President Donald Trump will send envoys to Pakistan with the intention of meeting with Iranian officials, while Tehran sounded a pessimistic tone on the prospects for talks to end the eight-week war roiling the global economy. Special envoy Steve Witkoff and the president’s son-in-law Jared Kushner are set to depart Saturday for talks this weekend, White House Press Secretary Karoline Leavitt said in a Fox News interview on Friday.

Iran's Foreign Minister Abbas Araghchi will meet only with Pakistani officials to convey Iran’s “observations,” with no talks planned with the US delegation, a spokesman for Iran’s Foreign Ministry said Saturday. Leavitt claimed the Iranians had reached out to the US to arrange the fresh round of talks. 

On today's show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo are in Washington DC for the White House Correspondents' Dinner. They speak with:

- Bloomberg News Reporter Eric Martin on Rubio and Vance remaining in the US, and Texas Representative Michael McCaul (R), who says the US-Iran talks are unlikely to reach a breakthrough.

- S&P Global Vice Chairman Dan Yergin on the uncertainty over the oil trade as the Strait of Hormuz remains blocked.

- Bloomberg CityLabs writer Kriston Capps on how the President is "Trumpifying" DC architecture.

Plus, Christina, David, Jeff Mason, and Lisa Mateo play Pointed: The News Quiz for Risk Takers.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

President Donald Trump will send envoys to Pakistan with the intention of meeting with Iranian officials, while Tehran sounded a pessimistic tone on the prospects for talks to end the eight-week war roiling the global economy. Special envoy Steve Witkoff and the president&rsquo;s son-in-law Jared Kushner are set to depart Saturday for talks this weekend, White House Press Secretary Karoline Leavitt said in a Fox News interview on Friday.
Iran's Foreign Minister Abbas Araghchi will meet only with Pakistani officials to convey Iran&rsquo;s &ldquo;observations,&rdquo; with no talks planned with the US delegation, a spokesman for Iran&rsquo;s Foreign Ministry said Saturday. Leavitt claimed the Iranians had reached out to the US to arrange the fresh round of talks.&nbsp;
On today's show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo are in Washington DC for the White House Correspondents' Dinner. They speak with:
- Bloomberg News Reporter Eric Martin on Rubio and Vance remaining in the US, and Texas Representative Michael McCaul (R), who says the US-Iran talks are unlikely to reach a breakthrough.
- S&amp;P Global Vice Chairman Dan Yergin on the uncertainty over the oil trade as the Strait of Hormuz remains blocked.
- Bloomberg CityLabs writer Kriston Capps on how the President is "Trumpifying" DC architecture.
Plus, Christina, David, Jeff Mason, and Lisa Mateo play Pointed: The News Quiz for Risk Takers.
For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

Catch up. Look ahead. Enjoy your weekend.  
Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture.  
David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.  
Bloomberg This Weekend gives you insight to make sense of the world.

Catch up. Look ahead. Enjoy your weekend.&nbsp; Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture.&nbsp; David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.&nbsp; Bloomberg This Weekend gives you insight to make sense of the world.

Catch up. Look ahead. Enjoy your weekend.  Listen for unique conversations spanning news, politics, lifestyle and culture. 

Bloomberg This Weekend

Catch up. Look ahead. Enjoy your weekend.   
Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture.   
David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.   
Bloomberg This Weekend gives you insight to make sense of the world.

Catch up. Look ahead. Enjoy your weekend.&nbsp; &nbsp; Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture.&nbsp; &nbsp; David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons.&nbsp; &nbsp; Bloomberg This Weekend gives you insight to make sense of the world.

BTW in DC: US-Iran Talks in Limbo

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/18aaf97c-b83e-4844-8134-b43700fc5848/transcript