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Bloomberg
Financial

UK to Give Saudi Arabia Defensive Support to Counter Houthis

The UK has agreed to support Saudi Arabia's military in countering the Houthis, as the kingdom comes under frequent attack from the Iran-backed militants. Refueling of Saudi jets on missions that the UK considers defensive will begin in the coming days, and the operation is expected to last weeks. The decision represents one of Andy Burnham's first significant military decisions since becoming prime minister in July. Bloomberg's Stuart Livingstone-Wallace reports.

Leia mais: UK to Give Saudi Arabia Defensive Support to Counter Houthis
Bloomberg
Financial

Australia Bets on AI to Spur Economic Growth For Decades

Australia is betting on AI to drive economic growth over the next 40 years. The Treasury's Intergenerational Report says the technology is expected to help deliver its long term labor productivity target of 1.2% a year. It also estimates $150 billion could be spent on data centres by 2030. ANZ's Group Chief Economist, Richard Yetsenga, joins "Bloomberg: The Asia Trade" to discuss what this means for Australia's growth outlook.

Leia mais: Australia Bets on AI to Spur Economic Growth For Decades
Bloomberg
Financial

Vance Says 'More Work to Do,' Playing Defense in Senate Fight

Vice President JD Vance urged North Carolina voters to give Republicans more time to accomplish their agenda as the GOP is on the defensive in key states ahead of November's midterm election. Vance traveled to the battleground state on Monday in a bid to shore up support for Republican Senate candidate Michael Whatley, who polls show trailing Democratic former Governor Roy Cooper. The contest has morphed into an opportunity for Democrats to flip a crucial seat. Bill Faries, Bloomberg News Senior Editor, joins to discuss the state of voter sentiment with less than 45 days until US midterm elections.

Leia mais: Vance Says 'More Work to Do,' Playing Defense in Senate Fight