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Trump Ratchets Up Pressure on Iran Ahead of Talks | Balance of Power 04/10/2026
“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Leon Panetta, Former Defense Secretary under the Obama Administration, says Tehran’s control of the Strait gives it significant leverage and is driving inflation and fuel costs, making it central to negotiations. Rep. Debbie Wasserman Schultz (D-FL) points to unresolved fighting in Lebanon and the still-closed Strait of Hormuz as key challenges facing any broader agreement with Iran. Former NASA astronaut and ISS Commander, Colonel Terry Virts says the Artemis II crew’s return to Earth in the coming hours is a “really bright spot” for the world.
Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:46 – Courtney Subramanian on Pres. Trump Not Speaking to the Press, What to Expect From US Iran Talks This Weekend
00:04:02 – Leon Panetta, Fmr. US Secretary of Defense, Discusses US & Iran Prepare for Talks Amid Fragile Ceasefire
00:12:53 – President Trump Speaks Live to Press
00:16:37 – Power Moves: Top Financial Stories of the Day
00:19:55 – Rep. Debbie Wasserman Schultz (D-FL) on Her Expectations of US Iran Talks, House Dems. Plan a War Powers Resolution Vote Next Week
00:26:27 – Todd Gillespie on Scott Bessent, Jerome Powell Summon Bank CEOs Over Anthropic’s New AI
00:30:15 – Sana Pashankar, on What to Expect as Artemis II Prepares for Splashdown
00:32:34 – Terry Virts, NASA Fmr. Space Shuttle Pilot, Shares Insight on What Artemis II Astronauts Are Experiencing As They Prepare Splashdown
00:40:08 – Power Brief: Top Stories Watching Tonight
00:42:17 – Political Panel React to Fmr. VP Harris Won’t Rule Out 2028 Run, Reading Into VP Vance Leading Negotiations Talks, Midterm Messaging
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Bloomberg’s Lisa Abramowicz breaks down the affordability issues that form the backdrop for the Nov. 3 midterm elections.
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Indonesian stocks suffered their worst rout in nearly three decades after MSCI warned the country’s emerging-market status was in jeopardy. David Ingles and Stephen Engle report.
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South Africa’s foreign minister Ronald Lamola describes the US administration’s views as feeding the agenda of White supremacy, and said its policy is a race-based policy executive order. https://www.bloomberg.com/news/articles/2025-11-18/g-20-on-track-despite-trump-s-absence-host-south-africa-says
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US tech giants started releasing their latest earnings this week, and AI spending plans are getting a hard look from investors. On today’s Big Take podcast, Meta’s plan to spend some $825 billion over the next decade made investors nervous but Microsoft, Alphabet and Amazon may fare better.
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Firmus abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia-backed data center company failed to lure global investors who’ve grown increasingly skittish over frothy AI valuations.
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