Trump says Ukraine needs new president who will agree to end war
Source: France 24 ↗ (cross-verified by 2 outlets — full list below)
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 Economymedium impact
What this means for you
- ▶Global commerce often shrugs off slight shocks, but keeps one eye open.
- ▶Economies far from the headline can still catch the aftershocks.
🏙️Local Economylow impact
What this means for you
- ▶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 & Bankslow impact
What this means for you
- ▶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.
❤️Healthmedium impact
What this means for you
- ▶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.
💷Wealthlow impact
What this means for you
- ▶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.
🏠Housinglow impact
What this means for you
- ▶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.
🌍 Effects for your country
The U.S.'s central bank rate currently stands at 3.75%, so a global rates move like this could feed through to local borrowing costs. The U.S.'s economy is growing at 2.3% with inflation at 3.2%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track the U.S.'s own central bank rate closely. With the U.S.'s unemployment at 4.4%, personal-finance effects like this land on a labour market that is currently fairly stable. Health-system effects are harder to localise from economic indicators alone — the real impact in the U.S. depends more on local healthcare capacity than the figures above.
The UK's central bank rate currently stands at 3.75%, so a global rates move like this could feed through to local borrowing costs. The UK's economy is growing at 0.8% with inflation at 3.2%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track the UK's own central bank rate closely. With the UK's unemployment at 5.6%, personal-finance effects like this land on a labour market that is currently fairly stable. Health-system effects are harder to localise from economic indicators alone — the real impact in the UK depends more on local healthcare capacity than the figures above.
France's central bank rate currently stands at 2%, so a global rates move like this could feed through to local borrowing costs. France's economy is growing at 0.9% with inflation at 1.8%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track France's own central bank rate closely. With France's unemployment at 7.9%, personal-finance effects like this land on a labour market that is already under strain. Health-system effects are harder to localise from economic indicators alone — the real impact in France depends more on local healthcare capacity than the figures above.
Romania's central bank rate currently stands at 6.5%, so a global rates move like this could feed through to local borrowing costs. Romania's economy is growing at 0.7% with inflation at 7.8%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track Romania's own central bank rate closely. With Romania's unemployment at 6%, personal-finance effects like this land on a labour market that is currently fairly stable. Health-system effects are harder to localise from economic indicators alone — the real impact in Romania depends more on local healthcare capacity than the figures above.
The UAE's central bank rate currently stands at 3.65%, so a global rates move like this could feed through to local borrowing costs. The UAE's economy is growing at 3.1% with inflation at 2.5%, the backdrop this story's effects play out against locally. Housing-market effects like this are usually felt most where mortgage rates track the UAE's own central bank rate closely. Health-system effects are harder to localise from economic indicators alone — the real impact in the UAE depends more on local healthcare capacity than the figures above.