The latest proposal is designed to deter future Russian aggression. But Russia is not part of the talks and has shown little willingness to negotiate.

Ukraine peace talks up their pace. Ukraine peace talks are showing new signs of progress. US and European negotiators emerged from meetings in Berlin yesterday agreeing to provide

The EU’s top representative on foreign affairs, Kaja Kallas, similarly described it as a “make-or-break” moment for Ukraine, as parallel negotiations take place on a US-brokered peace proposal and a plan in Brussels to finance a large loan to help keep Kyiv in the fight should ceasefire talks stall again.

European Commission President Ursula von der Leyen has said that the EU is preparing a new package of sanctions against Russia. Source: statement by von der Leyen posted on the official European Commission website Details: The statement noted that the EU is working on every step that will ultimately put an end to the bloodshed.

Most people outside of banking won't have heard of Euroclear. It's a Brussels-based settlement provider that enables the transfer of ownership of securities between seller and buyer. The firm is the focal point of a major geopolitical confrontation between Russia and the European Union.

Often left out by the United States in peace negotiations, European countries are working to assert their leadership and bolster Ukraine with an ambitious funding plan. But can they agree?

The European Union may move to freeze Russian assets in Europe as Ukraine continues to fight a bloody war against Russia, Reuters reports. CBS News' Ramy Inocencio reports.

As European leaders vowed to protect Ukraine against Russia in the future, including via military means, Zelenskyy hailed progress with the US in talks about security guarantees – but disagreements over territory remain.