Bloomberg Daybreak: Europe Edition US Shutdown Looms Large, 20-Point Gaza Plan, Starmer Pitches Decency
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Sep 30, 2025 Derek Wolbank, Senior U.S. government editor at Bloomberg, discusses the imminent U.S. government shutdown and its political implications. He shares insights on the blame game among lawmakers and the potential impacts on everyday life. Meanwhile, Paul Wallace, Middle East and Africa managing editor at Bloomberg, delves into the 20-point Gaza peace plan proposed by Trump and Netanyahu, analyzing its unique elements and the regional response. Together, they explore the challenges ahead for both U.S. politics and Middle Eastern diplomacy.
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Gold Rises On Shutdown Risk
- Gold hit record highs as markets fear a US shutdown will delay key Fed data and unsettle rate expectations.
- Vice President J.D. Vance blamed Democrats publicly, signaling political risk for messaging before a potential lapse.
20‑Point Gaza Framework Announced
- Trump and Netanyahu unveiled a 20-point plan framed as an ultimatum to Hamas to surrender and release hostages within 72 hours if accepted.
- The proposal names a technocratic Palestinian committee and positions Trump to chair an overseeing board, raising questions about enforceability.
China Pushes Stronger Taiwan Wording
- China has pressed the Trump administration to explicitly declare opposition to Taiwan independence, seeking stronger wording than prior statements.
- The State Department said US policy hasn't changed, keeping to the historical one‑China stance for now.