JEDDAH, Saudi Arabia (Reuters) - Representatives from Ukraine and the United States reached a consensus on a temporary 30-day ceasefire in the Ukrainian conflict, aimed at establishing a foundation for lasting peace, according to a joint statement released this Tuesday.

During the meeting held in Saudi Arabia, the two countries also agreed to accelerate negotiations for the development of strategic mineral resources in Ukraine, as reported by officials.

Is this good for the short term?

We'll see...