Bloomberg Daybreak: Europe Edition Putin-Trump Alaska Meeting, London Job Losses, Football's Private-Debt Boom
Aug 15, 2025
Jill Deesis, a News Desk Editor at Bloomberg, dives into high-stakes geopolitical developments and economic shifts. She discusses Putin's praise for Trump as they navigate potential cooperation over Ukraine. The conversation reveals alarming job losses in London amid rising taxes and wage costs. Deesis also highlights a growing talent war in European football that’s igniting a new debt market. Tensions rise as U.S. banks push for office returns, contrasting sharply with their European counterparts.
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Putin Broadens Meeting Agenda
- Vladimir Putin used flattery and promises of economic cooperation to broaden the agenda before meeting Donald Trump.
- He signalled interest in arms control and economic ties beyond just Ukraine talks.
State Steps Into Chip Industry
- The Trump administration considered taking an equity stake in Intel after a meeting with its CEO.
- That move signals a greater willingness to blur lines between state and industry in tech policy.
London Bears Jobs Slowdown
- London accounted for one in four UK job losses since last October's budget, driven by tax rises and wage costs.
- Higher business costs and weak consumer spending hit private-sector hubs harder than public-sector regions.