Europe takes the lead on Ukraine peace deal
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 3 March 2025
⏱️ 12 minutes
🧾️ Download transcript
Summary
Cryptocurrencies surged on Sunday after a surprise announcement from US President Donald Trump, and European leaders gathered in London to shore up support for Kyiv. Plus, Deutsche Bank clashed with the European Central Bank throughout 2024 over concerns about its risk management, and high interest rates and uncertainty over immigration policy are discouraging US homeowners from renovating properties.
Correction: We incorrectly said in this episode that by the end of 2024, Deutsche had earmarked more than €5.5bn for potential losses. We should have said that during 2024, Deutsche earmarked €1.8bn for potential losses. We apologise for this error.
Mentioned in this podcast:
Crypto prices jump as Trump says US strategic reserve to include lesser-traded tokens
Deutsche Bank clashed with ECB over bad loan losses
UK and France aim for new Ukraine peace deal after White House fracas
Americans delay home improvements in latest blow to US housing market
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. |
| 0:03.0 | Currently, we supply 27% of the UK's gas, 15% of its oil, |
| 0:07.7 | and we're playing our part in the UK's energy transition. |
| 0:11.0 | Our wind farms power 750,000 homes, |
| 0:14.0 | and we expect that to grow to over 7 million. |
| 0:16.5 | Last year, we invested 20% of our global growth spend in renewables |
| 0:20.1 | and lower carbon solutions. |
| 0:22.0 | We plan to increase that to 50% by 2030. |
| 0:25.4 | We're an energy company searching for better. |
| 0:28.4 | equinore.co.uk. |
| 0:33.6 | Good morning from the Financial Times. |
| 0:36.0 | Today is Monday, March 3rd, and this is your FT news briefing. |
| 0:40.6 | UK Prime Minister Kierstarmur led a summit yesterday to discuss Ukraine. |
| 0:45.6 | And the European Central Bank has been worried about Germany's biggest lender. |
| 0:50.8 | Plus, crypto prices started climbing again on Sunday. |
| 0:54.8 | I'm Kasha Brusalian, and here's the news you need to start your day. |
| 1:09.3 | Senior European leaders met in London yesterday to talk about, well, what happened in Washington |
| 1:15.5 | on Friday. |
| 1:16.4 | You're not acting at all thankful. |
| 1:19.2 | And that's not a nice thing. |
| 1:20.2 | I'll be honest, that's not a nice thing. |
| 1:22.6 | The explosive meeting between U.S. President Donald Trump and his Ukrainian counterpart |
... |
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