The Economist.

Hello and welcome to the intelligence from The Economist.

I'm your host, Rosie Bloch.

Every weekday, we provide a fresh perspective on the events shaping your world.

Thank you. provide a fresh perspective on the events shaping your world. Unlike many cryptocurrencies, stablecoins are pegged to the dollar.

Our correspondent travel to the bazaars of Turkey to meet people using the currency to buy goods

and even invest their savings in them.

And dresses inspired by tapestries and a blazer that mimics a wooden chest.

These are just some of the items on display tonight at the Louvre's first ever fashion gala,

as the museum tries to attract new audiences and new donors.

But first...

After days of angst about the relationship between the U.S. and Ukraine,

the White House has confirmed that all military aid to the war-torn country is to be suspended.

The move seems to be a bargaining chip to get Ukraine to sign up to Donald Trump's plans.

But the president has set a very clear goal for his administration.

He wants the killing to stop.

And I think that it's very important that President Zelensky and, of course, President Putin, too.

They've both got to come to the negotiating table.

Before the aid announcement, Vice President J.D. Vance spoke to Fox News about the need for peace talks.

He showed a clear unwillingness to engage in the peace process that President Trump has said is the policy of the American people and of their president.

And Marco Rubio, America's Secretary of State, has said that squeezing Ukraine would help

get the Russians to a negotiating table.

...