Bloomberg Daybreak: Europe Edition

Secret US-Russia Talks, CEOs' UK Budget Threat, Canary Wharf Crisis Eases

10 snips
Nov 24, 2025
In this discussion with Greg Sullivan, a Russia economy and government editor for Bloomberg, we delve into the secret US-Russia talks shaping a nuanced peace plan involving Ukraine. Greg reveals how the behind-the-scenes negotiations reflect Moscow's strategic interests and the complex dynamics at play. The conversation also touches on the implications for European allies, who feel blindsided, and the delicate balance of securing Ukraine's sovereignty amidst these discussions.
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INSIGHT

Controversial 28-Point Peace Framework

  • A US-backed 28-point peace plan for Ukraine was largely shaped through secret US-Russia negotiations.
  • The proposal contains concessions favorable to Russia, including territory recognition and limits on Ukraine's military and NATO prospects.
ADVICE

CEOs Signal Investment Risk From Budget

  • UK bosses warn the upcoming budget could force them to cut investment if taxes or costs rise.
  • Companies suggest the government should avoid measures that undermine growth and investor confidence.
INSIGHT

BHP Walks Away From Anglo Bid

  • BHP ended a renewed takeover approach for Anglo American after preliminary talks failed to progress.
  • Anglo preferred its planned tie-up with Teck Resources and rejected BHP's approach as not superior.
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