1 00:00:05,120 --> 00:00:08,200 Speaker 1: Good morning. This is Bilberck Surveillance. It's eight o'clock on 2 00:00:08,240 --> 00:00:13,239 Speaker 1: Wall Street, is one pm in Brussels. The latest terror 3 00:00:13,320 --> 00:00:16,720 Speaker 1: attacks there and tell the latest we have in terms 4 00:00:16,840 --> 00:00:19,639 Speaker 1: of fatalities from the bombings at the airport and in 5 00:00:19,680 --> 00:00:26,040 Speaker 1: the metro there twenty six an unconfirmed number. Yeah, American Airlines. 6 00:00:26,040 --> 00:00:28,600 Speaker 1: There was some is with all of these events, there's 7 00:00:28,680 --> 00:00:32,480 Speaker 1: misreporting along the way, and we try to clarify that 8 00:00:33,200 --> 00:00:36,360 Speaker 1: one airplane that was out of Brussels to JFK and 9 00:00:36,400 --> 00:00:40,280 Speaker 1: I believe went to Amsterdam was published as Delta forty two. 10 00:00:40,360 --> 00:00:43,879 Speaker 1: It was Delta forty three American Airlines at Brussels incident, 11 00:00:44,360 --> 00:00:47,360 Speaker 1: not at the American Airlines check in desk. That a 12 00:00:47,440 --> 00:00:50,440 Speaker 1: headline from the American Airlines team as well. But a 13 00:00:50,440 --> 00:00:52,720 Speaker 1: lot to talk about. Chris Michael Barro will give us 14 00:00:53,400 --> 00:00:58,400 Speaker 1: perspective through uh the morning. The market response is muted, 15 00:00:59,360 --> 00:01:03,160 Speaker 1: churning to the markets. Futures negative nine, DEL futures negative 16 00:01:03,200 --> 00:01:05,960 Speaker 1: fifty three. He has helped us all morning. Is he 17 00:01:06,040 --> 00:01:09,040 Speaker 1: is worried about his team in Brussels and all of 18 00:01:09,040 --> 00:01:12,039 Speaker 1: our Bloomberg employees in Brussels. Jones Hayden with over thirty 19 00:01:12,120 --> 00:01:16,120 Speaker 1: years in Brussels with Jones and Bloomberg and were thrilled 20 00:01:16,120 --> 00:01:20,440 Speaker 1: at his contributions to Bloomberg Surveillance and television and radio 21 00:01:20,520 --> 00:01:25,560 Speaker 1: This morning. Jonesy, how do you get home tonight? I 22 00:01:25,600 --> 00:01:28,920 Speaker 1: haven't thought about that. I'm not sure I'll make it 23 00:01:28,959 --> 00:01:32,400 Speaker 1: home tonight. What's the latest that you could tell us here? 24 00:01:32,440 --> 00:01:36,080 Speaker 1: I know that government officials have been speaking, the police 25 00:01:36,080 --> 00:01:39,800 Speaker 1: and prosecutor have been speaking. What can you tell us? Well, UM, 26 00:01:39,920 --> 00:01:43,200 Speaker 1: they say at least twenty six people have been killed 27 00:01:43,240 --> 00:01:47,160 Speaker 1: and more than a hundred wounded in these two incidents. 28 00:01:47,280 --> 00:01:51,120 Speaker 1: Is UM two bombs at the airport UM eleven people 29 00:01:51,280 --> 00:01:54,560 Speaker 1: UM were killed there. Uh, and then a further fifteen 30 00:01:54,600 --> 00:01:58,280 Speaker 1: people were killed at the explosion at the Metro UM. 31 00:01:58,360 --> 00:02:00,080 Speaker 1: We're still we still don't have a definite number for 32 00:02:00,280 --> 00:02:02,360 Speaker 1: UM all the injured, but it's more than a hundred 33 00:02:02,400 --> 00:02:06,040 Speaker 1: at this point. There's a report that a train from 34 00:02:06,080 --> 00:02:10,760 Speaker 1: Brussels has been stopped at Hoopdorf in Holland. Do we 35 00:02:11,000 --> 00:02:15,320 Speaker 1: know anything about that? Well, I think that the trains. 36 00:02:15,400 --> 00:02:18,760 Speaker 1: I know that the Talents has suspended service from Paris. 37 00:02:19,160 --> 00:02:23,400 Speaker 1: Eurostar has suspended UM its service into Brussels and the 38 00:02:23,440 --> 00:02:27,320 Speaker 1: German train network as well. I hadn't heard specifically about 39 00:02:27,360 --> 00:02:30,920 Speaker 1: the Dutch trains, but I imagine they're all part of that. 40 00:02:31,080 --> 00:02:34,079 Speaker 1: Is just that they've shut down the three main train 41 00:02:34,200 --> 00:02:37,519 Speaker 1: stations in Brussels. In addition to the metro system, they've 42 00:02:37,560 --> 00:02:40,760 Speaker 1: also shut down the main train stations. UM, so those 43 00:02:40,800 --> 00:02:42,760 Speaker 1: trains have nowhere to go when they get here. We 44 00:02:42,800 --> 00:02:46,679 Speaker 1: have a report from our David Young in Amsterdam that 45 00:02:47,280 --> 00:02:51,919 Speaker 1: Dutch police are searching this train departed from Brussels. It's 46 00:02:51,960 --> 00:02:58,440 Speaker 1: in the Netherlands. Uh. The other reports we are seeing 47 00:02:58,520 --> 00:03:02,200 Speaker 1: is that the Belgian have brought in the military to 48 00:03:02,280 --> 00:03:05,600 Speaker 1: help with security. Well, they've brought in more yeah that 49 00:03:05,680 --> 00:03:08,480 Speaker 1: you know, we already had soldiers on the street um 50 00:03:08,520 --> 00:03:11,560 Speaker 1: since the last year, actually since early last year when 51 00:03:11,600 --> 00:03:15,000 Speaker 1: we had a scare in Um eastern Belgium, shortly after 52 00:03:15,000 --> 00:03:19,520 Speaker 1: the Charlie Hebdo attacks in Um France, UM, and then 53 00:03:19,600 --> 00:03:22,720 Speaker 1: after the November attacks in Paris, UM we had more 54 00:03:23,080 --> 00:03:25,840 Speaker 1: stepped up security, more soldiers on the street. So what 55 00:03:25,880 --> 00:03:29,080 Speaker 1: they've done today is is brought in soldiers and police 56 00:03:29,240 --> 00:03:32,520 Speaker 1: from outside of Brussels to help with the security situation 57 00:03:32,639 --> 00:03:35,680 Speaker 1: in Brussels. Jones, thank you so much. Jones Hayden with 58 00:03:35,760 --> 00:03:39,240 Speaker 1: us numerous times this morning. He is our Brussels bureau chief, 59 00:03:39,280 --> 00:03:41,800 Speaker 1: and of course we'll continue with our coverage out of Brussels, 60 00:03:42,400 --> 00:03:44,960 Speaker 1: UH this morning with many headlines you can see that 61 00:03:44,960 --> 00:03:48,040 Speaker 1: at a top life go on the Bloomberg terminal, of 62 00:03:48,080 --> 00:03:51,480 Speaker 1: course aggregated out on Bloomberg Business. So Michael, what do 63 00:03:51,480 --> 00:03:53,720 Speaker 1: you say? Headline from Bloomberg News From the New York 64 00:03:53,720 --> 00:03:57,320 Speaker 1: Police Department, there is no known indication that the Belgian 65 00:03:57,360 --> 00:04:00,200 Speaker 1: attack has a connection to New York City, but they 66 00:04:00,280 --> 00:04:04,680 Speaker 1: have deployed additional coun and terrorism resources across the city, 67 00:04:04,680 --> 00:04:07,440 Speaker 1: and we know that New York airports have stepped up security. 68 00:04:07,440 --> 00:04:09,960 Speaker 1: And one of the advantages of Andre's Core is he 69 00:04:10,000 --> 00:04:12,720 Speaker 1: has truly a global reach with his expertise out of 70 00:04:12,800 --> 00:04:15,840 Speaker 1: Yale and out of Harvard. He is conversant on the 71 00:04:15,880 --> 00:04:18,800 Speaker 1: South China Sea and the Philippines where I tended a 72 00:04:18,920 --> 00:04:21,599 Speaker 1: United Nations meeting with him, as he is on the 73 00:04:21,680 --> 00:04:24,080 Speaker 1: dynamics of Europe. Dr Core, wonderful to have you with 74 00:04:24,160 --> 00:04:27,599 Speaker 1: us in the studio UH this morning. I guess none 75 00:04:27,640 --> 00:04:31,200 Speaker 1: of us were surprised at these attacks occurred, but they 76 00:04:31,240 --> 00:04:34,839 Speaker 1: just seem to occur. It will at the moment, now 77 00:04:34,960 --> 00:04:39,000 Speaker 1: is the time when will the next attack occur? We 78 00:04:39,120 --> 00:04:43,200 Speaker 1: never know when the next attack will occur or where 79 00:04:43,200 --> 00:04:44,919 Speaker 1: it will occur. And I guess that's part of the 80 00:04:44,960 --> 00:04:49,880 Speaker 1: problem is that we have a we essentially have intelligence 81 00:04:49,920 --> 00:04:53,080 Speaker 1: failure in Europe and the United States, and in the 82 00:04:53,120 --> 00:04:58,600 Speaker 1: way that we approach these problems. We don't have sufficient 83 00:04:59,400 --> 00:05:05,279 Speaker 1: human intel religience to interact with these terrorist cells. We 84 00:05:05,360 --> 00:05:10,480 Speaker 1: don't have sufficient technical collection UM, and we need to 85 00:05:10,520 --> 00:05:13,840 Speaker 1: improve those. Daniel Benjamin I spoke to twenty minutes ago 86 00:05:14,120 --> 00:05:18,719 Speaker 1: so on television, and Ambassador Benjamin, with like you, years 87 00:05:18,760 --> 00:05:22,320 Speaker 1: of experience with these tough questions, said we go after weapons, 88 00:05:22,720 --> 00:05:25,440 Speaker 1: we don't go after people. I thought that was particularly important. 89 00:05:25,520 --> 00:05:30,720 Speaker 1: That's absolutely right. We've got to really get into the networks. 90 00:05:30,760 --> 00:05:34,000 Speaker 1: We have to understand the networks. We partially do that 91 00:05:34,160 --> 00:05:37,080 Speaker 1: through things that are difficult for us to stomach. That 92 00:05:37,240 --> 00:05:41,320 Speaker 1: may require giving up some privacy that we hold dear 93 00:05:41,360 --> 00:05:47,080 Speaker 1: as Americans, and that and that Europeans hold deer UM. Well, 94 00:05:47,680 --> 00:05:51,599 Speaker 1: we in the United States have been very used to 95 00:05:52,440 --> 00:05:57,840 Speaker 1: UM inconvenience, shall we say, when we're traveling security at airports. 96 00:05:58,080 --> 00:06:02,480 Speaker 1: UM trains actually kind of lacks, but in in airports 97 00:06:03,080 --> 00:06:07,320 Speaker 1: it's difficult obviously to get through security. What's the difference 98 00:06:07,360 --> 00:06:10,720 Speaker 1: with Europe. Well, the security measures that you see at 99 00:06:10,720 --> 00:06:13,520 Speaker 1: T s A and other places really don't protect you 100 00:06:13,600 --> 00:06:17,120 Speaker 1: against these kinds of attacks. Um, you know that that 101 00:06:17,480 --> 00:06:22,719 Speaker 1: we are soft and open democracies. Terrorists will find a 102 00:06:22,760 --> 00:06:26,240 Speaker 1: way to hurt us if they if they have access 103 00:06:26,240 --> 00:06:29,560 Speaker 1: to the tools and want to take action. The key 104 00:06:29,640 --> 00:06:32,800 Speaker 1: is to find who the terrorists are before they strike. 105 00:06:33,200 --> 00:06:36,960 Speaker 1: It's not to try to harden our societies. Well, we 106 00:06:36,960 --> 00:06:41,800 Speaker 1: we should mention that the bombings in the Brussels airport, 107 00:06:41,960 --> 00:06:44,640 Speaker 1: as far as we know, and probably in the Metro system, 108 00:06:45,120 --> 00:06:47,880 Speaker 1: UH were in the departure area. They hadn't they did 109 00:06:48,040 --> 00:06:51,360 Speaker 1: not cross security there, So yes, it could happen even 110 00:06:51,360 --> 00:06:54,400 Speaker 1: in the United States something like that. How hard is 111 00:06:54,440 --> 00:06:58,080 Speaker 1: it to find the people? Is it a simple matter 112 00:06:58,160 --> 00:07:01,800 Speaker 1: of closing the borders to people of a certain religion? 113 00:07:02,600 --> 00:07:05,520 Speaker 1: That will be a reaction. Unfortunately, one of the reactions 114 00:07:05,600 --> 00:07:08,080 Speaker 1: this attack will be to cut you know, to try 115 00:07:08,120 --> 00:07:12,720 Speaker 1: to strengthen the borders against against refugees, which is you know, 116 00:07:12,920 --> 00:07:16,679 Speaker 1: really the terrorists are, um, you know, a very small 117 00:07:16,720 --> 00:07:19,600 Speaker 1: percentage if anything coming in with the refugees, although there 118 00:07:19,640 --> 00:07:22,000 Speaker 1: are reports that there some are coming in with the refugees, 119 00:07:22,000 --> 00:07:24,800 Speaker 1: and we've seen a report that a foreigner was involved 120 00:07:24,920 --> 00:07:28,520 Speaker 1: or foreign bodies were found at the scenes of these crimes. 121 00:07:28,520 --> 00:07:33,200 Speaker 1: But attacking or or getting refugees is really the wrong approach. 122 00:07:33,280 --> 00:07:37,560 Speaker 1: The right approaches to UH is to infiltrate their networks 123 00:07:37,880 --> 00:07:41,240 Speaker 1: with technical and human means. UH find out who they 124 00:07:41,280 --> 00:07:44,840 Speaker 1: are before they attack, and and arrest them, you know, 125 00:07:45,080 --> 00:07:48,000 Speaker 1: right at right before they take they take catchtion. Do 126 00:07:48,120 --> 00:07:51,520 Speaker 1: we have any reason to believe that it's more difficult 127 00:07:51,600 --> 00:07:55,600 Speaker 1: with the ISIS kind of terrorists to do that? UM? 128 00:07:55,640 --> 00:07:58,400 Speaker 1: I think there are going to be difficulties with every group. 129 00:07:58,440 --> 00:08:01,760 Speaker 1: Isis is UM you know, is coming out of UM 130 00:08:02,160 --> 00:08:07,960 Speaker 1: Syrian Iraq and you know it they are infiltrating UM 131 00:08:08,120 --> 00:08:11,240 Speaker 1: people in with the refugees into Europe. It's not going 132 00:08:11,280 --> 00:08:13,760 Speaker 1: to be easy, but you know, we have to try. 133 00:08:13,840 --> 00:08:17,240 Speaker 1: And that's also where the technical means UH such as 134 00:08:17,320 --> 00:08:21,000 Speaker 1: the National Security Agency the n s A, can help 135 00:08:21,080 --> 00:08:25,280 Speaker 1: us out. But you know, we're so strongly UM worried 136 00:08:25,320 --> 00:08:27,960 Speaker 1: about our privacy that we've over the years we have 137 00:08:28,640 --> 00:08:32,760 Speaker 1: weakened these agencies that are supposed to protect us from terrorism, 138 00:08:32,800 --> 00:08:36,160 Speaker 1: and there's Um, I've read more about suicide terrorism in 139 00:08:36,200 --> 00:08:39,480 Speaker 1: the last three hours than I have I think since 140 00:08:40,040 --> 00:08:44,960 Speaker 1: The Magnificent. At Dawn we slept one volume biography unbearl Harbor, 141 00:08:45,040 --> 00:08:48,720 Speaker 1: which changed our thinking on the Pacific War and how 142 00:08:49,200 --> 00:08:53,120 Speaker 1: we treated World War Two. Help me with what guys 143 00:08:53,200 --> 00:08:59,160 Speaker 1: like you know about suicide terrorism and the policy prescription 144 00:08:59,280 --> 00:09:03,760 Speaker 1: to lessen it. Well, Suicide terrorists believe in what they're doing. 145 00:09:03,840 --> 00:09:07,960 Speaker 1: They have a strong belief system. They're coming potentially from 146 00:09:08,040 --> 00:09:11,200 Speaker 1: any number of strata. A lot of them are are 147 00:09:11,240 --> 00:09:15,600 Speaker 1: are people from Europe or who go to Syria and 148 00:09:16,240 --> 00:09:20,040 Speaker 1: um Iraq, they get trained there. Um, they're they're willing 149 00:09:20,080 --> 00:09:24,120 Speaker 1: to die for their cause. And UM. You know, there's 150 00:09:24,160 --> 00:09:29,240 Speaker 1: always that percentage of sort of unfortunately extremists or even 151 00:09:29,800 --> 00:09:32,320 Speaker 1: mentally ill people. So one study though that there are 152 00:09:32,360 --> 00:09:36,120 Speaker 1: four percent of attacks in deaths or whatever. I mean, 153 00:09:36,160 --> 00:09:38,920 Speaker 1: I don't know. I don't want to be an expert here, 154 00:09:38,960 --> 00:09:42,640 Speaker 1: but what is our prescription given the challenges? I mean, 155 00:09:42,679 --> 00:09:47,439 Speaker 1: I'm not critical, but what is the international relations prescription, 156 00:09:47,480 --> 00:09:52,439 Speaker 1: whether it's unders Core or Daniel Benjamin? There isn't one, 157 00:09:52,520 --> 00:09:55,360 Speaker 1: is there? I think we have to. I mean, it's right. 158 00:09:55,559 --> 00:09:58,040 Speaker 1: There's not a perfect answer to this, and I think 159 00:09:58,080 --> 00:10:02,400 Speaker 1: it's we have to rethink how we approached the Middle East. 160 00:10:02,440 --> 00:10:05,240 Speaker 1: I think we've been trying to bomb the problem and 161 00:10:05,280 --> 00:10:12,640 Speaker 1: it's just not working. It's causing refugees. Russia is causing refugees. Actually, uh. 162 00:10:13,120 --> 00:10:17,400 Speaker 1: Native breed Love Commander Commander Breed Love said that Russia's 163 00:10:17,480 --> 00:10:22,800 Speaker 1: on purpose weaponizing refugees to attack Europe. And I think 164 00:10:22,880 --> 00:10:25,319 Speaker 1: that's it. I think that's probably right, and I think 165 00:10:25,360 --> 00:10:27,560 Speaker 1: it's a real problem. And I think we need to 166 00:10:27,600 --> 00:10:29,760 Speaker 1: start looking not just at the terrorists, but I think 167 00:10:29,760 --> 00:10:32,040 Speaker 1: we need to start looking at the big guys in 168 00:10:32,080 --> 00:10:35,520 Speaker 1: the room. Let's continue with Andrew's core and this day 169 00:10:35,559 --> 00:10:40,839 Speaker 1: with attacks and death in Brussels again much more. Michael 170 00:10:40,960 --> 00:10:44,040 Speaker 1: bar with the news up to here in a moment futures, 171 00:10:44,400 --> 00:10:52,480 Speaker 1: this quiet morning, negative nine, Let's get the latest on 172 00:10:52,679 --> 00:10:55,560 Speaker 1: the Brussels attack. Here's Michael Barre with the headlines. Mike Tom, 173 00:10:55,600 --> 00:10:58,600 Speaker 1: thank you very much. Belgium's Prime minister says what we 174 00:10:58,840 --> 00:11:02,360 Speaker 1: feared has happened. At least twenty six people are dead 175 00:11:02,400 --> 00:11:05,559 Speaker 1: and scores are injured after two bomb blasts at Brussels 176 00:11:05,559 --> 00:11:09,480 Speaker 1: airport and a blast at a downtown subway station. Belgium 177 00:11:09,480 --> 00:11:13,040 Speaker 1: has raised its terror alert to its highest level. Airports 178 00:11:13,040 --> 00:11:16,720 Speaker 1: across Europe have tightened security. Francis Prime Minister says we 179 00:11:16,960 --> 00:11:19,840 Speaker 1: are at war. In New York City police have also 180 00:11:19,880 --> 00:11:23,600 Speaker 1: increased security because of the Brussels attack. Today, Arizona and 181 00:11:23,720 --> 00:11:28,559 Speaker 1: Utah feature contest for Republicans and Democrats, while Idaho Democrats 182 00:11:28,760 --> 00:11:32,520 Speaker 1: also hold presidential caucuses. President Obama will meet with dissidents 183 00:11:32,559 --> 00:11:35,480 Speaker 1: in Cuba. Today. Global News twenty four hours a day, 184 00:11:35,480 --> 00:11:38,600 Speaker 1: powered by our twenty four hundred journalists more than one 185 00:11:38,640 --> 00:11:41,760 Speaker 1: hundred fifty news bureaus from around the world. I'm Michael Barr. 186 00:11:41,920 --> 00:11:44,280 Speaker 1: Mike tom Now, Michael bar Thank you so much. Let 187 00:11:44,280 --> 00:11:46,640 Speaker 1: me do a dated check. It is a churn. Yields 188 00:11:46,640 --> 00:11:49,480 Speaker 1: are in but ever so slightly, one point eight nine 189 00:11:49,960 --> 00:11:53,280 Speaker 1: for four in the ten year oil churning for twelve 190 00:11:53,320 --> 00:11:57,240 Speaker 1: on American oil, the euro dollar one twelve, with more 191 00:11:57,400 --> 00:12:01,120 Speaker 1: on America's international relations, with more on fuls. This is 192 00:12:01,160 --> 00:12:07,839 Speaker 1: Bloomberg's surveillance. Those news update brought to you by n 193 00:12:07,920 --> 00:12:10,160 Speaker 1: y c B asked about their by community interest checking 194 00:12:10,160 --> 00:12:13,480 Speaker 1: with free NYCB online and mobile banking, earn more, get more. 195 00:12:13,800 --> 00:12:16,000 Speaker 1: Visit NYCB family dot com for details