IBOV 168,498.45 ▲ 1.39% IPC MEX 70,968.43 ▼ 0.17% MERVAL 2,848,945 — — USD/BRL5.50▼ 0.17% USD/MXN18.60▼ 0.84% USD/CLP975.74▼ 0.29% USD/COP3,240▲ 0.38% USD/PEN3.44▼ 0.15% USD/ARS 1,545 — 0.00% USD/UYU40.31▲ 3.48% USD/PYG6,358▲ 8.23% USD/BOB11.81▲ 0.40% USD/DOP60.56▲ 0.43% USD/CRC448.27▲ 1.89% USD/GTQ7.64▲ 3.24% USD/HNL26.88▲ 3.25% USD/NIO36.62▲ 2.77% USD/VES893.88▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 2.90% USD/TTD6.72▲ 2.39% EUR/BRL6.13▲ 0.07% BRENT 97.76 ▼ 0.54% WTI 90.34 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.26 ▲ 0.18% GOLD 4,080 ▼ 0.83% SILVER 51.97 ▼ 0.51% SOY 1,195 ▲ 1.14% CORN 442.25 ▲ 0.51% WHEAT 590.50 ▼ 1.46% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 138.95 ▲ 8.17% COTTON 78.54 ▼ 0.22% COCOA 5,239 ▲ 1.12% BEEF 214.18 ▼ 0.10% CATTLE 318.70 ▼ 1.95% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 ▼ 1.28% VALE3 64.04 ▲ 2.19% ITUB4 40.53 ▲ 1.40% BBDC4 14.20 ▲ 3.12% ABEV3 15.48 — 0.00% BBAS3 17.13 ▲ 3.88% B3SA3 14.39 ▲ 0.21% WEGE3 48.19 ▼ 0.23% PRIO3 60.48 ▼ 1.72% SUZB3 53.40 ▲ 2.12% RENT3 30.29 ▲ 4.20% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 ▲ 10.80% RAIZ4 27.30 ▼ 0.98% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 ▲ 2.43% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 ▼ 3.36% BRKM5 3.20 ▲ 5.61% RANI3 8.53 ▲ 0.83% CSNA3 4.41 ▲ 8.89% IBOV 168,498.45 ▲ 1.39% IPC MEX 70,968.43 ▼ 0.17% MERVAL 2,848,945 — — USD/BRL 5.50 ▼ 0.17% USD/MXN 18.60 ▼ 0.84% USD/CLP 975.74 ▼ 0.29% USD/COP 3,240 ▲ 0.38% USD/PEN 3.44 ▼ 0.15% USD/ARS 1,545 — 0.00% USD/UYU 40.31 ▲ 3.48% USD/PYG 6,358 ▲ 8.23% USD/BOB 11.81 ▲ 0.40% USD/DOP 60.56 ▲ 0.43% USD/CRC 448.27 ▲ 1.89% USD/GTQ 7.64 ▲ 3.24% USD/HNL 26.88 ▲ 3.25% USD/NIO 36.62 ▲ 2.77% USD/VES 893.88 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 2.90% USD/TTD 6.72 ▲ 2.39% EUR/BRL 6.13 ▲ 0.07% BRENT 97.76 ▼ 0.54% WTI 90.34 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.26 ▲ 0.18% GOLD 4,080 ▼ 0.83% SILVER 51.97 ▼ 0.51% SOY 1,195 ▲ 1.14% CORN 442.25 ▲ 0.51% WHEAT 590.50 ▼ 1.46% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 138.95 ▲ 8.17% COTTON 78.54 ▼ 0.22% COCOA 5,239 ▲ 1.12% BEEF 214.18 ▼ 0.10% CATTLE 318.70 ▼ 1.95% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 ▼ 1.28% VALE3 64.04 ▲ 2.19% ITUB4 40.53 ▲ 1.40% BBDC4 14.20 ▲ 3.12% ABEV3 15.48 — 0.00% BBAS3 17.13 ▲ 3.88% B3SA3 14.39 ▲ 0.21% WEGE3 48.19 ▼ 0.23% PRIO3 60.48 ▼ 1.72% SUZB3 53.40 ▲ 2.12% RENT3 30.29 ▲ 4.20% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 ▲ 10.80% RAIZ4 27.30 ▼ 0.98% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 ▲ 2.43% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 ▼ 3.36% BRKM5 3.20 ▲ 5.61% RANI3 8.53 ▲ 0.83% CSNA3 4.41 ▲ 8.89%
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World-News Europe and Russia

Ceasefire Talks in Saudi Arabia Hinge on Delicate Bargaining

By · March 24, 2025 · 2 min read

A U.S. delegation initiates ceasefire talks in Riyadh, Saudi Arabia, on March 24, 2025, engaging Ukrainian and Russian officials separately. President Donald Trump drives the effort, seeking a swift Black Sea truce and broader peace in Ukraine’s ongoing war.

The negotiations, hosted by Saudi Arabia, focus on subtle demands and potential concessions. Trump pushes for a rapid resolution, proposing a maritime ceasefire in the Black Sea to secure shipping lanes.

He floats U.S. ownership of Ukrainian power plants as a protective measure, aiming to stabilize energy flows. However, Ukrainian President Volodymyr Zelensky resists this, favoring American investment over relinquishing control.

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Zelensky demands the return of over 19,000 Ukrainian children taken by Russia, a non-negotiable point for Kyiv. He also seeks a freeze on current frontlines without ceding Crimea or four annexed regions—Donetsk, Luhansk, Zaporizhzhia, and Kherson.

His team insists Russia halts energy attacks, offering little territorial compromise in return. Russia, led by negotiator Grigory Karasin, wants recognition of its territorial gains and an end to Western military aid to Ukraine.

Ceasefire Talks in Saudi Arabia Hinge on Delicate Bargaining
Ceasefire Talks in Saudi Arabia Hinge on Delicate Bargaining.
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Putin signals openness to a narrow energy truce, potentially easing pressure on power grids. Yet, he yields no ground on annexed regions, expecting Ukraine to accept losses for peace.

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Diplomatic Chess in Riyadh

The U.S. delegation, including envoy Steve Witkoff, mediates with optimism, praising Putin’s intellect while nudging both sides toward confidence-building steps.

They propose verifying frontline pauses and protecting energy sites, hoping small wins build trust. Saudi Arabia facilitates quietly, using its neutral stance to keep talks alive.

Zelensky compromises little, betting global pressure forces Putin’s hand, especially on the children’s return. Trump offers economic incentives, like trade revival through the Black Sea, but avoids pushing Ukraine too hard on territory.

Russia dangles an energy ceasefire, though its demands for aid cuts test Western resolve.
Both sides dig in on core issues: Ukraine guards its sovereignty, while Russia clings to annexed land.

The U.S. seeks a middle path, suggesting resource deals and maritime calm, yet struggles to bridge the gap. European leaders, planning a Paris follow-up, watch warily, ready to reinforce any deal.

The talks reveal a chess game of leverage—Ukraine holds moral weight, Russia its occupied ground, and the U.S. its diplomatic clout. Progress hinges on who blinks first: Zelensky on land, Putin on kids, or Trump on pushing harder. As negotiators huddle in Riyadh, the outcome remains a tightrope walk of give-and-take.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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