Iran has denied that a deal to end the war with the US is imminent, after US officials said they were closing in on a deal. Secretary of State Marco Rubio said an agreement could come as soon as Monday, but Iran’s Foreign Ministry Spokesman Esmail Baghaei said “It is true that a consensus was reached on many of the topics discussed, but no one can claim that the signing of an agreement is imminent.”
Turkish police entered the headquarters of the main opposition CHP party following a court decision last week, that removed Ozgur Ozel as its leader. The move deepens a political crisis that saw a market selloff last week.
And Huawei says it’s made a breakthrough in making advanced semiconductors without cutting-edge equipment, potentially reducing the gap with industry leader TSMC.
Today’s guests: Marco Valli, UniCredit, Chief European Economist & Alex Karnal, Braidwell, Co-Founder and CIO.
Chapters:
00:00:00 – The Pulse with Francine Lacqua – 5/25/2026
00:00:41 – US Inches Toward Iran Deal
00:03:49 – Energy Shock Reopens Transatlantic Gap
00:12:18 – Turkish Police Raid Opposition Offices
00:15:44 – Bank of Estonia President Madis Muller
00:19:35 – Real Yields Signal Pressures Beyond War
00:24:32 – Huawei Touts Chipmaking Breakthrough
00:28:09 – Braidwell Co-Founder & CIO Alex Karnal
00:37:15 – Exclusive: Rolls-Royce CEO Tufan Erginbilgiç
00:44:00 – Ebola Spreads Across Congo
——–
More on Bloomberg Television and Markets
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