Follow live updates from NBC News as Russian President Vladimir Putin speaks at his annual year-end news conference on Ukraine, peace, war and Trump.

President Vladimir Putin said on Wednesday Russia would take more land in Ukraine by force if Kyiv and European politicians whom he cast as "young pigs" did not engage over U.S. proposals for a peace settlement.

Ukrainian President Volodymyr Zelenskyy says a "very workable" peace plan to end the war in Ukraine could be presented to Russia within days.

US President Donald Trump's advice to Ukraine to "move quickly" comes ahead of fresh talks expected in Miami, Florida. The Miami talks come after two days of negotiations with the Ukrainian delegation in Berlin,

As they push for peace between Russia and Ukraine, President Donald Trump and his team are dangling the prospect of an investment bonanza once the killing stops. The glittering potential returns—Oil!

President Alexander Lukashenko said the Oreshnik, an intermediate range ballistic missile system, arrived in the country on Wednesday and is entering combat duty. He didn't say how many missiles have been deployed or give any other details.

Russia is making "unreasonable" demands in a U.S.-brokered push for peace with Ukraine, Italian Prime Minister Giorgia Meloni said on Wednesday ahead of a summit of EU leaders. Meloni also told the Italian parliament that finding a legal way to use frozen Russian assets to help finance Ukraine remained "far from easy".

President Donald Trump says that Russia and Ukraine are closer to peace than they have ever been