December 19, 2025 • 5 mins
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Speaker 1 (00:00):
News when you want it with Bloomberg News. Now I'm
at Kaleggi. The US launched large scale airstrikes on more
than seventy targets across Syria Friday, fulfilling President Trump's vow
to strike back after the killing of two US soldiers.
Defense Secretary Pete Hegsith said in a post on x
this is not the beginning of a war. It is
(00:21):
a declaration of vengeance. Today we hunted and we killed
our enemies, lots of them, and we will continue. The
US Central Command said that fighter jets, attack helicopters, and
artillery targeted ISIS infrastructure and weapon sites. Trump wrote in
a social media post, all terrorists who are evil enough
to attack Americans are hereby warned. You will be hit
(00:42):
harder than you have ever been hit before if you
in any way attack or threaten the USA, adding that
the Syrian government is fully in support of the US operation.
The US Justice Department released thousands of pages of pictures,
phone records, and notes from investigations into notorious Sex of
Fifes enter Jeffrey Epstein, revealing new details about the late financiers'
(01:03):
relationships with prominent business leaders and politicians. But the Justice
Department's actions did not mark the end of the saga.
The Department said more files will be released in coming
weeks because the volume of material was too much to
process by the Friday deadline set by Congress, sparking rebukes
and many Democrats. The tranch included heavy redactions, a step
(01:25):
intended to comply with the provisions of the law, including
protections for survivors and accommodations for ongoing investigations. An up
week for the US stock market we get more from
Bloomberg's Charlie Pellett.
Speaker 2 (01:37):
For the week, the S and P five hundred index
was up one tenth of one percent, Naztack up five tenths,
while the Dow was down seven tenths of one percent.
Stocks advanced for a second day while traders faced the
expiration of a record pile of options. The back to
back advance in the S and P five hundred wiped
out its loss for the week. More than twenty six
(01:58):
billion shares changeans on US exchanges. That's about fifty percent
above the twelve month average. In New York. Charlie Pellet
Bloomberg Radio.
Speaker 1 (02:08):
President Trump has announced deals with nine pharmaceutical companies, the
latest in a series of packs designed to lower drug
prices for some Americans in exchange for a three year
reprieve from threatened tariffs.
Speaker 3 (02:19):
Fourteen out of the seventeen largest pharmaceutical companies but they've
all agreed, have now agreed to drastically lower drug prices for.
Speaker 1 (02:28):
Their American patients. For the American people and patients, the
most recent pledges mean fourteen of the seventeen drug makers
targeted by Trump this past summer have agreed to lower
prices for the Medicaid program for low income and disabled people,
sell discounted drugs directly to consumers, and launched new medicines
for the same prices in the US as they do abroad.
(02:49):
Republican Congresswomen at Lease Stefanics says she's suspending her campaign
to run for New York governor and will not seek
reelection to Congress. A long time ally of President Trump's,
Stefanic was widely expected to be the Republican nominee until
Bruce Blakeman, the county executive of Nassau County, entered the
race this month. Trump declined to take a side and
(03:09):
instead praised both Stefannic and Blakeman Elon Musk won reinstatement
of his twenty eighteen pay package as chief executive of
Tesla after the Delaware Supreme Court reversed the finding of
a judge who said the billionaire had improperly influenced board
members who came up with a compensation plan. The High
Court on Friday concluded the world's richest persons entitled to
(03:30):
a stock based compensation plan, now valued it about one
hundred and forty billion dollars. Ukraine's president is calling it
an important victory for his country. The European Union has
agreed to a two year, one hundred and six billion
dollar loan for Ukraine after marathon talks in Brussels. Bloomberg's
Oliver Crook is there.
Speaker 4 (03:49):
After sixteen hours of negotiations at about three or am
this morning, they came to a conclusion on how to
actually deal with this. And the headline is, and this
is kind of the most important point there's going to
be alone to the Ukrainians, it's zero interest for ninety
billion euros for the next two years. That funds basically
two thirds of all of Ukraine's needs militarily in budget.
Otherwise for the next two years, so that is sort
(04:10):
of the crucial point.
Speaker 1 (04:11):
Bloomberg's Oliver Crook reports EU leaders agreed to back the
loan with joint debt rays through the capital markets, not
through frozen Russian assets. He says Ukraine would not need
to repay the loan if it receives reparations from Russia,
Otherwise the frozen assets would come back into play. In
a marathon year end news conference, Secretary of State Mark
Rubio says the United States, which is the only country
(04:33):
they can deal with both sides at war, is not
trying to impose a peace deal on Ukraine.
Speaker 3 (04:38):
The negotiated settlement requires two things, both sides to get
something out of it and both sides to give something.
And we're trying to figure out what can Russia give
and what do they expect to get, What can Ukraine give,
and what can Ukraine expect to get. In the end,
the decision will be up to Ukraine.
Speaker 2 (04:52):
And up to Russia.
Speaker 3 (04:53):
This is not about imposing a deal on anybody.
Speaker 1 (04:55):
Secretary of State Mark Rubio. The Friday numbers on Wall Street,
the Dow gain three kree, Nasdaq was up three oh one,
The S and P gained fifty nine, the ten year
Treasury yield has had four point one four percent, the
two year at three point four eight percent. That's news
when you want it with Bloomberg News now I made Kalleggi.
Speaker 2 (05:14):
This is Bloomberg
News when you want it with Bloomberg News. Now I'm
at Kaleggi. The US launched large scale airstrikes on more
than seventy targets across Syria Friday, fulfilling President Trump's vow
to strike back after the killing of two US soldiers.
Defense Secretary Pete Hegsith said in a post on x
this is not the beginning of a war. It is
(00:21):
a declaration of vengeance. Today we hunted and we killed
our enemies, lots of them, and we will continue. The
US Central Command said that fighter jets, attack helicopters, and
artillery targeted ISIS infrastructure and weapon sites. Trump wrote in
a social media post, all terrorists who are evil enough
to attack Americans are hereby warned. You will be hit
(00:42):
harder than you have ever been hit before if you
in any way attack or threaten the USA, adding that
the Syrian government is fully in support of the US operation.
The US Justice Department released thousands of pages of pictures,
phone records, and notes from investigations into notorious Sex of
Fifes enter Jeffrey Epstein, revealing new details about the late financiers'
(01:03):
relationships with prominent business leaders and politicians. But the Justice
Department's actions did not mark the end of the saga.
The Department said more files will be released in coming
weeks because the volume of material was too much to
process by the Friday deadline set by Congress, sparking rebukes
and many Democrats. The tranch included heavy redactions, a step
(01:25):
intended to comply with the provisions of the law, including
protections for survivors and accommodations for ongoing investigations. An up
week for the US stock market we get more from
Bloomberg's Charlie Pellett.
Speaker 2 (01:37):
For the week, the S and P five hundred index
was up one tenth of one percent, Naztack up five tenths,
while the Dow was down seven tenths of one percent.
Stocks advanced for a second day while traders faced the
expiration of a record pile of options. The back to
back advance in the S and P five hundred wiped
out its loss for the week. More than twenty six
(01:58):
billion shares changeans on US exchanges. That's about fifty percent
above the twelve month average. In New York. Charlie Pellet
Bloomberg Radio.
Speaker 1 (02:08):
President Trump has announced deals with nine pharmaceutical companies, the
latest in a series of packs designed to lower drug
prices for some Americans in exchange for a three year
reprieve from threatened tariffs.
Speaker 3 (02:19):
Fourteen out of the seventeen largest pharmaceutical companies but they've
all agreed, have now agreed to drastically lower drug prices for.
Speaker 1 (02:28):
Their American patients. For the American people and patients, the
most recent pledges mean fourteen of the seventeen drug makers
targeted by Trump this past summer have agreed to lower
prices for the Medicaid program for low income and disabled people,
sell discounted drugs directly to consumers, and launched new medicines
for the same prices in the US as they do abroad.
(02:49):
Republican Congresswomen at Lease Stefanics says she's suspending her campaign
to run for New York governor and will not seek
reelection to Congress. A long time ally of President Trump's,
Stefanic was widely expected to be the Republican nominee until
Bruce Blakeman, the county executive of Nassau County, entered the
race this month. Trump declined to take a side and
(03:09):
instead praised both Stefannic and Blakeman Elon Musk won reinstatement
of his twenty eighteen pay package as chief executive of
Tesla after the Delaware Supreme Court reversed the finding of
a judge who said the billionaire had improperly influenced board
members who came up with a compensation plan. The High
Court on Friday concluded the world's richest persons entitled to
(03:30):
a stock based compensation plan, now valued it about one
hundred and forty billion dollars. Ukraine's president is calling it
an important victory for his country. The European Union has
agreed to a two year, one hundred and six billion
dollar loan for Ukraine after marathon talks in Brussels. Bloomberg's
Oliver Crook is there.
Speaker 4 (03:49):
After sixteen hours of negotiations at about three or am
this morning, they came to a conclusion on how to
actually deal with this. And the headline is, and this
is kind of the most important point there's going to
be alone to the Ukrainians, it's zero interest for ninety
billion euros for the next two years. That funds basically
two thirds of all of Ukraine's needs militarily in budget.
Otherwise for the next two years, so that is sort
(04:10):
of the crucial point.
Speaker 1 (04:11):
Bloomberg's Oliver Crook reports EU leaders agreed to back the
loan with joint debt rays through the capital markets, not
through frozen Russian assets. He says Ukraine would not need
to repay the loan if it receives reparations from Russia,
Otherwise the frozen assets would come back into play. In
a marathon year end news conference, Secretary of State Mark
Rubio says the United States, which is the only country
(04:33):
they can deal with both sides at war, is not
trying to impose a peace deal on Ukraine.
Speaker 3 (04:38):
The negotiated settlement requires two things, both sides to get
something out of it and both sides to give something.
And we're trying to figure out what can Russia give
and what do they expect to get, What can Ukraine give,
and what can Ukraine expect to get. In the end,
the decision will be up to Ukraine.
Speaker 2 (04:52):
And up to Russia.
Speaker 3 (04:53):
This is not about imposing a deal on anybody.
Speaker 1 (04:55):
Secretary of State Mark Rubio. The Friday numbers on Wall Street,
the Dow gain three kree, Nasdaq was up three oh one,
The S and P gained fifty nine, the ten year
Treasury yield has had four point one four percent, the
two year at three point four eight percent. That's news
when you want it with Bloomberg News now I made Kalleggi.
Speaker 2 (05:14):
This is Bloomberg
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