Trump Demands Reopening of Hormuz, Anthropic Model Scare, More
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News when you want it with Bloomberg News Now. I'm Karen Moscow. President Trump demanding that Iran reopen the Strait of Hormuz ahead of high-level talks tomorrow aimed at ending the six-week war. In a series of social media posts, the president said Iran was doing a dishonorable job allowing oil through the strait, and he warned Tehran against charging fees at the waterway. Begin more with Bloomberg's owner Ant in Dubai.
The ceasefire is largely holding. There were some notable exceptions, especially yesterday and overnight in Kuwait, where the government said some of the vital facilities came under attacks. That was later disputed by the IRGC in Iran, which said it did not attack any country during the ceasefire, which possibly means that some of the Iran-aligned groups in the region, possibly in Iraq, may have attacked Kuwait.
And despite the latest attacks, Bloomberg's owner and reports, President Trump still says he's optimistic about a deal with Iran. NATO Secretary General Mark Ruda wants U.S. allies in Europe to make commitments to secure the Strait of Hormuz. Ruda says NATO was moving from Europe having an unhealthy codependence on the U.S.
Europe is assuming a greater and fairer share of the task of providing for its conventional defense. And from that, there will be no going back and nor should there be.
NATO Secretary General Mark Ruda made the comments in an address at the Ronald Reagan Institute in Washington. The White House is warning staff against improperly leveraging their positions to place well-timed bets in futures markets after President Trump announced a pause of strikes against Iran. Last month, a mysterious flurry of activity in the futures markets occurred about 15 minutes before the policy shift, with more than $760 million worth of oil futures contracts changing hands in less than two minutes. Ukraine's top negotiator with Russia says he sees progress toward a potential peace deal with the Kremlin. In a conversation held on April 4th, Kirill Obudinov expressed optimism that the talks are evolving toward a settlement.
He spoke with Bloomberg's Vladimir Vrbiani.
Budanov believes that some significant progress has been achieved because he is in charge for prisoner swap and prisoner swaps between Ukraine and Russia go on. He also said that now the sides understand clearly what are both sides' limits for these talks. And he expects the stance of each side, which he sees as maximalist, to narrow in future and to result in the peace solution finally.
And that's Bloomberg's Vladimir Verviani, who adds that Ukraine's former top military spy said he believes Russia also wants to stop the war. Taiwan's opposition leader has met with Chinese President Xi Jinping in Beijing, marking the first such encounter in over a decade. Both sides affirm the need for peace around Taiwan, which China claims as its territory.
What demands did Trump make regarding the Strait of Hormuz?
The European Union and U.S. are nearing an agreement to coordinate on producing and securing critical minerals, part of a push to break reliance on Chinese supplies. The potential deal would create incentives such as minimum prices that could advantage non-Chinese suppliers, according to a draft of an action plan seen by Bloomberg. First Lady Melania Trump is putting Jeffrey Epstein back in the spotlight. In a rare on-camera statement, the First Lady responded to what she called false smears that she had a relationship with the late sex offender.
Numerous fake images and statements about Epstein and me have been calculating on social media for years now.
Be cautious about what you believe. And Melania Trump says she was never friends with Epstein and her husband did not introduce her to him.
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