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Ukraine minerals deal is largely symbolic – but that’s enough for Donald Trump

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CNN
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It provides both good news and optics, but is ultimately a forced deal with a complex future.

Ukraine’s minerals agreement with the United States stems from months of fraught haggling, and originates in a Ukrainian idea first offered during the amicable climes of the Biden administration. It has since become a persistent thorn in the side of Kyiv and Washington’s febrile relationship. President Volodymyr Zelensky had little choice but to sign something, or risk another seismic rupture in his relationship with President Donald Trump.

Yet the document CNN has seen sets the stage for a longer-term relationship between the US and Ukraine. It does not give an ironclad guarantee of American profits in the next years of the Trump administration.

The symbolism was, however, largely the point. Trump needed to feel America was getting something back from Kyiv. Ukraine needed to show its relationship with this White House was functional and improving. Ukraine’s allies needed this done and dusted to remove a distraction from the complex talk of military aid and real peace that must now become their focus.

The deal’s text also contains two phrases that will be distinctly pleasing to Kyiv. First, it refers to the “large-scale destruction caused by Russia’s full-scale invasion of Ukraine” – an unambiguous statement of blame from a White House that has often preferred to pull its punches. And then it explains how Ukraine might buy arms from the US – vital given the escalating Russian onslaught across the front lines.

It says that if the US gives new military assistance to Ukraine, “the capital contribution of the U.S. Partner (to the fund) will be deemed to be increased by the assessed value of such military assistance”. In short, Ukraine will use this fund to pay for weapons. Until now, it’s been unclear whether the Trump administration would provide arms – especially desperately needed Patriot missile interceptors – at all. Here, they are explaining how Ukraine would pay for them.

Earth and minerals are loaded onto trucks at a mine near the front line in Donetsk, Ukraine, in February.

It will add to a central message of this beleaguered process: that the pendulum swings of Trump’s position as he tries to broker this peace – vacillating between a wider cosiness with Moscow and maintaining US relations with Europe as a whole – have moved back in Ukraine’s favor. Trump is palpably seeing less progress with Moscow, which continues to reject the US-Ukrainian proposal of a 30-day unconditional ceasefire, itself now nearly 50 days old. The specific terms in the deal of how Ukraine might pay for future arms purchases will ring loud inside the Kremlin’s walls.

The symbolic nature of the document is also partially due to its long-term perspectives and how much political change will likely occur in the decades it needs to start really bringing money to US coffers. Neither Kyiv nor Washington will have the same administrations for more than another three years, even if the war ended tomorrow.

New presidents will choose to honor or revisit the deal. And anyone who has worked or done business in Ukraine knows they are masters at “interpreting” documents and deals in their favor. The world of natural resources is already opaque there, and it is unlikely this high-profile deal will suddenly usher in total business transparency. It’ll likely be messy once the immediate demands of the war end, that much is clear.

So it appears wide-ranging, huge, and game-changing, but at the same time its impact is not immediate, it is largely symbolic – an urgent Band-Aid. Contradictory and complex, but likely loud and clear enough for Trump.



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Europe

Ukraine conducts ‘large-scale’ operation targeting Russian airbases, security source says

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CNN
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Ukraine has carried out large-scale drone strikes against four airbases deep inside Russia, destroying multiple combat planes, according to a source in the Ukrainian Security Service (SBU).

If confirmed, the attacks would be the most ambitious simultaneous strikes on Russian airbases carried out by Ukraine since the war began.

The SBU source said that Russian bombers were “burning en masse” at four airbases hundreds of miles apart, adding that drones had been launched from trucks inside Russia.

More than 40 aircraft were known to have been hit, according to the source, including TU-95 and Tu-22M3 strategic bombers and one of Russia’s few remaining A-50 surveillance planes.

The airfields targeted included Belaya in Irkutsk, some 4,500 kilometers (2,800 miles) from Ukraine’s border with Russia, and the Dyagilevo base in Ryazan in western Russia, about 520 kilometers (320 miles) from Ukraine, which is a training center for Russia’s strategic bomber force.

The Olenya base near Murmansk in the Arctic Circle, more than 2,000 kilometers (1,200 miles) from Ukraine, was also struck, according to the source, as well as the Ivanovo airbase, more than 800 kilometers (500 miles) from Ukraine. Ivanovo is a base for Russian military transport aircraft.

There has been no comment from the Russian Defense Ministry on the attacks. But the governor of Irkutsk region, Igor Kobziev, said that drones had been launched from a truck near the Belaya base.

Kobziev said on Telegram that the exact number of drones deployed had not been determined. Emergency and security services were at the site, he added.

SBU drones were targeting aircraft that bomb Ukrainian cities every night, the SBU source said – estimating the damage caused to the Russian side at more than $2 billion.

One video supplied by the source purportedly shows the Belaya airfield in flames and the voice of the head of the SBU, Lt. Gen. Vasyl Malyuk, commenting on the situation. “How beautiful Belaya airfield looks now. Enemy’s strategic aircraft,” he says.

CNN was able to confirm the location of that video, as well as two others posted on social media showing smoke rising from the Belaya airbase. It was not immediately able to independently verify other videos provided by the SBU.

The SBU source said that the operation was “extremely complicated from a logistical point of view,” with the drones carried inside wooden mobile homes that had been carried into Russia on board trucks.

“The drones were hidden under the roofs of the houses, which were already placed on trucks. At the right moment, the roofs were remotely opened, and the drones flew to hit Russian bombers.”

One video purportedly of one attack appears to show drones rising from a truck, as vehicles pass on a nearby highway. Another image shows the roof of the truck on the ground.

The source added that people involved were already back in Ukraine.

CNN’s Frankie Vetch and Eve Brennan contributed to this report.



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The ‘golden summer of cheap flights’: Now’s the time for last-minute deals

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CNN
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Still haven’t pressed “purchase” on your summer vacation? There’s some good news for procrastinators this hectic travel season.

If you have yet to book peak summer airfare to popular destinations in Europe, among other places, you can expect to find lower prices and more award availability than the norm for this typically busy time of year, travel experts say.

The indications of a slowdown in global travel, paired with ongoing economic uncertainty, are resulting in some bargain international and domestic airfares.

And now might be the sweet spot for finding a last-minute summer travel deal.

Travel expert Katy Nastro, with airfare tracking site Going, says that while it’s hardly an exact science, there’s typically a “Goldilocks” window for booking flights during peak travel times, such as summer.

It’s usually recommended to lock in peak-season domestic airfare at least three to seven months out from the date you plan to travel. For international flights, the experts at Going suggest booking four to ten months out for peak dates.

But this summer has “sort of flipped itself on its head,” Nastro says, adding that even for close-in travel dates to destinations near and far, there are still summer airfare deals to be had for people booking just one to three months out.

For non-peak travel periods, the Goldilocks window is one to three months in advance for domestic fares and two to eight months out for international flights.

It’s not only domestic destinations with deals, says Nastro, calling this summer “the golden summer of cheap flights.”

“Typically, at this point, you’d be hard-pressed to find something over to Europe in the $400s, round-trip, from major cities in the US … We’re still seeing that, which is really incredible,” says Nastro.

She cited a deal spotted on May 28 showing mid-July round-trip airfare from New York to Dublin for $392 on Aer Lingus, and select July and August dates for round-trip airfare from Los Angeles to Paris for $579 on French Bee.

Travel experts are seeing deals on flights to Dublin, Ireland, home to Saint Patrick's Park.

On May 29, round-trip domestic airfare deals spotted by Going included Miami to Las Vegas in August for $175; Cincinnati to Charleston for $78 (June-August availability); and New York City to Nashville for $127 (July and August availability).

This summer is unique, Nastro says, because there’s still “abundance and availability” for flights to destinations in Europe, as well as Canada and Mexico, and Latin American destinations such as Brazil and Peru.

According to aviation analytics firm Cirium, data collected from third-party sources (primarily online travel agencies) indicates bookings from major US cities to major European cities made between the end of January and mid-May are down by about 10% for travel this June, July and August.

Bookings made in the opposite direction, from the Europe to the US, are down 12%.

The drop in international arrivals into the US appears to be having a bigger impact more broadly for airfares on European carriers than US carriers, Nastro says.

She suggests looking for deals on airlines such as Aer Lingus, SAS, Lufthansa, Norse Atlantic Airways and Icelandair.

“That doesn’t mean that you can’t find something on Delta, United, etcetera. (But) what we’ve noticed is more so the deals are coming from these European carriers,” she says.

There's “abundance and availability” of flights this season to Latin American destinations such as Brazil, where Rio de Janeiro dazzles visitors.

For the best deals to Europe this summer, staying flexible is the key to success, says Hayley Berg, lead economist at the travel platform Hopper.

Berg says airfare to Europe from major US hubs this summer is comparable to what it was during the summer of 2019, which was one of the cheapest summers in recent memory for travel to Europe thanks to low fuel prices, competition and the entry of new lower-cost airlines.

Hopper’s 2025 International Travel Guide reports airfare from the US to Europe is averaging $817 per ticket this summer — down 10% from last summer’s prices, despite the fact that, overall, more international flights are scheduled to depart from US airports to global international destinations this summer than in 2024.

Consumers who can stay flexible about where they fly and when they go to Europe can expect to get the best deals, Berg says. That means traveling on weekdays and taking the deal-seeking approach.

Tourists walk in front of Castel Sant'Angelo in Rome. The high volume of flights to Italy's capital means there are deals to be had for flexible travelers.

“Where I most frequently see low prices are Dublin, Stockholm, Copenhagen. And then … depending on when in the summer you go, the trifecta of London, Paris and Rome,” Berg says. “Just because there’s so much volume that flies into those (three) destinations, you are likely to find a deal if you kind of do your homework.”

When it comes to the best travel dates for cheaper fares to Europe, the last two weeks of August is the sweet spot for savings, she says.

“The average airfare is $300 cheaper if you travel in the last two weeks of August versus the peak in June and July,” she says.

As an added bonus, once you’re there, you can also expect fewer crowds, cheaper accommodations and shorter lines at major European attractions like the Vatican at that time of year, Berg says.

Domestic airfare within the US is down about 3% for bookings this summer over last summer, she adds, in particular to big US city hubs like New York City, Las Vegas, Atlanta, Dallas and Los Angeles.

But travelers who shop around and aren’t locked into specific dates can find significantly more savings.

“If you use some of our advice around being flexible, you can shave a couple hundred dollars off of a domestic trip for a family of four, or even a couple,” Berg says.

Jack Ezon, founder of EMBARK Beyond travel agency, says Europe’s summer of savings goes beyond airfare. He points to Greece, in particular, as being full of relative summer bargains right now.

“Mykonos, Santorini, there’s opportunity on the mainland, pretty much everywhere. We’re seeing guaranteed room upgrades and lots of great programs at hotels trying to promote it,” he says.

While this summer’s surprise season of cheaper airfares might make it tempting to roll the dice and wait before booking anything, dragging your feet too much longer into June isn’t likely to pay off if you’re looking to score a deal, says Nastro.

People who were hesitant to book anything because of uncertainties surrounding travel and the markets are likely to start making plans sooner rather than later, she says. As a result, airfares are expected to go up.

“I don’t want people to get in the thinking that, ‘Oh, I could just book something for July 4th at the end of June, and I should be safe,’” she says. “Our age-old wisdom, and just knowing what we know about airfare, that’s not going to be the case — even in this unique summer that we are in.”

Frequent travelers and credit card holders sitting on a pile of loyalty points and miles should tap them for unexpected summer deals, says Tiffany Funk, co-founder of award flight search tool, point.me.

“How award seats work is they are distressed inventory,” she says. “For the most part, these are seats that airlines have acknowledged they’re probably not going to sell. Those are the ones that they really let their loyalty programs leverage.”

And while there’s not exactly a “glut of award seats” available this summer, Funk says there are more options for redeeming awards now compared to last summer.

Passengers line up at Hartsfield-Jackson Atlanta International Airport. Uncertainties have made last-minute airfare deals more abundant this summer, experts say.

Being open — to award options that pop up last-minute and to flying in the back of the plane — is one way to score a deal.

“For people who, like myself, have not put together their summer travel plans yet and are able to be opportunistic, that’s always a good way to use your points,” says Funk, adding that the best awards pricing point.me has seen for travel this summer has been in economy class.

“Prior to 2021, pretty reliably, airlines did not really sell a lot of their premium cabin seats. Now they sell the majority of them,” she says, leading to more award inventory available in economy class.

Recent one-way economy class award airfares booked on point.me include New York to Paris in August on Virgin Atlantic for 9,600 miles plus $75 per person and Phoenix to London in August on American Airlines for 15,000 miles plus $6 per person.

Points also have the advantage of being much more flexible than cash when it comes to changes and cancellations, says Funk — something travelers might particularly appreciate in more uncertain times.

“So if you see something, book it. You can always change it later. For most of these programs, there’s not a fee to do that,” Funk says.

The time to strike is now.

“I think we’ve all been holding our breath, but really, what the population is showing us is they want to go on vacation and they’re willing to pay for it. And if there are great deals, they’re going to find them so that they can get more for that budget.”

Terry Ward is a Florida-based travel writer and freelance journalist in Tampa who is guilty of hoarding her Star Alliance miles.



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Two dead and 500 arrested in France during PSG win celebrations

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Reuters
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More than 500 people were arrested by police during the Champions League final celebrations in France, and two people were reported dead and 192 injured, the interior ministry said on Sunday.

Wild celebrations erupted across the French capital and beyond on Saturday night after Paris Saint-Germain crushed Italian opponents Inter Milan to win the Champions League for the first time, although skirmishes with police later threatened to spoil the party.

The interior ministry’s provisional assessment as of Sunday morning was that 559 people had been arrested, including 491 in Paris, which led to 320 people being placed in police custody, 254 of them in Paris.

On the Champs-Élysées, bus shelters were smashed and projectiles hurled at riot police, who fired tear gas and water cannon to push back surging crowds as thousands of supporters descended on the boutique-lined boulevard.

The interior ministry on Sunday reported hundreds of fires, including more than 200 vehicles burned. Some 22 members of the security forces and seven firefighters were harmed.



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