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Trump Not Satisfied with Iran Proposal; Spirit Shuts Down

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Efforts continued to broker an end to the Iran war, now into its third month, as President Trump suggested the Islamic Republic’s latest peace proposal might not be enough to satisfy him. Iran’s suggestions include setting a one-month deadline on talks for a deal to reopen the Strait of Hormuz and end both the US naval blockade and the fighting in Iran and Lebanon, Axios reported, citing two people familiar with the matter. 

Back in the US, Spirit Airlines is winding down operations after the troubled discount carrier buckled under the weight of surging fuel prices and a government bailout dangled by President Trump fell through. 

On today’s show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with:

- Airlines for America President & CEO Chris Sununu, on Spirit’s closure. 

- Representative Kevin Kiley (I) of California, who says Iran cannot be allowed to get a nuclear weapon, and Representative Cleo Fields (D), on the Supreme Court limiting the use of the Voting Rights Act. 

- Maria Sharapova on her Pretty Tough podcast and life after tennis. 

Plus, Christina, David, and Lisa discuss the stories you might have missed this week on BTW. 

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.

 
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