1 00:00:02,240 --> 00:00:05,040 Speaker 1: News when you want it With Bloomberg News Now. I'm 2 00:00:05,080 --> 00:00:08,200 Speaker 1: Brian Curtis in Hong Kong. The US is weighing its 3 00:00:08,240 --> 00:00:11,320 Speaker 1: response to a deadly attack on a US base in Jordan. 4 00:00:11,680 --> 00:00:14,440 Speaker 1: The White House is blaming Iran back militants for the 5 00:00:14,480 --> 00:00:17,919 Speaker 1: weekend drone strike, a strike that killed three US service 6 00:00:17,960 --> 00:00:22,200 Speaker 1: members and wounded dozens of others. Pentagon spokesman Pat Ryder 7 00:00:22,320 --> 00:00:24,600 Speaker 1: joined us this morning on Bloomberg Surveillance. 8 00:00:25,280 --> 00:00:29,360 Speaker 2: We will take deliberate, appropriate action. Our focus here is 9 00:00:29,440 --> 00:00:32,800 Speaker 2: not to broaden a conflict. From the very beginning, we've 10 00:00:32,840 --> 00:00:36,720 Speaker 2: been very focused on ensuring that the situation in Israel 11 00:00:36,840 --> 00:00:40,720 Speaker 2: does not broaden into a wider regional conflict. Unfortunately, what 12 00:00:40,760 --> 00:00:44,360 Speaker 2: you have here are Iranian proxy groups that are exploiting 13 00:00:44,400 --> 00:00:49,640 Speaker 2: the situation and conducting these types of illegal attacks against 14 00:00:49,680 --> 00:00:52,640 Speaker 2: forces that are in the region to actually preserve peace 15 00:00:52,640 --> 00:00:55,000 Speaker 2: and stability. 16 00:00:54,040 --> 00:00:58,600 Speaker 1: Pentagon spokesman Pat Ryder on Bloomberg Surveillance. Iran is denying 17 00:00:58,640 --> 00:01:03,280 Speaker 1: any involvement in the weekend strike. Defense Secretary Lloyd Austin 18 00:01:03,520 --> 00:01:06,039 Speaker 1: is back at work in person at the Pentagon for 19 00:01:06,080 --> 00:01:08,640 Speaker 1: the first time in almost a month. He addressed the 20 00:01:08,680 --> 00:01:12,160 Speaker 1: weekend attack in northeast Jordan during a bilateral meeting with 21 00:01:12,319 --> 00:01:14,520 Speaker 1: NATO Secretary General Jen Stoltenberg. 22 00:01:15,040 --> 00:01:18,840 Speaker 3: Let me start with my outrage in sorrow for the 23 00:01:18,880 --> 00:01:22,120 Speaker 3: death of three brave US troops in Jordan and for 24 00:01:22,240 --> 00:01:25,160 Speaker 3: the other troops who were wounded. President and I will 25 00:01:25,200 --> 00:01:28,880 Speaker 3: not tolerate attack on US forces and we will take 26 00:01:28,920 --> 00:01:32,240 Speaker 3: all necessary actions to defend the US and our troops. 27 00:01:33,200 --> 00:01:37,040 Speaker 1: Austin had been working from home since January fifteenth, after 28 00:01:37,080 --> 00:01:40,520 Speaker 1: he was released from the hospital at followed complications from 29 00:01:40,560 --> 00:01:44,600 Speaker 1: prostate cancer surgery. He sparked an uproar for failing to 30 00:01:44,640 --> 00:01:48,680 Speaker 1: properly disclose his illness for several days. In the meantime, 31 00:01:48,680 --> 00:01:51,960 Speaker 1: Stoltenberg will meet with members of Congress on Tuesday to 32 00:01:52,040 --> 00:01:56,480 Speaker 1: discuss Ukraine's war against Russia. The doks will include funding 33 00:01:56,600 --> 00:02:01,120 Speaker 1: issues for Ukraine. Stoltenberg spoke earlier to report in Washington. 34 00:02:01,640 --> 00:02:05,440 Speaker 4: I'm confident to that all Nadallas also the United States 35 00:02:05,600 --> 00:02:09,840 Speaker 4: will continue to provide support to Ukraine because this is 36 00:02:09,880 --> 00:02:13,239 Speaker 4: in our own security interest to do so. It would 37 00:02:13,240 --> 00:02:16,440 Speaker 4: be a trangedy for the Ukrainians if President Putin wins, 38 00:02:16,480 --> 00:02:18,920 Speaker 4: but it will also make the world more dangerous than 39 00:02:19,639 --> 00:02:21,760 Speaker 4: all of US more insecured. 40 00:02:21,520 --> 00:02:25,520 Speaker 1: Native Secretary General Jen Stoltenberg, while Senate negotiators did more 41 00:02:25,560 --> 00:02:29,840 Speaker 1: work on a bipartisan border security bill. That's despite Speaker 42 00:02:29,919 --> 00:02:32,720 Speaker 1: Johnson's value that the measure would be dead on arrival 43 00:02:32,760 --> 00:02:35,840 Speaker 1: in his chamber. During a briefing Monday, White House Press 44 00:02:35,840 --> 00:02:39,640 Speaker 1: Secretary Karine Jean Pierre shared details of the proposed legislation. 45 00:02:40,200 --> 00:02:43,720 Speaker 5: This bipartisan agreement would deliver the resources the President asked 46 00:02:43,760 --> 00:02:47,400 Speaker 5: for in his supplemental, like thirteen hundred new border patrol agents, 47 00:02:47,680 --> 00:02:51,519 Speaker 5: three hundred and seventy five new immigration judges, sixteen hundred 48 00:02:51,520 --> 00:02:56,160 Speaker 5: new asylum officers, one hundred cutting edge inspection machines to 49 00:02:56,360 --> 00:03:00,280 Speaker 5: catch fentanol. It would also provide a president with a 50 00:03:00,360 --> 00:03:04,919 Speaker 5: new emergency authority to secure our border when it becomes overwhelmed. 51 00:03:05,520 --> 00:03:09,040 Speaker 1: That was White House Press Secretary Corene Jean Pierre. Over 52 00:03:09,080 --> 00:03:11,760 Speaker 1: the weekend, President Biden said that he would shut down 53 00:03:11,800 --> 00:03:15,600 Speaker 1: the southern border if Congress sends him a bill. Republicans 54 00:03:15,600 --> 00:03:19,760 Speaker 1: say Biden has executive authority to act without Congressional approval. 55 00:03:20,320 --> 00:03:23,600 Speaker 1: Elon Musk says the first human patient has received a 56 00:03:23,680 --> 00:03:27,680 Speaker 1: brain implant from his startup Neuralink. Musk said that the 57 00:03:27,720 --> 00:03:31,280 Speaker 1: patient is recovering well and that the initial results are 58 00:03:31,360 --> 00:03:35,560 Speaker 1: promising well. The next steps in the liquidation of China Evergrand, 59 00:03:35,560 --> 00:03:39,160 Speaker 1: a Chinese developer, are about to unfold. Evergrand is a 60 00:03:39,160 --> 00:03:43,360 Speaker 1: massive enterprise across hundreds of cities and several businesses. Here's 61 00:03:43,360 --> 00:03:44,480 Speaker 1: Bloomberg Stephen Engel. 62 00:03:45,480 --> 00:03:48,160 Speaker 6: Will that court order be followed in Mainland where there's 63 00:03:48,160 --> 00:03:52,160 Speaker 6: a different legal system obviously, which obviously takes direction essentially 64 00:03:52,160 --> 00:03:55,800 Speaker 6: from the Communist Party. So if there's a dispersal of 65 00:03:55,920 --> 00:04:00,000 Speaker 6: these assets, isn't going to happen in China, right because 66 00:04:00,200 --> 00:04:02,880 Speaker 6: essentially there's no precedence for a large company like this, 67 00:04:03,240 --> 00:04:06,680 Speaker 6: with a spaghetti bowl of different assets and liabilities and 68 00:04:07,000 --> 00:04:11,520 Speaker 6: priorities and international bondholders and different kinds of creditors. Who's 69 00:04:11,600 --> 00:04:15,080 Speaker 6: going to be left with the lion's share? 70 00:04:16,080 --> 00:04:18,719 Speaker 1: Bloomberg Steven Engel have a ground to mass more than 71 00:04:18,760 --> 00:04:21,920 Speaker 1: three hundred billion dollars in debt during China's property boom, 72 00:04:22,440 --> 00:04:25,599 Speaker 1: and a Bloomberg age of Chinese developers is now down 73 00:04:25,640 --> 00:04:29,320 Speaker 1: about three point two percent in Hong Kong trading. That's 74 00:04:29,400 --> 00:04:32,159 Speaker 1: news when you want it with Bloomberg News. Now, I'm 75 00:04:32,160 --> 00:04:34,120 Speaker 1: Brian Curtis, This is Bloomberg,