Biden: US-Russia Relations at "Low Point", Putin Expects to Restore Contacts, Dialogue

LOCAL NEWS (public holiday, Markets Open)

• Biden agrees US-Russia relations are at a low point, but acknowledged some areas of possible cooperation "if Russia can act in accordance with international norms."
  • Putin says he expects the Biden Summit to restore contacts and Establish dialogue. Additionally, US debt sanctions announced on 15 April are due to officially come into force today
• G7 calls for stable, predictable relations with Russia, urging Moscow to stop its destablising behaviour in an official communique (Sunday).
  • Called on Moscow to address cyber-crimes and end its crackdown on social freedoms. Also pointed out the importance of the Normandy format, implementation of Minsk agreements and for Russian to withdraw troops from Crimea to stabilize Ukraine relations
• Putin says Russia is ready to extradite cyber criminals to the US on a reciprocal basis, calling cyber-security one of its most important issues.
• Russia Registers a new high of 14,723 cases over the weekend, reaching Feb 13 2021 levels
• US navy warship crosses the Bosporus, enters the Black Sea ahead of Biden-Putin meeting in a show of support for Ukraine - Anadolu Agency