Treasury Secretary Scott Bessent tapped David Zervos, a longtime market and policy analyst at investment bank Jefferies, as an adviser with an unspecified role.
Ukraine sees no positive signs that there could be a ceasefire covering grain exports via the Black Sea in the coming months, as strikes in the region have drastically cut the country’s ability to export products vital to global supplies.
UK Chancellor of the Exchequer John Healey speaks about the artificial intelligence boom and its impact on the economy, calling the technology "the greatest innovation of our time." Addressing the Labour Party conference in Liverpool, Healey adds: "We will make sure that Britain wins in this AI revolution." (Source: Bloomberg)
"The prime minister and I are united in meeting the fiscal rules," UK Chancellor of the Exchequer John Healey says in his address to the Labour Party conference in Liverpool. He adds that fiscal discipline will be at the center of the budget he will deliver in late October, which marks a high-stakes moment for both Healey and Prime Minister Andy Burnham. (Source: Bloomberg)
Germany’s state governments are considering changing voting rules to prevent the country’s far-right party from blocking decisions if it takes control in an eastern state where it now dominates.
France faces a day of strikes on Tuesday as unions call on civil servants to put pressure on the government before it presents its 2027 budget bill later this week.
The UK was closely monitoring increased threats to a British airbase used in US strikes against Iran before an attempted attack was foiled on Sunday, people familiar with the matter said, adding that authorities had tightened security at the site.
The political battle for the Senate is spreading to states many analysts doubted would have a central role in the November midterms, prompting both parties to bolster spending in an election that is on track to be the most expensive in American history.
Nancy Cook, Bill Allison, Catherine Lucey and Amanda Gordon
Defence Secretary Wes Streeting declines to link the arrests of five people near RAF Fairford, an air base that is a key launching point for US strikes against Iran, with the ongoing conflict in Iran. “I don’t want to draw a link between what’s happening in Iran and this incident at this stage,” he says. Speaking on Bloomberg Television, he adds that the Iranian regime poses a threat to the United Kingdom, its interests and allies. He speaks with Bloomberg's Caroline Hepker on the sidelines of the Labour Party's annual conference. (Source: Bloomberg)
Britain’s defense secretary declined to connect the arrests of five men near a Royal Air Force base with the US-Iran war, saying that an investigation into the incident was ongoing.
UK Defence Secretary Wes Streeting says there is "no doubt that the Iranian regime poses a threat" to the UK, the nation's interest and its allies. Speaking with Bloomberg's Caroline Hepker on the sidelines of the annual Labour Party conference in Liverpool, he adds that "there is more in the budget to come on defense." (Source: Bloomberg)
Japan held its first meeting of an expert panel tasked with helping develop national intelligence gathering capabilities and anti-espionage measures, moves that Prime Minister Sanae Takaichi said were vital to guard against foreign threats.
Turkish President Recep Tayyip Erdogan said he will meet senior economic officials and the heads of relevant institutions on Tuesday as the government prepares further steps in response to the turmoil in the country’s fund market.
The son of a night watchman and a stay-at-home mother, Douglas Oliveira was 16 and living in a modest house in Brazil’s northeast when he cast his first ballot, helping Luiz Inácio Lula da Silva win a second presidential term.
Thailand and its prime minister, Anutin Charnvirakul, avoided renewed political upheaval after a ruling by one of the country’s top courts removed the threat that the recent election would need to be rerun.