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Bloomberg

UK Minister Stands By Defense Funding as Healey Resigns

UK Business Secretary Peter Kyle reacts to the resignation of Defense Secretary John Healey from Prime Minister Keir Starmer's cabinet. Healey cited the constraints placed on his long-delayed defense investment plan by the chancellor of the exchequer. "All I can say is that we are in a moment in time when we are investing enormously into our defense," Kyle says in an interview with Bloomberg's Lizzy Burden at the Founders Forum event, outside London. "I don't know the circumstances of John's resignation, because I've just heard it the same time you've read it out there."

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Bloomberg

Former US Defense Secretary Austin Doesn't Think China Will Take Taiwan by Force

Former US Defense Secretary Lloyd Austin talks about the war in Iran, a possible peace deal, the importance of NATO and how a battle over Taiwan between the US and China could impact the global economy. He speaks to Bloomberg's London Bureau Chief Ruth David at the HSBC Gulf Cooperation Council Exchanges Conference in London.

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Bloomberg

Jeff Aronson Doesn't See a US Recession Coming Anytime Soon

Centerbridge Co-Founder Jeff Aronson says the US economy is "in reasonably good shape" and that he doesn't see a recession happening anytime soon. He also discusses the ripple effects war in the Middle East could have on markets if it persists, as well as his views on prediction markets. Aronson sits down with David Rubenstein for the premiere episode of Bloomberg Wealth Season 6. This interview was recorded April 28 in New York.

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