Free Trial

Biden Speaks On Ukraine Crisis

WHITE HOUSE

US is ready to respond decisively to Russian attack on Ukraine which is still a possibility.

  • Biden: ‘I spoke with Putin yesterday to make clear we are ready to continue high level diplomacy and address legitimate security concerns.’
  • Yesterday Russia agreed to continue diplomacy and Biden agreed.
  • 'The US has put forward concrete proposals to improve security concerns. These will apply to all parties. Russia and NATO alike. New arms control measures. New transparency measures. New strategic stability measures.'
  • 'We will not sacrifice basic principles though. Nations have a right to sovereignty and territorial integrity. Countries can chose their own course but this still leaves room for diplomacy and de-escalation.'
  • As long as there is hope for diplomatic resolution, we will pursue it. Russian defence ministry reported some units are leaving but US has not verified this yet. Analysts believes they are still in a very threatening position.
  • Invasion remains distinctly possible and Americans should leave Ukraine now.
  • If Russia attacks Ukraine it will be a war of choice not of necessity. US and partners will respond decisively in the event of war and inflict considerable pain on Russia. Long term sanctions are ready to go and affect Russia economically in a significant way. Nordstream 2 will be stopped.

To read the full story

Close

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.