A.M. Edition for Mar. 3. European leaders scramble to patch up differences between Kyiv and Washington following Friday’s public clash between Presidents Zelensky and Trump. The WSJ’s Laurence Norman reports that although British and French-led plans to put troops on the ground in Ukraine are attracting growing support, they still require buy-in from the U.S. Plus, consulting bosses scramble to defend billions of dollars in U.S. government contracts. And state legislatures resume their push to protect kids online, putting app-store operators on the defensive. Luke Vargas hosts. Check out our special series on how China’s trillion-dollar infrastructure plan is challenging the West. Learn more about your ad choices. Visit megaphone.fm/adchoices
Chapter 1: How are European leaders supporting Ukraine amid US tension?
Ukraine's allies rally around President Zelensky in London. But how much can they do for Kiev without American support? Plus, consulting bosses scramble to defend billions of dollars in U.S. government contracts. And state legislatures resume their push to protect kids online, putting App Store operators on the defensive.
We've seen bills in at least nine states introduced in the last couple of months. And they think that using the app stores is a bit cleaner because there are only a couple of big app stores in Apple and Google. And so in theory it should be easier for them to verify the ages of users before they can download apps.
It's Monday, March 3rd. I'm Luke Vargas for The Wall Street Journal. And here is the AM edition of What's News. The top headlines and business stories moving your world today. After publicly clashing with President Trump on Friday, Ukrainian President Volodymyr Zelensky met with nearly 20 allies in London yesterday.
A last-minute diplomatic gathering that attracted the leaders of Germany, Italy, France, Canada and Turkey in a show of support for Kyiv. But beyond optics, I asked the Journal's Deputy Brussels Bureau Chief Lawrence Norman what concrete progress came of the gathering.
Chapter 2: What are the challenges of placing European troops in Ukraine?
Chapter 3: How are state legislatures aiming to protect children online?
We've seen bills in at least nine states introduced in the last couple of months. And they think that using the app stores is a bit cleaner because there are only a couple of big app stores in Apple and Google. And so in theory it should be easier for them to verify the ages of users before they can download apps.
It's Monday, March 3rd. I'm Luke Vargas for The Wall Street Journal. And here is the AM edition of What's News. The top headlines and business stories moving your world today. After publicly clashing with President Trump on Friday, Ukrainian President Volodymyr Zelensky met with nearly 20 allies in London yesterday.
A last-minute diplomatic gathering that attracted the leaders of Germany, Italy, France, Canada and Turkey in a show of support for Kyiv. But beyond optics, I asked the Journal's Deputy Brussels Bureau Chief Lawrence Norman what concrete progress came of the gathering.
So the UK and France are working on plans that would put a force of thousands of Europeans into Ukraine under a peace deal. It wouldn't sit on the border, it would be placed elsewhere in Ukraine. Sie hatten zwei andere Aufgaben in London. Eine war, den Rauch zwischen Trump und Zelenskyj zu patchen. and to get the Ukrainians and the Americans to agree on a deal for minerals in Ukraine.
It's not clear that that move forward. And secondly, is that even the Brits, who are very clear that they are willing to put troops in Ukraine under a peace deal, say they need Washington to provide some kind of protection for those European forces if they come under attack from Russia. And Donald Trump has been anything but clear about whether he's willing to commit.
Meanwhile, Israel says it is stopping the entry of goods into Gaza after a ceasefire officially expired over the weekend without any agreement with Hamas on what comes next.
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Chapter 4: What are the latest updates on the Israel-Gaza ceasefire?
Hours before the ceasefire expired, Israel said it had agreed to a US proposal to extend the agreement, which would see the release of more hostages and delay until April talks to permanently end fighting, but that Hamas had refused the offer.
Hamas sagte, dass Israel seine Kontrolle über Hilfe nach Gaza verwendet hat, um es in einen neuen Vertrag zu fordern, anstatt es zu erlauben, etwas zu sagen. Beide Seiten vorbereiten sich für eine Rückkehr zum Kampf.
Und der US-Sekretär des Staates, Marco Rubio, sagte am Wochenende, dass er die Geheimdienste verwendet hat, um die Ermittlung von etwa 4 Billionen Dollar in Militärhilfe nach Israel zu steigern. We are exclusively reporting that executives at some of the biggest U.S.
consulting firms are meeting with Trump officials to defend their contracts amid the administration's push to slash federal spending. That's as the General Services Administration, or GSA, has given procurement officials at federal agencies until Friday to list and justify consulting contracts they intend to keep from 10 companies, including Booz Allen, Accenture and GuideHouse.
Chapter 5: How are consulting firms defending US government contracts?
According to the GSA, the 10 highest paid consulting firms are set to receive more than $65 billion in total fees across 2025 and future years, money that has yet to be spent. In meetings with Trump officials, executives were told that the government still sees value in consulting, particularly in rolling out advanced technology and modernizing agencies.
Chinese buyers are getting around US export controls to order NVIDIA's latest artificial intelligence chips. According to our reporting, traders in China are selling computer systems with NVIDIA's Blackwell chips installed by routing them through third parties in nearby regions like Malaysia, Vietnam and Taiwan, with some sellers promising delivery within six weeks.
NVIDIA said it would investigate every report of possible product diversion and take appropriate action. The grey market activity poses a fresh challenge for Washington, which is weighing how to manage a technological arms race with Beijing.
And speaking of the great power rivalry between the world's top two economies, we're working on a special series about how Beijing is using its trillion-dollar Belt and Road Infrastructure Program to undercut American dominance on the world stage. The second episode of Building Influence is out now on the What's News feed.
Chapter 6: How is China's Belt and Road Initiative affecting global dynamics?
25% US-Tarif auf Importe aus Kanada und Mexiko werden morgen in Effekt gehen, mit einem zusätzlichen 10%-Tarif auf Produkte aus China.
Während ein weiterer 11-Hour-Deal, um diese Zeit zurückzuführen, eine Möglichkeit bleibt, wollten unsere Kollegen bei WSJs Take-on-the-Week-Podcast versuchen, den möglichen Marktimpact zu finden, wenn diese Maßnahmen, plus mehr Handelsaktionen, die von Präsident Trump versprochen wurden, in Effekt kommen.
Chad Bown, ein Senior Fellow at the Peterson Institute for International Economics, said that the worsening spat with China could hit the American heartland particularly hard.
Chapter 7: What impact could US-China trade tensions have on American agriculture?
Well, agriculture back in the first trade war, that was China's choice for how to retaliate against the United States. So American Farm exports, American farmers are very, very reliant, very dependent on the Chinese market for their sales, especially for products like soybeans.
And so I think the concern there is, well, if President Trump decides to re-escalate things with China, China might choose to re-escalate by going after American farm products. They haven't done it yet. That was not part of their retaliation package so far, but they could.
And to hear that full interview, including Chad Bounds' analysis on how tariffs could hit the chips industry, North American manufacturers and overall US GDP, check out the latest episode of WSJ's Take on the Week. You can listen and subscribe on whatever platform you use to listen to us. Und in other news investors will be watching.
We are exclusively reporting that energy major Shell is exploring the potential sale of its chemicals assets in Europe and the US as it refocuses on its more profitable oil and gas operations. That is according to people familiar with the matter who say the process is in its early stages and Shell has yet to commit to any final decisions.
Und Kryptopreise haben gestern einen Boost bekommen, nachdem Präsident Trump sagte, dass er sich mit der Erstellung einer Krypto-Strategie-Reserve bewegen würde, die Bitcoin und Ether, sowie drei kleinere und riskierere Token, inkludieren würde. Trump hat keine weiteren Details geöffnet, aber er wird auf Freitag eine erste White House-Krypto-Summit aufrufen.
Coming up, state legislatures are picking up the fight over online child safety and who should be responsible to verify the ages of social media users. That story after the break.
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Chapter 8: What strategic changes is Shell considering in its operations?
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Let's revisit a story now that we spent a good deal of time talking about here and on What's News Sunday last year. The fight over online child safety. The journal's Amrith Ramkumar reports that fight is back on at state houses around the country. And it now features a rift between some of America's largest tech and social media platforms. Amrith, walk us through what's been going on lately.
It sounds like there's been kind of a flurry of activity.
Yeah, we've seen bills in at least nine states introduced in the last couple of months, including Utah, South Carolina, Hawaii, South Dakota. They're basically called App Store Accountability Bills. The latest in a long string of things that lawmakers have attempted.
And so they think that using the App Stores is a bit cleaner because there are only a couple of big App Stores in Apple and Google and they collect a lot of data on users already, so in theory it should be easier to Sorry to cut you off, what about any activity in Washington?
Yeah, lawmakers at the state and even federal level definitely feel a lot of pressure to get anything done in the kids' online safety realm. Senator Mike Lee introduced a bill last year and I recently talked to him and he said he plans to reintroduce it and hopefully get more momentum. He introduced it late in the session near the election, so there wasn't much progress made there.
Last year there was a big kids' online safety bill that got killed after lobbying by Meta. Das ist ein langer Kampf und es wird viel Lobbying auf beiden Seiten geben.
Was sagen die App-Store-Operatoren bei diesem Kampf, um den Heat auszunehmen?
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