Putin’s ceasefire demands, alcohol tariffs and Versace

Russian President Vladimir Putin says he agrees to a U.S.-backed ceasefire in Ukraine in principle, but that the proposal needs serious reworking. U.S. President Donald Trump threatens to slap a 200% taruffs on alcohol from Europe. And Donatella Versace steps down as the design chief, in a move that’s fanned talk of a sale to rival fashion house Prada. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices