Marker 01

Marker 02

Marker 03

Your morning briefing. The news you need in just 15 minutes. 
On today's podcast:

1) Global Stocks Head for Best Week Since March

2) Xi Tells Gates China Is Willing to Engage in Tech Cooperation

3) Adobe Rises on New AI Features 

Your morning briefing. The news you need in just 15 minutes. On today's podcast:
1) Global Stocks Head for Best Week Since March
2) Xi Tells Gates China Is Willing to Engage in Tech Cooperation
3) Adobe Rises on New AI Features

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: US Edition

Global Stocks Rally; Xi-Gates Talk Tech

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d59d385e-48a1-4de1-8a18-b023009c7016/transcript

On today's podcast:
1) President Trump said Venezuela would relinquish as much as 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price, announcing the cargoes would be sold with proceeds benefiting both countries. The announcement late on Tuesday, which came with few details, marked a significant step up for the US government as it seeks to extend its economic influence in Venezuela and beyond after the capture of leader Nicolas Maduro over the weekend. It’s also a blow to China, previously the top buyer of the country’s oil and a close partner. The volumes cited by Trump would represent about 30 to 50 days of Venezuelan oil production before the US’s partial blockade of the country — much reduced from historic levels.
2)  President Trump won’t rule out the use of military force to acquire Greenland, the White House said, escalating tension with Denmark, a fellow NATO member, over a dispute that’s surged back into public view following the ouster of Venezuelan strongman Nicolas Maduro. Trump is considering many ways of achieving his goal of acquiring the Arctic island, White House Press Secretary Karoline Leavitt said in a statement. Still, Secretary of State Marco Rubio downplayed the notion of military action in a briefing with lawmakers on Monday, instead signaling that an invasion was not imminent and that the goal was to buy the island from Denmark, the Wall Street Journal reported.
3) President Trump implored Republicans to turn around their political fortunes ahead of November’s midterm elections, warning that if Democrats retake control of Congress, he would be impeached for a third time. Trump offered a familiar blueprint for majority parties, which historically have lost seats in off-year elections: blaming their troubles on messaging problems and insisting that voters just aren’t seeing their achievements. Trump predicted the GOP would pull off an “epic” victory and defy those trends. Yet polls showing Americans’ dissatisfaction with his leadership and the state of the economy bode poorly for Republicans’ chances of keeping control of Congress.

On today's podcast: 1) President&nbsp;Trump&nbsp;said Venezuela would relinquish as much as 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price, announcing the cargoes would be sold with proceeds benefiting both countries. The announcement late on Tuesday, which came with few details, marked a significant step up for the US government as it seeks to extend its economic influence in Venezuela and beyond after the capture of leader&nbsp;Nicolas Maduro&nbsp;over the weekend. It&rsquo;s also a blow to China, previously the top buyer of the country&rsquo;s oil and a close partner. The volumes cited by Trump would represent about 30 to 50 days of Venezuelan oil production before the US&rsquo;s partial blockade of the country &mdash; much reduced from historic levels. 2) &nbsp;President&nbsp;Trump&nbsp;won&rsquo;t rule out the use of military force to acquire Greenland, the White House said, escalating tension with Denmark, a fellow NATO member, over a dispute that&rsquo;s surged back into public view following the ouster of Venezuelan strongman&nbsp;Nicolas Maduro. Trump is considering many ways of achieving his goal of acquiring the Arctic island, White House Press Secretary&nbsp;Karoline Leavitt&nbsp;said in a statement. Still, Secretary of State&nbsp;Marco Rubio&nbsp;downplayed the notion of military action in a briefing with lawmakers on Monday, instead signaling that an invasion was not imminent and that the goal was to buy the island from Denmark, the Wall Street Journal&nbsp;reported. 3) President Trump&nbsp;implored Republicans to turn around their political fortunes ahead of November&rsquo;s midterm elections, warning that if Democrats retake control of Congress, he would be impeached for a third time. Trump offered a familiar blueprint for majority parties, which historically have lost seats in off-year elections: blaming their troubles on messaging problems and insisting that voters just aren&rsquo;t seeing their achievements. Trump predicted the GOP would pull off an &ldquo;epic&rdquo; victory and defy those trends. Yet polls showing Americans&rsquo; dissatisfaction with his leadership and the state of the economy bode poorly for Republicans&rsquo; chances of keeping control of Congress.

Trump Says Venezuela to Send Up to $2.8 BN of Oil; US Won’t Rule Out Military Force to Acquire Greenland

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e6c083c4-8431-4018-9442-b3cb00ae01d3/transcript

On today's podcast:
1) Ousted Venezuela President Nicolás Maduro pleaded not guilty on Monday to US charges in a narco-terrorism case against him, kicking off an extraordinary legal battle with major geopolitical ramifications. The US accused Maduro over the weekend of using his positions in government for a quarter of a century to enrich himself and help transport cocaine into the country. The toppling of Maduro reverberated around the world and signaled President Trump’s willingness to reconfigure the global order. 
2) Venezuela’s government is reasserting itself after the capture of Nicolás Maduro, swearing in Delcy Rodríguez as acting president and flashing warning signs that a new wave of repression has begun. As the government continued to churn inside the presidential palace Miraflores, Venezuela’s military counterintelligence officials have been patrolling the streets of Caracas, according to at least two witnesses. At least seven journalists and members of the press were detained on Monday morning and early afternoon, most of them at the National Assembly and its surroundings, according to the national press workers syndicate.
3) President Trump suggested the US may subsidize efforts by energy companies to rebuild Venezuela’s oil industry as his administration seeks to convince firms to invest in the country days after ousting strongman Nicolás Maduro. Trump said the project to have US oil industry companies expand their operations in the country could be “up and running” in less than 18 months, in an interview Monday with NBC News — a timeframe starkly at odds with estimates from energy industry experts, while oil companies have been largely silent about their willingness to reinvest in Venezuela.

On today's podcast: 1) Ousted&nbsp;Venezuela&nbsp;President&nbsp;Nicol&aacute;s Maduro&nbsp;pleaded not guilty on Monday to US charges in a narco-terrorism case against him, kicking off an extraordinary legal battle with major geopolitical ramifications. The US accused Maduro over the weekend of using his positions in government for a quarter of a century to enrich himself and help transport cocaine into the country. The toppling of Maduro reverberated around the world and signaled President&nbsp;Trump&rsquo;s willingness to reconfigure the global order.&nbsp; 2) Venezuela&rsquo;s government is reasserting itself after the capture of&nbsp;Nicol&aacute;s Maduro, swearing in&nbsp;Delcy Rodr&iacute;guez&nbsp;as acting president and flashing warning signs that a new wave of repression has begun. As the government continued to churn inside the presidential palace Miraflores, Venezuela&rsquo;s military counterintelligence officials have been patrolling the streets of Caracas, according to at least two witnesses. At least seven journalists and members of the press were detained on Monday morning and early afternoon, most of them at the National Assembly and its surroundings, according to the national press workers syndicate. 3) President&nbsp;Trump&nbsp;suggested the US may subsidize efforts by energy companies to rebuild Venezuela&rsquo;s oil industry as his administration seeks to convince firms to invest in the country days after ousting strongman&nbsp;Nicol&aacute;s Maduro. Trump said the project to have US oil industry companies expand their operations in the country could be &ldquo;up and running&rdquo; in less than 18 months, in an interview Monday&nbsp;with NBC News&nbsp;&mdash; a timeframe starkly at odds with estimates from energy industry experts, while oil companies have been largely silent about their willingness to reinvest in Venezuela.

Maduro Pleads Not Guilty; Venezuela Regroups With New Leader

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/49041e9e-a79a-44f7-b64d-b3ca00aea754/transcript

On today's podcast:
1) President Trump said the US needs “total access” to Venezuela as questions mount about the country’s leadership following the capture of President Nicolás Maduro. Delcy Rodríguez, the acting president of Venezuela, has asked the US to work with her country, striking a more conciliatory tone toward the Trump administration after her initial outrage at Maduro’s capture. It’s a sharp turnaround from the remarks she made in the hours after US forces snatched Maduro on Saturday and launched a series of targeted strikes in the capital and nearby cities. 
2) The future of billions of barrels of Venezuelan oil that foreign companies are entitled to under current agreements has been thrown into doubt following Washington’s capture of President Nicolás Maduro over the weekend. Gold and silver advanced, with investors weighing heightened geopolitical risks following the US capture of Maduro. Gold is fresh from posting its best annual performance since 1979, hitting a series of records throughout last year with support from central-bank buying and inflows to bullion-backed exchange-traded funds. Three successive rate cuts by the US Federal Reserve were also a tailwind for precious metals, which don’t pay interest.
3) The US’s shock intervention in Venezuela will likely choke oil flows to China, although the short-term impact will be softened by large volumes of sanctioned crude being stored at sea. China is the major buyer of crude from the South American country, but that trade now looks in jeopardy after the seizure of Maduro over the weekend. President Trump said the US would run the country and American companies would rebuild its oil industry and sell a “large amount” to global buyers, including current customers and new ones, without specifically mentioning China.

On today's podcast: 1) President&nbsp;Trump&nbsp;said the US needs &ldquo;total access&rdquo; to Venezuela as questions mount about the country&rsquo;s leadership following the capture of President&nbsp;Nicol&aacute;s Maduro. Delcy Rodr&iacute;guez, the acting president of Venezuela,&nbsp;has asked the US to work with her country, striking&nbsp;a more conciliatory tone&nbsp;toward the Trump administration after her initial outrage at Maduro&rsquo;s capture.&nbsp;It&rsquo;s a&nbsp;sharp turnaround&nbsp;from the remarks she made in the hours after US forces snatched Maduro on Saturday and launched a series of targeted strikes in the capital and nearby cities. 2) The future of billions of barrels of Venezuelan oil that foreign companies are entitled to under current agreements has been thrown into doubt following Washington&rsquo;s capture of President Nicol&aacute;s Maduro over the weekend. Gold and silver advanced, with investors weighing heightened geopolitical risks following the US capture of Maduro. Gold is fresh from posting its best annual performance since 1979, hitting a series of records throughout last year with support from central-bank buying and inflows to bullion-backed exchange-traded funds. Three successive rate cuts by the US Federal Reserve were also a tailwind for precious metals, which don&rsquo;t pay interest. 3) The US&rsquo;s&nbsp;shock intervention&nbsp;in Venezuela will likely choke oil flows to China, although the short-term impact will be softened by large volumes of sanctioned crude being stored at sea. China is the major buyer of crude from the South American country, but that trade now looks in jeopardy after the seizure of Maduro over the weekend. President Trump said the US would run the country and American companies&nbsp;would rebuild&nbsp;its oil industry and sell a &ldquo;large amount&rdquo; to global buyers, including current customers and new ones, without specifically mentioning China.

Commodities in Flux After US Captures Venezuela’s Maduro

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9d4d721b-e452-498e-8031-b3c900afe13f/transcript

Global Stocks Rally; Xi-Gates Talk Tech

In 1 playlist(s)

Bloomberg Daybreak: US Edition

Social links

Follow podcast

Recent clips