Zürcher Nachrichten - Biden call to allies kicks off crucial week for West's Ukraine strategy

EUR -
AED 3.902662
AFN 71.721309
ALL 97.379693
AMD 411.736337
ANG 1.916033
AOA 969.546232
ARS 1060.127839
AUD 1.625131
AWG 1.914127
AZN 1.801069
BAM 1.95799
BBD 2.146602
BDT 127.04809
BGN 1.957961
BHD 0.40045
BIF 3079.178589
BMD 1.062518
BND 1.422859
BOB 7.372594
BRL 6.109269
BSD 1.063139
BTN 89.778648
BWP 14.463859
BYN 3.479155
BYR 20825.362437
BZD 2.142898
CAD 1.481204
CDF 3048.36535
CHF 0.93686
CLF 0.037964
CLP 1047.547807
CNY 7.684238
COP 4713.916414
CRC 544.034137
CUC 1.062518
CUP 28.15674
CVE 110.873467
CZK 25.383911
DJF 188.83088
DKK 7.460262
DOP 64.017024
DZD 141.785204
EGP 52.286219
ETB 129.094855
FJD 2.403428
GBP 0.833407
GEL 2.911181
GHS 17.441278
GMD 75.96944
GNF 9170.597089
GTQ 8.215576
GYD 222.406682
HKD 8.263897
HNL 26.62657
HTG 139.832992
HUF 410.833148
IDR 16783.435843
ILS 3.990905
INR 89.664885
IQD 1391.899224
IRR 44737.341364
ISK 147.509645
JMD 168.928957
JOD 0.753435
JPY 164.266469
KES 137.598404
KGS 91.590977
KHR 4308.512491
KMF 489.156922
KRW 1495.616936
KWD 0.326842
KYD 0.885933
KZT 527.584963
LAK 23332.906547
LBP 95201.656596
LKR 310.88237
LRD 196.937992
LSL 19.305457
LTL 3.137341
LVL 0.642707
LYD 5.169153
MAD 10.541246
MDL 19.030182
MGA 4930.08572
MKD 61.689003
MMK 3451.018615
MOP 8.517928
MRU 42.388737
MUR 50.055102
MVR 16.426769
MWK 1843.46991
MXN 21.859829
MYR 4.714381
MZN 67.921539
NAD 19.306154
NGN 1777.25314
NIO 39.074133
NOK 11.766909
NPR 143.645436
NZD 1.791815
OMR 0.409087
PAB 1.063139
PEN 4.025844
PGK 4.265746
PHP 62.428268
PKR 295.327037
PLN 4.352023
PYG 8306.291093
QAR 3.868364
RON 4.977046
RSD 116.988606
RUB 104.392478
RWF 1451.40026
SAR 3.992277
SBD 8.862205
SCR 14.442803
SDG 639.107629
SEK 11.579093
SGD 1.422059
SLE 24.21852
SOS 607.24094
SRD 37.43785
STD 21991.987562
SVC 9.302844
SZL 18.732581
THB 36.986341
TJS 11.300434
TMT 3.72944
TND 3.344276
TOP 2.488527
TRY 36.515562
TTD 7.224421
TWD 34.473942
TZS 2828.280754
UAH 44.030751
UGX 3906.553553
USD 1.062518
UYU 44.822246
UZS 13632.112684
VES 47.682447
VND 26934.843765
XAF 656.722488
XCD 2.871509
XDR 0.800934
XOF 646.010986
XPF 119.331742
YER 265.443696
ZAR 19.237269
ZMK 9563.943308
ZMW 28.943737
ZWL 342.130521
  • RBGPF

    0.0300

    60.22

    +0.05%

  • CMSC

    -0.1800

    24.54

    -0.73%

  • RYCEF

    -0.1700

    7.16

    -2.37%

  • RELX

    -1.2100

    46.59

    -2.6%

  • BP

    -0.7600

    28.16

    -2.7%

  • BTI

    0.0900

    35.24

    +0.26%

  • VOD

    -0.8500

    8.47

    -10.04%

  • SCS

    0.0200

    13.67

    +0.15%

  • NGG

    -1.2400

    62.9

    -1.97%

  • RIO

    -1.4000

    61.2

    -2.29%

  • GSK

    -0.8300

    35.52

    -2.34%

  • BCC

    -2.0100

    141.13

    -1.42%

  • CMSD

    -0.2100

    24.75

    -0.85%

  • AZN

    0.4000

    65.19

    +0.61%

  • BCE

    -0.1600

    27.69

    -0.58%

  • JRI

    -0.3000

    13.22

    -2.27%

Biden call to allies kicks off crucial week for West's Ukraine strategy
Biden call to allies kicks off crucial week for West's Ukraine strategy

Biden call to allies kicks off crucial week for West's Ukraine strategy

President Joe Biden was talking by phone with key European allies Monday ahead of attending NATO and EU summits, followed by a trip to Poland, in a crucial week for the Western response to Russia's invasion of Ukraine.

Text size:

The White House said Biden was hosting the call with French President Emmanuel Macron, German Chancellor Olaf Scholz, Italian Prime Minister Mario Draghi and UK Prime Minister Boris Johnson "to discuss their coordinated responses to Russia's unprovoked and unjustified attack on Ukraine."

Later, Biden will join prominent CEOs in Washington at a roundtable where the economic squeeze on Russia -- and likely the complications for US businesses -- is also on the table.

This kicks off the most momentous foreign trip of Biden's presidency so far, with Thursday's summits in Brussels and talks with President Andrzej Duda in Poland, on the frontline of the West's confrontation with Russia, Saturday.

Russia's war is about to enter its second month and US and Western allies have imposed unprecedented sanctions on Moscow, crippling the ruble and stock market, while going after President Vladimir Putin's wealthy supporters.

On the ground in Ukraine, Western-supplied weapons, backed by years of training and funding, have helped the country's military to bloody the Russian invaders on multiple fronts.

However, with the war starting to look like a stalemate, Ukrainian President Volodymyr Zelensky is making increasingly desperate appeals for the West to do more.

- Hard decisions -

What those additional steps could be remains far from obvious, as Biden and his European allies ponder the blowback from their sanctions on Russia and also the potential danger of wider war if they expand military assistance to Ukraine.

One big hole in the sanctions regime is China, the world's second biggest economy. Beijing is refusing even to condemn ally Russia and a nearly two-hour talk between Biden and his Chinese counterpart Xi Jinping on Friday appeared to result in no change.

While the sanctions have sent severe shockwaves through Russia's economy, US and especially European economies -- which rely heavily on Russian energy imports -- are likewise vulnerable.

The United States and Britain have already announced their own bans on Russian oil imports. A wider ban by EU countries would mark a huge escalation hurting Moscow -- but also Western consumers.

Brent North Sea crude traded at $114.55 a barrel early Monday and earlier this month hit $139, up from about $79 at the beginning of the year.

A broad oil embargo "will hit everyone," Kremlin spokesman Dmitry Peskov warned.

Neither is there an easy path to significantly bolstering Ukraine's military.

Zelensky is pleading for more powerful tools beyond the hugely effective but limited anti-tank rockets and Stinger missiles used to hit low flying aircraft.

But Biden has firmly rejected Zelensky's calls for a NATO-imposed no-fly zone, saying this would require the United States to go to war against Russia.

The alliance has also stumbled over a failed push by Poland to send Soviet-designed MiG-29 fighter jets to Ukraine through a US air base. Again, Washington said this would risk Russia declaring that NATO had actively entered the war.

Now, there is growing discussion about furnishing Ukraine with another piece of Russian-origin technology -- the S-300 anti-aircraft system. This would be a big step up for Ukraine's defenders, because the missiles can hit planes at high altitude.

Slovakia says it is willing to provide the system it has in its arsenal to Ukraine, but only if NATO provides a replacement for its own defense.

One thing Biden won't be doing this week, the White House says, is making the risky, but hugely symbolic trip to Kyiv himself.

Polish Prime Minister Mateusz Morawiecki, along with the Czech and Slovenian prime ministers, traveled to the embattled capital last week. But "there are no plans to travel into Ukraine," White House Press Secretary Jen Psaki said.

D.Graf--NZN