Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Iran has given the US a new proposal to reopen the Strait of Hormuz and end the war that includes postponing nuclear negotiations, Axios reported, citing a US official and two people with knowledge of the matter.

(2) The man accused of storming the White House Correspondents’ Dinner spent years quietly acquiring his arsenal, purchasing a shotgun from a Torrance, California, firearms dealer eight months before the attack and a semi-automatic pistol two years earlier, according to a law enforcement intelligence profile reviewed by Bloomberg.

(3) Senator Thom Tillis said he’s dropping his blockade of Kevin Warsh’s nomination to head the Federal Reserve, saying the Justice Department’s decision to end a criminal probe targeting Fed Chair Jerome Powell removed a threat to the central bank’s independence.

(4) Policymakers in the US and across the Group of Seven will probably keep interest rates steady this week while watching nervously for signs of higher energy costs fanning inflation.

(5) China’s commerce ministry criticized EU over its discriminatory measures on foreign investment in EVs, batteries, solar and critical raw materials by creating investment barriers, according to a government statement.

(6) Germany sounded out European lenders to defend Commerzbank against UniCredit’s takeover bid earlier this year, according to people familiar with the matter.

(7) To say the special relationship is going through a rough patch ahead of King Charles III’s visit would be an exercise in British understatement.

Podcast Conversation: Adidas Gets Running Lift in London From Two Sub-2 Hour Marathons

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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.

• In the US – we preview the Federal Reserve's rate decision and big tech earnings
• In the UK – we look ahead to the Bank of England's upcoming rate decision
• In Asia – we discuss the Golden Week holiday in Japan

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Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Oil rose for a fifth day as concerns grew that the US and Iran were making little progress toward resuming talks on de-escalation, keeping the Strait of Hormuz effectively closed.

(2) President Donald Trump said Israel and Lebanon will extend their ceasefire by three weeks, a move that creates space to work on a long-term deal and removes a roadblock to ending the US war with Iran.

(3) The European Union warned member states that efforts to strengthen safeguards in the bloc’s trade agreement with the US may cause the deal to unravel.

(4) European Union leaders signaled that preliminary conditions are in place for Ukraine to begin the first stage of the membership process, a boost for Ukrainian President Volodymyr Zelenskiy’s efforts to join the bloc.

(5) Meta Platforms Inc. and Microsoft Corp. are planning cuts or announcing buyouts that could affect as many as 23,000 jobs, part of an effort to streamline operations and offset heavy spending on artificial intelligence.

Podcast Conversation: US Soldier Charged With Using Classified Data to Bet on Maduro

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