Connect with us

Business

Trump says he’ll meet Putin next Friday in Alaska to discuss Ukraine war’s end and predicts ‘some swapping of territories’

Published

on



President Donald Trump said Friday that he will meet with Russian President Vladimir Putin next Friday in Alaska to discuss ending the war in Ukraine, a potential major milestone after expressing weeks of frustration that more was not being done to quell the fighting.

Speaking to reporters at the White House after announcing a framework aimed at ending decades of conflict elsewhere in the world — between Armenia and Azerbaijan — Trump refused to say exactly when or where he would meet with Putin, but that he planned to announce a location soon. Later on social media, he announced what he called “the highly anticipated meeting” would happen Aug. 15 in Alaska. He said more details would follow. The Kremlin has not yet confirmed the details.

He suggested earlier Friday that his meeting with the Russian leader could come before any sit-down discussion involving Ukrainian President Volodymyr Zelenskyy.

“We’re going to have a meeting with Russia, start off with Russia. And we’ll announce a location. I think the location will be a very popular one,” Trump said.

He added: “It would have been sooner, but I guess there’s security arrangements that unfortunately people have to make. Otherwise I’d do it much quicker. He would, too. He’d like to meet as soon as possible. I agree with it. But we’ll be announcing that very shortly.”

If it happens, the meeting would be the first U.S.-Russia summit since 2021, when former President Joe Biden met Putin in Geneva. It could mean a breakthrough in Trump’s effort to end the war, although there’s no guarantee it would stop the fighting since Moscow and Kyiv remain far apart on their conditions for peace.

Still, Trump said, “President Putin, I believe, wants to see peace, and Zelenskyy wants to see peace.” He said that, “In all fairness to President Zelenskyy, he’s getting everything he needs to, assuming we get something done.”

Trump also said that a peace deal would likely mean “there will be some swapping of territories” between Ukraine and Russia but didn’t provide further details.

Trump said of territory generally “we’re looking to get some back and some swapping. It’s complicated.”

“Nothing easy,” the president said. “But we’re gonna get some back. We’re gonna get some switched. There’ll be some swapping of territories, to the betterment of both.”

Analysts, including some close to the Kremlin, have suggested that Russia could offer to give up territory it controls outside of the four regions it claims to have annexed.

Pressed on if this was the last chance to make a major peace deal, Trump said, “I don’t like using the term last chance,” and said that, “When those guns start going off, it’s awfully tough to get ’em to stop.”

Exasperated that Putin did not heed his calls to stop bombing Ukrainian cities, Trump almost two weeks ago moved up his ultimatum to impose additional sanctions on Russia and introduce secondary tariffs targeting countries that buy Russian oil if the Kremlin did not move toward a settlement. The deadline was Friday.

Prior to his announcing the meeting with Putin, Trump’s efforts to pressure Russia into stopping the fighting have so far delivered no progress. The Kremlin’s bigger army is slowly advancing deeper into Ukraine at great cost in troops and armor while it relentlessly bombards Ukrainian cities. Russia and Ukraine are far apart on their terms for peace.

Ukrainian troops say they are ready to keep fighting

Ukrainian forces are locked in intense battles along the 1,000-kilometer (620-mile) front line that snakes from northeast to southeast Ukraine. The Pokrovsk area of the eastern Donetsk region is taking the brunt of punishment as Russia seeks to break out into the neighboring Dnipropetrovsk region. Ukraine has significant manpower shortages.

Intense fighting is also taking place in Ukraine’s northern Sumy border region, where Ukrainian forces are engaging Russian soldiers to prevent reinforcements being sent from there to Donetsk.

In the Pokrovsk area of Donetsk, a commander said he believes Moscow isn’t interested in peace.

“It is impossible to negotiate with them. The only option is to defeat them,” Buda, a commander of a drone unit in the Spartan Brigade, told The Associated Press. He used only his call sign, in keeping with the rules of the Ukrainian military.

“I would like them to agree and for all this to stop, but Russia will not agree to that. It does not want to negotiate. So the only option is to defeat them,” he said.

In the southern Zaporizhzhia region, a howitzer commander using the call sign Warsaw, said troops are determined to thwart Russia’s invasion.

“We are on our land, we have no way out,” he said. “So we stand our ground, we have no choice.”

Putin makes a flurry of phone calls

The Kremlin said Friday that Putin had a phone call with Chinese leader Xi Jinping, during which the Russian leader informed Xi about the results of his meeting earlier this week with Trump envoy Steve Witkoff. Kremlin officials said Xi “expressed support for the settlement of the Ukrainian crisis on a long-term basis.”

Putin is due to visit China next month. China, along with North Korea and Iran, have provided military support for Russia’s war effort, the U.S. says.

Indian Prime Minister Narendra Modi said on X that he also had a call with Putin to speak about the latest Ukraine developments. Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, which the American president says is helping to finance Russia’s war.

Putin’s calls followed his phone conversations with the leaders of South Africa, Kazakhstan, Uzbekistan and Belarus, the Kremlin said.

The calls suggested to at least one analyst that Putin perhaps wanted to brief Russia’s most important allies about a potential settlement that could be reached at a summit with Trump.

“It means that some sort of real peace agreement has been reached for the first time,” said Sergei Markov, a pro-Kremlin Moscow-based analyst.

Analysts say Putin is aiming to outlast the West

Trump’s Friday comments came after he said he would meet with Putin even if the Russian leader will not meet with Zelenskyy. That stoked fears in Europe that Ukraine could be sidelined in efforts to stop the continent’s biggest conflict since World War II.

Putin said in a previous statement that he hoped to meet with Trump as early as next week, possibly in the United Arab Emirates.

The Institute for the Study of War, a Washington think tank, said in an assessment Thursday that “Putin remains uninterested in ending his war and is attempting to extract bilateral concessions from the United States without meaningfully engaging in a peace process.”

“Putin continues to believe that time is on Russia’s side and that Russia can outlast Ukraine and the West,” it said.



Source link

Continue Reading

Business

Epstein grand jury documents from Florida can be released by DOJ, judge rules

Published

on



A federal judge on Friday gave the Justice Department permission to release transcripts of a grand jury investigation into Jeffrey Epstein’s abuse of underage girls in Florida — a case that ultimately ended without any federal charges being filed against the millionaire sex offender.

U.S. District Judge Rodney Smith said a recently passed federal law ordering the release of records related to Epstein overrode the usual rules about grand jury secrecy.

The law signed in November by President Donald Trump compels the Justice Department, FBI and federal prosecutors to release later this month the vast troves of material they have amassed during investigations into Epstein that date back at least two decades.

Friday’s court ruling dealt with the earliest known federal inquiry.

In 2005, police in Palm Beach, Florida, where Epstein had a mansion, began interviewing teenage girls who told of being hired to give the financier sexualized massages. The FBI later joined the investigation.

Federal prosecutors in Florida prepared an indictment in 2007, but Epstein’s lawyers attacked the credibility of his accusers publicly while secretly negotiating a plea bargain that would let him avoid serious jail time.

In 2008, Epstein pleaded guilty to relatively minor state charges of soliciting prostitution from someone under age 18. He served most of his 18-month sentence in a work release program that let him spend his days in his office.

The U.S. attorney in Miami at the time, Alex Acosta, agreed not to prosecute Epstein on federal charges — a decision that outraged Epstein’s accusers. After the Miami Herald reexamined the unusual plea bargain in a series of stories in 2018, public outrage over Epstein’s light sentence led to Acosta’s resignation as Trump’s labor secretary.

A Justice Department report in 2020 found that Acosta exercised “poor judgment” in handling the investigation, but it also said he did not engage in professional misconduct.

A different federal prosecutor, in New York, brought a sex trafficking indictment against Epstein in 2019, mirroring some of the same allegations involving underage girls that had been the subject of the aborted investigation. Epstein killed himself while awaiting trial. His longtime confidant and ex-girlfriend, Ghislaine Maxwell, was then tried on similar charges, convicted and sentenced in 2022 to 20 years in prison.

Transcripts of the grand jury proceedings from the aborted federal case in Florida could shed more light on federal prosecutors’ decision not to go forward with it. Records related to state grand jury proceedings have already been made public.

When the documents will be released is unknown. The Justice Department asked the court to unseal them so they could be released with other records required to be disclosed under the Epstein Files Transparency Act. The Justice Department hasn’t set a timetable for when it plans to start releasing information, but the law set a deadline of Dec. 19.

The law also allows the Justice Department to withhold files that it says could jeopardize an active federal investigation. Files can also be withheld if they’re found to be classified or if they pertain to national defense or foreign policy.

One of the federal prosecutors on the Florida case did not answer a phone call Friday and the other declined to answer questions.

A judge had previously declined to release the grand jury records, citing the usual rules about grand jury secrecy, but Smith said the new federal law allowed public disclosure.

The Justice Department has separate requests pending for the release of grand jury records related to the sex trafficking cases against Epstein and Maxwell in New York. The judges in those matters have said they plan to rule expeditiously.

___

Sisak reported from New York.



Source link

Continue Reading

Business

Miss Universe co-owner gets bank accounts frozen as part of probe into drugs, fuel and arms trafficking

Published

on



Mexico’s anti-money laundering office has frozen the bank accounts of the Mexican co-owner of Miss Universe as part of an investigation into drugs, fuel and arms trafficking, an official said Friday.

The country’s Financial Intelligence Unit, which oversees the fight against money laundering, froze Mexican businessman Raúl Rocha Cantú’s bank accounts in Mexico, a federal official told The Associated Press on condition of anonymity because he was not authorized to comment on the investigation.

The action against Rocha Cantú adds to mounting controversies for the Miss Universe organization. Last week, a court in Thailand issued an arrest warrant for the Thai co-owner of the Miss Universe Organization in connection with a fraud case and this year’s competition — won by Miss Mexico Fatima Bosch — faced allegations of rigging.

The Miss Universe organization did not immediately respond to an email from The Associated Press seeking comment about the allegations against Rocha Cantú.

Mexico’s federal prosecutors said last week that Rocha Cantú has been under investigation since November 2024 for alleged organized crime activity, including drug and arms trafficking, as well as fuel theft. Last month, a federal judge issued 13 arrest warrants for some of those involved in the case, including the Mexican businessman, whose company Legacy Holding Group USA owns 50% of the Miss Universe shares.

The organization’s other 50% belongs to JKN Global Group Public Co. Ltd., a company owned by Jakkaphong “Anne” Jakrajutatip.

A Thai court last week issued an arrest warrant for Jakrajutatip who was released on bail in 2023 on the fraud case. She failed to appear as required in a Bangkok court on Nov. 25. Since she did not notify the court about her absence, she was deemed to be a flight risk, according to a statement from the Bangkok South District Court.

The court rescheduled her hearing for Dec. 26.

Rocha Cantú was also a part owner of the Casino Royale in the northern Mexican city of Monterrey, when it was attacked in 2011 by a group of gunmen who entered it, doused gasoline and set it on fire, killing 52 people.

Baltazar Saucedo Estrada, who was charged with planning the attack, was sentenced in July to 135 years in prison.



Source link

Continue Reading

Business

Elon Musk’s X fined $140 million by EU for breaching digital regulations

Published

on



European Union regulators on Friday fined X, Elon Musk’s social media platform, 120 million euros ($140 million) for breaches of the bloc’s digital regulations, in a move that risks rekindling tensions with Washington over free speech.

The European Commission issued its decision following an investigation it opened two years ago into X under the 27-nation bloc’s Digital Services Act, also known as the DSA.

It’s the first time that the EU has issued a so-called non-compliance decision since rolling out the DSA. The sweeping rulebook requires platforms to take more responsibility for protecting European users and cleaning up harmful or illegal content and products on their sites, under threat of hefty fines.

The Commission, the bloc’s executive arm, said it was punishing X because of three different breaches of the DSA’s transparency requirements. The decision could rile President Donald Trump, whose administration has lashed out at digital regulations, complained that Brussels was targeting U.S. tech companies and vowed to retaliate.

U.S. Secretary of State Marco Rubio posted on his X account that the Commission’s fine was akin to an attack on the American people. Musk later agreed with Rubio’s sentiment.

“The European Commission’s $140 million fine isn’t just an attack on @X, it’s an attack on all American tech platforms and the American people by foreign governments,” Rubio wrote. “The days of censoring Americans online are over.”

Vice President JD Vance, posting on X ahead of the decision, accused the Commission of seeking to fine X “for not engaging in censorship.”

“The EU should be supporting free speech not attacking American companies over garbage,” he wrote.

Officials denied the rules were intended to muzzle Big Tech companies. The Commission is “not targeting anyone, not targeting any company, not targeting any jurisdictions based on their color or their country of origin,” spokesman Thomas Regnier told a regular briefing in Brussels. “Absolutely not. This is based on a process, democratic process.”

X did not respond immediately to an email request for comment.

EU regulators had already outlined their accusations in mid-2024 when they released preliminary findings of their investigation into X.

Regulators said X’s blue checkmarks broke the rules because on “deceptive design practices” and could expose users to scams and manipulation.

Before Musk acquired X, when it was previously known as Twitter, the checkmarks mirrored verification badges common on social media and were largely reserved for celebrities, politicians and other influential accounts, such as Beyonce, Pope Francis, writer Neil Gaiman and rapper Lil Nas X.

After he bought it in 2022, the site started issuing the badges to anyone who wanted to pay $8 per month.

That means X does not meaningfully verify who’s behind the account, “making it difficult for users to judge the authenticity of accounts and content they engage with,” the Commission said in its announcement.

X also fell short of the transparency requirements for its ad database, regulators said.

Platforms in the EU are required to provide a database of all the digital advertisements they have carried, with details such as who paid for them and the intended audience, to help researches detect scams, fake ads and coordinated influence campaigns. But X’s database, the Commission said, is undermined by design features and access barriers such as “excessive delays in processing.”

Regulators also said X also puts up “unnecessary barriers” for researchers trying to access public data, which stymies research into systemic risks that European users face.

“Deceiving users with blue checkmarks, obscuring information on ads and shutting out researchers have no place online in the EU. The DSA protects users,” Henna Virkkunen, the EU’s executive vice-president for tech sovereignty, security and democracy, said in a prepared statement.

The Commission also wrapped up a separate DSA case Friday involving TikTok’s ad database after the video-sharing platform promised to make changes to ensure full transparency.

___

AP Writer Lorne Cook in Brussels contributed to this report.



Source link

Continue Reading

Trending

Copyright © Miami Select.