Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Treasury Secretary Scott Bessent challenged traders to test his resolve on boosting Japan’s currency, saying when he makes market calls these days he’s effectively doing so with inside information.

(2) US forces destroyed five Iranian tankers carrying crude oil on Tuesday in response to two attempts to hit a US Navy warship with ballistic missiles in as many days, Central Command said.

(3) The UK, France, Canada and other countries announced coordinated measures against Israeli settlements in the West Bank, as western nations sought to raise pressure on Prime Minister Benjamin Netanyahu’s government.

(4) The US escalated its trade war with Canada following Ottawa’s tariff retaliation, moving to block imports of some products while slapping new tariffs on others, as well as seeking to bar Canadian companies from selling to government contractors.

(5) The Melville Sugar Mill in South Africa's KwaZulu-Natal province has closed and trees have grown through its brick chimneys, a sign of the struggling sugar industry. The sugar industry sustains more than a million people and provides jobs in a country with high unemployment, but it is struggling to compete with imports and has been in decline since reaching a production peak in 2003.

Podcast Conversation: This Fall’s Most Anticipated Nonfiction Includes Memoir and AI

Your morning briefing. All the news you need to start your day. On today's podcast: (1) Treasury Secretary Scott Bessent challenged traders to test his resolve on boosting Japan&rsquo;s currency, saying when he makes market calls these days he&rsquo;s effectively doing so with inside information. (2) US forces destroyed five Iranian tankers carrying crude oil on Tuesday in response to two attempts to hit a US Navy warship with ballistic missiles in as many days, Central Command said. (3) The UK, France, Canada and other countries announced coordinated measures against Israeli settlements in the West Bank, as western nations sought to raise pressure on Prime Minister Benjamin Netanyahu&rsquo;s government. (4) The US escalated its trade war with Canada following Ottawa&rsquo;s tariff retaliation, moving to block imports of some products while slapping new tariffs on others, as well as seeking to bar Canadian companies from selling to government contractors. (5) The Melville Sugar Mill in South Africa's KwaZulu-Natal province has closed and trees have grown through its brick chimneys, a sign of the struggling sugar industry. The sugar industry sustains more than a million people and provides jobs in a country with high unemployment, but it is struggling to compete with imports and has been in decline since reaching a production peak in 2003. Podcast Conversation: <a href="https://www.google.com/goto?url=CAESrgEB6zswFVrMY7fT7p8eKINe0LCyN9iv6bNkmvmqHiHyqKEWYTSzIAKj5SlWhhSdvB40LRwcZUXJBXKvbGTH7aCzjOOVj2e3swtyHxZZViyDOjHDlmvjtztMydmP-854ZXnAahuivVPWHny7bbxPSzVN1hoQQhM86AiR1i6Mng25ZmPGZdhqjksTuXesOBv8wT6L-ABGG2h1-YMre8VXsvaquCYQfZ4XMk7cd9w1cqY">This Fall&rsquo;s&nbsp;Most Anticipated Nonfiction&nbsp;Includes Memoir and AI</a>

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.

Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.

Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg’s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.

Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe is the essential way to start your morning informed and ahead.

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.
Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.
Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg&rsquo;s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.
Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe&nbsp;is the essential way to start your morning informed and ahead.

Bloomberg Daybreak: Europe Edition

Bessent Dares Traders, Oil Tankers Blown Up, Sugar Mills Survival Battle

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/21ddfcc5-dd6e-465f-8577-b4c0005df6ec/transcript