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Bloomberg

Cuban Envoy: No One Can Tell Us What We Can Do

In a wide-ranging exclusive conversation with Bloomberg This Weekend's David Gura, Cuba's ambassador to the United Nations, Ernesto Soberón Guzmán, says his country will not remove Cuban President Miguel Diaz-Canel in order to appease the US. Watch the full conversation on 'Bloomberg This Weekend.' We're LIVE every Saturday and Sunday morning.

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Bloomberg

Conflicting Signals on Timeline and Strategy in Persian Gulf

As thousands of troops head to the Middle East, US President Trumps claims US is "considering winding down" the war. Council on Foreign Relations Senior Fellow, Elisa Ewers, and the Heritage Foundation's Senior Research Fellow, Steve Yates, discuss the conflicting signals with Bloomberg's David Gura and Christina Ruffini. Watch the full conversation on 'Bloomberg This Weekend.'

Read more: Conflicting Signals on Timeline and Strategy in Persian Gulf
Bloomberg

Diesel Costs Become New Worry as Gallon Surpasses $5

The average price for a gallon of diesel in the US blew past $5 this week for only the second time in history. (Russia's 2022 invasion of Ukraine marked the fuel's first foray into previously unfathomable territory.) Although most consumers are far more concerned with the price of gasoline, it's the even sharper increase in diesel that has businesses on alert. That's because it powers nearly every industry, from the tractors plowing the fields to the machinery erecting buildings to the semitrucks, trains and buses that transport goods and people coast-to-coast. Diesel is the trucking industry's second-largest expense, after driver pay, accounting for about a fifth of operating costs, according to Bob Costello, chief economist at American Trucking Associations. Bloomberg News Oil Reporter Nathan Risser joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

Read more: Diesel Costs Become New Worry as Gallon Surpasses $5
Bloomberg

Kalshi Banned From Operating in Nevada for Now by Judge

Kalshi was temporarily barred by a judge from offering its prediction market contracts in Nevada, after state regulators said the company didn't have a gaming license. District Court Judge Jason D. Woodbury in Carson City signed a temporary restraining order Friday blocking Kalshi event contracts for sports, election and entertainment for as long as two weeks, according to a copy of the order provided by the Nevada Gaming Control Board. A spokesperson for Kalshi declined to comment. Ian McGinley, Partney at Sidley Austin and former Director of Enforcement at the Commodity Futures Trading Commission, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

Read more: Kalshi Banned From Operating in Nevada for Now by Judge