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US Bitcoin ETFs saw $1.14 billion in outflows over two weeks, the largest since their launch, as trade tensions and monetary policy concerns weighed on investor sentiment.

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Trump makes Starmer’s life harder

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Trump makes Starmer's life harder

👉Listen to Politics At Jack And Sam’s on your podcast app👈

Sky News’ deputy political editor Sam Coates and Politico’s Anne McElvoy have their guide to the day ahead in British politics.

On the third anniversary of Ukraine’s invasion, Sam and Anne take stock on the milestone’s significance for global politics. With transatlantic tensions remaining, from a controversial UN vote to high stakes talks at the White House, they break down the fresh wave of sanctions and domestic drama. How will Starmer manage Trump when he visits later this week?

And conservative Christian Democrat (CDU) leader Friedrich Merz received the highest vote share in the German elections over the weekend, most likely securing his place as the country’s next chancellor. What impact will he have on Europe’s political landscape?

Plus, Sam and Anne outline what to expect from the rest of the week.

You can send us a WhatsApp on 07511 867 633 or email us: jackandsam@sky.uk

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Montana’s Bitcoin reserve bill rejected by House lawmakers

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Montana’s Bitcoin reserve bill rejected by House lawmakers

Montana’s House of Representatives voted 41-59 against a bill that could have seen the US state establish a Bitcoin reserve.

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Starmer says ‘US is right’ about UK and Europe needing to take more responsibility for defence

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Starmer says 'US is right' about UK and Europe needing to take more responsibility for defence

Sir Keir Starmer has said the United States “is right” about the UK and Europe needing to take more responsibility for defence and security.

The prime minister, speaking at the Scottish Labour conference in Glasgow on Sunday, said he is clear Britain “will take a leading responsibility” in protecting the continent.

“Instability in Europe always washes up on our shores,” he said.

“And this is a generational moment. I’ve been saying for some time that we Europeans – including the United Kingdom – have to do more for our defence and security. The US is right about that.”

He added “we can’t cling to the comforts of the past” as it is “time to take responsibility for our security”.

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Donald Trump sparked an emergency meeting of European leaders this week after he said European NATO members should spend more on defence, while the US should spend less.

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Will Trump and Starmer have a ‘Love Actually’ moment?

Sir Keir has said he will set out a path for the UK to spend 2.5% of GDP on defence, up from the current 2.3%, but has not indicated when that will be.

It is believed he may announce the details when he visits Mr Trump in Washington DC on Thursday, bringing forward the announcement that was expected in the spring when a defence spending review is published.

The prime minister reiterated the UK will “play our role” if required in Ukraine following a peace agreement after he earlier this week said the UK would send troops to be part of a peacekeeping force.

Pic: AP
Image:
Sir Keir will meet Donald Trump in the White House on Thursday. Pic: AP

However, his comments caused a row with Germany and Italy who said it was premature to commit to boots on the ground, although France agreed with the UK.

Sir Keir said: “As we enter a new phase in this conflict, we must now deepen our solidarity even further.”

He added: “There can be no discussion about Ukraine without Ukraine.

“And the people of Ukraine must have long-term security.”

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Starmer tells Zelenskyy this is ‘significant moment’ for European security
Sombre Starmer and Europe confront emerging new world order

This week has seen US officials meet their Russian counterparts in Saudi Arabia to discuss Ukraine – which has been met with indignation by Ukrainian President Volodymyr Zelenskyy as none of his team were invited.

No Europeans were invited either, sparking concern the US is pandering to Vladimir Putin.

Sir Keir has promised Mr Zelenskyy he will make the case for safeguarding Ukraine’s sovereignty when he meets with Mr Trump, who has called the Ukrainian president a dictator.

Mr Trump also said Sir Keir and French President Emmanuel Macron, who will visit the White House too this week, “haven’t done anything” to end the war.

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