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Europe Today: US envoys meet Putin as Europe pushes to join Ukraine talks

US envoys Steve Witkoff and Jared Kushner meet Putin over Ukraine peace talks, as Europe faces economic challenges and Nvidia enters a leadership crisis following the reported resignation of CEO Jensen Huang.

READ MORE : http://www.euronews.com/2026/11/13/europe-today-us-envoys-meet-putin-as-europe-pushes-to-join-ukraine-talks

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00:14Good morning, it's finally Friday, November 13th, you're watching Euronews and this is
00:21Europe today. Our top stories. Speed restrictions on Starship, the military version of the Starlink
00:30satellite service SpaceX are back, disrupting Ukraine's ability to intercept Russian drones.
00:36Restrictions have affected Ukrainian military operations across the entire front line and
00:41Russian occupied territories for several days, Ukrainian President Zelensky said. Neither
00:46Washington nor SpaceX CEO Elon Musk have publicly accepted responsibility for imposing the
00:51restrictions last month. Jensen Wang has resigned as chief executive of NVIDIA following reports that
00:59he had a relationship with a suspected Chinese agent. The company's board announced yesterday
01:03that Wang, who co-founded the firm in 1993, had stepped down as president, chief executive and
01:10board member. Earlier, the New York Times had reported a second affair with a married healthcare
01:15executive who reported to him. That may have broken the company's code of conduct.
01:21And France has signaled it may support Pablo Hernandez de Kos to succeed Cristina Lagarde as
01:27European Central Bank president next year, the Financial Times reported. This could cement a
01:33consensus behind the Spanish economist who is backed by his home country. It would potentially facilitate
01:39a deal among EU leaders, which includes two other key positions on the ECB's executive board.
01:44ECB nominations will be discussed among EU leaders informally in Dublin today.
01:50Welcome to the program. I'm Stefan Grobe.
01:53U.S. Envoy Steve Witkoff and Jared Kushner have met Russian President Vladimir Putin in Moscow,
01:58seeking his blessing for European representatives to join negotiations on ending Russia's war against
02:05Ukraine. While Washington has signaled progress towards a broader negotiating format,
02:10Putin has reiterated Moscow's hardline demands on territory and security guarantees, rejecting proposals
02:17for demilitarized zones and the deployment of foreign troops in Ukraine. To make sense of it all,
02:23Sasha Vakulina joins me now, our Ukraine correspondent. Good morning, Sasha.
02:28So one of the main objectives of Witkoff and Kushner's meeting with Putin was to secure approval,
02:34Putin's approval for European representatives to join the peace process, the peace negotiations.
02:42Did they receive his blessing?
02:44Isn't it interesting, Stefan, how the negotiations have changed and the focus shifted into what we're
02:51hearing now is about the American negotiators trying to convince Putin to allow the Europeans at the
02:58table. Not that much conversation is there about a ceasefire, specifically civilian energy infrastructure,
03:04ceasefire or any sort of an end to Moscow's war against Ukraine. And yet. Now, according to
03:09Witkoff, they did manage to convince Putin to allow the Europeans at the negotiating table. But if you
03:15listen to the statements coming from the Kremlin officials, this is not the case. They're still very
03:20hard no on that. They don't want to have the Europeans and they haven't changed their stance.
03:24It is also interesting how Jared Kushner, the US envoy, was trying to convince Russia's president to
03:31allow the Europeans at the table. Let's take a listen to that.
03:36We've seen a big change with the Europeans and we think there's a very strong momentum and desire
03:42to engage together. And we're very confident that if we move to a multilateral format,
03:47that will continue to make progress to resolve the issues. And we believe that will help us end the war.
03:55So having a European representative at the table, fine. But the question is, who should that person be?
04:01But the issue here is that this is not even something that the Europeans can agree upon. Would that be
04:06Antonio Kostya? Would that be Kaya Kalas? Would that be the head of one of the EU member states or
04:12non-EU
04:12member states? There is no consensus or agreement about that. And that is, of course, something that causes lots of
04:18criticism and extra criticism in Moscow. And I'm going to give you something that Dmitry Peskov,
04:23the Kremlin spokesperson, said yesterday about this process, which is honestly becoming a little
04:28embarrassing. Now, he said, quote, the Europeans squabble like spiders in a jar, unquote, when it comes to who
04:35can represent Europe. Yikes. Sasha Bakulina, thank you very much for this. And now let's go straight over to
04:43Dublin, where President Zelensky held late night talks with the US invoice Kushner and Witkoff in a
04:49military base outside Dublin. Our NATO correspondent, Shona Murray, was at the hastily arranged meeting.
04:55Good morning, Shona. So you saw all of these characters. What can you tell us?
05:02Oh, good morning, Chef. And I did say to you yesterday that the meeting of the European political
05:06community would be one like no other. And I wasn't wrong. Now, we did know that Steve Witkoff and
05:12Jared Kushner were coming to Dublin to meet and debrief Zelensky straight from Moscow. But all throughout
05:17the day yesterday, there was concern that it might be postponed or wouldn't go ahead at all because the
05:22flight kept on getting delayed. At about seven o'clock, though, last night, a handful of journalists
05:27were told they'd be arriving just after 8.30 local time, as he said, in a military airbase about an
05:32hour
05:33from Dublin. A few of us managed to get down there. Kushner and Witkoff arrived, went into this tiny
05:40little room. Moments later, President Zelensky arrived with his motorcade onto the airbase. They went in and spoke
05:46for about 90 minutes or so and gave a statement afterwards confirming that certainly they did speak to
05:52Vladimir Putin about Europe having an equal, more or less, place at the table. They didn't confirm this is going
05:58to happen, but certainly that's what part of the conversation and the debrief was. Now, the other point is that
06:03throughout the day yesterday, there was a real concern amongst EU leaders and European leaders
06:07that part of Vladimir Putin's process was that he wants to overhaul, once again, European security
06:13architecture, including maybe prevent more members joining NATO. And at the end of this meeting, late
06:20last night, around 10 o'clock, I managed to catch Vladimir Zelensky, President Zelensky, as he was on his way
06:25to his airplane. And I asked him whether that's what they heard, that's what he heard from Witkoff and Jared
06:31Kushner
06:32about Putin's demands.
06:34A lot of depends on when and how the war will end in Ukraine. When and how. And these will
06:44have influence
06:45on all other steps. And all these steps will be after the ending of the war, after security guarantees
06:52for Ukraine. Security guarantees of Ukraine, for Ukraine, sorry, for Ukraine, it's already part of
06:59security guarantees of Europe, because Ukraine already is a defending line of Europe. Ukraine is
07:06already the capabilities, strong capabilities for Europe. We are the part of Europe and we are the part
07:12of security architecture already. So if we are in NATO, that's what I said to Jared and Steve, if we
07:19will be in
07:20NATO, this is one architecture. Of course, changes because new, strong country with a strong army
07:27will be in NATO. Everybody is happy, by the way, in Europe, we're talking about it today. Everybody is
07:33very happy if we will be in NATO. But if not, it's another infrastructure.
07:37Are you more optimistic right now than you were 24 hours ago? Are you more optimistic that Putin or anybody
07:43wants to make an end to this war? I have to be realistic each day until we will not prevail.
07:51But I will be
07:52very optimistic when the war will end. And Shona, leaders from the 27 EU member states will gather in
08:01Dublin today. What are they expected to make of all this? Indeed, Stefan, because as we talked about,
08:10that meeting last night was very late. So they'll be digesting what they might have heard, particularly
08:15the national security advisors will be talking to EU leaders. And as we heard from President Zelensky
08:21there, when I asked him, was he a bit more optimistic than he was 24 hours previous? He said he's
08:25realistic. And of course, nobody was expecting miracles. But again, the concern that Antononi Akoshta,
08:31President of the European Council and Zelensky have, which is that Putin once again wants to have a say
08:37in Europe security, that is going to hang over this meeting today. In addition to that, there'll be a
08:42very difficult conversation about the EU seven year budget because Friedrich Mertz, the German
08:46chancellor, is insisting that all 27 member states contribute to the funding of Ukraine for the next
08:52few years. Do you remember last December when there was a discussion about funding for Ukraine, three
08:56countries, Slovakia, Czechia and Hungary refused to pay in. Mertz said everybody needs to put something
09:01towards it. And then again, of course, I'm sure we'll be hearing a lot more about who will speak for
09:05Europe. Can European leaders coalesce around one candidate? Stefan?
09:10Sjöna, Marie in Dublin, thank you very much for your reporting. Now, Europe's economy is facing a
09:17dangerous combination of challenges, sluggish growth, mounting public debt and rising borrowing costs.
09:23A sovereign bond yields put pressure on government finances. Europe's ability to invest in its future
09:29is increasingly in question. Meanwhile, deep rooted structural weaknesses from poor productivity to a
09:36lack of competitiveness continue to hold the continent back. What needs to change to get Europe
09:42back on track? Let's put this question to Matteo Sjörek, head of the IMF's European department,
09:48who joins me now in the studio. Good morning and great to have you here.
09:51Good morning.
09:52So, what is Europe's economic perspective and what should we be worried about?
09:58Let's start with good news. First of all, Europe is coping with the latest stress,
10:04that is the war in the Middle East and the spike in energy prices, rather well. In fact,
10:11growth has been higher than we feared it would have been. And that is good news. Inflation is higher,
10:20but it's not in a runaway path. It's well contained, given the scale of the shock to the energy.
10:28The bad news is that the potential growth, the long-term growth outlook remains rather poor. You're
10:36talking about 1% expansion that is normal, and that normal is worrying. And Europe needs,
10:46and European countries, need to work on increasing this potential to increase prosperity of its
10:53citizens, to make it easier for the governments to provide public services. And that requires reforms.
11:01In several countries, sovereign bond yields have come under pressure. Is this a warning from the markets?
11:10Indeed, governments in Europe and across the world, they pay more to service the debt. And this increase
11:17is, to some extent, it's global. It's linked with higher prices, higher interest rates with central
11:23banks in the world. But there is a local perspective and countries in Europe that have higher public
11:31debt, that have more political instability, that have uncertain fiscal prospects, they pay more. And
11:39that is a powerful reminder that we cannot run very large budget deficits forever, and that public debt
11:45needs to be serviced. And the costs of servicing this debt can crowd out other public spending.
11:51This brings me to France. Could France become the next weak link in the Eurozone, potentially threatening
11:59financial stability across the monetary union? I mean, it's well within France's ability to
12:06stabilize and bring down bond yields and the costs of servicing public debt. But that requires quick
12:16adoption of the 2027 budget, it requires putting public debt at a sustainable path. And the elections
12:25next year, that brings an ability for France to set the new path in this respect and stabilize the
12:32situation. So far, it's still an orderly, yes, the yields are higher, but the markets are functioning normally.
12:41Are you worried about the growing political instability in Europe? I mean, looking at France, you mentioned
12:47the elections, looking at Spain, where we have elections, looking at Germany?
12:52I mean, in Europe, we always have elections. So that says that there's nothing to there's nothing
12:56But maybe not that consequential.
12:57There's nothing to worry about. Whatever. I mean, okay, the IMF is never commenting on the on the elections
13:04themselves. But we do comment on policies. And that that is rather clear what needs to be done.
13:09What needs to be done is to, to stabilize public debt, and, and make sure that that growth accelerates.
13:18And that that is, and these growth enhancing reforms will make also the political tensions within
13:24countries much less. When, when wages grow, when, when prosperity grows, then the the the political
13:34pressures also fall. There's no shortage in Europe of economic diagnosis. You know, think about the
13:42Draghi report years ago, why is it so painfully slow to implement the recommendations? I mean,
13:49growth enhancing reforms, the ones that influence the way firms do business, the way we pay taxes,
13:57they first of all, they always take time. And they are sometimes less flashy than the the big
14:02announcement on, on new spending measure, for example. So it has to be said that a lot is being
14:09implemented across European countries, and also in in Brussels. So, so I would, I would say give it
14:18time. Yeah, the the thing is that the world is not standing still. The world is changing the economic
14:23structure of of European economy needs to change more quickly. And European firms indeed lack, lack
14:30flexibility and scale. And for that, we that there is more needs to be done. Coordination is always
14:36difficult. But I'm hopeful that that the improvement will happen and Europe will be more prosperous.
14:43All right. Mateusz Szurek, thank you so much, head of the IMF's European department. Thank you for your
14:49time today. Now, Nvidia is at the center of the global artificial intelligence revolution. But the
14:55American chip giant is now facing an extraordinary crisis, following the shock resignation of its CEO,
15:02Jensen Huang, amid allegations of an espionage scandal. The implications could go far beyond one company's
15:09leadership, raising serious questions about corporate security, China's intelligence ambitions,
15:14and America's technological supremacy. So also to answer all these questions, I'm now joined by
15:20Andrea Renda, head of research at the Center for European Policy Studies here in Brussels. Good morning.
15:26Always great to have you on. Good morning. So let's go right to it. Jensen Huang's resignation,
15:33certainly the end of an era. Could this become a major crisis for the entire global AI industry?
15:41The answer is yes, because Jensen Huang is not just basically the tech leader of the past few years,
15:50the person that has led the company that was doing GPUs for video games into becoming the backbone of the
15:58modern AI revolution. But he is also a diplomat, a tech diplomat for the United States around the world,
16:04who's been striking deals, who's been sitting with presidents everywhere. So there is a soft power in
16:08Jensen Huang, which is also driving the whole AI industry. And his policy of buying shares or facilitating
16:16the rise of other companies around its ecosystem has really created something that sustains itself,
16:22also because Jensen Huang's has been really somehow the master of puppets of everyone.
16:27So now that you mentioned that, how much damage could this scandal do to the confidence to the global
16:34AI community, particularly investors and governments? I think it's early days. The scandal could remain
16:41self-contained to the position of Jensen Huang. Nvidia, of course, is a fantastic company. It's a very solid
16:47company. It can continue. It will continue producing its chips. But there is a value to a CEO, to a
16:54very
16:54charismatic CEO of a company, which is enormous. We've seen that with Sam Altman, with others. I mean,
16:59the markets have been valuing enormously these figures. So with the loss of confidence and also
17:05the loss of strategic positioning, Nvidia is considered to be structurally important and strategic for the
17:12whole of the United States. You know, the whole AI industry might lose its trailblazer and its leader.
17:18And this might mean everyone will now look for alternatives. And this might lead to a slowdown in
17:24the whole industry.
17:25Is China's intelligence apparatus now playing a much more sophisticated
17:31game here, not only targeting technology, but also the people who control it?
17:36I think China has been very sophisticated in building its own AI industry. It uses everything.
17:40I'm not sure it uses spies as well. I think there is much more to this story that we will
17:45discover
17:46in the coming days. There will be an investigation and so on. So it's early days. It's not necessarily
17:50about Chinese spying. It's about selling chips to China and dodging export controls. So there are
17:57two sides to this story. We will discover whether it's actually China orchestrating all this, or it's
18:02actually a businessman with the sort of tacit consent of the US administration managing to do
18:08business in a very successful way across the world.
18:11Interesting. And what should Europe take away of all this?
18:15Well, I've been critical in the past of the excess dependency on one supplier in Europe's factories
18:20and future gigafactories had featured. I think we should diversify. We should make sure that we don't
18:26depend on one single supplier. And also, we should make sure that gradually we build our own internal
18:31capacity to produce chips or source chips from trusted partners. Now, this is not going to change
18:37for the time being. Nvidia chips are the leading ones in the market. And if we want to build our
18:41own
18:41tech leadership over the coming years, we still should continue purchasing those chips, but also
18:48trying to look for alternatives and also trying to be a bit smarter on the global market.
18:53And finally, who benefits from this crisis, briefly?
18:57Well, the only ones that so far stand to benefit, well, certainly some of the Chinese companies might,
19:02although they might not be able to use the Nvidia chips that they've been using for years.
19:06Definitely the tech giants, the old ones, we might say, once we were calling them the new ones,
19:11right? Alphabet or Microsoft, that are building their own chips. They're recently also releasing
19:16very important chips. Also, OpenAI has been building its own chips. They might stand to lead because the
19:21whole market will look for alternatives and they are very attractive ones.
19:24All right, Andre, a fascinating conversation. We'll continue that one day. And that does it for us
19:29today, this morning. Thank you for watching. I'm Stefan Grobe. Take care. And I'll see you on Monday.

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