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LIVE: Bloomberg Quicktake Latest News for March 16
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March 16, 2022
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Now Playing(Mar. 16) A Kremlin spokesman said that a neutral Ukraine with its own army could be a possible compromise in the current crisis while Kyiv said it needed firm security guarantees in any outcome. The two sides are scheduled for another round of talks on Wednesday.
Ukrainian President Volodymyr Zelenskiy said Russia’s “positions in the negotiations sound more realistic,” but Russian President Vladimir Putin said earlier that Ukraine’s leadership wasn’t “serious” about resolving the conflict.
Russian forces continue to strike infrastructure targets while the overall military situation is largely unchanged, Ukraine’s military said. The state emergency service said a shell hit a 12-story apartment building in Kyiv, causing a fire and injuries. Russia’s Defense Ministry said its forces are advancing through urban areas in the Luhansk region town of Sievierodonetsk.
NATO defense ministers are in Brussels to discuss ways to reinforce the alliance’s eastern members and prevent spillover from the war in Ukraine, a risk illustrated by recent crashes of drones. President Joe Biden will travel to Europe for NATO and European Union summits next week. Zelenskiy will deliver a virtual address to the U.S. Congress on Wednesday.
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