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

On today's podcast:

(1) The US and Iran have agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, paving the way to end days of tit-for-tat attacks that tested a fragile truce.

(2) Russian President Vladimir Putin said fuel supply problems persist for motorists and businesses, including queues at gas stations, as Moscow weighs measures to stabilize the domestic market after refinery outages.

(3) Britain has scrapped plans to replace its aging warships with a new destroyer and will instead procure at least six so-called common combat vessels as it seeks to prepare the military for modern warfare.

(4) Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as prime minister.

(5) China can endure a further deterioration — or even a freeze — in economic and trade ties with the European Union if talks are treated as a mere formality, according to Yuyuantantian, a social-media account affiliated with China Central Television.

(6) Wall Street banks are capitulating on bets for a stronger euro, as markets see the US outpacing Europe on interest-rate hikes for the rest of this year.

Podcast Conversation: A Prada Sandal Dispute Tests India's Bid to Protect Its Culture

Your morning briefing. All the news you need to start your day. On today's podcast: (1) The US and Iran have agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, paving the way to end days of tit-for-tat attacks that tested a fragile truce. (2) Russian President Vladimir Putin said fuel supply problems persist for motorists and businesses, including queues at gas stations, as Moscow weighs measures to stabilize the domestic market after refinery outages. (3) Britain has scrapped plans to replace its aging warships with a new destroyer and will instead procure at least six so-called common combat vessels as it seeks to prepare the military for modern warfare. (4) Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as prime minister. (5) China can endure a further deterioration &mdash; or even a freeze &mdash; in economic and trade ties with the European Union if talks are treated as a mere formality, according to Yuyuantantian, a social-media account affiliated with China Central Television. (6) Wall Street banks are capitulating on bets for a stronger euro, as markets see the US outpacing Europe on interest-rate hikes for the rest of this year. Podcast Conversation: <a href="https://www.bloomberg.com/news/articles/2026-06-26/what-the-prada-kolhapuri-sandal-dispute-revealed-about-protecting-traditional-cr" data-destination="https://www.bloomberg.com/news/articles/2026-06-26/what-the-prada-kolhapuri-sandal-dispute-revealed-about-protecting-traditional-cr">A Prada Sandal Dispute Tests India's Bid to Protect Its Culture</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

Putin Admits Problems, Burnham Sets Out Vision, Greenland’s Unusual Issue

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fa75ce4e-5a5b-441b-b9f2-b478005f62ea/transcript