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Bloomberg Television · Defiant UK Prime Minister Starmer Tells Cabinet He's Staying | The Pulse 05/12/2026
- 1. UK Prime Minister Keir Starmer faces growing pressure to resign from over 70 Labour MPs.
- 2. Political turmoil in the UK has driven gilt yields to 1998 highs and weakened the pound.
- 3. President Trump stated a ceasefire with Iran is on "massive life support," yet diplomacy is possible.
- 4. AI-related spending requires massive funding, driving corporates to diversify beyond U.S. markets.
- 5. Global trade is experiencing "re-globalization," not deglobalization, with shifting trade flows.