Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Federal Reserve officials are primed to deliver a third consecutive interest-rate cut on Wednesday, but the streak may end there.

(2) France’s National Assembly adopted a social security bill for next year, avoiding a potential government crisis and making it more likely lawmakers will pass a new budget by year-end.

(3) Australia’s social media ban for youths took effect Wednesday, a landmark move that’s drawn global attention at a time governments are increasingly enacting rules to shield minors from harmful online content.

(4) President Donald Trump said Russia is in a stronger military position in its war on Ukraine and scolded European leaders for what he called excessive dialog that’s produced scant results in his latest broadside against historical allies.

(5) HSBC's CEO Georges Elhedery says not enough executives at the bank were fully accountable for their performance - before he began his radical restructuring of the lender 15 months ago.

Podcast Conversation: In Reality, Japan Is No Country for Old Salarymen: Gearoid Reidy

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve officials are primed to deliver a third consecutive interest-rate cut on Wednesday, but the streak may end there. (2) France&rsquo;s National Assembly adopted a social security bill for next year, avoiding a potential government crisis and making it more likely lawmakers will pass a new budget by year-end. (3) Australia&rsquo;s social media ban for youths took effect Wednesday, a landmark move that&rsquo;s drawn global attention at a time governments are increasingly enacting rules to shield minors from harmful online content. (4) President Donald Trump said Russia is in a stronger military position in its war on Ukraine and scolded European leaders for what he called excessive dialog that&rsquo;s produced scant results in his latest broadside against historical allies. (5) HSBC's CEO Georges Elhedery says not enough executives at the bank were fully accountable for their performance - before he began his radical restructuring of the lender 15 months ago. Podcast Conversation: <a href="https://www.bloomberg.com/opinion/articles/2025-12-09/-work-work-work-stops-at-60-in-japan-it-shouldn-t?srnd=undefined" data-destination="https://www.bloomberg.com/opinion/articles/2025-12-09/-work-work-work-stops-at-60-in-japan-it-shouldn-t?srnd=undefined">In Reality, Japan Is No Country for Old Salarymen: Gearoid Reidy</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

Fed Decision Day, France Approves Welfare Bill, Australia Bans Social Media for U-16s 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c8505bc2-eb29-4ccf-a670-b3af0070b930/transcript