Bloomberg Daybreak: Europe Edition

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Israel launched its largest assault on Lebanon since the start of its invasion, escalating the campaign against Iran-backed Hezbollah even after the US announced a ceasefire in the wider Middle East conflict.

(2) The White House announced the US would hold direct talks with Iran even as continued fighting in the Middle East, punctuated by Israeli strikes in Lebanon, threatened to derail the fragile ceasefire in the six-week conflict

(3) Iranian President Masoud Pezeshkian called on Europe to play an “effective” role in supporting lasting stability and security in the region and to pressure the US and Israel to adhere to their commitments and counter any violations to the ceasefire agreement, in a phone call with French President Emmanuel Macron.

(4) The US wants specific commitments from European allies on their pledge to help secure the Strait of Hormuz after the fighting in Iran stops, requesting that the countries present concrete plans to ensure navigation through the waterway within days, according to a senior NATO official.

(5) President Donald Trump lashed out at NATO after meeting with the military alliance’s secretary general, Mark Rutte, making clear that his anger over the organization’s stance on the Iran war remained acute.

Podcast Conversation: AI Doomsday Hype Is Marketing's Dark Arts at Work: Parmy Olson
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Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) The US and Iran agreed to a two-week ceasefire expected to halt the American-Israeli military campaign, in exchange for Tehran reopening the Strait of Hormuz, portending a temporary de-escalation while broader tensions may remain unresolved.

(2) Oil plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that’s expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz.

(3) Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and open an exit for more than 800 vessels trapped in the Persian Gulf.

(4) A swelling wave of redemptions has driven Moody’s Ratings to revise its outlook for private credit investment vehicles to negative, after holding the line at stable for over two years.

(5) Vice President JD Vance went to Budapest to criticize the European Union for allegedly meddling in the Hungarian election. Then he endorsed Viktor Orban as a model of leadership for the continent days before the make-or-break vote.

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Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) President Donald Trump insisted that freedom of navigation through the Strait of Hormuz be part of any deal to end the Middle East war and escalated threats to obliterate key Iranian infrastructure if his terms aren’t met before a Tuesday deadline.

(2) By warning that the US would deliberately bomb civilian infrastructure in Iran and effectively bring the country to its knees if officials there don’t reopen the Strait of Hormuz, President Donald Trump drew criticism that he was threatening to commit war crimes. His comments also raised questions about whether he could ever be punished for such conduct.

(3) Britain will host a meeting of allied military officers to discuss plans for securing the Strait of Hormuz as Donald Trump’s deadline for Iran to reopen the waterway looms.

(4) Five European Union members urged the bloc to tax windfall profits energy ​companies are reaping as a result of the US-Israeli war on Iran.

(5) Rivals OpenAI, Anthropic PBC, and Alphabet Inc.’s Google have begun working together to try to clamp down on Chinese competitors extracting results from cutting-edge US artificial intelligence models to gain an edge in the global AI race.

(6) NASA’s four Artemis astronauts swung behind the moon and are headed home, in a journey that shattered space travel distance records and brought people the closest they’ve been to the lunar surface in more than 50 years.

Podcast Conversation: Injured US Airman in Iran Used Boeing Device to Signal Rescuers
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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to earnings for Delta Airlines and a focus on 3 stocks for the week ahead.
In the UK – a look ahead to the new tax year in the UK.
In Asia – a look ahead to China CPI and PPI data.
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On this special Good Friday Holiday edition of Bloomberg Daybreak, host John Tucker discusses:
Big bank earnings with Bloomberg Intelligence Senior US Banks Analyst Herman Chan and Bloomberg Intelligence Financials Analyst Neil Sipes
A year after Elon Musk set out to slash jobs at the IRS, the agency is struggling to meet demands amid a busy filing season. For more, we hear from Bloomberg Law Reporter Erin Slowey.
Well you may be seeing a little less of the candy this Easter.. That's because sales are projected to drop.. For details, we speak with Bloomberg's Diana Rosero-Pena.
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