Author: Bloomberg News
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Iran fires missiles across Middle East as Trump signals exit
Iran fired missiles across the Middle East while Israel and the U.S. kept up their bombardment of the Islamic Republic, even as President Donald Trump fueled market optimism by signaling he’s preparing to exit the conflict. Israel, Bahrain, Kuwait and the United Arab Emirates all reported attacks overnight and into Wednesday, while QatarEnergy said a fuel oil tanker was struck in Qatari waters. That incident highlighted the ongoing threat…
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Busiest global airports shut down as Iran strikes U.S. Persian Gulf bases
Within hours of Iran’s retaliatory strikes on U.S. bases in the Persian Gulf, civil air traffic began clearing out, with carriers first circumnavigating the region before movements came to an unprecedented complete standstill. For the tens of thousands of travelers at global hubs in Dubai, Doha, and elsewhere in the Gulf, anxiety about getting on their flight quickly turned…
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Russia weighs halt to peace talks unless Ukraine cedes land
Russian officials increasingly consider there’s no point to continue U.S.-led peace talks with Ukraine unless Kyiv is willing to cede territory to reach a deal, according to people familiar with the negotiations. Talks planned for next week will be decisive in whether or not the sides can agree on terms to end the war, two people close to the Kremlin…
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Trump’s Caribbean surge nears $3 billion price tag so far
Bloomberg News When U.S. forces captured Venezuelan President Nicolas Maduro and his wife, Cilia Flores, early in the new year, the Trump administration heralded the operation as concise and deliberate: with overhead air support, about 60 special forces troops descended from helicopters into Caracas, fought off security guards, grabbed their quarry and were airlifted back…
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Maduro’s legal team is still up in the air
Bloomberg News While the world has been consumed by the geopolitical ramifications of the U.S. capture of Venezuelan President Nicolas Maduro, a struggle is playing out over who will represent the ousted leader in his criminal case in New York. When Maduro and his wife pleaded not guilty in the narco-terrorism case during a brief…
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Bessent: Trump’s $2,000 checks would need congressional vote
Bloomberg News Treasury Secretary Scott Bessent said President Donald Trump’s proposal to send $2,000 “dividend” payments from tariffs to U.S. citizens would require congressional approval. “We will see,” Bessent said on Fox News’ “Sunday Morning Futures.” “We need legislation for that.” Trump, who has touted the billions raised in U.S. tariff revenue this year, has…
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White House restricts access to some media offices
Bloomberg News WASHINGTON • The White House restricted the ability of members of the media to access the part of the building that includes press secretary Karoline Leavitt’s office, unless they first make an appointment to do so. The move is the latest in a series of efforts to tighten control on journalists covering the…
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Zelenskyy wants war to be frozen before peace talks
Bloomberg News Ukraine President Volodymyr Zelenskyy says the war with Russia should be frozen along current battle lines before the two sides can enter into peace negotiations, even as Vladimir Putin continues to demand that Ukraine cede the entire Donetsk region in the east to Russia. Zelenskyy spoke in an interview with NBC’s “Meet the Press With Kristen Welker,” conducted after his meeting at the White House Friday with…
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Madagascar warns of power grab as protesters enlist army
Bloomberg News Madagascar’s presidency said an attempt to seize power was underway and an army faction backing anti-government demonstrators claimed it had taken control of the military and named a new commanding officer. “The presidency of the republic is hereby informing the country and the international community that an attempt to seize power illegally and…
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Vance: U.S. holds more cards in China trade spat
Bloomberg News Vice President JD Vance called on Beijing to “choose the path of reason” in the latest spiraling trade fight between the U.S. and China, claiming that President Donald Trump has more leverage. “It’s going to be a delicate dance, and a lot of it is going to depend on how the Chinese respond,”…