1 00:00:02,520 --> 00:00:05,680 Speaker 1: Good morning. I maybe Morris and I'm Karen Moscow. Here 2 00:00:05,680 --> 00:00:09,600 Speaker 1: are the stories we're following today. President Biden has landed 3 00:00:09,640 --> 00:00:12,799 Speaker 1: in Israel. He spoke earlier this morning with Israeli Prime 4 00:00:12,800 --> 00:00:16,400 Speaker 1: Minister Benjamin Netan Yahoo and explained why it was important 5 00:00:16,400 --> 00:00:17,320 Speaker 1: he made the trip. 6 00:00:17,520 --> 00:00:22,040 Speaker 2: Continuely said and outraged by the explosion at the hospital 7 00:00:22,079 --> 00:00:25,160 Speaker 2: in Cosy yesterday. It's based on what I've seen, that 8 00:00:25,239 --> 00:00:28,680 Speaker 2: appears as row he was done by the other team. 9 00:00:30,680 --> 00:00:32,840 Speaker 1: And that was President Biden who was telling Prime Minister 10 00:00:32,960 --> 00:00:36,080 Speaker 1: Nettan Yaho that the explosion at the Gaza hospital again 11 00:00:36,120 --> 00:00:38,720 Speaker 1: appears to have been done quote by the other team, 12 00:00:38,800 --> 00:00:42,200 Speaker 1: not you. Netan Yaho thanked President Biden for his visit. 13 00:00:42,520 --> 00:00:45,760 Speaker 3: Mister President, for the people of Israel, There's only one 14 00:00:45,760 --> 00:00:50,159 Speaker 3: thing better than having a true friend like you standing 15 00:00:50,200 --> 00:00:54,280 Speaker 3: with Israel, and that is having you standing in Israel. 16 00:00:54,600 --> 00:00:57,080 Speaker 3: Your visit here is the first visit of an American 17 00:00:57,120 --> 00:01:01,760 Speaker 3: president in Israel at a time of war. It is deeply, 18 00:01:02,120 --> 00:01:03,160 Speaker 3: deeply moving. 19 00:01:03,960 --> 00:01:06,880 Speaker 1: Prime Minister Natan Yaho and President Biden will hold meetings 20 00:01:06,959 --> 00:01:07,880 Speaker 1: the rest of the morning. 21 00:01:08,360 --> 00:01:11,440 Speaker 4: President Biden's visit comes following that explosion at a Gaza 22 00:01:11,480 --> 00:01:14,680 Speaker 4: City hospital that killed at least five hundred people, both 23 00:01:14,760 --> 00:01:17,720 Speaker 4: sides blaming each other for that. Daniel Gary is an 24 00:01:17,760 --> 00:01:19,400 Speaker 4: Israeli military spokesperson. 25 00:01:19,600 --> 00:01:24,080 Speaker 5: An analysis of the idea for operational systems indicates that 26 00:01:24,160 --> 00:01:27,759 Speaker 5: a barrage of rockets was fired by terrorists in Gaza, 27 00:01:28,319 --> 00:01:32,880 Speaker 5: passing in close proximity to the Elhali al Mahdi hospital 28 00:01:32,920 --> 00:01:36,600 Speaker 5: in Gaza that the time it was hit. Intelligence from 29 00:01:36,720 --> 00:01:41,039 Speaker 5: few sources that we have in our hands indicates that 30 00:01:41,120 --> 00:01:44,919 Speaker 5: the Islamic Giad is responsible for the failed rocket launch 31 00:01:45,400 --> 00:01:47,400 Speaker 5: which hit the hospital in Gaza. 32 00:01:47,520 --> 00:01:50,720 Speaker 4: The Israeli military says in the past conflicts, around twenty 33 00:01:50,720 --> 00:01:54,280 Speaker 4: percent of rockets launched by Gaza militants misfire and land 34 00:01:54,280 --> 00:01:57,560 Speaker 4: in their own territory. Mahmouda Boss, the President of the 35 00:01:57,560 --> 00:02:01,760 Speaker 4: Palestinian Authority, is clear on where he believes the blame lies. 36 00:02:02,320 --> 00:02:02,640 Speaker 4: I got. 37 00:02:02,760 --> 00:02:05,440 Speaker 6: What happened tonight is a great tragedy and a horrifying 38 00:02:06,080 --> 00:02:08,800 Speaker 6: war massacre that cannot be ignored or allowed to pass 39 00:02:08,800 --> 00:02:13,040 Speaker 6: without accountability. Disaggression against our people must stop and these 40 00:02:13,040 --> 00:02:14,880 Speaker 6: crimes must come to an end. 41 00:02:15,200 --> 00:02:18,280 Speaker 4: Mac Budabas is President of the Palaestining and Authority, speaking 42 00:02:18,320 --> 00:02:19,200 Speaker 4: through an interpreter. 43 00:02:19,880 --> 00:02:24,280 Speaker 1: Well after the hospital explosion, amy President Biden's schedule meetings 44 00:02:24,280 --> 00:02:27,840 Speaker 1: with Arab leaders were canceled. One Biden administration official says 45 00:02:27,840 --> 00:02:30,040 Speaker 1: the decision to cancel the Jordan part of the trip 46 00:02:30,200 --> 00:02:33,960 Speaker 1: was mutual. National Security spokesman John Kirby is traveling with 47 00:02:34,040 --> 00:02:36,880 Speaker 1: the President and he says Biden is meeting with Israeli 48 00:02:36,880 --> 00:02:40,000 Speaker 1: Prime Minister Benjamin and Yahoo to discuss, among other things, 49 00:02:40,200 --> 00:02:41,600 Speaker 1: that deadly hospital blast. 50 00:02:41,800 --> 00:02:45,720 Speaker 7: These outraged said, we're all shocked by the horrific loss 51 00:02:45,720 --> 00:02:46,120 Speaker 7: of life. 52 00:02:46,200 --> 00:02:48,880 Speaker 8: The numbers are staggering for a single event. 53 00:02:48,880 --> 00:02:51,960 Speaker 1: And Kirby says humanitarian aid for Gaza is also top 54 00:02:52,000 --> 00:02:52,639 Speaker 1: of the agenda. 55 00:02:52,800 --> 00:02:55,960 Speaker 9: We want to see humanitarian assistants flow in and it's 56 00:02:56,000 --> 00:02:57,040 Speaker 9: not just a one and done. 57 00:02:57,080 --> 00:02:59,320 Speaker 10: We want to see it be able to be sustained. 58 00:02:58,960 --> 00:03:04,240 Speaker 1: Food, water, obviously, electrical power, medicine, all the things. 59 00:03:03,960 --> 00:03:06,919 Speaker 10: That the people of Gaza are going to continue to need. 60 00:03:07,320 --> 00:03:10,200 Speaker 1: National Security spokesman John Kirby says the President will also 61 00:03:10,280 --> 00:03:12,960 Speaker 1: meet with Israeli first responders and families of those who 62 00:03:13,000 --> 00:03:15,280 Speaker 1: lost or taken hostage in the Hamas assault. 63 00:03:15,840 --> 00:03:19,800 Speaker 4: The hospital explosion will complicate efforts to contain the conflict. 64 00:03:19,880 --> 00:03:23,280 Speaker 4: Daniel Kurtzer is the former US Ambassador to Israel. 65 00:03:23,480 --> 00:03:27,520 Speaker 11: The trading of blame doesn't change the fact that hundreds 66 00:03:27,560 --> 00:03:30,519 Speaker 11: of people have been killed, and the president will be 67 00:03:30,639 --> 00:03:35,160 Speaker 11: landing in the midst of an escalation in the humanitarian disaster, 68 00:03:35,360 --> 00:03:38,080 Speaker 11: which does change the narrative. So it's going to be 69 00:03:38,080 --> 00:03:41,680 Speaker 11: a much more challenging trip than even it was before 70 00:03:42,120 --> 00:03:42,640 Speaker 11: this event. 71 00:03:43,120 --> 00:03:46,840 Speaker 4: Former US Ambassador to Israel Daniel Kurtzer made those comments 72 00:03:46,840 --> 00:03:49,240 Speaker 4: on Bloomberg's balance of power well. 73 00:03:49,160 --> 00:03:52,160 Speaker 1: L amy overshadowed by Israel's conflict with Hamas is a 74 00:03:52,200 --> 00:03:55,120 Speaker 1: meeting this morning between Russian leader of Vladimir Putin and 75 00:03:55,320 --> 00:03:58,480 Speaker 1: China's Shijin Ping in Beijing. They were both there to 76 00:03:58,480 --> 00:04:01,800 Speaker 1: mark the tenth anniversary of China Global Infrastructure Push, and 77 00:04:01,840 --> 00:04:03,600 Speaker 1: here's Putin speaking through an interpreter. 78 00:04:04,200 --> 00:04:08,960 Speaker 12: Russia and China, as well as the majority of states 79 00:04:09,000 --> 00:04:12,640 Speaker 12: of the world, share the aspiration for exo and mutually 80 00:04:12,680 --> 00:04:19,359 Speaker 12: beneficial corporation in order to reach comprehensive, sustainable and launch 81 00:04:19,480 --> 00:04:21,560 Speaker 12: term economic progress. 82 00:04:21,520 --> 00:04:25,000 Speaker 1: And Russian leader Vladimir Putin endorses She's Signature, Built and 83 00:04:25,040 --> 00:04:28,159 Speaker 1: Wrote initiative as a sweeping alternative to the US led 84 00:04:28,200 --> 00:04:29,120 Speaker 1: world order. 85 00:04:29,240 --> 00:04:30,960 Speaker 4: And back in the US, we want to update you 86 00:04:31,000 --> 00:04:33,160 Speaker 4: on the latest developments on the battle for the Speaker 87 00:04:33,200 --> 00:04:36,000 Speaker 4: of the House. It appears Congressman Jim Jordan's bid maybe 88 00:04:36,040 --> 00:04:38,280 Speaker 4: in trouble. Bloomberg's ed Baxter with the latest. 89 00:04:38,600 --> 00:04:41,800 Speaker 13: The first round vote was an unmistakable rebuff. He lost 90 00:04:42,000 --> 00:04:44,799 Speaker 13: much worse than Kevin McCarthy did in his voting rounds. 91 00:04:45,160 --> 00:04:48,440 Speaker 13: He will need to flip sixteen votes to gain the gabble, 92 00:04:48,800 --> 00:04:51,479 Speaker 13: and a second round has been scheduled for eleven o'clock 93 00:04:51,720 --> 00:04:55,240 Speaker 13: Washington time this morning. Jordan has been working the phones, 94 00:04:55,279 --> 00:04:58,000 Speaker 13: but the objections being expressed are the fears of how 95 00:04:58,040 --> 00:05:01,680 Speaker 13: he will govern and ties with Donald Trump. Ad Baxter, 96 00:05:01,680 --> 00:05:02,800 Speaker 13: Bloomberg Radio. 97 00:05:02,760 --> 00:05:03,520 Speaker 10: All right, and thank you. 98 00:05:03,560 --> 00:05:05,880 Speaker 1: Turning to the markets, earnings continue to roll in, with 99 00:05:05,920 --> 00:05:08,400 Speaker 1: more than twenty companies in the S and P five hundred, 100 00:05:08,400 --> 00:05:11,920 Speaker 1: including Netflix and Tesla, reporting well. Also here from Morgan 101 00:05:12,000 --> 00:05:15,320 Speaker 1: Stanley this morning. Morgan Stanley's earnings come a day after 102 00:05:15,360 --> 00:05:18,479 Speaker 1: Bank of America reported its best third quarter results in 103 00:05:18,520 --> 00:05:22,120 Speaker 1: more than a decade. CEO Brian moynihan tells Bloomberg he 104 00:05:22,200 --> 00:05:25,560 Speaker 1: sees the feed achieving its goal of slowing consumer spending. 105 00:05:26,200 --> 00:05:28,560 Speaker 14: Frankly, the FED has won the battle of the American 106 00:05:28,560 --> 00:05:31,960 Speaker 14: consumer and they're slowing down. And the question is what 107 00:05:32,040 --> 00:05:34,880 Speaker 14: happens next to can't predict, but this this is a 108 00:05:34,920 --> 00:05:37,200 Speaker 14: four trillion dollar base three to four hundred million dollars 109 00:05:37,400 --> 00:05:39,360 Speaker 14: of months, So think about it's hard to move around 110 00:05:39,400 --> 00:05:41,200 Speaker 14: a lot. So once it slows this level, it's probably 111 00:05:41,200 --> 00:05:41,760 Speaker 14: not going to kick. 112 00:05:41,720 --> 00:05:42,280 Speaker 10: Right back up. 113 00:05:42,440 --> 00:05:45,760 Speaker 1: And Bank of America's CEO Brian moynihan says more affluent 114 00:05:45,839 --> 00:05:49,719 Speaker 1: customers are now shifting excess savings to products. 115 00:05:49,240 --> 00:05:52,839 Speaker 10: With higher yields. And this is Bloomberg. 116 00:05:57,839 --> 00:05:59,480 Speaker 4: Thank you Kier in time NOL for a look at 117 00:05:59,480 --> 00:06:02,080 Speaker 4: some of the other stories making news around the world. 118 00:06:02,120 --> 00:06:05,240 Speaker 4: For that, we're joined by Bloomberg's John Tucker. Good morning, John, 119 00:06:05,560 --> 00:06:06,280 Speaker 4: Good morning Amy. 120 00:06:06,320 --> 00:06:11,119 Speaker 8: Tuesday's hospital blasted Gaza City, triggering protests across the Middle 121 00:06:11,160 --> 00:06:15,800 Speaker 8: East overnight, from the West Bank to bay Rout and 122 00:06:15,920 --> 00:06:19,000 Speaker 8: east to Jordan. Some trying to storm the Israeli embassy 123 00:06:19,000 --> 00:06:22,239 Speaker 8: in i'm On. Security forces used tear gas to disperse 124 00:06:22,279 --> 00:06:25,960 Speaker 8: the crowd there. Protesters in Iran also marched outside the 125 00:06:26,000 --> 00:06:30,880 Speaker 8: French and British embassies, setting fire to Israel's flag Former 126 00:06:30,920 --> 00:06:33,360 Speaker 8: President Donald Trump returned to his two hundred and fifty 127 00:06:33,360 --> 00:06:36,640 Speaker 8: million dollar civil fraud trial in New York yesterday, still 128 00:06:36,720 --> 00:06:39,880 Speaker 8: fuming about the partial gag order issued Monday in his 129 00:06:40,000 --> 00:06:44,360 Speaker 8: election interferous case in Washington that he's now appealing now 130 00:06:44,440 --> 00:06:45,359 Speaker 8: a candidate is. 131 00:06:45,440 --> 00:06:48,200 Speaker 13: Running for office and I'm not allowed to spee. 132 00:06:49,160 --> 00:06:52,120 Speaker 8: A judge, Tanya Chunkin wrote she cannot imagine any other 133 00:06:52,160 --> 00:06:54,680 Speaker 8: criminal case in which the defendant is permitted to call 134 00:06:54,720 --> 00:06:58,279 Speaker 8: the prosecutor deranged or a thug. In addition to his 135 00:06:58,440 --> 00:07:00,560 Speaker 8: civil case in New York, Trump has face ing four 136 00:07:00,680 --> 00:07:04,719 Speaker 8: criminal cases. Another member of Sam Bankman Freed's inner circle 137 00:07:04,880 --> 00:07:07,239 Speaker 8: took to the stand in the fraud and conspiracy trial 138 00:07:07,279 --> 00:07:11,240 Speaker 8: of the FTX founder. Nishan Singh testified for a second day, 139 00:07:11,680 --> 00:07:14,680 Speaker 8: telling a New York cortroom he was uncomfortable with the 140 00:07:14,920 --> 00:07:20,160 Speaker 8: super ostentageous thirty million dollar Bahamas penthouse the company bought 141 00:07:20,160 --> 00:07:24,000 Speaker 8: as a corporate crash pad. Singh frequently said he disapproved 142 00:07:24,000 --> 00:07:28,800 Speaker 8: of Bankman Freed's actions, but didn't always take action. Russian 143 00:07:28,840 --> 00:07:32,680 Speaker 8: President Vladimir Putin accepting an invitation from Vietnam's president to 144 00:07:32,760 --> 00:07:36,040 Speaker 8: visit the Southeast Asian country. Soon. That's according to a 145 00:07:36,080 --> 00:07:39,960 Speaker 8: post on Vietnam's government website. The visit would follow President 146 00:07:39,960 --> 00:07:43,840 Speaker 8: Biden's trip to Hanaui in September, during which Vietnam formally 147 00:07:43,960 --> 00:07:48,280 Speaker 8: upgraded ties with the US to a comprehensive strategic partnership. 148 00:07:48,920 --> 00:07:52,760 Speaker 8: Texas Attorney General Ken Paxton's office says it's reviewing whether 149 00:07:53,120 --> 00:07:57,240 Speaker 8: ten financial companies, including Bank of America and JP Morgan Chase, 150 00:07:57,560 --> 00:08:01,920 Speaker 8: violate a Republican backed state law punishes firms for restricting 151 00:08:02,000 --> 00:08:04,880 Speaker 8: their work with the oil and gas industry because of 152 00:08:05,000 --> 00:08:08,600 Speaker 8: climate change concerns. The prohib is one of Paxston's first 153 00:08:08,720 --> 00:08:12,119 Speaker 8: major actions since his return to the Attorney General's office 154 00:08:12,160 --> 00:08:17,080 Speaker 8: after facing impeachment proceedings earlier this year. Global News twenty 155 00:08:17,080 --> 00:08:19,360 Speaker 8: four hours a day, Power buy more than twenty seven 156 00:08:19,440 --> 00:08:21,760 Speaker 8: hundred journalists and analysts in more than one hundred and 157 00:08:21,760 --> 00:08:25,720 Speaker 8: twenty countries. I'm John Tucker, and this is Bloomberg Amy. 158 00:08:26,000 --> 00:08:27,880 Speaker 4: Thank you John. We bring you news throughout the day 159 00:08:27,920 --> 00:08:29,840 Speaker 4: here on Bloomberg Radio. But now you can get the 160 00:08:29,880 --> 00:08:32,760 Speaker 4: latest news on demand whenever you want it. Subscribe to 161 00:08:32,760 --> 00:08:35,120 Speaker 4: Bloomberg News Now to get the latest headlines at the 162 00:08:35,160 --> 00:08:38,480 Speaker 4: click of a button. Get informed on your schedule. Listen 163 00:08:38,520 --> 00:08:41,680 Speaker 4: and subscribe to Bloomberg News Now on the Bloomberg Business app, 164 00:08:41,679 --> 00:08:45,439 Speaker 4: Bloomberg dot com, plus Apple, Spotify, and anywhere else you 165 00:08:45,520 --> 00:08:52,640 Speaker 4: get your podcasts. Time now for the Sports Report, brought 166 00:08:52,679 --> 00:08:54,360 Speaker 4: to you by Tri State Audi. For that, we bring 167 00:08:54,400 --> 00:08:55,240 Speaker 4: in John stash Hour. 168 00:08:55,360 --> 00:08:55,920 Speaker 13: Thanks Amy. 169 00:08:56,000 --> 00:08:58,360 Speaker 7: Second year in a row where the Phillies couldn't win 170 00:08:58,400 --> 00:09:00,839 Speaker 7: the division can't lose once they get to the National 171 00:09:00,920 --> 00:09:03,200 Speaker 7: League Playoffs. Yeargo, they finished third in the nl He 172 00:09:03,240 --> 00:09:06,160 Speaker 7: still won the pennant this season, fourteen games behind Atlanta, 173 00:09:06,480 --> 00:09:08,400 Speaker 7: but they beat the praise of the division series and 174 00:09:08,400 --> 00:09:11,439 Speaker 7: they're now up to nothing on Arizona in the NLCS. 175 00:09:11,520 --> 00:09:14,160 Speaker 7: The Phils one game two, ten to up, being two 176 00:09:14,160 --> 00:09:16,640 Speaker 7: home runs for Kyle Schwarber. The Phillies are seven to 177 00:09:16,760 --> 00:09:20,040 Speaker 7: one this postseason. Texas Rangers are seven and oh. They 178 00:09:20,080 --> 00:09:23,040 Speaker 7: host Houston tonight. Came three of the ALCS, and Max 179 00:09:23,080 --> 00:09:26,040 Speaker 7: Surzer starts for Texas, back from injury. Hasn't pitched in 180 00:09:26,080 --> 00:09:28,640 Speaker 7: more than a month. Speaking of injuries, Aaron Rodgers has 181 00:09:28,640 --> 00:09:30,319 Speaker 7: a torn achilles expected. 182 00:09:29,920 --> 00:09:30,720 Speaker 13: To end his season. 183 00:09:30,760 --> 00:09:33,200 Speaker 7: While Rodgers told the ESPN yesterday that he still has 184 00:09:33,559 --> 00:09:37,160 Speaker 7: many hurdles to clear before playing his Jets, cook Robert 185 00:09:37,200 --> 00:09:40,000 Speaker 7: Salas said, if anyone can do it, it's Roger. 186 00:09:40,520 --> 00:09:43,240 Speaker 15: He's definitely one of those individuals who's fueled by doubt. 187 00:09:43,840 --> 00:09:45,800 Speaker 15: You know, if you doubt him, it only makes him 188 00:09:45,840 --> 00:09:50,520 Speaker 15: stronger because he's got this Oh you're telling me I 189 00:09:50,520 --> 00:09:52,079 Speaker 15: can't do something. I'm going to show you I can 190 00:09:52,520 --> 00:09:58,200 Speaker 15: and he's going to prove you wrong. And so he's 191 00:09:58,240 --> 00:10:00,760 Speaker 15: got a tremendous drive and a tremendous mind to them. 192 00:10:00,880 --> 00:10:04,240 Speaker 7: Jetzeba Byewake Giants. Sunday hosts Washington Giants, and two home 193 00:10:04,240 --> 00:10:06,680 Speaker 7: games this season have been outscored sixty four to three. 194 00:10:06,679 --> 00:10:07,320 Speaker 10: At the You Yes. 195 00:10:07,280 --> 00:10:10,240 Speaker 7: Arena, Matthew Barzels scored on the powerplay second period that 196 00:10:10,360 --> 00:10:12,640 Speaker 7: was ed Islanders a one nothing went over Arizona and 197 00:10:12,679 --> 00:10:15,160 Speaker 7: Boston Celtics won a preseason game from the Knicks, who 198 00:10:15,200 --> 00:10:17,920 Speaker 7: sat out most of their top players. Nixon Celtics will 199 00:10:17,960 --> 00:10:21,040 Speaker 7: tip off the regular season one week from tonight at 200 00:10:21,040 --> 00:10:24,040 Speaker 7: the Garden at Barkley is Tonight, Game four the WNBA Finals. 201 00:10:24,040 --> 00:10:27,040 Speaker 7: The Aces lead the Liberty to one for Las Vegas 202 00:10:27,040 --> 00:10:28,880 Speaker 7: another chance to win the championship. 203 00:10:29,120 --> 00:10:31,160 Speaker 10: John Stashwer in Bloomberg Sports. 204 00:10:33,600 --> 00:10:36,640 Speaker 9: From coast to coast, from New York to San Francisco, 205 00:10:36,920 --> 00:10:41,600 Speaker 9: Boston to Washington, DC, nationwide on Syrias XAM, the Bloomberg 206 00:10:41,640 --> 00:10:45,800 Speaker 9: Business Appen Bloomberg dot Com. This is Bloomberg day Break. 207 00:10:46,960 --> 00:10:50,400 Speaker 4: Good morning, I Amy Morris. President Biden is in Israel 208 00:10:50,520 --> 00:10:52,959 Speaker 4: on a trip that will likely be overshadowed by an 209 00:10:53,000 --> 00:10:55,640 Speaker 4: air strike on a hospital in Gaza. Let's bring in 210 00:10:55,679 --> 00:10:59,200 Speaker 4: Bloomberg's Roz Matheson in London with the latest en Roz. 211 00:10:59,240 --> 00:11:01,880 Speaker 4: As you know, earlier this morning, the President already had 212 00:11:01,880 --> 00:11:05,520 Speaker 4: a sit down with Israeli Prime Minister Benjamin Netanyahoo and 213 00:11:05,720 --> 00:11:09,200 Speaker 4: during those comments he said, quote it appears it was 214 00:11:09,240 --> 00:11:12,000 Speaker 4: done by the other team and not you. Our reference 215 00:11:12,000 --> 00:11:15,040 Speaker 4: of course to that air strike on a hospital in Gaza. 216 00:11:15,080 --> 00:11:17,880 Speaker 4: Where does that leave things now as far as the 217 00:11:17,880 --> 00:11:21,480 Speaker 4: President walking this type wrote between showing support for Israel 218 00:11:21,760 --> 00:11:25,000 Speaker 4: and at the same time reassuring the people of Palestinian. 219 00:11:25,480 --> 00:11:27,600 Speaker 16: Well, certainly we can expect that he's going to be 220 00:11:27,640 --> 00:11:29,240 Speaker 16: showing strong support for Israel. 221 00:11:29,440 --> 00:11:31,840 Speaker 10: The US is a key ally of Israel. 222 00:11:31,880 --> 00:11:34,800 Speaker 16: They've been sending some military aid in and obviously the 223 00:11:34,840 --> 00:11:37,840 Speaker 16: frenzy of diplomacy being led by the US Secretary of 224 00:11:37,880 --> 00:11:40,720 Speaker 16: State in recent days in the region. But the reality 225 00:11:40,760 --> 00:11:43,360 Speaker 16: is they are also coming up against that rising anger 226 00:11:43,920 --> 00:11:48,079 Speaker 16: in the Arab world about events inside Gaza, the unfolding 227 00:11:48,120 --> 00:11:51,559 Speaker 16: scenes of humanitarian despair there by many people, and now 228 00:11:51,600 --> 00:11:54,800 Speaker 16: this attack on the hospital, and regardless in away of 229 00:11:54,800 --> 00:11:57,600 Speaker 16: what was the cause of it, the narratives are set 230 00:11:57,720 --> 00:12:01,720 Speaker 16: and are hardening very much on either side about it, 231 00:12:02,040 --> 00:12:06,000 Speaker 16: and so Biden making that comment doesn't necessarily change anything 232 00:12:06,400 --> 00:12:09,200 Speaker 16: from the Arab world point of view. We're seeing protests 233 00:12:09,600 --> 00:12:14,880 Speaker 16: breaking out around Israeli buildings and other establishments in the 234 00:12:14,920 --> 00:12:17,960 Speaker 16: Arab world today. We're seeing that also in places like Turkey, 235 00:12:18,360 --> 00:12:21,600 Speaker 16: for example. So certainly it's a very very careful balancing 236 00:12:21,640 --> 00:12:24,520 Speaker 16: act that US President needs to strike here because he 237 00:12:24,559 --> 00:12:27,320 Speaker 16: does want to show support for Israel. Israel was attacked 238 00:12:27,720 --> 00:12:33,120 Speaker 16: by Hamas inside their own lands, with Israeli civilians killed 239 00:12:33,160 --> 00:12:35,640 Speaker 16: and kidnapped as part of that, you know, only a 240 00:12:35,679 --> 00:12:39,040 Speaker 16: few weeks ago, so he does want to sort of 241 00:12:39,040 --> 00:12:42,400 Speaker 16: show support and solidarity for Israel in that moment, but 242 00:12:42,559 --> 00:12:46,480 Speaker 16: also to sort of caution about the unfolding catastrophes that 243 00:12:46,520 --> 00:12:49,400 Speaker 16: we're seeing inside Gars and possibly the risks that might 244 00:12:49,440 --> 00:12:52,760 Speaker 16: be involved from a full scale ground invasion of Gars. 245 00:12:52,760 --> 00:12:56,200 Speaker 16: That both the humanitarian question for those people living there, 246 00:12:56,200 --> 00:12:58,559 Speaker 16: but also the risk it brings in other actors in 247 00:12:58,600 --> 00:12:59,040 Speaker 16: the region. 248 00:13:00,080 --> 00:13:03,520 Speaker 4: Okay, let's talk about that. This looks like it may 249 00:13:03,559 --> 00:13:08,079 Speaker 4: be harder than expected to contain this conflict. It definitely 250 00:13:08,120 --> 00:13:10,200 Speaker 4: complicates efforts. What's the next step? 251 00:13:11,400 --> 00:13:14,000 Speaker 16: Well, that's right, because the US President was scheduled to 252 00:13:14,000 --> 00:13:16,199 Speaker 16: go on to Jordan where he was going to meet 253 00:13:16,240 --> 00:13:21,400 Speaker 16: with various leaders from Egypt, and the Palestinian authority in 254 00:13:21,400 --> 00:13:24,640 Speaker 16: that meeting's now counseled, and so the Jordan leg is off. 255 00:13:24,960 --> 00:13:28,800 Speaker 16: And as I said, there's that rising rhetoric from countries, 256 00:13:28,840 --> 00:13:32,640 Speaker 16: including Egypt and obviously Iran around all of this. 257 00:13:32,880 --> 00:13:34,600 Speaker 10: So what is the off ramp there? 258 00:13:34,760 --> 00:13:38,240 Speaker 16: We know the US is saying this publicly, which is 259 00:13:38,320 --> 00:13:40,200 Speaker 16: unusual for them, that they are doing a lot of 260 00:13:40,200 --> 00:13:44,199 Speaker 16: back channeling at the moment, including with Iran, urging them not. 261 00:13:44,240 --> 00:13:46,040 Speaker 10: To get pulled in, urging them not. 262 00:13:46,000 --> 00:13:48,920 Speaker 16: To use hesblah, which is sort of their tool in 263 00:13:48,920 --> 00:13:52,200 Speaker 16: the region to attack Israel because of that risk of 264 00:13:52,240 --> 00:13:55,439 Speaker 16: a wider conflict. But certainly it seems minute by minute 265 00:13:55,480 --> 00:13:58,880 Speaker 16: the US efforts alongside others there to contain that are 266 00:13:58,920 --> 00:13:59,960 Speaker 16: becoming more and more common. 267 00:14:00,000 --> 00:14:02,760 Speaker 4: Implicated, is that a signal we should be paying attention 268 00:14:02,840 --> 00:14:05,640 Speaker 4: to then, raz that other leaders in the region have 269 00:14:05,840 --> 00:14:08,400 Speaker 4: made this decision to not meet with the president while 270 00:14:08,440 --> 00:14:10,160 Speaker 4: the president is actually there. 271 00:14:11,280 --> 00:14:15,000 Speaker 16: It's very, very difficult in the aftermath of that hospital attack, 272 00:14:15,080 --> 00:14:18,199 Speaker 16: regardless again of what was the cause for them to 273 00:14:18,600 --> 00:14:22,360 Speaker 16: do so, and certainly the Palstian Authority chief made that 274 00:14:22,480 --> 00:14:24,960 Speaker 16: decision a way on behalf of all of them. 275 00:14:25,160 --> 00:14:27,280 Speaker 10: But that doesn't mean that comms are not happening. 276 00:14:27,320 --> 00:14:30,720 Speaker 16: We've seen the German chancellor meeting, we see see of 277 00:14:31,080 --> 00:14:35,320 Speaker 16: Egypt today. There are those comms going on and certainly 278 00:14:35,360 --> 00:14:39,400 Speaker 16: extensively back channeling. But again, just because things are so 279 00:14:39,560 --> 00:14:42,400 Speaker 16: fraught and so tense, the idea of off ramps here 280 00:14:42,480 --> 00:14:43,880 Speaker 16: becomes more complicated. 281 00:14:43,960 --> 00:14:45,120 Speaker 10: And so what does that look like? 282 00:14:45,240 --> 00:14:47,640 Speaker 16: Do you agree in the end that Israel can do 283 00:14:47,720 --> 00:14:52,160 Speaker 16: more targeted attacks on Gaza versus a full scale ground war. 284 00:14:52,320 --> 00:14:55,760 Speaker 16: Is that something that everybody would agree is sort of 285 00:14:55,760 --> 00:14:57,120 Speaker 16: a something of an off. 286 00:14:57,000 --> 00:14:59,840 Speaker 10: Ramp or is the moment for that just passed? Its 287 00:15:00,240 --> 00:15:01,120 Speaker 10: very difficult to know. 288 00:15:01,640 --> 00:15:03,880 Speaker 4: Is that the most the president can accomplish then is 289 00:15:03,920 --> 00:15:07,080 Speaker 4: try to convince other leaders to make sure that this 290 00:15:07,160 --> 00:15:12,960 Speaker 4: does not start to expand and that this is contained instantly. 291 00:15:12,960 --> 00:15:15,360 Speaker 16: The other priority is to try and open some of 292 00:15:15,360 --> 00:15:18,480 Speaker 16: the humanitarian corridors for Gaza, because. 293 00:15:18,200 --> 00:15:21,040 Speaker 10: Right now very little aid is getting in. 294 00:15:21,120 --> 00:15:23,800 Speaker 16: We're talking about people who don't have access to drinking water, 295 00:15:24,160 --> 00:15:27,200 Speaker 16: who need medicines and so on, and also the issue 296 00:15:27,280 --> 00:15:29,000 Speaker 16: of a people who are in gas who want to 297 00:15:29,080 --> 00:15:32,240 Speaker 16: leave and are trying to get out to go through Egypt. 298 00:15:32,280 --> 00:15:34,360 Speaker 16: So big focus of it will be can there be 299 00:15:34,400 --> 00:15:38,720 Speaker 16: a way to safeguard a humanitarian corridor of sorts, and 300 00:15:38,720 --> 00:15:41,560 Speaker 16: then also the imperative of course to try and keep 301 00:15:41,600 --> 00:15:43,240 Speaker 16: things on a cooler footing in the region. 302 00:15:43,240 --> 00:15:47,680 Speaker 4: More broadly, you're listening to Bloomberg Daybreak to day, your 303 00:15:47,760 --> 00:15:50,920 Speaker 4: morning brief on the stories making news from Wall Street 304 00:15:50,960 --> 00:15:52,440 Speaker 4: to Washington and beyond. 305 00:15:52,560 --> 00:15:55,280 Speaker 1: Look for us on your podcast feed at six am 306 00:15:55,400 --> 00:15:59,080 Speaker 1: Eastern each morning, on Apple, Spotify, and anywhere else you 307 00:15:59,120 --> 00:15:59,960 Speaker 1: get your podcast. 308 00:16:00,400 --> 00:16:03,640 Speaker 4: You can also listen live each morning starting at five 309 00:16:03,680 --> 00:16:06,840 Speaker 4: am Wall Street time on Bloomberg eleven three to zero 310 00:16:06,880 --> 00:16:10,080 Speaker 4: in New York, Bloomberg ninety nine to one in Washington, 311 00:16:10,440 --> 00:16:14,040 Speaker 4: Bloomberg one oh sixty one in Boston, and Bloomberg nine 312 00:16:14,160 --> 00:16:15,640 Speaker 4: sixty in San Francisco. 313 00:16:15,920 --> 00:16:19,080 Speaker 1: Our flagship New York station, is also available on your 314 00:16:19,120 --> 00:16:24,200 Speaker 1: Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty. 315 00:16:24,200 --> 00:16:27,560 Speaker 4: Plus listen coast to coast on the Bloomberg Business app, 316 00:16:27,840 --> 00:16:32,240 Speaker 4: Sirius XM Channel one nineteen, the iHeartRadio app, and on 317 00:16:32,280 --> 00:16:35,160 Speaker 4: Bloomberg dot com. I'm Amy Morris. 318 00:16:35,000 --> 00:16:36,200 Speaker 10: And I'm Karen Moscow. 319 00:16:36,400 --> 00:16:39,160 Speaker 1: Join us again tomorrow morning for all the news you 320 00:16:39,280 --> 00:16:42,520 Speaker 1: need to start your day, right here on Bloomberg Daybreak