Is the UK spending enough to defend itself and its NATO allies?

Ellen Milligan explains why the resignation of Defence Secretary John Healey threatens to shatter Keir Starmer’s legacy.
——–
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Diageo Global Category Director Gráinne Wafer reflects on her personal connection to the Guinness brand and the challenge of keeping an almost 270-year-old icon relevant for a new generation of drinkers. Wafer explains how the Irish stout is evolving while holding onto the ritual, quality and community that she says built it.

Why Guinness Keeps Growing While Beer Sales Worldwide Fizz Out: https://bloom.bg/4oykMXk

With Gráinne Wafer at the helm, the brand just opened a new brewery in Ireland’s County Kildare, with a second facility on the way. Will it be enough to meet the raging year-round demand?

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#Guinness #Business #Ireland

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On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from the Middle East. On today’s show, American Enterprise Institute Nonresident Senior Fellow Heather Conley, FIL Inc. CEO Frank Luntz and National Electrical Manufacturers Association CEO Debra Phillips.

Chapters:
00:00:00 – Balance of Power: Early Edition
00:04:45 – White House View: Trump, Vance & Inspection Talks
00:10:00 – JCPOA Comparisons & Nuclear Verification Analysis
00:20:00 – U.K. Politics: Keir Starmer Resignation Fallout
00:30:00 – Andy Burnham, Labour Leadership & Britain’s Future
00:35:00 – Trust in Institutions, Congress & Public Opinion
00:40:00 – Remembering Alan Greenspan
00:45:00 – Greenspan’s Legacy, Markets & Monetary Policy
00:50:00 – Fed Leadership, Powell & Economic Outlook
00:52:52 – Oil Markets, Strait of Hormuz & Energy Inflation
——–
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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Israel’s Ambassador to the United Nations Danny Danon says Israel is “very comfortable” with the US representing its interests in Iran negotiations, touting a “strong alliance” with Washington even amid questions about public strains between President Trump and Prime Minister Benjamin Netanyahu. Joe Twyman, Co-founder and Director at DeltaPoll, says the economy and cost of living, not Epstein-related controversy, will likely be seen as the issue that brought Starmer down after the UK Prime Minister resigned. Representative Dan Goldman (D-NY), a member of the House Judiciary and Homeland Security Committees, discusses New York Mayor Zohran Mamdani’s endorsement of his opponent, Brad Lander, ahead of Tuesday’s primary, saying Democrats broadly agree that life is “way too expensive” for most Americans.

Chapters:
00:02:51 – Bloomberg’s Josh Wingrove on Iran Cites ‘Major Progress’ in Overnight US Talks
00:05:09 – Danny Danon, Israeli Ambassador to the UN, on Israel-Hezbollah Fight Complicates Resolving the Iran War
00:10:43 – Amb. Danon Response to VP Vance’s Warning
00:15:17 – Power Moves: Top Financial Moves
00:18:02 – Joe Twyman, Co-Founder and Director of Deltapoll, on Andy Burnham Sworn in as MP After Starmer Steps Down
00:23:08 – Bloomberg’s David Wilcox on Former Fed Chairman Alan Greenspan Dies at 100
00:26:43 – Bloomberg’s Megan Scully on Senate to Vote on Housing Affordability Bill
00:28:55 – Representative Dan Goldman (D-NY) on Final Senate Vote on Bipartisan Housing Package
00:37:48 – Rep. Dan Goldman (D-NY) on Tough Primary Fight for Seat
00:41:32 – Political Panel Reacts: Housing Bill, Trump Meeting with GOP Senators, FISA
——–
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US equity futures waver after a three-day winning streak as Federal Reserve Chair Kevin Warsh is set to kick off his first FOMC meeting as the head of the central bank. Oil heads for its longest streak of declines this year as an interim US-Iran agreement to reopen the Strait of Hormuz ramps up bets on a revival of supply. President Trump speaks on deal talks with Iran at the G7 summit in France. Jane Foley of Rabobank discusses the Bank of Japan’s rate decision and looks ahead to the Fed’s decision.

Chapters:
00:00:00 – Bloomberg Brief
00:00:51 – Global Market Check
00:04:15 – First Look Movers
00:13:56 – Trending on the Terminal
00:19:48 – Front Page News
00:22:53 – First Look Movers
00:24:09 – Jane Foley, Rabobank Head of FX Strategy
00:30:56 – Trending on the Terminal
00:33:46 – Q&A Session With President Trump From Evian, France
——–
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