In This Edition

Key Takeaways

US and Chinese leaders hold high stake talks today on the Ukraine War. Russia averts sovereign default with payment of $117 million for coupons. Russian bombing campaign in Ukraine continued Western expansion. Analysis: Turkey Shifts to Pragmatic Approach to Foreign Affairs. Analysis: Ukraine War Update: Russian Default Averted, US-China Postering, Lviv Bombed.

Condition Updates

A rundown of important global risk developments in markets, in business, and region by region. 

Analysis: Turkey Shifts to Pragmatic Approach to Foreign Affairs

Russia’s invasion of Ukraine last month has made Turkey a relevant player in mediation efforts following almost a decade in which Turkish foreign policy has led to Ankara’s isolation in the region and beyond. Despite battleground setbacks and punitive sanctions by the West, Russian President Vladimir Putin has shown little sign of relenting and is continuing to expand westward its offensive.

Analysis: Ukraine War Update: Russian Default Averted, US-China Postering, Lviv Bombed