1
00:00:02,440 --> 00:00:04,880
Speaker 1: Good morning. It's Monday, the fifteenth of January here in London.

2
00:00:04,920 --> 00:00:08,720
Speaker 1: This is the Blueberg daybak At podcast. I'm Caroline Hepkitt.

3
00:00:08,520 --> 00:00:11,640
Speaker 2: And I'm Stephen Carroll. Coming up today, UK police arrests

4
00:00:11,840 --> 00:00:15,080
Speaker 2: six people over a plot against the London Stock Exchange.

5
00:00:15,200 --> 00:00:18,560
Speaker 1: After one hundred days of war, Israel shows no signs

6
00:00:18,600 --> 00:00:21,320
Speaker 1: of backing down in its battle with her mass as

7
00:00:21,320 --> 00:00:23,520
Speaker 1: the risks of a wider conflict grow.

8
00:00:23,840 --> 00:00:28,720
Speaker 2: Plus looking westwards, Taiwanese voters defy warnings from China and

9
00:00:28,760 --> 00:00:30,920
Speaker 2: elect a US friendly president.

10
00:00:31,160 --> 00:00:33,279
Speaker 1: Let's start with a roundup of our top stories.

11
00:00:34,280 --> 00:00:36,879
Speaker 2: Six people have been arrested over and alleged plot to

12
00:00:36,920 --> 00:00:40,480
Speaker 2: disrupt trading at the London Stock Exchange today. Police say

13
00:00:40,520 --> 00:00:43,280
Speaker 2: the pro Palestine activists were planning to cause damage to

14
00:00:43,320 --> 00:00:46,800
Speaker 2: the LSE and prevent the building from opening. Brooks Chris

15
00:00:46,840 --> 00:00:47,800
Speaker 2: bitt Ha's the story.

16
00:00:48,520 --> 00:00:52,240
Speaker 3: The activists from the Palestine Action Group allegedly planned to

17
00:00:52,320 --> 00:00:55,760
Speaker 3: lock themselves onto the exchange's entrance with the hope of

18
00:00:55,840 --> 00:01:00,440
Speaker 3: preventing trading. Today, Monday, the fifteenth of January, man one

19
00:01:00,480 --> 00:01:03,320
Speaker 3: hundred days since the start of the war in Gaza.

20
00:01:04,000 --> 00:01:07,480
Speaker 3: In a statement, the Metropolitan Police said it's also taking

21
00:01:07,560 --> 00:01:11,600
Speaker 3: further precautions against the suggestion that the plot against the

22
00:01:11,760 --> 00:01:15,400
Speaker 3: LSSE was one part of a planned week of action.

23
00:01:16,160 --> 00:01:19,680
Speaker 3: The arrests came as the UK continues to see widespread

24
00:01:19,720 --> 00:01:23,679
Speaker 3: protests against the war in Gaza since it began in October,

25
00:01:24,040 --> 00:01:27,440
Speaker 3: with another rally held this weekend in London calling for

26
00:01:27,480 --> 00:01:31,320
Speaker 3: an immediate cease fire in London Chris Pitt Bloomberg Radio.

27
00:01:32,160 --> 00:01:35,360
Speaker 1: The protests in London come as Big Minister Ishi Sunac

28
00:01:35,400 --> 00:01:39,080
Speaker 1: faces Parliament for the first time since ordering air strikes

29
00:01:39,120 --> 00:01:42,440
Speaker 1: on who these in Yemen. The British government says that

30
00:01:42,560 --> 00:01:46,160
Speaker 1: it is prepared to take further action alongside the US

31
00:01:46,240 --> 00:01:50,120
Speaker 1: if necessary. Here's the Foreign Secretary, David Cameron, and.

32
00:01:50,120 --> 00:01:52,360
Speaker 4: It's hard to think of a time when there's been

33
00:01:52,360 --> 00:01:56,120
Speaker 4: so much danger and insecurity and instability in the world.

34
00:01:56,200 --> 00:01:59,280
Speaker 4: The lights are absolutely flashing red, as it were on

35
00:01:59,320 --> 00:02:02,360
Speaker 4: the global dashboard. And what we need at that time

36
00:02:02,560 --> 00:02:05,080
Speaker 4: is strong leadership and a clear plan. That's what we

37
00:02:05,160 --> 00:02:08,320
Speaker 4: have with the Prime Minister and the team. If you

38
00:02:08,440 --> 00:02:11,760
Speaker 4: don't act against the Huthi's in the Red Sea, you're

39
00:02:11,800 --> 00:02:13,280
Speaker 4: going to see more attacks.

40
00:02:14,480 --> 00:02:18,000
Speaker 1: Cameron also noted broad support in Parliament for the move,

41
00:02:18,120 --> 00:02:21,480
Speaker 1: with the labor leader Kiss Dama backing it. Huthy rebels

42
00:02:21,520 --> 00:02:24,960
Speaker 1: have vowed to target US and UK commercial vessels since

43
00:02:25,000 --> 00:02:27,799
Speaker 1: the Allies launched air strikes against the group.

44
00:02:29,000 --> 00:02:32,919
Speaker 2: Taiwanese voters have elected the country's current Vice president, Lei

45
00:02:33,000 --> 00:02:36,000
Speaker 2: Ching Tay as their new leader. The result puts a

46
00:02:36,000 --> 00:02:39,520
Speaker 2: man in power who had been branded quote an instigator

47
00:02:39,639 --> 00:02:43,799
Speaker 2: of war by Beijing. In his acceptance speech, lie vowed

48
00:02:43,880 --> 00:02:48,239
Speaker 2: that Taiwan would walk side by side with democracies around

49
00:02:48,240 --> 00:02:50,440
Speaker 2: the globe.

50
00:02:50,560 --> 00:02:53,280
Speaker 5: I want to thank the Taiwanese people for writing a

51
00:02:53,360 --> 00:02:56,960
Speaker 5: new chapter in our democracy. We have shown the world

52
00:02:57,240 --> 00:03:02,760
Speaker 5: how much we cherish our democracy. Uses are on wavery commitment.

53
00:03:03,200 --> 00:03:06,120
Speaker 2: The words of Taiwan's new leader, spoken there by a translator.

54
00:03:06,360 --> 00:03:10,360
Speaker 2: Lies victory over opposition parties willing to restart dialogue with

55
00:03:10,480 --> 00:03:13,480
Speaker 2: China is a blow for Beijing's ambitions to have greater

56
00:03:13,639 --> 00:03:17,320
Speaker 2: influence over the island it considers a breakaway province.

57
00:03:18,400 --> 00:03:21,120
Speaker 1: The US state of Iowa kicks off the race for

58
00:03:21,200 --> 00:03:25,680
Speaker 1: the twenty twenty four Republican presidential nomination today. Caucuses are

59
00:03:25,680 --> 00:03:28,520
Speaker 1: set to take place this evening, but there are fears

60
00:03:28,600 --> 00:03:33,200
Speaker 1: that sub zero temperatures of below minus thirty could damp

61
00:03:33,240 --> 00:03:36,800
Speaker 1: and turn out. Polling shows that the former president Donald

62
00:03:36,840 --> 00:03:40,240
Speaker 1: Trump has more than a thirty percentage point lead of

63
00:03:40,400 --> 00:03:45,160
Speaker 1: rivals Ron DeSantis and Nikki Hayley, but Haley says it

64
00:03:45,240 --> 00:03:46,760
Speaker 1: is all still to play for.

65
00:03:48,240 --> 00:03:50,520
Speaker 6: Make sure that you go and make a difference. Iowa

66
00:03:50,680 --> 00:03:53,560
Speaker 6: sets the tongue or where the country goes when it

67
00:03:53,600 --> 00:03:57,160
Speaker 6: comes to these elections. There are no foregone conclusions.

68
00:03:57,960 --> 00:03:58,200
Speaker 7: Well.

69
00:03:58,240 --> 00:04:01,800
Speaker 1: Hailey and DeSantis are widely to be battling for second place.

70
00:04:01,840 --> 00:04:05,560
Speaker 1: Trump has also tempered expectations in recent days would turn

71
00:04:05,600 --> 00:04:08,320
Speaker 1: out likely to be suppressed by the bad weather.

72
00:04:09,800 --> 00:04:12,280
Speaker 2: US rolemakers may have found a way to avoid parts

73
00:04:12,280 --> 00:04:15,360
Speaker 2: of the US government being closed from this weekend. Their

74
00:04:15,360 --> 00:04:18,640
Speaker 2: solution could risk Republican backlash against the House Speaker, though

75
00:04:18,640 --> 00:04:20,520
Speaker 2: Bloomberg's Doan Schwartzman has more.

76
00:04:21,480 --> 00:04:24,599
Speaker 8: Congress has unveiled the stopgap spending built a verta partial

77
00:04:24,600 --> 00:04:28,080
Speaker 8: government shutdown that would take place on January twentieth. The

78
00:04:28,160 --> 00:04:30,760
Speaker 8: temporary spending bill would fund the agencies that face the

79
00:04:30,839 --> 00:04:33,960
Speaker 8: January twentieth deadline until March first, while the bill would

80
00:04:33,960 --> 00:04:36,320
Speaker 8: fund the agencies that would shut down on February second.

81
00:04:36,520 --> 00:04:39,599
Speaker 8: Until March eighth. The Senate will next begin procedural votes

82
00:04:39,600 --> 00:04:42,800
Speaker 8: on the stopgap bill on Tuesday. Senate Majority Leader Chuck

83
00:04:42,839 --> 00:04:46,120
Speaker 8: Schumer says it will take bipartisan supporting both branches of

84
00:04:46,200 --> 00:04:49,719
Speaker 8: Congress to pass the bill. House Majority Leader Mike Johnson

85
00:04:49,720 --> 00:04:52,520
Speaker 8: defended the deal, saying it eliminates many of the budget

86
00:04:52,600 --> 00:04:55,400
Speaker 8: quote gimmicks. Dan Schwartzman, Bloomberg Radio.

87
00:04:56,480 --> 00:04:59,320
Speaker 1: The UK housing market has started the years strong with

88
00:04:59,400 --> 00:05:01,920
Speaker 1: a jump in on skiing prices. According to right Move,

89
00:05:02,000 --> 00:05:05,000
Speaker 1: sellers asked for one point three percent more on average

90
00:05:05,000 --> 00:05:07,560
Speaker 1: for their homes in January. That is the biggest monthly

91
00:05:07,680 --> 00:05:11,800
Speaker 1: rise since May twenty twenty three. The online property portal

92
00:05:11,880 --> 00:05:14,200
Speaker 1: said that this month marked the best start to a

93
00:05:14,320 --> 00:05:17,360
Speaker 1: year since twenty twenty for the housing market, which has

94
00:05:17,400 --> 00:05:21,279
Speaker 1: so far defied predictions for a drop in prices of

95
00:05:21,400 --> 00:05:24,599
Speaker 1: ten percent or more. Tim Banister, who is Director of

96
00:05:24,600 --> 00:05:27,039
Speaker 1: Property Science at right Move, said that a surge in

97
00:05:27,120 --> 00:05:31,280
Speaker 1: buyers looking to pin down mortgages in an unsteady market

98
00:05:31,640 --> 00:05:35,480
Speaker 1: might be causing the momentum. Now let's turn our attention

99
00:05:35,960 --> 00:05:38,160
Speaker 1: to what's been happening in London and get you more

100
00:05:38,160 --> 00:05:41,200
Speaker 1: details on those arrests over a plot to disrupt the

101
00:05:41,240 --> 00:05:45,200
Speaker 1: London Stock Exchange. Bloomberg's James Waalcock is here with more.

102
00:05:45,400 --> 00:05:47,880
Speaker 1: What do we know then about the plot to target

103
00:05:47,920 --> 00:05:48,400
Speaker 1: the LSE?

104
00:05:48,920 --> 00:05:51,320
Speaker 9: So broadly, Caroline, we've got three stories here, which is

105
00:05:51,400 --> 00:05:54,520
Speaker 9: the police say they've arrested six on conspiracy to cause

106
00:05:54,520 --> 00:05:57,360
Speaker 9: criminal damage and that is a suspicion of they having

107
00:05:57,680 --> 00:06:00,839
Speaker 9: issued criminal charges in that case yet. And they're basically

108
00:06:00,880 --> 00:06:02,880
Speaker 9: saying that these sort of lock on tactics were planned.

109
00:06:02,880 --> 00:06:05,560
Speaker 9: They're similar to sort of just stop oil where protesters

110
00:06:05,600 --> 00:06:09,280
Speaker 9: glue themselves or attach themselves in some way, and these

111
00:06:09,320 --> 00:06:11,960
Speaker 9: were supposed to be coming today. These protesters were plying

112
00:06:12,000 --> 00:06:15,000
Speaker 9: to try and get in before trading started, lock themselves

113
00:06:15,000 --> 00:06:17,840
Speaker 9: into the lyse and prevent trading from happening. So then

114
00:06:17,880 --> 00:06:20,279
Speaker 9: we also know from Daily Express report to Max Parry,

115
00:06:20,320 --> 00:06:23,440
Speaker 9: he's been an undercover journalist inside this group Palisin Action,

116
00:06:23,839 --> 00:06:26,360
Speaker 9: and he gave the information to the police that they

117
00:06:26,440 --> 00:06:28,880
Speaker 9: acted on. And so he has some quotes that he

118
00:06:28,920 --> 00:06:31,760
Speaker 9: says are from meetings internally where I'm going to read

119
00:06:31,800 --> 00:06:34,039
Speaker 9: you one saying people can trade on their phones nowadays,

120
00:06:34,040 --> 00:06:35,640
Speaker 9: but there's going to be a lot of computers in

121
00:06:35,680 --> 00:06:38,120
Speaker 9: there that people aren't going to have access to They've

122
00:06:38,120 --> 00:06:40,159
Speaker 9: got one hundreds of millions of pounds worth of shares,

123
00:06:40,240 --> 00:06:43,400
Speaker 9: so that's the thinking of the group. Now it's worth

124
00:06:43,440 --> 00:06:46,320
Speaker 9: pointing out no physical trading takes place at the LSE,

125
00:06:46,800 --> 00:06:48,880
Speaker 9: so it is unlikely that trading would have been affected.

126
00:06:48,920 --> 00:06:50,760
Speaker 9: The LC haven't commented to us for the sake of

127
00:06:50,800 --> 00:06:53,960
Speaker 9: the story, but this week of action was broad designed

128
00:06:53,960 --> 00:06:57,400
Speaker 9: to try and cause chaos for any British company that

129
00:06:57,560 --> 00:07:00,800
Speaker 9: is seen to be enabling Israel or the IDF in

130
00:07:00,839 --> 00:07:02,960
Speaker 9: some way. And the third story we have is from

131
00:07:02,960 --> 00:07:05,359
Speaker 9: the Past Action Group themselves, who on x have issued

132
00:07:05,360 --> 00:07:09,080
Speaker 9: a statement saying that an undercoon journalists did infiltrate them,

133
00:07:09,240 --> 00:07:10,920
Speaker 9: but their action will remain undeterred.

134
00:07:11,120 --> 00:07:13,000
Speaker 2: Okay, James, this is all happening on a day when

135
00:07:13,000 --> 00:07:16,120
Speaker 2: we're expecting the Prime Minister Risu Sunak to update Parliament

136
00:07:16,160 --> 00:07:19,760
Speaker 2: on the UK's participation in air strikes against Houthi militants

137
00:07:19,760 --> 00:07:21,560
Speaker 2: in Yemen. What are we expecting to hear from the

138
00:07:21,560 --> 00:07:22,080
Speaker 2: Prime Minister.

139
00:07:22,640 --> 00:07:24,400
Speaker 9: Well, this will be the first time he's talked to

140
00:07:24,440 --> 00:07:27,760
Speaker 9: Parliament since ordering the strike, Stephen, and we aren't expecting

141
00:07:27,760 --> 00:07:30,240
Speaker 9: too much in the way political fireworks because the labor

142
00:07:30,320 --> 00:07:33,200
Speaker 9: eater Keir Starmer has backed the strikes, which means most

143
00:07:33,280 --> 00:07:36,560
Speaker 9: parliamentarians by necessity it will be in support. It will

144
00:07:36,600 --> 00:07:38,640
Speaker 9: be interesting to see where some of the differences lie.

145
00:07:39,200 --> 00:07:41,200
Speaker 9: But the other side is in today in Lancaster House,

146
00:07:41,200 --> 00:07:43,480
Speaker 9: Grant Shaps, one of the ministers in the government, is

147
00:07:43,480 --> 00:07:45,640
Speaker 9: going to announce that twenty thousand personnel from the British

148
00:07:45,680 --> 00:07:48,960
Speaker 9: Enforces will be sent to multiple European countries as part

149
00:07:49,000 --> 00:07:51,400
Speaker 9: of the largest NATO deployment since the end of the

150
00:07:51,400 --> 00:07:53,680
Speaker 9: Cold War. So what will be interesting as well is

151
00:07:53,720 --> 00:07:56,520
Speaker 9: to kind of see this global picture from the Prime

152
00:07:56,520 --> 00:07:58,640
Speaker 9: Minister as you mean you heard from David Cameron and

153
00:07:58,640 --> 00:08:02,360
Speaker 9: the Burton just there talking about this global age of insecurity.

154
00:08:02,840 --> 00:08:05,640
Speaker 9: All this ahead of the week. We'll see on Tuesday

155
00:08:05,640 --> 00:08:07,960
Speaker 9: they're awander Bilt with immigration. That's where you'll see the

156
00:08:07,960 --> 00:08:11,880
Speaker 9: real political fireworks as this global insecurity comes back domestically

157
00:08:11,920 --> 00:08:12,880
Speaker 9: in the ways of immigration.

158
00:08:13,160 --> 00:08:15,920
Speaker 1: Yeah. Absolutely, James, thank you so much for being with us.

159
00:08:15,920 --> 00:08:18,840
Speaker 1: That is Bloomberg's James Wilcock. They're bringing us. Then, the

160
00:08:18,920 --> 00:08:22,640
Speaker 1: latest details over those arrests on Sunday about a plot

161
00:08:22,640 --> 00:08:26,800
Speaker 1: to disrupt the London Stock Exchange in terms of well,

162
00:08:26,920 --> 00:08:30,160
Speaker 1: we are now one hundred days into the Israel Hamas war.

163
00:08:30,600 --> 00:08:33,680
Speaker 2: Yeah, let's get the latest from the Middle East. Now,

164
00:08:33,840 --> 00:08:37,080
Speaker 2: the US has shut down a cruise missile fired at

165
00:08:37,120 --> 00:08:39,800
Speaker 2: one of its ships from a hoothy militant area of

166
00:08:39,960 --> 00:08:42,120
Speaker 2: VM and we have our Middle East Economy and Government

167
00:08:42,240 --> 00:08:45,360
Speaker 2: editor Paul Wallace with us for more. Paul, what, first

168
00:08:45,360 --> 00:08:47,720
Speaker 2: of all can you tell us about these latest exchanges

169
00:08:47,760 --> 00:08:49,599
Speaker 2: of fire and the Red Sea?

170
00:08:49,920 --> 00:08:54,839
Speaker 7: Hi, Stephen, So this one was successfully intercepted, as as

171
00:08:54,960 --> 00:08:57,680
Speaker 7: most missiles shot by the Hooties have been by either

172
00:08:57,679 --> 00:09:00,920
Speaker 7: the US or it's allies since the up taking attacks

173
00:09:01,200 --> 00:09:05,120
Speaker 7: since mid November. But I think what yesterday's incident shows

174
00:09:05,160 --> 00:09:09,959
Speaker 7: is that the Hoofy still retain the capability and willingness

175
00:09:10,040 --> 00:09:15,120
Speaker 7: to attack vessels in the Red Sea despite all the

176
00:09:15,200 --> 00:09:19,679
Speaker 7: strikes we saw on Friday morning and then again on Saturday,

177
00:09:20,120 --> 00:09:23,040
Speaker 7: and the Hoofi's promised the retaliation and they said that

178
00:09:23,080 --> 00:09:28,080
Speaker 7: they would keep attacking commercial ships, and I think what

179
00:09:28,760 --> 00:09:32,840
Speaker 7: yesterday's effort shows is that they they're able to walk

180
00:09:32,840 --> 00:09:35,040
Speaker 7: the talk. We do have to see, however, where they

181
00:09:35,080 --> 00:09:39,720
Speaker 7: still are able to attack ships with quite you know,

182
00:09:39,920 --> 00:09:42,880
Speaker 7: quite the same scale as we've seen since the start

183
00:09:42,920 --> 00:09:43,320
Speaker 7: of the year.

184
00:09:44,360 --> 00:09:47,000
Speaker 1: What does all of this meant for shipping pool.

185
00:09:48,600 --> 00:09:52,800
Speaker 7: So the Red Sea is not closed off to ships,

186
00:09:52,800 --> 00:09:55,840
Speaker 7: and there are still plenty of commercial vessels going through it,

187
00:09:55,960 --> 00:09:59,280
Speaker 7: but way less than before. So if you're a Western

188
00:09:59,320 --> 00:10:02,160
Speaker 7: shipping company, if you're talking about an MSc or a

189
00:10:02,280 --> 00:10:06,120
Speaker 7: musk you're pretty much avoiding the Southern Red Sea entirely,

190
00:10:06,240 --> 00:10:08,880
Speaker 7: and that means you're avoiding the Sewerz Canal as well.

191
00:10:09,200 --> 00:10:12,680
Speaker 7: So for ships going between China and Europe, a lot

192
00:10:12,679 --> 00:10:15,400
Speaker 7: of them are now instead of going through the Sewers Canal,

193
00:10:15,440 --> 00:10:19,280
Speaker 7: they're going around the southern tip of Africa, and that's

194
00:10:19,320 --> 00:10:25,160
Speaker 7: adding days, it's not weeks onto journeys, putting up freight costs,

195
00:10:25,720 --> 00:10:31,239
Speaker 7: and so really adding to the costs of shipping containers

196
00:10:31,280 --> 00:10:36,480
Speaker 7: and all sorts of goods between between Asia and Europe.

197
00:10:37,840 --> 00:10:41,320
Speaker 2: Paul, you've also been writing about this milestone we've been

198
00:10:41,320 --> 00:10:44,840
Speaker 2: talking about in the Israel Hamas war one hundred days on. Now,

199
00:10:45,640 --> 00:10:48,080
Speaker 2: can you put in context for us how significant the

200
00:10:48,240 --> 00:10:52,040
Speaker 2: change has been across the region since the Harmas attack

201
00:10:52,080 --> 00:10:53,320
Speaker 2: on the seventh of October.

202
00:10:54,520 --> 00:10:57,880
Speaker 7: It really has been a huge it's to say it's

203
00:10:57,920 --> 00:11:01,000
Speaker 7: been a game changer, not just for for Israel and

204
00:11:01,440 --> 00:11:03,600
Speaker 7: the Palestinian territories, but for the Middle East. It's a

205
00:11:03,600 --> 00:11:07,120
Speaker 7: bit of an understatement. It really was an historic event

206
00:11:07,200 --> 00:11:11,240
Speaker 7: October the seventh, and it became clear very quickly when

207
00:11:11,360 --> 00:11:15,160
Speaker 7: Israel declared war on Hamas. This was October the seventh,

208
00:11:15,200 --> 00:11:18,600
Speaker 7: when twelve hundred people were killed in southern Israel by Hamas.

209
00:11:18,679 --> 00:11:23,320
Speaker 7: Was the biggest single a death toll of Jews since

210
00:11:23,360 --> 00:11:27,880
Speaker 7: the since the Holocaust, and Israel of course went in

211
00:11:27,960 --> 00:11:30,640
Speaker 7: and retaliated in Gaza in a very big way. We're

212
00:11:30,679 --> 00:11:34,520
Speaker 7: now one hundred days into this war. According to officials

213
00:11:34,520 --> 00:11:38,480
Speaker 7: in the in Hamas run Gaza, more than twenty four

214
00:11:38,559 --> 00:11:42,040
Speaker 7: thousand people there have been killed. So and this is

215
00:11:42,040 --> 00:11:45,800
Speaker 7: something that is going to continue for many more months.

216
00:11:45,840 --> 00:11:49,320
Speaker 7: It's not the rest of the year and beyond. The

217
00:11:49,400 --> 00:11:55,280
Speaker 7: israelis under increasing diplomatic pressure from Arab states, from European

218
00:11:55,280 --> 00:11:57,640
Speaker 7: states and even its may not eied the US to

219
00:11:57,720 --> 00:12:01,600
Speaker 7: de escalate in Gaza and to wind down its operations

220
00:12:01,600 --> 00:12:04,080
Speaker 7: in some way and to stop the sort of mass

221
00:12:04,559 --> 00:12:08,640
Speaker 7: bombardment of parts of Gaza. But Israeli officials are saying

222
00:12:08,640 --> 00:12:11,120
Speaker 7: they still have a lot to do they are intent

223
00:12:11,440 --> 00:12:16,080
Speaker 7: on destroying Hamas. That's their goal. It's very difficult to

224
00:12:16,480 --> 00:12:18,640
Speaker 7: a lot of people say that goal is unobtainable. You

225
00:12:18,720 --> 00:12:22,360
Speaker 7: can't just kill off this organization which is so deeply

226
00:12:22,440 --> 00:12:28,560
Speaker 7: rooted into Gazan society. So we're one hundred days in,

227
00:12:28,720 --> 00:12:32,160
Speaker 7: but we're nowhere near the end by the looks of things.

228
00:12:32,520 --> 00:12:34,880
Speaker 2: Okay, Paul, our Middle East Economy and Government aditorer, thank

229
00:12:34,880 --> 00:12:36,000
Speaker 2: you very much for joining us.

230
00:12:37,040 --> 00:12:41,199
Speaker 1: Now to Taiwan next, where the current Vice president Li

231
00:12:41,440 --> 00:12:45,600
Speaker 1: Chinta was elected as president over the weekend Live from

232
00:12:45,600 --> 00:12:49,360
Speaker 1: the ruling Democratic Progressive Party promised to keep peace across

233
00:12:49,400 --> 00:12:53,000
Speaker 1: the Taiwan straight with China, but Beijing has previously branded

234
00:12:53,040 --> 00:12:56,360
Speaker 1: him as an instigator of war. Let's go in our

235
00:12:56,440 --> 00:13:00,240
Speaker 1: live to Taipei and join our Bloomberg Television and if

236
00:13:00,280 --> 00:13:03,240
Speaker 1: on man, good morning, if on, How should we be

237
00:13:03,320 --> 00:13:06,040
Speaker 1: reading them the results of this vote. I mean there

238
00:13:06,080 --> 00:13:09,480
Speaker 1: was sort of jubilation in celebration is lie one, but

239
00:13:09,679 --> 00:13:13,800
Speaker 1: the lowest percentage of turnout in more than twenty years.

240
00:13:14,200 --> 00:13:16,320
Speaker 6: Yeah, well, this is a historic win for the DVP,

241
00:13:17,440 --> 00:13:21,439
Speaker 6: as you say, with liking the winning by a comfortable margin.

242
00:13:21,840 --> 00:13:25,960
Speaker 6: As you say that winning only forty percent of the vote,

243
00:13:26,400 --> 00:13:30,120
Speaker 6: and also the DPP lost its majority in parliament. So

244
00:13:30,280 --> 00:13:34,040
Speaker 6: while voters did defy China's threats about this election being

245
00:13:34,040 --> 00:13:37,920
Speaker 6: a choice between peace and war, they also did voter dissatisfaction,

246
00:13:38,080 --> 00:13:40,360
Speaker 6: particularly when it comes to some of these domestic issues

247
00:13:40,720 --> 00:13:44,040
Speaker 6: like rising house prices, so wage growth and just less

248
00:13:44,120 --> 00:13:47,160
Speaker 6: job opportunities that have drove young voters away. So without

249
00:13:47,240 --> 00:13:49,880
Speaker 6: a clear mandate, the DPP is going to have to

250
00:13:49,920 --> 00:13:53,960
Speaker 6: negotiate with other two parties to pass budgets and legislation,

251
00:13:54,440 --> 00:13:58,040
Speaker 6: which could actually slow the DPP's ability to advantage the agenda.

252
00:13:58,720 --> 00:14:02,120
Speaker 2: If on what does this mean for relations with Beijing?

253
00:14:02,200 --> 00:14:07,120
Speaker 6: Lies victory, Well, as you say, you know, this is

254
00:14:07,240 --> 00:14:10,360
Speaker 6: a man that Beijing despises, right, they'd called him a

255
00:14:10,400 --> 00:14:14,319
Speaker 6: separatist before. What you heard in his victory speech though

256
00:14:14,320 --> 00:14:18,719
Speaker 6: from Leijingzo was still you know, poor head prevailing. He

257
00:14:18,760 --> 00:14:22,720
Speaker 6: said he's still looking to have cooperation with China. That

258
00:14:22,880 --> 00:14:25,120
Speaker 6: was seen as sort of an alive French that was

259
00:14:25,160 --> 00:14:28,600
Speaker 6: given a to Beijing as well. But certainly China, and

260
00:14:28,760 --> 00:14:31,280
Speaker 6: this is known, is not a good news for them

261
00:14:31,560 --> 00:14:35,440
Speaker 6: and potentially quite a bit missed opportunity for Beijing. But

262
00:14:35,520 --> 00:14:38,840
Speaker 6: when you hear the statement of coming through from Beijing

263
00:14:38,920 --> 00:14:41,640
Speaker 6: the Taiwan Affairs Office, they were seen as low key.

264
00:14:41,800 --> 00:14:45,200
Speaker 6: I mean, they didn't really mention Li's names. They mentioned

265
00:14:45,200 --> 00:14:48,520
Speaker 6: about this forty percent mandate received by Lie cannot represent

266
00:14:48,520 --> 00:14:51,240
Speaker 6: the mainstream public opinion of the line of the island.

267
00:14:51,280 --> 00:14:53,920
Speaker 6: But you compare the language that we heard four years

268
00:14:53,920 --> 00:14:57,840
Speaker 6: ago when President Chaani won won that second term by

269
00:14:57,880 --> 00:15:00,560
Speaker 6: a landfly victory. You know, they try to state media

270
00:15:00,720 --> 00:15:05,360
Speaker 6: was calling her selfish, greedy, evil, even militarily as well.

271
00:15:05,400 --> 00:15:10,520
Speaker 6: We haven't seen a whole lot of interference or military

272
00:15:10,600 --> 00:15:13,920
Speaker 6: force thats been shown from Beijing as well. You know,

273
00:15:13,960 --> 00:15:16,600
Speaker 6: perhaps this is just something that we're seeing for now

274
00:15:16,680 --> 00:15:21,040
Speaker 6: from compromise, but I think it's likely that Beijing is

275
00:15:21,080 --> 00:15:23,000
Speaker 6: still going to have to rep at the pressure somehow,

276
00:15:23,560 --> 00:15:27,280
Speaker 6: just given that you know, they've been talking about, you know,

277
00:15:27,840 --> 00:15:30,800
Speaker 6: towent officials here. That might not be in the winter time,

278
00:15:31,280 --> 00:15:33,640
Speaker 6: but maybe once the weather is better, we might see

279
00:15:33,680 --> 00:15:38,600
Speaker 6: more military or economic force being put on Taiwan just

280
00:15:38,640 --> 00:15:41,160
Speaker 6: before the president takes off as in May.

281
00:15:41,840 --> 00:15:44,560
Speaker 2: This is Bloomberg Daybreak Europe, your morning brief on the

282
00:15:44,640 --> 00:15:47,680
Speaker 2: stories making news from London to Wall Street and beyond.

283
00:15:47,960 --> 00:15:51,960
Speaker 1: Look for us on your podcast feed every morning, on Apple, Spotify,

284
00:15:52,040 --> 00:15:53,960
Speaker 1: and anywhere else you get your podcasts.

285
00:15:54,040 --> 00:15:57,080
Speaker 2: You can also listen live each morning on London Dab Radio,

286
00:15:57,120 --> 00:15:59,640
Speaker 2: the Bloomberg Business app, and Bloomberg dot Com.

287
00:16:00,000 --> 00:16:02,600
Speaker 1: Our flagship New York station is also available on your

288
00:16:02,640 --> 00:16:07,360
Speaker 1: Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty.

289
00:16:07,600 --> 00:16:10,240
Speaker 2: I'm Caroline Hepka and I'm Stephen Carol. Join us again

290
00:16:10,280 --> 00:16:12,880
Speaker 2: tomorrow morning for all the news you need to start

291
00:16:12,880 --> 00:16:19,480
Speaker 2: your day right here on Bloomberg Daybreak Europe