Venezuela Weighs OPEC Exit; France Just Dodges Recession | The Pulse 8/28/2026

US stocks and Treasuries drifted ahead of Federal Reserve Chair Kevin Warsh’s address at Jackson Hole, with traders looking for clarity on his economic outlook and strategy for bringing inflation back to target. Bloomberg has learnt Venezuela is considering whether it should quit OPEC, potentially delivering a fresh blow to the oil cartel it helped create more than six decades ago. France’s economy unexpectedly failed to grow in the first half, only narrowly avoiding recession and undermining the government’s effort to get a grip on public finances. Today's guests: Paul Hollingsworth, BNP Paribas Markets 360 Head of Developed Markets Economics; Rajeeb Hazra, Quantinuum CEO; Rajaa Mekouar, Capnor Special Advisor to the CEO -- "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. Chapters: 00:00:00 - The Pulse Begins, Markets Await Kevin Warsh at Jackson Hole 00:01:47 - Fed Outlook & Inflation Risks 00:02:32 - Paul Hollingsworth, BNP Paribas Markets 360 Head of Developed Markets Economics, on Fed Rate Hikes, 00:08:08 - French Election & Debt Concerns 00:10:54 - Paul Hollingsworth, BNP Paribas Markets 360 Head of Developed Markets Economics, on European Inflation & ECB Rate Outlook 00:17:36 - Oil Flows Recover Through Strait of Hormuz 00:19:10 - Why Natural Gas Prices Are Rising, Could Venezuela Leave OPEC? 00:21:07 - US-Canada Trade Tensions 00:21:27 - Nvidia's Huge Post-Earnings Rally, Anthropic Wins Legal Challenge 00:25:49 - What Markets Expect From Kevin Warsh 00:26:06 - European Inflation & Market Risks 00:29:26 - Quantinuum CEO Rajeeb Hazra on AI & Quantum, Quantum Computing & National Security, & UK Investment in Quantum Technology 00:38:34 - Meta Settlement & Social Media Age Limits, Could Europe Ban Social Media for Teens 00:42:14 - Rajaa Mekouar, Capnor Special Advisor to the CEO, on UK Budget & Attracting Global Investors, How the UK Can Attract Private Capital 00:49:05 - Jackson Hole Preview & Market Wrap -------- 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: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts