World
Biden, Zelenskiy inch toward NATO with 10-year defense agreement
Under the agreement, the United States restates its support for Ukraine’s defense of its sovereignty and territorial integrity, amid a renewed push by Russia on Ukraine’s eastern front.
U.S. President Joe Biden and Ukraine President Volodymyr Zelenskiy signed a 10-year bilateral security agreement on Thursday aimed at bolstering Ukraine's defense against Russian invaders and getting Ukraine closer to NATO membership, Reuters reported.
The deal, signed on the sidelines of the G7 summit in Italy, aims to commit future U.S. administrations to support Ukraine, even if former President Donald Trump wins November’s election, officials said.
"Our goal is to strengthen Ukraine's credible defense and deterrence capabilities for the long term," Biden said at a joint news conference with Zelenskiy.
He said the G7's message to Russian President Vladimir Putin is "You cannot wait us out. You cannot divide us." The group of rich nations also agreed to a $50 billion loan for Ukraine backed by profits from frozen Russian assets.
The U.S.-Ukraine security deal is a framework for a long-term effort to help develop Ukraine’s outdated armed forces and serve as a step towards Ukraine's eventual NATO membership, according to the text.
The Ukraine president called the agreement historic, saying it is a bridge toward his country's eventual NATO membership. "This is an agreement on security and thus on the protection of human life," he said.
Zelenskiy has long sought NATO membership but the allies have stopped short of taking that step. The Western alliance regards any attack launched on one of its 32 members as an attack on all under its Article Five clause, read the report.
In the event of an armed attack or threat of such against Ukraine, top U.S. and Ukrainian officials will meet within 24 hours to consult on a response and determine what additional defense needs are required for Ukraine, the agreement says.
Under the agreement, the United States restates its support for Ukraine's defense of its sovereignty and territorial integrity, amid a renewed push by Russia on Ukraine's eastern front.
It also outlines plans to develop Ukraine's own defense industry and expand its military.
Ukraine needs a "significant" military force and sustained investments in its defense industrial base consistent with NATO standards, the text says.
It will allow the two countries to share intelligence, hold training and military education programs and combined military and exercises.
With Trump leading Biden in many election polls, the future of the agreement remains unclear.
Trump has expressed skepticism of Ukraine’s continued fight, saying at one point that he would end the conflict in his first day in office. Trump has also pushed for Europe to take on more of the burden of supporting Kyiv, Reuters reported.
Zelenskiy, asked about what could happen for his country if there is a change in leadership in the United States and in other allied nations, said people stood with Ukraine because they have shared values and empathize with the Ukrainian people.
He said he does not think that popular support will change.
“If the people are with us, any leader will be with us in this struggle for freedom,” he said.
Biden recently shifted his policy against allowing Ukraine to use American weapons for attacks inside Russia, permitting Kyiv to fire long-range U.S. missiles against Russian targets near the embattled Ukrainian city of Kharkiv.
At the news conference, Biden made clear he would not permit Ukraine to expand its use of U.S. missiles inside Russia.
"It makes a lot of sense for Ukraine to be able to take out or combat what is going across that border. In terms of long range weapons ... we have not changed our position on that," Biden said.
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World
Zelenskiy says Ukraine must try to ensure war ends next year through diplomacy
President Volodymyr Zelenskiy has said Ukraine must do all it can to ensure the war with Russia ends next year through diplomacy.
In a radio interview aired on Saturday, Zelenskiy conceded that the battlefield situation in eastern Ukraine was difficult and Russia was making advances. He said his Russian counterpart Vladimir Putin was not interested in agreeing to a peace deal.
Zelenskiy said U.S. legislation prevented him from meeting President-elect Donald Trump before his inauguration next January. The Ukrainian leader said he would only talk with Trump himself rather than any emissary or advisor.
"I, as the president of Ukraine, will only take seriously a conversation with the president of the United States of America, with all due respect to any entourage, to any people."
"From our side, we must do everything so that this war ends next year, ends through diplomatic means," Zelenskiy said.
World
Sri Lankan president’s coalition wins majority in general election
Sri Lankans handed Anura Kumara Dissanayake a thumping win in a snap general election, giving its new leftist president greater legislative power to pursue policies to alleviate poverty and fight graft as the country recovers from a financial meltdown.
Dissanayake, a political outsider in a country dominated by family parties for decades, comfortably won the island’s presidential election in September, Reuters reported.
But his Marxist-leaning coalition, the National People’s Power (NPP), had just three of parliament’s 225 seats before Thursday’s election, prompting him to dissolve it and seek a fresh mandate.
The NPP won 107 seats, receiving almost 62% or 6.8 million votes in Thursday’s election, putting them past the majority mark in the parliament, latest results on the Election Commission of Sri Lanka’s website showed. A two-third majority appeared within reach of the coalition.
Voters directly elect 196 members to parliament from 22 constituencies under a proportional representation system. The remaining 29 seats will be allocated according to the island-wide proportional vote obtained by each party.
“We see this as a critical turning point for Sri Lanka. We expect a mandate to form a strong parliament, and we are confident the people will give us this mandate,” Dissanayake said after casting his vote on Thursday.
“There is a change in Sri Lanka’s political culture that started in September, which must continue.”
Celebrations were largely muted, with the exception of a few NPP loyalists who lit fireworks in the outskirts of the capital, Colombo.
Just over 17 million Sri Lankans were eligible to elect lawmakers for a five-year term. A record 690 political parties and independent groups were contesting across 22 electoral districts.
Samagi Jana Balawegaya party of opposition leader Sajith Premadasa, the main challenger to Dissanayake’s coalition, won 28 seats and about 18% of the votes polled. The New Democratic Front, backed by previous President Ranil Wickremesinghe, won just three seats.
TENTATIVE ECONOMIC RECOVERY
Sri Lanka typically backs the president’s party in general elections, especially if voting is held soon after a presidential vote.
The president wields executive power but Dissanayake still requires a parliamentary majority to appoint a fully-fledged cabinet and deliver on key promises to cut taxes, support local businesses, and fight poverty.
He also has plans to abolish Sri Lanka’s contentious executive presidency but requires a two-third majority in parliament to implement it.
A nation of 22 million, Sri Lanka was crushed by a 2022 economic crisis triggered by a severe shortage of foreign currency that pushed it into a sovereign default and caused its economy to shrink by 7.3% in 2022 and 2.3% last year.
Boosted by a $2.9 billion bailout programme from the International Monetary Fund (IMF), the economy has begun a tentative recovery, but the high cost of living is still a critical issue for many, especially the poor.
Dissanayake also aims to tweak targets set by the IMF to rein in income tax and free up funds to invest in welfare for the millions hit hardest by the crisis.
But investors worry his desire to revisit the terms of the IMF bailout could delay future disbursements, making it harder for Sri Lanka to hit a key primary surplus target of 2.3% of GDP in 2025 set by the IMF.
World
Biden is sending aid to help Ukraine keep fighting next year, Blinken says
NATO countries must focus their efforts on ensuring that Ukraine has the money, munitions and mobilized forces to fight effectively in 2025, Blinken said
The Biden administration is determined in its final months to help ensure that Ukraine can keep fighting off Russia’s full-scale invasion next year, sending it as much aid as possible so that it might hold Russian forces at bay and possess a strong hand in any potential peace negotiations, US Secretary of State Antony Blinken said Wednesday.
“President Biden has committed to making sure that every dollar we have at our disposal will be pushed out the door between now and Jan. 20,” when president-elect Donald Trump is due to be sworn in, Blinken said.
NATO countries must focus their efforts on “ensuring that Ukraine has the money, munitions and mobilized forces to fight effectively in 2025, or to be able to negotiate a peace from a position of strength,” Blinken said during a visit to Brussels.
The US will “adapt and adjust” with the latest equipment it is sending, Blinken said, without providing details.
The almost three-year war has shown no signs of winding down.
Russia attacked the Ukrainian capital Kyiv with a sophisticated combination of missiles and drones for the first time in 73 days on Wednesday.
That came a day after the Pentagon said most of the North Korean troops sent to help Moscow’s war effort are fighting to drive Ukraine’s army off Russian soil in the Kursk border region.
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