WEBVTT - Israel Strikes Iran; Trump Court Victory on Protests

0:00:02.560 --> 0:00:07.080
<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

0:00:10.200 --> 0:00:10.760
<v Speaker 2>Good morning.

0:00:10.800 --> 0:00:13.680
<v Speaker 3>I'm Nathan Hager and I'm Lisa Matteo. Here are the

0:00:13.680 --> 0:00:15.960
<v Speaker 3>top stories we're following today, Lisa.

0:00:16.040 --> 0:00:19.639
<v Speaker 4>These major moves and global markets come after Israel launched

0:00:19.680 --> 0:00:23.759
<v Speaker 4>waves of air strikes against Iran's nuclear program overnight. The

0:00:23.800 --> 0:00:27.720
<v Speaker 4>operation targeted Iran's nuclear scientists and generals, killing a number

0:00:27.760 --> 0:00:32.000
<v Speaker 4>of high ranking military officials. Israeli Prime Minister Benjamin Natanyahu

0:00:32.040 --> 0:00:34.760
<v Speaker 4>announced the strikes in an overnight message.

0:00:34.960 --> 0:00:38.440
<v Speaker 5>Israel will never allow those who call for our annihilation

0:00:39.040 --> 0:00:42.640
<v Speaker 5>to develop the means to achieve that goal. Tonight, Israel

0:00:42.720 --> 0:00:46.440
<v Speaker 5>backs those words with action. We struck at the heart

0:00:46.479 --> 0:00:49.920
<v Speaker 5>of Iran's nuclear enrichment program. We struck at the heart

0:00:49.960 --> 0:00:55.280
<v Speaker 5>of Iran's nuclear weaponization program. We targeted Iran's main enrichment

0:00:55.280 --> 0:00:59.880
<v Speaker 5>facility in Natan's We targeted Iran's leading nuclear scientists work

0:01:00.160 --> 0:01:02.760
<v Speaker 5>on the Iranian bomb. We also structed the heart of

0:01:02.760 --> 0:01:04.759
<v Speaker 5>Iran's ballistic missile program.

0:01:04.880 --> 0:01:07.840
<v Speaker 4>The country's Defense Minister, Israel Katz, said he's declaring a

0:01:07.880 --> 0:01:10.920
<v Speaker 4>state of emergency after what he described as a preemptive

0:01:10.959 --> 0:01:12.160
<v Speaker 4>strike against Iran.

0:01:12.360 --> 0:01:15.600
<v Speaker 3>Well, Nathan now comes the response from Iran Israel says

0:01:15.640 --> 0:01:19.240
<v Speaker 3>Iran launched over one hundred drones toward Israel and that

0:01:19.280 --> 0:01:22.920
<v Speaker 3>their air defense systems are responding. In a televised address,

0:01:23.000 --> 0:01:26.320
<v Speaker 3>Iran's Armed Force spokesperson said Israel and the US will

0:01:26.400 --> 0:01:30.560
<v Speaker 3>receive a quote harsh blow to Iran. University professor Muhammad

0:01:30.640 --> 0:01:32.959
<v Speaker 3>Mirandi says Iran has no other option.

0:01:33.280 --> 0:01:36.160
<v Speaker 6>The only way forward is to make sure that this

0:01:36.360 --> 0:01:43.000
<v Speaker 6>Raeli regime regrets attacking Iran. Iranians and infrastructure that is

0:01:43.240 --> 0:01:46.600
<v Speaker 6>legitimate and which is monitored regularly.

0:01:46.760 --> 0:01:50.559
<v Speaker 3>Professor Muhammed Morandi at Tehran University and Iranian state media

0:01:50.600 --> 0:01:53.840
<v Speaker 3>say the strikes killed the head of Iran's Revolutionary Guard

0:01:53.880 --> 0:01:56.840
<v Speaker 3>Corps and the military's chief of staff. At least two

0:01:56.880 --> 0:01:59.760
<v Speaker 3>other senior Revolutionary Guard Corps officials.

0:02:00.000 --> 0:02:01.280
<v Speaker 2>We're also killed.

0:02:01.240 --> 0:02:04.000
<v Speaker 4>And hours before the attack, Lisa. President Trump said he

0:02:04.040 --> 0:02:06.000
<v Speaker 4>hoped Israel would not strike Iran.

0:02:06.400 --> 0:02:08.160
<v Speaker 7>Well, I don't want to say eminent, but it looks

0:02:08.200 --> 0:02:12.120
<v Speaker 7>like it's something that could very well happen. Look, it's

0:02:12.200 --> 0:02:16.920
<v Speaker 7>very simple, not complicated. Iran cannot have a nuclear weapon.

0:02:17.000 --> 0:02:19.280
<v Speaker 7>Other than that, I want them to be successful. I

0:02:19.280 --> 0:02:21.760
<v Speaker 7>want them to be Trum will help them be successful.

0:02:21.800 --> 0:02:24.119
<v Speaker 7>We'll trade with them. We'll do whatever is necessary.

0:02:24.320 --> 0:02:26.760
<v Speaker 2>The President Trump's words appear to have gone unheeded.

0:02:26.880 --> 0:02:29.800
<v Speaker 4>Secretary of State Marco Rubio put out a statement after

0:02:29.840 --> 0:02:32.560
<v Speaker 4>the attack saying the US was not involved and warned

0:02:32.560 --> 0:02:36.240
<v Speaker 4>Iran not to retaliate against American interest in the region. Later,

0:02:36.320 --> 0:02:39.240
<v Speaker 4>President Trump told Fox News he was not surprised at

0:02:39.240 --> 0:02:41.520
<v Speaker 4>the attack and said he had spoken with Prime Minister

0:02:41.600 --> 0:02:45.360
<v Speaker 4>Natanyahu several times in recent days. It's his reaction around

0:02:45.360 --> 0:02:48.880
<v Speaker 4>the world pours into the escalation Lisa. Former NATO Supreme

0:02:48.960 --> 0:02:53.400
<v Speaker 4>Allied Commander in Europe Wesley Clark says Israel forced America's hand.

0:02:53.680 --> 0:02:56.120
<v Speaker 8>President Trump does not want a war, he said that,

0:02:56.480 --> 0:02:59.120
<v Speaker 8>but also he does not want on Iran to have

0:02:59.240 --> 0:03:03.880
<v Speaker 8>nuclear weapon. So I think Prime Minster Mill who has

0:03:04.280 --> 0:03:07.640
<v Speaker 8>taken the decision away from President Trump at this point.

0:03:07.800 --> 0:03:10.920
<v Speaker 4>Retired General Wesley Clark spoke to Bloomberg overnight. These Israeli

0:03:10.960 --> 0:03:13.200
<v Speaker 4>strikes come after the US ordered some staff to leave

0:03:13.240 --> 0:03:16.920
<v Speaker 4>its embassy in Baghdad and authorized families of military service

0:03:16.960 --> 0:03:18.640
<v Speaker 4>members to move out of the Middle East.

0:03:18.760 --> 0:03:21.000
<v Speaker 3>Only then we saw immediate major moves in the markets

0:03:21.000 --> 0:03:24.200
<v Speaker 3>following the attacks. At one point, oil surge thirteen percent.

0:03:24.520 --> 0:03:26.960
<v Speaker 3>Right now Brenkrud at seventy three dollars a barrel, up

0:03:26.960 --> 0:03:30.080
<v Speaker 3>about four percent. Defense stocks on the move this morning.

0:03:30.160 --> 0:03:33.000
<v Speaker 3>Shares of Lockeed Martin are up four percent, while North

0:03:33.520 --> 0:03:37.400
<v Speaker 3>Grumman are up two percent. Oil related stocks also rising.

0:03:37.480 --> 0:03:40.600
<v Speaker 3>We have Halliburton, Kinego, Phillips, and Schlumberger are at least

0:03:40.720 --> 0:03:41.520
<v Speaker 3>up four percent.

0:03:41.920 --> 0:03:44.119
<v Speaker 4>Well, We'll continue to monitor the situation in the Middle East,

0:03:44.120 --> 0:03:46.480
<v Speaker 4>of course, Lisa, But let's move now to the latest

0:03:46.480 --> 0:03:50.280
<v Speaker 4>on the anti deportation protests in Los Angeles. The situation

0:03:50.480 --> 0:03:52.960
<v Speaker 4>does appear calmer now after three nights of curfews in

0:03:52.960 --> 0:03:56.120
<v Speaker 4>the downtown area where demonstrators had been clashing with police.

0:03:56.520 --> 0:03:59.800
<v Speaker 4>Last night, California Governor Gavin Newsom touted a legal victory

0:03:59.840 --> 0:04:02.960
<v Speaker 4>and his fight with President Trump overt National Guard deployments

0:04:02.960 --> 0:04:03.440
<v Speaker 4>in the city.

0:04:03.640 --> 0:04:07.080
<v Speaker 9>Courts have ruled on the Guard. They will be back

0:04:07.160 --> 0:04:12.160
<v Speaker 9>under my command and he'll be relieved. Donald Trump were

0:04:12.200 --> 0:04:15.760
<v Speaker 9>believed of his command at noon tomorrow.

0:04:15.960 --> 0:04:18.120
<v Speaker 4>On that comment from Governor Gavin Newsom may have come

0:04:18.160 --> 0:04:20.440
<v Speaker 4>too soon, though, a federal appeals court put the judge's

0:04:20.520 --> 0:04:24.080
<v Speaker 4>order on hold, allowing the Trump administration to continue using

0:04:24.080 --> 0:04:26.919
<v Speaker 4>the military to deal with the protests. Another hearing on

0:04:26.960 --> 0:04:28.960
<v Speaker 4>the case is now set for Tuesday.

0:04:29.320 --> 0:04:29.520
<v Speaker 8>Well.

0:04:29.520 --> 0:04:32.440
<v Speaker 3>Meantime, in India, investigators are searching the site of yesterday's

0:04:32.480 --> 0:04:36.520
<v Speaker 3>deadly Air India plane crash. Prime Minister Nerenda Mody Well

0:04:36.520 --> 0:04:38.920
<v Speaker 3>he met with the loan surviving passenger of the crash

0:04:38.920 --> 0:04:41.000
<v Speaker 3>that killed two hundred and forty one people on board

0:04:41.040 --> 0:04:43.920
<v Speaker 3>and several people on the ground. The London bound Boeing

0:04:43.960 --> 0:04:47.679
<v Speaker 3>seven eighty seven struck medical College hostels when it fell

0:04:47.680 --> 0:04:51.719
<v Speaker 3>into a residential area in northwestern India just minutes after takeoff.

0:04:51.800 --> 0:04:54.120
<v Speaker 3>Here is Air India CEO Campbell Wilson.

0:04:54.680 --> 0:04:57.640
<v Speaker 10>I would like to experience our deep sorrow about this event.

0:04:57.880 --> 0:05:00.760
<v Speaker 10>This is a difficult day for all of US India

0:05:00.800 --> 0:05:04.920
<v Speaker 10>and if it's now focused entirely on the needs of passengers,

0:05:05.480 --> 0:05:08.200
<v Speaker 10>crew members, their families and loved ones.

0:05:08.440 --> 0:05:11.880
<v Speaker 3>Air India CEO Campbell Wilson. Local media say at least

0:05:11.920 --> 0:05:14.920
<v Speaker 3>one of Boeing's Dreamliners black boxes had been found. It's

0:05:15.000 --> 0:05:17.720
<v Speaker 3>unclear whether that black box is a flight data or

0:05:17.839 --> 0:05:19.160
<v Speaker 3>cockpit voice recorder.

0:05:19.360 --> 0:05:22.080
<v Speaker 4>Well back here in the US, Lisa local politics are

0:05:22.080 --> 0:05:24.160
<v Speaker 4>front and center in New York City once again, the

0:05:24.279 --> 0:05:27.520
<v Speaker 4>race for mayor is heating up, and last night, the

0:05:27.520 --> 0:05:31.520
<v Speaker 4>Democratic candidates held their second and final debate ahead of

0:05:31.520 --> 0:05:34.479
<v Speaker 4>this month's primary. Bloomberg's John Tucker's here at the round up.

0:05:34.520 --> 0:05:37.200
<v Speaker 11>Good morning, John, Good morning Nathan. The thirty three year

0:05:37.200 --> 0:05:41.240
<v Speaker 11>old socialist state as semulman Johan Mamdani has become one

0:05:41.240 --> 0:05:43.920
<v Speaker 11>of the top contenders in the race. He also found

0:05:44.000 --> 0:05:46.920
<v Speaker 11>himself the target of jabs from former Governor Andrew Cuomo.

0:05:47.480 --> 0:05:52.400
<v Speaker 10>I'm not mister Mandani, I'm not anti Semitic, I'm not divisive.

0:05:53.400 --> 0:05:55.400
<v Speaker 6>I didn't say that would boycott Israel.

0:05:55.560 --> 0:05:59.560
<v Speaker 11>Mumdani tried to knock Quomo off his perch atop the polls.

0:06:00.520 --> 0:06:05.760
<v Speaker 12>Millions of dollars in funding from the very billionaires who

0:06:05.760 --> 0:06:08.200
<v Speaker 12>put Donald Trump back into office.

0:06:07.880 --> 0:06:11.279
<v Speaker 11>And then City Controller Brent Lander took this shot against Cuomo.

0:06:12.080 --> 0:06:15.640
<v Speaker 12>Everybody here knows that you sexually harassed women.

0:06:15.920 --> 0:06:18.720
<v Speaker 11>Cuomo, who's in the midst of a political comeback after

0:06:18.760 --> 0:06:22.240
<v Speaker 11>resigning as governor over a sanxual harassment scandal, has long

0:06:22.279 --> 0:06:26.080
<v Speaker 11>been the favorite the city's Democratic mayoral primary June twenty fourth,

0:06:26.320 --> 0:06:29.400
<v Speaker 11>because in some ways narrowed into a contest between Cuomo

0:06:29.520 --> 0:06:32.359
<v Speaker 11>and Mom Danny. The winner of the Democratic primary is

0:06:32.360 --> 0:06:35.240
<v Speaker 11>going to face off in November against incumbent mayor Eric Adams,

0:06:35.400 --> 0:06:38.640
<v Speaker 11>who's opted to run as an independent. And in the

0:06:38.640 --> 0:06:41.680
<v Speaker 11>interest of disclosure, Michael Bloomberg, founder and majority owner of

0:06:41.720 --> 0:06:45.360
<v Speaker 11>Bloomberg LP, has endorsed CUOMO. I'm John Tucker, Bloomberg Radio.

0:06:45.520 --> 0:06:47.680
<v Speaker 3>All right, thank you, John. Let'stener back to the markets now.

0:06:47.680 --> 0:06:50.479
<v Speaker 3>With a focus on tech. The CEO of Advanced micro

0:06:50.560 --> 0:06:54.800
<v Speaker 3>Devices says its latest AI processors can top and vidios.

0:06:55.000 --> 0:06:58.200
<v Speaker 3>At a company event yesterday in California, Lisa Sue said

0:06:58.200 --> 0:07:01.760
<v Speaker 3>the new installments in AMD's MY three fifty chip series

0:07:02.040 --> 0:07:05.880
<v Speaker 3>are faster than Nvidia counterparts and also represent major gains

0:07:05.880 --> 0:07:09.159
<v Speaker 3>over earlier versions. She expects the AI market to surpass

0:07:09.279 --> 0:07:12.960
<v Speaker 3>five hundred billion dollars in the next three years. AMD's

0:07:13.120 --> 0:07:15.600
<v Speaker 3>MI I four hundred series comes out next year.

0:07:15.800 --> 0:07:18.760
<v Speaker 4>Yeah, and sticking with the AI theme, Lisa. Meta Platforms

0:07:18.760 --> 0:07:22.240
<v Speaker 4>has finalized it's fourteen point three billion dollar investment in

0:07:22.360 --> 0:07:24.640
<v Speaker 4>Scale AI and has recruited the startup.

0:07:24.760 --> 0:07:25.160
<v Speaker 2>CEO.

0:07:25.560 --> 0:07:29.720
<v Speaker 4>Scale's Alexander Wang will join Meta's super intelligence unit we

0:07:29.760 --> 0:07:32.880
<v Speaker 4>told you about earlier this week, focused on building AI

0:07:32.920 --> 0:07:36.320
<v Speaker 4>that performs as well as humans. Wang will also remain

0:07:36.400 --> 0:07:38.560
<v Speaker 4>a board member at Scale. This is all part of

0:07:38.600 --> 0:07:41.920
<v Speaker 4>Meta CEO Mark Zuckerberg's efforts to make AI a top priority.

0:07:42.200 --> 0:07:46.200
<v Speaker 4>He's earmarked tens of billions of dollars for artificial intelligence

0:07:46.240 --> 0:07:48.080
<v Speaker 4>related infrastructure and hiring.

0:07:51.880 --> 0:07:53.240
<v Speaker 3>Now for a look at some of the other stories

0:07:53.280 --> 0:07:55.120
<v Speaker 3>making news in New York and around the world. For that,

0:07:55.160 --> 0:07:58.000
<v Speaker 3>we're joined by Bloomberg's Michael bar Good morning, Michael, Good.

0:07:57.800 --> 0:08:01.160
<v Speaker 13>Morning, Lisa. The judge in Harvey Weinstein sex crimes reed

0:08:01.240 --> 0:08:04.880
<v Speaker 13>trial declared a mistrial on the remaining charge after the

0:08:04.960 --> 0:08:09.280
<v Speaker 13>jury four person declined to deliberate again. The jury found

0:08:09.280 --> 0:08:12.560
<v Speaker 13>the former movie mogul guilty of one criminal sex act,

0:08:12.720 --> 0:08:16.200
<v Speaker 13>but not guilty on another. Manhattan District Attorney Alvin Brag

0:08:16.360 --> 0:08:18.160
<v Speaker 13>says his office is ready to go again.

0:08:18.600 --> 0:08:19.960
<v Speaker 2>We immediately informed.

0:08:19.640 --> 0:08:22.640
<v Speaker 13>The court, so we are ready to go forward to

0:08:22.680 --> 0:08:26.640
<v Speaker 13>trial again on that charge. After conferring with just Command,

0:08:26.760 --> 0:08:30.040
<v Speaker 13>Einstein denies all the charges. In the middle of his

0:08:30.120 --> 0:08:33.679
<v Speaker 13>sex trafficking and racketeering trial, a new lawsuit has been

0:08:33.720 --> 0:08:37.400
<v Speaker 13>filed against Sean Diddy Combs. A former girlfriend is now suing,

0:08:37.400 --> 0:08:40.280
<v Speaker 13>alleging she was coerced into traveling to see the rap

0:08:40.360 --> 0:08:44.640
<v Speaker 13>mogul and having sex with him. Reaction continues after a

0:08:44.760 --> 0:08:48.160
<v Speaker 13>US senator was forcibly removed from a news conference. Alex

0:08:48.240 --> 0:08:51.839
<v Speaker 13>Padilla of California interrupted a news conference in Los Angeles

0:08:52.040 --> 0:08:56.960
<v Speaker 13>being given by Homeland Security Secretary Christinome. Senator Badilla approached

0:08:56.960 --> 0:09:00.280
<v Speaker 13>the podium, was stopped by security, and then put pushed

0:09:00.280 --> 0:09:04.480
<v Speaker 13>outside and handcuffed. Reaction from both sides of the political

0:09:04.520 --> 0:09:08.840
<v Speaker 13>lieout has been swift. Democrats criticized the move, and Senator

0:09:08.880 --> 0:09:13.120
<v Speaker 13>Badiaz says this was indicative of overly harsh tactics.

0:09:13.440 --> 0:09:14.439
<v Speaker 2>I was there peacefully.

0:09:14.960 --> 0:09:17.600
<v Speaker 13>At one point I had a question, and so I

0:09:17.679 --> 0:09:23.359
<v Speaker 13>began to ask a question. I was almost immediately forcibly

0:09:23.400 --> 0:09:24.240
<v Speaker 13>removed from the room.

0:09:24.840 --> 0:09:26.040
<v Speaker 2>I was forced to the ground.

0:09:26.400 --> 0:09:29.280
<v Speaker 14>Secretary Nome, I don't even know the senator. He did

0:09:29.280 --> 0:09:31.800
<v Speaker 14>not request a meeting with me or to speak with me.

0:09:32.240 --> 0:09:34.440
<v Speaker 14>So when I leave here, I'll have a conversation with

0:09:34.520 --> 0:09:37.120
<v Speaker 14>him and visit and find out really what his concerns were.

0:09:37.160 --> 0:09:40.640
<v Speaker 14>I think everybody in America would agree that that wasn't appropriate.

0:09:41.000 --> 0:09:44.600
<v Speaker 13>Padilla says he tried to ask Noome about people arrested

0:09:44.640 --> 0:09:47.760
<v Speaker 13>with no criminal record. Global News twenty four hours a

0:09:47.840 --> 0:09:50.880
<v Speaker 13>day and whatever you wanted with Bloomberg News Now Michael

0:09:50.920 --> 0:09:52.920
<v Speaker 13>Barr and this is Bloomberg Lisa.

0:09:52.720 --> 0:09:59.959
<v Speaker 3>Thank you, Michael. Time now for a Bloomberg Sports update.

0:10:00.080 --> 0:10:01.600
<v Speaker 3>For that, we bring in John stash Out.

0:10:01.679 --> 0:10:02.880
<v Speaker 2>Good morning John, Good morning les.

0:10:02.960 --> 0:10:05.319
<v Speaker 1>So the ratings have not been good, but people are

0:10:05.400 --> 0:10:07.320
<v Speaker 1>missing a heck of a Stanley Cup final and there'll

0:10:07.360 --> 0:10:10.040
<v Speaker 1>be at least two more games, maybe three. The third

0:10:10.240 --> 0:10:13.160
<v Speaker 1>overtime game of the series didn't look that way when

0:10:13.280 --> 0:10:16.000
<v Speaker 1>Florida led three nothing in the second period. Edmonton then

0:10:16.080 --> 0:10:18.200
<v Speaker 1>led four to three in the final minute of regulation

0:10:18.280 --> 0:10:21.360
<v Speaker 1>when the Panthers Sam Reinard tied the game, so it

0:10:21.400 --> 0:10:23.679
<v Speaker 1>was once again off to sudden depth.

0:10:24.240 --> 0:10:26.559
<v Speaker 2>Breaking three is try suddle to the next.

0:10:26.400 --> 0:10:33.000
<v Speaker 12>Sid play on try suddle Chris time this series, what

0:10:33.240 --> 0:10:37.959
<v Speaker 12>is fourth oh t Winter of the Playoffs Final star

0:10:38.840 --> 0:10:45.840
<v Speaker 12>Edmonton five Florida four in fine over time.

0:10:46.960 --> 0:10:49.960
<v Speaker 1>Jack Michaels is the radio voice of the Oilers, Dry

0:10:50.040 --> 0:10:53.319
<v Speaker 1>titles four overtime goals as a record. He's at two

0:10:53.360 --> 0:10:54.079
<v Speaker 1>in this series.

0:10:54.400 --> 0:10:54.959
<v Speaker 2>At two to two.

0:10:55.000 --> 0:10:57.440
<v Speaker 1>They're heading back to Western Canada for Game five tomorrow.

0:10:57.520 --> 0:10:59.920
<v Speaker 1>Game four of the NBA Finals tonight, Indiana up to one,

0:11:00.400 --> 0:11:03.880
<v Speaker 1>hosting Oklahoma City. JJ Spawn thirty four years old, yet

0:11:03.880 --> 0:11:05.880
<v Speaker 1>he's never finished the top twenty of a major. Had

0:11:05.920 --> 0:11:09.240
<v Speaker 1>only qualified to play the US Open once before, in

0:11:09.280 --> 0:11:10.200
<v Speaker 1>twenty twenty one.

0:11:10.320 --> 0:11:13.080
<v Speaker 2>Spawn for a bogie free four under par.

0:11:13.080 --> 0:11:15.480
<v Speaker 1>Sixty six to leave the US Open at Oakmont by

0:11:15.520 --> 0:11:18.480
<v Speaker 1>one shot. Two time Open winner brooks Keepka, who's been

0:11:18.600 --> 0:11:21.840
<v Speaker 1>quiet in recent years, only two shots behind. Scottie Schefler,

0:11:21.840 --> 0:11:25.200
<v Speaker 1>had six bogies, shot three over. Rory McElroy had a

0:11:25.200 --> 0:11:27.439
<v Speaker 1>forty one on the front nine. He is plus four.

0:11:27.720 --> 0:11:29.960
<v Speaker 1>Yankees and Royals sat through a rain delay in cac

0:11:30.120 --> 0:11:31.520
<v Speaker 1>but finished the series with The Yanks.

0:11:31.559 --> 0:11:34.240
<v Speaker 2>Scored an unearned run of the eighth inning to win one.

0:11:34.160 --> 0:11:37.319
<v Speaker 1>Nothing so A. Yankee sweeped their second against the Royals.

0:11:37.320 --> 0:11:39.559
<v Speaker 1>They played tonight in Boston. Dropped two of three of

0:11:39.559 --> 0:11:41.960
<v Speaker 1>the Red Sox. Last weekend in New York, Matt's finished

0:11:41.960 --> 0:11:45.240
<v Speaker 1>a sweep of the Nationals four to three, improving to twenty.

0:11:44.920 --> 0:11:45.800
<v Speaker 2>Seven and seven.

0:11:46.160 --> 0:11:48.400
<v Speaker 1>At City Field, Jeff McNeil three run homer in the

0:11:48.400 --> 0:11:50.440
<v Speaker 1>first enning, Brandon Nimo solo shot in the fifth.

0:11:50.480 --> 0:11:51.480
<v Speaker 2>Code I Senga got the.

0:11:51.480 --> 0:11:54.240
<v Speaker 1>Win, but heard his hamstring and Senga was put on

0:11:54.280 --> 0:11:57.920
<v Speaker 1>the injured list, John Stshawer, Bloomberg Sports, Lisa and Nathan

0:12:00.160 --> 0:12:04.280
<v Speaker 1>coast to coast on Bloomberg Radio, nationwide on Sirius Exam

0:12:04.440 --> 0:12:07.280
<v Speaker 1>and around the world on Bloomberg dot Com and the

0:12:07.320 --> 0:12:08.520
<v Speaker 1>Bloomberg Business app.

0:12:08.800 --> 0:12:11.640
<v Speaker 2>This is Bloomberg Daybreak. Good morning. I'm Nathan Hager.

0:12:11.679 --> 0:12:14.160
<v Speaker 4>On the morning after a major escalation in the ongoing

0:12:14.160 --> 0:12:17.240
<v Speaker 4>conflicts in the Middle East. Overnight, Israel launched a wave

0:12:17.440 --> 0:12:21.160
<v Speaker 4>of attacks on Iran's nuclear and ballistic missile programs in

0:12:21.200 --> 0:12:25.560
<v Speaker 4>what Prime Minister Benjamin Natanyahu is calling Operation Rising Lion.

0:12:25.920 --> 0:12:29.160
<v Speaker 5>I was Prime Minister, I've made it clear time it again.

0:12:30.080 --> 0:12:33.560
<v Speaker 5>Israel will never allow those who call for our annihilation

0:12:34.120 --> 0:12:37.760
<v Speaker 5>to develop the means to achieve that goal. Tonight, Israel

0:12:37.840 --> 0:12:39.240
<v Speaker 5>backs those words.

0:12:39.120 --> 0:12:42.480
<v Speaker 4>With action, Israeli Prime Minister Benjamin Natanya, who spoke in

0:12:42.520 --> 0:12:45.199
<v Speaker 4>an overnight addressed to his nation last night. This morning,

0:12:45.240 --> 0:12:47.880
<v Speaker 4>we are joined from our London studios by Bloomberg News

0:12:47.960 --> 0:12:52.520
<v Speaker 4>Jerusalem correspondent Dan Williams and Bloomberg Horizons anchor Jumana Bursechi.

0:12:52.840 --> 0:12:54.680
<v Speaker 2>Thanks to both of you for being with us.

0:12:54.800 --> 0:12:56.960
<v Speaker 4>Dan, I'll start with you, what do we know so

0:12:57.120 --> 0:12:59.880
<v Speaker 4>far about the extent of the attack and the damaged

0:13:00.200 --> 0:13:01.000
<v Speaker 4>Good morning.

0:13:01.160 --> 0:13:01.760
<v Speaker 15>Good morning.

0:13:01.800 --> 0:13:03.280
<v Speaker 2>This was certainly unprecedented.

0:13:03.320 --> 0:13:06.240
<v Speaker 15>It was certainly wide scale, I think, to judge by

0:13:06.240 --> 0:13:08.720
<v Speaker 15>what these readies are saying, there's more to be done

0:13:08.760 --> 0:13:11.920
<v Speaker 15>as far as they're concerned. The primary target was the

0:13:11.960 --> 0:13:14.680
<v Speaker 15>Iranian nuclear program, which they say was on the verge

0:13:15.080 --> 0:13:17.439
<v Speaker 15>of a potentially irreversible development in.

0:13:17.400 --> 0:13:19.439
<v Speaker 2>The direction of weaponization.

0:13:20.040 --> 0:13:24.160
<v Speaker 15>However, they also targeted senior personnel, both from the nuclear

0:13:24.200 --> 0:13:26.920
<v Speaker 15>program and from the military, the chief of staff they

0:13:26.960 --> 0:13:30.480
<v Speaker 15>had of the IOGC. This is something that everyone was

0:13:30.480 --> 0:13:34.160
<v Speaker 15>expecting on a strategic, perhaps theoretical level, going back almost

0:13:34.160 --> 0:13:36.880
<v Speaker 15>twenty years, there was a time when many speculated that

0:13:36.920 --> 0:13:40.719
<v Speaker 15>Israel was actually bluffing about doing this, given operational limitations

0:13:40.720 --> 0:13:43.280
<v Speaker 15>and the like. Now it appears that Israel has delivered

0:13:43.520 --> 0:13:45.120
<v Speaker 15>and is prepared to deliver even more.

0:13:45.840 --> 0:13:48.640
<v Speaker 4>Perhaps not a surprise in terms of whether this would come,

0:13:48.679 --> 0:13:52.160
<v Speaker 4>but maybe a surprise in terms of how quickly it

0:13:52.280 --> 0:13:55.240
<v Speaker 4>might have come at this point. Jumana, what is the

0:13:55.360 --> 0:13:58.640
<v Speaker 4>risk of wider war now? What is the risk of

0:13:58.679 --> 0:14:00.000
<v Speaker 4>retaliation from Iran?

0:14:00.640 --> 0:14:03.400
<v Speaker 16>There's definitely a major risk of retaliation from Iran. They

0:14:03.440 --> 0:14:08.319
<v Speaker 16>have vowed to fight back, and the response would be

0:14:08.400 --> 0:14:11.920
<v Speaker 16>quite harsh in nature. But then you also have to

0:14:11.920 --> 0:14:14.960
<v Speaker 16>acknowledge the fact that the Iranian regime is clearly on

0:14:15.040 --> 0:14:18.240
<v Speaker 16>the back foot. Several of their very senior commanders were

0:14:18.280 --> 0:14:22.320
<v Speaker 16>taken out on this strike. Many of their main facilities,

0:14:22.400 --> 0:14:26.560
<v Speaker 16>NUCRE facilities were hit. But I should also just reiterate

0:14:26.720 --> 0:14:30.240
<v Speaker 16>not entirely defunct now they have been damaged. But this

0:14:30.280 --> 0:14:32.440
<v Speaker 16>is why on the Israeli side, they're saying that there

0:14:32.480 --> 0:14:34.160
<v Speaker 16>is more work to be done so that they can

0:14:34.280 --> 0:14:37.560
<v Speaker 16>ensure that Iran don't go down the route of further

0:14:37.680 --> 0:14:43.239
<v Speaker 16>nuclear enrichment. But then there are several ways Iran could response.

0:14:43.320 --> 0:14:46.200
<v Speaker 16>They sent over one hundred drones this morning, most of

0:14:46.240 --> 0:14:49.800
<v Speaker 16>them intercepted, it caused them to damage. They could also

0:14:50.000 --> 0:14:52.600
<v Speaker 16>start mobilizing their proxies around the region. There were some

0:14:52.680 --> 0:14:55.840
<v Speaker 16>concerns that you might start seeing attacks come through from

0:14:55.920 --> 0:14:58.760
<v Speaker 16>Syria and from Jordan. Earlier this morning their reports that

0:14:58.880 --> 0:15:02.840
<v Speaker 16>again several drones were shot down over Jordanian airspace as

0:15:02.880 --> 0:15:05.640
<v Speaker 16>well in Lebanon. There's concern that perhaps they would look

0:15:05.680 --> 0:15:09.600
<v Speaker 16>to reactivate Hezballah. But all of these proxies are operating

0:15:09.640 --> 0:15:13.360
<v Speaker 16>in a diminished capacity, with many of their military and

0:15:13.480 --> 0:15:17.360
<v Speaker 16>also influence waning in the region given the events of

0:15:17.400 --> 0:15:18.280
<v Speaker 16>the last couple of months.

0:15:18.320 --> 0:15:19.880
<v Speaker 2>But one also factor.

0:15:19.560 --> 0:15:21.520
<v Speaker 16>That we've been talking about that's very crucial for global

0:15:21.520 --> 0:15:24.920
<v Speaker 16>markets is perhaps what Iran could do on the oil

0:15:24.960 --> 0:15:28.960
<v Speaker 16>front and potentially causing disruptions on the straits of Hormos,

0:15:28.960 --> 0:15:31.360
<v Speaker 16>which is why initially you saw that ten percent plus

0:15:31.400 --> 0:15:33.960
<v Speaker 16>reaction in the price of oil today so far though

0:15:34.080 --> 0:15:35.760
<v Speaker 16>no oil infrastructure has been had.

0:15:36.240 --> 0:15:39.320
<v Speaker 4>Now we have also heard from Iran that they're saying

0:15:39.360 --> 0:15:42.360
<v Speaker 4>that Israel could not have carried out an attack like

0:15:42.440 --> 0:15:48.360
<v Speaker 4>this without either US coordination or US support in terms

0:15:48.400 --> 0:15:53.600
<v Speaker 4>of backing of support for Israel. Dan, what was Israel

0:15:53.760 --> 0:15:57.680
<v Speaker 4>saying at this point about US potential involvement in what's

0:15:57.720 --> 0:15:58.560
<v Speaker 4>been going on here.

0:15:59.200 --> 0:16:02.000
<v Speaker 15>I think there's a pro forma at least effort by

0:16:02.000 --> 0:16:04.560
<v Speaker 15>both the allies to place daylight between themselves when it

0:16:04.560 --> 0:16:08.520
<v Speaker 15>comes to this strike. However, there are geographical realities that

0:16:08.560 --> 0:16:12.600
<v Speaker 15>are inescapable and unignorable. Israeli planes would have to traverse

0:16:13.280 --> 0:16:16.600
<v Speaker 15>one at least a cent COOM member country sent COOM

0:16:16.680 --> 0:16:21.000
<v Speaker 15>being the US military command involving countries like Saudi Arabia,

0:16:21.360 --> 0:16:25.000
<v Speaker 15>the Gulf principalities, and it's safe to assume that Sentcom

0:16:25.000 --> 0:16:27.480
<v Speaker 15>would have been aware of the planes coming in. Those

0:16:27.480 --> 0:16:30.000
<v Speaker 15>countries would have been aware and at least gave tacit

0:16:30.040 --> 0:16:33.720
<v Speaker 15>assent to these planes conducting the mission. There's also the

0:16:33.720 --> 0:16:37.440
<v Speaker 15>issue of diplomatic cover defense cover. There's a big difference

0:16:37.440 --> 0:16:39.680
<v Speaker 15>between the Americans saying they had no knowledge of this

0:16:40.240 --> 0:16:43.000
<v Speaker 15>and actually putting their foot down and perhaps imposing sanctions

0:16:43.320 --> 0:16:45.680
<v Speaker 15>if they were truly opposed to it. For now, there's

0:16:45.720 --> 0:16:48.320
<v Speaker 15>every indication they were not opposed to it. They were

0:16:48.360 --> 0:16:51.560
<v Speaker 15>seeking to diss themselves, perhaps sit on a fence. The

0:16:51.560 --> 0:16:55.160
<v Speaker 15>big test I think is if and when the Iranian escalation,

0:16:55.560 --> 0:16:59.080
<v Speaker 15>sorry the Ranian retaliation escalates, whether Israel be left to

0:16:59.120 --> 0:17:02.040
<v Speaker 15>fend for itself alone, whether the United States and other

0:17:02.080 --> 0:17:05.080
<v Speaker 15>partner countries will step up assists in defense as they

0:17:05.080 --> 0:17:06.120
<v Speaker 15>did twice last year.

0:17:07.240 --> 0:17:13.119
<v Speaker 4>What about the possibility of other parties in the Middle

0:17:13.160 --> 0:17:16.320
<v Speaker 4>East getting involved in this conflict Jumana.

0:17:16.400 --> 0:17:17.159
<v Speaker 2>Is there a risk of that?

0:17:17.800 --> 0:17:20.200
<v Speaker 16>I think it was really notable this morning that one

0:17:20.200 --> 0:17:22.880
<v Speaker 16>of the first foreign ministries that put out a statement

0:17:23.000 --> 0:17:25.720
<v Speaker 16>was the Kingdom of Saudi Arabia. And of course we

0:17:25.800 --> 0:17:28.320
<v Speaker 16>have to go back to twenty nineteen. You will recall

0:17:28.480 --> 0:17:32.919
<v Speaker 16>that there was a healthy attack on Upcake, which is

0:17:33.160 --> 0:17:38.680
<v Speaker 16>one of the key mid refineries in Saudi Arabia, in

0:17:38.720 --> 0:17:42.000
<v Speaker 16>response to global tensions at the time, and there has

0:17:42.040 --> 0:17:45.800
<v Speaker 16>been a notable improvement in the diplomatic relationship between Saudi

0:17:45.840 --> 0:17:49.160
<v Speaker 16>Arabia and Iran since then. That was broken together by

0:17:49.240 --> 0:17:52.680
<v Speaker 16>China in March of twenty twenty three, and since then,

0:17:53.280 --> 0:17:56.400
<v Speaker 16>what Saudi Arabia had been consistently saying is they want

0:17:56.400 --> 0:17:58.679
<v Speaker 16>to see de escalation in the region. And so this

0:17:58.840 --> 0:18:01.280
<v Speaker 16>morning they put out at the Foreign Ministry put out

0:18:01.280 --> 0:18:04.280
<v Speaker 16>a statement saying that they condemn these attacks and once

0:18:04.320 --> 0:18:07.879
<v Speaker 16>again would like to see the region de escalating. UAE

0:18:08.119 --> 0:18:12.879
<v Speaker 16>similar tone as well, so from other major Gulf Arab states.

0:18:12.960 --> 0:18:16.760
<v Speaker 16>What you are seeing is an inclination to make things better,

0:18:16.840 --> 0:18:19.480
<v Speaker 16>to bring down the temperature, as opposed to add fuel

0:18:19.520 --> 0:18:23.399
<v Speaker 16>to flyer. But of course if there is, if there

0:18:23.440 --> 0:18:26.720
<v Speaker 16>are further attacks on Israeli soil, then there's gonna be

0:18:26.760 --> 0:18:30.720
<v Speaker 16>a question as to which countries in the region may

0:18:31.640 --> 0:18:35.520
<v Speaker 16>offer their airspace or may look to implicitly allow that

0:18:35.600 --> 0:18:37.679
<v Speaker 16>to happen. And I think we are entering into a

0:18:37.680 --> 0:18:41.080
<v Speaker 16>critical couple of days now to see exactly how Saudi

0:18:41.119 --> 0:18:46.439
<v Speaker 16>Arabia UAE Katar will respond if Iran continues along the

0:18:46.480 --> 0:18:49.080
<v Speaker 16>lines of retaliation and as they have vow to do so.

0:18:49.640 --> 0:18:51.600
<v Speaker 4>Dan, we have about a minute left. Is there a

0:18:51.600 --> 0:18:54.919
<v Speaker 4>political dimension to this? We just saw Israeli Prime Minister

0:18:55.080 --> 0:19:00.280
<v Speaker 4>NETANYAHUO survive a vote to dissolve his government this week.

0:19:00.000 --> 0:19:01.320
<v Speaker 2>I think this certainly is.

0:19:01.359 --> 0:19:05.320
<v Speaker 15>There may even have been low scale US intervention in

0:19:05.320 --> 0:19:09.760
<v Speaker 15>that political crisis to persuade coalition members who thought of

0:19:10.000 --> 0:19:12.480
<v Speaker 15>leaving the coalition this was not the time to do that,

0:19:12.920 --> 0:19:17.280
<v Speaker 15>hinting that there were strategic matters afoot. Certainly, if this succeeds,

0:19:17.400 --> 0:19:19.360
<v Speaker 15>and time will tell if it has, this will help

0:19:19.400 --> 0:19:22.240
<v Speaker 15>his standing. It's worth remembering that he's largely shaped his

0:19:22.320 --> 0:19:25.479
<v Speaker 15>legacy around the question of Iran, which Israel sees as

0:19:25.480 --> 0:19:29.080
<v Speaker 15>its chief adversary, the chief threat to its existence. And

0:19:29.280 --> 0:19:32.000
<v Speaker 15>if this succeeds in Israeli terms, that may be enough

0:19:32.040 --> 0:19:34.800
<v Speaker 15>to polish his legacy, which was severely dented by the

0:19:34.880 --> 0:19:39.280
<v Speaker 15>October seventh attack, which really set into motion this entire

0:19:39.320 --> 0:19:39.920
<v Speaker 15>regional war.

0:19:40.320 --> 0:19:43.760
<v Speaker 4>This is Bloomberg Daybreak, your Morning podcast on the story's

0:19:43.800 --> 0:19:46.840
<v Speaker 4>making news from Wall Street to Washington and beyond.

0:19:46.880 --> 0:19:49.320
<v Speaker 3>Look for us on your podcast feed by six am

0:19:49.359 --> 0:19:53.119
<v Speaker 3>Eastern each morning, on Apple, Spotify, or anywhere else you listen.

0:19:53.240 --> 0:19:55.840
<v Speaker 4>You can also listen live each morning starting at five

0:19:55.920 --> 0:19:58.800
<v Speaker 4>am Wall Street Time on Bloomberg eleven three to zero

0:19:58.880 --> 0:20:02.080
<v Speaker 4>in New York, Bloomberg ninety nine one in Washington, Bloomberg

0:20:02.160 --> 0:20:05.880
<v Speaker 4>ninety two nine in Boston, and nationwide I'm Serious XM

0:20:06.040 --> 0:20:07.160
<v Speaker 4>Channel one twenty one.

0:20:07.240 --> 0:20:09.879
<v Speaker 3>Plus listen coast to coast on the Bloomberg Business app

0:20:09.960 --> 0:20:13.160
<v Speaker 3>now with Apple CarPlay and Android Auto Winterfaces.

0:20:13.320 --> 0:20:16.400
<v Speaker 17>And don't forget to subscribe to Bloomberg News Now. It's

0:20:16.440 --> 0:20:19.240
<v Speaker 17>the latest news whenever you want it in five minutes

0:20:19.359 --> 0:20:23.879
<v Speaker 17>or less. Search Bloomberg News Now on your favorite podcast platform.

0:20:23.480 --> 0:20:26.760
<v Speaker 2>To stay informed all day long. I'm Nathan Hager and.

0:20:26.720 --> 0:20:29.520
<v Speaker 3>I'm Lisa Matteo. Join us again tomorrow morning for all

0:20:29.600 --> 0:20:31.680
<v Speaker 3>the news you need to start your day right here

0:20:31.680 --> 0:20:32.920
<v Speaker 3>on Bloomberg Daybreak