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Bloomberg Daybreak: Europe Edition

Trump 'Ambushes' Ramaphosa, Israeli Embassy Staff Killed in Washington, US Bond Warning

22 May 2025

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Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Cyril Ramaphosa came to the White House looking to persuade President Donald Trump to stop floating the conspiracy theory that there’s a genocide against White people in South Africa. Instead, the man who’d helped negotiate the end of apartheid walked into a trap. (2) Two members of the Israeli embassy’s staff were fatally shot outside the Capital Jewish Museum in Washington on Wednesday night, Homeland Security Secretary Kristi Noem said. (3) The UK urged its Group of Seven allies to agree a cut to the price cap on Russian oil, saying the move is necessary to put further pressure on President Vladimir Putin to end Russia’s war in Ukraine. (4) In the world’s biggest bond market, investors are pushing back against President Donald Trump’s tax-cut plan. (5) Britain’s Labour government will make its sharpest U-turn since returning to power by limiting cuts to pensioners’ subsidies, as it puts the electoral threat posed by Nigel Farage ahead of lingering concern about the public finances. Podcast Conversation: As F1 Has Grown in the US, So Has the Market for MemorabiliaSee omnystudio.com/listener for privacy information.

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