US Defense Secretary Pete Hegseth denied President Donald Trump was betraying Ukraine by opening talks with Russia's Vladimir Putin. European leaders blindsided by Trump’s call with Vladimir Putin insisted they shouldn’t be sidelined after the US president said that he’d agreed to negotiate an end to the war in Ukraine with his Russian counterpart, sweeping aside three years of US policy. Trump revealed the conversation on social media, saying the two had a “lengthy and highly productive phone call.” He said their teams would start negotiations immediately, and later told reporters in the Oval Office that he’ll probably meet Putin in Saudi Arabia in the “not-too-distant future.”
Today's guests: Grace Peters, JPMorgan Private Bank; Sonali Punhani, Bank of America; Viki Farmaki, State Street Global Advisors
Chapters:
00:00:00 - The Pulse with Francine Lacqua
00:01:12 - IEA cuts 2025 oil surplus estimates
00:02:42 - Trump Putin agree to Ukraine talks
00:10:18 - Grace Peters, JPMorgan Private Bank
00:19:33 - Unilever CEO: Slowing market
00:21:12 - Headlines
00:22:35 - Europe demands role in Ukraine talks
00:27:13 - Sonali Punhani, Bank of America
00:33:40 - Commerzbank to cut 3,900 jobs in Germany
00:35:07 - Viki Farmaki, State Street Global Advisors
00:40:36 - Apple deal sends Alibaba stocks soaring
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