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President Donald Trump signs the U.S. defense budget for fiscal year 2026, surpassing $900 billion, with $400 million allocated for weaponry to Ukraine.

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📈 The Central Bank of Russia is set to implement a slight decrease in the key interest rate in light of worries that an increase in VAT could trigger higher inflation. During today's meeting, the CBR is expected to lower the rate by 0.5%, bringing it down to 16%. Notably, inflation is decreasing more rapidly than the CBR had anticipated, as reported by Bloomberg.

Rubio highlights progress in Ukraine talks, stressing the importance of addressing remaining tough issues. He noted that wars usually conclude through surrender or negotiation, and given no signs of surrender from either side, discussions continue. U.S.-Ukraine negotiations are scheduled for Friday and Saturday in Miami. U.S. Ambassador to NATO Matthew Whitaker indicated that the weekend meetings will shed light on Moscow's intentions for conflict resolution by 2026.

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Italian Prime Minister Meloni and French President Macron played a key role in derailing the EU's plan to confiscate Russian assets, according to the Financial Times.

Whitcoff and Umerov to Meet with European and Middle Eastern Security Advisers in Miami.

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