Russian President Vladimir Putin said on Thursday that he wants an end to the war in Ukraine and that this would inevitably involve a diplomatic solution.
His comments come a day after US President Joe Biden hosted Ukrainian leader Volodymyr Zelenskyy in the White House and promised him continued and unwavering support.
"Our goal is not to spin the flywheel of military conflict but, on the contrary, to end this war," Mr Putin said.
"We will strive for an end to this, and the sooner the better, of course."
White House spokesman John Kirby said Mr Putin had "shown absolutely zero indication that he's willing to negotiate" an end to the war, which began when Moscow sent troops into Ukraine on February 24.
"Quite the contrary," Mr Kirby said. "Everything he is doing on the ground and in the air bespeaks a man who wants to continue to visit violence upon the Ukrainian people" and "escalate the war".
He repeated that Mr Biden was open to talks with Mr Putin, but only after the Russian leader "showed a seriousness about negotiations" and after consultations with Ukraine and US allies.
Putin's inner circle – in pictures
Russia has persistently said it is open to negotiations, but Ukraine and its allies suspect a ploy to buy time afterRussian defeats and retreats that have swung the momentum of the 10-month war in favour of Kyiv.
"I have said many times: the intensification of hostilities leads to unjustified losses," Mr Putin said.
"All armed conflicts end one way or another, with some kind of negotiations on the diplomatic track.
"Sooner or later, any parties in a state of conflict sit down and make an agreement. The sooner this realisation comes to those who oppose us, the better. We have never given up on this."
Russia says it is Ukraine that is refusing to talk. Kyiv says Russia must first halt its attacks and give up all of the territory it has seized.
Ukraine latest — in pictures
Mr Putin also played down the significance of the Patriot air-defence system that Mr Biden agreed to supply to Mr Zelenskyy, saying Russia would find a way to counter it.
He said it was "quite old" and did not work like Russia's S-300 system.
"An antidote will always be found," Mr Putin said, adding that Russia would "crack" the Patriots.
"So those who do it are doing it in vain. It's just prolonging the conflict, that's all."
Mr Putin also said a price cap imposed on Russian oil by western countries, designed to limit its ability to fund the war, would not damage the Russian economy.
He said he would sign a decree early next week to set out Russia's response.
Putin sounds out Russian military chiefs on progress of Ukraine war - video
MATCH INFO
Uefa Champions League semi-final, first leg
Tottenham 0-1 Ajax, Tuesday
Second leg
Ajax v Tottenham, Wednesday, May 8, 11pm
Game is on BeIN Sports
Short-term let permits explained
Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.
Tenants also require a letter of no objection from their landlord before being allowed to list the property.
There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.
Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.
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- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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LIVING IN...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.