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Chapter 1: What is the main topic discussed in this episode?
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over Ā£10 trillion 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 Doug Krisner. We begin in Japan where Prime Minister Sunae Takeuchi is poised to become the nation's strongest leader in years after a historic landslide win in Sunday's snap election. Local broadcaster NHK reports Takeuchi's ruling Liberal Democratic Party is on track to secure a two-thirds supermajority in the lower house.
Now, analysts say it would be a clear mandate for Takeuchi to use fiscal stimulus to to break a long-standing deflationary cycle. In the States, Treasury Secretary Scott Besson spoke about the election on Fox News' Sunday Morning Futures. Japan, the prime minister called a snap election, the quickest snap election in Japanese history. And boy, has she had a big victory today.
She's going to have two-thirds majority in the upper house. President Trump endorsed her last week. She is a great ally, great relationship with the president. And when Japan is strong, the U.S. is strong in Asia. That is U.S. Treasury Secretary Scott Besant on Fox News' Sunday Morning Futures. Now, the yen weakened after this outcome to around 157.65.
Later on X, Takeichi said she is looking forward to visiting the White House in the spring to strengthen the Japan-U.S. alliance. Friday marks the deadline for Congress to reach a deal on funding the Department of Homeland Security. House Minority Leader Hakeem Jeffries and Senate Democratic Leader Chuck Schumer have listed 10 restrictions they want placed on ICE and Border Patrol.
Now, these include prohibiting DHS officers from entering private property without a judicial warrant and requiring agents to wear body cameras and identification. Jeffrey spoke on CNN's State of the Union. Immigration enforcement should be fair, it should be just, and it should be humane.
So dramatic changes are necessary to the manner in which the Department of Homeland Security officers are conducting themselves before any funding bill should move forward. House Minority Leader Hakeem Jeffries on CNN's State of the Union. More Republicans are calling for President Trump to apologize for posting a racist video of the Obamas on social media.
New York Republican Representative Mike Lawler spoke to ABC's This Week. I think sometimes in our public discourse, it is best to just say, I'm sorry. You know, I take the White House at their word that this was a mistake.
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Chapter 2: What recent political developments are happening in Japan?
But at the end of the day, given the history of our nation, given the insensitivities with some of the stereotypes that have long been promulgated to attack African-Americans, I think it's imperative to recognize that and meet the moment. Representative Mike Lawler on ABC's This Week.
President Trump is planning to keep Democrats out of a traditionally bipartisan White House gathering of governors. At least two Democrats, Maryland's Wes Moore and Colorado's Jared Polis, were uninvited. Now, a dinner for governors is held as part of the National Governors Association's annual Washington Summit.
In sports, American Olympic skier Lindsey Vonn is in stable condition after a major crash during the women's downhill. The U.S. ski and snowboard team posted the update on X. Vonn was just 13 seconds into a run when she lost control and tumbled into the snow.
She received on-site treatment after the crash and was then airlifted off the mountain to a hospital where she underwent an operation to stabilize a fracture in her left leg. Her teammate, Breezy Johnson, won gold in that event for Team USA. Here's Johnson. The work that we put in, the careers, I think obviously my heart aches for her. Yeah, it's a tough road and it's a tough sport.
I think that that's the beauty and the madness of it, that it can hurt you so badly, but you keep coming back for more. U.S. Olympic skier Breezy Johnson. This is the first medal awarded the U.S. Italy sits atop the leaderboard with eight total medals. The San Francisco Bay Area is seeing its Super Bowl infrastructure investments pay off. More from Bloomberg's Karen Moskow.
The Bay Area spent $200 million to make upgrades to Levi's Stadium. Later this year, it will host World Cup matches. And that comes after the Golden State Warriors' new arena in San Francisco is home to last year's NBA All-Star Game. The economic impact of all three events is estimated to be $1.4 billion, according to the Bay Area Host Committee.
It's helping fuel a revival, with office vacancies and public transit ridership rebounding and crime said to be down. Karen Moscow, Bloomberg Radio. And that is News When You Want It with Bloomberg News Now. I'm Doug Krisner and this is Bloomberg. As a place to do business, the UK stands apart. Not because of a single advantage, but a uniquely powerful combination of many.
As one of the world's leading financial centres, the UK puts over Ā£10 trillion to work every day, fuelling innovation across every sector. Home to four of the world's top universities, it provides exceptional talent and breakthrough research. This sits alongside a clear 10-year industrial strategy, unlocking smarter regulation and making it faster and easier to operate. Stability with dynamism.
Global connectivity with local depth. It all adds up to greater growth. Visit business.gov.uk slash growth. Bloomberg Daybreak is your best way to get informed first thing in the morning, right in your podcast feed. Hi, I'm Karen Moscow. And I'm Nathan Hager. Each morning, we're up early putting together the latest episode of Bloomberg Daybreak U.S. Edition.
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