President Donald Trump announced the ceasefire on Friday, saying it would be in effect over the weekend and through Monday. The ceasefire started the same day as Russia held its Victory Day Parade, an annual military celebration that commemorates the Soviet Union’s victory over Nazi Germany in World War II.
The parade notably did not feature ground equipment, despite the event historically showcasing Russia’s military prowess. Russian forces recorded a net territorial loss in April, the first time that’s happened since August 2024, according to the Institute for the Study of War. Ukraine’s long-range drone attacks have been increasingly reaching further into Russian territory, sparking fears that Ukraine could strike within Moscow on the day of the parade.
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Russia and Ukraine also agreed to suspend all kinetic activity and exchange 1,000 prisoners each as part of the agreement. Putin identified former German Chancellor Gerhard Schroeder as his preferred, theoretical negotiating partner,
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