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Putin says Russian and US envoys will be returned

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Good sign from talks

  • Foreign departments to start talks on diplomatic track
  • Ukraine was discussed but there’s nothing to discuss on Ukraine’s entry to NATO
  • Putin said trade, arctic and strategic nuclear capability were discussed

This was billed as a set of talks aimed at starting deeper talks and this certainly looks like a successful step. Ambassadors will be returned to national capitals.

The ruble is threatening a two-day high.

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