Bloomberg Daybreak: Europe Edition UK Pledges Ukraine Peacekeepers, Defence Spending & Xi Drives China Rally
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Feb 17, 2025 UK Prime Minister Keir Starmer proposed sending peacekeeping troops to Ukraine, emphasizing Europe’s commitment to defense. Meanwhile, Donald Trump stirred discussions by suggesting President Zelensky might not lead peace talks with Russia. As the German election looms, European officials prepare a defense spending package for Ukraine. Additionally, anticipation builds around a potential meeting between Xi Jinping and tech CEO Jack Ma, which could further boost China's stock rally.
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UK's Peacekeeping Pledge Faces Capacity Questions
- UK Prime Minister Keir Starmer pledged to send peacekeeping troops to Ukraine if needed.
- Former British Army head, Richard Dannett, questioned the UK's capacity for such a commitment.
US Rejects Ukraine's Troop Request
- US Defence Secretary Pete Hegseth rejected Ukraine's proposal for US troops to guarantee a ceasefire.
- This rejection underscores the shifting dynamics of transatlantic security arrangements.
European Leaders Convene on Ukraine Amidst UK Spending Pressure
- European leaders, including Starmer, will meet in Paris for urgent talks on Ukraine and wider security.
- The UK faces pressure to specify when it will increase defense spending to 2.5% of GDP.