Summary
Bloomberg's Oliver Crook reports on renewed US-led diplomacy to end the Russia-Ukraine war, including four hours of talks between Jared Kushner, Steve Witkoff and Vladimir Putin in Moscow. Further talks are planned in Abu Dhabi, but territory remains unresolved. Crook also says the EU-US trade agreement is likely to be revived in the European Parliament after the Greenland tariff dispute, while warning that damage to transatlantic relations is permanent. No explicit investment trades are proposed.
- Kushner and Witkoff held four hours of talks with Putin in Moscow and are expected to meet again.
- US security guarantees for Ukraine are discussed, but a ceasefire and territory remain unresolved.
- Trilateral talks may begin in Abu Dhabi, though the format remains uncertain.
- EU-US trade agreement is likely to return to the European Parliament and be passed.
- The Greenland tariff dispute exposed Europe's dependence on the US and prompted unity at leader level.
- European domestic politics and far-right pushback make the durability of that unity uncertain.
- Crook says the damage to transatlantic relations this week is permanent.