Putin Demands More Ukrainian Land to End War; Kyiv Rejects ‘Ultimatum’

Ukrainian servicemen of the 148th Separate Artillery Brigade of the Ukrainian Air Assault Forces, prepare to fire a BM-21 Grad multiple-launch rocket system toward Russian troops, on a front line, amid Russia's attack on Ukraine, in Donetsk region, Ukraine June 12, 2024. (Reuters)
Ukrainian servicemen of the 148th Separate Artillery Brigade of the Ukrainian Air Assault Forces, prepare to fire a BM-21 Grad multiple-launch rocket system toward Russian troops, on a front line, amid Russia's attack on Ukraine, in Donetsk region, Ukraine June 12, 2024. (Reuters)
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Putin Demands More Ukrainian Land to End War; Kyiv Rejects ‘Ultimatum’

Ukrainian servicemen of the 148th Separate Artillery Brigade of the Ukrainian Air Assault Forces, prepare to fire a BM-21 Grad multiple-launch rocket system toward Russian troops, on a front line, amid Russia's attack on Ukraine, in Donetsk region, Ukraine June 12, 2024. (Reuters)
Ukrainian servicemen of the 148th Separate Artillery Brigade of the Ukrainian Air Assault Forces, prepare to fire a BM-21 Grad multiple-launch rocket system toward Russian troops, on a front line, amid Russia's attack on Ukraine, in Donetsk region, Ukraine June 12, 2024. (Reuters)

President Vladimir Putin said on Friday Russia would end the war in Ukraine only if Kyiv agreed to drop its NATO ambitions and hand over the entirety of four provinces claimed by Moscow, demands Kyiv swiftly rejected as tantamount to surrender.

On the eve of a conference in Switzerland to which Russia has not been invited, Putin set out maximalist conditions wholly at odds with the terms demanded by Ukraine, apparently reflecting Moscow's growing confidence that its forces have the upper hand in the war.

He restated his demand for Ukraine's demilitarization, unchanged from the day he sent in his troops on Feb. 24, 2022, and said an end to Western sanctions must also be part of a peace deal.

He also repeated his call for Ukraine's "denazification", based on what Kyiv calls an unfounded slur against its leadership.

Ukraine said the conditions were "absurd".

"He is offering for Ukraine to admit defeat. He is offering for Ukraine to legally give up its territories to Russia. He is offering for Ukraine to sign away its geopolitical sovereignty," Ukrainian presidential adviser Mykhailo Podolyak told Reuters.

President Volodymyr Zelenskiy told Italy's SkyTG24 news channel: "These are ultimatum messages that are no different from messages from the past."

US Defense Secretary Lloyd Austin told reporters at NATO headquarters in Brussels: "He (Putin) is not in any position to dictate to Ukraine what they must do to bring about peace."

The timing of Putin's speech was clearly intended to preempt the Swiss summit, billed as a "peace conference" despite Russia's exclusion, where Zelenskiy seeks a show of international support for Kyiv's terms to end the war.

"The conditions are very simple," Putin said, listing them as the full withdrawal of Ukrainian troops from the entire territory of the Donetsk, Luhansk, Kherson and Zaporizhzhia regions in eastern and southern Ukraine.

Russia claimed the four regions, which its forces control only partially, as part of its own territory in 2022, an act rejected by most countries at the United Nations as illegal.

Moscow also seized and annexed Ukraine's Crimea peninsula in 2014.

"As soon as they declare in Kyiv that they are ready for such a decision and begin a real withdrawal of troops from these regions, and also officially announce the abandonment of their plans to join NATO - on our side, immediately, literally at the same minute, an order will follow to cease fire and begin negotiations," Putin said.

"I repeat, we will do this immediately. Naturally, we will simultaneously guarantee the unhindered and safe withdrawal of Ukrainian units and formations."

Russia controls nearly a fifth of Ukrainian territory in the third year of the war. Ukraine says peace can only be based on the full withdrawal of Russian forces and the restoration of its territorial integrity.

The weekend summit in Switzerland, which will be attended by representatives of more than 90 nations and organizations, is expected to shy away from territorial issues and focus instead on matters such as food security and nuclear safety in Ukraine.

The Kremlin has said the gathering will prove "futile" without Russia being represented.

EXISTENTIAL QUESTION

Putin's conditions appeared to reflect his growing confidence in Moscow's ability to impose its own terms as its forces have gradually advanced in recent months.

Putin said "the future existence of Ukraine" depended on it withdrawing its forces, on it adopting a neutral status, and on beginning talks with Russia, and said Kyiv's military situation would worsen if it rejected the offer.

"Today we are making another concrete, real peace proposal. If in Kyiv and in the Western capitals they refuse it as before, then, in the end, it is their business, their political and moral responsibility for the continuation of bloodshed," Putin said.

Ukraine and its Western allies describe the conflict as an imperial-style war of territorial conquest. Ukraine says any demand for its demilitarization or future neutrality would expose it to further Russian attacks.

Putin was speaking in the same week that the United States hit Russia with more sanctions, announced a 10-year security pact with Ukraine - seen as a potential precursor to eventual NATO membership - and reached a deal with its Group of Seven allies to use interest on Russian assets frozen in the West to back a $50 billion loan to Kyiv.

US President Joe Biden said on Thursday that the message to Putin was that the West would stay the course: "You cannot wait us out. You cannot divide us," said Biden.



US Launches ‘Economic Onslaught’ Against Iran’s Financial Connections

WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
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US Launches ‘Economic Onslaught’ Against Iran’s Financial Connections

WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP

US Treasury Secretary Scott Bessent unveiled Monday what he described as an "economic D-Day" that aims to give a final warning to countries to sever their business ties with Iran or risk having key companies and entities cut off from the dollar-based financial system.

"We are launching an economic onslaught against Iran’s financial connections around ⁠the globe. Our ⁠objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone," Bessent said.

He added that it’s “no longer acceptable to operate in the gray spaces” of the conflict.

He did not name what countries could face potential secondary sanctions from the United States.

“Let there be no ambiguity as to the position of the United States,” Bessent told a news conference. “An economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.”

The US Treasury Department has mapped the networks, facilitators, and financial channels that Iran uses to smuggle oil and evade sanctions and said that Washington would be working with US partners to target any source of Iran's "illicit revenue."

The department said it has issued determinations against five sectors -- digital assets, technology, gold, ⁠aviation and shipping -- that the Iranian government is using to prop up its economy. The Treasury has also imposed sanctions on nearly 60 entities, individuals and vessels.

US President Donald Trump's war with Iran, which has pushed energy prices higher worldwide, is about to hit its six-month mark. While heavy fighting has ‌subsided, diplomatic efforts to end the war have stalled and oil and raw material shipping through the Strait of Hormuz ⁠remains blocked, ⁠keeping energy prices elevated.


Trump Says Iran 'Collapsing' Ahead of Sanctions Announcement

Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
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Trump Says Iran 'Collapsing' Ahead of Sanctions Announcement

Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)

President Donald Trump said Monday that Iran is "collapsing" hours before the US government was set to announce details of what it says will be crushing sanctions against Tehran.

"IRAN IS COMPLETELY COLLAPSING!!!" Trump posted in his trademark all-caps style on his social media platform Truth Social.

“President Trump decimated Iran’s economy to a point where the rial has never been weaker and inflation has rarely been higher,” US Treasury Secretary Scott Bessent wrote Sunday in an opinion piece in the Financial Times.

“The regime’s final refuge now lies in the self-deception of fearful nations that still believe accommodating aggression can secure a durable peace.”


Health of Norway's King Deteriorated but he is Stable Now

(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)
(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)
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Health of Norway's King Deteriorated but he is Stable Now

(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)
(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)

Crown Prince Haakon visited his father King Harald of Norway on Monday at the hospital, after the king's health deteriorated over the weekend, public broadcaster NRK reported.

The 89-year-old monarch, who has been on sick leave for several weeks, was admitted to the National Hospital a week ago. He is now receiving antibiotics for a bacterial blood infection and has responded to treatment, the royal palace said late Sunday, adding that his condition is stable.

Haakon, has been serving as regent during that time, The Associated Press quoted the palace as saying.

The king has hemolytic anemia and was being treated with cortisone, leading to fluid accumulation in the body that required hospital treatment, the palace said last week.

Norway's prime minister sent his wishes for the king and said that “all of Norway is following and thinking about the king,” NRK reported.

“My strong wish is that he continues to receive good treatment from the good healthcare system we have,” Prime Minister Jonas Gahr Støre said.

Harald, who has been monarch since 1991, has been in and out of the hospital several times in recent years.

In February, he was admitted to a hospital in Spain’s Canary Islands during a winter vacation for treatment for a skin infection.

Two years ago, the king fell ill during a private vacation with the queen in Malaysia and received a temporary pacemaker there. Harald returned aboard a medical airplane to Norway, where he was fitted with a permanent pacemaker.