1 00:00:02,480 --> 00:00:06,800 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:09,800 --> 00:00:12,600 Speaker 2: Good morning, I'm Nathan Hager and I'm John Tucker. Here 3 00:00:12,640 --> 00:00:14,160 Speaker 2: are these stories we're following today. 4 00:00:14,240 --> 00:00:16,840 Speaker 3: John, we begin with the latest on the Israel Hamas war. 5 00:00:17,000 --> 00:00:20,439 Speaker 3: Israeli Prime Minister Benjamin Netanyah, who says his country will 6 00:00:20,440 --> 00:00:23,520 Speaker 3: fight even without US help. He says it must continue 7 00:00:23,520 --> 00:00:28,000 Speaker 3: its offensive against Hamas in the southern Gaza city of Rafa. Ntayah, 8 00:00:28,040 --> 00:00:31,440 Speaker 3: who discussed a potential invasion in an interview on Doctor 9 00:00:31,480 --> 00:00:33,920 Speaker 3: Phil Primetime on Merritt Street Media. 10 00:00:34,360 --> 00:00:37,720 Speaker 4: In the Holocaust, we stood alone, but we were defenseless, 11 00:00:38,200 --> 00:00:43,240 Speaker 4: and today, if Israel has to stand alone, we'll stand alone. 12 00:00:43,880 --> 00:00:47,360 Speaker 3: Benjamin Netanyahu's comments follow President Biden's warning that he will 13 00:00:47,680 --> 00:00:50,839 Speaker 3: pause additional shipments of offensive weapons to Israel if it 14 00:00:50,920 --> 00:00:54,080 Speaker 3: launches an invasion. Netanyah, who says Israel will do its 15 00:00:54,160 --> 00:00:56,720 Speaker 3: utmost to make sure civilians leave Rafa, where more than 16 00:00:56,760 --> 00:00:59,320 Speaker 3: a million people are sheltering, before any attack. 17 00:01:00,120 --> 00:01:03,040 Speaker 2: This morning, Nathan, we're learning the protesters at Harvard are 18 00:01:03,120 --> 00:01:06,319 Speaker 2: vowing to continue to encampment at Harvard Yard. Talks with 19 00:01:06,360 --> 00:01:10,880 Speaker 2: the school administration failed. The protesters demanding Harvard University disclosed 20 00:01:10,880 --> 00:01:13,720 Speaker 2: and divests from companies linked to Israel, or they'll stay 21 00:01:13,840 --> 00:01:17,200 Speaker 2: in their tents and continue and encampment in Harvard Yard. 22 00:01:17,400 --> 00:01:19,959 Speaker 2: That's according to an instagram pulls from the group Harvard 23 00:01:20,040 --> 00:01:24,039 Speaker 2: Out of Occupying Palestine. They posted that the interim president 24 00:01:24,080 --> 00:01:27,119 Speaker 2: Alan Garber rejected that proposal and exchange for taking down 25 00:01:27,160 --> 00:01:30,240 Speaker 2: their encampment. Garver this week Warm protesters they needed to 26 00:01:30,360 --> 00:01:34,160 Speaker 2: end their encampment or face consequences, including suspension. 27 00:01:34,560 --> 00:01:38,880 Speaker 3: Was Israel continues to consider a Rafa invasion. John Whitehouse 28 00:01:38,959 --> 00:01:43,080 Speaker 3: National Security spokesman John Kirby says the Biden administration shares 29 00:01:43,240 --> 00:01:46,880 Speaker 3: Israel's goal of eradicating Hamas, but he says quote smashing 30 00:01:46,920 --> 00:01:51,320 Speaker 3: into Rafa would not advance Israel's aim. Kirby reiterated the 31 00:01:51,400 --> 00:01:53,760 Speaker 3: US as pausing but has not yet canceled a shipment 32 00:01:53,800 --> 00:01:56,640 Speaker 3: of about thirty five hundred bombs. Carmeil Arbitt with the 33 00:01:56,720 --> 00:02:00,920 Speaker 3: Atlantic Council tells Bloomberg, Israel thinks the administrations pauses having 34 00:02:01,080 --> 00:02:03,080 Speaker 3: serious diplomatic ramifications. 35 00:02:03,680 --> 00:02:06,240 Speaker 5: Israel and its supporters have been very quick to point 36 00:02:06,240 --> 00:02:09,440 Speaker 5: out that not only is this emboldening Hamas in the 37 00:02:09,480 --> 00:02:13,960 Speaker 5: context of negotiations where Israel has tried to use RAFA 38 00:02:14,000 --> 00:02:17,400 Speaker 5: as a leveraging tool to push Hamas closer to israel 39 00:02:17,440 --> 00:02:20,480 Speaker 5: Ces fire position. But it also sends a message to 40 00:02:20,760 --> 00:02:23,840 Speaker 5: Hezbola and to Iran that there is a wedge between 41 00:02:23,880 --> 00:02:25,400 Speaker 5: the United States and Israel. 42 00:02:25,560 --> 00:02:27,760 Speaker 3: Karmiel Arbid of the Atlantic Council adds, this is the 43 00:02:27,800 --> 00:02:30,720 Speaker 3: highest friction point between the two countries since President Biden 44 00:02:30,760 --> 00:02:32,680 Speaker 3: took office. You can hear more of her thoughts on 45 00:02:32,680 --> 00:02:35,760 Speaker 3: the Bloomberg Balance of Power podcast. You can find that 46 00:02:35,840 --> 00:02:38,760 Speaker 3: on Apple, Spotify or manywhere else you get your podcasts. 47 00:02:38,800 --> 00:02:41,919 Speaker 2: And meanwhile at Washington, Bloomberg News has learned President Biden 48 00:02:42,000 --> 00:02:44,680 Speaker 2: is going to unveil tariffs against China as soon as 49 00:02:44,720 --> 00:02:49,040 Speaker 2: next Tuesday, marketing one of the administration's biggest moves against 50 00:02:49,120 --> 00:02:52,280 Speaker 2: Chinese trade. At Bloomberg, Stephen angel Is in Hong Kong. 51 00:02:52,600 --> 00:02:55,559 Speaker 2: He says the tariffs will target three key industries. 52 00:02:56,000 --> 00:02:59,320 Speaker 6: These new tariffs would be very targeted at the three 53 00:02:59,480 --> 00:03:03,799 Speaker 6: key green industries that She Jinping has essentially earmarked as 54 00:03:03,880 --> 00:03:06,880 Speaker 6: priorities for investment, the new three as he called it 55 00:03:06,880 --> 00:03:09,600 Speaker 6: at the National People's Congress in March, and that is 56 00:03:09,760 --> 00:03:11,679 Speaker 6: electric vehicles, batteries. 57 00:03:11,240 --> 00:03:14,560 Speaker 2: And solar Bloomber Steven Angels says Biden's plans are a 58 00:03:14,600 --> 00:03:18,080 Speaker 2: contrast to Donald Trump's pledge to levey his sixty percent 59 00:03:18,200 --> 00:03:21,720 Speaker 2: tax on all Chinese imports if he wins November's election. 60 00:03:22,200 --> 00:03:26,120 Speaker 3: As for former President Trump, john his hush money trial 61 00:03:26,240 --> 00:03:31,280 Speaker 3: continues in Manhattan, and Stormy Daniels has wrapped up her 62 00:03:31,320 --> 00:03:34,520 Speaker 3: testimony recounting the affairs she says she had with the 63 00:03:34,560 --> 00:03:38,080 Speaker 3: former president. The adult film actress was grilled by one 64 00:03:38,120 --> 00:03:40,000 Speaker 3: of Trump's lawyers who aimed to portray her as an 65 00:03:40,000 --> 00:03:44,320 Speaker 3: extortionist and a liar. Brown University professor Wendy Schiller says 66 00:03:44,400 --> 00:03:46,800 Speaker 3: it's not clear how her testimony could shift the jury, 67 00:03:46,840 --> 00:03:49,320 Speaker 3: but she thinks the trial will affect the twenty twenty 68 00:03:49,360 --> 00:03:49,920 Speaker 3: four election. 69 00:03:50,360 --> 00:03:54,040 Speaker 7: Trump has been brilliant in getting both fundraising from his 70 00:03:54,160 --> 00:03:57,320 Speaker 7: donors but also the RNC to pay a lot of 71 00:03:57,360 --> 00:03:59,880 Speaker 7: his bills, and that means they can't fund things like 72 00:04:00,160 --> 00:04:03,080 Speaker 7: organize and get out the vote, help their county chairs 73 00:04:03,280 --> 00:04:06,920 Speaker 7: and help Senate candidates in swing states, and those two 74 00:04:07,000 --> 00:04:09,720 Speaker 7: kinds of campaigns are going to be crucial to either 75 00:04:09,800 --> 00:04:11,280 Speaker 7: side's victory in November. 76 00:04:11,520 --> 00:04:14,720 Speaker 3: Wendy Scheller, Brown University says Trump continues to critique the 77 00:04:14,840 --> 00:04:17,839 Speaker 3: charges against him. He's calling the judge in the hush 78 00:04:17,920 --> 00:04:21,200 Speaker 3: money trial a disgrace after he refused to throw out 79 00:04:21,200 --> 00:04:22,400 Speaker 3: the case for a second time. 80 00:04:22,680 --> 00:04:26,360 Speaker 2: Attorning to Markets Now, stocks did rally on Earning's optimism. 81 00:04:26,600 --> 00:04:30,560 Speaker 2: We also had to inflation data applications for US unemployment 82 00:04:30,560 --> 00:04:33,960 Speaker 2: benefits coming in higher than expended yesterday. This comes ahead 83 00:04:33,960 --> 00:04:38,039 Speaker 2: of next week's key CPI reading. Sarah House, senior US 84 00:04:38,080 --> 00:04:41,080 Speaker 2: economists with Wells Fargo, says a hotter pread likely to 85 00:04:41,160 --> 00:04:43,080 Speaker 2: keep rates higher for longer. 86 00:04:43,520 --> 00:04:46,559 Speaker 1: Looking very hard at court at the core, just given 87 00:04:46,600 --> 00:04:48,440 Speaker 1: that you have had three months in a row of 88 00:04:48,520 --> 00:04:51,160 Speaker 1: upside surprises, and we really need to see the core 89 00:04:51,279 --> 00:04:53,279 Speaker 1: begin to downshift if you are going to keep even 90 00:04:53,320 --> 00:04:55,440 Speaker 1: the potential of even a September cut. 91 00:04:55,560 --> 00:04:59,080 Speaker 2: Sarah House with Wells Fargo telling Bloomberg she can't completely 92 00:04:59,160 --> 00:05:02,200 Speaker 2: rule out a pial rate hike this year, but believes 93 00:05:02,279 --> 00:05:05,280 Speaker 2: jpwell set the bar very high for any hikes in 94 00:05:05,320 --> 00:05:06,840 Speaker 2: his latest pressure. 95 00:05:06,720 --> 00:05:10,880 Speaker 3: Well In Europe, John the UK has officially exited recession 96 00:05:11,000 --> 00:05:13,920 Speaker 3: after its strongest quarter of growth in nearly three years. 97 00:05:14,040 --> 00:05:17,200 Speaker 3: GDP expanded by six tenths of one percent in the 98 00:05:17,240 --> 00:05:22,160 Speaker 3: first quarter, beating all estimates. Elizabeth Martin's senior economist at HSBC, 99 00:05:22,279 --> 00:05:24,400 Speaker 3: says it's worth keeping the figure in perspective. 100 00:05:24,800 --> 00:05:26,919 Speaker 8: My slight worry about it is that some of this 101 00:05:27,080 --> 00:05:30,400 Speaker 8: recovery was based on expectations towards the end of last year. 102 00:05:30,400 --> 00:05:32,760 Speaker 8: The interest rates were kind of come down quite sharply, 103 00:05:33,400 --> 00:05:36,360 Speaker 8: and the market has reprised away from that, and the risks, 104 00:05:36,400 --> 00:05:38,880 Speaker 8: I guess have kind of grown, So it becomes a 105 00:05:38,920 --> 00:05:42,039 Speaker 8: bit circular. The stronger the economy, the stronger employment and 106 00:05:42,080 --> 00:05:44,560 Speaker 8: wages and inflation, and the less able the Bank of 107 00:05:44,600 --> 00:05:46,560 Speaker 8: England is to deliver some of those. 108 00:05:46,400 --> 00:05:51,000 Speaker 3: Cuts, and HSBC's Elizabeth martinads next year's GDP forecast for 109 00:05:51,040 --> 00:05:53,400 Speaker 3: the UK is still set to be the worst in 110 00:05:53,440 --> 00:05:54,200 Speaker 3: the G seven. 111 00:05:54,560 --> 00:05:57,440 Speaker 2: And in tech, Apple's set to deliver some of its 112 00:05:57,480 --> 00:06:01,719 Speaker 2: upcoming artificial intelligence features this year via data centers equipped 113 00:06:01,760 --> 00:06:05,040 Speaker 2: with its own AI capabilities. This part of his sweeping 114 00:06:05,080 --> 00:06:08,800 Speaker 2: effort to infuse its devices with AI capabilities, but also 115 00:06:08,839 --> 00:06:13,120 Speaker 2: mark Sample's much anticipated push into generative artificial intelligence, the 116 00:06:13,360 --> 00:06:17,920 Speaker 2: technology behind chat, GPT and other popular tools. The companies 117 00:06:17,960 --> 00:06:20,720 Speaker 2: playing ketchup with big tech rivals in the area, but 118 00:06:20,920 --> 00:06:23,760 Speaker 2: he is pois to lay out an ambitious AI strategy 119 00:06:23,880 --> 00:06:27,960 Speaker 2: at its worldwide Developers conference that is sent for June tenth. 120 00:06:28,240 --> 00:06:33,080 Speaker 3: As for staffing strategies in corporate America, John Pershing Square 121 00:06:33,120 --> 00:06:37,040 Speaker 3: founder Bill Ackman was reportedly criticized for his attacks on diversity, 122 00:06:37,080 --> 00:06:40,440 Speaker 3: equity and inclusion during a closed door panel discussion at 123 00:06:40,480 --> 00:06:44,200 Speaker 3: the Milken Conference in Los Angeles. Ackman had previously labeled 124 00:06:44,240 --> 00:06:48,560 Speaker 3: DEI as inherently racist and illegal. About forty people, including 125 00:06:48,560 --> 00:06:51,239 Speaker 3: some of Wall Street's most senior executives of color, confronted 126 00:06:51,279 --> 00:06:54,159 Speaker 3: him about these views. In a statement afterward, Acman said 127 00:06:54,200 --> 00:06:57,440 Speaker 3: he's written thousands of words about his quote nuanced views 128 00:06:57,440 --> 00:07:00,320 Speaker 3: on this important topic. He asked people to read them 129 00:07:00,320 --> 00:07:02,200 Speaker 3: to fully understand his perspective. 130 00:07:06,120 --> 00:07:06,320 Speaker 9: Yeah. 131 00:07:06,360 --> 00:07:08,880 Speaker 2: That brings us to five eight of Wall Street Time 132 00:07:08,920 --> 00:07:10,600 Speaker 2: down for a look at some of the other stories 133 00:07:10,800 --> 00:07:14,040 Speaker 2: making news in New York and around the world over 134 00:07:14,080 --> 00:07:17,160 Speaker 2: that which joined by Bloomberg's Michael Barr Michael, good morning. 135 00:07:16,960 --> 00:07:19,560 Speaker 4: Good morning John. The man who attacked three New York 136 00:07:19,560 --> 00:07:22,680 Speaker 4: City police officers with a machete on New Year's Eve 137 00:07:22,800 --> 00:07:27,400 Speaker 4: in twenty twenty two, was sentenced yesterday. Prosecutors say Trevor 138 00:07:27,440 --> 00:07:30,720 Speaker 4: Bickford was sentenced to twenty seven years in prison for 139 00:07:30,840 --> 00:07:34,640 Speaker 4: ambushing the NYPD officers in the name of jihad and 140 00:07:34,720 --> 00:07:38,320 Speaker 4: Times Square. The officers who were attacked in the head 141 00:07:38,440 --> 00:07:42,800 Speaker 4: were seriously injured. Bickford pleaded guilty to attempted murder and 142 00:07:42,920 --> 00:07:46,520 Speaker 4: assault on January eleventh. For the attack. Authorities say he 143 00:07:46,640 --> 00:07:50,040 Speaker 4: traveled from his home in Maine to New York City to, 144 00:07:50,280 --> 00:07:54,240 Speaker 4: in his words, wage jihad and kill as many targets 145 00:07:54,280 --> 00:07:57,560 Speaker 4: as possible. Severe weather he hit for a fourth straight 146 00:07:57,600 --> 00:08:01,080 Speaker 4: overnight in much of the South. Storms ravage parts of 147 00:08:01,200 --> 00:08:04,600 Speaker 4: Middle Tennessee. A woman was killed and over one hundred 148 00:08:04,600 --> 00:08:08,480 Speaker 4: homes damaged in Moray County, south of Nashville. Governor Bill 149 00:08:08,560 --> 00:08:12,240 Speaker 4: lead tour the aftermath of an EF three tornado that 150 00:08:12,320 --> 00:08:15,560 Speaker 4: tour through Columbia. He says, homes, we're devastated. 151 00:08:15,840 --> 00:08:16,640 Speaker 3: It's heartbreaking. 152 00:08:18,400 --> 00:08:21,000 Speaker 10: He realized that you don't know what it feels like 153 00:08:21,080 --> 00:08:24,800 Speaker 10: to be that family, but you know that it must 154 00:08:24,880 --> 00:08:25,560 Speaker 10: be awful. 155 00:08:26,120 --> 00:08:28,920 Speaker 4: Since Monday, there have been nearly one hundred reported or 156 00:08:29,040 --> 00:08:33,839 Speaker 4: confirmed tornadoes across eighteen states. The NYPD says one woman 157 00:08:33,960 --> 00:08:37,160 Speaker 4: is dead and another is in critical condition after they 158 00:08:37,160 --> 00:08:40,640 Speaker 4: were struck by a vehicle in Bushwick, Brooklyn. It happened 159 00:08:40,640 --> 00:08:43,920 Speaker 4: after five pm at the intersection of Eldert Street and 160 00:08:44,000 --> 00:08:47,200 Speaker 4: Knickerbocker Avenue. The two victims were said to be a 161 00:08:47,240 --> 00:08:50,160 Speaker 4: seventy one year old mother who died and her forty 162 00:08:50,240 --> 00:08:53,200 Speaker 4: four year old daughter. Police say the vehicle, a blue Mazda, 163 00:08:53,320 --> 00:08:56,319 Speaker 4: sped through the intersection with police behind it when the 164 00:08:56,400 --> 00:08:59,840 Speaker 4: driver crashed into a van and the victims. The driver 165 00:09:00,080 --> 00:09:03,040 Speaker 4: the vehicle with Massachusetts plates took off on foot and 166 00:09:03,040 --> 00:09:06,959 Speaker 4: it's still on the loose. The Biden administration wants hospitals 167 00:09:07,000 --> 00:09:11,160 Speaker 4: to meet minimum cyber security standards after a single hack 168 00:09:11,240 --> 00:09:15,479 Speaker 4: exposed the data of one hundred million Americans, and Newburger, 169 00:09:15,559 --> 00:09:19,880 Speaker 4: Deputy National Security Advisor for Cyber and Emerging Technology, we. 170 00:09:19,960 --> 00:09:23,760 Speaker 3: Launched a platform where countries can share indicators, a compromise, 171 00:09:24,240 --> 00:09:26,320 Speaker 3: can actually collaborate to say, here's what we're seeing in 172 00:09:26,320 --> 00:09:26,800 Speaker 3: a hospital. 173 00:09:26,800 --> 00:09:27,840 Speaker 9: Has anybody else seen this? 174 00:09:28,360 --> 00:09:29,440 Speaker 3: And the goal in all. 175 00:09:29,320 --> 00:09:32,920 Speaker 2: Of this is to make it riskier, costlier, and harder 176 00:09:33,320 --> 00:09:34,120 Speaker 2: for attackers. 177 00:09:34,440 --> 00:09:38,520 Speaker 4: Newburger spoke at the Bloomberg Tech Summit in San Francisco yesterday. 178 00:09:38,800 --> 00:09:43,040 Speaker 4: The announcement follows Ascension as the latest healthcare system to 179 00:09:43,080 --> 00:09:46,400 Speaker 4: have a cyber security problem. Global news twenty four hours 180 00:09:46,440 --> 00:09:49,280 Speaker 4: a day and whenever you want it with the Bloomberg News. Now, 181 00:09:49,400 --> 00:09:51,800 Speaker 4: I'm Michael Barr, and this is Bloomberg. 182 00:09:51,880 --> 00:09:59,160 Speaker 2: John, Michael, thank you, and that brings us to five 183 00:09:59,240 --> 00:10:01,720 Speaker 2: ten of time down for the Bloomberg Sports Update. 184 00:10:01,800 --> 00:10:02,200 Speaker 9: Man for that. 185 00:10:02,600 --> 00:10:04,200 Speaker 2: Good morning, John Stashower. 186 00:10:03,840 --> 00:10:04,880 Speaker 9: Good morning, John Tucker. 187 00:10:04,880 --> 00:10:06,959 Speaker 11: To win the Stanley Cup, you need to win sixteen 188 00:10:07,000 --> 00:10:09,880 Speaker 11: playoff games. The Rangers are almost halfway there and they've 189 00:10:09,960 --> 00:10:12,800 Speaker 11: yet to lose, now seven to zero, with the last 190 00:10:12,840 --> 00:10:15,240 Speaker 11: two wins both coming in overtime. Game three at Carolina, 191 00:10:15,280 --> 00:10:18,640 Speaker 11: the Hurricanes led, then the Rangers led, Kanes scored late 192 00:10:18,679 --> 00:10:21,360 Speaker 11: in regulation to tie. It was decided early in ot 193 00:10:22,080 --> 00:10:24,680 Speaker 11: Let's sidle up for a year, sends it in Brown. 194 00:10:24,800 --> 00:10:27,920 Speaker 11: The boards had gone Miss Tyrol long played the time. 195 00:10:30,800 --> 00:10:32,360 Speaker 9: Yes, Yes. 196 00:10:33,400 --> 00:10:37,520 Speaker 11: The Rangers with it in over time and lead the 197 00:10:37,760 --> 00:10:41,240 Speaker 11: series three games today w EPN. 198 00:10:41,320 --> 00:10:42,080 Speaker 9: They won three too. 199 00:10:42,240 --> 00:10:44,360 Speaker 11: By the way, it was our Timmy Peneren scoring the 200 00:10:44,440 --> 00:10:47,040 Speaker 11: game winning goal of brilliant tipping through his legs at 201 00:10:47,040 --> 00:10:50,240 Speaker 11: a minute forty three into sudden death. Earlier Ranger goals 202 00:10:50,280 --> 00:10:53,760 Speaker 11: by Chris Cryder shorthanded lexis left Frontier Rangers go for 203 00:10:53,880 --> 00:10:55,079 Speaker 11: the sweep tomorrow night. 204 00:10:55,160 --> 00:10:57,199 Speaker 9: Good night to the team from Dallas. The Stars, who 205 00:10:57,240 --> 00:10:57,920 Speaker 9: blew a three. 206 00:10:57,880 --> 00:11:00,319 Speaker 11: Goal lead in Game one nearly blew a four goal 207 00:11:00,440 --> 00:11:02,280 Speaker 11: lead in Game two with the hell Non beat Colorado 208 00:11:02,360 --> 00:11:05,320 Speaker 11: five to three. The MAVs won at Oklahoma City one 209 00:11:05,400 --> 00:11:07,440 Speaker 11: nineteen one to ten. That series also tied to one, 210 00:11:07,520 --> 00:11:10,679 Speaker 11: and so is the Cavs Celtics series. Cleveland lost the 211 00:11:10,760 --> 00:11:13,720 Speaker 11: opener by twenty five one last night in Boston by 212 00:11:13,760 --> 00:11:16,959 Speaker 11: twenty four, So it's acquiring og Onanobi and a Trey 213 00:11:17,000 --> 00:11:19,160 Speaker 11: of Toronto. The Knicks record with him in the lineup 214 00:11:19,280 --> 00:11:22,400 Speaker 11: is twenty six and five. He won't play tonight Game 215 00:11:22,480 --> 00:11:24,640 Speaker 11: three in Indiana, out with a strain hamstring. 216 00:11:24,760 --> 00:11:26,839 Speaker 9: Not known if or when he'll return. Nicks look to 217 00:11:26,880 --> 00:11:27,960 Speaker 9: go up three to nothing in the series. 218 00:11:28,000 --> 00:11:31,400 Speaker 11: The Phoenix Suns fired coach Frank Vogel after one season. 219 00:11:31,480 --> 00:11:34,120 Speaker 11: Widely reported the favorite to replace him as Mike Budenholzer. 220 00:11:34,440 --> 00:11:37,120 Speaker 11: He won a championship with Milwaukee the Stadium Astros at 221 00:11:37,160 --> 00:11:39,720 Speaker 11: two first hitting homers off Marcus Stroman beat the Yankees 222 00:11:39,760 --> 00:11:40,200 Speaker 11: four to three. 223 00:11:40,559 --> 00:11:42,160 Speaker 9: Anthony Volpin Aaron Judge homer to. 224 00:11:42,200 --> 00:11:45,600 Speaker 11: Defeat Quail Hollow Golf and Charlotte's Andrews Shopley shot seven 225 00:11:45,679 --> 00:11:48,439 Speaker 11: under leads by three at the LPGA Clift in New Jersey. 226 00:11:48,520 --> 00:11:51,840 Speaker 11: Nelly Corda looking to make history by winning six tournaments 227 00:11:51,840 --> 00:11:54,640 Speaker 11: in a row, which she's tied for eighteen six shots 228 00:11:54,679 --> 00:11:55,240 Speaker 11: off the pace. 229 00:11:55,640 --> 00:11:58,440 Speaker 9: John Stashedward Bloomberg's Boots Johnaitham. 230 00:12:00,120 --> 00:12:04,120 Speaker 4: Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 231 00:12:04,320 --> 00:12:07,160 Speaker 4: and around the world on Bloomberg dot Com and the 232 00:12:07,240 --> 00:12:08,440 Speaker 4: Bloomberg Business app. 233 00:12:08,679 --> 00:12:10,559 Speaker 3: This is Bloomberg Daybreak. 234 00:12:11,080 --> 00:12:11,480 Speaker 9: Good morning. 235 00:12:11,520 --> 00:12:14,360 Speaker 3: I'm Nathan Hager. If we have to stand alone, we 236 00:12:14,559 --> 00:12:17,640 Speaker 3: will stand alone. That was the initial response from Israeli 237 00:12:17,679 --> 00:12:21,720 Speaker 3: Prime Minister Benjamin Netanyahu to President Biden's decision to withhold 238 00:12:21,800 --> 00:12:24,960 Speaker 3: some bomb shipments ahead of a possible attack on Rafa. 239 00:12:25,520 --> 00:12:27,760 Speaker 3: But the Israeli Prime Minister may be trying to smooth 240 00:12:27,800 --> 00:12:30,440 Speaker 3: things over a bit. In an interview with TV's Doctor 241 00:12:30,640 --> 00:12:33,319 Speaker 3: Film and for more. We're joined now by Bloomberg's Israel 242 00:12:33,360 --> 00:12:37,160 Speaker 3: Bureau chief Ethan Bronner in Tel Aviv. Ethan, good morning. 243 00:12:37,360 --> 00:12:40,040 Speaker 3: So in this interview, the Prime Minister said he's had 244 00:12:40,080 --> 00:12:43,959 Speaker 3: disagreements with President Biden before and they've overcome them before. 245 00:12:44,320 --> 00:12:48,360 Speaker 3: How could the is the US and Israel overcome this 246 00:12:48,640 --> 00:12:49,520 Speaker 3: current disagreement. 247 00:12:51,040 --> 00:12:54,719 Speaker 10: Good morning, Nathan Well. I suppose the answer would be 248 00:12:54,880 --> 00:12:57,360 Speaker 10: to somehow split the difference. That is to say, if 249 00:12:58,440 --> 00:13:03,160 Speaker 10: the Americans are especially concerned about civilian casualties, if Israel 250 00:13:03,240 --> 00:13:06,400 Speaker 10: goes into Rafa. So in theory, if Israel were to 251 00:13:06,520 --> 00:13:10,000 Speaker 10: really move people out in some systematic fashion and then 252 00:13:10,520 --> 00:13:13,920 Speaker 10: have a more targeted set of attacks at the hamas 253 00:13:15,080 --> 00:13:19,600 Speaker 10: militants underground there and the number of people killed is low, 254 00:13:20,320 --> 00:13:23,079 Speaker 10: I mean, the number of civilians killed is low. In theory, 255 00:13:23,320 --> 00:13:27,000 Speaker 10: that might be some form of reconciliation, right. I mean, 256 00:13:27,040 --> 00:13:29,400 Speaker 10: I think that the biggest problem for Israel is that 257 00:13:29,480 --> 00:13:31,559 Speaker 10: it's got a two front ward both in Gaza and 258 00:13:31,600 --> 00:13:34,080 Speaker 10: then in the North, and if it doesn't have US 259 00:13:34,200 --> 00:13:36,520 Speaker 10: bombs and weapons, it's going to be in a little 260 00:13:36,559 --> 00:13:39,520 Speaker 10: bit of trouble. So the pressure has some meaning. 261 00:13:40,679 --> 00:13:43,480 Speaker 3: Are we seeing any evidence at this point that Israel 262 00:13:43,679 --> 00:13:46,800 Speaker 3: could be headed that way when it comes to getting 263 00:13:46,840 --> 00:13:49,720 Speaker 3: civilians out of harm's way taking a more targeted approach. 264 00:13:50,720 --> 00:13:54,360 Speaker 10: You know, they've been saying some version of this on 265 00:13:54,559 --> 00:13:56,960 Speaker 10: and off for many many weeks. I think we really 266 00:13:57,120 --> 00:13:59,360 Speaker 10: don't know. One of the difficulties right now is that 267 00:13:59,440 --> 00:14:02,679 Speaker 10: we are all so at some kind of a hinge 268 00:14:02,760 --> 00:14:07,160 Speaker 10: point in these negotiations mediated by the US at Katar 269 00:14:07,280 --> 00:14:11,360 Speaker 10: in Egypt with Hamas for an exchange and a ceasefire. 270 00:14:11,880 --> 00:14:16,920 Speaker 10: So if that comes about, and I'm not especially optimistic, 271 00:14:17,000 --> 00:14:20,680 Speaker 10: but if it comes about, then there will be some 272 00:14:20,880 --> 00:14:23,760 Speaker 10: weeks without fighting, and then you never know where that goes, right. 273 00:14:23,840 --> 00:14:26,480 Speaker 10: I mean, that's a little bit why hardliners in this 274 00:14:26,600 --> 00:14:30,280 Speaker 10: country don't want there to be too much of a ceasefire, 275 00:14:30,360 --> 00:14:32,680 Speaker 10: but the government says it's willing if they can get 276 00:14:32,760 --> 00:14:36,400 Speaker 10: hostages back, so I think there is some reason to 277 00:14:36,480 --> 00:14:38,920 Speaker 10: think that. And what I'm saying also is that as 278 00:14:39,040 --> 00:14:42,080 Speaker 10: Israel edges toward Rafa, part of it is to pressure 279 00:14:42,280 --> 00:14:43,320 Speaker 10: these negotiations. 280 00:14:43,400 --> 00:14:44,040 Speaker 9: So it's kind of a. 281 00:14:44,080 --> 00:14:47,960 Speaker 10: Double game in reality happening but also sending a message. 282 00:14:48,400 --> 00:14:51,920 Speaker 10: It's difficult to really know what the ultimate attack in 283 00:14:52,040 --> 00:14:53,600 Speaker 10: Rafack is going to be. I want to add one 284 00:14:53,640 --> 00:14:56,480 Speaker 10: other thing, which is that there are reports that they've 285 00:14:56,520 --> 00:14:59,360 Speaker 10: been talking about and waiting so long that the so 286 00:14:59,520 --> 00:15:02,960 Speaker 10: called for battalions underground in Rafa may now be down 287 00:15:03,000 --> 00:15:07,480 Speaker 10: to two or three with Hummas fighters having moved back 288 00:15:07,560 --> 00:15:10,320 Speaker 10: to the center of the Gaza strip to Han Yunis 289 00:15:10,440 --> 00:15:13,080 Speaker 10: and Deir Balach. You know, I don't know that, but 290 00:15:13,200 --> 00:15:15,360 Speaker 10: it is an interesting problem if true. 291 00:15:15,880 --> 00:15:18,400 Speaker 3: Wellly about thirty seconds left Ethan. We've heard a lot 292 00:15:18,520 --> 00:15:20,760 Speaker 3: about what hardliners are looking for when it comes to 293 00:15:21,040 --> 00:15:24,040 Speaker 3: an invasion of Rafa. What are these rarely people looking 294 00:15:24,120 --> 00:15:24,680 Speaker 3: for right now? 295 00:15:25,720 --> 00:15:29,280 Speaker 10: I would say that the Israeli people, by a slight majority, 296 00:15:29,360 --> 00:15:34,000 Speaker 10: would rather see a hostage deal, and they do generally 297 00:15:34,120 --> 00:15:38,000 Speaker 10: think it's important to destroy Hamas, but they're really eager 298 00:15:38,120 --> 00:15:41,200 Speaker 10: to get back the one hundred plus people, many of 299 00:15:41,280 --> 00:15:44,560 Speaker 10: them dead, about half probably dead, half living, half dead, 300 00:15:44,800 --> 00:15:47,680 Speaker 10: that are still in the hands of Hamas. That is 301 00:15:47,800 --> 00:15:49,680 Speaker 10: their top priority right now. 302 00:15:50,040 --> 00:15:53,080 Speaker 12: This is Bloomberg Daybreak Today, your morning brief on the 303 00:15:53,120 --> 00:15:56,480 Speaker 12: stories making news from Wall Street to Washington and beyond. 304 00:15:56,720 --> 00:15:59,000 Speaker 2: Look for us on your podcast feed by six am 305 00:15:59,080 --> 00:16:02,800 Speaker 2: Eastern each morning, on Apples, Spotify, and anywhere else you 306 00:16:02,920 --> 00:16:04,000 Speaker 2: get your podcasts. 307 00:16:04,280 --> 00:16:06,920 Speaker 12: You can also listen live each morning starting at five 308 00:16:07,000 --> 00:16:09,600 Speaker 12: am Wall Street time on Bloomberg eleven three to zero 309 00:16:09,640 --> 00:16:13,080 Speaker 12: in New York, Bloomberg ninety nine one in Washington, Bloomberg 310 00:16:13,120 --> 00:16:16,160 Speaker 12: one oh sixty one in Boston and Bloomberg nine sixty 311 00:16:16,280 --> 00:16:17,200 Speaker 12: in San Francisco. 312 00:16:17,520 --> 00:16:20,160 Speaker 2: Our flagship New York station is also available on your 313 00:16:20,200 --> 00:16:25,080 Speaker 2: Amazon Alexa devices. 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