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Brent oil could extend declines to $60 a barrel by year-end as disruptions in the Strait of Hormuz ease, according to Citigroup Inc., adding to a chorus of bearish outlooks for the global crude market.
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German data in the coming week showing the cumulative impact of the Iran war will set the stage for the government’s latest bid to awaken animal spirits in Europe’s biggest economy.
Venezuela‘s official death toll from last week’s twin earthquakes rose to almost 3,000 on Saturday.
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Rutgers University Professor Emeritus of American Studies Robert Snyder, Retired Navy Vice Admiral Kevin Donegan, Award-Winning Documentary Filmmaker and Executive Producer & Director “The American Revolution” Ken Burns, The New York Times Wirecutter Staff Writer Kathleen Squires, Intrepid Museum President Susan Marenoff-Zausner, Theodore Roosevelt Presidential Library Director Robbie Lauf, Rutgers Eagleton Center for Public Interest Polling Ashley Koning, Puck Washington Writer Abby Livingston, NYU’s Clive Davis Institute Adjunct Professor Brittney Spanos, Retired Army Lt. Gen. and USO CEO Michael Linnington, Pyrotecnico CEO Stephen Vitale, Alliance for Coney Island Executive Director Daniel Murphy and Governor Wes Moore. (Source: Bloomberg)
Retired US Army Colonel Wayne Sanders joins Bloomberg This Weekend during the 4th of July Naval Review and tall ships parade, 'Sail4th 250' taking place in the Hudson River. Col. Sanders explains to David Gura and Christina Ruffini how this show on the Hudson underscores US military capabilities in stealth and surveillance. (Source: Bloomberg)
Credit measures introduced by President Luiz Inácio Lula da Silva’s government do not undermine monetary policy, Finance Minister Dario Durigan said in an interview with local news website G1 published on Saturday.
Maryland Gov. Wes Moore said patriotism should unite rather than divide Americans, arguing that service and sacrifice—not politics—define love of country and remain essential to fulfilling the nation's founding promise. While speaking with Bloomberg This Weekend hosts David Gura and Christina Ruffini Moore also urged leaders to focus on delivering tangible results on affordability, education and economic opportunity, saying voters are looking for action over ideology. (Source: Bloomberg)
