Stephen Carroll

The EU has been repeatedly blocked by Hungary from passing an aid package and further sanctions against Russia.

Speaking in Kiev, marking four years of the war, von der Leyen stressed Ukraine would receive the funding.

The European Commission president's words come as Ukraine is set to run out of funds in a matter of weeks.

This is U.S.

brokered peace talks with Russia have stalled.

So those are a few of our top stories for you today.

Let's just take you through the markets this hour with European stocks heading high up by four tenths of one percent.

We are further away from the worries around artificial intelligence that we saw at the start of the week.

There was pushback from the White House against Ukraine.

That Citrine research paper on AI, FTSE 100 is up by seven tenths of one percent this morning.

Just in terms of Diageo's share price taking a significant hit this morning, down 6.6 percent.

HSBC shares, though, jumping five percent after their blowout results.

The dollar is weaker, two tenths of one percent.

The euro trading at 117.97 and gold is up by nine tenths of one percent.

I'm Caroline Hepke.

And this is Bloomberg.

And I'm Stephen Carroll.

President Trump also used his speech to claim that Iran is working to reconstitute its nuclear programme.

The accusation comes after a US military strike last June that the President had previously said resulted in the obliteration of Iran's key nuclear sites.

The United States has now amassed a military force in the Middle East not seen since the 2003 Iraq invasion and speculation is growing that President Trump is preparing for a fresh round of strikes in the coming days.