Skip to main content

Crypto Financial

Bloomberg
Financial

Black Sea Impasse Adds to Global Economic Damage

The impasse in the Black Sea following a summer escalation in Russia's war with Ukraine is compounding the economic damage from the conflict in the Middle East by threatening to drive inflation even higher. Connecting Europe and Asia, the Black Sea is a critical conduit for global crop shipments to some of the world's most populous nations. Bloomberg's Pyotr Kozlov reports.

Read more: Black Sea Impasse Adds to Global Economic Damage
Bloomberg
Financial

US, China Hold AI, Trade Talks Ahead of Trump-Xi Summit

US Treasury Secretary Scott Bessent, speaking after hours of talks with China's Vice Premier He Lifeng and other officials, said the two sides agreed to set up a dialogue on AI aimed at reaching a common understanding on goals and threats. Bessent's comments on "very successful" talks on AI, trade and investment with his Chinese counterparts came ahead of this week's summit between presidents Donald Trump and Xi Jinping.

Read more: US, China Hold AI, Trade Talks Ahead of Trump-Xi Summit
Bloomberg
Financial

Trump & Xi to Meet Amidst Friction on Wars, Tech, Trade

US President Donald Trump and Chinese President Xi Jinping prepare to meet in Washington with technological supremacy and unresolved economic friction at the top of the agenda. Ahead of an approaching trade truce deadline, discussions are likely to center on artificial intelligence competition, semiconductor export policy, and potential Chinese EV manufacturing in the US. Against the backdrop of ongoing tariff debates and geopolitical tensions over Taiwan and Iran, Bloomberg's Stephen Engle previews what is at stake for both economies.

Read more: Trump & Xi to Meet Amidst Friction on Wars, Tech, Trade
Bloomberg
Financial

Pimco Likes Rates Where They Are, CEO Roman Says

Pimco CEO Emmanuel Roman says, "the moment that we get to a better outcome in the Middle East, you'll see a release of the bond market and rates to go down." Roman also sees inflation and the inflation shock as "somehow transitory" in relation to what's happening in the Middle East. He speaks with David Gura at the 2026 Qatar Economic Forum, UNGA Special Edition; Powered by Bloomberg.

Read more: Pimco Likes Rates Where They Are, CEO Roman Says