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Iran Security Shake-up; China Attempts to Close AI Gap with US | The Pulse 8/10/2026
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August 10, 2026
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48:52Now PlayingIran promoted a hard-line ex-commander as its top security official, shaking up its highest decision-making body on national defense after saying it was “very close” to a deal with Oman over shipping through the Strait of Hormuz. While Tehran ruled out direct talks with the US, President Trump says Washington is "semi-negotiating" and can wait for Iran's economic suffering to soften its stance.
Stocks traded near record highs after weak US jobs data curbed bets on Federal Reserve interest-rate hikes. Stocks and bonds got a boost as Friday’s soft US jobs print eased concerns about an imminent rate increase from the Fed.
China is attempting to close the gap in the AI race with the US by tapping its $28-trillion capital markets.
In recent months regulators have fast-tracked IPOs for strategic companies and opened more avenues to raise money through bond sales. According to data compiled by Bloomberg, Chinese tech firms raised about $217 billion through initial public offerings and bond sales over the past two years.
Today's guests: Jennifer McKeown, Capital Economics Chief Global Economist; Francesca Ghiretti, RAND Director of the Europe China Initiative; Robert Friedland, Sunrise Energy Metals Chairman, Ivanhoe Electric Board of Directors Executive Chairman and I-Pulse Chairman & CEO.
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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