Bloomberg Daybreak: US Edition Middle East Truce Back on Track; Bessent on Path for Confirmation
5 snips
Jan 17, 2025 Recent developments in the Middle East feature a potential ceasefire between Israel and Hamas as Netanyahu updates on progress. The political landscape shifts with Bessent advancing toward confirmation amid Senate scrutiny. Meanwhile, Hollywood giants like Apple and Amazon plan to stream a charity concert addressing the wildfires in Los Angeles. The conversation also touches on implications for regional stability and challenges in negotiating future ceasefires, alongside important current events affecting public safety and policy.
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Middle East Truce
- Israel and Hamas have finalized a ceasefire agreement.
- The truce will begin on Sunday and involve a phased release of hostages and prisoners.
TikTok Ban Update
- The Supreme Court may rule on the TikTok ban.
- Even if upheld, TikTok could get a reprieve due to legal timing and potential extensions.
Bessent Confirmation
- Scott Bessent, Treasury Secretary nominee, cleared his Senate hearing.
- He emphasized extending the 2017 tax cuts to avoid economic crisis.