1 00:00:02,480 --> 00:00:06,840 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:09,720 --> 00:00:11,520 Speaker 2: Good morning, I'm Nathan Hager. 3 00:00:11,440 --> 00:00:14,680 Speaker 1: And I'm Karen Moscow. Here are the stories we're following today. 4 00:00:15,200 --> 00:00:17,960 Speaker 1: We begin with breaking news out of Russia. Ukraine has 5 00:00:17,960 --> 00:00:20,320 Speaker 1: carried out its first strike in a border region within 6 00:00:20,520 --> 00:00:23,960 Speaker 1: Russian territory with a US made missile. This is according 7 00:00:24,000 --> 00:00:27,840 Speaker 1: to RBC Ukraine, citing an official in the nation's military. 8 00:00:28,200 --> 00:00:31,280 Speaker 1: The news came as Russian President Vladimir Putin approved a 9 00:00:31,520 --> 00:00:34,440 Speaker 1: change to the country's nuclear doctrine that allows for the 10 00:00:34,520 --> 00:00:38,519 Speaker 1: expanded use of weapons. According to a document published by 11 00:00:38,520 --> 00:00:41,320 Speaker 1: the Kremlin, the updated doctrine includes a possibility of a 12 00:00:41,400 --> 00:00:45,040 Speaker 1: nuclear response to aggression by non nuclear states that is 13 00:00:45,080 --> 00:00:47,159 Speaker 1: supported by other nuclear powers. 14 00:00:47,479 --> 00:00:49,360 Speaker 3: And beget more from Bloomberg's Bill Ferries. 15 00:00:49,880 --> 00:00:52,879 Speaker 4: Throughout this, you know, throughout this conflict, we've seen him 16 00:00:52,960 --> 00:00:58,200 Speaker 4: raise the specter of nuclear weapons as a thread against 17 00:00:58,240 --> 00:00:58,720 Speaker 4: the West. 18 00:00:59,520 --> 00:01:00,880 Speaker 3: It's worth noting that. 19 00:01:00,840 --> 00:01:04,720 Speaker 4: You know, it's if China has any real red lines 20 00:01:04,760 --> 00:01:07,880 Speaker 4: and its support for Russia, one of them has been 21 00:01:08,560 --> 00:01:12,600 Speaker 4: no first use of nuclear weapons. So if Putin went 22 00:01:12,680 --> 00:01:15,960 Speaker 4: that far, there'd obviously be a whole range of consequences, 23 00:01:16,000 --> 00:01:20,640 Speaker 4: but he would potentially be putting his biggest backer in 24 00:01:20,680 --> 00:01:23,240 Speaker 4: a very difficult position as well. But I think, yes, 25 00:01:23,319 --> 00:01:25,920 Speaker 4: I think this latest maneuver. I think it's his way 26 00:01:26,000 --> 00:01:30,120 Speaker 4: of providing a response, a quick response to what appears 27 00:01:30,160 --> 00:01:33,039 Speaker 4: to be Ukraine's use of these weapons now. 28 00:01:33,280 --> 00:01:37,040 Speaker 1: Bloomberg's Bill Ferries ads that the changes also say Russia 29 00:01:37,080 --> 00:01:40,399 Speaker 1: may use nuclear weapons upon receiving information about a launch 30 00:01:40,400 --> 00:01:43,480 Speaker 1: of ballistic missiles attacking Russia or its allies. 31 00:01:43,600 --> 00:01:46,720 Speaker 2: And staying with geopolitics, Karen, Day two of the G 32 00:01:46,880 --> 00:01:49,600 Speaker 2: twenty Leader Summit gets underway this morning in Brazil. 33 00:01:49,720 --> 00:01:51,960 Speaker 5: Bloomberg's David Gora is there. 34 00:01:51,760 --> 00:01:54,960 Speaker 6: With the latest US President, Joe Biden is focused on 35 00:01:55,000 --> 00:01:57,680 Speaker 6: his legacy and on the work he's done and continues 36 00:01:57,720 --> 00:02:00,560 Speaker 6: to do on climate in the war in Ukraine. But 37 00:02:00,680 --> 00:02:03,320 Speaker 6: Biden has only a few weeks left in office before 38 00:02:03,360 --> 00:02:06,080 Speaker 6: Donald Trump returns to the White House, and that has 39 00:02:06,080 --> 00:02:08,280 Speaker 6: diminished his role here at the G twenty summit in 40 00:02:08,360 --> 00:02:11,400 Speaker 6: Rio de Janeiro, Biden is not holding many one on 41 00:02:11,400 --> 00:02:14,280 Speaker 6: one meetings with other world leaders, and he seated much 42 00:02:14,280 --> 00:02:17,440 Speaker 6: of the spotlight to other heads of state. Biden even 43 00:02:17,480 --> 00:02:20,960 Speaker 6: missed the G twenty photo shoot, a highly choreographed moment 44 00:02:21,440 --> 00:02:25,160 Speaker 6: along with Prime Ministers Justin Trudeau and Georgia Maloney. David 45 00:02:25,160 --> 00:02:27,800 Speaker 6: Gura Bloomberg Radio shandio. 46 00:02:28,040 --> 00:02:29,919 Speaker 1: All right, David, thank you back here in the US. 47 00:02:30,000 --> 00:02:32,200 Speaker 1: President like Donald Trump, may be getting closer to a 48 00:02:32,240 --> 00:02:35,840 Speaker 1: decision on the next Treasury secretary, sources Tol Bloomberg News. 49 00:02:35,880 --> 00:02:37,760 Speaker 3: His team is thinking of pairing Kevin. 50 00:02:37,480 --> 00:02:40,480 Speaker 1: Worsh in the Treasury role, but Scott Bessen as head 51 00:02:40,480 --> 00:02:44,560 Speaker 1: of the National Economic Council. Bloomberg's Ferry Valerie Titel has 52 00:02:44,560 --> 00:02:45,400 Speaker 1: more on Worsh. 53 00:02:45,680 --> 00:02:50,120 Speaker 7: He is a former FED governor. He was also rumored 54 00:02:50,160 --> 00:02:53,760 Speaker 7: to be picked for the FED chair in twenty seventeen, 55 00:02:53,800 --> 00:02:56,760 Speaker 7: but Trump was swayed by his then Treasury secretary to 56 00:02:56,840 --> 00:02:59,440 Speaker 7: go for Powell instead, a move that he has said 57 00:02:59,440 --> 00:03:00,760 Speaker 7: that he now regrets. 58 00:03:01,160 --> 00:03:04,560 Speaker 1: Plumber's Valerie Tiitewer reports there's some concern about whether Warsh 59 00:03:04,600 --> 00:03:07,920 Speaker 1: would be loyal enough to Trump's economic agenda. He wrote 60 00:03:07,919 --> 00:03:10,720 Speaker 1: a twenty eleven op ed with Jeb Bush warning of 61 00:03:10,760 --> 00:03:14,919 Speaker 1: the quote rising tide of economic protectionism. Meantime, Nathan, there 62 00:03:14,960 --> 00:03:18,359 Speaker 1: are more signs one of Trump's confirmed cabinet picks will 63 00:03:18,360 --> 00:03:21,320 Speaker 1: face a tough confirmation process. Senators from both sides of 64 00:03:21,360 --> 00:03:24,080 Speaker 1: the Aisle are demanding more information on the House Ethics 65 00:03:24,120 --> 00:03:27,440 Speaker 1: probe and to Matt Gates, Trump's choice to be Attorney General. 66 00:03:27,680 --> 00:03:30,919 Speaker 1: Gates is accused of sexual misconduct and illicit drug use, 67 00:03:30,960 --> 00:03:34,840 Speaker 1: though he's denied wrongdoing. Speaker Mike Johnson insists the panel's 68 00:03:34,880 --> 00:03:36,880 Speaker 1: report should be kept confidential. 69 00:03:37,200 --> 00:03:39,960 Speaker 8: To use the House's resources in a manner that is 70 00:03:40,040 --> 00:03:43,840 Speaker 8: virtually unprecedented, I think is a breach of protocol. 71 00:03:44,360 --> 00:03:47,200 Speaker 1: Still, the top Republican on the Senate Judiciary Committee says 72 00:03:47,200 --> 00:03:49,400 Speaker 1: he expects the women who spoke to the Ethics Panel 73 00:03:49,440 --> 00:03:51,680 Speaker 1: behind closed doors will testify before them. 74 00:03:51,880 --> 00:03:52,720 Speaker 3: The committee will. 75 00:03:52,560 --> 00:03:55,640 Speaker 1: Meet tomorrow to discuss how to handle its report. Axio 76 00:03:55,720 --> 00:04:00,200 Speaker 1: supports President elect Trump has been calling senators personally oring 77 00:04:00,280 --> 00:04:01,960 Speaker 1: them to support Gates and Karin. 78 00:04:02,000 --> 00:04:04,600 Speaker 2: The president's elect has also confirmed his plan to use 79 00:04:04,640 --> 00:04:09,280 Speaker 2: the US military as part of a mass deportation program. 80 00:04:09,320 --> 00:04:11,840 Speaker 2: We get more on that from Bloomberg's Amy Morris. 81 00:04:11,840 --> 00:04:16,040 Speaker 9: In Washington, Trump wrote true on his Truth social network 82 00:04:16,080 --> 00:04:18,479 Speaker 9: in a reply to a post from the president of 83 00:04:18,520 --> 00:04:22,000 Speaker 9: the conservative legal group Judicial Watch, who said Trump was 84 00:04:22,040 --> 00:04:25,919 Speaker 9: reportedly prepared to declare a national emergency and use military 85 00:04:26,000 --> 00:04:30,200 Speaker 9: assets for a mass deportation program. While on the campaign trail, 86 00:04:30,279 --> 00:04:33,240 Speaker 9: Trump did pledge to secure the border with Mexico by 87 00:04:33,279 --> 00:04:37,000 Speaker 9: finishing construction of a wall and carrying out mass deportations. 88 00:04:37,320 --> 00:04:39,960 Speaker 9: Trump and his team have not outlined how they'll carry 89 00:04:40,000 --> 00:04:43,279 Speaker 9: this out. It will take substantial funding from Congress and 90 00:04:43,360 --> 00:04:48,160 Speaker 9: cooperation from other countries. It may face legal challenges in Washington. 91 00:04:48,200 --> 00:04:49,800 Speaker 9: Amy Morris Bloomberg Radio. 92 00:04:49,720 --> 00:04:50,760 Speaker 3: All right, Amy, thank you well. 93 00:04:50,760 --> 00:04:54,120 Speaker 1: Hedge Fund titan Ken Griffin says he's quote very anxious 94 00:04:54,120 --> 00:04:57,920 Speaker 1: about Donald Trump's potential tariff policies. Speaking to the UK's 95 00:04:57,920 --> 00:05:01,520 Speaker 1: Oxford Union, the Citadel founder and Publican donor said tariffs 96 00:05:01,520 --> 00:05:04,719 Speaker 1: are a long, slippery slope that can be profitable in 97 00:05:04,800 --> 00:05:08,320 Speaker 1: the short run, but damaging to US company's ability to compete. 98 00:05:08,040 --> 00:05:09,479 Speaker 3: Globally in the long run. 99 00:05:09,839 --> 00:05:13,520 Speaker 1: Morgan Stanley's CEO also voice concerns about the changing economic 100 00:05:13,600 --> 00:05:17,560 Speaker 1: environment for business. Here's what Ted Pick told the HKMA 101 00:05:17,600 --> 00:05:19,440 Speaker 1: Global Financial Leaders Summit. 102 00:05:20,000 --> 00:05:24,520 Speaker 10: In a sense, there is an inflationary backdrop, and there 103 00:05:24,600 --> 00:05:29,200 Speaker 10: is now the additional complication of the potential for tars 104 00:05:29,240 --> 00:05:34,240 Speaker 10: and actually net emigration also would be inflationary. 105 00:05:34,640 --> 00:05:35,839 Speaker 3: As for geopolitics. 106 00:05:35,839 --> 00:05:38,359 Speaker 1: Morgan Stanley's Ted Pigs said there was still need for 107 00:05:38,360 --> 00:05:42,040 Speaker 1: a greater transparency in Chinese regulations and policymaking. 108 00:05:42,240 --> 00:05:43,880 Speaker 3: But on Legal news, top anti. 109 00:05:43,680 --> 00:05:46,440 Speaker 1: Trust officials said the Justice Department have decided to ask 110 00:05:46,480 --> 00:05:48,840 Speaker 1: a federal judge to force Google to sell off its 111 00:05:48,920 --> 00:05:51,919 Speaker 1: Chrome browser. Begin more with Bloomberg's Doug Chrisner. 112 00:05:52,160 --> 00:05:55,159 Speaker 11: We're told the DOJ we'll ask federal judge Ahmic Meta 113 00:05:55,279 --> 00:05:59,560 Speaker 11: to also require measures related to artificial intelligence and Google's 114 00:05:59,560 --> 00:06:03,400 Speaker 11: Android smartphone operating system. Meta is the same judge who 115 00:06:03,480 --> 00:06:07,120 Speaker 11: ruled back in August that Google illegally monopolized the search market. 116 00:06:07,480 --> 00:06:10,400 Speaker 11: The DOJ officials, along with states that have joined the case, 117 00:06:10,600 --> 00:06:15,159 Speaker 11: also plan to recommend Meta imposed data licensing requirements, and 118 00:06:15,240 --> 00:06:18,240 Speaker 11: if Meta accepts these proposals, they have the potential to 119 00:06:18,320 --> 00:06:22,320 Speaker 11: reshape the online search market and the developing AI industry. 120 00:06:22,680 --> 00:06:24,720 Speaker 11: By the way, this case was filed under the first 121 00:06:24,720 --> 00:06:28,600 Speaker 11: Trump administration and continued under President Biden. In New York, 122 00:06:28,640 --> 00:06:30,119 Speaker 11: I'm Doug Prisner, Bloomberg Radio. 123 00:06:30,320 --> 00:06:32,200 Speaker 2: Doug, thank you. We get earnings this morning from the 124 00:06:32,200 --> 00:06:35,279 Speaker 2: world's biggest retailer. Bloomberg's Tom Busby's here with the preview 125 00:06:35,320 --> 00:06:37,640 Speaker 2: on what investors are looking for from Walmart. 126 00:06:38,480 --> 00:06:41,200 Speaker 12: With a lot of Americans pulling back on their discretionary 127 00:06:41,240 --> 00:06:45,520 Speaker 12: spending this past quarter, investors expect Walmart's core shoppers and newer, 128 00:06:45,800 --> 00:06:48,680 Speaker 12: higher earning customers to give a boost the sales of 129 00:06:48,720 --> 00:06:52,359 Speaker 12: groceries and other essentials. Also in focus the outlook for 130 00:06:52,400 --> 00:06:56,280 Speaker 12: holiday spending and consumer health. Bloomberg consensus calls for comp 131 00:06:56,320 --> 00:06:59,239 Speaker 12: sales at US Walmart stores to rise one point two percent, 132 00:07:00,000 --> 00:07:02,679 Speaker 12: so one hundred and sixty seven point five to one billion, 133 00:07:02,720 --> 00:07:06,039 Speaker 12: and adjusted earnings per share of fifty three cents. 134 00:07:06,080 --> 00:07:08,040 Speaker 5: Tom buzzby Bloomberg. 135 00:07:07,600 --> 00:07:09,120 Speaker 3: Radio, All right, Tom, thanks. 136 00:07:09,160 --> 00:07:12,640 Speaker 1: Another company News shares a super a super Micro computer 137 00:07:12,760 --> 00:07:15,559 Speaker 1: searching twenty nine percent in the pre market. The server 138 00:07:15,680 --> 00:07:19,160 Speaker 1: maker says it has hired a new auditor, Bdousa, and 139 00:07:19,200 --> 00:07:22,600 Speaker 1: found a plan to come into compliance with Nasdaq listing requirements. 140 00:07:22,840 --> 00:07:25,680 Speaker 1: Super Micro is facing a Department of Justice probe, and 141 00:07:25,760 --> 00:07:29,120 Speaker 1: last month it's auditor, Ernst and Young resigned, citing concerns 142 00:07:29,120 --> 00:07:32,840 Speaker 1: over super Micro's transparency and governance. Shares of tumbled more 143 00:07:32,840 --> 00:07:35,560 Speaker 1: than eighty five percent from a peak in March. 144 00:07:35,440 --> 00:07:39,040 Speaker 2: And Karen Blackstone may be hungry for an acquisition. Bloomberg 145 00:07:39,080 --> 00:07:41,040 Speaker 2: News has learned the New York based money Manager's close 146 00:07:41,040 --> 00:07:43,960 Speaker 2: to an agreement to buy the sandwich chain Jersey Mike's 147 00:07:44,400 --> 00:07:46,880 Speaker 2: for about eight billion dollars, including debt. 148 00:07:50,120 --> 00:07:50,760 Speaker 3: Five thirty two. 149 00:07:50,840 --> 00:07:52,960 Speaker 1: On Wall Street, we bring in John Tucker now with more. 150 00:07:53,120 --> 00:07:54,960 Speaker 1: What else is going on to New York and around 151 00:07:54,960 --> 00:07:55,360 Speaker 1: the world? 152 00:07:55,520 --> 00:07:58,520 Speaker 13: John, Yeah, Good morning, Karen. New York City has issued 153 00:07:58,560 --> 00:08:01,800 Speaker 13: its first drought warning and twenty two years. It comes 154 00:08:01,840 --> 00:08:04,200 Speaker 13: after months of little rain and is going to restart 155 00:08:04,240 --> 00:08:06,640 Speaker 13: the flow of drinking water from an out of service 156 00:08:06,760 --> 00:08:11,200 Speaker 13: aqueduct as supplies run low. Dry conditions across the Northeast 157 00:08:11,200 --> 00:08:14,280 Speaker 13: have been blamed for hundreds of brush fires. They'd already 158 00:08:14,320 --> 00:08:17,280 Speaker 13: prompted New York City and state officials to implement water 159 00:08:17,320 --> 00:08:21,600 Speaker 13: conservation protocols, where Mayor Eric Adams upgraded the drought warning 160 00:08:21,960 --> 00:08:26,280 Speaker 13: and temporarily halted an aqueduct repair project that had stopped 161 00:08:26,360 --> 00:08:29,680 Speaker 13: drinking water flowing from some reservoirs in the Catskill region. 162 00:08:30,320 --> 00:08:33,280 Speaker 13: A stabbing rampage has left three people dead in Manhattan. 163 00:08:33,360 --> 00:08:36,720 Speaker 13: It happened yesterday morning. Please say the attacks were random. 164 00:08:36,760 --> 00:08:39,319 Speaker 13: A fifty two year old suspect is now in custody. 165 00:08:39,760 --> 00:08:43,760 Speaker 13: Investigators are working to understand what propelled the rampage, which 166 00:08:43,800 --> 00:08:46,560 Speaker 13: happened within two and a half hours. It happened across 167 00:08:46,559 --> 00:08:49,520 Speaker 13: a Swatha, Manhattan, with a third fatal stabbing by the 168 00:08:49,679 --> 00:08:52,960 Speaker 13: United Nations. The US is planning to make a huge 169 00:08:53,160 --> 00:08:57,000 Speaker 13: investment at a new semiconductor research institute. Let's get more 170 00:08:57,040 --> 00:08:59,360 Speaker 13: in this report from Bloomberg's Jeff Bellinger. 171 00:09:00,000 --> 00:09:03,200 Speaker 5: The institute is a total one billion dollar investment. It 172 00:09:03,240 --> 00:09:06,679 Speaker 5: will be headquartered in North Carolina and run by Semiconductor 173 00:09:06,720 --> 00:09:10,280 Speaker 5: Research and Industry Consortium. It will receive funding from the 174 00:09:10,320 --> 00:09:13,840 Speaker 5: twenty twenty two Chips and Science Act. The latest investment 175 00:09:13,920 --> 00:09:16,720 Speaker 5: has the goal of reducing the cost and time of 176 00:09:16,800 --> 00:09:20,360 Speaker 5: chip development by roughly a third. The Commerce Department says 177 00:09:20,400 --> 00:09:24,479 Speaker 5: within five years. The new institute will help speed technology development, 178 00:09:24,720 --> 00:09:28,760 Speaker 5: reduce the greenhouse gases associated with chip manufacturing by twenty 179 00:09:28,800 --> 00:09:32,560 Speaker 5: five percent, and train more than one hundred thousand students 180 00:09:32,600 --> 00:09:37,439 Speaker 5: and workers on digital twin technology. Jeff Bellinger Bloomberg Radio. 181 00:09:37,600 --> 00:09:40,520 Speaker 13: Ahead of Friday's hearing on his bail, prosecutors claim that 182 00:09:40,640 --> 00:09:44,080 Speaker 13: music mogul Sean Ditty Combs has been trying to contact 183 00:09:44,120 --> 00:09:47,760 Speaker 13: witnesses and victims from behind bars, accusing him of trying 184 00:09:47,800 --> 00:09:50,880 Speaker 13: to influence the jury pool and subvert his criminal case. 185 00:09:51,280 --> 00:09:54,040 Speaker 13: Prosecutors say he offered to pay one witness if she 186 00:09:54,080 --> 00:09:57,480 Speaker 13: would make a public statement of support and managing the 187 00:09:57,559 --> 00:10:01,440 Speaker 13: virtual world of Roblox says becoming easier for parents with 188 00:10:01,559 --> 00:10:05,800 Speaker 13: the latest platform updates, popular on game environment for kids 189 00:10:05,880 --> 00:10:09,480 Speaker 13: rolling out new parental controls. Parents can now remotely change 190 00:10:09,520 --> 00:10:11,600 Speaker 13: how much time their kids are playing on the platform, 191 00:10:11,800 --> 00:10:15,560 Speaker 13: locked private messaging options, or even choose maturity levels that 192 00:10:15,640 --> 00:10:19,360 Speaker 13: their kids are experiencing. Roadblocks is also turning off private 193 00:10:19,400 --> 00:10:23,000 Speaker 13: messaging for kids under the age of thirteen. Global News 194 00:10:23,080 --> 00:10:24,800 Speaker 13: twenty four hours a day and whatever you want it 195 00:10:24,840 --> 00:10:28,839 Speaker 13: with Bloomberg News Now. I'm John Tucker. This is Bloomberg Karen. 196 00:10:28,920 --> 00:10:30,000 Speaker 3: All right, John, thank you. 197 00:10:34,760 --> 00:10:36,840 Speaker 1: Time now for the Bloomberg Sports Update, brought to you 198 00:10:36,880 --> 00:10:40,559 Speaker 1: by Tri State Audie. Here's John stash Hour, John, Good morning. 199 00:10:40,280 --> 00:10:41,920 Speaker 14: Good morning, Karen. It was a couple of years ago 200 00:10:41,920 --> 00:10:43,920 Speaker 14: that the Giants had to make a big decision, give 201 00:10:43,960 --> 00:10:47,000 Speaker 14: the big money to Daniel Jones or Saquon Barkley. 202 00:10:47,040 --> 00:10:50,080 Speaker 5: They chose Jones. The decision has not gone well. 203 00:10:50,120 --> 00:10:53,240 Speaker 14: Barkley's now with Philadelphia, candidate to be the NFL MVP. 204 00:10:53,520 --> 00:10:56,680 Speaker 14: Jones is now the Giants third string quarterback. Coage Brian 205 00:10:56,720 --> 00:10:59,640 Speaker 14: Daboll has put them on the bench Sunday against Tampa Bay. 206 00:11:00,000 --> 00:11:01,800 Speaker 14: OINGQB will be Tommy DeVito. 207 00:11:02,280 --> 00:11:04,760 Speaker 15: We're obviously not playing the way any of us want 208 00:11:04,760 --> 00:11:07,560 Speaker 15: to play, and that's on all of us. But felt 209 00:11:07,559 --> 00:11:09,959 Speaker 15: like this was a decision that we needed to make 210 00:11:10,000 --> 00:11:14,200 Speaker 15: here and try to spark things, change things up, and 211 00:11:14,320 --> 00:11:17,000 Speaker 15: you know, we went and did it with with Tommy Again. 212 00:11:17,200 --> 00:11:19,160 Speaker 15: We spent a lot of time here over the last 213 00:11:19,200 --> 00:11:22,679 Speaker 15: week of evaluating a lot of things and just felt 214 00:11:22,679 --> 00:11:24,360 Speaker 15: like this was the best thing for us. 215 00:11:24,480 --> 00:11:27,160 Speaker 14: DeVito did create a buzz last season when Jones was 216 00:11:27,160 --> 00:11:30,080 Speaker 14: injured in New Jersey, kid living with his parents led 217 00:11:30,080 --> 00:11:32,280 Speaker 14: the Giants of three straight wins. Drew Lockwell remain the 218 00:11:32,320 --> 00:11:35,400 Speaker 14: backup QB. Jones cashed in into a strong twenty twenty 219 00:11:35,400 --> 00:11:38,760 Speaker 14: two season, but since then thirteen interceptions, a three and 220 00:11:38,880 --> 00:11:40,920 Speaker 14: thirteen record of the Giants this year two and eight, 221 00:11:41,280 --> 00:11:43,600 Speaker 14: oh and five at home. Dallas Cowboys not much better 222 00:11:43,640 --> 00:11:45,960 Speaker 14: three and seven, also and five at home. They're without 223 00:11:46,000 --> 00:11:48,280 Speaker 14: their QB, Dak Prescott, and they just lost to Houston 224 00:11:48,679 --> 00:11:51,240 Speaker 14: thirty four to ten. Joe Mixon three touchdowns for the 225 00:11:51,280 --> 00:11:53,280 Speaker 14: Texans at the Garden, Knicks put up forty points to 226 00:11:53,360 --> 00:11:55,839 Speaker 14: the first quarter. The route was on one thirty four 227 00:11:55,840 --> 00:11:57,880 Speaker 14: to one oh six over a Washington who's lost nine 228 00:11:57,920 --> 00:11:59,360 Speaker 14: in a row. The Nixts begin of five game road 229 00:11:59,360 --> 00:12:02,160 Speaker 14: trip tomorrow in Phoenix. Rangers are on the road play 230 00:12:02,160 --> 00:12:04,800 Speaker 14: tonight in Vancouver. The Capitals won six two at Utah 231 00:12:04,840 --> 00:12:07,600 Speaker 14: two goals for Alex loveskiin Bruins fell one hundred five 232 00:12:07,679 --> 00:12:10,320 Speaker 14: hundred lost at home to Columbus five to one. Luise 233 00:12:10,400 --> 00:12:12,400 Speaker 14: Hill is the first Yankee pitcher to win Rookie of 234 00:12:12,400 --> 00:12:14,640 Speaker 14: the Year since Dave Righetti in nineteen eighty one. He 235 00:12:14,679 --> 00:12:16,800 Speaker 14: made it to the rotation due to Garrett Cole's injury, 236 00:12:16,800 --> 00:12:20,480 Speaker 14: and he stayed in by winning fifteen games. Pirates Phenom 237 00:12:20,559 --> 00:12:22,960 Speaker 14: Paul Skein's a runaway choice in the National League. 238 00:12:23,120 --> 00:12:24,840 Speaker 5: The Hall of Fame ballot is out. 239 00:12:24,720 --> 00:12:26,559 Speaker 14: Among those on it for the first time, I Chiro 240 00:12:26,720 --> 00:12:31,240 Speaker 14: Suzuki and C. C. Sabathia, John Stashawa, Bloomberg Sports, Karen. 241 00:12:31,080 --> 00:12:34,200 Speaker 1: Denethan, all right, John, thank you, and the Bloomberg Sports Report, 242 00:12:34,240 --> 00:12:37,000 Speaker 1: Bronci you buy Audi, Visit your Tri State Audi dealer 243 00:12:37,000 --> 00:12:39,320 Speaker 1: today and get behind the wheel of the Audi model 244 00:12:39,440 --> 00:12:40,400 Speaker 1: you've always wanted. 245 00:12:42,840 --> 00:12:47,000 Speaker 8: Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 246 00:12:47,080 --> 00:12:49,960 Speaker 8: and around the world on Bloomberg dot Com and the 247 00:12:50,040 --> 00:12:54,080 Speaker 8: Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm 248 00:12:54,160 --> 00:12:54,800 Speaker 8: Nathan Hager. 249 00:12:54,840 --> 00:12:57,199 Speaker 2: We are seeing a risk off move in the market 250 00:12:57,200 --> 00:12:59,880 Speaker 2: this morning with reports that Ukraine has carried out its 251 00:13:00,160 --> 00:13:04,280 Speaker 2: first strike inside Russia with Western supplied missiles. That says 252 00:13:04,360 --> 00:13:07,520 Speaker 2: Russian President Vladimir Putin has signed a new decree allowing 253 00:13:07,559 --> 00:13:11,560 Speaker 2: for expanded use of nuclear weapons in response to a 254 00:13:11,640 --> 00:13:16,880 Speaker 2: conventional attack. Let's bring in Bloomberg News Director for Europe, 255 00:13:16,960 --> 00:13:19,880 Speaker 2: the Middle East and Africa, Rosalind Mathieson for more on this, 256 00:13:20,240 --> 00:13:23,400 Speaker 2: along with Bloomberg News Senior editor Bill Ferries. It's good 257 00:13:23,440 --> 00:13:25,600 Speaker 2: to have you both with us this morning as we 258 00:13:25,640 --> 00:13:30,400 Speaker 2: continue monitoring these developments in the Russia Ukraine war Roz. 259 00:13:30,440 --> 00:13:33,679 Speaker 2: What do we know first of all about this reported 260 00:13:33,920 --> 00:13:36,760 Speaker 2: strike using Attackem's missiles. 261 00:13:37,679 --> 00:13:40,719 Speaker 16: Well, what we have a Ukraine media report saying that 262 00:13:40,880 --> 00:13:43,600 Speaker 16: hey kV did in fact carry out its first strike 263 00:13:43,760 --> 00:13:48,559 Speaker 16: using these attackers army tactical missile systems on an ammunition 264 00:13:48,720 --> 00:13:51,600 Speaker 16: dump in an area that's just pretty much over the border, 265 00:13:51,640 --> 00:13:54,959 Speaker 16: about seventy seventy five miles from the border between Russia 266 00:13:55,320 --> 00:13:59,560 Speaker 16: and Ukraine. So a limited action, if true, and in 267 00:13:59,600 --> 00:14:02,480 Speaker 16: line with what we were hearing beforehand in terms of 268 00:14:02,520 --> 00:14:06,120 Speaker 16: the US authorizing the use of these weapons for some 269 00:14:06,320 --> 00:14:09,679 Speaker 16: long range strikes inside Russia, to say that they had 270 00:14:09,720 --> 00:14:11,839 Speaker 16: to be kept at least for now, very much in 271 00:14:11,840 --> 00:14:14,880 Speaker 16: those border areas. And these are parts of Russia where 272 00:14:14,960 --> 00:14:18,280 Speaker 16: Ukrainian troops have been on the ground inside Russia fighting 273 00:14:19,080 --> 00:14:21,600 Speaker 16: Russian forces, So in the realm of what you would 274 00:14:21,600 --> 00:14:25,000 Speaker 16: think of as the theater in a way of this conflict. 275 00:14:25,160 --> 00:14:29,200 Speaker 16: So would be a limited move, if true, but also 276 00:14:29,280 --> 00:14:32,360 Speaker 16: quite quick off the back of that announcement from the 277 00:14:32,440 --> 00:14:35,080 Speaker 16: US that they are going to give our Ukraine permission 278 00:14:35,440 --> 00:14:37,600 Speaker 16: to use these weapons on Russian soil. 279 00:14:37,920 --> 00:14:40,320 Speaker 2: And it comes bill as I just mentioned that it 280 00:14:40,400 --> 00:14:43,680 Speaker 2: so happens that Russian President Vladimir Putin has signed this 281 00:14:43,760 --> 00:14:49,520 Speaker 2: decree new nuclear doctrine for Russia. Can we see this 282 00:14:50,120 --> 00:14:55,320 Speaker 2: as a response to the Western supply of these longer 283 00:14:55,440 --> 00:14:57,600 Speaker 2: range missiles for Ukraine. 284 00:14:58,640 --> 00:15:02,000 Speaker 4: Well, I think you the sense that he's he's published 285 00:15:02,000 --> 00:15:07,080 Speaker 4: this this document detailing a little bit more of Russia's policy. 286 00:15:07,120 --> 00:15:10,160 Speaker 4: I mean, this is something he talked about in September, 287 00:15:10,520 --> 00:15:13,479 Speaker 4: and we have seen since the beginning of this conflict 288 00:15:14,360 --> 00:15:17,280 Speaker 4: a lot of Russian saber rattling. You'll remember it was 289 00:15:17,320 --> 00:15:22,040 Speaker 4: in the spring of twenty twenty three when Putin announced 290 00:15:22,040 --> 00:15:28,200 Speaker 4: that he would be moving some tactical nuclear weapons, battlefield 291 00:15:28,280 --> 00:15:32,280 Speaker 4: nuclear weapons into Belarus, which was a highly unusual move. 292 00:15:32,360 --> 00:15:35,600 Speaker 4: But throughout this, you know, throughout this conflict, we've seen 293 00:15:35,680 --> 00:15:40,840 Speaker 4: him raise the specter of nuclear weapons as a thread 294 00:15:40,880 --> 00:15:44,720 Speaker 4: against the West. It's worth noting that, you know, it's 295 00:15:44,760 --> 00:15:48,520 Speaker 4: if China has any real red lines and its support 296 00:15:48,680 --> 00:15:52,400 Speaker 4: for Russia, one of them has been no first use 297 00:15:52,440 --> 00:15:56,560 Speaker 4: of nuclear weapons. So if Putin went that far, there'd 298 00:15:56,560 --> 00:16:00,280 Speaker 4: obviously be a whole range of consequences, but he would 299 00:16:00,320 --> 00:16:04,360 Speaker 4: potentially be putting his biggest backer in a very difficult 300 00:16:04,400 --> 00:16:06,680 Speaker 4: position as well. But I think, yes, I think this 301 00:16:06,840 --> 00:16:10,680 Speaker 4: latest maneuver, I think it's his way of providing a response, 302 00:16:11,000 --> 00:16:15,040 Speaker 4: a quick response to what appears to be Ukraine's use 303 00:16:15,080 --> 00:16:16,200 Speaker 4: of these weapons now. 304 00:16:16,320 --> 00:16:17,400 Speaker 5: And RIZ up to now. 305 00:16:17,520 --> 00:16:20,360 Speaker 2: This has come at a time when there's been a 306 00:16:20,480 --> 00:16:25,440 Speaker 2: pretty breakneck effort by outgoing President Biden to shore up 307 00:16:25,480 --> 00:16:29,280 Speaker 2: support for Ukraine. Ukrainian President Vladimir Zelenski has been talking 308 00:16:29,320 --> 00:16:32,120 Speaker 2: about once President elect Trump comes in, there's probably going 309 00:16:32,160 --> 00:16:35,280 Speaker 2: to be a quick end to the war in some way. 310 00:16:35,400 --> 00:16:39,120 Speaker 2: How could these latest developments sort of alter the calculus 311 00:16:39,160 --> 00:16:40,160 Speaker 2: going forward. 312 00:16:40,720 --> 00:16:44,080 Speaker 16: Well, the latest developments at least if this missile strike 313 00:16:44,240 --> 00:16:48,360 Speaker 16: is confirmed, it doesn't tangibly change the trajectory of the 314 00:16:48,360 --> 00:16:51,240 Speaker 16: war on the ground, although obviously being seen as an escalation, 315 00:16:51,320 --> 00:16:54,000 Speaker 16: and we can see that in the retoric from Russia 316 00:16:54,120 --> 00:16:56,920 Speaker 16: today is Bill was saying the timing of the announcement 317 00:16:57,360 --> 00:17:00,960 Speaker 16: on the nuclear doctrine that Vladimir Putin had signed, it 318 00:17:01,000 --> 00:17:03,120 Speaker 16: is interesting even though this is a doctrine, they were 319 00:17:03,120 --> 00:17:05,760 Speaker 16: talking about a change to what months ago. So the 320 00:17:05,840 --> 00:17:10,440 Speaker 16: details themselves are not new or surprising. So escalation there, 321 00:17:10,480 --> 00:17:13,680 Speaker 16: but also really you see Russia and Ukraine both trying 322 00:17:13,680 --> 00:17:17,800 Speaker 16: to position themselves to be in the most advantageous position, 323 00:17:18,080 --> 00:17:22,359 Speaker 16: you know, for the reality of that negotiations or talks likely, 324 00:17:22,440 --> 00:17:24,199 Speaker 16: you know, Russia will have to feel that it's in 325 00:17:24,240 --> 00:17:27,760 Speaker 16: their best interests to talk and to get some kind. 326 00:17:27,640 --> 00:17:31,240 Speaker 3: Of negotiation going. Ukraine needs to be in the strongest position. 327 00:17:31,359 --> 00:17:35,200 Speaker 16: That's very much the messaging that's coming from Ukraine's allies 328 00:17:35,320 --> 00:17:39,000 Speaker 16: publicly at this point, a recognition that military and financial 329 00:17:39,040 --> 00:17:43,560 Speaker 16: aid will start to slow, particularly from the US, and 330 00:17:43,600 --> 00:17:46,919 Speaker 16: so the positioning is going on. You can see that 331 00:17:46,960 --> 00:17:49,399 Speaker 16: from both Russia and Ukraine, and that's likely to be 332 00:17:49,520 --> 00:17:52,320 Speaker 16: very much the case over the next couple of months 333 00:17:52,480 --> 00:17:54,680 Speaker 16: until we have the Donald Trump back in the chair 334 00:17:54,720 --> 00:17:56,399 Speaker 16: as president and Bill. 335 00:17:56,720 --> 00:17:58,680 Speaker 2: Of course, this is coming at a time as well 336 00:17:58,800 --> 00:18:03,720 Speaker 2: when we've seen North Korean troops move alongside Russian forces 337 00:18:03,800 --> 00:18:06,639 Speaker 2: on the front lines. President Biden was saying that this 338 00:18:06,760 --> 00:18:09,600 Speaker 2: authorized use of long range missiles was a reaction to 339 00:18:09,800 --> 00:18:13,160 Speaker 2: that as well. Where could we see this conflict go 340 00:18:13,560 --> 00:18:16,359 Speaker 2: in the short to medium term as we are in 341 00:18:16,400 --> 00:18:18,080 Speaker 2: the midst of this Trump transition. 342 00:18:19,680 --> 00:18:23,200 Speaker 4: Well, right, I think the North Korean the North Korean 343 00:18:23,200 --> 00:18:27,960 Speaker 4: troops are also a game changer in this situation. I mean, 344 00:18:28,600 --> 00:18:32,320 Speaker 4: you have intelligence reports saying that while there's ten thousand 345 00:18:32,680 --> 00:18:36,639 Speaker 4: North Korean troops in Russia now preparing to fight against 346 00:18:36,720 --> 00:18:40,720 Speaker 4: the Ukrainians, there could be through rotations as many as 347 00:18:40,760 --> 00:18:43,639 Speaker 4: one hundred thousand over time. That's a huge advantage to 348 00:18:43,720 --> 00:18:47,640 Speaker 4: Russia in terms of replacing troops in in terms of 349 00:18:47,720 --> 00:18:51,040 Speaker 4: potentially expanding the battlefield. As ros said, I think both 350 00:18:51,119 --> 00:18:54,240 Speaker 4: sides are going to be intensely jocking for all the 351 00:18:54,359 --> 00:18:57,760 Speaker 4: leverage they can get at this point. For Ukraine that 352 00:18:57,920 --> 00:19:01,000 Speaker 4: means holding as much of that cursed region of Russia 353 00:19:01,080 --> 00:19:04,879 Speaker 4: that it captured earlier this year. I think for Russia 354 00:19:04,920 --> 00:19:08,600 Speaker 4: it means pushing in across the entire front, and if 355 00:19:08,640 --> 00:19:10,919 Speaker 4: they can do that with North Korean troops from their. 356 00:19:10,800 --> 00:19:12,480 Speaker 3: Perspective, all the better. 357 00:19:12,600 --> 00:19:15,800 Speaker 4: So I think, you know, the West has seen this 358 00:19:16,040 --> 00:19:19,679 Speaker 4: arrival of North Koreans as an escalation, just as Russia 359 00:19:19,720 --> 00:19:23,919 Speaker 4: sees the use of these attack em missiles as a 360 00:19:24,040 --> 00:19:25,000 Speaker 4: separate escalation. 361 00:19:25,119 --> 00:19:28,480 Speaker 2: Here speaking with Bill Ferry, senior editor for Bloomberg News, 362 00:19:28,520 --> 00:19:31,320 Speaker 2: and Rosalind Mathison, our news director for Europe, the Middle 363 00:19:31,359 --> 00:19:36,280 Speaker 2: East and Africa, Roz. Since we've seen this decree signed 364 00:19:36,680 --> 00:19:39,920 Speaker 2: just this morning by Russian President Vladimir Putin, it's worth 365 00:19:39,960 --> 00:19:44,760 Speaker 2: going into detail on what the significance is of this 366 00:19:45,000 --> 00:19:48,960 Speaker 2: change in the nuclear doctrine for Russia. How big a 367 00:19:49,080 --> 00:19:52,400 Speaker 2: change is this From what we understand from the decree. 368 00:19:52,400 --> 00:19:54,800 Speaker 16: Well, it seems to be around the parameters of what 369 00:19:54,920 --> 00:19:58,600 Speaker 16: Russia would say you know, allows it to respond with 370 00:19:58,680 --> 00:20:01,880 Speaker 16: the use of nuclear weapons. And one is a very 371 00:20:02,000 --> 00:20:04,840 Speaker 16: large scale and how do you define that conventional attack 372 00:20:05,359 --> 00:20:09,360 Speaker 16: on Russia. That's quite a broad church there, potentially. And 373 00:20:09,440 --> 00:20:13,480 Speaker 16: secondly that an attack on Russia by a non nuclear 374 00:20:13,520 --> 00:20:18,120 Speaker 16: state ie Ukraine, backed by a nuclear state i e. 375 00:20:18,240 --> 00:20:20,760 Speaker 16: The US, would be seen as a joint attack on 376 00:20:20,840 --> 00:20:24,720 Speaker 16: Russia involving a nuclear state, and thereby a condition that 377 00:20:24,840 --> 00:20:29,320 Speaker 16: could allow Russia to respond with nuclear force. And so 378 00:20:29,520 --> 00:20:32,239 Speaker 16: some of the conditions that they would say, you know, 379 00:20:32,520 --> 00:20:35,399 Speaker 16: are laid out for themselves for when they could use 380 00:20:35,400 --> 00:20:38,639 Speaker 16: a nuclear weapon. But we've seen throughout this conflict, you know, 381 00:20:38,640 --> 00:20:41,560 Speaker 16: as Bill was saying earlier, Russia has said repeatedly or 382 00:20:41,720 --> 00:20:46,000 Speaker 16: quite quite regularly throughout this raise the prospect of using 383 00:20:46,240 --> 00:20:49,600 Speaker 16: nuclear weapons at each step of the escalation it says 384 00:20:49,600 --> 00:20:52,600 Speaker 16: that comes from Ukraine or others, the use of certain 385 00:20:52,640 --> 00:20:55,000 Speaker 16: types of weapons or something. They say, well, we could 386 00:20:55,040 --> 00:20:59,360 Speaker 16: possibly use nuclear weapons in response, and obviously that's not happened. 387 00:20:59,440 --> 00:21:02,280 Speaker 16: So how much of it is saber rattling, you know, 388 00:21:02,400 --> 00:21:06,639 Speaker 16: obviously remains to be seen. But certainly it gives them, 389 00:21:06,640 --> 00:21:10,320 Speaker 16: at least on paper, some further parameters for which they 390 00:21:10,359 --> 00:21:12,440 Speaker 16: could use nuclear weapons, and. 391 00:21:12,400 --> 00:21:15,280 Speaker 2: It remains to be seen. I suppose Bill, how NATO 392 00:21:15,359 --> 00:21:19,520 Speaker 2: could react, how the incoming Trump administration could react to 393 00:21:19,600 --> 00:21:23,239 Speaker 2: this as well, with this transition under way. But what 394 00:21:23,359 --> 00:21:28,480 Speaker 2: can we sort of glean from how NATO has been 395 00:21:28,600 --> 00:21:32,240 Speaker 2: preparing for this kind of change and trying to show 396 00:21:32,240 --> 00:21:36,840 Speaker 2: continued support for Ukraine. How NATO could respond to this 397 00:21:37,000 --> 00:21:40,080 Speaker 2: shift in the Russian nuclear doctrine. 398 00:21:40,760 --> 00:21:43,280 Speaker 4: Well, I think, you know, some of the starting to 399 00:21:43,320 --> 00:21:47,439 Speaker 4: be potentially conflicting messages we're getting here. You have the 400 00:21:47,560 --> 00:21:50,400 Speaker 4: US saying it's basically the Biden administration is saying they 401 00:21:50,480 --> 00:21:53,840 Speaker 4: basically want to shovel all the money and weapons that 402 00:21:53,880 --> 00:21:57,560 Speaker 4: they've promised Ukraine out the door, get them in Ukraine 403 00:21:57,680 --> 00:22:02,680 Speaker 4: before Donald Trump takes office on January twentieth. And then 404 00:22:02,720 --> 00:22:05,520 Speaker 4: you have some messaging from Europe now about you know 405 00:22:05,840 --> 00:22:09,639 Speaker 4: a little bit of pressure coming from European leaders from 406 00:22:09,720 --> 00:22:13,160 Speaker 4: NATO leaders about you know, where is this headed and 407 00:22:13,320 --> 00:22:17,320 Speaker 4: can we start to see the outlines of some kind 408 00:22:17,359 --> 00:22:19,679 Speaker 4: of a truce or a de escalation. Here you have 409 00:22:20,080 --> 00:22:25,480 Speaker 4: President Erdowan airing some details about his peace or truce proposal, 410 00:22:26,680 --> 00:22:28,520 Speaker 4: and you have this, you know, this call the other 411 00:22:28,600 --> 00:22:32,359 Speaker 4: day between German Chancellor Olaf Schultz and Vladimir Putin is 412 00:22:32,400 --> 00:22:36,080 Speaker 4: the first real communication at that level in about two years. 413 00:22:36,119 --> 00:22:39,359 Speaker 4: So I think there's a lot of nervousness in Europe 414 00:22:39,440 --> 00:22:43,000 Speaker 4: about what could be coming in the year ahead. Frankly, 415 00:22:43,040 --> 00:22:45,440 Speaker 4: President Zelensky has said he'd like to see this come 416 00:22:45,480 --> 00:22:49,160 Speaker 4: to a conclusion in the coming year. But I do think, 417 00:22:49,320 --> 00:22:52,960 Speaker 4: you know, January twentieth is looming very large in everyone's 418 00:22:53,000 --> 00:22:55,960 Speaker 4: minds at this point. Whether you're in Moscow, whether you're 419 00:22:56,000 --> 00:22:58,520 Speaker 4: in Brussels or anywhere else, or whether you're in Kiev. 420 00:22:59,359 --> 00:23:04,480 Speaker 4: That is that's the day that really thinks US policy 421 00:23:04,560 --> 00:23:08,359 Speaker 4: could very quickly change. You could see a rapid diminishment 422 00:23:08,359 --> 00:23:12,479 Speaker 4: of support from Washington, and that will start to have 423 00:23:12,560 --> 00:23:15,120 Speaker 4: a very quick impact on the ground. I don't think 424 00:23:15,119 --> 00:23:18,440 Speaker 4: anyone expects Europe to make up the entirety of America 425 00:23:18,520 --> 00:23:20,840 Speaker 4: backing away from this, if that's indeed what happens. 426 00:23:22,240 --> 00:23:25,199 Speaker 1: This is Bloomberg day Break, your morning podcast on the 427 00:23:25,240 --> 00:23:28,760 Speaker 1: stories making news from Wall Street to Washington and beyond. 428 00:23:29,000 --> 00:23:31,400 Speaker 2: Look for us on your podcast feed by six am 429 00:23:31,440 --> 00:23:34,840 Speaker 2: Eastern each morning, on Apple, Spotify, or anywhere else you listen. 430 00:23:35,080 --> 00:23:37,920 Speaker 1: You can also listen live each morning starting at five 431 00:23:37,960 --> 00:23:40,680 Speaker 1: am Wall Street Time on Bloomberg eleven three to zero 432 00:23:40,680 --> 00:23:43,560 Speaker 1: in New York, Bloomberg in ninety nine to one in Washington, 433 00:23:43,640 --> 00:23:47,560 Speaker 1: Bloomberg ninety two nine in Boston, and nationwide on serious 434 00:23:47,800 --> 00:23:49,560 Speaker 1: XM Channel one twenty one. 435 00:23:49,760 --> 00:23:50,080 Speaker 9: Plus. 436 00:23:50,080 --> 00:23:52,680 Speaker 2: Listen coast to coast on the Bloomberg Business App now 437 00:23:52,720 --> 00:23:55,320 Speaker 2: with Apple CarPlay and Android Atuto interfaces. 438 00:23:55,560 --> 00:23:58,560 Speaker 1: And don't forget to subscribe to Bloomberg News Now. It's 439 00:23:58,600 --> 00:24:01,320 Speaker 1: the latest news whenever you want it in five minutes 440 00:24:01,400 --> 00:24:04,520 Speaker 1: or less. Search Bloomberg News Now on your favorite podcast 441 00:24:04,560 --> 00:24:06,760 Speaker 1: platform to stay informed all day long. 442 00:24:07,119 --> 00:24:08,720 Speaker 3: I'm Karen Moscow. 443 00:24:08,520 --> 00:24:11,040 Speaker 2: And I'm Nathan Hager. Join us again tomorrow morning for 444 00:24:11,080 --> 00:24:13,040 Speaker 2: all the news you need to start your day right 445 00:24:13,040 --> 00:24:14,479 Speaker 2: here on Bloomberg Day Ray