1 00:00:02,400 --> 00:00:05,320 Speaker 1: Good morning. I'm Brian Curtis. Here are the stories we're 2 00:00:05,360 --> 00:00:08,680 Speaker 1: following today. Israel and Hamas have agreed to extend the 3 00:00:08,720 --> 00:00:11,840 Speaker 1: pause in fighting for another ten days, and there are 4 00:00:11,920 --> 00:00:15,360 Speaker 1: even more developments at Baxter has the story from San Francisco. 5 00:00:15,480 --> 00:00:18,640 Speaker 2: Ed, Yeah, two more days, Brian, two more days. Israel 6 00:00:18,720 --> 00:00:22,040 Speaker 2: says eleven more hostages returned today and says it is 7 00:00:22,079 --> 00:00:25,560 Speaker 2: approved fifty female prisoners for possible release to Hamas. Now 8 00:00:25,560 --> 00:00:29,240 Speaker 2: that means until Thursday this week more and follows more 9 00:00:29,360 --> 00:00:33,520 Speaker 2: negotiations over the release of more hostages and prisoners. Bloomberg's 10 00:00:33,600 --> 00:00:37,800 Speaker 2: Kaylee Lyons points out any pause is only temporary. 11 00:00:37,320 --> 00:00:40,440 Speaker 3: And as we're talking about a ceasefire, temporary one extending 12 00:00:40,479 --> 00:00:43,760 Speaker 3: for whatever period of time. Again reportedly now an extra 13 00:00:43,840 --> 00:00:46,440 Speaker 3: two days being tacked onto what was a four day ceasefire. 14 00:00:46,800 --> 00:00:49,519 Speaker 3: Netanyahu has said repeatedly that at the end of this 15 00:00:49,680 --> 00:00:52,120 Speaker 3: the war will continue, the fighting will continue. He is 16 00:00:52,159 --> 00:00:55,080 Speaker 3: going to keep going intel Hamas is eliminated. So right 17 00:00:55,120 --> 00:00:57,920 Speaker 3: now the ceasefire is still very much temporary, even if 18 00:00:57,920 --> 00:00:59,000 Speaker 3: it is just a little bit longer. 19 00:00:59,160 --> 00:01:01,840 Speaker 2: Yeah, with a pause extension, there are concerns. White House 20 00:01:01,920 --> 00:01:06,200 Speaker 2: National Security spokesman John Kirby admits it does provide Hamas 21 00:01:06,240 --> 00:01:08,679 Speaker 2: with an opportunity to regroup. You have to expect the. 22 00:01:08,680 --> 00:01:12,319 Speaker 4: Group like Commosit terrorist group, which clearly doesn't abide by 23 00:01:12,400 --> 00:01:14,520 Speaker 4: laws of war. We try to take advantage of any 24 00:01:14,520 --> 00:01:16,800 Speaker 4: pause in the fighting for their own benefit. So we're 25 00:01:16,959 --> 00:01:19,560 Speaker 4: watching that closely as well as our Israeli counterparts. You 26 00:01:19,600 --> 00:01:21,640 Speaker 4: can bet that they're watching that closely. 27 00:01:22,120 --> 00:01:24,440 Speaker 2: But that said, he says, the US would like to 28 00:01:24,440 --> 00:01:25,959 Speaker 2: see continued hostage release. 29 00:01:26,080 --> 00:01:28,800 Speaker 4: We would, of course hope to see the pause extended further, 30 00:01:29,480 --> 00:01:32,480 Speaker 4: and that will depend upon Hamas continuing to release hostages. 31 00:01:33,000 --> 00:01:35,839 Speaker 2: Yeah, And Secretary of State Anthony Blincoln says he will 32 00:01:36,080 --> 00:01:38,600 Speaker 2: go back to Israel this week, his third visit since 33 00:01:38,640 --> 00:01:40,960 Speaker 2: the war began, and we'll tie it to a visit 34 00:01:41,000 --> 00:01:43,720 Speaker 2: to Dubai for a COP twenty eight. So how does 35 00:01:43,720 --> 00:01:47,559 Speaker 2: this affect the Israeli aid calculus in the US? Well, 36 00:01:47,640 --> 00:01:50,120 Speaker 2: that is, Congress has expected a resumed debate this week. 37 00:01:50,120 --> 00:01:53,480 Speaker 2: Bloomberg's Jordan Fabian says, up in the air. 38 00:01:53,400 --> 00:01:55,840 Speaker 5: That's a shift before in the beginning, when this is 39 00:01:56,160 --> 00:01:58,600 Speaker 5: first proposed, said you know, we're going to help Israel 40 00:01:58,600 --> 00:02:01,840 Speaker 5: and no streets attached. But since then this offensive has 41 00:02:01,880 --> 00:02:04,480 Speaker 5: taken place in Gaza, a lot of Pala sittings have died, 42 00:02:04,840 --> 00:02:08,120 Speaker 5: Whole cities have been leveled, and so the mood has 43 00:02:08,160 --> 00:02:11,320 Speaker 5: turned among Democrats. They want to see some concessions here. 44 00:02:11,960 --> 00:02:15,040 Speaker 5: But then the calculus get tough because Republicans don't want 45 00:02:15,080 --> 00:02:15,959 Speaker 5: to see concessions. 46 00:02:16,160 --> 00:02:18,959 Speaker 2: And Elon Musk has been on Israel, touring and talking 47 00:02:19,000 --> 00:02:22,079 Speaker 2: with Prime Minister Benjamin Nette. Yahoo Bloomberg's ed Ledlow. 48 00:02:22,160 --> 00:02:26,520 Speaker 6: Musk said that he'd like to help rebuild Gaza at 49 00:02:26,560 --> 00:02:30,160 Speaker 6: the conclusion of the Israel jamaz war, and you know, 50 00:02:30,240 --> 00:02:33,880 Speaker 6: he basically said that he was disturbed by some of 51 00:02:33,919 --> 00:02:36,160 Speaker 6: the images that he'd seen. You're looking at pictures there 52 00:02:36,200 --> 00:02:38,680 Speaker 6: of Elon Musk with Benjaminette and Yahoo. 53 00:02:38,760 --> 00:02:41,320 Speaker 2: Yeah. Musk also visiting Israel in the shadow with an 54 00:02:41,320 --> 00:02:43,400 Speaker 2: at a Semitic post on X and the loss of 55 00:02:43,440 --> 00:02:47,320 Speaker 2: a number of high profile advertisers. President Joe Biden, meanwhile, 56 00:02:47,360 --> 00:02:51,680 Speaker 2: taking credit for easing supply chain pressures and lowering inflation today, says, 57 00:02:51,720 --> 00:02:53,400 Speaker 2: but more needs to be done. 58 00:02:53,440 --> 00:02:57,000 Speaker 7: Let me be clear, any corporation has not brought their 59 00:02:57,000 --> 00:03:00,400 Speaker 7: prices back down even as inflation has come down. Eating 60 00:03:00,520 --> 00:03:04,160 Speaker 7: supply chains have been rebuilt. It's time to stop the 61 00:03:04,440 --> 00:03:07,919 Speaker 7: price gouging given the American consumer a break. 62 00:03:08,280 --> 00:03:10,760 Speaker 2: Biden also says he's set up a council review supply 63 00:03:10,880 --> 00:03:14,400 Speaker 2: chain actions, calling it an early warning system. Global News 64 00:03:14,440 --> 00:03:16,800 Speaker 2: twenty four hours a day and whenever you want it 65 00:03:16,800 --> 00:03:20,160 Speaker 2: with Bloomberg News now in San Francisco. I'm Ed Baxter, 66 00:03:20,280 --> 00:03:21,919 Speaker 2: and this is Bloomberg. 67 00:03:21,400 --> 00:03:24,320 Speaker 1: Brian, and thanks very much, with Brian Curtis and Vonnie 68 00:03:24,360 --> 00:03:27,200 Speaker 1: Quinn of course, said backstraw News. Now, it's time for 69 00:03:27,240 --> 00:03:31,160 Speaker 1: the top business and economic stories. Saudi Arabia is asking 70 00:03:31,200 --> 00:03:34,720 Speaker 1: others in OPEK Plus to reduce their oil production quotas 71 00:03:34,960 --> 00:03:37,080 Speaker 1: we get the story from Bloomberg's and CADS. 72 00:03:37,520 --> 00:03:40,720 Speaker 8: Saudi Arabia has been making a largely unilateral supply cut 73 00:03:40,760 --> 00:03:43,200 Speaker 8: back of one million barrels a day since July and 74 00:03:43,320 --> 00:03:46,160 Speaker 8: is now seeking further support from other OPEC plus members, 75 00:03:46,280 --> 00:03:49,360 Speaker 8: but some countries are resisting. The twenty three nation alliance 76 00:03:49,360 --> 00:03:52,480 Speaker 8: faces pressure to intervene in crude markets following a seventeen 77 00:03:52,520 --> 00:03:55,320 Speaker 8: percent drop in prices over the past two months. Amid 78 00:03:55,360 --> 00:03:59,360 Speaker 8: plentiful stockpiles and a darkening economic backdrop. The oil market 79 00:03:59,360 --> 00:04:02,240 Speaker 8: could weaken the more in twenty twenty four, with forecasts 80 00:04:02,240 --> 00:04:06,480 Speaker 8: of a new supply surplus in Washington and Kate's Bloomberg Radio. 81 00:04:07,600 --> 00:04:10,320 Speaker 9: Online shoppers are clicking their way to big savings for 82 00:04:10,400 --> 00:04:12,680 Speaker 9: Cyber Monday, and then this comes as buy now, pay 83 00:04:12,720 --> 00:04:16,040 Speaker 9: later features or letting shoppers stretch thereabouts. It's with credit. 84 00:04:16,320 --> 00:04:19,080 Speaker 9: Bloomberg's Spencer Sober says expectations are high. 85 00:04:19,480 --> 00:04:22,159 Speaker 1: Earlier they were predicting about twelve billion in sales, and 86 00:04:22,240 --> 00:04:26,440 Speaker 1: that's from Adobe, which monitors insights from by hundreds of 87 00:04:26,440 --> 00:04:27,599 Speaker 1: millions of transactions. 88 00:04:27,880 --> 00:04:29,640 Speaker 10: Nave up that to twelve point four billion. 89 00:04:29,680 --> 00:04:32,880 Speaker 3: Now based on the strength of the consumer on Black 90 00:04:32,920 --> 00:04:36,320 Speaker 3: Friday into the weekend, they're seeing the consumer being more resilient. 91 00:04:37,800 --> 00:04:40,960 Speaker 9: That's Bloomberg's Spencer Sober there. The holiday weekend already saw 92 00:04:41,120 --> 00:04:45,160 Speaker 9: record online spending. Black Friday sales top analyst projections at 93 00:04:45,240 --> 00:04:47,480 Speaker 9: nine point eight billion dollars. That's up seven and a 94 00:04:47,520 --> 00:04:50,560 Speaker 9: half percent from a year ago. The National Retail Federation 95 00:04:50,720 --> 00:04:53,359 Speaker 9: estimates one hundred and eighty two million people will have 96 00:04:53,400 --> 00:04:56,839 Speaker 9: shopped in store and online from Thanksgiving Day through the 97 00:04:56,920 --> 00:04:57,880 Speaker 9: end of Cyber Monday. 98 00:04:58,760 --> 00:05:02,120 Speaker 1: Meantime, Amazon's proper hoosed acquisition of I Robot has hit 99 00:05:02,160 --> 00:05:05,960 Speaker 1: a potential snag in Europe. More from Bloomberg Samuel Stalton. 100 00:05:06,320 --> 00:05:08,760 Speaker 11: The European Commission has issued what is known as a 101 00:05:08,800 --> 00:05:13,520 Speaker 11: statement of objections, and this effectively means that the Commission 102 00:05:13,560 --> 00:05:18,679 Speaker 11: outlines a series of anti competitive concerns with the merger. 103 00:05:18,920 --> 00:05:22,280 Speaker 11: It doesn't necessarily prejudge the outcome of the investigation, but 104 00:05:22,360 --> 00:05:25,120 Speaker 11: it calls upon the firms to address some of those 105 00:05:25,120 --> 00:05:30,240 Speaker 11: anti competitive concerns or risk the deal being derailed. 106 00:05:31,200 --> 00:05:34,120 Speaker 1: That's Bloomberg Samuel Stalton, and the shares were hammered. I'll 107 00:05:34,120 --> 00:05:36,520 Speaker 1: get to the numbers for you in a moment. Last week, 108 00:05:36,560 --> 00:05:39,400 Speaker 1: Reuter's had reported that Amazon and iRobot appeared on the 109 00:05:39,400 --> 00:05:43,400 Speaker 1: cusp of winning unconditional approval from the European Commission. At 110 00:05:43,400 --> 00:05:46,599 Speaker 1: that time, the stock jumped, but today I Robot shares 111 00:05:46,640 --> 00:05:50,000 Speaker 1: down seventeen percent, the biggest intra day drop in nearly 112 00:05:50,080 --> 00:05:51,000 Speaker 1: three years. 113 00:05:51,440 --> 00:05:54,240 Speaker 9: Reddit is leading a class of twenty twenty four candidates 114 00:05:54,279 --> 00:05:56,800 Speaker 9: testing the waters for an initial public offering in the 115 00:05:56,880 --> 00:05:59,640 Speaker 9: United States. We're told the social media company as again 116 00:05:59,680 --> 00:06:03,359 Speaker 9: hold talks with potential investors for an IPO, and that 117 00:06:03,440 --> 00:06:06,200 Speaker 9: IPO could come as soon as the first quarter last year, 118 00:06:06,279 --> 00:06:08,839 Speaker 9: we reported that Reddit was working with Morgan Stanley and 119 00:06:08,839 --> 00:06:12,359 Speaker 9: Goldman Sachs on the listing. Separately, we hear Rubric, a 120 00:06:12,440 --> 00:06:16,320 Speaker 9: Microsoft backed cloud and data security startup, is also considering 121 00:06:16,360 --> 00:06:18,799 Speaker 9: holding its IPO as soon as in the first quarter, 122 00:06:19,160 --> 00:06:22,840 Speaker 9: and we're told Kim Karnashian's Skims underwear label is discussing 123 00:06:22,839 --> 00:06:26,080 Speaker 9: strategy options, including an IPO that could come as soon 124 00:06:26,120 --> 00:06:26,680 Speaker 9: as next year. 125 00:06:27,600 --> 00:06:30,400 Speaker 1: And The Wall Street Journal reported just an hour or 126 00:06:30,480 --> 00:06:33,680 Speaker 1: so ago that the fast fashion Chinese company shu In 127 00:06:34,279 --> 00:06:39,160 Speaker 1: has confidentially filed for a US IPO. Well, China's Central 128 00:06:39,160 --> 00:06:41,960 Speaker 1: Bank says it will press the country's banks to lower 129 00:06:42,120 --> 00:06:45,479 Speaker 1: real lending rates. Bloomberg Yvon Mann has the story in 130 00:06:45,520 --> 00:06:46,039 Speaker 1: Hong Kong. 131 00:06:46,560 --> 00:06:50,880 Speaker 12: The Central Bank's position is clear. Deflation has effectively pushed 132 00:06:50,960 --> 00:06:54,400 Speaker 12: up borrowing costs in price adjusted terms, and that has 133 00:06:54,440 --> 00:06:58,599 Speaker 12: stow concerns that real debt burdens will rise, undermining growth. 134 00:06:59,040 --> 00:07:01,800 Speaker 12: As a result, wants banks to do more to smooth 135 00:07:01,839 --> 00:07:05,840 Speaker 12: out volatility in their lending activity. That said, in its 136 00:07:05,839 --> 00:07:09,960 Speaker 12: third quarter Monetary policy report, the PBOC played down concerns 137 00:07:10,000 --> 00:07:13,400 Speaker 12: about deflation. It said, don't read too much into single 138 00:07:13,440 --> 00:07:17,560 Speaker 12: month credit data. A recent Bloomberg survey showed economists expect 139 00:07:17,640 --> 00:07:20,920 Speaker 12: China to wait until early next year to lower policy 140 00:07:21,000 --> 00:07:24,600 Speaker 12: rates after two cuts this year. In Hong Kong, I'm 141 00:07:24,720 --> 00:07:26,320 Speaker 12: von Mann Bloomberg. 142 00:07:25,960 --> 00:07:30,600 Speaker 9: Radio iphonemaker Honhai is expanding its footprint in India with 143 00:07:30,680 --> 00:07:34,480 Speaker 9: another one point six billion dollar investment. Bloomberg Joan Wong 144 00:07:34,640 --> 00:07:35,640 Speaker 9: has more from Hong Kong. 145 00:07:36,120 --> 00:07:38,560 Speaker 10: Han Hi says a huge budgeted expense will be used 146 00:07:38,600 --> 00:07:42,360 Speaker 10: for construction projects and what it calls operational needs, but 147 00:07:42,400 --> 00:07:46,239 Speaker 10: the company did not identify any locations. Honghai is among 148 00:07:46,280 --> 00:07:49,920 Speaker 10: many firms looking to diversify its business outside of China 149 00:07:50,120 --> 00:07:53,840 Speaker 10: due to geopolitical concerns. In September, the company set on 150 00:07:53,880 --> 00:07:56,520 Speaker 10: LinkedIn it planned to double the size of this business 151 00:07:56,560 --> 00:08:00,160 Speaker 10: in India. Fox Con already operates nine production camp as 152 00:08:00,160 --> 00:08:02,680 Speaker 10: it's there, and sales in the country run to about 153 00:08:02,760 --> 00:08:04,520 Speaker 10: ten billion dollars annually. 154 00:08:04,840 --> 00:08:05,440 Speaker 8: In Hong Kong. 155 00:08:05,520 --> 00:08:07,000 Speaker 10: To end long Bloomberg Radio. 156 00:08:07,480 --> 00:08:10,360 Speaker 1: Joining us now on the program is Larry Lieberg, Bloomberg 157 00:08:10,480 --> 00:08:14,640 Speaker 1: Editor on International Economics and Security team at Bloomberg, to 158 00:08:14,720 --> 00:08:17,120 Speaker 1: discuss the latest with Israel and Tomas. 159 00:08:17,280 --> 00:08:17,600 Speaker 10: Larry. 160 00:08:17,840 --> 00:08:19,840 Speaker 1: Great to have you with us. The pause is a 161 00:08:19,880 --> 00:08:23,520 Speaker 1: good thing. Let's hope it continues. Can we make the 162 00:08:23,640 --> 00:08:26,600 Speaker 1: jump in saying we don't know what both sides are thinking, 163 00:08:26,640 --> 00:08:30,040 Speaker 1: but can we sort of guess that both sides are 164 00:08:30,040 --> 00:08:32,720 Speaker 1: a bit tired of fighting, but there's just no easy 165 00:08:32,760 --> 00:08:33,200 Speaker 1: way out. 166 00:08:34,240 --> 00:08:38,400 Speaker 13: That's exactly true, and they're tired enough at least for 167 00:08:38,520 --> 00:08:44,880 Speaker 13: the moment that they're extending their agreement to swap hostages 168 00:08:45,240 --> 00:08:51,280 Speaker 13: for prisoners. And today, as planned, there was another exchange. 169 00:08:51,320 --> 00:08:56,520 Speaker 13: Eleven freed hostages arrived in Israel, and in the rather 170 00:08:56,840 --> 00:08:59,679 Speaker 13: elaborate one to three ratio of these deals, thirty three 171 00:08:59,720 --> 00:09:07,319 Speaker 13: pound Allestinians were released from imprisonment by Israel. But the 172 00:09:07,440 --> 00:09:11,000 Speaker 13: lasting impact of this because of the question you suggest, 173 00:09:11,240 --> 00:09:14,280 Speaker 13: and everybody's founded in their interest to extend this for 174 00:09:14,360 --> 00:09:17,439 Speaker 13: two more days, so rather than ending tomorrow, it'll go 175 00:09:17,800 --> 00:09:22,800 Speaker 13: through Thursday. Is there hope after that? Biden and others 176 00:09:22,800 --> 00:09:26,240 Speaker 13: certainly say so, And they also emphasize the improvement not 177 00:09:26,480 --> 00:09:30,080 Speaker 13: enough UN experts would tell you, but an improvement in 178 00:09:30,120 --> 00:09:33,600 Speaker 13: the delivery of humanitarian supplies to Gaza. 179 00:09:33,600 --> 00:09:37,679 Speaker 9: How are the calculations made, though, Larry, Because if Israel 180 00:09:37,880 --> 00:09:41,040 Speaker 9: is declaring that it will not stop until every last 181 00:09:41,120 --> 00:09:46,480 Speaker 9: Hamas membrance of order is gone, then presumably these prisoners 182 00:09:46,520 --> 00:09:48,960 Speaker 9: don't have very long right according to Israel's logic. 183 00:09:49,600 --> 00:09:54,520 Speaker 13: Well, yes, but Israel's political logic is also that all 184 00:09:54,520 --> 00:09:59,760 Speaker 13: are almost all of these hostages are Israelis, and there's 185 00:09:59,760 --> 00:10:03,560 Speaker 13: a very very strong political movement in Israel that they 186 00:10:04,320 --> 00:10:07,600 Speaker 13: must be brought back, and so that provides an incentive. 187 00:10:07,640 --> 00:10:10,960 Speaker 13: But yes, Israel said it can't just end this and 188 00:10:11,080 --> 00:10:15,400 Speaker 13: leave Hamas in place to attack again. And Hamas says 189 00:10:15,480 --> 00:10:20,040 Speaker 13: it's not giving up. So this clearly isn't a permanent 190 00:10:20,040 --> 00:10:23,760 Speaker 13: solution to anything. But the extension of it suggests everybody's 191 00:10:23,800 --> 00:10:28,199 Speaker 13: interest for the moment in extending it, and that also 192 00:10:28,559 --> 00:10:32,360 Speaker 13: that everybody's got a spin on this. Prime Minister and 193 00:10:32,440 --> 00:10:35,720 Speaker 13: Yahoo of Israel his offer. His office issued a statement 194 00:10:36,160 --> 00:10:42,920 Speaker 13: that Israel will welcome back our eleven abducted citizens will cutter. It, 195 00:10:43,000 --> 00:10:48,000 Speaker 13: which has served a crucial intermediary role, didn't describe the 196 00:10:48,040 --> 00:10:51,920 Speaker 13: as israelis taking us of their dual citizenship. It described 197 00:10:51,960 --> 00:10:55,960 Speaker 13: these as three French citizens, two Germans and six Argentinians 198 00:10:55,960 --> 00:10:59,600 Speaker 13: who are released today. So everybody has an angle. Everybody has, 199 00:10:59,679 --> 00:11:03,880 Speaker 13: so art In said up to continue playing this very 200 00:11:04,480 --> 00:11:09,040 Speaker 13: important game but there's clearly an end insight at. 201 00:11:09,040 --> 00:11:12,760 Speaker 1: Some point, Larry, there's a massive imbalance in those killed. 202 00:11:13,000 --> 00:11:17,080 Speaker 1: Hamas has some fifteen thousand gosins and Israeli say that 203 00:11:17,520 --> 00:11:21,480 Speaker 1: twelve hundred Israelis were killed in the initial attacks by Amas. 204 00:11:21,720 --> 00:11:24,120 Speaker 1: I'm wondering, I just want to get your thoughts on this. 205 00:11:24,360 --> 00:11:26,240 Speaker 1: I talked about this with Michael Heath, one of our 206 00:11:26,240 --> 00:11:31,760 Speaker 1: colleagues yesterday. Does that suggest in any way more or 207 00:11:31,880 --> 00:11:35,560 Speaker 1: less likelihood that Israel would agree to a longer pause? 208 00:11:35,600 --> 00:11:37,160 Speaker 1: And if you could also add to that, what does 209 00:11:37,200 --> 00:11:40,439 Speaker 1: it say about the international position here and the pressure 210 00:11:40,520 --> 00:11:41,680 Speaker 1: coming from other countries. 211 00:11:42,000 --> 00:11:44,880 Speaker 13: Well, I think there is a lot of pressure. Israel 212 00:11:44,920 --> 00:11:47,800 Speaker 13: would tell you that, first of all, at the beginning 213 00:11:47,840 --> 00:11:51,880 Speaker 13: of this Hamas, in a surprise attack, killed the most 214 00:11:52,040 --> 00:11:57,000 Speaker 13: Israelis who were which are murdered since the Holocaust. That's 215 00:11:57,040 --> 00:12:02,840 Speaker 13: an existential question for them. Response though has not met 216 00:12:02,880 --> 00:12:05,320 Speaker 13: with the approval of the world community, because they have 217 00:12:05,920 --> 00:12:13,120 Speaker 13: killed many times that of civilians in Gaza, and they 218 00:12:13,160 --> 00:12:16,760 Speaker 13: say with with I think clearly some truth that it 219 00:12:17,440 --> 00:12:22,480 Speaker 13: is in part because Hamas burrows under it has this 220 00:12:22,600 --> 00:12:28,079 Speaker 13: extraordinary series of tunnels under the civilian population. But still 221 00:12:28,200 --> 00:12:31,640 Speaker 13: The idea that they're using such large bombs us applied 222 00:12:32,200 --> 00:12:36,520 Speaker 13: in many cases, and that it's causing so many civilian 223 00:12:36,559 --> 00:12:40,120 Speaker 13: casualties have not gained favor in the world community. 224 00:12:40,760 --> 00:12:44,040 Speaker 9: Laurie, how much does Hamas know about all of the hostages? 225 00:12:44,080 --> 00:12:47,440 Speaker 9: So there seems to be suggestion that some are lost 226 00:12:47,520 --> 00:12:48,760 Speaker 9: or you know. 227 00:12:48,960 --> 00:12:51,960 Speaker 13: Yeah, well, they may know that some have died. They 228 00:12:52,000 --> 00:12:56,000 Speaker 13: also there also have been some indications that are other 229 00:12:56,800 --> 00:13:00,440 Speaker 13: terrorist offshoots that may have grabbed some of them, and 230 00:13:00,520 --> 00:13:07,360 Speaker 13: they may not have complete leeway to deal for them. 231 00:13:07,760 --> 00:13:09,800 Speaker 13: And so we may not get to the end of 232 00:13:09,840 --> 00:13:12,280 Speaker 13: this even if everyone wanted to keep extending it, with 233 00:13:12,880 --> 00:13:16,040 Speaker 13: all of the hostages freed and with all of them live. 234 00:13:16,440 --> 00:13:18,600 Speaker 13: And that's one of the mysteries and one of the 235 00:13:18,640 --> 00:13:19,760 Speaker 13: sad parts of this whole. 236 00:13:20,280 --> 00:13:24,760 Speaker 1: Yeah, you mentioned you mentioned US munitions, and we talked 237 00:13:24,800 --> 00:13:28,160 Speaker 1: about the imbalance in the number of dead. Are you 238 00:13:28,240 --> 00:13:33,280 Speaker 1: hearing anything about from Congress or the administration about conditionality 239 00:13:33,400 --> 00:13:36,640 Speaker 1: being placed on Israel in terms of future conduct of 240 00:13:36,640 --> 00:13:37,000 Speaker 1: this war. 241 00:13:37,679 --> 00:13:42,640 Speaker 13: Well, there certainly have been some questions raised by some Democrats, 242 00:13:42,679 --> 00:13:46,199 Speaker 13: Liberal Democrats especially, and even I think the President made 243 00:13:46,280 --> 00:13:48,960 Speaker 13: some passing remark it may not have been quite what 244 00:13:49,679 --> 00:13:52,840 Speaker 13: some people read into it, suggesting that the US is 245 00:13:52,960 --> 00:13:58,800 Speaker 13: concerned about providing weapons and how they're used in will 246 00:13:59,000 --> 00:14:04,280 Speaker 13: or should play some constraints on it. The problem again 247 00:14:04,440 --> 00:14:07,120 Speaker 13: is on the other side is I would say we 248 00:14:07,200 --> 00:14:10,000 Speaker 13: can't get to those underground tunnels, that we can't get 249 00:14:10,040 --> 00:14:14,839 Speaker 13: to those leaders with lightweight weapons, and that's the great 250 00:14:14,840 --> 00:14:16,040 Speaker 13: dilemma at this point. 251 00:14:17,040 --> 00:14:19,840 Speaker 1: This is Bloomberg Daybreak Asia, your morning brief on the 252 00:14:19,960 --> 00:14:23,560 Speaker 1: stories making news from Hong Kong to Singapore and Wall Street. 253 00:14:23,960 --> 00:14:27,960 Speaker 1: Look for us on your podcast feed every day, on Apple, Spotify, 254 00:14:28,160 --> 00:14:31,400 Speaker 1: and anywhere else you get your podcasts. You can also 255 00:14:31,440 --> 00:14:34,000 Speaker 1: listen live each day on Bloomberg eleven three to zero 256 00:14:34,000 --> 00:14:36,880 Speaker 1: in New York, Bloomberg ninety nine to one in Washington, 257 00:14:37,120 --> 00:14:40,760 Speaker 1: Bloomberg one six one in Boston, and Bloomberg nine sixty 258 00:14:41,000 --> 00:14:44,360 Speaker 1: in San Francisco. Our flagship New York station is also 259 00:14:44,440 --> 00:14:48,720 Speaker 1: available on your Amazon Alexa devices. Just say Alexa play 260 00:14:48,720 --> 00:14:51,960 Speaker 1: Bloomberg eleven thirty plus. Listen coast to coast on the 261 00:14:51,960 --> 00:14:56,440 Speaker 1: Bloomberg Business app, Sirius XM, the iHeartRadio app, and on 262 00:14:56,480 --> 00:14:59,760 Speaker 1: Bloomberg dot Com. I'm Brian Curtis. Join us again to 263 00:15:00,000 --> 00:15:02,600 Speaker 1: tomorrow for all the news you need to start your 264 00:15:02,680 --> 00:15:05,600 Speaker 1: day right here on Bloomberg Daybreak Asia 265 00:15:10,040 --> 00:15:10,440 Speaker 7: MHM