Bloomberg Daybreak: Europe Edition Russia & Ukraine Trade Fire, Trump-Xi Taiwan Tightrope, Pret’s Recipe For Revival
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Nov 25, 2025 Oliver Crook, Bloomberg's Chief Europe Correspondent, dives into the escalating conflict between Russia and Ukraine, discussing recent heavy fire and the nuanced US-backed ceasefire talks. He also evaluates President Trump's diplomatic balancing act with China and Japan over Taiwan tensions. Additionally, Crook highlights the EU's contentious stance on frozen Russian assets and its implications for Ukraine's position. The conversation touches on navigating complex global dynamics amid a rapidly changing geopolitical landscape.
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Ceasefire Plan Faces Immediate Doubts
- Russia and Ukraine traded heavy strikes despite talks of a US-backed ceasefire plan.
- The 28-point proposal was streamlined to 19 points but Russia called it a non-starter.
EU Holds Its Ground On Tech Rules
- The EU refused to relax its digital rules in return for lower US metal tariffs.
- Brussels called its tech rulebook "not up for negotiation," prioritizing consumer protection and market fairness.
Taiwan Tensions Threaten Trade Truce
- Tensions over Taiwan complicated Trump’s outreach to Xi and Japan's leader.
- The dispute injects uncertainty into the nascent US-China trade truce and supply-chain ties.