Ukraine Summit Sees Hard Road to Peace as Way Forward Uncertain

Ukrainian President Volodymyr Zelenskiy looks on between two bilateral meetings during the Summit on Peace in Ukraine, in Stansstad near Lucerne, Switzerland, 15 June 2024. (EPA)
Ukrainian President Volodymyr Zelenskiy looks on between two bilateral meetings during the Summit on Peace in Ukraine, in Stansstad near Lucerne, Switzerland, 15 June 2024. (EPA)
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Ukraine Summit Sees Hard Road to Peace as Way Forward Uncertain

Ukrainian President Volodymyr Zelenskiy looks on between two bilateral meetings during the Summit on Peace in Ukraine, in Stansstad near Lucerne, Switzerland, 15 June 2024. (EPA)
Ukrainian President Volodymyr Zelenskiy looks on between two bilateral meetings during the Summit on Peace in Ukraine, in Stansstad near Lucerne, Switzerland, 15 June 2024. (EPA)

Western powers and their allies at a summit in Switzerland denounced Russia's invasion of Ukraine on Sunday, but they failed to persuade major non-aligned states to join their final statement, and no country came forward to host a sequel.

Over 90 countries attended the two-day talks at a Swiss Alpine resort at the behest of Ukrainian President Volodymyr Zelenskiy, billed as a "peace summit" even though Moscow was not invited.

Russia ridiculed the event from afar. A decision by China to stay away all but assured that the summit would fail to achieve Ukraine's goal of persuading major countries from the "global South" to join in isolating Russia.

Brazil attended only as an "observer". And in the end, India, Indonesia, Mexico and South Africa all withheld their signatures from the summit communique, even though some contentious issues were omitted in the hope of drawing wider support.

Still, the conference provided Kyiv with a chance to showcase the support from Western allies that it says it needs to keep fighting against a far bigger enemy.

"We are responding to Russia's full-scale invasion of Ukraine not only with a full-scale defense of human life, but also with full-scale diplomacy," Zelenskiy said.

Leaders including US Vice President Kamala Harris, German Chancellor Olaf Scholz and French President Emmanuel Macron gathered at the mountaintop resort of Buergenstock. US President Joe Biden, in Europe for other events last week, did not attend despite public invitations from Zelenskiy.

The frontlines in Ukraine have barely moved since the end of 2022, despite tens of thousands of dead on both sides in relentless trench warfare, the bloodiest fighting in Europe since World War Two.

In her closing remarks, Swiss President Viola Amherd warned that the "road ahead is long and challenging".

Russia, as it has for weeks, mocked the gathering.

"None of the participants in the 'peace forum' knows what he is doing there and what his role is," said Dmitry Medvedev, Russia's former president and now deputy chairman of the country's Security Council.

'THINGS CAN'T GO ON LIKE THIS'

After initial Ukrainian successes that saw Kyiv repel an assault on the capital and recapture territory in the war's first year, a major Ukrainian counter-offensive using donated Western tanks fizzled last year. Russian forces still hold a fifth of Ukraine and are again advancing, albeit slowly. No peace talks have been held for more than two years.

"We know that peace in Ukraine will not be achieved in one step, it will be a journey," European Commission Chief Ursula von der Leyen said, calling for "patience and determination".

"It was not a peace negotiation because (Russia's President Vladimir) Putin is not serious about ending the war, he's insisting on capitulation, he's insisting on ceding Ukrainian territory - even territory that today is not occupied."

In the absence of a clear path to ending the war, Zelenskiy emphasized practical issues, such as nuclear safety and securing food supplies from Ukraine, one of the world's biggest grain exporters.

The summit's final declaration called for Ukraine's control over the Zaporizhzhia nuclear plant and its Azov Sea ports to be restored. But in line with the conference's more modest stated aims, it omitted tougher issues of what a post-war settlement for Ukraine might look like, whether Ukraine could join the NATO alliance or how troop withdrawals from both sides might work.

"The more allies that can be found to say 'Things can't go on like this', 'This is too much', 'That's overstepping the mark', that also increases the moral pressure on the Russian Federation," said Austrian Chancellor Karl Nehammer.

As Sunday's talks turned towards issues of food security and nuclear power, some leaders left early.

Since initial peace talks in the first months after the Feb. 2022 invasion, Ukraine has consistently demanded Russia withdraw from all its land, while Moscow has demanded recognition of its rule over territory its forces captured.

Last week, in remarks clearly aimed at the conference, Putin said Russia would not halt the war until Kyiv withdraws its forces fully from four provinces that Moscow only partially controls and claims to have annexed. Kyiv swiftly denounced that as a demand for surrender.

"Of course we...understand perfectly that a time will come when it will be necessary to talk to Russia," Ukrainian Foreign Minister Dmytro Kuleba said. "But our position is very clear: We will not allow Russia to speak in the language of ultimatums like it is speaking now."

Western leaders at the summit endorsed Kyiv's refusal to negotiate under such terms.

"Confusing peace with subjugation would set a dangerous precedent for everyone," said Italian Prime Minister Giorgia Meloni.



Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
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Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)

Russia's defense ministry released video footage on Wednesday of what it said was a downed drone at a briefing intended to show Ukraine tried this week to attack a presidential residence and challenge Kyiv's denials that such an attack took place. 

Kyiv says Moscow has produced no evidence to support its allegations and that Russia invented the alleged attack to block progress at talks on ‌ending the war ‌in Ukraine. Officials in several ‌Western ⁠countries have ‌cast doubt on Russia's version of events and questioned whether there was any attack. 

Video footage released by Russia's defense ministry showed a senior officer, Major-General Alexander Romanenkov, setting out details of how Moscow says it believes Ukraine attacked one of President Vladimir Putin's residences in ⁠the Novgorod region. 

Romanenkov said 91 drones had been launched from Ukraine's Sumy ‌and Chernihiv regions in a "thoroughly ‍planned" attack that he said ‍was thwarted by Russian air defenses, caused ‍no damage and injured no one. 

The video released by the ministry included footage of a Russian serviceman standing next to fragments of a device which he said was a downed Ukrainian Chaklun-V drone carrying a 6-kg explosive device which had not detonated. 

The ministry did ⁠not explain how it knew what the device's target was. 

Speaking to Reuters, Ukrainian Foreign Ministry spokesperson Heorhii Tykhyi said the footage was "laughable" and that Kyiv was "absolutely confident that no such attack took place". 

Reuters could not confirm the location and the date of the footage showing fragments of a destroyed device. The model of the destroyed device could not be immediately verified. 

Other footage featured a man, identified as Igor Bolshakov from a ‌village in the Novgorod region, saying he had heard air defense rockets in action. 


China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
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China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)

Beijing slammed on Wednesday countries including Japan and Australia for their "irresponsible" criticism of China's military drills in waters around Taiwan.

China launched missiles and deployed dozens of fighter jets, navy ships and coastguard vessels around the island on Monday and Tuesday in live-fire drills.

There has been a chorus of international criticism of China's drills, including from Japan, Australia and European countries.

Japan said Wednesday that China's exercises "increase tensions" across the Taiwan Strait, while Australia's foreign ministry condemned the "destabilizing" military drills.

The European Union on Tuesday said the military activity "endangers international peace and stability".

Beijing on Wednesday hit back at the remarks.

"These countries and institutions are turning a blind eye to the separatist forces in Taiwan attempting to achieve independence through military means," foreign ministry spokesman Lin Jian told reporters at a news briefing.

"Yet, they are making irresponsible criticisms of China's necessary and just actions to defend its national sovereignty and territorial integrity, distorting facts and confusing right and wrong, which is utterly hypocritical."

Lin said Beijing appreciated countries such as Russia, Pakistan and Venezuela expressing their support for China.

"We want to reiterate China's unwavering resolve for safeguarding national sovereignty, security and territorial integrity," he added.

"Any egregious provocative act that crosses the line on the Taiwan issue will be met with a firm counter from China."


Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
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Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

Iran on Wednesday appointed a new governor to the central bank after the former one resigned following a record currency fall against the US dollar that sparked large protests.

The plummeting of the rial, Iran's currency, sparked the largest protests in the country in three years, with rallies that began Sunday and continued until Tuesday.

A report by the official IRNA news agency said President Masoud Pezeshkian’s Cabinet appointed Abdolnasser Hemmati, a former economics minister, as new governor of the Central Bank of Iran. He replaces Mohammad Reza Farzin, who resigned on Monday.

Experts say a 40% inflation rate led to public discontent. The US dollar traded at 1.38 million rials on Wednesday, compared to 430,000 when Farzin took office in 2022.

Many traders and shopkeepers closed their businesses and took to the streets of Tehran and other cities to protest.

The new governor's agenda will included a focus on controlling inflation and strengthening the currency, as well as addressing the mismanagement of banks, the government’s spokeswoman Fatemeh Mohajerani wrote on X.

Hemmati, 68, previously served as minister of economic and financial affairs under Pezeshkian.

In March parliament dismissed Hemmati for alleged mismanagement and accusations his policies hurt the strength of Iran’s rial against hard currencies.

A combination of the currency's rapid depreciation and inflationary pressure has pushed up the prices of food and other daily necessities, adding to strain on household budgets already under pressure due to Western sanctions on Iran over its nuclear program.

Inflation is expected to worsen with a gasoline price change introduced in recent weeks.

Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that lifted international sanctions in exchange for tight controls on Iran’s nuclear program. That deal unraveled after President Donald Trump unilaterally withdrew the United States from it in 2018, during his first term.