WEBVTT - Hezbollah Fires Missile at Tel Aviv; Buffett Unloads More Stock

0:00:02.480 --> 0:00:10.799
<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News. Good morning, I'm Nathan

0:00:10.840 --> 0:00:13.800
<v Speaker 1>Hager and I'm Karen Moscow. Here are the stories we're

0:00:13.840 --> 0:00:14.640
<v Speaker 1>following today.

0:00:14.800 --> 0:00:17.320
<v Speaker 2>Karen, we begin in the Middle East, where intense fighting

0:00:17.400 --> 0:00:21.159
<v Speaker 2>continues between Israel and Hezbolah. Israel is carrying out a

0:00:21.200 --> 0:00:23.959
<v Speaker 2>third day of air strikes in southern Lebanon and the

0:00:24.000 --> 0:00:27.520
<v Speaker 2>northeastern Bikaw Valley. Now, for the first time, Israel says

0:00:27.560 --> 0:00:30.720
<v Speaker 2>it has intercepted a Hezbola missile aimed at Tel Aviv.

0:00:31.040 --> 0:00:33.680
<v Speaker 2>Bloomberg's Dan Williams has more from Jerusalem.

0:00:33.960 --> 0:00:37.280
<v Speaker 3>This will certainly be viewed by Israel potentially as the

0:00:37.360 --> 0:00:42.240
<v Speaker 3>red line that could draw further escalation, potentially intensified Israeli

0:00:42.240 --> 0:00:46.159
<v Speaker 3>attacks in or around Beirut itself. What we know for

0:00:46.200 --> 0:00:48.839
<v Speaker 3>now it was a surface to surface missile that was

0:00:48.920 --> 0:00:52.560
<v Speaker 3>intercepted in Israel. But Israel has a very sophisticated early

0:00:52.560 --> 0:00:55.520
<v Speaker 3>alert system which set off sirens in Tel Aviv and

0:00:55.560 --> 0:00:58.279
<v Speaker 3>a city north of Tel Aviv, indicating that was the

0:00:58.280 --> 0:00:59.200
<v Speaker 3>intended target.

0:00:59.360 --> 0:01:01.640
<v Speaker 2>And for now bloom for ex Dan Williams reports Israel's

0:01:01.640 --> 0:01:04.680
<v Speaker 2>focused on pushing Hesbala fighters away from the border, so

0:01:04.760 --> 0:01:08.280
<v Speaker 2>tens of thousands of Israelis can return to their homes. Still,

0:01:08.360 --> 0:01:11.640
<v Speaker 2>Israeli officials say they are prepared to move soldiers into

0:01:11.680 --> 0:01:13.720
<v Speaker 2>Lebanon if they think it's necessary.

0:01:14.200 --> 0:01:16.960
<v Speaker 1>Well, Nathan, the geopolitical tensions around the world. They are

0:01:16.959 --> 0:01:19.960
<v Speaker 1>a major theme as the meeting of world leaders resumes

0:01:19.959 --> 0:01:22.200
<v Speaker 1>at the UN General Assembly in New York, and we

0:01:22.240 --> 0:01:24.040
<v Speaker 1>get more from Bloomberg's David Gura.

0:01:24.560 --> 0:01:27.000
<v Speaker 4>This week, some two hundred world leaders will speak at

0:01:27.040 --> 0:01:30.160
<v Speaker 4>the United Nations headquarters in New York, including Ukraine's President

0:01:30.240 --> 0:01:34.320
<v Speaker 4>Vladimir Lensky, the scheduled to address the UN today. Zelenski

0:01:34.360 --> 0:01:37.360
<v Speaker 4>will then travel to Washington for meetings with President Biden

0:01:37.400 --> 0:01:41.200
<v Speaker 4>and Vice President Harris on Thursday, and his remarks, Biden

0:01:41.319 --> 0:01:45.280
<v Speaker 4>called for more cooperation among nations and acknowledged the challenges

0:01:45.319 --> 0:01:47.560
<v Speaker 4>as he put it, in Ukraine and the Middle East.

0:01:48.080 --> 0:01:51.400
<v Speaker 4>Israel's Prime Minister Benjamin Netanyahu is expected to address the

0:01:51.480 --> 0:01:55.040
<v Speaker 4>UN on Friday, although he postponed his trip after the

0:01:55.040 --> 0:01:58.440
<v Speaker 4>start of Israel's new military campaign against Hesbola in Lebanon.

0:01:58.840 --> 0:02:02.160
<v Speaker 4>In New York, David Gura Bloomberg Radio David thanks now

0:02:02.200 --> 0:02:04.720
<v Speaker 4>to the latest on the presidential race. The Trump campaign

0:02:04.720 --> 0:02:07.320
<v Speaker 4>says it has been briefed on quote real and specific

0:02:07.440 --> 0:02:11.359
<v Speaker 4>threats by Iran to assassinate the former president. A campaign

0:02:11.360 --> 0:02:14.639
<v Speaker 4>spokesman says a representative from the Director of National Intelligence

0:02:14.680 --> 0:02:17.680
<v Speaker 4>told Trump about the plot. The former president didn't mention

0:02:17.720 --> 0:02:20.480
<v Speaker 4>it in his latest campaign stump speech. He's talking about

0:02:20.520 --> 0:02:24.560
<v Speaker 4>cutting corporate taxes and threatening tariffs to bring foreign companies

0:02:24.680 --> 0:02:26.400
<v Speaker 4>and their jobs to the US.

0:02:26.760 --> 0:02:30.080
<v Speaker 5>We want American citizens, and we want their plants built here,

0:02:30.520 --> 0:02:33.399
<v Speaker 5>not two feet over the border and selling them into

0:02:33.440 --> 0:02:34.040
<v Speaker 5>our country.

0:02:34.040 --> 0:02:34.840
<v Speaker 6>We're not doing that.

0:02:35.080 --> 0:02:38.000
<v Speaker 2>Former President Trump spoke there in Savannah, Georgia yesterday. Now,

0:02:38.040 --> 0:02:40.680
<v Speaker 2>there's no indication that Iran's efforts are linked to the

0:02:40.680 --> 0:02:44.000
<v Speaker 2>two recent attempts on the former president's life. Ryan Ruth,

0:02:44.040 --> 0:02:47.280
<v Speaker 2>the suspect in this month's incident at Trump's Florida golf course,

0:02:47.520 --> 0:02:51.919
<v Speaker 2>was charged yesterday with attempted assassination of a major presidential candidate.

0:02:52.400 --> 0:02:56.399
<v Speaker 1>Meanwhile, Nathan Trump's opponent, Kamala Harris, will be in Pittsburgh today.

0:02:56.480 --> 0:02:59.000
<v Speaker 1>During his speech, she will outline her economic vision and

0:02:59.040 --> 0:03:03.640
<v Speaker 1>new initiatives to bolster domestic manufacturing services. Say Harris's address

0:03:03.639 --> 0:03:06.760
<v Speaker 1>will emphasize her willingness to work with business leaders to

0:03:06.800 --> 0:03:10.000
<v Speaker 1>grow the overall economy while also stressing the importance of

0:03:10.040 --> 0:03:12.160
<v Speaker 1>protecting workers' wages and benefits.

0:03:12.440 --> 0:03:15.400
<v Speaker 2>Meanwhile, Karen back in Washington, House members plan to pass

0:03:15.440 --> 0:03:19.799
<v Speaker 2>a stopgap funding bill today, avoiding an October first government shutdown.

0:03:20.080 --> 0:03:23.120
<v Speaker 2>Bloomberg's Amy Morris has the latest from the nation's capital.

0:03:23.480 --> 0:03:26.280
<v Speaker 7>Lawmakers say they'll pass the measure even if they need

0:03:26.280 --> 0:03:29.040
<v Speaker 7>a two third super majority to do it, because the

0:03:29.080 --> 0:03:32.360
<v Speaker 7>House skipped a procedural step in this process on Monday.

0:03:32.560 --> 0:03:34.880
<v Speaker 7>The vote will require two thirds of the House to

0:03:34.920 --> 0:03:37.040
<v Speaker 7>support it, and they do expect it to pass. It

0:03:37.120 --> 0:03:41.240
<v Speaker 7>is bipartisan, but there's still time for complaints from hardline conservatives,

0:03:41.480 --> 0:03:44.400
<v Speaker 7>and that could complicate Speaker Mike Johnson's path to a

0:03:44.440 --> 0:03:47.720
<v Speaker 7>full compromise funding bill in the lame duck session. Now,

0:03:47.720 --> 0:03:50.880
<v Speaker 7>with a House vote today, they're aiming for speedy Senate

0:03:50.880 --> 0:03:54.520
<v Speaker 7>approval by next week, and the continuing resolution funds the

0:03:54.560 --> 0:03:58.480
<v Speaker 7>government through December twentieth, so that means another spending showdown

0:03:58.600 --> 0:04:02.840
<v Speaker 7>just days before Christmas. In Washington, Amy Morris Bloomberg Radio, All.

0:04:02.800 --> 0:04:04.800
<v Speaker 1>Right, Amy, thanks, We'll be turned to the markets now

0:04:04.800 --> 0:04:07.640
<v Speaker 1>and stalks begin a day in record territory. In fact,

0:04:07.640 --> 0:04:10.000
<v Speaker 1>the S and P five hundred registered its forty first

0:04:10.120 --> 0:04:13.520
<v Speaker 1>record close of the year yesterday. In company news this morning,

0:04:13.600 --> 0:04:17.039
<v Speaker 1>Berkshire Hathaway owns fewer shares of Bank of America, and

0:04:17.080 --> 0:04:19.279
<v Speaker 1>we get more on that from Bloomberg's Doug Prisner.

0:04:19.440 --> 0:04:22.480
<v Speaker 8>Berkshire Hathaway sold an additional eight hundred and sixty three

0:04:22.560 --> 0:04:26.120
<v Speaker 8>million dollars worth of BNA stock on Tuesday. It brings

0:04:26.120 --> 0:04:30.200
<v Speaker 8>Berkshire stay closer to a ten percent regulatory threshold. After

0:04:30.240 --> 0:04:33.840
<v Speaker 8>selling BNA shares over the three trading days through Tuesday,

0:04:34.200 --> 0:04:36.719
<v Speaker 8>Berkshire now owns ten and a half percent of the

0:04:36.760 --> 0:04:39.920
<v Speaker 8>second largest US bank, and as long as Berkshire remains

0:04:39.960 --> 0:04:43.760
<v Speaker 8>above that ten percent threshold, it must disclosed trades within

0:04:43.800 --> 0:04:47.200
<v Speaker 8>a few days. Berkshire's remaining stake in Bank of America

0:04:47.360 --> 0:04:50.200
<v Speaker 8>is now worth thirty two point one billion dollars based

0:04:50.240 --> 0:04:54.400
<v Speaker 8>on Tuesday's closing price, preserving its position as the largest

0:04:54.440 --> 0:04:57.960
<v Speaker 8>shareholder in New York. I'm Doug Prisoner Bloomberg Radio, Doug.

0:04:57.839 --> 0:04:58.280
<v Speaker 9>Thank you.

0:04:58.440 --> 0:05:01.080
<v Speaker 2>Boeing has heard back from its ranking workers about its

0:05:01.160 --> 0:05:04.559
<v Speaker 2>latest offer. In Bloomberg's John Tucker's following this story, John

0:05:04.640 --> 0:05:06.880
<v Speaker 2>sounds like. The answer was a resounding no.

0:05:07.279 --> 0:05:10.240
<v Speaker 10>Yeah, Nathan. The Machinist and Aerospace Workers Union instead of

0:05:10.240 --> 0:05:15.200
<v Speaker 10>survey of members was overwhelmingly clear they're not interested, calling

0:05:15.240 --> 0:05:20.040
<v Speaker 10>it inadequate and even disrespectful. The company infuriated the union

0:05:20.080 --> 0:05:21.840
<v Speaker 10>by and trying to do an end run and take

0:05:21.880 --> 0:05:25.760
<v Speaker 10>an offer of a thirty percent payhike directly to the workers. Well,

0:05:25.800 --> 0:05:28.239
<v Speaker 10>Boeing is trying to ratchet down the tension just a little.

0:05:28.279 --> 0:05:30.919
<v Speaker 10>They backed off of Friday night deadline for workers to

0:05:30.960 --> 0:05:34.640
<v Speaker 10>approve a new pact. A Boeing, meantime, has a new headache.

0:05:34.760 --> 0:05:38.839
<v Speaker 10>A congressional panel investigating Boeing safety culture has released an

0:05:38.839 --> 0:05:43.320
<v Speaker 10>internal company survey that found many factory workers felt pressure

0:05:43.400 --> 0:05:47.520
<v Speaker 10>to prioritize speed over quality, even months after that midair

0:05:47.560 --> 0:05:50.120
<v Speaker 10>blowout on one of the company's jets in New York

0:05:50.160 --> 0:05:51.919
<v Speaker 10>homes John Tucker, Bloomberg.

0:05:51.560 --> 0:05:54.240
<v Speaker 1>Radio, All right, John, thank you well. In legal news,

0:05:54.320 --> 0:05:57.279
<v Speaker 1>Caroline Ellison has been sentenced to twenty four months in

0:05:57.360 --> 0:06:01.120
<v Speaker 1>prison for her role in the FTX collapse, helping prosecutors

0:06:01.120 --> 0:06:03.920
<v Speaker 1>in the conviction of Sam Bankman, freed her former boss

0:06:03.920 --> 0:06:07.160
<v Speaker 1>and boyfriend. Bloomberg Radio law host JOm Grosso has more

0:06:07.200 --> 0:06:08.040
<v Speaker 1>on the sentencing.

0:06:08.360 --> 0:06:11.640
<v Speaker 11>Now, Sam bekman Free got twenty five years, so compared

0:06:11.680 --> 0:06:14.240
<v Speaker 11>to that she only got two years, it seems I

0:06:14.279 --> 0:06:17.680
<v Speaker 11>would consider it pretty lenient, although there was a possibility

0:06:17.720 --> 0:06:19.800
<v Speaker 11>that she would get no time.

0:06:20.320 --> 0:06:23.920
<v Speaker 1>Bloomberg's Judne Grosso says, like bankmin freed, Ellison was ordered

0:06:23.920 --> 0:06:27.560
<v Speaker 1>to forfeit eleven billion dollars as proceeds of the crime, Karen.

0:06:27.600 --> 0:06:31.359
<v Speaker 2>The US officials are investigating whether German software developer SAP,

0:06:31.680 --> 0:06:37.000
<v Speaker 2>product reseller Carosoft Technology, and other companies conspired to overcharge

0:06:37.040 --> 0:06:40.400
<v Speaker 2>government agencies for the course of a decade. According to

0:06:40.440 --> 0:06:43.080
<v Speaker 2>federal court records, Justice Department lawyers have been looking at

0:06:43.120 --> 0:06:47.520
<v Speaker 2>whether SAP illegally conspired with Kearrosoft to fix prices on

0:06:47.600 --> 0:06:50.000
<v Speaker 2>sales to the US military and other parts of the government.

0:06:50.279 --> 0:06:54.080
<v Speaker 2>SAP makes accounting, human resources, supply chain and other business

0:06:54.080 --> 0:06:59.160
<v Speaker 2>software used around the globe. Shares are down four percent overseas.

0:07:02.360 --> 0:07:03.800
<v Speaker 1>Beys time now for a look at some of the

0:07:03.800 --> 0:07:06.400
<v Speaker 1>other stories making news in New York and around the world,

0:07:06.480 --> 0:07:08.480
<v Speaker 1>and for that we're joined by Bloomberg's Michael Barr.

0:07:08.520 --> 0:07:12.320
<v Speaker 6>Michael, good morning, Good morning, Karen. Tropical Storm Alene strengthens

0:07:12.400 --> 0:07:17.160
<v Speaker 6>as hurricane mornings cover parts of Florida and Mexico. Bloomberg

0:07:17.200 --> 0:07:18.960
<v Speaker 6>mediarologist Rob Carolyn as.

0:07:18.800 --> 0:07:22.120
<v Speaker 12>The latest Helene continues to strengthen in the northwestern Caribbean,

0:07:22.120 --> 0:07:24.240
<v Speaker 12>and it's going to pass very close to the Yucatan

0:07:24.360 --> 0:07:26.040
<v Speaker 12>this morning, and then as it works between it's the

0:07:26.040 --> 0:07:29.200
<v Speaker 12>eastern Gulf of Mexico, will become a rather strong hurricane

0:07:29.200 --> 0:07:31.640
<v Speaker 12>and a large hurricane. We think it's going to be

0:07:31.680 --> 0:07:34.000
<v Speaker 12>making landfall somewhere in the Big Bend area of Florida

0:07:34.080 --> 0:07:36.640
<v Speaker 12>Thursday as a storm with winds of over one hundred

0:07:36.680 --> 0:07:39.720
<v Speaker 12>miles an hour and a very significant storm surge. Since

0:07:39.720 --> 0:07:42.200
<v Speaker 12>it'll have such a large circulation, its impact that we

0:07:42.240 --> 0:07:44.280
<v Speaker 12>felt over much of the Florida Pillian It's like even

0:07:44.320 --> 0:07:47.000
<v Speaker 12>the Florida Panhandle, and then up into the southeastern United

0:07:47.000 --> 0:07:49.560
<v Speaker 12>States where we could see quite a bit of flooding tomorrow.

0:07:49.760 --> 0:07:51.640
<v Speaker 12>I'm Rob Carolyn, Bloomberg Radio.

0:07:52.600 --> 0:07:55.760
<v Speaker 6>Rob. Thank you very much. Helen comes after tropical storm

0:07:55.880 --> 0:08:00.920
<v Speaker 6>John slam Mexico's Pacific coast late Monday, leaving two pa dead.

0:08:01.240 --> 0:08:04.600
<v Speaker 6>A twelfth lawsuit has been filed against Sean Diddy Combs

0:08:04.600 --> 0:08:07.400
<v Speaker 6>by a woman claiming he raped her in New York

0:08:07.480 --> 0:08:10.840
<v Speaker 6>decades ago. With Combs in jail in New York facing

0:08:10.840 --> 0:08:14.720
<v Speaker 6>criminal charges, Dally of Graves is now suing him. She

0:08:14.840 --> 0:08:18.000
<v Speaker 6>says when she was twenty five years old, she was

0:08:18.040 --> 0:08:21.440
<v Speaker 6>summoned to a meeting with Combs. She alleges that he

0:08:21.680 --> 0:08:24.640
<v Speaker 6>raped her after she was slammed face down on a

0:08:24.640 --> 0:08:26.240
<v Speaker 6>pool table by another man.

0:08:26.640 --> 0:08:31.280
<v Speaker 1>He so has had last new fix on my body,

0:08:32.440 --> 0:08:34.480
<v Speaker 1>causing ongoing.

0:08:34.760 --> 0:08:39.199
<v Speaker 6>Problems, Graves claims. Over twenty years later, Combs as a

0:08:39.320 --> 0:08:43.160
<v Speaker 6>video he has shown other people of her assault. President

0:08:43.240 --> 0:08:47.120
<v Speaker 6>Joe Biden delivered remarks on climate at the Bloomberg Global

0:08:47.280 --> 0:08:51.080
<v Speaker 6>Business Forum in New York City. Biden says America is

0:08:51.160 --> 0:08:55.199
<v Speaker 6>positioned to lead other countries on climate change and criticized

0:08:55.240 --> 0:08:56.840
<v Speaker 6>Donald Trump on this issue.

0:08:57.200 --> 0:09:00.560
<v Speaker 13>All this historic climate changes in stark contrast my predecess.

0:09:01.679 --> 0:09:05.640
<v Speaker 13>He says, he'd be repealed the Inflation Reduction Act. He

0:09:05.800 --> 0:09:09.800
<v Speaker 13>let our factory shut down. He moved the world backwards.

0:09:10.200 --> 0:09:13.240
<v Speaker 13>His denial of climate change condemns our future generations to

0:09:13.280 --> 0:09:14.480
<v Speaker 13>a more dangerous world.

0:09:14.960 --> 0:09:18.400
<v Speaker 6>President Biden also says the US is making major progress

0:09:18.440 --> 0:09:22.680
<v Speaker 6>in bringing back technology manufacturing from China. Finally, a black

0:09:22.840 --> 0:09:26.679
<v Speaker 6>combat medic who treated two hundred troops during the invasion

0:09:26.720 --> 0:09:29.480
<v Speaker 6>of Normandy during World War Two. Is being honored with

0:09:29.600 --> 0:09:33.120
<v Speaker 6>the Army's second highest award. The family of Waverley Woodson

0:09:33.240 --> 0:09:36.920
<v Speaker 6>Junior gathered yesterday in Washington. See Woodson's ninety five year

0:09:36.920 --> 0:09:41.120
<v Speaker 6>old Woodhull received the Distinguished Service Cross. He was awarded

0:09:41.120 --> 0:09:44.559
<v Speaker 6>posthumously for his heroism. Global News twenty four hours a

0:09:44.640 --> 0:09:47.040
<v Speaker 6>day and whenever you want it with Bloomberg News Now.

0:09:47.440 --> 0:09:50.079
<v Speaker 6>Michael Barrn, This is Bloomberg Karen.

0:09:50.280 --> 0:09:57.240
<v Speaker 1>All right, Michael, thank you. Time now for the Bloomberg

0:09:57.360 --> 0:09:59.040
<v Speaker 1>Sportes Update with John Stanshaur.

0:09:59.120 --> 0:10:01.840
<v Speaker 9>John, good morning, Good morning, Karen. The Yankees were hoping

0:10:01.880 --> 0:10:04.840
<v Speaker 9>to clinch the division. The Mets we're looking to take

0:10:04.880 --> 0:10:08.080
<v Speaker 9>a big step towards a playoff spot. Neither happened at

0:10:08.120 --> 0:10:10.760
<v Speaker 9>the stadium. Baltimore hit three home runs it despite Aaron judge.

0:10:10.880 --> 0:10:14.120
<v Speaker 9>It is fifty six of the season. Orioles won five

0:10:14.160 --> 0:10:16.400
<v Speaker 9>to three. Yanks were hit by a base running blundered

0:10:16.400 --> 0:10:18.600
<v Speaker 9>by Glabor Torres seventh. I think they were down a run.

0:10:18.679 --> 0:10:20.840
<v Speaker 9>Torres tried to score from third and never got closed

0:10:21.000 --> 0:10:24.079
<v Speaker 9>another chance to clinch Tonight, Euston clinch the Al West

0:10:24.080 --> 0:10:26.720
<v Speaker 9>Astros were at one point ten games out. Mets did

0:10:26.720 --> 0:10:29.079
<v Speaker 9>at Lanta, lost five to one Mark Biento's homeward, but

0:10:29.120 --> 0:10:32.120
<v Speaker 9>the Mets had only three other hits. As Spencer Schelling

0:10:32.200 --> 0:10:35.160
<v Speaker 9>back beat Luis seven Reno. Brandon Nemo looks ahead to

0:10:35.200 --> 0:10:36.240
<v Speaker 9>game two tonight.

0:10:36.600 --> 0:10:38.720
<v Speaker 14>You know, in a regular season, you know that games

0:10:38.720 --> 0:10:40.200
<v Speaker 14>like this are going to happen, and sometimes there's gonna

0:10:40.200 --> 0:10:43.360
<v Speaker 14>be days like this. So I think tomorrow you start fresh,

0:10:43.480 --> 0:10:45.400
<v Speaker 14>and that's the thing is you try to have short

0:10:45.480 --> 0:10:47.960
<v Speaker 14>term memory come into the next day. That's what we

0:10:48.000 --> 0:10:50.079
<v Speaker 14>did inst Philadelphia too. We were just trying to win

0:10:50.120 --> 0:10:52.520
<v Speaker 14>one game at a time, and so tomorrow we try

0:10:52.520 --> 0:10:54.520
<v Speaker 14>and win. We try and go one to zero, and

0:10:54.559 --> 0:10:56.719
<v Speaker 14>we bring, you know, we bring the energy and try

0:10:56.760 --> 0:10:58.520
<v Speaker 14>and get things, you know, kind of rolling our way.

0:10:58.600 --> 0:11:00.800
<v Speaker 9>But the Mets tonight have to face rist Sale and

0:11:00.880 --> 0:11:04.040
<v Speaker 9>he is eighteen and three. Arizona lost to the Giants

0:11:04.040 --> 0:11:07.040
<v Speaker 9>eleven and h So this is very much three team

0:11:07.160 --> 0:11:10.120
<v Speaker 9>race ye for two NL wildcards. The metsley the Diamondbacks

0:11:10.160 --> 0:11:12.960
<v Speaker 9>by a half game, the Braves by one. The Padres

0:11:13.280 --> 0:11:15.640
<v Speaker 9>clinched the first NL wildcard they beat the Dodgers. The

0:11:15.679 --> 0:11:19.040
<v Speaker 9>game ended with San Diego turning a triple play. The

0:11:19.120 --> 0:11:22.080
<v Speaker 9>Liberty got thirty six points from sabrina I Andescu beat

0:11:22.120 --> 0:11:25.640
<v Speaker 9>the Dream to advance to the WNBA semifinals. John Stansh

0:11:25.679 --> 0:11:26.920
<v Speaker 9>they were Bloomberg Sports gearing.

0:11:26.920 --> 0:11:27.160
<v Speaker 1>I mean.

0:11:29.360 --> 0:11:33.480
<v Speaker 15>Coast to coast on Bloomberg Radio, nationwide on Sirius XM,

0:11:33.559 --> 0:11:36.440
<v Speaker 15>and around the world on Bloomberg dot Com and the

0:11:36.520 --> 0:11:40.600
<v Speaker 15>Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm

0:11:40.679 --> 0:11:41.360
<v Speaker 15>Nathan Hager.

0:11:41.640 --> 0:11:45.720
<v Speaker 2>As intense fighting continues between Israel and Hezbollah, world leaders

0:11:45.720 --> 0:11:49.680
<v Speaker 2>are urging both sides to de escalate. President Biden addressed

0:11:49.679 --> 0:11:53.240
<v Speaker 2>the conflict in his final speech to the UN General Assembly.

0:11:53.720 --> 0:11:57.560
<v Speaker 13>Full scale wars not in anyone's interest. Even a situation

0:11:57.720 --> 0:12:01.320
<v Speaker 13>is escalated, a diplomatic solution is still possible.

0:12:01.480 --> 0:12:04.680
<v Speaker 2>And despite those words from President Biden, Israeli airstrikes and

0:12:04.760 --> 0:12:07.800
<v Speaker 2>Hesbola rocket attacks go on, including at least one now

0:12:07.840 --> 0:12:11.720
<v Speaker 2>aimed at Israel's financial hub Tel Aviv. Bloomberg's Israel Bureau

0:12:11.840 --> 0:12:14.640
<v Speaker 2>chief Ethan Brauner is there and joins us now with

0:12:14.720 --> 0:12:18.400
<v Speaker 2>the latest. Ethan, good morning, What are we seeing now?

0:12:18.440 --> 0:12:21.400
<v Speaker 2>I hear there are more bombardments in Lebanon this morning.

0:12:22.679 --> 0:12:27.720
<v Speaker 5>That's right, Nathan. The Israel's continuing to strike pretty widely

0:12:27.800 --> 0:12:31.760
<v Speaker 5>in south Lebanon and the Bikaw Valley east of Beirut,

0:12:32.240 --> 0:12:36.800
<v Speaker 5>and some forty projectiles have come at Israel from Lebanon,

0:12:36.920 --> 0:12:40.440
<v Speaker 5>So the continues to be a fair amount of activity

0:12:40.480 --> 0:12:41.200
<v Speaker 5>on both sides.

0:12:42.400 --> 0:12:47.920
<v Speaker 2>With this rocket apparently aimed at the Tel Aviv suburbs,

0:12:48.360 --> 0:12:51.120
<v Speaker 2>how significant an escalation could that be, Ethan?

0:12:52.080 --> 0:12:53.400
<v Speaker 5>So that's a good question.

0:12:53.720 --> 0:12:59.320
<v Speaker 16>I mean, never has his Belah launched a missile surface

0:12:59.360 --> 0:13:02.120
<v Speaker 16>to surface kind of missile at Tel Aviv before. It

0:13:02.240 --> 0:13:05.120
<v Speaker 16>was always kind of hanging over as the thing that

0:13:05.120 --> 0:13:09.280
<v Speaker 16>they could ultimately do if a real conflict broke out.

0:13:10.480 --> 0:13:12.920
<v Speaker 16>And indeed, as far as we know, they have tens

0:13:12.920 --> 0:13:15.800
<v Speaker 16>of thousands of long range missiles that they could send.

0:13:16.280 --> 0:13:19.040
<v Speaker 16>The interestant question is why only one came and what

0:13:19.160 --> 0:13:23.120
<v Speaker 16>its significance is in terms of an uptick in hostilities,

0:13:23.120 --> 0:13:25.840
<v Speaker 16>And I think it's a little hard to tell.

0:13:26.240 --> 0:13:30.280
<v Speaker 2>Could we see some kind of response beyond what Israel

0:13:30.480 --> 0:13:34.320
<v Speaker 2>has put out there these air strikes in southern Lebanon

0:13:34.400 --> 0:13:37.600
<v Speaker 2>and the eastern Becav Valley. Could this lead to something further?

0:13:39.600 --> 0:13:40.440
<v Speaker 5>It could?

0:13:40.600 --> 0:13:43.800
<v Speaker 16>I mean honestly, for more than a week now, Israel

0:13:43.840 --> 0:13:49.400
<v Speaker 16>has been on every day stepping up its attacks in Lebanon.

0:13:49.480 --> 0:13:53.000
<v Speaker 16>It began with those pagers that went off in people's

0:13:53.040 --> 0:13:56.160
<v Speaker 16>hands and pockets a week ago, a little more than

0:13:56.160 --> 0:13:59.160
<v Speaker 16>a week ago, and continued.

0:13:58.640 --> 0:14:03.000
<v Speaker 5>With the targeted fascinations and serious bombardments. Some five hundred

0:14:03.000 --> 0:14:05.559
<v Speaker 5>plus people were killed in one day as they went

0:14:05.600 --> 0:14:09.079
<v Speaker 5>after a whole bunch of launchers, rocket and missile launchers.

0:14:09.400 --> 0:14:12.960
<v Speaker 5>They said, sixteen hundred sites hitting one day, all of

0:14:13.000 --> 0:14:16.760
<v Speaker 5>which Israel says is aimed at trying to persuade Isbela

0:14:16.960 --> 0:14:19.960
<v Speaker 5>to come to the table to talk about pulling away

0:14:20.040 --> 0:14:24.080
<v Speaker 5>from the border with Israel and allowing its own citizens,

0:14:24.160 --> 0:14:27.160
<v Speaker 5>Israeli citizens to go back to their homes from which

0:14:27.160 --> 0:14:31.520
<v Speaker 5>they were driven on October eighth, after Isbela began attacking

0:14:31.600 --> 0:14:35.760
<v Speaker 5>in solidarity with Hamas and Palestinians in Gaza.

0:14:35.880 --> 0:14:39.840
<v Speaker 16>So it's a complicated situation. Israel is on a kind

0:14:39.880 --> 0:14:44.000
<v Speaker 16>of path of trying to pressure more and more. I

0:14:44.040 --> 0:14:46.000
<v Speaker 16>don't know that it would necessarily be a response to

0:14:46.040 --> 0:14:49.680
<v Speaker 16>the one missile that came in toward Tel Aviv today.

0:14:50.040 --> 0:14:52.680
<v Speaker 2>I did want to ask you about the room for diplomacy.

0:14:52.720 --> 0:14:56.480
<v Speaker 2>We did hear President Biden calling for a need to

0:14:56.560 --> 0:15:00.040
<v Speaker 2>de escalate, but it seems like escalation is what we

0:15:00.080 --> 0:15:04.360
<v Speaker 2>are seeing. Where is the room for diplomacy, particularly with

0:15:04.440 --> 0:15:08.200
<v Speaker 2>the UN General Assembly and these ongoing ceasefire talks and

0:15:08.240 --> 0:15:09.280
<v Speaker 2>Gaza in the backdrop.

0:15:10.600 --> 0:15:13.720
<v Speaker 16>Right, So, there is a French special envoy by the

0:15:13.800 --> 0:15:17.560
<v Speaker 16>name of Jean Yve Ludrillon who has spent the beginning

0:15:17.600 --> 0:15:20.240
<v Speaker 16>of this week in Beirut meeting with his Blah people

0:15:21.280 --> 0:15:25.400
<v Speaker 16>and is in touch with Israelis as well, and this

0:15:25.640 --> 0:15:28.160
<v Speaker 16>is the goal to come up with some There's been

0:15:28.200 --> 0:15:32.480
<v Speaker 16>a Franco effort for many, many months now to try

0:15:32.520 --> 0:15:35.280
<v Speaker 16>to get his Bola away from the border. They're right

0:15:35.360 --> 0:15:39.360
<v Speaker 16>up against the border and Israelis feel unsafe as a result.

0:15:39.840 --> 0:15:42.360
<v Speaker 16>If they could go back ten kilometers, that would be

0:15:42.360 --> 0:15:44.920
<v Speaker 16>what Israel would be willing to Originally it was supposed

0:15:44.960 --> 0:15:48.000
<v Speaker 16>to be only twenty five kilometers, but so that's where

0:15:48.040 --> 0:15:51.440
<v Speaker 16>they the discussions are underway. It's a little hard to

0:15:51.520 --> 0:15:54.560
<v Speaker 16>see if there's any progress of any kind. There's some

0:15:54.800 --> 0:15:58.560
<v Speaker 16>notion that it could maybe be a package deal.

0:15:58.400 --> 0:16:03.360
<v Speaker 5>Involvingstage Israeli hostage is held by Hamas and Gaza and

0:16:03.400 --> 0:16:05.720
<v Speaker 5>so on, but it's all pretty vague at this point.

0:16:05.880 --> 0:16:09.280
<v Speaker 1>This is Bloomberg Daybreak, your morning podcast on the stories

0:16:09.360 --> 0:16:12.400
<v Speaker 1>making news from Wall Street to Washington and beyond.

0:16:12.680 --> 0:16:15.040
<v Speaker 2>Look for us on your podcast feed by six am

0:16:15.080 --> 0:16:18.480
<v Speaker 2>Eastern each morning, on Apple, Spotify, or anywhere else you listen.

0:16:18.720 --> 0:16:21.560
<v Speaker 1>You can also listen live each morning starting at five

0:16:21.600 --> 0:16:24.320
<v Speaker 1>am Wall Street Time on Bloomberg eleven three to zero

0:16:24.320 --> 0:16:27.200
<v Speaker 1>in New York, Bloomberg in ninety nine to one in Washington,

0:16:27.280 --> 0:16:31.240
<v Speaker 1>Bloomberg ninety two nine in Boston, and nationwide on serious

0:16:31.440 --> 0:16:33.120
<v Speaker 1>XM Channel one twenty one.

0:16:33.400 --> 0:16:36.120
<v Speaker 2>Plus listen coast to coast on the Bloomberg Business app

0:16:36.160 --> 0:16:38.960
<v Speaker 2>now with Applecarplay and Android Atto interfaces.

0:16:39.200 --> 0:16:42.200
<v Speaker 1>And don't forget to subscribe to Bloomberg News Now. It's

0:16:42.240 --> 0:16:44.960
<v Speaker 1>the latest news whenever you want it in five minutes

0:16:45.040 --> 0:16:48.160
<v Speaker 1>or less. Search Bloomberg News Now and your favorite podcast

0:16:48.200 --> 0:16:52.360
<v Speaker 1>platform to stay informed all day long. I'm Karen Moscow.

0:16:52.160 --> 0:16:54.680
<v Speaker 2>And I'm Nathan Hager. Join us again tomorrow morning for

0:16:54.760 --> 0:16:56.640
<v Speaker 2>all the news you need to start your day right

0:16:56.680 --> 0:16:58.160
<v Speaker 2>here on Bloomberg Daybreak.