Bloomberg Daybreak: Europe Edition Trump-Putin Ceasefire Talks, 'Corrections Are Healthy' & DEI By Stealth
Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) President Donald Trump said he’ll speak with Russian President Vladimir Putin on Tuesday, as the US continues to push for an end to fighting in Russia’s war in Ukraine.
(2) Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to reshape its economic policies.
(3) Consumption and industrial production in China grew faster to start the year, in an upswing that exceeded forecasts as Donald Trump’s tariffs threaten exporters in the world’s largest trading nation.
(4) US President Donald Trump’s policies are causing more uncertainty for the economy than there was during Covid, European Central Bank Vice President Luis de Guindos told the Sunday Times.
(5) The UK government will abolish more business regulators and scale back welfare spending to drive stagnant economic growth.
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