Trump Orders Iran Attack, FIFA Drops World Cup Stake Sale Plan, More

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Bloomberg News Now 7 min 8 speakers 6 chapters transcribed 1 month ago
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What is the main topic discussed in this episode?

Alex Rodriguez 0:00
Have you ever wondered how Jesse Cole took the Savannah Bananas from this? We had a $6 million failure last year. We're going to have bigger ones as we go. To this? We've got shareholders, investors I've reached out to regularly, and the answer is always no. Or why Elle Duncan would say this about a Netflix sports broadcast.
Monica Ricks 0:17
Sometimes we're going to take really big swings and we're going to freaking whiff.
Alex Rodriguez 0:20
Then the deal is the show for you. It's a Bloomberg podcast hosted by me, Alex Rodriguez. And me, Jason Kelly. We talk to the biggest names in the world of sports and business, including NBA Hall of Famer Tracy McGrady on one of his biggest blunders. I think I've created something magical.

What did reports say about President Trump ordering a new attack on Iran?

Dan Williams 0:39
Mm-hmm.
Alex Rodriguez 0:39
Well, I struck out. And you'll even get some of my baseball hot takes. I've had owners tell me,

Which U.S. targets were being considered in the proposed strike against Iran?

Alex Rodriguez 0:45
It doesn't matter. The game has to be fixed. It's broken. If we have to lock out the whole year, we will. New episodes air every Thursday. Don't miss out.
Monica Ricks 1:00
News when you want it with Bloomberg News Now. I'm Monica Ricks. President Trump has ordered a new attack on Iran as soon as this weekend. That's according to the Wall Street Journal, which says the U.S.

How did Trump and Israeli leaders' recent meetings relate to potential joint action against Iran?

Monica Ricks 1:11
is considering striking energy infrastructure, including oil refineries and power plants, which would mark a major escalation in this conflict. Trump talked about losing confidence in Iranian negotiators during a cabinet meeting at Camp David yesterday.
Donald J. Trump 1:25
All they do is make me angry, you know? They just make me angry. Any other questions?
Ashley Roberts 1:30
Do you believe that you can reach a deal with Iran, given that you talked about how disloyal they are?
Donald J. Trump 1:36
I'm losing faith in them. Because they do lie.
Monica Ricks 1:40
Bloomberg's Dan Williams has the latest from Jerusalem now and says Israel could also join at a moment's notice.
Dan Williams 1:47
These reports have emerged just a couple days after the Israeli Prime Minister Netanyahu returned from a much-watched visit to Washington. There was some speculation at the outset. that sparks would fly between him and the U.S. President Trump, given their quite public divisions over the course of the war in recent weeks and months. There was certainly no evidence of that during the meeting. And we may discover, if these leaks prove true, that if anything, they were there to decide jointly on the next course of action, on the resumption of joint military action against Iran.
Monica Ricks 2:17
Dan Williams on Bloomberg this weekend. Trump also took issue with missile attacks that Iran launched earlier this week against U.S. forces in Jordan that ended a multi-day pause in fighting, though no American attacks were carried out overnight. Spanish Prime Minister Pedro Sanchez is facing pressure for his migration policy after thousands of migrants from Ceuta flooded and crossed the border into Morocco this week. Dozens have now died, including some who drowned and others who were killed in a stampede to cross a breakwater barrier. Leaders have vowed to impose tougher border checks, but Sanchez has been criticized by other leaders, including the White House, who've linked the chaos to Spain's lax migration laws.
Monica Ricks 3:00
FIFA President Gianni Infantino is scrapping a controversial plan to sell a stake of the World Cup to outside investors after getting a ton of backlash this week. Bloomberg's Ed Kalecki has details.
Ed Kalecki 3:11
The reversal comes after the governing regional football body for Europe vowed to boycott the World Cup entirely should FIFA push ahead with the plan, which sought to create an entity to house media rights, including those for the World Cup. Infantino sought to bring in as much as $4.2 billion of outside capital, based on a $20 billion valuation for that entity. Ed Kalagi, Bloomberg Radio.
Monica Ricks 3:35
The Justice Department is dropping its criminal case against former Olympian David Hearn after claiming he deliberately damaged the Lincoln Memorial reflecting pool. Government lawyers now say the damage was actually the result of a flawed installation by the contractor, which was rushed for the America 250 celebration on July 4th. And it appears President Trump has not signed off yet on a plan to spend any of the money in his super PAC for midterms.

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