Pakistan Expects US-Iran Deal to Be Finalized in 24 Hours, More

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Bloomberg News Now 7 min 8 speakers 4 chapters transcribed 3 months ago
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What new chapter in global growth is being written in Africa?

Jennifer Zabasaja 0:00
A new chapter in global growth is being written and much of it is happening in Africa.
Matt Miller 0:05
Africans need to invest. There are deals to be done and business to be won.
Jennifer Zabasaja 0:09
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.
Monica Ricks 0:30
News when you want it with Bloomberg News Now. I'm Monica Ricks. Pakistan's foreign minister says we could be 24 hours away from a deal now between the U.S. and Iran that would reopen the Strait of Hormuz and possibly end Iran's nuclear weapons ambitions. Bloomberg's Laura Davison has the latest now from Washington.
Laura Davison 0:49
A senior administration official had a briefing call with reporters yesterday to prep the press for this potential deal, saying that it was possible that 80% to 85% that something could come together over the next couple days, whether that be on Sunday or into next week. I want to note that what the actual contours of this deal and what could be signed It's still quite uncertain.
Monica Ricks 1:08
That's Bloomberg's Laura Davison on Bloomberg this weekend. Technical talks are still ongoing, but a deal could be signed on the sidelines of the G7 summit next week. But it also comes as the U.S. intercepts more attacks in the Strait of Hormuz. U.S. Central Command confirming overnight it shot down multiple Iranian drones. President Trump says the U.S. military killed the leader of the Tren de Aragua gang with help from Venezuela this week. His post on social media says it was a swift and lethal kinetic U.S. strike that killed Nino Guerrero. The cartel had been labeled as a terrorist organization responsible for countless crimes, including extortion and drug trafficking. Elon Musk is waking up as the world's first trillionaire today after SpaceX hit the Nasdaq for its long-awaited IPO, the largest in history, hitting $2.1 trillion.
Monica Ricks 1:59
Bloomberg Tech co-host Ed Ludlow has more.
Ed Ludlow 2:01
Their future looks so different. You know, it is basically part one, put data centers in space, become an AI company, sell AI software like OpenAI and Anthropic do, and still the original goal of getting humans to Mars. It's all in there.

What potential deal between the U.S. and Iran is expected to be finalized?

Monica Ricks 2:16
That's Bloomberg's Ed Ludlow on Bloomberg This Weekend. SpaceX shares close up 19 percent Friday. Markets rallied yesterday thanks to SpaceX and on hopes of a possible deal with Iran that caused oil prices to fall about 3 percent. Brent crude closed at $87 a barrel. Anthropix's latest AI models are now offline after the company says the U.S. limited its foreign access. Bloomberg's Ed Kalecki has details.

How might a U.S.-Iran deal impact the Strait of Hormuz?

Anthropic says the U.S. government has issued an export control directive to suspend all foreign access to its Fable 5 and Mythos 5 artificial intelligence models. Anthropic said in a post on X, the U.S. government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. Bloomberg Radio.
Monica Ricks 3:13
That directive, by the way, adds to pressure Anthropic was already facing from the U.S. government. Earlier this year, the Pentagon labeled the company a supply chain risk following a contracting dispute over cybersecurity guardrails. OpenAI is now under investigation by a coalition of state attorneys general who requested information from the company on a wide range of topics. A spokesperson for the company says it's cooperating and taking these concerns seriously, but didn't say what the probe was about. After eight months of review, Paramount Skydance's $110 billion bid for Warner Bros. Discovery has been cleared by the Justice Department, with the DOJ saying the deal is not likely to hurt consumers or competition in the field and television industry.
Monica Ricks 3:56
But not everyone agrees. Several states could now sue to stop it, including California, which claims the deal would result in fewer jobs, higher production costs, and less choices for audiences.

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