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
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