President Vladimir Putin is allowing Goldman Sachs Group Inc. to sell its business in Russia, making the US firm one of the few Western banks to fully exit the country. Putin permitted Balchug Capital to buy the division,

President Vladimir Putin has authorised Armenian investment fund Balchug Capital's purchase of Goldman Sachs' unit in Russia, a government decree published on Friday showed, potentially paving the way for the U.

In an interview with Russian state television, Vladimir Putin declared his willingness to negotiate peace with Ukraine. However, the Russian head of state rejected direct talks with Volodymyr Zelenskyi.

Despite the losses, Russian troops are making progress on the front, which is why Putin's negotiating position is strengthening. In his style, he tries to impose the conditions for starting talks, says Prof.