This is a hugely significant moment. For the first time in more than three years, Washington is lifting sanctions on Moscow instead of imposing them.
It’s the most tangible evidence yet of a US-Russia rapprochement, and a crystal clear signal of Donald Trump’s intentions to turn Vladimir Putin the pariah into Putin the partner.
For now, they’re only talking about easing a handful of restrictions so that Russia’s agricultural and fertiliser exports can return to global markets.
It has meant higher fees and delays in payments, even when it comes to cross-border trade with friendly nations.
That’s why Moscow wants sanctions to be lifted on Rosselkhozbank – the state-owned Russian agriculture bank – and for it to be reconnected to SWIFT.
Image: Perhaps the most galling thing for Ukraine will be that Putin seems to have secured this without giving up very much. File pic: AP
One could argue that it’s just one brick in what is still a whole wall of sanctions surrounding Russia. But its removal will nevertheless be massively symbolic.
Ukraine’s Western allies were in lockstep when they built that wall – now its powerful supporter is starting the process of bringing it down.
What’s more, there’ll be fears that Moscow could abuse America’s charity here, particularly when it comes to one of the Kremlin’s other demands – lifting restrictions on the supply of agricultural machinery to Russia.
Restrictions were imposed on agricultural machinery due to some components being classified as ‘dual-use’ goods, which could potentially aid Russia’s war machine.
What’s to say these fears won’t be realised? That parts meant for tractors and harvesters suddenly find their way into weapon production? Washington might be happy to take Moscow’s word for it, but Kyiv certainly won’t be.
Perhaps the most galling thing for Ukraine and its European allies, however, will be that Mr Putin appears to have secured this without giving up very much at all.
Please use Chrome browser for a more accessible video player
4:01
Ukraine and Russia agree sea deal
Yes, Russia has agreed to a maritime ceasefire. But it’s a long way short of a full ceasefire, and it’s something that was first agreed back in July 2022 with the Black Sea Grain Initiative.
Russia withdrew from that deal in 2023, unhappy at the obstacles facing its food and fertiliser exports – sound familiar?
Since then, attacks in the Black Sea have dropped off significantly. In fact, Ukrainian grain exports are pretty much back at pre-war levels already.
So, a maritime ceasefire may not actually make that much of a difference to the conflict itself. The bigger impact will be in Washington and Moscow.
For Mr Trump, it’s something to show off – proof that he’s taken a step closer to peace.
For Mr Putin, it’s Russia’s first step coming back in from the cold.
Jurors in the trial of Sean “Diddy” Combs have reached a verdict on four of the five counts against him – but the hip-hop mogul will have to wait to learn his fate.
In tense scenes towards the end of the court day on Tuesday, jurors sent a note to say they had reached verdicts on two charges of sex trafficking and two charges of transportation for prostitution, but had been unable to reach a unanimous decision on the charge of racketeering conspiracy.
Combs‘s lawyers surrounded him at the defence table after the note was sent to the court, and at one point he held his head in his hands.
After discussions with prosecution and defence lawyers, Judge Arun Subramanian told jurors to continue deliberating on Wednesday rather than deliver a partial verdict.
Image: Combs and one of his lawyers, Marc Agnifilo, earlier in the day. Pic: Reuters/Jane Rosenberg
The jury has testimony from more than 30 witnesses to consider – including Combs’s former long-term partner Casandra “Cassie” Ventura and another former girlfriend called “Jane”, who testified under a pseudonym to protect her identity.
Prosecutors allege the 55-year-old rapper used his fame and power to force Cassie and “Jane” into drug-fuelled sex sessions with male sex workers, which were referred to as “freak-offs”, “wild king nights”, or “hotel nights”.
He was also physically violent and blackmailed them with footage, jurors were told.
They also heard from “Mia”, a former employee who alleged she was sexually assaulted by the rapper on several occasions during her career. She also testified using a pseudonym.
Combs has pleaded not guilty to all charges and his defence team has argued that prosecutors are attempting to criminalise what they say was a consensual “swingers lifestyle”.
The rapper chose not to testify and his lawyers did not call any witnesses, building their arguments instead through lengthy cross-examinations of the witnesses called by the prosecution.
The charges against Diddy – and potential sentences
Count 1: Racketeering conspiracy – up to life in prison
Count 2: Sex-trafficking of Cassie Ventura – a minimum of 15 years and maximum of life in prison
Count 3: Transporting individuals including but not limited to Cassie Ventura to engage in prostitution – a maximum sentence of 10 years in prison
Count 4: Sex-trafficking of Jane* – a minimum of 15 years and maximum of life in prison
Count 5: Transporting individuals including but not limited to Jane to engage in prostitution – a maximum of 10 years in prison
What is racketeering conspiracy?
Racketeering conspiracy, which is count one on the verdict sheet, is the most complicated of the charges against Combs.
Jurors need to decide not only whether the rapper created a “racketeering enterprise”, but also if he was involved in various offences as part of this, including kidnapping, arson and bribery.
The charge falls under the US’s RICO laws (the Racketeer Influenced and Corrupt Organisations Act), which is best known for being used in relation to organised crime and drug cartel cases.
After closing arguments last week, jurors began deliberation on Monday and had spent about 13 hours discussing in total by the time they sent their note.
Before reaching the verdict on the four counts, they had requested to review crucial testimony from Cassie about her account of an assault in a hotel in Los Angeles in 2016.
Captured on CCTV, the footage was played in court several times – showing Combs, wearing only a towel and socks, beating, kicking and dragging Cassie in a hallway.
His defence team admitted in their opening statement that this was domestic violence, and said the music star regretted these actions – but that they did not amount to any of the federal charges against him.
As well as Cassie’s evidence on that assault, they asked to see her testimony on an incident at the Cannes Film Festival in 2013 – when she said Combs accused her of taking drugs from him and kicked her off of his yacht.
On their way back to the US, she told the court, he threatened to release explicit videos of her having sex with an escort.
Jurors also wanted to review testimony given by a male sex worker at the start of the trial.
Combs could face 15 years to life in prison if he is convicted of all charges.
Jurors will continue deliberating on the racketeering conspiracy charge on Wednesday.
Elon Musk has stepped up his attacks on Donald Trump’s sweeping tax and spending bill – weeks after a spectacular fallout between the world’s richest man and the US president.
Following weeks of relative silence after clashing with Mr Trump over his “big beautiful bill”, the billionaire vowed to unseat politicians who support it.
In a post on X, Musk said those who had campaigned on cutting spending but then backed the bill “should hang their heads in shame”.
He added: “And they will lose their primary next year if it is the last thing I do on this Earth.”
X
This content is provided by X, which may be using cookies and other technologies.
To show you this content, we need your permission to use cookies.
You can use the buttons below to amend your preferences to enable X cookies or to allow those cookies just once.
You can change your settings at any time via the Privacy Options.
Unfortunately we have been unable to verify if you have consented to X cookies.
To view this content you can use the button below to allow X cookies for this session only.
Musk also threatened to put their faces on a poster which said “liar” and “voted to increase America’s debt” by $5trn (£3.6trn).
The posts attracted a swift reply from Mr Trump, who claimed the billionaire “may get more subsidy than any human being in history” for his electric car business.
“Without subsidies, Elon would probably have to close up shop and head back home to South Africa,” he wrote on Truth Social.
“No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!”
Please use Chrome browser for a more accessible video player
0:46
Elon’s dad on the Musk-Trump bust-up
Musk spent at least $250m (£182m) supporting Mr Trump in his presidential campaign and then led the newly formed Department of Government Efficiency (DOGE), which sacked about 120,000 federal employees.
He has argued the legislation would greatly increase the US national debt and wipe out the savings he claimed he achieved through DOGE.
As the Senate discussed the package, Musk called it “utterly insane and destructive”.
The Tesla and SpaceX CEO said the bill’s massive spending indicated “we live in a one-party country – the PORKY PIG PARTY!!”
“Time for a new political party that actually cares about the people,” he wrote.
Spreaker
This content is provided by Spreaker, which may be using cookies and other technologies.
To show you this content, we need your permission to use cookies.
You can use the buttons below to amend your preferences to enable Spreaker cookies or to allow those cookies just once.
You can change your settings at any time via the Privacy Options.
Unfortunately we have been unable to verify if you have consented to Spreaker cookies.
To view this content you can use the button below to allow Spreaker cookies for this session only.