Russian President Vladimir Putin said US President Joe Biden's remarks about him reflect the US's past and current problems after Mr Biden on Wednesday called him a killer.
In an interview, Mr Biden said "I do" when asked whether he thought the Russian president was a killer.
Mr Putin said on Thursday he was ready to hold public online talks with Mr Biden on Friday or Monday.
Mr Putin, speaking on state TV, said he was ready to discuss bilateral relations with the US as well as other issues such as regional conflicts.
After Mr Biden's comment, Russia on Wednesday said it was recalling its ambassador in Washington for consultations.
Asked about Mr Biden’s remarks during a video call with residents of Crimea marking the anniversary of its 2014 annexation from Ukraine, Mr Putin said that they reflected the United States’ own troubled past.
The Russian leader pointed at America's past history of slaughtering Native Americans and slavery, arguing that the painful legacy weighed on the United States.
“Otherwise where would the Black Lives Matter movement come from,” he said.
But Russia would still co-operate with the United States where it answers Moscow’s interests, he said.
Mr Putin’s spokesman Dmitry Peskov deplored what he called “very bad remarks by the US president” that made it clear that “he doesn’t want to normalise relations”.
"We will proceed accordingly," Mr Peskov said, noting that "there was nothing like that in history."
He would not answer questions about the possibility that Russia could go so far as to end diplomatic ties with the US.
Konstantin Kosachev, a deputy speaker of the Russian parliament’s upper house, said Mr Biden’s “boorish statement” was a watershed.
“Such assessments are inadmissible for a statesman of his rank,” Mr Kosachev said. “Such statements are unacceptable under any circumstances. They inevitably lead to a sharp exacerbation of our bilateral ties.”
Mr Kosachev said that Russia's response would not be limited to recalling the Russian ambassador "if the American side fails to offer explanation and excuse". He did not elaborate on what other action the Kremlin may take.
While announcing the decision to recall the Russian ambassador in Washington, Russian Foreign Ministry spokeswoman Maria Zakharova blamed the US for bringing bilateral ties to a “dead end”. “We are interested in preventing their irreversible degradation, if the Americans are aware of the associated risks,” she said.
Commenting on the Russian move on Wednesday, White House spokeswoman Jen Psaki emphasised that “we will be direct, we will speak out on areas where we have concerns, and it will certainly be, as the president said last night – certainly, the Russians will be held accountable for the actions that they have taken”.
The exchange of tough statements came on the heels of a declassified report from the US national intelligence director’s office that finds Mr Putin authorised influence operations to help Donald Trump in last November’s presidential election.
“[Putin] will pay a price,” Mr Biden said in the interview, asked about the declassified report.
Russia's relations with the US and the European Union plunged to post-Cold War lows after Moscow's 2014 annexation of Ukraine's Crimean Peninsula, election meddling, hacking attacks and, most recently, the jailing of Russia's opposition leader Alexei Navalny after he had been poisoned, which he blamed on the Kremlin. The Russian authorities rejected the accusations.
Roll of honour 2019-2020
Dubai Rugby Sevens
Winners: Dubai Hurricanes
Runners up: Bahrain
West Asia Premiership
Winners: Bahrain
Runners up: UAE Premiership
UAE Premiership
Winners: Dubai Exiles
Runners up: Dubai Hurricanes
UAE Division One
Winners: Abu Dhabi Saracens
Runners up: Dubai Hurricanes II
UAE Division Two
Winners: Barrelhouse
Runners up: RAK Rugby
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Company%C2%A0profile
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UAE currency: the story behind the money in your pockets
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
Sukuk explained
Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.
PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
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Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
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Company profile
Company: Verity
Date started: May 2021
Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif
Based: Dubai
Sector: FinTech
Size: four team members
Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000
Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors
Profile of Hala Insurance
Date Started: September 2018
Founders: Walid and Karim Dib
Based: Abu Dhabi
Employees: Nine
Amount raised: $1.2 million
Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions