US will 'Walk Away' Unless Russia, Ukraine Agree Deal, Says Vance

A Ukrainian armoured vehicle in a village near the front line in the Dnipropetrovsk region - AFP
A Ukrainian armoured vehicle in a village near the front line in the Dnipropetrovsk region - AFP
TT

US will 'Walk Away' Unless Russia, Ukraine Agree Deal, Says Vance

A Ukrainian armoured vehicle in a village near the front line in the Dnipropetrovsk region - AFP
A Ukrainian armoured vehicle in a village near the front line in the Dnipropetrovsk region - AFP

Vice President JD Vance warned Wednesday that the United States would "walk away" unless Russia and Ukraine agree a peace deal, as envoys from Washington, Kyiv and European nations gathered for downgraded talks in Britain.

"We've issued a very explicit proposal to both the Russians and the Ukrainians, and it's time for them to either say 'yes', or for the United States to walk away from this process," Vance told reporters in India.

US media reported that President Donald Trump was ready to accept recognition of annexed land in Crimea as Russian territory, and Vance said land swaps would be fundamental to any deal, AFP reported.

"That means the Ukrainians and the Russians are both going to have to give up some of the territory they currently own," he added.
The reports said the proposal was first raised at a meeting with European nations in Paris last week.

The latest round of diplomacy comes amid a fresh wave of Russian air strikes that shattered a brief Easter truce.

A Russian drone strike on a bus transporting workers in the southeastern city of Marganets killed nine people and wounded at least 30 more, the Dnipropetrovsk regional governor said Wednesday.

Ukrainian authorities also reported strikes in the regions of Kyiv, Kharkiv, Poltava and Odesa.

In Russia, one person was reported wounded by shelling in the Belgorod region.

UK Foreign Secretary David Lammy had been due to lead a meeting of foreign ministers in London on Wednesday, but his ministry said the talks had been downgraded, a sign of the difficulties surrounding the negotiations.

"The Ukraine Peace Talks meeting with Foreign Ministers today is being postponed. Official-level talks will continue," the Foreign Office said.

Kremlin spokesman Dmitry Peskov told reporters that "as far as we understand, it has not yet been possible to reconcile positions on any issues, which is why this meeting did not take place".

US Ukraine envoy Keith Kellogg is still expected to attend, along with Emmanuel Bonne, diplomatic adviser to French President Emmanuel Macron.

Andriy Yermak, a top aide to Ukrainian President Volodymyr Zelensky, said he had arrived in London with Defense Minister Rustem Umerov and Foreign Minister Andriy Sybiga, who is "likely" to meet Lammy.

"Despite everything, we will work for peace," Yermak wrote on Telegram.

A Ukraine presidency source later told AFP that the delegation would meet with Kellogg, and that "there will be more meetings with Europeans, different meetings".

US presidential envoy Steve Witkoff is to visit Moscow this week.

According to The Financial Times, President Vladimir Putin told Witkoff he was prepared to halt the invasion and freeze the current front line if Russia's sovereignty over the Crimean Peninsula, annexed in 2014, was recognized.

Peskov responded by saying that "a lot of fakes are being published at the moment", according to the RIA Novosti news agency.

Zelensky said Tuesday that his country would be ready for direct talks with Russia only after a ceasefire, though the Kremlin has said it cannot rush into a ceasefire deal.

Trump promised on the campaign trail to strike a deal between Moscow and Kyiv in 24 hours but has since failed to secure concessions from Putin to halt his troops in Ukraine.

He said at the weekend he hoped an agreement could be struck "this week".

Secretary of State Marco Rubio said he had presented a US plan to end the war and discussed it with Russian counterpart Sergei Lavrov during a phone conversation after the Paris meeting last week.

Both Rubio and Trump have warned since that the United States could walk away from peace talks unless it saw quick progress.

Trump "wants to see this war end... and he has grown frustrated with both sides of this war, and he's made that very known", his spokeswoman Karoline Leavitt said Tuesday.

Rubio had said in Paris he would go to London if he thought his attendance could be useful.

But Lammy wrote on X late Tuesday that he had instead had a "productive call" with Rubio.

Trump proposed an unconditional ceasefire in March, the principle of which was accepted by Kyiv but rejected by Putin.

The White House welcomed a separate agreement by both sides to halt attacks on energy infrastructure for 30 days, but the Kremlin has said it considers that moratorium to have expired.



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)
TT

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)
TT

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
TT

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.