1 00:00:02,279 --> 00:00:04,120 Speaker 1: Hi there. I'm Caroline Hipker. 2 00:00:03,840 --> 00:00:06,080 Speaker 2: And I'm Stephen Carol. We know you're here for the 3 00:00:06,160 --> 00:00:09,520 Speaker 2: latest episode of Stephanomics, but we wanted. 4 00:00:09,240 --> 00:00:11,840 Speaker 1: To tell you about another podcast we think you'll like. 5 00:00:12,200 --> 00:00:14,680 Speaker 1: It's called Bloomberg Daybreak You're Petition. 6 00:00:15,040 --> 00:00:18,120 Speaker 2: Every morning, we bring you headline news from around the world. 7 00:00:17,960 --> 00:00:21,319 Speaker 1: Exclusive reporting from our global team of two thy seven 8 00:00:21,360 --> 00:00:23,560 Speaker 1: hundred journalists and analysts. 9 00:00:23,120 --> 00:00:26,840 Speaker 2: Plus newsmaking interviews with CEOs and global leaders. 10 00:00:27,000 --> 00:00:29,159 Speaker 1: All of this and more in just fifteen minutes in 11 00:00:29,200 --> 00:00:32,760 Speaker 1: your podcast feed every morning from seven am London time. 12 00:00:33,240 --> 00:00:36,320 Speaker 1: Just search for Bloomberg Daybreak You Are Petition And if 13 00:00:36,320 --> 00:00:45,440 Speaker 1: you can't wait that long, here's the latest episode. Good morning, 14 00:00:45,479 --> 00:00:48,120 Speaker 1: It's Tuesday, the sixteenth of January here in London. This 15 00:00:48,240 --> 00:00:51,600 Speaker 1: is the Bloomberg Daybreak You podcast. I'm Caroline Hipker. 16 00:00:51,400 --> 00:00:54,400 Speaker 2: And I'm Stephen Carroll. Coming up today, IOWA delivers a 17 00:00:54,480 --> 00:00:57,520 Speaker 2: resounding win for Donald Trump and his bid for the 18 00:00:57,600 --> 00:00:59,400 Speaker 2: Republican presidential nomination. 19 00:01:00,040 --> 00:01:03,520 Speaker 1: ZA and the UK worn commercial vessels to avoid the 20 00:01:03,560 --> 00:01:06,640 Speaker 1: Red Sea as a merchant ship is hit with a 21 00:01:06,680 --> 00:01:07,760 Speaker 1: ballistic missile. 22 00:01:08,280 --> 00:01:11,679 Speaker 2: Plus Musk wants more. The Tesla CEO says he needs 23 00:01:11,760 --> 00:01:16,759 Speaker 2: twenty five percent control before developing the firm's AI projects. 24 00:01:17,080 --> 00:01:19,399 Speaker 1: Let's start with a roundup of our top stories. 25 00:01:19,760 --> 00:01:22,760 Speaker 2: Donald Trump has cruised to victory in the Iowa Republican 26 00:01:22,800 --> 00:01:26,680 Speaker 2: presidential caucus, with Ron De Santis finishing a distant second 27 00:01:26,800 --> 00:01:31,120 Speaker 2: and Nikki Hayley third. Ohio entrepreneur Vivik Gramaswami ended his 28 00:01:31,200 --> 00:01:35,800 Speaker 2: presidential bid after a disappointing showing. Republican political consultant Rick 29 00:01:35,920 --> 00:01:39,280 Speaker 2: Davis explains how the nomination race could now unfold for 30 00:01:39,360 --> 00:01:40,040 Speaker 2: Donald Trump. 31 00:01:40,760 --> 00:01:43,720 Speaker 3: If Trump does run the table and gets both Iowa 32 00:01:43,800 --> 00:01:47,680 Speaker 3: New Hampshire, a really unusual thing, then he's got four 33 00:01:48,280 --> 00:01:51,680 Speaker 3: weeks to consolidate his hold on South Carolina. And we've 34 00:01:51,720 --> 00:01:54,960 Speaker 3: seen early polling the campaign hasn't gotten to South Carolina yet, 35 00:01:55,240 --> 00:01:58,520 Speaker 3: so it's not reflective of a real campaign. But right 36 00:01:58,560 --> 00:02:02,000 Speaker 3: now he's twenty points ahead of Nikki Haley, who calls 37 00:02:02,000 --> 00:02:04,559 Speaker 3: it home. So and then after that, the really next 38 00:02:04,600 --> 00:02:08,400 Speaker 3: big thing is Super Tuesday, so he could actually walk 39 00:02:08,440 --> 00:02:11,480 Speaker 3: in the Super Tuesday basically unchallenged at that point. 40 00:02:12,440 --> 00:02:15,560 Speaker 2: Bloomberg Politics contributor and partner at Stone Court Capital, Rick 41 00:02:15,639 --> 00:02:19,000 Speaker 2: Davis speaking there, allies and adversaries around the world are 42 00:02:19,040 --> 00:02:22,520 Speaker 2: closely watching the twenty twenty four US presidential race, in 43 00:02:22,560 --> 00:02:25,960 Speaker 2: which Trump and Biden are offering starkly different visions for 44 00:02:26,000 --> 00:02:29,919 Speaker 2: America's global role. A December Morning consultant Bloomberg News poll 45 00:02:30,000 --> 00:02:32,920 Speaker 2: showed Trump leading Biden in the seven swing states that 46 00:02:33,000 --> 00:02:35,520 Speaker 2: will likely decide the outcome of the election. 47 00:02:36,600 --> 00:02:40,040 Speaker 1: Whoth the militants have attacked a US owned container ship 48 00:02:40,040 --> 00:02:42,320 Speaker 1: in the Red Sea. The vessel was hit by a 49 00:02:42,360 --> 00:02:47,000 Speaker 1: ballistic missile, but avoided significant damage or injuries to its crew. 50 00:02:47,520 --> 00:02:50,359 Speaker 1: The attack follows a warning from the US and UK 51 00:02:50,520 --> 00:02:54,480 Speaker 1: to merchant ships to avoid the area until further notice. 52 00:02:54,760 --> 00:02:59,160 Speaker 1: The EU Economy Commissioner Paulo Gentiloni sees the potential for 53 00:02:59,280 --> 00:03:02,320 Speaker 1: global economic fallout from the crisis. 54 00:03:03,520 --> 00:03:06,800 Speaker 4: What is happening in the Red Sea is not for 55 00:03:06,960 --> 00:03:15,000 Speaker 4: the moment apparently creating consequences on energy prises and inflation. 56 00:03:15,280 --> 00:03:19,919 Speaker 4: But we think that it should be monitored very closely 57 00:03:20,360 --> 00:03:25,480 Speaker 4: because these consequences could materialize in the coming weeks. 58 00:03:26,280 --> 00:03:29,720 Speaker 1: Paalo Gentiloni. There The latest attack in the Red Sea 59 00:03:29,800 --> 00:03:32,760 Speaker 1: comes after American and British forces bombed the hu Thies 60 00:03:32,800 --> 00:03:36,320 Speaker 1: in an effort to deter them from disrupting global shipping. 61 00:03:36,760 --> 00:03:40,160 Speaker 2: Prime Minister Rachisinak defended those joint air strikes in Parliament. 62 00:03:40,240 --> 00:03:42,880 Speaker 2: He told MPs that who They's aggression was the biggest 63 00:03:42,920 --> 00:03:45,280 Speaker 2: attack on the Royal Navy for decades. 64 00:03:46,480 --> 00:03:49,640 Speaker 5: I stress that this action was taken in self defense. 65 00:03:50,480 --> 00:03:55,000 Speaker 5: It was limited, not esplatory. It was a necessary and 66 00:03:55,120 --> 00:03:59,640 Speaker 5: proportionate response to a direct threat to UK vessels and 67 00:03:59,720 --> 00:04:01,600 Speaker 5: their to the UK itself. 68 00:04:02,280 --> 00:04:04,440 Speaker 2: Whishi si Nakada that he hopes the air strikes would 69 00:04:04,560 --> 00:04:08,200 Speaker 2: de escalate the conflict. However, the world's largest shipping association, 70 00:04:08,320 --> 00:04:11,680 Speaker 2: bimco's warning disruption in the area could last for some time. 71 00:04:12,040 --> 00:04:14,760 Speaker 2: The number of ships passing through the Southern Red seasons 72 00:04:14,760 --> 00:04:17,359 Speaker 2: Friday has fallen by more than half compared to the 73 00:04:17,360 --> 00:04:18,960 Speaker 2: corresponding period a month earlier. 74 00:04:19,880 --> 00:04:24,320 Speaker 1: Iran has launched missile strikes against targets in northern Iraq 75 00:04:24,440 --> 00:04:28,039 Speaker 1: and Syria. Bloomberg's Dan Schwartzmann has the details. 76 00:04:28,400 --> 00:04:30,720 Speaker 6: Four people were killed and six others wounded in an 77 00:04:30,720 --> 00:04:33,720 Speaker 6: Iranian missile attack in the northern Iraqi city of Airbil. 78 00:04:34,080 --> 00:04:37,720 Speaker 6: The Iranian Revolutionary Guard Corps has taken responsibility for the strike. 79 00:04:38,080 --> 00:04:41,520 Speaker 6: The state run Islamic Republic News agency says the Revolutionary 80 00:04:41,520 --> 00:04:45,000 Speaker 6: Guard launched ballistic missiles on the quote espionage basis of 81 00:04:45,080 --> 00:04:48,839 Speaker 6: anti Iranian terrorist groups in Iraq and Syria. In a statement, 82 00:04:48,880 --> 00:04:51,960 Speaker 6: the IRGC says the strike was in response to recent 83 00:04:52,000 --> 00:04:55,599 Speaker 6: targeted killings in the country. No American or coalition forces 84 00:04:55,640 --> 00:04:58,880 Speaker 6: stationed in Iraq and Syria were injured in the missile strikes. 85 00:04:59,080 --> 00:05:02,240 Speaker 6: The US also out down three drones near Arabial Airport. 86 00:05:02,560 --> 00:05:04,560 Speaker 6: Dan Schwartzman Bloomberg Radio. 87 00:05:05,320 --> 00:05:08,680 Speaker 2: UK inflation will drop to one point five percent in May, 88 00:05:08,680 --> 00:05:11,880 Speaker 2: according to a forecast from Ing. The bank's view is 89 00:05:11,920 --> 00:05:14,839 Speaker 2: that easing pressure from food and energy bills could pave 90 00:05:14,920 --> 00:05:17,200 Speaker 2: the way for the Bank of England to cut interest 91 00:05:17,279 --> 00:05:19,919 Speaker 2: rates sooner. Bloomberg James Wilcock has more. 92 00:05:20,080 --> 00:05:23,640 Speaker 7: The consensus view among economists has inflation falling to two 93 00:05:23,640 --> 00:05:27,479 Speaker 7: point one percent in mid twenty twenty five. IG's James 94 00:05:27,520 --> 00:05:29,600 Speaker 7: Smith thinks it will hit one point five percent in 95 00:05:29,720 --> 00:05:33,000 Speaker 7: just four months. He predicts falls and price rises in 96 00:05:33,040 --> 00:05:35,880 Speaker 7: nearly every major component and gas prices will bring the 97 00:05:35,880 --> 00:05:39,000 Speaker 7: Bank of England under target by May. If correct, the 98 00:05:39,080 --> 00:05:41,440 Speaker 7: data could be a booster if Yousunak, who has stated 99 00:05:41,520 --> 00:05:45,559 Speaker 7: political capital on bringing inflation under control in London, James 100 00:05:45,560 --> 00:05:46,760 Speaker 7: Wilcock Bloomberg Radio. 101 00:05:47,760 --> 00:05:51,160 Speaker 1: Apple will remove the blood oxygen feature on its smart 102 00:05:51,160 --> 00:05:54,600 Speaker 1: watches to avoid a US ban if an appeal fails. 103 00:05:54,920 --> 00:05:58,720 Speaker 1: The International Trade Commission ruled in October that Apple's devices 104 00:05:58,880 --> 00:06:04,000 Speaker 1: violate the pats of medical equipment maker Massimo. Bloomberg's Mark 105 00:06:04,040 --> 00:06:07,400 Speaker 1: German says that Apple's challenge against that decision will be 106 00:06:07,520 --> 00:06:11,000 Speaker 1: crucial in giving the company more time to find a solution. 107 00:06:12,480 --> 00:06:14,839 Speaker 8: Well, if it's not immediate removal, Apple's going to have 108 00:06:14,880 --> 00:06:17,039 Speaker 8: about a year to figure out a solution, And I 109 00:06:17,040 --> 00:06:20,240 Speaker 8: would bet heavily that with a year's time, Apple would 110 00:06:20,240 --> 00:06:23,160 Speaker 8: be able to retain the feature on the watch indefinitely 111 00:06:24,040 --> 00:06:27,000 Speaker 8: and rework it to not have to violate Arsenal's patents. 112 00:06:27,040 --> 00:06:29,160 Speaker 8: In fact, I've been told that they're working on this 113 00:06:29,279 --> 00:06:32,200 Speaker 8: software fix that changes some of the underlying algorithms from 114 00:06:32,200 --> 00:06:35,080 Speaker 8: the wording inside the blood oxygen saturation up to get 115 00:06:35,080 --> 00:06:37,400 Speaker 8: that to happen. But for that's a matter at all. 116 00:06:37,640 --> 00:06:40,200 Speaker 8: It's really important for Apple that they win tomorrow they 117 00:06:40,200 --> 00:06:40,920 Speaker 8: win that appeal. 118 00:06:41,680 --> 00:06:45,560 Speaker 1: Bloomberg's chief correspondent Mark German. There, Apple has increasing the 119 00:06:45,680 --> 00:06:49,000 Speaker 1: use health and safety features to market its smart watches 120 00:06:49,400 --> 00:06:53,679 Speaker 1: helping to turn the line into a seventeen billion dollar 121 00:06:53,720 --> 00:06:55,119 Speaker 1: business for the tech giant. 122 00:06:55,560 --> 00:06:59,960 Speaker 2: Elon Musk says he's uncomfortable growing Tesla's AI capacity without 123 00:06:59,920 --> 00:07:03,719 Speaker 2: a larger share of voting control. The automaker is currently 124 00:07:03,760 --> 00:07:07,200 Speaker 2: investing more than a billion dollars into its Dojo supercomputer 125 00:07:07,320 --> 00:07:11,160 Speaker 2: project and working to develop humanoid robots. However, in a 126 00:07:11,200 --> 00:07:13,760 Speaker 2: post on his social platform x, Elon Musk said that 127 00:07:13,800 --> 00:07:17,200 Speaker 2: without twenty five percent of voting control, he'd prefer to 128 00:07:17,240 --> 00:07:21,960 Speaker 2: develop products independently. According to data compiled by Bloomberg, Musk 129 00:07:22,080 --> 00:07:25,920 Speaker 2: currently owns more than twelve percent of the company. One 130 00:07:25,920 --> 00:07:28,440 Speaker 2: of the things that caught my eye from the coverage 131 00:07:28,480 --> 00:07:30,200 Speaker 2: of Davos this morning, and it's one of the things 132 00:07:30,200 --> 00:07:31,880 Speaker 2: that I like about Davos because it does get you 133 00:07:31,920 --> 00:07:33,480 Speaker 2: a chance to get an insight into some of the 134 00:07:33,520 --> 00:07:36,600 Speaker 2: workplace trends that are happening. And this conversation that the 135 00:07:36,640 --> 00:07:38,840 Speaker 2: chair of PwC in the UK has been having about 136 00:07:38,840 --> 00:07:42,240 Speaker 2: how the rise of AI actually means that more junior 137 00:07:42,280 --> 00:07:44,880 Speaker 2: staff should spend more time in the office. His logic 138 00:07:45,000 --> 00:07:46,920 Speaker 2: is is that a lot of the tasks that treat 139 00:07:46,920 --> 00:07:48,920 Speaker 2: people used to get trained up on are now being 140 00:07:48,920 --> 00:07:51,960 Speaker 2: taken over by the technology, which means face to face 141 00:07:52,040 --> 00:07:54,600 Speaker 2: time is even more important. He says it could actually 142 00:07:54,640 --> 00:07:57,120 Speaker 2: to help people accelerate them up the career ladder if 143 00:07:57,120 --> 00:07:59,840 Speaker 2: they're spending more time in the office, meeting people, in 144 00:08:00,160 --> 00:08:02,600 Speaker 2: acting with people. And he says that you need to 145 00:08:02,600 --> 00:08:04,160 Speaker 2: be in the office for five days a week if 146 00:08:04,200 --> 00:08:06,600 Speaker 2: you want to succeed in your career, which I'm quite 147 00:08:06,600 --> 00:08:08,360 Speaker 2: sure plenty of people would disagree with. 148 00:08:08,600 --> 00:08:11,840 Speaker 1: Yeah, okay, but very interesting advice perhaps the younger people 149 00:08:11,880 --> 00:08:14,360 Speaker 1: in the office that you need that FaceTime, that learning time, 150 00:08:14,520 --> 00:08:17,440 Speaker 1: I mean interesting if you get paid more sooner in 151 00:08:17,480 --> 00:08:18,120 Speaker 1: your career. 152 00:08:18,320 --> 00:08:20,360 Speaker 6: That's the office. Here's the crux of it. 153 00:08:20,440 --> 00:08:22,400 Speaker 2: Yeah, people might be interested and if they get that 154 00:08:22,440 --> 00:08:25,560 Speaker 2: sort of motivation, let's get more to know now though, 155 00:08:25,600 --> 00:08:28,040 Speaker 2: on the US political story, this morning, Donald Trumps won 156 00:08:28,200 --> 00:08:31,040 Speaker 2: the first Republican Party caucus of the campaign in Iowa. 157 00:08:31,120 --> 00:08:33,920 Speaker 2: Our executive editor for US Government, Michael Shepherd joins us 158 00:08:33,920 --> 00:08:36,320 Speaker 2: now from Iowa for more. Michael, great to have you 159 00:08:36,360 --> 00:08:38,360 Speaker 2: with us on the program. So the polls are predicted 160 00:08:38,640 --> 00:08:41,240 Speaker 2: Donald Trump would win big he did. Were there any 161 00:08:41,400 --> 00:08:42,880 Speaker 2: surprises in his vote? 162 00:08:44,240 --> 00:08:46,600 Speaker 9: Well, Steven, I thank you for having me. Our team 163 00:08:46,679 --> 00:08:50,480 Speaker 9: is still hard at work parsing the results and figuring 164 00:08:50,520 --> 00:08:53,560 Speaker 9: out what's going to come next. As for surprises, look, 165 00:08:53,640 --> 00:08:56,600 Speaker 9: results in any election are always a surprise, as polls 166 00:08:56,600 --> 00:08:58,920 Speaker 9: can sometimes get it wrong ahead of time, and in 167 00:08:59,040 --> 00:09:02,520 Speaker 9: tonight's because it was unclear beforehand just how much support 168 00:09:02,640 --> 00:09:06,680 Speaker 9: Donald Trump would get. Iowa voters are famously independent minded. 169 00:09:06,920 --> 00:09:09,400 Speaker 9: But he did end up with fifty one percent of 170 00:09:09,559 --> 00:09:12,080 Speaker 9: votes from caucus goers. And that's even more than the 171 00:09:12,160 --> 00:09:15,560 Speaker 9: support that was projected in the final poll of a 172 00:09:15,840 --> 00:09:20,319 Speaker 9: local authoritative local newspaper taken days before tonight's caucuses. 173 00:09:21,200 --> 00:09:24,319 Speaker 1: Okay, so that for Donald Trump. What about Rohn de Santis, 174 00:09:24,320 --> 00:09:26,480 Speaker 1: who came in second, What does it mean for his 175 00:09:26,600 --> 00:09:28,960 Speaker 1: campaign and indeed for Nicky Haley. 176 00:09:30,280 --> 00:09:33,680 Speaker 9: Well, let's start with Ron DeSantis. And that's a good question, Caroline. 177 00:09:33,679 --> 00:09:36,880 Speaker 9: I'm glad you asked that about him, because for Ron DeSantis, 178 00:09:36,960 --> 00:09:40,600 Speaker 9: this is a vindication of his all out bet on Iowa. 179 00:09:40,720 --> 00:09:43,839 Speaker 9: He really banked on trying to win the Hawkeye state. 180 00:09:44,480 --> 00:09:46,600 Speaker 9: He spent so much time in the months ahead of 181 00:09:46,640 --> 00:09:50,439 Speaker 9: the caucuses. He visited all ninety nine counties in the state, 182 00:09:50,840 --> 00:09:56,439 Speaker 9: crisscrossing visiting so many different voters. He set up an 183 00:09:56,440 --> 00:10:00,800 Speaker 9: extensive ground operation. He brought in allies from Florida by 184 00:10:00,840 --> 00:10:03,920 Speaker 9: the bus load and planeload to go door to door 185 00:10:04,080 --> 00:10:08,120 Speaker 9: days before the caucuses in freezing cold temperature. So it 186 00:10:08,240 --> 00:10:11,880 Speaker 9: showed some motivation and actually had some effect. Now for 187 00:10:11,960 --> 00:10:15,040 Speaker 9: Nikki Haley, look, the last thing she needed heading into 188 00:10:15,080 --> 00:10:18,440 Speaker 9: New Hampshire, where she has bet big as a stepping 189 00:10:18,440 --> 00:10:21,240 Speaker 9: stone to her home state of South Carolina. The last 190 00:10:21,280 --> 00:10:24,199 Speaker 9: thing she needed was a third place finish. She had 191 00:10:24,240 --> 00:10:26,600 Speaker 9: hoped to do well enough to Iowa to really use 192 00:10:26,600 --> 00:10:29,600 Speaker 9: it as a launching pad into New Hampshire and then 193 00:10:29,679 --> 00:10:33,480 Speaker 9: South Carolina. But it didn't work out exactly as she 194 00:10:33,559 --> 00:10:36,760 Speaker 9: had hoped. And that last poll I just mentioned, taken 195 00:10:36,840 --> 00:10:40,000 Speaker 9: days before the vote, had actually shown her finishing ahead 196 00:10:40,000 --> 00:10:41,480 Speaker 9: of DeSanto's. 197 00:10:40,840 --> 00:10:45,600 Speaker 2: Here and they field already narrowing after this caucus. Vivia 198 00:10:45,640 --> 00:10:48,480 Speaker 2: Gramaswami dropping out of the race. What went wrong for 199 00:10:48,559 --> 00:10:49,160 Speaker 2: his campaign? 200 00:10:50,520 --> 00:10:54,319 Speaker 9: Well, you know, Vivek Ramaswami never really caught fire with 201 00:10:54,760 --> 00:10:57,720 Speaker 9: more than just the segment that he really appealed to 202 00:10:57,920 --> 00:11:03,719 Speaker 9: the very independent mind in even more libertarian voters, and 203 00:11:04,440 --> 00:11:08,760 Speaker 9: in places like Iowa and South Carolina, it was hard 204 00:11:08,800 --> 00:11:11,920 Speaker 9: for him to fit in. His message just didn't take hold, 205 00:11:12,520 --> 00:11:17,959 Speaker 9: and he in essence sort of acknowledged that during his speech. 206 00:11:18,440 --> 00:11:22,480 Speaker 9: He said in the campaign, his speech tonight and drussing Trump, 207 00:11:22,559 --> 00:11:26,000 Speaker 9: he said, in tonight's race, there are two America First candidates. 208 00:11:26,559 --> 00:11:29,080 Speaker 9: Now there's only one with me leaving, and that of 209 00:11:29,080 --> 00:11:31,840 Speaker 9: course is pointing to Donald Trump. So he was signaling 210 00:11:31,880 --> 00:11:35,280 Speaker 9: that many of the positions that he was espousing were 211 00:11:35,360 --> 00:11:38,640 Speaker 9: already ones that were reflected by Trump, and he has 212 00:11:38,679 --> 00:11:40,840 Speaker 9: now thrown his support for the former president. 213 00:11:41,440 --> 00:11:45,440 Speaker 1: Okay, just lastly and briefly then, the key things to 214 00:11:45,520 --> 00:11:48,280 Speaker 1: watch out for next as we move towards the New 215 00:11:48,320 --> 00:11:52,360 Speaker 1: Hampshire primary that takes place next week, Well, this. 216 00:11:52,440 --> 00:11:55,680 Speaker 9: Is really crucial for the DeSantis campaign to make the 217 00:11:55,720 --> 00:11:58,679 Speaker 9: most of New Hampshire, where they haven't invested nearly as 218 00:11:58,760 --> 00:12:02,600 Speaker 9: much time as Haley has. She is the endorsement of 219 00:12:02,760 --> 00:12:06,400 Speaker 9: the governor there, who's been campaigning very aggressively in the 220 00:12:06,400 --> 00:12:11,880 Speaker 9: Granite state for her. She also enters that state Desantus 221 00:12:11,880 --> 00:12:15,520 Speaker 9: does too, facing a very different electorate. It's not nearly 222 00:12:15,559 --> 00:12:18,920 Speaker 9: as conservative as Iowa, so we could see a different 223 00:12:18,960 --> 00:12:23,720 Speaker 9: result that could pivot and actually leave Nikki Haley ahead 224 00:12:23,760 --> 00:12:26,200 Speaker 9: of Ron DeSantis, but behind Trump, but we'll have to 225 00:12:26,240 --> 00:12:30,680 Speaker 9: see there. Trump is seeking to turn his absolute majority 226 00:12:30,720 --> 00:12:34,640 Speaker 9: win tonight into something that will allow him to pivot 227 00:12:34,720 --> 00:12:38,640 Speaker 9: sooner to this general election matchup with Joe Biden in November. 228 00:12:40,080 --> 00:12:42,840 Speaker 2: This is Bloomberg Daybreak Europe, your morning brief on the 229 00:12:42,880 --> 00:12:45,959 Speaker 2: stories making news from London to Wall Street and beyond. 230 00:12:46,240 --> 00:12:50,199 Speaker 1: Look for us on your podcast feed every morning on Apple, Spotify, 231 00:12:50,280 --> 00:12:52,240 Speaker 1: and anywhere else you get your podcasts. 232 00:12:52,280 --> 00:12:55,319 Speaker 2: You can also listen live each morning on London Dab Radio, 233 00:12:55,360 --> 00:12:58,040 Speaker 2: the Bloomberg Business app, and Bloomberg dot Com. 234 00:12:58,080 --> 00:13:00,840 Speaker 1: Our flagship New York station is also available on your 235 00:13:00,880 --> 00:13:05,600 Speaker 1: Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty. 236 00:13:05,840 --> 00:13:08,520 Speaker 2: I'm Caroline Hepka and I'm Stephen Carol. Join us again 237 00:13:08,520 --> 00:13:11,120 Speaker 2: tomorrow morning for all the news you need to start 238 00:13:11,160 --> 00:13:15,800 Speaker 2: your day right here on Bloomberg Daybreak Europe