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

On today's podcast:

(1) Keir Starmer was facing growing pressure to step down as Britain’s prime minister after dozens of members of Parliament, including Cabinet allies, joined the calls for him to set out a timetable for his departure.

(2) A Schroders bond-fund manager is steering clear of UK debt on concern that political upheaval will drag yields higher in the coming months.

(3) The ceasefire between the US and Iran reached a particularly precarious moment Monday as President Donald Trump said the agreement was on “massive life support” after he rejected Tehran’s latest peace offer.

(4) The US sanctioned a dozen entities and individuals over the sale of Iranian oil to China, stepping up economic pressure just days before President Donald Trump meets his counterpart Xi Jinping.

(5) Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic” surge that has driven technology valuations to unsustainable heights.

(6) In the time it usually takes to watch one football match, the Kospi index shed more than $300 billion in value as the gauge slumped on Tuesday. That’s a bit more than $3 billion a minute in the benchmark index alone, and the scale of the slide helped sour sentiment across Asia.

(7) On the 13th floor of the Berlaymont building in Brussels, Ursula von der Leyen has built a presidential operation that exerts control over every aspect of what goes on inside the European Commission

Podcast Conversation: What Teens Need From Parents in the Age of AI

Your morning briefing. All the news you need to start your day. On today's podcast: (1) Keir Starmer was facing growing pressure to step down as Britain&rsquo;s prime minister after dozens of members of Parliament, including Cabinet allies, joined the calls for him to set out a timetable for his departure. (2) A Schroders bond-fund manager is steering clear of UK debt on concern that political upheaval will drag yields higher in the coming months. (3) The ceasefire between the US and Iran reached a particularly precarious moment Monday as President Donald Trump said the agreement was on &ldquo;massive life support&rdquo; after he rejected Tehran&rsquo;s latest peace offer. (4) The US sanctioned a dozen entities and individuals over the sale of Iranian oil to China, stepping up economic pressure just days before President Donald Trump meets his counterpart Xi Jinping. (5) Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a &ldquo;parabolic&rdquo; surge that has driven technology valuations to unsustainable heights. (6) In the time it usually takes to watch one football match, the Kospi index shed more than $300 billion in value as the gauge slumped on Tuesday. That&rsquo;s a bit more than $3 billion a minute in the benchmark index alone, and the scale of the slide helped sour sentiment across Asia. (7) On the 13th floor of the Berlaymont building in Brussels, Ursula von der Leyen has built a presidential operation that <a href="https://www.bloomberg.com/news/features/2026-05-12/eu-chief-ursula-von-der-leyen-faces-mounting-scrutiny-over-her-use-of-power">exerts control over every aspect of what goes on inside the European Commission</a> Podcast Conversation: <a href="https://www.bloomberg.com/opinion/articles/2026-05-11/psychologist-lisa-damour-has-advice-on-teens-and-ai">What Teens Need From Parents in the Age of 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

Starmer Under Siege, Iran Ceasefire On ‘Life Support’, EU Chief Faces Backlash

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/531ac0ff-b98d-4e8e-b606-b448006082b3/transcript