logo
Kremlin declines to predict when Putin and Trump may meet face-to-face

Kremlin declines to predict when Putin and Trump may meet face-to-face

Straits Times7 hours ago

FILE PHOTO: The Russian flag flies on the dome of the Kremlin Senate building behind Spasskaya Tower in Moscow, Russia June 2, 2025. REUTERS/Evgenia Novozhenina/File photo
ST PETERSBURG, Russia - The Kremlin said on Friday it could not predict whether Russian President Vladimir Putin would meet U.S. President Donald Trump this year given how turbulent the world had become.
The Kremlin has repeatedly said that Putin is open to an in-person meeting with Trump, but that the process of setting one up is complex and first requires lengthy preparation at expert level.
Trump and Putin have held five phone calls this year, most recently on Saturday, according to public statements from the two sides.
When asked about the probability of the two leaders meeting face-to-face sometime this year, Peskov told reporters: "I wouldn't venture to make such predictions."
"We live in such a turbulent world that it is impossible to make forecasts even for next week," he said, in an apparent reference to the Israel-Iran conflict.
After returning to the White House in January, Trump initially took a softer stance towards Moscow, but in recent months he has grown increasingly frustrated that his push to bring about an end to the war in Ukraine has thus far yielded scant results.
Russia said on Monday that the United States had cancelled the next round of bilateral talks on removing "irritants" between the two countries.
Peskov said on Friday that Moscow was in constant dialogue with the U.S. about a possible peace settlement for Ukraine, but that a separate track of talks on trying to repair bilateral ties was complex because so many problems had accumulated over the years.
He said that U.S. diplomats wanted to link the two sets of negotiations, but that Moscow believed removing "irritants' in bilateral ties would help efforts to make progress on Ukraine.
"We hope that in the foreseeable future we will reach agreement on new dates (for a new round of talks on bilateral issues)," said Peskov. REUTERS
Join ST's Telegram channel and get the latest breaking news delivered to you.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Putin says 'the whole of Ukraine is ours' in theory, may take city of Sumy
Putin says 'the whole of Ukraine is ours' in theory, may take city of Sumy

Straits Times

time31 minutes ago

  • Straits Times

Putin says 'the whole of Ukraine is ours' in theory, may take city of Sumy

Russia's President Vladimir Putin speaks during a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 20, 2025. REUTERS/Anton Vaganov Putin says 'the whole of Ukraine is ours' in theory, may take city of Sumy ST PETERSBURG - President Vladimir Putin said on Friday that Russians and Ukrainians were one people, "and in that sense the whole of Ukraine is ours," and said he did not rule out Russia taking control of the Ukrainian city of Sumy. But Putin, speaking at an international economic forum in St Petersburg, said Russia had never doubted Ukraine's right to sovereignty, but noted that when Ukraine declared its independence in 1991 it was as a "neutral state". Putin, who says Russia is fighting in Ukraine to protect its own security, was answering a question about Russia's war aims. "We have a saying, or a parable," Putin said. "Where the foot of a Russian soldier steps, that is ours." Kyiv and its Western allies have rejected Moscow's claims to four Ukrainian regions and Crimea as illegal, and Ukrainian President Volodymyr Zelenskiy has repeatedly rejected the notion that Russians and Ukrainians are one people. Putin said Russian forces were carving out a buffer zone in Ukraine's Sumy region in order to protect Russian territory and said he did not rule out those same troops taking control of the regional capital of Sumy. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Latvian president believes NATO will overcome obstacles, meet 5% goal
Latvian president believes NATO will overcome obstacles, meet 5% goal

Straits Times

time31 minutes ago

  • Straits Times

Latvian president believes NATO will overcome obstacles, meet 5% goal

RIGA - Latvia's president expressed confidence NATO would agree to a new higher defence spending target demanded by U.S. President Donald Trump, despite Spanish objections, saying the alliance had little choice given the growing threat from Russia. Spain on Thursday asked to opt out of the plan to increase members' defence spending to 5% of their gross domestic product, as requested by Trump, a move which could derail next week's NATO summit at the Hague. Any agreement to raise defence spending needs unanimous approval by the 32 member states. Latvian President Edgars Rinkevics told Reuters on Friday he understood why countries further from Russia might have difficulties convincing their voters to spend more on defence. But he said the need was pressing. 'I do hope there is the understanding in Madrid that this is a critical time for the Alliance, both when it comes to (increasing) its defence capabilities, but also to the Trans-Atlantic relationship,' he said in an interview in Riga. 'I think that they don't have much of a choice,' he added. At an estimated 1.28% of GDP, Spain had the lowest proportion of expenditure on defence in the alliance last year, according to NATO estimates. Latvia and fellow Baltic states Lithuania and Estonia are urgently ramping up their militaries, fearing that their neighbour and former overlord Russia could push on from its 2022 invasion of Ukraine to take more territory. They spent more than 3% of GDP on defence this year, and have committed to top 5% for the next few years. "We are saying that we need to spend as soon as possible now in order to avoid a worst-case scenario, spending much more later," Rinkevics said. "While Russia is stuck in Ukraine, that possibility of a direct military attack is not very high," he said. "But it may change very, very quickly ... if a development in Ukraine leads Russian leadership to believe that NATO is weak, that Ukraine is defeated, that NATO is divided". REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Russia must not let economy slip into recession, says Putin, after minister issues warning
Russia must not let economy slip into recession, says Putin, after minister issues warning

Straits Times

time41 minutes ago

  • Straits Times

Russia must not let economy slip into recession, says Putin, after minister issues warning

Participants watch Russian President Vladimir Putin's speech on a TV screen at the 28th Saint Petersburg International Economic Forum on June 20. PHOTO: EPA-EFE Russia must not let economy slip into recession, says Putin, after minister issues warning ST PETERSBURG, Russia - Russia's economy must under no circumstances slide into recession, President Vladimir Putin told an economic forum on June 20, in a clear instruction to assembled government ministers and central bankers. The Bank of Russia hiked its key interest rate to the highest level since the early 2000s in October, seeking to curb stubbornly high inflation, before cutting it by one percentage point to 20 per cent earlier this month. The Kremlin has said this easing did not go far enough, as the economy threatens to cool too quickly after running hot for two years thanks largely to huge increases in defence spending on the war in Ukraine. 'Our most important task is to ensure the economy's transition to a balanced growth trajectory,' Mr Putin said, in a keynote speech at the St Petersburg International Economic Forum. Consumer inflation is running at 9.59 per cent on an annual basis, according to the economy ministry, well above the central bank's 4 per cent target, but has been gradually easing since late April. 'Balanced growth is moderate inflation, low unemployment, and continued positive economic dynamics... At the same time, some specialists and experts point to the risks of stagnation and even recession. This should not be allowed under any circumstances,' Mr Putin said. Economy Minister Maxim Reshetnikov, in a downbeat message to Russia's showcase economic event, said on June 20 that the economy was on the verge of sliding into recession and monetary policy decisions would determine whether it falls into one or not. Pressure on the central bank is mounting. Central Bank Governor Elvira Nabiullina, credited with steering Russia through a serious of crises since being appointed in 2013, has also faced criticism from lawmakers and prominent businessmen, often over high interest rates or rouble volatility. She has remained in post thanks to Mr Putin's personal support. Russian Economic Development Minister Maxim Reshetnikov delivered a downbeat message at Russia's showcase economic event. PHOTO: REUTERS 'It's time to cut the rate and start heating up the economy,' Deputy Prime Minister Alexander Novak said on June 20. Demand for credit is weak, said Mr German Gref, chief executive officer of Russia's largest lender Sberbank, calling for faster rate cuts to incentivise companies to invest. 'It is especially worrying that we, as the largest bank, which finances... almost 60 per cent of all investment projects in the country, have not financed a single new project since the new year,' Mr Gref said on June 20. 'Serious problem' Businesses, complaining for months about high rates stifling investment, have continued to bang the drum for a cut, with Mr Alexey Mordashov, steelmaker Severstal's largest shareholder, warning that certain businesses were downsizing or shutting down. 'We are on the brink of a serious credit servicing the number of bankruptcies is growing,' Mr Mordashov said, warning that more businesses may become disillusioned with high rates and simply choose to hold money on high-interest deposits instead. Steel consumption was down 14 per cent in January-May compared with the same period of 2024, Mr Mordashov said, highlighting how investment activity is down, hurting Russia's long-term development and competitiveness. 'This cooling is a serious problem right now,' Mr Mordashov said. 'And to continue with this (monetary) policy is fraught with the intensification of these negative consequences.' REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store