1 00:00:01,040 --> 00:00:04,240 Speaker 1: News when you wanted with Bloomberg News. Now, I'm Brian 2 00:00:04,320 --> 00:00:08,039 Speaker 1: Curtis in Hong Kong. Israel is ramping up attacks on 3 00:00:08,119 --> 00:00:11,480 Speaker 1: Hamas in northern Gaza and on his Blaw forces in 4 00:00:11,560 --> 00:00:14,760 Speaker 1: Lebanon Israeli forces they are said to be planning another 5 00:00:14,840 --> 00:00:18,720 Speaker 1: round of strikes on Iran as well. The latest moves 6 00:00:18,760 --> 00:00:21,560 Speaker 1: by Israel in Gaza come almost a year to the 7 00:00:21,640 --> 00:00:25,360 Speaker 1: day that Hamas attacked Israel last October. In the meantime, 8 00:00:25,440 --> 00:00:29,520 Speaker 1: Vice President Kamala Harris tells CBS the US will continue 9 00:00:29,600 --> 00:00:32,519 Speaker 1: to pressure Israel to end its military campaign in the 10 00:00:32,520 --> 00:00:33,160 Speaker 1: Middle East. 11 00:00:33,400 --> 00:00:36,880 Speaker 2: Now, the work that we do diplomatically with the leadership 12 00:00:36,920 --> 00:00:42,839 Speaker 2: of Israel is an ongoing pursuit around making clear our principles, 13 00:00:43,280 --> 00:00:47,800 Speaker 2: which include the need for humanitarian aid, the need for 14 00:00:47,880 --> 00:00:51,479 Speaker 2: this war to end, the need for a deal to 15 00:00:51,560 --> 00:00:56,360 Speaker 2: be done which would release the hostages and create a ceasefire. 16 00:00:56,520 --> 00:00:59,040 Speaker 2: And we're not going to stop in terms of putting 17 00:00:59,040 --> 00:01:02,840 Speaker 2: that pressure in Israel and in the region, including Arab leaders. 18 00:01:03,200 --> 00:01:07,679 Speaker 1: Vice President Kamala Harris, speaking on CBS is sixty minutes well. 19 00:01:07,720 --> 00:01:11,280 Speaker 1: Residents of Florida, Georgia, and North Carolina are pushing to 20 00:01:11,319 --> 00:01:14,920 Speaker 1: clean up after Hurricane Helene. As they do so, a 21 00:01:15,000 --> 00:01:19,200 Speaker 1: new storm threat looms. Bloomberg's Ed Baxter is following this story. 22 00:01:19,640 --> 00:01:22,080 Speaker 3: A new storm, Milton is churning in the Atlantic as 23 00:01:22,080 --> 00:01:25,360 Speaker 3: a Category one hurricane, but Florida Governor Ron de Santa 24 00:01:25,440 --> 00:01:28,280 Speaker 3: says it could get the category four as it makes 25 00:01:28,360 --> 00:01:29,319 Speaker 3: landfall midweek. 26 00:01:29,520 --> 00:01:34,800 Speaker 4: This is something that potentially would be greater power outages 27 00:01:34,840 --> 00:01:37,920 Speaker 4: than what we just saw with Hurricane Helene. 28 00:01:37,560 --> 00:01:40,840 Speaker 3: And FAMA administrator Dean Criswell says cruise and funding are 29 00:01:40,959 --> 00:01:42,560 Speaker 3: there for Helene cleanup. 30 00:01:42,720 --> 00:01:45,280 Speaker 2: We know it's going to take time to repair the 31 00:01:45,319 --> 00:01:48,320 Speaker 2: infrastructure and get access to all of the roads in 32 00:01:48,360 --> 00:01:51,480 Speaker 2: the communities that either have limited access or no access 33 00:01:51,480 --> 00:01:51,800 Speaker 2: at all. 34 00:01:51,920 --> 00:01:55,840 Speaker 3: Chriswell says all the misinformation circulating that funds are being 35 00:01:55,880 --> 00:01:59,840 Speaker 3: diverted to help immigrants is ridiculous and false and not 36 00:02:00,080 --> 00:02:03,000 Speaker 3: helping people. Head Baxter Bloomberg Radio. 37 00:02:03,200 --> 00:02:06,000 Speaker 1: Oh Speaker Mike Johnson has laid out his agenda for 38 00:02:06,120 --> 00:02:09,120 Speaker 1: Republicans as they fight to hold the majority in the House. 39 00:02:09,440 --> 00:02:11,960 Speaker 1: Bloomberg's Amy Morris reports it is. 40 00:02:11,919 --> 00:02:14,960 Speaker 4: A five point policy agenda that includes extending the tax 41 00:02:15,000 --> 00:02:18,280 Speaker 4: cuts approved when Donald Trump was president, reducing the size 42 00:02:18,320 --> 00:02:21,240 Speaker 4: of the federal workforce and giving parents more choice on 43 00:02:21,280 --> 00:02:23,720 Speaker 4: where they send their kids to school. During a speech 44 00:02:23,760 --> 00:02:26,640 Speaker 4: at the New York Stock Exchange this week, Johnson provided 45 00:02:26,680 --> 00:02:29,800 Speaker 4: a bleak and dismal picture of where the US is now, 46 00:02:30,040 --> 00:02:32,480 Speaker 4: even though the economy continues to grow at a solid 47 00:02:32,520 --> 00:02:36,680 Speaker 4: base and inflation is declining. In Washington, Amy Morris Bloomberg. 48 00:02:36,280 --> 00:02:41,160 Speaker 1: Radio, Volkswagen sees possible retaliation coming from China after the 49 00:02:41,240 --> 00:02:45,200 Speaker 1: EU imposed new tariffs on Chinese autos. Bloomberg's Bonnie Ow 50 00:02:45,320 --> 00:02:46,760 Speaker 1: has more from Hong Kong. 51 00:02:46,880 --> 00:02:50,960 Speaker 5: CEO Oliver Bloomer said Folkswagen is hoping for an alternative solution. 52 00:02:51,480 --> 00:02:54,160 Speaker 5: He said companies that create jobs in Europe should receive 53 00:02:54,240 --> 00:02:57,680 Speaker 5: benefits such as an exemption of the new tariffs. If 54 00:02:57,720 --> 00:03:01,560 Speaker 5: that doesn't happen, he fears retribution in China. Meanwhile, on 55 00:03:01,600 --> 00:03:05,799 Speaker 5: the vote, Julia Poulas, Canova Transport and Environment senior directors, 56 00:03:05,840 --> 00:03:08,480 Speaker 5: said the votes it's good for manufacturing in Europe now. 57 00:03:08,480 --> 00:03:11,160 Speaker 6: I certainly already see in some of the data that 58 00:03:11,400 --> 00:03:13,840 Speaker 6: some of the Chinese companies will still be doing really well. 59 00:03:13,880 --> 00:03:16,320 Speaker 6: They have a good product. We still will see those 60 00:03:16,360 --> 00:03:18,640 Speaker 6: brands on the European market, but they will likely be 61 00:03:18,720 --> 00:03:21,880 Speaker 6: producing here rather than importing it from China. 62 00:03:22,120 --> 00:03:25,840 Speaker 5: That said, it could backfire. Shortly after the vote, Beijing 63 00:03:25,880 --> 00:03:29,520 Speaker 5: threatened its own turffs on European dairy, brandy, pork, and 64 00:03:29,600 --> 00:03:33,200 Speaker 5: automobile sectors. In Hong Kong, I'm bonni Our Bloomberg Radio. 65 00:03:33,480 --> 00:03:36,640 Speaker 1: In other news, the recent massive rally in Chinese stocks 66 00:03:36,760 --> 00:03:40,200 Speaker 1: is not without its dowters. Bloomberg's Minmin Loo has more 67 00:03:40,240 --> 00:03:41,000 Speaker 1: from Hong Kong. 68 00:03:41,320 --> 00:03:45,280 Speaker 7: Chinese shares have skyrocketed since late September after china Steamless blitz, 69 00:03:45,480 --> 00:03:49,240 Speaker 7: but not everyone is buying in Some films, like JP Morgan, 70 00:03:49,360 --> 00:03:53,800 Speaker 7: Invesco and HSBC are concerned that many stocks are now overvalued. 71 00:03:54,080 --> 00:03:56,720 Speaker 7: They're waiting for Beijing to back up its steamless pledges 72 00:03:56,760 --> 00:04:00,600 Speaker 7: with real money. Some investors and strategists are also vary 73 00:04:00,640 --> 00:04:03,880 Speaker 7: on what the stimulus means for the nation's bonds and currency. 74 00:04:04,480 --> 00:04:07,440 Speaker 7: China's bonds have dropped since the stock rally started, and 75 00:04:07,480 --> 00:04:11,600 Speaker 7: the currency has strengthened. That could create some new unwanted volatility. 76 00:04:11,920 --> 00:04:14,400 Speaker 7: In Hong Kong. I'm min Minlow, Bloomberg Radio. 77 00:04:15,040 --> 00:04:18,000 Speaker 1: In sports news. In baseball, Nick Castellana s ripped a 78 00:04:18,080 --> 00:04:20,640 Speaker 1: single in the ninth inning to lift the Philadelphia Phillies 79 00:04:20,680 --> 00:04:22,880 Speaker 1: to a seven to six win over the New York Mets. 80 00:04:23,360 --> 00:04:26,120 Speaker 1: The walk off victory for the Phillies ties the playoff 81 00:04:26,160 --> 00:04:30,279 Speaker 1: series at one game apiece. In a slugfest in Los Angeles, 82 00:04:30,320 --> 00:04:33,160 Speaker 1: the San Diego Padres beat the Dodgers ten to two 83 00:04:33,440 --> 00:04:36,760 Speaker 1: to even up that series at one one. And In 84 00:04:36,839 --> 00:04:40,480 Speaker 1: other news, horse racing has come to an end in Singapore. 85 00:04:40,640 --> 00:04:42,760 Speaker 1: Details from Bloomberg's Dan Schwartzmann. 86 00:04:43,000 --> 00:04:45,159 Speaker 8: It's the end of an era that lasted one hundred 87 00:04:45,160 --> 00:04:47,359 Speaker 8: and eighty one years, as horse racing will be no 88 00:04:47,440 --> 00:04:50,040 Speaker 8: more in Singapore. As as Singapore Turf Club hosted this 89 00:04:50,160 --> 00:04:52,599 Speaker 8: last race day before the government took over the track 90 00:04:52,640 --> 00:04:55,320 Speaker 8: to build new homes. The three hundred acre site will 91 00:04:55,360 --> 00:04:57,920 Speaker 8: be bulldozed for new public and private homes as a 92 00:04:58,000 --> 00:05:00,680 Speaker 8: nation looks to keep pace with its growing popular of 93 00:05:00,760 --> 00:05:03,400 Speaker 8: six million plus people living on land the size of 94 00:05:03,440 --> 00:05:06,320 Speaker 8: New York City. The country's last eighteen hohole public golf 95 00:05:06,360 --> 00:05:11,040 Speaker 8: course closed last year, also for redevelopment. Dan Schwartzman, Bloomberg Radio. 96 00:05:11,760 --> 00:05:14,839 Speaker 1: That's news when you want it with Bloomberg News Now. 97 00:05:15,200 --> 00:05:17,040 Speaker 1: I'm Brian Curtis. This is Bloomberg,