1 00:00:02,520 --> 00:00:10,479 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. This is the Bloomberg 2 00:00:10,560 --> 00:00:13,880 Speaker 1: Daybreak Europe podcast. Good morning, It's Tuesday, the seventh of April. 3 00:00:13,880 --> 00:00:17,680 Speaker 1: I'm Stephen Carolyn London. Coming up today. US President Donald 4 00:00:17,720 --> 00:00:20,079 Speaker 1: Trump gives a rand less than twenty four hours to 5 00:00:20,160 --> 00:00:22,959 Speaker 1: open the Strait of Horror moos or face the obliteration 6 00:00:23,079 --> 00:00:27,280 Speaker 1: of its infrastructure. As energy prices spiral, Germany joins Italy, 7 00:00:27,320 --> 00:00:30,160 Speaker 1: Spain and others in calling for an EU wide tax 8 00:00:30,240 --> 00:00:35,520 Speaker 1: on windfall profits plus to infinity, beyond and back again. 9 00:00:35,880 --> 00:00:39,199 Speaker 1: The Artemis astronauts head back to Earth after their record 10 00:00:39,200 --> 00:00:42,559 Speaker 1: breaking trip around the Moon. Let's start with a roundup 11 00:00:42,640 --> 00:00:45,159 Speaker 1: of our top stories. They're now just hours to go 12 00:00:45,240 --> 00:00:48,120 Speaker 1: until US President Trump's deadline for Iran to open the 13 00:00:48,120 --> 00:00:51,960 Speaker 1: Strait of Horror moves or face further attacks on civilian infrastructure. 14 00:00:52,280 --> 00:00:54,960 Speaker 1: Trump hasitioned an ultimatum for Tehran to agree to his 15 00:00:55,040 --> 00:00:58,600 Speaker 1: demands by eight pm Washington time tonight one am tomorrow 16 00:00:58,600 --> 00:01:02,800 Speaker 1: in London or risk escalation. Speaking from the White House, 17 00:01:02,800 --> 00:01:05,280 Speaker 1: the President further ramped up his rhetoric, saying it would 18 00:01:05,280 --> 00:01:07,639 Speaker 1: take just hours to fully deliver on his threat. 19 00:01:08,400 --> 00:01:13,800 Speaker 2: Every bridge in Iran will be decimated by twelve o'clock tomorrow, 20 00:01:13,800 --> 00:01:17,039 Speaker 2: and I where every power plant in Iran will be 21 00:01:17,240 --> 00:01:21,400 Speaker 2: out of business, arning exploding, and never to be used again. 22 00:01:21,520 --> 00:01:24,959 Speaker 2: I mean complete demolition by twelve o'clock and it'll happen 23 00:01:25,000 --> 00:01:27,080 Speaker 2: over a period of four hours if we wanted to. 24 00:01:27,319 --> 00:01:30,440 Speaker 1: While the US President has frequently shifted deadlines and threatened 25 00:01:30,480 --> 00:01:33,280 Speaker 1: actions in the past, he says it is highly unlikely 26 00:01:33,319 --> 00:01:37,160 Speaker 1: this deadline will be extended again. Attacking civilian infrastructure is 27 00:01:37,200 --> 00:01:40,080 Speaker 1: barred by the Geneva Conventions, but Trump said he was 28 00:01:40,360 --> 00:01:44,399 Speaker 1: not at all concerned about committing war crimes. The US 29 00:01:44,480 --> 00:01:47,680 Speaker 1: president's self imposed deadline marks the latest pivotal moment in 30 00:01:47,720 --> 00:01:50,800 Speaker 1: the war, now in its second month. Earlier yesterday, Around 31 00:01:50,880 --> 00:01:54,640 Speaker 1: refused to agree to cease fire terms relate via Pakistan, 32 00:01:54,880 --> 00:01:57,960 Speaker 1: which has been mediating efforts to end the conflict. Smel 33 00:01:58,040 --> 00:02:00,960 Speaker 1: Bagai is spokesman for the Uranian Forum Innistry. His words 34 00:02:00,960 --> 00:02:02,320 Speaker 1: are spoken by a translator. 35 00:02:02,760 --> 00:02:07,920 Speaker 3: Negotiations are entirely incompatible with ultimatums crimes and threats of 36 00:02:07,960 --> 00:02:08,640 Speaker 3: war crimes. 37 00:02:09,000 --> 00:02:11,600 Speaker 1: This Melburgh guy speaking there as leaders in Tehran are 38 00:02:11,600 --> 00:02:14,000 Speaker 1: said to have called for a permanent end to the war. 39 00:02:14,320 --> 00:02:16,520 Speaker 1: They say they will only allow shipping to resume through 40 00:02:16,520 --> 00:02:19,840 Speaker 1: the Strait of Hormuz once they receive compensation for the 41 00:02:19,919 --> 00:02:23,240 Speaker 1: damage caused by the conflict. More than five thousand people 42 00:02:23,280 --> 00:02:25,519 Speaker 1: have been killed in the war, almost three quarters of 43 00:02:25,560 --> 00:02:29,200 Speaker 1: them in Iran, according to government organizations and US based 44 00:02:29,320 --> 00:02:33,160 Speaker 1: human rights activists News Agency. More than one four hundred 45 00:02:33,160 --> 00:02:35,560 Speaker 1: people have been killed in Lebanon, while dozens of others 46 00:02:35,560 --> 00:02:40,040 Speaker 1: have died across Gulfarab states and in Israel. Five European 47 00:02:40,120 --> 00:02:43,840 Speaker 1: Union countries are pushing for an EU wide effort to 48 00:02:43,960 --> 00:02:48,480 Speaker 1: tax windfall energy profits. The joint call comes as firms 49 00:02:48,600 --> 00:02:51,639 Speaker 1: reap gains as a result of the US Israeli war 50 00:02:51,680 --> 00:02:54,680 Speaker 1: under Iran. Bloomberg's tiwa at a Baio has the story. 51 00:02:55,360 --> 00:02:59,160 Speaker 4: The finance ministers of Germany, Italy, Spain and Portugal have 52 00:02:59,240 --> 00:03:02,000 Speaker 4: written to the e USE Climate Commissioner over the weekend 53 00:03:02,480 --> 00:03:06,639 Speaker 4: calling for energy firm windfall taxes amidst the Middle East conflict. 54 00:03:07,280 --> 00:03:10,040 Speaker 4: In a letter seen by Bloomberg, they said the levees 55 00:03:10,080 --> 00:03:12,960 Speaker 4: would send a clear message that those who profit from 56 00:03:13,000 --> 00:03:17,760 Speaker 4: the consequences of war should ease its burden, without specifying details, 57 00:03:17,760 --> 00:03:21,320 Speaker 4: and ministers also referenced a similar measure introduced in twenty 58 00:03:21,400 --> 00:03:25,160 Speaker 4: twenty two after gas price is swored following Russia's full 59 00:03:25,200 --> 00:03:29,600 Speaker 4: scale invasion of Ukraine. The EU's Energy commissioner said last 60 00:03:29,600 --> 00:03:32,959 Speaker 4: week that the Bloc would consider reintroducing the measures used 61 00:03:32,960 --> 00:03:36,240 Speaker 4: in twenty twenty two, while noting that the current situation 62 00:03:36,440 --> 00:03:40,160 Speaker 4: has created a broader range of problems. In London, Tea 63 00:03:40,200 --> 00:03:42,040 Speaker 4: at a Bay Bloomberg Radio. 64 00:03:42,280 --> 00:03:45,360 Speaker 1: Britain is hosting an international meeting without the US to 65 00:03:45,400 --> 00:03:48,640 Speaker 1: discuss long term measures to keep the Strait of Hormones open. 66 00:03:48,960 --> 00:03:51,560 Speaker 1: Military planners from forty countries are looking to build a 67 00:03:51,640 --> 00:03:54,640 Speaker 1: naval coalition that would protect the strait after the war 68 00:03:54,680 --> 00:03:57,960 Speaker 1: in the Middle East ends. Last Friday, Francis President Emanuel 69 00:03:58,000 --> 00:04:01,560 Speaker 1: Macron was asked by reporters why Europe hadn't joined America's 70 00:04:01,560 --> 00:04:05,560 Speaker 1: efforts to reopen the Strait by military means. 71 00:04:06,360 --> 00:04:08,920 Speaker 5: This has never been an option that we've chosen, and 72 00:04:08,960 --> 00:04:12,200 Speaker 5: we think it's unrealistic. Unrealistic because it would take an 73 00:04:12,240 --> 00:04:15,040 Speaker 5: infinite amount of time, it would expose everyone going through 74 00:04:15,080 --> 00:04:17,840 Speaker 5: the Strait. We must be able to reopen the Straight 75 00:04:17,960 --> 00:04:22,000 Speaker 5: because it's strategic for energy, fertilizers and international trade, but 76 00:04:22,000 --> 00:04:24,920 Speaker 5: it can only be done in consultation with Irans, so 77 00:04:24,960 --> 00:04:28,400 Speaker 5: first we need a ceasefire. It followed by restarting negotiations. 78 00:04:29,480 --> 00:04:33,480 Speaker 1: Emmanuel Macron speaking via a translator. The international talks come 79 00:04:33,520 --> 00:04:35,599 Speaker 1: as countries around the world are starting to feel the 80 00:04:35,600 --> 00:04:40,520 Speaker 1: economic consequences of the conflict, with fuel prices mounting. Open Ai, 81 00:04:40,680 --> 00:04:44,120 Speaker 1: Anthropic and Alphabet's Google are working together to combat their 82 00:04:44,160 --> 00:04:48,160 Speaker 1: AI models being copied by Chinese competitors. Bimberg understands the 83 00:04:48,200 --> 00:04:52,159 Speaker 1: rival firms are sharing information through industry nonprofits the Frontier 84 00:04:52,360 --> 00:04:56,919 Speaker 1: Model Forum to detect so called adversarial distillation attempts that 85 00:04:57,040 --> 00:05:00,240 Speaker 1: violate their terms of service. The American AI Company are 86 00:05:00,279 --> 00:05:04,760 Speaker 1: concerned that unauthorized imitations, especially from China, could siphon away 87 00:05:04,800 --> 00:05:09,840 Speaker 1: customers while posing a national security risk. And NASA's Artemis 88 00:05:09,880 --> 00:05:12,560 Speaker 1: two crew have now traveled further than any other humans 89 00:05:12,560 --> 00:05:16,000 Speaker 1: into space. The four astronauts completed their six hour journey 90 00:05:16,000 --> 00:05:18,799 Speaker 1: behind the far side of the Moon are now heading home. 91 00:05:19,240 --> 00:05:22,800 Speaker 1: Astronaut Christina Coke gave this message back to Earth. 92 00:05:23,320 --> 00:05:26,000 Speaker 6: You sim we have you the same, and it is 93 00:05:26,120 --> 00:05:27,920 Speaker 6: so great to hear from Earth again. 94 00:05:28,440 --> 00:05:32,560 Speaker 7: To Asia, Africa and Oceania. We are looking back at you. 95 00:05:32,720 --> 00:05:34,440 Speaker 4: We hear you can look up and see the Moon 96 00:05:34,520 --> 00:05:37,120 Speaker 4: right now, We see you too. 97 00:05:38,000 --> 00:05:40,160 Speaker 1: Coker is the first woman ever to travel to the Moon. 98 00:05:40,400 --> 00:05:42,720 Speaker 1: The record breaking trip is designed as a test as 99 00:05:42,839 --> 00:05:46,000 Speaker 1: NASA prepares a return to the Moon's surface in the 100 00:05:46,000 --> 00:05:49,440 Speaker 1: coming years. And those are your top stories this morning. 101 00:05:49,640 --> 00:05:52,360 Speaker 1: Looking at the markets, we are seeing oil prices rising 102 00:05:52,400 --> 00:05:54,880 Speaker 1: again today, up one point three percent for Brent crude, 103 00:05:54,880 --> 00:05:57,279 Speaker 1: over one hundred and eleven dollars at barrel WTI. The 104 00:05:57,320 --> 00:05:59,320 Speaker 1: price for May this is up by two and a 105 00:05:59,360 --> 00:06:02,040 Speaker 1: half percent two hundred and fifteen dollars a barrow. European 106 00:06:02,040 --> 00:06:03,760 Speaker 1: stock futures a little higher today, up a tenth of 107 00:06:03,800 --> 00:06:06,440 Speaker 1: one percent for euro stocks fifty is slightly quieter day 108 00:06:06,440 --> 00:06:08,680 Speaker 1: in eight of with the Hong Kong markets closed. The 109 00:06:08,760 --> 00:06:13,640 Speaker 1: Mscish Pacific Intex up by half of one percent. Well 110 00:06:13,640 --> 00:06:15,800 Speaker 1: in the moment will bring you the latest on Iran 111 00:06:15,960 --> 00:06:19,000 Speaker 1: with President Trump's deadline looming, plus more on the Artemis 112 00:06:19,040 --> 00:06:21,800 Speaker 1: space mission. But another story that we've been reading this 113 00:06:21,839 --> 00:06:24,560 Speaker 1: morning on some more detail emerging of the rescue of 114 00:06:24,600 --> 00:06:28,840 Speaker 1: those US Air Force personnel whose plane went down over Iran. 115 00:06:29,040 --> 00:06:31,760 Speaker 1: Tony Capacio has been writing about the technology that they 116 00:06:31,760 --> 00:06:34,320 Speaker 1: were able to use to signal their locations. It's a 117 00:06:34,360 --> 00:06:38,240 Speaker 1: device made by Boeing called a Combat Survivor, a vader 118 00:06:38,320 --> 00:06:41,040 Speaker 1: locator or CSEL, and the Air Force and Navy have 119 00:06:41,120 --> 00:06:43,600 Speaker 1: bought thousands of these since it became operational in two 120 00:06:43,640 --> 00:06:46,200 Speaker 1: thousand and nine. President Trump described it as a beeper 121 00:06:46,400 --> 00:06:50,680 Speaker 1: like device. This stranded personnel with this device can use 122 00:06:50,680 --> 00:06:53,000 Speaker 1: it to send a data message via satellite to a 123 00:06:53,040 --> 00:06:56,440 Speaker 1: central rescue center and that then forwards the message to 124 00:06:56,520 --> 00:06:59,760 Speaker 1: force a suit and communicate with the survivor by voice 125 00:06:59,760 --> 00:07:01,640 Speaker 1: to help them with their recovery. So it was the 126 00:07:01,640 --> 00:07:04,800 Speaker 1: Pentagon's Joint Personnel Recovery Center that coordinated the effort this 127 00:07:04,880 --> 00:07:08,159 Speaker 1: time around, but this handset was crucial to locating the 128 00:07:08,200 --> 00:07:11,800 Speaker 1: two man crew after their fifteen E warplane was hit. 129 00:07:12,000 --> 00:07:14,320 Speaker 1: The two men with the call signs Dude forty four 130 00:07:14,320 --> 00:07:17,640 Speaker 1: Alpha and Dude forty four Bravo, rescued in operations on 131 00:07:17,760 --> 00:07:21,840 Speaker 1: Friday and on Saturday over this weekend. Well, let's bring 132 00:07:21,840 --> 00:07:23,760 Speaker 1: you up to date now with the latest developments as 133 00:07:23,760 --> 00:07:27,119 Speaker 1: we're counting down to President Trump's deadline for a deal 134 00:07:27,320 --> 00:07:30,320 Speaker 1: with Iran set for one am tomorrow London time. Eight am. 135 00:07:30,440 --> 00:07:32,920 Speaker 1: This evening in Washington, the US President says talks with 136 00:07:32,960 --> 00:07:35,920 Speaker 1: Tehran are going well. Let's get the latest from our 137 00:07:36,000 --> 00:07:39,240 Speaker 1: midleast breaking news editor Patrick Sykes. Patrick, good morning. What 138 00:07:39,280 --> 00:07:41,040 Speaker 1: do we know then about the state of these talks, 139 00:07:41,040 --> 00:07:43,600 Speaker 1: both from the US and also what we've heard from Iran. 140 00:07:44,120 --> 00:07:47,080 Speaker 3: Yeah, indeed, it's an ap porn distinction because we basically 141 00:07:47,120 --> 00:07:50,200 Speaker 3: know that messages are being passed back and forth between 142 00:07:50,200 --> 00:07:53,480 Speaker 3: these intermediaries like Pokistan, But there are two very different 143 00:07:53,560 --> 00:07:56,760 Speaker 3: narratives about how they're going. Trump, as you mentioned, is 144 00:07:56,840 --> 00:07:59,880 Speaker 3: constantly putting a very positive spin on them, saying that 145 00:08:00,080 --> 00:08:02,239 Speaker 3: going well, there's been progress, etc. 146 00:08:03,000 --> 00:08:04,280 Speaker 7: From the Iranian side. 147 00:08:04,120 --> 00:08:08,680 Speaker 3: We hear a much more hardline view that you know, 148 00:08:08,800 --> 00:08:12,280 Speaker 3: these these aren't enough and that nothing short of a 149 00:08:12,320 --> 00:08:18,440 Speaker 3: full cessation of hostilities, sanctions relief would be enough to 150 00:08:19,600 --> 00:08:22,320 Speaker 3: end the war. And indeed, the latest we've heard on 151 00:08:22,360 --> 00:08:26,760 Speaker 3: Iran's position is that it includes ten clauses or demands 152 00:08:26,760 --> 00:08:30,000 Speaker 3: that they're asking for, and that itself is important because 153 00:08:30,000 --> 00:08:31,640 Speaker 3: I think just a week or so ago we were 154 00:08:31,640 --> 00:08:32,520 Speaker 3: talking about five. 155 00:08:32,720 --> 00:08:35,400 Speaker 7: So Iran seems to think. 156 00:08:35,240 --> 00:08:38,400 Speaker 3: That it cannot only dictate terms, but it can dictate 157 00:08:38,960 --> 00:08:41,480 Speaker 3: more of the terms, and I think that's telling that, 158 00:08:41,640 --> 00:08:42,880 Speaker 3: you know, the rhetoric. 159 00:08:42,559 --> 00:08:44,520 Speaker 7: Within Iran is hardening. 160 00:08:45,559 --> 00:08:49,840 Speaker 3: Just last week, the former foreign minister Jabward Tarifu negotiated 161 00:08:50,280 --> 00:08:53,560 Speaker 3: the nuclear deal a few years ago. He was calling 162 00:08:53,559 --> 00:08:57,400 Speaker 3: for Iran to convert this current leverage into a deal 163 00:08:57,480 --> 00:09:01,359 Speaker 3: that that would bring sanctions relief, for example, and immediately 164 00:09:01,440 --> 00:09:05,679 Speaker 3: got a very harsh backlash from more hardline elements of 165 00:09:05,720 --> 00:09:08,640 Speaker 3: the regime, elements which, of course, since the start of 166 00:09:08,640 --> 00:09:11,439 Speaker 3: the war, with the killing of so many key officials, 167 00:09:11,559 --> 00:09:15,120 Speaker 3: have been in the ascendant and have taken over ever 168 00:09:15,160 --> 00:09:17,559 Speaker 3: more senior answer the system. 169 00:09:17,640 --> 00:09:20,920 Speaker 1: With that very important context, the question of the straight 170 00:09:20,960 --> 00:09:23,240 Speaker 1: before moves. Donald Trump wants it to be a free 171 00:09:23,280 --> 00:09:25,800 Speaker 1: passage through the strait, to be a part of any deal. 172 00:09:26,520 --> 00:09:28,720 Speaker 1: Is it likely that Aron would agree to that. 173 00:09:29,559 --> 00:09:32,600 Speaker 3: I think not unless it gets something big in return. 174 00:09:32,760 --> 00:09:34,480 Speaker 7: Right then, and among all. 175 00:09:34,320 --> 00:09:38,560 Speaker 3: Those demands, sometimes five, sometimes ten, the common denominators that 176 00:09:38,600 --> 00:09:41,280 Speaker 3: we do here from Iran are one and then to 177 00:09:41,440 --> 00:09:44,760 Speaker 3: all conflicts in the region, by which we assume it means, 178 00:09:45,000 --> 00:09:48,920 Speaker 3: you know, Israeli attacks against its regional allies in places 179 00:09:48,960 --> 00:09:54,640 Speaker 3: like Gaza Lebanon, for example, and two, sanctions relief Obviously 180 00:09:54,640 --> 00:10:00,600 Speaker 3: that's been the subject of consecutive rounds of negotiations over 181 00:10:00,640 --> 00:10:03,360 Speaker 3: the years. But Iran has realized in the course of 182 00:10:03,400 --> 00:10:07,280 Speaker 3: this conflict that the control or its ability to exert 183 00:10:07,280 --> 00:10:13,240 Speaker 3: control over the Strait of almost with relatively limited means, 184 00:10:13,280 --> 00:10:15,880 Speaker 3: right it can be just a threat of an attack 185 00:10:16,080 --> 00:10:19,959 Speaker 3: or a single successful attack on a ship can change 186 00:10:19,960 --> 00:10:23,600 Speaker 3: the perception around it. With that realization, I think Iran 187 00:10:23,640 --> 00:10:27,160 Speaker 3: will be very loath to give that up unless it's 188 00:10:27,160 --> 00:10:30,280 Speaker 3: getting something very concrete, very big, that it can claim 189 00:10:30,320 --> 00:10:31,560 Speaker 3: as a victory in return. 190 00:10:32,280 --> 00:10:36,480 Speaker 1: What about the alternative if this deadline isn't mess Trump 191 00:10:36,559 --> 00:10:39,280 Speaker 1: threatening to target bridges and power plans, if there isn't 192 00:10:39,320 --> 00:10:41,960 Speaker 1: a deal, how much of an escalation would that be? 193 00:10:42,320 --> 00:10:44,480 Speaker 1: What capacity would Iran have to respond to that? 194 00:10:45,120 --> 00:10:48,600 Speaker 3: Yeah, I mean the targeting civilian infrastructure like that would 195 00:10:48,960 --> 00:10:53,000 Speaker 3: constitute a war crime. So you know, in the bigger picture, 196 00:10:53,040 --> 00:10:53,959 Speaker 3: outside the bounds of. 197 00:10:53,880 --> 00:10:56,959 Speaker 7: The war itself, it would also be I. 198 00:10:56,920 --> 00:11:00,360 Speaker 3: Think a factor in any legacy that Trump was to 199 00:11:00,400 --> 00:11:03,840 Speaker 3: have from this war and beyond this presidency. Within the war, 200 00:11:05,000 --> 00:11:09,880 Speaker 3: I think power power plants in particular would have the 201 00:11:10,240 --> 00:11:14,040 Speaker 3: potential to really squeeze the civilian population of Iran. You know, 202 00:11:14,120 --> 00:11:16,280 Speaker 3: many have been kind of hunkered down at home or 203 00:11:16,280 --> 00:11:19,880 Speaker 3: they've moved to quieter, less urban parts of the country, 204 00:11:20,880 --> 00:11:23,920 Speaker 3: and that is giving some giving them some protection. But 205 00:11:24,000 --> 00:11:26,880 Speaker 3: obviously if the powers out that will change. I think 206 00:11:26,880 --> 00:11:31,239 Speaker 3: that would apply a new degree of pressure on the population. 207 00:11:31,720 --> 00:11:34,960 Speaker 3: In terms of response, I think we can expect something 208 00:11:35,000 --> 00:11:38,640 Speaker 3: akin to when Israel targeted the Iranian gas field and 209 00:11:38,679 --> 00:11:44,440 Speaker 3: associated facilities. That saw Iran respond very quickly with attacks 210 00:11:44,480 --> 00:11:48,480 Speaker 3: on one of the most important LNG liquified natural gas 211 00:11:48,520 --> 00:11:52,400 Speaker 3: facilities in the region over the Gulf in Katar, and 212 00:11:52,520 --> 00:11:56,120 Speaker 3: that escalation seemed to scare many. We saw energy prices 213 00:11:56,160 --> 00:11:59,760 Speaker 3: spike in response to that in particular, and we saw 214 00:11:59,800 --> 00:12:01,920 Speaker 3: both sides to kind of pull back from the brink 215 00:12:02,160 --> 00:12:06,320 Speaker 3: at that point. But I think if we get into 216 00:12:06,400 --> 00:12:10,600 Speaker 3: targeting of civilian infrastructure like bridges and power plants, Iran 217 00:12:10,640 --> 00:12:14,080 Speaker 3: would look to escalate in that way again and again. 218 00:12:14,120 --> 00:12:17,400 Speaker 3: I think we can expect energy prices to obviously to 219 00:12:17,800 --> 00:12:18,600 Speaker 3: rise in response. 220 00:12:18,960 --> 00:12:20,720 Speaker 1: Yeah, indeed, and that'll be something we'll be watching for 221 00:12:20,800 --> 00:12:23,520 Speaker 1: closely as that deadline approaches. Patrick, thank you very much 222 00:12:23,520 --> 00:12:25,240 Speaker 1: for bringing us up to date this morning. Our Middle 223 00:12:25,240 --> 00:12:29,360 Speaker 1: East Breaking News editor Patrick Sykes stay with us more 224 00:12:29,360 --> 00:12:33,760 Speaker 1: from Bloomberg Daybreak Europe coming up after this and therefore, 225 00:12:33,920 --> 00:12:37,040 Speaker 1: NASA astronauts on board the Artemis spacecrafter on their way 226 00:12:37,080 --> 00:12:40,200 Speaker 1: home after breaking a record for traveling the furthest distance 227 00:12:40,320 --> 00:12:42,920 Speaker 1: from Earth. Our reporter Danny Lee has been following the story. 228 00:12:42,960 --> 00:12:45,600 Speaker 1: He joins us now for more. Danny, there was an 229 00:12:45,640 --> 00:12:48,840 Speaker 1: expected communications blackout from Artemis two as it traveled around 230 00:12:48,840 --> 00:12:51,240 Speaker 1: the Moon. The astronauts have been back in touch and 231 00:12:51,240 --> 00:12:52,840 Speaker 1: they've confirmed they're on their way back. 232 00:12:53,000 --> 00:12:55,800 Speaker 8: Yeah, the communications blackout around forty minutes or so. It 233 00:12:55,840 --> 00:12:58,640 Speaker 8: felt like a very long time, but the expected hiatus 234 00:12:58,679 --> 00:13:01,920 Speaker 8: in these comms they were expected and re established by 235 00:13:01,920 --> 00:13:04,720 Speaker 8: the four astronauts of Artemists two. And yeah, as you said, 236 00:13:04,800 --> 00:13:08,240 Speaker 8: they started their return to Earth overnight. Along the way, 237 00:13:08,280 --> 00:13:11,680 Speaker 8: the crews did manage to get within around four thousand 238 00:13:11,840 --> 00:13:14,280 Speaker 8: and sixty seven miles from the Moon, so it's a 239 00:13:14,360 --> 00:13:17,840 Speaker 8: viewing point from the spacecraft was something like a base 240 00:13:18,320 --> 00:13:21,600 Speaker 8: basketball in an outstretched hands, so it would be in 241 00:13:21,600 --> 00:13:25,520 Speaker 8: a pretty compelling view at that point at least. So 242 00:13:26,040 --> 00:13:29,760 Speaker 8: for now, Artemis two, around halfway through its ten day mission, 243 00:13:30,040 --> 00:13:32,040 Speaker 8: has been breaking records along the way. 244 00:13:32,720 --> 00:13:34,360 Speaker 1: And of course the missions still under way, this will 245 00:13:34,360 --> 00:13:37,000 Speaker 1: have to make it back home. But how significant are 246 00:13:37,080 --> 00:13:39,640 Speaker 1: the milestones that the artemists two crew have achieved along 247 00:13:39,679 --> 00:13:40,000 Speaker 1: the way. 248 00:13:41,000 --> 00:13:43,840 Speaker 8: Yeah, I mean for something like this, as you said, 249 00:13:43,880 --> 00:13:47,120 Speaker 8: you know, this is the maximum distance from Earth that 250 00:13:47,960 --> 00:13:51,440 Speaker 8: these crews have got in over fifty years, something like 251 00:13:51,440 --> 00:13:55,720 Speaker 8: two hundred and fifty thousand miles. And for that kind 252 00:13:55,800 --> 00:13:59,120 Speaker 8: of journey, it is critical because at the end of 253 00:13:59,160 --> 00:14:01,560 Speaker 8: the end of the day, this is a critical test 254 00:14:01,600 --> 00:14:05,040 Speaker 8: flight addressed rehearsal for NASA to prove its systems can 255 00:14:05,160 --> 00:14:08,480 Speaker 8: launch humans into deep space and to bring them home. 256 00:14:08,720 --> 00:14:11,200 Speaker 8: And for NASA it does have a goal of bringing 257 00:14:11,240 --> 00:14:15,199 Speaker 8: Americans back onto the Moon's surface as soon as twenty 258 00:14:15,280 --> 00:14:18,920 Speaker 8: twenty eight, and there is a time pressure because overall 259 00:14:18,920 --> 00:14:21,560 Speaker 8: the stakes being high for the companies involved, including Boeing 260 00:14:21,600 --> 00:14:26,200 Speaker 8: and Lockheed Martin, for the relatively new NASA administrator extra 261 00:14:26,240 --> 00:14:31,560 Speaker 8: astronaut Jared Isaacman pushing through these accelerated timelines. It's all 262 00:14:31,600 --> 00:14:34,920 Speaker 8: because that the US wants to get back onto the 263 00:14:34,920 --> 00:14:37,480 Speaker 8: Moon's surface by twenty twenty eight and do so before 264 00:14:37,600 --> 00:14:41,000 Speaker 8: China does when it sends its own astronauts onto the Moon. 265 00:14:41,200 --> 00:14:43,160 Speaker 8: By the end of a decade, and. 266 00:14:43,120 --> 00:14:45,560 Speaker 1: Of course those are a pretty ambitious set of targets 267 00:14:45,560 --> 00:14:47,840 Speaker 1: that NASA has for itself as well, as there's going 268 00:14:47,880 --> 00:14:49,800 Speaker 1: to be a big boost to those efforts then that 269 00:14:49,840 --> 00:14:52,680 Speaker 1: they've managed to tick off I suppose the goals for 270 00:14:52,720 --> 00:14:53,760 Speaker 1: the Artemis two mission. 271 00:14:54,760 --> 00:14:59,240 Speaker 8: Whilst Artemists two still has halfway to go, but by 272 00:14:59,280 --> 00:15:03,280 Speaker 8: the end of this and hopefully successful return, there is 273 00:15:03,360 --> 00:15:07,040 Speaker 8: Artemis three, which will be another test flight to see 274 00:15:07,760 --> 00:15:12,000 Speaker 8: how the spacecraft of the Orion does doc and also 275 00:15:12,200 --> 00:15:16,840 Speaker 8: what other commercial spacecraft do up in space, in order 276 00:15:16,880 --> 00:15:20,360 Speaker 8: to ensure that these vehicles ultimately can then reach the Moon. 277 00:15:21,240 --> 00:15:23,560 Speaker 8: For now, though there is a debate of whether this 278 00:15:23,600 --> 00:15:25,960 Speaker 8: twenty twenty eight timeline is too tight. You've got the 279 00:15:26,080 --> 00:15:29,400 Speaker 8: likes of former astronaut and US Democratic Senator Mark Kelly 280 00:15:29,400 --> 00:15:31,920 Speaker 8: who believes that's not the case, whilst you've got a 281 00:15:31,960 --> 00:15:35,640 Speaker 8: Republican Senator Ted Cruz who thinks that this overall is 282 00:15:35,640 --> 00:15:39,160 Speaker 8: an imperative, a strategic comparative to have a foothold in 283 00:15:39,280 --> 00:15:42,600 Speaker 8: space before China does so. There is a lot of 284 00:15:43,320 --> 00:15:46,720 Speaker 8: geopolitics and I guess another space race as it were, 285 00:15:47,040 --> 00:15:50,040 Speaker 8: But Fanessa, this is a project that is over budget, 286 00:15:50,240 --> 00:15:54,160 Speaker 8: behind schedule, and there has already spent something like ninety 287 00:15:54,200 --> 00:15:57,680 Speaker 8: three billion US dollars, so a lot has gone into 288 00:15:57,760 --> 00:16:01,480 Speaker 8: this effort of Artemis. Another thirty billion could be spent 289 00:16:01,600 --> 00:16:05,600 Speaker 8: over next decade if Jaredisagmann has his way. But for now, 290 00:16:05,800 --> 00:16:10,280 Speaker 8: this twenty twenty eight timeline is ever nearer and steps 291 00:16:10,320 --> 00:16:12,960 Speaker 8: have been taken to achieve the goal to get back 292 00:16:13,000 --> 00:16:16,040 Speaker 8: to the moon, but this will be a complex undertating 293 00:16:16,200 --> 00:16:18,040 Speaker 8: undertaking in deep space exploration. 294 00:16:19,680 --> 00:16:22,440 Speaker 1: This is Bloomberg Daybreak Europe, your morning brief on the 295 00:16:22,480 --> 00:16:25,560 Speaker 1: stories making news from London to Wall Street and beyond. 296 00:16:25,880 --> 00:16:29,840 Speaker 6: Look for us on your podcast feed every morning, on Apple, Spotify, 297 00:16:29,960 --> 00:16:31,960 Speaker 6: and anywhere else you get your podcasts. 298 00:16:32,040 --> 00:16:35,080 Speaker 1: You can also listen live each morning on London Dab Radio, 299 00:16:35,120 --> 00:16:37,760 Speaker 1: the Bloomberg Business app, and Bloomberg dot Com. 300 00:16:37,880 --> 00:16:40,640 Speaker 6: Our flagship New York station is also available on your 301 00:16:40,680 --> 00:16:45,360 Speaker 6: Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty. 302 00:16:45,640 --> 00:16:46,920 Speaker 6: I'm Caroline Hepka and. 303 00:16:46,880 --> 00:16:49,520 Speaker 1: I'm Stephen Carroll. Join us again tomorrow morning for all 304 00:16:49,560 --> 00:16:51,960 Speaker 1: the news you need to start your day right here 305 00:16:52,000 --> 00:16:57,200 Speaker 1: on Bloomberg day Break Europe.