Bloomberg Daybreak: Europe Edition
US Allows Ukraine To Strike Russia With Long-Range Missiles
Nov 18, 2024
The U.S. is ready to lift restrictions, allowing Ukraine to strike limited military targets in Russia. In a surprising twist, Xi Jinping's meeting with Joe Biden highlighted China's dual approach of friendship and readiness for conflict. Meanwhile, the search for Donald Trump's chief economic advisor reveals chaotic internal struggles. In Germany, support for Chancellor Scholz is waning ahead of potential elections, while UK inflation may push policymakers to tread carefully on interest rates. The podcast delves into these intriguing dynamics shaping global politics.
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Quick takeaways
- The U.S. decision to allow Ukraine to strike Russian military targets with long-range missiles signifies a pivotal shift in military strategy amidst escalating tensions.
- Chancellor Scholz faces internal scrutiny regarding his leadership and ongoing dialogue with Putin, highlighting the complex dynamics within European responses to the Ukraine conflict.
Deep dives
U.S. Authorization of Long-Range Strikes
The authorization for Ukraine to use Western-made long-range missiles against targets in Russia marks a significant shift in U.S. military policy. This decision comes in response to the recent involvement of North Korean troops in the conflict, which has raised concerns within the U.S. administration about the dynamics on the battlefield. Ukrainian President Zelensky emphasized the importance of receiving the necessary weaponry while acknowledging that the strikes would be selective rather than indiscriminate. With the changing political landscape ahead of a potential Trump administration, Biden is motivated to secure a legacy of support for Ukraine before any shifts in U.S. foreign policy.
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