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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.
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Zelensky Says He Hopes Peace Summit Can Be Held In Autumn
Reuters carrying a headline from Ukrainian President Volodymyr Zelensky stating: "He hopes peace summit can be held this autumn."
- The comments come as Kyiv continues to make negligible progress in its counteroffensive. Pentagon officials told Politico this week that, "gains are being measured in the hundreds of meters."
- An official said: “They are making mostly small, incremental gains... They are still facing stiff Russian resistance — second and third layers of defenses.”
- Pentagon Press Secretary Brig Gen Pat Ryder told reporters yesterday: “It has and will continue to be a tough fight for them.”
- A lack of battlefield progress may increase the prospect of diplomatic negotiations, with the next key event, a National Security Advisor-level summit scheduled to take place in Jeddah, Saudi Arabia, August 5-6.
- The prevailing view is that the Jeddah summit is unlikely to produce any concrete result but help build a platform for more constructive dialogue between ambivalent powers of the 'Global South' and the Western-led Ukraine alliance.
- The summit will also raise the profile of both Saudi Arabia and Turkey as middle-power arbiters in the conflict. Both of which have had notable recent diplomatic successes with Russia.
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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.