French PM Given 48 Hours to Negotiate as Macron Tries to Stave Off Crisis | The Pulse 10/7

Just over 24 hours after resigning, the French Prime Minister Sebastien Lecornu remains in office, having been asked by President Emmanuel Macron to continue negotiating with the opposition for 48 hours, in an effort to agree a budget. Macron has bought himself time to work out his next steps, which could include fresh legislative elections. French bonds extended their losses as the uncertainty continues.

In the US, President Trump opened the door to negotiations on health care with the Democrats, on condition that the government shutdown ends. Donald Trump also announced that 25% tariffs on medium and heavy duty trucks will kick from November 1.

Today’s guests: David Zahn, Franklin Templeton; Noor Sweid, Global Ventures; Conni Jonsson & Jean Eric Salata, EQT; Vishal Marria, Quantexa.

Chapters:
00:00:00 – The Pulse
00:01:23 – Macron, French Government Crisis
00:03:36 – France Vs Germany 10Y Spread
00:05:14 – Trump Eyes Health Care Talks with Democrats
00:07:49 – Franklin Templeton’s David Zahn
00:14:45 – OpenAI: 2025 is the Year of AI Agents
00:16:29 – JPMorgan Tech Stars Conference
00:17:31 – UAE Has Become Innovation Hub: Noor Sweid
00:24:53 – EQT’s New Leadership
00:35:21 – Mario Draghi on Political and Economic Risks
00:39:59 – US Deficit ‘Completely Irresponsible’: Ken Griffin
00:41:55 – Quantexa Founder & CEO Vishal Maria
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Written by Bloomberg Television