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Kyiv Rejects Pressure to Surrender More Donbas Territory

  The Ukrainian delegation on the first day of the third round of the trilateral talks (with the US and Russia) in Geneva. Ukraine has firmly dismissed suggestions that it should concede additional territory in the Donbas region, despite reported pressure from the United States to consider territorial compromises as part of potential negotiations with Russia. Ukrainian officials reiterated that any settlement requiring the country to relinquish more land is unacceptable and incompatible with the principles of sovereignty and international law. Kyiv maintains that yielding territory would reward aggression and undermine long‑term security not only for Ukraine but for Europe as a whole. Ukrainian leaders argue that Russia’s continued military operations demonstrate that concessions would not bring peace, only encourage further demands. The U.S. has not publicly confirmed any push for territorial compromise, though some American officials have reportedly floated negotiation scenari...

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US holiday retail sales grow 3.1%, down from prior year -Mastercard



US retail sales rose 3.1% between Nov. 1 and Dec. 24, rounding up a majority of the holiday sales for retailers, as shoppers looked for last-minute Christmas deals amid big promotions, a Mastercard report showed on Tuesday.

The increase is lower than the 3.7% growth Mastercard forecast in September, and has slumped from last year’s 7.6% as higher interest rates and inflation pressured consumer spending. Sales in the apparel and restaurant categories rose 2.4% and 7.8%, respectively, during the holiday shopping period, according to the Mastercard Spending Pulse report, while sales of electronics fell 0.4%.

Ecommerce sales grew at a slower pace of 6.3% from last year’s 10.6% as the popularity of online shopping came off pandemic highs, the report showed.

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