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Chapter 1: What is the main topic discussed in this episode?
Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.
And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.
We're up early every weekday, keeping an eye on what's happening across Europe and around the world.
We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.
From Brussels, I'm following the politics, policy and the people shaping the European Union right now.
And from London, I'm looking at what all that means for markets, money and the wider economy.
We've got reporters across Europe and around the globe feeding in as stories break.
So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.
It's smart, calm and to the point.
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Chapter 2: What recent developments are affecting the U.S.-Iran deal regarding Hormuz?
The aircraft maker raised production of its 737 MAX jet. The company also is expecting a windfall from U.S. defense spending. Here is Boeing CEO Kelly Ortberg.
Our weapons of business is the demand is through the roof. So that's another area where we're going to quickly be talking about how many can we build, not how many can we get under order. So we're working on expanding our production there. I was just at the Pentagon meeting with the Department of War yesterday on things like ramping up production. And it's important all the way up to POTUS.
We've met with them on... CEOs have all met with POTUS on the need to ramp up our capability in the weapons market.
That is Boeing CEO Kelly Ortberg speaking at the Bernstein Strategic Decisions Conference. U.S. mortgage rates increased last week to the highest level since August. The Mortgage Bankers Association says in the latest week the contract rate on a 30-year mortgage rose nine basis points to 6.65%. Meantime, the index of home purchase applications slipped for a second straight week.
A group of more than 30 former federal jurists is urging a sitting U.S. judge to investigate President Trump's settlement with the IRS. Now, this would include the creation of a $1.8 billion fund to pay out claims for alleged government weaponization.
In a court filing today, the former judges, a mix of Republican and Democratic appointees, said the settlement was a fraud on the court, and they've asked District Judge Kathleen Williams to undo the dismissal of Trump's lawsuit and reopen the proceedings. Their aim is to review a final judgment and to probe whether the court was deceived. And that is news when you want it.
With Bloomberg News Now, I'm Doug Kriziner, and this is Bloomberg.
The Bloomberg This Weekend Podcast. News, politics, and the lighter side of Bloomberg. The cutthroat competition to get a gig on a cruise ship. They get to enjoy all the amenities and a one-week contract can pay like thousands of dollars for them. I know this is a good gig. Like you're booked through six months and you can pay your bills for like a year and a half. And you may get norovirus.
The Bloomberg This Weekend Podcast. Subscribe today on Apple, Spotify, or wherever you listen.
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