Wednesday, April 16, 2025

U.S. and Ukraine Agree to 30-Day Ceasefire Plan in Jeddah Talks

U.S. Secretary of State Marco Rubio (second from left) and the U.S.-Ukrainian negotiation teams engage in peace talks for the Ukraine conflict on March 11 in Jeddah, Saudi Arabia. / Xinhua News Agency

On Tuesday, U.S. Secretary of State Marco Rubio met with Ukrainian negotiation teams in Jeddah, Saudi Arabia, to discuss potential resolutions to Ukraine’s ongoing conflict. During the talks, Ukraine signaled its willingness to accept the U.S.’s 30-day ceasefire proposal, contingent on Russia’s agreement.

The ceasefire plan calls for an immediate halt to hostilities. The Ukrainian delegation stated they would implement the ceasefire as soon as Russia accepted the terms. This breakthrough emerged from intense negotiations between U.S. and Ukrainian officials in Saudi Arabia.

Following the talks in Jeddah, Rubio announced that Ukraine has expressed readiness to engage in dialogue and halt military operations.

The ceasefire agreement includes provisions for the U.S. to promptly resume intelligence sharing and security assistance to Ukraine. Additionally, both governments revealed plans to accelerate a mineral resources agreement with Ukraine. A joint statement highlighted that President Donald Trump and Ukrainian President Volodymyr Zelenskyy have committed to finalizing a comprehensive agreement on developing Ukraine’s critical mineral resources as soon as possible.

This agreement was reached after more than seven hours of high-level discussions between U.S. and Ukrainian officials. Rubio elaborated, “Today we made an offer that the Ukrainians have accepted, which is to enter into a ceasefire and into immediate negotiations. We’ll take this offer now to the Russians and we hope they’ll say yes to peace. The ball is now in their court.”

In their joint statement, both nations agreed to implement a one-month ceasefire, which could be extended by mutual consent. The statement reaffirmed the U.S.’s commitment to maintaining open lines of communication with Russia, asserting that ” Russian reciprocity is the key to achieving peace.”

Hot this week

Brent Settles at $64.88 as OPEC Sees Slower Global Growth

Oil prices rose slightly as OPEC lowered its global demand growth forecast, reflecting concerns over economic uncertainty and trade disputes.

Wall Street Climbs for Second Day—Dow Up 312 Points, VIX Drops 17%

The New York stock market rises as Trump delays tariffs, easing investor anxiety, though mixed results emerge among major tech firms.

Half of France Skips Shampoo and Toothpaste——Here’s Why They’re Giving Up

A study reveals half of French citizens are cutting back on hygiene products due to financial strain, raising concerns about poverty.

AI Breakthrough: Robots Can Now Spot Objects They’ve Never Seen Before

Researchers at GIST have developed the QuBER model, enhancing AI vision for robots to recognize unfamiliar objects accurately and swiftly.

Lucid Motors Buys Nikola’s Factory—And Hires 300 Staff Overnight

Lucid Motors will acquire Nikola's Arizona facilities, hiring 300 former employees, as Nikola faces bankruptcy after financial troubles.

Topics

Brent Settles at $64.88 as OPEC Sees Slower Global Growth

Oil prices rose slightly as OPEC lowered its global demand growth forecast, reflecting concerns over economic uncertainty and trade disputes.

Wall Street Climbs for Second Day—Dow Up 312 Points, VIX Drops 17%

The New York stock market rises as Trump delays tariffs, easing investor anxiety, though mixed results emerge among major tech firms.

Half of France Skips Shampoo and Toothpaste——Here’s Why They’re Giving Up

A study reveals half of French citizens are cutting back on hygiene products due to financial strain, raising concerns about poverty.

AI Breakthrough: Robots Can Now Spot Objects They’ve Never Seen Before

Researchers at GIST have developed the QuBER model, enhancing AI vision for robots to recognize unfamiliar objects accurately and swiftly.

Lucid Motors Buys Nikola’s Factory—And Hires 300 Staff Overnight

Lucid Motors will acquire Nikola's Arizona facilities, hiring 300 former employees, as Nikola faces bankruptcy after financial troubles.

Trump’s Tariffs Could Wreck the Economy—Here’s Why Larry Fink Thinks So

Trump's tariff policies may push the U.S. economy into recession, warns BlackRock's CEO Larry Fink, citing ongoing market uncertainty.

Nasdaq Rockets 7.3% in One Week—Is the Bull Market Back?

The New York stock market closed higher, driven by hopes for U.S.-China trade talks, with tech stocks leading substantial weekly gains.

Oil Rebounds Over 2%—But the Market’s Still on a Roller Coaster

International oil prices saw a brief rebound, but ended the week lower amid trade war concerns and fluctuating investor sentiment.

Related Articles