Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Putin's Easter ceasefire gimmick bodes ill for Trump's peace deal

Mint Kolkata

|

April 22, 2025

The bald man has not moved for more than three years.

She arrived to take on a cargo of sunflower oil on the day before Russia's full-scale invasion of Ukraine in February 2022 and, along with 28 other foreign-owned vessels, has been trapped in the port of Mykolaiv, some 60km from the front line, ever since.

The ship's fate shows the difficulty of doing business with Vladimir Putin. President Donald Trump wants a quick end to the "horrible" Ukraine war. But Mr Putin prefers conflict. On March 25th American officials announced that they had secured what was interpreted to be a ceasefire in the Black Sea. But, as fighting continues, talk of that has sunk without trace. Indeed, Mr Trump's entire peace push is listing fast. On April 18th he said he would "take a pass" if there was no progress soon.

Russia's promised 30-hour ceasefire for Easter, which took effect at 6pm on April 19th, has been violated dozens of times along the front lines, according to Ukraine's president, Volodymyr Zelensky, although aerial attacks do seem to have lessened.

The Easter gimmick should have come as no surprise. Mr Putin has recent form, in the Black Sea. The White House said last month that both sides had agreed to ensure safe navigation and eliminate the use of force in the Black Sea. But Russian officials then said there would be a maritime ceasefire only after their country had received relief from some sanctions. Ukraine in turn demanded that Russian naval vessels stay out of the western part of the sea. The result has left Ukrainian officials baffled. No Ukrainian port facilities have been hit since then but attacks on the cities in which they are located have continued.

MORE STORIES FROM Mint Kolkata

Mint Kolkata

Mint Kolkata

How EVs came to dominate 3-W market

Of the 1.1 million three-wheelers sold in India this calender year (as of 24 November), more than 687,000, or about 60%, were electric vehicles (EVs), compared with a measly 4.1% for cars and 6.2% for two-wheelers, government data showed.

time to read

2 mins

November 26, 2025

Mint Kolkata

Mint Kolkata

1st privately built PSLV near lift-off

India's first privately built polar satellite launch vehicle (PSLV) is expected to have its maiden commercial flight before the end of the financial year, marking a giant leap in the country’s ambition to foster a private space economy.

time to read

1 min

November 26, 2025

Mint Kolkata

Mint Kolkata

Fed chair Powell's allies provide opening for December rate cut

A divided committee, missing data and a whiff of stagflation leave Powell with hard choices

time to read

4 mins

November 26, 2025

Mint Kolkata

Mint Kolkata

THE REAL TAX MATH AND LEGAL PITFALLS OF CHOOSING TO WORK AS A CONSULTANT

Many employees believe they will be financially better off working as consultants than staying on payroll, due to perceived tax savings. But how accurate is this belief, and what risks arise if an employee is reclassified as a consultant?

time to read

3 mins

November 26, 2025

Mint Kolkata

Mint Kolkata

Tata Motors PV brings back Sierra to rival Creta, Vitara

Firm revives the iconic model after 22 years to push into the crowded mid-size SUV market

time to read

2 mins

November 26, 2025

Mint Kolkata

Mint Kolkata

Sovereign Al takes off as countries try to avoid overdependence on superpowers

As China and the U.S. race to dominate artificial intelligence, countries are increasingly wary of becoming overly dependent on the superpowers for a technology that could profoundly affect their economic competitiveness and national security.

time to read

1 mins

November 26, 2025

Mint Kolkata

Mint Kolkata

TechM lags peers but sticks to its turnaround timeline

Co. expects revenue growth to rise as macroeconomic conditions improve by March 2027

time to read

3 mins

November 26, 2025

Mint Kolkata

Mint Kolkata

Wipro to enter pet foods with ‘HappyFur’

Wipro Consumer Care and Lighting, the consumer venture of Wipro Enterprises, is set to enter India’s fast-growing pet food market with a new brand, ‘HappyFur’, said three people aware of the plan.

time to read

2 mins

November 26, 2025

Mint Kolkata

PPFAS’s new fund to run like an index fund, with an edge

Fund will use futures market discounts, merger opportunities and index-rebalancing tactics

time to read

3 mins

November 26, 2025

Mint Kolkata

Al nostalgia has a new generation loving the 1980s

The baffling popularity of Al-generated 80's videos and other news this week

time to read

1 min

November 26, 2025

Listen

Translate

Share

-
+

Change font size