2 US Troops Killed in Jordan, Mamdani Weighs Netanyahu Arrest, More

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Bloomberg News Now 6 min 8 speakers 7 chapters transcribed 2 months ago
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What is the main topic discussed in this episode?

Ed Ludlow 0:00
Listen to Bloomberg Tech on your commute home and stay ahead of the news cycle. Subscribe today on Apple, Spotify, or anywhere you listen.
Ed Kalecki 0:30
News when you want it with Bloomberg News Now. I'm Ed Kalege.

What happened in the Iranian missile and drone attack that killed two US troops in Jordan?

Ed Kalecki 0:35
The U.S. military has announced two American service members were killed, four were injured, one is missing after an Iranian attack in Jordan. U.S. Central Command said the troops are defending against Iranian ballistic missile and drone attacks on Friday. Four others were evacuated to Jordanian hospitals. No further details were provided. It was the deadliest day for U.S. troops since the opening days of the war that started February 28th.

How did Tehran's announcement to abandon the interim peace deal escalate regional tensions?

Ed Kalecki 0:59
The total U.S. death toll now stands at 16. Tehran announced Saturday it would no longer adhere to the terms of the interim peace deal as Iran unleashed heavy attacks on Gulf neighbors in retaliation for the latest U.S. strikes. New York City Mayor Zoran Mamdani tells the New York Times his administration is still discussing whether to arrest Israeli Prime Minister Benjamin Netanyahu if he comes to New York City as expected. for the UN General Assembly in September.

Why is New York City Mayor Eric Adams considering whether to arrest Netanyahu during the UN visit?

Ed Kalecki 1:25
Mamdani told The Times, I believe that Prime Minister Netanyahu belongs in The Hague. He is a war criminal who's been charged by the International Criminal Court. The mayor said it was unclear to him whether he has the legal authority to order the police department, which he oversees, to detain a foreign leader like Netanyahu. He said he is in active conversation with the city's law department about the matter. Republican Representative Ralph Norman says he will run for South Carolina's open Senate seat, setting up a potential primary contest with the late Senator Lindsey Graham's sister. President Trump endorsed Darlene Graham, who took over the Senate seat this week after her brother's death.

Who is running for Lindsey Graham’s Senate seat and what are the key endorsements?

Ed Kalecki 2:02
Other South Carolina Republicans are also considering a bid, including Representatives Nancy Mace and Russell Fry, as well as Lieutenant Governor Pamela Yvette. Darlene Graham has not announced her candidacy yet, but the Associated Press reported that that she has privately expressed interest in running. Mexico's top diplomat says its trade pact with the U.S. and Canada should be completed later this year. Bloomberg's Monica Ricks has details.
Monica Ricks 2:27
Mexico's ambassador to Washington, Roberto Lazeri, says the U.S., Mexico and Canada need to accelerate trade talks to give investors more certainty and preserve the region's competitive advantages.
Unknown 2:38
The baseline for us is that we have a 10-year agreement.
Monica Ricks 2:41
But he tells Bloomberg any delay could amount to an economic hit.
Unknown 2:44
Every moment that we're losing, I think we're losing competitiveness, market share and investment. So it's in the best interest of all the three of us to get to a position of resolution soon.
Monica Ricks 2:53
The USMCA covers roughly $2 trillion in trade and without any major changes or exits could remain in place till 2036. Monica Ricks. Bloomberg Radio.
Ed Kalecki 3:04
Energy prices are on the rise, but the head of power plant operator of LS Power says the U.S. power market is fairly protected from elevated global oil prices resulting from the Iran war.

How could delays in updating the USMCA trade pact affect North American competitiveness?

Ed Kalecki 3:15
More on this from Bloomberg's Charlie Pellett.
Charlie Pellett 3:17
LS CEO Paul Siegel made the comment in an interview with Bloomberg Television.
Unknown 3:22
The U.S. has really transitioned away from using oil or oil derivatives as a primary or meaningful fuel for our power generation system. We do rely very heavily on natural gas, and natural gas prices have been lower over the course of this year than they were a year or even two years ago.
Charlie Pellett 3:38
Over the first half of the year, the U.S.-Israeli war on Iran has whipsawed global energy markets, and last week, oil prices moved higher as the U.S. and Iran intensified their attacks. In New York, Charlie Pellett, Bloomberg Radio.
Ed Kalecki 3:52
Russia and Ukraine exchanged fresh airstrikes overnight, with Moscow hitting Ukrainian ports and Kiev targeting several Russian regions with drones. The strikes damaged warehouses operated by major online retailers and set a fuel depot on fire. Rising living costs are making it tougher to save for retirement.

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