Australiavidtvbmbop

Zach Shore, Hermeus President joined Balance of Power to discuss their Quarterhorse Mk 2.1 and how it just achieved it first unmanned flight. He also discussed the future of warfare and how the industry is starting to diversify.

President Donald Trump says he's making a "final determination" on a preliminary deal to extend a ceasefire with Iran. Trump said Friday on Truth Social that he's holding meetings in the Situation Room. Former US Rep. Jane Harman, a Democrat from California, says Trump doesn't have many military options left. She is on "Balance of Power."

Bank of England Governor Andrew Bailey says that British banks are still locked out of using Anthropic PBC's powerful new AI tool. Speaking with Bloomberg's Stephanie Flanders at a central banking conference in Iceland, Bailey adds that banks are using other models to test their cyberdefenses.

Bank of England Governor Andrew Bailey discusses the emerging risks from frontier AI models, the recent concerns about the private credit market and the central bank's stablecoin proposals. He speaks with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.

Bank of England Governor Andrew Bailey comments on the recent concerns about the private credit market during an interview with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.

Clayton Seigle, senior fellow at the Center for Strategic and International Studies, said that now that Iran has seen the extent of the leverage the Strait of Hormuz holds over the oil market and the global economy, Tehran is unlikely to cede the new authority even if the US and Iran are able to reach a deal.

Fed's Musalem Says He Expects Warsh Will Consult, Try and Steer FOMC Alberto Musalem, St. Louis Federal Reserve president, said he expects new Federal Reserve Chair Kevin Warsh to consult with the full Federal Open Market Committee and then steer members to fulfill the Fed's dual mandate. Musalem, speaking to Stephanie Flanders at the Reykjavik economic conference, also said that while he is an AI optimist, it is a 'risky proposition' to rely on the possibility of productivity gains from AI to reduce inflation.

Democrat Representative from Wisconsin Mark Pocan said that he doesn't have faith in Secretary of Defense Pete Hegseth and that the department doesn't have a game plan when it comes to defense spending, after requesting a record defense budget request of $1.5 trillion. Pocan said that the administration also does not have a plan when it came to the long term implications of war with Iran.

Federal Reserve Bank of St. Louis President Alberto Musalem says he thought the easing bias was no longer consistent with the balance of economic risks at the FOMC's last meeting. He speaks with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.

Federal Reserve Bank of St. Louis President Alberto Musalem says the central bank is missing on the inflation side of its mandate during an interview with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.