1 00:00:02,520 --> 00:00:10,880 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. Good morning, I'm Nathan 2 00:00:10,880 --> 00:00:13,840 Speaker 1: Hager and I'm Karen Moscow. Here are the stories we're 3 00:00:13,880 --> 00:00:14,680 Speaker 1: following today. 4 00:00:14,880 --> 00:00:16,919 Speaker 2: Karen, we begin with a developing story in the Gulf 5 00:00:17,000 --> 00:00:20,439 Speaker 2: of Mexico, Hurricane Milton. It is set to approach the 6 00:00:20,480 --> 00:00:23,520 Speaker 2: Florida Peninsula tomorrow, with wedds of up to one hundred 7 00:00:23,560 --> 00:00:26,599 Speaker 2: and fifty five miles per hour bearing down on a 8 00:00:26,640 --> 00:00:29,680 Speaker 2: region that is still struggling to recover from the devastation 9 00:00:29,720 --> 00:00:33,080 Speaker 2: wrought by Hurricane Helene. We get more on this category 10 00:00:33,120 --> 00:00:35,760 Speaker 2: four storm from Bloomberg meteorologists Drob Carolyn. 11 00:00:36,080 --> 00:00:39,280 Speaker 3: Milton is passing just north of the Yucatan Peninsula this morning. 12 00:00:39,280 --> 00:00:41,760 Speaker 3: It's about five hundred and eighty miles to the southwest 13 00:00:41,800 --> 00:00:44,479 Speaker 3: of Tampa, moving east at nine miles an hour. It 14 00:00:44,560 --> 00:00:47,000 Speaker 3: did weaken a little bit overnight. That's because we've seen 15 00:00:47,000 --> 00:00:50,120 Speaker 3: an eyewall replacement cycle. Looks like the hurricane is in 16 00:00:50,159 --> 00:00:52,360 Speaker 3: the process of growing a little bit larger. It's a 17 00:00:52,440 --> 00:00:55,040 Speaker 3: very small system, but it will be getting larger by 18 00:00:55,080 --> 00:00:57,560 Speaker 3: the time it reaches the west coast of Florida Wednesday night. 19 00:00:57,880 --> 00:00:59,920 Speaker 3: We do think some weakening will occur due to win 20 00:01:00,160 --> 00:01:02,400 Speaker 3: sheer and in training dry air during the day on 21 00:01:02,440 --> 00:01:05,000 Speaker 3: Wednesday as it moves into the eastern Gulf of Mexico. 22 00:01:05,480 --> 00:01:08,560 Speaker 3: I'm Rob Carrollvin Bloomberg Radio. Okay, Rob, thank you. 23 00:01:08,560 --> 00:01:11,360 Speaker 2: Now, it isn't clear exactly where in Florida Milton will 24 00:01:11,400 --> 00:01:14,840 Speaker 2: make landfall. The computer forecast models are at odds, but 25 00:01:14,880 --> 00:01:17,200 Speaker 2: the National Hurricane Center says errors of as much of 26 00:01:17,240 --> 00:01:20,120 Speaker 2: as one hundred miles are possible in the days before 27 00:01:20,160 --> 00:01:21,440 Speaker 2: a storm comes Ashore. 28 00:01:21,840 --> 00:01:23,920 Speaker 4: Well, Nathan, we want to turn now to the Middle East. 29 00:01:23,920 --> 00:01:27,000 Speaker 4: In Israel's multi front conflict with I run Back militias 30 00:01:27,040 --> 00:01:29,399 Speaker 4: is now entering its second year with little end in 31 00:01:29,480 --> 00:01:33,160 Speaker 4: the site. Israel continues to target Beerroot's southernes suburbs, and 32 00:01:33,200 --> 00:01:36,600 Speaker 4: the military is telling people along Lebanon's coast to evacuate 33 00:01:36,959 --> 00:01:40,320 Speaker 4: as Israel continues to go after Hesbelah begin more from 34 00:01:40,360 --> 00:01:43,480 Speaker 4: Stuart Livingstone Wallace, head of Middle East and North Africa 35 00:01:43,560 --> 00:01:45,000 Speaker 4: coverage for Bloomberg News. 36 00:01:45,520 --> 00:01:48,480 Speaker 5: It feels like an expansion of the existing campaign. So, yes, 37 00:01:48,520 --> 00:01:51,440 Speaker 5: it's continuation, but you just think about the situation on 38 00:01:51,480 --> 00:01:54,880 Speaker 5: the ground. Yes, most of the strikes have gone into 39 00:01:55,120 --> 00:01:57,480 Speaker 5: southern Bay. Ruth has well the stronghold the Bekhal Valley. 40 00:01:58,440 --> 00:02:01,560 Speaker 5: We obviously did see that bomba of the link between 41 00:02:01,960 --> 00:02:04,960 Speaker 5: Lebanon and Syria, and that is concerning given the number 42 00:02:04,960 --> 00:02:06,960 Speaker 5: of people that are trying to get out of the country, 43 00:02:07,600 --> 00:02:09,760 Speaker 5: and now if you have some sort of naval operation 44 00:02:09,919 --> 00:02:12,760 Speaker 5: going on to the west. But again, it just sort 45 00:02:12,800 --> 00:02:15,359 Speaker 5: of speaks to almost this encirclement that's going on. 46 00:02:15,720 --> 00:02:19,600 Speaker 4: And Bloomberg Stewart Livingstone Wallace reports Israel's defense minister, you 47 00:02:19,680 --> 00:02:22,440 Speaker 4: have Golaud, will be in Washington tomorrow as the country 48 00:02:22,440 --> 00:02:25,160 Speaker 4: continues to weigh its response to a rounds ballistic missile 49 00:02:25,160 --> 00:02:28,520 Speaker 4: attack last week. President Biden has ursed Israel not to 50 00:02:28,600 --> 00:02:32,080 Speaker 4: target arounds, nuclear or oil infrastructure out of concern it 51 00:02:32,120 --> 00:02:35,240 Speaker 4: could spark a wider war and push up energy prices. 52 00:02:35,360 --> 00:02:38,360 Speaker 2: Well, Karen, both presidential candidates marked one year since the 53 00:02:38,440 --> 00:02:42,519 Speaker 2: deadliest attack on Jews since the Holocaust. Donald Trump held 54 00:02:42,520 --> 00:02:45,240 Speaker 2: a remembrance event at his Durral golf resort in Miami. 55 00:02:45,600 --> 00:02:49,639 Speaker 6: The anti Jewish hatred has returned even here in America 56 00:02:49,680 --> 00:02:53,360 Speaker 6: and our streets, our media, and our college campuses, and 57 00:02:53,400 --> 00:02:57,320 Speaker 6: within the ranks of the Democrat Party in particular, not 58 00:02:57,480 --> 00:03:00,160 Speaker 6: in the Republican Party I will tell you that it's 59 00:03:00,160 --> 00:03:01,639 Speaker 6: not in the Republican Party. 60 00:03:02,560 --> 00:03:05,240 Speaker 2: The former president also said the election would not only 61 00:03:05,280 --> 00:03:06,959 Speaker 2: be the most important day in the history of the 62 00:03:07,040 --> 00:03:11,160 Speaker 2: United States, but also in Israel. Earlier, Vice President Kamala 63 00:03:11,200 --> 00:03:13,920 Speaker 2: Harris planted a pomegranate tree in memory of the victims 64 00:03:13,919 --> 00:03:16,600 Speaker 2: at her official residence in Washington. She said the world 65 00:03:16,720 --> 00:03:19,760 Speaker 2: must never forget October seventh and Nathan. 66 00:03:19,800 --> 00:03:22,160 Speaker 4: The relationship between the US and Israel was a key 67 00:03:22,200 --> 00:03:26,160 Speaker 4: discussion point in Vice President Kamala Harris's interview with CBS's 68 00:03:26,200 --> 00:03:29,560 Speaker 4: Bill Whittaker on sixty Minutes. Harris was asked whether Prime 69 00:03:29,600 --> 00:03:32,880 Speaker 4: Minister Benjamin Ettanya, who remains a close ally of the US, 70 00:03:33,280 --> 00:03:33,600 Speaker 4: with all. 71 00:03:33,600 --> 00:03:36,400 Speaker 7: Due respect, the better question is do we have an 72 00:03:36,400 --> 00:03:40,520 Speaker 7: important alliance between the American people and the Israeli people? 73 00:03:40,680 --> 00:03:43,119 Speaker 8: And the answer to that question is yes. 74 00:03:43,120 --> 00:03:47,000 Speaker 4: Vice President Harris, as the administration continues negotiations with Israel 75 00:03:47,040 --> 00:03:50,080 Speaker 4: with the aim of ending the war and bringing hostages home. 76 00:03:50,360 --> 00:03:53,640 Speaker 2: And the geopolitical discussion on sixty Minutes also focused on 77 00:03:53,680 --> 00:03:56,320 Speaker 2: the war in Ukraine. Karen Kamala Harris found Kiev's leaders 78 00:03:56,360 --> 00:03:59,960 Speaker 2: would be part of any US negotiation with Russian President 79 00:04:00,080 --> 00:04:01,880 Speaker 2: Vladimir Putin who end that conflict. 80 00:04:02,040 --> 00:04:05,080 Speaker 7: There will be no success in ending that war without 81 00:04:05,280 --> 00:04:09,440 Speaker 7: Ukraine and the UN Charter participating in what that success 82 00:04:09,520 --> 00:04:09,960 Speaker 7: looks like. 83 00:04:10,080 --> 00:04:14,200 Speaker 9: Would you meet with President Vladimir Putin to negotiate a 84 00:04:14,200 --> 00:04:16,839 Speaker 9: solution to the war in Ukraine. 85 00:04:16,440 --> 00:04:22,719 Speaker 7: Not bilaterally without Ukraine. No, Ukraine must have a say 86 00:04:22,800 --> 00:04:24,240 Speaker 7: in the future of Ukraine. 87 00:04:24,560 --> 00:04:27,040 Speaker 2: Kamala Harris declined to say if she would support Ukraine's 88 00:04:27,040 --> 00:04:30,680 Speaker 2: push to join NATO if elected. Ukrainian President Vladimir Zelenski 89 00:04:30,720 --> 00:04:33,760 Speaker 2: has sought to secure a US invitation to join NATO, 90 00:04:34,000 --> 00:04:36,840 Speaker 2: thinking it would provide leverage to negotiate an end to 91 00:04:36,920 --> 00:04:37,760 Speaker 2: the fighting. 92 00:04:37,880 --> 00:04:41,560 Speaker 4: And Nathan the Vice President, also discussed her economic proposals 93 00:04:41,600 --> 00:04:44,600 Speaker 4: on Sixty Minutes. Harris said she would expand text credits 94 00:04:44,640 --> 00:04:47,200 Speaker 4: for parents and first time home buyers, and she talked 95 00:04:47,200 --> 00:04:48,720 Speaker 4: about how she'd pay for it. 96 00:04:49,160 --> 00:04:51,760 Speaker 7: I'm going to make sure that the richest among us 97 00:04:51,960 --> 00:04:55,800 Speaker 7: who can afford it, pay their fair share in taxes. 98 00:04:57,120 --> 00:05:01,680 Speaker 7: Right that teachers and nurses and firefighters are paying a 99 00:05:02,040 --> 00:05:05,760 Speaker 7: higher tax rate than billionaires and the biggest corporations. 100 00:05:06,320 --> 00:05:10,080 Speaker 4: Vice President Harris insisted, even with opposition, she get her 101 00:05:10,120 --> 00:05:13,839 Speaker 4: proposals through Congress. In addition to the economy, Harris discussed 102 00:05:13,839 --> 00:05:17,200 Speaker 4: the southern border, calling on Congress to act in pass legislation. 103 00:05:17,560 --> 00:05:20,800 Speaker 4: When asked whether the Body and administration's border strategy has 104 00:05:20,839 --> 00:05:24,359 Speaker 4: been strict enough, she called the issue a long standing problem. 105 00:05:24,480 --> 00:05:27,080 Speaker 2: All right, Karen, Let's turn to markets now. Starting in Asia, 106 00:05:27,160 --> 00:05:30,320 Speaker 2: and after surging almost eleven percent in the opening minutes 107 00:05:30,360 --> 00:05:33,400 Speaker 2: of trading, stocks in China ended the session higher by 108 00:05:33,400 --> 00:05:36,720 Speaker 2: almost six percent. China says it is confident it will 109 00:05:36,720 --> 00:05:40,120 Speaker 2: reach its economic targets this year, but policymakers held back 110 00:05:40,160 --> 00:05:43,839 Speaker 2: on any further stimulus. Bloomberg Daybreak Asia anchor Brian Curtis 111 00:05:43,839 --> 00:05:44,800 Speaker 2: has more from Hong Kong. 112 00:05:45,040 --> 00:05:48,320 Speaker 10: China's top economic planner of the National Development and Reform 113 00:05:48,320 --> 00:05:51,800 Speaker 10: Commission said it would speed up spending otherwise, though the 114 00:05:51,800 --> 00:05:55,880 Speaker 10: agency mainly repeated older plans to boost investment and support 115 00:05:55,960 --> 00:05:59,720 Speaker 10: low income groups and new graduates. China will issue ultra 116 00:05:59,800 --> 00:06:04,039 Speaker 10: law sovereign bonds next year to support major projects, and 117 00:06:04,120 --> 00:06:06,800 Speaker 10: you will bring forward to this year a fourteen billion 118 00:06:06,800 --> 00:06:11,200 Speaker 10: dollar investment plan originally scheduled for next year. Investors, though, 119 00:06:11,279 --> 00:06:15,080 Speaker 10: appear disappointed, as stocks traded off the best levels in 120 00:06:15,160 --> 00:06:17,080 Speaker 10: Hong Kong. Brian Curtis, Bloomberg Radio. 121 00:06:17,279 --> 00:06:19,279 Speaker 4: All right, Brian, thank you. Back here in the US, 122 00:06:19,400 --> 00:06:22,240 Speaker 4: futures are hire this morning after a sell off to 123 00:06:22,360 --> 00:06:25,440 Speaker 4: start the week. All three major indexes dropped about one 124 00:06:25,520 --> 00:06:29,039 Speaker 4: percent yesterday, tech stocks leading the declines. Still, Brian Lovitt, 125 00:06:29,080 --> 00:06:32,160 Speaker 4: Global market strategists at Investo, thanks, stocks are at an 126 00:06:32,200 --> 00:06:33,240 Speaker 4: attractive level. 127 00:06:33,640 --> 00:06:36,880 Speaker 11: I view this as a buy opportunity. You know, it's 128 00:06:36,920 --> 00:06:38,960 Speaker 11: a market again that I believe is going to do 129 00:06:39,040 --> 00:06:42,279 Speaker 11: well over the next few years. Don't fight the said, 130 00:06:42,839 --> 00:06:44,200 Speaker 11: I think that still applies. 131 00:06:44,560 --> 00:06:44,720 Speaker 12: Now. 132 00:06:44,760 --> 00:06:48,240 Speaker 11: The market is taking out one of the rate cuts 133 00:06:48,320 --> 00:06:50,880 Speaker 11: right now, and that's okay, that's a short term move. 134 00:06:51,200 --> 00:06:53,599 Speaker 11: But over the next few years, I think don't fight 135 00:06:53,640 --> 00:06:54,799 Speaker 11: the fed certainly applies. 136 00:06:55,120 --> 00:06:58,400 Speaker 4: That's Investco Global market strategist Brian Levitt, who still favors 137 00:06:58,400 --> 00:07:01,479 Speaker 4: stocks over bonds going forward. And we are watching earning 138 00:07:01,520 --> 00:07:04,480 Speaker 4: scross the Bloomberg. Pepsigo trimming its growth outlook for the 139 00:07:04,600 --> 00:07:08,240 Speaker 4: year as volumes of soft drinks and snacks continue to slip. 140 00:07:08,440 --> 00:07:11,040 Speaker 4: Full Your organic revenue now expected to grow by a 141 00:07:11,120 --> 00:07:14,880 Speaker 4: low single digit percentage, down from Pepsigo's previous target of 142 00:07:15,000 --> 00:07:15,640 Speaker 4: four percent. 143 00:07:15,800 --> 00:07:18,560 Speaker 2: We're also keeping an ear out on FED speak this morning, Karen. 144 00:07:18,560 --> 00:07:20,920 Speaker 2: There's been plenty of that today. At a European Central 145 00:07:20,920 --> 00:07:24,680 Speaker 2: Bank conference in Frankfurt, FED Governor Adriana Kouegler called for 146 00:07:24,720 --> 00:07:27,280 Speaker 2: a balanced approach to future rate cuts, saying the FED 147 00:07:27,320 --> 00:07:30,200 Speaker 2: should keep its focus on bringing inflation back to the 148 00:07:30,200 --> 00:07:34,200 Speaker 2: two percent target. Saint Louis FED President Alberto Mussalam says 149 00:07:34,240 --> 00:07:37,200 Speaker 2: he supported last month's decision to lower interest rates by 150 00:07:37,280 --> 00:07:40,480 Speaker 2: half point, but he emphasized he would prefer further reductions 151 00:07:40,560 --> 00:07:41,280 Speaker 2: to be gradual. 152 00:07:44,360 --> 00:07:45,640 Speaker 4: Honest time now if for a look at some of 153 00:07:45,680 --> 00:07:47,720 Speaker 4: the other stories making news in New York and around 154 00:07:47,760 --> 00:07:50,320 Speaker 4: the world, and for that we're joined by Bloomberg's Michael Barr. 155 00:07:50,360 --> 00:07:52,119 Speaker 8: Michael, good morning, Good morning, Karen. 156 00:07:52,160 --> 00:07:54,800 Speaker 12: The Supreme Court is hearing a challenge to a Biden 157 00:07:54,840 --> 00:07:59,080 Speaker 12: administration and regulation on ghost guns, the difficult to trace 158 00:07:59,120 --> 00:08:04,040 Speaker 12: weapons than x potentially increased link to crime in recent years. 159 00:08:04,440 --> 00:08:07,760 Speaker 12: Today's case is centered on gun kits that are sold 160 00:08:07,800 --> 00:08:11,000 Speaker 12: online and can be assembled into a functioning weapon in 161 00:08:11,080 --> 00:08:16,360 Speaker 12: less than thirty minutes. The Biden Administration's regulation requires background checks, 162 00:08:16,640 --> 00:08:21,800 Speaker 12: age verification, and serial numbers. Manufacturers and gun rights groups 163 00:08:21,880 --> 00:08:26,400 Speaker 12: challenge the rule, arguing the administration overstepped its authority. The 164 00:08:26,520 --> 00:08:30,360 Speaker 12: National Transportation Safety Board is investigating the deadly Monday morning 165 00:08:30,400 --> 00:08:36,360 Speaker 12: crash of METVAC helicopter in Owen County, Kentucky. Three people 166 00:08:36,360 --> 00:08:40,800 Speaker 12: were killed when the air VAK Life Team helicopter went 167 00:08:40,920 --> 00:08:43,320 Speaker 12: down in a wooded area behind a restaurant as it 168 00:08:43,360 --> 00:08:46,040 Speaker 12: flew to pick up a patient. This man lives near 169 00:08:46,080 --> 00:08:48,240 Speaker 12: the site and says he heard the helicopter go down. 170 00:08:48,600 --> 00:08:50,600 Speaker 9: I know there's going to be a lot of moments 171 00:08:50,640 --> 00:08:54,400 Speaker 9: with the family, and I knows tree as a family 172 00:08:54,640 --> 00:08:55,000 Speaker 9: that this. 173 00:08:55,360 --> 00:08:59,440 Speaker 5: Parrow the community for the local area, you know, I mean. 174 00:09:00,160 --> 00:09:01,360 Speaker 8: I will be praying for y'all. 175 00:09:02,000 --> 00:09:05,160 Speaker 12: The company, in a statement, says our primary focus now 176 00:09:05,320 --> 00:09:08,440 Speaker 12: is on supporting the families who were impacted, as well 177 00:09:08,480 --> 00:09:11,880 Speaker 12: as our team members. President Joe Biden will announce a 178 00:09:11,920 --> 00:09:15,200 Speaker 12: plan to replace all lead pipes in the country over 179 00:09:15,240 --> 00:09:17,920 Speaker 12: the next ten years during a visit to the election 180 00:09:18,040 --> 00:09:22,440 Speaker 12: battleground state of Wisconsin today. Biden and Milwaukee will pledge 181 00:09:22,440 --> 00:09:25,760 Speaker 12: an additional two point six billion dollars from the Environmental 182 00:09:25,800 --> 00:09:29,560 Speaker 12: Protection Agency to improve drinking water. As part of the plan, 183 00:09:29,679 --> 00:09:32,960 Speaker 12: forty nine percent of the funding will go to disadvantage 184 00:09:32,960 --> 00:09:38,000 Speaker 12: communities as grants or principal loan forgiveness. Finally, big news 185 00:09:38,000 --> 00:09:41,079 Speaker 12: for lottery players. Changers are coming to the Mega Million's 186 00:09:41,160 --> 00:09:45,360 Speaker 12: game in April. Lottery official Joshua Johnston says that the 187 00:09:45,400 --> 00:09:49,240 Speaker 12: cost of tickets is increasing, but players will benefit from 188 00:09:49,280 --> 00:09:53,240 Speaker 12: improved odds with a built in multiplier on every play. 189 00:09:53,400 --> 00:10:02,319 Speaker 5: Bigger jackpots, better odds, faster jackpots, and more billionaires and millionaires. 190 00:10:02,800 --> 00:10:06,720 Speaker 12: The new Mega Million's tickets will cost five dollars per play. 191 00:10:07,160 --> 00:10:09,600 Speaker 12: Global news twenty four hours a day and whenever you 192 00:10:09,640 --> 00:10:12,080 Speaker 12: want it with Bloomberg News Now. I'm Michael Barr. 193 00:10:12,120 --> 00:10:14,720 Speaker 4: This is Bloomberg, Karen, and is a price higer, right, 194 00:10:14,760 --> 00:10:22,400 Speaker 4: Michael Barr, thank you time now for the Bloomberg Sports Update, 195 00:10:22,440 --> 00:10:26,360 Speaker 4: brought to you by try Stage Audi. Here's John stash Hour, John, 196 00:10:26,400 --> 00:10:27,199 Speaker 4: good morning. 197 00:10:26,960 --> 00:10:29,240 Speaker 13: Good morning, Karen. The Yankees were able to win the 198 00:10:29,280 --> 00:10:32,559 Speaker 13: series opener because every time the Royals scored, the Yanks 199 00:10:32,600 --> 00:10:35,040 Speaker 13: would respond. Couldn't do it Game two at the Stadium, 200 00:10:35,080 --> 00:10:38,160 Speaker 13: not after Kansas City scored four runs in the fourth 201 00:10:38,160 --> 00:10:40,600 Speaker 13: inning off Carlos Rodin, who had cruised to the first 202 00:10:40,640 --> 00:10:42,400 Speaker 13: three and in sal Perez began the fourth of the 203 00:10:42,400 --> 00:10:45,080 Speaker 13: home run Royals weren't done there. Yanks didn't score again 204 00:10:45,160 --> 00:10:47,400 Speaker 13: until a Jazz Chisholm homer in the bottom of the 205 00:10:47,480 --> 00:10:49,600 Speaker 13: ninth Royals one four to two. The series time at one, 206 00:10:49,640 --> 00:10:53,120 Speaker 13: resuming tomorrow and case all season, Yanks have been better 207 00:10:53,160 --> 00:10:55,439 Speaker 13: on the road. That gives Aaron Boone confidence. 208 00:10:55,760 --> 00:10:58,680 Speaker 9: I think that's been a hallmark of our success, you know, 209 00:10:58,760 --> 00:11:02,000 Speaker 9: especially after some difficult ones where you know it's just 210 00:11:02,480 --> 00:11:05,160 Speaker 9: we've had a win or lost something late, or just 211 00:11:05,240 --> 00:11:08,160 Speaker 9: a tough gut punch. You know, these guys are you know, 212 00:11:08,200 --> 00:11:13,160 Speaker 9: these guys are really confident and understandably so. And we'll 213 00:11:13,160 --> 00:11:14,439 Speaker 9: be ready to go in Game three. 214 00:11:14,320 --> 00:11:17,079 Speaker 13: Food tomorrow, starting Clark Schmid. He got the nod ahead 215 00:11:17,080 --> 00:11:19,920 Speaker 13: of Luis Heel. All four Division series are tied at one. 216 00:11:20,360 --> 00:11:22,640 Speaker 13: Tigers and Guardians in Cleveland went to the ninth that 217 00:11:22,720 --> 00:11:26,280 Speaker 13: he's still scoreless. Detroit's Kerry Carpenter two out three, one 218 00:11:26,320 --> 00:11:29,839 Speaker 13: homer off Cleveland closer Emmanuel Cossa, who's been almost unhittable 219 00:11:29,840 --> 00:11:31,599 Speaker 13: this season. The Tigers won three to nothing Mets in 220 00:11:31,600 --> 00:11:34,600 Speaker 13: Phillies Game three tonight Cityfield, the mets first home games 221 00:11:34,600 --> 00:11:38,520 Speaker 13: since September twenty second. They'll have Sean Minaya on the mound. 222 00:11:38,559 --> 00:11:41,160 Speaker 13: Good night for Kansas City. Not only did the Royals win, 223 00:11:41,559 --> 00:11:44,079 Speaker 13: the Chiefs beat the Saints twenty six to thirteen to 224 00:11:44,080 --> 00:11:47,000 Speaker 13: stay undefeated. Patrick Mahomes three for three hundred and thirty 225 00:11:47,040 --> 00:11:49,800 Speaker 13: one yards, Harrison Butker four field goals. New Orleans QB 226 00:11:49,960 --> 00:11:52,240 Speaker 13: Derek Carr left the game in the fourth corn with 227 00:11:52,280 --> 00:11:54,080 Speaker 13: a hip injury. The Saints started off two and oh. 228 00:11:54,080 --> 00:11:57,200 Speaker 13: They've lost their last three. Next Monday, it's at MetLife 229 00:11:57,280 --> 00:11:59,640 Speaker 13: Jets and Bills and Jets coach Robert Sallis as Aaron 230 00:11:59,720 --> 00:12:00,760 Speaker 13: Rodgers'll be good to go. 231 00:12:01,080 --> 00:12:01,480 Speaker 8: It's wite. 232 00:12:01,520 --> 00:12:02,679 Speaker 13: The ankul injuries suffered. 233 00:12:02,720 --> 00:12:03,120 Speaker 8: Sunday. 234 00:12:03,160 --> 00:12:06,760 Speaker 13: Patriots safety Jabriel Peppers, team captain, just signed a new 235 00:12:06,760 --> 00:12:11,040 Speaker 13: three year contract. Arrested charge with assault, battery, drug possession, 236 00:12:11,040 --> 00:12:14,960 Speaker 13: and strangulation after the legendident with his girlfriend, Peppers pleaded 237 00:12:15,040 --> 00:12:18,199 Speaker 13: not guilty. John Stashet were Bloomberg Sports Kenny. 238 00:12:17,880 --> 00:12:24,560 Speaker 14: Ethan Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 239 00:12:24,640 --> 00:12:27,520 Speaker 14: and around the world on Bloomberg dot Com and the 240 00:12:27,600 --> 00:12:30,920 Speaker 14: Bloomberg Business app. This is Bloomberg Daybreak. 241 00:12:31,000 --> 00:12:31,439 Speaker 11: Good morning. 242 00:12:31,440 --> 00:12:33,640 Speaker 2: I'm Nathan Hager. The conflict in the Middle East is 243 00:12:33,679 --> 00:12:35,840 Speaker 2: now headed into its second year, with the region edging 244 00:12:35,960 --> 00:12:38,960 Speaker 2: closer to all out war. Israel continues to take fire 245 00:12:39,000 --> 00:12:42,280 Speaker 2: from Hamas and Hesbelah, and still is weighing its response 246 00:12:42,360 --> 00:12:45,160 Speaker 2: to a Ron's ballistic missile attack last week. For the 247 00:12:45,240 --> 00:12:48,240 Speaker 2: very latest, we are joined now by Rosalind Mathieson, Bloomberg's 248 00:12:48,240 --> 00:12:51,160 Speaker 2: news director for Europe, the Middle East and Africa. Roz, 249 00:12:51,200 --> 00:12:53,480 Speaker 2: good morning. Can you catch us up on what's been 250 00:12:53,520 --> 00:12:56,200 Speaker 2: happening in the last twenty four hours. You understand Israel 251 00:12:56,240 --> 00:12:58,480 Speaker 2: has continued to go after Hesbula this morning. 252 00:12:59,120 --> 00:12:59,679 Speaker 8: Well, that's right. 253 00:13:00,000 --> 00:13:02,160 Speaker 15: What we're seeing in the most recent couple of hours 254 00:13:02,240 --> 00:13:05,000 Speaker 15: is that what is that in Lebanon, We're coming to 255 00:13:05,120 --> 00:13:08,920 Speaker 15: a much more broader front in the conflict than we've 256 00:13:08,960 --> 00:13:12,440 Speaker 15: seen previously. I mean, Israel has said that its incursion 257 00:13:12,640 --> 00:13:15,920 Speaker 15: into Lebanon is going to be targeted and limited. But 258 00:13:16,040 --> 00:13:19,160 Speaker 15: now they're bringing in a fourth division. This is a 259 00:13:19,200 --> 00:13:22,360 Speaker 15: reservist division. It brings it to four and they're moving 260 00:13:22,480 --> 00:13:25,840 Speaker 15: ever into the southwestern part of Lebanon. So you're getting 261 00:13:25,880 --> 00:13:30,880 Speaker 15: a really elongated front in this conflict inside Lebanon. At 262 00:13:30,880 --> 00:13:35,040 Speaker 15: this point, and you talk of the Israeli navy being involved, 263 00:13:35,080 --> 00:13:37,880 Speaker 15: and that's sort of the coastal areas of Lebanon, and 264 00:13:37,920 --> 00:13:42,640 Speaker 15: the whole idea is to prevent Hesbela from essentially replenishing 265 00:13:43,040 --> 00:13:45,800 Speaker 15: its weapons in the area and to stop them being 266 00:13:45,800 --> 00:13:49,760 Speaker 15: able to bring them in through either sea or land. Equally, 267 00:13:49,800 --> 00:13:53,720 Speaker 15: what that's doing is preventing people from leaving the area. 268 00:13:53,840 --> 00:13:56,720 Speaker 15: Some of the exits that they've got into Syrian whatnot 269 00:13:56,760 --> 00:14:01,080 Speaker 15: are seemingly cut off at this point. The question is, 270 00:14:01,120 --> 00:14:04,040 Speaker 15: you know, how much target and limited is this encursion 271 00:14:04,120 --> 00:14:06,840 Speaker 15: going to end up being. Is Israel going to be 272 00:14:06,960 --> 00:14:10,719 Speaker 15: drawn into a proper, true second front in this conflict, 273 00:14:10,800 --> 00:14:13,080 Speaker 15: you know, something they've made clear they wanted to avoid. 274 00:14:13,559 --> 00:14:14,880 Speaker 8: But equally it's clear. 275 00:14:14,960 --> 00:14:18,000 Speaker 15: Is this warrant in Gaza, as you mentioned, enters its 276 00:14:18,040 --> 00:14:20,320 Speaker 15: second year. There's a long way to go really for 277 00:14:20,440 --> 00:14:24,680 Speaker 15: Israel to completely degrade either Hamas or Hezbala, these two 278 00:14:25,240 --> 00:14:28,560 Speaker 15: key Iranian proxies in the region. We've seen it pick 279 00:14:28,680 --> 00:14:32,200 Speaker 15: up again in the fighting in Gaza just yesterday and 280 00:14:32,240 --> 00:14:35,040 Speaker 15: the day before, and it's clear that Hamas still has 281 00:14:35,080 --> 00:14:38,280 Speaker 15: some capability. So the question is how much longer is 282 00:14:38,320 --> 00:14:40,280 Speaker 15: this going to take for Israel to reach what it 283 00:14:40,360 --> 00:14:43,960 Speaker 15: sees as its goals in this conflict, and can it 284 00:14:44,000 --> 00:14:47,320 Speaker 15: actually achieve those goals truly of being able to fully 285 00:14:47,320 --> 00:14:48,520 Speaker 15: degrade these outfits? 286 00:14:48,680 --> 00:14:51,280 Speaker 2: Well raises the question, doesn't it rizull what the goals 287 00:14:51,320 --> 00:14:53,920 Speaker 2: are up to this point, Israel has said once to 288 00:14:53,960 --> 00:14:56,840 Speaker 2: get northern Israeli's back home. But if there's more of 289 00:14:56,880 --> 00:15:01,200 Speaker 2: a focus now on Lebanon on Hesbol, where does that 290 00:15:01,320 --> 00:15:04,360 Speaker 2: leave the fight against Hamas and the effort to bring 291 00:15:04,480 --> 00:15:05,840 Speaker 2: hostages home from Gayzer. 292 00:15:06,600 --> 00:15:08,960 Speaker 15: Well, that's right, there's just so many aspects to this 293 00:15:09,080 --> 00:15:13,160 Speaker 15: conflict at the moment, including in Gaza. We've seen Israel 294 00:15:13,200 --> 00:15:16,160 Speaker 15: operating again in the northern areas of Gaza in the 295 00:15:16,240 --> 00:15:20,800 Speaker 15: last few days, some strikes also in central areas. They 296 00:15:20,840 --> 00:15:23,040 Speaker 15: say that, you know, places that are being used for 297 00:15:23,120 --> 00:15:26,960 Speaker 15: shelter by people in Gaza are also you know, staging 298 00:15:27,000 --> 00:15:30,360 Speaker 15: pos for Hamas. That conflict that question again of you know, 299 00:15:30,400 --> 00:15:36,200 Speaker 15: Hamas ostensibly using civilian areas to build their strongholds. 300 00:15:36,240 --> 00:15:38,160 Speaker 8: And so even though. 301 00:15:37,960 --> 00:15:40,480 Speaker 15: They say they've just they've killed a lot of the 302 00:15:40,520 --> 00:15:44,520 Speaker 15: Hamas fighters in the past year, you know, tens of thousands, 303 00:15:45,000 --> 00:15:48,040 Speaker 15: is claim many more remain And the question also is 304 00:15:48,120 --> 00:15:51,920 Speaker 15: as this conflict goes on, you know, do a bit 305 00:15:51,960 --> 00:15:54,640 Speaker 15: like a many haggrid hydra. Even though you lop off 306 00:15:55,040 --> 00:15:58,680 Speaker 15: the head of some parts of the organization bit hesbula 307 00:15:59,160 --> 00:16:02,080 Speaker 15: or hamas it's so nebulous, do you find that others 308 00:16:02,440 --> 00:16:06,400 Speaker 15: are joining and are they getting fresh recruits as part 309 00:16:06,400 --> 00:16:08,960 Speaker 15: of that process? So for Israel, you know, the question 310 00:16:09,040 --> 00:16:11,200 Speaker 15: is what is the endgame and can it get there? 311 00:16:11,320 --> 00:16:11,440 Speaker 12: Now? 312 00:16:11,480 --> 00:16:14,280 Speaker 2: Only thirty seconds left? Ras the biggest head is Iran. 313 00:16:14,400 --> 00:16:17,120 Speaker 2: Where is Israel when it comes to confronting Iran after 314 00:16:17,160 --> 00:16:18,320 Speaker 2: the ballistic missile attack. 315 00:16:18,920 --> 00:16:21,080 Speaker 8: Well, we know that Israel still considering its options. 316 00:16:21,120 --> 00:16:24,120 Speaker 15: We know the Israeli defense ministers in the US meeting 317 00:16:24,240 --> 00:16:27,960 Speaker 15: on having meetings on Wednesday. That suggests they've not yet 318 00:16:28,000 --> 00:16:30,840 Speaker 15: decided what to do. We know the US is pushing 319 00:16:30,880 --> 00:16:35,720 Speaker 15: them to not hit Iranian nuclear infrastructure or oil installations. 320 00:16:35,760 --> 00:16:37,200 Speaker 8: That leaves military targets. 321 00:16:37,480 --> 00:16:39,040 Speaker 15: But really Israel says they're going to have to do 322 00:16:39,080 --> 00:16:40,280 Speaker 15: something quite proportionate. 323 00:16:40,960 --> 00:16:42,480 Speaker 8: It just remains to be seen what that is. 324 00:16:42,840 --> 00:16:46,280 Speaker 4: This is Bloomberg Daybreak, your morning podcast on the stories 325 00:16:46,360 --> 00:16:49,360 Speaker 4: making news from Wall Street to Washington and beyond. 326 00:16:49,640 --> 00:16:52,040 Speaker 2: Look for us on your podcast feed by six am 327 00:16:52,080 --> 00:16:55,480 Speaker 2: Eastern each morning on Apple, Spotify, or manywhere else you listen. 328 00:16:55,680 --> 00:16:58,560 Speaker 4: You can also listen live each morning starting at five 329 00:16:58,560 --> 00:17:01,200 Speaker 4: am Wall Street Time on Bloomberg eleven three to zero 330 00:17:01,280 --> 00:17:04,200 Speaker 4: in New York, Bloomberg in ninety nine to one in Washington, 331 00:17:04,280 --> 00:17:08,200 Speaker 4: Bloomberg ninety two nine in Boston, and nationwide on serious 332 00:17:08,400 --> 00:17:09,960 Speaker 4: XM Channel one twenty one. 333 00:17:10,359 --> 00:17:13,080 Speaker 2: Plus listen coast to coast on the Bloomberg Business app 334 00:17:13,119 --> 00:17:15,960 Speaker 2: now with Apple CarPlay and Android auto interfaces. 335 00:17:16,160 --> 00:17:19,200 Speaker 4: And don't forget to subscribe to Bloomberg News Now. It's 336 00:17:19,200 --> 00:17:21,920 Speaker 4: the latest news whenever you want it in five minutes 337 00:17:22,040 --> 00:17:25,160 Speaker 4: or less. Search Bloomberg News Now and your favorite podcast 338 00:17:25,200 --> 00:17:27,439 Speaker 4: platform to stay informed all day long. 339 00:17:27,720 --> 00:17:29,360 Speaker 8: I'm Karen Moscow. 340 00:17:29,119 --> 00:17:31,679 Speaker 2: And I'm Nathan Hager. Join us again tomorrow morning for 341 00:17:31,720 --> 00:17:33,640 Speaker 2: all the news you need to start your day right 342 00:17:33,680 --> 00:17:35,119 Speaker 2: here on Bloomberg Daybreak