October 16, 2025
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7:13Now PlayingNadia Calvino, European Investment Bank president, said the institution is in a good position to help European Union members finance boosting their defense capabilities, including critical infrastructure and drone manufacturing.
US President Donald Trump said he would meet Russian President Vladimir Putin in Hungary at a yet-to-be determined date to try and end the war in Ukraine.
Trump and Putin agreed to the meeting during a two-hour phone call on Thursday. The US and Russia will hold high-level staff talks next week, followed by a leaders summit in Budapest “to see if we can bring this ‘inglorious’ War, between Russia and Ukraine, to an end,” Trump posted on social media.
“I believe great progress was made with today’s telephone conversation,” Trump added.
Secretary of State Marco Rubio will represent the US at the initial round of talks, and a location has not yet been decided, Trump said. The leaders discussed US-Russia trade that was possible if the war ends, according to Trump.
The conversation took place a day before Trump’s White House meeting with Ukrainian President Volodymyr Zelenskiy, who has pressed the US president to sell his country long-range Tomahawk missiles that can strike deeper into Russian territory.
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