Israel Strikes Lebanon; Trump Reduces US-South Korea Drills | Daybreak Europe 8/17/2026

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Lebanon saw its deadliest day

Trump cites his "very good relationship" with North Korea's leader in deciding to downsize the exercises.

US President Donald Trump said Sunday that he has instructed the Pentagon chief to "substantially" reduce joint South Korea-US military exercises, noting that those exercises are not only "costly" but also send a "totally inappropriate and hostile" signal to North Korea. Trump made the remarks in a social media post as

US president says he's 'not happy' about the drills, citing his 'very good relationship' with North Korea's Kim Jong Un.