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Good morning from the Financial Times.
Today is Wednesday, May 20th, and this is your FT News Briefing.
Europe wants to start its own negotiations with Vladimir Putin,
and protests over fuel prices are erupting across Africa.
Plus, Friday is Jerome Powell's last day as chair of the Federal Reserve.
We'll take a look back at his term.
I'm Mark Filippino, and here's the news you need to start your day.
U.S.-led talks on ending the war in Ukraine have stalled out in recent months,
and this is prompting European leaders to think about creating
their own special envoy to negotiate with Russian President Vladimir Putin.
Washington and Kiev have both expressed support for Europe
to engage with Russia in parallel to the U.S.-led peace talks,
and Russia appears to be open to the idea.
So, what happens next?
Henry Foy has been reporting on this development and he joins me now.
Hi, Henry.