In a destabilizing reversal of foreign policy, President Donald Trump on Sunday appeared to say the U.S. will stand aside as Turkey’s military attacks America’s Kurdish allies in Syria. Even Republicans condemned the move as a win for terrorists and a defeat for U.S. credibility. Trump appeared to backpedal in the face of his own party’s fury, including the accusation from an ally that he was abandoning Syria to Russia and Iran. Trump tweeted he would somehow destroy Turkey’s economy if it did something that, in his “great and unmatched wisdom,” crossed some unspecified line. Trump’s decision to abandon the Kurds followed a call with Turkish President Recep Tayyip Erdogan. —Josh Petri Here are today’s top storiesTrump won a last-minute reprieve from a federal court order that forces his accountants to immediately hand over his tax filings. But he still must persuade an appeals court to reverse the ruling, which deemed Trump’s claims of immunity “repugnant” to the Constitution. Congress is moving forward with Trump’s impeachment investigation. A second whistle-blower has come forward with firsthand knowledge of the president’s contacts with Ukraine. Trump is making it abundantly clear that he intends to keep abusing his power to advance his personal interests, Michael R. Bloomberg writes in Bloomberg Opinion. Congress can’t, and shouldn’t, accept that, he writes. After their first nuclear discussions in eight months, North Korea and the U.S. can’t agree what’s on the table for negotiation. The NBA took decades to create a multibillion-dollar opportunity in China, Now a single, swiftly deleted tweet may have put it all in jeopardy. Chinese officials signaled they’re increasingly reluctant to agree to a broad trade deal with the U.S. ahead of negotiations this week. U.S. equities slumped. What’s Joe Weisenthal thinking about? The Bloomberg news director concedes that centrists aren’t considered cool in markets these days. But, Joe argues that the middle-of-the-road view, the one saying we’re in a mini-slowdown within a broader expansion, has a lot of merit. What you’ll need to know tomorrowWhat you’ll want to read tonight in PursuitsThe joy of smoked salmon, whitefish and herring has spread beyond New York’s Jewish population and its historic storefronts. Acme Smoked Fish produced 15 million pounds of the delicacy last year, distributing its wares to century-old family-owned shops and major retailers like Costco, Target and Wegmans. The Jewish High Holiday season—including Yom Kippur this week—aren’t necessarily the biggest sales events of the year. These days, everyone eats bagels and lox all year round. Like Bloomberg’s Evening Briefing? Subscribe to Bloomberg.com. You’ll get our unmatched global news coverage and two premium daily newsletters, The Bloomberg Open and The Bloomberg Close, and much, much more. See our limited-time introductory offer. Worried about making enough money? Getting that dream job? Take a moment to try the Bloomberg Work Wise career calculator and learn how your salary stacks up, and how much your dream job might pay. Download the Bloomberg app: It’s available for iOS and Android. Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more. |