Monday, May 12, 2025

U.S. and China reach deal to slash tariffs

"The United States and China said on Monday they have agreed to a
deal to slash reciprocal tariffs for now as the world’s two biggest economies seek to end a trade war that has disrupted the global outlook and set financial markets on edge.

Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent told reporters the two sides had agreed on a 90 day pause on measures and that tariffs would come down by over 100 percentage points to 10%." 
NYP

Putin hosts talks with African leaders on security

"Russian President Vladimir Putin on Saturday hosted bilateral talks with leaders of the
Palestinian Authority, Zimbabwe and Burkina Faso. Palestinian President Mahmoud Abbas, Zimbabwean President Emmerson Mnangagwa and President of Burkina Faso Ibrahim Traore arrived in Moscow to take part in celebrations marking the 80th anniversary of the defeat of Nazi Germany in World War II.
Speaking at the meeting with Palestinian leader Mahmoud Abbas, Putin suggested to exchange opinions on what Russia could do additionally to help de-escalate tensions in the Middle East." AfricaNews

Russians hit Bilhorod-Dnistrovskyi in Odesa Oblast

"
Russian forces attacked the city of Bilhorod-Dnistrovskyi in Odesa Oblast in the morning." Pravada

Ukrainian forces down 55 Russian UAVs

"The Defense Forces of
Ukraine successfully shot down 55 Russian drones, while 30 enemy UAVs vanished from radar. Russian forces have launched 108 attack UAVs and other types of decoy drones from various locations, including Bryansk, Orel, Shatalovo, Millerovo, Prymorsko-Akhtarsk, and Chauda (temporarily occupied Crimea)." Ukrin

155 combat engagements on front lines in past 24 hours

"Ukrainian forces engaged in 155 combat clashes with Russian troops along the frontline. Russian airstrikes targeted Horokhovatka and Sadovod in the Kharkiv region, Kostiantynivka and Rodynske in the Donetsk region, Novodarivka, Malynivka, Zaliznychne, Pavlivka, and Mali Shcherbaky in the Zaporizhzhia region, and Kozatske in the Kherson region.
In the Kharkiv sector,
Ukrainian forces repelled three Russian attacks near Vovchansk.
In the Kupiansk sector, two
Russian assaults were repelled in the areas of Nova Kruhliakivka and Zahryzove.
In the Lyman sector, the enemy launched 25 attacks, attempting advances near Kopanky, Hrekivka, Nove, Ridkodub, Kolodiazi, and towards Hryhorivka.
In the Siversk sector, eight enemy attacks were repelled near Bilohorivka and Verkhniokamianske.
In the Kramatorsk sector, four engagements occurred near Novomarkove, Chasiv Yar, and Andriivka.
In the Toretsk sector, six enemy assaults were recorded in the areas of Ozarianivka, Dyliivka, and Toretsk.
In the Pokrovsk sector,
Ukrainian defenders repelled 70 assault and offensive operations near settlements including Stara Mykolaivka, Vodiane Druhe, Nova Poltavka, Myroliubivka, Yelyzavetivka, Lysivka, Kotlyne, Novooleksandrivka, Kotliarivka, Troitske, Andriivka, and Bahatyr.
In the Novopavlivka sector, 13
Russian attacks were repelled near Kostiantynopil, Novosilka, Vilne Pole, and Novopil.
In the Orikhiv sector,
Ukrainian units repelled six assaults near Mala Tokmachka, Stepove, and Mali Shcherbaky.
In the Dnipro River sector, the enemy made one unsuccessful attempt to attack
Ukrainian positions.
In the Kursk sector, eight engagements took place. The enemy also launched four airstrikes with ten guided bombs and conducted 284 artillery attacks on
Ukrainian positions and settlements, including eight using MLRS." Ukrin