Trump Says He’ll Sign Iran Deal to Reopen Hormuz Sunday, More
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What is the main topic discussed in this episode?
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News when you want it with Bloomberg News Now. I'm Monica Ricks. President Trump says a deal with Iran to reopen the Strait of Hormuz is scheduled to be signed tomorrow. He just posted that news on social media following Pakistan's announcement that both sides were working on finalizing an agreement aimed at ending the war. Bloomberg's Laura Davison.
I want to note that what the actual contours of this deal and what could be signed is still quite uncertain. Iran has talked about the parts of a deal that they're interested in, things like having their assets unfrozen or sanctions relief, while the U.S. has been focusing on reopening the Strait of Hormuz and Iran agreeing to end their nuclear program. We have not seen yet some sort of comprehensive document that both sides have signaled that they are on board with, either in draft form or final form.
And this comes as U.S. Central Command confirms U.S. forces shot down multiple Iranian drones near the strait yesterday. They called it self-defense after Iran downed an army helicopter earlier this week. President Trump says the U.S. military killed the leader of the Tren de Aragua gang with help from Venezuela this week. His post on social media says it was a swift and lethal kinetic U.S. strike that killed Nino Guerrero. The cartel had been labeled as a terrorist organization responsible for countless crimes, including extortion and drug trafficking. Elon Musk is waking up as the world's first trillionaire today after SpaceX hit the Nasdaq for its long-awaited IPO, the largest in history, hitting $2.1 trillion.
Bloomberg Tech co-host Ed Ludlow has more.
Their future looks so different. You know, it is basically part one, put data centers in space, become an AI company, sell AI software like OpenAI and Anthropic do, and still the original goal of getting humans to Mars. It's all in there.
That's Bloomberg's Ed Ludlow on Bloomberg This Weekend. SpaceX shares close up 19 percent Friday. Markets rallied yesterday thanks to SpaceX and on hopes of a possible deal with Iran that caused oil prices to fall about 3 percent. Brent crude closed at $87 a barrel. Anthropix's latest AI models are now offline after the company says the U.S.
What announcement did President Trump make regarding the Iran deal?
limited its foreign access. Bloomberg's Ed Kalecki has details.
Anthropic says the U.S. government has issued an export control directive to suspend all foreign access to its Fable 5 and Mythos 5 artificial intelligence models. Anthropic said in a post on X, the U.S. government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States. including foreign national Anthropic employees. Ed Kalegi, Bloomberg Radio.
That directive, by the way, adds to pressure Anthropic was already facing from the U.S. government. Earlier this year, the Pentagon labeled the company a supply chain risk following a contracting dispute over cybersecurity guardrails. Open AI is now under investigation by a coalition of state attorneys general who requested information from the company on a wide range of topics. A spokesperson for the company says it's cooperating and taking these concerns seriously, but didn't say what the probe was about. After eight months of review, Paramount Skydance's $110 billion bid for Warner Bros. Discovery has been cleared by the Justice Department, with the DOJ saying the deal is not likely to hurt consumers or competition in the field and television industry.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:00–2:35
2
What announcement did President Trump make regarding the Iran deal?
2:35–3:54
3
What are the main points of contention in the Iran deal negotiations?
3:54–5:57
4
How did recent military actions impact the Iran deal discussions?
5:57–6:40
Speakers
5 identifiedMore from Bloomberg News Now
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