0:00 New this morning, Ukrainian President
0:02 Vladimir Zolinsky has said American
0:04 envoys offered a peace trade that could
0:07 make potentially the country a member of
0:09 NATO. The cost of admission would be
0:11 Ukraine giving up its entire Donbos
0:15 >> This comes after Steve Witco and Jared
0:16 Kushner spent time this week in Moscow
0:18 with Russian President Putin and then in
0:20 Dublin with President Zalinsky. Becca
0:22 Wasser, Bloomberg Economics defense lead
0:24 joins us now to discuss if this latest
0:25 offer could lead to a truce. Becca, also
0:28 in the pages of the New York Times
0:30 >> this morning. We're gonna talk about
0:32 that in just a little bit. I don't want
0:33 to bury that lead. We're gonna get there
0:35 as well. Yes, we're back. Exactly. Let's
0:36 stick with Ukraine first. What do you
0:38 make of this announcement? We did hear
0:39 from President Zullinsky. He spoke with
0:40 reporters just a few hours ago. He said,
0:42 quote, "It was the first time this had
0:44 been raised. We're discussing it with
0:45 our partners, a comprehensive security
0:47 package that could be offered to us in
0:49 these negotiations." What do you make of
0:51 this news and and do you think that it
0:53 has any likelihood of coming to pass?
0:55 I think Ukraine has been looking for a
0:57 wide array of security guarantees in a
1:01 potential post-war environment. And one
1:03 of the ones that has been very essential
1:05 has been this idea of NATO membership or
1:08 NATO like guarantees. Because at the end
1:11 of the day, no matter how this war ends,
1:13 Ukraine is going to need to ensure its
1:16 future territorial sovereignty and
1:18 security and stave off uh any threat of
1:22 potential future Russian aggression
1:24 again. So really that is something that
1:27 has been top of mind for President
1:29 Zilinski. But it is worth noting that he
1:31 said it is not his decision to make a
1:34 loan to essentially trade Ukrainian
1:37 territory, the Donbass, for security
1:40 guarantees. Um, and he would have to put
1:43 that forward to the Ukrainian people. So
1:45 I think ultimately it is not only up to
1:47 the Ukrainian people whether this moves
1:49 forward, but truly it is also up to what
1:52 happens right now on the battlefield in
1:55 Ukraine as essentially Russia is trying
1:57 to set the conditions so it can sue for
1:59 peace at the negotiating table.
2:01 >> And even that in itself is complicated.
2:03 How do you hold a referendum in a
2:05 country at war? This is one of the
2:06 debate. I mean there hasn't been an
2:07 election for this reason since the
2:09 combat started. Becca, I reached out to
2:11 some European diplomats who were in
2:13 Dublin. Um, and they had a couple
2:14 thoughts on this. One, that the Donbos
2:16 is too big of an ask. That's too much
2:18 territory. Ukraine could not agree to
2:21 see that entire part. The other was that
2:23 NATO cannot agree to allow Ukraine into
2:27 its territory while it is still in
2:29 conflict in the current situation. This
2:31 was one of the arguments in the Biden
2:32 administration. They kept promising
2:34 Ukraine would become a NATO member of
2:35 NATO. And on its face, European allies
2:38 were okay with it. But you can't, if you
2:39 have article 5, which is a mutual
2:41 defense pact, you can't admit a country
2:43 that's actively at war. There's a lot of
2:44 complications there. I don't know how
2:46 realistic this is and I don't know if
2:48 Europeans would get on board with this.
2:50 I'm wondering what your take is.
2:52 >> I mean, I think Russia knows all of this
2:53 as well and it's that's why it's
2:55 entertaining this deal, which frankly
2:58 could actually end up in Moscow's favor
3:01 more than Ukraine's. Uh, but for Europe,
3:04 it is a big question. And also let's be
3:07 honest you know NATO is not necessarily
3:09 in lock step. It is not this uh solely
3:12 unified uh you know brain that thinks
3:15 alike these are all individual nations
3:17 that have different threat perceptions
3:18 and different risk tolerances. So it
3:21 will be really difficult to get all NATO
3:23 members on board with everything. So it
3:26 is a proposal that is new and is
3:28 different and is showing some type of
3:30 progress uh you know at the negotiating
3:33 table but whether it is realistic and
3:35 whether it can be achieved is really the
3:38 open question right here. However, these
3:41 discussions are worth having because
3:43 Ukraine is coming up at the end of its
3:45 fifth year and at this point, everyone
3:48 wants the conflict to end, but it needs
3:51 to end on terms that do not compromise
3:54 Ukraine sovereignty as well as European
3:57 security architecture.
3:58 >> Becca, I'd like to get your observations
3:59 of the shuttle diplomacy that's been
4:01 taking place here, led by Steve Witoff
4:02 and Jared Kushner, aside from the fact
4:04 that we can all remark on Jared Kushner
4:06 dressing inappropriately for the weather
4:08 >> David is very upset. V-neck when the
4:11 snow was falling on the tarmac there in
4:13 in Moscow. What do you make of the
4:15 status of those talks? Do they show any
4:17 signs of bearing fruit um to you? What
4:20 are you watching for as they continue to
4:21 play out here uh in in in capitals
4:25 >> Well, definitely watching to see what
4:26 Jared is wearing. Obviously, that's the
4:28 first and foremost uh thing top of mind.
4:31 >> You know, actually, I enjoy that we're
4:32 discussing what a man is wearing for
4:33 once on television. So, I'm going to
4:35 endorse this conversation. Becca, please
4:36 [laughter] continue.
4:37 But you know there is progress being
4:39 made and it is good for these
4:40 conversations to be had but they need to
4:42 be had in good faith and all of this is
4:45 not happening in a vacuum. It is not
4:46 like there is a standstill on the
4:48 battlefield as these conversations are
4:50 taking place. There is still a war of
4:52 grinding attrition going on. There are
4:54 still barges of missiles and drones that
4:57 are hitting capital cities every
4:59 evening. And this is important to keep
5:01 in mind as these conversations are
5:04 happening. you know, there is this
5:05 renewed flurry of diplomacy as you know,
5:08 Jared Kushner and Steve Woodco are back
5:11 at it, but whether they can actually be
5:13 successful in changing anything on the
5:16 ground, particularly as we are
5:18 continuing to see not only, you know,
5:21 nightly territorial uh barges, we are
5:25 also continuing to see things like
5:27 outages of Star Shield and Starlink that
5:30 are having a material effect. Becca, I
5:33 wanted to ask you about that because as
5:34 I was doing a sweep of headlines uh in
5:35 the we early hours of this morning, one
5:38 of the ones that came across was pretty
5:39 frank. Ukraine is running out of options
5:41 and Russia knows it. And one of the
5:44 things playing into that, of course, is
5:46 this star shield. More accusations that
5:47 it was throttled again this last week
5:49 from President Sinsky,
5:51 denials from Elon Musk and the White
5:53 House. Do we know what's going on there
5:55 and why this seems to be a habitual
5:58 uh you know open question as to why it
6:00 keeps on happening and who is uh at
6:03 fault with last time this occurred you
6:05 know there was a bit of a pointing the
6:07 fingers and blame game from uh you know
6:10 Elon Musk and the White House both
6:12 pointing fingers at each other uh but
6:15 you know it is very clear that this
6:16 keeps on happening uh in a way to
6:20 essentially halt some of Ukraine's
6:23 momentum uh Russian advances at the you
6:27 know at the line of battle essentially
6:30 have slowed. They have not been able to
6:31 take as much territory as they have in
6:33 years past. They are also having uh
6:36 significant recruitment uh challenges as
6:40 frankly losses are outpacing
6:42 recruitment. Um and things aren't
6:44 looking great for Russia along the front
6:47 lines. Um, and some of these outages and
6:49 some of these efforts are slowing down
6:52 Ukraine's ability to not only uh defend
6:55 that front line, but also defend further
6:58 back and pursue some of its strategy to
7:01 try and hold Russia at risk. So, all of
7:04 this means that uh it shifts things on
7:07 the battlefield in Russia's favor, which
7:09 allows Russia to have a more
7:11 advantageous position at the negotiating
7:14 >> There are wars on two fronts. This is an
7:16 interview on two fronts as well. I
7:17 promised we'd get to the Middle East, so
7:18 let's let's go there. We had President
7:19 Trump on Truth Social this week writing,
7:21 "We don't need a deal with Iran. Those
7:23 days have long since passed. We got
7:25 their money. Hundreds of billions of
7:26 dollars, and we've got their straight."
7:28 And days later, he said this to Stephen
7:30 A. Smith. Let's take a listen.
7:31 >> It's an evil empire, and we've knocked
7:34 the hell out of them, and they won't
7:36 have a nuclear weapon. We've taken that
7:38 away, and we'll make sure we take it
7:39 away. That's why I'm there.
7:41 >> Why is it still going on? Why haven't
7:42 they been finished? Because I've heard
7:44 you say you could take them out. You can
7:46 end this. Why haven't you?
7:48 >> Uh I could end it immediately at the
7:52 request of the nations that I'm looking
7:54 to protect. We are uh doing it a little
7:57 bit longer way, a little bit more
7:59 civily. Uh Saudi Arabia has asked me to
8:03 please just let it be the way it is now
8:06 for a while because they're
8:09 >> Stephen I Smith asking about the
8:10 conclusion of this war and I mentioned
8:11 that piece that you've written with Dina
8:13 in in the New York Times. you're
8:14 thinking about the region after this
8:16 war. Here you go. Hold it up. The region
8:18 after this war ends. Talk a bit about
8:20 sort of the the way that you're thinking
8:22 about what US involvement in the Middle
8:24 East might look like after this conflict
8:25 comes to an end when indeed that
8:28 >> You know, whenever that happens and
8:30 however it happens, the US is not just
8:32 going to walk away. And I think that is
8:35 a bit of a misconception that a lot of
8:37 folks have. The US is going to remain
8:39 engaged in the region, but its terms are
8:42 going to be quite different. And I do
8:44 think it is going to be a more narrow
8:46 definition of protecting its core
8:48 interests. But there's also operational
8:51 reasons why the US military is not going
8:54 to go back to the bases uh where it once
8:57 stood in really large formations with
9:00 really expensive equipment just sitting
9:01 there. And part of that is the
9:03 operational risks to them based on uh
9:07 Iran's ability to uh threaten those
9:10 bases and those locations. And so it
9:13 provides an opportunity, as you know,
9:15 inverse as that might seem, [snorts] an
9:17 opportunity for the United States to
9:19 remake its posture to reset its line so
9:22 that it has a more resilient approach
9:25 within the Middle East. But it also
9:27 allows for the Gulf states in particular
9:29 to take greater agency and to take
9:32 greater responsibility for their own
9:33 security. And that is frankly the way in
9:37 which the region ought to move forward.
9:39 It requires a regional security
9:41 architecture, not one that is
9:43 essentially protected from afar by the
9:45 United States. You and our colleague uh
9:47 Dina Fandieri argue that what that looks
9:50 like instead of these behemoth bases
9:53 that are almost indefensible because
9:54 they're so big and outdated, smaller
9:56 installations and allied nations like
9:58 Saudi Arabia, Jordan, Israel, as you're
10:01 just talking about a more diffuse
10:02 presence. My question for you is those
10:05 things made those countries a target for
10:06 Iran in this latest conflict. Do you
10:08 think the willingness is there for them
10:10 to host such diplomatic outposts for the
10:12 US? I think you hit on the most
10:15 important part in what we wrote, which
10:17 is the US can have all of these plans,
10:19 but ultimately they are not the ones who
10:21 fully get to decide. All of this hinges
10:23 on allies and partners providing access,
10:26 overflight, basing opportunities. And
10:29 frankly, it's not just in the Middle
10:30 East. It also is very relevant to
10:33 Europe. If I want to bring this
10:34 conversation back to where we started,
10:37 if the United States is going to have a
10:39 smaller, more distributed presence in
10:41 the Middle East, it's going to need to
10:43 project power from Europe. And that
10:45 means having access and overflight at
10:48 European bases at the very same time
10:50 that the US is trying to reduce some of
10:53 its commitments to NATO.