Episode Transcript
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Speaker 1 (00:00):
News when you want it with Bloomberg News Now, I'm
Monica Ricks. President Trump is calling US strikes on Iranian
nuclear sites a spectacular military success.
Speaker 2 (00:10):
A short time ago, the US military carried out massive
precision strikes on the three key nuclear facilities in the
Iranian regime, Fodeaux, Natanz, and Esfahan.
Speaker 1 (00:24):
The President addressed the nation from the White House hours
after confirming the attacks on social media. Trump says the
Iranian sites were wiped out and has promised more.
Speaker 2 (00:34):
If there's no peace around the bully of the Middle
East must now make peace. If they do not, future
attacks would be far greater and a lot easier.
Speaker 1 (00:43):
Israeli Prime Minister Benjamin Netanyah, who thanked Trump for his decision.
Speaker 3 (00:47):
President Trump and I often say peace through strength first
comes strength and comes peace. And tonight President Trump and
the United States acted with a lot.
Speaker 1 (01:00):
President Trump had given a two week deadline, but made
the decision much sooner. Retired Colonel Steve Ganyard tells ABC
News it was an amazing fake out.
Speaker 4 (01:09):
Deception is a big part of war and well played
by the administration to be able to have everybody looking
over towards Hawaii and towards Guam. That's where the B
twos are coming from, and maybe what we saw tonight
were b twos that actually flew all the way from
Whiteman Air Force Base.
Speaker 1 (01:22):
That base is in Missouri. The attacks now getting mixed
reactions from lawmakers, including Vermont Senator Bernie Sanders, who called
the move unconstitutional, saying only Congress can take this country
to war. Tehran has vowed to retaliate. Meantime, traders will
prepare for a price surge in the oil market. The
region accounts for a third of global oil output, and
(01:43):
with volatility expected to intensify in the week ahead, some
analysts predict prices could spike as much as one hundred
dollars a barrel. Signs now of new snags in US
European Union trade talks. The US is apparently demanding what
EU officials see as unbalanced unilateral can sessions. More on
that from Bloomberg's Denis Pellegrini.
Speaker 5 (02:03):
We are hearing the EU has proposed gradual elimination of
tariffs on certain goods, but the BLOCK suspects many US
tariffs will remain against its wishes, and sources say the
EU is preparing countermeasures in case negotiations fail, best case
scenario would be in agreement, they say, on principles that
would allow the negotiations to continue beyond an early July deadline.
But sources also tell us Washington's request for quotas for
(02:26):
pish exports, TERRAF related moves that aren't mutual, and demands
on economic security described by EU officials as far fetched
are among the US demands. Rubbing EU officials the wrong way.
Denise Pelgriny Bloomberg Radio.
Speaker 1 (02:39):
Salvage crews rescued the wreckage of Mike Lynch's super yacht
off the coast of Sicily Saturday. It's the first time
it's been brought to the surface since it sank during
a storm last year, killing seven people, including Lynch and
Morgan Stanley. International chair Jonathan Bloomer. Investigators are expected to
examine that wreckage. Here in the US, millions of people
are sweating it out this week, and as an intense
(03:01):
heat wave bakes parts of the Midwest and Northeast. It
is the high that woman, one of many at an
arts festival today in Philly. It is way too high,
way too hot to be outside, but we're here. We're
having a good time. We're fine in shade where we can.
The high there hit ninety one over in Utah, a
fast movie wildfire has destroyed at least a dozen homes
and threatened hundreds more. Sergeant Lucas Alfred with the Washington
(03:24):
County Sheriff's Office telling KTVX evacuations were absolutely necessary.
Speaker 2 (03:29):
We're going to try and protect structures, We're going to
try and protect homes, but when lives are on the
line as well, that's going to be the priority.
Speaker 1 (03:36):
Investigators still don't know yet how the fire started, but
windy conditions continue to fuel it. President Trump says his
administration will hold talks with Harvard University and could announce
a quote mind bogglingly historic deal over the next week.
A truce would end a month's long standoff that's jeopardized
billions of dollars of the school's funding. Trump has accused
(03:56):
Harvard of antisemitism and liberal bias, threatening it tax exempt status. Harvard,
of course fired back with lawsuits accusing the administration of
unconstitutional demands. And The Travelers Championship continues tomorrow at TPC
River Highlands in Cromwell, Connecticut. Scottie Scheffler won it last year,
but is tied for eighth right now with seven under PARR.
(04:17):
British golfer Tommy Fleetwood tops the leader board at sixteen under.
That's news when you want it with Bloomberg News Now.
I'm Monica Ricks, and this is Bloomberg