March 22, 2025: Pope to Leave Hospital, Duffy Targets Hochul & NYC Subway, More - podcast episode cover

March 22, 2025: Pope to Leave Hospital, Duffy Targets Hochul & NYC Subway, More

Mar 23, 20255 min
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Speaker 1

News when you want it with Bloomberg News. Now, I'm in kleggi, Doctor SA. Pope Francis will be released from the hospital Sunday after thirty eight days battling a life threatening case of pneumonia in both lungs. Gimelli Medical Director doctor Sergio Alfieri said Saturday the Francis will require at least two months of rest and rehabilitation as he continues

recovering back at the Vatican. Transportation Secretary Sean Duffy intensified the Trump administration's criticism of New York City subway systems Saturday, accusing Governor Kathy Hokel of neglecting safety and homelessness issues in the transit system. Some law enforcement in kick out homeless, give her to the drugs. If you want people to take the train, take transit, then make it safe, make it clean, make it beautiful, make it wonderful.

Speaker 2

Don't make it all, which is what she's done.

Speaker 1

The remarks came days after Duffy sent a letter to Metropolitan Transportation Authority CEO and Chairman Geno liber requesting detailed information on crime, fair evasion, and how the agency plans to improve safety. The MTA has until March thirty first to respond, with Duffy warning that a failure to do so could lead to a withdrawal of federal funding. Turkey impost travel restrictions on Istumbul, the country's largest city, to curb the spread of anti government protests sparked by the

detention of a prominent opposition politician. Authorities also extended a ban on demonstrations after hundreds of thousands of people across Turkey took to the streets to call for the release of Ekram Imamolu, the mayor of Istumbul and President Recep tayib Ergudan's most popular rival. Istanbul's governor said Saturday evening that people who are suspected to be on their way to rallies will not be allowed to enter or leave

the city. The governor also announced that the Bannon protests, which were set to expire Sunday, will instead continue through March twenty seventh. Markets have been unnerved by the developments, and Turkish assets posted some of the world's biggest declines after Imamulu's detention. London Seathrow Airport is open and fully operational after a day long blackout that canceled are diverted

over thirtyeen teen hundred flights. Utility provider National Grid UK says power has been restored to all those affected by the outage at the North Hide substation. The financial fallout of the closure of one of the world's busiest airports is estimated to be between eighty million and one hundred million dollars. The human fallout continues as well. Traveler Laura Fritzchke just wants to go home.

Speaker 3

I'm very frustrated. I'm very frustrated and I'm wanting to have a great time with my family. And so with the passing of my father, that fit in from it and now it's just it's not returnable because a young un how to get home.

Speaker 1

Israel responded to rocket fire from southern Lebanon as a fragile four month truce with Hens Blaus showed new signs of strain, even as the Iran Bank group denied involvement to the Israel Defense Forces said it was striking Hensbell

of positions, including a command side in rocket launchers. On Saturday, after Prime Minister Benjamin Netanyahu instructed the military to attack dozens of terror targets Lebanese local media citing civil to fan personnel reported for dead, including a child, and at least twelve injured in the town of tulin Net. Yahoo and Defense Minister Israel Katz ordered a second wave of

strikes against Hesbala targets on Saturday evening. The IDEF confirmed a few minutes later that fighter jets were currently striking targets in Lebanon. According to a top Venezuelan official, deportation flights on the US will resume on Sunday after an agreement was reached between the two governments. Head negotiator Jorgete Rodriguez set in a post shared on social media that migrating is not a crime and will not rest until we achieve the return of all those who require it.

He did indicate the first flight will be March twenty third. The announcement comes as President Trump's administration is poised to allow Chevron to continue operating in Venezuela for at least another thirty days, beyond a deadline imposed earlier this month. The company had faced a deadline for wrapping up operations there on April third. Sources tell Bloomberg clear Lake Capitol

Group is nearing an acquisition of Doune in Bradstreet. We get more in this story from Bloomberg's Charlie Pellett.

Speaker 2

It's a deal that would value one of Walls Street's oldest data and analytics providers at about four billion dollars. The sources say. The private equity firm is an advanced talks to pay about nine dollars a share for the Jacksonville, Florida based company, and a deal could be announced as soon as next week. Dun And Brandt Street has attracted interest from other private equity firms. Bloomberg News reported in February that Veritas Capital Fund Management was discussing a potential

deal for the company. Dun And Brandt Street up by two point eight percent in New York. Charlie Pellett Bloomberg Radio.

Speaker 1

That's news when you want it with Bloomberg News. Now I'm in Kaleggy.

Speaker 2

This is Bloomberg

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