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Free AccessFlurry Of Diplomacy Continues As Ukraine Crisis Escalates
- Renewed flurry of diplomatic activity comes amid concerns that Russia has amassed enough troops on the Ukrainian border to launch an offensive "any day now." U.S. National Security Adviser Jake Sullivan said as much over the weekend, adding that an invasion could take place before the end of the Beijing Olympics. Meanwhile, senior U.S. officials refused to confirm earlier reports that Russia could attack as soon as on Wednesday but stressed that a Russian invasion could take place any day.
- Having cut his family holiday short due to the tense international situation, UK Defence Secretary Ben Wallace said a Russian offensive is "highly likely" and could now happen "at any time." He likened some of the diplomatic efforts to diffuse the crisis to appeasement, noting that Russia could still back down but "there is a whiff of Munich in the air from some in the West." His comments were criticised by Ukraine's ambassador to the UK, who told the BBC that "it's not the best time for us to offend our partners in the world, reminding them of this act which actually did not bring peace but the opposite, it bought war."
- Wallace's remarks came on the heels of a phone call between French President Emmanuel Macron and his Russian counterpart Vladimir Putin. The Élysée Palace said that the Russian leader gave "no indication" that he was preparing to attack Ukraine.
- The French presidency stressed that the positions of Paris and Berlin are "perfectly aligned," with German Chancellor Olaf Scholz set to visit Kyiv on Monday before touching down in Moscow on Tuesday. German government officials told the FT that Scholz would urge Putin to de-escalate the crisis and warn him of “how grave the consequences of an attack would be.” They played down the chances that "we'll come out of this with some kind of concrete result."
- Poland's Interior Minister Mariusz Kamiński tweeted that Ukraine's is preparing for a potential influx of refugees from Ukraine. Earlier reports suggested that the government has asked municipal authorities to draft appropriate logistical plans within 48 hours.
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Why MNI
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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.