Ukrainian President Volodymyr Zelenskyy. AP
Ukrainian President Volodymyr Zelenskyy. AP
Ukrainian President Volodymyr Zelenskyy. AP
Ukrainian President Volodymyr Zelenskyy. AP

Volodymyr Zelenskyy says Ukraine looking at neutrality before next conflict talks


Soraya Ebrahimi
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Ukrainian President Volodymyr Zelenksyy said on Sunday that a Russian demand for the country's neutrality — a key issue for Moscow at conflict negotiations — was being closely looked at by Kyiv's negotiators.

"This point of the negotiations is understandable to me and it is being discussed, it is being carefully studied," Mr Zelenskyy told independent Russian news outlets.

The Kremlin this month said Sweden and Austria offered models of neutrality that Ukraine could adopt to help end Russia's invasion.

Ukraine rejected the proposal, saying only Kyiv could design a system that would be acceptable to Ukrainians.

Mr Zelenskyy accused Russian President Vladimir Putin of dragging out negotiations and prolonging the conflict.

"We have to come to an agreement with the President of the Russian Federation," he said. "But to reach an agreement, he has to get up from where he is and come and meet me."

  • A woman walks past a poster depicting Russian President Vladimir Putin holding his own body, as Russia's invasion of Ukraine continues, in Sofia, Bulgaria. Reuters
    A woman walks past a poster depicting Russian President Vladimir Putin holding his own body, as Russia's invasion of Ukraine continues, in Sofia, Bulgaria. Reuters
  • A man walks past a residential area destroyed by a rocket strike in Kyiv. Getty Images
    A man walks past a residential area destroyed by a rocket strike in Kyiv. Getty Images
  • Ukraine refugees wait in the train station in Przemysl, near the Polish-Ukrainian border. More than 3.8 million have fled Ukraine since Russia's invasion. AFP
    Ukraine refugees wait in the train station in Przemysl, near the Polish-Ukrainian border. More than 3.8 million have fled Ukraine since Russia's invasion. AFP
  • Ukrainian civilians receive weapons training at a shooting range in Brno, Czech Republic. EPA
    Ukrainian civilians receive weapons training at a shooting range in Brno, Czech Republic. EPA
  • A Ukrainian special police officer patrols near a destroyed building during the night curfew in Kharkiv. AP Photo
    A Ukrainian special police officer patrols near a destroyed building during the night curfew in Kharkiv. AP Photo
  • A Ukrainian serviceman walks past the wreck of a Russian tank in Lukyanivka, Kyiv. Reuters
    A Ukrainian serviceman walks past the wreck of a Russian tank in Lukyanivka, Kyiv. Reuters
  • Ukrainian Air Force jets take part in a defence drill over an unidentified location. Reuters
    Ukrainian Air Force jets take part in a defence drill over an unidentified location. Reuters
  • Valentina Demura, 70, near the ruins of her home in apartment block in the besieged southern port city of Mariupol. Reuters
    Valentina Demura, 70, near the ruins of her home in apartment block in the besieged southern port city of Mariupol. Reuters
  • A message of support for Ukraine at the 94th Academy Awards in Hollywood, Los Angeles, California. Reuters
    A message of support for Ukraine at the 94th Academy Awards in Hollywood, Los Angeles, California. Reuters
  • The widow of sergeant Kostiantyn Deriuhin stands at her husband's grave after his funeral at Lychakiv cemetery in Lviv, Ukraine. Reuters
    The widow of sergeant Kostiantyn Deriuhin stands at her husband's grave after his funeral at Lychakiv cemetery in Lviv, Ukraine. Reuters
  • A walk amid the ruins after a Russian attack in Byshiv on the outskirts of Kyiv, Ukraine. AP
    A walk amid the ruins after a Russian attack in Byshiv on the outskirts of Kyiv, Ukraine. AP
  • A soldier of the Ukrainian territorial defence forces gives a salute during a break in digging a foxhole at Kalynivka, on the outskirts of Kyiv, Ukraine. AP
    A soldier of the Ukrainian territorial defence forces gives a salute during a break in digging a foxhole at Kalynivka, on the outskirts of Kyiv, Ukraine. AP
  • A bust adorned with a headband in the colours of the Ukraine flag at a checkpoint in Kyiv, Ukraine. AP
    A bust adorned with a headband in the colours of the Ukraine flag at a checkpoint in Kyiv, Ukraine. AP
  • The Cheremosh Folk Song and Dance Ensemble performs in the streets of the Old Town in Lviv, Ukraine. Getty
    The Cheremosh Folk Song and Dance Ensemble performs in the streets of the Old Town in Lviv, Ukraine. Getty
  • Eugene Grigorash says goodbye to his wife Victoria Grigorash and their seven-month-old son Roman as their bus leaves Lviv on its way to Poland. Getty
    Eugene Grigorash says goodbye to his wife Victoria Grigorash and their seven-month-old son Roman as their bus leaves Lviv on its way to Poland. Getty
  • People head for an air raid shelter after sirens sound across Lviv in Ukraine. Getty
    People head for an air raid shelter after sirens sound across Lviv in Ukraine. Getty
  • A pro-Ukraine rally at the Lincoln Memorial in Washington. EPA
    A pro-Ukraine rally at the Lincoln Memorial in Washington. EPA
  • The aftermath of an air strike on the western Ukrainian city of Lviv. AFP
    The aftermath of an air strike on the western Ukrainian city of Lviv. AFP
  • A protester weeps as she takes part in a 'mothers' march' for Ukraine, in New York. AFP
    A protester weeps as she takes part in a 'mothers' march' for Ukraine, in New York. AFP
  • Local people share a basement of a historical building which is being used as a bomb shelter during an air raid warning in Lviv. EPA
    Local people share a basement of a historical building which is being used as a bomb shelter during an air raid warning in Lviv. EPA
  • US President Joe Biden kisses a child while meeting refugees of Russia's war with Ukraine at PGE Narodowy Stadium in Warsaw, Poland. AFP
    US President Joe Biden kisses a child while meeting refugees of Russia's war with Ukraine at PGE Narodowy Stadium in Warsaw, Poland. AFP
  • A Ukrainian soldier stands guard at Independence Square in Kyiv. AFP
    A Ukrainian soldier stands guard at Independence Square in Kyiv. AFP
  • Municipal employees cover the city's monuments with sand bags to protect them from strikes in Kharkiv. AFP
    Municipal employees cover the city's monuments with sand bags to protect them from strikes in Kharkiv. AFP
  • Misha, 5, who lost his mother some weeks ago and got injured during a Russian strike, is helped by his grandfather to dress up in the basement of a hospital in Mykolaiv. AFP
    Misha, 5, who lost his mother some weeks ago and got injured during a Russian strike, is helped by his grandfather to dress up in the basement of a hospital in Mykolaiv. AFP
  • Ukrainian refugees rest in the ticket hall of Przemysl Glowny train station. Reuters
    Ukrainian refugees rest in the ticket hall of Przemysl Glowny train station. Reuters
  • A woman walks past destroyed houses in the village of Krasylivka outside Kyiv. Reuters
    A woman walks past destroyed houses in the village of Krasylivka outside Kyiv. Reuters
  • A man climbs up a ladder to examine his destroyed house in the village of Krasylivka outside Kyiv. Reuters
    A man climbs up a ladder to examine his destroyed house in the village of Krasylivka outside Kyiv. Reuters
  • Damage inside an Orthodox Church building in Yasnohorodka, on the outskirts of Kyiv. AP
    Damage inside an Orthodox Church building in Yasnohorodka, on the outskirts of Kyiv. AP
  • A Ukrainian soldier at a psychiatric hospital damaged by a Russian bombing, in Mykolaiv. AP
    A Ukrainian soldier at a psychiatric hospital damaged by a Russian bombing, in Mykolaiv. AP
  • Displaced people from Dnipro arrive in Lviv, in western Ukraine. Millions are internally displaced. Getty Images
    Displaced people from Dnipro arrive in Lviv, in western Ukraine. Millions are internally displaced. Getty Images
  • A destroyed school in Kharkiv. AFP
    A destroyed school in Kharkiv. AFP
  • A Ukrainian fighter on the front line in the north Kyiv region. Reuters
    A Ukrainian fighter on the front line in the north Kyiv region. Reuters
  • A resident walks past blazing buildings and vehicles after a Russian artillery strike in Kharkiv. AFP
    A resident walks past blazing buildings and vehicles after a Russian artillery strike in Kharkiv. AFP
  • Black smoke billows from a fuel depot near Kyiv that was used by the Ukrainian Army before it was hit by during a Russian strike. AP
    Black smoke billows from a fuel depot near Kyiv that was used by the Ukrainian Army before it was hit by during a Russian strike. AP
  • Masha, 26, checks her mobile phone at an air raid shelter inside a Kyiv metro station. Reuters
    Masha, 26, checks her mobile phone at an air raid shelter inside a Kyiv metro station. Reuters
  • A market on fire in Kharkiv after a Russian attack. AP
    A market on fire in Kharkiv after a Russian attack. AP
  • People try to recover items from a shop set on fire during a Russian attack in Kharkiv. AP
    People try to recover items from a shop set on fire during a Russian attack in Kharkiv. AP
  • Nastya Kuzyk, 20, who was injured in an attack on Chernihiv, is comforted by her mother Svitlana, 50, as she recovers in a Kyiv hospital. AP
    Nastya Kuzyk, 20, who was injured in an attack on Chernihiv, is comforted by her mother Svitlana, 50, as she recovers in a Kyiv hospital. AP

Russian regulator Roskomnadzor warned media outlets against broadcasting the interview with Mr Zelenskyy, saying they could be subject to investigation and action could be taken against them.

Negotiations to end more than a month of fighting in Ukraine have focused on disarmament and security guarantees, and Kyiv staying out of Nato.

The two sides are due to meet for a second round of direct talks next week in Turkey.

Ukraine said that round would take place in Turkey from Monday to Wednesday, just over one month into Russia's invasion of Ukraine, David Arakhamia, a Ukraine negotiator and politician, wrote on Facebook.

Russia's lead negotiator in the conflict, Vladimir Medinsky, confirmed the talks with Ukraine, but gave a slightly different time frame, saying they would start on Tuesday and end on Wednesday.

Russia and Ukraine failed to make a breakthrough in their first top-level talks, on March 10 in Antalya, since Moscow launched its invasion of Ukraine on February 24.

The two sides have held regular talks by video conference but offered scant hopes for any breakthroughs with both sides describing efforts as difficult.

Turkish President Recep Tayyip Erodgan said this week that Russia and Ukraine appeared to have reached an understanding on four out of six negotiating points.

They were Ukraine staying out of Nato, the use of Russian language in Ukraine, disarmament and security guarantees.

But Ukrainian Foreign Minister Dmytro Kuleba said on Friday that there was "no consensus" on key points with Russia.

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Conflict, drought, famine

Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

Band Aid

Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.

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COMPANY%20PROFILE%20
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

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Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes. 

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Updated: March 28, 2022, 4:06 AM