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Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.

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Speaker 2: Good morning. I'm Nathan Hager and I'm John Tucker.

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Speaker 3: Here are these stories we're following today, John.

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Speaker 2: We begin in France this morning. President Emmanuel Macron is

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Speaker 2: remaining defiant that he will serve the remainder of his term.

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Speaker 2: McCrow appeared determined in a televised national address after Marie

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Speaker 2: Lapen's far right party joined forces with a left wing

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Speaker 2: alliance to topple his government. Here's Macron speaking through an interpreter.

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Speaker 4: National Rally NPS chose to vote against a government with

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Speaker 4: a text that contradicted their own platform and was an

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Speaker 4: insult to their own voters. By doing so, they chose chaos,

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Speaker 4: and that's the only project they share with the radical left.

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Speaker 2: French President Emmanuel mccron will meet with key politicians today.

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Speaker 2: He says he will appoint a new prime minister in

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Speaker 2: the coming days to replace Michel Barnier, he was ousted

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Speaker 2: in a no confidence vote earlier this week.

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Speaker 3: The architects that vote to als Barnier, National Rallied leader

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Speaker 3: Marine Leapin spoke exclusively with Bloomberg News discussing why Bonnier

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Speaker 3: was removed and how she plans to help now the

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Speaker 3: deficit with a new prime minister.

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Speaker 5: Our redlines are we can't ask the French people to

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Speaker 5: pay the bill for the mistakes of their leaders. That's

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Speaker 5: what mister Barney did. He massively increases taxes, He hits

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Speaker 5: sick people, retired people, he hits everyone, and at the

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Speaker 5: same time, once again the zero savings from the state,

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Speaker 5: that's inadmissible.

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Speaker 3: National Rally leader Marine Leapin speaking with Bloomberg there through

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Speaker 3: an interpreter. Franc's budget deficit is expected to wideen to

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Speaker 3: more than six percent of the GDP this year, double

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Speaker 3: what's allowed under the EU rules.

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Speaker 2: And John, we're also following the political turmoil that continues

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Speaker 2: to unfold in South Korea. After declaring marchal law earlier

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Speaker 2: this week, then reversing that hours later, South Korean President

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Speaker 2: Yunsuk y'all has lost the support of a key ally.

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Speaker 2: Han Dung hun, is head of Yun's ruling People Power part.

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Speaker 2: He's now calling for the president to be suspended from office,

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Speaker 2: quickly telling parliament it would be dangerous to allow you

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Speaker 2: to remain in office. Han cites credible evidence that you

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Speaker 2: ordered the arrest of key politicians on the night he

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Speaker 2: declared martial law. This increases the chances of an impeachment

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Speaker 2: vote and it's set to take place over the next

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Speaker 2: few days.

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Speaker 3: And Nathan turning back to the US and the latest

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Speaker 3: on the fatal shooting of United Healthcare boss Brian Thompson.

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Speaker 3: Bloomberg's Lisa Matteo joining US Live Now in New York

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Speaker 3: with that story.

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Speaker 6: Lisa, good morning, Good morning, john Ya. We're now getting

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Speaker 6: a better idea of what the man wanted for the

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Speaker 6: shooting of Thompson looks like the NYPD they released new

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Speaker 6: photos that actually show his face, and police are hoping

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Speaker 6: that a ten thousand dollars reward to help identify him

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Speaker 6: will speed up the investigation. Former NYPD Chief of Detectives

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Speaker 6: Bob Boyce said that it's the right strategy.

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Speaker 7: The number one primary thing right now is identify him

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Speaker 7: and then apprehend him, and the motive.

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Speaker 8: Comes a little bit after that.

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Speaker 6: So this two pursuits here now for now. Police continue

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Speaker 6: their manhunt. On Wednesday, officials they searched the Hi New

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Speaker 6: York City youth hostel that's on Manhattan's Upper West Side,

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Speaker 6: and sources to say the suspect checked into the hostel

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Speaker 6: using a fake New Jersey driver's license and had been

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Speaker 6: there since November thirtieth.

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Speaker 9: Now.

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Speaker 6: Meanwhile, police in Minneapolis while they're investigating fake bomb threats

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Speaker 6: that were reported on Wednesday night at Thompson's home and

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Speaker 6: another that was on a nearby street where his wife lives.

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Speaker 6: Lisa Matteo Bloomberg Radio, No.

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Speaker 2: Lisa, thank you.

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Speaker 9: In Washington, DC.

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Speaker 2: President elect Donald Trump has selected a couple of key appointees.

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Speaker 2: He is named Georgia's Senator David Perdue, the former senator

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Speaker 2: US Ambassador to China. Bloomberg Steven Engel says he expects

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Speaker 2: the business executive turned politician to be a China hawk.

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Speaker 10: I don't think Beijing's going to get an easy dove

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Speaker 10: coming in as the ambassador. It's an extremely difficult job, obviously,

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Speaker 10: to be the ambassador, the US ambassador of China at

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Speaker 10: this time of increased entity list and export controls and

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Speaker 10: retaliatory export bands in key to the United States by China.

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Speaker 10: There's so much pressure in this job.

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Speaker 2: We'll have to see and Bloomberg Steven Engel says, well,

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Speaker 2: he expects the US to remain hankish on China. Purdue

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Speaker 2: does have experience dealing with Communist Party officials and has

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Speaker 2: expressed a desire for cooperation with Beijing.

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Speaker 3: And Trump announced another notable appointee in his next administration.

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Speaker 3: Venture capitalist David Sachs is going to serve as his

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Speaker 3: Artificial Intelligence and crypto Zar. Bloomberg Centa Beel Droolers says

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Speaker 3: it's a newly created position to underscores the President Lungs

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Speaker 3: intent to boost two rapidly developing industries.

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Speaker 11: Crypto is very interesting because this is an area where

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Speaker 11: the US has sort of been reluctant to Yes, they've

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Speaker 11: got sort of the institutional base, and yes they've got

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Speaker 11: a lot of the innovation coming from there, but actually

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Speaker 11: to regulate the space. They haven't really wanted to do

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Speaker 11: that just yet. But now we've actually got a sense

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Speaker 11: of just the priority that this is going to be taking.

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Speaker 3: Bloomberg Centa Beel Droolers ends that sax has expected as

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Speaker 3: spearhead crypto industry deregulation and provide crypto advocates a direct

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Speaker 3: line to the White House, as well as the guide

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Speaker 3: policy for the administration in AI and cryptocurrency.

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Speaker 2: And Sach's appointment comes as bitcoin and other cryptos continue

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Speaker 2: to rally after Trump's election, Bitcoin has seen a bit

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Speaker 2: of a pullback after surpassing the one hundred thousand dollars

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Speaker 2: mark for the first time. Right now, Bitcoin's trading it

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Speaker 2: close to ninety eight thousand. One of the reasons for

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Speaker 2: the bullishness is the idea that the incoming Trump administration

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Speaker 2: could create a national bitcoin reserve. Not everyone supports that idea,

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Speaker 2: including former Treasury Secretary Larry Summers.

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Speaker 12: Some of what is being said, this idea that we

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Speaker 12: should have some kind of national bitcoin reserve is crazy.

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Speaker 12: I understand why we need a national oil reserve. I

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Speaker 12: understand why a century ago we accumulated gold. Why would

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Speaker 12: the government choose to support by accumulating a sterile inventory

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Speaker 12: a bunch of bitcoin. There's no re to do that

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Speaker 12: other than to pander to generous special interest campaign contributors.

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Speaker 2: At the same time, former Treasury Secretary Larry Summers tells

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Speaker 2: Bloomberg's Wall Street Week there are instances where crypto has

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Speaker 2: been overregulated. He says it is important to support financial innovation.

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Speaker 3: Let's turn to the economy now, Dathan, we get the

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Speaker 3: November jobs report eight thirty Wall Street Time traders expecting

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Speaker 3: a rebound of non farm payrolls compared to last month's print.

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Speaker 3: Let's get the preview now from Bloomberg's Mike McKee.

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Speaker 1: Forecasts are for a big rebounded job creation as workers

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Speaker 1: sidelined by October's strikes and hurricanes return to payrolls in November.

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Speaker 1: There are estimates that change in payrolls could be as

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Speaker 1: high as three hundred thousand, But given the caveats, the

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Speaker 1: Fed will look through the headline number, paying more attention

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Speaker 1: to the unemployment rate, which isn't affected by those distortions

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Speaker 1: unless it goes up by a lot, which is not forecast.

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Speaker 1: Central bankers will see a labor market largely in ballot.

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Speaker 1: The look at earnings to see if there's any inflation danger.

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Speaker 1: But unless we have a big surprise, it's not likely

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Speaker 1: the jobs report will change the Fed's December rate plans.

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Speaker 1: Michael McKee, Bloomberg Radio.

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Speaker 2: All right, Mike, thanks, and finally, this job is going

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Speaker 2: to take quite a bit longer. NASA is delaying its

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Speaker 2: first moon landing in more than fifty years to twenty

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Speaker 2: twenty seven. Engineers at the agency have been raising to

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Speaker 2: fix critical safety issues with hardware and our adjusting plans

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Speaker 2: for future flights. NASA says it is also delaying a

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Speaker 2: precursor crude lunar fly by called Artemis two by seven

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Speaker 2: months that won't happen now until April of twenty twenty six.

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Speaker 3: Yeah, that brings us to five vote nine out Wall Street.

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Speaker 3: Time for a look at some of the other stories

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Speaker 3: making news in New York and around the world. And

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Speaker 3: for that we're done by Bloomberg's Michael Barr. Michael, Good morning,

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Speaker 3: Good morning John. Today, jury deliberations will continue for a

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Speaker 3: fourth day for Daniel Penny. Still no verdict after three

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Speaker 3: days of deliberations in the trial of the marine veteran

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Speaker 3: penning his charge with the manslaughter in the New York

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Speaker 3: City subway Chocold death of a homeless man, Jordan Neely Penny,

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Speaker 3: who has pleaded not guilty. He could face up to

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Speaker 3: fifteen years in prison if convicted. Authorities in California have

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Speaker 3: identified the man who shot kindergarteners in this week's Palermo

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Speaker 3: school shooting. Butte County Sheriff Cory Hoone identified that man

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Speaker 3: as fifty six year old Glenn Litton, saying he took

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Speaker 3: an uber to the school, met with an administrator, and

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Speaker 3: as he was leaving, shot the two children.

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Speaker 13: He has a lengthy criminal history and history of mental

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Speaker 13: health issues. His first prison sentence was in nineteen ninety

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Speaker 13: one for theft. Several other convictions for various crimes to

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Speaker 13: include theft, fraud, forgery in the nineties and early two thousands.

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Speaker 9: Sheriffoni says the suspect died at the scene from an

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Speaker 9: apparent self inflicted gunshot wound. Also, it says the two

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Speaker 9: kindergarteners who we shot, ages five and six, are in

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Speaker 9: critical but stable condition, with a long road to recovery ahead.

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Speaker 9: California and Oregon are reeling from a major earthquake that

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Speaker 9: struck off the coast of Ferndale in northern California yesterday.

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Speaker 9: The magnitude seven quake sparked a tsunami warning and several aftershocks.

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Speaker 9: Seismologist doctor Lucy Jones.

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Speaker 5: I know it was a quite big earthquake.

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Speaker 3: It happened somewhere in California only every once.

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Speaker 1: A decade or so, so it's not a common event,

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Speaker 1: but it's something we expect to happen.

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Speaker 9: In the end, there was no major damage and no tsunami. Finally,

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Speaker 9: the White House Christmas tree lighting ceremony took place last

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Speaker 9: night three two what President Biden attended his final White

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Speaker 9: House Christmas Tree lighting as president.

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Speaker 7: It was for you and for the nation, not always,

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Speaker 7: so we continue to seek the light of liberty and

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Speaker 7: love and compassion, dignity and decency.

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Speaker 9: This year's tree is a thirty five foot red spruits.

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Speaker 9: Global News twenty four hours a day and whenever you

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Speaker 9: wanted with the Bloomberg News. Now I'm Michael Barran.

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Speaker 3: This is Bloomberg, John, Michael, thank you, and time now

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Speaker 3: for the Bloomberg Sports updates being grunt you by your

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Speaker 3: Trient State outy dealers. So that hap we bring in

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Speaker 3: John stash Houer.

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Speaker 14: Hey John. The Detroit Lions never want or even play

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Speaker 14: in the Super Bowl, but they are the favorites to

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Speaker 14: win it this year. And why wouldn't they be? Lions

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Speaker 14: having lost the game in three months hosted Green Bay,

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Speaker 14: the were four second half lead changes, the game was

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Speaker 14: tied in the final seconds.

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Speaker 1: Jake Bates, rookie kicker, the approach, sweeps the leg.

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Speaker 8: Kick all the way, He's gone.

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Speaker 10: The Lions wind.

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Speaker 2: It is a new franchise record.

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Speaker 8: Eleven straight victories for the Detroit Lions.

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Speaker 14: That's been one of the calls. The Lions beat the

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Speaker 14: thirty four to thirty one. Jared got thirty two of forty.

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Speaker 9: One three touchdowns.

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Speaker 14: Lions coach Dan Campbell on what his message was after the.

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Speaker 15: Game, We'll never forget this game. And I think a

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Speaker 15: lot of it is just that, well we've had to

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Speaker 15: overcome then we were dealt. And I just love the

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Speaker 15: fact our guys don't make excuses, man, they just find

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Speaker 15: a way. And uh, and everybody in that on this

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Speaker 15: team believe we were gonna win that game, and we

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Speaker 15: were gonna find a way and uh, and we just

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Speaker 15: we did it again.

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Speaker 14: They've been winning despite a ton of injuries. The Packers

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Speaker 14: only lost twice the past two months, both losses to Detroit.

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Speaker 14: Bill Belichick interviewed for the coaching job at the University

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Speaker 14: of North Carolina, so the Tarios considering replacing seventy three

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Speaker 14: year old Mac Brown with the seventy two year old

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Speaker 14: Belichick at the guard Knicks down thirteen yearly On, but

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Speaker 14: they pulled away from Charlotte with a twenty eight to

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Speaker 14: six run of the second half. They beat the Hornets

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Speaker 14: won twenty five to one oh one. All five Nick

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Speaker 14: starters scored at least eighteen points called Anthony Towns at

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Speaker 14: twenty seven with sixteen rebounds. Islanders lost to Sea Attle

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Speaker 14: five to two. Chicago Blackhawks, with the NHL's worst record,

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Speaker 14: fired coach Luke Richardson. The A's will have a new

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Speaker 14: picture when they begin playing Sacramento. They signed free agent

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Speaker 14: Luis Severino ex medex Yankee three years, sixty seven million.

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Speaker 14: That's more money than the A's have ever given a player.

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Speaker 14: John stash Howard, Bloomberg Sports, JOHNA.

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Speaker 8: Nathan Coast to Coast on Bloomberg Radio, nationwide on Sirius XM,

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Speaker 8: and around the world on Bloomberg dot Com and the

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Speaker 8: Bloomberg Business app.

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Speaker 2: This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. French

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Speaker 2: President Emanuel mccrowe is set to meet with key politicians today,

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Speaker 2: as he bounced to serve out the rest of his

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Speaker 2: term into twenty twenty seven and form a new government.

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Speaker 2: That's after his Prime Minister, Michel Barnier fell to a

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Speaker 2: no confidence vote this week.

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Speaker 4: I will ask them to form a government for the

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Speaker 4: general interest, representing every political force within the spectrum of

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Speaker 4: parties destined to govern, and that they could join or

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Speaker 4: at least agreed not to bring it down.

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Speaker 2: President mccral spoke through a translator in an addressed to

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Speaker 2: his nation last night, joining us from Paris this morning

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Speaker 2: once again Bloomberg Daybreak. You're a banker, Stephen Carroll. So

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Speaker 2: Stephen McCrone sounding defiant here, but he is still under

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Speaker 2: a lot of political pressure, is he not?

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Speaker 14: Good morning?

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Speaker 16: Yeah, he certainly is mourning, Nathan. Look, this is a

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Speaker 16: moment for Emmanuel Macron that he essentially laid out his

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Speaker 16: plan but didn't give us that much in from new information.

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Speaker 16: He said that he won't resign, so he's not worried

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Speaker 16: about the polls, saying the majority of French people do

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Speaker 16: want him to resign. Nor is he worried about the

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Speaker 16: far left who are calling for him to resign, or

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Speaker 16: Marine Lapen, who says, you know, it's really up to him,

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Speaker 16: but you know, read between the lines. She wouldn't be

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Speaker 16: too upset either if he decided to resign as well.

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Speaker 16: So he's now focusing on what he's calling this government

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Speaker 16: of national interest, and the meetings lined up underway now

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Speaker 16: in the Elyse Palace this morning will include his own

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Speaker 16: political family, the center right party that he's been working

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Speaker 16: with over the past few months, and then he's also

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Speaker 16: trying to tempt over the center left Socialist Party. They

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Speaker 16: didn't sign up to his centrist coalition the last time around,

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Speaker 16: but now they're hoping to temp him. We've been hearing

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Speaker 16: from the head of the Socialist Party this morning. He

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Speaker 16: has been speaking on French radio saying, yeah, you know,

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Speaker 16: we're open to negotiate, but we expect, in the words

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Speaker 16: we're reciprocal concessions from the center and center right if

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Speaker 16: they're to do a deal essentially and go into government together.

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Speaker 16: The interesting thing here is is that even if he

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Speaker 16: got the Socialist Party, although that would improve the numbers

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Speaker 16: in Parliament, still doesn't give them a majority. So they're

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Speaker 16: still going to have to keep an eye on what

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Speaker 16: the far left and far right would do if a

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Speaker 16: deal could be done. No sign of a deal yet.

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Speaker 16: Emmanuel Macron says he will name a prime minister in

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Speaker 16: the coming days.

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Speaker 2: Why could concessions look like steven to the left when

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Speaker 2: we've seen so many concessions already to the far right.

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Speaker 16: Yeah, I mean, look, this is going to be about

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Speaker 16: a balance between what you're going to spend public money

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Speaker 16: on because realistically, when we're talking about concessions, we're mostly

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Speaker 16: focused on the budget that seemed to be the most

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Speaker 16: immediate need. Emmanuel Macron says he wants a budget passed

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Speaker 16: in January, which will already be kind of later than

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Speaker 16: it should be obviously, because it was meant to be

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Speaker 16: passed before the end of the year. We'll be looking

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Speaker 16: out to see whether there'll be measures on tax on

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Speaker 16: spending in certain areas as well, and how much the

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Speaker 16: discussion around the deficit comes into it as well. Because

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Speaker 16: the Francis deff deficit has already double what it's supposed

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Speaker 16: to be under EU rules. Michel Bounier, in the budget

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Speaker 16: that has fallen, had laid out a plan to bring

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Speaker 16: it down to EU rules by twenty twenty nine. Essentially

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Speaker 16: that you have to sell a bay EU rules. So

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Speaker 16: the question of how much money there is to spend

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Speaker 16: very limited. But we'll be looking to see what individual

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Speaker 16: measures that these parties might want, and I think the

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Speaker 16: issues around cost of living, support for households and taxation

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Speaker 16: are going to be key to that.

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Speaker 3: This is Bloomberg Daybreak, your morning podcast on the stories

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Speaker 3: making news from Wall Street to Washington and beyond.

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