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Bloomberg News Now

US to Impose Hormuz Blockade, McIlroy Wins Masters, More

13 Apr 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.672 - 5.121 Stephen Carroll

Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.

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5.622 - 10.011 Caroline Hepke

And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.

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10.391 - 15.001 Stephen Carroll

We're up early every weekday, keeping an eye on what's happening across Europe and around the world.

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15.422 - 21.634 Caroline Hepke

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

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21.698 - 27.166 Stephen Carroll

From Brussels, I'm following the politics, policy and the people shaping the European Union right now.

27.206 - 32.633 Caroline Hepke

And from London, I'm looking at what all that means for markets, money and the wider economy.

33.154 - 37.48 Stephen Carroll

We've got reporters across Europe and around the globe feeding in as stories break.

37.941 - 42.587 Caroline Hepke

So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.

43.028 - 45.03 Stephen Carroll

It's smart, calm and to the point.

Chapter 2: What is the latest news on the U.S. naval blockade of the Strait of Hormuz?

261.965 - 276.582 Doug Krisner

Officials say Sunday's parliamentary election had the highest turnout in Hungary's post-communist history. The International Monetary Fund says global prices will take time to come down even after the war ends. More from Bloomberg's Monica Ricks.

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276.697 - 283.488 Kristalina Georgieva

Managing Director Kristalina Georgieva says the IMF plans to lower its global growth forecast as a result of this war.

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283.748 - 298.232 Unknown

We are going to have a downgrade, and the size of this downgrade will depend on these two things, duration and speed with which everything can come back to the same level of production that we had before.

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298.212 - 316.525 Kristalina Georgieva

Georgieva on CBS's Face the Nation. She says some countries are also experiencing higher degrees of disruption, but there is common ground. Everybody feels the pinch of price is going up. Her comments come ahead of this week's spring meetings of the IMF and World Bank. Monica Ricks, Bloomberg Radio.

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316.505 - 330.91 Doug Krisner

Wall Street's biggest banks are set to report earnings this week, beginning with Goldman Sachs on Monday. Herman Chan is a senior analyst with Bloomberg Intelligence. He says it's been a tough quarter for U.S. banks. However, the economy has been resilient.

330.93 - 341.128 Herman Chan

We're still seeing a lot of GDP growth still chugging along. But there is going to be the question, are the higher energy prices going to create some cracks in the consumer side?

341.378 - 360.315 Doug Krisner

That is Bloomberg analyst Herman Chan on Bloomberg this weekend. Bank shares are off to their worst start to a year since the regional banking crisis of 2023. The KBW Bank Index fell 6% in the first quarter. And that is news when you want it with Bloomberg News Now. I'm Doug Krisner and this is Bloomberg.

365.392 - 367.275 David Gurra

The news doesn't stop on the weekends.

367.575 - 372.502 Francine Lacroix

Context changes constantly. And now Bloomberg is the place to stay on top of it all.

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