US-Iran Escalate Strikes, Wright: Trump Open to Talks, World Cup, 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. The U.S. and Iran went tit-for-tat again last night, trading attacks for an eighth straight night as punishment for Iran's attack in Jordan that killed two American service members. But Energy Secretary Chris Wright says President Trump remains open to negotiating with Iran on a peace agreement.
The president is always looking for the diplomatic off ramp. President Trump wants to end it with a peaceful agreement with Iran, but it takes two parties to do that. If they're ready to do that, that's the way it'll end. If not, we will continue to assure flow of traffic through the strait without Iran's cooperation.
Secretary Wright on ABC's This Week. He says the administration's also committed to doing what they can to make sure gas prices stay low for Americans during this conflict, despite the ongoing closure of the Strait of Hormuz. Russia unleashed what Ukraine's now calling the largest ballistic missile barrage aimed at Kiev since the start of Russia's invasion more than four years ago. Those attacks killed at least one person overnight and injured 16 others. It comes as protests continue in Ukraine over President Volodymyr Zelensky's latest defense decisions. He fired a defense minister this week credited with developing the drone technology used against Russia and appointed a new prime minister to prepare Ukraine for another winter of war.
A Cuban dissident and famous artist has been freed after five years locked up in Havana. Luis Manuel Otero Alcántara arrived in Miami yesterday as Cuba faces ongoing pressure from the Trump administration. Secretary of State Marco Rubio welcomed him and asked for the immediate release of hundreds more political prisoners. The countdown to kickoff is on for the World Cup final between Spain and Argentina today in New Jersey, where Mother Nature helped improve the air quality a bit this weekend with heavy rain. But forecasters say concerns aren't totally gone, as hundreds of wildfires still burn in Minnesota and Canada. Ontario Premier Doug Ford.
We're doing absolutely every resource we can possibly throw at this, including bringing people in from Alberta, firefighters and water bombers from the Yukon and any other jurisdiction that's willing to help.
Smoke's been suffocating millions of people in more than a dozen states for days now.
How did US-Iran strikes escalate and what prompted eight nights of tit‑for‑tat attacks?
By the way, it's not just Spain and Argentina on the pitch today. A few other players have a lot riding on this final. Bloomberg's Charlie Pellett explains.
Adidas is set to score a decisive marketing win over Nike at this weekend's final, and that optimism is already being reflected in the German sportswear maker's stock. With finalists Spain and Argentina both wearing Adidas jerseys, the company's guaranteed prime on-pitch exposure regardless of who wins. A victory for Argentina could bring an additional windfall should it fuel a fresh wave of demand for the team's iconic blue and white jerseys. In New York, Charlie Pellett, Bloomberg Radio.
Prediction market trading has also surged about 27% during this World Cup, far outpacing the growth at traditional sports books. In fact, calci has repeatedly broken its own trading records during this tournament, doubling the peak it hit during the New York Knicks playoff run. Walmart has removed at least four iceberg lettuce products manufactured by Taylor Farms from its shelves this weekend. The retailer says there's no indication these products are affected by a current cyclospora outbreak, but it is taking precautions as recalls expand nationwide.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:00–2:51
2
How did US-Iran strikes escalate and what prompted eight nights of tit‑for‑tat attacks?
2:51–4:04
3
What did Energy Secretary Chris Wright say about Trump being open to negotiating with Iran?
4:04–6:15
4
How might the Strait of Hormuz closure affect gas prices and US energy policy?
6:15–7:06
Speakers
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