1 00:00:02,480 --> 00:00:10,799 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. Good morning, I'm Nathan 2 00:00:10,840 --> 00:00:13,800 Speaker 1: Hager and I'm Karen Moscow. Here are the stories we're 3 00:00:13,840 --> 00:00:14,640 Speaker 1: following today. 4 00:00:14,800 --> 00:00:17,320 Speaker 2: Karen, we begin in the Middle East, where intense fighting 5 00:00:17,400 --> 00:00:21,159 Speaker 2: continues between Israel and Hezbolah. Israel is carrying out a 6 00:00:21,200 --> 00:00:23,959 Speaker 2: third day of air strikes in southern Lebanon and the 7 00:00:24,000 --> 00:00:27,520 Speaker 2: northeastern Bikaw Valley. Now, for the first time, Israel says 8 00:00:27,560 --> 00:00:30,720 Speaker 2: it has intercepted a Hezbola missile aimed at Tel Aviv. 9 00:00:31,040 --> 00:00:33,680 Speaker 2: Bloomberg's Dan Williams has more from Jerusalem. 10 00:00:33,960 --> 00:00:37,280 Speaker 3: This will certainly be viewed by Israel potentially as the 11 00:00:37,360 --> 00:00:42,240 Speaker 3: red line that could draw further escalation, potentially intensified Israeli 12 00:00:42,240 --> 00:00:46,159 Speaker 3: attacks in or around Beirut itself. What we know for 13 00:00:46,200 --> 00:00:48,839 Speaker 3: now it was a surface to surface missile that was 14 00:00:48,920 --> 00:00:52,560 Speaker 3: intercepted in Israel. But Israel has a very sophisticated early 15 00:00:52,560 --> 00:00:55,520 Speaker 3: alert system which set off sirens in Tel Aviv and 16 00:00:55,560 --> 00:00:58,279 Speaker 3: a city north of Tel Aviv, indicating that was the 17 00:00:58,280 --> 00:00:59,200 Speaker 3: intended target. 18 00:00:59,360 --> 00:01:01,640 Speaker 2: And for now bloom for ex Dan Williams reports Israel's 19 00:01:01,640 --> 00:01:04,680 Speaker 2: focused on pushing Hesbala fighters away from the border, so 20 00:01:04,760 --> 00:01:08,280 Speaker 2: tens of thousands of Israelis can return to their homes. Still, 21 00:01:08,360 --> 00:01:11,640 Speaker 2: Israeli officials say they are prepared to move soldiers into 22 00:01:11,680 --> 00:01:13,720 Speaker 2: Lebanon if they think it's necessary. 23 00:01:14,200 --> 00:01:16,960 Speaker 1: Well, Nathan, the geopolitical tensions around the world. They are 24 00:01:16,959 --> 00:01:19,960 Speaker 1: a major theme as the meeting of world leaders resumes 25 00:01:19,959 --> 00:01:22,200 Speaker 1: at the UN General Assembly in New York, and we 26 00:01:22,240 --> 00:01:24,040 Speaker 1: get more from Bloomberg's David Gura. 27 00:01:24,560 --> 00:01:27,000 Speaker 4: This week, some two hundred world leaders will speak at 28 00:01:27,040 --> 00:01:30,160 Speaker 4: the United Nations headquarters in New York, including Ukraine's President 29 00:01:30,240 --> 00:01:34,320 Speaker 4: Vladimir Lensky, the scheduled to address the UN today. Zelenski 30 00:01:34,360 --> 00:01:37,360 Speaker 4: will then travel to Washington for meetings with President Biden 31 00:01:37,400 --> 00:01:41,200 Speaker 4: and Vice President Harris on Thursday, and his remarks, Biden 32 00:01:41,319 --> 00:01:45,280 Speaker 4: called for more cooperation among nations and acknowledged the challenges 33 00:01:45,319 --> 00:01:47,560 Speaker 4: as he put it, in Ukraine and the Middle East. 34 00:01:48,080 --> 00:01:51,400 Speaker 4: Israel's Prime Minister Benjamin Netanyahu is expected to address the 35 00:01:51,480 --> 00:01:55,040 Speaker 4: UN on Friday, although he postponed his trip after the 36 00:01:55,040 --> 00:01:58,440 Speaker 4: start of Israel's new military campaign against Hesbola in Lebanon. 37 00:01:58,840 --> 00:02:02,160 Speaker 4: In New York, David Gura Bloomberg Radio David thanks now 38 00:02:02,200 --> 00:02:04,720 Speaker 4: to the latest on the presidential race. The Trump campaign 39 00:02:04,720 --> 00:02:07,320 Speaker 4: says it has been briefed on quote real and specific 40 00:02:07,440 --> 00:02:11,359 Speaker 4: threats by Iran to assassinate the former president. A campaign 41 00:02:11,360 --> 00:02:14,639 Speaker 4: spokesman says a representative from the Director of National Intelligence 42 00:02:14,680 --> 00:02:17,680 Speaker 4: told Trump about the plot. The former president didn't mention 43 00:02:17,720 --> 00:02:20,480 Speaker 4: it in his latest campaign stump speech. He's talking about 44 00:02:20,520 --> 00:02:24,560 Speaker 4: cutting corporate taxes and threatening tariffs to bring foreign companies 45 00:02:24,680 --> 00:02:26,400 Speaker 4: and their jobs to the US. 46 00:02:26,760 --> 00:02:30,080 Speaker 5: We want American citizens, and we want their plants built here, 47 00:02:30,520 --> 00:02:33,399 Speaker 5: not two feet over the border and selling them into 48 00:02:33,440 --> 00:02:34,040 Speaker 5: our country. 49 00:02:34,040 --> 00:02:34,840 Speaker 6: We're not doing that. 50 00:02:35,080 --> 00:02:38,000 Speaker 2: Former President Trump spoke there in Savannah, Georgia yesterday. Now, 51 00:02:38,040 --> 00:02:40,680 Speaker 2: there's no indication that Iran's efforts are linked to the 52 00:02:40,680 --> 00:02:44,000 Speaker 2: two recent attempts on the former president's life. Ryan Ruth, 53 00:02:44,040 --> 00:02:47,280 Speaker 2: the suspect in this month's incident at Trump's Florida golf course, 54 00:02:47,520 --> 00:02:51,919 Speaker 2: was charged yesterday with attempted assassination of a major presidential candidate. 55 00:02:52,400 --> 00:02:56,399 Speaker 1: Meanwhile, Nathan Trump's opponent, Kamala Harris, will be in Pittsburgh today. 56 00:02:56,480 --> 00:02:59,000 Speaker 1: During his speech, she will outline her economic vision and 57 00:02:59,040 --> 00:03:03,640 Speaker 1: new initiatives to bolster domestic manufacturing services. Say Harris's address 58 00:03:03,639 --> 00:03:06,760 Speaker 1: will emphasize her willingness to work with business leaders to 59 00:03:06,800 --> 00:03:10,000 Speaker 1: grow the overall economy while also stressing the importance of 60 00:03:10,040 --> 00:03:12,160 Speaker 1: protecting workers' wages and benefits. 61 00:03:12,440 --> 00:03:15,400 Speaker 2: Meanwhile, Karen back in Washington, House members plan to pass 62 00:03:15,440 --> 00:03:19,799 Speaker 2: a stopgap funding bill today, avoiding an October first government shutdown. 63 00:03:20,080 --> 00:03:23,120 Speaker 2: Bloomberg's Amy Morris has the latest from the nation's capital. 64 00:03:23,480 --> 00:03:26,280 Speaker 7: Lawmakers say they'll pass the measure even if they need 65 00:03:26,280 --> 00:03:29,040 Speaker 7: a two third super majority to do it, because the 66 00:03:29,080 --> 00:03:32,360 Speaker 7: House skipped a procedural step in this process on Monday. 67 00:03:32,560 --> 00:03:34,880 Speaker 7: The vote will require two thirds of the House to 68 00:03:34,920 --> 00:03:37,040 Speaker 7: support it, and they do expect it to pass. It 69 00:03:37,120 --> 00:03:41,240 Speaker 7: is bipartisan, but there's still time for complaints from hardline conservatives, 70 00:03:41,480 --> 00:03:44,400 Speaker 7: and that could complicate Speaker Mike Johnson's path to a 71 00:03:44,440 --> 00:03:47,720 Speaker 7: full compromise funding bill in the lame duck session. Now, 72 00:03:47,720 --> 00:03:50,880 Speaker 7: with a House vote today, they're aiming for speedy Senate 73 00:03:50,880 --> 00:03:54,520 Speaker 7: approval by next week, and the continuing resolution funds the 74 00:03:54,560 --> 00:03:58,480 Speaker 7: government through December twentieth, so that means another spending showdown 75 00:03:58,600 --> 00:04:02,840 Speaker 7: just days before Christmas. In Washington, Amy Morris Bloomberg Radio, All. 76 00:04:02,800 --> 00:04:04,800 Speaker 1: Right, Amy, thanks, We'll be turned to the markets now 77 00:04:04,800 --> 00:04:07,640 Speaker 1: and stalks begin a day in record territory. In fact, 78 00:04:07,640 --> 00:04:10,000 Speaker 1: the S and P five hundred registered its forty first 79 00:04:10,120 --> 00:04:13,520 Speaker 1: record close of the year yesterday. In company news this morning, 80 00:04:13,600 --> 00:04:17,039 Speaker 1: Berkshire Hathaway owns fewer shares of Bank of America, and 81 00:04:17,080 --> 00:04:19,279 Speaker 1: we get more on that from Bloomberg's Doug Prisner. 82 00:04:19,440 --> 00:04:22,480 Speaker 8: Berkshire Hathaway sold an additional eight hundred and sixty three 83 00:04:22,560 --> 00:04:26,120 Speaker 8: million dollars worth of BNA stock on Tuesday. It brings 84 00:04:26,120 --> 00:04:30,200 Speaker 8: Berkshire stay closer to a ten percent regulatory threshold. After 85 00:04:30,240 --> 00:04:33,840 Speaker 8: selling BNA shares over the three trading days through Tuesday, 86 00:04:34,200 --> 00:04:36,719 Speaker 8: Berkshire now owns ten and a half percent of the 87 00:04:36,760 --> 00:04:39,920 Speaker 8: second largest US bank, and as long as Berkshire remains 88 00:04:39,960 --> 00:04:43,760 Speaker 8: above that ten percent threshold, it must disclosed trades within 89 00:04:43,800 --> 00:04:47,200 Speaker 8: a few days. Berkshire's remaining stake in Bank of America 90 00:04:47,360 --> 00:04:50,200 Speaker 8: is now worth thirty two point one billion dollars based 91 00:04:50,240 --> 00:04:54,400 Speaker 8: on Tuesday's closing price, preserving its position as the largest 92 00:04:54,440 --> 00:04:57,960 Speaker 8: shareholder in New York. I'm Doug Prisoner Bloomberg Radio, Doug. 93 00:04:57,839 --> 00:04:58,280 Speaker 9: Thank you. 94 00:04:58,440 --> 00:05:01,080 Speaker 2: Boeing has heard back from its ranking workers about its 95 00:05:01,160 --> 00:05:04,559 Speaker 2: latest offer. In Bloomberg's John Tucker's following this story, John 96 00:05:04,640 --> 00:05:06,880 Speaker 2: sounds like. The answer was a resounding no. 97 00:05:07,279 --> 00:05:10,240 Speaker 10: Yeah, Nathan. The Machinist and Aerospace Workers Union instead of 98 00:05:10,240 --> 00:05:15,200 Speaker 10: survey of members was overwhelmingly clear they're not interested, calling 99 00:05:15,240 --> 00:05:20,040 Speaker 10: it inadequate and even disrespectful. The company infuriated the union 100 00:05:20,080 --> 00:05:21,840 Speaker 10: by and trying to do an end run and take 101 00:05:21,880 --> 00:05:25,760 Speaker 10: an offer of a thirty percent payhike directly to the workers. Well, 102 00:05:25,800 --> 00:05:28,239 Speaker 10: Boeing is trying to ratchet down the tension just a little. 103 00:05:28,279 --> 00:05:30,919 Speaker 10: They backed off of Friday night deadline for workers to 104 00:05:30,960 --> 00:05:34,640 Speaker 10: approve a new pact. A Boeing, meantime, has a new headache. 105 00:05:34,760 --> 00:05:38,839 Speaker 10: A congressional panel investigating Boeing safety culture has released an 106 00:05:38,839 --> 00:05:43,320 Speaker 10: internal company survey that found many factory workers felt pressure 107 00:05:43,400 --> 00:05:47,520 Speaker 10: to prioritize speed over quality, even months after that midair 108 00:05:47,560 --> 00:05:50,120 Speaker 10: blowout on one of the company's jets in New York 109 00:05:50,160 --> 00:05:51,919 Speaker 10: homes John Tucker, Bloomberg. 110 00:05:51,560 --> 00:05:54,240 Speaker 1: Radio, All right, John, thank you well. In legal news, 111 00:05:54,320 --> 00:05:57,279 Speaker 1: Caroline Ellison has been sentenced to twenty four months in 112 00:05:57,360 --> 00:06:01,120 Speaker 1: prison for her role in the FTX collapse, helping prosecutors 113 00:06:01,120 --> 00:06:03,920 Speaker 1: in the conviction of Sam Bankman, freed her former boss 114 00:06:03,920 --> 00:06:07,160 Speaker 1: and boyfriend. Bloomberg Radio law host JOm Grosso has more 115 00:06:07,200 --> 00:06:08,040 Speaker 1: on the sentencing. 116 00:06:08,360 --> 00:06:11,640 Speaker 11: Now, Sam bekman Free got twenty five years, so compared 117 00:06:11,680 --> 00:06:14,240 Speaker 11: to that she only got two years, it seems I 118 00:06:14,279 --> 00:06:17,680 Speaker 11: would consider it pretty lenient, although there was a possibility 119 00:06:17,720 --> 00:06:19,800 Speaker 11: that she would get no time. 120 00:06:20,320 --> 00:06:23,920 Speaker 1: Bloomberg's Judne Grosso says, like bankmin freed, Ellison was ordered 121 00:06:23,920 --> 00:06:27,560 Speaker 1: to forfeit eleven billion dollars as proceeds of the crime, Karen. 122 00:06:27,600 --> 00:06:31,359 Speaker 2: The US officials are investigating whether German software developer SAP, 123 00:06:31,680 --> 00:06:37,000 Speaker 2: product reseller Carosoft Technology, and other companies conspired to overcharge 124 00:06:37,040 --> 00:06:40,400 Speaker 2: government agencies for the course of a decade. According to 125 00:06:40,440 --> 00:06:43,080 Speaker 2: federal court records, Justice Department lawyers have been looking at 126 00:06:43,120 --> 00:06:47,520 Speaker 2: whether SAP illegally conspired with Kearrosoft to fix prices on 127 00:06:47,600 --> 00:06:50,000 Speaker 2: sales to the US military and other parts of the government. 128 00:06:50,279 --> 00:06:54,080 Speaker 2: SAP makes accounting, human resources, supply chain and other business 129 00:06:54,080 --> 00:06:59,160 Speaker 2: software used around the globe. Shares are down four percent overseas. 130 00:07:02,360 --> 00:07:03,800 Speaker 1: Beys time now for a look at some of the 131 00:07:03,800 --> 00:07:06,400 Speaker 1: other stories making news in New York and around the world, 132 00:07:06,480 --> 00:07:08,480 Speaker 1: and for that we're joined by Bloomberg's Michael Barr. 133 00:07:08,520 --> 00:07:12,320 Speaker 6: Michael, good morning, Good morning, Karen. Tropical Storm Alene strengthens 134 00:07:12,400 --> 00:07:17,160 Speaker 6: as hurricane mornings cover parts of Florida and Mexico. Bloomberg 135 00:07:17,200 --> 00:07:18,960 Speaker 6: mediarologist Rob Carolyn as. 136 00:07:18,800 --> 00:07:22,120 Speaker 12: The latest Helene continues to strengthen in the northwestern Caribbean, 137 00:07:22,120 --> 00:07:24,240 Speaker 12: and it's going to pass very close to the Yucatan 138 00:07:24,360 --> 00:07:26,040 Speaker 12: this morning, and then as it works between it's the 139 00:07:26,040 --> 00:07:29,200 Speaker 12: eastern Gulf of Mexico, will become a rather strong hurricane 140 00:07:29,200 --> 00:07:31,640 Speaker 12: and a large hurricane. We think it's going to be 141 00:07:31,680 --> 00:07:34,000 Speaker 12: making landfall somewhere in the Big Bend area of Florida 142 00:07:34,080 --> 00:07:36,640 Speaker 12: Thursday as a storm with winds of over one hundred 143 00:07:36,680 --> 00:07:39,720 Speaker 12: miles an hour and a very significant storm surge. Since 144 00:07:39,720 --> 00:07:42,200 Speaker 12: it'll have such a large circulation, its impact that we 145 00:07:42,240 --> 00:07:44,280 Speaker 12: felt over much of the Florida Pillian It's like even 146 00:07:44,320 --> 00:07:47,000 Speaker 12: the Florida Panhandle, and then up into the southeastern United 147 00:07:47,000 --> 00:07:49,560 Speaker 12: States where we could see quite a bit of flooding tomorrow. 148 00:07:49,760 --> 00:07:51,640 Speaker 12: I'm Rob Carolyn, Bloomberg Radio. 149 00:07:52,600 --> 00:07:55,760 Speaker 6: Rob. Thank you very much. Helen comes after tropical storm 150 00:07:55,880 --> 00:08:00,920 Speaker 6: John slam Mexico's Pacific coast late Monday, leaving two pa dead. 151 00:08:01,240 --> 00:08:04,600 Speaker 6: A twelfth lawsuit has been filed against Sean Diddy Combs 152 00:08:04,600 --> 00:08:07,400 Speaker 6: by a woman claiming he raped her in New York 153 00:08:07,480 --> 00:08:10,840 Speaker 6: decades ago. With Combs in jail in New York facing 154 00:08:10,840 --> 00:08:14,720 Speaker 6: criminal charges, Dally of Graves is now suing him. She 155 00:08:14,840 --> 00:08:18,000 Speaker 6: says when she was twenty five years old, she was 156 00:08:18,040 --> 00:08:21,440 Speaker 6: summoned to a meeting with Combs. She alleges that he 157 00:08:21,680 --> 00:08:24,640 Speaker 6: raped her after she was slammed face down on a 158 00:08:24,640 --> 00:08:26,240 Speaker 6: pool table by another man. 159 00:08:26,640 --> 00:08:31,280 Speaker 1: He so has had last new fix on my body, 160 00:08:32,440 --> 00:08:34,480 Speaker 1: causing ongoing. 161 00:08:34,760 --> 00:08:39,199 Speaker 6: Problems, Graves claims. Over twenty years later, Combs as a 162 00:08:39,320 --> 00:08:43,160 Speaker 6: video he has shown other people of her assault. President 163 00:08:43,240 --> 00:08:47,120 Speaker 6: Joe Biden delivered remarks on climate at the Bloomberg Global 164 00:08:47,280 --> 00:08:51,080 Speaker 6: Business Forum in New York City. Biden says America is 165 00:08:51,160 --> 00:08:55,199 Speaker 6: positioned to lead other countries on climate change and criticized 166 00:08:55,240 --> 00:08:56,840 Speaker 6: Donald Trump on this issue. 167 00:08:57,200 --> 00:09:00,560 Speaker 13: All this historic climate changes in stark contrast my predecess. 168 00:09:01,679 --> 00:09:05,640 Speaker 13: He says, he'd be repealed the Inflation Reduction Act. He 169 00:09:05,800 --> 00:09:09,800 Speaker 13: let our factory shut down. He moved the world backwards. 170 00:09:10,200 --> 00:09:13,240 Speaker 13: His denial of climate change condemns our future generations to 171 00:09:13,280 --> 00:09:14,480 Speaker 13: a more dangerous world. 172 00:09:14,960 --> 00:09:18,400 Speaker 6: President Biden also says the US is making major progress 173 00:09:18,440 --> 00:09:22,680 Speaker 6: in bringing back technology manufacturing from China. Finally, a black 174 00:09:22,840 --> 00:09:26,679 Speaker 6: combat medic who treated two hundred troops during the invasion 175 00:09:26,720 --> 00:09:29,480 Speaker 6: of Normandy during World War Two. Is being honored with 176 00:09:29,600 --> 00:09:33,120 Speaker 6: the Army's second highest award. The family of Waverley Woodson 177 00:09:33,240 --> 00:09:36,920 Speaker 6: Junior gathered yesterday in Washington. See Woodson's ninety five year 178 00:09:36,920 --> 00:09:41,120 Speaker 6: old Woodhull received the Distinguished Service Cross. He was awarded 179 00:09:41,120 --> 00:09:44,559 Speaker 6: posthumously for his heroism. Global News twenty four hours a 180 00:09:44,640 --> 00:09:47,040 Speaker 6: day and whenever you want it with Bloomberg News Now. 181 00:09:47,440 --> 00:09:50,079 Speaker 6: Michael Barrn, This is Bloomberg Karen. 182 00:09:50,280 --> 00:09:57,240 Speaker 1: All right, Michael, thank you. Time now for the Bloomberg 183 00:09:57,360 --> 00:09:59,040 Speaker 1: Sportes Update with John Stanshaur. 184 00:09:59,120 --> 00:10:01,840 Speaker 9: John, good morning, Good morning, Karen. The Yankees were hoping 185 00:10:01,880 --> 00:10:04,840 Speaker 9: to clinch the division. The Mets we're looking to take 186 00:10:04,880 --> 00:10:08,080 Speaker 9: a big step towards a playoff spot. Neither happened at 187 00:10:08,120 --> 00:10:10,760 Speaker 9: the stadium. Baltimore hit three home runs it despite Aaron judge. 188 00:10:10,880 --> 00:10:14,120 Speaker 9: It is fifty six of the season. Orioles won five 189 00:10:14,160 --> 00:10:16,400 Speaker 9: to three. Yanks were hit by a base running blundered 190 00:10:16,400 --> 00:10:18,600 Speaker 9: by Glabor Torres seventh. I think they were down a run. 191 00:10:18,679 --> 00:10:20,840 Speaker 9: Torres tried to score from third and never got closed 192 00:10:21,000 --> 00:10:24,079 Speaker 9: another chance to clinch Tonight, Euston clinch the Al West 193 00:10:24,080 --> 00:10:26,720 Speaker 9: Astros were at one point ten games out. Mets did 194 00:10:26,720 --> 00:10:29,079 Speaker 9: at Lanta, lost five to one Mark Biento's homeward, but 195 00:10:29,120 --> 00:10:32,120 Speaker 9: the Mets had only three other hits. As Spencer Schelling 196 00:10:32,200 --> 00:10:35,160 Speaker 9: back beat Luis seven Reno. Brandon Nemo looks ahead to 197 00:10:35,200 --> 00:10:36,240 Speaker 9: game two tonight. 198 00:10:36,600 --> 00:10:38,720 Speaker 14: You know, in a regular season, you know that games 199 00:10:38,720 --> 00:10:40,200 Speaker 14: like this are going to happen, and sometimes there's gonna 200 00:10:40,200 --> 00:10:43,360 Speaker 14: be days like this. So I think tomorrow you start fresh, 201 00:10:43,480 --> 00:10:45,400 Speaker 14: and that's the thing is you try to have short 202 00:10:45,480 --> 00:10:47,960 Speaker 14: term memory come into the next day. That's what we 203 00:10:48,000 --> 00:10:50,079 Speaker 14: did inst Philadelphia too. We were just trying to win 204 00:10:50,120 --> 00:10:52,520 Speaker 14: one game at a time, and so tomorrow we try 205 00:10:52,520 --> 00:10:54,520 Speaker 14: and win. We try and go one to zero, and 206 00:10:54,559 --> 00:10:56,719 Speaker 14: we bring, you know, we bring the energy and try 207 00:10:56,760 --> 00:10:58,520 Speaker 14: and get things, you know, kind of rolling our way. 208 00:10:58,600 --> 00:11:00,800 Speaker 9: But the Mets tonight have to face rist Sale and 209 00:11:00,880 --> 00:11:04,040 Speaker 9: he is eighteen and three. Arizona lost to the Giants 210 00:11:04,040 --> 00:11:07,040 Speaker 9: eleven and h So this is very much three team 211 00:11:07,160 --> 00:11:10,120 Speaker 9: race ye for two NL wildcards. The metsley the Diamondbacks 212 00:11:10,160 --> 00:11:12,960 Speaker 9: by a half game, the Braves by one. The Padres 213 00:11:13,280 --> 00:11:15,640 Speaker 9: clinched the first NL wildcard they beat the Dodgers. The 214 00:11:15,679 --> 00:11:19,040 Speaker 9: game ended with San Diego turning a triple play. The 215 00:11:19,120 --> 00:11:22,080 Speaker 9: Liberty got thirty six points from sabrina I Andescu beat 216 00:11:22,120 --> 00:11:25,640 Speaker 9: the Dream to advance to the WNBA semifinals. John Stansh 217 00:11:25,679 --> 00:11:26,920 Speaker 9: they were Bloomberg Sports gearing. 218 00:11:26,920 --> 00:11:27,160 Speaker 1: I mean. 219 00:11:29,360 --> 00:11:33,480 Speaker 15: Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 220 00:11:33,559 --> 00:11:36,440 Speaker 15: and around the world on Bloomberg dot Com and the 221 00:11:36,520 --> 00:11:40,600 Speaker 15: Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm 222 00:11:40,679 --> 00:11:41,360 Speaker 15: Nathan Hager. 223 00:11:41,640 --> 00:11:45,720 Speaker 2: As intense fighting continues between Israel and Hezbollah, world leaders 224 00:11:45,720 --> 00:11:49,680 Speaker 2: are urging both sides to de escalate. President Biden addressed 225 00:11:49,679 --> 00:11:53,240 Speaker 2: the conflict in his final speech to the UN General Assembly. 226 00:11:53,720 --> 00:11:57,560 Speaker 13: Full scale wars not in anyone's interest. Even a situation 227 00:11:57,720 --> 00:12:01,320 Speaker 13: is escalated, a diplomatic solution is still possible. 228 00:12:01,480 --> 00:12:04,680 Speaker 2: And despite those words from President Biden, Israeli airstrikes and 229 00:12:04,760 --> 00:12:07,800 Speaker 2: Hesbola rocket attacks go on, including at least one now 230 00:12:07,840 --> 00:12:11,720 Speaker 2: aimed at Israel's financial hub Tel Aviv. Bloomberg's Israel Bureau 231 00:12:11,840 --> 00:12:14,640 Speaker 2: chief Ethan Brauner is there and joins us now with 232 00:12:14,720 --> 00:12:18,400 Speaker 2: the latest. Ethan, good morning, What are we seeing now? 233 00:12:18,440 --> 00:12:21,400 Speaker 2: I hear there are more bombardments in Lebanon this morning. 234 00:12:22,679 --> 00:12:27,720 Speaker 5: That's right, Nathan. The Israel's continuing to strike pretty widely 235 00:12:27,800 --> 00:12:31,760 Speaker 5: in south Lebanon and the Bikaw Valley east of Beirut, 236 00:12:32,240 --> 00:12:36,800 Speaker 5: and some forty projectiles have come at Israel from Lebanon, 237 00:12:36,920 --> 00:12:40,440 Speaker 5: So the continues to be a fair amount of activity 238 00:12:40,480 --> 00:12:41,200 Speaker 5: on both sides. 239 00:12:42,400 --> 00:12:47,920 Speaker 2: With this rocket apparently aimed at the Tel Aviv suburbs, 240 00:12:48,360 --> 00:12:51,120 Speaker 2: how significant an escalation could that be, Ethan? 241 00:12:52,080 --> 00:12:53,400 Speaker 5: So that's a good question. 242 00:12:53,720 --> 00:12:59,320 Speaker 16: I mean, never has his Belah launched a missile surface 243 00:12:59,360 --> 00:13:02,120 Speaker 16: to surface kind of missile at Tel Aviv before. It 244 00:13:02,240 --> 00:13:05,120 Speaker 16: was always kind of hanging over as the thing that 245 00:13:05,120 --> 00:13:09,280 Speaker 16: they could ultimately do if a real conflict broke out. 246 00:13:10,480 --> 00:13:12,920 Speaker 16: And indeed, as far as we know, they have tens 247 00:13:12,920 --> 00:13:15,800 Speaker 16: of thousands of long range missiles that they could send. 248 00:13:16,280 --> 00:13:19,040 Speaker 16: The interestant question is why only one came and what 249 00:13:19,160 --> 00:13:23,120 Speaker 16: its significance is in terms of an uptick in hostilities, 250 00:13:23,120 --> 00:13:25,840 Speaker 16: And I think it's a little hard to tell. 251 00:13:26,240 --> 00:13:30,280 Speaker 2: Could we see some kind of response beyond what Israel 252 00:13:30,480 --> 00:13:34,320 Speaker 2: has put out there these air strikes in southern Lebanon 253 00:13:34,400 --> 00:13:37,600 Speaker 2: and the eastern Becav Valley. Could this lead to something further? 254 00:13:39,600 --> 00:13:40,440 Speaker 5: It could? 255 00:13:40,600 --> 00:13:43,800 Speaker 16: I mean honestly, for more than a week now, Israel 256 00:13:43,840 --> 00:13:49,400 Speaker 16: has been on every day stepping up its attacks in Lebanon. 257 00:13:49,480 --> 00:13:53,000 Speaker 16: It began with those pagers that went off in people's 258 00:13:53,040 --> 00:13:56,160 Speaker 16: hands and pockets a week ago, a little more than 259 00:13:56,160 --> 00:13:59,160 Speaker 16: a week ago, and continued. 260 00:13:58,640 --> 00:14:03,000 Speaker 5: With the targeted fascinations and serious bombardments. Some five hundred 261 00:14:03,000 --> 00:14:05,559 Speaker 5: plus people were killed in one day as they went 262 00:14:05,600 --> 00:14:09,079 Speaker 5: after a whole bunch of launchers, rocket and missile launchers. 263 00:14:09,400 --> 00:14:12,960 Speaker 5: They said, sixteen hundred sites hitting one day, all of 264 00:14:13,000 --> 00:14:16,760 Speaker 5: which Israel says is aimed at trying to persuade Isbela 265 00:14:16,960 --> 00:14:19,960 Speaker 5: to come to the table to talk about pulling away 266 00:14:20,040 --> 00:14:24,080 Speaker 5: from the border with Israel and allowing its own citizens, 267 00:14:24,160 --> 00:14:27,160 Speaker 5: Israeli citizens to go back to their homes from which 268 00:14:27,160 --> 00:14:31,520 Speaker 5: they were driven on October eighth, after Isbela began attacking 269 00:14:31,600 --> 00:14:35,760 Speaker 5: in solidarity with Hamas and Palestinians in Gaza. 270 00:14:35,880 --> 00:14:39,840 Speaker 16: So it's a complicated situation. Israel is on a kind 271 00:14:39,880 --> 00:14:44,000 Speaker 16: of path of trying to pressure more and more. I 272 00:14:44,040 --> 00:14:46,000 Speaker 16: don't know that it would necessarily be a response to 273 00:14:46,040 --> 00:14:49,680 Speaker 16: the one missile that came in toward Tel Aviv today. 274 00:14:50,040 --> 00:14:52,680 Speaker 2: I did want to ask you about the room for diplomacy. 275 00:14:52,720 --> 00:14:56,480 Speaker 2: We did hear President Biden calling for a need to 276 00:14:56,560 --> 00:15:00,040 Speaker 2: de escalate, but it seems like escalation is what we 277 00:15:00,080 --> 00:15:04,360 Speaker 2: are seeing. Where is the room for diplomacy, particularly with 278 00:15:04,440 --> 00:15:08,200 Speaker 2: the UN General Assembly and these ongoing ceasefire talks and 279 00:15:08,240 --> 00:15:09,280 Speaker 2: Gaza in the backdrop. 280 00:15:10,600 --> 00:15:13,720 Speaker 16: Right, So, there is a French special envoy by the 281 00:15:13,800 --> 00:15:17,560 Speaker 16: name of Jean Yve Ludrillon who has spent the beginning 282 00:15:17,600 --> 00:15:20,240 Speaker 16: of this week in Beirut meeting with his Blah people 283 00:15:21,280 --> 00:15:25,400 Speaker 16: and is in touch with Israelis as well, and this 284 00:15:25,640 --> 00:15:28,160 Speaker 16: is the goal to come up with some There's been 285 00:15:28,200 --> 00:15:32,480 Speaker 16: a Franco effort for many, many months now to try 286 00:15:32,520 --> 00:15:35,280 Speaker 16: to get his Bola away from the border. They're right 287 00:15:35,360 --> 00:15:39,360 Speaker 16: up against the border and Israelis feel unsafe as a result. 288 00:15:39,840 --> 00:15:42,360 Speaker 16: If they could go back ten kilometers, that would be 289 00:15:42,360 --> 00:15:44,920 Speaker 16: what Israel would be willing to Originally it was supposed 290 00:15:44,960 --> 00:15:48,000 Speaker 16: to be only twenty five kilometers, but so that's where 291 00:15:48,040 --> 00:15:51,440 Speaker 16: they the discussions are underway. It's a little hard to 292 00:15:51,520 --> 00:15:54,560 Speaker 16: see if there's any progress of any kind. There's some 293 00:15:54,800 --> 00:15:58,560 Speaker 16: notion that it could maybe be a package deal. 294 00:15:58,400 --> 00:16:03,360 Speaker 5: Involvingstage Israeli hostage is held by Hamas and Gaza and 295 00:16:03,400 --> 00:16:05,720 Speaker 5: so on, but it's all pretty vague at this point. 296 00:16:05,880 --> 00:16:09,280 Speaker 1: This is Bloomberg Daybreak, your morning podcast on the stories 297 00:16:09,360 --> 00:16:12,400 Speaker 1: making news from Wall Street to Washington and beyond. 298 00:16:12,680 --> 00:16:15,040 Speaker 2: Look for us on your podcast feed by six am 299 00:16:15,080 --> 00:16:18,480 Speaker 2: Eastern each morning, on Apple, Spotify, or anywhere else you listen. 300 00:16:18,720 --> 00:16:21,560 Speaker 1: You can also listen live each morning starting at five 301 00:16:21,600 --> 00:16:24,320 Speaker 1: am Wall Street Time on Bloomberg eleven three to zero 302 00:16:24,320 --> 00:16:27,200 Speaker 1: in New York, Bloomberg in ninety nine to one in Washington, 303 00:16:27,280 --> 00:16:31,240 Speaker 1: Bloomberg ninety two nine in Boston, and nationwide on serious 304 00:16:31,440 --> 00:16:33,120 Speaker 1: XM Channel one twenty one. 305 00:16:33,400 --> 00:16:36,120 Speaker 2: Plus listen coast to coast on the Bloomberg Business app 306 00:16:36,160 --> 00:16:38,960 Speaker 2: now with Applecarplay and Android Atto interfaces. 307 00:16:39,200 --> 00:16:42,200 Speaker 1: And don't forget to subscribe to Bloomberg News Now. It's 308 00:16:42,240 --> 00:16:44,960 Speaker 1: the latest news whenever you want it in five minutes 309 00:16:45,040 --> 00:16:48,160 Speaker 1: or less. Search Bloomberg News Now and your favorite podcast 310 00:16:48,200 --> 00:16:52,360 Speaker 1: platform to stay informed all day long. I'm Karen Moscow. 311 00:16:52,160 --> 00:16:54,680 Speaker 2: And I'm Nathan Hager. Join us again tomorrow morning for 312 00:16:54,760 --> 00:16:56,640 Speaker 2: all the news you need to start your day right 313 00:16:56,680 --> 00:16:58,160 Speaker 2: here on Bloomberg Daybreak.