1 00:00:02,480 --> 00:00:10,800 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. Good morning, I'm Nathan 2 00:00:10,800 --> 00:00:13,760 Speaker 1: Hager and I'm Karen Moscow. Here are the stories we're 3 00:00:13,800 --> 00:00:14,600 Speaker 1: following today. 4 00:00:14,720 --> 00:00:17,279 Speaker 2: Karin, we begin with tensions in the Middle East. After 5 00:00:17,320 --> 00:00:20,480 Speaker 2: a weekend exchange of fire between Israel and Hesbola, more 6 00:00:20,480 --> 00:00:23,920 Speaker 2: than one hundred Israeli warplanes hit missile launchers in southern 7 00:00:24,000 --> 00:00:27,520 Speaker 2: Lebanon Sunday morning. Hesbola responded with a rocket and drone 8 00:00:27,560 --> 00:00:31,160 Speaker 2: attack that killed one Israeli soldier with fallen debris. Israeli 9 00:00:31,160 --> 00:00:34,279 Speaker 2: officials claim the strike prevented a massive assault planned by 10 00:00:34,320 --> 00:00:37,160 Speaker 2: the Iran back militant group. Israel has declared a forty 11 00:00:37,159 --> 00:00:40,760 Speaker 2: eight hour state of emergency. Now there is relative calm, 12 00:00:40,800 --> 00:00:43,440 Speaker 2: as we hear from Paul Wallace, who leads Bloomberg's coverage 13 00:00:43,440 --> 00:00:45,400 Speaker 2: of the economy and government in the Middle East. 14 00:00:45,880 --> 00:00:48,440 Speaker 3: If Heswella had managed to cause a lot of damage 15 00:00:48,440 --> 00:00:51,400 Speaker 3: in Israel, and or if it had killed and many people, 16 00:00:51,479 --> 00:00:54,000 Speaker 3: especially civilians, then I think we would be facing a 17 00:00:54,120 --> 00:00:57,800 Speaker 3: very different situations today, and Israel might well have been 18 00:00:57,840 --> 00:01:00,720 Speaker 3: preparing for, or even have stopped at, an all out 19 00:01:00,760 --> 00:01:04,560 Speaker 3: war with Hesbela. Tensions are still extremely high that I 20 00:01:04,600 --> 00:01:07,839 Speaker 3: think no one's under any illusions that we're sort of out. 21 00:01:07,720 --> 00:01:09,080 Speaker 4: Of the woods just yet. 22 00:01:09,160 --> 00:01:12,319 Speaker 2: Glenburg's Paul Wallace says the strike comes as the region 23 00:01:12,360 --> 00:01:15,200 Speaker 2: waits a response to Israel's killing of a top Hezbola 24 00:01:15,280 --> 00:01:18,240 Speaker 2: commander in a Beirut suburb last month. The Middle East 25 00:01:18,280 --> 00:01:21,080 Speaker 2: is also bracing for a reaction from Iran to the 26 00:01:21,160 --> 00:01:23,720 Speaker 2: killing of a Hamas leader in Tehran last month. 27 00:01:24,480 --> 00:01:28,400 Speaker 1: Meanwhile, Nathan the US closely monitoring developments in the Middle East. 28 00:01:28,400 --> 00:01:32,400 Speaker 1: White House National Security Advisor Jake Sullivan is appealing for comm. 29 00:01:32,560 --> 00:01:36,039 Speaker 5: It is incumbent on all parties in the region to 30 00:01:36,200 --> 00:01:39,680 Speaker 5: work towards de escalation and stability, and so we are 31 00:01:39,760 --> 00:01:43,679 Speaker 5: feverishly working in Cairo as we speak with our team 32 00:01:43,760 --> 00:01:45,960 Speaker 5: and the teams of the other mediators as well as 33 00:01:46,200 --> 00:01:49,120 Speaker 5: with the Israelis to get to a ceasefire and hostage deal. 34 00:01:49,560 --> 00:01:53,920 Speaker 1: National Security Advisor Jake Sullivan. Following the exchange of fire plans, 35 00:01:54,000 --> 00:01:58,880 Speaker 1: ceasefire negotiation still took place in Cairo. Hamas delegation left 36 00:01:58,880 --> 00:02:02,240 Speaker 1: the talk, so the spokesperson saying Israel setting new conditions 37 00:02:02,240 --> 00:02:05,880 Speaker 1: for a truce. Israeli officials say there was progress. The 38 00:02:05,920 --> 00:02:09,760 Speaker 1: Associated Press is reporting that negotiations will continue at lower 39 00:02:09,840 --> 00:02:11,120 Speaker 1: levels in the coming days. 40 00:02:11,320 --> 00:02:14,760 Speaker 2: Nank Karen oil advanced following the weekends strike. Global benchmark 41 00:02:14,840 --> 00:02:17,959 Speaker 2: crude rows toward eighty dollars a barrel in West Texas 42 00:02:18,040 --> 00:02:22,120 Speaker 2: Intermediate's climbed past seventy five dollars. Oil now sits marginally 43 00:02:22,160 --> 00:02:24,760 Speaker 2: higher on the year, aided by the geopolitical risks and 44 00:02:24,840 --> 00:02:27,320 Speaker 2: a likely US interest rate cut next month. 45 00:02:27,800 --> 00:02:31,200 Speaker 1: And speaking of those potential rate cuts, Nathan bond traders 46 00:02:31,200 --> 00:02:33,680 Speaker 1: are focusing in on bets over the size of that 47 00:02:33,760 --> 00:02:37,160 Speaker 1: first reduction and the future path of easing. After FED 48 00:02:37,240 --> 00:02:40,880 Speaker 1: at chair J Powell's comments in Jackson Hole on Friday. 49 00:02:40,639 --> 00:02:43,079 Speaker 5: The time has come for policy to adjust. 50 00:02:43,639 --> 00:02:46,360 Speaker 6: The direction of travel is clear, and the timing and 51 00:02:46,440 --> 00:02:50,040 Speaker 6: pace of rate cuts will depend on incoming data the 52 00:02:50,080 --> 00:02:52,320 Speaker 6: evolving outlook in the balance of risks. 53 00:02:52,840 --> 00:02:57,120 Speaker 1: Following j Powell's speech, Bloomberg contributor and former Treasury Secretary 54 00:02:57,160 --> 00:03:01,160 Speaker 1: Larry Summer said the FED share is on the right path, Inflation. 55 00:03:00,960 --> 00:03:07,680 Speaker 7: Is coming down, the economy is slowing on current facts. Absolutely, 56 00:03:08,200 --> 00:03:11,840 Speaker 7: the next move should be towards monetary policy easing. 57 00:03:12,400 --> 00:03:15,839 Speaker 1: Former Treasury Secretary Larry Summers added that Jay Powell gave 58 00:03:16,000 --> 00:03:19,160 Speaker 1: no indication on the size or path of easing. 59 00:03:19,080 --> 00:03:22,079 Speaker 2: And Philadelphia FED President Patrick Harker says the path to 60 00:03:22,160 --> 00:03:25,200 Speaker 2: eight cuts will be a critical component of monetary easy. 61 00:03:25,560 --> 00:03:28,320 Speaker 8: One thing I heard is twenty five point fifty if 62 00:03:28,320 --> 00:03:31,600 Speaker 8: that doesn't matter so much as commit to a process. 63 00:03:31,680 --> 00:03:34,040 Speaker 8: But I've heard, particularly from the bankers, says they need 64 00:03:34,080 --> 00:03:38,000 Speaker 8: time to absorb the changes, So don't just stop and start. 65 00:03:38,600 --> 00:03:41,920 Speaker 2: Philadelphia FED chief Patrick Harker spoke with Bloomberg's Michael McKee 66 00:03:41,960 --> 00:03:46,120 Speaker 2: along with Chicago FED President Austin Goolsby. He's raising concerns 67 00:03:46,160 --> 00:03:47,160 Speaker 2: about the labor market. 68 00:03:47,360 --> 00:03:50,960 Speaker 9: This reflects the reality of the economy that we've got 69 00:03:51,000 --> 00:03:54,119 Speaker 9: to keep our eye on the employment side of the mandate. Now, 70 00:03:54,200 --> 00:03:57,880 Speaker 9: this is what the path down to two percent inflation 71 00:03:58,360 --> 00:04:01,640 Speaker 9: looks like. You know, you got some but I think 72 00:04:01,680 --> 00:04:03,280 Speaker 9: that that side's looking a lot better. 73 00:04:03,400 --> 00:04:07,360 Speaker 2: The Chicago FED President Austin Goolesby ads inflation is cooling 74 00:04:07,400 --> 00:04:09,080 Speaker 2: to the FEDS two percent target. 75 00:04:09,560 --> 00:04:09,720 Speaker 4: Well. 76 00:04:09,800 --> 00:04:10,160 Speaker 5: Nathan J. 77 00:04:10,320 --> 00:04:13,240 Speaker 1: Powell did say progress on inflation, along with the health 78 00:04:13,240 --> 00:04:16,080 Speaker 1: of the labor market, will guide the policy path. Fed 79 00:04:16,120 --> 00:04:18,240 Speaker 1: officials will get a sense of that progress at the 80 00:04:18,320 --> 00:04:20,880 Speaker 1: end of the week when the Central Banks preferred gauge 81 00:04:20,920 --> 00:04:24,680 Speaker 1: of inflation, the Core PCE Price Index, is released on Friday. 82 00:04:24,920 --> 00:04:29,320 Speaker 1: Bloomberg Economics says July's monthly PCEE inflation data should be 83 00:04:29,400 --> 00:04:33,200 Speaker 1: consistent with the two percent target for a fourth straight month. 84 00:04:33,360 --> 00:04:35,360 Speaker 2: And ahead of that data, Karen, the other market moving 85 00:04:35,400 --> 00:04:37,000 Speaker 2: event could come in the middle of the week we 86 00:04:37,080 --> 00:04:41,760 Speaker 2: get earnings from Nvidia. Bloomberg Executive editor Paul Dobson says 87 00:04:41,800 --> 00:04:44,919 Speaker 2: he expects the AI chip giant to beat its lofty 88 00:04:44,960 --> 00:04:47,000 Speaker 2: expectations for another corner. 89 00:04:47,200 --> 00:04:49,680 Speaker 10: I don't even know if he can call the expectations 90 00:04:49,720 --> 00:04:52,840 Speaker 10: lofty anymore. You know, we know that the AI story 91 00:04:53,000 --> 00:04:56,080 Speaker 10: is great, that the momentum continues, and that is going 92 00:04:56,120 --> 00:04:59,920 Speaker 10: to inform at least the big kind of block within 93 00:05:00,839 --> 00:05:03,680 Speaker 10: the SMP and US stolks and global stokes as well. 94 00:05:03,720 --> 00:05:07,160 Speaker 10: That is AI waiting now, and people will be paying 95 00:05:07,200 --> 00:05:08,920 Speaker 10: quite a lot of attention to it to see how 96 00:05:08,920 --> 00:05:11,039 Speaker 10: long that theme and the narrative can continue. 97 00:05:11,200 --> 00:05:14,359 Speaker 2: Bloomberg's Paul Dobson says investors will be paying attention to 98 00:05:14,400 --> 00:05:18,120 Speaker 2: those results from Nvidia they come after the close on Wednesday. 99 00:05:18,480 --> 00:05:21,240 Speaker 1: Well elsewhere in company news, Nathan Boeing has suffered a 100 00:05:21,279 --> 00:05:25,000 Speaker 1: new setback and its space ambitions, and Bloomberg's Ad Baxter 101 00:05:25,120 --> 00:05:28,400 Speaker 1: reports the company was snubbed for the return mission of 102 00:05:28,520 --> 00:05:29,640 Speaker 1: NASA astronauts. 103 00:05:30,040 --> 00:05:33,039 Speaker 11: NASA says the continued struggles are causing it to finally 104 00:05:33,080 --> 00:05:36,280 Speaker 11: decide to not have the star Line or bring them back, 105 00:05:36,520 --> 00:05:40,400 Speaker 11: but instead wait until February and come back by SpaceX. 106 00:05:40,920 --> 00:05:44,120 Speaker 11: NASA Administrator Bill Nelson says safety. 107 00:05:43,760 --> 00:05:47,200 Speaker 12: The decision to keep Butch and Sunny aboard the International 108 00:05:47,240 --> 00:05:52,800 Speaker 12: Space Station and bring the Boeing Starliner home uncrewed is 109 00:05:52,839 --> 00:05:55,320 Speaker 12: the result of a commitment to safety. 110 00:05:55,440 --> 00:05:58,719 Speaker 11: This leaves Boeing's new CEO, Kelly Ortberg, with a question 111 00:05:58,800 --> 00:06:02,200 Speaker 11: of how committed Boeing will remain knowing the costs that 112 00:06:02,320 --> 00:06:05,040 Speaker 11: might be ahead. It has not been a good year 113 00:06:05,160 --> 00:06:05,640 Speaker 11: for Boeing. 114 00:06:06,200 --> 00:06:07,839 Speaker 13: Ed Bag Bloomberg Radio. 115 00:06:07,760 --> 00:06:10,560 Speaker 2: Okayed thank you. Meantime in Europe not exactly a good 116 00:06:10,600 --> 00:06:14,360 Speaker 2: time for Telegram. The messaging app is questioning why it's CEO, 117 00:06:14,560 --> 00:06:18,040 Speaker 2: Pavel Durov was taken into custody and an airport in 118 00:06:18,080 --> 00:06:21,240 Speaker 2: near Paris over the weekend. A Gens Franz Press says 119 00:06:21,320 --> 00:06:23,920 Speaker 2: Durov is being held on suspicion of failing to prevent 120 00:06:23,960 --> 00:06:28,159 Speaker 2: criminal use of the app. Bloomberg's Anabel Druler says many 121 00:06:28,160 --> 00:06:29,960 Speaker 2: countries are concerned about Telegram. 122 00:06:30,160 --> 00:06:33,479 Speaker 14: Telegram as a messaging app, has been often linked to 123 00:06:33,680 --> 00:06:37,040 Speaker 14: extremist activity online. It's seen as being quite light touch 124 00:06:37,120 --> 00:06:40,240 Speaker 14: on content moderation as well, and that's a way that misinformation, 125 00:06:40,360 --> 00:06:42,800 Speaker 14: for instance, can kind of spread like wildfire on it. 126 00:06:43,000 --> 00:06:45,840 Speaker 14: And so authorities are becoming much more aware of this now. 127 00:06:45,880 --> 00:06:49,000 Speaker 14: And we saw the UK, for instance, talking about it 128 00:06:49,040 --> 00:06:52,279 Speaker 14: and its role and its prominence in those anti immigrant riots. 129 00:06:52,360 --> 00:06:56,680 Speaker 2: Bloomberg's Anabel drulers reports Telegram says it abides by European 130 00:06:56,760 --> 00:06:59,640 Speaker 2: laws and as awaiting a prompt resolution of the situation. 131 00:07:03,480 --> 00:07:04,920 Speaker 1: And it's time now for a look at some of 132 00:07:04,960 --> 00:07:07,400 Speaker 1: the other stories making news in New York and around 133 00:07:07,480 --> 00:07:09,760 Speaker 1: the world. For that, we're joined by Bloomberg. So Michael 134 00:07:09,840 --> 00:07:11,280 Speaker 1: Barr Michael, good Morning. 135 00:07:11,120 --> 00:07:15,000 Speaker 13: Good morning Karen. Vice President Kamala Harris and former President 136 00:07:15,040 --> 00:07:17,600 Speaker 13: Donald Trumper is set to return to the campaign trail 137 00:07:17,680 --> 00:07:20,920 Speaker 13: this week. Harris and her running mate, Governor Tim Walls 138 00:07:20,960 --> 00:07:23,920 Speaker 13: are kicking off a bus tour in Georgia, hoping to 139 00:07:23,920 --> 00:07:28,160 Speaker 13: build on their momentum following the Democratic National convention. Former 140 00:07:28,200 --> 00:07:31,200 Speaker 13: President Trump plans to head to Michigan. It's going to 141 00:07:31,240 --> 00:07:34,240 Speaker 13: be his third time in the battleground state in just 142 00:07:34,360 --> 00:07:39,680 Speaker 13: the last nine days. Meanwhile, Republican and Democratic lawmakers are 143 00:07:39,720 --> 00:07:44,600 Speaker 13: pushing their candidates. Republican Senator Tom Cotton of Arkansas. 144 00:07:44,200 --> 00:07:47,080 Speaker 15: You would have thought, watching the Democratic convention last week, 145 00:07:47,240 --> 00:07:49,520 Speaker 15: but the Democrats are not in office, but they're not 146 00:07:49,640 --> 00:07:53,200 Speaker 15: in power, that they're campaigning against an incumbent Republican when 147 00:07:53,200 --> 00:07:55,880 Speaker 15: in reality, she's been part of the failures of the 148 00:07:55,880 --> 00:07:58,120 Speaker 15: Biden Harris administration for four years. 149 00:07:58,560 --> 00:08:01,000 Speaker 13: Independent Senator Bernie s of Vermont. 150 00:08:01,280 --> 00:08:07,000 Speaker 6: People are growing tired and fatigued with Trump's consistent and 151 00:08:07,040 --> 00:08:13,280 Speaker 6: outrageous lies. And I think no matter what people may 152 00:08:13,280 --> 00:08:16,680 Speaker 6: think of Kamala Harris, I think they want stability in 153 00:08:16,760 --> 00:08:17,480 Speaker 6: the White House. 154 00:08:17,920 --> 00:08:21,840 Speaker 13: Both senators spoke on ABC's This Week Heard Sundays on Bloomberg. 155 00:08:22,440 --> 00:08:25,239 Speaker 13: Five people were killed in one police in Nassau County 156 00:08:25,280 --> 00:08:28,640 Speaker 13: believe was a murder suicide. They were found Sunday and 157 00:08:28,720 --> 00:08:32,440 Speaker 13: a home in siasid Nasau County. Police a one male 158 00:08:32,559 --> 00:08:35,720 Speaker 13: victim was dead of an apparent gunshot wound just outside 159 00:08:35,760 --> 00:08:38,480 Speaker 13: the house on the front lawn. The other four victims 160 00:08:38,520 --> 00:08:41,680 Speaker 13: were found inside. Police say it happened at the home 161 00:08:41,720 --> 00:08:44,160 Speaker 13: of a ninety five year old Long Island woman who 162 00:08:44,240 --> 00:08:48,640 Speaker 13: died about a week ago. Prosecutors say the suspect in 163 00:08:48,720 --> 00:08:54,319 Speaker 13: Friday's attack in Germany was motivated by Islamic state group Ideology. 164 00:08:54,800 --> 00:08:57,280 Speaker 13: A twenty six year old Syria man has been ordered 165 00:08:57,280 --> 00:09:01,160 Speaker 13: held on suspicion of murder in the a knife attack. 166 00:09:01,559 --> 00:09:04,600 Speaker 13: It left three dead and aid wounded at a festival 167 00:09:04,840 --> 00:09:08,800 Speaker 13: marking the city's six hundred and fiftieth anniversary. Towns across 168 00:09:08,840 --> 00:09:12,000 Speaker 13: the country are on alert as mosquito born illnesses are 169 00:09:12,040 --> 00:09:18,600 Speaker 13: on the rise, including the dangerous Eastern equine encephalitis virus. Plymouth, Massachusetts, 170 00:09:18,679 --> 00:09:22,319 Speaker 13: is closing parks and fields from dusk to dawn. Doctor 171 00:09:22,400 --> 00:09:26,240 Speaker 13: John Brownstein says an infection can be deadly, but it 172 00:09:26,320 --> 00:09:26,760 Speaker 13: is rare. 173 00:09:27,120 --> 00:09:29,480 Speaker 16: Most people that get it have no symptoms. You would 174 00:09:29,480 --> 00:09:31,400 Speaker 16: never even know that you had it, so that's good. 175 00:09:31,920 --> 00:09:35,640 Speaker 16: But if you do get some symptoms, likely there'll be 176 00:09:35,720 --> 00:09:40,000 Speaker 16: some combination of fever, headache, body aches, joint pain, and 177 00:09:40,080 --> 00:09:42,080 Speaker 16: mostly you'll recover no problem. 178 00:09:42,320 --> 00:09:45,800 Speaker 13: Doctor Brownstein spoke to ABC Global News twenty four hours 179 00:09:45,800 --> 00:09:48,480 Speaker 13: a day and whenever you want it with Bloomberg News now, 180 00:09:49,000 --> 00:09:50,920 Speaker 13: Michael Barr, and this is Bloomberg Hearing. 181 00:09:51,120 --> 00:09:57,880 Speaker 1: All right, Michael Barr, thank you, and it's time now 182 00:09:57,920 --> 00:09:59,720 Speaker 1: for the Bloomberg Sports Update. 183 00:10:00,440 --> 00:10:02,600 Speaker 2: Dan Schwartzman, Dan, Good morning, Karen. 184 00:10:02,640 --> 00:10:05,640 Speaker 17: Aaron Judge continuing his American League home run record pace, 185 00:10:05,720 --> 00:10:08,240 Speaker 17: bashing two more in the Bronx and a Yankees win. 186 00:10:08,840 --> 00:10:11,280 Speaker 2: Judge flies it deep left center field. 187 00:10:11,600 --> 00:10:14,720 Speaker 4: Number fifty could be on its way and it's gone. 188 00:10:14,920 --> 00:10:15,319 Speaker 4: Come on. 189 00:10:17,960 --> 00:10:21,080 Speaker 2: To the captain half century mark. 190 00:10:21,760 --> 00:10:24,520 Speaker 17: That's Cursy, a wfan in New York. Judge now with 191 00:10:24,640 --> 00:10:26,960 Speaker 17: fifty one homers on the season. That puts him on 192 00:10:27,000 --> 00:10:29,320 Speaker 17: pace to hit sixty three this year to break his 193 00:10:29,320 --> 00:10:31,560 Speaker 17: own American League home run record is sixty two, set 194 00:10:31,600 --> 00:10:34,160 Speaker 17: two years ago. Yankees a ten to three win over 195 00:10:34,160 --> 00:10:36,400 Speaker 17: the Colorado Rockies, moving a game and a half ahead 196 00:10:36,440 --> 00:10:39,120 Speaker 17: of the Orioles for first place in the American League East. 197 00:10:39,280 --> 00:10:42,280 Speaker 17: As Baltimore gets doubled up by the Astros six to three. 198 00:10:42,320 --> 00:10:44,880 Speaker 17: Mets fall in San Diego three to two to the Padres, 199 00:10:45,120 --> 00:10:47,600 Speaker 17: Jackson Merril hitting a walk off homer off of Edwin 200 00:10:47,720 --> 00:10:50,600 Speaker 17: Diaz the Braves, though they also lose five to one. 201 00:10:50,600 --> 00:10:52,640 Speaker 17: To the Washington Nationals. That keeps the Mets two and 202 00:10:52,640 --> 00:10:55,040 Speaker 17: a half games behind the Braves for the final National 203 00:10:55,080 --> 00:10:57,880 Speaker 17: League wild card slot. Elsewhere, Red Socks loser third in 204 00:10:57,920 --> 00:11:00,680 Speaker 17: a row seven to five for the Diamondbacks. Giants fault 205 00:11:00,679 --> 00:11:03,000 Speaker 17: to the Mariners four to three. The A's knockoff the 206 00:11:03,040 --> 00:11:05,760 Speaker 17: Brewers four to three, while the forty forty man showy 207 00:11:05,760 --> 00:11:08,640 Speaker 17: Otani does not add to his Homeowners Steel's total in 208 00:11:08,679 --> 00:11:11,120 Speaker 17: a Dodger's three to one win over the Tampa Bay Rays, 209 00:11:11,360 --> 00:11:14,160 Speaker 17: White Sox become the second fastest team in the modern 210 00:11:14,160 --> 00:11:16,439 Speaker 17: era to lose one hundred games in the season. They 211 00:11:16,480 --> 00:11:19,840 Speaker 17: fall to the Tigers ninth to four. Keegan Bradley winning 212 00:11:19,880 --> 00:11:22,840 Speaker 17: the BMW Championship at Castle Pines in Colorado by one 213 00:11:22,840 --> 00:11:26,360 Speaker 17: stroke over three others to win his seventh PGA Tour tournaments, 214 00:11:26,480 --> 00:11:29,560 Speaker 17: the recent recently named US Ryder Cup Captain, finishing at 215 00:11:29,559 --> 00:11:33,199 Speaker 17: twelve under to edge Sam Burns, Ludvig Oberg and Adam Scott. 216 00:11:33,480 --> 00:11:36,520 Speaker 17: Patriots starting quarterback Jacoby Brissett may have dodged a serious 217 00:11:36,559 --> 00:11:39,840 Speaker 17: injury after leaving Sunday's preseason loss to the Commanders in 218 00:11:39,880 --> 00:11:42,959 Speaker 17: the first quarter with a throwing shoulder injury. Pats Head 219 00:11:43,000 --> 00:11:45,960 Speaker 17: coached Torod Mayo says they'll reassess Prissett later today, but 220 00:11:46,360 --> 00:11:49,000 Speaker 17: he didn't believe the injury to be serious. Sad news 221 00:11:49,000 --> 00:11:52,800 Speaker 17: though in the NFL, longtime Ravens offensive line coach Joe 222 00:11:52,800 --> 00:11:56,880 Speaker 17: Delasandras passing away at the age of seventy. Delasandras had 223 00:11:56,880 --> 00:11:58,960 Speaker 17: been hospitalized the past two weeks with what had been 224 00:11:59,000 --> 00:12:02,400 Speaker 17: described as an a illness. That's your Bloomberg Sports update. 225 00:12:02,440 --> 00:12:03,320 Speaker 17: I'm Dan Schwartzman. 226 00:12:03,480 --> 00:12:06,719 Speaker 1: Karen all right, Dan, thank you, and Boston listener is 227 00:12:06,720 --> 00:12:08,760 Speaker 1: our new home. Beginning September third, is going to be 228 00:12:08,880 --> 00:12:11,719 Speaker 1: ninety two nine FM. That's a day after Labor Day, 229 00:12:11,760 --> 00:12:15,640 Speaker 1: Bloomberg Radio moving to ninety two nine FM in Boston. 230 00:12:17,840 --> 00:12:21,880 Speaker 18: Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 231 00:12:22,080 --> 00:12:24,960 Speaker 18: and around the world on Bloomberg dot Com and the 232 00:12:25,040 --> 00:12:28,319 Speaker 18: Bloomberg Business app. This is Bloomberg Daybreak. 233 00:12:28,440 --> 00:12:30,760 Speaker 2: Good morning, I'm Nathan Hager. The Middle East on edge 234 00:12:30,760 --> 00:12:33,319 Speaker 2: once again after what Israel is calling a preemptive strike 235 00:12:33,360 --> 00:12:36,000 Speaker 2: on hes Bola over the weekend, taking out thousands of 236 00:12:36,080 --> 00:12:39,600 Speaker 2: missile launchers in southern Lebanon. White House National Security Advisor 237 00:12:39,679 --> 00:12:42,520 Speaker 2: Jake Sullivan says the US is monitoring the situation. 238 00:12:43,000 --> 00:12:47,240 Speaker 5: We have been concerned about the conflict escalating into an 239 00:12:47,280 --> 00:12:49,959 Speaker 5: all out regional war since October seventh, and we have 240 00:12:50,080 --> 00:12:53,720 Speaker 5: worked round the clock with partners and allies to have 241 00:12:53,760 --> 00:12:54,600 Speaker 5: birked that outcome. 242 00:12:54,760 --> 00:12:56,720 Speaker 2: I'm joining us now from Tel Aviv for the latest 243 00:12:56,800 --> 00:13:00,320 Speaker 2: is Bloomberg News Israel Bureau Chief Ethan Browner, Ethan goodmane moning, 244 00:13:00,440 --> 00:13:03,080 Speaker 2: what is the level of concern now about a regional war? 245 00:13:04,120 --> 00:13:07,360 Speaker 4: Mourning, Nathan. I think it's unchanged. 246 00:13:07,440 --> 00:13:10,600 Speaker 19: I mean it's a sort of a ten eleven months 247 00:13:10,600 --> 00:13:13,840 Speaker 19: of this has led to a kind of routine, weird 248 00:13:13,920 --> 00:13:17,520 Speaker 19: routine quality, which is that anytime there's a flare up, 249 00:13:17,520 --> 00:13:19,559 Speaker 19: there's a sense that it is going to spin out 250 00:13:19,559 --> 00:13:22,679 Speaker 19: of control, and indeed it might, and so far it hasn't. 251 00:13:23,000 --> 00:13:25,840 Speaker 19: There is a growing sense that maybe there's a kind 252 00:13:25,880 --> 00:13:30,640 Speaker 19: of a quodic, choreographed containment underway that still could explode, 253 00:13:30,840 --> 00:13:34,360 Speaker 19: but for the moment, both Isbelah and Israel and Iran 254 00:13:34,400 --> 00:13:39,199 Speaker 19: apparently have decided to keep it within a certain set 255 00:13:39,320 --> 00:13:40,479 Speaker 19: of rules of engagement. 256 00:13:40,880 --> 00:13:45,160 Speaker 2: Does that coordinated containment apply to Iran? I mean it's 257 00:13:45,160 --> 00:13:49,040 Speaker 2: been nearly a month since the death of the HMAS 258 00:13:49,120 --> 00:13:52,960 Speaker 2: leader in Tehran, and Iran has said it's going to 259 00:13:53,040 --> 00:13:54,960 Speaker 2: retaliate and has not. 260 00:13:56,320 --> 00:13:58,480 Speaker 4: That's right, So it looks like it might. 261 00:13:58,600 --> 00:14:03,960 Speaker 19: It looks like, you know, through various diplomatic channels, Iran 262 00:14:04,160 --> 00:14:06,320 Speaker 19: is sending the message that it is holding off to 263 00:14:06,360 --> 00:14:10,560 Speaker 19: see whether these talks in Cairo for a ceasefire and 264 00:14:10,600 --> 00:14:15,040 Speaker 19: a hostage release in Gaza get anywhere. I mean, I 265 00:14:15,080 --> 00:14:17,640 Speaker 19: think that, you know, there are so many factors as 266 00:14:17,720 --> 00:14:20,040 Speaker 19: kind of a Rubik's cue, but I do think that 267 00:14:20,200 --> 00:14:23,880 Speaker 19: Iran does not want Israel to retaliate against it if 268 00:14:23,880 --> 00:14:26,720 Speaker 19: it were to retaliate against Israel, and the same is 269 00:14:26,760 --> 00:14:28,400 Speaker 19: true for Isbellah and for Israel. 270 00:14:28,480 --> 00:14:30,760 Speaker 4: So there's both a lot of fear and. 271 00:14:30,720 --> 00:14:32,320 Speaker 19: A lot of sense that, well, let's see if we 272 00:14:32,360 --> 00:14:35,600 Speaker 19: can get somewhere some other way. But the idea of 273 00:14:35,640 --> 00:14:41,240 Speaker 19: a regional conflagration, don't forget their US carrier and air 274 00:14:41,280 --> 00:14:44,160 Speaker 19: defense that have been moved to the region. It is 275 00:14:44,200 --> 00:14:47,440 Speaker 19: certainly not something that anyone seems to want at the moment. 276 00:14:48,280 --> 00:14:52,240 Speaker 2: How does the situation in northern Lebanon or in northern 277 00:14:52,320 --> 00:14:57,720 Speaker 2: Israel between Israel and Hezbollah affect the talks if at all, 278 00:14:58,080 --> 00:15:01,320 Speaker 2: between Israel and Hamas underway in Kiro. 279 00:15:02,960 --> 00:15:05,320 Speaker 4: So it affects him in the following way. 280 00:15:05,560 --> 00:15:11,960 Speaker 19: The last ten months of battle between Israel and Hesbelah 281 00:15:12,160 --> 00:15:17,600 Speaker 19: have been inspired, if you like, by Israel's attack on 282 00:15:18,040 --> 00:15:20,880 Speaker 19: Hamas and Gassa. So Isbela says, we're doing this in 283 00:15:20,920 --> 00:15:25,760 Speaker 19: solidarity with Hamas, and if there is a piece deal 284 00:15:25,800 --> 00:15:28,680 Speaker 19: of some kind, a ceasefire and a hostage deal, we 285 00:15:28,800 --> 00:15:29,440 Speaker 19: will stop. 286 00:15:29,560 --> 00:15:29,760 Speaker 4: Now. 287 00:15:29,800 --> 00:15:33,360 Speaker 19: That won't end the threat from Israel's perspective of having 288 00:15:33,400 --> 00:15:36,400 Speaker 19: Hisbela right on a supporter, but it would have a 289 00:15:36,440 --> 00:15:40,440 Speaker 19: big role in whether more diplomacy could occur. So there's 290 00:15:40,480 --> 00:15:42,040 Speaker 19: definitely a big role there. 291 00:15:42,640 --> 00:15:45,360 Speaker 2: In our last thirty seconds. Then, Ethan, do you get 292 00:15:45,360 --> 00:15:49,600 Speaker 2: a sense that there is tangible progress in the talks 293 00:15:50,040 --> 00:15:53,160 Speaker 2: that are underway with Hamas kind of get him briefed 294 00:15:53,320 --> 00:15:57,240 Speaker 2: and Israel meeting with international mediators. 295 00:15:57,560 --> 00:16:02,000 Speaker 19: That is the word from those in Canjibill, but not 296 00:16:02,040 --> 00:16:03,320 Speaker 19: necessarily massive. 297 00:16:03,760 --> 00:16:07,080 Speaker 4: They're working out details. I think that you know, it's 298 00:16:07,120 --> 00:16:09,160 Speaker 4: a longer conversation we can have another time. 299 00:16:09,200 --> 00:16:13,040 Speaker 19: But the question is whether the guy running Hamas really 300 00:16:13,080 --> 00:16:16,840 Speaker 19: wants a deal or not. 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