Bloomberg Daybreak: Europe Edition

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) US President Donald Trump’s threat to blockade the Strait of Hormuz after talks with Iran collapsed over the weekend risked widening a war now entering its seventh week, lifting oil prices and raising the prospect of further economic pain around the globe.

(2) Oil surged while stocks and bonds fell after President Donald Trump ordered a blockade of the Strait of Hormuz, heightening tensions with Iran following the collapse of weekend peace talks.

(3) The UK will not take part in the proposed US blockade of the Strait of Hormuz, setting up yet another point of contention between President Donald Trump and Prime Minister Keir Starmer over the conflict in Iran.

(4) Peter Magyar, Hungary’s next prime minister, outlined sweeping changes after ending Viktor Orban’s 16-year rule in a landslide election victory that will redefine the country’s ties with the European Union, Russia and the US administration of President Donald Trump.

(5) Hungary’s forint surged to a four-year high after Prime Minister Viktor Orban conceded defeat in Sunday’s election, with the pro-European opposition’s victory expected to help unlock billions of euros in European Union funding.

Podcast Conversation: Iran Talks Show Limits of Pakistan Peace Push: Karishma Vaswani
See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to earnings from Netflix and a focus on three bank stocks for the week ahead.
In the UK – a look ahead to the next election in Hungary.
In Asia – a look ahead to Spain Prime Minister Pedro Sanchez's trip to China.
See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) President Donald Trump said he was “optimistic” about a deal with Iran but later threatened Tehran over charging fees in the Strait of Hormuz, as Israeli strikes in Lebanon and the continued closure of the vital waterway jeopardized diplomatic talks.

(2) After almost six weeks of war, how did Pakistan manage to get the US and Iran to talk? Mishal Hussain join us to discuss her interview for Maleeha Lodhi. She has served as Pakistan’s ambassador to Washington, as well as to the UK and United Nations. Listen to the full conversation on the Mishal Hussain Show

(3) Saudi Arabia has lost more than half a million barrels a day of oil output capacity because of Iranian attacks while a key pipeline that bypasses the Strait of Hormuz was also hit, ratcheting up risks to global energy supplies from the war in the Middle East.

(4) The White House sent an internal staff-wide email that warned employees against using confidential information to place trades on financial markets and fast-growing event betting platforms.

(5) Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk.

(6) Italian Prime Minister Giorgia Meloni ousted the chief executive officer of Leonardo SpA, the state-backed aerospace and defense contractor, while retaining CEOs at energy firms Eni and Enel.

(7) Wars in the Middle East and Ukraine are reshaping investor risk perceptions, highlighting Africa as more resilient than its reputation suggests.

Podcast Conversation: Do You Too Have a Fear of Not Flying?
See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Israel launched its largest assault on Lebanon since the start of its invasion, escalating the campaign against Iran-backed Hezbollah even after the US announced a ceasefire in the wider Middle East conflict.

(2) The White House announced the US would hold direct talks with Iran even as continued fighting in the Middle East, punctuated by Israeli strikes in Lebanon, threatened to derail the fragile ceasefire in the six-week conflict

(3) Iranian President Masoud Pezeshkian called on Europe to play an “effective” role in supporting lasting stability and security in the region and to pressure the US and Israel to adhere to their commitments and counter any violations to the ceasefire agreement, in a phone call with French President Emmanuel Macron.

(4) The US wants specific commitments from European allies on their pledge to help secure the Strait of Hormuz after the fighting in Iran stops, requesting that the countries present concrete plans to ensure navigation through the waterway within days, according to a senior NATO official.

(5) President Donald Trump lashed out at NATO after meeting with the military alliance’s secretary general, Mark Rutte, making clear that his anger over the organization’s stance on the Iran war remained acute.

Podcast Conversation: AI Doomsday Hype Is Marketing's Dark Arts at Work: Parmy Olson
See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) The US and Iran agreed to a two-week ceasefire expected to halt the American-Israeli military campaign, in exchange for Tehran reopening the Strait of Hormuz, portending a temporary de-escalation while broader tensions may remain unresolved.

(2) Oil plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that’s expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz.

(3) Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and open an exit for more than 800 vessels trapped in the Persian Gulf.

(4) A swelling wave of redemptions has driven Moody’s Ratings to revise its outlook for private credit investment vehicles to negative, after holding the line at stable for over two years.

(5) Vice President JD Vance went to Budapest to criticize the European Union for allegedly meddling in the Hungarian election. Then he endorsed Viktor Orban as a model of leadership for the continent days before the make-or-break vote.

See omnystudio.com/listener for privacy information.