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

On today's podcast:

(1) The global economy faces a renewed challenge if the conflict that’s choked the Strait of Hormuz isn’t resolved in a matter of weeks, said International Energy Agency Executive Director Fatih Birol.

(2) A measure of sterling’s strength rose to its highest level in a year on Wednesday following reports that incoming UK Prime Minister Andy Burnham will name Shabana Mahmood as his Chancellor of the Exchequer.

(3) Russian soldiers only live an average of 20 to 30 minutes on the battlefield because of Ukraine’s artificial-intelligence attack drones, CIA Director John Ratcliffe said on Wednesday. 

(4)  JPMorgan CEO  Jamie Dimon said the risks raised by Anthropic PBC’s Mythos artificial intelligence model are a “real issue” that the US government is on top of now. 

(5)  The world's biggest hedge funds are tapping portfolio managers at smaller firms for ideas, paying for "buyside alpha" signals, and seeking out raw trading ideas from small managers.

(6) Europe's Coal Mines Claim Their Methane Emissions Have Plummeted. But Have They? 

Podcast Conversation: The Line Outside Is Almost More Famous Than the Food

Your morning briefing. All the news you need to start your day. On today's podcast: (1) The global economy faces a renewed challenge if the conflict that&rsquo;s choked the Strait of Hormuz isn&rsquo;t resolved in a matter of weeks, said International Energy Agency Executive Director Fatih Birol. (2)&nbsp;A measure of sterling&rsquo;s strength rose to its highest level in a year on Wednesday following reports that incoming UK Prime Minister Andy Burnham will name Shabana Mahmood as his Chancellor of the Exchequer.
(3) Russian soldiers only live an average of 20 to 30 minutes on the battlefield because of Ukraine&rsquo;s artificial-intelligence attack drones, CIA Director John Ratcliffe said on Wednesday.&nbsp; (4) &nbsp;JPMorgan CEO&nbsp; Jamie Dimon said the risks raised by Anthropic PBC&rsquo;s Mythos artificial intelligence model are a &ldquo;real issue&rdquo; that the US government is on top of now.&nbsp; (5)&nbsp; The world's biggest hedge funds are tapping portfolio managers at smaller firms for ideas, paying for "buyside alpha" signals, and seeking out raw trading ideas from small managers.
(6) Europe's Coal Mines Claim Their Methane Emissions Have Plummeted. But Have They?&nbsp; Podcast Conversation: <a href="https://www.bloomberg.com/news/articles/2026-07-14/from-new-york-to-shanghai-tiktok-is-keeping-the-viral-food-line-alive">The Line Outside Is Almost More Famous Than the Food</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

Economic Peril Warning, Hedge Funds Buy Alpha, England Exit World Cup

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dabac8bc-653d-4a25-80d7-b489005fac8d/transcript