EconomyUS public debt has passed $40 trillion, while countries worldwide are also grappling with fiscal strain. After taking on record debt during Covid, many governments have struggled to rein in spending. Chrystia Freeland discusses the political difficulty of fiscal discipline with former Dutch Finance Minister Sigrid Kaag and former German Finance Minister Christian Lindner.
Bloomberg Television
EconomyFederal Reserve Chair Kevin Warsh said the central bank is prepared to act if inflation does not move clearly and quickly toward its 2% target, while describing the broader US economy as strong. Analysts said the remarks offered more clarity on the Fed’s approach, with upcoming inflation data likely to be decisive.
Bloomberg Television
PoliticsUzbekistan held a 35th independence anniversary ceremony in New Tashkent that combined political messaging with a large cultural programme. President Shavkat Mirziyoyev announced seven national programmes with major targets for investment, education, healthcare and economic growth.
SciencePalau’s reefs have avoided the mass bleaching that devastated systems such as Australia’s Great Barrier Reef because they are unusually heat-resistant. As global temperatures rise, Palau is cultivating “super coral”, while Australian scientists see the technology as a possible last chance for reefs and plan to spread larvae across the Great Barrier Reef.
WorldFox News meteorologist Adam Klotz discusses the possible impact of monsoon season after devastating flash floods struck Nepal, warning that heavy rain could add to the threat.
Fox News
PoliticsSmall-scale traders in Nairobi closed their businesses and took to the streets on Friday to oppose higher taxes and a new customs valuation benchmark. They said the measures are raising business costs and threatening their livelihoods, while police used tear gas to disperse them.
The Associated Press
CultureNashville singer-songwriter and two-time Grammy nominee Maggie Rose, known for blending genres and her powerful voice, performs “Gentle Man.” Her new album, “Half Moon,” explores the excitement and uncertainty of becoming a mother.
CultureNashville singer-songwriter and two-time Grammy nominee Maggie Rose, known for her genre-blending music and powerful voice, performs “Weekend Lover.” Her new album, “Half Moon,” explores the excitement and uncertainty of new motherhood.
CultureNashville singer-songwriter and two-time Grammy nominee Maggie Rose, known for her genre-blending style and powerful voice, performs “Red Shoes.” Her new album, “Half Moon,” explores the excitement and uncertainty of new motherhood.
PoliticsAdam Fleming is joined by Scotland editor and Newscast host James Cook and Scotland correspondent Lorna Gordon to revisit the pivotal moments of the 2014 Scottish independence referendum campaign.
BBC News
SocietyFlock cameras have fueled a nationwide fight over privacy and public safety. Law enforcement calls the technology invaluable, while critics say it amounts to invasive surveillance. CNN’s Meena Duerson visits a city where every Flock camera was destroyed and speaks with masked activist NoMark about the growing backlash.
CNN
PoliticsTexas Gov. Greg Abbott discusses allegations that U.S. Senate candidate James Talarico ran a fraudulent campaign, along with data-center construction in the United States.
Fox News
WorldIsraeli strikes in Gaza killed five people, according to local hospital officials. Nasser Hospital officials said two brothers and another relative died when their family home outside Khan Younis was hit. Health officials at Shifa hospital reported one death in each of two separate strikes in Gaza City.
SocietyTwo U.S. cities are trying a novel approach to reducing high-speed crashes: giving law-abiding drivers fewer red lights instead of relying only on penalties for those who speed.
The Associated Press
WorldWith deadly floods damaging roads, Nepal’s army is using helicopters to conduct rescue missions and move survivors to safety. Overcast skies and more rain expected in the coming hours are raising fears that flooding could worsen.
WorldAt least 27 people were killed after a Russian drone struck a depot near Kyiv’s western suburbs overnight, Ukrainian authorities said. The attack triggered a huge fire and explosions.
PoliticsEarly exit polls put Kazakhstan’s new ruling Adilet party decisively ahead with more than 70% of the vote in early elections for the unicameral parliament. The result could give it about 105 of the new chamber’s 145 seats.
WorldPoor weather temporarily disrupted aerial rescue operations in Nepal on Saturday as the search for thousands of people missing after catastrophic flash floods near the China border entered its fourth day.
The Associated Press
PoliticsDonald Trump says the United States has reached a deal to control 65 billion barrels of Venezuela’s oil reserves. He has long been candid about wanting the US to secure Venezuelan oil and has urged oil companies to invest in the South American country.
EconomyIn an exclusive Bloomberg Next Africa conversation, Halima, Mariya and Fatima Dangote discuss the next generation of leadership at Dangote Group. Their plans include expanding cement production, investing in refining, fertilizer and power, and creating a family office to preserve the family legacy for generations while generating more value from Africa’s resources at home.
Bloomberg Television
OtherA midday roundup of key stories from Europe and beyond, covering world news, business, entertainment, politics, culture and travel.
EconomyAn ‘All Star’ panel discusses the Federal Reserve’s next steps and the possibility of an interest rate increase on ‘Special Report.’
Fox News
CultureFans and fellow performers are mourning Dolly Parton, the singer, songwriter, actress and philanthropist who died at 80, while reflecting on the lasting legacy of her career and public life.
ABC News
WorldRescue teams continue working in northern Nepal after devastating flash floods and mudslides left people missing. Heavy rain is disrupting helicopter operations and slowing the search as families wait for information about their loved ones.