US and Iran Trade Attacks, Caesars Agrees to Takeover, More
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Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.
And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.
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News when you want it with Bloomberg News Now. I'm Karen Moscow. The U.S. and Iran are once again trading attacks as both sides struggle to move ahead on a peace deal. The U.S. says it shot down four Iranian drones fired at a commercial ship near the Strait of Hormuz, while the U.S. military says Kuwait intercepted missiles launched by Iran, calling it a, quote, egregious ceasefire violation. President Trump, meanwhile, says restoring free shipping flows through the Strait of Hormuz remains key.
It's international waters. Nobody's going to control it. We're going to watch over it. We'll watch over it, but nobody's going to control it. That's part of the negotiation that we have.
President Trump spoke at a White House cabinet meeting heard live on Bloomberg Radio, and Bloomberg's head of Iran coverage, Golnar Montevalli, reports Tehran is insisting on major financial concessions in the negotiations.
It wants all of its assets that have been frozen by the U.S. to be released. Now, that's quite a maximalist Because previously there was talk of Iran being able to have complete free access to oil payments that have been trapped for years. But since basically Trump's first administration, and these are South Koreans.
payments for Iranian oil imports. Bloomberg's Gulnar Montevalli reports Iran is also demanding an end to attacks, so Republican hawks in Washington are urging President Trump to finish the job, or at least to not sign a bad deal. Israel's Air Force carried out an airstrike on a southern suburb of the capital of Beirut today. It was not immediately clear who the target of that airstrike was. The area is close to Beirut's international airport. and the strike came amid an escalation in fighting in southern Lebanon. Congressional Democratic leaders lost a bid for a court order to block the Trump administration from prohibiting mail-in voting for anyone not on a pre-approved list of citizens. A federal judge ruled that the legal challenge to President Trump's executive order is premature because the restrictions have not been put in place yet.
The order would ban the Postal Service from sending mail-in ballots to anyone not on the government-approved list compiled by the Department of Homeland Security. The Trump Justice Department has reportedly opened up a new investigation into one of the president's perceived political enemies. Bloomberg's John Tucker has more. John, good morning.
Good morning, Karen. The New York Times reporting the agency has opened a criminal probe into E. Jean Carroll, the 82-year-old former magazine writer who won a civil judgment against the president that he sexually abused and defamed her. The probe reportedly accuses Carroll of concealing financial support for her case from LinkedIn co-founder Reid Hoffman, who's a fierce Trump critic. The Justice Department has aggressively pursued investigations into President Trump's political targets, including former FBI Director James Comey and New York Attorney General Letitia James. The acting Attorney General, Tom Blanch, reportedly has recused himself for this case because he represented the President in Carroll's lawsuit.
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