UPDATE: UK GDP Shrinks, Fossil Fuels Climate Deal & Netflix Reveals All

UPDATE: UK GDP Shrinks, Fossil Fuels Climate Deal & Netflix Reveals All

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) The UK economy shrank more than expected in October as elevated borrowing costs and wet weather took their toll, setting the stage for another quarter of stagnation that is widely forecast to persist through 2024.

(2) The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time.

(3) Germany’s ruling alliance has sealed an agreement on a revised 2024 finance plan, pushing past internal divisions laid bare after a critical funding tool was struck down by the nation’s top court.

(4) Argentina devalued the peso by 54%, overhauled its crawling peg and announced massive spending cuts to eliminate its primary fiscal deficit next year as the first steps in President Javier Milei's shock-therapy program.

(5) Netflix has released global midyear viewer data for every title on its service for the first time. The political thriller The Night Agent was the most-watched title globally in the first half of 2023, generating 812.1 million hours of viewing.

See omnystudio.com/listener for privacy information.

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Episoder(1228)

Daybreak Weekend: US Housing, German Elections & President Xi's US Visit

Daybreak Weekend: US Housing, German Elections & President Xi's US Visit

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – we look at upcoming home building data In the UK – we preview el...

18 Sep 39min

BOJ Hikes In Split Decision, Europe’s Border Walls, London Fashion Week

BOJ Hikes In Split Decision, Europe’s Border Walls, London Fashion Week

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The Bank of Japan raised its benchmark interest rate in a split decision showing dissent within the board as it co...

18 Sep 23min

 Fed Defies Trump, Assassin Network Exposed, Greece Data Centre Hopes

Fed Defies Trump, Assassin Network Exposed, Greece Data Centre Hopes

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A year ago, when Kevin Warsh was angling to lead the Federal Reserve, he called out the central bank for keeping i...

17 Sep 20min

Russia Tests Europe, AI Fears Mount, Germany Preps For War

Russia Tests Europe, AI Fears Mount, Germany Preps For War

Your morning briefing. All the news you need to start your day.On today's podcast: (1) Tensions between Russia and Europe are intensifying after a string of security incidents across the continent. Th...

16 Sep 21min

Nvidia CEO Onstage Trump Call, Space Weapons Deployed, UK Mulls Saudi Support

Nvidia CEO Onstage Trump Call, Space Weapons Deployed, UK Mulls Saudi Support

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Nvidia Chief Executive Officer Jensen Huang took a live phone call from Donald Trump during a panel discussion Mon...

15 Sep 22min

AI CEOs Vs Trump, Minutes From Disaster, Swedish Voters In Limbo

AI CEOs Vs Trump, Minutes From Disaster, Swedish Voters In Limbo

Your morning briefing. All the news you need to start your day.On today's podcast:(1) OpenAI CEO Sam Altman has stepped up calls to slow the development of the most powerful AI systems, putting him di...

14 Sep 23min

 Daybreak Weekend: Fed Decision, Sweden Election, BOJ Meeting

Daybreak Weekend: Fed Decision, Sweden Election, BOJ Meeting

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the next FOMC decision, along with a focus on 3 ...

11 Sep 38min

Bond Selloff Accelerates, OpenAI Weighs Slowdown, Dutch Village Demolition Fight

Bond Selloff Accelerates, OpenAI Weighs Slowdown, Dutch Village Demolition Fight

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data th...

11 Sep 22min

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