Andy Burnham Win Puts UK PM Under Pressure & US-Iran Talks Called Off | The Pulse 6/19/2026

UK Prime Minister Keir Starmer is facing fresh calls to resign, after potential leadership rival Andy Burnham comfortably won the special election in Greater Manchester, to return to parliament. His victory paves the way for him to challenge Starmer for the top job. The US Vice President JD Vance has postponed a trip to Switzerland, where face-to-face talks over Iran's nuclear program were meant to begin. The Swiss Foreign Ministry confirmed the postponement without giving a reason. A White House spokesperson cited logistical challenges for the delay. And Bloomberg has learnt that the US Commerce Secretary Howard Lutnick has expressed concern to ASML executives, that one of its top-of-the-line chipmaking machines may have made its way into China, in violation of US-led export restrictions. ASML has pushed back, saying it has never shipped an EUV machine to China. Today's guests: Mark Haefele, UBS Global Wealth Management, CIO; Laurel Rapp, Chatham House, US and North America Programme Director; Jane Green, University of Oxford, Politics Professor. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:01:56 - Andy Burnham wins UK's Makerfield special election 00:06:02 - Vance delays Swiss trip for Iran talks 00:07:53 - Mark Haefele, UBS Global Wealth Management, CIO 00:16:59 - Supertankers ready to pass through Hormuz 00:18:45 - Laurel Rapp, Chatham House, US and North America Programme Director 00:25:10 - Friday headlines 00:25:41 - US concerned China may have ASML top chip tool 00:29:39 - EU's Virkkunen: EU has AI legislation 00:32:48 - EU's Costa defends Putin back channel 00:38:02 - Tracking the costs of a chocolate croissant 00:42:30 - Jane Green, University of Oxford, Politics Professor -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts