Bloomberg Daybreak: Europe Edition $100K US Visa Havoc, Murdochs TikTok Role, Putin's Secret Plan
Sep 22, 2025
Jill Deesis, Newsdesk editor at Bloomberg, sheds light on the unexpected shift in the H-1B visa fee to $100,000. She explains how this change could squeeze the margins of Indian IT firms already facing challenges due to geopolitical tensions. The discussion also touches on how countries like Canada, the UK, and Australia are increasingly recognizing a Palestinian state, shifting global diplomatic norms. Plus, hear about Estonia's call for enhanced NATO air defense amid rising tensions with Russia. It's a blend of tech, politics, and international relations.
AI Snips
Chapters
Transcript
Episode notes
H‑1B Fee Shock Hits Outsourcers
- The Trump administration imposed a $100,000 application fee on new H-1B visas, a dramatic increase from typical $5k–$10k costs.
- That change threatens Indian outsourcing firms' margins and could reshape global tech hiring strategies.
Short‑Term Travel Fears And Clarification
- Firms rushed to warn visa-holders against foreign travel amid confusion about the rule's scope.
- A White House clarification later said the fee applies to new applications only, easing immediate renewal fears.
Western Shift On Palestinian Recognition
- The UK, Canada and Australia recognised a Palestinian state, signalling a coordinated push for a two‑state solution.
- The move breaks with the U.S. stance and escalates diplomatic tensions with Israel.