1 00:00:01,440 --> 00:00:03,920 Speaker 1: News when you want it. With Bloomberg News Now, I'm 2 00:00:03,920 --> 00:00:08,480 Speaker 1: Doug Krisner Israeli Prime Minister Benjamin Netniah, who says Israel's 3 00:00:08,480 --> 00:00:13,400 Speaker 1: retaliation against Tomas has just begun. Bloomberg's Ethan Bronner has 4 00:00:13,440 --> 00:00:15,960 Speaker 1: more on what net Nyah, who told his country in 5 00:00:16,000 --> 00:00:17,520 Speaker 1: a televised address. 6 00:00:17,640 --> 00:00:20,520 Speaker 2: This is not going to be a walk in the park. 7 00:00:20,600 --> 00:00:24,240 Speaker 2: We are going to take this force down. We are 8 00:00:24,239 --> 00:00:27,040 Speaker 2: going to do it in a way that for decades, 9 00:00:27,080 --> 00:00:29,800 Speaker 2: he said, they will never be they will remember it. 10 00:00:29,880 --> 00:00:33,440 Speaker 2: So one thing. The second thing is, you know, to 11 00:00:33,520 --> 00:00:35,839 Speaker 2: talk about the people who were taken hostage, to talk 12 00:00:35,880 --> 00:00:39,040 Speaker 2: about the people who were slaughtered, to sort of focus 13 00:00:39,200 --> 00:00:44,640 Speaker 2: on the pure evil the isis like nature of this massacre. 14 00:00:44,880 --> 00:00:48,040 Speaker 1: That is Bloomberg's Ethan Bronner. The war in Israel has 15 00:00:48,080 --> 00:00:51,600 Speaker 1: the potential to disrupt the flow of oil in the Mideast. 16 00:00:51,800 --> 00:00:55,080 Speaker 1: Israel's role in the global supply is very limited. However, 17 00:00:55,120 --> 00:00:59,800 Speaker 1: this year Iran has become a major source of extra crude. 18 00:01:00,040 --> 00:01:03,280 Speaker 1: The country has been selling oil to China. Here is 19 00:01:03,440 --> 00:01:06,400 Speaker 1: amrita sin of energy aspects. 20 00:01:06,720 --> 00:01:09,000 Speaker 3: It is only China that's buying it, and it's very 21 00:01:09,000 --> 00:01:13,840 Speaker 3: hard for the US reinforce any kind of sanctions. Given 22 00:01:13,880 --> 00:01:16,200 Speaker 3: the route that Iran is right now taking to China, 23 00:01:16,280 --> 00:01:20,640 Speaker 3: you might get a bit more of vocal US administration, 24 00:01:20,840 --> 00:01:24,120 Speaker 3: and they had turned a blind eye, you could definitely 25 00:01:24,160 --> 00:01:27,440 Speaker 3: expect some more, just a more scrutiny around those volumes. 26 00:01:27,520 --> 00:01:30,959 Speaker 1: That is m Rita sen of Energy Aspects. The three 27 00:01:31,080 --> 00:01:34,840 Speaker 1: largest US airlines have halted flights to and from Israel, 28 00:01:35,120 --> 00:01:37,080 Speaker 1: more from Bloomberg's tom Busby. 29 00:01:37,000 --> 00:01:40,720 Speaker 4: Delta, United and American Airlines have all canceled all their 30 00:01:40,760 --> 00:01:44,200 Speaker 4: flights to and from Tel Aviv. In response, the US 31 00:01:44,200 --> 00:01:47,800 Speaker 4: Federal Aviation Administration said in a statement quote, operators are 32 00:01:47,800 --> 00:01:52,200 Speaker 4: advised to exercise caution and review the security situation before 33 00:01:52,280 --> 00:01:55,720 Speaker 4: resuming operations into and out of Israel. Now, those US 34 00:01:55,760 --> 00:02:00,120 Speaker 4: airlines are not alone. Germany's Luftanza Air, France KLM, and 35 00:02:00,120 --> 00:02:03,320 Speaker 4: the low cost Hungarian carrier whiz Air also canceled flights 36 00:02:03,320 --> 00:02:07,200 Speaker 4: to Israel. In total, airlines worldwide canceled forty four percent 37 00:02:07,200 --> 00:02:10,200 Speaker 4: of scheduled flights out of Tel Aviv on Sunday alone. 38 00:02:09,880 --> 00:02:13,239 Speaker 1: That is Bloomberg's tom Busby. A delegation of US senators 39 00:02:13,320 --> 00:02:16,840 Speaker 1: met on Monday with Chinese President Chi Jinping. This marked 40 00:02:16,840 --> 00:02:20,400 Speaker 1: the first time she met with US senator since twenty fifteen, 41 00:02:20,480 --> 00:02:23,880 Speaker 1: when he spoke with congressional leaders on a visit to Washington. 42 00:02:24,240 --> 00:02:27,240 Speaker 1: This delegation, by the way, was led by Senate Majority 43 00:02:27,320 --> 00:02:31,480 Speaker 1: Leader Chuck Schumer. Here is Schumer briefing reporters after the meeting. 44 00:02:31,800 --> 00:02:35,359 Speaker 5: The United States and China are at a historic decision 45 00:02:35,440 --> 00:02:39,720 Speaker 5: point in the relationship between our countries. Our bipartisan Senate 46 00:02:39,760 --> 00:02:44,600 Speaker 5: delegation spoke candidly with President Chi about a range of 47 00:02:44,639 --> 00:02:49,600 Speaker 5: issues and our respective priorities. We made clear to the 48 00:02:49,639 --> 00:02:54,800 Speaker 5: President Chi that America wants fairness and stability. At the 49 00:02:54,840 --> 00:02:59,080 Speaker 5: foundation of the relationship. Must be a level playing field 50 00:02:59,080 --> 00:03:03,680 Speaker 5: for American businessnesses and workers, as well as responsible competition. 51 00:03:04,360 --> 00:03:07,160 Speaker 5: We may clear we don't think that level playing field 52 00:03:07,280 --> 00:03:08,280 Speaker 5: exists right now. 53 00:03:08,400 --> 00:03:11,360 Speaker 1: That is Senate Majority Leader Chuck Schumer. He went on 54 00:03:11,440 --> 00:03:14,920 Speaker 1: to say that Beijing revised its initial statement on the 55 00:03:14,960 --> 00:03:19,240 Speaker 1: attack on Israel. Beijing condemned the loss of civilian life 56 00:03:19,560 --> 00:03:23,919 Speaker 1: after Schumer requested a more forceful response. Two of the 57 00:03:23,960 --> 00:03:27,080 Speaker 1: world's biggest memory chip makers have received the ok to 58 00:03:27,160 --> 00:03:31,360 Speaker 1: expand their operations in China. The story from Bloomberg's and Kates. 59 00:03:31,080 --> 00:03:34,200 Speaker 6: The Biden administration will allow Samsung and Heinez to acquire 60 00:03:34,240 --> 00:03:37,360 Speaker 6: the equipment they need, effectively granting the pair and definite 61 00:03:37,360 --> 00:03:40,400 Speaker 6: waiver on broader restrictions banning the shipment of advanced chip 62 00:03:40,400 --> 00:03:43,320 Speaker 6: making gear to China. Heinix and Samsung are now free 63 00:03:43,360 --> 00:03:46,800 Speaker 6: to import advanced American machinery that would otherwise be prohibited 64 00:03:46,840 --> 00:03:49,360 Speaker 6: from entering China, but are crucial in allowing the two 65 00:03:49,360 --> 00:03:52,120 Speaker 6: South Korea industry leaders to operate in the world's biggest 66 00:03:52,200 --> 00:03:53,600 Speaker 6: chip arena over the long term. 67 00:03:53,640 --> 00:03:56,800 Speaker 1: And that is Bloomberg's and Kates. In the days FED speak, 68 00:03:56,880 --> 00:03:59,960 Speaker 1: the Vice Chair Philip Jefferson was saying today the recent 69 00:04:00,280 --> 00:04:04,080 Speaker 1: increase in treasury yields has the potential to further restrain 70 00:04:04,160 --> 00:04:05,280 Speaker 1: the American economy. 71 00:04:05,720 --> 00:04:09,480 Speaker 7: My view is that the FMC is in a position 72 00:04:09,880 --> 00:04:14,760 Speaker 7: to proceed carefully in assessing the extent of any additional 73 00:04:14,840 --> 00:04:18,039 Speaker 7: policy firming that may be necessary. We are in a 74 00:04:18,200 --> 00:04:22,600 Speaker 7: sensitive period of risk management where we have to balance 75 00:04:22,839 --> 00:04:26,719 Speaker 7: the risk of not having tightened enough against the risk 76 00:04:27,080 --> 00:04:29,200 Speaker 7: of policy being too restrictive. 77 00:04:29,320 --> 00:04:32,520 Speaker 1: That is FED Vice Chair of Philip Jefferson. That's news 78 00:04:32,600 --> 00:04:35,560 Speaker 1: when you want it. With Bloomberg News now I'm Doug prisoner, 79 00:04:35,600 --> 00:04:36,640 Speaker 1: and this is Bloomberg.