Derek Wolbank

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.

Derek Wolbank, Senior U.S. government editor at Bloomberg, provides sharp insights into the political chaos surrounding the U.S. government shutdown. He delves into how the impasse over healthcare funding led to a standstill, potentially disrupting vital services including visas and passport processing. Wolbank also assesses the fallout for federal workers and the political repercussions for both parties. Amidst this, market reactions see gold prices skyrocket, as uncertainty looms over delayed economic data.

Benjamin Stupples, an ultra net worth reporter at Bloomberg, discusses the worrying trend of wealthy individuals leaving London due to new tax policies. Derek Wolbank, senior U.S. economics and government editor, dives into the complexities of U.S. tariff negotiations under Trump's administration. They explore how this exodus impacts the UK economy and the implications of unilateral tariffs. The conversation also touches on Labour’s plans to invest in regions outside London to combat electoral challenges, amid rising tensions in international trade.