© Alessandra Tarantino/Associated Press
© Anastasia Barashkova/Reuters
Colloquio telefonico nel pomeriggio tra il Papa e il presidente russo Vladimir Putin. A darne notizia è la Sala Stampa della Santa Sede, spiegando che “nel corso della conversazione, il Santo Padre ha espresso viva preoccupazione per la grave situazione umanitaria nella città di Oleshky, nella regione di Kherson, chiedendo una tregua per consentire l’arrivo di aiuti alimentari e sanitari e l’evacuazione volontaria e sicura della popolazione civile. Il Santo Padre ha infine ribadito l’impegno della Santa Sede a favore del dialogo e della pace”.
Sul fronte opposto, il Cremlino – tramite l’agenzia Tass – ha reso noto che il presidente russo ha ringraziato il Pontefice per la disponibilità a contribuire alla risoluzione del conflitto, sottolineando il valore della cooperazione tra Mosca e la Santa Sede. Durante il confronto, Putin ha offerto una “spiegazione esaustiva” sulle responsabilità attribuite a Kiev per l’emergenza nella città occupata, esprimendo al contempo sostegno all’iniziativa vaticana per garantire la sicurezza degli abitanti e l’arrivo dei rifornimenti essenziali.
Il presidente russo, Vladimir Putin, ha infine espresso “sinceri auguri di salute e pronta guarigione” a Papa Leone XIV dopo il recente intervento chirurgico. Secondo una nota del Cremlino, citata dall’Interfax, Putin ha spiegato “l’importanza della cooperazione russo-vaticana nella promozione di valori spirituali e morali unificanti e nella protezione dei cristiani e dei luoghi di culto cristiani in diverse regioni del mondo”. Nella dichiarazione si legge che “entrambe le parti hanno sottolineato il loro interesse a proseguire il dialogo tra la Chiesa ortodossa russa e la Chiesa cattolica romana”.
L'articolo Ucraina, telefonata tra Leone XIV e Putin: il Pontefice chiede una tregua per i civili a Kherson proviene da Affaritaliani.it.
Russian President Vladimir Putin has ordered the transfer of five Western-owned businesses into compulsory Russian management, extending a campaign of asset seizures targeting European companies that continued operating in Russia after the full-scale invasion of Ukraine.
The decree, signed on 15 October, affects businesses with combined annual revenues exceeding 53 billion roubles, approximately €530 million. They include French flooring manufacturer Tarkett, Belgian hygiene products group Ontex, German packaging producer Menshen, Kappa Rus and Eviosys Packaging Kuban, now linked to American group Sonoco.
Under Presidential Decree No. 738, operational control has been transferred to Centre Capital, a little-known Moscow company established in February 2026 with registered share capital of just 10,000 roubles.
The decision follows similar interventions against Nestlé, Auchan, FM Logistic and Metro in September. Together, the measures demonstrate how Moscow is using foreign-owned businesses as instruments of economic retaliation against countries supporting Ukraine.
Centre Capital is headed by Marat Mirkhaydarov, a former senior official in Russia’s Zabaykalsky region who reportedly served with the Akhmat military formation during Russia’s war against Ukraine.
The scale of the companies placed under his management contrasts sharply with the financial standing of the administrator.
Tarkett’s Russian operations generated approximately 19.3 billion roubles in revenue during 2025, while Kappa Rus recorded 16.5 billion roubles and Ontex RU another 10.3 billion. Eviosys Packaging Kuban and Menshen Packaging CIS reported approximately 6.1 billion and 1.4 billion roubles respectively.
The decree does not formally transfer ownership of the companies to Centre Capital. It does, however, remove the foreign shareholders’ effective control over management, operations and commercial decisions.
For Belgian manufacturer Ontex, the consequences are immediate.
In an official statement issued on 16 October, the Aalst-based company confirmed that a government-appointed administrator had assumed operational control of its Russian subsidiary.
Ontex Russia employs approximately 350 people, operates a manufacturing facility in Noginsk and maintains a sales office in Moscow. The subsidiary accounts for around five per cent of the group’s total revenue and between seven and eight per cent of adjusted EBITDA.
The company said it was examining measures to protect its assets and maintain business continuity.
Tarkett likewise confirmed that it was losing effective control of its Russian operations.
The legal framework for such interventions dates to April 2023, when Putin introduced Decree No. 302, allowing the Russian authorities to place assets associated with countries designated as unfriendly under temporary external management.
The appointed administrator can exercise extensive ownership-related powers, although the formal right to dispose of the assets remains excluded.
Crucially, the arrangement can be terminated only by presidential decision. There is no automatic deadline for returning operational control to the original owners.
Moscow maintains that the measures are reversible. Nevertheless, the loss of management authority raises questions about whether businesses could eventually be returned with their financial position, organisational structure and commercial value intact.
The latest decree extends the process already documented by EU Today following the September takeover of Nestlé and Auchan’s Russian operations.
The Kremlin’s approach also serves domestic economic objectives. Keeping factories, retail networks and distribution facilities operating under Russian management helps preserve employment, production capacity and established supply chains.
At the same time, appointing Russian administrators allows the authorities to exercise greater influence over businesses originally developed through foreign capital, technology and expertise.
Kremlin spokesman Dmitry Peskov has explicitly linked the seizures to the nationality of the affected companies and the policies of their governments.
He accused European states of participating in the unlawful seizure of Russian property through sanctions and financial restrictions.
Moscow’s argument centres partly on approximately €210 billion in Russian sovereign assets immobilised in the European Union, most of them held through Belgium-based securities depository Euroclear.
The European Union has used extraordinary revenues generated by those assets to support Ukraine, while further proposals involving the underlying funds remain subject to legal and political debate.
Belgium has been particularly concerned about potential financial exposure and legal claims. As EU Today reported in September, a Belgian Council of State judgment raised additional questions about the administrative procedures governing certain frozen assets.
The dispute has also moved into the European courts, with the Bank of Russia challenging EU measures intended to protect Euroclear against the enforcement of Russian judgments.
Moscow’s treatment of European businesses adds another dimension to this confrontation. By retaining control over foreign-owned industrial and commercial assets, Russia possesses a means of exerting pressure on companies whose governments support sanctions and military assistance to Ukraine.
The implications are particularly serious for Western banks that still maintain substantial Russian operations.
Austria’s Raiffeisen Bank International and Italy’s UniCredit remain exposed to Russia through local subsidiaries. Any extension of compulsory administration to financial institutions could create additional difficulties involving deposits, capital and banking supervision.
The seizures also expose the financial risks faced by Western companies that delayed their withdrawal after February 2022.
Many initially sought to protect their investments, employees and commercial infrastructure. Others reduced operations but retained ownership, expecting that conditions might eventually permit an orderly sale or renewed business activity.
Russian restrictions have progressively complicated that calculation, requiring foreign investors from designated countries to accept substantial discounts on asset sales and obtain official approval for transactions.
Companies remaining in the country now face the additional possibility that the government will appoint administrators without their consent.
The consequences extend beyond the businesses immediately affected. Russia is establishing a precedent under which foreign investment can remain legally owned by its original shareholders while its economic benefits and operational management are placed beyond their control.
For European governments, the latest decree illustrates the increasing connection between commercial interests and geopolitical decisions.
The Kremlin has demonstrated that sanctions imposed over its invasion of Ukraine can be answered not only through diplomatic or financial measures, but also through direct intervention in European-owned businesses operating on Russian territory.
Any eventual negotiation over sanctions relief and the restoration of economic relations will consequently have to address the status of these assets, the rights of their original shareholders and the question of compensation.
Until then, Western companies remaining in Russia face an investment environment in which the ultimate authority over their businesses rests increasingly with the Kremlin rather than their shareholders.
A bipartisan group of 22 House lawmakers is urging President Donald Trump to fully implement the new Russia sanctions law and revoke a license allowing certain Russian diesel transactions. In a letter sent on 15 October, they copied Secretary of State Marco Rubio and Treasury Secretary Scott Bessent and requested details on planned sanctions, tariffs and waivers.
Their request comes as the law’s first requirements fall due on 18 October, while lawmakers from both parties challengethe administration’s decision to allow certain Russian diesel transactions. Some restrictions take effect automatically, while others require presidential action. The law does not specify a penalty for the president missing the deadline.
Congress passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 by votes of 86–11 in the Senate and 262–159 in the House. Trump signed it on 18 September. Graham, a Republican senator from South Carolina, died in July.
Restrictions taking effect automatically on 18 October include a ban on US banks and broker-dealers processing transfers to or from the Russian government, a ban on new US investment in Russia, a ban on new US investment in Russia’s energy sector, and a ban on US energy exports to Russia.
Other measures require presidential action by the same date. The law directs Trump to review and sanction Russian officials, oligarchs and shadow-fleet vessels, sanction the Bank of Russia, specified Russian banks and state-owned companies, and impose tariffs of up to 500% on Russian goods. Tariffs of up to 100% can apply to goods from countries among the five largest importers of Russian oil or gas, or among the top five countries facilitating Russian oil sanctions evasion.
Trump may waive sanctions, restrictions and tariffs under the law if he first certifies in writing to Congress that a waiver is in the US national interest and submits a report explaining its basis.
House members also urged Trump to revoke General License 135, which the Treasury Department issued on 9 October and that is valid until 7 April 2027. It permits certain transactions involving Russian-origin diesel, including imports into the United States. Trump said Russia would immediately supply more than 300,000 tons of diesel to US and global markets and predicted prices would fall sharply, according to a 9 October Truth Social post.
On 13 October, a bipartisan group of 12 senators also urged Trump to rescind the deal and revoke the license. Seven senators said the deal conflicted with a 2022 law banning Russian energy imports.
The Graham Act says nothing in its provisions affects the Treasury secretary’s existing authority to issue general licenses. That provision does not resolve whether the diesel license complies with the separate 2022 law.
A White House official told Newsweek the administration would comply with the Graham Act. Bessent said the administration would use “all the legal authorities we have” and called the deal “good for the American people,” Fox News reported on 11 October.
Separately, the law sets a process for terminating sanctions, restrictions or duties against Russia. Trump must report to Congress that Russia has signed a peace agreement accepted by Ukraine’s government and ceased military hostilities against Ukraine, as well as activities to overthrow, dismantle or subvert its government. Congress has 30 days to block termination through a joint resolution of disapproval, or 60 days for reports submitted between 10 July and 7 September.
By Ted SNIDER
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Events of the last few days will have limited economic impact but bring political benefits for Russia.
While Ukraine’s negotiating team was meeting with the U.S. envoys Jared Kushner and Steve Witkoff last Friday, they were blindsided by President Donald Trump’s announcement that he had made a deal with Russia’s President Vladimir Putin.
Trump announced that Moscow had agreed to lift its export ban on diesel fuel and immediately supply 300,000 tons to the American and global market, followed by another 500,000 in November, then a further 1,000,000, and, eventually, another 3,000,000. To facilitate these imports, the U.S. would provide a sanctions waiver, and the U.S. Treasury would issue a temporary general license for Russia to sell diesel on the global market through April 7, 2027.
Kiev reacted with fury. The Ukrainian negotiators left Miami, flying home without attending the planned second day of talks. A senior Ukrainian official said that the deal “completely” ruined trust between Kiev and Washington. Ukraine’s President Volodymyr Zelensky complained, “It is certainly not how partners should treat each other.” Hours later, Ukraine struck a Russian oil refinery, as senior officials in Kiev had threatened it would do.
Trump and his supporters say the deal will lower diesel prices for the U.S. and the world. Ukraine, Europe, and Trump’s detractors say the deal will send more money into Moscow’s war machine. The deal will have less of an impact on either front than both sides claim—but that doesn’t mean it won’t prove significant.
Though it provides the appearance of a quick fix and may have briefly reduced oil prices, such effects could only be brief and trivial. Russia is now set to export 1.8 million tons of diesel fuel over the next few months and, eventually, another 3 million. But the world uses 3.5 million to 4 million tons a day, and the U.S. alone burns through half a million.
The deal won’t do much to boost the Russian economy, either, which is still functioning despite massive Western sanctions. Russia’s diesel production has apparently been running at a surplus for a while, and its own ban on exporting diesel would probably have been lifted shortly anyway. Exports to Central Asia were up dramatically last month. Though Europe may still refuse to purchase Russian diesel under the U.S. waiver, world demand is acute, and Russia would easily have found a market for its diesel amid a general supply crunch caused by the Iran War.
But the deal is symbolically and politically significant. It comes amid plummeting popular support in Ukraine for Zelensky. Trust in the Ukrainian leader and desire for him to stay on as president after the war are sinking. Polls show that he would likely lose the next election. The deal only worsens Zelensky’s political challenges, forcing him to either abide by Trump’s wishes for Ukraine to cease strikes on Russian oil refineries or risk further inflaming tensions with Washington. So far, Zelensky is choosing the latter.
When Ukraine struck another refinery after the announcement of the deal, Trump reacted with fury. “Do whatever you want, but don’t hit the diesel fuel,” Trump says he told Zelensky. “So, what does he do? He goes and hits refineries…. He’d better damn well stop.”
This rupture is the worst crisis in Zelensky’s relationship with Trump since their public confrontation in the Oval Office in February of last year. This summer, Trump seemed to be swinging in Zelensky’s favor—but not anymore. Zelensky said Trump’s deal was “not fair and not honest.” He accused Trump of using talks with Ukraine “as a smokescreen” while the U.S. cut “backroom deals” with Russia, and he said the episode demonstrated Trump’s weakness to the world.
Trump shot back. “I think it’s time for Ukraine to get a new president,” he said. “I suggest they get a new leader who can make a deal because he could have made many deals, but for some reason, he never does.”
As the rift widened, Witkoff and Kushner warned the Ukrainian team that crucial intelligence-sharing could be cut off if Kiev doesn’t fall in line with Washington’s demands. On Monday night, when Kiev was struck by Russian ballistic missiles without warning, it was unclear if the U.S. had followed through on the threat. “Regarding this strike,” Zelensky said, “unfortunately, there was no warning from our partners.” But Ukraine’s Foreign Minister Sybiha said Ukraine is still receiving U.S. intelligence and that the failure was not due to policy but to the difficulty of tracking “specific type of weapons used by the Russian side.” Trump has since said intelligence sharing has not stopped. But on Tuesday night, Kiev was once again bombarded by ballistic missiles, and Zelensky again said his government had received “no advance warning from our partners.”
Adding to the danger for Ukraine, Elon Musk, whose Starlink satellites are crucial for the Ukrainian armed forces’ battlefield communications, tracking of Russian troops, and selections of targets, backed Trump’s call for Zelensky to be replaced, posting that “Zelensky has gone too far.” On Wednesday, Ukrainian officials said that SpaceX, Musk’s company, “had introduced a limit on some Starlink services within the country, disrupting combat drone missions for which the technology is crucial.”
The significance for Moscow is that it has managed to make an economic deal with Washington that required no Russian concessions in peace negotiations with Ukraine. It is this unshackling of U.S.–Russia diplomacy from the war, not any financial windfall for American’s or Putin’s war machine, that is the true victory for Russia.
The events of the past few days, centering around the Trump–Putin diesel deal, will not have the economic effects the media is focusing on, but they have already brought significant political consequences for both Russia and Ukraine.
Original article: www.theamericanconservative.com
Europe's far-right parties grow increasingly divided on something that once united them — sympathies for Vladimir Putin's Russia.
As nationalists and right-wing populists across Western Europe move closer to power, many are seeking to distance themselves from their past admiration for a country waging Europe'
The clearest example concerns Ukraine’s air defenses. One of the biggest challenges currently facing Ukraine’s air-defense units, whether mobile teams or surface-to-air missile systems, is Russia’s jet-powered Geran drones. These can now exceed speeds of 300 kilometers (186 miles) per hour, although they do not always fly at the same speed. Bringing them down requires munitions fast enough to intercept such targets and guided by highly accurate tracking data. That is why Ukraine’s access to the satellite network operated by Starlink, the company owned by tech billionaire Elon Musk, is so critical.
© Efrem Lukatsky (AP Photo/Efrem Lukatsky)
U.S. President Donald Trump has handed Russian President Vladimir Putin another gift ahead of the U.S. midterm elections, with Republicans increasingly at risk of losing both chambers of Congress.
© Anastasia Barashkova (REUTERS)
US president says Zelenskyy ‘more difficult to deal with than Putin’ after ‘energy ceasefire’ collapses
Donald Trump has called Ukraine’s renewed strikes on Russian oil refineries “a disgrace” and criticised Volodymyr Zelenskyy after an energy ceasefire between Russia and Ukraine failed to take hold.
Ukraine resumed strikes on Russian oil refineries after Zelenskyy said Kyiv was abandoning a ceasefire unilaterally declared by Trump on Sunday, having briefly halted its attacks to demonstrate its readiness for peace talks. Russia had continued its strikes on Ukrainian power plants.
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