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September 26, 2025 5 mins

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Speaker 1 (00:00):
The news when you want it with Bloomberg News Now.
I'md Kleggi. The US will revoke Colombian President Gustavo Petros
Visa after the leftist leader urged US soldiers to disobey
orders and incite violence. The Department of States said this
at a post on x According to the post, we
will revoke Petros Visa due to his reckless and incendiary actions.

(00:25):
The Andian nation's president appeared in New York City streets
in protests against the Palestine conflict, calling on US soldiers
to disobey President Trump and not point their weapons against
the people. And I popping dealers apparently in the works
for a major video game company. Bloomberg's Nancy Lyons reports.

Speaker 2 (00:43):
Electronic Arts could be close to a deal with the
consortium that wants to take the company private. Sources tell
Bloomberg the group include Silver Lake Management and Saudi Arabia's
public investment fund. EA is behind Madden NFL Battlefield as
well as the Sin. If it happens, the deal could
value EA as much as fifty billion dollars, making it

(01:05):
one of the largest leverage buyouts ever. I'm Nancy Lyons,
Bloomberg Radio, the.

Speaker 1 (01:11):
United Nations will reimpose broad sanctions on Iran after days
of frantic diplomacy in New York failed to is a
standoff over Tehran's nuclear program. The vote was not a surprise,
given opposition from the US and Western allies to any
extension of sanctions relief. Last month, France, Germany, and the
UK had set in motion what's known as sanctioned snapback,

(01:31):
citing Tehran's limited cooperation with the IAEA and broader non
proliferation negotiations. Israeli Prime Minister Benjamin Netaniah, who struck a
defiant tone in his speech to the UN General Assembly
for Aday, vowing to continue his country's warn't Gaza until
Hamas is destroyed and slamming Western nations that recognized Palestinian statehood.

(01:52):
Many delegates walked down as Netajaho prepared to speak, leaving
the hall largely empty. The Supreme Court has handed a
victory to President and Trump over billions of dollars in
foreign assistance funding. Bloomberg's Amy Morris reports from Washington.

Speaker 3 (02:06):
This order allows President Trump to keep frozen four billion
dollars that Congress had already approved for four and eight.
That money is set to expire after the fiscal year
ends September thirtieth, if the State Department and what's left
of USAID don't commit to spending it now. This is
not the final word in this funding fight. There are
two other lawsuits pending which will decide whether the executive

(02:29):
branch can just unilaterally refuse to spend congressionally appropriated money.
The Court's three liberals dissented in Washington, Amy Moore as
Bloomberg Radio.

Speaker 1 (02:38):
Russian President Vladimir Putin is broadening his effort to destabilize
the West, forcing European leaders to reassess the scale of
the thread and Russian new defenses. After unprecedented airspace violations
this month, defense ministers from European Union member states on
the block's eastern flank pushed forward with a drone walled
initiative to improve security and respond to the evolving three.

(03:00):
The Kremlin's ultimate goal is to cripple the ability of
European governments to react quickly and disrupt social stability. This,
according to a senior European official familiar with deliberations over
the tactics. TikTok's Chinese parent company will likely get about
a half of the profit from the platform's US operation,
even after its sells majority ownership to American investors as

(03:21):
part of a deal orchestrated by President Trump. By Dance,
it's expected to receive a licensing fee on all revenue
generated from making its algorithm available to the US operating entity,
as well as a share of the profit in proportion
to its equity stake. Overall, the Beijing based parent company
will probably get fifty percent or more of the overall
profit of the US operation after its new owners take control.

(03:44):
Senate Republicans are gearing up to hold another vote on
a stopgap measure just hours before the deadline to fund
the government. Senate Republicans are looking to vote again on
the House Past Continuing Resolution on Tuesday. The measure would
fund the government through November twentieth, but would not address
a inspiring healthcare subsidies. It was blocked by Senate Democrats
last week, Although the Senate schedule is not yet locked in,

(04:07):
that timing could increase pressure on Democrats to support the
stop gap this time around, rather than risk a shutdown
by opposing the GOP plan. Personal spending growth by more
than forecast last month while underlying inflationary pressures held steady.
The Fed's preferred gage of inflation came in at two
point nine percent, still above the fed's two percent target,
but former Saint Louis FED President Jim Bullard thinks the

(04:29):
Central Pink can look past it.

Speaker 4 (04:31):
These numbers look to me like they're consistent with what
markets were expecting. I think markets have a reacceleration hypothesis,
and I'm sympathetic with that. So I do think the
economy will be in pretty good shape for the rest
of this year and into twenty twenty six as some
of the new administration policies come online.

Speaker 1 (04:54):
Former Saint Louis FED President Jim Bullard is a candidate
to succeed j. Powace Cheer next year. He was a
guest ston Bloomberg Surveillance the twenty twenty five Ryder Cup.
Heading into Saturday, Europe leeds the United States five and
a half to two and a half. The Friday number
is on Wall Street. The Dow was up to ninety nine,
Nasdaq added ninety nine, the S and P game thirty eight.
The ten year treasury yield four point one seven percent,

(05:16):
the two year yield three point six four percent, that's
news when you want it with Bloomberg News. Now I'm
in Kleggy. This is Bloomberg
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