US to announce'substantial' Russia sanctions The US government will impose a substantial pickup in sanctions against Russia as the fighting in Ukraine continues, according to US Treasury Secretary Scott Bessent. Bessent's comments came just before Nato Secretary-General Mark Rutte was due at the White House, in which he said he hopes to discuss how to deliver Trump's vision of peace in the conflict. Earlier in the day, Rutte said he believes that Trump is the only one who can get this done. At least seven people were killed, including two children, during intense Russian drone and missile strikes on Ukraine - just hours after Trump said plans for a meeting with Vladimir Putin in Budapest had been shelved. Bessent provided no further details on the incoming sanctions, but said they would be announced either after the close this afternoon or first thing tomorrow morning.

At least seven people have been killed including two children during intense Russian drone and missile strikes on Ukraine, says President Volodymyr Zelensky. A kindergarten was hit in Ukraine's second biggest city Kharkiv and there was widespread damage in Kyiv, in a series of attacks that Zelensky said proved Moscow had not come under enough pressure for its continued war. At least 27 people including children are reported hurt. Hours earlier, US President Donald Trump said his plans for an imminent summit in Budapest with Russia's Vladimir Putin had been shelved as he did not want a wasted meeting. The Kremlin has rejected calls for a ceasefire along the current front lines made both by Trump and European leaders.