1 00:00:01,280 --> 00:00:04,240 Speaker 1: News when you wanted. With Bloomberg News Now, I'm Brian 2 00:00:04,320 --> 00:00:08,000 Speaker 1: Curtis in Hong Kong. The possibility of halting the Israel 3 00:00:08,039 --> 00:00:11,160 Speaker 1: Hamas war and returning hostages may not be as close 4 00:00:11,200 --> 00:00:14,280 Speaker 1: as once thought, Bloomberg's Dan Schwartzman explains. 5 00:00:14,880 --> 00:00:18,360 Speaker 2: According to US National Security Advisor Jake Sullivan, a deal 6 00:00:18,400 --> 00:00:20,720 Speaker 2: to pause of Hamas Israel war and free the civilian 7 00:00:20,720 --> 00:00:23,759 Speaker 2: hostages held by the terror group isn't imminent, with Sullivan 8 00:00:23,840 --> 00:00:26,640 Speaker 2: saying the quote ball is in Hamas's court. While reports 9 00:00:26,680 --> 00:00:29,600 Speaker 2: last week said talks were progressing as officials from Egypt, 10 00:00:29,640 --> 00:00:32,479 Speaker 2: the US, Cutter, and Israel were meeting in Paris, nothing 11 00:00:32,520 --> 00:00:35,360 Speaker 2: concrete has yet to be agreed to. Cutter has presented 12 00:00:35,360 --> 00:00:37,680 Speaker 2: a proposal to Hamas that includes a forty five day 13 00:00:37,720 --> 00:00:40,760 Speaker 2: pause in fighting while some Palestinian prisoners would be released 14 00:00:40,760 --> 00:00:44,959 Speaker 2: in exchange for Israeli women, children, and elderly hostages. Hamas 15 00:00:45,000 --> 00:00:48,159 Speaker 2: is expected to respond to the proposal shortly. Dan Schwarzman 16 00:00:48,240 --> 00:00:49,080 Speaker 2: Bloomberg Radio. 17 00:00:49,840 --> 00:00:52,879 Speaker 1: Democrats held their first primary of the season, and there 18 00:00:53,000 --> 00:00:57,000 Speaker 1: was no surprise about the outcome. We get more from Bloomberg's. 19 00:00:56,520 --> 00:01:00,160 Speaker 3: Ed Keleggy, President Joe Biden Cruz to victory ins North 20 00:01:00,240 --> 00:01:04,440 Speaker 3: Carolina's Democratic primary Saturday, a vote which tested his support 21 00:01:04,480 --> 00:01:07,960 Speaker 3: among black voters and independents and will impact Nicky Haley's 22 00:01:08,000 --> 00:01:10,800 Speaker 3: push to defeat Donald Trump and the Republican contest in 23 00:01:10,880 --> 00:01:15,360 Speaker 3: three weeks. News organizations, including the Associated President NBC called 24 00:01:15,360 --> 00:01:17,920 Speaker 3: the race for Biden some twenty three minutes after polls 25 00:01:17,920 --> 00:01:21,400 Speaker 3: closed Saturday. The race was called as Biden attended a 26 00:01:21,440 --> 00:01:25,320 Speaker 3: twenty twenty four campaign meeting in Los Angeles. Biden only 27 00:01:25,360 --> 00:01:29,720 Speaker 3: faced long shot challengers Minnesota Representative Dean Phillips and self 28 00:01:29,760 --> 00:01:33,240 Speaker 3: help author Mary Anne Williamson, but the victory following a 29 00:01:33,319 --> 00:01:35,880 Speaker 3: write and win in New Hampshire last month, will help 30 00:01:35,959 --> 00:01:39,080 Speaker 3: him ease doubts over his re election bid amid concerns 31 00:01:39,080 --> 00:01:42,240 Speaker 3: from voters, including in his own party, over his age 32 00:01:42,280 --> 00:01:45,920 Speaker 3: and economic agenda. Ed Kleggy Bloomberg, radio. 33 00:01:45,880 --> 00:01:48,320 Speaker 1: FED chair at Jerome Palace as Americans may have to 34 00:01:48,360 --> 00:01:51,080 Speaker 1: wait beyond March for a cut in interest rates, he 35 00:01:51,160 --> 00:01:53,360 Speaker 1: told sixty Minutes. The Fed needs more data. 36 00:01:53,760 --> 00:01:57,480 Speaker 4: I think it's not likely that this committee will reach 37 00:01:57,600 --> 00:02:00,000 Speaker 4: that level of confidence in time for the March meeting, 38 00:02:00,240 --> 00:02:03,960 Speaker 4: which is in seven weeks. Almost all of the nineteen 39 00:02:04,000 --> 00:02:06,840 Speaker 4: participants who sit around this table believe that it will 40 00:02:06,840 --> 00:02:09,640 Speaker 4: be appropriate in their most likely case, for US to 41 00:02:10,000 --> 00:02:11,799 Speaker 4: cut the federal funds right this year. 42 00:02:11,919 --> 00:02:14,640 Speaker 1: Pal said the danger of moving too soon is that 43 00:02:14,680 --> 00:02:18,760 Speaker 1: the job's not quite done. Chinese stocks have tumbled further 44 00:02:18,880 --> 00:02:22,440 Speaker 1: in trading in Asia moments ago, the Shenzhen Composite Index 45 00:02:22,680 --> 00:02:25,680 Speaker 1: down five and a half percent, the CSI one thousand 46 00:02:25,800 --> 00:02:29,360 Speaker 1: sliding seven point two percent. The PBOC will pump a 47 00:02:29,400 --> 00:02:32,240 Speaker 1: trillion yawn or one hundred and forty billion dollars into 48 00:02:32,320 --> 00:02:35,280 Speaker 1: the financial system. It means the chance of a cash 49 00:02:35,320 --> 00:02:38,680 Speaker 1: squeeze ahead of the holiday will be less likely. Former 50 00:02:38,720 --> 00:02:41,400 Speaker 1: President Donald Trump said that he might impose more than 51 00:02:41,440 --> 00:02:45,040 Speaker 1: a sixty percent tariff on Chinese imports. He told Fox 52 00:02:45,120 --> 00:02:48,320 Speaker 1: News Sunday Morning Futures it would not start a trade war. 53 00:02:48,720 --> 00:02:50,679 Speaker 5: You know, obviously I'm not looking to hurt China. I 54 00:02:50,720 --> 00:02:52,280 Speaker 5: want to get along with China. I think it's great. 55 00:02:52,280 --> 00:02:55,000 Speaker 5: But they've really taken advantage of our country, and we 56 00:02:55,080 --> 00:02:57,360 Speaker 5: turned it around. We put big tariffs on steel. I 57 00:02:57,400 --> 00:03:01,280 Speaker 5: saved the steel companies and now is buying US steel, 58 00:03:01,480 --> 00:03:03,280 Speaker 5: US Steel. You know what a name that is. That's 59 00:03:03,280 --> 00:03:06,200 Speaker 5: the most important name fifty years ago, there was no 60 00:03:06,320 --> 00:03:09,240 Speaker 5: company like US Steel. Now that Japan is buying it, 61 00:03:09,400 --> 00:03:10,919 Speaker 5: I don't think I'd let that deal go through. 62 00:03:10,919 --> 00:03:14,000 Speaker 1: By the way, Trump's comments on tariffs add to a 63 00:03:14,040 --> 00:03:18,080 Speaker 1: long list of issues for Chinese investors and another big 64 00:03:18,160 --> 00:03:21,560 Speaker 1: contract for Joe Rogan. Bloomberg's Nancy lyons as. 65 00:03:21,440 --> 00:03:24,280 Speaker 6: That Spotify has inked a new multi year deal with 66 00:03:24,400 --> 00:03:27,519 Speaker 6: Joe Rogan that will allow the controversial podcast host to 67 00:03:27,560 --> 00:03:30,160 Speaker 6: put his show on other outlets. The Wall Street Journal 68 00:03:30,200 --> 00:03:32,320 Speaker 6: says the deal is worth two hundred and fifty million. 69 00:03:32,560 --> 00:03:34,920 Speaker 6: The company says in a blog post the commentator and 70 00:03:34,920 --> 00:03:38,040 Speaker 6: comedian will continue to produce his show, The Joe Rogan 71 00:03:38,080 --> 00:03:42,080 Speaker 6: Experience for Spotify, but the deal will allow other services 72 00:03:42,120 --> 00:03:44,880 Speaker 6: to air his program. It was the most listened to 73 00:03:44,960 --> 00:03:47,440 Speaker 6: podcast in the US in the third quarter of last year, 74 00:03:47,480 --> 00:03:51,000 Speaker 6: according to Edison Research on Nancy Lions Bloomberg Radio. 75 00:03:51,640 --> 00:03:54,680 Speaker 1: In Sports, the twenty twenty six FIFA World Cup Final 76 00:03:54,760 --> 00:03:57,640 Speaker 1: will be played in the New York metropolitan area. The 77 00:03:57,760 --> 00:04:00,960 Speaker 1: championship match will take place at MetLife Stile, home of 78 00:04:01,000 --> 00:04:04,280 Speaker 1: the NFL's New York Giants and New York Jets. New 79 00:04:04,360 --> 00:04:07,840 Speaker 1: York beat out Dallas and Los Angeles for hosting privileges 80 00:04:07,920 --> 00:04:11,760 Speaker 1: of the world's most viewed sporting event. In golfing news, 81 00:04:11,880 --> 00:04:14,640 Speaker 1: Round four of the AT and T Pebble Beach PRORAM 82 00:04:14,800 --> 00:04:18,480 Speaker 1: was postponed due to high wind conditions. The round will 83 00:04:18,480 --> 00:04:21,920 Speaker 1: be made up on Monday. That's news when you want 84 00:04:21,960 --> 00:04:25,680 Speaker 1: it with Bloomberg News Now. I'm Brian Curtis. This is 85 00:04:25,720 --> 00:04:26,240 Speaker 1: Bloomberg