1 00:00:02,520 --> 00:00:05,680 Speaker 1: Good morning. I'm Amy Morris and I'm Karen Moscow. Here 2 00:00:05,680 --> 00:00:07,440 Speaker 1: are the stories we're following today. 3 00:00:07,720 --> 00:00:10,399 Speaker 2: First, let's bring you the latest developments on the war 4 00:00:10,440 --> 00:00:13,240 Speaker 2: in the Middle East. Israel has widened its ground offensive 5 00:00:13,320 --> 00:00:15,840 Speaker 2: in Gaza, pressing ahead with what it has called the 6 00:00:16,000 --> 00:00:18,560 Speaker 2: second phase of its war against a moss We get 7 00:00:18,560 --> 00:00:21,200 Speaker 2: the latest now from Bloomberg to Oliver Crook in Tel. 8 00:00:21,040 --> 00:00:22,360 Speaker 3: Aviv over the weekend. 9 00:00:22,360 --> 00:00:24,079 Speaker 4: We had sort of that step up in terms of 10 00:00:24,079 --> 00:00:27,520 Speaker 4: ground activity within Gaza in the fourth week of this conflict, 11 00:00:27,560 --> 00:00:29,560 Speaker 4: and now a new chapter in it, it seems like, 12 00:00:29,600 --> 00:00:32,720 Speaker 4: and that's really how he was described by the Prime Minister. Remember, 13 00:00:32,720 --> 00:00:35,000 Speaker 4: there had been sort of puncture poles and sort of 14 00:00:35,520 --> 00:00:38,080 Speaker 4: slight incursions in the lead up to this, but this 15 00:00:38,200 --> 00:00:40,240 Speaker 4: was really the biggest step up in terms of ground 16 00:00:40,280 --> 00:00:43,280 Speaker 4: troops and tanks going into Gaza, but still falls short 17 00:00:43,400 --> 00:00:46,360 Speaker 4: critically of the full scale invasion that many people had 18 00:00:46,479 --> 00:00:49,159 Speaker 4: envisioned and how this battle was going to go. 19 00:00:49,560 --> 00:00:52,640 Speaker 2: Bloomberg's Oliver Crook in Tel Aviv reports Israel has struck 20 00:00:52,640 --> 00:00:56,120 Speaker 2: more than six hundred militant targets in Gaza in recent days. 21 00:00:56,440 --> 00:00:59,720 Speaker 1: Well, Amy, the military escalation comes as Israel's Prime minister 22 00:01:00,320 --> 00:01:04,319 Speaker 1: criticism over his unwillingness to accept any responsibility for the 23 00:01:04,319 --> 00:01:08,800 Speaker 1: October seventh attack. Benjamin Netanyahu caused controversy with a social 24 00:01:08,840 --> 00:01:12,520 Speaker 1: media post where he pointed the finger at intelligence chiefs 25 00:01:12,520 --> 00:01:15,959 Speaker 1: for the security lapse. He later deleted the post and apologized. 26 00:01:16,120 --> 00:01:19,640 Speaker 1: Net Yahoo, speaking through an interpreter, addressed the nation our 27 00:01:20,080 --> 00:01:21,240 Speaker 1: hero troops. 28 00:01:21,680 --> 00:01:24,560 Speaker 3: They have one supreme main. 29 00:01:24,319 --> 00:01:29,240 Speaker 5: Goal to completely defeat the murderous enemy and to guarantee 30 00:01:29,280 --> 00:01:33,120 Speaker 5: our existence in this country. We've always said never again, 31 00:01:33,560 --> 00:01:35,320 Speaker 5: Never again is now. 32 00:01:35,800 --> 00:01:38,560 Speaker 1: And those comments come as Netanyahu spoke by phone with 33 00:01:38,600 --> 00:01:41,200 Speaker 1: President Biden to discuss developments in Gaza. 34 00:01:41,720 --> 00:01:44,840 Speaker 2: A Russian airport and a majority Muslim region has been 35 00:01:44,880 --> 00:01:48,240 Speaker 2: temporarily shut down after a mob forced its way onto 36 00:01:48,240 --> 00:01:51,440 Speaker 2: the tarmac where, according to reports, a plane from Israel 37 00:01:51,520 --> 00:01:54,840 Speaker 2: had landed. It took hours to restore order. The Russian 38 00:01:54,840 --> 00:01:58,400 Speaker 2: air Transport Agency says the airport will reopen tomorrow, after 39 00:01:58,480 --> 00:02:01,120 Speaker 2: initially saying the regional hub may be closed for a week. 40 00:02:01,720 --> 00:02:03,920 Speaker 1: Well amy back here in the US, House Speaker Mike 41 00:02:04,000 --> 00:02:07,240 Speaker 1: Johnson said he expects the Republican led chamber to pass 42 00:02:07,320 --> 00:02:10,040 Speaker 1: an Israel aid bill this week and he spoke to 43 00:02:10,080 --> 00:02:10,760 Speaker 1: Fox News. 44 00:02:11,160 --> 00:02:15,240 Speaker 6: We passed the resolution, as you noted, in strong support 45 00:02:15,280 --> 00:02:17,680 Speaker 6: of our strong ally and great friend Israel. 46 00:02:17,760 --> 00:02:18,520 Speaker 3: We had to do that. 47 00:02:18,639 --> 00:02:20,880 Speaker 6: And then I flew last night to Las Vegas and 48 00:02:20,919 --> 00:02:24,200 Speaker 6: spoke to the Republican Jewish Coalition, as you noted, to 49 00:02:24,280 --> 00:02:26,880 Speaker 6: send a further signal that this isn't a priority for 50 00:02:26,960 --> 00:02:29,680 Speaker 6: our country and we cannot allow the brutality and the 51 00:02:30,080 --> 00:02:33,760 Speaker 6: just unspeakable evil that is happening against Israel right now 52 00:02:33,760 --> 00:02:34,320 Speaker 6: to continue. 53 00:02:34,360 --> 00:02:35,959 Speaker 3: We're going to stand with our friends. 54 00:02:36,000 --> 00:02:39,040 Speaker 1: And Speaker Johnson added that he believes an Israel only 55 00:02:39,120 --> 00:02:42,160 Speaker 1: bill will also receive bipartisan support in the Senate. 56 00:02:42,600 --> 00:02:44,079 Speaker 2: And let's get you up to date on a couple 57 00:02:44,120 --> 00:02:47,200 Speaker 2: of high profile court cases. First, Donald Trump lost his 58 00:02:47,320 --> 00:02:50,160 Speaker 2: latest attempt to delay the partial gag order on him 59 00:02:50,320 --> 00:02:54,240 Speaker 2: in his January sixth trial. Bloomberg's ed Baxter with that story. 60 00:02:54,440 --> 00:02:58,600 Speaker 7: The partial gag order bars him from publicly criticizing prosecutors 61 00:02:58,639 --> 00:03:03,040 Speaker 7: potential witnesses in court. Staff US District Judge Tanya Chutkin's 62 00:03:03,080 --> 00:03:06,440 Speaker 7: ruling will immediately go into effect unless a higher court intervenes. 63 00:03:06,960 --> 00:03:09,800 Speaker 7: Trump attorneys are expected to ask a federal appeals court 64 00:03:09,840 --> 00:03:13,079 Speaker 7: to immediately step in the order was paused as a 65 00:03:13,160 --> 00:03:16,680 Speaker 7: judge allowed further arguments. Prosecutors argue for a tighter gag, 66 00:03:17,000 --> 00:03:19,880 Speaker 7: as they say a post regarding former chief of staff 67 00:03:19,919 --> 00:03:23,000 Speaker 7: Mark Meadows, who flipped last week, would have violated the 68 00:03:23,120 --> 00:03:26,040 Speaker 7: order if it were in effect ed. 69 00:03:26,080 --> 00:03:29,799 Speaker 1: Baxter Bloomberg Radio all right ed thanks another trial news. 70 00:03:29,960 --> 00:03:33,480 Speaker 1: FTX co founder Sam Bankman Freed returns to the stand today. 71 00:03:33,600 --> 00:03:37,920 Speaker 1: He'll likely face a bruising cross examination from prosecutors after 72 00:03:37,960 --> 00:03:41,080 Speaker 1: his Friday testimony, where he admitted to mistakes but said 73 00:03:41,280 --> 00:03:44,760 Speaker 1: he didn't commit fraud. The case against Bankman Freed centers 74 00:03:44,760 --> 00:03:48,920 Speaker 1: on allegedly fraudulent transfers of billions in FTX customer funds 75 00:03:48,920 --> 00:03:52,080 Speaker 1: to an affiliated hedge fund, Alimeter Research, in which he 76 00:03:52,080 --> 00:03:53,440 Speaker 1: held at ninety percent interest. 77 00:03:54,120 --> 00:03:56,520 Speaker 2: Turning to the market's futures are higher as we begin 78 00:03:56,520 --> 00:03:58,920 Speaker 2: a new trading week, S and P five hundred to 79 00:03:59,040 --> 00:04:02,120 Speaker 2: enter da technic correction on Friday, with the benchmark closing 80 00:04:02,160 --> 00:04:05,320 Speaker 2: ten percent below a recent peak. Morgan Stanley's Mike Wilson 81 00:04:05,320 --> 00:04:07,800 Speaker 2: says investors hoping for a boost to stocks by the 82 00:04:07,880 --> 00:04:10,680 Speaker 2: end of the year will be disappointed. Wilson says profit 83 00:04:10,720 --> 00:04:13,839 Speaker 2: expectations are too high for the fourth quarter and next year. 84 00:04:14,200 --> 00:04:14,600 Speaker 3: Melami. 85 00:04:14,640 --> 00:04:16,800 Speaker 1: The direction of the equity market may be determined in 86 00:04:16,839 --> 00:04:19,680 Speaker 1: part by some key events on the economic calendar. We 87 00:04:19,720 --> 00:04:22,000 Speaker 1: get a preview from Bloomberg's Michael McKee. 88 00:04:22,080 --> 00:04:25,160 Speaker 8: House prices and consumer confidence lead the way tomorrow before 89 00:04:25,160 --> 00:04:30,159 Speaker 8: a big Wednesday ADP, employment, jolt's, job openings, and ism manufacturing. 90 00:04:30,720 --> 00:04:33,880 Speaker 8: Thursday we get productivity and jobless claims, and Friday brings 91 00:04:33,920 --> 00:04:38,560 Speaker 8: everyone's favorite indicator, the October jobs report. Normally that might 92 00:04:38,640 --> 00:04:41,240 Speaker 8: be the big event of the week, but two Wednesday 93 00:04:41,279 --> 00:04:44,760 Speaker 8: events will overshadow it. The Fed always gets huge attention 94 00:04:44,880 --> 00:04:47,800 Speaker 8: even though nobody on Wall Street thinks they'll do anything 95 00:04:47,880 --> 00:04:52,160 Speaker 8: this week, and Treasury's refunding announcement how much they'll borrow 96 00:04:52,200 --> 00:04:55,520 Speaker 8: of what bonds this quarter. Debts are so high it 97 00:04:55,600 --> 00:04:59,559 Speaker 8: could be a major market moving event. Michael McKee, Bloomberg Radio. 98 00:05:00,040 --> 00:05:00,680 Speaker 3: I thank you, Mike. 99 00:05:00,720 --> 00:05:03,359 Speaker 2: In Europe, shares of HSBC are down a quarter of 100 00:05:03,400 --> 00:05:06,520 Speaker 2: a percent profit MYSSED estimates, but the bank did announce 101 00:05:06,520 --> 00:05:07,840 Speaker 2: a fresh buyback program. 102 00:05:08,040 --> 00:05:10,640 Speaker 3: We spoke with CEO Noel Quinn very. 103 00:05:10,520 --> 00:05:14,279 Speaker 9: Pleased with the three billion dollar buyback that we've announced today. 104 00:05:14,320 --> 00:05:16,320 Speaker 9: Up to three billion dollars. That takes it to seven 105 00:05:16,400 --> 00:05:19,360 Speaker 9: billion for the full year. And I'm also pleased that 106 00:05:19,400 --> 00:05:21,400 Speaker 9: we've announced another ten cents dividends. 107 00:05:22,400 --> 00:05:25,960 Speaker 2: AHSBC chief executive Noel Quinn suggested there may be more 108 00:05:26,000 --> 00:05:26,920 Speaker 2: buybacks to come. 109 00:05:27,400 --> 00:05:29,359 Speaker 1: Well, Lamey, there's more labor problems at one of the 110 00:05:29,360 --> 00:05:33,720 Speaker 1: big automakers. Workers at Stalantis's Canadian plants went on strike 111 00:05:33,760 --> 00:05:36,200 Speaker 1: after failing to reach a new contract by a Sunday 112 00:05:36,240 --> 00:05:40,000 Speaker 1: night deadline. UNI four, which represents Canadian autoworkers. As the 113 00:05:40,040 --> 00:05:43,200 Speaker 1: strike involves more than eighty two hundred members, it gives 114 00:05:43,200 --> 00:05:46,000 Speaker 1: the automaker a new labor headache just days after it's 115 00:05:46,000 --> 00:05:48,839 Speaker 1: settled a long walkout with the United Auto Workers in 116 00:05:48,880 --> 00:05:52,480 Speaker 1: the US, and again, futures are on the rise. This morning, 117 00:05:52,520 --> 00:05:55,839 Speaker 1: straight ahead, we have more global headlines, plus a check 118 00:05:55,880 --> 00:05:59,000 Speaker 1: of sports, and this is Bloomberg. 119 00:06:03,880 --> 00:06:04,520 Speaker 3: Thank you, Karen. 120 00:06:04,560 --> 00:06:06,000 Speaker 2: Time now for a look at some of the other 121 00:06:06,040 --> 00:06:08,600 Speaker 2: stories making news in New York and around the world, 122 00:06:08,680 --> 00:06:11,080 Speaker 2: and for that we're joined by Bloomberg's Michael Bark. 123 00:06:11,120 --> 00:06:12,839 Speaker 3: Good morning, Michael, Good morning, Amy. 124 00:06:12,920 --> 00:06:16,039 Speaker 10: More protests were held over the weekend across New York City, 125 00:06:16,120 --> 00:06:19,599 Speaker 10: over the Middle East, crisis. Yesterday in Queens, a rally 126 00:06:19,720 --> 00:06:24,120 Speaker 10: was held by the Bangladeshi community in Ozone Park. On Saturday, 127 00:06:24,160 --> 00:06:31,920 Speaker 10: demonstrators in Manhattan march with Palestinian flags. Hundreds gathered for 128 00:06:32,160 --> 00:06:35,719 Speaker 10: Brooklyn United for Israel rally demanding the release of hostages 129 00:06:35,760 --> 00:06:39,279 Speaker 10: held by Hamas. A huge rally was also held inside 130 00:06:39,400 --> 00:06:43,640 Speaker 10: Grand Central Terminal organized by the group Jewish Voice for Peace. 131 00:06:44,040 --> 00:06:47,560 Speaker 10: Demonstrations were also held in Newark. An autopsy has been 132 00:06:47,600 --> 00:06:50,560 Speaker 10: performed on Matthew Perry, but it could be weeks before 133 00:06:50,600 --> 00:06:54,479 Speaker 10: we know what caused the star's untimely depth. Terry was 134 00:06:54,520 --> 00:06:56,640 Speaker 10: found over the weekend in his hot tub at his 135 00:06:56,680 --> 00:06:59,520 Speaker 10: Los Angeles home in New York City. Fans have been 136 00:06:59,560 --> 00:07:02,400 Speaker 10: showing up in the rain to pay the respects at 137 00:07:02,400 --> 00:07:05,359 Speaker 10: the sight of the famous Friend's apartment building in the 138 00:07:05,360 --> 00:07:08,200 Speaker 10: West Village at the corner of Bedford in Grove Streets. 139 00:07:08,520 --> 00:07:10,720 Speaker 11: Ely Besaides tears were coming. 140 00:07:10,760 --> 00:07:13,920 Speaker 3: Ivy we were thinking about he was very funny. 141 00:07:14,320 --> 00:07:17,280 Speaker 10: Matthew Perry was fifty four. A Long Island man was 142 00:07:17,360 --> 00:07:19,840 Speaker 10: arrested after police say he allegedly pointed a gun at 143 00:07:19,880 --> 00:07:23,040 Speaker 10: a six year old boy after the child mistakenly went 144 00:07:23,080 --> 00:07:26,160 Speaker 10: to the wrong house. Michael Wynn was a rained yesterday 145 00:07:26,200 --> 00:07:29,160 Speaker 10: in charge with menacing and endangering the welfare of a child. 146 00:07:29,560 --> 00:07:33,240 Speaker 10: Authorities saying that the mother was driving her three kids 147 00:07:33,320 --> 00:07:36,880 Speaker 10: and her nephew to a house in Manhasset when they 148 00:07:36,960 --> 00:07:40,400 Speaker 10: apparently dropped off a Halloween goodie bag at the wrong address. 149 00:07:40,920 --> 00:07:44,280 Speaker 10: Police say Win allegedly opened the door and pointed a 150 00:07:44,280 --> 00:07:47,400 Speaker 10: gun at the boy's head. Attention is now being turned 151 00:07:47,440 --> 00:07:51,520 Speaker 10: to missed warning signs in last week's massacre in Lewiston, Maine, 152 00:07:51,520 --> 00:07:55,600 Speaker 10: that killed eighteen people. Police saying the suspected gunman, Robert Card, 153 00:07:56,000 --> 00:08:00,480 Speaker 10: was found dead from an apparent self inflicted gunshot wound. Cohen, 154 00:08:00,520 --> 00:08:04,920 Speaker 10: a former DHS official, sold ABC Card fits the profile 155 00:08:04,960 --> 00:08:05,760 Speaker 10: of a mass shooter. 156 00:08:06,000 --> 00:08:08,360 Speaker 12: This is an individual who is troubled that he was 157 00:08:08,400 --> 00:08:13,960 Speaker 12: exhibiting behaviors that were noticed by family members, people he 158 00:08:14,000 --> 00:08:17,119 Speaker 12: worked with, people in the military, yet he was still 159 00:08:17,160 --> 00:08:20,240 Speaker 12: able to get a gun, and he was still able 160 00:08:20,280 --> 00:08:22,800 Speaker 12: to fall through the cracks in the system and commit 161 00:08:22,840 --> 00:08:23,480 Speaker 12: a mass shooting. 162 00:08:23,680 --> 00:08:26,200 Speaker 10: Meanwhile, more than a thousand people gathered for a Sunday 163 00:08:26,240 --> 00:08:28,840 Speaker 10: evening vigil to remember those killed and wounded in Lewiston. 164 00:08:29,240 --> 00:08:31,920 Speaker 10: Global News twenty four hours a day and whenever you 165 00:08:31,960 --> 00:08:33,400 Speaker 10: want it with Bloomberg News Now. 166 00:08:33,480 --> 00:08:34,240 Speaker 13: I'm Michael Barr. 167 00:08:34,280 --> 00:08:35,360 Speaker 10: This is Bloomberg Amy. 168 00:08:35,520 --> 00:08:37,120 Speaker 2: All right, Thank you, Michael, and we do bring you 169 00:08:37,200 --> 00:08:39,480 Speaker 2: news throughout the day here on Bloomberg Radio. But now 170 00:08:39,520 --> 00:08:42,560 Speaker 2: get the latest news on demand whenever you want it. 171 00:08:42,640 --> 00:08:45,400 Speaker 2: Subscribe to Bloomberg News Now to get the latest headlines 172 00:08:45,440 --> 00:08:48,280 Speaker 2: at the click of a button. Get informed on your schedule. 173 00:08:48,360 --> 00:08:50,800 Speaker 2: You can listen and subscribe to Bloomberg News Now on 174 00:08:50,840 --> 00:08:54,679 Speaker 2: the Bloomberg Business app, Bloomberg dot Com plus apples, Spotify, 175 00:08:55,120 --> 00:09:02,560 Speaker 2: and anywhere else you get your podcasts. Time now for 176 00:09:02,600 --> 00:09:04,720 Speaker 2: the Sports Report, brought to you by Tri State Audi. 177 00:09:04,840 --> 00:09:06,280 Speaker 2: For that, we're bringing John stash Hour. 178 00:09:06,400 --> 00:09:06,959 Speaker 3: Thanks Amy. 179 00:09:06,960 --> 00:09:09,720 Speaker 14: The Jets Giant game was expected to be low scoring. 180 00:09:09,760 --> 00:09:12,560 Speaker 14: Both teams have a stout defense ended an anemic offense, 181 00:09:12,600 --> 00:09:16,320 Speaker 14: but no one could have expected twenty four punts a 182 00:09:16,360 --> 00:09:18,880 Speaker 14: collective four for thirty four on third down of the 183 00:09:18,880 --> 00:09:22,360 Speaker 14: Giants to have negative nine passing yards. Despite that, the 184 00:09:22,360 --> 00:09:24,559 Speaker 14: Giants towards the end were said to have a win 185 00:09:24,640 --> 00:09:27,760 Speaker 14: probability of ninety nine percent. They led by three going 186 00:09:27,800 --> 00:09:29,560 Speaker 14: for a field goal. Zach Wilson of the Jets had 187 00:09:29,600 --> 00:09:32,640 Speaker 14: had only one good offensive play all day, but everything 188 00:09:32,760 --> 00:09:35,839 Speaker 14: changed in the last twenty eight seconds of regulation. The 189 00:09:35,880 --> 00:09:39,320 Speaker 14: thirty five yarder by the normally reliable Graham Ganot was missed. 190 00:09:39,320 --> 00:09:43,880 Speaker 14: Wilson suddenly had consecutive twenty nine yard completions. Greg zerline 191 00:09:43,960 --> 00:09:46,640 Speaker 14: field goal sent the game to overtime, where the Giants 192 00:09:46,679 --> 00:09:48,760 Speaker 14: and Dorry Jackson was called for a thirty yard pass 193 00:09:48,800 --> 00:09:51,160 Speaker 14: interference and the Jets kicked again. 194 00:09:51,720 --> 00:09:55,440 Speaker 15: Stoop clean please continue the kickass up and the tech 195 00:09:55,520 --> 00:09:56,080 Speaker 15: hooks to the. 196 00:09:56,120 --> 00:09:59,160 Speaker 3: Left, but it's gone. 197 00:09:58,480 --> 00:10:03,800 Speaker 15: Inside the left pry for Zerlin and the Jets spit 198 00:10:03,920 --> 00:10:08,880 Speaker 15: it in overtime, and honestly, I'm not sure how it was. 199 00:10:08,920 --> 00:10:11,760 Speaker 14: Headshake Adespo, New York the calleg Jets one thirteen ten. 200 00:10:11,800 --> 00:10:13,480 Speaker 14: They've won three to a rother Giants are two and 201 00:10:13,600 --> 00:10:15,079 Speaker 14: six and may have to play next week with the 202 00:10:15,160 --> 00:10:19,319 Speaker 14: rookie QB Tommy DeVito. Daniel Jones's replacement, Tyrod Taylor, left 203 00:10:19,360 --> 00:10:22,600 Speaker 14: in the first half with injured ribs. Big upset in Denver, 204 00:10:22,679 --> 00:10:25,640 Speaker 14: Broncos beat the Chiefs first time in seventeen meetings, twenty 205 00:10:25,679 --> 00:10:27,520 Speaker 14: four to nine, forty nine ers or five and oh. 206 00:10:27,559 --> 00:10:30,520 Speaker 14: They've lost their last three beaten by Cincinnati. John Stashiewer, 207 00:10:30,559 --> 00:10:31,520 Speaker 14: Bloomberg Sports ten. 208 00:10:32,440 --> 00:10:34,920 Speaker 2: All right, thank you, John. The Bloomberg Sports Report was 209 00:10:34,920 --> 00:10:37,360 Speaker 2: brought to you by Audi. Don't let someone else drive 210 00:10:37,400 --> 00:10:40,240 Speaker 2: off in the Audi model you've always wanted. Visit your 211 00:10:40,240 --> 00:10:42,400 Speaker 2: local Tri state AUDI dealer to get behind the wheel 212 00:10:42,400 --> 00:10:46,160 Speaker 2: of yours today, or visit audioffers dot com for more information. 213 00:10:46,480 --> 00:10:49,000 Speaker 2: Just add on Bloomberg Daybreak the very latest from Tel 214 00:10:49,000 --> 00:10:51,840 Speaker 2: Aviv when we talk with Bloomberg's Ross Matheson, and we'll 215 00:10:51,840 --> 00:10:54,679 Speaker 2: hear from a senior advisor to Prime Minister Benjamin Nott 216 00:10:54,679 --> 00:10:55,240 Speaker 2: in Yahoo. 217 00:10:55,280 --> 00:10:58,720 Speaker 3: You're listening to Bloomberg Daybreak. Futures are higher. 218 00:11:02,840 --> 00:11:05,840 Speaker 13: From coast to coast, from New York to San Francisco, 219 00:11:06,200 --> 00:11:10,840 Speaker 13: Boston to Washington, DC, nationwide on Syria's Exam the Bloomberg 220 00:11:10,880 --> 00:11:12,920 Speaker 13: Business Appen Bloomberg dot Com. 221 00:11:13,080 --> 00:11:17,480 Speaker 3: This is Bloomberg Daybreak. Good morning, I MA anymore. 222 00:11:17,480 --> 00:11:20,360 Speaker 2: As Israel has widened its ground offensive, end guards are 223 00:11:20,440 --> 00:11:22,920 Speaker 2: pressing ahead with what it is calling the second phase 224 00:11:23,200 --> 00:11:25,440 Speaker 2: of its war against Hamas we are joined now by 225 00:11:25,480 --> 00:11:29,640 Speaker 2: Bloomberg's Roz Mathieson and Ras. Israel calls this the second phase. 226 00:11:29,640 --> 00:11:32,080 Speaker 2: But what does that involve well what. 227 00:11:32,000 --> 00:11:34,680 Speaker 16: We know, it just doesn't involve an expanded operation on 228 00:11:34,760 --> 00:11:37,880 Speaker 16: the ground inside Gars and more troops, more tanks going 229 00:11:37,920 --> 00:11:41,480 Speaker 16: in where they continue their aerial bombardmer But what's interesting 230 00:11:41,520 --> 00:11:44,480 Speaker 16: in this is that it's not the full throated ground 231 00:11:44,520 --> 00:11:47,120 Speaker 16: war that we perhaps are expecting a week or two ago. 232 00:11:47,240 --> 00:11:50,440 Speaker 16: We know Israel had masked hundreds of thousands of soldiers 233 00:11:50,440 --> 00:11:52,320 Speaker 16: near the border with Gars, are an awful lot of 234 00:11:52,360 --> 00:11:55,440 Speaker 16: equipment in the area, and so far they haven't sent 235 00:11:55,520 --> 00:11:58,480 Speaker 16: in that kind of number of troops, and they're doing 236 00:11:58,520 --> 00:12:01,959 Speaker 16: more target operations on the ground. That said, it is 237 00:12:02,000 --> 00:12:04,680 Speaker 16: an escalation from what we had a few days ago, 238 00:12:04,720 --> 00:12:07,960 Speaker 16: and the warning from the Israeli officials and the military 239 00:12:08,000 --> 00:12:10,800 Speaker 16: is that this could take many many weeks, if not 240 00:12:10,920 --> 00:12:14,280 Speaker 16: months in terms of their operation on the ground. Meanwhile, 241 00:12:14,280 --> 00:12:16,679 Speaker 16: and all of that, we're seeing even greater evidence that 242 00:12:16,760 --> 00:12:21,520 Speaker 16: the humanitarian situation for those inside Gaza is deteriorating further. 243 00:12:22,160 --> 00:12:24,360 Speaker 2: Now, this is not the full scale invasion, as you 244 00:12:24,480 --> 00:12:27,560 Speaker 2: just explained, and it is more measured, more targeted. So 245 00:12:27,640 --> 00:12:30,920 Speaker 2: is Israel maybe backing off of the idea of that 246 00:12:31,000 --> 00:12:32,400 Speaker 2: full scale invasion. 247 00:12:33,240 --> 00:12:36,320 Speaker 16: Well, it certainly is a more significant operation on the 248 00:12:36,320 --> 00:12:38,160 Speaker 16: ground than it was. As I said a couple of 249 00:12:38,200 --> 00:12:41,160 Speaker 16: days ago, they said they struck more than six hundred 250 00:12:41,200 --> 00:12:45,479 Speaker 16: targets in Gaza in recent days. That includes weapons depots 251 00:12:45,520 --> 00:12:48,840 Speaker 16: and missile sites and so on. It's talked about saying 252 00:12:48,840 --> 00:12:52,120 Speaker 16: that it's taken out quite a number of Hamas fighters. 253 00:12:52,160 --> 00:12:55,360 Speaker 16: It's also conducting raids in the West Bank and clashing 254 00:12:55,840 --> 00:12:58,800 Speaker 16: with militant fairs. So it's not a small scale military operation, 255 00:12:58,920 --> 00:13:02,480 Speaker 16: but it's not the level that perhaps we expected. They 256 00:13:02,480 --> 00:13:06,920 Speaker 16: are still maintaining that their ultimate goal is to decimate Hamas, 257 00:13:06,960 --> 00:13:09,720 Speaker 16: to make sure that an attack that happened on October 258 00:13:09,720 --> 00:13:10,920 Speaker 16: seven can never happen again. 259 00:13:11,640 --> 00:13:13,520 Speaker 2: And let's look at the risk of this expanding. The 260 00:13:13,559 --> 00:13:17,120 Speaker 2: Biden administration preparing for the possibility of the war expanding 261 00:13:17,160 --> 00:13:20,920 Speaker 2: across the Middle East. What are some of the signals 262 00:13:20,920 --> 00:13:24,079 Speaker 2: that we have seen that this is actually starting to bleed. 263 00:13:23,840 --> 00:13:27,440 Speaker 16: Over Well, so far, we are seeing around, for example, 264 00:13:27,559 --> 00:13:31,080 Speaker 16: make those threats it could open up multiple fronts in 265 00:13:31,120 --> 00:13:35,400 Speaker 16: the region. We're still seeing some attacks coming from outfits 266 00:13:35,440 --> 00:13:39,240 Speaker 16: proxy outfits for around in places like Syria, we're seeing 267 00:13:39,280 --> 00:13:43,920 Speaker 16: Hesbela still engage in firefights with Israeli forces from the North, 268 00:13:43,960 --> 00:13:47,439 Speaker 16: but we haven't seen a real step up in that activity. 269 00:13:47,480 --> 00:13:51,200 Speaker 16: We're not seeing hes Bala utilize the full force of 270 00:13:51,240 --> 00:13:56,319 Speaker 16: its machinery. It's got some very highly sophisticated missiles, for example. 271 00:13:56,440 --> 00:13:58,319 Speaker 16: So we're seeing a lot of threats at the moment 272 00:13:58,360 --> 00:14:02,400 Speaker 16: that it could still bleed into a broader conflict, and 273 00:14:02,440 --> 00:14:05,719 Speaker 16: that remains a high concern for all, but so far 274 00:14:05,800 --> 00:14:08,200 Speaker 16: we're not seeing real evidence that that's starting to happen. 275 00:14:09,240 --> 00:14:11,960 Speaker 2: Israeli Prime Minister Benjamin Natanyahu, as you know, has been 276 00:14:12,000 --> 00:14:15,359 Speaker 2: facing criticism and a lot of pressure over his unwillingness 277 00:14:15,440 --> 00:14:18,400 Speaker 2: to accept any responsibility for that attack back in October. 278 00:14:18,960 --> 00:14:21,840 Speaker 2: Is there a risk that Israel may find itself more 279 00:14:21,920 --> 00:14:24,359 Speaker 2: isolated as it goes further. 280 00:14:25,240 --> 00:14:27,720 Speaker 16: Well, we are seeing that idea of a unity government 281 00:14:27,960 --> 00:14:31,600 Speaker 16: in Israel already potentially start to fray. As you mentioned 282 00:14:32,440 --> 00:14:35,560 Speaker 16: the Prime Minister Benjamin net Now, he tweeted in the 283 00:14:35,560 --> 00:14:38,000 Speaker 16: middle of the night saying that the security forces were 284 00:14:38,000 --> 00:14:41,480 Speaker 16: responsible for the lapses that allowed the October seven attack. 285 00:14:41,480 --> 00:14:45,080 Speaker 16: He then had to retract that tweet and apologize against 286 00:14:45,080 --> 00:14:49,920 Speaker 16: a wall of criticism inside Israel. So perhaps questions about 287 00:14:49,960 --> 00:14:54,600 Speaker 16: ongoing political unity inside Israel, but outside Israel. Also, you 288 00:14:54,680 --> 00:14:59,560 Speaker 16: are seeing those very significant expressions of concern coming from Europe, 289 00:14:59,560 --> 00:15:02,320 Speaker 16: the US and elsewhere and also Arab nations in the 290 00:15:02,360 --> 00:15:05,640 Speaker 16: region about the state of life inside Gaza for people 291 00:15:05,720 --> 00:15:10,200 Speaker 16: who were there, and concerns about the humanitarian situation. So 292 00:15:10,520 --> 00:15:13,080 Speaker 16: you are still seeing that way to support from the 293 00:15:13,200 --> 00:15:16,480 Speaker 16: US and Europe for Israel in the aftermath of the attack, 294 00:15:16,560 --> 00:15:19,880 Speaker 16: But as time goes on, that is being eroded somewhat 295 00:15:19,920 --> 00:15:23,560 Speaker 16: about concerns about the level of the catastrophe inside Gaza. 296 00:15:23,920 --> 00:15:26,760 Speaker 2: All right, Bloomberg's ros mathieson with the latest in Israel. 297 00:15:26,800 --> 00:15:28,760 Speaker 2: Thank you so much for that, And as that war 298 00:15:29,280 --> 00:15:33,240 Speaker 2: enters its second phase, Israeli Prime Minister Benjamin nat Yahoo apologizing, 299 00:15:33,280 --> 00:15:36,760 Speaker 2: as Rod's just explained, for that social media post in 300 00:15:36,800 --> 00:15:39,720 Speaker 2: which he failed to accept responsibility for the terrorist attack 301 00:15:39,760 --> 00:15:43,440 Speaker 2: on October seventh. Now earlier today, our Caroline Hacker spoke 302 00:15:43,480 --> 00:15:46,640 Speaker 2: with Mark Regev, senior advisor to net Yahoo about that 303 00:15:46,720 --> 00:15:50,200 Speaker 2: social media post and other aspects of the war. They 304 00:15:50,200 --> 00:15:53,640 Speaker 2: talked about long term goals for security and peace, humanitarian 305 00:15:53,680 --> 00:15:55,440 Speaker 2: aid for Gaza, US support. 306 00:15:55,680 --> 00:15:57,040 Speaker 3: Let's go to part of that discussion. 307 00:15:57,760 --> 00:15:59,960 Speaker 17: We haven't released any information yet, but what I heard 308 00:16:00,120 --> 00:16:03,560 Speaker 17: last night was so far we've been doing well, and 309 00:16:03,600 --> 00:16:06,600 Speaker 17: that's important for us obviously, But our goal is of 310 00:16:06,680 --> 00:16:11,400 Speaker 17: course to take on Camas, to destroy its military machine 311 00:16:11,760 --> 00:16:12,600 Speaker 17: and to remove it. 312 00:16:12,520 --> 00:16:14,040 Speaker 18: From power there on the Gaza Strip. 313 00:16:14,120 --> 00:16:16,880 Speaker 17: We refuse in Israel to return to a situation where 314 00:16:16,880 --> 00:16:21,200 Speaker 17: we've got this terrorist enclad on our southern border that 315 00:16:21,200 --> 00:16:25,000 Speaker 17: at will will attack us, at will, will send rockets 316 00:16:25,000 --> 00:16:28,240 Speaker 17: into Israel to target our cities, at will will send 317 00:16:28,280 --> 00:16:30,720 Speaker 17: its killers into our country to massacre our people. 318 00:16:30,800 --> 00:16:32,280 Speaker 18: We won't stand for that anymore. 319 00:16:32,600 --> 00:16:35,800 Speaker 17: We will take on Kamas, we will destroy its capabilities 320 00:16:35,840 --> 00:16:36,480 Speaker 17: to hurt us. 321 00:16:36,800 --> 00:16:39,480 Speaker 11: What efforts are being made to negotiate the release of 322 00:16:39,560 --> 00:16:43,000 Speaker 11: hostages now as the ground offensive has widened in the 323 00:16:43,040 --> 00:16:47,200 Speaker 11: last couple of days, do you expect any more hostages 324 00:16:47,240 --> 00:16:49,520 Speaker 11: to be released by hamas well? 325 00:16:49,520 --> 00:16:52,760 Speaker 17: First of all, I don't expect Tamas to suddenly change. 326 00:16:52,800 --> 00:16:55,880 Speaker 17: They're not going to become humanitarians. Yes, they are a 327 00:16:55,960 --> 00:16:59,360 Speaker 17: brutal terrorist organization, and we saw vividly the sort of 328 00:16:59,440 --> 00:17:02,440 Speaker 17: violence that capable of, the brutal violence that they're capable 329 00:17:02,520 --> 00:17:06,439 Speaker 17: of when they attacked Israel on October seventh. So we 330 00:17:06,480 --> 00:17:08,960 Speaker 17: have no illusions about Kamas we think we'll get our 331 00:17:08,960 --> 00:17:12,760 Speaker 17: hostages out by ratcheting up the pressure on Hamas, the 332 00:17:12,800 --> 00:17:16,119 Speaker 17: military pressure, the diplomatic pressure on its allies. 333 00:17:16,359 --> 00:17:18,600 Speaker 18: We think that's the best way to get our people home. 334 00:17:19,000 --> 00:17:21,919 Speaker 17: And of course, as our operation continues, and as our 335 00:17:21,960 --> 00:17:27,040 Speaker 17: operation expands, the efforts to get the hostages released will continue. 336 00:17:27,440 --> 00:17:29,880 Speaker 11: You are close to Benjamin Latanier, who is his advisor, 337 00:17:29,960 --> 00:17:31,639 Speaker 11: of course, and you're in the room at many of 338 00:17:31,680 --> 00:17:36,000 Speaker 11: the important moments and meetings. Benjamin Netanya, who over the 339 00:17:36,000 --> 00:17:39,040 Speaker 11: weekend issued this very rare apology for a tweet in 340 00:17:39,080 --> 00:17:43,040 Speaker 11: which he blamed Israel's security forces and intelligence of failing 341 00:17:43,040 --> 00:17:46,400 Speaker 11: to anticipate the Hamas attack on the seventh of October. 342 00:17:46,440 --> 00:17:49,600 Speaker 11: How much pressure is Netanyahu under now to resign. 343 00:17:50,960 --> 00:17:53,160 Speaker 18: I'm not aware of any pressure for him to resign. 344 00:17:53,680 --> 00:17:56,480 Speaker 17: I would say this, Yes, it's clear that we're failures 345 00:17:56,480 --> 00:18:00,280 Speaker 17: on the Israeli side. They took us by surprise on 346 00:18:00,960 --> 00:18:05,439 Speaker 17: October seventh. We didn't have an intelligence warning. That's clear. 347 00:18:05,840 --> 00:18:08,399 Speaker 17: When they crossed our border. They butchered our people, and 348 00:18:08,520 --> 00:18:10,159 Speaker 17: Israelis want to know how this happened. 349 00:18:10,200 --> 00:18:10,320 Speaker 18: Now. 350 00:18:10,320 --> 00:18:12,840 Speaker 17: Obviously the Prime Minister is at the top, and he 351 00:18:12,920 --> 00:18:16,040 Speaker 17: has overall responsibility. But it's clear that when this is over, 352 00:18:16,160 --> 00:18:17,679 Speaker 17: we're going to have to look at all the lessons 353 00:18:17,760 --> 00:18:20,760 Speaker 17: learned and have a thorough investigation of what happened, where 354 00:18:20,800 --> 00:18:23,679 Speaker 17: everyone in all positions of authority will be held accountable. 355 00:18:23,800 --> 00:18:26,480 Speaker 11: Iran's foreign minister has been speaking to Bloomberg. He spoke 356 00:18:26,520 --> 00:18:29,640 Speaker 11: to us on Friday. He said that if the United 357 00:18:29,680 --> 00:18:32,240 Speaker 11: States continues what it has been doing so far, in 358 00:18:32,280 --> 00:18:36,560 Speaker 11: other words, support for Israel, then quote new fronts would 359 00:18:36,560 --> 00:18:39,520 Speaker 11: be opened up against the United States. How much of 360 00:18:39,560 --> 00:18:42,720 Speaker 11: a concern are comments like that to you. 361 00:18:43,520 --> 00:18:46,639 Speaker 17: I think it's exactly opposite, the fact that the United 362 00:18:46,720 --> 00:18:50,119 Speaker 17: States has sent its two aircraft carrier groups to the 363 00:18:50,160 --> 00:18:53,160 Speaker 17: Middle East, the fact that the United States has worn 364 00:18:53,280 --> 00:18:56,920 Speaker 17: the Iranians. Don't use Gaza as an excuse to try 365 00:18:56,960 --> 00:18:59,400 Speaker 17: to start something new. I think that's going to keep 366 00:18:59,400 --> 00:19:03,000 Speaker 17: the peace. Our policy is victory in the south, and 367 00:19:03,040 --> 00:19:05,680 Speaker 17: we will win victory over Kamas and the gas strip 368 00:19:05,680 --> 00:19:10,040 Speaker 17: and to deter any possible offensive from Grizibella. 369 00:19:09,680 --> 00:19:11,440 Speaker 18: Or Iran in the north. 370 00:19:12,000 --> 00:19:14,840 Speaker 17: And as it's been reported, Israel has been fighting back, 371 00:19:15,080 --> 00:19:17,920 Speaker 17: hitting targets when we've been attacked by Islaar and even 372 00:19:17,920 --> 00:19:20,440 Speaker 17: from Syria. Last night, but we don't want a larger 373 00:19:20,520 --> 00:19:23,080 Speaker 17: escalation in the north, but we are ready. 374 00:19:23,400 --> 00:19:26,200 Speaker 11: The US, though, has said that Israel and its military 375 00:19:26,280 --> 00:19:29,159 Speaker 11: should be taking every possible means available to them to 376 00:19:29,280 --> 00:19:33,600 Speaker 11: distinguish between Harmas, should the US cause terrorists who are 377 00:19:33,680 --> 00:19:37,919 Speaker 11: legitimate military targets, in their words, distinguish between Hamas and 378 00:19:38,000 --> 00:19:42,720 Speaker 11: civilians who are not are not targets. Is Israel doing that. 379 00:19:42,840 --> 00:19:47,119 Speaker 11: Israel has also promised significantly more humanitarian aid. What is 380 00:19:47,280 --> 00:19:49,760 Speaker 11: the realistic time frame for when that happens. 381 00:19:50,119 --> 00:19:54,320 Speaker 17: So we accept that we want to attack and destroy Hamas, 382 00:19:54,359 --> 00:19:57,360 Speaker 17: and we want to make every maximum every effort possible 383 00:19:57,760 --> 00:20:00,480 Speaker 17: to keep civilians out of the crossfire between the idea 384 00:20:00,520 --> 00:20:03,840 Speaker 17: of these rather defense forces than the Kammas terrorists, and 385 00:20:04,280 --> 00:20:07,600 Speaker 17: that's why we've been calling upon urging Gars and civilians 386 00:20:07,600 --> 00:20:10,000 Speaker 17: to leave combat zone, specifically in the north where we 387 00:20:10,080 --> 00:20:12,200 Speaker 17: know there is going to be heavy fighting. We want 388 00:20:12,200 --> 00:20:14,680 Speaker 17: to get them out of Harmer's way. At the same time, 389 00:20:14,920 --> 00:20:18,119 Speaker 17: it must be said that Ramas is doing everything possible to. 390 00:20:18,920 --> 00:20:20,720 Speaker 18: Tell people not to leave, that they have to. 391 00:20:20,640 --> 00:20:24,560 Speaker 17: Be martyrs for Ramas's crazy extremist cause, and they've actually 392 00:20:24,600 --> 00:20:28,760 Speaker 17: put up roadblocks to physically prevent people from leaving areas 393 00:20:28,760 --> 00:20:30,040 Speaker 17: of combat from going south. 394 00:20:30,440 --> 00:20:33,320 Speaker 11: What do you say to the UN call and many 395 00:20:33,320 --> 00:20:35,959 Speaker 11: other countries who are calling for a cea spar that actually, 396 00:20:36,000 --> 00:20:39,560 Speaker 11: more bloodshed is not the way to bring about peace 397 00:20:39,600 --> 00:20:43,960 Speaker 11: after so many other wars. What do you say to them, Well. 398 00:20:43,800 --> 00:20:46,200 Speaker 17: If they can tell me another way to dismantle Cammas's 399 00:20:46,280 --> 00:20:48,560 Speaker 17: military machine, I'm very glad to hear it, But at 400 00:20:48,560 --> 00:20:51,040 Speaker 17: the moment, there is no other way. And those who 401 00:20:51,080 --> 00:20:54,119 Speaker 17: call for a cease file in the current situation. It 402 00:20:54,200 --> 00:20:57,240 Speaker 17: might sound good, and I understand why people might think, oh, 403 00:20:57,240 --> 00:20:59,919 Speaker 17: that's a wonderful idea, let's stop shooting, But that basically 404 00:21:00,520 --> 00:21:03,359 Speaker 17: just returns us to October seventh or sixth in the morning, 405 00:21:03,800 --> 00:21:06,760 Speaker 17: where Israel has this terroced enclave on our southern border 406 00:21:07,800 --> 00:21:11,600 Speaker 17: run by Kamas, which is like Isis on steroids. We 407 00:21:11,880 --> 00:21:13,920 Speaker 17: saw the violence they were capable of that, We saw 408 00:21:13,960 --> 00:21:16,919 Speaker 17: the brutality. We saw the rapes and the murders and 409 00:21:17,040 --> 00:21:22,240 Speaker 17: burning people alive, and the massacres. We refuse. People have 410 00:21:22,280 --> 00:21:25,879 Speaker 17: to understand Israel refuses to return to that situation. 411 00:21:26,280 --> 00:21:29,200 Speaker 11: What is the post war plan for Gaza exactly? 412 00:21:29,760 --> 00:21:32,520 Speaker 17: So we don't want to have, you know, to stay 413 00:21:32,520 --> 00:21:35,440 Speaker 17: there forever, but we will. We will stay there as 414 00:21:35,440 --> 00:21:38,879 Speaker 17: long as we need to destroy Kamas's military machine, and 415 00:21:38,920 --> 00:21:40,600 Speaker 17: that is the goal of this operation. 416 00:21:40,880 --> 00:21:45,080 Speaker 11: And so it would mean Israeli forces in Gaza for 417 00:21:45,200 --> 00:21:46,879 Speaker 11: an indefinite period of time. 418 00:21:47,160 --> 00:21:49,280 Speaker 17: I wouldn't put it that way, but as long as 419 00:21:49,400 --> 00:21:54,320 Speaker 17: our military operations are necessary to destroy Kamas's military machine. 420 00:21:54,359 --> 00:21:56,520 Speaker 18: Once again, we have no intention of staying there. We 421 00:21:56,600 --> 00:21:59,480 Speaker 18: have no desire to rule the Gaza strip in. 422 00:21:59,440 --> 00:22:02,800 Speaker 2: Any sort of That was Mark Redjeff, Senior advisor to 423 00:22:02,920 --> 00:22:06,840 Speaker 2: Israeli Prime Minister Benjamin det Yahoo, speaking with our Caroline Heffger. 424 00:22:06,920 --> 00:22:11,000 Speaker 2: Listen back to that entire conversation on the Bloomberg Talks podcast. 425 00:22:11,280 --> 00:22:15,480 Speaker 2: Download that program wherever you get your podcasts. 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