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Free Access10:00ET 15:00 GMT: Biden And Erdogan To Hold Call On Ukraine
10:00ET 15:00 GMT: US President Joe Biden will hold a phone call with Turkish President Recep Tayyip Erdoğan to discuss the latest developments regarding Russia and Ukraine.
- The call follows a diplomatic summit in Turkey today between Russian Foreign Minster Sergei Lavrov and Ukrainian Foreign Minister Dmytro Kuleba which failed to deliver substantive progress towards a ceasefire. Lavrov stated that ceasefire talks will continue to take place in Belarus according to the format which has engaged in three rounds of talks so far.
- Erdgoan is consider the most likely NATO leader to have carry diplomatic weight with Russian President Vladimir Putin as the two have had a historically strong relationship.
- Turkey and Russia have collaborated closely on defence, particularly in the Turkish purchase of a Russian s-400 defence system, a move which was critised by NATO.
- The 2020 war in Nagorno-Karabakh destabilised the relationship between Putin and Erdogan and many in Russia perceived that the joint military operation between Turkey and Azerbaijan was a Turkish projection of power into the South Caucasus which is considered by the Kremlin to be part of the Russian sphere of influence.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.