1
00:00:02,480 --> 00:00:03,040
Speaker 1: Good morning.

2
00:00:03,080 --> 00:00:05,920
Speaker 2: I'm Nathan Hager and I'm Karen Moscow. Here are the

3
00:00:05,960 --> 00:00:07,440
Speaker 2: stories we're following today.

4
00:00:07,800 --> 00:00:12,080
Speaker 3: Israel has resumed airstrikes in Gaza, minutes after the expiration

5
00:00:12,240 --> 00:00:14,440
Speaker 3: of a week long truce with Hamas we get the

6
00:00:14,520 --> 00:00:17,160
Speaker 3: latest from Bloomberg's Anthony Squasien in Tel Aviv.

7
00:00:17,640 --> 00:00:20,079
Speaker 4: Truce wasn't extended at seven am local time. It was

8
00:00:20,120 --> 00:00:22,599
Speaker 4: some rocket warnings miss I was being fired and to

9
00:00:23,360 --> 00:00:27,200
Speaker 4: Israel just before that ended, and Israel responded immediately, and

10
00:00:27,240 --> 00:00:30,560
Speaker 4: it looked like we're back to fully fledged conflict right now.

11
00:00:30,760 --> 00:00:34,760
Speaker 4: Reports of air strikes in Gaza made different parts of Gaza,

12
00:00:35,080 --> 00:00:37,400
Speaker 4: and it does seem that the relative calm of the

13
00:00:37,440 --> 00:00:39,440
Speaker 4: last seven days is well and truly over.

14
00:00:40,080 --> 00:00:44,000
Speaker 3: Bloomberg's Anthony Squasiin in Tel Aviv, says Prime Minister Benjamin Netan.

15
00:00:44,080 --> 00:00:47,440
Speaker 3: Yahoo and other Israeli politicians had consistently said the war

16
00:00:47,479 --> 00:00:49,680
Speaker 3: would resume at some stage and the truce would not

17
00:00:49,760 --> 00:00:50,519
Speaker 3: become permanent.

18
00:00:51,080 --> 00:00:51,520
Speaker 5: Well, Nathan.

19
00:00:51,560 --> 00:00:54,560
Speaker 2: Secretary of State Anthony Blinkin was in Tel Aviv when

20
00:00:54,560 --> 00:00:58,360
Speaker 2: the fighting restarted yesterday. He said that Israel must defend

21
00:00:58,360 --> 00:01:01,040
Speaker 2: itself within the confines of international law.

22
00:01:01,400 --> 00:01:03,520
Speaker 3: Way israel defense itself matters.

23
00:01:04,880 --> 00:01:07,760
Speaker 4: It's imperative that is relacted in accordance with internationally mediterran

24
00:01:07,920 --> 00:01:11,440
Speaker 4: law and the laws of war, even when confronting a

25
00:01:11,520 --> 00:01:13,319
Speaker 4: terrorist group that respects neither.

26
00:01:13,840 --> 00:01:18,040
Speaker 2: And Secretary Anthony Blincoln was speaking before the latest escalation.

27
00:01:18,440 --> 00:01:21,399
Speaker 2: Hamas and other Islamist groups are still thought to be

28
00:01:21,440 --> 00:01:24,480
Speaker 2: holding around one hundred and thirty people captive in Gaza.

29
00:01:24,640 --> 00:01:27,640
Speaker 3: Turning back to politics in the US, Karen, there's been

30
00:01:27,680 --> 00:01:30,480
Speaker 3: a debate between a Republican who's running for president and

31
00:01:30,560 --> 00:01:33,720
Speaker 3: a Democrat who says he's not. Florida Governor Ron de

32
00:01:33,800 --> 00:01:37,160
Speaker 3: Santis squared off last night with California Governor Gavin Newsom.

33
00:01:37,520 --> 00:01:41,759
Speaker 6: This is a slick, slippery politician whose state is failing.

34
00:01:41,920 --> 00:01:45,520
Speaker 3: People are leaving a state. Governor DeSantis went after Newsom

35
00:01:45,600 --> 00:01:49,760
Speaker 3: and California over immigration, high taxes, and crime. Governor Newsom

36
00:01:49,840 --> 00:01:53,160
Speaker 3: touted the White House's message of Bidenomics.

37
00:01:52,640 --> 00:01:56,000
Speaker 7: Three point nine percent unemployment, the lowest black unemployment in

38
00:01:56,080 --> 00:01:59,680
Speaker 7: American history, the lowest unemployment for Hispanics in American history,

39
00:01:59,720 --> 00:02:02,240
Speaker 7: the lower most unemployment for women in seventy years, at

40
00:02:02,240 --> 00:02:05,120
Speaker 7: lowest black poverty rates in history, and.

41
00:02:05,080 --> 00:02:07,760
Speaker 3: The Fox News debate comes as DeSantis struggles to gain

42
00:02:07,840 --> 00:02:10,919
Speaker 3: ground on Republican front runner Donald Trump in twenty twenty four.

43
00:02:11,200 --> 00:02:14,280
Speaker 3: It also allowed Newsome to air his presidential ambitions for

44
00:02:14,480 --> 00:02:15,400
Speaker 3: twenty twenty eight.

45
00:02:15,840 --> 00:02:18,919
Speaker 2: Well, Nathan, Let's turn to the markets now. Stocks begin

46
00:02:19,080 --> 00:02:22,600
Speaker 2: December after notatching one of the biggest November rallies on record,

47
00:02:22,600 --> 00:02:24,680
Speaker 2: and we get more from Bloomberg Stirlei Pellett.

48
00:02:25,120 --> 00:02:28,200
Speaker 8: After the months three trillion dollar serge, the S and

49
00:02:28,240 --> 00:02:31,240
Speaker 8: P five hundred is now just five percent away from

50
00:02:31,280 --> 00:02:35,000
Speaker 8: its all time high. The gauge climbed over eight percent

51
00:02:35,200 --> 00:02:39,040
Speaker 8: in November, a feat achieved fewer than ten times for

52
00:02:39,120 --> 00:02:42,800
Speaker 8: that month since nineteen twenty eight, according to data compiled

53
00:02:42,800 --> 00:02:46,120
Speaker 8: by Bloomberg. It was also the gauge's best month since

54
00:02:46,200 --> 00:02:49,560
Speaker 8: July of twenty twenty two in New York, Charlie Pellett,

55
00:02:49,560 --> 00:02:51,320
Speaker 8: Bloomberg Radio and Charlie.

56
00:02:51,360 --> 00:02:54,480
Speaker 3: Was also a profitable month for bond investors. In fact,

57
00:02:54,520 --> 00:02:57,440
Speaker 3: treasuries had their best month since the nineteen eighties, and

58
00:02:57,440 --> 00:02:59,359
Speaker 3: we get more on that from Bloomberg's John Tucker.

59
00:03:00,160 --> 00:03:02,680
Speaker 9: The boon to bonds comes from signs the economy and

60
00:03:02,720 --> 00:03:06,600
Speaker 9: inflation are slowing and the Fed is done hiking interest

61
00:03:06,639 --> 00:03:09,320
Speaker 9: rates well. Traders are even betting on the first FED

62
00:03:09,440 --> 00:03:12,960
Speaker 9: rate cut in May. Bloomberg Economics sees the FED cutting

63
00:03:13,040 --> 00:03:15,840
Speaker 9: rates one hundred and twenty five basis points next year.

64
00:03:16,280 --> 00:03:19,320
Speaker 9: The Bloomberg US Aggregate Index returned four and a half

65
00:03:19,400 --> 00:03:22,840
Speaker 9: percent of November. That price up and yield down has

66
00:03:22,880 --> 00:03:27,760
Speaker 9: spurred an everything rally, from stocks to cryptocurrencies. Does it continue?

67
00:03:27,960 --> 00:03:31,320
Speaker 9: Listen closely today as FED Chair Jerome Powell speaks at

68
00:03:31,320 --> 00:03:34,200
Speaker 9: Spelman College in Atlanta, and if he sounds even a

69
00:03:34,200 --> 00:03:37,520
Speaker 9: little hawkish, November's rally may turn into the winter of

70
00:03:37,560 --> 00:03:40,360
Speaker 9: our discontent. I'm John Tucker, Bloomberg Radio.

71
00:03:40,720 --> 00:03:41,760
Speaker 5: All right, John, thank you.

72
00:03:41,800 --> 00:03:45,200
Speaker 2: By the Federal Reserve's top bank, a watchdog wants lenders

73
00:03:45,240 --> 00:03:48,960
Speaker 2: to be more comfortable turning to the Central banks discount window.

74
00:03:49,360 --> 00:03:52,520
Speaker 2: Michael Barr, the FEDS Vice Chair for Supervision, towed to

75
00:03:52,600 --> 00:03:56,120
Speaker 2: the backstop as an important tool for financial stability and

76
00:03:56,200 --> 00:03:57,240
Speaker 2: monetary policy.

77
00:03:57,560 --> 00:04:00,720
Speaker 10: The discount window provides ready access to funding that can

78
00:04:00,800 --> 00:04:04,960
Speaker 10: help banks manage their liquidity risks. The ability to access

79
00:04:05,000 --> 00:04:08,080
Speaker 10: funding at a predictable rate throughout through the discount window

80
00:04:08,520 --> 00:04:12,880
Speaker 10: should figure importantly into banks liquidity risk management plans under

81
00:04:12,920 --> 00:04:14,640
Speaker 10: a range of scenarios.

82
00:04:14,560 --> 00:04:15,040
Speaker 5: And the fence.

83
00:04:15,080 --> 00:04:17,839
Speaker 2: Michael Barr added that it was important that lenders have

84
00:04:17,880 --> 00:04:21,320
Speaker 2: a range of options for accessing liquidity.

85
00:04:21,080 --> 00:04:23,880
Speaker 3: Struck some corporate news now Karen. After two years of

86
00:04:23,920 --> 00:04:27,400
Speaker 3: delays and production snags, Tesla has finally handed the first

87
00:04:27,640 --> 00:04:32,120
Speaker 3: cyber trucks over two customers. Tesla's CEO, Elon Musk, says

88
00:04:32,160 --> 00:04:33,880
Speaker 3: it has an extra safety feature.

89
00:04:34,080 --> 00:04:36,919
Speaker 5: Why do you make it bulletroof? I'm like, why not?

90
00:04:39,400 --> 00:04:42,400
Speaker 8: Do you want to How tough is your truck bulletproof?

91
00:04:42,400 --> 00:04:45,200
Speaker 3: He says. Elon Musk says the cheapest version of cyber

92
00:04:45,240 --> 00:04:48,200
Speaker 3: Truck will cost just under sixty one thousand dollars. That's

93
00:04:48,240 --> 00:04:50,720
Speaker 3: more than fifty percent over the price Musk floated when

94
00:04:50,720 --> 00:04:53,320
Speaker 3: he announced the vehicle in twenty nineteen.

95
00:04:53,880 --> 00:04:57,520
Speaker 2: Well Nathan Disney has restored its dividend. The entertainment giant

96
00:04:57,560 --> 00:05:01,239
Speaker 2: declared a dividend of thirty censorsh for the second half

97
00:05:01,279 --> 00:05:04,960
Speaker 2: of its fiscal year. Disney had pledged to restore the payout,

98
00:05:05,000 --> 00:05:08,279
Speaker 2: which was halted during the pandemic. Disney has been under

99
00:05:08,320 --> 00:05:11,760
Speaker 2: pressure to improve its performance and restore its dividend by

100
00:05:11,800 --> 00:05:15,840
Speaker 2: activist investor Nelson Peltz, who is seeking board seats at

101
00:05:15,839 --> 00:05:16,359
Speaker 2: the company.

102
00:05:16,480 --> 00:05:18,800
Speaker 3: Well, speaking of under pressure, Karen, take a look at

103
00:05:19,000 --> 00:05:22,799
Speaker 3: Dell shares. They are down nearly six percent in early trading.

104
00:05:23,120 --> 00:05:26,240
Speaker 3: A company reported revenue that declined more than expected, and

105
00:05:26,320 --> 00:05:30,440
Speaker 3: it continues to see sluggish corporate demand for personal computers.

106
00:05:34,240 --> 00:05:35,520
Speaker 2: And it's time now for a look at some of

107
00:05:35,560 --> 00:05:37,800
Speaker 2: the other stories making news around the world. For now,

108
00:05:37,839 --> 00:05:39,760
Speaker 2: we're joined by Bloomberg's Amy Moore is Amy.

109
00:05:39,800 --> 00:05:42,880
Speaker 11: Good morning, Good morning, Karen. The twenty twenty three United

110
00:05:43,000 --> 00:05:46,719
Speaker 11: Nations Climate Change Conference, or COP twenty eight, launched yesterday.

111
00:05:46,960 --> 00:05:50,599
Speaker 11: Now before the summit began, United Nations Secretary General Antonio

112
00:05:50,600 --> 00:05:55,000
Speaker 11: Guterrez warned fossil fuel companies quote their old road is

113
00:05:55,200 --> 00:05:56,120
Speaker 11: rapidly aging.

114
00:05:56,240 --> 00:05:59,479
Speaker 12: It's time to end our addiction to fossil fools that

115
00:05:59,640 --> 00:06:05,600
Speaker 12: is validating climate change. It's time to bet on guaranteeing

116
00:06:06,160 --> 00:06:10,720
Speaker 12: through strong political will, that temperatures will authorise more than

117
00:06:10,760 --> 00:06:12,160
Speaker 12: one point five degrees.

118
00:06:12,440 --> 00:06:15,120
Speaker 11: At the end of the center, the United Arab Emirates,

119
00:06:15,120 --> 00:06:17,719
Speaker 11: which is hosting the summit, announced a commitment of thirty

120
00:06:17,760 --> 00:06:21,919
Speaker 11: billion dollars to help finance climate solutions. Tens of thousands

121
00:06:21,960 --> 00:06:25,279
Speaker 11: of delegates are expected to make this the biggest summit ever.

122
00:06:25,720 --> 00:06:28,560
Speaker 11: It is looking likely that Congress will take the unusual

123
00:06:28,600 --> 00:06:30,520
Speaker 11: step to expel one of their own.

124
00:06:30,720 --> 00:06:32,640
Speaker 5: Bloomberg's Nancy Lyons.

125
00:06:32,279 --> 00:06:35,200
Speaker 13: Reports George Santos, on the brink of being kicked out

126
00:06:35,200 --> 00:06:37,400
Speaker 13: of Congress, took his fight to the House floor.

127
00:06:37,560 --> 00:06:40,120
Speaker 3: I have been convicted of no crimes, mister speaker.

128
00:06:39,800 --> 00:06:42,960
Speaker 13: But following an investigation by the House Ethics Committee, members

129
00:06:42,960 --> 00:06:46,599
Speaker 13: said they did find some troubling behavior. Committee chair Congressman

130
00:06:46,640 --> 00:06:48,680
Speaker 13: Michael Guest offered highlights of the report.

131
00:06:48,920 --> 00:06:55,000
Speaker 14: It says it Representative Santos sought to fraudulently exploit every

132
00:06:55,160 --> 00:06:59,240
Speaker 14: aspect of his House candidacy for his own personal profit.

133
00:06:59,400 --> 00:07:02,480
Speaker 13: After the ex fulshion vote, Santos still faces a twenty

134
00:07:02,480 --> 00:07:05,960
Speaker 13: three count federal indictment that alleges he stole from donors

135
00:07:06,000 --> 00:07:09,720
Speaker 13: and used campaign money for personal expenses in Washington, Nancy

136
00:07:09,840 --> 00:07:11,040
Speaker 13: Lyons Bloomberg Radio.

137
00:07:11,240 --> 00:07:15,160
Speaker 11: The CDC is monitoring a pneumonia outbreak among children in

138
00:07:15,240 --> 00:07:19,160
Speaker 11: the Cincinnati area. Warren County, Ohio has reported one hundred

139
00:07:19,200 --> 00:07:23,160
Speaker 11: and forty two infections since August. The outbreak comes amid

140
00:07:23,240 --> 00:07:27,800
Speaker 11: China's surgeon hospitalizations, which CDC director doctor Mandy Cohen told

141
00:07:27,840 --> 00:07:31,080
Speaker 11: Congress yesterday, is not being caused by a new virus.

142
00:07:31,160 --> 00:07:34,560
Speaker 2: Do not believe this is a new or novel pathogen

143
00:07:34,600 --> 00:07:38,440
Speaker 2: that we believe this is all existing, meaning COVID flu RSV.

144
00:07:39,360 --> 00:07:40,440
Speaker 5: Cohen told Congress.

145
00:07:40,440 --> 00:07:43,080
Speaker 11: The winter cold and flu season offers the CDC a

146
00:07:43,200 --> 00:07:46,480
Speaker 11: chance to regain the public's trust, and former White House

147
00:07:46,520 --> 00:07:49,520
Speaker 11: Chief Medical Advisor doctor Anthony Fauci is set to testify

148
00:07:49,560 --> 00:07:52,880
Speaker 11: before Congress early next year on the origins of COVID

149
00:07:52,920 --> 00:07:55,560
Speaker 11: and the pandemic response by the US. This would be

150
00:07:55,600 --> 00:07:59,000
Speaker 11: the first time Fauci has testified since he retired. Global

151
00:07:59,040 --> 00:08:01,080
Speaker 11: News twenty four hours of and Whenever You want it

152
00:08:01,080 --> 00:08:03,320
Speaker 11: with Bloomberg News Now, I'm Amy Morrison.

153
00:08:03,400 --> 00:08:04,720
Speaker 3: This is Bloomberg Karen.

154
00:08:04,520 --> 00:08:06,120
Speaker 2: All right, Amy, thank you. What we do bring you

155
00:08:06,200 --> 00:08:09,160
Speaker 2: news throughout the day right here on Bloomberg Radio. As

156
00:08:09,200 --> 00:08:12,120
Speaker 2: Amy said, but now also as she said, you can

157
00:08:12,120 --> 00:08:15,240
Speaker 2: get the latest news on demand whenever you want it.

158
00:08:15,280 --> 00:08:16,080
Speaker 5: So how do you do it?

159
00:08:16,160 --> 00:08:18,720
Speaker 2: You subscribe to Bloomberg News Now to get the latest

160
00:08:18,720 --> 00:08:21,320
Speaker 2: headlines at the click of a button. You can get

161
00:08:21,360 --> 00:08:24,480
Speaker 2: informed on your schedule. You can listen and subscribe to

162
00:08:24,520 --> 00:08:27,880
Speaker 2: Bloomberg News Now on the Bloomberg Business app, Bloomberg dot

163
00:08:27,880 --> 00:08:32,000
Speaker 2: Com plus apples, Spotify, and anywhere else you get your podcasts.

164
00:08:36,320 --> 00:08:39,560
Speaker 2: Time now for the Bloomberg Sports Update. Here's John stash

165
00:08:39,559 --> 00:08:40,520
Speaker 2: Hour John.

166
00:08:40,720 --> 00:08:44,000
Speaker 6: Darn Week thirteen underway Thursday night football in Dallas with

167
00:08:44,080 --> 00:08:47,440
Speaker 6: the Cowboys. We're going for a fourteenth consecutive home victory.

168
00:08:47,480 --> 00:08:50,720
Speaker 6: They trailed Seattle throughout the second half until at dak

169
00:08:50,760 --> 00:08:54,640
Speaker 6: Prescott touchdown passed with four thirty seven laft. Cowboys won

170
00:08:54,800 --> 00:08:58,360
Speaker 6: forty one to thirty five. Prescott having an MVP type season,

171
00:08:58,679 --> 00:09:01,400
Speaker 6: he threw British GIAT three hundred yard three touchdowns Gino

172
00:09:01,520 --> 00:09:04,720
Speaker 6: Smith the Seahawks qv also threw for three touchdowns, all

173
00:09:04,760 --> 00:09:06,880
Speaker 6: of them went to DK Metcalf, but the Seahawks have

174
00:09:06,920 --> 00:09:07,840
Speaker 6: now lost three in a row.

175
00:09:08,160 --> 00:09:09,960
Speaker 8: They dropped to six and six.

176
00:09:10,720 --> 00:09:14,920
Speaker 6: Buffalo Bills pass rusher Von Miller was facing in arrest.

177
00:09:15,040 --> 00:09:18,200
Speaker 6: The rest warrant was issued last night in Dallas. He

178
00:09:18,320 --> 00:09:20,719
Speaker 6: turned himself in. He's in Dallas because the Bills have

179
00:09:20,840 --> 00:09:23,880
Speaker 6: a bye week. He was arrested on domestic violence charge

180
00:09:23,880 --> 00:09:26,680
Speaker 6: in a case involving his girlfriend. The NFL on the

181
00:09:26,720 --> 00:09:29,760
Speaker 6: pass has flex games moved them from the Sunday afternoon

182
00:09:29,760 --> 00:09:31,840
Speaker 6: to Sunday nights. Never before had they flexed the game

183
00:09:31,920 --> 00:09:35,240
Speaker 6: into a Monday night. They've done that for a week fifteen.

184
00:09:35,280 --> 00:09:38,040
Speaker 6: Philadelphia and Seattle were supposed to play Sunday, It'll now

185
00:09:38,040 --> 00:09:41,000
Speaker 6: be on a Monday, and Kansas City, New England moved

186
00:09:41,040 --> 00:09:43,719
Speaker 6: from a Monday back to a Sunday. Shows you how

187
00:09:43,720 --> 00:09:46,360
Speaker 6: bad the Patriots are for the NFL. The new Patrick

188
00:09:46,360 --> 00:09:49,760
Speaker 6: Mahomes off of Prime time NBA. The Warriors with the

189
00:09:49,760 --> 00:09:53,240
Speaker 6: Clippers won twenty to one fourteen. Steph Curry scored twenty six,

190
00:09:53,320 --> 00:09:54,800
Speaker 6: had seven rebounds, eight assists.

191
00:09:54,800 --> 00:09:55,199
Speaker 3: Hockey.

192
00:09:55,240 --> 00:09:57,880
Speaker 6: The Bruins had lost three straight. They came home shut

193
00:09:57,880 --> 00:10:00,439
Speaker 6: out the Sharks three to nothing. Washington won it Anaheim

194
00:10:00,559 --> 00:10:03,160
Speaker 6: five to four, a win for LSU that have any

195
00:10:03,200 --> 00:10:06,520
Speaker 6: national Champson women's basketball Angel hes Back in the lineup

196
00:10:06,559 --> 00:10:09,120
Speaker 6: scored nineteen. She had been out the last board games.

197
00:10:09,280 --> 00:10:11,240
Speaker 6: John Stshawer Bloomberg Sports.

198
00:10:13,800 --> 00:10:16,760
Speaker 15: From coast to coast, from New York to San Francisco,

199
00:10:17,160 --> 00:10:21,800
Speaker 15: Boston to Washington, DC, nationwide on Syrias Exam the Bloomberg

200
00:10:21,840 --> 00:10:26,000
Speaker 15: Business app in Bloomberg dot Com. This is Bloomberg Daybreak.

201
00:10:27,080 --> 00:10:30,920
Speaker 15: Good morning. I'm Nathan Hager. The truce is over in Gaza.

202
00:10:31,000 --> 00:10:34,160
Speaker 15: The seven day ceasefire between Israel and Hamas has ended.

203
00:10:34,520 --> 00:10:38,959
Speaker 15: Israel is resuming combat operations after Israel said Hamas violated

204
00:10:39,280 --> 00:10:42,880
Speaker 15: its agreement that has released dozens of hostages over the

205
00:10:42,920 --> 00:10:45,760
Speaker 15: last seven days in exchange for Palestinian prisoners. For the

206
00:10:45,840 --> 00:10:48,760
Speaker 15: latest we were joined by Rosalind Mathison, Bloomberg News Director

207
00:10:48,760 --> 00:10:51,760
Speaker 15: for Europe, Middle East and Africa. Roz, thanks for being

208
00:10:51,760 --> 00:10:55,240
Speaker 15: with us once again. What set off this resumption of combat.

209
00:10:56,040 --> 00:10:58,560
Speaker 16: Well, basically, the truce was due to lapside of the

210
00:10:58,559 --> 00:11:01,640
Speaker 16: way in the early hour this morning. What we had

211
00:11:01,640 --> 00:11:05,160
Speaker 16: seen previously was that the SEASPI was rolled over for

212
00:11:05,240 --> 00:11:08,360
Speaker 16: two further days, and there had been talks to try

213
00:11:08,400 --> 00:11:12,040
Speaker 16: and get it rolled over again. Those clearly weren't successful,

214
00:11:12,040 --> 00:11:15,240
Speaker 16: and so that the SEASPI lapsed early this morning.

215
00:11:15,720 --> 00:11:16,600
Speaker 5: And what we have is.

216
00:11:16,559 --> 00:11:20,719
Speaker 16: Hamas and Israel both accusing the other of violating the

217
00:11:20,800 --> 00:11:23,800
Speaker 16: terms of the Sea SPI, not meeting the agreements about

218
00:11:23,800 --> 00:11:28,439
Speaker 16: the release of Israeli hostages yesterday, the number of those hostages,

219
00:11:28,679 --> 00:11:32,400
Speaker 16: Harmas accusing Israel in turn. And now we've seen a

220
00:11:32,440 --> 00:11:35,360
Speaker 16: resumption of the fighting. As you say, we saw airstrikes

221
00:11:35,800 --> 00:11:38,520
Speaker 16: into Gaza this morning. We know the fighting's going on

222
00:11:38,640 --> 00:11:43,360
Speaker 16: there again. Hermas says there have been casualties and wounded

223
00:11:43,400 --> 00:11:46,880
Speaker 16: at hospitals already, and Israel is making clear that their

224
00:11:46,880 --> 00:11:50,040
Speaker 16: goal in the end still is to eradicate Hamas, and

225
00:11:50,080 --> 00:11:52,800
Speaker 16: as part of that they now see the military campaign

226
00:11:52,920 --> 00:11:55,839
Speaker 16: likely moving further south in the Gaza strip.

227
00:11:55,880 --> 00:11:57,920
Speaker 5: It's been quite concentrated in the north.

228
00:11:57,960 --> 00:12:00,880
Speaker 16: But the messaging today, the warning to people in Gaza

229
00:12:00,920 --> 00:12:03,320
Speaker 16: today is be prepared because the military is going to

230
00:12:03,360 --> 00:12:04,400
Speaker 16: now push further sout.

231
00:12:04,760 --> 00:12:07,520
Speaker 3: And the messaging from the US with that expectation that

232
00:12:07,640 --> 00:12:09,760
Speaker 3: the war would be heading to the south, was that

233
00:12:09,880 --> 00:12:15,400
Speaker 3: Israel needs to limit civilian casualties. Talk about US diplomacy,

234
00:12:15,679 --> 00:12:17,920
Speaker 3: the role that's playing there, and whether that could have

235
00:12:18,000 --> 00:12:20,080
Speaker 3: any impact on what we see on the ground.

236
00:12:20,640 --> 00:12:21,240
Speaker 5: Well, that's right.

237
00:12:21,280 --> 00:12:24,200
Speaker 16: In fact, the US Secretary of State Anthony Blincoln was

238
00:12:24,240 --> 00:12:27,360
Speaker 16: still on the ground in Israel when the fighting did resume.

239
00:12:27,440 --> 00:12:30,240
Speaker 16: He took off shortly afterward for Dubai to attend the

240
00:12:30,280 --> 00:12:33,600
Speaker 16: COP twenty eighth summit, but in his meetings in Israel,

241
00:12:33,640 --> 00:12:36,600
Speaker 16: he said he made very clear to officials there that

242
00:12:36,640 --> 00:12:40,960
Speaker 16: the US is concerned about the humanitarian situation inside Gaza

243
00:12:41,120 --> 00:12:44,360
Speaker 16: that they're urging Israel to do everything they can to

244
00:12:44,520 --> 00:12:48,560
Speaker 16: limit the impact on civilians from this war and to

245
00:12:48,640 --> 00:12:53,240
Speaker 16: also uphold international humanitarian law. And that was the public messaging,

246
00:12:53,360 --> 00:12:57,040
Speaker 16: so privately you can imagine it was possibly a bit stronger.

247
00:12:57,120 --> 00:13:00,160
Speaker 16: I mean, you can see the rhetoric shift really from

248
00:13:00,200 --> 00:13:03,160
Speaker 16: the US since the start of this in October seven,

249
00:13:03,200 --> 00:13:07,079
Speaker 16: which was the Hamas attack on Israel. The US does

250
00:13:07,120 --> 00:13:10,640
Speaker 16: remain strongly supportive of Israel in this, but has become

251
00:13:10,720 --> 00:13:14,120
Speaker 16: more vocal in their concerns about the impact on gas.

252
00:13:14,160 --> 00:13:16,480
Speaker 5: And certainly that was a message that Blinkl was delivering

253
00:13:16,520 --> 00:13:17,040
Speaker 5: on the ground.

254
00:13:17,480 --> 00:13:20,400
Speaker 3: And even as the fighting continues, we're hearing from Kater,

255
00:13:20,559 --> 00:13:25,200
Speaker 3: which has been leading negotiations on extending the ceasefire, that

256
00:13:25,200 --> 00:13:29,480
Speaker 3: there are still talks underway to bring in further pauses.

257
00:13:29,480 --> 00:13:30,920
Speaker 3: Can you give us further clarity on that?

258
00:13:31,880 --> 00:13:32,440
Speaker 5: Well, that's right.

259
00:13:32,480 --> 00:13:34,960
Speaker 16: In fact, even when the fighting was going on before

260
00:13:35,000 --> 00:13:37,480
Speaker 16: the truce, we knew those lines of communication were working

261
00:13:37,600 --> 00:13:42,520
Speaker 16: quite furiously. Katar, alongside Egypt and US officials acting as

262
00:13:42,600 --> 00:13:46,959
Speaker 16: go betweens between Hamas and also Israel, and a role

263
00:13:47,040 --> 00:13:49,160
Speaker 16: potentially for Iran in all of that.

264
00:13:49,280 --> 00:13:51,160
Speaker 5: The idea was to get towards.

265
00:13:50,679 --> 00:13:53,640
Speaker 16: That initial truce that we saw that lasted for seven

266
00:13:53,720 --> 00:13:55,960
Speaker 16: days in the end, and Kata has been out this

267
00:13:55,960 --> 00:13:58,960
Speaker 16: morning very quickie to say despite the resumption of the fighting,

268
00:13:59,520 --> 00:14:03,240
Speaker 16: those talks are still going on. It is hopeful that

269
00:14:03,280 --> 00:14:05,559
Speaker 16: there can be a way back to at least other

270
00:14:05,679 --> 00:14:10,000
Speaker 16: temporary truce. That's because there are still Israeli hostages inside

271
00:14:10,080 --> 00:14:14,280
Speaker 16: Gaza that we know, and aid agencies that hope to

272
00:14:14,320 --> 00:14:18,920
Speaker 16: get more humanitarian aid into Gaza during that window which

273
00:14:18,920 --> 00:14:21,600
Speaker 16: has now shut at least for now, And so Kata

274
00:14:21,640 --> 00:14:23,680
Speaker 16: is saying, we're still talking about there. We're hope you

275
00:14:23,680 --> 00:14:25,680
Speaker 16: can get to a point to at least have a

276
00:14:25,760 --> 00:14:28,400
Speaker 16: temporary truce. But the reality in the end also Israel

277
00:14:28,480 --> 00:14:32,000
Speaker 16: has made very very clear that they intend to keep fighting.

278
00:14:32,320 --> 00:14:35,800
Speaker 16: Their overarching goal is to eradicate Hamas, and right now

279
00:14:35,840 --> 00:14:38,040
Speaker 16: they don't see that goal as having been met.

280
00:14:38,160 --> 00:14:40,760
Speaker 3: Only have a minute left ros. But before the fighting began,

281
00:14:40,840 --> 00:14:43,320
Speaker 3: the New York Times reported that Israel got a hold

282
00:14:43,320 --> 00:14:46,160
Speaker 3: of Hamas's battle plan for October seventh, more than a

283
00:14:46,280 --> 00:14:48,720
Speaker 3: year ago. Tell us more about that.

284
00:14:49,440 --> 00:14:49,960
Speaker 5: Well, that's right.

285
00:14:49,960 --> 00:14:52,680
Speaker 16: In fact, this was also reported by an Israeli media

286
00:14:52,760 --> 00:14:55,960
Speaker 16: outlet Khan Media a couple of days ago, saying that

287
00:14:56,200 --> 00:15:00,280
Speaker 16: Israel did get blueprints of this plan by Hamas a

288
00:15:00,360 --> 00:15:03,120
Speaker 16: year ago, but dismissed it as too difficult for Hamas

289
00:15:03,160 --> 00:15:06,480
Speaker 16: to carry out, implausible, and so didn't really follow up

290
00:15:06,520 --> 00:15:08,520
Speaker 16: on it. And that echoes some of what we've seen

291
00:15:09,640 --> 00:15:12,120
Speaker 16: from the reporting we've done ourselves, which is really this

292
00:15:12,240 --> 00:15:15,200
Speaker 16: presumption on the part of the Israeli security forces the

293
00:15:15,240 --> 00:15:18,960
Speaker 16: intelligence services, that Hamas wasn't able to do something of

294
00:15:19,040 --> 00:15:22,320
Speaker 16: this nature, that yes, you'd see six skirmishes go on

295
00:15:22,400 --> 00:15:25,600
Speaker 16: from time to time from Gaza into Israel, but that

296
00:15:25,640 --> 00:15:28,880
Speaker 16: a full throated attack was impossible, and that's why in

297
00:15:28,920 --> 00:15:31,040
Speaker 16: the end they kind of missed the signals leading up

298
00:15:31,040 --> 00:15:32,360
Speaker 16: to the October seven attack.

299
00:15:34,040 --> 00:15:36,960
Speaker 1: This is Bloomberg day Break Today, your morning brief on

300
00:15:37,040 --> 00:15:40,640
Speaker 1: the stories making news from Wall Street to Washington and beyond.

301
00:15:40,840 --> 00:15:43,600
Speaker 2: Look for us on your podcast feed at six am

302
00:15:43,680 --> 00:15:47,360
Speaker 2: Eastern each morning, on Apple, Spotify, and anywhere else you

303
00:15:47,400 --> 00:15:48,600
Speaker 2: get your podcasts.

304
00:15:48,680 --> 00:15:51,400
Speaker 1: You can also listen live each morning starting at five

305
00:15:51,440 --> 00:15:54,000
Speaker 1: am Wall Street time on Bloomberg eleven three to zero

306
00:15:54,080 --> 00:15:56,920
Speaker 1: in New York Bloomberg ninety nine to one in Washington.

307
00:15:57,040 --> 00:16:00,240
Speaker 1: Bloomberg one six to one in Boston and Bloomberg nine

308
00:16:00,280 --> 00:16:01,680
Speaker 1: sixty in San Francisco.

309
00:16:02,040 --> 00:16:05,200
Speaker 2: Our flagship New York station is also available on your

310
00:16:05,240 --> 00:16:10,680
Speaker 2: Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus.

311
00:16:10,720 --> 00:16:14,920
Speaker 1: Listen coast to coast on the Bloomberg Business app, SERIUSXM.

312
00:16:14,240 --> 00:16:18,520
Speaker 3: The iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager.

313
00:16:18,280 --> 00:16:19,440
Speaker 5: And I'm Karen Moscow.

314
00:16:19,680 --> 00:16:22,440
Speaker 2: Join us again tomorrow morning for all the news you

315
00:16:22,560 --> 00:16:25,760
Speaker 2: need to start your day right here on Bloomberg Daybreak