Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: Good morning, I'm Nathan Hager and I'm John Tucker. Here
Speaker 2: are the stories we're following today.
Speaker 3: John, we begin with the latest from the Middle East.
Speaker 3: Syrian president Bashar al Assad has fled to Moscow. Syrian
Speaker 3: rebels reached Damascus over the weekend and overthrew Asad's government
Speaker 3: following nearly fourteen years of civil war. We get more
Speaker 3: from Bloomberg Stewart Livingston Wallace.
Speaker 4: I think you would find a constituency out there that
Speaker 4: said it took five decades to get rid of them,
Speaker 4: But you know, in terms of the more immediate past, yeah,
Speaker 4: it was less than two weeks. And I think it
Speaker 4: was the What surprised everyone was the speed of which
Speaker 4: it happened on a number front. So number one, that
Speaker 4: the opposition forces and there are many, many of them,
Speaker 4: managed to unify and work together and move very rapidly.
Speaker 4: Secondly at how weak the Assad regime proved to be
Speaker 4: when under a little bit of pressure. And then the
Speaker 4: third really important thing is how reluctant both Russia and
Speaker 4: Iran were to step in, Because there was certainly an
Speaker 4: assumption among some analysts that Russia would absolutely intervene, and
Speaker 4: that just didn't happen.
Speaker 3: Bloeberg Stewart Livingston Walla says looters have started raiding the
Speaker 3: presidential palace and people have taken to the streets of
Speaker 3: Damascus to celebrate the Azad regime's demise.
Speaker 2: And now Israeli ground forces have crossed into Syria for
Speaker 2: the first time in more than fifty years. Israel's Foreign
Speaker 2: minister confirmed that they've struck chemical weapons facilities in Syria.
Speaker 2: It was described as a preventative measure. Israeli Prime Minister Benjaminetna,
Speaker 2: who welcomed the fall of Assad, who was a key
Speaker 2: ally of Iran and Lebdon and Hesblab militant group.
Speaker 5: This is a historic day for the Middle East, the
Speaker 5: collapse of the Acid regime. The tyranny in Damascus offers
Speaker 5: great opportunity, but also is flawed with significant dangers. This
Speaker 5: collapse is a direct result of our forceful action against
Speaker 5: Kibala and Iran Asad's main supporters. It's set off a
Speaker 5: chain reaction of all those who want to free themselves
Speaker 5: from this tyranny and it's oppression.
Speaker 2: Israeli Prime Minister Benjaminnett Yeho says the collapse of the
Speaker 2: Assaud regime I in Syria may help advance a deal
Speaker 2: to release the hostages held in Gaza.
Speaker 3: And over the weekend, John the US hit dozens of
Speaker 3: Islamic state targets in central Syria. President Biden is counsctioning
Speaker 3: Assad's fall from power could open the door to a
Speaker 3: resurgence of Islamic extremism.
Speaker 6: We're cleared eyed about the fact that isis will try
Speaker 6: to take advantage of any vacuum to re establish his
Speaker 6: capability and to create a safe haven. We will not
Speaker 6: let that happen.
Speaker 3: President Biden spoke from the White House as his administration
Speaker 3: keeps up heavy involvement in Israel's multi front war.
Speaker 2: And before the Assad regime's downfall. President elect Donald Trump
Speaker 2: spoke to NBC's Meet the Press for his first network
Speaker 2: TV interview since the Eluction win Trump telling moderator Kristin
Speaker 2: Welker one of his first day priorities will be issuing
Speaker 2: pardons to the Capitol Hill rioters on January sixth, twenty
Speaker 2: twenty one.
Speaker 7: Everything we're going to look at into the free places. Yeah, okay,
Speaker 7: but I'm going to be acting very quickly.
Speaker 2: The President link also repeating his threat to impose terrace
Speaker 2: on Canada and Mexico. He says he doesn't think it'll
Speaker 2: cost American consumers anything, but he can't guarantee it.
Speaker 7: I can't guarantee anything. I can't guarantee tomorrow, but I
Speaker 7: can say that if you look at my just pre COVID,
Speaker 7: we had the greatest economy in the history of our country.
Speaker 3: President like Trump also promised to end birthright citizenship through
Speaker 3: executive action, even though the Fourteenth Amendment guarantees citizenship to
Speaker 3: people born in US territory.
Speaker 7: If somebody sets a foot, just a foot, one foot,
Speaker 7: you don't need to on our land. Congratulations, you are
Speaker 7: now a citizen of the United States of America. Yes,
Speaker 7: we're going to end that because it's ridiculous.
Speaker 3: President delect was also asked about a key personnel decision.
Speaker 3: Will you try to replace Jerom Pell?
Speaker 7: No, I don't think so. I don't see it, but
Speaker 7: I don't. I think if I told him too, he would.
Speaker 3: Donald Trump also said he has spoken with Chinese President
Speaker 3: Shi Jinping in recent days. It's the first time he's
Speaker 3: mentioned direct contact with the Chinese leader since his election
Speaker 3: went and you could hear NBC's Meet the Press every
Speaker 3: Sunday on Bloomberg Radio.
Speaker 2: And we want to update you on the political crisis
Speaker 2: in Asia. South Korea's Justice ministry as banned President Yunsak
Speaker 2: Yule from traveling overseas. The ban comes as multiple investigations
Speaker 2: are underway following the embattled leader's brief declaration of martial law.
Speaker 2: The Cosmy Benchmark stock index closed down a further two
Speaker 2: point eight percent today, bringing its lines as the martial
Speaker 2: law declaration to more than five percent.
Speaker 3: On the flip side, John Hong Kong's benchmark index jumped
Speaker 3: two point eight percent. Those games came as China's top
Speaker 3: leaders announced they plan to loosen monetary policy and expand
Speaker 3: fiscal spending next year. The move is seen as a
Speaker 3: sign of confidence against President elect Trump's trade threats and
Speaker 3: is expected to boost the Chinese economy.
Speaker 2: I'm talking about spending. Another major story we're following this
Speaker 2: morning comes with the world of sports. Baseball star Won
Speaker 2: Soto has signed the richest contract ever of the sport,
Speaker 2: and let's get the latest from Bloomberg's John Stasher. John,
Speaker 2: Good morning, Good morning, John.
Speaker 8: This is what Mets fans were hoping for when Steve
Speaker 8: Cohen bought the team that no one would outspend him.
Speaker 8: Soto's deal with the Mets is for fifteen years that
Speaker 8: takes him to age forty one. It's worth seven hundred
Speaker 8: and sixty five million dollars. It will make fifty one
Speaker 8: million a year, and if he doesn't opt out in
Speaker 8: five years, that salary grows the fifty five million. Unlike
Speaker 8: shoey Otani's deal last year with the Dodgers, none of
Speaker 8: the salary is deferred. The Yankees, in their attempt to
Speaker 8: keep Soto, apparently finished a close second, their offer reportedly
Speaker 8: worth seven hundred and sixty million. John stashiew Were Bloomberg Sports,
Speaker 8: John and Nathan Okay, John.
Speaker 9: Thank you.
Speaker 3: We're going to get more reaction to the historic Soto
Speaker 3: deal in a few minutes, coming up in sports. But
Speaker 3: turning back to markets now, we're watching shares of inter
Speaker 3: Public Group in early trading. They are surging nearly fourteen percent.
Speaker 3: The Wall Street journals reporting Omnicom Group as an advanced
Speaker 3: talks to buy into Public in a deal that would
Speaker 3: create the world's largest advertising firm.
Speaker 2: I thanks Nathan vemperingsys to five oh Savil on Wall
Speaker 2: Street time for a look at some of the other
Speaker 2: stories making news in New York and around the world.
Speaker 2: Ever that we're joined by Bloomberg's Michael Barr Michael, Good Morning.
Speaker 10: Good morning John. The hunt for the gunman who killed
Speaker 10: United Healthcare CEO Brian Thompson in Manhattan has involved following
Speaker 10: leads in multiple states, According to law enforcement sources, NYPD
Speaker 10: divers have been scouring a pond in Central Park looking
Speaker 10: for evidence. New York Mayor Eric Adams would not say
Speaker 10: much about what divers hope to find. I don't want
Speaker 10: to do anything that's going to a friend join these investigators.
Speaker 4: Some of them have been up throughout the night while
Speaker 4: this investigation has taking place.
Speaker 9: But every piece is important to that puzzle.
Speaker 10: The backpack the shooter is seen wearing in video was
Speaker 10: found in Central Park Friday, and late Saturday, police release
Speaker 10: new photos of the suspect, seen in a taxi after
Speaker 10: the killing. Billionaire hip hop mogul jay Z has been
Speaker 10: added to an existing civil lawsuit against Sean Diddy Combs.
Speaker 10: He's being accused by an unidentified woman of sexually assaulting
Speaker 10: her when she was a thirteen year old girl. The
Speaker 10: incident allegedly happening after the two thousand VMAs. Jay Z
Speaker 10: vehemently denies the claim. A jury in New York will
Speaker 10: deliber eight for a fifth day today. In the trial
Speaker 10: of Daniel Penny, the judge presiding over the case dismissed
Speaker 10: the manslaughter charge after the jury was unable to reach
Speaker 10: a unanimous decision. Penny could face up to four years
Speaker 10: in prison if convicted on the charge of criminally negligent
Speaker 10: homicide he put Neely in a chokeold on the subway
Speaker 10: in New York City last year. It is possible that
Speaker 10: the jury could find him guilty of criminal negligence, which
Speaker 10: is a lower standard of culpability than manslaughter. President Joe
Speaker 10: Biden hosted this year's Kennedy's Center honorees at the White
Speaker 10: House before attending the forty seventh Kennedy Center Honors late
Speaker 10: last night. This year's honna rees are The Grateful Dead,
Speaker 10: Bonnie Raitt, Arturo Sandoval, The Apollo Theater, and filmmaker Francis
Speaker 10: Ford Coppola France.
Speaker 6: And I'm looking for work in February, so maybe you've
Speaker 6: got something for me? An a Biden de Nero combination here.
Speaker 6: I can't sing, I can't act, I can't dance to
Speaker 6: a damn thing, but I can help you.
Speaker 10: Also at the Kennedy Center honors first Lady Doctor Jill Biden,
Speaker 10: Vice President Kamala Harris, and second Gentleman Doug M. Hoff.
Speaker 10: Global News twenty four hours a day and whenever you
Speaker 10: want it with Bloomberg News. Now, I'm Michael Barr, and
Speaker 10: this is Bloomberg, John.
Speaker 2: Michael, thank you, and Tondell that it brings us to
Speaker 2: five to ten. John stansher back now for the rest
Speaker 2: of the sports is being drunk you by your Trient
Speaker 2: State OUTI Dealers.
Speaker 8: John, good morning, Good morning, John wansto only twenty six
Speaker 8: years old, He's already accomplished so much both individually and
Speaker 8: he led Washington to a world championship for the Yankees
Speaker 8: to a pendant, and that's what made him so appealing
Speaker 8: as a free agent. Several teams expressed interest, but in
Speaker 8: the end, it as expected, perimed came down to the
Speaker 8: Mets and Yankees, with the Mets offer of a total
Speaker 8: package worth seven hundred and sixty five million dollars, just
Speaker 8: five million more than the Yankee offer. What may have
Speaker 8: clinched the deal for the Mets is that if Soto
Speaker 8: doesn't opt out after five years, as salary grows, the
Speaker 8: deal could exceed eight hundred million. Just how bad is
Speaker 8: his NFL season in New York been Over the past
Speaker 8: two months, the combined record of the Jets and Giants
Speaker 8: one and sixteen. Both teams had chances to win in
Speaker 8: Week fourteen, especially the Jets. In Miami, the only trailed
Speaker 8: second half for three and a half minutes. They retook
Speaker 8: the lead on a field goal, but allowed the Dolphins
Speaker 8: to return the ensuing kicked off forty five yards. They
Speaker 8: were able to tie the game, and then they won
Speaker 8: the coin flip and in overtime march down the field.
Speaker 8: Miami beat the Jets thirty two to twenty six of
Speaker 8: the touchdown passed to a tone by all out of
Speaker 8: Johnny Smith. Jets fourth straight loss they've dropped seven the
Speaker 8: last eighth. The Giants had lost all of their last eight.
Speaker 8: Hosting New Orleans, they had virtually no offense in the
Speaker 8: first half, did come alive late, had a thirteen to
Speaker 8: play eighty two yard touchdown drive. They were in position
Speaker 8: to send the game to overtime. You needed only a
Speaker 8: Graham you know, chip shot field goal, it was blocked
Speaker 8: and the Saints won fourteen to eleven. The Giants coach
Speaker 8: Brian da Ball thought.
Speaker 3: They battled their tails off. I was probably the way
Speaker 3: they competed and we came up short.
Speaker 10: And it's tough, you know, you put everything into it.
Speaker 6: And it was again at the end and fund there's
Speaker 6: plenty of plays that could have made a difference.
Speaker 1: It came up short.
Speaker 8: Giants still winless at home. One board defeat ties the
Speaker 8: club record for the longest losing the game. Last night,
Speaker 8: Kansas City went to twelve and one narrow win over
Speaker 8: the Chargers nineteen seventeen. John Stashan were Bloomberg Sports JOHNA.
Speaker 9: Nathan Coast to Coast on Bloomberg Radio, nationwide on Sirius XM,
Speaker 9: and around the world on Bloomberg dot Com and the
Speaker 9: Bloomberg Business app. This is Bloomberg Daybreak.
Speaker 5: Good morning, I'm Nathan Hager.
Speaker 3: The world is bracing for more potential chaos in the
Speaker 3: Middle East after the rapid advance on Damascus that led
Speaker 3: to the downfall of Syrian President Boscher al Asad's government
Speaker 3: the first time, and Asad member has not been leading
Speaker 3: the Syrian regime in more than half a century joining
Speaker 3: us now. Bloomberg News Director for Europe, the Middle East
Speaker 3: and Africa, Rosalind Matheson Roz, Good morning. These developments over
Speaker 3: just the last weekend have been headspinning. How did this
Speaker 3: rebel advance happen so quickly? What do we know about
Speaker 3: this group that seems to have overrun the Syrian military?
Speaker 6: Good Morning, Well, I just say it.
Speaker 1: Was pretty startling how quickly it happened. In the end,
Speaker 1: we saw them start with Aleppo and then move through
Speaker 1: a series of cities, but advancing on Damascus with great speed.
Speaker 1: It seems as though the Syrian army didn't really put
Speaker 1: up any resistance, abandoned some of their posts. Cindy, a
Speaker 1: control Assad had over his military seems to have faded
Speaker 1: very quickly, and that just shows again you know, internally
Speaker 1: Siria for years has been a crumbling state, even with
Speaker 1: his very strong and ugly quite repressive rule. So in
Speaker 1: the minute, the military didn't support him, and so they
Speaker 1: faded away, and the rebels moved very quickly, and as
Speaker 1: we saw, with speed that shocked not just the rest
Speaker 1: of the world, but also seems to have shocked Aside himself.
Speaker 3: So what happens next Rose with a side apparently now
Speaker 3: seeking asylum in Moscow. What is the risk of a
Speaker 3: power vacuum one another power vacuum once again in the
Speaker 3: Middle East.
Speaker 1: Well, that is the real question because if you look
Speaker 1: at other examples around the world, mean Gaddafi, of course,
Speaker 1: Saddam Hussein in Iraq. Other times, when you have a
Speaker 1: very very strong man leader who has taken out, what
Speaker 1: comes in their place because they really kind of kept
Speaker 1: the country stitched together. So the question is what comes
Speaker 1: up now. Of course, we do have the rebel group
Speaker 1: known as HTS which led the charge here, their leader
Speaker 1: Mohammad al Jilani. Does he try and form a government,
Speaker 1: does he try and bring these other rebel groups in
Speaker 1: the country together. Of course that's a splinter group from
Speaker 1: al Qaeda, But there are a lot of other players
Speaker 1: in the country. And how do you go from military
Speaker 1: operations to being political players. They don't really have experience
Speaker 1: in politics. How do you form a government, how do
Speaker 1: you run government ministries? How workable is at So there's
Speaker 1: a lot of questions around that. There's a lot we
Speaker 1: don't know about how or when a government or new
Speaker 1: administration might come. We also don't know what opportunities this
Speaker 1: might give others in that vacuum. I mean, you saw
Speaker 1: the US President Joe Biden yesterday and others talking warning
Speaker 1: about Islamic State, which is still operating in Syria. That's
Speaker 1: why US troops are there to try and contain ISIS.
Speaker 1: So does this give them an opportunity to try and regroup.
Speaker 3: Now we've seen reports as well that Israeli ground truew
Speaker 3: on a Syrian buffer zone, that there have been strikes
Speaker 3: on suspected chemical weapons plants in Syria as well. What
Speaker 3: does this say about the power dynamic in the Middle
Speaker 3: East right now when Israel is fighting a multi front
Speaker 3: war and Iran, which had also been backing Syria, appears
Speaker 3: to be something on a bit of a backfoot potentially.
Speaker 1: Well, the chess board on this is very interesting. As
Speaker 1: you say, the two QI allies, Russia and Iran didn't
Speaker 1: really come in militarily to save Asad, and that's because
Speaker 1: they're dealing with their own conflicts, Russia with Ukraine around
Speaker 1: with its proxies that you were saying in the region
Speaker 1: in Lebanon and Gaza, and not inclined to step in.
Speaker 1: So where does that leave them in this where does
Speaker 1: it leave. Turkey, of course, which has got a strong
Speaker 1: interest in what happens in Syrian arguably is in a
Speaker 1: position now to influence events on the ground. And for Israel,
Speaker 1: of course, because they've got that border area, and as
Speaker 1: Benjamin Etnia he was saying yesterday, very much a defensive
Speaker 1: move for now well in that buffer zone, which has
Speaker 1: operated for nearly fifty years, the Syrian Army abandoned their
Speaker 1: posts and that's obviously your concern for Israel in maintaining
Speaker 1: its border area, so they zipped in there to the
Speaker 1: buffer zone in what he was saying is a defensive move,
Speaker 1: and perhaps a bit further into Syrian territory. They're also
Speaker 1: worried about who's going to control weapons in Syria in
Speaker 1: all of this, the question of whether there are a
Speaker 1: chemical weapons facilities still in Syria, so obviously concerned about that,
Speaker 1: which is why we've seen the strikes at Israel has
Speaker 1: announced today and that we'll be expected to continue. But
Speaker 1: that's largely appearing to be a defensive move by Israel.
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