Business
China Set for $1.2T Trade Surplus Despite US Tariffs, Jimmy Kimmel to Return | The Pulse 9/23/2025
President Xi Jinping’s export engine has proved unstoppable during five months of sky-high US tariffs, sending China toward a record $1.2 trillion trade surplus. With access to the US curtailed, Chinese manufacturers have shown they aren’t backing down: Indian purchases hit an all-time high in August and sales to Southeast Asia have exceeded their pandemic-era peak.
Elsewhere, Jimmy Kimmel Live! will return to the air on Tuesday, ending a suspension Walt Disney Co. imposed following controversial remarks the ABC late-night host made about the assassination of Republican activist Charlie Kirk.
“We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show on Tuesday,” ABC’s parent said in a statement.
Today’s guests, Luke Barrs, Goldman Sachs AM Fundamental Equities Chief Business & Client Officer, Josie Anderson, Nomura European Economist
Chapters:
00:00:00 – The Pulse
00:00:47 – Euro-Zone Private Sector Grows at Fastest Pace in 16 Months
00:03:56 – Nvidia, OpenAI Make $100 Billion Deal to Build Data Centers
00:06:30 – Fed’s Miran Makes an Outlier’s Argument for Cutting Rates
00:10:11 – Luke Barrs, Goldman Sachs AM Fundamental Equities Chief Business & Client Officer
00:15:47 – Baltic Leaders Say Russia is Testing NATO Readiness
00:21:22 – France Recognizes Palestine as a State
00:24:39 – French PMI Sinks on Political Turmoil
00:27:41 – Josie Anderson, Nomura European Economist
00:31:22 – Reeves’ Path to £6 Billion Tax Hike Floated by UK Think Tank
00:31:42 – Hong Kong Flights Halted as Typhoon Looms
00:32:21 – China Floods the World With Cheap Exports After Trump’s Tariffs
00:34:20 – US-China talks for ‘Huge’ Aircraft Order
00:36:26 – Disney Says ‘Jimmy Kimmel Live!’ to Return Following Backlash
00:39:12 – Judge Allows Orsted to Resume US Wind Farm Construction
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Business
Anthropic Files Confidentially for IPO in Race With OpenAI | Horizons Middle East & Africa 6/2/2026
Anthropic has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward a Wall Street debut as soon as this fall. Also on the show: President Donald Trump and Israeli Prime Minister Benjamin Netanyahu offered differing accounts of a call about the fighting in Lebanon, as the US struggled to get efforts toward an Iran peace deal back on track; stocks eased from all-time highs as investors took a breather from the AI-driven rally; Russian officials tell Putin war spending is unaffordable; Ethiopian PM Abiy Ahmed set to secure another term; Turkey’s economy cools more than expected in 1Q. Guests include: Sree Kochugovindan, Aberdeen Investments Senior Research Economist; Niamh McBurney, Control Risks Associate Director.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 – Introduction
00:03:23 – Anthropic files confidentially for IPO
00:09:00 – Sree Kochugovindan, Aberdeen Investments Senior Research Economist
00:15:55 – Trump aims to calm Lebanon tensions
00:20:22 – Russian officials tell Putin war spending is unaffordable
00:27:12 – Niamh McBurney, Control Risks Associate Director
00:35:52 – Ethiopian PM Abiy Ahmed set to secure another term
00:42:35 – Turkey’s economy cools more than expected
——–
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US forces intercepted Iranian ballistic missiles and drones aimed at neighboring Middle East countries and struck a command center in the Islamic Republic in response. The exchange followed days of Israeli military escalation against Iran-backed Hezbollah in Lebanon. Bloomberg’s Abeer Abu Omar breaks down the situation.
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Business
Bloomberg This Weekend | Hegseth Reaffirms Commitment to Pacific Allies, Kennedy Cntr Name Restored
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York.
Chapters:
00:00:00 – Bloomberg This Weekend Begins
00:01:51 – News Now with Lisa Mateo
00:05:35 – Hegseth: “Rightful Alarm” on China Military Buildup
00:10:19 – NATO Military Chief: “No Drama” With US
00:14:31 – Situation Room Meeting Ends With No Update on Iran
00:18:00 – Lisa Mateo with News Now
00:20:20 – Legacy Tech Stocks Surge on Focus on Physical AI
00:22:59 – Anthropic Hits $965B Valuation, Overtaking OpenAI
00:27:53 – Bloomberg Originals: Why The SpaceX IPO is Unique
00:31:30 – WHO: “High Risk” For Ebola in DRC, Low Globally
00:33:34 – Future of Iran Peace Deal Remains in Flux
00:41:31 – Analysis Finds Trump’s Deregulation Plan Fall Flat
00:48:32 – Top of the Hour with Bloomberg This Weekend
00:50:01 – Lisa Mateo with News Now
00:53:27 – Hegseth: Trump “Laser Focused” on Iran Deal
00:55:19 – Hegseth Hails Allies in Asia, Hits Out NATO Partners
00:57:17 – Dana Khraiche on Situation Room Meeting Ends With No Update on Iran
01:03:38 – 5 Americans Hurt in Missile Attack in Kuwait as White House Sends Mixed Signals on Iran
01:06:33 – Headlines with Lisa Mateo
01:07:51 – Ebola Outbreak Raise Global Health Concerns
01:11:15 – New Ebola Outbreak Tests Global Response
01:14:08 – Health Officials Race to Contain Ebola
01:20:04 – News Now with Lisa Mateo
01:21:46 – Paxton Wins Texas Senate GOP Primary Runoff
01:23:15 – Talarico Looks to Flip Texas Blue
01:26:12 – Paxton Controversies Loom Over Senate Race
01:30:04 – BTW with Lisa Mateo
01:37:05 – Top of the Hour with Bloomberg This Weekend
01:38:17 – Lisa Mateo with News Now
01:41:20 – Panelists on Situation Room Meeting Ends With No Update on Iran
01:45:58 – Hegseth Hails Allies in Asia, Hits Out NATO Partners
01:50:39 – Hegseth: Taiwan Arms Sale Decision Lies with Trump
01:52:51 – Military Guiding Commercial Ships Through Strait
01:55:04 – Cisco Rides AI Boom As Stock Surges Higher
02:06:43 – News Now with Lisa Mateo
02:08:34 – News Now with Lisa Mateo
02:10:35 – New Book Looks at Trafficking of Cambodian Art
02:18:35 – Pointed: The News Quiz for Risk Takers
——–
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US President Donald Trump said discussions with Iran continue at a rapid pace despite the Islamic Republic’s threats to suspend talks because of Israel’s attacks in Lebanon. Col. Wayne Sanders (Ret.) of Bloomberg Intelligence has more on the talks and the state of traffic in the Strait of Hormuz.
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The global aluminum market is being squeezed by two powerful forces at once: conflict in the Middle East and rising US tariffs. Industry executives say disruptions to production and shipping in the Gulf region are removing significant supply from global markets just as tariffs are already pushing prices higher for American buyers. Jean Simard of the Aluminium Association of Canada warns the full impact of blocked shipments and damaged smelters has yet to hit North America, while Norsk Hydro executive Trond Christophersen says Asian markets are facing even greater physical supply risks. For manufacturers like Minnesota-based Wolf Tooth Components, the combination of tariffs, supply disruptions and surging demand from AI data centers is driving costs sharply higher and creating new uncertainty across the aluminum supply chain.
——–
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