LIVE: Biden Holds News Conference After Meeting With Putin in Geneva

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  • Bloomberg Quicktake: Now published this video item, entitled “LIVE: Biden Holds News Conference After Meeting With Putin in Geneva” – below is their description.

    (June 16) Watch live as President Joe Biden holds a press conference at the Hotel du Parc des Eaux-Vives in Geneva, Switzerland, following the meeting with Russian President Vladimir Putin on Wednesday, June 16, 2021.

    The U.S. and Russia will return their ambassadors to their posts and have agreed to hold talks on arms control, cyber-security and diplomatic ties, Russian President Vladimir Putin said after his summit meeting with U.S. President Joe Biden.

    “We agreed that they would return to their service,” Putin said Wednesday at a news conference after the Geneva summit concluded. “As for the timeline, tomorrow or the day after, this is a technical question.”

    The talks with Biden were “on the whole productive, substantive, concrete and took place in an atmosphere aimed at achieving results, the most important of which was that glimmer of trust,” Putin said. Each side understood each other’s red lines on key issues, he said.

    The ruble extended gains after Putin’s comments on the ambassadors, appreciating as much as 0.8% before trimming its advance to trade up 0.4% at 71.9150 per dollar as of 7:31 p.m. In Moscow.

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