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Speaker 1: Good morning. I maybe Morris and I'm Karen Moscow. Here

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Speaker 1: are the stories we're following today.

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Speaker 2: First, we want to get you updated on the very latest.

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Speaker 2: Three days after an incursion into Israel from Gaza, and

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Speaker 2: the fighting has intensified.

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Speaker 3: More than seven hundred people.

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Speaker 2: Killed by Hamas militants in Israel. Some four hundred Palestinians

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Speaker 2: died in fighting in retaliatory attacks. Thousands more have been injured.

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Speaker 2: Israeli Prime Minister Benjamin Netanyahu.

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Speaker 3: Hamas started a cruel and evil war.

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Speaker 1: We will win this war, but the price is too

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Speaker 1: heavy to bear.

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Speaker 4: This is a very difficult day.

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Speaker 5: For all of us.

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Speaker 2: Israel has formally declared war against Hamas. The head of

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Speaker 2: the Islamic Jihad, a smaller militant faction in Gaza, says

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Speaker 2: his group has been holding more than thirty Israeli's captive.

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Speaker 2: Israel Defense for spokesman Colonel Jonathan Cornricus says the number

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Speaker 2: of captives is substantial, some of.

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Speaker 6: Them presumed dead, some of them probably alive, some.

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Speaker 7: Of them military personnel, and some of them civilians.

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Speaker 2: Israel's military has launched hundreds of air strikes in less

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Speaker 2: than two days. Israeli Defense forces spokesperson Daniel Hugari accused

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Speaker 2: Hmas of being more brutal than Isis.

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Speaker 6: Israeli intelligence indicates that Tamas are hiding among Guzen civilians

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Speaker 6: inside Gazen homes and schools, hospitals, and mosques.

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Speaker 2: Israeli Defense sports IS spokesperson Daniel Hugari says the IDF

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Speaker 2: will target militants wherever they are in Gaza. The Wall

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Speaker 2: Street Journal is reporting Iran has helped Hamas plan the

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Speaker 2: assault on Israel well Ami.

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Speaker 1: Within hours of the attack, the Israeli defense forces launch

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Speaker 1: operations swords of iron, cutting off power and carrying out

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Speaker 1: air strikes against targets in Gaza. The Palestinian Health Ministry

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Speaker 1: says hundreds of people, including children, have been killed there.

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Speaker 1: Reacting to the event, and Sria Mansaur, the Palestinian observer

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Speaker 1: at the United Nations, took a defiant tone.

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Speaker 8: We chose the peaceful path to achieve our rights, but

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Speaker 8: Israel continued using blank force against Palestinian lives and Palestinian rights.

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Speaker 8: Israel cannot wage a full scale war on a nation,

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Speaker 8: its people, its land, its holy sites and expect peace

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Speaker 8: in exchange.

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Speaker 1: Despite Riad Mansauer's comments, Israel says it won't stop until

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Speaker 1: Hamas's military infrastructure is dismantled and.

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Speaker 2: Reaction still pouring in from around the world. Greg Roman

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Speaker 2: is Middle East Forum director.

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Speaker 9: This was the largest operational and intelligence failure in the

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Speaker 9: history of the Israeli military and Israeli government. You essentially

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Speaker 9: have the equivalent of six nine elevens plus captives by

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Speaker 9: the way in which Hamas was able to execute this operation.

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Speaker 3: Jonathan Panakov is a director at the Atlantic Council.

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Speaker 10: The complexity of this attack from Hamas's perspective, were not

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Speaker 10: only incredibly successful, but it is incredibly impressive, and I

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Speaker 10: think US.

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Speaker 11: Officials, Israeli officials are going to have to really re

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Speaker 11: examine some of their base assumptions come going.

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Speaker 2: Forward, the Atlantic councils, Jonathan Panakov says. Iranian President Abraham

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Speaker 2: Risey issued a message congratulating Hamas on its victory.

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Speaker 1: Well, I mean the US is responding to the attacks

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Speaker 1: in both words and in action. Bloomberg's Ed Baxter has

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Speaker 1: that part of the story.

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Speaker 12: The first action is that the US has dispatched a

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Speaker 12: carrier group to the eastern Mediterranean. Statement from Defense Secretary

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Speaker 12: Lloyd Austin says, in part, my team and I will

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Speaker 12: continue to be in close contact with Israeli counterparts to

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Speaker 12: ensure that they get what they need to protect their citizens,

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Speaker 12: and Secretary of State Anthony B. Lincoln says the direction

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Speaker 12: is clear.

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Speaker 10: MOSS wouldn't be Hamas without the support that it's gotten

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Speaker 10: over many years.

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Speaker 12: Moran President Joe Biden has registered his unreserved support for Israel,

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Speaker 12: and House Republic have expressed the desire to choose a

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Speaker 12: speaker as quickly as possible to be able to deal

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Speaker 12: with any developing situation, add Baxter Bloomberg.

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Speaker 3: Radio, I thank you ed.

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Speaker 2: Senate Majority leader Chuck Schumer told China's Foreign minister he

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Speaker 2: was very disappointed by Beijing's reaction to Hamas launching an

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Speaker 2: unprecedented incursion into Israel.

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Speaker 9: I urge you and the Chinese people to stand with

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Speaker 9: the Israeli people and condemn these talent of the ambitious attacks.

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Speaker 2: Stay broadcaster CCTV is reporting Schumer will meet later with

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Speaker 2: Chinese President shijinping Amy.

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Speaker 1: A growing number of international airlines have suspended flights to

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Speaker 1: Israel after the country declared a state of war, and

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Speaker 1: we get the latest of Bloomberg.

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Speaker 3: Selisa Matteo, the.

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Speaker 7: Federal Aviation Administration is advising airlines to monitor the security

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Speaker 7: situation before resuming operations, and the head of American Airlines

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Speaker 7: Pilots Union said members shouldn't fly to Israel until the

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Speaker 7: situation is safe. US carriers including Delta, United and American

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Speaker 7: Airlines canceled their service to Tel Aviv, as did European

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Speaker 7: airlines such as Luftanza and Air France, and budget specialists

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Speaker 7: whiz Air from Hungary. Virgin Atlantic has canceled some of

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Speaker 7: its flights into and out of Tel Aviv, and British

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Speaker 7: Airways said flights will operate with adjusted departure times. Lisa

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Speaker 7: Matteo Bloomberg Radio R.

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Speaker 1: And Lisa Thank you allut oil jumping on the conflict.

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Speaker 1: Crewd originally served more than five percent. It has since

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Speaker 1: paired some of those gains. In checking oil NIMEX screwed

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Speaker 1: oil is up three percent at eighty five dollars thirty

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Speaker 1: cents a barrel. Brent is up two point seven percent.

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Speaker 1: Time for a look at some of the other stories

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Speaker 1: making news around the world. For that were joined by

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Speaker 1: Bloomberg's John Tucker, John Good.

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Speaker 13: Morning and Good Morning, Karen House. Republicans predict they will

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Speaker 13: have a new speaker in place by midweek after closed

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Speaker 13: door debates intended to avoid the messy fifteen round process

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Speaker 13: that led to the election of now deposed Speaker Kevin

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Speaker 13: McCarthy in January Colorado GP Congressman Ken Buck.

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Speaker 14: For those folks that think we are projecting a chaotic image,

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Speaker 14: it makes a lot more sense to do this behind

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Speaker 14: closed doors and get it finished before we go to

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Speaker 14: the floor.

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Speaker 13: The speaker election takes on new urgency after Hamas militants

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Speaker 13: attacked to Israel, prompting calls for more US assistants. Without

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Speaker 13: a Speaker of the House cannot conduct legislative business. Even

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Speaker 13: with bipartisan support for Israel in the chamber, It's unclear

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Speaker 13: what aid might need congratulate approval for the war in Israel.

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Speaker 13: It's igniting fears of violence spreading across the world, especially

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Speaker 13: in places with large Jewish populations like New York City.

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Speaker 13: Kenneth Corey is the retired NYPD Chief of the Department.

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Speaker 10: At this moment, there are no specific credible threats against

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Speaker 10: New York City. I have a lot less confidence in

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Speaker 10: that statement today than I did two weeks ago, because

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Speaker 10: you had an attack of this magnitude of this level

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Speaker 10: of sophistication that went undetected both by the Israeli security

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Speaker 10: services and by US intelligence.

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Speaker 13: In other news around fourthoud, United Auto Workers members at

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Speaker 13: Mac Trucks will strike today that story. In this report

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Speaker 13: from Bloomberg's Jeff Bellinger.

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Speaker 11: Nearly three quarters of the UAW workers rejected a tentative

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Speaker 11: agreement in the latest dispute between the union and auto companies.

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Speaker 11: The strike action against Mac Trucks, owned by Sweden's Volvo,

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Speaker 11: opens a new front and the uaw's fight for better

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Speaker 11: pay in conditions. Last month, the union launched an unprecedented

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Speaker 11: strike against the big three Detroit automakers, General Motors, Ford

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Speaker 11: and Stilantis. Jeff Bellinger Bloomberg Radio.

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Speaker 13: Global News twenty four hours a day, power by more

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Speaker 13: than twenty seven hundred journalist and analysts in more than

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Speaker 13: one hundred and twenty countries. I'm John Tucker. This is

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Speaker 13: Bloomberg Karen all.

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Speaker 1: Right, John, thank you while we bring you news throughout

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Speaker 1: the day here on Bloomberg Radio. But now you can

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Speaker 1: You can listen and subscribe to Bloomberg and News now

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Speaker 1: and anywhere else you get your podcasts. Time now for

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Speaker 1: the Bloomberg Sports Update, here's John stash Hour John Karen.

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Speaker 15: There's no question which NFL team looks like the most

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Speaker 15: complete team right now. It's the San Francisco forty nine ers.

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Speaker 15: On Sunday Night football at Levi Stadium, wallop the Dallas

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Speaker 15: Cowboys forty two to ten. Brockberty threw four touchdown passes,

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Speaker 15: three of them went to George Kittle, while Dak Prescott,

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Speaker 15: who struggled in two playoff losses the last two seasons

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Speaker 15: against the Niners, struggled again last night. He threw three interceptions.

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Speaker 15: There is another undefeated team. It's Philadelphia. The Eagles games

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Speaker 15: have been closer, but they keep winning. They meet the

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Speaker 15: Rams in La twenty three to fourteen. Kansas City is

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Speaker 15: four and one, twenty seven to twenty at Minnesota, the

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Speaker 15: Vikings just one and four. The Detroit Lions are in

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Speaker 15: first place there four and one, forty two to twenty

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Speaker 15: four over Carolina. The Panthers the NFL's only winless team

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Speaker 15: at zero to five Miami four and one. The Dolphins

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Speaker 15: crushed the Giants thirty one to sixteen. They had twice

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Speaker 15: as many total yards and Miami's back in first place

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Speaker 15: AFC East because in London, Buffalo lost to Jacksonville twenty

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Speaker 15: five to twenty. The Jaguars went to London and played

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Speaker 15: consecutive games and won them. Both baseball playoffs one a

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Speaker 15: week for the Texas Rangers.

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Speaker 5: They're now four.

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Speaker 15: To ozho all the wins on the road. They want

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Speaker 15: twice at Tampa Bay to win that series, and two

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Speaker 15: wins at Baltimore. Rangers held on to win eleven to eight,

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Speaker 15: a grand stamp for Mitch Garver. They go home up

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Speaker 15: to nothing the twins one in Houston sixty two Carlos

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Speaker 15: Carea three history Harby guys against this former team. That

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Speaker 15: series is tied at one. John Stanshaller Bloomberg Sports.

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Speaker 5: From coast to coast, from New York to San Francisco,

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Speaker 5: Boston to Washington, DC, nationwide on Syrias XAM, the Bloomberg

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Speaker 5: Business appen Bloomberg dot Com. This is Bloomberg Day Break wo.

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Speaker 6: In.

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Speaker 2: Two days after the initial incursion, from Gaza into Israel.

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Speaker 2: More than a thousand people are dead, dozens of Israelis

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Speaker 2: have been taken hostage. We're joined now by Bloomberg's Israel

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Speaker 2: bureau chief Ethan Bronner. Ethan, thank you for taking the

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Speaker 2: time with us. What is the latest now on the

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Speaker 2: ground in Israel.

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Speaker 4: The army seems to be closing in on taking control

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Speaker 4: of the towns along the Gaza border in the south

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Speaker 4: that they had not had control for the last forty

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Speaker 4: eight hours. But there are still they say Hamas fighters

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Speaker 4: at large around there. We think at least a thousand

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Speaker 4: came in on Saturday morning, which means that some of

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Speaker 4: them may be beyond the south. And Israel is also

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Speaker 4: bombing in Gaza. It's hit more than a thousand targets.

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Speaker 4: It's trying to stop, it, says, infrastructure, from leading to

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Speaker 4: more shooting of rockets and missiles. But there are still

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Speaker 4: about one hundred at least hostages taken in in Gaza,

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Speaker 4: held by both Islam you had and Hamas and Israel.

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Speaker 4: It remains in a state of a deep shock.

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Speaker 2: It must be said that shock because of what a

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Speaker 2: lot of people are calling an intelligence failure. It seems

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Speaker 2: like this was a massive failure of intelligence of communication.

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Speaker 3: Tell us where that stands. Now, what are we learning?

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Speaker 4: Well, the military and the government are saying never. Nobody

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Speaker 4: is denying that this is a terrible failure. But they're

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Speaker 4: all saying, we have to focus on what we have

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Speaker 4: to do now. We don't have time right this minute

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Speaker 4: to do an investigation. That said, a few things seem clear.

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Speaker 4: One is that Hamas had been acting like it was

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Speaker 4: much more interested in negotiating and a more peaceful path

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Speaker 4: in the last months and years. Meanwhile, it seems to

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Speaker 4: have been preparing a very, very big attack. And if

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Speaker 4: in fact it turns out that it was that conscious

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Speaker 4: and act of deception, that will certainly be interesting. There

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Speaker 4: was evidence of them practicing for attack, but the army

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Speaker 4: thought it was not serious. The other accusation that I

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Speaker 4: haven't been able to confirm is that because of this

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Speaker 4: government's interest in the settlements in the West Bank, of

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Speaker 4: troops that could have been in the south. So there

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Speaker 4: are a number of things, but one of them i'd

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Speaker 4: say too specific. The one is that Israel and Saudi

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Speaker 4: Arabia were moving toward a mutual recognition to a warmer

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Speaker 4: relationship just the sort of thing that Palestinians feel they're

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Speaker 4: going to be left out in the cold if it

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Speaker 4: goes forward. And the other thing was a sense of

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Speaker 4: division politically inside Israel that led Hamas and its sponsors

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Speaker 4: in Iran to think that this was a moment of

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Speaker 4: weakness that would be worth going after Israel for. So

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Speaker 4: this was a kind of all out attack. It has

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Speaker 4: been such a brutal attack, with so many civilians slaughtered,

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Speaker 4: that Israel is in the process of planning to an

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Speaker 4: equally brutal attack on the Commas military infrastructure. And I

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Speaker 4: think this is going to go on for some months.

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Speaker 2: Of this growing wider and spreading not just there but

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Speaker 2: throughout the region where there may be more ramifications. Yes,

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Speaker 2: how is that risk growing now?

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Speaker 4: Well. Hamas is one of several organizations that are anti

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Speaker 4: Israel that are linked to Iran. Another key one is

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Speaker 4: his Belah in Lebanon and also partly in Syria and Hama,

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Speaker 4: and Iran has been supplying missiles and funding and training

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Speaker 4: to all of these groups. And the sense is the

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Speaker 4: concern is that if there are one hundred and fifty

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Speaker 4: thousand missiles underground in Lebanon that are aimed at Israel

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Speaker 4: that if Israel goes in all out in Gaza, that

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Speaker 4: maybe his Balah will join in. For that reason, partly,

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Speaker 4: the United States sent a fleet to the Eastern Mediterranean

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Speaker 4: to send a message to Iran and to Lebanon not

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Speaker 4: to do so.

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Speaker 3: How does this end? Is there a way out?

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Speaker 4: I am unaware of an way out. As far as

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Speaker 4: I can see. The desire in Israel is for to

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Speaker 4: put an end to any military capacity Hummas will ever

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Speaker 4: have in the future. I find it hard to imagine

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Speaker 4: that the world will be able to persuade Israel not

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Speaker 4: to go ahead with what was going to be a

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Speaker 4: very tough war.

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