WEBVTT - Special Coverage: Hamas Agrees To Release Israeli Hostages

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>This is a breaking news update from Bloomberg instant reaction

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<v Speaker 2>and analysis from our three thousand journalists and analysts around

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<v Speaker 2>the world. Hamas said it has agreed to parts at

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<v Speaker 2>least of President Trump's peace plan, and it agrees to

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<v Speaker 2>release all of the Israeli hostages. President Trump responding in

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<v Speaker 2>a statement, saying in part that Israel must immediately stop

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<v Speaker 2>bombing Gaza, but that believes Hamas is ready for peace.

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<v Speaker 3>I want to thank the countries that helped me put

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<v Speaker 3>this together. Qatar, Turkey, Saudi Arabia, Egypt, Jordan, and so

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<v Speaker 3>many others. So many people fought so hard. This is

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<v Speaker 3>a big day. We'll see how it all turns out.

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<v Speaker 3>We have to get the final word down and concrete.

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<v Speaker 2>Joining us now with his perspective, Democratic Congressman Gregory Meeks

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<v Speaker 2>of New York. He is, of course, ranking member of

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<v Speaker 2>the House Foreign Affairs Committee as well a member of

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<v Speaker 2>the House Financial Services Committee. It's great to have you

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<v Speaker 2>back with us, Congressman. How should we be viewing this moment?

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<v Speaker 2>Donald Trump got the hostages released. Does he deserve vindication

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<v Speaker 2>for the way he's handled this conflict?

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<v Speaker 4>Well? I think that his twenty point proposal I agreed

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<v Speaker 4>with as well as the regional partners, and so therefore

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<v Speaker 4>that is a good thing. Came out in support of it.

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<v Speaker 4>This is diplomacy. This is the way that I think

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<v Speaker 4>that we ultimately will solve what's happening in the Middle

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<v Speaker 4>East and to have some real and true peace. Now,

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<v Speaker 4>I've been a big proponent, for example, of the Abraham Accords,

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<v Speaker 4>and that too was started by Donald Trump in his

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<v Speaker 4>first administration. Again, it's important, significant, and we've got to

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<v Speaker 4>give diplomacy an opportunity to work. And just what you

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<v Speaker 4>reported is important. Also, Israel should not continue bombing Gaza.

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<v Speaker 5>I agree with the President on that.

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<v Speaker 4>Let's try to see if we can get this thing done,

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<v Speaker 4>that the negotiations continue in that regards at least the

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<v Speaker 4>clarifications of what the twenty points is, and let's try

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<v Speaker 4>to make sure we can finally change the situation in

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<v Speaker 4>the Middle East where you can have a Palestinian state

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<v Speaker 4>side by side with a Jewish state of Israel.

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<v Speaker 2>Well, of course, I don't need to tell you congressmen

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<v Speaker 2>that both parties here have a record of not making

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<v Speaker 2>good on cease fire agreements on any agreements for that matter.

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<v Speaker 2>That goes for both Hamas and Benjamin and Yahoo as

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<v Speaker 2>the ranking member of foreign affairs, how much time will

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<v Speaker 2>you give this before it has credibility?

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<v Speaker 4>Well, I think that diplomacy leads more time than just

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<v Speaker 4>to Sunday, that's for sure. I would think that, you know,

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<v Speaker 4>a week of a couple of weeks should be able

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<v Speaker 4>to hash this thing out. And I think that the

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<v Speaker 4>aid of Golf countries and other countries that also have

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<v Speaker 4>signed off on the twenty point plan, along with the

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<v Speaker 4>United States and in Israel, we should be able to

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<v Speaker 4>get it done. I think that we're getting close. We're

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<v Speaker 4>getting very very close. But of course the devil is

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<v Speaker 4>always in the details. Let these details be discussed and

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<v Speaker 4>ration out, because you don't want a situation where there's

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<v Speaker 4>been a misinterpretation of what should or should not happen,

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<v Speaker 4>and then everything goes to put and we're.

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<v Speaker 5>Back to where we started from.

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<v Speaker 4>So let'swi and cross ant that we.

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<v Speaker 2>Can Benjamin Etnia, who has been seen as a pariah

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<v Speaker 2>by many in the region because of the high number

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<v Speaker 2>of civilian casualties that we've seen among Palestinians living in Gaza.

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<v Speaker 2>If this is real congressmen, and this is in fact

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<v Speaker 2>the paths to peace. Did we just prove that you

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<v Speaker 2>must meet strength with greater strength?

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<v Speaker 4>Well, no, I think that what we're doing now is

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<v Speaker 4>we are using diplomacy. Ultimately, we know that just bombing

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<v Speaker 4>your way out of this will not create a peaceful situation.

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<v Speaker 5>In the Middle East.

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<v Speaker 4>So diplomacy has always been something that I've advocated, and

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<v Speaker 4>what we've not been able to do to this point

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<v Speaker 4>was to get an agreement on both sides. Diplomacy is

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<v Speaker 4>always much harder and takes generally longer than just simply

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<v Speaker 4>bombing or the military strikes. So we're at that point now,

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<v Speaker 4>I think, and hopefully we can get across the tracks

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<v Speaker 4>with an agreement that will make a substantial difference in

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<v Speaker 4>the Middle East where we can bring some true fees.

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<v Speaker 5>And what's the.

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<v Speaker 6>Important to commsan as we can do really important is

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<v Speaker 6>that all of the golf countries and along with the

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<v Speaker 6>Pakistanis are all involved in this, our allies, and you.

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<v Speaker 5>All agree with the twenty point plan.

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<v Speaker 4>So we're at a point where you're talking about hostages

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<v Speaker 4>being released and humanitarian aid getting in. This is what

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<v Speaker 4>we want and then try to stabilize the region, rebuilding

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<v Speaker 4>Gaza for the Palestinians without Hamas being in control of anything.

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<v Speaker 5>So this is a very good but hard work.

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<v Speaker 4>And I think there's no hard work to be done,

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<v Speaker 4>but that's the way diplomacy works.

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<v Speaker 2>It's good to have you, Congress when come see us

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<v Speaker 2>when you get back into town. Democratic Congressman Greg re

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<v Speaker 2>Meeks of New York. First reaction there from the House

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<v Speaker 2>Foreign Affairs Committee on this breaking news on Hamas joining

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<v Speaker 2>us now with details live here on Capitol Hill. Bloomberg's

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<v Speaker 2>Eric Martin, who was just in Israel with the Secretary

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<v Speaker 2>of State Marco Rubio only days ago. Eric, who deserves

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<v Speaker 2>the credit for this.

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<v Speaker 7>Joe, this is a historic day potentially what we're seeing here.

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<v Speaker 7>Here we sit on October third, twenty twenty five, almost

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<v Speaker 7>two years to the day since the Hamas terrorist attacks

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<v Speaker 7>against Israel, and seeing this message from Hamas in response

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<v Speaker 7>to the President's twenty point plan, and in particular what

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<v Speaker 7>caught my eye is the President calling on Israel to

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<v Speaker 7>stop the bombing. Now, as you mentioned, I was just

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<v Speaker 7>a couple of weeks ago in Jerusalem with Secretary of

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<v Speaker 7>State mark Or Rubio and with Prime Minister Netsngahu, and

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<v Speaker 7>I asked both of them about this long planned Israeli

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<v Speaker 7>offensive to go into Gaza City. Even as we were

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<v Speaker 7>leaving for Doha, they were encircling Gaza City and planning

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<v Speaker 7>this for this, for this increased escalation of the war,

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<v Speaker 7>very controversial in Israel, a lot of people concerned about this,

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<v Speaker 7>and both of them saying that, telling me that if

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<v Speaker 7>they could find a way to get the hostages out,

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<v Speaker 7>to get Hamas to give up the hostages without escalating

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<v Speaker 7>the war, that was of course preferred. And so this

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<v Speaker 7>is really a monumental moment that we're we're seeing here

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<v Speaker 7>in terms of the potential for piece here. Still details

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<v Speaker 7>to be worked out, but this initial response from President Trump,

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<v Speaker 7>I think is quite important.

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<v Speaker 2>Hamas is talking about accepting this deal with conditions. I

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<v Speaker 2>know that we have some to learn still as to

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<v Speaker 2>what those conditions are. But should we assume that Hamas

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<v Speaker 2>actually knows where all of the hostages are, will they

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<v Speaker 2>be able to produce them?

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<v Speaker 7>That certainly is an open question. And I think there

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<v Speaker 7>is a degree of skepticism towards the Hamaser response in

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<v Speaker 7>that some of the things, including the twenty point plans,

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<v Speaker 7>such as Hamas disarming and giving up control of Gaza.

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<v Speaker 7>We've seen as part of their response saying that Gaza

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<v Speaker 7>would be led by a group of technocrats, and that

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<v Speaker 7>seeming to indicate that they're willing to give up this

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<v Speaker 7>control of Gaza, which they've maintained for nearly twenty years.

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<v Speaker 7>But of course, from the Israeli side, one of the

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<v Speaker 7>fundamental things and President Prime Minister Natina who told me

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<v Speaker 7>this in a press conference there was to make sure

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<v Speaker 7>that Hamas can never return in the way they did

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<v Speaker 7>on October seventh, and for Israel, that means to make

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<v Speaker 7>sure that Hamas cannot be a threat, does not have

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<v Speaker 7>the weaponry to pose a threat to Israel in the

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<v Speaker 7>way that they did, and to ever repeat anything approaching

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<v Speaker 7>October seventh.

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<v Speaker 2>Glad you come see us, Eric, Thank you so much.

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<v Speaker 2>Bloomberg's Eric Martin with us live on Capitol Hill. A

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<v Speaker 2>joining us now with her analysis. Wendy Sherman, the former

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<v Speaker 2>Deputy Secretary of State in the Biden administration, now senior

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<v Speaker 2>fellow at Harvard's Belfast Center. Wendy, I'm really glad you

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<v Speaker 2>could be part of our conversation. I'm wondering what you

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<v Speaker 2>need to see to know this is real.

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<v Speaker 1>Well, look, I agree with what Eric just said. This

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<v Speaker 1>is a positive response from the White House. They're taking yes,

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<v Speaker 1>even a yes butt for an answer and getting diplomacy underway.

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<v Speaker 1>As Congressman Meek said in your previous segment, diplomacy's hard work.

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<v Speaker 5>It all comes down to the details.

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<v Speaker 1>So yes, this is a positive moment, but a heck

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<v Speaker 1>of hot more work to be done here, and we

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<v Speaker 1>don't know the answer to a number of questions, including

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<v Speaker 1>whether really Hamas can produce all the hostages and bodies

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<v Speaker 1>of those who are deceased within seventy two hours. But

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<v Speaker 1>I do agree with Eric that the President saying that

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<v Speaker 1>Israel must stop it's bombing now to create the space

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<v Speaker 1>and the quiet to get those hostages back is a

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<v Speaker 1>very positive statement in a very difficult situation. A long

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<v Speaker 1>way to go, but better than where we were yesterday.

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<v Speaker 2>What do you make of the timing here, Wendy? The

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<v Speaker 2>President posted on truth Social another threat today, give him

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<v Speaker 2>a deadline six pm Sunday or all hell, as he

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<v Speaker 2>has said, will break loose. Gaza already is all hell?

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<v Speaker 2>Did that threat unlock this acceptance?

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<v Speaker 1>I don't know that the threat alone unlocked the acceptance,

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<v Speaker 1>and I would say it's a yes, but acceptance. It's

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<v Speaker 1>not a total yes acceptance yet. But I think that

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<v Speaker 1>Egypt cut Her, you, probably United Arab Emirates, even Indonesia,

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<v Speaker 1>Saudi Arabia, those who have signed on to this proposal

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<v Speaker 1>have applied pressure to Hamas as well, cut Her being

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<v Speaker 1>quite important to that. And as we all know, the

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<v Speaker 1>President just gave cut Her, which is a key negotiator here,

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<v Speaker 1>what amounts to an Article five security guarantee from the

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<v Speaker 1>United States. Now, I don't know if that will hold

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<v Speaker 1>up because usually those things are done by treaty, not

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<v Speaker 1>by an executive action. But nonetheless, the President clearly wants

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<v Speaker 1>to build a strong relationship with Gutter. And I will

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<v Speaker 1>say one other thing, this probably, if it keeps going forward,

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<v Speaker 1>puts the President in a slightly stronger position going into

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<v Speaker 1>the APEC meeting at the end of October in the

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<v Speaker 1>Republic of Korea, in his negotiations with China, and how

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<v Speaker 1>he is seen in the rest of the world, if

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<v Speaker 1>he really can be the driving force to bring PA

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<v Speaker 1>not only to Gaza and the horrific conditions that the

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<v Speaker 1>people in Gaza have been attempting to live under, some

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<v Speaker 1>starving to death, a desperately needing to get in. There

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<v Speaker 1>is a lot of work to be done here, but

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<v Speaker 1>as I said, we are in a better place today

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<v Speaker 1>than we were yesterday.

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<v Speaker 2>Well, assuming this is real, Wendy, and we project to

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<v Speaker 2>rebuilding Gaza, this could also be extremely complicated. I know

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<v Speaker 2>the President has talked about making this the Riviera of

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<v Speaker 2>the Middle East or something, But how do you rebuild

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<v Speaker 2>Gaza without removing significant portions of the population.

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<v Speaker 1>I think the riviera concept is a long way off.

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<v Speaker 5>Gaza has been destroyed.

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<v Speaker 1>The President has suggested that an Israel has suggested that

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<v Speaker 1>people move out of Gaza city, but they don't have

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<v Speaker 1>a fuel to do so, they don't have homes to

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<v Speaker 1>go to, they don't have a way to move. They're

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<v Speaker 1>worried about their children and their health. There is little

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<v Speaker 1>healthcare left. Doctors without borders has left because it was

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<v Speaker 1>such a dangerous situation. So what is critical here is

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<v Speaker 1>to get aid in and to begin the rebuilding, and

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<v Speaker 1>to go back to part of your previous discussion. We

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<v Speaker 1>don't know whether Hamas will agree to the governmental structure

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<v Speaker 1>that the presidents agreed to. We don't know if they

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<v Speaker 1>will disarm, So there are lots of details here yet

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<v Speaker 1>to go. I know the President United States is desperate

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<v Speaker 1>for a Nobel Peace Prize. I don't think he's going

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<v Speaker 1>to get one in twenty twenty five. That will get

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<v Speaker 1>announced October tenth. All of the nominations are closed, but

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<v Speaker 1>maybe he's trying to get to twenty twenty six.

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<v Speaker 2>We'll see how that goes. I know it's something that

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<v Speaker 2>he's been talking about quite a bit lately. What would

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<v Speaker 2>this mean then for the future of a Palestinian state

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<v Speaker 2>and what would it mean for Iran obviously pulling the

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<v Speaker 2>strings for Hamas.

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<v Speaker 1>Two very good questions I think for peace in the

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<v Speaker 1>Middle East, clearly, both the Abraham Accords and the further

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<v Speaker 1>work that's been done is trying to bring the whole

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<v Speaker 1>region together. Obviously the fall of Asad was an important

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<v Speaker 1>piece of that puzzle. Sort of degrading Hasbellah and Hamas

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<v Speaker 1>and the Syrian militias supported by Iran critical to being

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<v Speaker 1>able to move forward towards peace. But an enormous amount

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<v Speaker 1>of work to go on, and it looks like the

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<v Speaker 1>President is sort of pulling back as sanctions, including the

0:13:38.120 --> 0:13:40.840
<v Speaker 1>new sanctions at the UN that have just been imposed

0:13:40.880 --> 0:13:44.400
<v Speaker 1>on Iran, put pressure on Iran in hopes that Iran

0:13:44.480 --> 0:13:47.400
<v Speaker 1>will do what it needs to do. I think it's

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<v Speaker 1>a little bit of a risk here, however, probably more

0:13:51.200 --> 0:13:54.199
<v Speaker 1>than a little bit, because Iran is moving forward to

0:13:54.760 --> 0:14:02.880
<v Speaker 1>reconstitute its nuclear positions, reconstant to its facilities. Even Israel

0:14:02.920 --> 0:14:06.520
<v Speaker 1>has said that the huge amount of enriched uranium is

0:14:06.559 --> 0:14:12.280
<v Speaker 1>probably still there, they have advanced centrifuges to increase the

0:14:12.400 --> 0:14:15.360
<v Speaker 1>likelihood of getting all that they need for a nuclear weapon.

0:14:15.440 --> 0:14:17.520
<v Speaker 1>And even if they haven't decided to go there yet,

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<v Speaker 1>what I call hard heard liners, the Islamic Revolutionary guardcore

0:14:23.600 --> 0:14:27.240
<v Speaker 1>kud's force is probably pressing to make that decision to

0:14:27.280 --> 0:14:29.600
<v Speaker 1>go for a nuclear weapon. So I hope there's some

0:14:29.640 --> 0:14:34.880
<v Speaker 1>backchannel discussions going on with Iran because we cannot really

0:14:35.320 --> 0:14:38.000
<v Speaker 1>get to peace in the Middle East unless we can

0:14:38.040 --> 0:14:39.800
<v Speaker 1>also deal with Iran.

0:14:41.480 --> 0:14:45.080
<v Speaker 2>What would this mean for Iran's other proxies, like those

0:14:45.120 --> 0:14:49.640
<v Speaker 2>in Yemen, for instance, who've been attacking ships on behalf

0:14:50.160 --> 0:14:53.480
<v Speaker 2>of what's happening or in protests maybe a better way

0:14:53.520 --> 0:14:57.680
<v Speaker 2>to put it, of what has been happening in Gaza.

0:14:58.400 --> 0:15:03.440
<v Speaker 1>Without a doubt what they're doing in Yemen still giving

0:15:03.480 --> 0:15:07.360
<v Speaker 1>some support to Hesballah, clearly still engaged in some ways,

0:15:07.400 --> 0:15:12.480
<v Speaker 1>probably with Hamas, and still trying to see what else

0:15:12.520 --> 0:15:15.000
<v Speaker 1>they can do in the Middle East. So your point

0:15:15.080 --> 0:15:18.360
<v Speaker 1>is well taken, Joe. This is an issue that really

0:15:18.440 --> 0:15:22.320
<v Speaker 1>shouldn't be sidelined. The administration should continue, as I said,

0:15:22.360 --> 0:15:26.920
<v Speaker 1>even if it's through quiet back channels, to make sure

0:15:27.160 --> 0:15:31.000
<v Speaker 1>that people don't take their attention away from getting what

0:15:31.080 --> 0:15:34.280
<v Speaker 1>is necessary here in order to make sure that peace

0:15:34.320 --> 0:15:38.200
<v Speaker 1>can be longstanding if it can be achieved with ending

0:15:38.240 --> 0:15:39.880
<v Speaker 1>the war in Gossip.

0:15:41.560 --> 0:15:44.040
<v Speaker 2>Just lastly, Wendy, how does this end if the deal

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<v Speaker 2>is real? Is there a signing ceremony? And who shows

0:15:46.560 --> 0:15:48.920
<v Speaker 2>up for Hamas well?

0:15:48.960 --> 0:15:52.920
<v Speaker 5>I don't know that there's a signing ceremony. I think

0:15:53.000 --> 0:15:56.160
<v Speaker 5>that Cutter has really been.

0:15:56.280 --> 0:15:58.880
<v Speaker 1>The country that.

0:16:00.560 --> 0:16:01.800
<v Speaker 5>Houses Hamas.

0:16:03.400 --> 0:16:08.880
<v Speaker 1>Whether Hamas's leader would sign a document, I don't see

0:16:08.920 --> 0:16:14.240
<v Speaker 1>that happening, But I do see a collective action in

0:16:14.280 --> 0:16:16.960
<v Speaker 1>the Middle East if in fact all these details can

0:16:17.040 --> 0:16:19.360
<v Speaker 1>be worked out. As of I said, this is a

0:16:19.360 --> 0:16:22.960
<v Speaker 1>good day, but there is still a lot of detailed

0:16:23.040 --> 0:16:28.280
<v Speaker 1>work ahead, and I hope all of that detailed work,

0:16:28.760 --> 0:16:31.600
<v Speaker 1>as the President seemed to indicate, is truly going on,

0:16:32.600 --> 0:16:35.520
<v Speaker 1>because without it, there are a lot of pieces of

0:16:35.560 --> 0:16:39.680
<v Speaker 1>the twenty point proposal that Hamas did not address, and

0:16:39.760 --> 0:16:41.240
<v Speaker 1>we need those answers.

0:16:43.080 --> 0:16:46.200
<v Speaker 2>A hopeful Wendy Sherman, Senior Fellow at Harvard's Belt for Senator,

0:16:46.280 --> 0:16:50.320
<v Speaker 2>former Deputy Secretary of State and the Biden administration. Wendy,

0:16:50.320 --> 0:16:52.400
<v Speaker 2>it's great to have you with this breaking news. Thanks

0:16:52.440 --> 0:16:53.640
<v Speaker 2>for your insights.