Iran Seeks to Bar US Ships, Birth Tourism Curb, More

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Bloomberg News Now 8 min 9 speakers 7 chapters transcribed 1 month ago
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What new restrictions is Iran proposing for U.S. and Israeli ships in the Strait of Hormuz?

Caroline Hepker 0:00
AI is entering its most consequential phase where scale, safety and sovereignty will determine who leads and who lags. Join Bloomberg Tech in London on November 2nd and 3rd as global leaders across business, finance and policy examine the defining trade-offs shaping the future of AI. Thank you to our presenting sponsor, Salesforce, and supporting sponsors, IDA Ireland and Schneider Electric. Learn more at BloombergLive.com slash TechLondon.
Dan Schwartzman 0:31
News when you want it with Bloomberg News Now. I'm Dan Schwartzman. Iran will seek to bar U.S. and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before they're allowed to use it. Iran's Fars news agency has released details of the deal between Iran and Oman on passage through the strait. The deal reportedly says U.S. and Israeli vessels and any related cargo, military or civilian would be prohibited. Meantime, both U.S. and Iranian officials have been signaling in recent days that some kind of accord on Hormuz is close. President Trump spoke to reporters about the strait.
Donald J. Trump 1:04
It's sort of open right now. You know, we have a thing called the blockade headed up by the U.S.

How is the Trump administration targeting birth‑tourism with its latest executive orders?

Donald J. Trump 1:09
Navy and we control it. And now. We control it, but they can always shoot something. They always have something or drop a mine. And if you have one mine sitting out there, you sort of mess things up because people don't want to take their billion-dollar boats and accidentally get hit by a mine.
Dan Schwartzman 1:27
That's President Trump. Separately, Farr said that Iranian naval forces had struck, quote, hostile targets at the entrance to the Strait of Hormuz. Oil prices climbed and stocks fell on Thursday's developments. President Trump signed a pair of executive orders aimed at denying citizenship to certain people born in the U.S. Bloomberg's Amy Morris reporting from Washington.
Amy Morris 1:46
White House Deputy Chief of Staff Stephen Miller says one order targets so-called birth tourism.
Stephen Miller 1:52
The idea that people come here pretending to be a tourist, pretending to be a visitor, but the real reason they're here is to have a child, to make that child an automatic citizen, leave our country, and then have a U.S. citizen child. It gives them access under this broken system to welfare benefits, ultimately to the voting booth.
Amy Morris 2:11
Those born to people deemed to be alien enemies, foreign terrorists and foreign agents would also be ineligible. The orders are almost certain to be challenged in court as a violation of the 14th Amendment.

What are the proposed vaccine‑and‑autism actions and why are they controversial?

Amy Morris 2:23
In Washington, Amy Morris, Bloomberg Radio.
Dan Schwartzman 2:25
The Trump administration is considering issuing an executive order on vaccines and autism as soon as next week. More details from Bloomberg's Matt Piper.
Unknown 2:34
The effort is prompted by President Trump's interest in seeing additional action when it comes to vaccines and autism. Options the administration is discussing include research initiatives encompassing both forward-looking studies and backward-looking analyses. Scientific evidence has shown no link between autism and childhood vaccines, and decades of research has failed to identify a single cause of autism. Trump has previously pushed to pare down the number of vaccines recommended for children.
Dan Schwartzman 3:02
Republican Senator Mitch McConnell of Kentucky has been discharged from rehab. McConnell has been absent from the Senate since June when he suffered a fall at home. A statement from McConnell says that he'll continue his recovery and physical therapy at home. McConnell is not running for reelection. Kentucky Governor Andy Beshear has demanded more transparency from McConnell on his health and ability to return to the Senate. Sweetgreen cut its annual outlook. That's after the salad chain warned that diners are eating less fresh prepared foods following the cyclospora outbreak. The company now expects comparable sales to plummet by as much as 8% this year. Here's Bloomberg's Michael Halen.

Why is Senator Mitch McConnell’s health and Senate future in the news?

Rand Paul 3:38
It's a bigger problem for them because such a huge percentage of their sales comes from salad. But also Sweetgreen has had a lot of problems coming into this, right? Same sort of sales were falling mid-single digits before Cyclospora.

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