From Bloomberg Markets and Finance.
Ukrainian President Volodymyr Zelenskiy said he has an agreement with the US to make security guarantees legally binding through a vote in Congress as part of a deal to end Russia’s war. He offered no details in online audio comments to Ukrainian media late Monday.
Meanwhile, the European Union is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry. The proposal will allow carmakers to slow the rollout of electric vehicles in Europe and aligns the region more closely with the US, where President Donald Trump is tearing up efficiency standards for cars put in place by the previous administration.
Today’s guests: Wei Li, BlackRock Investment Institute Chief Global Investment Strategist; Wolfgang Ischinger, Munich Security Conference Chair, Former German Ambassador to the US; Majid Jafar, Crescent Petroleum CEO.
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse With Francince Lacqua
00:01:06 – Ukraine Says US Pledged Congress to Back Security Guarantee
00:03:12 – EU Backs Ukraine Security Guarantee
00:05:56 – Wei Li, Blackrock Global Chief Investment Strategist
00:19:16 – EU to Abandon Combustion Engine Ban in Win For Carmakers
00:24:34 – US Offers Ukraine More Security Guarantees
00:40:11 – Inside the $50B Olayan Empire
00:45:01 – Majid Jafar, Crescent Petroleum CEO
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More on Bloomberg Television and Markets
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