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Trump Pressures Putin for Ukraine Ceasefire Amid Economic Woes

7/30/2025

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Summary

Story summary

President Donald Trump has challenged Vladimir Putin to agree to a ceasefire in Ukraine, warning of tariffs if he fails to comply. Meanwhile, the IMF has slashed Russia's 2025 economic growth forecast to a mere 0.9%, highlighting a troubling decline in retail sales and industrial output, fueling fears of an impending recession.

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Story summary

President Donald Trump has challenged Vladimir Putin to agree to a ceasefire in Ukraine, warning of tariffs if he fails to comply. Meanwhile, the IMF has slashed Russia's 2025 economic growth forecast to a mere 0.9%, highlighting a troubling decline in retail sales and industrial output, fueling fears of an impending recession.