Bahrain Targeted by Iranian Drones, US Retaliates, More
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How did the episode open and what global growth theme is introduced?
A new chapter in global growth is being written and much of it is happening in Africa.
Africans need to invest. There are deals to be done and business to be won.
I'm Jennifer Zabasaja. Every week on the Next Africa podcast, we track capital flows and political shifts shaping the continent's future. The digitalization of Africa is going to power its growth. Creating the world of something like HIV is possible. Population growth is so enormous in Africa. Listen to Next Africa on Apple, Spotify or wherever you get your podcasts.
News when you want it with Bloomberg News Now. I'm Monica Ricks. The U.S. military confirms it's attacked Iran in response to a drone attack on a ship that President Trump says violated its ceasefire.
I don't like the fact that they took a shot yesterday, actually four, we knocked down three, at a ship. Not an allied ship, but a ship, a very expensive ship. And, uh, It was fine, but it took a little beating. They shouldn't be doing that.
Bahrain says Iran fired back this morning with another drone attack. The U.S. Navy's 5th Fleet is stationed there. Bloomberg's Jeff Mason says this back and forth now threatens a ceasefire between the U.S. and Iran.
I do think it's worth underscoring how shaky that deal is. And the politics of that for President Trump is he has roughly 60 days to have J.D. Vance come up with a longer term agreement is such that you got the midterms just coming right up. And he's expected to be doing a lot of campaigning in the fall, right around the time when a nuclear deal could either be being announced or falling apart.
Our Jeff Mason on Bloomberg this weekend. The two sides continue clashing over key provisions of this deal, including whether Iran will impose tolls in the Strait of Hormuz. Yesterday, Oman told European officials that vessels may ultimately have to pay some fees. The race to rescue survivors of two earthquakes continues today in Venezuela, where more than 900 people have now died. And international relief is underway. Katie Sussman is the Latin American deputy regional director at the International Rescue Committee.
What immediate breaking news describes U.S. strikes and reported Iranian drone attacks on Bahrain?
Right now, we know that people need shelter, food, medical supplies. And we also know that the numbers are only a small part of the story.
On top of that climbing death toll, about 3,000 people were injured in the quakes. to the United Nations, Samantha Power, says the Trump administration's move to close USAID helped enable the Ebola virus that's still spreading through Congo and Uganda. But she says the government's decision to leave the World Health Organization and slash its emergency response funding also impacted efforts to curb the spread. Meantime, California Congressman Ro Khanna is firing back at Elon Musk, who's threatening to sue over Khanna's criticism of USAID cuts made by Musk while leading Doge.
I'm more concerned that the world's richest person possibly sentenced the poorest people in the world to their death.
Khanna on MS Now. He was citing a Lancet study that said dismantling USAID could lead to millions of deaths. This week's Supreme Court decision on immigration could have a ripple effect on the U.S. workforce. Bloomberg's Nathan Hager has that story from Washington.
It could send hundreds of thousands of previously legal migrants into a shadow workforce working off the books in jobs that don't match their skill set. The Supreme Court gave the green light to strip temporary protected status for more than 350,000 Haitian and Syrian migrants. The advocacy group Forward.us says if more immigrants lose their protections, it could mean up to $175 billion a year in lost economic impact. Nathan Hager, Bloomberg Radio.
Anthropic's been cleared to restore some access to its powerful Mythos AI model. Bloomberg's Ed Kalecki has details.
It happened after resolving Trump administration concerns about the technology's potential threats to national security. The clearance eases a confrontation that erupted two weeks ago when the government abruptly banned Anthropic from giving foreign nationals access to Mythos 5 and a related model, Fable 5, over fears that security guardrails could be circumvented.
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Chapters
3 chapters
1
How did the episode open and what global growth theme is introduced?
0:00–2:07
2
What immediate breaking news describes U.S. strikes and reported Iranian drone attacks on Bahrain?
2:07–5:27
3
How could the U.S.-Iran back-and-forth threaten the existing ceasefire and what political timing matters?
5:27–7:15
Speakers
9 identifiedMore from Bloomberg News Now
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