{"id":544380,"date":"2022-03-01T04:00:39","date_gmt":"2022-03-01T04:00:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/01\/talks-fail-to-broker-ceasefire-as-russia-ramps-up-assault-on-ukrainian-cities\/"},"modified":"2022-03-01T04:00:39","modified_gmt":"2022-03-01T04:00:39","slug":"talks-fail-to-broker-ceasefire-as-russia-ramps-up-assault-on-ukrainian-cities","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/01\/talks-fail-to-broker-ceasefire-as-russia-ramps-up-assault-on-ukrainian-cities\/","title":{"rendered":"Talks fail to broker ceasefire as Russia ramps up assault on Ukrainian cities"},"content":{"rendered":"

<\/a> \u201cSome progress\u201d \u2014 but no ceasefire agreement \u2014 was made in five hours of talks <\/strong>between Russian and Ukrainian officials yesterday<\/strong>, the Wall Street Journal<\/a> reports. Russian negotiators said the two sides had agreed to reconvene on the Polish-Belarusuian border in the coming days, without specifying a date, the Interfax news service reported yesterday, according to Bloomberg.<\/a><\/p>\n

ON THE BATTLEFIELD-<\/strong><\/p>\n

Talks were overshadowed by Russia\u2019s heavy assault on Kharkiv<\/strong>, Ukraine\u2019s second-largest city. At least 11 people were killed in some of the heaviest shelling so far, according toUkrainian officials,<\/a> while dozens were wounded as Russia targeted buildings with suspected cluster bombs.<\/p>\n

Ukraine <\/strong>asked its allies<\/a><\/strong> to enforce a no-fly zone over its airspace to stop the bombing<\/strong> \u2014 a request Western nations are unlikely to grant, as they have no intention of entering a direct conflict with Putin.<\/p>\n

Ukraine eyes \u201cwar bonds\u201d to fund its armed forces: <\/strong>The country\u2019s finance ministry is looking to borrow money from international investors \u201cto meet the needs of the armed forces of Ukraine and to ensure the uninterrupted provision of the state\u2019s financial needs under the war,\u201d it said in a statement yesterday, the Financial Times<\/a> reported.<\/p>\n

EGYPTIANS IN UKRAINE-<\/strong><\/p>\n

More than 1.2k students have now arrived safely in Poland from Ukraine<\/strong>, Emigration Minister Nabila Makram told Sada El Balad\u2019s Ahmed Moussa (watch, runtime: 5:49<\/a> | 8:37<\/a>), while 250 others have reached Romania.<\/p>\n

Egyptians with expired passports in Ukraine will be allowed to cross the border into <\/strong>Poland, <\/strong>the Egyptian embassy in Warsaw announced, according to Ahram Online<\/a>. Our embassy in Bucharest is also working on a similar arrangement with the Romanian government. A Romanian flight will take off for Cairo from Bucharest this evening. The foreign ministry has issued emergency directives to Egyptian embassies in countries neighboring Ukraine to provide transport and temporary housing to Egyptians fleeing the war over land borders, according to a statement<\/a>.<\/p>\n

FINANCIAL MELTDOWN IN MOSCOW-<\/strong><\/p>\n

Russia faces a financial meltdown as Western countries impose sanctions.<\/strong> The US imposed further \u201ccrushing\u201d sanctions on Russia including blocking transactions<\/a> involving the country\u2019s central bank, finance ministry or national wealth fund, while the EU has frozen the assets of several of Russia\u2019s most powerful oligarchs, who have close ties to President Vladimir Putin.<\/p>\n

The punitive measures sent the <\/strong>Russian currency crashing<\/strong> and resulted in frantic cash <\/strong>withdrawals <\/strong>by Russian citizens, many of whom are on the hunt for USDs and considering fleeing the country, according to a Financial Times<\/a> report.<\/p>\n

Russia took emergency measures to stabilize the RUB:<\/strong> Russia\u2019s central bank doubled<\/a>interest rates<\/a> to 20% to boost the sinking RUB, authorities instructed local exporters to sell 80% of their FX reserves, and Putin banned some foreign currency transfers<\/a> by Russian citizens. The RUB tumbled nearly 30%, before paring losses after the central bank\u2019s decisions. It closed at an 11.6% decline<\/a> \u2014 around 95 RUB to 1 USD.<\/p>\n

Global markets tumbled, with several US and European indexes falling.<\/strong> European financial institutions were hit hard, with those most exposed to Russian banks plunging between 9.5% and 14%<\/a>. Investors dumped Russian bonds<\/a> and went for safer assets including gold, which rose to cap its best month since May 2021, the Wall Street Journal<\/a> reported. The New York Stock Exchange and the Nasdaq halted trading<\/a> of several Russia-based stocks due to \u201cregulatory concern,\u201d said the NYSE website.<\/p>\n

RESHAPING THE WORLD ORDER- <\/strong><\/p>\n

Ukraine wants to join the EU *right now* as it searches for leverage in ceasefire <\/strong>negotiations: <\/strong>EU leaders may next week discuss the possibility of Ukraine joining the bloc, a senior EU official told Reuters<\/a>, after Ukrainian President Volodymyr Zelenskiy said he had signed an official request<\/a> for \u201cimmediate membership\u201d through a \u201cnew special procedure.\u201d The presidents of eight EU members have called for immediate talks<\/a>.<\/p>\n

Ukraine being admitted today will do nothing to shore up the EU\u2019s ties with Turkey<\/strong>, which has been dancing like an organ grinder\u2019s monkey trying to win membership for \u2026 just about a generation now? As with opening one\u2019s borders to refugees, apparently it helps in some quarters of Europe if you \u201clook like us\u201d?<\/a><\/p>\n

Switzerland broke its historical neutrality, saying it would match EU sanctions against <\/strong>Russia.<\/strong> The decision was \u201cunique and difficult\u201d but \u201cmorally\u201d imperative, Federal President Ignazio Cassis said yesterday, the Financial Times<\/a> reported.<\/p>\n

NATO holdout Finland is now openly debating whether to ask to join the military alliance<\/strong>, Politico<\/a> reports.<\/p>\n

FIFA and UEFA have suspended Russian national and club teams from all international <\/strong>football until further notice,<\/strong> potentially blocking Russian participation in the 2022 World Cup and women\u2019s Euro 2022<\/a>. \u201cFootball is fully united here and in full solidarity with all the people affected in Ukraine,\u201d the two organizations said yesterday.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cSome progress\u201d \u2014 but no ceasefire agreement \u2014 was made in five hours of talks between Russian and Ukrainian officials yesterday, the Wall Street Journal reports. Russian negotiators said the two sides had agreed to reconvene on the Polish-Belarusuian border in the coming days, without specifying a date, the Interfax news service reported yesterday, according […]<\/p>\n","protected":false},"author":1,"featured_media":544381,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7264],"tags":[82,72,7192,120,1244,1243,270,162,686,304,711,7263,1084],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-war-watch","tag-bonds","tag-enterpriseam","tag-eu","tag-nasdaq","tag-nyse","tag-poland","tag-russia","tag-sports","tag-switzerland","tag-ukraine","tag-vladimir-putin","tag-war","tag-war-watch","wpautop","entry"],"acf":{"mongo_id":"59cf5a97-295b-49c7-90d4-23c7823fa837","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/2.jpg","photo_position":"above","related_issue":[544376],"teaser":"","voice_url":""},"yoast_head":"\nTalks fail to broker ceasefire as Russia ramps up assault on Ukrainian cities - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/01\/talks-fail-to-broker-ceasefire-as-russia-ramps-up-assault-on-ukrainian-cities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Talks fail to broker ceasefire as Russia ramps up assault on Ukrainian cities\" \/>\n<meta property=\"og:description\" content=\"\u201cSome progress\u201d \u2014 but no ceasefire agreement \u2014 was made in five hours of talks between Russian and Ukrainian officials yesterday, the Wall Street Journal reports. 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Russia\u2019s Deputy Defense Minister Alexander Fomin said that military activity around the capital would be\u2026","rel":"","context":"In "WAR WATCH"","block_context":{"text":"WAR WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/war-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544925,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/28\/ukraine-ready-to-discuss-neutrality-territory-ahead-of-russia-peace-talks-zelensky\/","url_meta":{"origin":544380,"position":1},"title":"Ukraine ready to discuss neutrality, territory ahead of Russia peace talks -Zelensky","author":"enterpriseam admin","date":"28 March 2022","format":false,"excerpt":"Zelensky signals compromise ahead of new round of peace talks: Ukrainian President Volodymyr Zelensky has reiterated willingness to declare neutrality and potentially give up sovereignty over some parts of the country ahead of three days of peace talks, which start today in Turkey, France24 reports. \u201cSecurity guarantees and neutrality, non-nuclear\u2026","rel":"","context":"In "WAR WATCH"","block_context":{"text":"WAR WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/war-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/373.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544570,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/10\/ukraine-neutrality-sisi-talks-to-putin\/","url_meta":{"origin":544380,"position":2},"title":"Ukraine neutrality + Sisi talks to Putin","author":"enterpriseam admin","date":"10 March 2022","format":false,"excerpt":"Ukraine \u201cready for diplomatic solution\u201d: Ukraine is considering Russia\u2019s demand for neutrality in return for security guarantees but won\u2019t give up a \u201csingle inch of territory,\u201d a senior aide to President Volodymyr Zelenskiy told Bloomberg yesterday. \u201cWe are ready for a diplomatic solution,\u201d said Ihor Zhovkva, Zelenskiy\u2019s deputy chief of\u2026","rel":"","context":"In "WAR WATCH"","block_context":{"text":"WAR WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/war-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/122.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545601,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/arab-league-wants-to-mediate-a-ceasefire-in-russia-ukraine-war-moscow-wants-to-make-it-easier-for-tourists-to-travel-to-friendly-countries\/","url_meta":{"origin":544380,"position":3},"title":"Arab League wants to mediate a ceasefire in Russia-Ukraine war + Moscow wants to make it easier for tourists to travel to \u201cfriendly\u201d countries","author":"enterpriseam admin","date":"5 April 2022","format":false,"excerpt":"The Arab League is trying to negotiate peace for Ukraine: An Arab League delegation including Foreign Minister Shoukry said at a press conference in Moscow yesterday (watch, runtime: 26:21) that it had offered to mediate ceasefire talks between Russia and Ukraine. 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