WEBVTT - Shutdown Countdown; Haley Loses Key Donor

0:00:02.400 --> 0:00:10.080
<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News. Good morning.

0:00:10.080 --> 0:00:13.040
<v Speaker 2>I'm Nathan Hager and I'm Amy Morris. Here are the

0:00:13.080 --> 0:00:14.680
<v Speaker 2>stories we're following today.

0:00:15.040 --> 0:00:18.040
<v Speaker 3>We begin in Washington, where the federal government is less

0:00:18.040 --> 0:00:22.400
<v Speaker 3>than five days away from another partial government shut down deadline. Now,

0:00:22.440 --> 0:00:24.280
<v Speaker 3>the White House has set up a meeting to try

0:00:24.320 --> 0:00:27.120
<v Speaker 3>to raise the pressure. Not a major sticking point billions

0:00:27.120 --> 0:00:30.120
<v Speaker 3>of dollars in aid to Ukraine. Bloomberg z Ed Baxter

0:00:30.240 --> 0:00:30.920
<v Speaker 3>has the story.

0:00:31.120 --> 0:00:33.760
<v Speaker 4>On the list of attendees a number of key congressional

0:00:33.800 --> 0:00:37.840
<v Speaker 4>leaders like House Speaker Mike Johnson, House Minority Leader Hakim Jeffreys,

0:00:38.240 --> 0:00:41.360
<v Speaker 4>Senate leaders Chuck Schumer and Mitch McConnell. Now, the White

0:00:41.360 --> 0:00:45.000
<v Speaker 4>House says Biden wants to discuss the urgency of passing

0:00:45.080 --> 0:00:48.320
<v Speaker 4>the sixty billion dollar request for US emergency Ukraine aid,

0:00:48.720 --> 0:00:51.839
<v Speaker 4>as well as the looming deadline to fund the government.

0:00:52.240 --> 0:00:55.800
<v Speaker 4>Speaker Johnson's grasp on the speakership is tenuous. Part of

0:00:55.840 --> 0:00:58.640
<v Speaker 4>his dilemma is he could lose it if he pushes

0:00:58.680 --> 0:01:02.360
<v Speaker 4>for Ukraine aid without border. The meeting is set for tomorrow.

0:01:02.720 --> 0:01:04.560
<v Speaker 4>Aad Baxter Bloomberg Radio.

0:01:04.480 --> 0:01:06.240
<v Speaker 2>All right, thank you, Ed. Now to the latest in

0:01:06.280 --> 0:01:09.399
<v Speaker 2>the Middle East Israeli Prime Minister Benjamin Netanyah, who says

0:01:09.440 --> 0:01:12.160
<v Speaker 2>he'll have a plan to move civilians out of the

0:01:12.200 --> 0:01:15.800
<v Speaker 2>southern Gaza city of Rafa before going into dismantle remaining

0:01:15.840 --> 0:01:19.880
<v Speaker 2>Hamaspitalians in the city. Netanyah, who says there's no disagreement

0:01:19.920 --> 0:01:22.360
<v Speaker 2>between Israel and the US on this point.

0:01:22.560 --> 0:01:24.200
<v Speaker 5>We agree on this. I mean, we don't have to

0:01:24.240 --> 0:01:27.119
<v Speaker 5>be prodded. We're on the same page with the US

0:01:27.120 --> 0:01:29.440
<v Speaker 5>on this because that's how we do it.

0:01:29.880 --> 0:01:32.760
<v Speaker 2>Prime Minister Netanyah, who was on CBS's Face the Nation.

0:01:33.040 --> 0:01:35.800
<v Speaker 2>We get more on this from Bloomberg Senior editor Bill Ferries.

0:01:36.200 --> 0:01:38.319
<v Speaker 6>The big deadline we have to keep in mind is

0:01:38.360 --> 0:01:43.240
<v Speaker 6>March tenth. That's when Israel says, if the remaining hostages

0:01:43.280 --> 0:01:46.679
<v Speaker 6>haven't been released, they will go forward with that ground

0:01:46.680 --> 0:01:50.800
<v Speaker 6>offensive in Rafa, and March tenth also coincides with the

0:01:50.840 --> 0:01:53.960
<v Speaker 6>start of Ramanan, so that would raise a lot of criticism,

0:01:54.120 --> 0:01:57.760
<v Speaker 6>additional criticism of Israel from much of the Muslim world

0:01:57.800 --> 0:01:59.240
<v Speaker 6>and the wider world as well.

0:02:00.000 --> 0:02:04.200
<v Speaker 2>Burg's Bill Ferries. Meantime, the Prime Minister of the Palestinian Authority,

0:02:04.480 --> 0:02:08.240
<v Speaker 2>Mohammad Stea, says he and his government will resign, but

0:02:08.280 --> 0:02:11.960
<v Speaker 2>it's not clear if Palestinian President Matmouda Bass will accept that.

0:02:12.280 --> 0:02:15.280
<v Speaker 3>Turning to politics back home, Amy, first, Wall Street considered

0:02:15.320 --> 0:02:17.960
<v Speaker 3>Ron DeSantis, then it went for Nikki Haley. Now the

0:02:18.000 --> 0:02:21.560
<v Speaker 3>Republican donor class is confronting a reality. It's wealthy members

0:02:21.560 --> 0:02:24.440
<v Speaker 3>that hoped to avoid being limited to exerting their clout

0:02:24.480 --> 0:02:28.000
<v Speaker 3>in the election cycle only through state level races. Donald

0:02:28.000 --> 0:02:31.359
<v Speaker 3>Trump's victory in the South Carolina Republican primary has moved

0:02:31.360 --> 0:02:34.640
<v Speaker 3>the former president closer to claiming his party's nomination, and

0:02:34.680 --> 0:02:37.040
<v Speaker 3>now the powerful Coke network has announced it will no

0:02:37.080 --> 0:02:40.639
<v Speaker 3>longer fund Haley's campaign. This is a major reversal that

0:02:40.800 --> 0:02:45.040
<v Speaker 3>underscores traditional donors inability to slow Donald Trump's momentum.

0:02:45.280 --> 0:02:48.560
<v Speaker 2>Adding to that momentum for Donald Trump, another key endorsement,

0:02:48.960 --> 0:02:51.920
<v Speaker 2>John Thune, the second ranking Republican in the Senate, is

0:02:52.000 --> 0:02:54.720
<v Speaker 2>backing the former president in his bid for the White House.

0:02:55.000 --> 0:02:59.360
<v Speaker 2>The South Dakota senator had resisted joining Trump's allies until now.

0:03:00.080 --> 0:03:03.760
<v Speaker 2>This questioned Trump's strength as a general election candidate.

0:03:04.000 --> 0:03:06.360
<v Speaker 3>All right, let's get back to markets now, Amy, Futures,

0:03:06.400 --> 0:03:08.480
<v Speaker 3>as you mentioned, are lower as we begin a new

0:03:08.520 --> 0:03:10.200
<v Speaker 3>trading week. Both the Dow and the S and P

0:03:10.280 --> 0:03:13.240
<v Speaker 3>five hundred ended last week at records, while the Nasdaq

0:03:13.320 --> 0:03:16.480
<v Speaker 3>slipped from its all time high. Katerina Siminetti, Senior vice

0:03:16.520 --> 0:03:19.519
<v Speaker 3>president at Morgan Stanley Private Wealth Management, says investors have

0:03:19.560 --> 0:03:21.400
<v Speaker 3>a tough dilemma during this market rally.

0:03:21.639 --> 0:03:24.600
<v Speaker 7>What we're seeing as the biggest trap to try to

0:03:24.680 --> 0:03:29.680
<v Speaker 7>avoid is when investors are starting to doubt their diversified portfolios,

0:03:29.919 --> 0:03:32.760
<v Speaker 7>starting to dowb asset allocation and are kind of saying like,

0:03:32.800 --> 0:03:36.120
<v Speaker 7>should we stay with blue chip stocks, should we stay diversified,

0:03:36.360 --> 0:03:39.440
<v Speaker 7>or should we switch direction into this highest growing stocks.

0:03:39.920 --> 0:03:42.520
<v Speaker 7>And that's what you know, These are the type of

0:03:42.520 --> 0:03:45.280
<v Speaker 7>conversations that we're having, you know, the beginning of this year.

0:03:45.480 --> 0:03:48.800
<v Speaker 3>Katerina Seminetti of Morgan Stanley Private Wealth says investors will

0:03:48.840 --> 0:03:51.400
<v Speaker 3>be focusing on a busy week of data, including the

0:03:51.400 --> 0:03:54.240
<v Speaker 3>federal reserves, preferred measure of inflation.

0:03:54.360 --> 0:03:57.120
<v Speaker 2>And stock markets may be hitting records, but Warren Buffett's

0:03:57.120 --> 0:04:00.920
<v Speaker 2>Berkshire Hathaway is having some trouble finding places to invest.

0:04:01.240 --> 0:04:04.480
<v Speaker 2>Bloomberg's John Tucker joins us with those details.

0:04:04.280 --> 0:04:06.720
<v Speaker 8>And Amy Buffett says there are no deals out there

0:04:06.840 --> 0:04:10.960
<v Speaker 8>that could deliver eye popping performance soul. He's keeping Berksher's

0:04:10.960 --> 0:04:13.640
<v Speaker 8>cash close at hand, and that pile of cash has

0:04:13.640 --> 0:04:15.960
<v Speaker 8>grown to a record one hundred and sixty seven point

0:04:16.000 --> 0:04:19.600
<v Speaker 8>six billion dollars. In his annual shareholder letter, the ninety

0:04:19.600 --> 0:04:22.159
<v Speaker 8>three year old Bumfitt says there remain only a handful

0:04:22.200 --> 0:04:24.800
<v Speaker 8>of companies in this country capable of truly moving the

0:04:24.839 --> 0:04:28.000
<v Speaker 8>needle at Berkshire, and they have been endlessly picked over.

0:04:28.480 --> 0:04:31.400
<v Speaker 8>The company also reported fourth quarter operating earnings of eight

0:04:31.480 --> 0:04:34.600
<v Speaker 8>point four eight billion dollars that was held by an

0:04:34.600 --> 0:04:38.880
<v Speaker 8>increase in insurance underwriting earnings and investment income. Berkser shares

0:04:38.920 --> 0:04:42.159
<v Speaker 8>are up seventeen percent so far this year. They've touched

0:04:42.160 --> 0:04:45.520
<v Speaker 8>a record in each of the past seven trading days.

0:04:45.720 --> 0:04:47.400
<v Speaker 8>I'm John Tucker, Bloomberg Radio.

0:04:47.520 --> 0:04:50.039
<v Speaker 3>All right, John, thanks on The most actively traded stock

0:04:50.080 --> 0:04:53.240
<v Speaker 3>this morning is Intuitive Machines. We told you about the

0:04:53.279 --> 0:04:57.520
<v Speaker 3>moonshot the company's shares had on Friday following its lunar landing.

0:04:57.760 --> 0:05:00.680
<v Speaker 3>The stock surged as much as forty three percent before

0:05:00.760 --> 0:05:04.680
<v Speaker 3>ending Friday nearly sixteen percent higher. This morning, though Intuitive

0:05:04.720 --> 0:05:07.760
<v Speaker 3>Machines is crashing back to earth. The stock is plunging

0:05:07.760 --> 0:05:10.839
<v Speaker 3>more than thirty four percent. Officials now say that lander

0:05:10.920 --> 0:05:15.760
<v Speaker 3>nicknamed Odysseus likely landed on its side.

0:05:15.200 --> 0:05:17.839
<v Speaker 2>And we do have some deal news this morning. Alcoa

0:05:17.880 --> 0:05:19.960
<v Speaker 2>has made a two point two billion dollar offer to

0:05:20.000 --> 0:05:24.280
<v Speaker 2>acquire its Australian joint venture partner Alumina. The deal would

0:05:24.320 --> 0:05:27.599
<v Speaker 2>give the US aluminum giant full control of Alcohol World

0:05:27.640 --> 0:05:30.839
<v Speaker 2>Alumina and Chemicals, one of the world's largest producers of

0:05:30.839 --> 0:05:33.279
<v Speaker 2>the semi processed form of that metal.

0:05:33.560 --> 0:05:36.919
<v Speaker 3>In Asia, Ant Group is said to have outbid Citadel

0:05:37.080 --> 0:05:40.839
<v Speaker 3>for Credit Suee's investment bank in China. Bloomberg Daybreak Asia

0:05:40.880 --> 0:05:43.440
<v Speaker 3>anchor Brian Curtis has the details from Hong Kong.

0:05:43.520 --> 0:05:47.159
<v Speaker 9>A big surprise. Sources say Ant made a stronger bid

0:05:47.200 --> 0:05:50.280
<v Speaker 9>than what Citadel offered back in December. The bid by

0:05:50.320 --> 0:05:53.400
<v Speaker 9>Ant to build a securities business using the Swiss Bank's

0:05:53.440 --> 0:05:57.200
<v Speaker 9>operations will face a serious review. In the past, China

0:05:57.240 --> 0:05:59.599
<v Speaker 9>said had favored a foreign buyer to open up the

0:05:59.640 --> 0:06:03.760
<v Speaker 9>sector to more foreign competition. UBS, which owns Credit Sueese,

0:06:04.080 --> 0:06:06.960
<v Speaker 9>we then have to decide, not knowing if regulators would

0:06:07.000 --> 0:06:10.640
<v Speaker 9>greenlight the local offer, and other players may enter the

0:06:10.680 --> 0:06:14.039
<v Speaker 9>fray as well. In On Kong, Brian Curtis, Bloomberg Radio.

0:06:14.440 --> 0:06:16.680
<v Speaker 2>All right, thanks Brian, and Bloomberg News has learned the

0:06:16.680 --> 0:06:20.200
<v Speaker 2>Walt Disney Company has signed a binding pack with Reliance

0:06:20.279 --> 0:06:24.160
<v Speaker 2>Industries to merge their media operations in India. Disney's been

0:06:24.200 --> 0:06:28.240
<v Speaker 2>grappling with challenges in India like retaining subscribers and securing

0:06:28.360 --> 0:06:32.120
<v Speaker 2>media assets. Together, the two companies will make a formidable

0:06:32.320 --> 0:06:36.800
<v Speaker 2>media behemoth in one of the world's fastest growing entertainment markets.

0:06:40.200 --> 0:06:41.440
<v Speaker 3>Now it's time to take a look at some of

0:06:41.480 --> 0:06:43.559
<v Speaker 3>the other stories making news in New York and around

0:06:43.600 --> 0:06:45.760
<v Speaker 3>the world, and for that we bring in Bloomberg's Michael Barer.

0:06:45.800 --> 0:06:48.640
<v Speaker 5>Good morning, Michael, Good morning, Nathan. New York Governor Cathy

0:06:48.680 --> 0:06:53.240
<v Speaker 5>hokals mandate that state moves to zero emission school buses

0:06:53.360 --> 0:06:56.800
<v Speaker 5>is getting pushed back by some state Senate Republicans and

0:06:56.920 --> 0:07:01.240
<v Speaker 5>local officials. They believe the entire transition scheduled for twenty

0:07:01.320 --> 0:07:05.520
<v Speaker 5>thirty five, is not affordable on its current timeline. State

0:07:05.560 --> 0:07:09.400
<v Speaker 5>Senator Stephen Rhodes spoke with other officials at gathering in

0:07:09.440 --> 0:07:10.760
<v Speaker 5>Elevittown yesterday.

0:07:11.240 --> 0:07:14.520
<v Speaker 10>Some of the reasons why we're here encouraging the governor,

0:07:14.920 --> 0:07:18.480
<v Speaker 10>encouraging the state legislature to pump the brakes on this

0:07:18.560 --> 0:07:22.560
<v Speaker 10>electric bus mandate until the technology catches up and.

0:07:22.600 --> 0:07:25.680
<v Speaker 11>Until we have an actual plan to be able to

0:07:25.760 --> 0:07:26.360
<v Speaker 11>implement this.

0:07:26.760 --> 0:07:29.160
<v Speaker 5>The measure, which passed in the twenty twenty two to

0:07:29.200 --> 0:07:32.640
<v Speaker 5>twenty three New York State budget, would also bar school

0:07:32.640 --> 0:07:36.320
<v Speaker 5>districts from purchasing diesel fueled buses. At the end of

0:07:36.400 --> 0:07:39.600
<v Speaker 5>June of twenty twenty seven, we're learning more details about

0:07:39.600 --> 0:07:41.760
<v Speaker 5>a deadly fire in New York City that left one

0:07:41.760 --> 0:07:46.280
<v Speaker 5>person dead and required firefighters to rescue trapped residents. The

0:07:46.320 --> 0:07:50.840
<v Speaker 5>two alarm blaze erupting in the Harlem neighborhood Friday also

0:07:51.000 --> 0:07:54.960
<v Speaker 5>left seventeen people hurt. Investigators in New York City a

0:07:55.000 --> 0:07:58.920
<v Speaker 5>lithium ion battery is to blame. Reaction continues after the

0:07:58.960 --> 0:08:02.880
<v Speaker 5>Alabama Supreme Court ort's decision that frozen embryos should be

0:08:02.960 --> 0:08:07.080
<v Speaker 5>considered people. The state's Republican governor now says she's working

0:08:07.120 --> 0:08:12.120
<v Speaker 5>on a solution with GOP lawmakers to protect IVF access

0:08:12.160 --> 0:08:15.240
<v Speaker 5>in the state. As of now, families in Alabama have

0:08:15.320 --> 0:08:18.720
<v Speaker 5>been left waiting as the implications of the court decision

0:08:18.760 --> 0:08:22.160
<v Speaker 5>of being felt across the country. Senator Tammy Duckworth of

0:08:22.200 --> 0:08:24.880
<v Speaker 5>Illinois is a past user of IVF.

0:08:25.320 --> 0:08:27.880
<v Speaker 11>In my case, when we have five fertilized eggs and

0:08:28.120 --> 0:08:30.800
<v Speaker 11>three were non viable when my doctor discarded those with

0:08:30.920 --> 0:08:36.160
<v Speaker 11>my consent, that woul could be considered potentially manslaughter or murder. Basically,

0:08:36.240 --> 0:08:39.800
<v Speaker 11>Republicans have put the rights of a fertilized egg over

0:08:39.840 --> 0:08:42.240
<v Speaker 11>the rights of the woman, and that is not something

0:08:42.240 --> 0:08:44.400
<v Speaker 11>that I think the American people agree with.

0:08:44.920 --> 0:08:49.040
<v Speaker 5>Senator Duckworth spoke on ABC's This Week Heard Sundays on Bloomberg.

0:08:49.600 --> 0:08:52.959
<v Speaker 5>There are more details on what killed beloved Flacco. The

0:08:53.080 --> 0:08:56.160
<v Speaker 5>owl mourners in New York are now leaving flowers and

0:08:56.280 --> 0:08:59.240
<v Speaker 5>letters for the Eurasian eagl aal at his favorite tree

0:08:59.280 --> 0:09:03.400
<v Speaker 5>in Central Park. Flacco's flight stardom again in February of

0:09:03.480 --> 0:09:06.240
<v Speaker 5>last year when someone broke into the Central Park Zoo

0:09:06.640 --> 0:09:10.439
<v Speaker 5>and freedom. He spent the last year out of captivity

0:09:10.720 --> 0:09:13.360
<v Speaker 5>and became part of the talk of not just New York,

0:09:13.440 --> 0:09:17.000
<v Speaker 5>but the nation's believe Flacco flew into the window of

0:09:17.040 --> 0:09:20.680
<v Speaker 5>a building and suffered fatal injuries Friday. Emily Einhorn is

0:09:20.720 --> 0:09:22.640
<v Speaker 5>with the Wild Bird Fund.

0:09:23.120 --> 0:09:27.080
<v Speaker 3>He suffered a double concussion, first from colliding with the

0:09:27.080 --> 0:09:31.400
<v Speaker 3>window and then he actually, unfortunately faceplanted onto the pavement.

0:09:31.640 --> 0:09:34.520
<v Speaker 5>One member of an animal rights group, Sat Flacco captured

0:09:34.520 --> 0:09:38.079
<v Speaker 5>the world's attention. Everybody was rooting for him. Global News

0:09:38.120 --> 0:09:40.240
<v Speaker 5>twenty four hours a day and whenever you want it

0:09:40.280 --> 0:09:41.160
<v Speaker 5>with Bloomberg News.

0:09:41.160 --> 0:09:41.280
<v Speaker 10>Now.

0:09:41.360 --> 0:09:43.080
<v Speaker 5>I'm Michael Barr. This is Bloomberg Nathan.

0:09:43.160 --> 0:09:50.439
<v Speaker 3>Okay, Michael, thank you time now for the Bloomberg Sports Update,

0:09:50.480 --> 0:09:52.960
<v Speaker 3>brought to you by Trice State OUTI. Here's John Stashau,

0:09:53.120 --> 0:09:53.640
<v Speaker 3>It's Nathan.

0:09:53.720 --> 0:09:55.960
<v Speaker 12>The Rangers lost to the Garden of Vegas back on

0:09:56.080 --> 0:10:00.720
<v Speaker 12>January twenty sixth. Family lost February twenty fifth, Columbus. In

0:10:00.760 --> 0:10:03.040
<v Speaker 12>between the play ten games and won all ten. The

0:10:03.160 --> 0:10:05.720
<v Speaker 12>wins Saturday in Philadelphia tied the club record for longest

0:10:05.720 --> 0:10:07.240
<v Speaker 12>win streak. But then they had to travel play a

0:10:07.280 --> 0:10:10.160
<v Speaker 12>game last night and the Blue Jackets scored three times

0:10:10.200 --> 0:10:12.680
<v Speaker 12>second period of one, four to two. Ranger coach Peter

0:10:12.800 --> 0:10:14.920
<v Speaker 12>Lobiolett asked about playing back to back.

0:10:15.280 --> 0:10:18.040
<v Speaker 13>We needed to win a game tonight. There's no there's

0:10:18.080 --> 0:10:20.760
<v Speaker 13>no excuses with the schedule, the schedules, the schedule. Everybody

0:10:20.760 --> 0:10:23.640
<v Speaker 13>catches back to the backs. We're expected to be able

0:10:23.679 --> 0:10:26.720
<v Speaker 13>to handle that and tonight it wasn't wasn't our best.

0:10:26.800 --> 0:10:29.880
<v Speaker 13>We'll learn from it. We played the same MEAs opponent

0:10:30.080 --> 0:10:33.400
<v Speaker 13>on the solo. We'll look to fix some things and

0:10:33.679 --> 0:10:34.560
<v Speaker 13>get back at it.

0:10:34.840 --> 0:10:37.960
<v Speaker 12>Majors and Blue Jackets play again Wednesday at MSG where

0:10:38.040 --> 0:10:41.839
<v Speaker 12>yesterday Saint John's upset fifteenth rank Creighton eighty to sixty six.

0:10:41.920 --> 0:10:44.959
<v Speaker 12>The same Creighton team that had just beaten Yukon, the

0:10:45.040 --> 0:10:47.280
<v Speaker 12>unanimous number one team in the nation by nineteen. The

0:10:47.320 --> 0:10:50.480
<v Speaker 12>same Saint John's team, then last Sunday blew a nineteen

0:10:50.520 --> 0:10:52.960
<v Speaker 12>point late to Seaton Hall, their eight loss in ten games.

0:10:52.960 --> 0:10:55.280
<v Speaker 12>That's the game that led our coach Rick Patino to

0:10:55.280 --> 0:10:59.000
<v Speaker 12>call the Saint John's players unathletic. Patino said then that

0:10:59.080 --> 0:11:02.320
<v Speaker 12>this was the most un enjoyable experience of his life. Yesterday,

0:11:02.360 --> 0:11:05.640
<v Speaker 12>Patino wore a white suit seemed to enjoy the win. NBA,

0:11:05.679 --> 0:11:08.280
<v Speaker 12>the Warriors lost to Denver. The Wizards lost to Cleveland

0:11:08.280 --> 0:11:11.760
<v Speaker 12>and Tampa. Juan Soto in Penstrive for the first time,

0:11:12.080 --> 0:11:14.800
<v Speaker 12>hit a three run opposite field, home or off the scoreboard.

0:11:14.840 --> 0:11:16.720
<v Speaker 12>Aaron Judge two hits at his two at bats. He

0:11:16.760 --> 0:11:20.359
<v Speaker 12>played center field and was then replaced by Top prospects

0:11:20.400 --> 0:11:23.240
<v Speaker 12>six foot six in Spencer Jones. He went two for two.

0:11:23.720 --> 0:11:26.520
<v Speaker 12>He went three for three on Saturday. That top free

0:11:26.520 --> 0:11:28.760
<v Speaker 12>agent that was still on side has his deal. Cody

0:11:28.800 --> 0:11:32.360
<v Speaker 12>Ballinger stayed with the Cubs three years eighty million NLMVP

0:11:32.480 --> 0:11:34.680
<v Speaker 12>for the Dodgers in twenty nineteen. He then had some

0:11:34.760 --> 0:11:37.920
<v Speaker 12>rough seasons, but last season in Chicago, Bellinger hit over

0:11:37.960 --> 0:11:38.520
<v Speaker 12>three hundred and.

0:11:38.480 --> 0:11:39.360
<v Speaker 5>Twenty six home runs.

0:11:39.440 --> 0:11:42.480
<v Speaker 12>Jake Knapp, twenty nine year old PGA Tour rookie, won

0:11:42.520 --> 0:11:46.000
<v Speaker 12>the golf in Mexico. He qualifies to play the upcoming Masters.

0:11:46.200 --> 0:11:48.640
<v Speaker 12>John stash Away En Broot Sports Sneathan.

0:11:48.480 --> 0:11:50.440
<v Speaker 3>Okay, John, thank you. Now let's get back to what's

0:11:50.440 --> 0:11:53.320
<v Speaker 3>happening in the nation's capital. The US is now a

0:11:53.320 --> 0:11:55.520
<v Speaker 3>little bit more than four days away from its next

0:11:55.559 --> 0:11:59.760
<v Speaker 3>partial shutdown deadline, and now President Biden is calling Congressional

0:11:59.800 --> 0:12:01.920
<v Speaker 3>leader to the White House tomorrow to try to head

0:12:01.920 --> 0:12:04.040
<v Speaker 3>that off and to free up more than sixty billion

0:12:04.080 --> 0:12:06.480
<v Speaker 3>dollars in eight to Ukraine that remains locked in a

0:12:06.559 --> 0:12:09.800
<v Speaker 3>border dispute on Capitol Hill. For that and more, that's

0:12:09.840 --> 0:12:12.520
<v Speaker 3>happening in Washington, d C. We're joined by Bloomberg, new

0:12:12.600 --> 0:12:16.079
<v Speaker 3>Senior Editor, Bill Ferries. So, Bill, it seems as though

0:12:16.080 --> 0:12:19.479
<v Speaker 3>the White House was hoping that the two year anniversary

0:12:19.520 --> 0:12:23.440
<v Speaker 3>of Russia's invasion and the death of dissident leader Alexi

0:12:23.520 --> 0:12:27.840
<v Speaker 3>Navalny would add some more momentum to the Ukraine Aid.

0:12:28.080 --> 0:12:31.000
<v Speaker 3>Is there any evidence that it has that now?

0:12:32.360 --> 0:12:35.560
<v Speaker 6>Well, not really. You know, this is this Ukraine Aid

0:12:35.640 --> 0:12:38.720
<v Speaker 6>is something that we've now been talking about since late

0:12:38.840 --> 0:12:42.840
<v Speaker 6>last fall. Really at one point the President was pushing

0:12:42.880 --> 0:12:45.280
<v Speaker 6>for it to be taken care of before the end

0:12:45.280 --> 0:12:48.440
<v Speaker 6>of year holidays, and here we are now heading into March,

0:12:48.559 --> 0:12:51.679
<v Speaker 6>and there's still no sign of a political breakthrough that

0:12:51.720 --> 0:12:55.839
<v Speaker 6>would free up the sixty billion dollars that Ukraine supporters

0:12:55.880 --> 0:13:01.520
<v Speaker 6>here and President Boltimore Zelenski say he needs by really

0:13:01.600 --> 0:13:04.480
<v Speaker 6>the within a month if he's going to keep fending

0:13:04.520 --> 0:13:09.600
<v Speaker 6>off these Russian offensives on this twelve hundred kilometer border

0:13:09.640 --> 0:13:13.679
<v Speaker 6>that he shares with Russia. Now, so it's it's a

0:13:13.720 --> 0:13:16.440
<v Speaker 6>pretty dire time. But as you mentioned, there's a lot

0:13:16.520 --> 0:13:21.040
<v Speaker 6>going on in Washington with the possible possible partial shutdown,

0:13:21.400 --> 0:13:23.559
<v Speaker 6>and it's not clear that this breakthrough will be able

0:13:23.600 --> 0:13:25.600
<v Speaker 6>to happen with all that going on.

0:13:26.080 --> 0:13:28.320
<v Speaker 3>Does that raise the risk then that we could see

0:13:28.320 --> 0:13:30.240
<v Speaker 3>a partial government shut down by the end of the

0:13:30.240 --> 0:13:31.959
<v Speaker 3>week if they don't come to some kind of agreement

0:13:32.000 --> 0:13:32.680
<v Speaker 3>on the foreign aid.

0:13:33.920 --> 0:13:34.160
<v Speaker 5>Yeah.

0:13:34.200 --> 0:13:37.080
<v Speaker 6>Absolutely, I think you know you've got this. It's you know,

0:13:37.400 --> 0:13:39.960
<v Speaker 6>let's say about half a dozen agencies that are involved

0:13:40.200 --> 0:13:42.440
<v Speaker 6>that would run out of funding this week, and then

0:13:42.559 --> 0:13:46.920
<v Speaker 6>additional a whole other slew of departments that would face

0:13:46.960 --> 0:13:50.400
<v Speaker 6>the same fate just a week from now. So those

0:13:50.440 --> 0:13:53.679
<v Speaker 6>talks have always been contentious. This is I think I'll

0:13:53.960 --> 0:13:55.959
<v Speaker 6>probably get this wrong, but it's at least the third

0:13:56.000 --> 0:14:01.880
<v Speaker 6>extension on the budget for these agencies, and with an

0:14:01.920 --> 0:14:04.880
<v Speaker 6>April deadline, a kind of a last minute deadline, there's

0:14:04.920 --> 0:14:08.560
<v Speaker 6>not a lot of time for people to find the

0:14:08.600 --> 0:14:10.200
<v Speaker 6>compromise that they need at this point.

0:14:10.559 --> 0:14:13.400
<v Speaker 3>That April thirtieth deadline, I believe, is when automatic cuts

0:14:13.520 --> 0:14:16.400
<v Speaker 3>kick in. So time, as they say, is of the

0:14:16.559 --> 0:14:21.080
<v Speaker 3>essence in the meantime bill. We're watching and waiting for

0:14:21.360 --> 0:14:25.480
<v Speaker 3>Israel to potentially carry out this offensive against the last

0:14:25.480 --> 0:14:29.080
<v Speaker 3>Hamas battalions in the southern city of Rafa. We've heard

0:14:29.160 --> 0:14:32.400
<v Speaker 3>Prime Minister Nintayaho promised that he's going to have a

0:14:32.440 --> 0:14:34.680
<v Speaker 3>plan to get civilians out of the way have we

0:14:34.720 --> 0:14:38.040
<v Speaker 3>gotten any further signs that that plan is actually going

0:14:38.120 --> 0:14:39.200
<v Speaker 3>to be put into fruition.

0:14:40.240 --> 0:14:44.640
<v Speaker 6>Well as of yesterday on Sunday, the Biden administration said

0:14:44.640 --> 0:14:47.360
<v Speaker 6>that they still hadn't seen any details of what that

0:14:47.440 --> 0:14:51.040
<v Speaker 6>plan would be in terms of evacuating or moving more

0:14:51.080 --> 0:14:54.800
<v Speaker 6>than a million Palestinians out of Rafa ahead of that offensive.

0:14:55.440 --> 0:14:59.760
<v Speaker 6>There's still some optimism that talks and Paris might produce

0:14:59.800 --> 0:15:03.760
<v Speaker 6>some kind of a temporary cease fire, but President or

0:15:04.080 --> 0:15:07.480
<v Speaker 6>Prime Minister Nenyaho has made clear he intends to send

0:15:07.520 --> 0:15:11.920
<v Speaker 6>his forces into Rafa either before or after that ceasefire

0:15:11.960 --> 0:15:15.240
<v Speaker 6>has reached. He said it's a critical part of destroying

0:15:15.240 --> 0:15:19.400
<v Speaker 6>Hamas and insuring peace, and whether it happens before or afterwards,

0:15:19.440 --> 0:15:20.240
<v Speaker 6>it's going to happen.

0:15:20.880 --> 0:15:23.080
<v Speaker 3>And just to close things out. With a lot of

0:15:23.080 --> 0:15:27.320
<v Speaker 3>developments now in the presidential race, we've heard the Coke

0:15:27.440 --> 0:15:30.360
<v Speaker 3>Network Americans for Prosperity Action now saying they're going to

0:15:30.440 --> 0:15:34.400
<v Speaker 3>divert their resources from supporting Nikki Haley to down ballot races,

0:15:34.440 --> 0:15:38.360
<v Speaker 3>and now multiple reports that Ronald McDaniel, the chair of

0:15:38.400 --> 0:15:41.720
<v Speaker 3>the Republican National Committee, is making plans to step down

0:15:41.720 --> 0:15:45.360
<v Speaker 3>a couple days after Super Tuesday, it seems as though

0:15:45.360 --> 0:15:49.800
<v Speaker 3>there's even more consolidation around a former President Trump's candidacy.

0:15:50.760 --> 0:15:50.960
<v Speaker 5>Yeah.

0:15:51.000 --> 0:15:54.560
<v Speaker 6>I think after the South Carolina primary, the stars are

0:15:55.120 --> 0:15:59.280
<v Speaker 6>increasingly aligning for Donald Trump to be the de facto nominee.

0:16:00.120 --> 0:16:03.240
<v Speaker 6>You know, it was a big defeat for Haley in

0:16:03.280 --> 0:16:06.520
<v Speaker 6>her home state, and there's really been no polling that

0:16:06.880 --> 0:16:10.120
<v Speaker 6>suggests the results will be any different on Super Tuesday.

0:16:10.360 --> 0:16:13.040
<v Speaker 6>There's still time. She does still have donors with her,

0:16:13.120 --> 0:16:16.800
<v Speaker 6>she still has some money, but the odds are getting

0:16:17.240 --> 0:16:19.840
<v Speaker 6>appearing longer and longer for her to have any kind

0:16:19.880 --> 0:16:23.040
<v Speaker 6>of an upset that she can claim to help justify

0:16:23.120 --> 0:16:24.760
<v Speaker 6>staying in the race even longer.

0:16:27.160 --> 0:16:30.080
<v Speaker 1>This is Bloomberg day Break Today, your morning brief on

0:16:30.120 --> 0:16:33.680
<v Speaker 1>the story's making news from Wall Street to Washington and beyond.

0:16:33.880 --> 0:16:36.880
<v Speaker 2>Look for us on your podcast feed by six am

0:16:37.000 --> 0:16:41.200
<v Speaker 2>Eastern each morning on Apple, Spotify, and anywhere else you

0:16:41.240 --> 0:16:42.360
<v Speaker 2>get your podcasts.

0:16:42.600 --> 0:16:45.320
<v Speaker 1>You can also listen live each morning starting at five

0:16:45.360 --> 0:16:48.000
<v Speaker 1>am Wall Street time on Bloomberg eleven three to zero

0:16:48.000 --> 0:16:50.880
<v Speaker 1>in New York, Bloomberg ninety nine to one in Washington,

0:16:50.960 --> 0:16:54.160
<v Speaker 1>Bloomberg one six to one in Boston, and Bloomberg ninety

0:16:54.200 --> 0:16:55.560
<v Speaker 1>sixty in San Francisco.

0:16:55.760 --> 0:16:59.280
<v Speaker 2>Our flagship New York station is also available on your

0:16:59.360 --> 0:17:04.840
<v Speaker 2>Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus.

0:17:04.960 --> 0:17:08.359
<v Speaker 1>Listen coast to coast on the Bloomberg Business app, Sirius XM,

0:17:08.480 --> 0:17:12.760
<v Speaker 1>the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager.

0:17:12.640 --> 0:17:16.159
<v Speaker 2>And I'm Maybe Morris. Join us again tomorrow morning for

0:17:16.359 --> 0:17:19.040
<v Speaker 2>all the news you need to start your day right

0:17:19.080 --> 0:17:20.760
<v Speaker 2>here on Bloomberg Daybreak