First Round of Talks Between Russia and Ukraine Yields No Cease-Fire Agreement
The first round of talks between Russia and Ukraine delegations on Monday did not yield a cease-fire agreement. Both parties returned to their capital cities for consultations and have agreed to meet again in the coming days.
Russian forces continue to make advances into major Ukrainian cities. On Sunday, Russian artillery hit a military base in Okhtyrka, a city located between Kharvik and the capital Kyiv. The following day, Kharkiv, Ukraine’s second-largest city, was targeted by Russian rocket attacks that killed at least 11 people, said Oleg Synegubov, the Kharkiv region head. Preliminary figures report that at least 136 Ukrainian civilians had been killed by Russia’s assault, according to the U.N. human rights office.
According to the United Nations High Commissioner for Refugees, an estimated 370,000 Ukrainians have fled Ukraine since the country was invaded by Russia last week. The U.N. estimates that the evacuation could swell to as many as 5 million individuals. Volatility continues to grip the global marketplace as Vladimir Putin’s invasion of Ukraine entered its sixth day today.
US stocks and commodity markets are reacting severely to the war amid widespread uncertainty surrounding the future of Ukraine. Ukraine is one of the world’s top corn and wheat producers and exporters. Along with crude oil, Russia is a major producer of metals including aluminum. In recent sessions, grain futures on the CME are posting drastic price fluctuations. In early action Tuesday, ..
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required.
Password is required.