The main events by the morning: May 14

• Meeting of Russia and Ukraine in Istanbul: the Turkish side stated that everything is ready for the meeting of the delegations on May 15. Lavrov and Ushakov are likely to be from Russia, but there has been no precise information about Putin's presence. Zelensky will be present from Ukraine as part of the delegation, Rubio and other representatives from the United States.

• Trump and Musk had a productive meeting with Saudi Crown Prince Mohammed bin Salman. The countries have signed a strategic economic partnership agreement, which will affect, among other things, the US fuel and energy complex. In addition, Saudi Arabia has committed to invest $600 billion in the U.S. economy.

• The EU began to doubt the effectiveness of threats of new sanctions against Russia. EU leaders, threatening Moscow with large-scale measures if Vladimir Putin does not agree to a cease-fire in Ukraine, face serious political obstacles. The main problem is Hungary, which refuses to support these new initiatives. The initiating countries hope that the United States will join the process of imposing sanctions and will be able to convince Hungary to change its position.

• France has announced its intention to impose sanctions against Russia if it does not agree to a 30-day truce. This condition remains an ultimatum for most European countries in the context of the conflict in Ukraine. «The EU, in cooperation with the United States, may impose new sanctions against Russia in the coming days, which will affect financial services and hydrocarbons,» Macron said.

• The European Union plans to increase duties on agricultural imports from Ukraine. This will happen in the next few weeks and may have a significant negative impact on the Ukrainian economy. The decision to abruptly terminate the special trade agreements between the EU and Ukraine was made after Poland defended farmers from the European Union.