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FirstFT: Russia and Ukraine talks fail to yield progress

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Russia Rejected the proposals of Ukraine For a temporary ceasefire and humanitarian aid to the besieged city of Mariupol in level talks that progressed slightly yesterday.

Dmitry Kolba, Ukraine’s foreign minister, and Sergei Lavrov, his Russian counterpart, have met in the Turkish city of Antalya in the most senior interaction between Kyiv and Moscow since Vladimir Putin ordered the invasion.

The talks took place in parallel with the worsening conditions in Mariupol. Residents lived in harsh conditions after basic toilets, including light, heating and water, fell from the Russian bombing.

More than Half of Ukraine’s economy has closed And $ 100 billion worth of infrastructure assets have been destroyed since the start of the war, according to President Vladimir Zalanski’s chief economic adviser.

Follow ours Live blog For the latest news from Ukraine and ours Updated maps For a visual guide to conflict.

More about Ukraine

1. The ECB reduces the incentive program The European Central Bank has Has reduced its bond purchase incentive program In response to the war driven by the war in Ukraine, while giving itself greater flexibility in the timing of this year’s potential rate hike.

2. A new armored vehicle in the UK puts a military overhaul at risk Ongoing delays in risking Ajax’s £ 5.5 billion armored vehicle program Undermines Britain’s planned reorganization of the militaryAccording to a dog-guard report on parliamentary spending. The body also warned that the Ministry of Defense was taking a risk Spend more than she can afford On new weapons and equipment.

3. Pierre Endorand raises box office increases Andurand is among the few hedge fund managers they have Record sharp rises In recent weeks, when the fear of disruptions in world supply has caused commodity prices to soar to the highest level in 14 years.

4. Inflation in the US reached its new high of 40 years in February Rise in consumer prices Approached 8 percent Last month ahead of rising energy prices following the invasion of Ukraine, which increased pressure on the Federal Reserve to tighten monetary policy. Explore our global inflation tracker Here.

5. Modi’s BJP is swept to victory in the Indian state elections Narendra Modi’s Bharatiya Janata party has Won state elections in IndiaClaiming its dominance in the politics of the country when the rival Congress Party got confused.

Corona digestion

The days ahead

The second anniversary of the corona plague It has been two years since the World Health Organization declared Covid-19 a global epidemic. Anjana Ahuja asks, when can we Declare it over?

Economic data in the UK The publication of the main data looks backwards, with the data of January’s gross domestic product, trade and industrial production mature. Germany also has consumer price index data for February.

The US seeks to curb North Korea’s weapons A source in the Biden administration said the Treasury Department would “inform New actions Help prevent [North Korea] Access to foreign items and technology that allows it to advance its illicit weapons program. ”The statement comes after two recent missile tests demonstrated the ability to send warheads farther than previous launches.

33rd birthday of the global network Sir Tim Berners-Lee is about to publish his Annual letter On the state of his invention and vision for the future.

Elections The left wing will be 36-year-old Gabriel Borik I swear As the youngest leader of Chile today. Turkmenistan It will hold early presidential elections tomorrow following the resignation of Gurbangoli in the incumbent Radymukhammedov. On Sunday, Colombians Will vote in parliamentary elections and Mali Will hold the first round of parliamentary and presidential elections.

What else are we reading and watching

WeWork co-founder Adam Neumann on his next steps After a spectacular fall like his ascent, The charismatic salesman returned. This time he plans to set up start-ups, fund others and create a new asset empire.

The metals market needs renovation The glitch that arose from the decision of the London Metal Exchange to suspend Nickel trading On Tuesday after a 250 percent jump in the price showed that financial tensions tend to reveal complacency and regulatory failure, Writes Helen Thomas.

The big sale of NFT Internet collectibles, from cartoon monkeys to artistic scribbles, have plummeted in value as real-world conflict, and a wider drop in cryptocurrencies is beginning to calm one of the biggest speculative frenzy. Has the digital craze reached its peak?

Evergrande: The end of China’s property boom The rapid expansion of the country’s property sector was driven by large-scale migration from farms to cities – and was built on cheap credit. The FT tells the story of EvergrandeThe most obligatory asset developer in the world, which is currently on the verge of collapse.

FT Business Books: March Edition From creating more connected teams to digital transformation, our work and career team has chosen The Top Titles of the Month From the world of business publishing.

sport

Cat Skiing uses snow care machines with caterpillar tracks (also known as piste bashers) to transport skiers to the top of the slopes as an alternative to fixed ski lifts and cable cars. Could it take off in Eastern Europe? It is gaining popularity in Kosovo.

Cat Skiing Increasingly Popular in Kosovo © Tristan Kennedy

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