1
00:00:02,520 --> 00:00:09,039
Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.

2
00:00:09,960 --> 00:00:10,520
Speaker 2: Good morning.

3
00:00:10,560 --> 00:00:13,399
Speaker 3: I'm Nathan Hager and I'm Karen Moscow. Here are the

4
00:00:13,440 --> 00:00:14,920
Speaker 3: stories we're following today.

5
00:00:15,560 --> 00:00:17,919
Speaker 2: Karen, it's day twenty six of the war with Iran,

6
00:00:18,000 --> 00:00:21,480
Speaker 2: but hopes are building for a diplomatic solution. President Trump

7
00:00:21,480 --> 00:00:24,119
Speaker 2: says talks are underway to try to end the fighting.

8
00:00:24,280 --> 00:00:25,919
Speaker 1: We're in negotiations right now.

9
00:00:26,600 --> 00:00:28,520
Speaker 3: They're doing it along with Marco jd.

10
00:00:29,440 --> 00:00:31,960
Speaker 4: We have a number of people doing it, and the

11
00:00:32,000 --> 00:00:33,839
Speaker 4: other side, I can tell you they'd like to make

12
00:00:33,880 --> 00:00:34,240
Speaker 4: a deal.

13
00:00:34,680 --> 00:00:37,200
Speaker 2: President Trump spoke from the White House as the US

14
00:00:37,200 --> 00:00:39,960
Speaker 2: has drafted a deal to bring the conflict to a close.

15
00:00:40,200 --> 00:00:43,120
Speaker 2: We get the details from Bloomberg's Jumana Borsecci in Dubai.

16
00:00:43,479 --> 00:00:47,320
Speaker 5: A fifteen point proposal has been submitted to the Iranians

17
00:00:47,560 --> 00:00:52,400
Speaker 5: via Pakistan. This fifteen point proposal is very similar to

18
00:00:52,440 --> 00:00:54,279
Speaker 5: some of the terms that the US had set out

19
00:00:54,320 --> 00:00:58,640
Speaker 5: prior to the war, even started reiterating some of the

20
00:00:58,720 --> 00:01:02,040
Speaker 5: key points. A commitment to pursue nuclear weapons, the smantling

21
00:01:02,080 --> 00:01:05,520
Speaker 5: of key nuclear sites, limited missile program, and a diaminant

22
00:01:05,600 --> 00:01:08,600
Speaker 5: of proxy funding. But there is one new element, and

23
00:01:08,640 --> 00:01:11,320
Speaker 5: that is the US. Of course, are insisting on a

24
00:01:11,360 --> 00:01:13,959
Speaker 5: full reopening of the Strait of Hormless.

25
00:01:14,040 --> 00:01:17,840
Speaker 2: Bloomberg Johanna Brissetti reports IRUN has yet to comment formally

26
00:01:17,920 --> 00:01:20,679
Speaker 2: on the proposal, it did keep up drone and missile

27
00:01:20,720 --> 00:01:24,120
Speaker 2: attacks on Israel and golf are of States overnight. At

28
00:01:24,160 --> 00:01:25,920
Speaker 2: the same time, Bloomberg News has learned that the Trump

29
00:01:25,920 --> 00:01:29,240
Speaker 2: Administration's ordered about two thousand soldiers from the eighty second

30
00:01:29,240 --> 00:01:31,920
Speaker 2: Airborne to deploy to the Middle East. Officials have not

31
00:01:32,000 --> 00:01:34,080
Speaker 2: said what they'll be used for, but they could play

32
00:01:34,080 --> 00:01:37,080
Speaker 2: support roles or lead the way for a ground attack.

33
00:01:37,440 --> 00:01:40,840
Speaker 3: Well, Nathan, we are seeing oil decline over the latest developments.

34
00:01:40,920 --> 00:01:43,480
Speaker 3: Right now nimex screwede oil is down five and a

35
00:01:43,560 --> 00:01:47,080
Speaker 3: quarter percent. Is it eighty seven dollars forty seven cents

36
00:01:47,120 --> 00:01:50,280
Speaker 3: a barrel? Brent is a ninety eight dollars eighty nine

37
00:01:50,320 --> 00:01:53,320
Speaker 3: cents black roxy Eilary Fing was asked by the BBC

38
00:01:53,400 --> 00:01:56,080
Speaker 3: what the long term consequences of the war might be.

39
00:01:56,480 --> 00:02:01,200
Speaker 6: If there's a cessation of war and yet remains a threat,

40
00:02:01,720 --> 00:02:04,800
Speaker 6: a threat to trade, a threat to the to the

41
00:02:04,960 --> 00:02:07,880
Speaker 6: streets of harmouth that I would argue that we could

42
00:02:07,960 --> 00:02:12,160
Speaker 6: have years years of you know, above one hundred dollars

43
00:02:12,200 --> 00:02:13,800
Speaker 6: closer to one hundred and fifty dollars oil.

44
00:02:13,960 --> 00:02:16,600
Speaker 5: What happens to the glebe La call me. If that happens,

45
00:02:16,680 --> 00:02:17,400
Speaker 5: how do we see it?

46
00:02:17,440 --> 00:02:20,079
Speaker 3: We'll have global reception and Mary Fink added he could

47
00:02:20,120 --> 00:02:23,079
Speaker 3: see high oil prices affecting the expansion of AI and

48
00:02:23,160 --> 00:02:24,040
Speaker 3: the US.

49
00:02:23,800 --> 00:02:26,679
Speaker 2: And Europe and if the war continues Karen. United Airlines

50
00:02:26,760 --> 00:02:28,840
Speaker 2: is warning its customers they may have to pay more

51
00:02:28,880 --> 00:02:32,680
Speaker 2: for tickets. CEO Scott Kirby spoke with Bloomberg's Lisa Brahmowitz

52
00:02:32,720 --> 00:02:33,640
Speaker 2: in Los Angeles.

53
00:02:33,800 --> 00:02:36,000
Speaker 7: There will be less demand, There'll be fewer people traveling

54
00:02:36,080 --> 00:02:38,280
Speaker 7: nice prices go up. That's part of our cut capacity

55
00:02:38,280 --> 00:02:41,200
Speaker 7: five percent. Like you know, when airfares have to go

56
00:02:41,280 --> 00:02:43,240
Speaker 7: up because of oil prices, there are going to be

57
00:02:43,240 --> 00:02:44,959
Speaker 7: some people that choose not to fly. And it'd be

58
00:02:45,040 --> 00:02:47,600
Speaker 7: naive not to realize that if wil price has stayed

59
00:02:47,600 --> 00:02:51,840
Speaker 7: where they are today, that's eleven billion of expense for

60
00:02:51,960 --> 00:02:55,280
Speaker 7: US and that would require prices to be up twenty

61
00:02:55,400 --> 00:02:57,000
Speaker 7: percent to break even.

62
00:02:57,320 --> 00:03:00,000
Speaker 2: United CEO Scott Kirby says at the moment, demand remain

63
00:03:00,000 --> 00:03:02,920
Speaker 2: means very strong. You can catch the full conversation on

64
00:03:02,960 --> 00:03:06,680
Speaker 2: the new video experience on the Bloomberg Business app mon Nathan.

65
00:03:06,720 --> 00:03:09,239
Speaker 3: We now turned to the latest on that deadly plane

66
00:03:09,240 --> 00:03:12,359
Speaker 3: crash at LaGuardia Airport. A system designed to help air

67
00:03:12,400 --> 00:03:15,720
Speaker 3: traffic controllers monitor vehicles and airplanes on the ground failed

68
00:03:15,760 --> 00:03:19,800
Speaker 3: to alert personnel before an Air Canada ExpressJet collided with

69
00:03:19,840 --> 00:03:23,600
Speaker 3: a fire truck, killing the two pilots. Federal investigators say

70
00:03:23,639 --> 00:03:27,280
Speaker 3: one of only two air traffic controllers on duty cleared

71
00:03:27,280 --> 00:03:30,799
Speaker 3: a fire truck across a runway just twelve seconds before

72
00:03:30,880 --> 00:03:35,920
Speaker 3: the flight touched down. Here's National Transportation Safety Board Jennifer Hammondy, the.

73
00:03:35,920 --> 00:03:39,040
Speaker 8: Controller in charge was also doing the duties of the

74
00:03:39,120 --> 00:03:45,560
Speaker 8: clearance delivery position that the clearance delivery controller provides pilots

75
00:03:45,600 --> 00:03:46,960
Speaker 8: with their departure.

76
00:03:46,480 --> 00:03:50,920
Speaker 3: Clearance, and as National Transportation Safety Board share Jennifer Hammandy,

77
00:03:50,960 --> 00:03:53,560
Speaker 3: who says, among the areas being explored or whether the

78
00:03:53,600 --> 00:03:57,240
Speaker 3: common practice of two controllers on duty overnight is enough.

79
00:03:57,440 --> 00:04:00,200
Speaker 2: Turning to the nation's capital, now, Karen Senate Democrats, I've

80
00:04:00,200 --> 00:04:03,200
Speaker 2: rejected the latest offer from President Trump and Republicans to

81
00:04:03,280 --> 00:04:06,200
Speaker 2: fund most of the Department of Homeland Security and end

82
00:04:06,280 --> 00:04:10,440
Speaker 2: a lengthy shutdown that has snarled airport's security checkpoints and

83
00:04:10,520 --> 00:04:13,280
Speaker 2: threatened to ripple through an economy already royaled by war.

84
00:04:13,480 --> 00:04:16,919
Speaker 2: Senate Minority Leader Chuck Schumer says Democrats will send a

85
00:04:17,080 --> 00:04:18,520
Speaker 2: counteroffer to Republicans.

86
00:04:18,960 --> 00:04:21,800
Speaker 8: Republicans can hopefully now come back to the table and

87
00:04:21,839 --> 00:04:26,400
Speaker 8: get serious about reaching a solution to pay TSA workers asap.

88
00:04:26,760 --> 00:04:29,800
Speaker 2: Senate Democratic Leader Chuck Schumer says the GOP plan does

89
00:04:29,839 --> 00:04:32,560
Speaker 2: not include any of the policy reforms and immigration and

90
00:04:32,560 --> 00:04:36,279
Speaker 2: customs enforcement that they've insisted on. Here's House Speaker Mike Johnson,

91
00:04:36,680 --> 00:04:37,120
Speaker 2: so I can.

92
00:04:37,040 --> 00:04:39,120
Speaker 9: Tell you the House is funded DHS twice.

93
00:04:39,120 --> 00:04:41,640
Speaker 10: We're prepared to do it again, completely fond the entire

94
00:04:41,680 --> 00:04:44,200
Speaker 10: department that is a responsible to do this thing.

95
00:04:44,279 --> 00:04:46,560
Speaker 7: So we've been very resistant to any.

96
00:04:46,680 --> 00:04:47,719
Speaker 3: Idea to break you apart.

97
00:04:47,839 --> 00:04:50,240
Speaker 2: House Speaker Mike Johnson says the Republican offer would have

98
00:04:50,240 --> 00:04:53,240
Speaker 2: funded ninety four percent of DHS, but leave out five

99
00:04:53,279 --> 00:04:55,520
Speaker 2: and a half billion dollars for ice enforcement.

100
00:04:55,960 --> 00:04:59,320
Speaker 3: Well. Nathan, a Democrat, is boysed to represent President Trump

101
00:04:59,360 --> 00:05:03,320
Speaker 3: and ismral Lago residents in the Florida State House of Representatives.

102
00:05:03,320 --> 00:05:08,160
Speaker 3: According to Decision Desk HH, Democrat Emily Gregory is predicted

103
00:05:08,200 --> 00:05:11,800
Speaker 3: to defeat her Republican opponent John Maples and a special election.

104
00:05:12,200 --> 00:05:14,640
Speaker 3: Gregory got fifty one percent of the vote compared with

105
00:05:14,680 --> 00:05:18,279
Speaker 3: forty nine for Maples. Republicans hold a wide majority in

106
00:05:18,320 --> 00:05:20,599
Speaker 3: the Florida State House, so the upset will have little

107
00:05:20,600 --> 00:05:23,880
Speaker 3: effect on state politics, but it represents a symbolic win

108
00:05:23,960 --> 00:05:27,120
Speaker 3: for Democrats ahead of the midterms. President Trump cast a

109
00:05:27,200 --> 00:05:30,520
Speaker 3: mail in ballot in Florida as he continues to publicly

110
00:05:30,560 --> 00:05:32,800
Speaker 3: bash the voting method as a source of fraud.

111
00:05:33,120 --> 00:05:37,240
Speaker 2: Well Judge Karen is bashing the Trump administration's rationale for

112
00:05:37,360 --> 00:05:42,160
Speaker 2: banning the federal government's use of artificial intelligence technology from Anthropic.

113
00:05:42,640 --> 00:05:45,800
Speaker 2: Federal judge says the government's decision does not appear to

114
00:05:45,839 --> 00:05:49,640
Speaker 2: be quote tailored to the stated national security concern and

115
00:05:49,880 --> 00:05:53,640
Speaker 2: looks like an attempt to cripple Anthropic. The maker of

116
00:05:53,720 --> 00:05:57,279
Speaker 2: the Claude chatbot, claims that the Pentagon's ban could cost

117
00:05:57,320 --> 00:05:59,359
Speaker 2: it billions of dollars in lost revenue.

118
00:06:00,080 --> 00:06:03,200
Speaker 3: News Nathan SpaceX's reportedly aiming to file a perspective for

119
00:06:03,240 --> 00:06:05,960
Speaker 3: an initial public offering as soon as this week. The

120
00:06:05,960 --> 00:06:09,560
Speaker 3: Information reports Elon Musk Company could try to raise more

121
00:06:09,560 --> 00:06:13,520
Speaker 3: than seventy five billion dollars. That capital raising would shatter

122
00:06:13,560 --> 00:06:17,320
Speaker 3: the previous high watermark set by Saudia Ramcos twenty nine

123
00:06:17,360 --> 00:06:19,400
Speaker 3: billion dollar listing in twenty nineteen.

124
00:06:19,640 --> 00:06:22,719
Speaker 2: And Karen Meta Platforms is offering its top executives stock

125
00:06:22,760 --> 00:06:26,000
Speaker 2: options for the first time since it's twenty twelve IPO

126
00:06:26,120 --> 00:06:29,080
Speaker 2: as part of an effort to retain and compensate executives.

127
00:06:29,440 --> 00:06:32,080
Speaker 2: The new options are outlined in company filings. They will

128
00:06:32,080 --> 00:06:35,560
Speaker 2: be released if Meta hits ambitious stock price milestones over

129
00:06:35,640 --> 00:06:36,240
Speaker 2: coming years.

130
00:06:36,600 --> 00:06:39,880
Speaker 3: And a programming note, Nathan Markets make cloths on Fridays,

131
00:06:39,880 --> 00:06:42,240
Speaker 3: but the world does not, and that's why we're bringing

132
00:06:42,279 --> 00:06:45,039
Speaker 3: you a new live radio and TV show. Bloomberg This

133
00:06:45,120 --> 00:06:47,520
Speaker 3: Weekend is looking beyond the daily headline, so the bigger

134
00:06:47,560 --> 00:06:51,880
Speaker 3: themes driving politics, business and culture. Joined David Gurek, Christina Raffini,

135
00:06:51,920 --> 00:06:55,720
Speaker 3: and Lisa Matteo for smart conversations and in depth interviews

136
00:06:55,720 --> 00:06:57,840
Speaker 3: that help make sense of the week that's been and

137
00:06:57,880 --> 00:07:01,160
Speaker 3: what comes next. Get Bloomberg This Week and live Saturdays

138
00:07:01,200 --> 00:07:04,719
Speaker 3: and Sundays from seven am Eastern on Bloomberg Radio, TV

139
00:07:05,160 --> 00:07:10,360
Speaker 3: and the Bloomberg Business app. Time Now for look at

140
00:07:10,360 --> 00:07:12,080
Speaker 3: some of the other stories making news in new York

141
00:07:12,080 --> 00:07:13,800
Speaker 3: and around the world. And for that we're John by

142
00:07:13,800 --> 00:07:16,160
Speaker 3: Bloomberg's Monica Rich Monica, good morning.

143
00:07:15,920 --> 00:07:19,960
Speaker 9: Hey, Good morning, Karen. Delta suspending specialty services now for Congress.

144
00:07:20,000 --> 00:07:24,560
Speaker 9: As a partial government shutdown continues and TSA delays get longer.

145
00:07:24,840 --> 00:07:27,880
Speaker 9: Lawmakers can typically get through security screenings quicker, and they

146
00:07:27,920 --> 00:07:31,280
Speaker 9: have escorts to bypass long lines. They also have a

147
00:07:31,280 --> 00:07:34,680
Speaker 9: dedicated reservation desk that, among other things, allows them to

148
00:07:34,720 --> 00:07:37,880
Speaker 9: make some last minute changes. But Delta says the priority

149
00:07:37,920 --> 00:07:41,080
Speaker 9: now is taking care of its staff and customers, which

150
00:07:41,120 --> 00:07:44,160
Speaker 9: they say is becoming increasingly difficult.

151
00:07:44,440 --> 00:07:47,440
Speaker 10: Hi Dow Salling, swe Marlen mull markway Mullen.

152
00:07:47,920 --> 00:07:48,400
Speaker 3: Martin Wayn.

153
00:07:48,440 --> 00:07:51,040
Speaker 9: Mullen has been sworn in as the new Secretary of

154
00:07:51,120 --> 00:07:54,120
Speaker 9: Homeland Security and says he's ready to get to work

155
00:07:54,440 --> 00:07:56,360
Speaker 9: and get TSA workers paid.

156
00:07:56,760 --> 00:08:00,680
Speaker 10: They're working with for free because of political politics. That's

157
00:08:00,720 --> 00:08:02,440
Speaker 10: all I need to know. I tell him, was your

158
00:08:02,480 --> 00:08:04,520
Speaker 10: fight in three inner sixty five days? Understand I'll be

159
00:08:04,600 --> 00:08:07,200
Speaker 10: fighting three inner sixty days, three hundred six five days

160
00:08:07,240 --> 00:08:07,600
Speaker 10: beside you.

161
00:08:07,920 --> 00:08:11,480
Speaker 9: Energy Executive Allan Armstrong was tapped by Oklahoma Governor Kevin

162
00:08:11,600 --> 00:08:14,760
Speaker 9: stid to fill Mullen's Senate seat. He was also sworn

163
00:08:14,800 --> 00:08:19,200
Speaker 9: in yesterday. Denmark's election is still unconclusive right now, which

164
00:08:19,240 --> 00:08:22,320
Speaker 9: means the prime Minister's future is still in limbo this morning.

165
00:08:22,600 --> 00:08:25,480
Speaker 9: It was an early election following President Trump's threats to

166
00:08:25,600 --> 00:08:28,520
Speaker 9: take over Greenland, and results show that Prime Minister Meta

167
00:08:28,560 --> 00:08:33,000
Speaker 9: Frederickson's left leaning campaign lost ground compared with the country's

168
00:08:33,040 --> 00:08:36,240
Speaker 9: last election in twenty twenty two. Neither party won a

169
00:08:36,280 --> 00:08:39,240
Speaker 9: majority in parliament, and Meta has been ordered to pay

170
00:08:39,280 --> 00:08:42,120
Speaker 9: three hundred and seventy five million dollars in damages now

171
00:08:42,200 --> 00:08:45,400
Speaker 9: after a jury in New Mexico ruled that Meta misled

172
00:08:45,480 --> 00:08:48,440
Speaker 9: teenagers in the state about the safety of its social networks.

173
00:08:48,800 --> 00:08:52,600
Speaker 9: Jurors say the company new apps like Facebook and Instagram

174
00:08:52,920 --> 00:08:56,040
Speaker 9: have become breeding grounds for sexual predators. There's a similar

175
00:08:56,080 --> 00:08:58,600
Speaker 9: trial that said to happen later this year in California.

176
00:08:59,080 --> 00:09:01,160
Speaker 9: Global News twenty four four hours a day and whenever

177
00:09:01,240 --> 00:09:04,000
Speaker 9: you want it with Bloomberg News Now. I'm Monica Ricks

178
00:09:04,160 --> 00:09:05,520
Speaker 9: and this is Bloomberg Karen.

179
00:09:06,320 --> 00:09:09,400
Speaker 3: Thanks Monica. Time now for our Bloomberg Sports update, and

180
00:09:09,480 --> 00:09:11,239
Speaker 3: for that we bring in John Stashower.

181
00:09:11,520 --> 00:09:14,680
Speaker 11: Thanks Karen. Hasn't expected in North Carolina. Has spired basketball

182
00:09:14,720 --> 00:09:17,079
Speaker 11: coach Ubert Davis after five years on the job. The

183
00:09:17,120 --> 00:09:19,480
Speaker 11: tar Heels in the first round of the NCAA Tournament,

184
00:09:19,520 --> 00:09:22,079
Speaker 11: blew a nineteen point lead and lost to VCU. The

185
00:09:22,160 --> 00:09:26,000
Speaker 11: Heels oh Davis five million. Joe Flacco not done at

186
00:09:26,040 --> 00:09:28,760
Speaker 11: age forty one. He'll play a nineteen season. He signed

187
00:09:28,960 --> 00:09:31,640
Speaker 11: with Cincinnati, where he'll be the backup to Joe Burrow.

188
00:09:31,679 --> 00:09:34,199
Speaker 11: The baseball season begins tonight with one game. It's the

189
00:09:34,280 --> 00:09:37,600
Speaker 11: Yankees in San Francisco. That's your Bloomberg Sports update.

190
00:09:39,160 --> 00:09:42,679
Speaker 3: Stay with us. More from Bloomberg day Break coming up after.

191
00:09:42,640 --> 00:09:51,200
Speaker 1: This Coast to coast on Bloomberg Radio, nationwide on Sirius XM,

192
00:09:51,480 --> 00:09:54,280
Speaker 1: and around the world on Bloomberg dot Com and the

193
00:09:54,360 --> 00:09:57,439
Speaker 1: Bloomberg Business opp This is Bloomberg Daybreak.

194
00:09:57,600 --> 00:10:00,199
Speaker 2: Good morning, I'm Nathan Hager. On day twenty six, the

195
00:10:00,360 --> 00:10:04,760
Speaker 2: US Israeli War, where Iran the US is pushing diplomacy.

196
00:10:04,960 --> 00:10:09,160
Speaker 2: Pakistan says Iran has received a fifteen point piece plan

197
00:10:09,320 --> 00:10:12,680
Speaker 2: from the US At the White House, President Trump says

198
00:10:12,720 --> 00:10:14,320
Speaker 2: Iran wants to make a deal.

199
00:10:14,720 --> 00:10:15,640
Speaker 4: I don't like to say this.

200
00:10:16,240 --> 00:10:16,880
Speaker 11: We've won this.

201
00:10:17,160 --> 00:10:20,160
Speaker 3: This war has been one the only one that likes

202
00:10:20,200 --> 00:10:20,840
Speaker 3: to keep it going?

203
00:10:21,000 --> 00:10:23,400
Speaker 2: Is the fake news that was President Trump speaking at

204
00:10:23,440 --> 00:10:25,880
Speaker 2: the White House this morning. We're joined from Dubai by

205
00:10:25,960 --> 00:10:29,880
Speaker 2: Bloomberg New Senior Middle East reporter Sam Dagger. Sam, Good morning.

206
00:10:30,000 --> 00:10:33,400
Speaker 2: What more do we know about this fifteen point plan

207
00:10:33,720 --> 00:10:36,280
Speaker 2: and whether Iran may be open to it?

208
00:10:36,360 --> 00:10:41,360
Speaker 4: Good morning, Good morning to you and your listeners. Yeah,

209
00:10:41,400 --> 00:10:44,240
Speaker 4: I mean, obviously there's still a lot of uncertainty over

210
00:10:44,559 --> 00:10:48,880
Speaker 4: the structure of negotiations, who is going to be participating

211
00:10:48,920 --> 00:10:53,480
Speaker 4: on the Iranian side, how any deal would be structured

212
00:10:53,520 --> 00:10:56,720
Speaker 4: at the stage. So obviously a lot of positive talk

213
00:10:57,200 --> 00:10:59,880
Speaker 4: from the White House from President Trump, but a lot

214
00:10:59,920 --> 00:11:05,040
Speaker 4: of unknowns on this side. We just heard actually earlier

215
00:11:05,280 --> 00:11:11,800
Speaker 4: today from the spokesman for Iran's Islamic Revolutionary Guard Corps

216
00:11:11,880 --> 00:11:15,960
Speaker 4: and the Armed Forces. His name is Lieutenant Colonel Ibrahim Zolviegari,

217
00:11:16,480 --> 00:11:19,160
Speaker 4: and he had some pretty, you know, strong words. He said,

218
00:11:20,040 --> 00:11:22,959
Speaker 4: addressing President Trump. You know, and I'm quoting here, have

219
00:11:23,120 --> 00:11:27,800
Speaker 4: your internal conflicts reached the point where you're negotiating with yourselves?

220
00:11:28,480 --> 00:11:31,240
Speaker 4: And he says again I'm quoting in here. He says,

221
00:11:31,320 --> 00:11:33,679
Speaker 4: our first and last word has been the same from

222
00:11:33,800 --> 00:11:36,920
Speaker 4: day one. It will stay that way, someone like us

223
00:11:37,040 --> 00:11:40,560
Speaker 4: will never come to terms with someone like you. Again,

224
00:11:40,600 --> 00:11:45,679
Speaker 4: it's Alvigari addressing President Trump. He said, not now, not ever,

225
00:11:46,240 --> 00:11:49,400
Speaker 4: so accoting to Iran, at least the people who are

226
00:11:49,440 --> 00:11:53,320
Speaker 4: calling the shots on the ground, the IRGC. There are

227
00:11:53,360 --> 00:11:54,319
Speaker 4: no negotiations.

228
00:11:55,520 --> 00:11:57,360
Speaker 2: But at the same time, though we have heard, though,

229
00:11:57,440 --> 00:12:03,280
Speaker 2: haven't we that Pakistan has delivered this peace plan to Iran?

230
00:12:04,040 --> 00:12:05,319
Speaker 11: What more do we know about that?

231
00:12:05,840 --> 00:12:09,240
Speaker 2: And what the parameters of this plan could be?

232
00:12:10,920 --> 00:12:14,719
Speaker 4: Yeah, I mean it could be potentially, you know, the

233
00:12:15,400 --> 00:12:18,160
Speaker 4: people on the civilian side, I mean, people like the

234
00:12:18,520 --> 00:12:23,200
Speaker 4: Foreign Minister about Sarrazi, who had been leading negotiations before

235
00:12:23,280 --> 00:12:25,599
Speaker 4: the start of the war. It could be people like

236
00:12:26,120 --> 00:12:30,480
Speaker 4: you know, the Speaker of Parliament, a very powerful figure

237
00:12:30,640 --> 00:12:36,360
Speaker 4: right now in the regime, Mohammed Baker Galibav But he's

238
00:12:36,440 --> 00:12:38,880
Speaker 4: come out also, and I mean a couple of days

239
00:12:38,920 --> 00:12:43,000
Speaker 4: ago and says, you know that the condition for any

240
00:12:43,080 --> 00:12:45,400
Speaker 4: talks with the US would be, uh, you know, the

241
00:12:45,480 --> 00:12:50,400
Speaker 4: Iranian people, as he said, demand complete and remorseful punishment

242
00:12:50,880 --> 00:12:53,880
Speaker 4: of the aggressors. And I mean there have been reports

243
00:12:53,920 --> 00:12:57,880
Speaker 4: that Iran is basically saying, yes, it will talk to

244
00:12:57,960 --> 00:13:01,400
Speaker 4: the US, as long as you know, it receives a

245
00:13:01,600 --> 00:13:07,839
Speaker 4: legally binding guarantees that would against any future attacks by

246
00:13:08,000 --> 00:13:12,000
Speaker 4: Israel in the US. It also wants apparently again reportedly

247
00:13:12,480 --> 00:13:16,400
Speaker 4: billions in reparations for damage caused by the war. It

248
00:13:16,559 --> 00:13:20,839
Speaker 4: wants sanctions to be lifted. It also wants to formalize

249
00:13:21,640 --> 00:13:24,000
Speaker 4: control over the Strait of Her Moves, and it's already

250
00:13:24,400 --> 00:13:27,720
Speaker 4: charging transit fees. I mean, we've reported that here at Bloomberg,

251
00:13:28,120 --> 00:13:31,439
Speaker 4: and it has circulated a letter among members of the

252
00:13:31,520 --> 00:13:35,800
Speaker 4: International Maritime Organization saying that any passage through the Strait

253
00:13:35,840 --> 00:13:38,840
Speaker 4: of Her Moves has to be in coordination with again

254
00:13:38,840 --> 00:13:42,840
Speaker 4: I'm quoting them here the letter, in coordination with competent authorities.

255
00:13:44,640 --> 00:13:46,719
Speaker 2: We have just thirty seconds left here, Dan, But we're

256
00:13:46,760 --> 00:13:49,160
Speaker 2: hearing as well that the US is sending even more

257
00:13:49,280 --> 00:13:51,680
Speaker 2: forces to the Middle East. What kind of impact could

258
00:13:51,720 --> 00:13:51,959
Speaker 2: that have?

259
00:13:53,520 --> 00:13:55,840
Speaker 4: Correct And again I can tell you the posture here

260
00:13:55,880 --> 00:13:59,160
Speaker 4: of Gulf states, I mean where I'm sitting in the UAE,

261
00:13:59,360 --> 00:14:02,240
Speaker 4: and to certain Saudi Arabia, they feel like almost military

262
00:14:02,280 --> 00:14:06,280
Speaker 4: confrontation with Iran at this stage is almost inevitable. I mean,

263
00:14:06,320 --> 00:14:09,320
Speaker 4: they have been discussing military options. There was a meeting

264
00:14:09,400 --> 00:14:11,920
Speaker 4: in Riyad last week where that was on the table.

265
00:14:12,559 --> 00:14:14,960
Speaker 4: We're hearing very strong language from the UA to Foreign

266
00:14:15,000 --> 00:14:17,199
Speaker 4: miniSTR a couple of days ago said we will no

267
00:14:17,360 --> 00:14:18,400
Speaker 4: negotiate with terrorist.

268
00:14:20,280 --> 00:14:23,720
Speaker 3: This is Bloomberg Daybreak, your morning podcast on the stories

269
00:14:23,800 --> 00:14:26,760
Speaker 3: making news from Wall Street to Washington and beyond.

270
00:14:27,080 --> 00:14:29,440
Speaker 2: Look for us on your podcast feed by six am

271
00:14:29,520 --> 00:14:32,880
Speaker 2: Eastern each morning, on Apple, Spotify, or anywhere else you listen.

272
00:14:33,120 --> 00:14:35,960
Speaker 3: You can also listen live each morning starting at five

273
00:14:36,000 --> 00:14:38,640
Speaker 3: am Wall Street Time on Bloomberg eleven three to zero

274
00:14:38,720 --> 00:14:41,600
Speaker 3: in New York, Bloomberg in ninety nine to one in Washington,

275
00:14:41,680 --> 00:14:45,600
Speaker 3: Bloomberg ninety two nine in Boston, and nationwide on serious

276
00:14:45,840 --> 00:14:47,360
Speaker 3: XM Channel one twenty one.

277
00:14:47,800 --> 00:14:50,480
Speaker 2: Plus listen coast to coast on the Bloomberg Business app

278
00:14:50,560 --> 00:14:53,320
Speaker 2: now with Apple CarPlay and Android auto interfaces.

279
00:14:53,600 --> 00:14:56,200
Speaker 3: And don't forget to subscribe to Bloomberg and News Now.

280
00:14:56,480 --> 00:14:59,000
Speaker 3: It's the latest news whenever you want it in five

281
00:14:59,080 --> 00:15:02,080
Speaker 3: minutes or less. Search Bloomberg News Now and your favorite

282
00:15:02,120 --> 00:15:05,720
Speaker 3: podcast platform to stay informed all day long. I'm Karen

283
00:15:05,840 --> 00:15:06,640
Speaker 3: Moscow and.

284
00:15:06,720 --> 00:15:09,280
Speaker 2: I'm Nathan Hager. Join us again tomorrow morning for all

285
00:15:09,320 --> 00:15:11,280
Speaker 2: the news you need to start your day right here

286
00:15:11,480 --> 00:15:12,560
Speaker 2: on Bloomberg Daybreak