Trump Announces Three-Day Ukraine-Russia Ceasefire (May 9-11)
President Trump announced a three-day ceasefire between Russia and Ukraine starting May 9 to mark the 81st anniversary of Victory Day. Both Russian and Ukrainian leaders confirmed the agreement, which includes a prisoner exchange.
Ceasefire Details
Donald Trump announced a three-day ceasefire in the war between Russia and Ukraine, with the truce running from May 9 until May 11 to mark the end of World War Two for the Russians.
Confirmations
Kremlin aide Yuri Ushakov and Ukrainian President Volodymyr Zelenskyy confirmed the three-day ceasefire, which will involve an exchange of 1000 prisoners of war with each other.
Military Restraint
President Zelenskyy has also ordered the Ukrainian army not to attack Moscow's Red Square during the WWII victory day parade on May 9.
Market Response
The Moscow Exchange index rose sharply after the US president announced the three-day ceasefire from May 9 to 11.