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Bloomberg
a few seconds ago
- Bloomberg
Dalay: Putin Blames Ukraine & EU for the Lack of Deal
Live on Bloomberg TV CC-Transcript 00:00Before we get to this meeting today, I want to start with what we saw on Friday and what, if anything, you think was accomplished or achieved by these two leaders. I think first what the true leader wanted from these meetings. Putin clearly wanted the meeting, wanted a deal, at least a deal and a cease fire to be in all of the meetings. And obviously the Putin got to a meeting that he wanted that's effective. And then the western isolation of Russia breaking the Western consensus on Russia. And probably he hopes that it's not only going to be Ukraine in talks between himself and Trump, but rather Ukraine turns into one subject among many other subjects. That's all the subject includes from that and from the nature, the overall nature of the relation between us and Russia, how to improve it and how to prevent the further sanctions coming down on Russia. So therefore, for Putin, the meetings and the meetings should not be only about Ukraine. For Trump, obviously he wanted a deal that to be announced. Right now what we see at this word in terms of the initial outcomes that Putin has gotten, what it wanted, which was the meetings and the Trump in terms of what he has gotten is still unclear. But what is so important, what is so significant at this stage is the normalization of the meetings and the record like treatment with the Putin by the by the most important by the most important country in the world, which is the united of the most powerful country in the world in the Western camps. And I think that meeting probably has paved the way for paved the way for other meetings coming down, coming down on the coming down the road. And the finally, in all the important things that Russia always wanted to talk about, the European security, not only Ukraine, but the overall nature of the European security order with us, not with with Europeans. And thus far it seems that the Russia is succeeding. Well. Well, so then where does that leave the discussions around a ceasefire or potentially peace? Because Trump also wants to see Zelensky and Putin meeting in the near term. European leaders are against that. Is that not a part of the discussion right now? Is that what you're saying? Well, the Trump wanted a ceasefire and they found that Putin didn't want a ceasefire. Is that the Putin talk about a comprehensive peace agreement which is unlikely to be achieved anytime soon? And I think one thing that probably one strategy that put it is pursuing the failure of getting a comprehensive deal, whatever that means at this stage, because that will that will involve some really tough questions regarding the territorial adjustment, the regarding what the U.S. means by the security guarantees that deal with the security guarantees that has been floated around, whether that is effectively a NATO like commitment without the NATO membership for Ukraine or what it is like, just like an idea that is being floated without much of much did. But nevertheless, right now, the if the failure the failure of this talk about a comprehensive deal, I think then Putin wants to blame Ukraine and Europeans for the intransigence and then basically tell the standard from that it was it was dumb that they didn't want a comprehensive deal rather than Russia once did, and therefore that it is time for the U.S. and Russia to even to reset the ties despite the fact that there may not be over or Ukraine. Gleb, do you see the European leaders stepping in and potentially changing the calculus of where these talks are at right now? Well, the trouble with European leaders or the European strategy towards Russia, towards Ukraine is even though Europe has been talking about the plan A, plan B, a plan C, but all of them coming to the same idea, actually, how to keep the U.S. in the game in one way or another. I still don't see any European plans despite all this talk about or the formation of the coalition of the willing, the formation, or the idea that the U.S. may not be in the game for long despite all this holds. I still do not see any European plan that is premised on the idea that Europe and the U.S. might be completely out of the picture. So the idea that I see is still gaining currency at the European capital. If the US even withdraw in presence, can we can we have like the U.S. backstops for the Europeans? So that's the first thing. The second thing that I see beyond offering the financial commitment, beyond offering further military equipment to Ukraine and further financial financial help to Ukraine, also buy more from the Americans. What for markets? I still don't see a workable European plan if the U.S. exit, if the U.S. is not in endgame. So therefore, this is like a drastic moment where, as in true for the European security, but probably one of the most significant days that we are passing through since the end of the Cold War and the tragedy for Europe. The Europe is not ready for the game. Europe is not ready for the challenge. If the U.S. is not in the game.

37 minutes ago
California Democrats' push for redistricting faces a tight legislative deadline
SACRAMENTO, Calif. -- California Democrats are making a partisan push to draw new congressional districts and reshape the state's U.S. House representation in their favor, but to pull it off, lawmakers returning to the Capitol on Monday face a tight deadline and must still win voters' approval. Limits on federal immigration raids and advancing racial justice efforts are also among the hundreds of proposals the Legislature will vote on before the session ends in September. Here's a look at what's ahead for lawmakers in their last month in session: Lawmakers are expected to spend the first week back after summer break advancing the new congressional map at the urging of Gov. Gavin Newsom. The new map aims at winning Democrats five more U.S. House seats in the 2026 midterms and is a direct response to President Donald Trump's efforts to redraw Texas' map to help Republicans retain their control of the U.S. House. So far, California is the only state beyond Texas that has officially waded into the redistricting fight, although others have signaled they might launch their own efforts. California Democrats, who hold supermajorities in both chambers, unveiled the new map Friday. State lawmakers in both houses will hold hearings on the map and vote to put it to voters in a special election in November. If voters agree, the new map would replace the one drawn by an independent commission that took effect in 2022. The new map would only take effect if Texas or another Republican-led state moves forward with their own mid-decade redistricting and would remain through the 2030 elections. Democrats said they will return the map-making power to the commission after the next census. The current effort is to save democracy and counter Trump's agenda, they said. State Republicans vowed to legally challenge the effort, arguing that voters in 2010 already voted to remove partisan influence from how maps are drawn. State lawmakers are contending with how to balance meeting the state's climate goals with lowering utility and gas prices. Those discussions have been colored by the planned closures of two oil refineries that account for nearly 18% of the state's refining capacity, according to air regulators. The Legislature will have to respond to those concerns when it debates whether to reauthorize the state's cap-and-trade program, which is set to expire in 2030. The program allows large greenhouse gas emitters to buy allowances from the state equivalent to what they plan to emit. Over time, fewer allowances are made available with the goal of spurring companies to pollute less. A large portion of revenues from the program goes into a fund that helps pay for climate, affordable housing and transportation projects. The program also funds a credit that Californians receive twice a year on their utility bills. Newsom wants lawmakers to extend the program through 2045, commit $1 billion annually from the fund for the state's long-delayed high-speed rail project and set aside $1.5 billion a year for state fire response. Many environmental groups want the state to update the program by ending free allowances for industrial emitters, ensuring low-income households receive a higher credit on their utility bills, and ending or strengthening an offset program that helps companies comply by supporting projects aimed at reducing planet-warming emissions. Lawmakers will vote on a host of proposals introduced in response to the escalation of federal immigration crackdowns in Los Angeles and across the state. That includes legislation that would make it a misdemeanor for local, state and federal law enforcement officers to cover their faces while conducting official business. The proposal makes exceptions for officers wearing a medical grade mask, coverings designed to protect against exposure to smoke during a wildfire, and other protective gear used by SWAT officers while performing their duties. Proponents said the measure would boost transparency and public trust in law enforcement while also preventing people from trying to impersonate law enforcement. Opponents, including law enforcement, said the bill would disrupt local undercover operations without addressing the issue because California doesn't have authority over federal agents. Another proposal would require law enforcement to identify themselves during official business. State Democrats are also championing several proposals that would limit immigration agents without warrants from entering school campuses, hospitals and homeless or domestic violence shelters. A first-in-the-nation state task force released a report in 2023 with more than 100 recommendations for how the state should repair historic wrongdoings against Black Californians descended from enslaved people. The California Legislative Black Caucus introduced a reparations package last year inspired by that work, but the measures did not include direct payments for descendants, and the most ambitious proposals were blocked. The caucus introduced another package this year aimed at offering redress to Black Californians. One of the bills would authorize universities to give admissions priority to descendants of enslaved people. Another would ensure 10% of funds from a state program providing loans to first-time homebuyers goes to descendants. A third would allow the state to set aside $6 million to fund research by California State University on how to confirm residents' eligibility for any reparations programs. Some reparations advocates say the proposals fall short. They say many of the measures are ways to delay implementing one of the task force's key recommendations: direct compensation to descendants of slavery.

an hour ago
Zelenskyy brings Europe's top leaders with him to meet Trump on ending Russia's war
WASHINGTON -- Ukraine's future could hinge on a hastily assembled meeting Monday at the White House as Ukrainian President Volodymyr Zelenskyy brings with him an extraordinary cadre of European leaders to show U.S. President Donald Trump a united front against Russia. The European political heavy-hitters were left out of Trump's summit with Russian President Vladimir Putin last Friday, and they look to safeguard Ukraine and the continent from any widening aggression from Moscow. By arriving as a group, they hope to avoid any debacles like Zelenskyy's February meeting in the Oval Office, where Trump chastised him for not showing enough gratitude for American military aid. The meeting also is a test of America's relationship with its closest allies after the European Union and United Kingdom accepted Trump's tariff hikes partly because they wanted his support on Ukraine. Monday's showing is a sign both of the progress and the possible distress coming out of the Alaska meeting as many of Europe's leaders are descending on Washington with the explicit goal of protecting Ukraine's interests, a rare and sweeping show of diplomatic force. 'It's important that America agrees to work with Europe to provide security guarantees for Ukraine, and therefore for all of Europe,' Zelenskyy said on X. The night before the meeting, however, Trump seemed to put the onus on Zelenskyy to agree to concessions and suggested that Ukraine could not regain Crimea, which Russia annexed in 2014, setting off an armed conflict that led to its broader 2022 invasion. "President Zelenskyy of Ukraine can end the war with Russia almost immediately, if he wants to, or he can continue to fight," he wrote Sunday night on social media. 'Remember how it started. No getting back Obama given Crimea (12 years ago, without a shot being fired!), and NO GOING INTO NATO BY UKRAINE. Some things never change!!!' Zelenskyy appeared to respond with his own post late Sunday, saying, 'We all share a strong desire to end this war quickly and reliably.' He went on to say that 'peace must be lasting,' not as it was after Russia seized Crimea and part of the Donbas in eastern Ukraine eight years ago, and 'Putin simply used it as a springboard for a new attack.' The sitdown in Alaska yielded the possible contours for stopping the war in Ukraine, though it was unclear whether the terms discussed would ultimately be acceptable to Zelenskyy or Putin. Planning to join Zelenskyy in America's capital are European Commission President Ursula von der Leyen, French President Emmanuel Macron, British Prime Minister Keir Starmer, German Chancellor Friedrich Merz, Italian Premier Giorgia Meloni, Finnish President Alexander Stubb and NATO Secretary-General Mark Rutte. On the table for discussion are possible NATO-like security guarantees that Ukraine would need for any peace with Russia to be durable. Putin opposes Ukraine joining NATO outright, yet Trump's team claims the Russian leader is open to allies agreeing to defend Ukraine if it comes under attack. Trump briefed Zelenskyy and European allies shortly after the Putin meeting, and details from the discussions emerged in a scattershot way that seemed to rankle the U.S. president, who had chosen not to outline any terms when appearing afterward with Putin. 'BIG PROGRESS ON RUSSIA,' Trump posted Sunday on social media. The president also bemoaned media coverage of his summit with Putin and said on Truth Social: "I had a great meeting in Alaska." Following the Alaska summit, Trump declared that a ceasefire was not necessary for peace talks to proceed, a sudden shift to a position favored by Putin. Secretary of State Marco Rubio said Sunday that a ceasefire was still possible but that 'the best way to end this conflict is through a full peace deal." European officials confirmed that Trump told them Putin is still seeking control of the entire Donbas region, even though Ukraine controls a meaningful share of it. And Trump's special envoy, Steve Witkoff, said the U.S. and its allies could offer Ukraine a NATO-like commitment to defend the country if it came under attack as the possible security guarantee. "How that's constructed, what we call it, how it's built, what guarantees are built into it that are enforceable, that's what we'll be talking about over the next few days with our partners who are coming in from overseas,' Rubio told NBC's 'Meet the Press.' Rubio said on Fox News' 'Sunday Morning Futures' that such a commitment 'would be a very big move" by Trump. He expects the delegations will 'spend six, seven hours talking about these things, maybe more, and try to get to a point where we have something more concrete.' Monday's meeting will likely be very tough for Zelenskyy, an official close to the ongoing talks said. That official spoke on condition of anonymity to speak openly about thinking within Ukraine and between allies. Zelenskyy needs to prevent a scenario in which he gets blamed for blocking peace talks by rejecting Putin's maximalist demand on the Donbas, the official said. It is a demand Zelenskyy has said many times he will never accept because it is unconstitutional and could create a launching pad for future Russian attacks. If confronted with pressure to accept Putin's demands, Zelenskyy would likely have to revert to a skill he has demonstrated time and again: diplomatic tact. Ukrainian leadership is seeking a trilateral meeting with Zelenskyy, Trump and Putin to discuss sensitive matters, including territorial issues. After enduring a public tirade by Trump and Vice President JD Vance in February, Zelenskyy worked to repair relations with the U.S. Constant diplomatic communication and a 15-minute meeting at the Vatican in April on the sidelines of Pope Francis' funeral helped turn the tide. Trump appeared at the time to be swayed by Zelenskyy's conditions for peace. But Trump says he cares primarily about ending the war, an ambition that led him after his meeting with Putin to discard the need for a ceasefire. European allies also have worked with Trump, reaching a deal in July for NATO allies to buy weapons from the U.S. for Ukraine. Ahead of Monday's meeting, France's Macron stressed the importance of building up Ukraine's military and the need to show Putin that Europe interprets his moves as a threat to other nations. 'If we are weak with Russia today, we'll be preparing the conflicts of tomorrow and they will impact the Ukrainians and — make no mistake — they can impact us, too,' Macron said.