ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

‘Serious’ talk between Joe Biden, Putin sets stage for diplomacy

U.S. President Joe Biden and Russian President Vladimir Putin exchanged warnings about Ukraine on Thursday  but were optimistic that diplomatic talks in January could ease rising tensions. In a 50-minute call, their second conversation this month, Biden said he had to see Russia downsize its military near Ukraine, while Putin said sanctions threatened by Washington and its allies could lead to a break in relations. "President Joe Biden reiterated that substantial progress in these dialogues can  only be achieved in an environment of de-escalation rather than escalation," said White House press secretary Jen Psaki. Kremlin adviser Yuri Ushakov said the call created "a good background" for future talks. The exchanges of heads of state and government laid the groundwork for lower-level engagement between  countries, including a security meeting between the United States and Russia in January 9-10, followed by a Russia-NATO meeting on January 12 and a wider conference that will be attended by Moscow, Washington and other European countries, scheduled for January 13th. Despite talks about diplomacy, officials on both sides described the tone of the call  as "serious". And none of the countries detailed any significant progress towards a solution or the outline of an agreement. In Kiev, leaders worry about the 60,000 to 90,000 Russian soldiers who have gathered in the north, east and south. Washington wasn't convinced by a report over the weekend that Russia would withdraw about 10,000 soldiers, and officials said they saw little evidence of a reduction. Airspace for the first time earlier this week, although various types of surveillance aircraft are common in the area. For his part, Biden reiterated his threat of unprecedented sanctions if Russia chooses to invade Ukraine. "Joe Biden has taken two avenues," including diplomacy and deterrence, including "serious costs and consequences," said a senior civil servant. “Both leaders admitted that there are likely  areas where we could make significant progress and areas where agreement may not be possible, and that  upcoming talks would define the outline of each of these categories. Ushakov said Putin "reacted immediately" that any sanction now or later "could lead to a complete severing of ties between our countries". Moscow's troop deployments over the past two months alarmed the West after the Ukraine's Crimea Peninsula was captured in 2014 and  separatists supported troops on its own soil as it chooses.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.