Constant Méheut

Hungary said that it would block both the latest sanctions package on Russia and a financial aid package to Kyiv worth about $106 billion.

Vladyslav Vlasiuk has spent the past four years pressing Western allies to squeeze the Russian economy through more sanctions. He hopes that 2026 will be the tipping point.

The talks in Geneva, Switzerland, were expected to focus on Ukrainian-held territory in the east that Russia wants to control as the price of peace. Kyiv has said that demand is a nonstarter.

Both sides described previous U.S.-mediated negotiations as productive, although they did not appear to address sticking points like territory and security guarantees.

Russian troops have advanced at a glacial pace in recent months, but gains in southern and eastern Ukraine could give Moscow an edge in U.S.-mediated peace talks.

The Ukrainian leader’s speech in Davos, Switzerland, was one of his most scathing critiques of his closest allies.

The world’s largest asset manager has been enlisted to help build Ukraine’s recovery plan. Some fear it is part of a Trump administration effort to steer the effort toward American business interests.

Russia has targeted Ukraine’s energy infrastructure in past winters, but this year intensified its attacks as temperatures in Ukraine plunged well below freezing.

Ronald S. Lauder, a billionaire friend of Mr. Trump, is among the investors. The move comes as the Trump administration looks for investment opportunities in Ukraine.

The Ukrainian leader is reshuffling his cabinet as a corruption scandal reshapes the political landscape at a pivotal point in peace negotiations.

The Zaporizhzhia plant, occupied by Russia, would be crucial to powering Ukraine’s postwar recovery.

Off the battlefield, each side is trying to influence the American leader’s perception as they look to negotiate a peace settlement in their favor.

Though discussions produced little tangible progress, President Volodymyr Zelensky of Ukraine at least avoided the type of setbacks that have blighted earlier meetings.

The blueprint covers a broad range of issues, including territory, security guarantees and postwar reconstruction. But Russia has indicated little willingness to end the war.

The offer was the closest Mr. Zelensky has come to addressing the thorny territorial disputes in Donetsk that have repeatedly derailed peace talks.

The Ukrainian leader cited progress on security guarantees, even as Russia bombed Ukraine overnight, indicating that it is prepared to continue fighting.

The loan will cover two-thirds of the country’s financial needs for the next two years. It also bolsters Ukraine’s position in ongoing peace talks.

Looking to shake off Moscow’s cultural influences, Kyiv has been seeking to highlight the Ukrainian roots of Kazimir Malevich, a renowned avant-garde painter.