Next Steps in Iran Talks, Clinton Denies Epstein Ties, More
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The UK stands apart as a place to do business, not because of one advantage, but many working together. Over 10 trillion pounds in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth. News when you want it with Bloomberg News Now. I'm John Tucker.
And I'm Karen Moscow.
And Karen, let's start with the latest on Iran. U.S. and Iranian officials have agreed to more nuclear talks as soon as next week after the latest round of discussions in Geneva. And let's get the latest from Bloomberg Middle East correspondent Shumana Bersetchi.
Well, it was a long day of talks and Bloomberg reporting this as well as other outlets that the U.S. side were disappointed with some of the options that Iran had presented. That being said, at the end of the day, the mediator, Oman, the foreign minister there put out a statement saying that talks will reconvene again. And the Omani mediator also citing, quote, significant progress, also echoed by the Iranian foreign ministry as well. We haven't had formal comments come through from the U.S., but what we do understand from earlier on in the session is that they were not utterly pleased with what the Iranians had presented.
Bloomberg's Jumaana Bersachi says unlike nuclear talks under prior U.S. administrations, the Iranians have taken the lead in crafting written proposals and brought them to the Americans.
Well, staying overseas here, John, Pakistan's defense minister declared, quote, open war with Afghanistan after both sides carried out cross-border strikes overnight that killed dozens. The clash marks a major escalation in tensions between the two neighbors. Relations between Pakistan and Afghanistan have steadily broken down in the years since the return of the Afghan Taliban in 2021, following the withdrawal of U.S.-led forces.
And now, Karen, to the latest on the Jeffrey Epstein scandal. Hillary Clinton has denied any association with a convicted sex offender under questioning from congressional investigators. The former secretary of state spoke to reporters after giving an hours-long deposition.
I did not know Jeffrey Epstein. I never went to his island. I never went to his homes. I never went to his offices. So it's on the record numerous times.
Today, her husband, former President Bill Clinton, is sent to testify before the House Oversight Committee. Bloomberg's Amy Morris has more on that from Washington.
Bill Clinton's testimony will be the first time a former president has been forced to testify before Congress. He appears in the Epstein files released by the Department of Justice, one of many names in politics, academia, and business who have appeared in those files both before and after Epstein pleaded guilty in 2008 to prostitution charges. The documents appear to show that Epstein's associate, Ghislaine Maxwell, was part of the Clinton social and professional circle, including fundraisers at political donor events.
What recent developments have occurred in the Iran nuclear talks?
In Washington, Amy Morris, Bloomberg Radio.
All right, Amy, thank you. Let's turn to the markets now. And Netflix has dropped out of the fight to buy Warner Brothers Discovery, clearing the way for rival bidder Paramount to clinch a $111 billion deal. The streaming giant says while its offer would have passed muster with regulators and created shareholder value, it did not want to keep bidding. Lucas Shaw has been covering the takeover battle for Bloomberg.
The Warner Brothers board's not really concerned about synergies. I think that if they could have chosen between the two buyers, they preferred Netflix. Netflix is a bigger, stronger, healthier company. But Paramount ultimately offered more money. And a lot of Warner Brothers shareholders preferred Paramount because Paramount's buying the whole company. So they get bought out right now with cash, whereas the Netflix deal was more of a two-step process where Warner Brothers was going to have to spin out its cable networks and then sell the rest of the company to Netflix.
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