1 00:00:01,960 --> 00:00:04,840 Speaker 1: News when you want it with Bloomberg News Now. I'm 2 00:00:04,880 --> 00:00:08,280 Speaker 1: Brian Curtis in Hong Kong. The resumption of fighting in 3 00:00:08,320 --> 00:00:11,880 Speaker 1: the Gaza Strip has put hostage negotiations between Israel and 4 00:00:11,920 --> 00:00:14,840 Speaker 1: Hamas in limbo. We get that part of the story 5 00:00:14,880 --> 00:00:17,280 Speaker 1: from Bloomberg's and Marie Hordern in Washington. 6 00:00:17,840 --> 00:00:20,320 Speaker 2: Right now, the Qataris are still at the negotiating table 7 00:00:20,400 --> 00:00:22,920 Speaker 2: trying to get both these sides together. The United States 8 00:00:22,920 --> 00:00:26,759 Speaker 2: says that truce ended up failing or it stopped the 9 00:00:27,080 --> 00:00:30,920 Speaker 2: tactical pauses they had because of Hamas, and it was 10 00:00:31,000 --> 00:00:34,440 Speaker 2: due to Hamas not releasing the names of the hostages 11 00:00:34,479 --> 00:00:38,360 Speaker 2: the evening before. There's still a number of hostages, at 12 00:00:38,440 --> 00:00:43,080 Speaker 2: least about eight Americans the US Administration believes is still 13 00:00:43,159 --> 00:00:45,800 Speaker 2: with Hamas. And I asked Admiral Kirby about this again, 14 00:00:46,159 --> 00:00:47,960 Speaker 2: and he said he'd be remiss to say that they 15 00:00:48,040 --> 00:00:50,959 Speaker 2: knew exactly where they were in exactly their condition. So 16 00:00:51,080 --> 00:00:53,560 Speaker 2: the situation is incredibly complicated. 17 00:00:54,120 --> 00:00:58,440 Speaker 1: Bloomberg's Aemri hor Dern. Meantime, Turkey has warned Israel's spy 18 00:00:58,560 --> 00:01:01,760 Speaker 1: agency not to kill memory of Hamas on its soil. 19 00:01:02,080 --> 00:01:04,319 Speaker 1: We get that story from Bloomberg Nick Watams. 20 00:01:04,560 --> 00:01:07,399 Speaker 3: There have been some indications that Israel has been planning 21 00:01:07,440 --> 00:01:11,520 Speaker 3: some sort of idea way of targeting those leaders outside 22 00:01:11,560 --> 00:01:15,520 Speaker 3: of the Palestinian territories, but Turkey getting drawing a very 23 00:01:15,520 --> 00:01:18,160 Speaker 3: clear redline there signaling that listen, if you try to 24 00:01:18,200 --> 00:01:21,600 Speaker 3: come after anybody on our soil, we will not tolerate it. 25 00:01:21,680 --> 00:01:24,440 Speaker 3: So further indication that this war is causing a lot 26 00:01:24,480 --> 00:01:26,880 Speaker 3: of strain regionally as well. 27 00:01:26,959 --> 00:01:31,720 Speaker 1: That's Bloomberg's Nick Watams. Ukrainian President Vladimir Zelenski has been 28 00:01:31,720 --> 00:01:35,759 Speaker 1: invited to address Senators today. That's as aid has gotten 29 00:01:35,760 --> 00:01:39,360 Speaker 1: in snarled in the southern US border debate. Bloomberg's Ed 30 00:01:39,400 --> 00:01:40,520 Speaker 1: Baxter with the story. 31 00:01:41,120 --> 00:01:44,280 Speaker 4: The invitation comes from Senate Majority Leader Chuck Schumer to 32 00:01:44,280 --> 00:01:48,800 Speaker 4: speak to senators and a classified briefing on security. Schumer 33 00:01:48,840 --> 00:01:51,760 Speaker 4: says senators need to hear a direct message to untangle 34 00:01:51,800 --> 00:01:52,720 Speaker 4: the circle of debate. 35 00:01:52,800 --> 00:01:56,040 Speaker 5: The hold up on the security supplemental has not been 36 00:01:56,080 --> 00:01:59,920 Speaker 5: over Ukraine or Israel or the Indo Pacific, but over 37 00:02:00,040 --> 00:02:05,480 Speaker 5: Republican decision to inject hard right immigration measures into the debate. 38 00:02:05,640 --> 00:02:08,919 Speaker 4: Zelenski will be on video now. Schumer also says he 39 00:02:09,040 --> 00:02:11,760 Speaker 4: set up a test vote on advancing a national security 40 00:02:11,840 --> 00:02:16,640 Speaker 4: supplemental package including funding for Ukraine for tomorrow ed Baxter 41 00:02:16,680 --> 00:02:17,520 Speaker 4: Bloomberg Radio. 42 00:02:17,760 --> 00:02:20,480 Speaker 1: The Reserve Bank of Australia has kept its key interest 43 00:02:20,560 --> 00:02:24,080 Speaker 1: rates steady at four point three five percent, as expected. 44 00:02:24,600 --> 00:02:27,520 Speaker 1: The RBA said that any further tightening will depend on 45 00:02:27,639 --> 00:02:31,400 Speaker 1: the data and risks. The decision was seen by thirty 46 00:02:31,520 --> 00:02:35,959 Speaker 1: of thirty one economists, pulled by Bloomberg. Saudi Arabia's energy 47 00:02:36,000 --> 00:02:39,960 Speaker 1: minister says that OPEK plus oil production cuts can continue 48 00:02:39,960 --> 00:02:44,160 Speaker 1: past the first quarter. Prince Abdulaziz bin Salman said the 49 00:02:44,200 --> 00:02:46,799 Speaker 1: cuts could stretch out further if it's necessary. 50 00:02:47,720 --> 00:02:50,480 Speaker 6: We wanted to market to know that there would be 51 00:02:50,480 --> 00:02:54,000 Speaker 6: a phased in approach, and since we don't know what 52 00:02:54,080 --> 00:02:59,160 Speaker 6: would be the market situation beat in January February, Marsh 53 00:02:59,400 --> 00:03:01,919 Speaker 6: we went to to be careful about what language we 54 00:03:02,120 --> 00:03:05,520 Speaker 6: use by saying it would also it would be phased 55 00:03:05,560 --> 00:03:08,800 Speaker 6: out or gradually, and it would be based on market condition. 56 00:03:09,560 --> 00:03:12,359 Speaker 1: Prince Obula Disease went on to say there are already 57 00:03:12,400 --> 00:03:16,440 Speaker 1: signs that oil demand is improving. WTI now seventy three 58 00:03:16,480 --> 00:03:19,760 Speaker 1: eleven a barrel a top Wall Street firm is weighing 59 00:03:19,800 --> 00:03:23,399 Speaker 1: in as markets bet on aggressive FED rate cuts next year. 60 00:03:23,680 --> 00:03:26,440 Speaker 1: The story from Bloomberg's and Kates. 61 00:03:26,200 --> 00:03:29,520 Speaker 7: Goldman Sachs believes financial markets are far too optimistic about 62 00:03:29,560 --> 00:03:31,840 Speaker 7: the size of rate cuts, with one and a quarter 63 00:03:31,880 --> 00:03:34,520 Speaker 7: percentage points priced in over the next twelve months. A 64 00:03:34,560 --> 00:03:37,800 Speaker 7: half a point trim is projected by June. Goldman's strategists 65 00:03:37,800 --> 00:03:40,200 Speaker 7: say that suggests a US economy already on the brink 66 00:03:40,240 --> 00:03:43,000 Speaker 7: of a downturn, and the numbers are well above Goldman's 67 00:03:43,040 --> 00:03:46,160 Speaker 7: own forecast, which calls for a single quarter point decrease 68 00:03:46,200 --> 00:03:49,680 Speaker 7: in twenty twenty four. Goldman favors options to counter excessive 69 00:03:49,760 --> 00:03:53,160 Speaker 7: rate cut pricing in Washington and Kate's Bloomberg. 70 00:03:52,840 --> 00:03:56,480 Speaker 1: Radio China has criticized the United States for seeing it 71 00:03:56,560 --> 00:03:59,880 Speaker 1: as a threat. That story from Bloomberg's Yvonne Menn in Hong. 72 00:03:59,800 --> 00:04:04,200 Speaker 8: Kong, China reacted sharply to reesa remarks from US Commerce 73 00:04:04,200 --> 00:04:08,080 Speaker 8: Secretary Gina Raimundo at a defense forum. Raymundo set a 74 00:04:08,160 --> 00:04:11,760 Speaker 8: department needed more funding to prevent China from catching up 75 00:04:11,760 --> 00:04:15,200 Speaker 8: on cutting edge chip technology. She said, that's quote the 76 00:04:15,240 --> 00:04:18,960 Speaker 8: biggest threat we've ever had. In response to Chinese Foreign 77 00:04:19,000 --> 00:04:21,960 Speaker 8: Ministry spokesman said the US should stop saying one thing 78 00:04:22,440 --> 00:04:25,440 Speaker 8: and doing another. The spokesman said the US should stick 79 00:04:25,480 --> 00:04:28,520 Speaker 8: with the common understandings reached in the San Francisco meeting 80 00:04:28,760 --> 00:04:32,720 Speaker 8: between President She and Biden in Hong Kong. I'm yvon 81 00:04:32,880 --> 00:04:34,159 Speaker 8: Mann Bloomberg Radio. 82 00:04:34,800 --> 00:04:37,640 Speaker 1: And that's news when you want it with Bloomberg News Now. 83 00:04:37,920 --> 00:04:40,000 Speaker 1: I'm Brian Curtis. This is Bloomberg