New US Strikes On Iran, Switzerland Beats Colombia, More

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Bloomberg News Now 9 min 8 speakers 5 chapters transcribed 2 months ago
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What is the main topic discussed in this episode?

Francine Lacqua 0:00
This week on Leaders, with me, Francine Lacqua. I speak to tennis legend Rafa Nadal about how he stayed competitive despite injury.

What insights does Rafa Nadal share about overcoming injury?

Rafa Nadal 0:08
I was able to enjoy the victories probably more than if I will not have this issue.
Francine Lacqua 0:13
One iconic match.
Rafa Nadal 0:15
In my mind was, I am almost dead.
Francine Lacqua 0:19
And whether he misses playing.
Rafa Nadal 0:21
I don't miss tennis because there was nothing else to offer.
Francine Lacqua 0:24
Listen and watch Leaders with me, Francine Lacroix, on Bloomberg Television or wherever you get your podcasts.
Caroline Hepker 0:32
News when you want it with Bloomberg News Now. I'm Caroline Hepker. America's fragile ceasefire with Iran is under significant renewed pressure this morning. Overnight, the U.S. carried out more than 80 strikes on the country, targeting air defense systems, radar sites and small naval boats. The U.S. called the action an immediate response to Tehran's latest attacks on commercial vessels transiting the Strait of Hormuz. Hours earlier, the US Treasury Department announced that it was barring new sales of Iranian oil. Our managing editor for the Middle East, Anna Ant, says we're already seeing retaliation from the Islamic Republic.
Iran immediately responded by saying that both the waiver decision and the attacks on its sites basically constitute a clear violation of the interim agreement and it said it would retaliate, which began shortly after those comments. We are seeing drone and missile attacks in Kuwait and Bahrain by Iran. We don't yet know whether those retaliatory attacks will last longer or expand in scope and size. This is clearly the biggest escalation in tensions since the interim agreement was announced.
Caroline Hepker 1:37
And referring there to reporting from Axios that Iran's military carried out drone attacks on Bahrain, with Kuwait's army saying that its air defences also responded to hostile missile and drone threats. The news has sent the price of Brent crude up more than 2% to over $76 a barrel. NATO allies have agreed to at least $50 billion in defence industry deals at the Alliance's summit in Turkey. Officials have structured the entire week as a broad appeal to President Trump, who has for years criticised NATO and urged European allies to spend more on defence. Within hours of landing in Ankara for the summit, he was already criticising European allies for not doing more to help reopen the Strait of Hormuz.
Donald Trump 2:24
I was very disappointed with NATO and frankly, if it weren't held in Turkey, where my friend happens to be a very strong leader, a very strong person, it's possible that I wouldn't have attended.
Caroline Hepker 2:37
President Trump referring there to Recep Tayyip Erdogan. Trump spoke as details emerged of some of the defence deals announced at the summit. Now, notably, several contracts show Europe moving to source some equipment locally rather than buying it from the United States, including airborne radar detection systems. President Trump also used his NATO appearance to renew his call for Denmark to give the US control of Greenland. In February, NATO announced plans to bolster its presence in the Arctic with a new mission after Trump triggered tensions within the alliance over his attempts to acquire the territory. And yesterday, he told reporters at the summit that he could remove all US troops from Europe if he did not get his way.
Donald Trump 3:24
Denmark doesn't spend money to really help Greenland, but it's an important part for the United States.

How did recent US strikes affect relations with Iran?

Donald Trump 3:32
And it's surrounded by China ships and Russian ships. And that's not gonna happen, the ships. It's not gonna happen. It was Greenland that, and it continues to be, that should be controlled by the United States, not by Denmark. And when they wouldn't go along with it, and with all the money we spent to help them with Russia, And we don't have to spend any money. We could remove all of our soldiers out of Europe.
Caroline Hepker 3:58
Trump spoke as senior officials from Denmark, Greenland and the US continue to meet in an effort to address the diplomatic dispute over the Arctic territory. The leader of the UK's highest polling political party is quitting to stand for re-election. Nigel Farage's shock decision comes as he was under pressure due to an investigation into a £5 million donation he did not declare.

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