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Real-time News
On December 14th, according to a report by Ukraines Interfax news agency, Ukrainian President Volodymyr Zelenskyy stated that the US demand for a unilateral withdrawal of Ukrainian troops from eastern Ukraine and the establishment of a "free economic zone" there is "unfair," and Ukraine needs to realistically view the peace process. Zelenskyy told the media that according to the USs "compromise plan," Russian troops would not be allowed to enter parts of eastern Ukraine, while Ukrainian troops would withdraw from these areas and establish a "free economic zone." "I think this is unfair because there is no stipulation on who will manage the economic zone," Zelenskyy said. He added that if Ukrainian troops withdraw, Russian troops should also withdraw, a problem that currently "has no answer, but is very sensitive and thorny." If a "buffer zone" is established along the military contact line, with only police deployed to maintain order, and troops withdrawn, "then the problem becomes very simple."December 14 - According to the Japan Meteorological Agency, a magnitude 4.9 earthquake struck off the coast of the Noto Peninsula, Japan, at approximately 11:26 PM local time on December 14, with a depth of 10 kilometers. There is no risk of a tsunami.On December 14th, the Financial Times analysis pointed out that given ECB President Christine Lagardes view that the bank is in "good shape," investors unanimously expect the ECB to keep its benchmark interest rate unchanged at 2% next week, instead focusing on its economic forecasts. Lagarde stated this week that ratemakers may again raise their growth forecasts for the Eurozone at their meeting. These stronger growth forecasts, along with persistent inflation, have recently led traders to increase their bets on an ECB rate hike next year. However, as the potential shift in monetary policy direction remains controversial, and this change has only recently been reflected in swap market pricing, traders will pay particular attention to clues about the timing of rate hikes; any adjustments to policy signals are expected to be subtle. George Moran, a Eurozone economist at RBC Capital Markets, said he expects the ECB not to raise rates in 2026 because "cyclical tailwinds are likely temporary." He added that the ECB has "made it clear that it does not want to overreact to temporary deviations from its targets."On December 14th, according to the Ukrainian National News Agency, Ukrainian President Volodymyr Zelenskyy told the media that he had informed members of the Verkhovna Rada (parliament) to prepare contingency plans for a possible election soon. Zelenskyy said, "Most importantly, I will not cling to the presidency. I believe Ukraine should be prepared for any changes." He said he had asked partners for help in resolving election security issues, and he had also informed Verkhovna Rada members to prepare contingency plans for a possible election soon. Zelenskyy said he had received "signals" from the United States and President Trump regarding the Ukrainian presidential election, adding, "Whether these signals come only from the United States or also from Russia, I do not want to comment at this time."The Russian Ministry of Defense stated that it shot down 40 Ukrainian drones in several regions of Russia.
