Good morning from the Financial Times.
Today is Wednesday, March 5, and this is your FT news briefing.
Ukraine's president says his country is ready to talk about peace.
And private equity has taken a hit.
Plus, Taiwan thinks it has a bargaining chip with Donald Trump.
So TSMC is also known in Taiwan as the holy mountain that protects the nation.
Now, these days, people are discussing whether the mountain is being moved.
I'm Mark Filipino, and here's the news you need to start your day.
Volodymyr Zelensky is working hard to repair his relationship with US President Donald Trump.
That comes after a tense meeting with the White House last week.
On Monday, the US Said it was suspending all military aid to Kyiv.
The move stunned Ukrainians and European allies.
A pause would really limit Ukraine's ability to hold the front line in the war with Russia.
Zelensky said on Tuesday that the Oval Office meeting was regrettable.
He said that his country is still willing to sign a minerals deal with the US at any time.
TSMC is Taiwan's technological crown jewelry, but in recent months,
the company has faced a lot of pressure to cozy up to the U.S. that's
because Trump has accused Taiwan of stealing America's semiconductor business.
But on Monday, TSMC made an effort to get on Trump's good side.
So we are now very happy to announce we are going to invest additional US$100 billion in Arizona.