WEBVTT - Trump's 8pm Iran Ultimatum, Astronauts Moon Mission Return

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>Good morning, I'm Nathan Hager and I'm Karen Moscow. Here

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<v Speaker 2>are the stories we're following today, Karen.

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<v Speaker 3>President Trump is ramping up threats with his latest deadline

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<v Speaker 3>for a deal to end the war with Iran now

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<v Speaker 3>just hours away. The President says free flow of traffic

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<v Speaker 3>through the Strait of horror moves must be part of

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<v Speaker 3>any agreement, and if there's no deal by eight o'clock tonight,

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<v Speaker 3>he says, the US will lay waste to the country.

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<v Speaker 4>Every bridge in Iran will be decimated by twelve o'clock

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<v Speaker 4>tomorrow night, where every power plant in Iran will be

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<v Speaker 4>out of business, burning, exploding, and never to be used again.

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<v Speaker 5>I mean complete demolition.

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<v Speaker 3>President Trump spoke yesterday at a White House news conference

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<v Speaker 3>heard live on Bloomberg Radio. We get more from Bloomberg

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<v Speaker 3>Middle East correspondent Jumana Bursecci in Dubai.

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<v Speaker 6>Very tense twenty four hours coming up over here in

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<v Speaker 6>the region. And you don't need to go so far

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<v Speaker 6>as to look back at the various comments that President

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<v Speaker 6>Chump has made over the course of the weekend, including

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<v Speaker 6>that very explosive truth social polls that he put up

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<v Speaker 6>on Easter Sunday, essentially saying to Iran that unless they

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<v Speaker 6>open up the straits and do so unconditionally, then the

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<v Speaker 6>US would have no option but to strike back and

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<v Speaker 6>to go after their power plants. And he then subsequently

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<v Speaker 6>gave that deadline eight pm Eastern Time, which translates to

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<v Speaker 6>around three four in the morning over here in the region.

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<v Speaker 3>Bloomberg's Jumani Burssetti reports Iran has threatened to ramp up

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<v Speaker 3>its own attacks on energy infrastructure across the Persian Gulf

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<v Speaker 3>if President Trump goes after civilian targets, Iran's president must

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<v Speaker 3>sued Pozsesshki and says fourteen million Iranians have volunteered to

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<v Speaker 3>sacrifice themselves in the war, including himself. Irani and state

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<v Speaker 3>media are reporting at least eighteen people were killed today

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<v Speaker 3>in an air strike targeting Albors province bordering Tehran.

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<v Speaker 2>Nathan Now a Bloomberg exclusive. Hungarian Prime Minister Victor Orbon

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<v Speaker 2>told of life dmir Putin during a phone call that

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<v Speaker 2>he was willing to go to great lengths to assist

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<v Speaker 2>the Russian president. Bloomberg News obtained a transcript of a

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<v Speaker 2>phone call between the two leaders Ben Sils is our

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<v Speaker 2>managing editor for Economy and Government news in Europe and Russia.

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<v Speaker 7>It pulls back the curtain on the relationship between Uban

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<v Speaker 7>and Putin. We've known for a long time that Uban

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<v Speaker 7>is an ally of Putin, that he has been working

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<v Speaker 7>to further Russian interests and often frustrate what most of

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<v Speaker 7>the EU members would consider European interests for a number

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<v Speaker 7>of years, particularly over the war in Ukraine. But what

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<v Speaker 7>this morning's story kind of shows you is just how

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<v Speaker 7>close Orban is with Putin.

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<v Speaker 2>And Bloomberg's Ben Sills says the relationship between Orban's government

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<v Speaker 2>and the Kremlin is coming under increasing scrutiny as Hungarian's

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<v Speaker 2>prepared to vote in an election this weekend.

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<v Speaker 3>Karen, the four astronauts of Artemis two are preparing to

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<v Speaker 3>head back to Earth after a history making trip around

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<v Speaker 3>the far side of the Moon.

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<v Speaker 8>One of the biggest highlights was coming back from the

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<v Speaker 8>far side of the Moon and having the first glimpses

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<v Speaker 8>of planet Earth again after being out of communication for

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<v Speaker 8>about forty five minutes. It really just reminds you what

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<v Speaker 8>a special place we have.

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<v Speaker 3>Mission specialist Christina Cook reflected after the Orion Crue capsule

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<v Speaker 3>emerged from the communications blackout last night. The spacecraft came

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<v Speaker 3>within four thousand and sixty seven miles of the lunar

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<v Speaker 3>surface at its closest point. Minutes later, it reached a

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<v Speaker 3>record setting distance from Earth, more than two hundred and

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<v Speaker 3>fifty two thousand miles. President Trump phoned in to congratulate

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<v Speaker 3>the astronauts on their achievement.

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<v Speaker 9>Your mission paves away for America's return to the lunar

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<v Speaker 9>surface very soon. We're going all out. We're doing everything

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<v Speaker 9>we can, and it's set it up by Jared. We'll

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<v Speaker 9>plant our flag once again, and this time we won't

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<v Speaker 9>just leave footprints. We'll establish a permanent presence on the

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<v Speaker 9>Moon and we'll push on to Mars.

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<v Speaker 3>And the President invited the astronauts to the White House,

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<v Speaker 3>but before that, they've got a splash down in the

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<v Speaker 3>Pacific Ocean.

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<v Speaker 5>That final phase of Artemis two is set for Friday.

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<v Speaker 2>Well, Nathan back here on Earth. Voters in Georgia's fourteenth

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<v Speaker 2>Congressional district will pick a replacement for Marjorie Taylor Green

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<v Speaker 2>in a special congressional runoff. In Bloomberg's Amy Morris has

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<v Speaker 2>the latest.

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<v Speaker 10>The runoff is between Democrats Sean Harris and Republican Clay Fuller,

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<v Speaker 10>the top two vote getters in the March tenth special election.

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<v Speaker 10>Harris is a retired Army brigadier general who lost to

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<v Speaker 10>Marjorie Taylor Green in the twenty twenty four general election.

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<v Speaker 10>Fuller is a district attorney who has President Trump's endorsement.

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<v Speaker 10>The outcome of this runoff will affect the balance of

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<v Speaker 10>power in the US House, where Republicans currently have a

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<v Speaker 10>two hundred and seventeen to two hundred and fourteen majority.

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<v Speaker 10>In Washington, Amy Morris Bloomberg Radio.

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<v Speaker 3>Thanks Amy.

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<v Speaker 5>From Ballots to Brackets.

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<v Speaker 3>Now, for the first time in more than thirty five years,

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<v Speaker 3>the Michigan Wolverines are men's NCAA basketball champions. Let's get

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<v Speaker 3>the details from Bloomberg's sports reporter Johnson dash Our John.

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<v Speaker 11>Nathan it was a tight game in Indianapolis. I had

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<v Speaker 11>grinded out low scoring affair. One team had the lead

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<v Speaker 11>throughout the second half.

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<v Speaker 12>Caravan trucks it down with two seconds with one he

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<v Speaker 12>throws at the half court. And since nineteen eighty nine,

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<v Speaker 12>there's been a blank space in the Michigan trophy case.

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<v Speaker 12>Write the name Michigan to twenty twenty six men's basketball

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<v Speaker 12>National champions.

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<v Speaker 11>I WESTWN won sixty nine sixty three over Yukon Wolverine

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<v Speaker 11>SSEN only thirty eight percent, made only two three pointers,

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<v Speaker 11>but made all but three of their twenty eight free throws,

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<v Speaker 11>capped to thirty seven and three, season, handing Yukon its

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<v Speaker 11>first ever tournament final defeat. The Huskies had been six

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<v Speaker 11>and oero reaction coming up in sports, John Stashwar Bloomberg Radio,

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<v Speaker 11>Karen Nathan.

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<v Speaker 2>All right, John, thank you well. Every year Bloomberg assembles

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<v Speaker 2>a group of business and finance titans to pick out

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<v Speaker 2>their March Madness brackets for a cause, and each of

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<v Speaker 2>the participants picks at charity and pledges twenty thousand dollars.

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<v Speaker 2>This year's winner is Newberger Berman CEO George Waller, who

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<v Speaker 2>successfully picked Michigan to win it all. Mister Walker's charity

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<v Speaker 2>selection was Memorial Sloan Kettering Cancer Center.

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<v Speaker 3>Well, another billionaire, Karen bill Ackman, is thinking of a

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<v Speaker 3>big deal in music. His Pershing Square Capital Management is

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<v Speaker 3>offering to buy Universal Music Group in a deal that

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<v Speaker 3>could be valued at more than sixty billion dollars UMG.

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<v Speaker 3>Represents artists including Taylor, Swift and Drake. Under a proposal,

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<v Speaker 3>Acman would merge Universal Stock with an acquisition company, effectively

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<v Speaker 3>moving the listing from Amsterdam to New York.

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<v Speaker 2>Well, we have several major insurance stocks on the rise

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<v Speaker 2>this morning, Nathan. The jump comes after the US Medicare

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<v Speaker 2>program finalized a two point four to eight percent rate

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<v Speaker 2>hike for health insurers in twenty twenty seven. Investors see

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<v Speaker 2>the pay boost as a meaningful improvement over the initial

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<v Speaker 2>rates the agency proposed in January. Shares of Alignment Health

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<v Speaker 2>a surging seventeen percent, u Meta at more than ten percent,

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<v Speaker 2>and United Healthcare and CBS throughout more than six percent

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<v Speaker 2>in early trading.

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<v Speaker 3>Karen Broadcom says it plans to deliver chips to AI

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<v Speaker 3>startup and Thropic. It'll use Google's Tensor processing Units or TPUs,

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<v Speaker 3>offering an alternative to technology developed by Nvidia. The three

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<v Speaker 3>companies are also expanding a strategic collaboration that will let

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<v Speaker 3>Anthropic access about three and a half gigawatts worth of

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<v Speaker 3>computing power that will begin in twenty twenty seven.

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<v Speaker 2>Time now for look at some of the other stories

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<v Speaker 2>making news in New York and around the world, and

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<v Speaker 2>for that we're joined by Bloomberg's Michael Barr. Michael, good morning, Good.

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<v Speaker 13>Morning, Karen. Vice President JD. Vance visits Hungary today, where

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<v Speaker 13>he will meet with Prime Minister Victor Orban ahead of

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<v Speaker 13>that country's election on April twelfth, and spoke briefly to

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<v Speaker 13>the press as he boarded a plane in Maryland.

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<v Speaker 5>Looking forward to.

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<v Speaker 12>Seeing my good friend Victor, and you know, we'll talk

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<v Speaker 12>about any number of things related to the US Hungry relationship.

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<v Speaker 6>Obviously, I'm sure Europe.

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<v Speaker 3>And Ukraine and all the other several bigger and pretty prominently.

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<v Speaker 13>Orbon is trailer in the polls to anti corruption opposition

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<v Speaker 13>candidates Peter Magyar. Orban has led Hungary for sixteen years,

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<v Speaker 13>and according to a person familiar with the matter, Hungary

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<v Speaker 13>will reach a deal to buy oil from the US.

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<v Speaker 13>During vance His visit, the World Health Organization announced that

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<v Speaker 13>it was suspending evacuations from Gaza after a worker contracted

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<v Speaker 13>to help them was killed. On Monday. Israel and Amas

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<v Speaker 13>have accused each other of violating the ceasefire. In Indianapolis,

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<v Speaker 13>a city council member who reportedly voted to approve a

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<v Speaker 13>data center had gunshots fired at his home. Police say

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<v Speaker 13>they're searching for a suspect. Councilman Ron Gibson says he

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<v Speaker 13>and his eight year old son were home at the

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<v Speaker 13>time of the shooting.

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<v Speaker 5>Well, my fate called me to forgive. I'm a Christian,

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<v Speaker 5>so I must forgive. I would just ask him why.

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<v Speaker 13>Counselman Gibson says thirteen rounds were fired at his home,

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<v Speaker 13>some of those bullets landing just steps from their dining room.

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<v Speaker 13>Table centers are used to store, train and operate AI models.

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<v Speaker 13>They are considered controversial because they also gobble up power

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<v Speaker 13>and water. New York Mayor Zoron Mumdani has reportedly named

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<v Speaker 13>a former senior Biden administration official to be his new

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<v Speaker 13>child Welfare Commissioner, Rebecca Jones. Gaston spent time in foster

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<v Speaker 13>care as an infant. The mayor plans to officially announce

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<v Speaker 13>Gaston's appointment later today. Global News twenty four hours a

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<v Speaker 13>day and whenever you want it with Bloomberg News Now

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<v Speaker 13>Michael Barr and this is Bloomberg Karen.

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<v Speaker 2>All right, Michael Barr, thank you time now for the

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<v Speaker 2>Bloomberg Sports Update. Here's John Stashower. John, Good morning, Glori.

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<v Speaker 11>Ker not the way Michigan usually wins. In the first

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<v Speaker 11>five of the NCAA tournament, Wolverine scored ninety or more points.

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<v Speaker 5>The scoring was down in the championship game.

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<v Speaker 11>In Indianapolis, but Michigan pulled it out over Yukon sixty

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<v Speaker 11>nine sixty three, capping a thirty seven and three season

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<v Speaker 11>filled with lopsided victories.

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<v Speaker 5>The Michigan coach.

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<v Speaker 14>Is We've talked about being in close games. Well, we

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<v Speaker 14>haven't been in a close game like this all year,

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<v Speaker 14>where there was a lot of friction in our huddles.

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<v Speaker 14>The emotion was pouring out late in the game because

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<v Speaker 14>there were such extreme runs. There's always runs, these were

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<v Speaker 14>extreme runs, and I.

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<v Speaker 5>Was proud of our guys.

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<v Speaker 14>They were able to regulate their emotions, get back together

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<v Speaker 14>and figure out a way to.

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<v Speaker 11>Win michigan second title ever. The other was nineteen eighty nine.

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<v Speaker 11>They had lost to the title game four times since Yukon,

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<v Speaker 11>and its history in championship games was six and zero,

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<v Speaker 11>including two recent ones. The Huskies Alex Caravan was trying

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<v Speaker 11>to win for him a third title.

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<v Speaker 15>It hurts a lot right now, but I'm just reminding

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<v Speaker 15>myself right now that you know when I came into Yukon,

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<v Speaker 15>how much I've grown, and I've I'm ultimately leaving Yukon

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<v Speaker 15>at a better place right now from where it started.

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<v Speaker 15>So I gave it everything I got.

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<v Speaker 4>I gave it my heart.

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<v Speaker 11>Michigan's Elliot Caddo named Attorney's most Outstanding Player. The Knicks

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<v Speaker 11>in Atlanta, facing the hot team they could be meeting

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<v Speaker 11>in the first round of the playoffs.

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<v Speaker 5>It was a playoff atmosphere in the Hawk.

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<v Speaker 11>CJ McCullum hit a shot from beyond half court that

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<v Speaker 11>would have set the game to overtime, but it left

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<v Speaker 11>his hand a fraction of a second after the buzzer.

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<v Speaker 5>The next one one, eight, one five.

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<v Speaker 11>Michael Malone, who three years ago coached the Denver Nuggets

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<v Speaker 11>to the NBA Championship, the new coach at North Carolina,

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<v Speaker 11>where the football coach is six time Super Bowl winner

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<v Speaker 11>Bill Belichick. Dexter Lawrence, the middle of the Giants defensive

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<v Speaker 11>line the past seven years, now demanding a trade, won't

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<v Speaker 11>show up for the Giants offseason workouts. Lawrence has two

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<v Speaker 11>years left on his contract. Mets hosts the A's tonight.

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<v Speaker 11>They have foot one Soto on the injured list with

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<v Speaker 11>a strange cast, Soto won't play the next two to

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<v Speaker 11>three weeks.

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<v Speaker 5>John Stashawer Bloomberg Sports, Karen Nathan.

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<v Speaker 2>Stay with us more from Bloomberg day Break coming up

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<v Speaker 2>after this.

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<v Speaker 1>Coast to coast on Bloomberg Radio, nationwide on Sirius XM,

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<v Speaker 1>and around the world on Bloomberg dot Com and the

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<v Speaker 1>Bloomberg Business opp This is Bloomberg Daybreak.

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<v Speaker 5>Good morning on n and Hagar.

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<v Speaker 3>Coming up to the latest deadline for Iran to reach

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<v Speaker 3>a deal to end the US war. President Donald Trump

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<v Speaker 3>is ramping up threats against key infrastructure. If there's no

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<v Speaker 3>agreement by eight o'clock tonight.

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<v Speaker 4>The entire country could be taken out in one night,

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<v Speaker 4>and that night might be tomorrow night.

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<v Speaker 3>And that was President Trump and a White House news

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<v Speaker 3>conference yesterday I heard live on Bloomberg Radio this morning.

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<v Speaker 3>Joining us from Dubai is Bloomberg Middle East correspond to

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<v Speaker 3>Jumana Borsecci, the anchor of Bloomberg Horizons, And among the

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<v Speaker 3>many questions this morning, Jumana is whether President Trump follows

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<v Speaker 3>through at this latest deadline and what it could mean

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<v Speaker 3>for the war if he does.

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<v Speaker 6>Good morning, Yeah, absolutely, I mean, he's got a couple

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<v Speaker 6>of options here. He could follow through if there is

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<v Speaker 6>no deal and all, I mean, the signs are looking

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<v Speaker 6>pretty slim now for diplomatic breakthrough. So if he does

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<v Speaker 6>follow through, then that would mean we would see a

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<v Speaker 6>massive intensification of these military operations, possibly maybe even ground

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<v Speaker 6>troop involvement. We've been reporting on the bulking up of

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<v Speaker 6>military assets in the region and of course repercussions from

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<v Speaker 6>Iran onto Gulf states as well. So there's a real

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<v Speaker 6>sense of nervousness the next twenty four hours. But then

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<v Speaker 6>he could equally move the deadline. He could shift the ultimatum.

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<v Speaker 6>He's done that before, at the risk of undermining US

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<v Speaker 6>credibility of course, or he could also do nothing and

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<v Speaker 6>the declare victory, which is you know, also within the

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<v Speaker 6>range of outcomes. So we don't really have a lot

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<v Speaker 6>of visibility about what is going to happen. Ultimately, this

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<v Speaker 6>decision will lie and rest with the US President. But

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<v Speaker 6>what I can tell you from the region is there

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<v Speaker 6>have been that has been intensification of mediation efforts in

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<v Speaker 6>the last twenty four hours from the likes of Pakistan,

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<v Speaker 6>Turkey and Egypt to try to bring the two sites

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<v Speaker 6>together at least to secure our seasfire.

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<v Speaker 3>Have they gotten any closer to coming together? I mean,

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<v Speaker 3>the last we heard from the Iranian side was not

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<v Speaker 3>only did they reject the latest seasfire proposal, but they

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<v Speaker 3>came with even more demands of their own.

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<v Speaker 6>That's correct. And again multiple media reports so overnight, you know,

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<v Speaker 6>some suggesting that there is a window, a glimmer of

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<v Speaker 6>hope for diplomacy. If you go to the Ministry of

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<v Speaker 6>Foreign Affairs of each one of those countries that I mentioned, Pakistan, Egypt,

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<v Speaker 6>and Turkey, all of them are pointing to many backchannels

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<v Speaker 6>that are taking place, including conversations with Steve Whitcoff and

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<v Speaker 6>reportedly Jdvans is going to be involved in those discussions

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<v Speaker 6>as well if there is a follow through. But to

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<v Speaker 6>your point, the Iranians continue to be defiant. They have

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<v Speaker 6>put forward their own counterproposals of what they would like

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<v Speaker 6>to see, and Iranian State TV over the weekend has

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<v Speaker 6>said very clearly that they don't want to see just

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<v Speaker 6>a temporary ceasefire. What they would like is a permanent

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<v Speaker 6>cessation of hostilities. They want to see assurances from the

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<v Speaker 6>US that this would never happen again, war reparations, and

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<v Speaker 6>then the new one. Of course, this is their new leverage.

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<v Speaker 6>Their point of leverage is some form of a new

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<v Speaker 6>pro over control of this Strait of Hormos, and they

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<v Speaker 6>are insisting that they should somehow be able to effectively

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<v Speaker 6>manage still and introduce perhaps even a toll structure around

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<v Speaker 6>the vessels that are capable of passing through the straits,

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<v Speaker 6>an outcome which of course is unacceptable for the rest

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<v Speaker 6>of the world.

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<v Speaker 3>Of course, the President's put the straight front and center

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<v Speaker 3>in his latest ultimatum as well in our last thirty seconds.

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<v Speaker 3>What does that say about the pressure he's under right now?

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<v Speaker 6>Yeah, well, it all comes back to energy. And the

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<v Speaker 6>longer the Strait of Hormo stays closed, the more you're

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<v Speaker 6>going to see upward push on not just oil on gas,

0:15:35.080 --> 0:15:39.320
<v Speaker 6>on energy products, on helium on gas. And you're beginning

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<v Speaker 6>to see that it's beginning to bite the price of gasoline.

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<v Speaker 6>Retail gasoline prices in the US is started to shoot higher.

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<v Speaker 6>And as that happens, public opinion and support of this

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<v Speaker 6>war against the fate. So it becomes a matter of

0:15:52.680 --> 0:15:56.040
<v Speaker 6>political pressure. And I think he's identified that it's not

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<v Speaker 6>an acceptable outcome for the rest of the world or

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<v Speaker 6>for global energy market in which Iaron nteins sovereignty.

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