US Warns Iran At UN, Trump Given Machado’s Nobel Medal, More

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What is the main topic discussed in this episode?

Stephen Carroll 0:00
News when you want it with Bloomberg News Now. I'm Stephen Carroll.
Caroline Hepker 0:04
And I'm Caroline Hepke.
Stephen Carroll 0:06
U.S. officials have renewed the threat of possible military action against Iran after President Trump suggested the country's regime may have averted strikes by pledging not to execute protesters. Here's what the U.S.

What did U.S. officials say about possible military action against Iran at the U.N.?

Stephen Carroll 0:18
ambassador to the United Nations, Mike Waltz, told the U.N. Security Council.
Mike Waltz 0:22
President Trump is a man of action. Not endless talk like we see at the United Nations. He has made it clear all options are on the table to stop the slaughter. And no one should know that better than the leadership of the Iranian regime.
Stephen Carroll 0:43
Mike Waltz's comments were echoed by the White House press secretary as the Associated Press and New York Times reported that leaders across the Middle East have been making the case to the U.S. president not to strike Iran. Meanwhile, Iran's deputy representative to the U.N., Golam Hossein Darzi, delivered this warning to the American administration.
Golam Hossein Darzi 1:02
Iran seeks neither escalation nor confrontation. However, any act of aggression, direct or indirect, will be met with a decisive, proportionate and lawful response.
Stephen Carroll 1:15
The Deputy Iranian Ambassador to the UN was also speaking at the Security Council meeting as Fox News reported that the US is moving an aircraft carrier to the Middle East with more assets expected to arrive in the coming days.
Caroline Hepker 1:28
The heightened US-Iran rhetoric comes as Bloomberg Economics has found that Donald Trump is following through on a greater share of his threats in his second term as president. During his first term, Trump carried out about 40% of the threats that he made. That rate has risen to 60% so far in his second administration. As Bloomberg's chief geoeconomics analyst Jennifer Welch puts it, the shift suggests Tehran shouldn't bet on taco, referring to a popular investor shorthand for Trump always chickens out.

How did the U.S. Ambassador and White House frame 'all options are on the table' for Iran?

Stephen Carroll 2:01
And the Venezuelan opposition leader, Maria Corina Machado, has given her Nobel Peace Prize medal to the US President at a meeting in the White House. In a social media post hours later, Trump called the gesture a great honour and described Machado as a wonderful woman. Speaking to reporters, the politician and activist said the presentation had historic significance.
Maria Corina Machado 2:22
I presented the President of the United States the medal. Nobel Peace Prize. And 200 years in history, the people of Bolívar are giving back to the heir of Washington a medal, in this case a medal of the Nobel Peace Prize, as a recognition for his unique commitment with our freedom.
Stephen Carroll 2:52
Maria Corina Machado speaking there after Donald Trump previously said he didn't believe she had support or respect in Venezuela and cleared the way for the vice president, Delce Rodriguez, to become acting president. The Norwegian Nobel Committee has said the award cannot be shared or transferred.
Caroline Hepker 3:08
Wall Street's five biggest banks reported a record $134 billion of trading revenue last year and they say more is coming. Morgan Stanley's CEO and chairman, Ted Pick, led the optimism.
Ted Pick 3:22
the results for every quarter over the last eight are a blueprint for Morgan Stanley's success. We expect this mix of tailwinds and headwinds to prevail in 2026 and are prepared to continue to execute.
Caroline Hepker 3:34
Debt bankers at Ted Pick's Morgan Stanley increased revenue by 93% in the fourth quarter, capping a record year. The turbulent Trump administration has kept investors on edge, but for bank traders, that has kept paying off as clients rush to reposition their portfolios. Goldman Sachs' CEO David Solomon says deal-making has also taken off.
I think the world is set up at the moment to be incredibly constructive in 2026. for M&A and capital markets activity. And I think the likely scenario is it is a very, very good year for M&A and capital markets activity.
Caroline Hepker 4:12
Shares of both Goldman Sachs and Morgan Stanley rose the most since April after they disclosed their results. But despite the bumpy year and strong forecasts, there were also warnings of enormous amounts of risk and possible AI-related job cuts ahead.

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