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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration.
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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Picture a joint naval flotilla patrolling the Red Sea and Gulf, defusing an insidious threat to not just the Middle East, but the world. It's long overdue.
Let’s make a deal.
Source: Saudi Press Agency
While Americans are rightly focused on Russia’s invasion of Ukraine and the global challenge posed by China, we must not forget the insidious threat Iran poses to the Middle East and globally. This ranges from its sponsorship of Hezbollah, the best-armed terrorist organization in the world, to its support of Houthi rebels in Yemen, its continuing attempts to develop unauthorized nuclear weapons, and the recent swap of billions of dollars in sanctioned funds for five American hostages.
But two recent diplomatic initiatives may come together to help create a strong coalition against the rotten theocracy in Tehran. There are serious conversations about formal security pacts between the US and both Saudi Arabia and Israel. Any such double deal would also likely involve the Saudis recognizing Israel, a once-unthinkable breakthrough, and a similar security pact between the US and the United Arab Emirates.