Russian President Vladimir Putin and Chinese President Xi Jinping hailed their countries' relationship on May 8, vowing to increase cooperation in all areas, including military ties.
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Friday, May 9
"There is Turkey, which maintains channels of communication. And then, above all, there is the People's Republic of China, which, more than anyone else, has the means to make (Russian President Vladimir) Putin come to the negotiating table and soften his demands," Polish Foreign Minister Radoslaw Sikorski said on May 8.
The United States will be ready to "walk away" from the negotiating table if it does not see Russia making progress in negotiation to end the war, U.S. Vice President JD Vance told Fox News on May 8.
Slovak Prime Minister Robert Fico arrived in Moscow on May 9 to celebrate Victory Day, commemorating the 80th anniversary of the defeat of Nazi Germany in World War II.
Friday, May 9
US President Donald Trump on May 8 called for a "30-day unconditional ceasefire" between Ukraine and Russia. Writing on Truth Social, Trump expressed his hope for "an acceptable ceasefire," with both countries "held accountable for respecting the sanctity of... direct negotiations."
President Volodymyr Zelensky had a "constructive" phone call with United States President Donald Trump on May 8, discussing the war, continued pressure on Russia, and a potential ceasefire.
The survey, conducted between April 24 and May 4, shows that 56.9% of respondents would not be willing to compromise on either territorial integrity or Ukraine’s pro-Western direction in any potential talks with Moscow.
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U.S. Cardinal Robert Prevost was elected the new pope and leader of the Roman Catholic Church on Thursday, taking the name Pope Leo XIV, a senior cardinal announced on May 8 to crowds gathered in St. Peter’s Square, according to Vatican News.
Despite the Kremlin’s announcement of a May 8–11 truce, heavy fighting continued in multiple regions throughout the day.
The shooting occurred around 3:22 p.m. local time in Sofiivska Borshchahivka, a residential area in Bucha district, according to the Kyiv regional police.
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Russian state media: $36 billion lost from exiting foreign investors in past year, claims impact 'minimal'
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Foreign investors have withdrawn approximately $36 billion from the Russian market over the past year, Russian state-affiliated media RIA Novosti reported on May 29.
An analyst citing data from the Russian Central Bank said that companies departing from Russia carried out 200 asset sale transactions between March 2022 and 2023. Out of these transactions, 20 percent involved assets valued at over $100 million.
The Russian propaganda outlet then went on to claim that "the impact of foreign investors selling Russian assets on the domestic market is limited on a national scale" and that many companies "planned to return."
The aforementioned transactions also require "require the retention of necessary licenses and patents," RIA Novosti claimed.
The Russian government has attempted to complicate the withdrawal process for Western companies looking to exit the Russian market.
In late March, a new ruling indicated that Western companies wanting to leave and sell their assets in Russia are now forced to make a direct donation to the Russian state.
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In the second year of Russia’s full-scale war against Ukraine, Moscow has shown its intent to fight and win the war without regard for the lives of its servicemen, or the damage caused to Russia’s economy and social fabric. The Kremlin’s choice to announce “partial” mobilization in
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