US, Russia see business-like talks on tensions | Malay Mail

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GENEVA, July 29 — The United States and Russia said Wednesday they had business-like and substantive talks in Geneva in their second effort in as many months to bring stability to a fraught relationship. The closed-door talks were a follow-up to last month’s summit, also held in the Swiss...

GENEVA, July 29 — The United States and Russia said Wednesday they had business-like and substantive talks in Geneva in their second effort in as many months to bring stability to a fraught relationship.

“On the mood of the meeting, I would call it very down to earth, very business-like, very focused,” Ryabkov told reporters, as quoted by Russian news agencies.“We remain committed, even in times of tension, to ensuring predictability and reducing the risk of armed conflict and threat of nuclear war,” he said in a statement.Focus on arms

Ryabkov earlier said the talks would allow Russia to “understand how serious the mindset of our US colleagues is in terms of establishing a concentrated, energetic dialogue in strategic stability”.Shortly after taking office, the Biden administration extended the New START treaty with Russia on reducing nuclear arsenals, even as it vowed to raise pressure on Moscow on other areas.

Putin has nonetheless welcomed Biden’s efforts to bring more predictability to the relationship between the two global powerhouses.

 

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US dollar, stocks dip as Fed keeps taper timing close to chest | Malay MailNEW YORK, July 29 ― US stocks and the dollar slipped yesterday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track. The Fed said after its latest policy meeting ended...
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