WEBVTT - Trump, Musk and the big, beautiful break-up

0:00:01.280 --> 0:00:11.000
<v Speaker 1>From Schwartz Media. I'm Ruby Jones. This is seven Am.

0:00:11.039 --> 0:00:15.400
<v Speaker 1>Elon Musk and Donald Trump were once political partners, sharing praise,

0:00:15.600 --> 0:00:19.280
<v Speaker 1>power and ice cream parties. Now the pair have been

0:00:19.320 --> 0:00:22.639
<v Speaker 1>trading insults on their own social media networks. In what

0:00:22.760 --> 0:00:25.759
<v Speaker 1>started with Musk's opposition to the President's so called Big

0:00:25.800 --> 0:00:29.880
<v Speaker 1>Beautiful Bill that proposes extensive tax cuts, the feud has

0:00:29.880 --> 0:00:33.320
<v Speaker 1>spilled over into threats that could ground NASA missions and

0:00:33.440 --> 0:00:37.239
<v Speaker 1>blow holes in the US federal budget. Today, Tech and

0:00:37.360 --> 0:00:40.360
<v Speaker 1>power reporter for The Guardian, Nick Robins early on the

0:00:40.400 --> 0:00:43.760
<v Speaker 1>breakup and the dangers of handing critical services to a

0:00:43.760 --> 0:00:52.960
<v Speaker 1>single billionaire. It's Thursday, June twelfth.

0:00:58.160 --> 0:01:00.880
<v Speaker 2>It's sort of Trump derangement syndrome. I guess they call it,

0:01:00.920 --> 0:01:04.480
<v Speaker 2>but we have it with others. Do they leave and

0:01:04.520 --> 0:01:08.000
<v Speaker 2>they wake up in the morning and that Lammer's gone,

0:01:08.240 --> 0:01:11.959
<v Speaker 2>The whole world is different, and they become hustle. I

0:01:12.000 --> 0:01:13.640
<v Speaker 2>don't know what it is. Someday you're right.

0:01:13.560 --> 0:01:16.959
<v Speaker 1>About so, Nick, I thought we should begin at the

0:01:17.040 --> 0:01:22.120
<v Speaker 1>moment that you think that tensions in the relationship between

0:01:22.440 --> 0:01:26.400
<v Speaker 1>Elon Musk and President Trump first became evident.

0:01:27.120 --> 0:01:30.679
<v Speaker 3>Yeah, it's a bit tough to pinpoint an exact moment,

0:01:30.920 --> 0:01:36.119
<v Speaker 3>but they have been on good terms for a long time.

0:01:36.360 --> 0:01:38.960
<v Speaker 3>Even as he had a lot of conflict with other

0:01:39.040 --> 0:01:42.680
<v Speaker 3>members of the administration, it seemed like Trump would defend

0:01:42.760 --> 0:01:46.920
<v Speaker 3>him and that they would actually kind of keep going

0:01:47.240 --> 0:01:52.200
<v Speaker 3>with their happy friendship. But when things began to fray,

0:01:52.520 --> 0:01:55.960
<v Speaker 3>it seemed as if it was right around the time

0:01:56.200 --> 0:01:59.760
<v Speaker 3>that Musk was on his way out of the administration,

0:02:00.840 --> 0:02:04.920
<v Speaker 3>and there was a few things as he left that

0:02:05.720 --> 0:02:08.440
<v Speaker 3>seemed to start a rift between them.

0:02:08.880 --> 0:02:12.359
<v Speaker 4>President Trump, meanwhile, has withdrawn the nomination of Jared Isaacman

0:02:12.440 --> 0:02:15.120
<v Speaker 4>to be the next NASA administrator. A White House spokesperson

0:02:15.160 --> 0:02:18.079
<v Speaker 4>set a replacement will be announced soon and says the

0:02:18.120 --> 0:02:21.119
<v Speaker 4>next leader of NASA must quote be in complete alignment

0:02:21.160 --> 0:02:23.680
<v Speaker 4>with President Trump's America First agenda.

0:02:23.760 --> 0:02:27.920
<v Speaker 3>One of those things was that his preferred choice for

0:02:28.000 --> 0:02:34.120
<v Speaker 3>the new head of NASA was repealed, and behind the scenes,

0:02:34.160 --> 0:02:36.440
<v Speaker 3>that was something that Musk cared quite a bit about.

0:02:36.720 --> 0:02:41.200
<v Speaker 3>And then when things really got a little bit more

0:02:41.320 --> 0:02:47.399
<v Speaker 3>openly contentious, was the beginning of the spat over Trump's

0:02:47.400 --> 0:02:49.480
<v Speaker 3>Big Beautiful tax bill, as he calls it.

0:02:51.080 --> 0:02:54.560
<v Speaker 4>The tension is mounting over President Trump's Big beautiful bill, as.

0:02:54.520 --> 0:02:58.320
<v Speaker 1>Connor The bill, which would extend Trump's twenty seventeen tax cuts,

0:02:58.600 --> 0:03:02.480
<v Speaker 1>would balloon the deficit two point four trillion dollars over

0:03:02.520 --> 0:03:03.400
<v Speaker 1>the next decade.

0:03:03.720 --> 0:03:07.600
<v Speaker 2>The analysis elon. Musk continues slamming President Trump's budget bill.

0:03:07.880 --> 0:03:11.240
<v Speaker 4>Yesterday, he posted on x calling on members of Congress

0:03:11.280 --> 0:03:12.800
<v Speaker 4>to quote kill the bill.

0:03:14.000 --> 0:03:20.120
<v Speaker 3>The initial bust up came after Musk was giving an

0:03:20.120 --> 0:03:25.880
<v Speaker 3>interview with CBS News and he disparaged the tax bill essentially,

0:03:26.280 --> 0:03:28.079
<v Speaker 3>I think I think a bill can be can be

0:03:28.200 --> 0:03:29.840
<v Speaker 3>can be big, or it can be beautiful.

0:03:31.040 --> 0:03:34.040
<v Speaker 2>I don't know if it could be both my postal opinion.

0:03:34.240 --> 0:03:36.880
<v Speaker 3>He followed that up with some harsher words later calling

0:03:36.960 --> 0:03:42.280
<v Speaker 3>it I think an abomination, and that was the big

0:03:42.400 --> 0:03:47.000
<v Speaker 3>first salvo in this fight. Right after that, Trump was

0:03:48.080 --> 0:03:51.120
<v Speaker 3>having a meeting with the new German Chancellor and he

0:03:51.520 --> 0:03:56.400
<v Speaker 3>was asked about Musk's statements, and he hit back saying

0:03:56.560 --> 0:03:58.760
<v Speaker 3>that he was disappointed in Musk.

0:03:59.200 --> 0:04:01.960
<v Speaker 2>I'm very disapp I've helped ilan a lot.

0:04:04.200 --> 0:04:06.760
<v Speaker 3>He claimed that musk knew everything that was in the

0:04:06.800 --> 0:04:07.280
<v Speaker 3>bill or.

0:04:07.320 --> 0:04:09.320
<v Speaker 2>Everything about it. He had no problem with him. All

0:04:09.320 --> 0:04:11.280
<v Speaker 2>of a sudden, he had a problem, and he only

0:04:11.320 --> 0:04:13.280
<v Speaker 2>developed the problem when he found out that we're going

0:04:13.320 --> 0:04:15.760
<v Speaker 2>to have to cut the ev mentate because it's billions

0:04:15.800 --> 0:04:17.240
<v Speaker 2>and billions of dollars.

0:04:17.880 --> 0:04:22.560
<v Speaker 3>And that he was essentially committing an active betrayal by

0:04:23.279 --> 0:04:28.720
<v Speaker 3>criticizing what was in the bill and the bill's effect

0:04:28.800 --> 0:04:30.360
<v Speaker 3>on the national deficit.

0:04:31.160 --> 0:04:36.560
<v Speaker 1>And as things escalated, we had insults, but then we

0:04:36.640 --> 0:04:40.279
<v Speaker 1>heard actual threats as well, Trump suggesting that he could

0:04:40.440 --> 0:04:44.240
<v Speaker 1>cancel all of Musk's government contracts and subsidies. Can you

0:04:44.279 --> 0:04:45.480
<v Speaker 1>talk to me about that?

0:04:45.560 --> 0:04:50.440
<v Speaker 3>And Musk's response, Yeah. Initially everybody began paying attention because

0:04:51.000 --> 0:04:54.680
<v Speaker 3>they were really going after each other with extremely barbed insults.

0:04:54.720 --> 0:05:00.240
<v Speaker 3>There was Musk insinuating that Trump was affiliated with Free

0:05:00.279 --> 0:05:03.240
<v Speaker 3>Epstein to the point that he was in the Epstein files.

0:05:04.120 --> 0:05:07.799
<v Speaker 3>But it went from that sort of name calling into

0:05:07.839 --> 0:05:13.560
<v Speaker 3>those genuine threats of tangible reprisals. And then Trump fired

0:05:13.640 --> 0:05:18.039
<v Speaker 3>back by saying that he could cancel all of Musk's

0:05:18.080 --> 0:05:19.160
<v Speaker 3>government contracts.

0:05:19.600 --> 0:05:21.920
<v Speaker 2>Oh, we'll take a look at everything and everything. He's

0:05:21.920 --> 0:05:25.680
<v Speaker 2>got a lot of money. It's a lot of subsidy.

0:05:25.720 --> 0:05:28.159
<v Speaker 3>So we'll take a look at that, which would be

0:05:28.320 --> 0:05:31.719
<v Speaker 3>a huge deal for Musk. Musk has extensive contracts through

0:05:31.760 --> 0:05:37.159
<v Speaker 3>SpaceX and his various other companies, and to cancel those

0:05:37.240 --> 0:05:42.479
<v Speaker 3>would be just devastating for Musk's tech empire. Musk then

0:05:43.080 --> 0:05:48.680
<v Speaker 3>shot back by saying that he would decommission SpaceX's Dragon spacecraft,

0:05:49.120 --> 0:05:53.360
<v Speaker 3>which is an incredibly integral spacecraft for NASA and for

0:05:53.680 --> 0:05:58.400
<v Speaker 3>reaching the International Space Station. It would essentially disable the

0:05:58.520 --> 0:06:02.279
<v Speaker 3>US's immediate ability to get anything to and from the

0:06:02.440 --> 0:06:03.039
<v Speaker 3>space station.

0:06:03.920 --> 0:06:07.600
<v Speaker 1>He ended up walking that back, though, what does that

0:06:07.800 --> 0:06:09.080
<v Speaker 1>tell you, Well.

0:06:08.960 --> 0:06:10.960
<v Speaker 3>He did walk it back, and he actually walked it

0:06:11.040 --> 0:06:13.960
<v Speaker 3>back after not that long of a period of time.

0:06:14.920 --> 0:06:19.159
<v Speaker 3>It seems like that that is emblematic of the fact

0:06:19.200 --> 0:06:22.080
<v Speaker 3>that Musk has a lot to lose in this fight.

0:06:22.520 --> 0:06:26.320
<v Speaker 3>It seems like that they are in a period of

0:06:26.400 --> 0:06:30.000
<v Speaker 3>sort of mutually assured destruction in some ways, but in

0:06:30.040 --> 0:06:33.760
<v Speaker 3>other ways. Trump is still the president, He still has

0:06:34.480 --> 0:06:39.120
<v Speaker 3>enormous executive power, and Musk is very very intertwined with

0:06:39.160 --> 0:06:42.000
<v Speaker 3>the government and his businesses are very intertwined with the government.

0:06:44.480 --> 0:06:49.240
<v Speaker 3>After this dust up, Agan, you saw things like Tesla's

0:06:49.279 --> 0:06:55.040
<v Speaker 3>stock begin to plunge because investors thought, well, he's benefited

0:06:55.040 --> 0:06:59.000
<v Speaker 3>from this relationship, and if this goes south, then we

0:06:59.040 --> 0:07:03.040
<v Speaker 3>don't know what will happen. Maybe regulators will begin targeting

0:07:03.080 --> 0:07:07.120
<v Speaker 3>Tesla more. Maybe Tesla will no longer have sort of

0:07:07.360 --> 0:07:10.680
<v Speaker 3>a favorable pride of place in the White House the

0:07:10.680 --> 0:07:14.760
<v Speaker 3>way that Donald Trump was previously acting as a essentially

0:07:14.800 --> 0:07:17.120
<v Speaker 3>car salesman on the White House lawn for them. And

0:07:17.200 --> 0:07:22.640
<v Speaker 3>so I think that his walk back showed that perhaps

0:07:23.280 --> 0:07:27.200
<v Speaker 3>there was hesitation over following through threats that would be

0:07:27.680 --> 0:07:29.040
<v Speaker 3>damaging to his empire.

0:07:32.240 --> 0:07:35.240
<v Speaker 1>Trump, maybe the president, but Elon Musk could derail the

0:07:35.280 --> 0:07:47.360
<v Speaker 1>country's space program. That's after the break, Nick, can we

0:07:47.400 --> 0:07:51.400
<v Speaker 1>talk a bit more about just how interconnected Musk and

0:07:51.560 --> 0:07:55.400
<v Speaker 1>his business empire is with the US government. Tell me

0:07:55.440 --> 0:07:59.280
<v Speaker 1>about I suppose where the relationship starts and how large

0:07:59.320 --> 0:07:59.800
<v Speaker 1>it's become.

0:08:00.480 --> 0:08:03.040
<v Speaker 3>I think it's important to go back a little bit

0:08:03.120 --> 0:08:06.880
<v Speaker 3>before even all of his interconnected work with DOGE and

0:08:07.080 --> 0:08:10.720
<v Speaker 3>him becoming a senior advisor to Trump. You know, he

0:08:10.800 --> 0:08:16.280
<v Speaker 3>obviously donated three hundred million dollars to Trump's reelection campaign efforts.

0:08:16.880 --> 0:08:19.920
<v Speaker 3>But if you walk back further than that, he's been

0:08:19.960 --> 0:08:23.200
<v Speaker 3>intertwined with the government for a really long time, and

0:08:23.520 --> 0:08:26.480
<v Speaker 3>going back to around two thousand and six, two thousand

0:08:26.520 --> 0:08:32.360
<v Speaker 3>and eight, he was already integrating SpaceX into NASA through contracts.

0:08:32.559 --> 0:08:37.480
<v Speaker 3>Over the increased privatization of the US space program, especially

0:08:37.480 --> 0:08:42.360
<v Speaker 3>with SpaceX, he's become intertwined to the point where there

0:08:42.400 --> 0:08:47.960
<v Speaker 3>are now almost two decades later, fifteen billion dollars plus

0:08:48.000 --> 0:08:54.240
<v Speaker 3>in contracts later immense interconnectedness between NASA and SpaceX. SpaceX

0:08:54.320 --> 0:08:59.880
<v Speaker 3>is responsible for so much of NASA's operations and transport missions.

0:09:00.760 --> 0:09:05.920
<v Speaker 3>They're integral to future plans of moon landings and Musk's

0:09:05.960 --> 0:09:10.640
<v Speaker 3>favorite topic of reaching Mars. It's really a sort of

0:09:10.640 --> 0:09:14.600
<v Speaker 3>symbiotic relationship that has evolved, and the US has really

0:09:14.640 --> 0:09:18.520
<v Speaker 3>come to rely on Musk for a ton of different

0:09:19.400 --> 0:09:22.319
<v Speaker 3>satellite communications, space travel, etc.

0:09:22.559 --> 0:09:27.440
<v Speaker 1>Etc. So as these two men feud, then is there

0:09:27.600 --> 0:09:31.679
<v Speaker 1>a risk that the entire US space program could collapse?

0:09:31.920 --> 0:09:34.760
<v Speaker 3>I mean, if Musk was to follow through on threats

0:09:35.080 --> 0:09:39.640
<v Speaker 3>or if this really deteriorates, certainly significant portions of it,

0:09:39.679 --> 0:09:43.280
<v Speaker 3>and definitely plans for the future would really become at risk.

0:09:44.800 --> 0:09:48.680
<v Speaker 3>Had Musk, for instance, decommissioned that Dragon spacecraft, the US

0:09:48.760 --> 0:09:52.200
<v Speaker 3>just wouldn't have had any other immediate means of getting

0:09:52.200 --> 0:09:56.720
<v Speaker 3>to the International Space Station apart from essentially begging Russia

0:09:56.840 --> 0:10:01.720
<v Speaker 3>to help. It just wouldn't have been a a viable

0:10:01.800 --> 0:10:08.240
<v Speaker 3>situation for how NASA could still operate, and if Musk

0:10:08.440 --> 0:10:13.160
<v Speaker 3>was to hold hostage and threaten various other elements of

0:10:13.360 --> 0:10:18.880
<v Speaker 3>the space program, then it would yeah, derail major, major

0:10:18.960 --> 0:10:21.959
<v Speaker 3>plans for the future of space travel in the US.

0:10:22.480 --> 0:10:25.320
<v Speaker 1>It's interesting because, as you say, one way of looking

0:10:25.320 --> 0:10:27.400
<v Speaker 1>at this is to see Trump is the one who

0:10:27.400 --> 0:10:29.880
<v Speaker 1>holds the most power here as the president of the

0:10:29.960 --> 0:10:33.120
<v Speaker 1>United States, but has he in fact handed a lot

0:10:33.120 --> 0:10:35.680
<v Speaker 1>of that power over now to Musk. Yeah.

0:10:36.200 --> 0:10:38.040
<v Speaker 3>I think that some people that I have talked to

0:10:38.080 --> 0:10:44.640
<v Speaker 3>have described Musk, through Doge and through his company's work

0:10:44.720 --> 0:10:48.080
<v Speaker 3>with the government as just collecting an enormous amount of

0:10:48.120 --> 0:10:54.320
<v Speaker 3>state capture. And since he is running these businesses with

0:10:54.440 --> 0:10:57.840
<v Speaker 3>a certain kind of autocratic flair over what he decides

0:10:57.880 --> 0:11:01.400
<v Speaker 3>to do with them, it means that whenever there is

0:11:01.520 --> 0:11:06.520
<v Speaker 3>some major government program or major government desire to get

0:11:06.520 --> 0:11:11.439
<v Speaker 3>something done, that they are really reliant on his cooperation,

0:11:11.760 --> 0:11:14.880
<v Speaker 3>and that the contracts and the programs that he is

0:11:14.960 --> 0:11:19.040
<v Speaker 3>working on are extremely integral to the US view of

0:11:19.120 --> 0:11:23.400
<v Speaker 3>national defense of space travel of all sorts of services

0:11:23.480 --> 0:11:27.680
<v Speaker 3>that they have essentially privatized over the years to the

0:11:27.679 --> 0:11:31.760
<v Speaker 3>point where now there isn't an internal mechanism or there

0:11:31.800 --> 0:11:38.440
<v Speaker 3>isn't an internal national program that can meet the demand

0:11:38.760 --> 0:11:41.040
<v Speaker 3>and meet the ability of Musk's companies.

0:11:43.080 --> 0:11:46.280
<v Speaker 1>And it's not just US government contracts. You've written about

0:11:46.320 --> 0:11:49.959
<v Speaker 1>how Musk also has had influence on things, including the

0:11:50.040 --> 0:11:53.320
<v Speaker 1>Russia Ukraine War as a result of the infrastructure that

0:11:53.360 --> 0:11:57.280
<v Speaker 1>he owns. So how are governments globally grappling with how

0:11:57.320 --> 0:11:59.200
<v Speaker 1>to deal with the level of power that he holds.

0:11:59.760 --> 0:12:03.520
<v Speaker 3>Yeah, I think that there's been a tendency over the

0:12:03.520 --> 0:12:06.880
<v Speaker 3>past few years, and this is not just Musk, but

0:12:07.000 --> 0:12:10.880
<v Speaker 3>happens with a lot of different tech companies and billionaires.

0:12:11.600 --> 0:12:15.760
<v Speaker 3>They have developed an infrastructure that the whole world now

0:12:15.840 --> 0:12:18.880
<v Speaker 3>relies on, and you've seen that with Musk with his

0:12:19.000 --> 0:12:25.560
<v Speaker 3>Starlink satellite communications. Starlink is now by far the biggest

0:12:25.640 --> 0:12:31.319
<v Speaker 3>satellite communications private company in the world. They have expanded

0:12:31.360 --> 0:12:35.240
<v Speaker 3>and expanded and expanded, and they're being used all over

0:12:35.280 --> 0:12:38.920
<v Speaker 3>the place, but they're most notably being used in Ukraine

0:12:39.520 --> 0:12:44.680
<v Speaker 3>during the Russia Ukraine War, and in two thousand and three,

0:12:44.880 --> 0:12:49.880
<v Speaker 3>Musk essentially refuse to let Ukraine use Starlink in Crimea

0:12:50.000 --> 0:12:54.080
<v Speaker 3>to launch a surprise attack against Russian forces, and since

0:12:54.160 --> 0:12:58.560
<v Speaker 3>then governments have increasingly become aware of and concerned with

0:12:58.640 --> 0:13:03.040
<v Speaker 3>the way that Musk could influenced geopolitics, and so we're

0:13:03.040 --> 0:13:08.040
<v Speaker 3>seeing Europe kind of struggle to find other ways of

0:13:08.240 --> 0:13:12.560
<v Speaker 3>supplanting or providing alternatives to Starlink. There's a bit of

0:13:12.600 --> 0:13:17.280
<v Speaker 3>this scramble right now of governments thinking that if Musk

0:13:17.520 --> 0:13:23.640
<v Speaker 3>is going to be this irrational, erratic international actor, that

0:13:24.280 --> 0:13:26.880
<v Speaker 3>they need to have this sort of plan be in place,

0:13:27.000 --> 0:13:30.760
<v Speaker 3>otherwise they are at his whims and they are liable

0:13:30.880 --> 0:13:34.600
<v Speaker 3>to kind of face reprisals if they don't play by

0:13:34.640 --> 0:13:35.240
<v Speaker 3>his rules.

0:13:35.640 --> 0:13:38.200
<v Speaker 1>What do you think the future is then, of the

0:13:38.280 --> 0:13:41.160
<v Speaker 1>Trump Musk relationship. Do you think that there is any

0:13:41.200 --> 0:13:45.240
<v Speaker 1>sort of genuine friendship there or have we just seen

0:13:45.280 --> 0:13:50.199
<v Speaker 1>the end of what was a temporarily mutually beneficial relationship.

0:13:50.720 --> 0:13:54.600
<v Speaker 3>You know, it's tough to get in anyone's head, but

0:13:54.720 --> 0:13:58.120
<v Speaker 3>especially these two. I think that there are two people

0:13:58.120 --> 0:14:01.160
<v Speaker 3>who are not really known for having a lot of

0:14:01.640 --> 0:14:07.120
<v Speaker 3>close friends or you know, long term relationships that don't

0:14:07.800 --> 0:14:14.000
<v Speaker 3>blow up in dramatic ways. But for over a year

0:14:14.040 --> 0:14:18.480
<v Speaker 3>now they've spoken very effusively about how much they like

0:14:18.520 --> 0:14:22.440
<v Speaker 3>each other. Musk has talked about having ice cream parties

0:14:22.480 --> 0:14:27.200
<v Speaker 3>with Trump in the White House and like enjoying showing

0:14:27.240 --> 0:14:32.600
<v Speaker 3>him rockets, and Trump has called Musca genius and a patriot,

0:14:32.640 --> 0:14:36.040
<v Speaker 3>and it did seem like that for a while. In

0:14:36.080 --> 0:14:40.760
<v Speaker 3>addition to being a very politically mutually beneficial relationship and

0:14:40.800 --> 0:14:45.080
<v Speaker 3>financially mutually beneficial relationship, it was actually one with some

0:14:45.240 --> 0:14:50.480
<v Speaker 3>genuine affection. They're pretty unpredictable people. It's not out of

0:14:50.520 --> 0:14:53.720
<v Speaker 3>the question that six months from now they might be

0:14:54.080 --> 0:14:58.080
<v Speaker 3>sort of chummy again. But obviously there's just so many

0:14:58.160 --> 0:15:02.440
<v Speaker 3>other layers to this that it becomes difficult to predict

0:15:02.440 --> 0:15:03.200
<v Speaker 3>what's going to happen.

0:15:05.320 --> 0:15:07.760
<v Speaker 1>Well, Nick, thank you so much to be your time today.

0:15:08.480 --> 0:15:09.680
<v Speaker 3>Yeah, thank you for having me.

0:15:18.480 --> 0:15:22.120
<v Speaker 1>Also in the news today, Australia has joined the UK, Canada,

0:15:22.200 --> 0:15:25.920
<v Speaker 1>New Zealand and Norway in announcing sanctions on two ministers

0:15:25.960 --> 0:15:30.000
<v Speaker 1>in the Israeli government. Foreign Minister Penny Wong has confirmed

0:15:30.000 --> 0:15:33.840
<v Speaker 1>the sanctions applied to Israel's National Security Minister and Finance Minister,

0:15:34.280 --> 0:15:37.320
<v Speaker 1>saying they both have encouraged extremist actions that have led

0:15:37.360 --> 0:15:42.400
<v Speaker 1>to grave human rights violations against Palestinians, and Quantus has

0:15:42.440 --> 0:15:45.440
<v Speaker 1>announced its closing down Jetstar Asia by the end of July,

0:15:45.840 --> 0:15:50.120
<v Speaker 1>following years of financial losses. An estimated five hundred jobs

0:15:50.120 --> 0:15:52.840
<v Speaker 1>will be lost in the closure. However, Quantus says that

0:15:52.920 --> 0:15:55.920
<v Speaker 1>thirteen planes used by Jetstar Asia will be re deployed

0:15:55.920 --> 0:15:59.960
<v Speaker 1>across Australia and New Zealand, creating an additional one hundred jobs.

0:16:01.000 --> 0:16:03.520
<v Speaker 1>I'm Ruby Jones. This is seven a m. Thanks for listening.