WEBVTT - Israel-Iran Strikes Escalate; Spaun Wins US Open in Dramatic Finish 0:00:02.520 --> 0:00:08.160 Bloomberg Audio Studios, podcasts, radio news. 0:00:10.000 --> 0:00:13.160 Good morning, I'm Nathan Hager and I'm Karen Moscow. Here 0:00:13.200 --> 0:00:16.000 are the stories we're following today, Karen. 0:00:16.040 --> 0:00:19.280 Fighting between Israel and Iran is now into its fourth 0:00:19.400 --> 0:00:22.800 day with no sign of easing. Iran has fired several 0:00:22.840 --> 0:00:25.919 waves of drones and missiles over the last twenty four hours, 0:00:26.040 --> 0:00:30.200 while Israel continued hitting the Islamic Republic's capital, Tehran, killing 0:00:30.240 --> 0:00:34.199 one more senior military official Stuart Livingston Wallace heads are 0:00:34.280 --> 0:00:35.320 Middle East coverage. 0:00:35.440 --> 0:00:38.760 It's a combination of what appear to be very precise 0:00:39.280 --> 0:00:43.440 strikes by Israel on Iranian targets, and that largely encompasses 0:00:44.040 --> 0:00:47.440 nuclear sides military sites. And it does appear at this 0:00:47.520 --> 0:00:50.280 stage and given everything we've seen over the last four days, 0:00:50.280 --> 0:00:52.040 that Israel now more or less has a free hand 0:00:52.080 --> 0:00:55.000 within Iran, and it's been quite surprising, I suppose, how 0:00:55.200 --> 0:00:59.319 little response Iran seems to have those strikes. And then 0:00:59.360 --> 0:01:02.240 on the other side, it's been sort of throwing back 0:01:02.360 --> 0:01:06.440 ballistic missiles and drones in very large quantities, and that 0:01:06.520 --> 0:01:08.760 seems to be a lot less precise, I mean largely 0:01:08.840 --> 0:01:11.560 the strategy there seems to be to try and overwhelm 0:01:11.720 --> 0:01:13.839 Israel's rather impressive defenses. 0:01:13.920 --> 0:01:17.840 Bloomberg, Stewart Livingston Wallace reports the casualty toll is rising. 0:01:17.920 --> 0:01:21.080 Iran's government says two hundred twenty four people have been killed, 0:01:21.280 --> 0:01:24.480 while Israel says Iranian attacks killed twenty three people and 0:01:24.600 --> 0:01:27.200 injured more than four hundred well Nathan. 0:01:27.240 --> 0:01:30.480 President Trump says he believes Israel and Iran could eventually 0:01:30.520 --> 0:01:33.480 reach a peace agreement, but suggested they may have to 0:01:33.520 --> 0:01:37.039 continue their conflict before coming to the negotiating table. The 0:01:37.080 --> 0:01:40.280 President spoke to reporters as he prepared to board Marine one. 0:01:40.640 --> 0:01:42.679 I think it's time for a deal, and we'll see 0:01:42.680 --> 0:01:43.320 what happens. 0:01:43.360 --> 0:01:46.640 But sometimes they have to fight it out. But we're 0:01:46.640 --> 0:01:47.640 going to see what happens. 0:01:47.920 --> 0:01:49.480 I think there's a good chance he'll. 0:01:49.280 --> 0:01:52.120 Be a deal, President Trump, speaking before he left to 0:01:52.160 --> 0:01:55.280 attend the G seven summit in Canada. The conflict threatens 0:01:55.320 --> 0:01:57.720 to open a new rift at the high level gathering 0:01:57.760 --> 0:02:00.520 of world leaders. We get more from Bloomberg. There's David 0:02:00.520 --> 0:02:02.080 Gura in Alberta, Canada. 0:02:02.200 --> 0:02:04.480 Conflict in the Middle East is casting a shadow over 0:02:04.520 --> 0:02:06.320 this meeting of the Group of Seven, even if it 0:02:06.360 --> 0:02:09.600 hasn't scuttled the official agenda. Several world leaders have called 0:02:09.639 --> 0:02:12.560 on Iran and Israel to de escalate the situation, and 0:02:12.680 --> 0:02:15.480 it's unclear if the group will issue a formal statement 0:02:15.520 --> 0:02:18.600 on the conflict. A broader joint communicate is not in 0:02:18.639 --> 0:02:21.360 the cards. Prime Minister Mark Carney is being careful not 0:02:21.440 --> 0:02:24.280 to upset President Trump, who withdrew from that agreement the 0:02:24.360 --> 0:02:27.160 last time Canada hosted the G seven in twenty eighteen 0:02:27.680 --> 0:02:29.120 in baff Alberta, Canada. 0:02:29.240 --> 0:02:32.120 I'm David Gura, Bloomberg Radio. All right, David, thank you. 0:02:32.280 --> 0:02:35.000 President Trump appears to be doubling down on his mass 0:02:35.040 --> 0:02:38.680 deportation policy after a weekend of protests across the country. 0:02:38.919 --> 0:02:41.560 In a truth social post last night, the President called 0:02:41.560 --> 0:02:45.400 on ICE agents to expand deportations in the largest US cities, 0:02:45.520 --> 0:02:49.680 including Los Angeles, New York, and Chicago. Democratic Senator Alex 0:02:49.760 --> 0:02:52.680 Padia of California says the raids are going too far 0:02:53.040 --> 0:02:53.560 for all. 0:02:53.480 --> 0:02:56.359 To talk about the focus and targeting of violent criminals. 0:02:56.360 --> 0:02:59.239 If that's all the Trump administration was doing, there would 0:02:59.280 --> 0:03:01.880 be not debate. As you're hearing more and more stories 0:03:01.919 --> 0:03:05.040 of undocumented long term resident of the United States were 0:03:05.080 --> 0:03:08.080 otherwise law abiding that's who's being targeted. 0:03:08.280 --> 0:03:11.639 California Senator Alex Padia appeared on CBS's Face the Nation 0:03:11.800 --> 0:03:15.239 heard Sundays on Bloomberg Radio. Last week, President Trump appeared 0:03:15.280 --> 0:03:17.520 to acknowledge the impact his policies have had on rural 0:03:17.560 --> 0:03:21.200 communities and promised changes to protect farm and hotel workers. 0:03:21.720 --> 0:03:22.040 Nathan. 0:03:22.080 --> 0:03:25.200 A manhunt that lasted much of the weekend is over 0:03:25.280 --> 0:03:28.520 in Minnesota. Suspect is in custody and the killing of 0:03:28.560 --> 0:03:31.840 Democratic state lawmaker Melissa Hortman and her husband and the 0:03:31.919 --> 0:03:35.560 shooting of State Senator John Hoffman and his wife. Minnesota 0:03:35.560 --> 0:03:38.400 Governor Tim Walld says the suspect, fifty seven year old 0:03:38.480 --> 0:03:42.120 Van Spoulterer, was arrested after a trail camera picked him 0:03:42.200 --> 0:03:45.480 up near his farm. The FBI had been offering fifty 0:03:45.560 --> 0:03:48.280 thousand dollars for information leading to his arrest. 0:03:48.560 --> 0:03:51.920 To the law enforcement who stand here and the hundreds 0:03:52.120 --> 0:03:54.920 who were involved in this, the State of Minnesota owes 0:03:54.960 --> 0:03:57.880 you a deep gread of gratitude. Thank you, you ran 0:03:58.120 --> 0:04:02.280 towards the danger and you served the State of Minnesota. 0:04:02.440 --> 0:04:05.800 Governor wals announced the arrest last night. Authorities are still 0:04:05.840 --> 0:04:09.840 investigating a motive behind the attack. A government document seen 0:04:09.880 --> 0:04:13.120 by Bloomberg News points to a purported hit list at 0:04:13.160 --> 0:04:16.480 the crime scene that included the names of several Minnesota 0:04:16.560 --> 0:04:19.159 politicians and abortion providers in the state. 0:04:19.440 --> 0:04:22.440 Karen, let's turn to markets now. Futures are higher as 0:04:22.480 --> 0:04:24.400 we kick off a new trading week, a week that 0:04:24.440 --> 0:04:27.279 will be highlighted by a Fed decision. It's bringing Bloomberg 0:04:27.400 --> 0:04:29.560 John Tucker with the very latest, John, good Morning. 0:04:29.440 --> 0:04:31.880 And Nathan. The Central Bank concludes it's two day meeting 0:04:31.920 --> 0:04:35.599 on Wednesday. This is expected to hold rates steady this meeting, 0:04:35.920 --> 0:04:38.960 but there could be some change in tone about possible 0:04:38.960 --> 0:04:42.120 future cuts at Chairman Jerome Powell's press conference that follows 0:04:42.160 --> 0:04:45.040 the meeting. Robert Dishner is with Newburger Berman. 0:04:45.760 --> 0:04:47.360 We're still of the belief the Fed's going to cut 0:04:47.360 --> 0:04:51.080 twice this year. The forecast may move down to one 0:04:51.120 --> 0:04:53.520 cut this year, But does then the Fed give the 0:04:53.560 --> 0:04:54.839 market something for next year? 0:04:54.880 --> 0:04:57.160 Do they increase that to three cuts next year? 0:04:57.320 --> 0:04:59.960 Well, policy makers have been pretty clear before they could 0:05:00.080 --> 0:05:02.440 make a move beneath the White House to resolve the 0:05:02.520 --> 0:05:06.279 big question marks around Tarff's immigration and taxes. It is 0:05:06.279 --> 0:05:08.799 there's a tax on a RN have also introduced another 0:05:08.839 --> 0:05:11.720 element of uncertainty. Well, the FED meeting comes as President 0:05:11.720 --> 0:05:14.120 Trump has turned up the pressure on Jerome Pal to 0:05:14.160 --> 0:05:17.440 lower rates. A fourth straight meeting without a cut could 0:05:17.440 --> 0:05:20.120 provoke another tie rate from the President, got to York, 0:05:20.120 --> 0:05:21.640 Come John Tucker, Bloomberg Radio. 0:05:22.000 --> 0:05:25.120 John, thank you. In sports, it was quite a memorable 0:05:25.200 --> 0:05:27.919 finish at the US Open in Oakmont. Let's spring in 0:05:27.960 --> 0:05:31.640 Bloomberg Sports reporter John stash Hour with the dramatic details. 0:05:31.680 --> 0:05:33.120 John, Good morning, Mary Karen. 0:05:33.200 --> 0:05:35.920 It was an Open where all the golfers struggled against 0:05:35.920 --> 0:05:39.080 the mighty Oakmont course, but it ended with a remarkable 0:05:39.240 --> 0:05:42.560 sixty five foot pot on the last hole for the win. 0:05:42.800 --> 0:05:45.680 JJ Spon fall up and over the ridge. It's on 0:05:45.720 --> 0:05:47.760 a very good line, just could go in J J 0:05:47.920 --> 0:05:51.800 Spon makes sense. It's the biggest one in his career. 0:05:52.080 --> 0:05:55.520 JJ Spon conquers Oakmont And as you're one hundred and 0:05:55.560 --> 0:05:57.880 twenty fifth US Open champion. 0:05:58.200 --> 0:06:00.480 US Open Radio, I had the call that was the 0:06:00.520 --> 0:06:03.400 longest that anyone had made throughout the four rounds. It 0:06:03.520 --> 0:06:07.400 left Spawn with the only underpar score and unlikely Open champion. 0:06:07.400 --> 0:06:10.160 He only won one PGA tournament in his career. Well 0:06:10.200 --> 0:06:13.160 here from him, coming up shortly, John Stashieware Bloomberg Sports. 0:06:13.320 --> 0:06:15.080 Yeah, it got to be one of the loudest golf 0:06:15.120 --> 0:06:17.440 calls I've heard in quite some time. Thank you for that, John. 0:06:17.920 --> 0:06:21.040 Back to markets now, we're watching shares of Caring. They 0:06:21.040 --> 0:06:23.880 are hired by more than ten percent. In Europe, the 0:06:23.920 --> 0:06:27.120 owner of the struggling Gucci fashion label is preparing to 0:06:27.200 --> 0:06:30.800 name the chief executive officer of Renault as its next 0:06:30.839 --> 0:06:33.920 CEO in a bid for a turnaround. Bloomberg News has 0:06:33.960 --> 0:06:36.560 learned that Luca Demeyo is going to be appointed to 0:06:36.600 --> 0:06:39.120 the job in the coming days. Watching shares of Renault, 0:06:39.160 --> 0:06:40.880 they are down more than seven percent. 0:06:41.320 --> 0:06:45.560 Nathan, another activist investor, is seeking changes at Victoria's secret. 0:06:45.600 --> 0:06:48.760 Bloomberg News has learned Barrington Capitol Group, which has built 0:06:48.760 --> 0:06:51.839 a stake in the lingerie retailer, plans to push for 0:06:51.920 --> 0:06:55.480 a board overhaul. Earlier this month, one of Victoria's secrets. 0:06:55.560 --> 0:07:00.480 The largest investors BBRC International, also called for me board 0:07:00.600 --> 0:07:02.080 changes and. 0:07:01.920 --> 0:07:05.200 Back in this country. Shares of Serepta Therapeutics. They are 0:07:05.279 --> 0:07:08.680 down more than thirty six percent. That company paused a 0:07:08.680 --> 0:07:12.320 clinical trial after a second patient died of acute liver 0:07:12.400 --> 0:07:15.640 failure after being treated with Serepta's gene therapy for a 0:07:15.760 --> 0:07:17.000 rare muscle disorder. 0:07:20.920 --> 0:07:21.760 And it's time now for a. 0:07:21.760 --> 0:07:23.720 Look at some of their stories making news in New 0:07:23.800 --> 0:07:25.640 York and around the world, and for that were joined 0:07:25.680 --> 0:07:28.360 by Bloomberg's Michael Barr Michael, Good Morning. 0:07:28.120 --> 0:07:31.559 Good Morning Karen. More than two thousand nationwide so called 0:07:31.680 --> 0:07:35.440 No Kings events were held over the weekend. While most 0:07:35.480 --> 0:07:39.360 were lawful, there was trouble at some. In Salt Lake City, 0:07:39.400 --> 0:07:42.600 what started out as a peaceful protest turned into chaos. 0:07:42.920 --> 0:07:45.679 Gunfire broke out, killing a thirty nine year old man. 0:07:46.160 --> 0:07:50.239 There were confrontations between police and protesters in Portland, Oregon, 0:07:50.560 --> 0:07:54.560 in Washington State, and in Atlanta. In Los Angeles, police 0:07:54.600 --> 0:07:58.120 broke up crowds. The LAPD says thirty five people were 0:07:58.200 --> 0:08:01.800 arrested for breaking the city and Poe curfew after crowds 0:08:01.840 --> 0:08:04.880 turned out for the No King's protest. As he left 0:08:04.880 --> 0:08:07.360 the White House yesterday to attend the G seven summon 0:08:07.440 --> 0:08:11.960 in Canada, President Trump credited National Guard troops he activated 0:08:12.000 --> 0:08:14.160 for peaceful protests in Los Angeles. 0:08:14.440 --> 0:08:15.040 They come and. 0:08:15.000 --> 0:08:17.360 They check, and they say, is the National Guard. 0:08:17.200 --> 0:08:17.840 Going to be there? 0:08:18.240 --> 0:08:19.920 And if the National Guards being there. 0:08:20.360 --> 0:08:21.440 They don't even show up. 0:08:21.840 --> 0:08:24.920 Meanwhile, the Mayor of Los Angeles, Karen Bass, credits the 0:08:24.960 --> 0:08:28.680 curfew for keeping the peace. The jury in Karen Reid's 0:08:28.800 --> 0:08:33.079 murder retrial returns to deliberations today. Read is charged and 0:08:33.120 --> 0:08:36.040 the murder of her Boston Police officer boyfriend. In twenty 0:08:36.080 --> 0:08:39.080 twenty two. The first trial ended in a hung jury. 0:08:39.400 --> 0:08:44.160 The defense is raising concerns about the complexity of juror guidelines. 0:08:44.679 --> 0:08:47.480 Heavy rain has killed at least five people in West Virginia, 0:08:47.520 --> 0:08:50.839 including a three year old child. This person escaped a 0:08:50.880 --> 0:08:53.160 flooded apartment building in Fairmont. 0:08:53.320 --> 0:08:56.559 First four of our building was completely flooded and all 0:08:56.600 --> 0:08:59.360 of our belongings destroyed and gone. Have the dog that 0:08:59.440 --> 0:09:02.880 stunts building and I know for us. 0:09:02.800 --> 0:09:06.000 Today and half the governor says several more people are missing. 0:09:06.400 --> 0:09:09.040 Two top union leaders have quit their post in the 0:09:09.040 --> 0:09:12.559 Democratic National Committee. According to The New York Times, it's 0:09:12.600 --> 0:09:15.400 over a dispute with the party's new chairman, Ken Martin. 0:09:15.880 --> 0:09:19.719 Randy Wegarden, leader of the American Federation of Teachers, and 0:09:19.800 --> 0:09:23.240 Lee Saunders, head of the American Federation of State, County 0:09:23.240 --> 0:09:28.320 and Municipal Employees, resigned Winegarden and Saunders had supported Martin's 0:09:28.360 --> 0:09:32.560 competition for the Chairman's spot. Ben Wickler Global News twenty 0:09:32.559 --> 0:09:34.840 four hours a day and whenever you want it with 0:09:34.880 --> 0:09:38.320 the Bloomberg News. Now, I'm Michael Barne. This is Bloomberg Hert. 0:09:38.400 --> 0:09:40.480 All right, Michael barr thank you. It's time now for 0:09:40.520 --> 0:09:43.400 the Bloomberg Sports Update. It's brought to you by Flushing 0:09:43.440 --> 0:09:45.800 Bank and we bring in John Stanshauer. 0:09:45.920 --> 0:09:48.120 John, good morning again, Thanks Aaron. 0:09:48.200 --> 0:09:51.040 JJ Spahn had been a top or near the top 0:09:51.040 --> 0:09:53.480 of the leaderboard throughout that US Open at Olkmont. He 0:09:53.559 --> 0:09:55.960 began with that bogey free first round of sixty six. 0:09:56.040 --> 0:09:59.360 His Open chances seem to have ended when he began 0:09:59.400 --> 0:10:02.280 the final round with five bogies in the first six holes, 0:10:02.280 --> 0:10:05.360 but others faltered. Sam Burns had a forty on the 0:10:05.400 --> 0:10:07.920 back nine. Adam Scott of forty one spawn on the 0:10:07.960 --> 0:10:11.240 par four seventeenth bowl, drove the green and his birding 0:10:11.280 --> 0:10:13.240 foot him back on top. He sealed the wind with 0:10:13.240 --> 0:10:16.960 that astonishing sixty five foot fun on the seventy second hold. 0:10:17.040 --> 0:10:19.000 Very much a late bloomerspawn didn't make it to the 0:10:19.000 --> 0:10:21.440 PGA Tour until he was twenty six, but he nearly 0:10:21.480 --> 0:10:24.160 won the Players Championship, lost at the playoff to Rory McIlroy, 0:10:24.240 --> 0:10:27.120 now at age thirty four, the Open champion. 0:10:27.640 --> 0:10:30.760 I never thought I would be here, you know, holding 0:10:30.760 --> 0:10:33.679 this trophy. I mean, I've always had aspirations and dreams, 0:10:33.720 --> 0:10:36.640 but like I said, you know, a few months ago, 0:10:36.679 --> 0:10:38.720 I never knew who my ceiling was. I never knew 0:10:38.880 --> 0:10:41.120 how good I could be. But I'm just proud that 0:10:41.160 --> 0:10:44.200 I've been resilient in my career and pushed through a 0:10:44.200 --> 0:10:48.200 lot of things and just trying to be the best 0:10:48.240 --> 0:10:48.920 golfer I can be. 0:10:49.400 --> 0:10:53.000 Robert McIntyre, the leftief from Scotland, finished second, two shots behind. 0:10:53.120 --> 0:10:55.720 Lost weekend, so the Yankees and match both got swept 0:10:55.720 --> 0:10:58.120 for the first time this season. Yanks shutout in Boston 0:10:58.200 --> 0:11:00.680 two nothing to They scored only four runs in three games, 0:11:00.720 --> 0:11:03.080 the fewest they've had in a three game series at 0:11:03.080 --> 0:11:06.640 Fenway Park in more than a century. Barrafio Devers homeward 0:11:06.640 --> 0:11:08.480 for the Socks, and then after the game, Devers, in 0:11:08.559 --> 0:11:12.240 a shocker, got traded to the Giants for some young players. 0:11:12.240 --> 0:11:15.240 Devers within the second year of a ten year contract. 0:11:15.240 --> 0:11:17.320 The Mets at City Field lost at Tampa a nine 0:11:17.400 --> 0:11:20.000 to nothing. The race cord twenty four runs in the 0:11:20.040 --> 0:11:23.120 three games, and when the Phillies trinisto sweep of Toronto, 0:11:23.160 --> 0:11:25.240 they were just three games behind the Mets. They'll play 0:11:25.320 --> 0:11:27.920 Game five of the NBA Finals tonight, the series tied 0:11:27.920 --> 0:11:31.079 at two. They're back at Oklahoma City. But Indiana has 0:11:31.120 --> 0:11:33.200 won seven of its last nine on the road, has 0:11:33.240 --> 0:11:35.680 not lost too in a row in the playoffs. John 0:11:35.720 --> 0:11:37.240 Stashanwer Bloomberg. 0:11:36.760 --> 0:11:39.560 Sports count Nick all right, John, thank you, and Bloomberg 0:11:39.640 --> 0:11:42.480 Daybreak is brought to you by Flushing Bank. Life's more 0:11:42.559 --> 0:11:46.640 rewarding with Flushing Banks complete cash rewards program for personal 0:11:46.679 --> 0:11:50.040 and business accounts. With twenty nine New York metro locations, 0:11:50.040 --> 0:11:54.760 there's nothing more rewarding. Visit Flushingbank dot com member FDI. 0:11:54.480 --> 0:12:01.400 See coast to coast on Bloomberg Radio, I'm serious exam 0:12:01.559 --> 0:12:04.400 and around the world on Bloomberg dot Com and the 0:12:04.400 --> 0:12:07.520 Bloomberg Business App. This is Bloomberg Daybreak. 0:12:07.679 --> 0:12:10.440 Good morning, I'm Nathan Hagar on another morning of intense 0:12:10.520 --> 0:12:14.520 fighting between Israel and Iran. The hostilities have stretched into 0:12:14.559 --> 0:12:18.480 a fourth day. Israeli Prime Minister Benjamin Natanya, who is 0:12:18.480 --> 0:12:22.000 calling the conflict an existential campaign for his country. 0:12:22.400 --> 0:12:24.760 We can't have the world's most dangerous regime have the 0:12:24.760 --> 0:12:26.520 world's most dangerous weapons. 0:12:26.559 --> 0:12:30.440 We're protecting ourselves, but by doing so, we're protecting many others. 0:12:30.679 --> 0:12:33.400 Israeli Prime Minister Benjamin Natanya, who's speaking there for the 0:12:33.520 --> 0:12:36.320 very latest. We are joined by Bloomberg News Israel Bureau 0:12:36.400 --> 0:12:39.840 chief Ethan Bronner in Tel Aviv and Bloomberg Horizons anchor 0:12:40.120 --> 0:12:43.439 Jumana Burceci joining us from Dubai this morning. Good morning 0:12:43.480 --> 0:12:45.280 to both of you. Ethan, I'll start off with you 0:12:45.400 --> 0:12:46.880 just to get us up to speed on what we've 0:12:46.920 --> 0:12:49.400 seen in just the last twenty four hours of fighting. 0:12:49.400 --> 0:12:52.000 Good morning, Good morning Nathan. 0:12:52.640 --> 0:12:57.320 Yes, there were some fairly serious a missile of barraz 0:12:57.440 --> 0:13:00.280 Is here in Israel. I think the people were build 0:13:00.280 --> 0:13:03.040 to day. The number of data and development twenty four 0:13:03.960 --> 0:13:06.560 and some hundreds are injured. 0:13:07.559 --> 0:13:08.720 I think a look. 0:13:08.800 --> 0:13:12.240 Recently where just about a half a mile from my apartment, 0:13:12.520 --> 0:13:15.600 pretty serious baraj missile fell. 0:13:16.640 --> 0:13:20.880 Beyond that. Israel has been attacking increasingly. It says it 0:13:21.360 --> 0:13:25.600 took away it killed the intelligence a chief and his deputy, 0:13:26.200 --> 0:13:28.400 and has expanded its attacks as well. 0:13:29.080 --> 0:13:31.520 And Jumana. What is the extent as far as we 0:13:31.559 --> 0:13:34.319 know of the damage in Iran at this point. Ethan 0:13:34.440 --> 0:13:38.200 just mentioned that another senior Iranian military official has been 0:13:38.280 --> 0:13:41.720 killed as well. What is the possibility that Iran can 0:13:41.720 --> 0:13:43.920 mount a major response to what's been happening. 0:13:44.320 --> 0:13:47.280 Yeah, if you look at the approach that Israel's Air 0:13:47.280 --> 0:13:51.080 Force has been taken, they've been looking to target strategic bases, 0:13:51.400 --> 0:13:54.200 be they some of the military bases, the surface to 0:13:54.280 --> 0:13:58.520 air launcher, surface to air missile launch launchers have be targeted. 0:13:58.760 --> 0:14:01.640 Some of those nuclear sites as well. The IA saying 0:14:02.040 --> 0:14:04.440 over the course of the weekend that Isfahan, which is 0:14:04.480 --> 0:14:07.679 one of the actually the only uranium conversion facility that 0:14:07.679 --> 0:14:12.559 Iran has, was severely impacted and will set back their 0:14:12.600 --> 0:14:16.400 ability to continue with the uranium enrichment process by several months. 0:14:16.440 --> 0:14:20.160 So an operational success if you want to call it 0:14:20.240 --> 0:14:24.360 from Israeli perspective there, But then in terms of intelligence 0:14:24.360 --> 0:14:27.040 penetration as well, we talked about the fact that the 0:14:27.080 --> 0:14:33.200 operation itself was months of worth of preparation, and on 0:14:33.240 --> 0:14:37.119 the back of that you've seen some senior leaders, commanders 0:14:37.160 --> 0:14:40.040 from the Revolutionary Guard get taken out. The numbers now 0:14:40.160 --> 0:14:43.440 stands at six alongside some of those nuclear scientists as well, 0:14:43.480 --> 0:14:47.640 who were key to the technological and scientific know how 0:14:47.720 --> 0:14:48.880 with the nuclear development. 0:14:49.160 --> 0:14:51.640 And so from a military. 0:14:51.120 --> 0:14:55.880 Standpoint, defense standpoints, and also intelligence standpoint, you could say 0:14:55.960 --> 0:14:59.200 that Israel has had a lot of operational success so 0:14:59.320 --> 0:15:02.120 far and the f four days of this conflict, and we're. 0:15:01.920 --> 0:15:05.720 Just hearing from Israeli sources that they claim that they've 0:15:05.760 --> 0:15:10.320 achieved aerial superiority now over Tehran Ethan. Of course, we've 0:15:10.320 --> 0:15:13.000 heard from Israeli Prime Minister at Natan Yahoo that the 0:15:13.040 --> 0:15:16.720 goal is to take out Iran's nuclear capability. What does 0:15:16.760 --> 0:15:19.280 that suggest about how long this fighting could go on? 0:15:21.680 --> 0:15:25.320 I mean, the problem is that Israel alone cannot take 0:15:25.360 --> 0:15:28.600 out Around's nuclear capability, at least as far as we know. 0:15:28.680 --> 0:15:30.360 I mean, as you say, they now say they have 0:15:30.480 --> 0:15:35.160 aerial freedom, and so maybe they could you plant their 0:15:35.240 --> 0:15:39.280 F fifteen's or F thirty five's and just pop, pop pop. 0:15:40.000 --> 0:15:43.080 But it seems unlikely that they could get into Florida, 0:15:43.160 --> 0:15:46.400 which is deep, deep into a mountain, so it's very 0:15:46.400 --> 0:15:49.480 hard to tell. I'm being told that there's intense diplomatic 0:15:49.520 --> 0:15:52.560 effort both the Russians the Americans and others are trying 0:15:52.920 --> 0:15:56.760 to get somewhere here to make this thing not go forward. 0:15:57.120 --> 0:16:00.200 But just today, this National Scurity Advisor it is we're 0:16:00.200 --> 0:16:03.040 all said on the radio that Auranseil has thousands of 0:16:03.120 --> 0:16:06.280 ballistic missiles. If that's true, this could go on for 0:16:06.360 --> 0:16:07.200 weeks and months. 0:16:07.800 --> 0:16:11.000 Juwana, From your perspective, what is the possibility of a 0:16:11.320 --> 0:16:14.840 diplomatic breakthrough here? We've heard from President Trump on his 0:16:14.920 --> 0:16:17.880 way to the G seven saying that it might take 0:16:17.960 --> 0:16:21.560 a little bit more fighting between Israel and Iran before 0:16:21.680 --> 0:16:22.960 there is a resolution. 0:16:23.560 --> 0:16:26.280 Yeah, and I mean also in that same post, President 0:16:26.280 --> 0:16:29.600 Trump also spoke about Iran and Israel should make a deal, 0:16:29.640 --> 0:16:31.760 and we'll make a deal. But then that many calls 0:16:31.760 --> 0:16:33.720 and meetings are taking place. So we know is that 0:16:33.760 --> 0:16:36.680 many of the Arab GCC states are actively trying to 0:16:36.680 --> 0:16:40.600 intervene here. Iran called on Cutter, have been playing a 0:16:41.000 --> 0:16:45.200 key mediation role in those Iran US nuclear discussions. Remember 0:16:45.240 --> 0:16:47.840 the sixth round of talks we're supposed to take place yesterday, 0:16:47.880 --> 0:16:48.920 They no longer happened. 0:16:49.200 --> 0:16:51.120 But as we understand now. 0:16:51.440 --> 0:16:55.240 Aman and Kuta are getting actively involved again to restart 0:16:55.280 --> 0:16:58.360 those discussions now seemingly because Iran is on the back foot, 0:16:58.480 --> 0:17:00.720 maybe they'd be more amiable to some of the terms 0:17:00.760 --> 0:17:03.000 that the US are putting out. Saudi Arabia at their 0:17:03.040 --> 0:17:05.760 part as well, I should just say two. I think 0:17:05.760 --> 0:17:08.040 it is notable that even though there's been an intensification 0:17:08.080 --> 0:17:10.119 of strikes between the two sides over the course of 0:17:10.160 --> 0:17:14.040 the weekend, there hasn't been a broadening out into the 0:17:14.160 --> 0:17:15.560 region so to speak. 0:17:16.600 --> 0:17:18.120 The energy infrastructure. 0:17:18.200 --> 0:17:21.120 Yes, there were a few facilities that were set alight 0:17:21.240 --> 0:17:24.760 over the course of the weekend, but still no major 0:17:25.160 --> 0:17:29.040 energy exporting facilities have been hit, none of the shipping 0:17:29.080 --> 0:17:31.840 lanes in the Strait of Hormos have been disrupted, and 0:17:31.920 --> 0:17:34.600 of course US bases have been spared. At this point 0:17:34.640 --> 0:17:38.320 in time, so remains to be seen whether the diplomatic 0:17:38.359 --> 0:17:41.359 channel will be successful, but for now, the attacks are 0:17:41.400 --> 0:17:45.160 focused on the bilateral kind as opposed to Iran taking 0:17:45.160 --> 0:17:47.479 it one step further and the risk of bringing in 0:17:48.280 --> 0:17:50.520 the broader region into the conflict as well. 0:17:50.560 --> 0:17:53.040 From your perspective, Ethan, what are you seeing in terms 0:17:53.040 --> 0:17:55.360 of the kind of leverage that the US could have 0:17:55.560 --> 0:18:00.879 over Israel as it continues strategically a long with the 0:18:01.320 --> 0:18:05.560 fighting against Iran. We heard the President or we heard 0:18:05.560 --> 0:18:10.000 some reports that the President had discouraged Israel from going 0:18:10.040 --> 0:18:13.159 after the iatola when he had the chance. What are 0:18:13.160 --> 0:18:13.639 you hearing? 0:18:14.960 --> 0:18:17.399 Yes, Look, I mean I think that there is a 0:18:17.440 --> 0:18:20.240 sort of a double game, not surprisedly being played by 0:18:20.280 --> 0:18:22.960 President Trump here on the one hand, taking a public 0:18:23.000 --> 0:18:25.760 posture against this kind of action. On the other hand, 0:18:25.880 --> 0:18:29.280 from everything we've been able to learn privately saying to Ntonia, 0:18:29.359 --> 0:18:31.200 who go ahead and do what you have to do, 0:18:31.760 --> 0:18:35.080 I think that Israeli and a US interests do overlap 0:18:35.160 --> 0:18:37.800 to some extent here. Neither wants to see a nuclear 0:18:37.840 --> 0:18:42.399 weapon in the hands of this Iranian regime. So in 0:18:42.480 --> 0:18:47.040 terms of you know what kind of ability Trump has 0:18:47.119 --> 0:18:49.560 over in Tennaaro, he's an enormous amount in the sense 0:18:49.600 --> 0:18:51.960 that Israel does not want to be taking these actions 0:18:52.200 --> 0:18:55.439 without the agreement of the United States, and ultimately it 0:18:55.520 --> 0:18:56.800 can't do what it. 0:18:56.720 --> 0:18:59.080 Needs to do without the help of the United States. 0:18:59.119 --> 0:19:01.359 So a lot, but I think, but the point is 0:19:01.400 --> 0:19:05.080 that we don't know exactly what Trump wants out of 0:19:05.119 --> 0:19:08.600 this operation, and my impression is he's doing both things 0:19:08.600 --> 0:19:09.040 at once. 0:19:10.280 --> 0:19:15.359 Jumana Iran is reportedly moving toward no longer following the 0:19:15.480 --> 0:19:19.200 Nuclear non Proliferation Treaty. Now we've been hearing those reports 0:19:19.240 --> 0:19:21.600 as well. Where could this go from here? 0:19:22.400 --> 0:19:25.480 Yeah, and I think that is really important to know 0:19:25.760 --> 0:19:27.680 in the run up to the attacks that took place 0:19:27.720 --> 0:19:31.720 on Friday, because it wasn't a coincidence that that also 0:19:31.800 --> 0:19:35.919 coincided with the IA report suggesting that for the first 0:19:35.920 --> 0:19:41.600 time in decades, Iran was breaching some of the requirements 0:19:41.640 --> 0:19:44.720 as put out by the Non Proliferation Treaty. They also 0:19:45.080 --> 0:19:48.520 announced that they were setting up yet another uranium enrichment facility, 0:19:48.800 --> 0:19:51.880 so had been testing the waters for a while, which 0:19:51.920 --> 0:19:54.800 is why ultimately you did end up getting the response 0:19:54.840 --> 0:19:58.480 out of Israel and the surprise attack from the ranium 0:19:58.520 --> 0:20:02.399 perspective on Thursday evening. But it would constitute a major 0:20:02.440 --> 0:20:07.040 development and also just in terms of the ultimate objective 0:20:07.320 --> 0:20:11.960 of this war or the series of attacks, which is 0:20:12.000 --> 0:20:15.800 to stop Iran from developing the means of getting a 0:20:15.880 --> 0:20:19.040 nuclear weapon. If they start pulling out of these treaties 0:20:19.080 --> 0:20:22.760 and don't allow for instruction, inspections are monitoring the whole 0:20:22.840 --> 0:20:26.280 thing could backfire, and some analysts are saying that the 0:20:26.400 --> 0:20:29.520 reaction to this out of Iran could be even more hawkish. 0:20:29.560 --> 0:20:33.240 It could actually even encourage them more so to develop 0:20:33.280 --> 0:20:35.680 a nuclear weapon they had in the past, say than 0:20:35.760 --> 0:20:39.439 if the US and Iran did manage to agree to 0:20:39.480 --> 0:20:41.560 the terms of a new nuclear deal. 0:20:41.720 --> 0:20:43.840 So all of that is up for question now. 0:20:44.000 --> 0:20:46.400 And ethan, if that were to be the case, does 0:20:46.400 --> 0:20:49.159