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

On today's podcast:

(1) The US launched fresh missile attacks against Iran on Sunday in what has become a pattern of strikes and counterstrikes by Washington and Tehran as the two sides issued conflicting declarations over whether the Strait of Hormuz is open to shipping.

(2) This year’s record-breaking heat in central and western Europe has already caused close to 10,000 deaths across the UK, France, Spain and Germany, according research groups and government bodies in the affected countries.

(3) Andy Burnham, the UK’s presumptive next prime minister, is considering unveiling a bolstered budget later this year as allies and experts seek to persuade him to pursue a land tax, public control of utilities and a more ambitious devolution strategy.

(4) UK police said they arrested a suspect on Saturday on suspicion of the murder of former minister and Reform UK politician Ann Widdecombe

(5) Three prominent artificial intelligence developers released new models over the past week. They all promise to be more advanced, but their biggest immediate selling point may not be what they can do but how little they charge to do it.

(6) European foreign ministers will be grappling with the developments in the Middle East when they meet in Brussels this morning.

Podcast Conversation: Satisfying Wealth Books For Your Summer Reading List 

Your morning briefing. All the news you need to start your day. On today's podcast: (1) The US launched fresh missile attacks against Iran on Sunday in what has become a pattern of strikes and counterstrikes by Washington and Tehran as the two sides issued conflicting declarations over whether the Strait of Hormuz is open to shipping. (2) This year&rsquo;s record-breaking heat in central and western Europe has already caused close to 10,000 deaths across the UK, France, Spain and Germany, according research groups and government bodies in the affected countries. (3) Andy Burnham, the UK&rsquo;s presumptive next prime minister, is considering unveiling a bolstered budget later this year as allies and experts seek to persuade him to pursue a land tax, public control of utilities and a more ambitious devolution strategy. (4) UK police said they arrested a suspect on Saturday on suspicion of the murder of former minister and Reform UK politician Ann Widdecombe (5) Three prominent artificial intelligence developers released new models over the past week. They all promise to be more advanced, but their biggest immediate selling point may not be what they can do but how little they charge to do it. (6) European foreign ministers will be grappling with the developments in the Middle East when they meet in Brussels this morning. Podcast Conversation: <a href="https://www.bloomberg.com/news/newsletters/2026-07-11/summer-money-reading-list-smart-and-satisfying-books">Satisfying Wealth Books For Your Summer Reading List</a>&nbsp;

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

Hormuz: Open or Closed? 10K Heat Wave Deaths, Europe Diplomacy In-Tray

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/feaccbcb-9478-46ed-8e85-b486005d518d/transcript