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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: in Khalenki. AFP quoted Interior Minister Eskander Amomini as saying

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Speaker 1: the toll from death and injuries continued to climb after

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Speaker 1: a powerful explosion on Saturday and gulf of commercial port

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Speaker 1: in Iran on the street of Hormuz. At least fourteen

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Speaker 1: people died more than seven hundred and fifty people have

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Speaker 1: been injured. The blast, which was felt in nearby cities,

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Speaker 1: was triggered by an explosion of several cargo containers at

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Speaker 1: the Shahid Raji Port in the city of Bandara bas

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Speaker 1: The Associated Press cited a possible link to a recent

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Speaker 1: shipment of rocket fuel from China intended to replenish Iran's

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Speaker 1: missile stocks, which have been depleted by the country's attacks

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Speaker 1: on Israel in the course of its war with Hamas

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Speaker 1: and Gasa. Ukrainian President Volodimir Zelenski held the potential for

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Speaker 1: reliable and lasting peace after speaking with President Trumpet the

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Speaker 1: Vatican posting on Excelenski said, we discussed a lot one

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Speaker 1: on one, hoping for results on everything. We covered. Very

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Speaker 1: symbolic meeting that has potential to become historic if we

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Speaker 1: achieved joint results. The fifteen minute meeting took place just

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Speaker 1: before the funeral for Pope Francis, as Trump presses for

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Speaker 1: a peace deal between Ukraine and Russia to end the

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Speaker 1: longest European conflict since World War Two. Zelenski later talked

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Speaker 1: briefly about the meeting with Trump productive meeting.

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Speaker 2: I didn't want to go to a lot of details,

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Speaker 2: if it's possible, because the questions were sensitive questions. On

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Speaker 2: of course, totally it's about how to bring peace closer

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Speaker 2: and how was resultative positive Paris and London, and we

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Speaker 2: want to continue such meetings to bring peace to Upream.

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Speaker 1: The White House said Trump and Zelenski had a productive discussion,

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Speaker 1: while the White House called the discussion productive. Trump later

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Speaker 1: criticized the Russian president as a social media post, saying

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Speaker 1: Putin may be stalling to avoid ending the war and

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Speaker 1: suggesting further sanctions might be needed. The US and iron

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Speaker 1: reported signs of progress and talks in a deal over

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Speaker 1: Iran's nuclear program after what the Iranian and foreign minister

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Speaker 1: described as increasingly detailed discussions. A senior US Administration official

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Speaker 1: said the third round of talk since President Trump's return

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Speaker 1: to the White House was positive and productive, and the

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Speaker 1: two sides agreed to meet again soon. In Europe, Oman's

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Speaker 1: Foreign Minister Baddier Alubosati, whose country is facilitating the talk,

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Speaker 1: set in a post on X that core principles, objectives,

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Speaker 1: and technical concerns were all addressed in the latest discussions.

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Speaker 1: Investors have plenty to watch in the week ahead, with

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Speaker 1: a packed economic calendar and earnings from companies including Amazon, Apple,

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Speaker 1: and Meta. Bloomberg's Karen Moscow has more.

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Speaker 3: We'll be watching for reports on job openings, wholesale inventories,

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Speaker 3: and consumer confidence on Tuesday, as well as earnings from

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Speaker 3: General Motors. Wednesday, we hear from METTA and Microsoft, and

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Speaker 3: watch for reports on first quarter GDP, the PCE price

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Speaker 3: and nex in private payrolls. Thursday, its ISM manufacturing, and

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Speaker 3: the weekly report on initial jobless claims and earnings from

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Speaker 3: Amazon and Apple. And then Friday we'll get the April

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Speaker 3: jobs report as well as factory orders. Karen Moscow Bloomberg

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Speaker 3: Radio World.

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Speaker 1: Financial leaders attending the past week's International Monetary Fund meetings

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Speaker 1: have downplayed a new financial crisis akin to two thousand

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Speaker 1: and eight. Bloomberg's Vintie Dell Judai reports.

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Speaker 4: There's wall to wall uncertainty reflecting White House trade policy.

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Speaker 4: There's financial cushion too. The largest US banks added more

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Speaker 4: than one hundred and seventy billion dollars a capital over

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Speaker 4: the past three years, based on Bloomberg News reporting, European

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Speaker 4: banks also fattened up. Economic policymakers say the market resilience

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Speaker 4: in the past few turbulent weeks points to the benefits

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Speaker 4: of post two thousand and eight reforms. Privately, regulators have

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Speaker 4: marveled how well markets have endured. Vinydel Judeaie Bloomberg Radio.

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Speaker 1: Federal employee pension benefits could be reduced in a Republican

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Speaker 1: tax and spending package working its way through the US House.

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Speaker 1: We get more from Bloomberg's Denise Pellegrini.

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Speaker 5: The proposal, announced by House Oversight Committee and Government Reform

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Speaker 5: Committee Chairman James Comer, would increase premiums and lower benefits

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Speaker 5: by changing the formula the benefits are calculated by. It

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Speaker 5: could raise almost thirty one billion dollars over a decade

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Speaker 5: by increasing premium contributions for many federal and postal employees,

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Speaker 5: and save four point seventy five billion by changing the

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Speaker 5: way it calculates retiree benefits. The committee could vote on

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Speaker 5: the plan this coming week, and it's part of a

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Speaker 5: larger legislative agenda. Republicans hope to enact by August without

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Speaker 5: Democratic support. Denise Pelgridy Bloomberg Radio.

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Speaker 1: Live Golf is in Mexico City this week. Bryson to

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Speaker 1: Shambeau five hunderd for the day Saturday, thirteen under four.

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Speaker 1: The tournament heads into Sunday's final round with a one

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Speaker 1: shot lead. That's news when you want it with Bloomberg News. Now,

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Speaker 1: I made Kaleggiate.

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Speaker 4: This is Bloomberg