Monday, May 12, 2025

Trump Pushes for Immediate Russia-Ukraine Ceasefire, Highlights Potential ‘Economic Gains’

Shutterstock

U.S. President Donald Trump expressed hopes on Sunday that Russia and Ukraine would reach a ceasefire agreement this week.

Trump shared this message on his own social media platform, Truth Social, adding that following such an agreement, the two countries would start big business with a prosperous America and accumulate great wealth.

While Trump’s Easter message was short, consisting of just two sentences, it garnered attention for specifying a concrete timeframe of “this week” for potential agreement.

This statement was posted approximately 40 minutes before the end of the unilateral Easter temporary ceasefire declared by Russian President Vladimir Putin.

Previously, as U.S.-mediated ceasefire and peace negotiations between Russia and Ukraine had been making little progress, Trump had issued a warning on April 18 that the U.S. might withdraw from mediation if progress wasn’t made.

In response, Putin declared a temporary Easter ceasefire from 6 p.m. Moscow time on April 19 until Monday midnight.

Ukrainian President Volodymyr Zelenskyy had proposed extending the ceasefire period beyond Easter. However, the Kremlin announced that Putin had not ordered an extension of the ceasefire, which would end tonight.

Hot this week

3.81-Carat Diamond Found in Arkansas State Park—Named After a Dog

A man found a 3.81-carat diamond in Arkansas's Crater of Diamonds State Park, naming it Duke Diamond after his dog.

From Tariff Turbulence to Takeoff: Boeing Soars on Trade Optimism

The NYSE saw gains for two days, boosted by a US-UK trade deal and strong performances in quantum computing and semiconductor stocks.

WTI and Brent Bounce Back as Markets Bet on Trade Diplomacy

Global oil prices surged following a U.S.-UK trade deal, raising hopes for similar agreements and boosting economic optimism.

Disney’s Abu Dhabi Dream: Why It’s Avoiding Investment Risks

Disney plans its seventh theme park in Abu Dhabi, partnering with a local company to minimize investment risks while collecting royalties.

Disney Shares Skyrocket: The Theme Park Deal That Has Investors Buzzing

New York stocks rebounded after a volatile day, with NVIDIA and Disney shares surging on positive news, while EV stocks fell sharply.

Topics

3.81-Carat Diamond Found in Arkansas State Park—Named After a Dog

A man found a 3.81-carat diamond in Arkansas's Crater of Diamonds State Park, naming it Duke Diamond after his dog.

From Tariff Turbulence to Takeoff: Boeing Soars on Trade Optimism

The NYSE saw gains for two days, boosted by a US-UK trade deal and strong performances in quantum computing and semiconductor stocks.

WTI and Brent Bounce Back as Markets Bet on Trade Diplomacy

Global oil prices surged following a U.S.-UK trade deal, raising hopes for similar agreements and boosting economic optimism.

Disney’s Abu Dhabi Dream: Why It’s Avoiding Investment Risks

Disney plans its seventh theme park in Abu Dhabi, partnering with a local company to minimize investment risks while collecting royalties.

Disney Shares Skyrocket: The Theme Park Deal That Has Investors Buzzing

New York stocks rebounded after a volatile day, with NVIDIA and Disney shares surging on positive news, while EV stocks fell sharply.

WTI Oil Dips After Fed’s Unexpected Silence on Rate Cuts

Oil prices fell after the Fed's steady interest rate decision, with Brent crude at $61.12 and WTI at $58.07 per barrel.

Businesses Race to Import Ahead of Trump’s Tariffs, Breaking Trade Records

U.S. trade deficit hits a record high in March as imports surge before tariffs; growth expected to decline amid trade tensions.

Markets Dip as Fed Kicks Off Key Meeting, Trade Talks Gain Steam

U.S. stock indices fell as investors await the Fed's interest rate decisions and trade negotiations, while Tesla and biotech stocks struggled.

Related Articles