Author: Bloomberg News
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Trump’s fears about economy undercut U.S. leverage in Iran talks
President Donald Trump said the prospect of global economic collapse was a big reason he signed an interim peace deal with Iran. That admission exposes a key U.S. weakness heading into the next round of talks with Tehran. The memorandum of understanding that Trump signed on Wednesday reopened the Strait of Hormuz and set in…
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Ebola outbreak could be among largest ever, CDC warns
Ebola cases in the Democratic Republic of Congo jumped by 71 in a day and another 21 deaths were recorded as health workers expanded testing in the mining town where the outbreak is believed to have begun, pointing to an epidemic that may be much bigger than previously understood. The infections brought the number of…
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Ebola outruns containment in eastern Congo
Ebola is spreading faster than responders can track it in eastern Congo, where health workers managed to follow up with barely one in five identified contacts in a single day. Authorities in the Democratic Republic of Congo reported 83 confirmed infections, 746 suspected cases and 1,603 identified contacts as of May 21, according to the…
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Trump’s more than 3,700 trades astonish Wall Street insiders
WASHINGTON — President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration. The transactions, spelled out in more than 100 pages of documents filed Thursday with…
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NATO nations brace for Trump to pull more troops from Europe
U.S. allies in Europe anticipate that President Donald Trump will withdraw more forces from the continent after he announced he would pull 5,000 troops out of Germany, people familiar with the matter said. Top diplomats from NATO allies forecast that Trump will announce more drawdowns, possibly including from Italy, and scrap a plan dating back…
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U.S. deploys bulk of stealthy long-range missile for Iran war
The next steps in the U.S. military campaign against Iran will commit nearly its entire inventory of stealthy JASSM-ER cruise missiles, drawing them from stockpiles devoted to other regions. The order to pull the $1.5 million weapon from Pacific stockpiles was issued at the end of March, according to a person with direct knowledge of the matter. Missiles at U.S. facilities…
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Ukraine expects top U.S. envoys in Kyiv this month to reboot talks
Ukraine expects top envoys Steve Witkoff and Jared Kushner to lead a U.S. delegation to Kyiv this month, President Volodymyr Zelenskyy’s chief of staff said, as efforts to resume peace talks get underway. The team may arrive shortly after Orthodox Easter, which is celebrated on April 12, Kyrylo Budanov told Bloomberg. While special envoy Witkoff and Kushner, President Donald Trump’s son-in-law, have visited Russia multiple times for talks with…
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Iran-backed Houthis join war as more U.S. troops reach region
Houthi militants launched ballistic missiles at Israel on Saturday morning, marking their entry into the monthlong Iran war that has already caused chaos in energy markets and killed thousands of people. Some 3,500 sailors and Marines arrived in the region on an amphibious assault ship, according to the U.S. military. Israel continued bombing Iran overnight…
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Iran’s strike attempt on Diego Garcia reveals missile range
Iran launched ballistic missiles at the joint U.S.-U.K. military base in Diego Garcia on Friday, demonstrating a weapons capability that goes beyond what Tehran was known to have possessed. The base, a strategic airfield that can host B-2 stealth bombers located nearly 2,500 miles away from Iran, suffered no damage, according to a person familiar…
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India draws $52 billion from Amazon, Microsoft in tech expansion
Amazon.com Inc. and Microsoft Corp. are intensifying their India push with a combined $52 billion in fresh investment, underscoring the country’s rising status as a key growth market for artificial intelligence, cloud services and online retail. E-commerce giant Amazon on Friday boosted its India investment pledge to $35 billion through 2030, expanding its earlier commitment in one of its key overseas markets.…