Trump says Ukraine needs new president who will agree to end war
US President Donald Trump on Saturday urged Ukraine to replace Volodymyr Zelensky with a new leader, criticising him over strikes on Russian oil refineries that have contributed to high diesel prices ahead of the US midterm elections.
Trump told reporters at the White House that he had told Zelensky to "do what you want" against Russia, but "don't hit refineries". "He better damn well stop," Trump said, adding that he believes "it's time for Ukraine to get a new president" who would agree to e.
Former US Ambassador to Ukraine William Taylor, a distinguished fellow at the Atlantic Council's Eurasia Center, tells Bloomberg This Weekend that President Donald Trump's Russian diesel agreement could provide Moscow with additional revenue to prolong its war in Ukraine while undermining economic sanctions. Speaking with hosts David Gura and Christina Ruffini, Taylor says European allies are increasing their support for Kyiv and argues that Ukraine needs greater access to military technology, i.
⚡ Effects Interpreter
🌍World Economy
- ▶Global commerce often shrugs off slight shocks, but keeps one eye open.
- ▶Economies far from the headline can still catch the aftershocks.
🏙️Local Economy
- ▶High street footfall and spending can shift subtly after a story like this.
- ▶Family budgets close to home might absorb a slight, slow-moving effect.
🏦Rates & Banks
- ▶A modest drift in borrowing costs is more plausible than a sharp jump.
- ▶Borrowing plans are usually safe from sudden shocks over something like this.
❤️Health
- ▶A short walk or a chat with a friend can do wonders when headlines feel heavy.
- ▶Taking a break from the headlines can do more good than scrolling on.
💷Wealth
- ▶Your overall wealth picture is unlikely to be defined by a single story like this.
- ▶A quiet review of where your savings sit rarely does any harm.
🏠Housing
- ▶Any effect on bricks and mortar is likely to be slow and modest.
- ▶Surveyors and valuers tend to factor in wider trends gradually, not overnight.