Russia holds its annual Victory Day parade and memorial events in Moscow’s Red Square on Saturday in a scaled-back format amid heightened security concerns from ongoing the Ukraine war. Multiple outlets report that the parade is reduced compared with pre-war years, including the absence of military hardware for the first time in nearly two decades and fewer foreign dignitaries. Putin delivers a combative address, framing Russia’s campaign in Ukraine as “just” and saying Russian soldiers face an “aggressive” force backed by the entire NATO bloc. The Kremlin’s position is presented alongside warnings it issued ahead of the event about potential consequences if Ukraine disrupted the proceedings.

The event takes place as a three-day Ukraine ceasefire agreed by both sides for the occasion appears to be holding. The truce follows a last-minute appeal from US President Donald Trump and is paired with a prisoner exchange. Ukrainian President Volodymyr Zelensky issues a decree ordering Ukraine’s military not to attack the parade and says his government will adhere to the ceasefire to enable the exchange.

Even with the ceasefire, outlets report that both sides exchange attacks around the period, while each side reports different drone numbers and impacts. Foreign leaders attending are mainly from Russia’s close allies, including Belarus’s Lukashenko and Slovak Prime Minister Robert Fico.