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Bloomberg

OPEC+, Aviations Execs Address Iran War Impact at Duel Conferences

The seven countries of OPEC+ hold their monthly meeting while airline executives gather for their annual conference, both covering the impact of the ongoing conflict in the Middle East. Co-Host of Bloomberg Surveillance Lisa Abramowicz and Bloomberg News Middle East Correspondent Abeer Abu Omar join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the information that has come from these two events.

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Bloomberg

Is the Caribbean the Next Space Race Battleground?

The rapid growth of satellite networks is creating a global race to build the infrastructure needed to get them into orbit. Launch on Demand founder Burton Catledge is developing what could become the first US-owned commercial spaceport in Latin America, betting that demand for launch capacity will surge as the number of satellites in orbit expands dramatically over the coming decade. McKinsey aerospace expert Ryan Burkardt says existing launch infrastructure is already strained. CSIS aerospace specialist Kari Bingen sees more than just demand driving the opportunity: space could become a new frontier of geopolitical competition as China expands its footprint across Latin America.

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Bloomberg

War in Iran Approaches 100 Day Mark

American forces headed off Iranian missile and drone attacks in the Persian Gulf as the war that began nearly 100 days ago continued to simmer with no resolution in the offing. Six ballistic missiles fired at Bahrain and Kuwait "were intercepted and a seventh did not reach its intended target," US Central Command said in a statement on X late Friday. Bloomberg News Congressional Reporter Steven Dennis joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

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Bloomberg

Strong U.S. Jobs Report Lowers Recession Risks Despite Wage Growth Lagging Inflation

Gene Sperling, President of Sperling Economic Strategies and former director of the National Economic Council, discussed the recent U.S. jobs report, highlighting that the headline numbers were stronger than expected and suggest a low likelihood of recession despite ongoing geopolitical and economic challenges. He noted that while job creation appears broad-based, some gains such as the 70,000 hospitality jobs may be influenced by seasonal factors like World Cup-related hiring. He speaks with Romaine Bostick and Katie Greifeld on "The Close."

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