‘Severe’ Trade War Fallout, S&P 500 Correction & Putin Wants Trump Talks

‘Severe’ Trade War Fallout, S&P 500 Correction & Putin Wants Trump Talks

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


(1) European Central Bank President Christine Lagarde warned that an escalation of disputes over trade levies kicked off by US President Donald Trump may have a detrimental effect on the world economy.


(2) President Donald Trump threatened to impose a 200% tariff on wine, champagne and other alcoholic beverages from France and elsewhere in the European Union, the latest escalation in a growing transatlantic trade war.


(3) China stands to gain from the ongoing trade wars between the US and its allies, the European Union’s foreign policy chief Kaja Kallas said in an interview with Bloomberg Television.


(4) Tariff worries rattled Wall Street again Thursday, pushing the S&P 500 into a correction that left it at the lowest in six months.


(5) Senate Democratic leader Chuck Schumer had two choices as the clock ticked down to the government funding deadline: drop his threat to block the Republican bill or force a disruptive March 15 shutdown.


(6) More than half of UK Prime Minister Keir Starmer’s cabinet have urged his chancellor, Rachel Reeves, to rethink her plans to scale back welfare and spending, in an extraordinary sign of growing concern within the governing Labour Party over the scale of looming cuts.


(7) Russian President Vladimir Putin said he wants to discuss a proposed ceasefire in Ukraine with his US counterpart Donald Trump, though he warned that any truce should lead to a long-term resolution of the war.

See omnystudio.com/listener for privacy information.

Episoder(1052)

Gaza Evacuation Call & US Bank Earnings

Gaza Evacuation Call & US Bank Earnings

On today's podcast: (1) The Israeli army tells one point one million civilians to leave northern Gaza, something the UN says is "impossible". (2) Fed policy makers say moves in the bond markets are yi...

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Gaza Ground Offensive Looms & Barclays CEO Talks Earnings

Gaza Ground Offensive Looms & Barclays CEO Talks Earnings

On today's podcast: (1) Five days after Hamas carried out the deadliest assault on Israel in half a century, both sides are bracing for a major ground attack on Gaza. (2) More than 2,400 people have b...

12 Okt 202321min

Israel Masses Forces & Starmer Invokes Blair

Israel Masses Forces & Starmer Invokes Blair

On today's podcast:(1) The combined death toll from the conflict between Israel and Hamas is now over 2,000. (2) Israel's military said it's building a base for thousands of soldiers in preparation fo...

11 Okt 202316min

Israel Response, Reserve Call Up, Labour Conference

Israel Response, Reserve Call Up, Labour Conference

On today's podcast:(1) More than 900 Israelis, mostly civilians, are now known to have died in Hamas's attacks at the weekend. Nearly 700 Palestinians have been killed during retaliatory strikes. (2) ...

10 Okt 202322min

Israel-Hamas Conflict & Labour's Great Expectations

Israel-Hamas Conflict & Labour's Great Expectations

On today's podcast:(1) The death toll from the conflict between Israel and the militant group Hamas has passed 1,100. (2) The Hamas incursion was Israel's worst military and intelligence failure in 50...

9 Okt 202324min

Bloomberg Daybreak Weekend: Speaker Battle, CPI, China

Bloomberg Daybreak Weekend: Speaker Battle, CPI, China

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a preview of the upcoming CPI data, the battle to become speaker of...

7 Okt 202333min

$500bn Of Debt, Sweden's Headache & A Labour Win

$500bn Of Debt, Sweden's Headache & A Labour Win

On today's podcast: (1) Corporate firms are ignoring the Fed and bingeing on debt (2) Mary Daly says the recent jump in bond yields offers a reason to hold rates steady. (3) The UK Labour party has ta...

6 Okt 202316min

'Bond King' Talks Selloff, Property Peril & CEO Pay

'Bond King' Talks Selloff, Property Peril & CEO Pay

On today's podcast:(1) Global bonds are doomed to keep falling unless we see a sustained slump in equities - according to analysts from Barclays. (2) Bill Gross says stocks are "clearly overvalued" an...

5 Okt 202319min

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