Bloomberg Daybreak: Europe Edition Liverpool Parade ‘Horror’, EU-US Accelerate Talks, NatWest’s New Era
5 snips
May 27, 2025 A tragic incident disrupted Liverpool's Premier League victory parade when a car drove into the crowd, prompting police action. Meanwhile, the EU aims to fast-track negotiations with the US to prevent a trade war, coinciding with President Trump's controversial policies that could reshape the euro's role. In banking news, NatWest is preparing for new independence as it acquires major assets, while the UK government plans to train workers to address skill shortages amidst a backdrop of growing scrutiny over U.S. asset managers by European pension funds.
AI Snips
Chapters
Transcript
Episode notes
Liverpool Parade Tragedy
- A car drove into crowds during Liverpool's Premier League victory parade, injuring 27 people including children.
- A 53-year-old local man was arrested; police are not treating this incident as terrorism.
EU-US Trade Talks Accelerate
- The EU is fast-tracking trade talks with the US to avoid a transatlantic trade war after tariff threats.
- ECB President Lagarde says erratic US policies create an opportunity to boost the euro's international role.
US Asset Managers Under Pressure
- European pension funds are scrutinizing US asset managers over their alignment with values on climate and diversity.
- This creates a divide due to pressure from Trump's policies conflicting with European standards.