Bloomberg Daybreak: Europe Edition

Asia Market Meltdown, Israel Braces for Attack & Riots Flare Across Britain

Aug 5, 2024
Global stock markets are tumbling as fears rise about the US economy and the Federal Reserve's delayed action. Bond traders are increasingly betting on imminent rate cuts amidst recession worries. In the Middle East, Israel prepares for possible retaliation from Iran following high-stakes assassinations. Meanwhile, tensions flare in the UK with anti-immigrant protests leading to government intervention, reminiscent of past riots. Concerns grow over misinformation exacerbating community unrest and the government's urgent response to restore order.
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