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Russia hits key Ukrainian railway hub, Ukraine strikes Russian military targets

China

Russia hits key Ukrainian railway hub, Ukraine strikes Russian military targets
China

China

Russia hits key Ukrainian railway hub, Ukraine strikes Russian military targets

2025-08-08 02:37 Last Updated At:04:17

Russia said on Thursday that its forces had damaged a key railway hub in Ukraine's central Dnipropetrovsk region over the past 24 hours, while Ukraine reported that it had hit several Russian targets, including landing craft and radar systems.

Russia's Ministry of Defense said in its latest briefing that the key railway hub was used to help Ukrainian forces transport weapons and military equipment to the Donbas region.

The General Staff of the Ukrainian Armed Forces said the attacks on Russian targets were carried out by combat drones, adding that in Crimea its drones also hit Russian air defense facilities.

Russian presidential aide Yury Ushakov said on Thursday that Russia and the United States have reached an agreement on a meeting between the two countries' presidents in the coming days.

At the proposal of the American side, an agreement was in principle reached to hold a bilateral high-level meeting in the coming days between President Vladimir Putin and Donald Trump, he said. Ushakov said Russian authorities have now launched concrete preparations in coordination with their American counterparts.

Answering a media inquiry on his possible meeting with Trump, Putin said Russia has many friends who are willing to help organize the meeting and United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan who he met in the Kremlin on Thursday is one of them. He added that the UAE is one of the suitable venues for holding the meeting.

Ukrainian President Volodymyr Zelensky said on Wednesday that he had held a phone call with U.S. President Donald Trump. He said Ukraine and its partner share a clear common position that the war must end.

Russia hits key Ukrainian railway hub, Ukraine strikes Russian military targets

Russia hits key Ukrainian railway hub, Ukraine strikes Russian military targets

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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