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Chapter 1: What is the main topic discussed in this episode?
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All investing is subject to risk. Vanguard Marketing Corporation Distributor. News when you want it with Bloomberg News Now. I'm Doug Krisner. President Trump says he has requested a delay of his trip to China. He had been scheduled to meet with Chinese President Xi Jinping in Beijing at the end of the month, but he asked to put it off for a month or so because of war in Iran.
At the same time, Trump reiterated an appeal for help from other nations, including China, to secure the Strait of Hormuz. Here is Bloomberg's Skylar Woodhouse. Clearly, the president is trying to use this as sort of a bargaining chip to try and get potentially China to offer some assistance. But historically, China has not really intervened.
And when it comes to wars, it will be interesting to see one if China approves the president's request to delay his trip. and if China ultimately decides to offer any assistance. That is Bloomberg's Skyler Woodhouse. However, allies in both Europe and Asia are hesitant to send ships to help reopen the strait. Here is Bloomberg's Tyler Kendall.
We hear from the German Chancellor Merz saying that the NATO alliance is a defense alliance. It's not an intervention alliance. Alliance, in his words, appearing to echo what we heard from UK Prime Minister Keir Starmer earlier today, who seemed to rule out the potential that we could see a NATO naval mission sent to the Strait of Hormuz.
Though people familiar with the matter do tell Bloomberg News, the UK is looking at some other potential options to put on the table in talks with the US, including deploying autonomous drone mine hunting drones to go after any potential mines that may be left in the Strait. That is Bloomberg's Tyler Kendall.
Now, several countries have already said they're not getting involved, and that list includes Spain, Italy, Japan, and Australia. Trump also said attacking oil infrastructure at Iran's main export hub of Karg Island is still on the table. The U.S. struck military targets on Karg Island over the weekend. Here is Natasha Hall, associate fellow at Chatham House.
I think this is all part of those weakening the regime more broadly strategy of this offensive. But I think the question is for the longer term, how does this affect global oil markets? How does this affect the Iranian people and internal dissent more broadly? But for sure, you are angering the Iranian regime even further. Natasha Hull there, associate fellow at Chatham House.
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Chapter 2: What recent actions has President Trump taken regarding his trip to China?
Now, NVIDIA previously forecast $500 billion in sales by the end of 2026. Here is NVIDIA CEO Jensen Huang. 2025 was NVIDIA's year of inference.
We wanted to make sure that not only were we good at training and post-training, that we were incredibly good at every single phase of AI, so that the investments that were made, investments made in our infrastructure, could scale out for as long as they would like to use it. And the useful life of NVIDIA's infrastructure would be long, and therefore the cost would be incredibly low.
CEO Jensen Huang speaking at Nvidia's GTC event. Shares in Nvidia were up today by 1.6%. The Securities and Exchange Commission is reportedly preparing a proposal to eliminate the requirement to report quarterly earnings. The Wall Street Journal says companies would instead be given the option to share results twice a year.
Now, once the proposal is published, it will be subject to a public comment period, and after that period, which typically lasts at least 30 days, the SEC will vote on it. There are no guarantees, though. It will ultimately happen.
Chapter 3: Why is President Trump requesting help from China regarding the Strait of Hormuz?
Cuba has suffered an island-wide blackout. About 11 million residents have been left without power. On X, the country's Ministry of Energy and Mines called it a complete disconnection of the electrical system. Now, Cuba has been struggling under the weight of a de facto U.S. oil blockade. And now, The New York Times reports the U.S.
has told Cuba that for meaningful progress to be made in negotiations, President Miguel Diaz-Canel must step down. This move would topple a key figurehead but leave in place the repressive communist government that has ruled Cuba for more than 65 years. A federal judge has paused changes to vaccine policy undertaken by Health Secretary Robert F. Kennedy Jr.
They include a reduction of recommended childhood immunizations. The judge also put on hold the appointments of 13 members Kennedy selected for the Advisory Committee on Immunization Practices. This panel helps determine which vaccines are covered by insurance and which are provided for free to some children.
Fed policymakers begin their two-day meeting on Tuesday, and we have a preview of the decision from Bloomberg's Charlie Pellett. The meeting comes amid rising oil prices and how that will affect the Fed's inflation outlook. Eric Rosengren is the former president of the Federal Reserve Bank of Boston. I would highlight that even before the war, the committee was quite divided.
So there was a significant subset of individuals that were very concerned about inflation and a somewhat smaller subset that were worried about the fragility of the labor market. Federal Reserve policymakers are widely expected to hold interest rates steady while also putting out new forecasts for their outlook for inflation and growth. In New York, Charlie Pellett, Bloomberg Radio.
And that is news when you want it. With Bloomberg News Now, I'm Doug Krisner, and this is Bloomberg. We're up early every weekday, keeping an eye on what's happening across Europe and around the world. We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.
From Brussels, I'm following the politics, policy and the people shaping the European Union right now. And from London, I'm looking at what all that means for markets, money and the wider economy. We've got reporters across Europe and around the globe feeding in as stories break. So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.
It's smart, calm and to the point. And it fits into your morning. You can find new episodes of the Bloomberg Daybreak Europe podcast by 7am in Dublin or 8am in Brussels, Berlin and Paris. On Apple, Spotify, YouTube or wherever you get your podcasts. 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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Chapter 4: What are the implications of NATO's stance on intervention in the Strait of Hormuz?
It's your daily 15-minute podcast on the latest in global news, politics, and international relations. Listen to the Bloomberg Daybreak U.S. edition podcast each morning for the stories that matter with the context you need. Find us on Apple, Spotify or anywhere you listen. People who didn't do what John of God wanted them to do, they usually disappeared.
John of God was once Brazil's most famous spiritual healer. But in this limited series podcast, we uncover the darker truth behind his global empire of faith and fear. From Exactly Right and Adonde Media, this is Two-Faced John of God. Listen on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.