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Putin accuses Europeans of sabotaging peace efforts on Ukraine; meets U.S. delegation

Russian President Vladimir Putin accused Kyiv’s European allies Tuesday of sabotaging U.S.-led efforts to end the nearly 4-year-old war in Ukraine, shortly before he met with a delegation sent by President Donald Trump.

“They don’t have a peace agenda, they’re on the side of the war,” Putin said of the Europeans prior to talks in the Kremlin with U.S. special envoy Steve Witkoff and Trump’s son-in-law Jared Kushner.

Putin’s accusations appeared to be his latest attempt to sow dissension between Trump and European countries and set the stage for exempting Moscow from blame for any lack of progress.

He accused Europe of amending peace proposals with “demands that are absolutely unacceptable to Russia,” thus “blocking the entire peace process” and blaming Moscow for it.

“That’s their goal,” Putin said.

He reiterated his long-held position that Russia has no plans to attack Europe — a concern regularly voiced by some European countries.

“But if Europe suddenly wants to wage a war with us and starts it, we are ready right away. There can be no doubt about that,” Putin said.

Russia started the war in 2022 with its full-scale invasion of a sovereign European country, and European governments have since spent billions of dollars to support Ukraine financially and militarily, to wean themselves from energy dependence on Russia, and to strengthen their own militaries to deter Moscow from seizing more territory by force.

They worry that if Russia gets what it wants in Ukraine, it will have free rein to threaten or disrupt other European countries, which already have faced incursions from Russian drones and fighter jets, and an alleged widespread Russian sabotage campaign.

Trump’s peace plan relies on Europe to provide the bulk of the financing and security guarantees for a postwar Ukraine, even though no Europeans appear to have been consulted on the original plan. That’s why European governments have pushed to ensure that peace efforts address their concerns, too.

Speaking with Putin via a translator before the talks, Witkoff said he and Kushner had taken “a beautiful walk” around Moscow and described it as a “magnificent city.”

Coinciding with Witkoff’s trip, Ukrainian President Volodymyr Zelenskyy went to Ireland, continuing his visits to European countries that have helped sustain his country’s fight against Russia’s invasion.

In what could be a high-stakes day of negotiations, Zelenskyy said he was expecting swift reports later Tuesday from the U.S. envoys in Moscow on whether talks could move forward, after Trump’s initial 28-point plan was whittled down to 20 items in Sunday’s talks between U.S. and Ukrainian officials in Florida.

“They want to report right after that meeting to us, specifically. The future and the next steps depend on these signals. Such steps will change throughout today, even hour by hour, I believe,” Zelenskyy said at a news conference in Dublin with Irish Prime Minister Micheál Martin.

“If the signals show fair play with our partners, we then might meet very soon, meet with the American delegation,” he said.

“There is a lot of dialogue, but we need results. Our people are dying every day,” Zelenskyy said. “I am ready … to meet with President Trump. It all depends on today’s talks.”

After months of frustration in trying to stop the fighting, Trump deployed officials to get traction for his peace proposals. Kremlin spokesman Dmitry Peskov said Putin’s talks with Witkoff and Kushner would take “as long as needed.”

The talks have followed parallel lines so far, with U.S. Secretary of State Marco Rubio sitting down with Ukrainian officials. (JapanToday)

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Private equity consortium offers to buy Electronic Arts for $80 billion

Electronic Arts, the company behind video games like Madden NFL, Battlefield and The Sims, is being acquired for $US52.5 billion ($80 billion), in what could become the largest-ever buyout funded by private-equity firms.

The private equity firm Silver Lake Partners, Saudi Arabia’s sovereign wealth fund PIF, and Affinity Partners will pay EA’s stockholders $US210 per share.

Affinity Partners is run by President Donald Trump’s son-in-law, Jared Kushner.

If the transaction closes as anticipated, it will end EA’s 36-year history as a publicly traded company.

PIF, which was already the largest insider stakeholder in Electronic Arts, will be rolling over its existing 9.9 per cent stake in the company.

The commitment to the massive deal is in line with recent activity by Saudi Arabia’s sovereign wealth fund, wrote Andrew Marok of Raymond James.

“The Saudi PIF has been a very active player in the video gaming market since 2022, taking minority stakes in most scaled public video gaming publishers, and also outright purchases of companies like ESL, FACEIT, and Scopely,” he wrote.

“The PIF has made its intentions to scale its gaming arm, Savvy Gaming Group, clear, and the EA deal would represent the biggest such move to date by some distance.”

Electronic Arts would be taken private and its headquarters would remain in Redwood City, California.

The total value of the deal eclipses the $US32 billion price paid to take Texas utility TXU private in 2007.

EA’s initial public offering on the stock market came seven years after it was founded by former Apple employee William “Trip” Hawkins, who began playing analog versions of baseball and football made by Strat-O-Matic as a teenager during the 1960s.

Chief executive Andrew Wilson has led the company since 2013 and he will remain in that role, the firms said on Monday, local time.

“Electronic Arts is an extraordinary company with a world-class management team and a bold vision for the future,” Mr Kushner, who serves as CEO of Affinity Partners, said.

“I’ve admired their ability to create iconic, lasting experiences, and as someone who grew up playing their games — and now enjoys them with his kids — I couldn’t be more excited about what’s ahead.”

This marks the second high-profile deal involving Silver Lake and a technology company with a legion of loyal fans in recent weeks.

Silver Lake is also part of a newly formed joint venture spearheaded by Oracle involved in a deal to take over the US oversight of TikTok’s social video platform, although all the details of that complex transaction have not been divulged yet. (ABC)