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Podcast: Bloomberg Daybreak: Europe Edition
Episode: Musk's Starlink Black Market Problem & Traders Bet BOE Cuts First
Description: Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A Bloomberg News investigation identified wide-spanning examples of Starlink kits being traded and activated illegally. How they are smuggled and the sheer availability of Starlink on the black market suggests that its misuse is a systemic global problem, raising questions about the company’s control of a system with clear national security dimensions. (2) Traders are betting the Bank of England could beat its European and US peers to interest-rate cuts, a turnaround from expectations it would be a laggard in...