UK Terror Arrests, Axios: Trump Expects Iran Talks This Week, More

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How is Africa’s digitalization shaping its future growth?

Jennifer Zabasaja 0:00
A new chapter in global growth is being written, and much of it is happening in Africa.
Ed Kalecki 0:05
Африкансь нету інвестирадилський дан and business to be one.
Jennifer Zabasaja 0:09
I'm Jennifer Zabasaja. Every week on the Next Africa podcast, we track capital flows and political shifts shaping the continent's future. The digitalization of Africa is gonna power its growth. Bretting the world of something like HIV is possible. Population growth is so enormous in Africa. Listen to Next Africa on Apple, Spotify, or wherever you get
Monica Ricks 0:29
your podcasts. News when you want it with Bloomberg News Now. I'm Monica Ricks. President Trump says some of the men arrested today on terrorism charges in England near an airbase used by the U.S. military had been under surveillance.
Ed Kalecki 0:43
We had them under view for a long time and we got them.
Monica Ricks 0:45
The Air Force has been using RAF Fairford Airfield in Gloucestershire as a launching point for U.S. strikes on Iran. Investigators say the men are now facing possible bomb offenses, but could also be charged for preparing a terrorist attack.
Monica Ricks 1:11
Has refused to soften its conditions, but Trump made more promises today to end the conflict and bring down gas and grocery prices.
Dan Williams 1:24
Well, I think it's fair to say that we've now entered money time, quite literally. Money is what's counting. It's certainly front of mind for President Trump when it comes to US petrol prices, which, to my understanding, in some parts of the US hit $6.53. That's more than double the average at the outset of this war back in February. This is something that's going to weigh heavily on voters when they go to the polls. in the midterm elections just five weeks from now.
Monica Ricks 1:51
US diesel prices may be above six bucks a gallon, but AAA's got regular unleaded closer to four fifty nationwide. At least one person has died in a powerful nor'easter that's knocked out power to tens of thousands of people, grounded hundreds of flights, and flooded communities across the East Coast. But Bloomberg meteorologist Craig Allen says it's not over.
Craig Allen 2:12
This has been a stormy forty-eight hours, and it may take another twenty-four to thirty-six hours before we could start drying out. The nor'easter is going to weaken today, but it is also going to stall, and then loop once or twice before heading out to sea Tuesday.
Monica Ricks 2:27
More tidal flooding and heavy winds and rain are expected from DC to Boston. Hawaii's also keeping an eye on Hurricane Nolo as it gains strength in the Pacific. And Microsoft co founder Bill Gates has joined a chorus of tech leaders now warning about the safety risks to fast tracking AI development. But he says a kill switch to restrict models may not be enough.
Ed Kalecki 2:48
to monitor any sophisticated model and record exactly what's being done.
Monica Ricks 2:54
Gates tells NBC's Meet the Press bad actors, including China, could use increasingly powerful AI tools for cyber attacks, fraud, and disinformation.

What details did officials give about the UK terrorism arrests near a U.S. airbase?

Monica Ricks 3:05
The Trump administration plans to release new fuel efficiency mandates tomorrow that could ease rules implemented under President Biden. Bloomberg's Ed Kalegi has details.
Ed Kalecki 3:15
President Trump pitched the changes as a way to boost the domestic auto industry and lower consumer costs. The president said in a social media post Saturday, these new standards will take the waste out of building cars in America. That means lower prices, saving families thousands on a new, beautiful and safe car. Trump, who is struggling in the polls ahead of the November midterms, has been under fire for not doing more to address concerns about rival. Pricing prices for consumer goods, particularly as oil prices remain persistently high. Ed Kaleggi, Bloomberg Radio.
Monica Ricks 3:48
U.S. hiring probably remained solid for a second month in September as economic momentum builds despite mounting cost pressures. Economists estimate Friday's jobs report will show non-farm payrolls rose and the unemployment rate to remain at a one year low.
Unknown 4:12
Maybe not from September all the way to October, but certainly the last two weeks of October, I'm expecting some volatility that may open up some opportunities to really dip into some of the names that we like and some of the markets that we like.

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