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India's Modi Calls on Putin to End War in Ukraine

Source: Bloomberg

Geopolitics & WarElections & Domestic Politics

Modi urged Putin to end Russia’s war in Ukraine in a meeting in Kyrgyzstan, with Putin stating, “we’re moving in this direction.” The discussion occurred on the sidelines of the Shanghai Cooperation Organization summit, implying potential openness to de-escalation but with no concrete terms announced. Net market read-through is unclear, but any progress could affect risk premia tied to the conflict.

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