FT News Briefing Trump excludes Europe from Ukraine peace talks
25 snips
Feb 13, 2025 European officials express alarm over being sidelined in crucial U.S.-Russia peace negotiations regarding Ukraine. Meanwhile, U.S. inflation sees an unexpected rise to 3%, complicating economic outlooks. The semiconductor race heats up as China's memory chip producer, CXMT, rapidly climbs the market ranks, threatening South Korea's dominance in the field. The impact of U.S. export controls on advanced technologies is dissected, revealing potential shifts in global competition. A fascinating look at geopolitics and economic dynamics!
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Europe's Response to Exclusion
- European countries are trying to influence the Trump administration's peace deal plans.
- They're using bilateral outreach and lobbying at the Munich Security Conference.
Europe's Concerns on Ukraine Peace Deal
- European officials worry about exclusion from US-Russia Ukraine peace talks.
- They fear bearing the costs of a deal they didn't negotiate, including reconstruction and troop deployments.
CXMT's Rise in Chipmaking
- Chinese chipmaker CXMT gains global market share, impacting South Korean competitors.
- CXMT's low-end market entry and gradual upscaling mirrors patterns in other industries.