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Latest news from trusted sources around the world

Economy Financial Times
Trump pushes Iran war to new phase of escalation

US president’s 48-hour ultimatum to open Strait of Hormuz follows series of tit-for-tat strikes by Tehran

Bessent Says US to Press Ahead in Iran War With Hormuz in Sights
Economy Bloomberg
Bessent Says US to Press Ahead in Iran War With Hormuz in …

Treasury Secretary Scott Bessent said US-Israeli attacks on Iran are aimed at destroying its fortifications along the Strait of Hormuz while Iranian leaders face a …

Ian Bremmer says Iran War's Not "Priced into the Markets" Yet
Economy Bloomberg
Ian Bremmer says Iran War's Not "Priced into the Markets" Yet

Eurasia Group President and Founder Ian Bremmer joins David Gura and Christina Ruffini this morning for a wide-ranging conversation on President Trump's actions during the …

Options Market Reverts to 2022 Playbook for Iran War Risks
Economy Bloomberg
Options Market Reverts to 2022 Playbook for Iran War Risks

Investors are looking back at 2022 for clues on how the risk from the Iran war unfolds across equity markets.

Rep. Greg Steube: I Don't Want to See Our Troops on the Ground
Economy Bloomberg
Rep. Greg Steube: I Don't Want to See Our Troops on the …

As the war in Iran drags into its third week, Rep. Greg Steub joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss …

Economy Financial Times
War with Iran has exposed American fragility at sea

The move from ‘efficiency’ to ‘resilience’ in maritime supply chains has a long way to go

Economy Financial Times
Where to stay in Los Angeles

Plan your next trip with these hotels as your guide. There are places to be seen, to hide, and to escape

Economy Financial Times
Malibu Beach Inn offers peace, quiet, and crashing waves

One of the city’s few true beachfront hotels, the focus here is squarely on the ocean and the pristine coastline

Economy Financial Times
The Georgian Hotel is an opulent fantasy in Santa Monica

The turquoise Wes Anderson-esque landmark, where Old Hollywood came to escape, has been meticulously restored

Economy Financial Times
Hotel Bel-Air wants to give you your privacy

This famed hideaway has hosted Hollywood, political and actual royalty since 1946. It remains gloriously peaceful — luxury the way it used to feel

Economy Financial Times
At Chateau Marmont, ‘Dial 0 for anything’

This celebrity haunt on Sunset Boulevard has been the place to get into trouble since 1929

Hormuz Strait Closure Forcing Trump, Importers to Seek Solution
Economy Bloomberg
Hormuz Strait Closure Forcing Trump, Importers to Seek Solution

The effective closure of the Strait of Hormuz — entering its fourth week as conflict in the region deepens — is piling pressure on the …

Iran Threatens to Hit Key Infrastructure After Trump’s Ultimatum
Economy Bloomberg
Iran Threatens to Hit Key Infrastructure After Trump’s Ultimatum

Iran on Sunday warned it will attack key infrastructure across the Middle East if President Donald Trump follows through on his threat to “obliterate“ Tehran’s …

South Korea Nominates BIS Official Shin as New BOK Governor
Economy Bloomberg
South Korea Nominates BIS Official Shin as New BOK Governor

South Korea’s President Lee Jae Myung nominated Shin Hyun Song, head of the monetary and economic department at the Bank for International Settlements, as the …

Japan Says Not Considering Unilateral Talks With Iran on Hormuz
Economy Bloomberg
Japan Says Not Considering Unilateral Talks With Iran on Hormuz

Japan’s Foreign Minister Toshimitsu Motegi said the nation isn’t considering unilateral negotiations with Iran to secure passage for its vessels through the Strait of Hormuz, …

Economy Financial Times
Japanese investment in Indian finance hits record as business ties tighten

Tokyo drawn to vast market where Chinese competition is limited by geopolitical tensions

Cuba Slowly Recovers From Second Blackout Amid Fuel Squeeze
Economy Bloomberg
Cuba Slowly Recovers From Second Blackout Amid Fuel Squeeze

Cuba has begun a slow recovery from Saturday’s nationwide blackout, a crisis exacerbated by the US fuel embargo and mounting pressure on Havana.

Economy Financial Times
Trump sets 48-hour deadline for Iran to open Strait of Hormuz

US president threatens to ‘obliterate’ Iran’s power plants if waterway is not opened for shipping

Trump Gives Iran 48 Hours on Hormuz, Threatens Power Plants
Economy Bloomberg
Trump Gives Iran 48 Hours on Hormuz, Threatens Power Plants

President Donald Trump threatened to attack Iran’s power plants if the country didn’t swiftly reopen the Strait of Hormuz to commercial ship traffic after the …

Shockwave of War Is Rippling Through the Global Economy
Economy Bloomberg
Shockwave of War Is Rippling Through the Global Economy

The global economy’s first collective health check since war broke out in the Middle East will arrive in the form of business surveys from the …

Economy Financial Times
Robert Mueller, former FBI director who led Trump inquiry, dies at 81

Department of Justice veteran investigated alleged ties between Trump campaign and Russia

State Street, Voya Seek Shelter From Default Risk
Economy Bloomberg
State Street, Voya Seek Shelter From Default Risk

As rising energy prices and growing inflation fears make corporate bonds look increasingly risky, big money managers including State Street and Voya Investment Management have …

Negative West Texas Gas Prices Reveal Mismatch in Global Energy
Economy Bloomberg
Negative West Texas Gas Prices Reveal Mismatch in Global Energy

A dislocation in global energy supplies means that even as buyers in some parts of the world are desperate to secure gas, there’s so much …

Economy Financial Times
Jay Powell extols ‘independence and integrity’ after latest attacks by Trump

Fed chair cites importance of resisting short-term pressure in accepting Volcker award for public service

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