Reuters World News - Starmer meets Trump, Musk at cabinet, Gene Hackman and Andrew Tate
Episode Date: February 28, 2025President Donald Trump meets British Prime Minister Keir Starmer as the UK seeks a U.S. security backstop for Ukraine. Elon Musk has a starring role at Trump's first cabinet meeting. Judges question t...he secrecy of DOGE’s activities. Andrew Tate and his brother have left Romania on private flight bound for the U.S. And Gene Hackman and his wife have been found dead in their New Mexico home. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Find the Recommended Read 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
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Today, Britain's Kirstama hopes to persuade President Trump to offer a security backstop for Ukraine.
Trump himself shares a spotlight with Elon Musk at his first cabinet meeting.
And we dig into why Musk's doge activities are confounding U.S. courts.
It's Thursday, February 27th.
This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes every weekday.
I'm Christopher Waljasper in Chicago
And I'm Tara Oaks in Liverpool
Award winning actor Gene Hackman
and his wife Betsy Arakawa
have been found dead in their home in New Mexico
A county sheriff says the couple died along with their dog
And that there is no immediate indication of foul play
Hackman who was 95
Was a Hollywood legend
Thanks to Star Turns in the French Connection
Mississippi Burning and the Royal Tenenbaum's
Internet personality Andrew Tate, along with his brother Tristan,
have left Romania on a private flight bound for the US.
The Tate brothers are under criminal investigation in Romania on accusations of human trafficking.
They have denied all wrongdoing.
Buses carrying hundreds of freed Palestinians arriving in Gaza's Khan Yunus.
An overnight swap after a standoff.
The first phase of Gaza ceasefire is set to end this week,
and the fate of Phase 2 and the remaining 59 Israeli hostages remains unclear.
Supreme Court Chief Justice John Roberts has paused a federal judge's order
requiring the Trump administration to pay out foreign aid funds.
Roberts gave no explanation for the order,
which will ultimately give the top court more time to consider the administration's request
to block the judge's ruling.
An unvaccinated child in West Texas has died of measles.
It's the first reported US death from the highly contagious disease in 10 years.
A Texas outbreak has grown from a handful of cases to more than 130.
Jailed PKK militant leader Abdullah Ergelan is expected to give a statement later today.
It's one that Ankara hopes will pave the way for the group to disarm an end of four-decade insurgency against Turkey.
You can follow along with the expected statement and developments on Reuters.com and the Reuters app.
Nvidia has beaten expectations with the 78% jump in revenue year over year.
Investors were on the lookout for signs of slowing demand for Nvidia's wares and a slowdown
in the AI-fueled market boom. Amanda Cooper is here to break down the Q4 numbers for us.
Bear in mind, Nvidia routinely beat analyst expectations, but the scope of that beat has narrowed
as, of course, competition has heated up from other market players. I think the take home from
Nvidia, judging by the very muted reaction in the stock price, suggests that the absence of any
major surprises are basically good news. Results haven't gone far enough perhaps to soothe some of
the concerns that people had about overspending in the industry in light of the emergence of
China's deep-seat model in late January, which got everybody thinking that perhaps the race
for AI dominance can be won by spending less money and using less sophisticated changes.
There's a whole galaxy of stocks that react to whatever Nvidia does or says or to perceptions
around what demand might look like for Nvidia, but even those are on a very even keel this morning,
which suggests that no bad news is good news.
British Prime Minister Kirstama is meeting US President Donald Trump later today.
It's their first in-person meeting since the Republican leader upended US policy on Ukraine,
the Middle East and global trade.
A UK bureau chief Kate Hilton is here to tell us what stocks.
He is hoping for from the meat.
He is hoping to build on what so far is a relatively solid relationship with Donald Trump.
The men have met before and they've spoken, I think, three times since Trump was re-elected.
So far, Trump has been quite complimentary about Stama in public.
Same is a very nice guy and that the UK on tariffs may not be as bad as Europe.
The key thing really is, though, about Ukraine.
What Stama has said is that he fully accepts what the US has long said, which is that European nations should be spending more on defence.
And Stama has responded by saying he will increase UK spending on defence, going to 2.5% of GDP by 2027.
He has also floated the idea of offering UK troops in some kind of peacekeeping role if there is an established peace in Ukraine.
but he says that in order for that to work and in order for it to have any teeth,
it has to have some kind of US backstop.
So what that would mean would be the Americans providing perhaps air cover or logistics support.
So he's hoping to build on that.
Donald Trump said overnight that he didn't see the US giving much on any kind of security role,
security guarantee that he expects the Europeans to do that.
So that's really where the difficult part of the conversation will come.
While Starm is in Washington hoping for some movement on Ukraine, Trump has hosted his first full cabinet.
It turned into a lengthy Q&A session with reporters, with Trump saying his administration will soon announce 25% tariffs on Europe.
The European Union was formed in order to screw the United States.
That's the purpose of it.
He also made comments on Mexico and Canada's tariffs.
On April 2nd, I was going to do it on April 1st, but I'm a little bit superstitious.
I made it April 2nd.
The tariffs go on.
And a new immigration pathway,
if you can afford the $5 million price tag.
It's sort of a green card plus,
and it's a path to citizenship.
We're going to call it the gold card,
and I think it's going to be very treasure.
And while not an official member of Trump's cabinet,
Elon Musk was standing off to the side
in his now signature,
black Make America Great Again hat,
and a T-shirt that read tech support.
because this is actually, as crazy as it sounds, that that is almost a literal description
of the work that the Doge team is doing.
Musk made the case for the Department of Government Efficiency and its massive slashes to the federal
workforce and even whole agencies.
He also explained his email recently asking all government workers to tell him what they did
last week.
I think that email perhaps was best interpreted as a performance rate.
But actually, it was a pulse check review.
Do you have a pulse?
Do you have a pulse and two neurons?
Which Trump then doubled down on.
I wouldn't say that we're thrilled about it.
They haven't responded.
Now, maybe they don't exist.
But even as Musk got the thumbs up from Trump and his cabinet,
Doge has been the subject of a flurry of lawsuits attempting to slow down Musk's cuts.
And even as unions and Democratic states,
Attorney's General say that Doge is violating privacy laws and even the Constitution,
the courts have been more circumspect.
Our legal correspondent Tom Halls has been digging into why holding Doge accountable has
proven to be so difficult.
The Department of Justice attorneys have repeatedly told judges that Musk is a kind of just a
consultant to the president.
They have described Doge as a.
kind of just like a service that provides advice to the president. It's not really an agency because
Doge wasn't created by Congress and Musk wasn't confirmed by the Senate. So these are like pretty
important questions and judges aren't getting very good answers. For a judge to step in and order Musk
and Doge to stop doing whatever it is they're doing, the plaintiffs would have to show a imminent,
irreparable harm. And usually the courts like to use the analogy of a wrecking ball about to knock down a building.
There was one case in particular where the judge said, but all you're giving me is media reports.
You need to show me you have concrete examples of a program that's about to be cut.
And of course, they don't have that because we have no insight really at all what's happening at these various agencies and departments.
Okay.
So does Musk have any formal authority to make decisions in the government if he doesn't actually work for Doge?
They've thoroughly embraced Musk as the face of all this.
That does contradict what they actually say, tell judges and say in court filings, where they've just declined to identify who runs Doge.
And this followed some pointed questioning of the White House spokeswoman when she declined at the podium in front of the reporters to say who the administrator was.
Interestingly, on Tuesday, the administration did identify Amy Gleason as the administrator of Doge.
But at this point, we don't know anything about her.
So what's the administration's response been?
Yeah, the White House, Musk, everyone else has declined to comment when we've reached out.
But last week, President Trump was asked to describe Elon Musk's role and he said,
you can call him an employee, you can call him a consultant.
But in the end, he said, whatever you want to call him, he's a patriot.
And for today's recommended read, we travel to the ancient city of Pompeii.
Archaeologists have uncovered rare frescoes that offer fresh insight into the initiation
rides for followers of Dionysus, the ancient Greek god of wine, fertility,
theater and religious ecstasy.
You can find out more about them by following the link in our description.
For more on any of the stories from today,
check out roiders.com or the Reuters app.
Don't forget to follow us on your favorite podcast player.
We'll be back tomorrow with our daily headline show.
