On completion of the first week of Ukraine invasion, Russia seized the southern city of Kherson - the first major city to fall to Russian forces. Kherson mayor Ihor Kolykhaiev said the Ukrainian military is no longer present in the city, and residents must now carry out the instructions of "armed people who came to the city's administration." A second round of ceasefire talks between Ukraine and Russia is scheduled to be held at the Belarus-Poland border Thursday.
"On our way to negotiations with the Russian Federation. Already in helicopters," presidential advisor Mykhailo Podolyak said on Twitter.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.