Bloomberg Daybreak: Europe Edition US Seizes Tanker Near Venezuela, Fed's 'Silent Dissenters', Europe's Coal Holdout
Dec 11, 2025
John Harney, Bloomberg's Washington DC editor focused on foreign policy, discusses the US's controversial seizure of a sanctioned oil tanker near Venezuela and the increased military pressure. Mark Cranfield, a Markets Live Strategist, dives into the Federal Reserve's recent rate cuts and the internal dissent among officials. The podcast also touches on Ukraine's revised peace plan and the implications of Labour's mansion tax on London's housing market, as well as Poland's coal production decline and future energy transition.
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Seizure Marks Major US-Venezuela Escalation
- The US seized a sanctioned oil tanker off Venezuela, marking a major escalation in tensions.
- The move could further restrict Venezuela's crude exports and raise regional risks.
Fed Cut Reveals Internal Split
- The Fed cut rates by 25bps but showed internal division, with a 9-3 vote and three dissenters.
- Investors trimmed rate-cut expectations for next year amid the split.
AI Capex Pressures Oracle's Stock
- Oracle's heavy spending on AI data centers raised investor concerns as cloud revenue lagged expectations.
- The market punished the stock, showing sensitivity to rising costs before revenue catches up.