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Bloomberg News Now

Trump Blockade Threats, Rory McIlroy Wins Masters, More

13 Apr 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.672 - 5.121 Stephen Carroll

Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.

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5.622 - 10.011 Caroline Hepke

And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.

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10.391 - 15.001 Stephen Carroll

We're up early every weekday, keeping an eye on what's happening across Europe and around the world.

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15.422 - 21.634 Caroline Hepke

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

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21.698 - 27.166 Stephen Carroll

From Brussels, I'm following the politics, policy and the people shaping the European Union right now.

27.206 - 32.633 Caroline Hepke

And from London, I'm looking at what all that means for markets, money and the wider economy.

33.154 - 37.48 Stephen Carroll

We've got reporters across Europe and around the globe feeding in as stories break.

37.941 - 42.587 Caroline Hepke

So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.

43.028 - 45.03 Stephen Carroll

It's smart, calm and to the point.

Chapter 2: What recent developments are there regarding the U.S. blockade of Iran?

299.198 - 301.101 Ewan Potts

In London, I'm Ewan Potts, Bloomberg Radio.

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301.081 - 319.9 Nathan Hager

Ewan, thanks for seeing very big moves in energy markets this morning on the latest war developments. Right now, Brent crude is higher by 7.6%, trading above $102 per barrel. West Texas Intermediate's above $104. That's a gain of 8.1%. Energy Aspects founder Amrita Sen tells Bloomberg this weekend markets have been in denial.

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319.998 - 339.248 Amrita Sen

You know, what surprised me in this market is this consistent belief. I would say a lot of the macro traders have that somehow there will be a resolution because the alternative is just too difficult to fathom, too difficult to kind of really think through and say, OK, what does this do to the global economy?

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Chapter 3: What are the implications of President Trump's naval blockade announcement?

339.608 - 344.115 Amrita Sen

I don't disagree with that, except that that's not the reason why the straight is shut to begin with.

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344.095 - 362.593 Nathan Hager

Energy Aspects founder Amrita Sen says much of the supply shock damage has already been done. She's calling it the biggest energy shortfall in history. And stocks are falling as well this morning. The S&P futures are down six-tenths of one percent. Dow futures are a half percent lower. And Nasdaq futures are on the decline by two-thirds of one percent.

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362.759 - 380.43 Nathan Hager

Well, Nathan, another major political story that we're following comes out of Hungary. After 16 years in power, Viktor Orban's rule is coming to an end. Peter Magyar's opposition Tiza party is on track to win with almost all votes counted. And Bloomberg Chief Europe correspondent Oliver Crook has more from Budapest.

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380.545 - 400.545 Oliver Crook

it changes a lot of things very fundamentally and also the margin by which Peter Magyar was able to crush Victor Orban I who is going for his fourth consecutive term after 16 years in power he now has a two-thirds majority Petter Magyar that means that he can legislate very freely with the free hand over Hungary it also means he can make changes to the Constitution which is something

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400.525 - 411.722 Oliver Crook

that Victor Orban enjoyed during his last term. So it's really a significant victory, but also the margin is very, very relevant. In terms of what he'll actually have to do to turn the economy around, that gets a little bit more complicated.

411.862 - 421.116 Oliver Crook

I mean, he's inheriting some of the same problems that brought Victor Orban down, a stagnant economy, but he's vowed to change things, to turn things around in the economy, to sort of cut out the corruption.

421.096 - 441.214 Nathan Hager

And Bloomberg Chief Europe correspondent Oliver Crook reporting from Budapest there. Stocks in Hungary up two and a half percent on the election results. Turning to politics at home now, Karen, Democratic Congressman Eric Swalwell is suspending his campaign for governor of California. The decision follows a series of sexual assault allegations that threw his campaign into turmoil.

441.194 - 463.033 Nathan Hager

and prompted many of his backers to flee. In a post on social media, Swalwell wrote, quote, I will fight the serious false allegations that have been made, but that's my fight, not a campaign's, end quote. The seven-term congressman from the San Francisco Bay Area had been polling among top Democrats to succeed Gavin Newsom. He's barred from seeking reelection due to term limits.

463.351 - 493.333 Nathan Hager

Well, in other news this morning, Nathan, history was made in Augusta. Rory McIlroy is the Masters champ once again. We get the details with Bloomberg's John Stashour. John, good morning. Good morning, Karen. It was the 90th Masters, and yes, it ended as the 89th did a year ago. And here we go. His year again. Rory is a rare repeat winner at Augusta. SCBS to call. McElroy led most of the way.

Chapter 4: How are international reactions shaping the U.S. blockade strategy?

579.357 - 585.36 Unknown

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590.909 - 600.567 Caroline Hyde

This is Caroline Hyde. And I'm Ed Ludlow, inviting you to join us for Bloomberg Tech, a daily podcast focusing exclusively on technology, innovation, and the future of business.

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600.928 - 604.876 Nathan Hager

Every weekday, we bring you the top headlines from the world's biggest tech companies.

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605.096 - 610.386 Caroline Hyde

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610.366 - 618.66 Caroline Hepke

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618.88 - 624.089 Caroline Hyde

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624.349 - 629.117 Caroline Hepke

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629.097 - 633.306 Caroline Hyde

Join us every afternoon on your commute home and stay ahead of the tech news cycle.

633.566 - 637.174 Nathan Hager

That's the Bloomberg Tech Podcast. I'm Caroline Hyde in New York.

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