1
00:00:02,520 --> 00:00:07,040
Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

2
00:00:10,119 --> 00:00:13,360
Speaker 2: Good morning, I'm Lisa Matteo and I'm Karen Moscow. Here

3
00:00:13,440 --> 00:00:15,200
Speaker 2: are the stories we're following today.

4
00:00:16,840 --> 00:00:18,640
Speaker 3: Karen, we begin with a high stakes meeting at the

5
00:00:18,680 --> 00:00:22,360
Speaker 3: White House later today, European and NATO leaders will join

6
00:00:22,440 --> 00:00:26,440
Speaker 3: President Vladimir Zelensky in Washington for talks with President Trump

7
00:00:26,480 --> 00:00:30,200
Speaker 3: on ending Russia's warn Ukraine. President Trump is expected to

8
00:00:30,240 --> 00:00:33,640
Speaker 3: outline terms for a potential peace deal discussed with Vladimir

9
00:00:33,680 --> 00:00:37,879
Speaker 3: Putin with Washington likely to focus on territorial concessions demanded

10
00:00:37,920 --> 00:00:41,720
Speaker 3: by Russia. Here's what Vladimir Zelenski said ahead of today's meeting.

11
00:00:42,000 --> 00:00:44,879
Speaker 4: It's important that America agrees to work with Europe to

12
00:00:44,920 --> 00:00:49,280
Speaker 4: provide security guarantees for Ukraine. And we are very thankful

13
00:00:49,320 --> 00:00:51,839
Speaker 4: to the United States er the President for such signal

14
00:00:52,240 --> 00:00:56,520
Speaker 4: and therefore for everyone in Europe, this is a significant change.

15
00:00:56,760 --> 00:00:59,640
Speaker 4: Bah there are no details how it will work.

16
00:01:00,040 --> 00:01:03,200
Speaker 3: Ukraine's President Zolenzk game now. The meeting follows a weekend

17
00:01:03,280 --> 00:01:06,240
Speaker 3: call among allies, during which President Trump is said to

18
00:01:06,280 --> 00:01:09,560
Speaker 3: have told European leaders he's open to US involvement in

19
00:01:09,600 --> 00:01:12,520
Speaker 3: providing security guarantees for Ukraine.

20
00:01:12,680 --> 00:01:16,520
Speaker 2: Meanwhile, Lisa, Secretary of Stayed Marco Rubio, said the US

21
00:01:16,640 --> 00:01:19,840
Speaker 2: is holding out hope for a ceasefire in Ukraine, and

22
00:01:19,840 --> 00:01:22,120
Speaker 2: he spoke on NBC's Meet the Press.

23
00:01:22,560 --> 00:01:25,000
Speaker 5: It was agreed to by all that the best way

24
00:01:25,520 --> 00:01:27,560
Speaker 5: to end this conflict is through a full peace deal.

25
00:01:27,600 --> 00:01:29,360
Speaker 5: There's no doubt about that. I mean, who would be

26
00:01:29,360 --> 00:01:31,200
Speaker 5: against the fact if tomorrow we came to you and

27
00:01:31,240 --> 00:01:33,800
Speaker 5: said we have a full peace deal and it's done.

28
00:01:33,959 --> 00:01:35,399
Speaker 5: I think that's the best way to end the war.

29
00:01:35,480 --> 00:01:35,640
Speaker 6: Now.

30
00:01:35,640 --> 00:01:37,840
Speaker 5: Whether there needs to be a ceasefire on the way there,

31
00:01:37,840 --> 00:01:40,920
Speaker 5: well we've advocated for that. Unfortunately the Russians as of

32
00:01:40,959 --> 00:01:42,040
Speaker 5: now have not agreed to that.

33
00:01:42,560 --> 00:01:45,880
Speaker 2: Secretary of State Marco Rubio made the comments on NBC's

34
00:01:45,959 --> 00:01:49,880
Speaker 2: Meet the Press, Catch the program Sunday afternoons on Bloomberg Radio.

35
00:01:50,200 --> 00:01:50,360
Speaker 7: Well.

36
00:01:50,440 --> 00:01:52,920
Speaker 3: Unlike Zelenski's last meeting at the White House Caeren, the

37
00:01:53,000 --> 00:01:56,840
Speaker 3: Ukrainian leader will be accompanied by European leaders, including French

38
00:01:56,880 --> 00:02:01,280
Speaker 3: President Emmanuel Macron, UK's Keir Starmer and Germany's Friedrich Meertz.

39
00:02:01,560 --> 00:02:03,880
Speaker 3: We get more in the meeting from Bloomberg News senior

40
00:02:03,920 --> 00:02:05,080
Speaker 3: writer Stephanie Baker.

41
00:02:05,480 --> 00:02:08,679
Speaker 8: I've noticed that Trump seems to echo the position of

42
00:02:08,720 --> 00:02:11,160
Speaker 8: the last person he's spoken to, which is why he

43
00:02:11,360 --> 00:02:15,360
Speaker 8: was talking tough. Having spoken to European leaders going into

44
00:02:15,400 --> 00:02:17,800
Speaker 8: the summit with Putin, I think that the European leaders

45
00:02:17,800 --> 00:02:20,680
Speaker 8: will want to get that back on track. It is

46
00:02:20,720 --> 00:02:23,359
Speaker 8: a high powered delegation. I think they want to make

47
00:02:23,400 --> 00:02:26,840
Speaker 8: sure that there's no repeat of those zlens Key disastrous

48
00:02:26,840 --> 00:02:29,880
Speaker 8: February meeting in the Oval Office, and I think they

49
00:02:29,919 --> 00:02:33,600
Speaker 8: will be stressing that there can be no landswaps, no

50
00:02:34,000 --> 00:02:39,000
Speaker 8: concessions on handing over Ukrainian territory to Russia for no concessions,

51
00:02:39,560 --> 00:02:42,720
Speaker 8: and that they want to clarify the details of whatever

52
00:02:42,760 --> 00:02:46,560
Speaker 8: these US security guarantees might be, because it's all quite

53
00:02:46,639 --> 00:02:47,799
Speaker 8: vague at this point.

54
00:02:47,960 --> 00:02:51,320
Speaker 3: Bloomberg News senior writer Stephanie Baker says President Trump also

55
00:02:51,360 --> 00:02:54,120
Speaker 3: told allies he wanted to reach a deal quickly and

56
00:02:54,160 --> 00:02:56,560
Speaker 3: would urge Ukraine to come to one, with a goal

57
00:02:56,600 --> 00:02:59,120
Speaker 3: of holding up Putin' Zelensky meeting within a week.

58
00:03:00,160 --> 00:03:04,080
Speaker 2: President Trump's trade advisor Peter Navarro is slamming India for

59
00:03:04,200 --> 00:03:07,480
Speaker 2: buying Russian oil. In the Financial Times, Navara wrote that

60
00:03:07,560 --> 00:03:12,240
Speaker 2: India's purchases of Russian oil are quote opportunistic and deeply

61
00:03:12,320 --> 00:03:16,400
Speaker 2: corrosive of a global effort to isolate the Kremlin. He added,

62
00:03:16,400 --> 00:03:20,120
Speaker 2: American consumers buy Indian goods, and he said India uses

63
00:03:20,160 --> 00:03:22,919
Speaker 2: those dollars to buy discounted Russian crude.

64
00:03:23,040 --> 00:03:25,440
Speaker 3: Well more than three months after the US and UK

65
00:03:25,560 --> 00:03:27,920
Speaker 3: agreed the first meeting of a string of deals to

66
00:03:27,960 --> 00:03:30,919
Speaker 3: reduce towers, many trading partners are still waiting for the

67
00:03:30,960 --> 00:03:34,520
Speaker 3: rhetoric to become reality. Britain, Japan, South Korea and the

68
00:03:34,560 --> 00:03:37,680
Speaker 3: EU all say the White House promised them exemptions and

69
00:03:37,800 --> 00:03:41,200
Speaker 3: trade talks but hasn't signed them into law. Bloombergs James

70
00:03:41,200 --> 00:03:43,000
Speaker 3: Wilcock has more from London.

71
00:03:43,000 --> 00:03:46,160
Speaker 9: For the Brits. It's still take a listen to Prime

72
00:03:46,200 --> 00:03:48,320
Speaker 9: Minister kissed Arma three months ago.

73
00:03:48,720 --> 00:03:52,040
Speaker 10: Just a few moments ago, I spoke to President Trump,

74
00:03:52,080 --> 00:03:55,480
Speaker 10: the President of the United States, and I'm really pleased

75
00:03:55,480 --> 00:03:59,640
Speaker 10: to announce that we've agreed the basis of a historic

76
00:04:00,080 --> 00:04:05,600
Speaker 10: economic prosperity deal. It will remove tariffs of British steel

77
00:04:05,760 --> 00:04:09,120
Speaker 10: and aluminium, reducing them to zero.

78
00:04:10,000 --> 00:04:12,520
Speaker 9: The UK Prime Minister was very clear and no one

79
00:04:12,560 --> 00:04:15,480
Speaker 9: in the US corrected him, but the steel exemption has

80
00:04:15,520 --> 00:04:16,640
Speaker 9: never been finalized.

81
00:04:17,040 --> 00:04:18,039
Speaker 7: So the current.

82
00:04:17,800 --> 00:04:21,880
Speaker 9: Tariff on UK steel exported to America is twenty five percent.

83
00:04:22,600 --> 00:04:26,000
Speaker 9: For Japan, South Korea and the European Union, it's the

84
00:04:26,040 --> 00:04:30,400
Speaker 9: exact same problem, but with cars. Fears are growing. The

85
00:04:30,440 --> 00:04:33,800
Speaker 9: scale of the US's global trade talks are making delays

86
00:04:33,880 --> 00:04:39,159
Speaker 9: inevitable and likely causing more economic damage. In London, James

87
00:04:39,160 --> 00:04:40,960
Speaker 9: Wilcock Bloomberg Radio, all.

88
00:04:40,960 --> 00:04:42,559
Speaker 2: Right, James, thank you well. We turned to the Middle

89
00:04:42,560 --> 00:04:45,280
Speaker 2: East now, and hundreds of thousands of Israelis took to

90
00:04:45,320 --> 00:04:49,240
Speaker 2: the streets to protest Prime Minister Benjamin Netanyahu's plan to

91
00:04:49,360 --> 00:04:53,320
Speaker 2: expand operations in the Gaza Strip. Organizers said as many

92
00:04:53,320 --> 00:04:55,839
Speaker 2: as half a million people attended the main rally in

93
00:04:55,880 --> 00:04:59,600
Speaker 2: Tel Aviv. Net Yahoo, however, insists their calls to end

94
00:04:59,600 --> 00:05:03,000
Speaker 2: the car flight will only embolden Hamas the Sumer.

95
00:05:03,120 --> 00:05:03,640
Speaker 10: We come up.

96
00:05:03,760 --> 00:05:05,480
Speaker 11: Those who are calling for an end to the war

97
00:05:05,520 --> 00:05:09,120
Speaker 11: today without defeating Hamas are not only hardening Hamas's stance

98
00:05:09,160 --> 00:05:11,480
Speaker 11: and delaying the release of our hostages, they are also

99
00:05:11,600 --> 00:05:14,080
Speaker 11: ensuring that the horrors of October the seventh will recur

100
00:05:14,400 --> 00:05:15,159
Speaker 11: again and again.

101
00:05:15,640 --> 00:05:18,960
Speaker 2: Israeli Prime Minister Benjamin ette Yahoo's speaking through an interpreter

102
00:05:19,040 --> 00:05:21,680
Speaker 2: and at Yahoo's government this month gave the army the

103
00:05:21,720 --> 00:05:24,400
Speaker 2: green light to take control of the de facto capital,

104
00:05:24,440 --> 00:05:27,200
Speaker 2: Gaja City and crush hamas holdouts.

105
00:05:27,600 --> 00:05:31,000
Speaker 3: We'll turn into the market's futures right now, Well, little change.

106
00:05:31,000 --> 00:05:33,760
Speaker 3: This is ahead of those talks in Washington. Another possible

107
00:05:33,800 --> 00:05:36,040
Speaker 3: market moving event comes on Thursday, and that's when the

108
00:05:36,120 --> 00:05:40,480
Speaker 3: Kansas City Fed's Annual Economic Policy Symposium kicks off in Jackson,

109
00:05:40,520 --> 00:05:44,120
Speaker 3: hol Wyoming, And as Bloomberg's Denise Pelagreeni reports, we could

110
00:05:44,120 --> 00:05:46,400
Speaker 3: see even more news em and eight from this year's

111
00:05:46,440 --> 00:05:47,479
Speaker 3: gathering than usual.

112
00:05:47,960 --> 00:05:51,120
Speaker 12: Watch for headlines when FED Chair J Powell addresses the

113
00:05:51,160 --> 00:05:54,200
Speaker 12: gathering Friday morning at ten am Eastern, he could give

114
00:05:54,240 --> 00:05:56,640
Speaker 12: a hint on how likely the Fed is or isn't

115
00:05:56,680 --> 00:05:59,960
Speaker 12: two cut interest rates at its September meeting, and also

116
00:06:00,160 --> 00:06:03,360
Speaker 12: by how much. The theme for this year's gathering is labor,

117
00:06:03,360 --> 00:06:09,280
Speaker 12: markets in transition, demographics, productivity, and macroeconomic policy. Also, Powell

118
00:06:09,400 --> 00:06:12,880
Speaker 12: is expected to unveil the Fed's new policy framework, the

119
00:06:12,920 --> 00:06:17,080
Speaker 12: strategy it will use to achieve its inflation and employment goals.

120
00:06:17,360 --> 00:06:19,600
Speaker 12: And then, of course, we could also get headlines from

121
00:06:19,680 --> 00:06:23,160
Speaker 12: President Trump about his choice to replace Powell, whose term

122
00:06:23,200 --> 00:06:27,480
Speaker 12: as chair officially ends next May. Denise Pellegriny, Bloomberg Radio.

123
00:06:27,480 --> 00:06:29,960
Speaker 2: Denise, thank you, and a programming note. We will have

124
00:06:30,120 --> 00:06:33,360
Speaker 2: live coverage from Jackson Hole this week. It all starts

125
00:06:33,360 --> 00:06:35,960
Speaker 2: on Wednesday and finishes up with a special edition of

126
00:06:36,040 --> 00:06:40,159
Speaker 2: Bloomberg Survey Lunch. Tom Kean, Lisa Abramowitz, and Michael McKee

127
00:06:40,200 --> 00:06:42,520
Speaker 2: will all be part of that special starting at nine

128
00:06:42,560 --> 00:06:46,520
Speaker 2: am Eastern on Friday, plus Latch for special episodes of

129
00:06:46,560 --> 00:06:50,440
Speaker 2: the Odd Lots podcast. Joe Wisenthal and Tracy Alloway will

130
00:06:50,480 --> 00:06:53,080
Speaker 2: be taping several conversations from the event as.

131
00:06:52,920 --> 00:06:56,039
Speaker 3: Well, and another name is Karen. Air Canada has suspended

132
00:06:56,080 --> 00:07:00,000
Speaker 3: plans to restart operations after the union representing ten thousand

133
00:07:00,080 --> 00:07:03,719
Speaker 3: and flight attendants decided to defy a return to work order.

134
00:07:04,080 --> 00:07:08,200
Speaker 3: The Canada Industrial Relations Board offered staff back by Sunday afternoon,

135
00:07:08,400 --> 00:07:12,800
Speaker 3: but the union refused, calling the order unconstitutional. Air Canada

136
00:07:12,880 --> 00:07:16,720
Speaker 3: now plans to resume flights Monday evening. The shutdown, which

137
00:07:16,720 --> 00:07:19,880
Speaker 3: began early Saturday, effects about one hundred and thirty thousand

138
00:07:19,880 --> 00:07:20,640
Speaker 3: people daily.

139
00:07:24,160 --> 00:07:25,440
Speaker 2: As Time Now for a look at some of the

140
00:07:25,480 --> 00:07:28,040
Speaker 2: other stories making news in New York and around the world,

141
00:07:28,160 --> 00:07:30,760
Speaker 2: and for that. We're joined by Bloomberg's Michael Barr Michael,

142
00:07:30,800 --> 00:07:31,520
Speaker 2: good morning.

143
00:07:31,360 --> 00:07:35,559
Speaker 6: Good morning, Karen. Hurricane Aaron has reintensified after moving past

144
00:07:35,680 --> 00:07:39,000
Speaker 6: Puerto Rico, with the storm expected to increase in size

145
00:07:39,040 --> 00:07:41,800
Speaker 6: and remain over the Atlantic as it turns off the

146
00:07:41,920 --> 00:07:45,840
Speaker 6: US East coast later this week. Bloomberg Media religius Craig

147
00:07:45,840 --> 00:07:46,880
Speaker 6: Allen has more.

148
00:07:47,040 --> 00:07:50,840
Speaker 13: The larger size means a larger windfield and thus a

149
00:07:50,960 --> 00:07:54,320
Speaker 13: larger ocean effect, So even though the center will be

150
00:07:54,680 --> 00:07:58,800
Speaker 13: several hundred miles off the midlining coastline, the North Carolina

151
00:07:58,880 --> 00:08:02,239
Speaker 13: outer banks may take a severe beating before the turn

152
00:08:02,360 --> 00:08:05,520
Speaker 13: from the storm, and the swells could reach thirty to

153
00:08:05,560 --> 00:08:08,960
Speaker 13: fifty feet just offshore of the outer banks. In fact,

154
00:08:09,080 --> 00:08:12,120
Speaker 13: Erin will produce life threatening surf and rip currents all

155
00:08:12,160 --> 00:08:14,880
Speaker 13: along the beachfront from Florida clear on.

156
00:08:14,920 --> 00:08:19,040
Speaker 6: Up to Maine. Bloomberg meteorologist Craig Allen. Erin is expected

157
00:08:19,080 --> 00:08:23,160
Speaker 6: to remain a hurricane through at least Wednesday. The NYPD

158
00:08:23,320 --> 00:08:26,280
Speaker 6: continues to search for multiple shooters after at least three

159
00:08:26,320 --> 00:08:29,520
Speaker 6: people were killed and at least ten wounded inside a

160
00:08:29,600 --> 00:08:33,840
Speaker 6: nightclub then Brooklyn early Sunday, New York Mayor Eric Adams

161
00:08:33,880 --> 00:08:34,920
Speaker 6: condemned the violence.

162
00:08:35,400 --> 00:08:37,280
Speaker 3: The gun violence of this magnitude.

163
00:08:37,679 --> 00:08:40,960
Speaker 9: It really scars a community in a city.

164
00:08:41,280 --> 00:08:43,880
Speaker 6: The mass shooting happened at the Taste of the City

165
00:08:43,960 --> 00:08:47,560
Speaker 6: lounge in Crown Heights, Brooklyn, following a dispute that appears

166
00:08:47,600 --> 00:08:51,120
Speaker 6: to be gang related. Police Commissioner Jessica Tish called it

167
00:08:51,280 --> 00:08:54,679
Speaker 6: a terrible shooting that comes in a year of otherwise

168
00:08:54,760 --> 00:08:59,440
Speaker 6: record low gun violence. The House Oversight and Government Reform Committee,

169
00:08:59,440 --> 00:09:02,959
Speaker 6: currently in instigating the death of Jeffrey Epstein, will today

170
00:09:03,040 --> 00:09:06,920
Speaker 6: here closed door testimony from former Attorney General William Barr.

171
00:09:07,440 --> 00:09:11,079
Speaker 6: The House Oversight Committee is seeking records related to Epstein's

172
00:09:11,240 --> 00:09:15,520
Speaker 6: ex associate, Gallaine Maxwell. Epstein dined in twenty nineteen in

173
00:09:15,679 --> 00:09:20,240
Speaker 6: federal detention after being charged with sex trafficking. Barr conducted

174
00:09:20,240 --> 00:09:23,680
Speaker 6: a personal interview of the incident and confirmed his death

175
00:09:23,840 --> 00:09:26,880
Speaker 6: was a suicide. Global News twenty four hours a day

176
00:09:27,000 --> 00:09:30,319
Speaker 6: and whenever you want it with Bloomberg News Now Michael Barr,

177
00:09:30,400 --> 00:09:31,880
Speaker 6: and this is Bloomberg Karen.

178
00:09:32,040 --> 00:09:38,760
Speaker 2: All right, Michael Barr, thank you time now for the

179
00:09:38,760 --> 00:09:42,760
Speaker 2: Bloomberg Sports update. Here's John Stashauer a junkive Morning morning.

180
00:09:42,840 --> 00:09:45,840
Speaker 14: Karen Mets and Mariners split two games at Cityfield. Finished

181
00:09:45,840 --> 00:09:48,840
Speaker 14: the series in Williams Sport, Pennsylvania, side of the Little

182
00:09:48,880 --> 00:09:51,040
Speaker 14: League World Series. The Mets scored three runs in the

183
00:09:51,080 --> 00:09:53,520
Speaker 14: second he got four more in the fifth with Mark

184
00:09:53,600 --> 00:09:56,240
Speaker 14: Fiento's blast and a three run homer. They beat Seattle

185
00:09:56,360 --> 00:09:59,280
Speaker 14: seven to three, so back to back wins since losing

186
00:09:59,360 --> 00:10:02,800
Speaker 14: fourteen sixteen, they stay ahead of Cincinnati for the last

187
00:10:02,800 --> 00:10:05,440
Speaker 14: wild card. The Reds won three to two in ten innings.

188
00:10:05,480 --> 00:10:09,280
Speaker 14: They ended Milwaukee's fourteen game winning straight. The Yankees in

189
00:10:09,400 --> 00:10:12,000
Speaker 14: Saint Louis tied four to four. In the ninth inning.

190
00:10:12,720 --> 00:10:14,840
Speaker 12: Faces are loaded for Cody Bellinger.

191
00:10:14,920 --> 00:10:17,160
Speaker 7: It's that hard on the right side and it skips

192
00:10:17,280 --> 00:10:20,880
Speaker 7: pass to Jay z Hate the right field. Two runs

193
00:10:20,920 --> 00:10:24,920
Speaker 7: are going to score, judging to third. The Yankees leading

194
00:10:25,200 --> 00:10:26,160
Speaker 7: God's six to four.

195
00:10:26,200 --> 00:10:28,839
Speaker 14: Of the night on the S Network, Aanks added two more.

196
00:10:28,880 --> 00:10:31,440
Speaker 14: They won eight to four for their first series sweep

197
00:10:31,480 --> 00:10:35,080
Speaker 14: since early July. Red Sox lost to Miami five to three.

198
00:10:35,160 --> 00:10:38,360
Speaker 14: Nationals loss of the Phillies eleven to nine. The Giants'

199
00:10:38,360 --> 00:10:41,440
Speaker 14: top receiver, Milink Neighbors, has not practiced in two weeks,

200
00:10:41,480 --> 00:10:44,000
Speaker 14: yet to play in the preseason It was believed to

201
00:10:44,040 --> 00:10:46,200
Speaker 14: be due to a tow injury suffered last spring. Now

202
00:10:46,240 --> 00:10:49,080
Speaker 14: it's been learned to its back tightness. The Giants do

203
00:10:49,240 --> 00:10:53,360
Speaker 14: expect neighbors to play the season opener BMW Golf outside

204
00:10:53,360 --> 00:10:56,959
Speaker 14: of Baltimore, where Robert McIntyre had that brilliant opening round

205
00:10:57,320 --> 00:11:00,319
Speaker 14: kept the lead until three days after his sixty two two.

206
00:11:00,720 --> 00:11:05,000
Speaker 14: He shot seventy three playing with Scottie Scheffler, who caught McIntyre,

207
00:11:05,400 --> 00:11:08,560
Speaker 14: then passed him, and then Scheffler clinched the tournament on

208
00:11:08,600 --> 00:11:09,640
Speaker 14: the seventeenth hole.

209
00:11:10,559 --> 00:11:12,880
Speaker 15: Lifts this out of the rough out of the putting surface,

210
00:11:12,960 --> 00:11:15,880
Speaker 15: now bringing it down the slope towards the hole, slowly.

211
00:11:15,640 --> 00:11:16,960
Speaker 1: Moving, now picking up speed.

212
00:11:17,360 --> 00:11:19,520
Speaker 7: That's getting close to the hole. Now picking up speed,

213
00:11:19,559 --> 00:11:20,120
Speaker 7: getting close.

214
00:11:20,160 --> 00:11:24,480
Speaker 14: Scottie Scheffler devis right.

215
00:11:24,960 --> 00:11:27,200
Speaker 7: Tifferent Bury over goodness, do.

216
00:11:27,320 --> 00:11:28,040
Speaker 8: You believe it?

217
00:11:28,320 --> 00:11:31,240
Speaker 14: PGA Tour Radio their greatest golfer in the world with

218
00:11:31,280 --> 00:11:34,560
Speaker 14: one of his greatest shots, shipping in from eighty one feet.

219
00:11:34,640 --> 00:11:37,080
Speaker 14: Tennis and Cincinnati, the men's and women's finals are tonight.

220
00:11:37,400 --> 00:11:40,800
Speaker 14: The men have Yanick Sinner against Carlos Elkoraz, John Stanshwar

221
00:11:40,880 --> 00:11:42,800
Speaker 14: Bloomberg Sports Karen Lison John.

222
00:11:42,920 --> 00:11:43,320
Speaker 2: Thank you.

223
00:11:45,280 --> 00:11:46,040
Speaker 7: Stay with us.

224
00:11:46,160 --> 00:11:49,120
Speaker 2: More from Bloomberg day Break coming up after this.

225
00:11:51,559 --> 00:11:55,640
Speaker 1: Coast to coast on Bloomberg Radio nationwide on Serious Exam

226
00:11:55,880 --> 00:11:58,720
Speaker 1: and around the world on Bloomberg dot Com and the

227
00:11:58,760 --> 00:12:01,920
Speaker 1: Bloomberg Business Out. This is Bloomberg Daybreak.

228
00:12:03,200 --> 00:12:05,600
Speaker 3: Well, today you're Currenty and President Blodemeir's the lindskin is

229
00:12:05,600 --> 00:12:08,360
Speaker 3: European allies. They arrive in Washington to begin talks with

230
00:12:08,400 --> 00:12:11,000
Speaker 3: President Donald Trump. And this is after the US Russia

231
00:12:11,000 --> 00:12:14,120
Speaker 3: summon on the Ukraine War ended without a cease fire.

232
00:12:14,240 --> 00:12:17,240
Speaker 3: So what can we expect today? Well, let's turn to

233
00:12:17,280 --> 00:12:20,600
Speaker 3: someone who knows. That's Bloomberg Senior editor Bill Ferries. Bill,

234
00:12:20,640 --> 00:12:23,120
Speaker 3: thanks for joining us this morning. Can you break down

235
00:12:23,160 --> 00:12:25,880
Speaker 3: first of all, who's expected to attend the talks and

236
00:12:26,080 --> 00:12:28,600
Speaker 3: what should be discussed or what will be discussed.

237
00:12:29,520 --> 00:12:33,120
Speaker 15: Well, it's a huge cross section of the European leadership

238
00:12:33,160 --> 00:12:36,400
Speaker 15: that has been most closely aligned with the fight in

239
00:12:36,480 --> 00:12:39,960
Speaker 15: Ukraine and with President Zelenski. So you've got German Chancellor

240
00:12:40,000 --> 00:12:44,080
Speaker 15: Frederick Mhr's, French President Manuel Macrone, the British Prime Minister

241
00:12:44,320 --> 00:12:48,480
Speaker 15: Cure Starmer, Italy's Prime minister, the Finnish president and of

242
00:12:48,480 --> 00:12:52,360
Speaker 15: course the EU president Ursula Vanderlion, and then the head

243
00:12:52,400 --> 00:12:55,200
Speaker 15: of NATO is also expected. It's going to be a

244
00:12:55,240 --> 00:12:59,680
Speaker 15: big turnout. They want to quickly follow up on the

245
00:12:59,679 --> 00:13:02,680
Speaker 15: discs Russians that took place in Alaska last week. It's

246
00:13:02,800 --> 00:13:05,360
Speaker 15: very rare to get all these leaders just to suddenly

247
00:13:05,400 --> 00:13:08,440
Speaker 15: adjust their schedules and fly in. But I think there

248
00:13:08,520 --> 00:13:11,640
Speaker 15: is this realization that this could be a really important

249
00:13:11,679 --> 00:13:16,360
Speaker 15: moment in what happens going forward with Ukraine, Russia, and

250
00:13:16,400 --> 00:13:17,240
Speaker 15: the United States.

251
00:13:17,520 --> 00:13:20,040
Speaker 3: Now do we know any details about what was discussed

252
00:13:20,040 --> 00:13:21,720
Speaker 3: at Friday's US Russia summit.

253
00:13:22,520 --> 00:13:25,600
Speaker 15: We don't have a lot of information, particularly given how

254
00:13:25,679 --> 00:13:29,720
Speaker 15: much time Donald Trump and Vladimir Putin spent together, including

255
00:13:29,800 --> 00:13:32,040
Speaker 15: that time in the limousine, but you know, the almost

256
00:13:32,320 --> 00:13:36,079
Speaker 15: maybe three hours or so they spent together. The one

257
00:13:36,120 --> 00:13:39,160
Speaker 15: thing that has come out consistently is that the US

258
00:13:39,200 --> 00:13:45,360
Speaker 15: officials have said there were discussions about Washington joining Pan

259
00:13:45,480 --> 00:13:49,439
Speaker 15: nations and providing some kind of security guarantees for Ukraine

260
00:13:49,880 --> 00:13:53,520
Speaker 15: if there's a peace deal. So Ukraine wouldn't necessarily be

261
00:13:54,000 --> 00:13:56,920
Speaker 15: getting that kind of Article five treatment that full NATO

262
00:13:57,000 --> 00:14:00,599
Speaker 15: members get, but a group of countries operating outside of

263
00:14:00,679 --> 00:14:05,360
Speaker 15: NATO would kind of guarantee Ukrainian security going forward if

264
00:14:05,360 --> 00:14:08,079
Speaker 15: there's a deal. That still leads a lot of details,

265
00:14:08,120 --> 00:14:10,839
Speaker 15: but it isn't a big deal as seen as a

266
00:14:10,840 --> 00:14:13,640
Speaker 15: big deal that the US would be agreeing to that

267
00:14:13,760 --> 00:14:14,200
Speaker 15: so far.

268
00:14:14,600 --> 00:14:16,960
Speaker 3: Now, one of the big sticking points bill is over

269
00:14:17,040 --> 00:14:21,120
Speaker 3: a peace deal is territorial issue. So after this past Friday,

270
00:14:21,120 --> 00:14:23,960
Speaker 3: does it look like Ukraine may have to give up

271
00:14:24,040 --> 00:14:26,120
Speaker 3: some large areas of land or do we know any

272
00:14:26,160 --> 00:14:28,480
Speaker 3: details about anything else that was set as far as

273
00:14:28,600 --> 00:14:30,000
Speaker 3: territorial issues.

274
00:14:30,360 --> 00:14:33,280
Speaker 15: Well, the US talk has been that there'll be some

275
00:14:33,320 --> 00:14:36,240
Speaker 15: sort of land swapping, and they do say that the

276
00:14:36,360 --> 00:14:40,800
Speaker 15: Russians offered some concessions, but so far from Ukraine's point

277
00:14:40,840 --> 00:14:46,120
Speaker 15: of view, Russia's concessions are involve land that it has

278
00:14:46,240 --> 00:14:49,320
Speaker 15: taken from Ukraine. So of course there's Crimea that it

279
00:14:49,320 --> 00:14:52,680
Speaker 15: took in twenty fourteen. But Russia has demanded basically the

280
00:14:52,880 --> 00:14:56,240
Speaker 15: entirety of the Dnbas region, and that's a region that

281
00:14:57,160 --> 00:15:00,800
Speaker 15: it's Ukrainian territory, but that's a region Russia troops don't

282
00:15:00,840 --> 00:15:04,520
Speaker 15: even control the entirety of, so they are Moscow is

283
00:15:04,600 --> 00:15:07,920
Speaker 15: still appears to be demanding that they be able to

284
00:15:07,960 --> 00:15:10,680
Speaker 15: control a region that their troops have been fighting for

285
00:15:10,880 --> 00:15:14,280
Speaker 15: since twenty fourteen and haven't been able to take in battle.

286
00:15:14,480 --> 00:15:18,480
Speaker 15: So that's probably a non starter with Ukraine. But there

287
00:15:18,560 --> 00:15:21,000
Speaker 15: is you know, there is some talk about, you know,

288
00:15:21,080 --> 00:15:23,880
Speaker 15: whether Crimea would be part of that final deal. From

289
00:15:23,880 --> 00:15:27,440
Speaker 15: its point of view, Ukrainian officials don't see any land

290
00:15:28,000 --> 00:15:31,720
Speaker 15: surrendering any land at this point, and that's going to

291
00:15:31,800 --> 00:15:34,200
Speaker 15: be kind of at the heart of discussions going forward.

292
00:15:34,280 --> 00:15:36,720
Speaker 3: Yeah, most definitely. And I got to ask. The last

293
00:15:36,720 --> 00:15:39,640
Speaker 3: time President Trump meant with Zelinski, it didn't go so well.

294
00:15:39,680 --> 00:15:41,760
Speaker 3: It turned to like this shouting match. I mean, are

295
00:15:41,760 --> 00:15:44,000
Speaker 3: we expecting a little bit more of a civil meeting

296
00:15:44,040 --> 00:15:44,680
Speaker 3: this time around?

297
00:15:45,600 --> 00:15:48,200
Speaker 15: You know, anything could happen. It's interesting you have so

298
00:15:48,200 --> 00:15:51,160
Speaker 15: many European leaders coming in when you look at the

299
00:15:51,160 --> 00:15:54,320
Speaker 15: White House schedule, though they are not listed as being

300
00:15:54,360 --> 00:15:57,520
Speaker 15: in the Oval Office meeting between Trump and Zelensky, So

301
00:15:57,920 --> 00:16:00,720
Speaker 15: if they're there for backup or support, that's going to

302
00:16:00,800 --> 00:16:03,360
Speaker 15: have to come later. That meeting with Selenski and all

303
00:16:03,400 --> 00:16:07,080
Speaker 15: the EU leaders is scheduled for after the meeting with

304
00:16:07,160 --> 00:16:10,680
Speaker 15: Donald Trump in the Oval Office.

305
00:16:10,960 --> 00:16:14,400
Speaker 2: This is Bloomberg Daybreak, your morning podcast on the stories

306
00:16:14,480 --> 00:16:17,520
Speaker 2: making news from Wall Street to Washington and beyond.

307
00:16:17,760 --> 00:16:20,240
Speaker 3: Look for us on your podcast feed by six am

308
00:16:20,360 --> 00:16:24,360
Speaker 3: Eastern each morning, on Apple, Spotify, or anywhere else you listen.

309
00:16:24,560 --> 00:16:27,440
Speaker 2: You can also listen live each morning starting at five

310
00:16:27,480 --> 00:16:30,200
Speaker 2: am Wall Street Time on Bloomberg eleven three to zero

311
00:16:30,200 --> 00:16:33,080
Speaker 2: in New York, Bloomberg in ninety nine to one in Washington,

312
00:16:33,160 --> 00:16:36,480
Speaker 2: Bloomberg ninety two to nine in Boston, and nationwide on

313
00:16:36,640 --> 00:16:39,000
Speaker 2: serious XM Channel one twenty one.

314
00:16:39,200 --> 00:16:42,040
Speaker 3: Plus listen coast to coast on the Bloomberg Business app

315
00:16:42,120 --> 00:16:45,240
Speaker 3: now with Applecarplay and Android auto interfaces.

316
00:16:45,560 --> 00:16:48,280
Speaker 2: And don't forget to subscribe to Bloomberg and News Now.

317
00:16:48,440 --> 00:16:51,040
Speaker 2: It's the latest news whenever you want it in five

318
00:16:51,080 --> 00:16:54,080
Speaker 2: minutes or less. Search Bloomberg News Now and your favorite

319
00:16:54,080 --> 00:16:57,760
Speaker 2: podcast platform to stay informed all day long. I'm Karen

320
00:16:57,800 --> 00:16:58,600
Speaker 2: Moscow and

321
00:16:58,640 --> 00:17:01,760
Speaker 3: I'm Lisa Matteoin us again tomorrow morning for all the

322
00:17:01,800 --> 00:17:04,119
Speaker 3: news you need to start your day right here on

323
00:17:04,160 --> 00:17:05,240
Speaker 3: Bloomberg Daybreak