Bloomberg Daybreak: Europe Edition Kremlin Talks ‘Very Useful’, OpenAI CEO ‘Code Red’ Push, Plastic Demand Keeps Rising
Dec 3, 2025
Tony Halpin, a journalist specializing in Russia's economy and government, discusses the Kremlin's portrayal of talks with US officials as 'very useful,' despite no agreements on ending the Ukraine conflict. Tiwa Adebayo, an environmental reporter, reveals alarming findings from Pew Trusts about a projected 52% increase in new plastic production by 2040, highlighting serious health and pollution risks. They also touch on the implications for international diplomacy and the environmental crisis ahead.
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Talks Seen As Positive But Substance Lacking
- The Kremlin described Putin's talks with US envoys as "very useful" despite no agreement on territory.
- Tony Halpin says territory remains the central, unresolved issue blocking a deal.
EU Accelerates Exit From Russian Gas
- The EU agreed to phase out Russian LNG faster, banning imports by end-2026 and pipeline gas by Sept 2027.
- The move aims to end Europe's energy reliance on Moscow in favor of US and Middle East suppliers.
OpenAI Declares 'Code Red' To Defend ChatGPT
- Sam Altman declared a "code red" at OpenAI to focus resources on improving ChatGPT amid rising competition.
- Bloomberg sources say this reprioritisation delays other projects like AI agents and advertising.