Bloomberg Daybreak: Europe Edition

Join Lizzie Burden, Bloomberg's UK correspondent, as she reveals Rachel Reeves' ambitious plans to stimulate the UK economy through infrastructure projects. Meanwhile, Mark Gurman, the chief technology correspondent, discusses the secret collaboration between Apple, SpaceX, and T-Mobile to integrate Starlink support in smartphones. Delve into Microsoft's investigation into data security linked to AI, and uncover how the tech sector navigates these turbulent waters while pushing for innovation.

In this discussion, Mary Nicola, a strategist at Bloomberg Markets Live, analyzes the impact of DeepSeek, a Chinese AI startup releasing a groundbreaking open-source model. She highlights how this innovation challenges major players like Nvidia, leading to significant market sell-offs. The conversation also touches on President Trump's bold tariff proposals and their potential effects on US trade. Additionally, Nicola discusses the UK's plans to utilize pension fund surpluses to stimulate economic growth, reflecting evolving market dynamics.

Keir Starmer and Donald Trump reintroduced trade discussions, signaling a meeting soon. British businesses are facing their worst profit warnings since the pandemic. In an unexpected twist, Colombia has agreed to Trump’s immigration terms. Germany’s upcoming election heats up as migration becomes a hot topic, with Elon Musk backing the far-right AfD party. Meanwhile, Chinese AI startup DeepSeek is stirring concern in the tech sector, challenging the dominance of American firms like Nvidia with its innovative and affordable models.

Joining the discussion is James McIntyre, a Bloomberg economist known for his expertise in the Australian and New Zealand economies. He dives deep into Australia's consumer prices and economic health, analyzing how inflation metrics could influence the Reserve Bank's policies. The conversation also touches on the upcoming Fed decision and its implications, as well as the impact of U.S.-China trade relations on Australia’s economy. Expect insights on global economic challenges and the shifts in the labor market affecting Australia!

Jenny Marsh, Bloomberg's correspondent with a focus on China's economy, shares her insights on US-China trade relations and recent developments. Trump’s evolving stance on tariffs reveals a preference for avoiding conflict with China while still applying pressure on the Fed. The Bank of Japan's recent rate hike reflects growing confidence in inflation, influencing global economic dynamics. Marsh also discusses the implications of rising oil prices amid ongoing geopolitical tensions and a tumultuous UK economic landscape.

Volodymyr Zelenskiy insists U.S. troops are crucial for effective peacekeeping in Ukraine as tensions with Russia rise. The UK faces heightened security with a Russian spy ship inciting military responses. Meanwhile, Donald Trump downplays TikTok's national security risks after suggesting it might avoid a shutdown. Economic forecasts indicate more frequent recessions in the UK. Lastly, discussions on diversity initiatives within corporations reveal a divided landscape influenced by political shifts and public sentiment.

The potential for a 10% tariff on Chinese imports looms large as Trump keeps pressure on trade relations. Meanwhile, a $100 billion AI initiative, Project Stargate, aims to revolutionize tech infrastructure. Netflix celebrates a record subscriber boost thanks to live sports and beloved series like Squid Game. On the geopolitical front, possible sanctions against Russia add to the tension over Ukraine. Plus, there's a discussion about the challenges of navigating U.S.-China relations amid the fentanyl crisis and Taiwan's sovereignty concerns.

Jenny Marsh, a Bloomberg journalist specializing in the Chinese economy, sheds light on recent U.S. tariffs proposed by Trump against Mexico and Canada, highlighting the potential economic fallout. The discussion also covers Trump's controversial pardons for January 6th rioters and his executive orders on diversity and gender identity. Additionally, Marsh delves into the implications of his TikTok decision and the evolving dynamics in U.S.-China trade relations, suggesting a shift in America's international negotiation strategies.

A fragile ceasefire in Gaza saw Hamas release hostages, signaling hope for families. Donald Trump plans to sign nearly 100 executive orders post-inauguration, reconsidering energy policies and a potential energy emergency. The debate over TikTok’s future intensifies as the clock ticks on securing a US backer. Meanwhile, shocking research exposes the high costs hedge funds impose on clients. In the UK, asking prices for homes spike, indicating a resilient confidence in the property market despite economic shifts.

Join Joe Matthew, co-host of Bloomberg Balance of Power, and John Liu, executive editor for Greater China, as they dive into the economic landscape following Donald Trump's inauguration. They discuss how Trump's presidency may affect the U.S. economy and international trade, particularly focusing on potential tariff threats to China. John shares insights on China's strategic preparations for the new administration and the implications for diplomatic relations. They also preview the crucial discussions expected at the World Economic Forum in Davos.