American and Ukrainian officials tout progress on a peace plan to end the war with Russia following talks in Geneva.
Plus,
global stocks start the week on a brighter note as traders increase bets on a December rate cut.
And Brits brace for higher taxes as the UK's labor government prepares its latest budget.
Markets have been getting a little nervous about the demands by Britain for borrowing,
so they're having to tighten their belt,
and if you look at it like a business or a household,
their costs are going way up, but their revenues are not, so they need to address that.
It's Monday, November 24th.
I'm Caitlin McCabe for The Wall Street Journal, and here's the AM edition of What's News,
the top headlines and business stories moving your world today.
The White House says it has made progress toward ending the war in Ukraine,
following what it called constructive talks with Ukrainian officials.
U.S.
and Ukrainian representatives met in Geneva over the weekend to discuss President Trump's proposed 28-point plan to end the war,
which raised alarm among U.S.
allies who said it could infringe on Ukraine's sovereignty and security.
Although not providing specific details,
a statement from the White House said the talks had resulted in a,
quote, updated and refined peace framework.