Bloomberg News and Videos — Page 266

Ethiopian Prime Minister Abiy Ahmed has secured another term in office after his Prosperity Party won a landslide victory in parliamentary elections.  Bloomberg's Chief Africa Correspondent Jennifer Zabasajja explains the result gives the Ethiopian leader a fresh mandate to pursue economic reforms, but he faces a daunting list of challenges.

Allies of Keir Starmer expect him to set out a timetable for his departure as UK prime minister imminently. A statement from Starmer ceding power could come as soon as Monday, people familiar with the matter said, although they cautioned that was not certain. The move could pave the way for Andy Burnham to replace him and it would put Britain on a course for its seventh premier in a decade. Bloomberg's Joe Mayes reports from Downing Street.

Mediators say US and Iran have made 'encouraging progress' in talks on a peace deal as technical-level discussions continue. Hasan Alhasan, Senior Fellow for Middle East Policy at the International Institute for Strategic Studies spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on US-Gulf relations going forward.

Saudi Arabia's pullback on spending is rippling through the consultancy industry. Boston Consulting Group, instrumental in helping develop plans to overhaul the Saudi economy, is one of the firms most affected as the PIF reassesses spending on some of its mega project ambitions. Bloomberg's Omar El Chmouri reports.

Precious Shipping MD Khalid Hashim says limited new vessel supply, combined with the resilience of older tonnage, is setting the stage for sustained strength in freight rates. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

Former Italian Prime Minister and IE School of Politics, Economics & Global Affairs Dean Enrico Letta, underscores the urgency of European unity in the face of Donald Trump's presidency. Letta argues that only a cohesive and determined Europe can safeguard its interests and values in a shifting global landscape. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

Johanna Chua of Citigroup Global Markets discusses the outlook for monetary policy and energy prices.

On Father's Day, Kevin Maguire, author of "The New Fatherhood," joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the evolving role of fathers and the shortcomings of current fatherhood literature. Maguire emphasized that existing parenting books often reinforce outdated gender roles, leaving many contemporary dads without relevant guidance.

This summer the FDA will consider loosening restrictions on certain peptide injections, with encouragement from RFK Jr. and the Trump administration. Bloomberg Businessweek senior reporter Amanda Mull explains to hosts David Gura and Christina Ruffini how peptides are popular among wellness enthusiasts and biohackers, who claim they offer benefits ranging from treating tendonitis to enhancing tanning.

The New York primary election is scheduled for Tuesday, with numerous significant seats contested. Early voting began on June 13, and as of the morning of the broadcast, over 135,000 early check-ins have been recorded according to Vote NYC. Politico New York state politics reporter Jason Beeferman comes on Bloomberg This Weekend to provide insight into the key races and what viewers should watch for in this important primary election.