From Bloomberg Markets and Finance.

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
On today’s show, global stocks head for their worst week since April, with shares in Asia following the selloff on Wall St amid AI valuation concerns.
President Trump has called for a group of Democratic lawmakers to be put on trial and even face the death penalty after they released a video telling the military and intelligence community to disobey orders that would break the law.
Plus Ukraine’s President Zelenskiy has agreed to review the draft 28-point peace plan put forward by the US, even though it would grant key Russian demands, including handing over large chunks of Ukrainian territory.
Today’s guest: Matthew Desch, Iridium Communications, CEO.

Chapters:
00:00:00 – Daybreak Europe 11/21/2025
00:03:11 – Asian Tech Rout Resumes
00:05:35 – Wall Street Stunned As S&P Erases $2.7T
00:11:35 – Japan PM Unveils Large-Scale Fiscal Boost
00:18:35 – Zelenskiy Agrees To Work on US Draft Peace Plan
00:22:02 – US Sanctions on Russian Oil Take Effect
00:22:23 – UK Consumer Confidence Sinks as Tax Rises Loom
00:22:44 – UK To Fast Track Residency for High Earners
00:23:04 – Brexit Hit to UK Economy Double Official Estimates: Study
00:26:26 – Asian Stocks Set for Worst Week in 7 Months
00:29:34 – Veolia To Buy Clean Earth from Enviri for $3B Enterprise Value
00:31:19 – South Africa Says US Changed Mind on G20
00:34:35 – ASML Shares Fall 4.2% on Tradegate vs Amsterdam Close
00:35:25 – What Economists Got Wrong on Tariffs | Bloomberg Originals
00:39:03 – Global Surge in GPS Jamming Incidents
00:40:34 – Iridium’s CEO Spells Out Solution for Sire in GPS Jamming
00:43:38 – OpenAI Partners with Foxconn To Design Hardware
00:44:50 – Fed Governor Miran: Incumbent on US To Move Closer to Neutral
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