Russia wants to end Ukraine war soon through diplomacy: Vladimir Putin

News Network
December 23, 2022

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Russia’s President Vladimir Putin says Moscow is after a potential diplomatic settlement of the war in Ukraine.

Putin told reporters on Thursday Russia wanted an end to all armed conflicts through diplomacy. “Our goal is not to spin the flywheel of military conflict, but, on the contrary, to end this war,” the president said. “We will strive for an end to this, and the sooner the better, of course.”

“I have said many times: the intensification of hostilities leads to unjustified losses.”

“All armed conflicts end one way or another with some kind of negotiations on the diplomatic track,” Putin said.

“Sooner or later, any parties in a state of conflict sit down and make an agreement. The sooner this realization comes to those who oppose us, the better. We have never given up on this.”

Senior Russian officials have persistently said Moscow is open to negotiations. To Russia, it is Ukraine that is refusing to talk.

The Russian president made the remarks a day after Ukrainian President Volodymyr Zelenskiy visited the White House.

During a lightning trip to Washington on Wednesday, Zelensky met with President Joe Biden and addressed Congress, urging the White House to supply Ukraine with “more weapons” in its 10-month-long war with Russia.

Putin also played down the significance of the Patriot air defense system Biden agreed to supply to Zelenskiy, saying Russia would find a way to counter it. The president said it was “quite old” and did not work like Russia's S-300 system. “OK, we will take this into account and an antidote will always be found.”

“Those who are confronting us say this is a defensive weapon... there will always be an antidote. So the people who are doing this are doing it in vain. It's just prolonging the conflict, that's all,” Putin told reporters.

At a press conference on Thursday, the Kremlin spokesman Dmitry Peskov said the Ukrainian president and his American counterpart were turning a deaf ear to “Russia’s concerns.”

Regarding Moscow's conditions in the peace talks, Russian diplomats say demilitarization of the Donetsk and Lugansk Republics in eastern Ukraine, collectively known as Donbas, is among the main conditions Moscow has stated to end the war. The two regions broke away from Ukraine in 2014 after refusing to recognize a Western-backed Ukrainian government that had overthrown a democratically-elected Russia-friendly administration.

Russia says it is not after occupying Ukraine. Moscow has blamed the war on US and NATO intervention that left Russia no other way but to take military action.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 15,2024

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Union minister Amit Shah on Friday, November 15, said PM Narendra Modi will amend the Waqf Act despite opposition from leaders like Uddhav Thackeray and Sharad Pawar.

"Modi ji wants to change the Waqf Board law, but Uddhav ji, Sharad Pawar and Supriya Sule are opposing it," Shah said, addressing a rally at Umarkhed in Maharashtra's Yavatmal district.

"Uddhav ji, listen carefully, you all can protest as much as you want, but Modi ji will amend the Waqf Act," he said. Shah said there are two camps in the November 20 Maharashtra assembly polls, one of 'Pandavas' represented by the BJP-led Mahayuti and the other of 'Kauravas' represented by Maha Vikas Aghadi.

"Uddhav Thackeray claims that his Shiv Sena is the real one. Can the real Shiv Sena go against renaming Aurangabad to Sambhajinagar? Can the real Shiv Sena go against renaming Ahmednagar to Ahilyanagar? The real Shiv Sena stands with the BJP," Shah said.

"Rahul Baba used to say that his government would credit money in the accounts of the people instantly. You were unable to fulfil your promises in Himachal, Karnataka, and Telangana," he said.

Shah said the Mahayuti alliance has promised that women will get Rs 2,100 per month under the Ladki Bahin Yojana. "Kashmir is an integral part of India and no power in the world can snatch it away from us," Shah said.

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News Network
November 11,2024

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Udupi, Nov 11: The Karkala town police in Udupi have arrested Krishna Naik, the sculptor responsible for installing a 33-foot Parashurama statue at Umikkal Hill in Bailur, Karkala taluk. 

Naik, the owner of Krish Art World and a resident of Bengaluru's Visvesvaraya Layout, was apprehended in Mahe, part of the Union Territory of Puducherry, for allegedly substituting a look-alike statue in place of a genuine bronze figure at the Parashurama Theme Park in Karkala.

Udupi Superintendent of Police Dr. Arun K confirmed the arrest, stating that Naik faces charges under Sections 420 (cheating) and 409 (criminal breach of trust) of the Indian Penal Code. 

This legal action followed a complaint lodged in June by Krishna Shetty, a resident of Nallur village, Karkala. Shetty claimed that Naik had received a payment of ₹1,25,50,000 from Udupi Nirmithi Kendra for the installation of a bronze Parashurama statue. However, Naik allegedly deceived the government by installing a replica instead.

The statue was unveiled on January 27, 2023, by then Chief Minister Basavaraj Bommai. Current Chief Minister Siddaramaiah has since ordered a CID investigation to probe deeper into the alleged fraud surrounding the statue's installation at the theme park.

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