Business news from Ukraine

Business news from Ukraine

Saudi Arabia supports idea of organizing meeting between Trump and Putin

Saudi Arabia has supported the idea of holding a meeting between US President Donald Trump and Vladimir Putin on its territory and reaffirmed its ongoing efforts to achieve a lasting peace between Russia and Ukraine, the press service of the Saudi Foreign Ministry reported.

“The Kingdom of Saudi Arabia highly appreciates the telephone conversation held between US President Donald Trump and Russian President Vladimir Putin on February 12, as well as the announcement of the possibility of holding a summit between their esteemed two presidents in the Kingdom of Saudi Arabia,” the statement said.

The ministry added that the Kingdom welcomes the summit in Saudi Arabia and reaffirms its ongoing efforts to achieve a lasting peace between Russia and Ukraine.

It is noted that on March 3, 2022, Crown Prince and Prime Minister of the KSA Mohammed bin Salman bin Abdulaziz, during telephone conversations with Putin and Zelensky, “expressed the Kingdom’s readiness to provide its mediation services to achieve a political settlement of the crisis.”

“Over the past three years, the Kingdom has continued these efforts, in particular by organizing numerous meetings on this issue,” the Foreign Ministry added.

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Trump and Putin may meet in Saudi Arabia

U.S. President Donald Trump and Vladimir Putin are likely to meet for the first time in Saudi Arabia, Trump said on Wednesday in the Oval Office in front of the media.

“Trump and Putin will meet, probably meet for the first time in Saudi Arabia, he told us in the Oval Office,” a CBS News correspondent at the White House said on social media site X.

Earlier it was reported that Trump had a conversation with Putin on Wednesday and almost immediately afterwards Trump called Ukrainian President Volodymyr Zelenskyy.

Source: https://x.com/JenniferJJacobs/status/1889779512574964057

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Trump sends Treasury Secretary to Kyiv to meet with Zelenskiy

US President Donald Trump has confirmed that Treasury Secretary Scott Bessent will arrive in Ukraine.

“I am sending Treasury Secretary Scott Bessent to Ukraine to meet with President Zelensky. This war must and will end soon – too much death and destruction,” he wrote on Truth Social.

Earlier, Bloomberg reported that U.S. Treasury Secretary Scott Bessent intends to visit Ukraine this week as part of initial talks to secure U.S. access to critical minerals. Bessent may become the first member of US President Donald Trump’s team to visit Ukraine.

Earlier, the president said that his administration wants to conclude an agreement with Ukraine on access to resources in exchange for help in its defense against Russian invasion.

Ukraine’s President Volodymyr Zelenskiy told reporters in Kyiv earlier on Monday that he plans to meet with people from the Trump administration in Ukraine before the Munich Security Conference.

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Trump plans to strike $500 million deal with Zelensky on access to Ukrainian minerals

U.S. President Donald Trump said in an interview aboard Air Force One that he wants to strike a $500 million deal with Ukrainian President Volodymyr Zelensky on access to rare earth minerals and natural gas in Ukraine in exchange for security guarantees in any potential peace settlement, The New York Post reported Saturday.

According to the publication, also present on the plane was national security adviser Mike Waltz, addressing whom Trump said: “Let’s keep these meetings going. They want to meet. People are being killed every day. Young beautiful soldiers are being killed. Young men like my sons. On both sides. All over the battlefield.”

It is noted that Vice President Vance will meet with Ukrainian President Volodymyr Zelensky at the Munich Security Conference next week.

Trump said he spoke on the phone with Vladimir Putin in an attempt to negotiate an end to the war in Ukraine.

“I’d rather not talk,” Trump said when asked how many times the two leaders had spoken. But he believes Putin “cares” about killing on the battlefield.

https://interfax.com.ua/

 

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What will happen to maternity tourism in US

Having a baby in the United States has always attracted future parents from all over the world. In addition to the high level of medical services, this gives the child a unique opportunity to automatically become a US citizen, regardless of the status of their parents. But will the rules for granting citizenship change due to Donald Trump’s new executive order?

Donald Trump’s executive order to abolish birthright citizenship has sparked heated debate not only in America but around the world. This practice, known as jus soli (“right to the land”), has become the subject of litigation and political confrontation. How will this affect maternity tourism in the United States and the future of those who plan to give birth in America?

Citizenship issuance: what will change?

According to the decree, US government agencies must stop issuing citizenship to children born in the United States to parents who do not have legal status. However, this decree is unlikely to become law in the coming years. The granting of citizenship remains strictly regulated by the 14th Amendment to the US Constitution, which guarantees the right to citizenship to every person born in the country.

Judicial challenge to the decree

The order has been subject to widespread legal challenges. The attorneys general of 22 states have filed lawsuits challenging the unconstitutionality of the decision. And the Federal Court in Seattle has already blocked the order by imposing a temporary moratorium. The lawsuits argue that citizenship is a right guaranteed by the constitution, and even the president cannot cancel it with a single decree.

Maternity tourism: what will change for parents?

Even if the moratorium is in effect or the decree is blocked by the courts, the issuance of citizenship to children continues as usual. For many parents, the right to citizenship is the main reason for choosing to give birth in the United States. A US citizen child receives privileges in education, employment, and social security, and also opens up the possibility for parents to obtain the right to reside in the US in the future through family reunification.

Giving birth in the United States is attractive not only because of citizenship. The high level of medicine, modern equipment, and qualified doctors ensure comfort and safety for mother and child. Many people also appreciate the tropical climate and relaxed atmosphere, which contributes to easy recovery after childbirth.

Why choose AIST services?

  • Planning a birth abroad requires professional support. AIST offers a wide range of services, including a selection of doctors, clinics, accommodation and logistics. Highly qualified specialists who work with AIST provide an individual approach to each family, taking into account all wishes and budget.

Service packages include:

– Assistance in choosing a clinic and a doctor.

– Arranging accommodation and transfers.

– Legal support for the preparation of documents for the child.

– Childbirth and medical support during pregnancy.

The company’s clients note the high level of service and care. For example, one of the mothers notes: “The whole process, from the organization to the delivery itself, was as comfortable as possible. We felt safe, and the doctors are true professionals. Many thanks to the AIST team!”

Trump’s executive order and the future of maternity tourism

Despite attempts to change the citizenship policy, the likelihood of Trump’s decree being implemented is low due to strong opposition from the judiciary and the public. Court proceedings will drag on for years, and children born in the United States will continue to receive citizenship under the 14th Amendment.

Thus, there is no cause for concern for those planning to give birth in the United States. American citizenship remains a profitable investment in the child’s future, and the services of professionals such as AIST will help make this process as comfortable as possible

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Oil prices decline as market follows Trump’s tariffs and OPEC+ decisions

Oil prices remained in the red on Wednesday after the publication of the US Department of Energy’s weekly report on energy reserves in the country.

Commercial oil inventories in the US last week increased by 3.46 million barrels to 415.13 million barrels, the Energy Department reported. Gasoline stocks increased by 2.96 million barrels, distillate stocks decreased by 4.99 million barrels.

The cost of March futures for Brent on the London ICE Futures exchange as of 18:00 hours is $77.3 per barrel, which is $0.19 (0.25%) lower than at the close of the previous trading.

March futures for WTI during trading on the New York Mercantile Exchange (NYMEX) decreased in price by $0.36 (0.49%) to $73.41 per barrel.

Traders’ attention is still focused on the actions of US President Donald Trump, who intends to impose a 25 percent duty on imports from Canada, a major supplier of oil to the US market, starting February 1.

“The oil market continues to dance to the rhythm of Trump’s tariff orchestra, with the focus on the duties for Canada that will take effect this Saturday,” said Ole Hansen, who is responsible for commodity strategy at Saxo Bank.

Traders are also waiting for news from OPEC+. Kazakhstan’s Energy Minister Almasadam Satkaliyev said on Wednesday that a meeting at the level of OPEC+ representatives is planned in the near future to discuss, among other things, the US plans to increase oil production.

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