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    Home ยป Bloomberg Daybreak EU: Gulf AI Chips Frenzy, 5% Defense Spending, Milan’s ‘Svuota Londra’ Bet
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    Bloomberg Daybreak EU: Gulf AI Chips Frenzy, 5% Defense Spending, Milan’s ‘Svuota Londra’ Bet

    techgeekwireBy techgeekwireMay 21, 2025No Comments1 Min Read
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    Bloomberg Daybreak EU: Key Business News in 15 Minutes

    Listen to the latest Bloomberg Daybreak EU podcast for your morning business briefing. Today’s key topics include:

    1. The Trump administration is clearing the way for Persian Gulf allies to pursue AI ambitions, prompting major US tech companies to plan significant investments in the region.
    2. President Donald Trump and Saudi Crown Prince Mohammed bin Salman announced a $1 trillion commercial deal in Riyadh, though the figure has raised some eyebrows.
    3. Trump indicated he might accept a luxury jet from Qatar as a temporary Air Force One, sparking ethical concerns.
    4. Italy is emerging as a winner in attracting wealthy UK investors following the end of the UK’s non-dom tax regime.
    5. NATO allies are working on a deal to boost defense spending to 5% of economic output to meet Trump’s demands.
    6. The UK and EU are in intense negotiations over a common security pact, with the UK seeking access to European spending programs.
    Bloomberg Daybreak EU Podcast
    Bloomberg Daybreak EU Podcast

    The podcast covers these stories and more, providing the essential business news you need to start your day.

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