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.
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Karen, it is risk off across markets with a third day of attacks underway across the Middle East. Blasts have been heard this morning in Bahrain, Kuwait, the United Arab Emirates and Qatar as Iran targets U.S. interests in the region. President Trump says the bombing campaign against Iran could last for weeks. He's calling on the Islamic Republic's remaining leaders to give up.
I once again urge the Revolutionary Guard, the Iranian military, police to lay down your arms and receive full immunity or face certain death. It will be certain death. Won't be pretty.
President Trump spoke in a new social media post late yesterday. The president told The New York Times he's willing to drop sanctions on Iran if its new leader is pragmatic. But in an interview with ABC News, he said his favored choices after the death of Iran's supreme leader have all died in the attacks. Iran's security chief says Tehran won't negotiate with the U.S.
And this morning, Kuwait's army said a number of U.S. fighter jets had crashed, but all crew members survived. Iran's semi-official Fars news agency says 555 people have been killed in U.S. and Israeli attacks.
Well, later this morning, Nathan, the Pentagon plans to hold a news conference on the operation against Iran, and that's set for 8 a.m. Wall Street time. The White House says Congress will receive a full briefing tomorrow from the Pentagon, State Department, and CIA. Republican Congressman Michael McCaul says Iran faces an extraordinary opportunity.
Since 1979, there's been a dark veil that descended across the Middle East, and that shroud has now been lifted. And the people of Iran now have a chance for freedom and a chance to take back their country.
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Chapter 2: What recent events are impacting the Middle East?
The UK, France and Germany have issued a joint statement saying they were not involved in the strikes but are in close contact with the US, Israel and partners in the region. Prime Minister Keir Starmer says the UK will not be involved in offensive action.
I want to be very clear. We all remember the mistakes of Iraq and we have learned those lessons. We were not involved in the initial strikes on Iran and we will not join offensive action now. But Iran is pursuing a scorched earth strategy. So we are supporting the collective self-defense of our allies and our people in the region.
Prime Minister Keir Starmer says the UK has since allowed the US to make use of British military bases for the specific purpose of destroying Iranian missile sites.
And we have a programming note here, Nathan. As we just saw this past weekend, markets may close on Friday, but the world does not. And that's why we're bringing you a new live radio and TV show. Bloomberg this weekend is looking beyond the daily headlines to the bigger themes driving politics, business and culture.
Join David Gurra, Christina Ruffini, and Lisa Mateo for smart conversations and in-depth interviews that help make sense of the week that's been and what comes next. Get the show live Saturdays and Sundays from 7 a.m.
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Chapter 3: How is the U.S. responding to the attacks in the region?
Eastern on Bloomberg Radio, TV, and the Bloomberg Business app. Time now for the Bloomberg Sports Update, and we bring in John Stashower. John.
Thanks, Karen. Sunday in the NBA began in New York. The Knicks beat the Spurs 114-89. That ends San Antonio's 11-game winning streak. The last game was in Boston. The Celtics improved to 40-20. They beat the Sixers 114-98. College hoops for the Big Ten. An upset. Ohio State beat eighth-ranked Purdue. Michigan State won at Indiana. Chad Baker Mazzara is USC's top scorer.
On Saturday, he asked to be taken out of the game, and then he went and sat in the stands. USC announced he's no longer with the team. That's your Bloomberg Sports Update.
Thanks, John. And that's news when you want it with Bloomberg News Now. I'm Karen Moscow.
I'm Nathan Hager. And this is Bloomberg. The news doesn't stop on the weekends.
Context changes constantly. And now Bloomberg is the place to stay on top of it all.
Hi, I'm David Gurra.
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Chapter 4: What are the implications of President Trump's statements on Iran?
Join us every Saturday and Sunday for the new Bloomberg This Weekend. I'm Christina Ruffini. We'll bring you the latest headlines, in-depth analysis, and big interviews. All the stories that hit home on your days off. And I'm Lisa Mateo. Watch and listen to Bloomberg This Weekend for thoughtful, enlightening conversations about business, lifestyle, people, and culture.
On Saturday mornings, we put the past week's events into context, examining what happened in the markets and the world. Then on Sundays, we speak with journalists, columnists, and key political figures to prepare you for the week ahead. Join us as soon as you wake up and bring us with you wherever your weekend plans take you.
Watch us on Bloomberg Television, listen on Bloomberg Radio, stream the show live on the Bloomberg Business app, or listen to the podcast.
That's Bloomberg This Weekend, Saturdays and Sundays starting at 7 a.m. Eastern. Make us part of your weekend routine on Bloomberg Television, radio, and wherever you get your podcasts.
I'm Barry Ritholtz, inviting you to join me for the Masters in Business podcast. Every week, we bring you fascinating conversations with the people who shape markets, investing, and business. CEOs, fund managers, billionaires, Nobel laureates, traders, analysts, economists, everybody that affects what's going on in the market, whether you own stocks, bonds, real estate, commodities, crypto,
You really need to hear these conversations. Sometimes it's behaviorists like Dick Thaler or Bob Schiller. Sometimes it's fund managers like Peter Lynch, Bill Miller, Ray Dalio. Sometimes it's authors, Michael Lewis, author of The Big Short and Moneyball. Regardless of the conversation, these are the folks that move markets each week.
That's the Masters in Business podcast with me, Barry Ritholtz. Listen on Apple, Spotify, or wherever you get your podcasts.
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