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Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.

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Speaker 2: Good morning, I'm Nathan Hager and I'm John Tucker. Here

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Speaker 2: are the stories we're following today.

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Speaker 3: John, we begin with the latest from the Middle East.

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Speaker 3: Syrian president Bashar al Assad has fled to Moscow. Syrian

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Speaker 3: rebels reached Damascus over the weekend and overthrew Asad's government

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Speaker 3: following nearly fourteen years of civil war. We get more

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Speaker 3: from Bloomberg Stewart Livingston Wallace.

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Speaker 4: I think you would find a constituency out there that

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Speaker 4: said it took five decades to get rid of them,

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Speaker 4: But you know, in terms of the more immediate past, yeah,

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Speaker 4: it was less than two weeks. And I think it

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Speaker 4: was the What surprised everyone was the speed of which

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Speaker 4: it happened on a number front. So number one, that

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Speaker 4: the opposition forces and there are many, many of them,

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Speaker 4: managed to unify and work together and move very rapidly.

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Speaker 4: Secondly at how weak the Assad regime proved to be

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Speaker 4: when under a little bit of pressure. And then the

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Speaker 4: third really important thing is how reluctant both Russia and

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Speaker 4: Iran were to step in, Because there was certainly an

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Speaker 4: assumption among some analysts that Russia would absolutely intervene, and

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Speaker 4: that just didn't happen.

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Speaker 3: Bloeberg Stewart Livingston Walla says looters have started raiding the

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Speaker 3: presidential palace and people have taken to the streets of

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Speaker 3: Damascus to celebrate the Azad regime's demise.

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Speaker 2: And now Israeli ground forces have crossed into Syria for

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Speaker 2: the first time in more than fifty years. Israel's Foreign

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Speaker 2: minister confirmed that they've struck chemical weapons facilities in Syria.

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Speaker 2: It was described as a preventative measure. Israeli Prime Minister Benjaminetna,

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Speaker 2: who welcomed the fall of Assad, who was a key

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Speaker 2: ally of Iran and Lebdon and Hesblab militant group.

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Speaker 5: This is a historic day for the Middle East, the

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Speaker 5: collapse of the Acid regime. The tyranny in Damascus offers

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Speaker 5: great opportunity, but also is flawed with significant dangers. This

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Speaker 5: collapse is a direct result of our forceful action against

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Speaker 5: Kibala and Iran Asad's main supporters. It's set off a

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Speaker 5: chain reaction of all those who want to free themselves

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Speaker 5: from this tyranny and it's oppression.

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Speaker 2: Israeli Prime Minister Benjaminnett Yeho says the collapse of the

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Speaker 2: Assaud regime I in Syria may help advance a deal

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Speaker 2: to release the hostages held in Gaza.

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Speaker 3: And over the weekend, John the US hit dozens of

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Speaker 3: Islamic state targets in central Syria. President Biden is counsctioning

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Speaker 3: Assad's fall from power could open the door to a

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Speaker 3: resurgence of Islamic extremism.

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Speaker 6: We're cleared eyed about the fact that isis will try

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Speaker 6: to take advantage of any vacuum to re establish his

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Speaker 6: capability and to create a safe haven. We will not

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Speaker 6: let that happen.

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Speaker 3: President Biden spoke from the White House as his administration

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Speaker 3: keeps up heavy involvement in Israel's multi front war.

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Speaker 2: And before the Assad regime's downfall. President elect Donald Trump

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Speaker 2: spoke to NBC's Meet the Press for his first network

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Speaker 2: TV interview since the Eluction win Trump telling moderator Kristin

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Speaker 2: Welker one of his first day priorities will be issuing

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Speaker 2: pardons to the Capitol Hill rioters on January sixth, twenty

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Speaker 2: twenty one.

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Speaker 7: Everything we're going to look at into the free places. Yeah, okay,

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Speaker 7: but I'm going to be acting very quickly.

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Speaker 2: The President link also repeating his threat to impose terrace

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Speaker 2: on Canada and Mexico. He says he doesn't think it'll

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Speaker 2: cost American consumers anything, but he can't guarantee it.

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Speaker 7: I can't guarantee anything. I can't guarantee tomorrow, but I

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Speaker 7: can say that if you look at my just pre COVID,

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Speaker 7: we had the greatest economy in the history of our country.

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Speaker 3: President like Trump also promised to end birthright citizenship through

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Speaker 3: executive action, even though the Fourteenth Amendment guarantees citizenship to

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Speaker 3: people born in US territory.

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Speaker 7: If somebody sets a foot, just a foot, one foot,

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Speaker 7: you don't need to on our land. Congratulations, you are

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Speaker 7: now a citizen of the United States of America. Yes,

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Speaker 7: we're going to end that because it's ridiculous.

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Speaker 3: President delect was also asked about a key personnel decision.

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Speaker 3: Will you try to replace Jerom Pell?

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Speaker 7: No, I don't think so. I don't see it, but

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Speaker 7: I don't. I think if I told him too, he would.

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Speaker 3: Donald Trump also said he has spoken with Chinese President

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Speaker 3: Shi Jinping in recent days. It's the first time he's

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Speaker 3: mentioned direct contact with the Chinese leader since his election

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Speaker 3: went and you could hear NBC's Meet the Press every

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Speaker 3: Sunday on Bloomberg Radio.

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Speaker 2: And we want to update you on the political crisis

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Speaker 2: in Asia. South Korea's Justice ministry as banned President Yunsak

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Speaker 2: Yule from traveling overseas. The ban comes as multiple investigations

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Speaker 2: are underway following the embattled leader's brief declaration of martial law.

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Speaker 2: The Cosmy Benchmark stock index closed down a further two

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Speaker 2: point eight percent today, bringing its lines as the martial

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Speaker 2: law declaration to more than five percent.

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Speaker 3: On the flip side, John Hong Kong's benchmark index jumped

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Speaker 3: two point eight percent. Those games came as China's top

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Speaker 3: leaders announced they plan to loosen monetary policy and expand

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Speaker 3: fiscal spending next year. The move is seen as a

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Speaker 3: sign of confidence against President elect Trump's trade threats and

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Speaker 3: is expected to boost the Chinese economy.

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Speaker 2: I'm talking about spending. Another major story we're following this

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Speaker 2: morning comes with the world of sports. Baseball star Won

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Speaker 2: Soto has signed the richest contract ever of the sport,

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Speaker 2: and let's get the latest from Bloomberg's John Stasher. John,

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Speaker 2: Good morning, Good morning, John.

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Speaker 8: This is what Mets fans were hoping for when Steve

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Speaker 8: Cohen bought the team that no one would outspend him.

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Speaker 8: Soto's deal with the Mets is for fifteen years that

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Speaker 8: takes him to age forty one. It's worth seven hundred

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Speaker 8: and sixty five million dollars. It will make fifty one

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Speaker 8: million a year, and if he doesn't opt out in

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Speaker 8: five years, that salary grows the fifty five million. Unlike

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Speaker 8: shoey Otani's deal last year with the Dodgers, none of

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Speaker 8: the salary is deferred. The Yankees, in their attempt to

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Speaker 8: keep Soto, apparently finished a close second, their offer reportedly

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Speaker 8: worth seven hundred and sixty million. John stashiew Were Bloomberg Sports,

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Speaker 8: John and Nathan Okay, John.

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Speaker 9: Thank you.

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Speaker 3: We're going to get more reaction to the historic Soto

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Speaker 3: deal in a few minutes, coming up in sports. But

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Speaker 3: turning back to markets now, we're watching shares of inter

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Speaker 3: Public Group in early trading. They are surging nearly fourteen percent.

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Speaker 3: The Wall Street journals reporting Omnicom Group as an advanced

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Speaker 3: talks to buy into Public in a deal that would

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Speaker 3: create the world's largest advertising firm.

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Speaker 2: I thanks Nathan vemperingsys to five oh Savil on Wall

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Speaker 2: Street time for a look at some of the other

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Speaker 2: stories making news in New York and around the world.

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Speaker 2: Ever that we're joined by Bloomberg's Michael Barr Michael, Good Morning.

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Speaker 10: Good morning John. The hunt for the gunman who killed

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Speaker 10: United Healthcare CEO Brian Thompson in Manhattan has involved following

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Speaker 10: leads in multiple states, According to law enforcement sources, NYPD

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Speaker 10: divers have been scouring a pond in Central Park looking

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Speaker 10: for evidence. New York Mayor Eric Adams would not say

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Speaker 10: much about what divers hope to find. I don't want

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Speaker 10: to do anything that's going to a friend join these investigators.

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Speaker 4: Some of them have been up throughout the night while

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Speaker 4: this investigation has taking place.

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Speaker 9: But every piece is important to that puzzle.

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Speaker 10: The backpack the shooter is seen wearing in video was

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Speaker 10: found in Central Park Friday, and late Saturday, police release

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Speaker 10: new photos of the suspect, seen in a taxi after

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Speaker 10: the killing. Billionaire hip hop mogul jay Z has been

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Speaker 10: added to an existing civil lawsuit against Sean Diddy Combs.

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Speaker 10: He's being accused by an unidentified woman of sexually assaulting

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Speaker 10: her when she was a thirteen year old girl. The

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Speaker 10: incident allegedly happening after the two thousand VMAs. Jay Z

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Speaker 10: vehemently denies the claim. A jury in New York will

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Speaker 10: deliber eight for a fifth day today. In the trial

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Speaker 10: of Daniel Penny, the judge presiding over the case dismissed

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Speaker 10: the manslaughter charge after the jury was unable to reach

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Speaker 10: a unanimous decision. Penny could face up to four years

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Speaker 10: in prison if convicted on the charge of criminally negligent

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Speaker 10: homicide he put Neely in a chokeold on the subway

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Speaker 10: in New York City last year. It is possible that

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Speaker 10: the jury could find him guilty of criminal negligence, which

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Speaker 10: is a lower standard of culpability than manslaughter. President Joe

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Speaker 10: Biden hosted this year's Kennedy's Center honorees at the White

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Speaker 10: House before attending the forty seventh Kennedy Center Honors late

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Speaker 10: last night. This year's honna rees are The Grateful Dead,

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Speaker 10: Bonnie Raitt, Arturo Sandoval, The Apollo Theater, and filmmaker Francis

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Speaker 10: Ford Coppola France.

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Speaker 6: And I'm looking for work in February, so maybe you've

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Speaker 6: got something for me? An a Biden de Nero combination here.

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Speaker 6: I can't sing, I can't act, I can't dance to

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Speaker 6: a damn thing, but I can help you.

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Speaker 10: Also at the Kennedy Center honors first Lady Doctor Jill Biden,

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Speaker 10: Vice President Kamala Harris, and second Gentleman Doug M. Hoff.

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Speaker 10: Global News twenty four hours a day and whenever you

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Speaker 10: want it with Bloomberg News. Now, I'm Michael Barr, and

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Speaker 10: this is Bloomberg, John.

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Speaker 2: Michael, thank you, and Tondell that it brings us to

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Speaker 2: five to ten. John stansher back now for the rest

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Speaker 2: of the sports is being drunk you by your Trient

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Speaker 2: State OUTI Dealers.

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Speaker 8: John, good morning, Good morning, John wansto only twenty six

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Speaker 8: years old, He's already accomplished so much both individually and

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Speaker 8: he led Washington to a world championship for the Yankees

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Speaker 8: to a pendant, and that's what made him so appealing

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Speaker 8: as a free agent. Several teams expressed interest, but in

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Speaker 8: the end, it as expected, perimed came down to the

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Speaker 8: Mets and Yankees, with the Mets offer of a total

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Speaker 8: package worth seven hundred and sixty five million dollars, just

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Speaker 8: five million more than the Yankee offer. What may have

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Speaker 8: clinched the deal for the Mets is that if Soto

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Speaker 8: doesn't opt out after five years, as salary grows, the

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Speaker 8: deal could exceed eight hundred million. Just how bad is

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Speaker 8: his NFL season in New York been Over the past

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Speaker 8: two months, the combined record of the Jets and Giants

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Speaker 8: one and sixteen. Both teams had chances to win in

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Speaker 8: Week fourteen, especially the Jets. In Miami, the only trailed

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Speaker 8: second half for three and a half minutes. They retook

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Speaker 8: the lead on a field goal, but allowed the Dolphins

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Speaker 8: to return the ensuing kicked off forty five yards. They

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Speaker 8: were able to tie the game, and then they won

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Speaker 8: the coin flip and in overtime march down the field.

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Speaker 8: Miami beat the Jets thirty two to twenty six of

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Speaker 8: the touchdown passed to a tone by all out of

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Speaker 8: Johnny Smith. Jets fourth straight loss they've dropped seven the

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Speaker 8: last eighth. The Giants had lost all of their last eight.

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Speaker 8: Hosting New Orleans, they had virtually no offense in the

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Speaker 8: first half, did come alive late, had a thirteen to

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Speaker 8: play eighty two yard touchdown drive. They were in position

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Speaker 8: to send the game to overtime. You needed only a

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Speaker 8: Graham you know, chip shot field goal, it was blocked

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Speaker 8: and the Saints won fourteen to eleven. The Giants coach

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Speaker 8: Brian da Ball thought.

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Speaker 3: They battled their tails off. I was probably the way

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Speaker 3: they competed and we came up short.

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Speaker 10: And it's tough, you know, you put everything into it.

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Speaker 6: And it was again at the end and fund there's

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Speaker 6: plenty of plays that could have made a difference.

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Speaker 1: It came up short.

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Speaker 8: Giants still winless at home. One board defeat ties the

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Speaker 8: club record for the longest losing the game. Last night,

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Speaker 8: Kansas City went to twelve and one narrow win over

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Speaker 8: the Chargers nineteen seventeen. John Stashan were Bloomberg Sports JOHNA.

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Speaker 9: Nathan Coast to Coast on Bloomberg Radio, nationwide on Sirius XM,

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Speaker 9: and around the world on Bloomberg dot Com and the

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Speaker 9: Bloomberg Business app. This is Bloomberg Daybreak.

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Speaker 5: Good morning, I'm Nathan Hager.

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Speaker 3: The world is bracing for more potential chaos in the

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Speaker 3: Middle East after the rapid advance on Damascus that led

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Speaker 3: to the downfall of Syrian President Boscher al Asad's government

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Speaker 3: the first time, and Asad member has not been leading

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Speaker 3: the Syrian regime in more than half a century joining

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Speaker 3: us now. Bloomberg News Director for Europe, the Middle East

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Speaker 3: and Africa, Rosalind Matheson Roz, Good morning. These developments over

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Speaker 3: just the last weekend have been headspinning. How did this

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Speaker 3: rebel advance happen so quickly? What do we know about

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Speaker 3: this group that seems to have overrun the Syrian military?

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Speaker 6: Good Morning, Well, I just say it.

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Speaker 1: Was pretty startling how quickly it happened. In the end,

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Speaker 1: we saw them start with Aleppo and then move through

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Speaker 1: a series of cities, but advancing on Damascus with great speed.

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Speaker 1: It seems as though the Syrian army didn't really put

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Speaker 1: up any resistance, abandoned some of their posts. Cindy, a

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Speaker 1: control Assad had over his military seems to have faded

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Speaker 1: very quickly, and that just shows again you know, internally

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Speaker 1: Siria for years has been a crumbling state, even with

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Speaker 1: his very strong and ugly quite repressive rule. So in

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Speaker 1: the minute, the military didn't support him, and so they

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Speaker 1: faded away, and the rebels moved very quickly, and as

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Speaker 1: we saw, with speed that shocked not just the rest

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Speaker 1: of the world, but also seems to have shocked Aside himself.

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Speaker 3: So what happens next Rose with a side apparently now

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Speaker 3: seeking asylum in Moscow. What is the risk of a

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Speaker 3: power vacuum one another power vacuum once again in the

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Speaker 3: Middle East.

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Speaker 1: Well, that is the real question because if you look

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Speaker 1: at other examples around the world, mean Gaddafi, of course,

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Speaker 1: Saddam Hussein in Iraq. Other times, when you have a

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Speaker 1: very very strong man leader who has taken out, what

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Speaker 1: comes in their place because they really kind of kept

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Speaker 1: the country stitched together. So the question is what comes

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Speaker 1: up now. Of course, we do have the rebel group

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Speaker 1: known as HTS which led the charge here, their leader

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Speaker 1: Mohammad al Jilani. Does he try and form a government,

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Speaker 1: does he try and bring these other rebel groups in

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Speaker 1: the country together. Of course that's a splinter group from

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Speaker 1: al Qaeda, But there are a lot of other players

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Speaker 1: in the country. And how do you go from military

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Speaker 1: operations to being political players. They don't really have experience

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Speaker 1: in politics. How do you form a government, how do

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Speaker 1: you run government ministries? How workable is at So there's

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Speaker 1: a lot of questions around that. There's a lot we

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Speaker 1: don't know about how or when a government or new

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Speaker 1: administration might come. We also don't know what opportunities this

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Speaker 1: might give others in that vacuum. I mean, you saw

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Speaker 1: the US President Joe Biden yesterday and others talking warning

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Speaker 1: about Islamic State, which is still operating in Syria. That's

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Speaker 1: why US troops are there to try and contain ISIS.

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Speaker 1: So does this give them an opportunity to try and regroup.

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Speaker 3: Now we've seen reports as well that Israeli ground truew

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Speaker 3: on a Syrian buffer zone, that there have been strikes

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Speaker 3: on suspected chemical weapons plants in Syria as well. What

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Speaker 3: does this say about the power dynamic in the Middle

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Speaker 3: East right now when Israel is fighting a multi front

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Speaker 3: war and Iran, which had also been backing Syria, appears

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Speaker 3: to be something on a bit of a backfoot potentially.

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Speaker 1: Well, the chess board on this is very interesting. As

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Speaker 1: you say, the two QI allies, Russia and Iran didn't

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Speaker 1: really come in militarily to save Asad, and that's because

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Speaker 1: they're dealing with their own conflicts, Russia with Ukraine around

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Speaker 1: with its proxies that you were saying in the region

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Speaker 1: in Lebanon and Gaza, and not inclined to step in.

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Speaker 1: So where does that leave them in this where does

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Speaker 1: it leave. Turkey, of course, which has got a strong

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Speaker 1: interest in what happens in Syrian arguably is in a

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Speaker 1: position now to influence events on the ground. And for Israel,

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Speaker 1: of course, because they've got that border area, and as

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Speaker 1: Benjamin Etnia he was saying yesterday, very much a defensive

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Speaker 1: move for now well in that buffer zone, which has

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Speaker 1: operated for nearly fifty years, the Syrian Army abandoned their

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Speaker 1: posts and that's obviously your concern for Israel in maintaining

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Speaker 1: its border area, so they zipped in there to the

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Speaker 1: buffer zone in what he was saying is a defensive move,

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Speaker 1: and perhaps a bit further into Syrian territory. They're also

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Speaker 1: worried about who's going to control weapons in Syria in

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Speaker 1: all of this, the question of whether there are a

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Speaker 1: chemical weapons facilities still in Syria, so obviously concerned about that,

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Speaker 1: which is why we've seen the strikes at Israel has

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Speaker 1: announced today and that we'll be expected to continue. But

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Speaker 1: that's largely appearing to be a defensive move by Israel.

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