FT News Briefing
The elusive Ukraine peace deal
Apr 28, 2025
Canadians are gearing up to vote for a new prime minister amidst politically charged discussions. Meanwhile, a controversial U.S. proposal could see Russia maintaining some territory in Ukraine, complicating peace talks. The podcast also dives into the fallout from a deadly airstrike in Kyiv, which has stalled negotiations further. Additionally, American companies express growing concerns over tariffs and a potential recession as they adjust their earnings forecasts amid changing consumer spending patterns.
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Quick takeaways
- The Canadian federal election highlights a pivotal choice between candidates, with varying approaches to economic policies reflecting broader political sentiments influenced by Trump-era dynamics.
- The ongoing conflict in Ukraine remains complex, as Putin's reluctance to negotiate peace complicates efforts for resolution amidst territorial disputes and economic repercussions for American companies.
Deep dives
Canada's Election Dynamics
The Canadian federal election features two distinct candidates for prime minister, with Pierre Poliev of the Conservative Party running on a Canada First platform that has drawn comparisons to Donald Trump. In contrast, Mark Carney of the Liberal Party is positioned for a potential comeback after taking over from Justin Trudeau, with recent data suggesting a narrow path to victory. Analysts attribute Carney's renewed support to growing voter wariness of MAGA-style politics, particularly in light of Trump's trade and annexation threats that have influenced Canadian sentiments. As election day unfolds, the electorate is facing a pivotal choice that could shift the political landscape in Canada significantly.
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