Bloomberg Daybreak: Europe Edition

US-EU Digital Tax Threat, Venezuela Tanker Blockade, Kushner's Balkan Dreams

Dec 17, 2025
Oliver Crook, Bloomberg's Chief Europe correspondent, sheds light on the brewing US-EU trade tensions over digital taxes targeting American tech giants. He discusses potential retaliation strategies and the delicate balance of trade negotiations. Grace Akraja, covering the Western Balkans, reveals the complexities surrounding Jared Kushner's investment projects, including the fallout from the collapse of the Trump Tower Belgrade initiative. She also highlights ongoing developments with a luxury resort in Albania amidst corruption inquiries.
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INSIGHT

Venezuela Blockade Raises Oil Prices

  • President Trump announced a blockade of sanctioned oil tankers to and from Venezuela, escalating pressure on Maduro.
  • The move pushed Brent and WTI prices higher from multi-year lows amid regional military buildup concerns.
INSIGHT

Amazon-OpenAI Talks Could Reshape AI Hardware

  • Amazon is reportedly in early talks to invest $10 billion or more into OpenAI in exchange for chip access.
  • Such a deal could value OpenAI above $500 billion and reshape cloud and AI hardware competition.
INSIGHT

Labour Delivers Major Workers' Rights Overhaul

  • Britain's new Labour government passed a major workers' rights package expanding protections from day one of employment.
  • The bill delivers sick pay, parental leave and stronger union powers, marking a generational change in UK labor law.
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