WEBVTT - US Syria Strikes, Iran War Warning & EY Partner Pay Cut

0:00:02.920 --> 0:00:05.760
<v Speaker 1>Good morning. It's Friday, the twenty seventh of October in London.

0:00:05.800 --> 0:00:08.920
<v Speaker 1>This is the Bloomberg Daybreak Euroate podcast. I'm Stephen Carroll.

0:00:09.000 --> 0:00:13.000
<v Speaker 1>Coming up today, American forces strike Iran linked targets in

0:00:13.039 --> 0:00:16.440
<v Speaker 1>Syria as Tehran warns the US won't be spared if

0:00:16.440 --> 0:00:20.920
<v Speaker 1>the Israel Hamas war spreads. The ECB's decision to hold

0:00:21.000 --> 0:00:24.440
<v Speaker 1>rate steady delivers relief to a highly indebted Italy, but

0:00:24.520 --> 0:00:27.960
<v Speaker 1>for how long? And a forty K cut at one

0:00:28.000 --> 0:00:31.840
<v Speaker 1>of the Big Four EY slashes UK partner payouts as

0:00:31.920 --> 0:00:35.519
<v Speaker 1>economic uncertainty grows. Let's start with a roundup of our

0:00:35.560 --> 0:00:38.760
<v Speaker 1>top stories. The United States says it hit two facilities

0:00:38.760 --> 0:00:42.280
<v Speaker 1>in eastern Syria it believes were used by Iran's Islamic

0:00:42.360 --> 0:00:46.440
<v Speaker 1>Revolutionary Guard following repeated attacks on US forces in the region.

0:00:46.760 --> 0:00:50.240
<v Speaker 1>The strikes come as Iran's foreign minister warned the US

0:00:50.320 --> 0:00:54.920
<v Speaker 1>won't be spared if the war between Israel and Hamas spreads. Meanwhile,

0:00:54.920 --> 0:00:57.840
<v Speaker 1>the United Nations Security Council failed to reach an agreement

0:00:57.840 --> 0:01:01.240
<v Speaker 1>on calling for a humanitarian ceasefire in Gaza. Francis U

0:01:01.280 --> 0:01:04.360
<v Speaker 1>and Ambassador Nicolade rivieer Is dismayed the.

0:01:04.360 --> 0:01:07.920
<v Speaker 2>Security Council is stock is very disappointing. We should get

0:01:07.920 --> 0:01:13.039
<v Speaker 2>back to negotiation, do a compromise, prioritize humanitarian access, this

0:01:13.240 --> 0:01:17.640
<v Speaker 2>humanity and pause while recognizing the right of Israel to

0:01:17.720 --> 0:01:18.560
<v Speaker 2>defund itself.

0:01:19.560 --> 0:01:23.480
<v Speaker 1>Nicolad Riviev spoke as the Israeli army reportedly made further

0:01:23.680 --> 0:01:28.240
<v Speaker 1>overnight ground raids into northern Gaza following wednesday nights limited

0:01:28.280 --> 0:01:32.800
<v Speaker 1>incursion with infantry and tanks reports from Gaza's health ministry.

0:01:33.400 --> 0:01:36.880
<v Speaker 1>Gaza's Hamas run Health Ministry says seven thousand people have

0:01:37.000 --> 0:01:41.919
<v Speaker 1>now been killed in air strikes on the territory. Katar's

0:01:42.040 --> 0:01:45.200
<v Speaker 1>senior hostage negotiator has warned that an escalation in the

0:01:45.200 --> 0:01:49.200
<v Speaker 1>conflict will hamper efforts to secure the safe release of captives.

0:01:49.520 --> 0:01:53.760
<v Speaker 1>The country's Minister of State, Mohammad al Kulafi, says all

0:01:53.800 --> 0:01:57.480
<v Speaker 1>civilian hostages in Gaza can be released in the coming days,

0:01:57.480 --> 0:01:59.720
<v Speaker 1>but a pause in the fighting is needed.

0:02:00.080 --> 0:02:02.880
<v Speaker 3>If there's a continuing bombing, our task is getting more difficult.

0:02:03.120 --> 0:02:06.480
<v Speaker 3>The mediators need a period of calm, a situation where

0:02:06.480 --> 0:02:09.200
<v Speaker 3>we can speak easily to both parts and try to

0:02:09.240 --> 0:02:12.320
<v Speaker 3>be more creative in bringing more initiatives that can get

0:02:12.440 --> 0:02:13.359
<v Speaker 3>those civilians out.

0:02:14.160 --> 0:02:17.720
<v Speaker 1>Those comments from Katar's senior hostage negotiator come as Israel's

0:02:17.720 --> 0:02:21.040
<v Speaker 1>military said it had killed Hamas's deputy head of intelligence

0:02:21.040 --> 0:02:24.400
<v Speaker 1>in an airstrike on Gaza. In a statement, the Israel

0:02:24.400 --> 0:02:27.200
<v Speaker 1>Defense Forces said that Shaddi Barud was one of the

0:02:27.280 --> 0:02:31.320
<v Speaker 1>key figures behind the October seventh attacks that killed fourteen

0:02:31.480 --> 0:02:34.959
<v Speaker 1>hundred people. To other News Now and the European Central

0:02:34.960 --> 0:02:37.399
<v Speaker 1>Bank has left interest rates unchanged for the first time

0:02:37.440 --> 0:02:40.160
<v Speaker 1>in more than a year, following last month's knife edge

0:02:40.200 --> 0:02:42.440
<v Speaker 1>decision to lift the rate to a record four percent.

0:02:42.560 --> 0:02:46.280
<v Speaker 1>Policymakers kept it there on Thursday, and ECB president Christine

0:02:46.320 --> 0:02:49.520
<v Speaker 1>Leagald says markets shouldn't expect them to come down from

0:02:49.560 --> 0:02:50.640
<v Speaker 1>there anytime soon.

0:02:51.320 --> 0:02:55.280
<v Speaker 4>We are determined to ensure that inflation returns to our

0:02:55.320 --> 0:02:58.959
<v Speaker 4>two percent medium term target in a timely manner. Based

0:02:59.000 --> 0:03:02.560
<v Speaker 4>on our current we consider that the key ECB interest

0:03:02.639 --> 0:03:06.400
<v Speaker 4>rates are at levels that maintain for a sufficiently long

0:03:06.560 --> 0:03:10.320
<v Speaker 4>duration will make a substantial contribution to this goal.

0:03:11.560 --> 0:03:14.880
<v Speaker 1>Christine Laguard also insisted the Central Bank didn't even discuss

0:03:14.919 --> 0:03:18.600
<v Speaker 1>a faster windown of its pandemic bond buying program. The

0:03:18.680 --> 0:03:21.560
<v Speaker 1>comments offer a welcome relief to Italy at a time

0:03:21.600 --> 0:03:23.800
<v Speaker 1>when investors are wondering if the country could soon be

0:03:23.840 --> 0:03:27.480
<v Speaker 1>cut to junk as borrowing costs on its massive national

0:03:27.560 --> 0:03:32.960
<v Speaker 1>debt soar. Janet Yellen says the surge in treasury yields

0:03:33.040 --> 0:03:36.240
<v Speaker 1>is tied to the strength of the economy rather than

0:03:36.320 --> 0:03:40.280
<v Speaker 1>the widening fiscal deficit. The US Treasury secretary Toel Bloomberg,

0:03:40.360 --> 0:03:43.960
<v Speaker 1>bond prices touching levels not seen since the financial crisis

0:03:44.040 --> 0:03:46.360
<v Speaker 1>is a reflection of consumer resilience.

0:03:46.960 --> 0:03:52.120
<v Speaker 5>We're seeing yields go up in most advanced countries. Part

0:03:52.120 --> 0:03:56.400
<v Speaker 5>of the increase in yields, I think is simply a

0:03:56.480 --> 0:04:00.040
<v Speaker 5>reflection of the strength of the economy, the notion and

0:04:00.080 --> 0:04:02.480
<v Speaker 5>that interest rates will be higher for longer.

0:04:03.680 --> 0:04:07.000
<v Speaker 1>Yellen's view clashes with some bond market participants, who pointed

0:04:07.040 --> 0:04:10.640
<v Speaker 1>the sharp increase in the American government's deficit as a

0:04:10.760 --> 0:04:14.720
<v Speaker 1>cause of the jump in yields the after third course.

0:04:15.240 --> 0:04:17.679
<v Speaker 1>After third quarter US growth came in at four point

0:04:17.760 --> 0:04:21.480
<v Speaker 1>nine percent, the top US financial official said she wouldn't

0:04:21.520 --> 0:04:24.320
<v Speaker 1>be surprised if the US posts at growth rate of

0:04:24.360 --> 0:04:29.800
<v Speaker 1>two and a half percent for twenty twenty three. Amazon

0:04:29.880 --> 0:04:33.800
<v Speaker 1>dot Com reported quarterly revenue the topped analyst estimates. The

0:04:33.800 --> 0:04:35.480
<v Speaker 1>story now from Bloomberg's Charlie Palace.

0:04:35.920 --> 0:04:39.280
<v Speaker 6>Amazon got a lift from rising sales in its retail

0:04:39.360 --> 0:04:43.240
<v Speaker 6>and cloud computing units. Revenue gained thirteen percent to one

0:04:43.360 --> 0:04:46.279
<v Speaker 6>hundred forty three point one billion dollars during the three

0:04:46.320 --> 0:04:50.719
<v Speaker 6>months ending September thirtieth. Analysts, on average estimated one hundred

0:04:50.800 --> 0:04:54.400
<v Speaker 6>forty one point six billion. According to data compiled by Bloomberg,

0:04:54.720 --> 0:04:57.960
<v Speaker 6>Amazon shares have increased more than forty percent this year

0:04:58.240 --> 0:05:03.000
<v Speaker 6>thanks to fading recession fore and CEO Andy Jesse's determination

0:05:03.360 --> 0:05:07.359
<v Speaker 6>to rain in pandemic era spending and boost profits. In

0:05:07.440 --> 0:05:09.640
<v Speaker 6>New York Charlie Pellett Bloomberg.

0:05:09.320 --> 0:05:13.640
<v Speaker 1>Radio, shares in Intel have jumped out of the chip

0:05:13.640 --> 0:05:17.279
<v Speaker 1>maker predicted a return to sales growth this quarter. Intel's

0:05:17.279 --> 0:05:19.440
<v Speaker 1>forecasting sales for the period will be a head of

0:05:19.440 --> 0:05:23.320
<v Speaker 1>analyst estimates between fourteen point six and fifteen point six

0:05:23.360 --> 0:05:26.520
<v Speaker 1>billion dollars. The company says the PC market is through

0:05:26.560 --> 0:05:29.679
<v Speaker 1>the worst of a historic slump. The firm also reported

0:05:29.720 --> 0:05:34.000
<v Speaker 1>that it's now winning new customers for its outsourced manufacturing division,

0:05:35.520 --> 0:05:39.200
<v Speaker 1>and Ernst and Young partners in the UK saw their

0:05:39.400 --> 0:05:43.719
<v Speaker 1>share of profits drop for the first time in three years.

0:05:43.760 --> 0:05:47.000
<v Speaker 1>The forty thousand pound cut is the latest in a

0:05:47.000 --> 0:05:51.680
<v Speaker 1>wave of economic uncertainty hitting the big four audit firms.

0:05:52.040 --> 0:05:55.080
<v Speaker 1>Ewan Potts has more with few ideals to advise on

0:05:55.200 --> 0:05:59.240
<v Speaker 1>and clients cutting costs. Accountants of feeling the pinch Ey's

0:05:59.360 --> 0:06:01.800
<v Speaker 1>UK division and recently cut five percent of jobs in

0:06:01.839 --> 0:06:04.480
<v Speaker 1>financial services and now they're shrinking their two hundred and

0:06:04.480 --> 0:06:08.000
<v Speaker 1>twenty million pounds bonus pool by thirty percent. The big

0:06:08.040 --> 0:06:11.160
<v Speaker 1>four accounting firms are also facing increased scrutiny over the

0:06:11.240 --> 0:06:14.880
<v Speaker 1>quality of their audits after a series of high profile collapses,

0:06:14.920 --> 0:06:17.719
<v Speaker 1>including Karellion and batisri Valery in London.

0:06:17.720 --> 0:06:19.120
<v Speaker 6>I'm your in pots Bloomberg Radio.

0:06:19.320 --> 0:06:22.880
<v Speaker 1>Those are your top stories on the markets. The MSCI

0:06:22.920 --> 0:06:27.320
<v Speaker 1>Asia Pacific Index is one point one percent now, excuse me,

0:06:27.360 --> 0:06:30.000
<v Speaker 1>it's one percent higher now. Eurostocks fifty futures are at

0:06:30.080 --> 0:06:33.080
<v Speaker 1>by three tenths of one percent, and the tenure treasure

0:06:33.120 --> 0:06:35.039
<v Speaker 1>yield as a basis point higher this morning at four

0:06:35.160 --> 0:06:38.800
<v Speaker 1>point eighty six percent. Let's get more detail on the

0:06:38.839 --> 0:06:41.919
<v Speaker 1>rising regional tensions in the Middle East over the Israel

0:06:42.240 --> 0:06:46.560
<v Speaker 1>Hamas War, Iran's foreign minister warning the US won't escape

0:06:46.640 --> 0:06:50.160
<v Speaker 1>unaffected if the conflict spreads. This after the White House

0:06:50.160 --> 0:06:52.839
<v Speaker 1>said they sent a direct message to Tehran warning against

0:06:52.880 --> 0:06:55.920
<v Speaker 1>targeting US military personnel and the region, and we've been

0:06:55.960 --> 0:07:01.200
<v Speaker 1>learning about more strikes on Syria targets in Syria linked

0:07:01.240 --> 0:07:03.520
<v Speaker 1>to around this morning to our AMA and News director

0:07:03.520 --> 0:07:05.320
<v Speaker 1>in Roslin Mathison is with us in studio for more.

0:07:05.320 --> 0:07:08.719
<v Speaker 1>Good morning to you, raz Let's start with this apparent

0:07:08.800 --> 0:07:11.320
<v Speaker 1>rationing up of tensions between the US and Iran and

0:07:11.400 --> 0:07:15.680
<v Speaker 1>learning of more strikes on Syria targets too. What can

0:07:15.720 --> 0:07:17.360
<v Speaker 1>you tell us, Well.

0:07:17.200 --> 0:07:19.160
<v Speaker 7>That's right. What we know is the US says that

0:07:19.360 --> 0:07:22.440
<v Speaker 7>struck several sites inside Syria, that it said we're being

0:07:22.560 --> 0:07:26.840
<v Speaker 7>used by Iran's Islamic Revolutionary Guard. That says we've seen

0:07:26.880 --> 0:07:30.720
<v Speaker 7>an escalation in attacks on US troops in the region.

0:07:30.880 --> 0:07:33.440
<v Speaker 7>I mean, it's not unusual for there to be things

0:07:33.480 --> 0:07:36.080
<v Speaker 7>like drone strikes and so on on US bases in

0:07:36.120 --> 0:07:39.120
<v Speaker 7>the area, but there has been a pick up in

0:07:39.160 --> 0:07:43.280
<v Speaker 7>that in recent weeks, obviously since the Hamas attack on Israel.

0:07:43.360 --> 0:07:45.800
<v Speaker 7>You do have a lot of US military assets in

0:07:45.840 --> 0:07:48.720
<v Speaker 7>the region and that's only increasing. And we know, of

0:07:48.720 --> 0:07:52.360
<v Speaker 7>course that US warships shot down several missiles fired a

0:07:52.360 --> 0:07:55.240
<v Speaker 7>week or so ago by Huthy rebels out of Yemen,

0:07:55.680 --> 0:07:59.240
<v Speaker 7>seemingly aimed somewhere north. And we know there's been an escalation,

0:07:59.400 --> 0:08:02.360
<v Speaker 7>as I said, those drowne and other rocket attacks on

0:08:02.920 --> 0:08:06.880
<v Speaker 7>US troops based in places like Iraq, and so we're

0:08:06.880 --> 0:08:09.560
<v Speaker 7>seeing the little by little the sense the US is

0:08:09.600 --> 0:08:13.920
<v Speaker 7>being drawn into this somehow. Obviously there's no sense that

0:08:14.080 --> 0:08:17.440
<v Speaker 7>US wants to get militarily involved in what's happening exactly

0:08:17.480 --> 0:08:21.800
<v Speaker 7>inside Israel and Gaza. But there's lots of outfits operating

0:08:21.840 --> 0:08:24.840
<v Speaker 7>in this region, lots of proxy groups operating in this

0:08:24.880 --> 0:08:27.960
<v Speaker 7>region on behalf of Iran and other nations, and they're

0:08:27.960 --> 0:08:31.280
<v Speaker 7>obviously using this moment to test the boundaries here. And

0:08:31.360 --> 0:08:34.240
<v Speaker 7>so the risk is that you just get a further

0:08:34.240 --> 0:08:37.559
<v Speaker 7>pick up in these attacks on US soldiers and at

0:08:37.559 --> 0:08:39.520
<v Speaker 7>some point you get a more significant one than we've

0:08:39.559 --> 0:08:40.200
<v Speaker 7>seen so far.

0:08:40.760 --> 0:08:44.640
<v Speaker 1>And the rahtoric that we're hearing then from political leaders

0:08:44.640 --> 0:08:46.880
<v Speaker 1>on this as well has also been stepped up. This

0:08:47.160 --> 0:08:51.920
<v Speaker 1>warning from Iran's Phari Meers or the US won't escape unaffected.

0:08:52.280 --> 0:08:53.520
<v Speaker 1>How significant is that?

0:08:54.200 --> 0:08:56.920
<v Speaker 7>Well, it's interesting, of course that they're saying this in

0:08:57.000 --> 0:09:01.240
<v Speaker 7>the US warning around quite publicly. But the interesting also,

0:09:01.440 --> 0:09:03.960
<v Speaker 7>it's just very clear that Iran and the US are

0:09:04.040 --> 0:09:08.559
<v Speaker 7>kind of talking in back channel ways but also publicly

0:09:08.640 --> 0:09:11.160
<v Speaker 7>to each other, and that's a bit unusual. The US

0:09:11.240 --> 0:09:15.520
<v Speaker 7>normally keeps these communications very much to themselves and don't

0:09:15.520 --> 0:09:17.720
<v Speaker 7>advertise them. And what they're saying is, yeah, we're in

0:09:17.760 --> 0:09:20.280
<v Speaker 7>touch as much as we can with Iran and through

0:09:20.320 --> 0:09:24.000
<v Speaker 7>other channels potentially into Iran. And the messaging is the same,

0:09:24.480 --> 0:09:27.920
<v Speaker 7>don't pull us into this thing, and don't get involved yourselves,

0:09:27.960 --> 0:09:30.400
<v Speaker 7>because of course Iran again has its fingers in many,

0:09:30.400 --> 0:09:34.880
<v Speaker 7>many proxies in the region, and they could come at

0:09:35.000 --> 0:09:38.000
<v Speaker 7>the US in multiple ways, not just Hermas but of

0:09:38.000 --> 0:09:41.080
<v Speaker 7>course Hesbola of course are the who theis in Yemen

0:09:41.320 --> 0:09:44.040
<v Speaker 7>and more, and so very much a level of concern

0:09:44.120 --> 0:09:47.080
<v Speaker 7>about the risk of a broadening conflict. And so while

0:09:47.080 --> 0:09:50.040
<v Speaker 7>you're getting those public statements of rhetoric and obviously sort

0:09:50.080 --> 0:09:53.400
<v Speaker 7>of fell in fiery ratoric in return from Iran. Was

0:09:53.400 --> 0:09:56.120
<v Speaker 7>interesting to me is it's quite clear that they're talking

0:09:56.160 --> 0:09:57.400
<v Speaker 7>to each other about this at.

0:09:57.360 --> 0:10:02.280
<v Speaker 1>Least, yes, and we without for further developments as well. Meanwhile,

0:10:02.720 --> 0:10:05.080
<v Speaker 1>Bloomberg has learned that Israel is looking for the help

0:10:05.080 --> 0:10:08.000
<v Speaker 1>of spyware companies when it comes to tracking the hostages

0:10:08.040 --> 0:10:09.199
<v Speaker 1>that are still in Gaza.

0:10:09.320 --> 0:10:11.920
<v Speaker 7>Well, that's right. It's quite interesting to learn that some

0:10:12.000 --> 0:10:16.240
<v Speaker 7>of these spyware companies, including NSO which makes Pegasus spyware,

0:10:16.280 --> 0:10:18.480
<v Speaker 7>which I'm sure many of us have heard of, they're

0:10:18.600 --> 0:10:21.920
<v Speaker 7>enlisting these companies and their services to try and track

0:10:21.960 --> 0:10:25.000
<v Speaker 7>the hostages that are in Gaza. And many of these

0:10:25.000 --> 0:10:28.600
<v Speaker 7>companies are saying, yes, we'll give you our services for free,

0:10:29.800 --> 0:10:33.160
<v Speaker 7>and maybe they can be involved in other aspects of

0:10:33.200 --> 0:10:37.280
<v Speaker 7>this conflict between Israel and Hamas. Of course, that's not

0:10:37.600 --> 0:10:42.360
<v Speaker 7>necessarily without controversy though, because, as I said, the Pegasus software,

0:10:42.720 --> 0:10:46.360
<v Speaker 7>that company is blacklisted by the US and other countries,

0:10:46.480 --> 0:10:49.400
<v Speaker 7>as are other operators in that fielding you, a few

0:10:49.480 --> 0:10:52.360
<v Speaker 7>years ago, there were revelations that this software had been

0:10:52.440 --> 0:10:57.600
<v Speaker 7>sold to some fairly authoritarian regimes around the world, multiple countries,

0:10:57.640 --> 0:11:01.360
<v Speaker 7>that we're using it potentially to spy on dissidents, on

0:11:01.480 --> 0:11:03.920
<v Speaker 7>journalists and so on, and so this company is not

0:11:04.480 --> 0:11:07.800
<v Speaker 7>exactly without controversy, as I said, But right now it's

0:11:07.800 --> 0:11:10.959
<v Speaker 7>spyware's proving quite useful, shall we say, in efforts to

0:11:11.000 --> 0:11:12.680
<v Speaker 7>trying to locate these sausages at.

0:11:12.600 --> 0:11:15.200
<v Speaker 1>The same time, just back to the diplomacy for a moment,

0:11:15.760 --> 0:11:19.000
<v Speaker 1>no agreement to the UN Security Council on a humanitarian

0:11:19.040 --> 0:11:23.560
<v Speaker 1>cease far EU leaders agreeing to call for humanitarian corridors

0:11:23.600 --> 0:11:26.119
<v Speaker 1>and pauses, and that was a very hard one compromise

0:11:26.160 --> 0:11:26.600
<v Speaker 1>as well.

0:11:26.920 --> 0:11:29.199
<v Speaker 7>Well, that's right. It's interesting seeing this sort of word

0:11:29.280 --> 0:11:32.000
<v Speaker 7>salad in essence that's going on. Is anyone willing to

0:11:32.000 --> 0:11:34.200
<v Speaker 7>call it a cease fire? It doesn't seem so, because

0:11:34.520 --> 0:11:38.079
<v Speaker 7>that might have bigger connotations. But essentially what they're doing

0:11:38.200 --> 0:11:40.520
<v Speaker 7>is sort of trying to get a cease far a

0:11:40.559 --> 0:11:42.679
<v Speaker 7>pause in fighting that if you were to call it that,

0:11:43.080 --> 0:11:46.920
<v Speaker 7>including the aerial bombardment that's been going on by both sides,

0:11:47.400 --> 0:11:51.080
<v Speaker 7>Israel into Gaza and Hamas is still sort of firing

0:11:51.160 --> 0:11:54.320
<v Speaker 7>rockets at Israel. The idea, as you say, is to

0:11:54.360 --> 0:11:56.520
<v Speaker 7>get enough of a break to allow more of the

0:11:56.640 --> 0:11:59.840
<v Speaker 7>humanitarian aid to go in. So there's no suggestion that

0:12:00.040 --> 0:12:04.680
<v Speaker 7>any kind of pause slash ceaspire would be a long one,

0:12:05.000 --> 0:12:07.040
<v Speaker 7>or how long it might go for, or that it

0:12:07.080 --> 0:12:11.120
<v Speaker 7>would stop a potential ground invasion of Israel. It's certainly

0:12:11.559 --> 0:12:13.520
<v Speaker 7>none of that it's just simply to allow some of

0:12:13.520 --> 0:12:15.040
<v Speaker 7>their aid potentially to get through.

0:12:15.880 --> 0:12:18.560
<v Speaker 1>This is Bloomberg Daybreak Europe, your morning brief on the

0:12:18.600 --> 0:12:21.679
<v Speaker 1>stories making news from London to Wall Street and beyond.

0:12:21.760 --> 0:12:24.600
<v Speaker 1>Look for us on your podcast feed every morning, on Apple,

0:12:24.720 --> 0:12:27.560
<v Speaker 1>Spotify and anywhere you get your podcasts. You can also

0:12:27.600 --> 0:12:31.040
<v Speaker 1>listen live each morning on London Dab Radio, the Bloomberg

0:12:31.080 --> 0:12:34.680
<v Speaker 1>Business app, and Bloomberg dot Com. Our flagship New York station,

0:12:34.800 --> 0:12:38.080
<v Speaker 1>is also available on your Amazon Alexa device. Just say

0:12:38.080 --> 0:12:42.000
<v Speaker 1>Alexa play Bloomberg eleven thirty. I'm Stephen Carroll. Join us

0:12:42.000 --> 0:12:44.640
<v Speaker 1>again tomorrow for all the news you need to start

0:12:44.679 --> 0:12:53.520
<v Speaker 1>your day right here on Bloomberg day Break Europe