Bloomberg Daybreak: Europe Edition US-Russia Talk Without Ukraine, Cuts To Fund Defence & Delta Plane Flips
4 snips
Feb 18, 2025 Emmanuel Macron engages in separate talks with Trump and Zelensky, pushing for European alignment in addressing the Ukraine crisis. Meanwhile, the EU debates ramping up defense spending amid rising concerns about America's role. Tensions loom as tariffs threaten economic stability in the bloc. Budget cuts of up to 11% hit UK departments under pressure to bolster defense funding. In an alarming incident, a Delta flight flips in Toronto after landing, injuring multiple passengers.
AI Snips
Chapters
Transcript
Episode notes
US-Russia Talks Exclude Ukraine
- The US and Russia will hold direct negotiations to end the war in Ukraine.
- Ukraine will not be present at the initial meeting, raising concerns about agreements made without their input.
Europe Excluded from Talks
- Europe is also excluded from the talks in Saudi Arabia.
- Russia's Foreign Minister, Sergei Lavrov, stated they didn't want European involvement, accusing them of wanting to freeze the conflict while continuing the war.
EU Explores Increased Defense Spending
- European nations are exploring ways to increase defense spending due to decreased US security guarantees.
- Options being discussed include loosening fiscal rules or repurposing existing funds, with potential use of the European Stability Mechanism.