Bloomberg Talks

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.

President Donald Trump announced the agreement Tuesday on social media hours after Pakistan, a mediator in talks, implored the US leader to back off his deadline to unleash massive devastation on Iran if it did not meet his demands. The deal buys time for the two sides to reach a longer agreement to end the six-week-old war, which has killed thousands of people and sparked a global energy crisis.
Trump said he had agreed “to suspend the bombing and attack of Iran for a period of two weeks” as long as Iran agrees to “the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.”

For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with:

Bloomberg State Department and Foreign Policy Reporter Eric Martin
Bloomberg This Weekend co-host Christina Ruffini
Bloomberg White House and Washington correspondent Jeff Mason
Terry Haines, founder of Pangea Policy
Daniel Byman, Director of the Warfare, Irregular Threats, and Terrorism Program at the Center

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Council on Foreign Relations President Emeritus Richard Haass discusses Pakistan’s role in brokering a deal between the United States and Iran ahead of Tuesday’s deadline, the importance of reopening the Strait of Hormuz, and why there is still a lot of ‘space for diplomacy.' He speaks with Bloomberg's Romaine Bostick and Katie Griefeld. 

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Rebecca Lissner, Senior Fellow of US Foreign Policy at the Council on Foreign Relations speaks on President's Trump threats to "blow everything up" in Iran. She speaks with Bloomberg's Tom Keene and Paul Sweeney. 

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New York Fed President John Williams says monetary policy is “really well positioned” for the Fed to “wait and see” on the economic consequences of war in Iran. Williams also comments on his view of the US economy and labor market and the issue of continuity at the Federal Open Market Committee. He speaks with Bloomberg's Michael McKee

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Clear CEO Caryn Seidman-Becker joins "Bloomberg Open Interest" to talk about the current TSA delays due to the government shutdown, as well as the potential growth opportunities for Clear.

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Dan Ives, Global Head of Tech Research at Wedbush Securities, joins "Bloomberg Surveillance Radio" to talk about the tech sector's resilience amid conflict in the Middle East.

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Ethan Allen CEO Farooq Kathwari discusses how retailers are navigating tariffs one year since President Trump's "Liberation Day." This comes as the Trump Administration announces the US will maintain 50% tariffs on many imported steel, aluminum and copper products, while simplifying duties for goods made with negligible amounts of the metals. He speaks with Bloomberg's Scarlet Fu and Katie Greifeld.

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Martha Gimbel, Executive Director & Co-Founder of Yale Budget Lab speaks on President Trump's tariffs, the rise in oil and gas prices, and the shock to metal prices. She speaks with Bloomberg's Tom Keene and Paul Sweeney. 

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Jim Zelter, president at Apollo Global Management, offers a defense of private credit and says investors are missing the plot on the public/private convergence. He speaks with Bloomberg's Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern. 

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President Donald Trump said the war in Iran is “very close” to completion, even as he signaled strikes could escalate in the near term.  

Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran’s proxies from destabilizing the region and cut off the country’s path to nuclear weapons.

“Tonight I’m pleased to say that these core strategic objectives are nearing completion,” Trump said from the White House in a roughly 20-minute speech. “We are going to finish the job. and we’re going to finish it very fast, we’re getting very close.”

The speech came as the president is grasping for an off-ramp in a conflict that has quickly slipped out of control. 

For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with Bloomberg This Weekend co-host Christina Ruffini and Bloomberg White House and Washington correspondent Jeff Mason.

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