Marker 01

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

1) United Nations chief Antonio Guterres called for an immediate cease-fire in besieged Gaza, saying here were “clear violations” of international law. Israel’s ambassador to the UN demanded he resign over the comments.

2) House Republicans nominated Representative Mike Johnson of Louisiana as their latest choice for speaker, selecting one of Donald Trump’s most outspoken allies in his efforts to overturn the 2020 presidential election.

3) Microsoft Gains After Cloud Growth Drove Sales Surge in Quarter 

Your morning briefing. The news you need in just 15 minutes. On today's podcast:
1) United Nations chief Antonio Guterres called for an<a href="https://www.bloomberg.com/news/articles/2023-10-25/israel-latest-us-saudi-arabia-talk-ways-to-stop-war-expanding"> immediate cease-fire in besieged Gaza, saying here were “clear violations” of international law.</a> Israel’s ambassador to the UN demanded he resign over the comments.
2) House Republicans nominated <a href="https://www.bloomberg.com/news/articles/2023-10-25/trump-ally-mike-johnson-becomes-latest-gop-house-speaker-nominee?srnd=premium">Representative Mike Johnson of Louisiana as their latest choice for speaker</a>, selecting one of Donald Trump’s most outspoken allies in his efforts to overturn the 2020 presidential election.
3) Microsoft Gains After <a href="https://www.bloomberg.com/news/articles/2023-10-24/microsoft-sales-top-estimates-as-cloud-computing-growth-recovers">Cloud Growth Drove Sales Surge</a> in Quarter

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Bloomberg Daybreak: US Edition

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

UN Criticizes Israel; US House Has 4th Speaker Nominee

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/357c599e-b874-4b73-bc50-b0a6009d6339/transcript

Today's top stories, with context, in just 15 minutes.

On today's podcast:

1) The US and China have sealed a two-month extension to their trade truce, according to Treasury Secretary Scott Bessent. Xi Jinping is visiting the US for the first time in eleven years, and has stated he is "confident" the trip would produce "fruitful results." The truce extension ensures stability until 2027, but expectations for major breakthroughs have been low, with the US yet to be satisfied with China's offer on rare earths and possibly other issues.

2) Iranian President Masoud Pezeshkian said his country won’t allow freedom of navigation through the Strait of Hormuz while sanctions and a US blockade remain in place. Pezeshkian’s address laid out conditions before any meaningful talks with the US can resume, including the US immediately lifting a naval blockade and unfreezing Iranian assets. Iran is ready to resume talks about ending the conflict with the US but will not respond to threats, and will not give up the right to develop nuclear technology for economic purposes.

3) Yields on the US government’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone notched in an extended bond selloff driven by inflation and fiscal concerns. The rate on 30-year Treasuries rose as much as four basis points on Thursday to 5.44%, the highest since 2004, after Brent crude oil prices jumped. It follows a surge this week that left yields across maturities around the highest levels since 2007. Pressure on long-dated bonds has mounted as economic growth, elevated energy prices as well as inflation and heavier government borrowing prompt investors to demand more compensation for locking up money for decades.

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and China have sealed a two-month extension to their trade truce, according to Treasury Secretary Scott Bessent. Xi Jinping is visiting the US for the first time in eleven years, and has stated he is "confident" the trip would produce "fruitful results." The truce extension ensures stability until 2027, but expectations for major breakthroughs have been low, with the US yet to be satisfied with China's offer on rare earths and possibly other issues.
2) Iranian President Masoud Pezeshkian said his country won&rsquo;t allow freedom of navigation through the Strait of Hormuz while sanctions and a US blockade remain in place. Pezeshkian&rsquo;s address laid out conditions before any meaningful talks with the US can resume, including the US immediately lifting a naval blockade and unfreezing Iranian assets. Iran is ready to resume talks about ending the conflict with the US but will not respond to threats, and will not give up the right to develop nuclear technology for economic purposes.
3) Yields on the US government&rsquo;s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone notched in an extended bond selloff driven by inflation and fiscal concerns. The rate on 30-year Treasuries rose as much as four basis points on Thursday to 5.44%, the highest since 2004, after Brent crude oil prices jumped. It follows a surge this week that left yields across maturities around the highest levels since 2007. Pressure on long-dated bonds has mounted as economic growth, elevated energy prices as well as inflation and heavier government borrowing prompt investors to demand more compensation for locking up money for decades.

Trump-Xi Reach Truce Extension; Iran Defiant at UN

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c4e55ba7-b0a0-46b8-a8a5-b4cf00a3a7af/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump said his officials had “very good” talks with Iranian envoys in New York, reviving hopes for a diplomatic off-ramp. Iran laid down “firm positions” for the reopening of the Strait of Hormuz, including the US immediately lifting a naval blockade, unfreezing Iranian assets and ending the war “on all fronts." Trump said the three-hour session was “very productive” and another was being planned for the near future, but it’s not clear what, if any, progress was made in New York.
2) President Trump is welcoming Xi Jinping to Washington for a state visit focused more on pageantry than policy, with low expectations for breakthroughs on long-standing feuds between the world’s biggest economies. The trip will include meetings on thorny issues such as trade and Taiwan, as well as a state dinner, with both sides having lowered expectations for either breakthroughs or bust-ups. Fault lines remain beneath the diplomatic efforts, including US concerns over China's grip on rare earths and Chinese opposition to a proposed US weapons package for Taiwan.
3) Several Senate Republicans are breaking from President Trump on issues such as the Iran war and fuel prices ahead of the Midterm elections. Republican lawmakers are calling for measures to reduce fuel costs, including a ban on diesel exports and releasing supply from the Northeast Home Heating Oil Reserve. Senate Armed Services Chair Roger Wicker is one such name, saying he wouldn't have scheduled such a lavish welcome for Chinese leader Xi Jinping. Wicker says he hopes President Trump asks about China's military buildup and support for Iran during tomorrow night's state dinner.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump said his officials had &ldquo;very good&rdquo; talks with Iranian envoys in New York, reviving hopes for a diplomatic off-ramp. Iran laid down &ldquo;firm positions&rdquo; for the reopening of the Strait of Hormuz, including the US immediately lifting a naval blockade, unfreezing Iranian assets and ending the war &ldquo;on all fronts." Trump said the three-hour session was &ldquo;very productive&rdquo; and another was being planned for the near future, but it&rsquo;s not clear what, if any, progress was made in New York. 2) President Trump is welcoming Xi Jinping to Washington for a state visit focused more on pageantry than policy, with low expectations for breakthroughs on long-standing feuds between the world&rsquo;s biggest economies. The trip will include meetings on thorny issues such as trade and Taiwan, as well as a state dinner, with both sides having lowered expectations for either breakthroughs or bust-ups. Fault lines remain beneath the diplomatic efforts, including US concerns over China's grip on rare earths and Chinese opposition to a proposed US weapons package for Taiwan. 3) Several Senate Republicans are breaking from President Trump on issues such as the Iran war and fuel prices ahead of the Midterm elections. Republican lawmakers are calling for measures to reduce fuel costs, including a ban on diesel exports and releasing supply from the Northeast Home Heating Oil Reserve. Senate Armed Services Chair Roger Wicker is one such name, saying he wouldn't have scheduled such a lavish welcome for Chinese leader Xi Jinping. Wicker says he hopes President Trump asks about China's military buildup and support for Iran during tomorrow night's state dinner.

Trump Hails Iran Talks; Trump Welcomes Xi to Washington

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ac0f0cf9-1d9b-4404-a78f-b4ce009dc50a/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Chinese and US officials discussed artificial intelligence, investment and trade in New York on Monday. The talks focused on delivering on what’s been agreed by the US and Chinese lead negotiators, according to China’s Vice Finance Minister Liao Min. A trade truce extension is possible, with US Trade Representative Jamieson Greer saying a three to six-month extension is possible.
2) Oil erased earlier gains on a report that Iran could reopen the Strait of Hormuz if the US lifted a blockade of its ports. Japan’s Kyodo News Agency reported that Iran has proposed to reopen Hormuz within seven days if the American blockade is lifted. It said Iran is trying to break a prolonged stalemate in the conflict and that the proposal will be used as the basis for discussions with mediating countries at the United Nations General Assembly. President Trump is set to address the United Nations General Assembly in New York later on Tuesday, and may meet with his Iranian counterpart, Masoud Pezeshkian, on the sidelines. Al Jazeera also cited Iran’s Revolutionary Guard as saying it could negotiate to end the war if the country’s national interest required it.
3) President Trump is set to sign a security deal with Denmark and Greenland to end a bitter dispute over the Arctic island, expanding Washington’s military role. The deal will leave Greenland under Danish sovereignty, with Prime Minister Mette Frederiksen saying it's "a good agreement" that benefits all sides. The US plans to reopen one military base in southern Greenland and establish a second site on the country’s east coast, according to people familiar with the matter.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Chinese and US officials discussed artificial intelligence, investment and trade in New York on Monday. The talks focused on delivering on what&rsquo;s been agreed by the US and Chinese lead negotiators, according to China&rsquo;s Vice Finance Minister Liao Min. A trade truce extension is possible, with US Trade Representative Jamieson Greer saying a three to six-month extension is possible. 2) Oil erased earlier gains on a report that Iran could reopen the Strait of Hormuz if the US lifted a blockade of its ports. Japan&rsquo;s Kyodo News Agency reported that Iran has proposed to reopen Hormuz within seven days if the American blockade is lifted. It said Iran is trying to break a prolonged stalemate in the conflict and that the proposal will be used as the basis for discussions with mediating countries at the United Nations General Assembly. President Trump is set to address the United Nations General Assembly in New York later on Tuesday, and may meet with his Iranian counterpart, Masoud Pezeshkian, on the sidelines. Al Jazeera also cited Iran&rsquo;s Revolutionary Guard as saying it could negotiate to end the war if the country&rsquo;s national interest required it. 3) President Trump is set to sign a security deal with Denmark and Greenland to end a bitter dispute over the Arctic island, expanding Washington&rsquo;s military role. The deal will leave Greenland under Danish sovereignty, with Prime Minister Mette Frederiksen saying it's "a good agreement" that benefits all sides. The US plans to reopen one military base in southern Greenland and establish a second site on the country&rsquo;s east coast, according to people familiar with the matter.

US-China Negotiate AI and Trade; Trump's High Stakes UN Speech

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a310db10-555c-48f9-8489-b4cd009d73d9/transcript

UN Criticizes Israel; US House Has 4th Speaker Nominee

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