Reuters World News - Russian proposals in Ukraine plan, Nigeria abductions and Shein in court

Episode Date: November 26, 2025

Reuters reveals the US-backed Ukraine peace plan drew from a Russian-authored document. More than 300 students remain missing after gunmen abducted them from a Catholic school in northwestern Nigeria. Thanksgiving flight bookings are down. Plus, France is seeking a three-month suspension of Shein over sales of childlike sex dolls and banned weapons. Recommended Read: Exclusive: How Gabbard's 'hunters' pounced on secret CIA warehouse for Kennedy files Listen to Morning Bid podcast here.  Sign up for the Reuters Econ World newsletter here.  Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.  You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hi, I'm Kim Vinal in Wanganui, New Zealand. It's Wednesday, November 26th. Today. Zelensky says he's ready to advance a US-brokered peace plan, as sources tell Reuters it drew from a Russian document. Nigeria grapples with mass abductions and allegations of Christian targeting. Thanksgiving travel ramps up, but not as much as you might think. And Sheehan goes to court in France. This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes, seven days a week. We start with the Reuters exclusive, which is found that the US-backed 28-point peace plan touted by President Donald Trump for ending the war in Ukraine drew from a Russian authored paper. There's been criticism among some Ukrainian, European and even US officials that the proposal is too sympathetic to Moscow. It's now been revealed that the Russians shared their conditions for ending the war with senior U.S. officials last month,

conditions like Ukraine ceding more territory in the east. That paper became a key input for the plan the U.S. eventually put forward. Before our exclusive was published, Ukraine's president said he's ready to move forward, after a meeting in Geneva, where all sides, bar Russia, worked on the U.S. proposal to make it more palatable. And I'm ready to meet with President Trump, and there are sensitive points to discuss. We have them still. The White House didn't comment directly on the Russian paper, but cited Trump's comments that he is optimistic about the 28-point plan's progress.

The FBI is calling six Democrats in for interviews after the lawmakers posted a video telling US troops they can refuse unlawful orders. You can refuse illegal orders. you can refuse illegal orders. President Donald Trump has accused the group of sedition. As we reported yesterday, the Pentagon has also weighed in, threatening to recall one of the lawmakers, Senator Mark Kelly, to active duty as he's a Navy veteran

and could potentially face military charges. The group say they were simply reflecting U.S. law that troops swear an oath to the Constitution, not to the president. The Justice Department officials says the interviews they're asking for, are to see if any laws were broken. Some big news now for anyone on Medicare. The program has negotiated lower prices for 15 of its most expensive drugs, including popular treatments like OZemPEC and Wigovi.

From 2027, OZemPEC will cost about $280 a month, down from more than 400. Other drugs for cancer, lung disease and asthma are also dropping by thousands of dollars. The pharmaceutical industry has opposed to medical, Medicare price negotiations. President Trump says China's Xi Jinping has more or less agreed to accelerate the purchase of U.S. goods after resuming purchases of American soybeans, but at a slower than expected pace.

For more market news, we have the host of Reuters' new finance and markets podcast MorningBid, Mike Doleyn. Hey, Mike. What's happening today? Hi, Kim. Today we're going to be talking about a fascinating juncture in Wall Street's AI story, invidia down, alphabet up, winners and losers. We're also going to be talking about President Trump's likely new pick for Fed Chair probably before Christmas.

And we'll talk about Britain's critical and long-awaited budget and how UK remarks are reacting just ahead of that later today. So if you want to hear more on those subjects, please tune in for the podcast later. Thanks, Mike. Make sure to follow Reuters Morning Bit so you never miss an episode. Or you can ask your smart speaker to play it, maybe. right after this. A mother waits for information about her kidnapped child, one of more than 300 taken from a Catholic school in Nigeria. Last week's mass abduction in the northwest of the country is the latest in a series of similar attacks. 24 girls taken from a different boarding school in Kibi have just been released. Details of how or why they were released are

still unknown. But as Nigeria bureau chief, McDonald-Zero-Teefe, McDonald-Zero-T, Pletway explains, money is often the motivation for this type of deduction. Kidnipers often ask for ransom, and parents obviously worried about the safety of their children. They'll scramble, sell anything they have from furniture, savings, that it's grain in their reserves, just to make sure they raise money to pay their abductors. These incidents usually follow a familiar pattern. They happen in the early hours. Most of these schools are located in remote parts of the country where security is thin.

The security apparatus in Nigeria is a little spliced. So you would imagine that most of these schools, there is absolutely no state security whatsoever. They are left to organize their own security. And McDonald says that a lack of security is being compounded due to pressure from the U.S. Donald Trump. has said that Nigeria is allowing Christians to be killed. And because of that narrative, this is a big challenge for Nigeria, make sure that it gets its act together in terms of ramping up security for everyone.

Because some of the worst affected areas are actually in the north, which is largely a Muslim region. A record number of Americans were supposed to fly this thanks a, But a 42-day government shutdown has changed that. Travelers have been spooked by weeks of cancellations and delays. Many deciding it's not worth the risk. Flight bookings for the holiday are down nearly 4.5% from last year. Duyan Solo Oladipo covers travel and spoke to us from Newark International Airport. Many Americans actually made their decision to fly or not fly for Thanksgiving in the middle of the shutdown. When they were seeing flight cuts being mandated across 40 U.S. airports, many said, I'm just not going to travel this year. Once that shutdown ended, many of them did not change their mind. Now, airlines are splits, with some saying they're expecting record travelers, and some saying they can't even forecast how many travelers they would see due to the shutdown. And the holiday travel period is when

many airlines expect many bookings, they expect healthy diminution. And so if you have the impact of the shutdown lingering into Christmas and the holidays, it could impact their bottom line. In Gaza City, Nora Carrera uses a pot to clear pooled water from between tents. She says she's trying to stop her children from getting sick. Heavy rain has been swamping the tents of thousands of homeless Palestinians facing the prospect of harsh winter storms without sturdy shelter. The United Nations says it's working to bring winter supplies into Gaza,

but the number of trucks able to enter the enclave is being limited by Israeli curbs on aid groups. Israel says it is complying fully with obligations under the true steel and doesn't stop any aid from entering Gaza. While shoppers in Paris might be perusing the racks in Sheehan's first brick-and-mortar store, the fashion giant is in court in Paris today, facing a three-month suspension of its online shopping site in France. French officials want to see Sheehan show more concrete measures to protect French consumers from harmful content after childlike sex dolls and banned weapons were found on the site via third-party sellers. Helen Reid covers the European retail industry.

The French government is really using every rule in the book. to try and pin Sheehan down. And their case really rests on a particular article of the digital economy law. We had a French finance ministry official who said Sheen is clearly very powerful. They run a very successful, massive online platform. So why would it not have the technological and financial means to ensure that such products don't end up on the platform. If it is suspended in France,

it would hit Sheehan just at the time when it's hoping to get many, many orders through for Christmas gifts. It's the busiest time of year for all retailers, of course, these weeks running up to Christmas. So it would be

really terrible timing. Helen says Sheehan has made some efforts to address France's concerns. Sheen decided to suspend it marketplace in France in order to review all of the sellers on there and to ensure what they called full adherence to French law and the highest standards of consumer protection. What the French government says is that there's basically nothing to say that if they reopen

the marketplace tomorrow that these products wouldn't be found on there again. And for today's recommended read, a Reuters exclusive on how a team from Tulsi Gabbard's office surprised the CIA, pouncing on a secret warehouse to seize classified files on the assassinations of Robert F. Kennedy, John F. Kennedy, and Martin Luther King Jr. You can read more on that story in the pod description. For more on any of the stories from today, check out Reuters.com or the Reuters app. Don't forget to follow us on your favorite podcast player. If you're listening on a smart speaker, just ask for the latest news from Reuters seven days a week. We'll be back tomorrow with our daily Headline Show.