1 00:00:02,400 --> 00:00:05,640 Speaker 1: Good morning. I'm Brian Curtiz and I'm Doug Krisner. Here 2 00:00:05,680 --> 00:00:07,320 Speaker 1: are the stories we're following today. 3 00:00:07,760 --> 00:00:10,800 Speaker 2: Israeli Prime Minister of Benyamin Netanyahu has ruled out a 4 00:00:10,840 --> 00:00:14,400 Speaker 2: cease fire and he has refused to resign, which the 5 00:00:14,480 --> 00:00:17,599 Speaker 2: opposition has been imploring him to do. Let's get to 6 00:00:17,720 --> 00:00:20,799 Speaker 2: Ed Baxter in San Francisco with all the latest. 7 00:00:20,480 --> 00:00:23,160 Speaker 3: Dead Yeah, that's right, Brian. And this with a backdrop 8 00:00:23,200 --> 00:00:27,920 Speaker 3: of intensified ground operations in Gaza, tanks penetrating deep into Gaza, 9 00:00:28,200 --> 00:00:31,360 Speaker 3: and Israeli forces raiding a West Bank, exchanging fire with 10 00:00:31,440 --> 00:00:35,680 Speaker 3: Hezbollah across the Lebanese border. Net Yahoo defiant today at 11 00:00:35,720 --> 00:00:37,639 Speaker 3: addressing the nation of the media, I. 12 00:00:37,560 --> 00:00:40,200 Speaker 4: Want to make clear Israel's position regarding the cease fire. 13 00:00:41,479 --> 00:00:43,600 Speaker 4: Just as the United States would not agree to a 14 00:00:43,640 --> 00:00:47,280 Speaker 4: cease fire after the bombing of Pearl Harbor or after 15 00:00:47,320 --> 00:00:50,880 Speaker 4: the terrorist attack of nine eleven, Israel will not agree 16 00:00:50,880 --> 00:00:54,320 Speaker 4: to a cessation of ascilities with Kramas after the horrific 17 00:00:54,400 --> 00:00:59,440 Speaker 4: attacks of October seventh. Calls for a ceasefire are calls 18 00:00:59,480 --> 00:01:03,880 Speaker 4: for Israel well to surrender to Ramas, to surrender to terrorism, 19 00:01:04,560 --> 00:01:06,480 Speaker 4: to surrender to barbarism. 20 00:01:07,240 --> 00:01:10,160 Speaker 3: That will not happen, and says he will not resign. 21 00:01:10,520 --> 00:01:14,280 Speaker 4: The only thing that I intend to have resign is Ramas. 22 00:01:14,600 --> 00:01:17,040 Speaker 4: We're going to resign them to the dust benef history. 23 00:01:17,720 --> 00:01:20,360 Speaker 4: That's my goal, that's my responsibility, and that's what I'm 24 00:01:20,440 --> 00:01:21,319 Speaker 4: leading the country to do. 25 00:01:21,480 --> 00:01:23,600 Speaker 3: And then Yahoo says this is a turning point, the 26 00:01:23,680 --> 00:01:28,200 Speaker 3: decision to fight or surrender to tyranny. House Republicans are 27 00:01:28,440 --> 00:01:31,480 Speaker 3: taking their own path to aid on Israel. House Republicans 28 00:01:31,480 --> 00:01:35,720 Speaker 3: introducing a fourteen point three billion dollar aid plan. The 29 00:01:35,800 --> 00:01:39,720 Speaker 3: package separates Israel aid from a broader Biden emergency funding 30 00:01:39,800 --> 00:01:44,640 Speaker 3: request that includes Ukraine and Taiwan. Bloomber's Jonathan Tamari says, 31 00:01:44,680 --> 00:01:48,160 Speaker 3: it's interesting question about separating them and whether aid to 32 00:01:48,280 --> 00:01:49,840 Speaker 3: Ukraine now will pass. 33 00:01:50,040 --> 00:01:52,000 Speaker 5: The Republicans the only want to put up bills that 34 00:01:52,040 --> 00:01:54,880 Speaker 5: have a majority of Republican support, and that's where the 35 00:01:54,920 --> 00:01:57,160 Speaker 5: question comes in on Ukraine is that there's been a 36 00:01:57,160 --> 00:02:00,960 Speaker 5: lot of skepticism amongst some segments of Republicans towards Ukraine aid, 37 00:02:01,480 --> 00:02:04,040 Speaker 5: and so that bill would get enough support I think 38 00:02:04,080 --> 00:02:06,040 Speaker 5: from Republicans and Democrats. 39 00:02:06,240 --> 00:02:06,400 Speaker 2: Now. 40 00:02:06,400 --> 00:02:09,000 Speaker 3: The House bill pays for the Israel aid by cutting 41 00:02:09,080 --> 00:02:12,720 Speaker 3: the Biden inflation reduction, calling for a fourteen point three 42 00:02:12,840 --> 00:02:17,200 Speaker 3: billion dollar reduction in funding for the IRS in the US. 43 00:02:17,240 --> 00:02:19,440 Speaker 3: White House says it is getting reports of arise in 44 00:02:19,520 --> 00:02:24,000 Speaker 3: anti Semitic incidents. National Security Spokesman John Kirby says the 45 00:02:24,040 --> 00:02:27,280 Speaker 3: administration has doubled down on its commitment to protect the 46 00:02:27,360 --> 00:02:28,280 Speaker 3: Jewish community. 47 00:02:28,520 --> 00:02:30,640 Speaker 6: It's a deep concern, which is why we as an 48 00:02:30,639 --> 00:02:33,800 Speaker 6: administration are working so closely with state and local authorities 49 00:02:33,840 --> 00:02:36,000 Speaker 6: to make sure we can identify any threats and disrupt 50 00:02:36,040 --> 00:02:36,840 Speaker 6: them before they happen. 51 00:02:37,040 --> 00:02:40,080 Speaker 3: Kirby says there's no place for it in America. Saudi 52 00:02:40,120 --> 00:02:42,640 Speaker 3: forces say they are on high alert after a clash 53 00:02:42,680 --> 00:02:46,040 Speaker 3: with Houthi rebels. Fort Saudi soldiers died in classes in 54 00:02:46,120 --> 00:02:49,440 Speaker 3: the Jaizm province on the border with Yemen. The Huthi's 55 00:02:49,560 --> 00:02:53,320 Speaker 3: also tried to fire a missile over the Kingdom toward Israel. 56 00:02:53,560 --> 00:02:56,519 Speaker 3: And with a settlement between GM and the UAW today, 57 00:02:56,560 --> 00:02:58,840 Speaker 3: all of the Big three are getting ready to go 58 00:02:58,919 --> 00:03:01,360 Speaker 3: back to work full forest and President Joe Biden says 59 00:03:01,360 --> 00:03:04,360 Speaker 3: a majority of victory for both sides. 60 00:03:04,639 --> 00:03:08,920 Speaker 7: These record agreements reward autoworkers who gave up much to 61 00:03:09,040 --> 00:03:12,760 Speaker 7: keep the industry working and going during the financial crisis 62 00:03:12,800 --> 00:03:17,040 Speaker 7: more than a decade ago. These agreements ensure the iconic 63 00:03:17,320 --> 00:03:21,920 Speaker 7: Big Three can still lead the world in quality and innovation. 64 00:03:22,360 --> 00:03:25,000 Speaker 3: Biden says, building the economy from the middle out more 65 00:03:25,000 --> 00:03:27,880 Speaker 3: details on the deal itself coming up very shortly here 66 00:03:27,880 --> 00:03:30,639 Speaker 3: on Bloomberg Global News twenty four hours a day and 67 00:03:30,680 --> 00:03:33,520 Speaker 3: whenever you want it with Bloomberg News Now in San Francisco. 68 00:03:33,560 --> 00:03:36,160 Speaker 3: I'm Ed Baxter in this. He is Bloomberg Brian. 69 00:03:36,640 --> 00:03:38,320 Speaker 2: Thanks very much. Doud Crissner and I will take a 70 00:03:38,360 --> 00:03:40,320 Speaker 2: look at some of the top stories, and Paul Allen 71 00:03:40,400 --> 00:03:42,600 Speaker 2: will be joining us in a few moments on the 72 00:03:42,640 --> 00:03:45,560 Speaker 2: show as well well. General Motors says it has reached 73 00:03:45,560 --> 00:03:49,200 Speaker 2: a tentative agreement with United Auto Workers to end its strike. 74 00:03:49,560 --> 00:03:52,360 Speaker 2: The strike has run six weeks. We hear the deal 75 00:03:52,400 --> 00:03:56,160 Speaker 2: includes twenty five percent hourly pay raise plus cost of 76 00:03:56,200 --> 00:03:59,840 Speaker 2: living allowances over more than four years of the contract. 77 00:04:00,280 --> 00:04:03,000 Speaker 2: We spoke earlier with Bloomberg's David Welch, who says there's 78 00:04:03,040 --> 00:04:04,240 Speaker 2: still more work ahead. 79 00:04:04,600 --> 00:04:07,119 Speaker 8: These contracts do. It should takes some time to kind 80 00:04:07,120 --> 00:04:09,280 Speaker 8: of get ratified and that sort of think, you know, 81 00:04:09,720 --> 00:04:12,680 Speaker 8: and there will be this sort of almost Buzanteine process 82 00:04:12,680 --> 00:04:15,920 Speaker 8: where they go about, you know, trying to get everything ratified. 83 00:04:16,680 --> 00:04:20,360 Speaker 8: And once that process is in place, then the companies 84 00:04:20,400 --> 00:04:22,599 Speaker 8: can kind of start looking at where they're going to 85 00:04:22,680 --> 00:04:26,360 Speaker 8: invest to help the ramp things up. And I think 86 00:04:26,400 --> 00:04:29,400 Speaker 8: that's you know, it's going to be tough for them 87 00:04:29,400 --> 00:04:33,800 Speaker 8: to do just kind of cranking up EV production and 88 00:04:34,160 --> 00:04:36,159 Speaker 8: all this sort of stuff. You know, it just takes 89 00:04:36,200 --> 00:04:38,320 Speaker 8: a little bit of time to turn the ignition on 90 00:04:38,400 --> 00:04:39,160 Speaker 8: these things. 91 00:04:39,680 --> 00:04:43,559 Speaker 2: That's Bloomberg's David Welch. Separately, UAW officials are now urging 92 00:04:43,640 --> 00:04:47,080 Speaker 2: all unions in the US to prepare for strikes on 93 00:04:47,279 --> 00:04:50,479 Speaker 2: May day of twenty twenty eight, that's when the latest 94 00:04:50,520 --> 00:04:54,320 Speaker 2: proposed contracts with the big three automakers are set to expire. 95 00:04:54,640 --> 00:04:57,720 Speaker 1: Trick or treat from Apple, Well, we're about to find out. 96 00:04:57,800 --> 00:05:00,200 Speaker 1: The tech giant is rolling out some new products the 97 00:05:00,240 --> 00:05:03,640 Speaker 1: eve of Halloween. Here's Bloomberg Zed Ludlow in. 98 00:05:03,600 --> 00:05:06,839 Speaker 9: The event dubbed Scary Fast. We're expecting a big focus 99 00:05:06,880 --> 00:05:10,479 Speaker 9: on Mac, a new iMac according to Bloomberg's reporting, and 100 00:05:10,520 --> 00:05:13,359 Speaker 9: an updated version of a high end MacBook Pro. We 101 00:05:13,400 --> 00:05:17,760 Speaker 9: also expect Apple to debut its latest generation Silicon, the 102 00:05:17,920 --> 00:05:22,800 Speaker 9: M three chip, its PC processor. Then move forward to Thursday, 103 00:05:22,839 --> 00:05:26,240 Speaker 9: when we get Apple earnings. The expectation is that overall 104 00:05:26,279 --> 00:05:30,120 Speaker 9: we see a fourth consecutive quarter of sales decline for Apple. 105 00:05:30,400 --> 00:05:33,000 Speaker 1: That is Bloomberg's ed Ludlow. By the way, Apple shares, 106 00:05:33,000 --> 00:05:36,080 Speaker 1: we're up one percent today and that scary fast event 107 00:05:36,160 --> 00:05:39,719 Speaker 1: will kick off at eight pm Wall Street time, and 108 00:05:39,760 --> 00:05:42,680 Speaker 1: of course will be monitoring it for you, Brian Well. 109 00:05:42,720 --> 00:05:46,400 Speaker 2: The US Treasury cut its its net borrowing estimate for 110 00:05:46,520 --> 00:05:48,839 Speaker 2: the current quarter from eight hundred and fifty two to 111 00:05:48,920 --> 00:05:52,160 Speaker 2: seven hundred and seventy six billion dollars. Now, this offers 112 00:05:52,160 --> 00:05:55,680 Speaker 2: some relief to investors who are concerned about the rapidly 113 00:05:55,720 --> 00:05:59,360 Speaker 2: widening fiscal deficit. Treasury officials said, part of the reason 114 00:05:59,440 --> 00:06:03,960 Speaker 2: for this figure is the magnitude of deferred tax receipts 115 00:06:04,000 --> 00:06:07,880 Speaker 2: coming from areas of California and other states. These states 116 00:06:07,880 --> 00:06:12,440 Speaker 2: have been granted extensions due to natural disasters, and we've 117 00:06:12,480 --> 00:06:14,960 Speaker 2: been talking for the past a week or so about 118 00:06:14,960 --> 00:06:18,440 Speaker 2: the refunding announcement on Wednesday. That's when we'll find out 119 00:06:18,480 --> 00:06:21,920 Speaker 2: how this money is spread across the various tenors of 120 00:06:21,960 --> 00:06:23,440 Speaker 2: those bonds being sold. 121 00:06:23,480 --> 00:06:26,839 Speaker 1: Doug Well. President Biden today signed an executive order on 122 00:06:26,960 --> 00:06:31,400 Speaker 1: Artificial intelligence. This will establish standards for both security and 123 00:06:31,480 --> 00:06:35,279 Speaker 1: privacy protections. The order will have obviously brought impacts on 124 00:06:35,360 --> 00:06:40,640 Speaker 1: companies developing AI tools. They will be required to first 125 00:06:40,680 --> 00:06:44,440 Speaker 1: safety test new models before releasing them to the public. 126 00:06:44,839 --> 00:06:46,600 Speaker 1: Here is the President on the order. 127 00:06:46,920 --> 00:06:50,320 Speaker 7: One thing is clear. To realize the promise of AI 128 00:06:50,400 --> 00:06:53,000 Speaker 7: and void the risk, we need to govern this technology 129 00:06:53,560 --> 00:06:56,840 Speaker 7: not and there's no other way around it. In my view, 130 00:06:57,000 --> 00:06:57,919 Speaker 7: it must be governed. 131 00:06:58,000 --> 00:06:59,080 Speaker 1: That is President Biden. 132 00:06:59,080 --> 00:06:59,240 Speaker 4: Now. 133 00:06:59,240 --> 00:07:01,400 Speaker 1: He went on to say that he will meet Tuesday 134 00:07:01,800 --> 00:07:05,839 Speaker 1: with Senamajority Leader Chuck Schumer and lawmakers from both parties 135 00:07:05,880 --> 00:07:09,200 Speaker 1: at the White House. They will discuss AI and passing 136 00:07:09,279 --> 00:07:11,200 Speaker 1: legislation on privacy concerns. 137 00:07:11,320 --> 00:07:14,360 Speaker 2: Ran We saw a pop in the end dollar yen 138 00:07:14,440 --> 00:07:18,600 Speaker 2: here one forty nine to six. At the moment. Policymakers 139 00:07:18,640 --> 00:07:21,400 Speaker 2: at the Bank of Japan are considering letting ten year 140 00:07:21,440 --> 00:07:24,840 Speaker 2: bond yields top the one percent mark. Bloombergs Johan Wong 141 00:07:25,000 --> 00:07:25,520 Speaker 2: has more. 142 00:07:25,840 --> 00:07:28,120 Speaker 10: The Bank of Japan is said to consider a further 143 00:07:28,240 --> 00:07:31,920 Speaker 10: tweaking of its yield curve control policy at its meeting today. 144 00:07:32,040 --> 00:07:34,480 Speaker 10: The Nikai newspaper says the central Bank is likely to 145 00:07:34,520 --> 00:07:38,400 Speaker 10: allow further flexibility in yield movements. The BOJ is likely 146 00:07:38,440 --> 00:07:42,080 Speaker 10: to consider allowing ten year JGB yields to rise above 147 00:07:42,200 --> 00:07:46,200 Speaker 10: one percent by modifying its fixed rate buying operations. The 148 00:07:46,280 --> 00:07:48,520 Speaker 10: move may prevent the bank from having to buy large 149 00:07:48,560 --> 00:07:51,520 Speaker 10: amounts of long term debts. The yen strengthened against the 150 00:07:51,600 --> 00:07:55,040 Speaker 10: dollar after the report. Ten year swap rates also received 151 00:07:55,040 --> 00:07:58,160 Speaker 10: a boost. Upper pressure on yields has been stronger than 152 00:07:58,200 --> 00:08:01,760 Speaker 10: what BOJ Governor Kazuo Oa had expected. In Hong Kong, 153 00:08:01,880 --> 00:08:03,320 Speaker 10: Join Wang Bloomberg Radio. 154 00:08:03,560 --> 00:08:03,720 Speaker 8: Well. 155 00:08:03,800 --> 00:08:07,480 Speaker 1: Later today, we'll get China's official readings on the PMI 156 00:08:07,600 --> 00:08:10,840 Speaker 1: and analyster expecting these data to show a brief lull 157 00:08:10,920 --> 00:08:13,880 Speaker 1: in China's recovery. You'll have to remember the eight day 158 00:08:13,880 --> 00:08:16,080 Speaker 1: holiday at the beginning of the month, yes, and that's 159 00:08:16,240 --> 00:08:20,960 Speaker 1: likely to be behind this anticipated setback. Bloomberg Economics is 160 00:08:20,960 --> 00:08:24,400 Speaker 1: projecting the official manufacturing PMI to slip to a reading 161 00:08:24,400 --> 00:08:26,960 Speaker 1: of forty nine to nine. That would be down from 162 00:08:27,000 --> 00:08:29,760 Speaker 1: fifty point two in September and would be the first 163 00:08:29,840 --> 00:08:32,640 Speaker 1: drop that we have seen since May. At the same time, 164 00:08:32,679 --> 00:08:36,160 Speaker 1: the non manufacturing PMI is expected to ease to a 165 00:08:36,200 --> 00:08:38,600 Speaker 1: reading a fifty one. That would be down from fifty 166 00:08:38,679 --> 00:08:42,280 Speaker 1: one to seven seven. By the way, separately, the private 167 00:08:42,320 --> 00:08:45,440 Speaker 1: Seisheen Manufacturing PMI could move in the other direction, and 168 00:08:45,480 --> 00:08:50,720 Speaker 1: that's because there is a different seasonal adjustment method used 169 00:08:50,800 --> 00:08:51,800 Speaker 1: in that calculation. 170 00:08:52,240 --> 00:08:55,040 Speaker 2: I'm Brian Curtis along with Paul Allen, and this is 171 00:08:55,040 --> 00:08:58,880 Speaker 2: Bloomberg day Break Asia. Our guest is Jody Schneider, political 172 00:08:58,880 --> 00:09:02,160 Speaker 2: news director for Bloomberg Television and Radio. With us to 173 00:09:02,200 --> 00:09:06,560 Speaker 2: look more closely at the Israel Hamas war. Jody, Israel 174 00:09:06,640 --> 00:09:11,480 Speaker 2: is definitely facing more pressure to focus on humanitarian considerations, 175 00:09:11,880 --> 00:09:14,720 Speaker 2: and so that's one thing. Markets have been a little 176 00:09:14,720 --> 00:09:17,360 Speaker 2: bit buoyant here in the past twenty four hours. Yet 177 00:09:17,400 --> 00:09:20,200 Speaker 2: at the same time, as you heard from Ed, Israeli 178 00:09:20,240 --> 00:09:23,480 Speaker 2: forces have raided a city in the West Bank. They've 179 00:09:23,600 --> 00:09:27,160 Speaker 2: exchanged fire with Hesbla across the Lebanese border, and also 180 00:09:27,240 --> 00:09:30,960 Speaker 2: conducted an air strike in Syria. So it seems that 181 00:09:31,160 --> 00:09:36,240 Speaker 2: we have both restraint and escalation, which seems a little oxymoronic, 182 00:09:36,320 --> 00:09:37,160 Speaker 2: but I guess that's war. 183 00:09:38,200 --> 00:09:41,800 Speaker 11: Yeah, I think that's exactly what we're seeing, Brian. We're 184 00:09:41,840 --> 00:09:47,679 Speaker 11: seeing both on the US forces at US and Allied forces, 185 00:09:48,720 --> 00:09:53,440 Speaker 11: telling us that Israel is moving ahead with this next phase, 186 00:09:54,520 --> 00:09:58,960 Speaker 11: and even as the UN warns that this war is 187 00:09:59,000 --> 00:10:04,319 Speaker 11: spreading and this humanitarian crisis, Israel is promising more aid 188 00:10:05,000 --> 00:10:08,240 Speaker 11: even as it steps up those attacks. They're except there. 189 00:10:08,679 --> 00:10:13,319 Speaker 11: Ron Durmer, the Strategic Affairs Minister, told us that the 190 00:10:13,320 --> 00:10:16,280 Speaker 11: aid shipments to Gaza are set to pick up somewhat 191 00:10:16,840 --> 00:10:21,400 Speaker 11: one hundred trucks a day of aid starting tomorrow or Wednesday, which, 192 00:10:21,400 --> 00:10:24,360 Speaker 11: of course, at this stage you know, is still a 193 00:10:24,360 --> 00:10:28,400 Speaker 11: proverbial drop in the bucket, but they said they expect 194 00:10:28,400 --> 00:10:31,560 Speaker 11: that and they expect that to continue. Durmer also said 195 00:10:31,559 --> 00:10:33,680 Speaker 11: that the next several days should see the lowest number 196 00:10:33,679 --> 00:10:37,240 Speaker 11: of civilian casualties of war, which is an interesting statement 197 00:10:37,280 --> 00:10:41,000 Speaker 11: to make, though he acknowledged that unanticipated effects may affect 198 00:10:41,040 --> 00:10:43,520 Speaker 11: the outlook. So this is what Israel has had a 199 00:10:43,600 --> 00:10:47,320 Speaker 11: lot of criticism for is the civilians, the large number 200 00:10:47,320 --> 00:10:50,319 Speaker 11: of civilians that have died as they have gone further 201 00:10:50,400 --> 00:10:54,079 Speaker 11: into Gaza. And this is something that the US has 202 00:10:54,120 --> 00:10:57,680 Speaker 11: also been concerned about and has been urging Israel to, 203 00:10:58,360 --> 00:11:01,160 Speaker 11: you know, think of a different think of different strategies. 204 00:11:01,520 --> 00:11:05,160 Speaker 11: Uh as it goes into Gaza, given the civilian you know, 205 00:11:05,200 --> 00:11:08,559 Speaker 11: and the whole humanitarian crisis that is occurring there. 206 00:11:09,400 --> 00:11:13,600 Speaker 6: We were hearing from Benjaminet earlier and at Baxter's newscast, 207 00:11:13,640 --> 00:11:16,720 Speaker 6: and he's pushing back on suggestions that he resign over 208 00:11:16,760 --> 00:11:21,800 Speaker 6: the security breach that started this whole conflict. How how 209 00:11:21,960 --> 00:11:24,160 Speaker 6: strong is his position right now? Is he likely to 210 00:11:24,160 --> 00:11:25,720 Speaker 6: see out this entire conflict? 211 00:11:26,440 --> 00:11:29,839 Speaker 11: Yeah, hard to know, Paul. But one of the things 212 00:11:29,880 --> 00:11:33,479 Speaker 11: that of course provoked these questions was over the weekend 213 00:11:34,280 --> 00:11:38,280 Speaker 11: the Prime Minister criticized when you know, when when asked, 214 00:11:38,440 --> 00:11:44,640 Speaker 11: was actually criticized the the army. He criticized it for 215 00:11:45,320 --> 00:11:48,200 Speaker 11: some of the the or the armed forces there, for 216 00:11:48,880 --> 00:11:51,640 Speaker 11: some of the intelligence failures, and that that was very 217 00:11:51,720 --> 00:11:54,240 Speaker 11: you know, that went online and very quickly taken down 218 00:11:54,480 --> 00:11:57,720 Speaker 11: and then he apologized. But there's a lot of anger 219 00:11:57,760 --> 00:12:03,600 Speaker 11: in Israel over how this intelligence failure occurred, sort of, 220 00:12:04,679 --> 00:12:07,559 Speaker 11: and a lot of it directed toward him and his government, 221 00:12:07,920 --> 00:12:11,599 Speaker 11: given that he had really been pushing for this judicial 222 00:12:11,640 --> 00:12:16,360 Speaker 11: the so called judicial reform, and had been focusing on 223 00:12:16,400 --> 00:12:19,400 Speaker 11: that rather than military matters. So some found it very 224 00:12:19,440 --> 00:12:22,160 Speaker 11: ironic that he was then pointing the finger at the 225 00:12:22,200 --> 00:12:26,960 Speaker 11: military itself, so when this is what provoked these questions today, 226 00:12:27,200 --> 00:12:29,319 Speaker 11: But he came out and made it very clear he's 227 00:12:29,360 --> 00:12:32,160 Speaker 11: not resigning, making that statement. The only thing I intend 228 00:12:32,240 --> 00:12:34,640 Speaker 11: to have resign as Hamas. So it looks like for 229 00:12:34,679 --> 00:12:37,720 Speaker 11: now he has no intention of doing that. It is 230 00:12:37,800 --> 00:12:40,400 Speaker 11: a war cabinet he is in right now. They're not 231 00:12:40,440 --> 00:12:45,840 Speaker 11: doing anything except military related activities, taking up no other matters. 232 00:12:46,280 --> 00:12:51,000 Speaker 2: Well, he always does defiance very well, Benjamin Natanyahu. From 233 00:12:51,000 --> 00:12:55,280 Speaker 2: the US point of view, US forces have been attacked 234 00:12:55,320 --> 00:12:58,440 Speaker 2: by Iran backed militias, and we had a senior defense 235 00:12:58,480 --> 00:13:02,760 Speaker 2: official saying was twenty three times since October seventeenth, Yet 236 00:13:02,800 --> 00:13:04,960 Speaker 2: most of the attacks failed to hit their targets. So 237 00:13:05,559 --> 00:13:08,079 Speaker 2: is the US approaching this from well, it's terrible that 238 00:13:08,120 --> 00:13:11,240 Speaker 2: we've been attacked so many times, or it's actually good 239 00:13:11,280 --> 00:13:14,320 Speaker 2: because these militias are not very good in getting their 240 00:13:14,360 --> 00:13:16,440 Speaker 2: targets to hit the mart Yeah. 241 00:13:16,480 --> 00:13:18,280 Speaker 11: I think it's a little bit of both. Actually, I mean, 242 00:13:18,280 --> 00:13:21,160 Speaker 11: they're obviously relieved that most of these attacks did fail 243 00:13:21,200 --> 00:13:24,880 Speaker 11: to hit those targets. But the bigger concern is this 244 00:13:25,200 --> 00:13:29,560 Speaker 11: escalation of the Israeljamas war. And as we know, last 245 00:13:29,559 --> 00:13:32,840 Speaker 11: week the US conducted strikes and two facilities in Syria 246 00:13:32,960 --> 00:13:36,640 Speaker 11: that the administration is concerned are used by groups affiliated 247 00:13:36,679 --> 00:13:39,880 Speaker 11: with Iranian forces, And of course we've heard from the 248 00:13:40,080 --> 00:13:44,800 Speaker 11: Syrian side there's concerns, there's concerns about Hesbalah in the north. 249 00:13:45,040 --> 00:13:47,440 Speaker 11: So this is a real worry from the US that 250 00:13:47,520 --> 00:13:49,760 Speaker 11: this could get out of control and out of control 251 00:13:49,800 --> 00:13:50,440 Speaker 11: pretty quickly. 252 00:13:51,520 --> 00:13:55,560 Speaker 6: You mentioned the precision of aid into Gaza or moment ago, 253 00:13:55,800 --> 00:13:58,200 Speaker 6: we've only got about thirty seconds left. But what about 254 00:13:58,200 --> 00:14:01,440 Speaker 6: the opportunities for refugees to get out. That's still not 255 00:14:01,520 --> 00:14:02,960 Speaker 6: really an option, is it not? 256 00:14:03,080 --> 00:14:03,400 Speaker 8: Really? 257 00:14:03,559 --> 00:14:05,640 Speaker 11: This is really, this is a huge problem. This is 258 00:14:05,679 --> 00:14:08,880 Speaker 11: what's leaving the UN another and relief for organizations to 259 00:14:08,920 --> 00:14:12,840 Speaker 11: be very, very concerned because people in Gasa are basically 260 00:14:12,840 --> 00:14:14,240 Speaker 11: stuck there for the time being. 261 00:14:16,200 --> 00:14:19,080 Speaker 2: This is Bloomberg Daybreak Asia, your morning brief on the 262 00:14:19,160 --> 00:14:22,800 Speaker 2: stories making news from Hong Kong to Singapore and Wall Street. 263 00:14:22,920 --> 00:14:26,080 Speaker 1: Look for us on your podcast feed every day on Apple, 264 00:14:26,280 --> 00:14:29,200 Speaker 1: Spotify and anywhere else you get your podcasts. 265 00:14:29,320 --> 00:14:31,960 Speaker 2: You can also listen live each day on Bloomberg eleven 266 00:14:32,000 --> 00:14:34,400 Speaker 2: three to zero in New York, Bloomberg ninety nine to 267 00:14:34,400 --> 00:14:37,600 Speaker 2: one in Washington. Bloomberg one oh six one in Boston 268 00:14:37,920 --> 00:14:40,400 Speaker 2: and Bloomberg nine sixty in San Francisco. 269 00:14:40,720 --> 00:14:43,640 Speaker 1: Our flagship New York station is also available on your 270 00:14:43,680 --> 00:14:48,920 Speaker 1: Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus. 271 00:14:49,040 --> 00:14:52,440 Speaker 2: Listen coast to coast on the Bloomberg Business app, Serrius 272 00:14:52,600 --> 00:14:56,840 Speaker 2: XM Channel one nineteen, the iHeartRadio app, and on Bloomberg 273 00:14:56,920 --> 00:14:57,800 Speaker 2: dot Com. 274 00:14:57,880 --> 00:15:01,080 Speaker 1: I'm Ryan Curtis and I'm deuk Prisoner. Join us again 275 00:15:01,120 --> 00:15:03,160 Speaker 1: tomorrow for all the news you need to start your 276 00:15:03,240 --> 00:15:07,080 Speaker 1: day right here on Bloomberg Daybreak Asia