From Bloomberg Markets and Finance.

President Trump says Russia will face consequences if Vladimir Putin does not agree to a ceasefire with Ukraine, as the two leaders prepare to meet in Alaska on Friday.
Treasury Secretary Scott Bessent makes his most explicit call yet for the Fed to begin a cycle of deep cuts to US interest rates.
Speaking to Bloomberg TV, Bessent said the current central bank leadership has been taking too much of an old-fashioned approach to monetary policy.
And Apple plots its AI comeback with an ambitious slate of new devices, including robots, a lifelike version of Siri, a smart speaker with a display and home-security cameras.

Today’s guests: Themis Themistocleous, EMEA CIO Office Head at UBS Global Wealth Management, Victoria Clarke, UK Chief Economist at Santander CIB, Peter Trubowitz, Professor of International Relations at the London School of Economics.

Chapters:
00:00:00 – The Pulse With Francine Lacqua
00:02:35 – Historic Trump-Putin Meeting Set for Alaska
00:09:41 – Themis Themistocleous, EMEA CIO Office Head at UBS Global Wealth Management
00:15:12 – Stocks Extend Record Run With Fed Cut in Focus
00:19:46 – UK Economy Grows Faster Than Expected in 2Q
00:23:06 – Victoria Clarke, UK Chief Economist at Santander CIB
00:25:37 – Trump Gets Tough With Putin
00:33:19 – Russia’s Oil Revenue Projected to Stagnate
00:34:43 – Peter Trubowitz, Professor of International Relations at the London School of Economics.
00:37:18 – Zelenskiy Says Ukraine Won’t Give up Donbas Region
00:44:16 – The Rise and Fall of Luxury in Music
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