Iran said it would halt talks with the US in protest over Israel’s expanded ground assault in Lebanon, escalating tensions as Washington and Tehran try to iron out a tentative peace deal. Tyler Kendall reports on the latest out of the Middle East.
——–
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Texas Attorney General Ken Paxton won the state’s Republican Senate runoff, defeating four-term incumbent John Cornyn and setting the stage for a November showdown with Democrat James Talarico. Paxton clinched the nomination a week after securing an endorsement from President Donald Trump in one of the most expensive primaries in Senate history. Bloomberg’s Jon Herskovitz reports.
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The US is proposing tariffs of at least 10% on imports from most major trading partners after an investigation into alleged forced labor. Mike Pompeo, former US state secretary, offers his view as investors also parse the latest development.
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Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture. 
David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons. 
Bloomberg This Weekend gives you insight to make sense of the world.

Today’s show includes conversations with:
– Bloomberg Television Anchor Haslinda Amin from the Shangri-la Dialogue in Singapore
– Bloomberg Intelligence Senior Analyst Mandeep Singh
– Associated Press Reporter Phillip Crowther
– Bloomberg Law Reporter Bobby Iafolla
– Former CDC Director Tom Frieden
– Bloomberg News Texas Bureau Chief Julie Fine
– Bloomberg News Reporter Matthew Campbell
– Cisco Chief Product Officer Jeetu Patel

Here are the stories we’re following:
-Several Americans were hurt in a missile attack on a Kuwaiti air base over the past day as a White House meeting to discuss extending the ceasefire with Iran ended without conclusion.
– A federal judge ordered President Donald Trump to respond to “grievous allegations” that his deal with the government to create a $1.8 billion fund to resolve his lawsuit against the Internal Revenue Service was the result of a “fraud” on the court.
-President Donald Trump “remains in excellent health,” according to the White House doctor, after undergoing a physical earlier this week which included a cognitive test.
– The IISS Shangri-La Dialogue is Asia’s premier defense summit, bringing senior officials from around the world to Singapore for three days of discussions. They will tackle pressing security issues, from the fragile ceasefire in the Middle East to the war in Ukraine and the intensifying great-power rivalry between the US and China in the Trump era. US Defense Secretary Pete Hegseth is expected to attend, while Vietnam’s newly minted President To Lam is set to deliver the keynote address.
– The US and Iran have reached a preliminary deal to extend a ceasefire by 60 days and discuss the future of Tehran’s nuclear program, a person with knowledge of the matter said, buoying hopes for a resolution to a three-month conflict that has killed thousands and roiled the global economy.
– Earnings from technology stocks had a big week. Dell, Salesforce, Snowflake and several others saw shares surge after results and forecasts that blew past estimates.
– A White House plan to rapidly repeal regulations has flopped, with just a handful of rules dumped via the expanded use of an administrative shortcut since a widespread review effort was ordered more than a year ago.
– As Donald Trump celebrated Ken Paxton’s landslide win in Texas, Republican officials were busy gearing up for a brutal fight that may end up costing them more than $100 million to stop a Democrat from flipping a seat in a state the president won by 14 percentage points.
– Travel restrictions and border closures are hindering the response to Ebola as aid workers say they are battling to get to some of the areas where the outbreak has been the most vicious. 

#politics #trump #iran , #iranwar, #elections #electionnews #taiwan #taiwannews #singapore #chinanews #china #ebolavirus #texas #technews

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Congressional Black Caucus Chair Yvette Clarke, Democratic Representative from New York, says Louisiana’s new congressional map eliminating a majority-Black district is part of a broader redistricting push that is “devastating” for Black political representation. She says Democrats must fight the effort in court and through legislation, arguing her party cannot “sit back” as Republicans redraw maps to protect their House majority. She speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg’s “Balance of Power.”
——–
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