FM Kuleba Says Ukraine Not Interested in Political Concessions, Must Win the War

LOCAL NEWS

• Ukrainian FM Kuleba says Ukraine has no other choice but to win the war as he ruled out political concessions to Russia that could lead to a ceasefire.
  • Says this was a war for Ukraine’s existence, and it was important to stop Russian forces now as Putin does not recognise Ukraine’s right to exist. Says victory entails restoring Ukraine to its internationally recognised borders - Sky
• President Erdogan says he will not support Finland & Sweden’s NATO bid. Erdogan said they “should not tire themselves” by coming to Ankara to convince Turkey to approve their status as they continue to harbour terrorists (PKK).
  • Erdogan said he cannot approve nations that apply sanctions against Turkey (ban on weapons sales to Turkey). Meetings were expected to be held in Ankara yesterday on the issue. – Sabah
• Russia reduced the volume of investments in US government securities to $ 2.003 billion in March, which is almost half the amount registered in February ($ 3.753 billion). According to the agency, long-term bonds in March amounted to $ 2 million, as in February. Short-term bonds totalled $2.001 billion in March, up from $3.751 billion in February. - RBC
• Russia’s MFA says G7 sanctions have worsened global food shortages. “attempts to divert Russia economically and logistically from long-standing channels of information are only exacerbating economic & Food crises.”
  • Over the weekend the G7 vowed to reinforce Russian political & economic solation and tackle the “wheat war” – RTRS

Data/Events:

• Lavrov to speak on Russia and the multipolar world at knowledge event in Moscow
• 1400BST: CBR reports non-resident holdings of Russian