Bloomberg Daybreak: Europe Edition National Guard LA Clashes, US-China London Talks, Banks Desk Shortage
Jun 9, 2025
Tensions erupted in Los Angeles as anti-deportation protests clashed with law enforcement, raising questions about federal intervention. Meanwhile, the U.S. and China gear up for pivotal trade negotiations, focusing on rare earth materials amid ongoing economic strains. In the UK, the finance sector continues attracting foreign investment, although the landscape shows signs of slowing. Additionally, London banks face space challenges post-pandemic, navigating contrasting return-to-office policies with their European counterparts as they reconsider work dynamics.
AI Snips
Chapters
Transcript
Episode notes
National Guard Escalates LA Protest Tensions
- The deployment of National Guard troops in Los Angeles escalated tensions amid anti-deportation protests.
- California Governor Gavin Newsom declared the deployment unlawful and requested withdrawal, blaming President Trump.
Starmer and NVIDIA Boost AI Skills
- British PM Keir Starmer appeared with NVIDIA's CEO to launch a £200 million AI training scheme.
- This event highlights the UK government's push to use technology and AI for economic growth.
US-China Trade Talks Focus on Rare Earths
- The US-China trade talks in London focus on increasing exports of rare earth minerals critical for technology.
- China prefers a detailed process, while the US aims for concessions, especially on rare earth material exports.