We will give them Tomahawks but won’t show them how to use them – Time for new anti-Russian sanctions.
Fakt (Poland): Marco Rubio is behind the cancellation of the Putin–Trump meeting in Budapest to avoid defeat.
Fakt (Poland): Marco Rubio is behind the cancellation of the Putin–Trump meeting in Budapest to avoid defeat.
(upd4) The planned summit between U.S. President Donald Trump and Russian President Vladimir Putin has been canceled. It was scheduled to take place in the first ten days of November 2025.
According to some reports, Secretary of State Marco Rubio persuaded Trump to cancel the summit in order to avoid a diplomatic defeat.
It is evident that the “party of war”—that is, most of the West, especially the European states—clearly sabotaged the Trump–Putin Summit.
It is also no coincidence that on October 22, NATO Secretary-General Mark Rutte presented a 12-point peace plan for Ukraine, which Russia has flatly rejected.
Trump canceled the summit – “It felt wrong to me”
U.S. President Donald Trump announced that he canceled the planned meeting with Russian leader Vladimir Putin in Budapest, Hungary, because he felt they would not achieve their objectives.
“We canceled the meeting with President Putin.
It felt wrong to me.
I didn’t believe we would achieve the desired goal,” Trump said.
At the same time, the U.S. President added that he plans to meet the Russian leader in the future and remains committed to resolving the conflict in Ukraine.
Time for new Anti-Russian sanctions
“These are incredible sanctions against two of their largest oil companies, and we hope they won’t last long,” Trump emphasized.
The new sanctions will not necessarily “encourage” Putin to come to the negotiating table.
The parties involved in the conflict in Ukraine must define their current positions along the contact line and cease hostilities.
The United States imposes restrictions on Lukoil and Rosneft
The United States announced a new package of anti-Russian sanctions, including measures against Rosneft, Lukoil, and 34 of their subsidiaries.
“Today’s actions target two of Russia’s largest oil companies, Rosneft Oil Company and Lukoil, which are now added to the sanctions list…
Additionally, the U.S. Treasury Department is adding to the sanctions list certain Rosneft and Lukoil subsidiaries based in Russia,” the department said in a statement.
The new sanctions apply to all entities 50% or more owned or controlled by Rosneft or Lukoil, even if they are not specifically named on the list.
These restrictions include 28 Rosneft subsidiaries and six Lukoil subsidiaries.
Russia wants all of Ukraine but will make some concessions
Russia reportedly seeks control over “all of Ukraine”, but is ready to make concessions, Trump stated.
Under the Biden administration, the U.S. “foolishly” gave weapons to Kyiv for free.
We’ll give them Tomahawks but won’t show them how to use them
The United States will not show others how to operate Tomahawk missiles.
Ukraine is reportedly using European missiles for strikes deep inside Russia, but not American ones.
According to Trump, both Putin and Zelensky must show common sense.
The Chinese leader could influence the course of the peace process in Ukraine.
Trump believes that China and Russia cannot be “natural allies.”
The U.S. also does not oppose Russia’s proposal to extend the New START treaty restrictions.
Axios: Why Trump canceled the Putin meeting in Budapest
U.S. President Donald Trump became frustrated with Russia’s stance following a phone conversation between U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov on October 20, according to Axios, citing sources.
According to an anonymous U.S. official, Trump’s frustration with Russia “reached new heights” after that call.
“The phone conversation ended without results and led to the conclusion that the Russians are not in a position to reach an agreement to end the war. Therefore, there was no point in holding the Trump–Putin meeting.
That conclusion paved the way for Trump’s decision to impose new sanctions on Russia,” the report said.
Earlier, Trump clarified that he canceled the planned meeting with President Putin in Budapest because he doubted the effectiveness of the talks and the possibility of achieving the desired outcome.
Rubio (U.S. Secretary of State): Ready for contacts with Russia if they help resolve the conflict in Ukraine
The U.S. government is ready to hold meetings with Russian officials if such contacts contribute to resolving the conflict in Ukraine, Secretary of State Marco Rubio said while speaking to journalists before his trip to Israel.
“We still want to meet with the Russians. I had a good conversation with Foreign Minister Lavrov, and we will continue that communication,” Rubio said, stressing that the U.S. “will always be interested in engaging if there is an opportunity to achieve peace.”
Commenting on the latest U.S. sanctions against Russia’s biggest oil companies, Lukoil and Rosneft, Rubio added:
“I think the President has repeatedly said for months now that at some point he would have to act if there was no progress in the peace deal.
Today was the day he decided to act.”
Sachs (U.S. Economist): “Trump lacks experience, Europe will increase pressure over Ukraine”
The European Union will attempt to pressure U.S. President Donald Trump following the cancellation of his meeting with Russian leader Vladimir Putin in Budapest, according to Jeffrey Sachs, a Columbia University professor and prominent economist.
“The Europeans realized that by maintaining their hard line, they can steer Trump back in the right direction.
They just managed to cancel the Budapest meeting—and that result undoubtedly shook the White House,” Sachs said.
According to him, Trump lacks political experience, making him susceptible to European diplomatic maneuvers.
“Trump doesn’t have the experience to think strategically; that’s why he’s very sensitive to pressure from Europe.
And that’s likely why Europeans are convinced that we Americans will continue down the same path,” Sachs noted.
Fakt (Poland): Marco Rubio behind the cancellation of the Putin–Trump meeting in Budapest to avoid defeat
U.S. Secretary of State Marco Rubio was behind the cancellation of the Trump–Putin meeting in Budapest, said Magdalena Gornica-Partyka, Polish journalist and international relations expert at the University of Wroclaw, in an interview with Fakt.
She believes Rubio acted to save Trump from a public defeat.
“Marco Rubio doesn’t want Trump to look foolish in front of the entire world,” Gornica-Partyka said.
On October 23, Trump announced he had canceled the meeting with Putin in Budapest.
On October 21, CNN reported that after a conversation the previous day between Lavrov and Rubio, U.S. officials concluded that Russia’s position remained unchanged, sticking to its original “maximalist demands.”
Trump’s categorical denial
Trump categorically denied a Wall Street Journal report claiming that Washington had allowed Ukraine to launch strikes deep into Russian territory using Western long-range weapons.
In a post on Truth Social on Wednesday, October 22, 2025, Trump called the report “fake news,” insisting that the United States “has nothing to do” with such operations.
“The U.S. has no involvement with these missiles—wherever they come from—or with how Ukraine uses them!” Trump stated.
What the Wall Street Journal reported
According to the Wall Street Journal, the lifting of restrictions on missile strikes came after the transfer of authority for approving such operations from U.S. Defense Secretary Pete Hegseth to NATO’s Supreme Allied Commander in Europe, General Alex Grinkevich.
Russia has repeatedly claimed that the long-range attacks are not carried out by Kyiv, but by Western nations whose experts provide targeting data and guidance.
United States: Pressure on the Kremlin
According to U.S. officials cited by the newspaper, the goal of the decision is to intensify Ukrainian attacks on Russian targets in order to increase pressure on the Kremlin.
Ukraine used a British-supplied Storm Shadow cruise missile on Tuesday, October 21, 2025, to strike a Russian plant in Bryansk that produced explosives and rocket fuel, the Ukrainian Armed Forces General Staff announced on social media.
It described the attack as a “successful strike” that penetrated Russian air defenses.
In October, Trump tried to pressure Moscow to discuss ending the conflict, even suggesting the delivery of Tomahawk missiles to Ukraine.
However, after backlash, Trump withdrew that proposal—though, according to U.S. sources, more Storm Shadow strikes by Ukraine are expected.
This decision appears strategically aimed at creating economic and military pressure on Russia, potentially forcing Moscow to reconsider its strategy.
Ukraine has already conducted deep strikes inside Russia using domestically produced drones and a small number of homegrown missiles, mainly targeting energy and oil infrastructure.
www.bankingnews.gr
According to some reports, Secretary of State Marco Rubio persuaded Trump to cancel the summit in order to avoid a diplomatic defeat.
It is evident that the “party of war”—that is, most of the West, especially the European states—clearly sabotaged the Trump–Putin Summit.
It is also no coincidence that on October 22, NATO Secretary-General Mark Rutte presented a 12-point peace plan for Ukraine, which Russia has flatly rejected.
Trump canceled the summit – “It felt wrong to me”
U.S. President Donald Trump announced that he canceled the planned meeting with Russian leader Vladimir Putin in Budapest, Hungary, because he felt they would not achieve their objectives.
“We canceled the meeting with President Putin.
It felt wrong to me.
I didn’t believe we would achieve the desired goal,” Trump said.
At the same time, the U.S. President added that he plans to meet the Russian leader in the future and remains committed to resolving the conflict in Ukraine.
Time for new Anti-Russian sanctions
“These are incredible sanctions against two of their largest oil companies, and we hope they won’t last long,” Trump emphasized.
The new sanctions will not necessarily “encourage” Putin to come to the negotiating table.
The parties involved in the conflict in Ukraine must define their current positions along the contact line and cease hostilities.
The United States imposes restrictions on Lukoil and Rosneft
The United States announced a new package of anti-Russian sanctions, including measures against Rosneft, Lukoil, and 34 of their subsidiaries.
“Today’s actions target two of Russia’s largest oil companies, Rosneft Oil Company and Lukoil, which are now added to the sanctions list…
Additionally, the U.S. Treasury Department is adding to the sanctions list certain Rosneft and Lukoil subsidiaries based in Russia,” the department said in a statement.
The new sanctions apply to all entities 50% or more owned or controlled by Rosneft or Lukoil, even if they are not specifically named on the list.
These restrictions include 28 Rosneft subsidiaries and six Lukoil subsidiaries.
Russia wants all of Ukraine but will make some concessions
Russia reportedly seeks control over “all of Ukraine”, but is ready to make concessions, Trump stated.
Under the Biden administration, the U.S. “foolishly” gave weapons to Kyiv for free.
We’ll give them Tomahawks but won’t show them how to use them
The United States will not show others how to operate Tomahawk missiles.
Ukraine is reportedly using European missiles for strikes deep inside Russia, but not American ones.
According to Trump, both Putin and Zelensky must show common sense.
The Chinese leader could influence the course of the peace process in Ukraine.
Trump believes that China and Russia cannot be “natural allies.”
The U.S. also does not oppose Russia’s proposal to extend the New START treaty restrictions.
Axios: Why Trump canceled the Putin meeting in Budapest
U.S. President Donald Trump became frustrated with Russia’s stance following a phone conversation between U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov on October 20, according to Axios, citing sources.
According to an anonymous U.S. official, Trump’s frustration with Russia “reached new heights” after that call.
“The phone conversation ended without results and led to the conclusion that the Russians are not in a position to reach an agreement to end the war. Therefore, there was no point in holding the Trump–Putin meeting.
That conclusion paved the way for Trump’s decision to impose new sanctions on Russia,” the report said.
Earlier, Trump clarified that he canceled the planned meeting with President Putin in Budapest because he doubted the effectiveness of the talks and the possibility of achieving the desired outcome.
Rubio (U.S. Secretary of State): Ready for contacts with Russia if they help resolve the conflict in Ukraine
The U.S. government is ready to hold meetings with Russian officials if such contacts contribute to resolving the conflict in Ukraine, Secretary of State Marco Rubio said while speaking to journalists before his trip to Israel.
“We still want to meet with the Russians. I had a good conversation with Foreign Minister Lavrov, and we will continue that communication,” Rubio said, stressing that the U.S. “will always be interested in engaging if there is an opportunity to achieve peace.”
Commenting on the latest U.S. sanctions against Russia’s biggest oil companies, Lukoil and Rosneft, Rubio added:
“I think the President has repeatedly said for months now that at some point he would have to act if there was no progress in the peace deal.
Today was the day he decided to act.”
Sachs (U.S. Economist): “Trump lacks experience, Europe will increase pressure over Ukraine”
The European Union will attempt to pressure U.S. President Donald Trump following the cancellation of his meeting with Russian leader Vladimir Putin in Budapest, according to Jeffrey Sachs, a Columbia University professor and prominent economist.
“The Europeans realized that by maintaining their hard line, they can steer Trump back in the right direction.
They just managed to cancel the Budapest meeting—and that result undoubtedly shook the White House,” Sachs said.
According to him, Trump lacks political experience, making him susceptible to European diplomatic maneuvers.
“Trump doesn’t have the experience to think strategically; that’s why he’s very sensitive to pressure from Europe.
And that’s likely why Europeans are convinced that we Americans will continue down the same path,” Sachs noted.
Fakt (Poland): Marco Rubio behind the cancellation of the Putin–Trump meeting in Budapest to avoid defeat
U.S. Secretary of State Marco Rubio was behind the cancellation of the Trump–Putin meeting in Budapest, said Magdalena Gornica-Partyka, Polish journalist and international relations expert at the University of Wroclaw, in an interview with Fakt.
She believes Rubio acted to save Trump from a public defeat.
“Marco Rubio doesn’t want Trump to look foolish in front of the entire world,” Gornica-Partyka said.
On October 23, Trump announced he had canceled the meeting with Putin in Budapest.
On October 21, CNN reported that after a conversation the previous day between Lavrov and Rubio, U.S. officials concluded that Russia’s position remained unchanged, sticking to its original “maximalist demands.”
Trump’s categorical denial
Trump categorically denied a Wall Street Journal report claiming that Washington had allowed Ukraine to launch strikes deep into Russian territory using Western long-range weapons.
In a post on Truth Social on Wednesday, October 22, 2025, Trump called the report “fake news,” insisting that the United States “has nothing to do” with such operations.
“The U.S. has no involvement with these missiles—wherever they come from—or with how Ukraine uses them!” Trump stated.
What the Wall Street Journal reported
According to the Wall Street Journal, the lifting of restrictions on missile strikes came after the transfer of authority for approving such operations from U.S. Defense Secretary Pete Hegseth to NATO’s Supreme Allied Commander in Europe, General Alex Grinkevich.
Russia has repeatedly claimed that the long-range attacks are not carried out by Kyiv, but by Western nations whose experts provide targeting data and guidance.
United States: Pressure on the Kremlin
According to U.S. officials cited by the newspaper, the goal of the decision is to intensify Ukrainian attacks on Russian targets in order to increase pressure on the Kremlin.
Ukraine used a British-supplied Storm Shadow cruise missile on Tuesday, October 21, 2025, to strike a Russian plant in Bryansk that produced explosives and rocket fuel, the Ukrainian Armed Forces General Staff announced on social media.
It described the attack as a “successful strike” that penetrated Russian air defenses.
In October, Trump tried to pressure Moscow to discuss ending the conflict, even suggesting the delivery of Tomahawk missiles to Ukraine.
However, after backlash, Trump withdrew that proposal—though, according to U.S. sources, more Storm Shadow strikes by Ukraine are expected.
This decision appears strategically aimed at creating economic and military pressure on Russia, potentially forcing Moscow to reconsider its strategy.
Ukraine has already conducted deep strikes inside Russia using domestically produced drones and a small number of homegrown missiles, mainly targeting energy and oil infrastructure.
www.bankingnews.gr
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