MARKET UPDATE

Decisions need to be taken by the West to reach nuclear deal, Iran negotiator says

Western partners in nuclear talks with Iran in Vienna have to make decisions on crucial issues to help reach an agreement, Iranian officials said on Thursday on Twitter (NYSE:TWTR).

Reuters reported last week that a U.S.-Iranian deal was taking shape to revive the pact, abandoned in 2018 by then-U.S. President Donald Trump, who also reimposed extensive sanctions on Iran.

 

Analyst reaction after Russian forces invade Ukraine

Russian forces fired missiles at Ukrainian cities and landed troops on its coast on Thursday, officials and media said, after President Vladimir Putin authorised what he called a special military operation in the east.

Following are reactions from analysts and economists in response to unfolding events inside Ukraine and on their implications.

 

Russia launches full-scale invasion of Ukraine

Russia launched an all-out invasion of Ukraine by land, air and sea on Thursday, the biggest attack by one state against another in Europe since World War Two and confirmation of the worst fears of the West.

Russian missiles rained down on Ukrainian cities. Ukraine reported columns of troops pouring across its borders into the eastern Chernihiv, Kharkiv and Luhansk regions, and landing by sea at the cities of Odessa and Mariupol in the south.

 

Greece says has secured energy supplies following Ukraine invasion

Prime Minister Kyriakos Mitsotakis said on Thursday that Greece has secured energy supplies after Russia launched a full-scale invasion of Ukraine.

“We are working on scenarios which have to do with the biggest possible absorption of fluctuations in energy prices,” Mitsotakis said.

 

EU to hit Russia with new sanctions over ‘barbaric’ attack on Ukraine

European Union leaders will impose new sanctions on Russia, freezing its assets, halting its banks’ access to European financial markets and targeting “Kremlin interests” over its “barbaric attack” on Ukraine, senior officials said on Thursday.

An emergency summit starting at 1900 GMT will also discuss offering EU candidate status to Ukraine, Lithuania’s President Gitanas Nauseda said, a step Kyiv has long called for, though it may not win approval from all EU leaders.

 

 

 

 

 

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