Speaker 1: Good morning.
Speaker 2: I'm Nathan Hager and I'm Karen Moscow. Here are the
Speaker 2: stories we're following today.
Speaker 3: We begin with the latest in the Israel Hamas war.
Speaker 3: President Biden is back in Washington after becoming the first
Speaker 3: US president to visit Israel during a time of conflict.
Speaker 3: He offered America's full throated support for the fight against terrorists.
Speaker 4: Moss committed atrocities.
Speaker 5: I recall the worst ravages of isis unleash pure, undulated
Speaker 5: evil upon the world.
Speaker 3: On the way back, President Biden told reporters on Air
Speaker 3: Force One that AID will be allowed into Gaza from Egypt,
Speaker 3: but with a caveat.
Speaker 6: We're not coms Brief Simon and Humaniterran aid to Hamas.
Speaker 7: If you're going to come be conferencated, that's the commitment
Speaker 7: that I've made.
Speaker 3: President Biden says he made that commitment after speaking with
Speaker 3: the Egypt's president. The President will speak to the nation
Speaker 3: tonight from the Oval Office. That's set for eight pm
Speaker 3: Wall Street Time. Stick with Bloomberg for full coverage.
Speaker 2: Well, Nathan, the diplomatic push continues this morning with UK
Speaker 2: Prime Minister rishi Is Sunak. Now in Israel. We get
Speaker 2: more with Bloomberg's Oliver Crook in Tel Aviv.
Speaker 5: I think what we expect from Rishe Sunak is what
Speaker 5: we've expected from a lot of the Western leaders who
Speaker 5: have come here to Israel, and we should mention that
Speaker 5: that is so far bent Ursulav under lyon Oloff Schultz
Speaker 5: and President Biden yesterday and really this sort of unflinching
Speaker 5: support for Israel, whether that is in terms of just
Speaker 5: political support internationally, which is critical, but also potentially financial
Speaker 5: and military support of some variety.
Speaker 2: Bloomberg's Oliver Krook says Sunak will have meetings with Israeli
Speaker 2: Prime Minister Benjamin Nettan Yahoo and President Isaac Herzog.
Speaker 3: Now the visit, Karen comms as Arab leaders continue to
Speaker 3: blame Israel for the deadly blast at a Gaza hospital.
Speaker 3: Israel says it was caused by a misfired Palestinian militant rocket.
Speaker 3: Michael orn Is a former Israeli ambassador to the United States.
Speaker 6: Hamas uses its population as a humge shield. AAMAS builds
Speaker 6: massive labyrinths of tunnels under cities, under schools. It has
Speaker 6: headquarters under hospitals. That's where they have their arsenals in
Speaker 6: Moss as well. And the only way that Israel can
Speaker 6: defend itself from further horrendous massacres of this strife, as
Speaker 6: we experienced on October seventy eighth, used to go in
Speaker 6: there and uproot.
Speaker 3: Humas former Israeli ambassador Michael Lauren made the comments on
Speaker 3: Bloomberg's balance of power.
Speaker 2: Well elsewhere in Washington, it's been two weeks since Kevin
Speaker 2: McCarthy was ousted as Speaker of the House Nathan, and
Speaker 2: today the House is scheduled to try a third time
Speaker 2: to get Jim Jordan elected as his replacement, and Bloomberg's
Speaker 2: Ed Baxter has that story.
Speaker 8: Jordan actually lost ground in the second round of voting.
Speaker 8: The reports are he's been campaigning NonStop now but didn't
Speaker 8: want another round yesterday, and the frustration is mounting even
Speaker 8: among his own caucus, with Congressman like Tim Burchett saying,
Speaker 8: just get on with whatever is going to happen.
Speaker 9: I think we ought to stay here and just keep
Speaker 9: voting and just keep working on the problem and quit
Speaker 9: going home and doing these two hour days.
Speaker 10: It's kind of ridiculous.
Speaker 8: The President's addressed tonight will be aimed at the House
Speaker 8: to get going to aid Israel and Ukraine, something it
Speaker 8: hasn't been able to do without a captain or even
Speaker 8: a rudder ed Baxter, Bloomberg Radio.
Speaker 3: Okay, and thank you. Staying with politics, A new Bloomberg
Speaker 3: News Morning Consult poll shows President Biden trailing Donald Trump
Speaker 3: in several key battleground states. Bloomberg's Lisa Matteo.
Speaker 11: Reports the former president is leading Biden forty seven percent
Speaker 11: to forty three percent, with the margin of era of
Speaker 11: one percentage point. Among voters across Arizona, Georgia, Michigan, Nevada,
Speaker 11: North Carolina, Pennsylvania, and Wisconsin, forty nine percent of respondents
Speaker 11: said they trusted Trump more in the economy, compared to
Speaker 11: thirty five percent for Biden. Among independent voters, it was
Speaker 11: a bigger win for Trump. He has a twenty two
Speaker 11: point advantage on the economy over Biden. Trump was also
Speaker 11: more trusted on several other key issues, including immigration, US
Speaker 11: China relations, and the warren Ukraine. Lisa Matteo Bloomberg Radio, all.
Speaker 2: Right, Lisa, thanks, So he turned to the markets now
Speaker 2: in some stocks in the move this morning after a awarding,
Speaker 2: earning shares a Tesla down almost five percent in Early
Speaker 2: Trading CEO Elon Musk is dialing back expectations for the
Speaker 2: ev maker in the wake of rising rates and a
Speaker 2: more cost conscious consumer. Musk also said it could be
Speaker 2: a long time before It's cyber truck becomes profitable.
Speaker 12: And we dug our own graveless or cybertructs, you know,
Speaker 12: in generally if every pigs are great better than themselves
Speaker 12: and special.
Speaker 2: Products that come along once in a long while are just.
Speaker 13: Incredibly difficult to bring to market, to reach volume.
Speaker 2: To be price perus and Musk says the cyber truck
Speaker 2: is set to hit the market on November thirtieth.
Speaker 3: On the other hand, Karen shares of Netflix are up
Speaker 3: more than thirteen percent. The world's top paid streaming service
Speaker 3: says it added almost nine million customers in the third quarter,
Speaker 3: far exceeding analyst forecast. Tesla are I'm sorry. Netflix also
Speaker 3: boosted its most expensive plan in the US by three
Speaker 3: dollars and it's basic planned by.
Speaker 2: Two and Nathan Bigod job cuts out of Nokia, the
Speaker 2: mobile network company is slashing up to fourteen thousand jobs
Speaker 2: sixteen percent of its workforce. Makers of five G equipment
Speaker 2: are struggling as operators in the US and Europe seek
Speaker 2: to cut capital expenditure.
Speaker 3: Finally, Karen wall Street will closely be watching a speech
Speaker 3: by FED Chair J. Powell today, and we get more
Speaker 3: from Bloomberg's David Weston.
Speaker 14: When Chair Powell appears before the Economic Club of New York.
Speaker 14: Topic number one will be how to square the continued
Speaker 14: remarkable strength of the economy with all those rate hikes
Speaker 14: he's led. We know that rate hike effects are long
Speaker 14: and variable, but when do we expect them to kick
Speaker 14: in fully? And of course we'll all want to get
Speaker 14: a sense of where those rates are likely to end
Speaker 14: up once the dust has settled. I'm David Weston for
Speaker 14: Bloomberg Radio.
Speaker 2: Ray Nathan, Thanks. It's time now for a look at
Speaker 2: some of the other stories making news around the world.
Speaker 2: For that, we're joined by Bloomberg's John Tucker. John.
Speaker 7: Good morning, Good Karen, Good morning to you. Thousands gathered
Speaker 7: at protests across Washington, d C. Wednesday, and calls for
Speaker 7: a ceasefire in Gaza hand the West Bank. An estimated
Speaker 7: three hundred were arrested during a demonstration that made its
Speaker 7: way to a congregional building. Meantime, as security warning at home.
Speaker 7: That story in this report from Bloomberg Steve Ponis.
Speaker 12: The FBI, Department of Homeland Security a National counter Terrorism
Speaker 12: Center have released a joint intelligence bulletin reiterating that the
Speaker 12: potential for violence in the US is heightened because of
Speaker 12: the Israel Hamas conflict. The memo saying recent events have
Speaker 12: sharpened the focus of potential attacks in the US. The
Speaker 12: warnings came while President Biden was in Tel Aviv to
Speaker 12: reaffirm US solidarity with Israel. In Washington, I'm Steve Potisk
Speaker 12: Bloomberg Radio.
Speaker 7: With the House still unable to agree on a speaker,
Speaker 7: The Branska Republican Congressman Don Bacon tell's ABC News he's
Speaker 7: been targeted by a pressure campaign to push him to
Speaker 7: vote for Jim Jordan.
Speaker 9: I mean, have people come in my yard when with
Speaker 9: my grandkids want to yell at me. I have boy
Speaker 9: scouts over and a lady gets ovarcar yelling at us. Right,
Speaker 9: So there's this, there's people so anger from the left
Speaker 9: and the right.
Speaker 7: At least six Republicans who voted against Jordans say they
Speaker 7: were threatened or harassed. More labs announced as the United
Speaker 7: Auto Workers strike against the Big Three drags on Ford
Speaker 7: says it's laying off another one hundred and fifty workers
Speaker 7: in Michigan. That brings the company's total of workforce furlough
Speaker 7: to twenty seven hundred and thirty. Ford said the uaw's
Speaker 7: walkout last week at its Kentucky truck plant prompted the
Speaker 7: new layoffs at a Michigan axle plant. The US is
Speaker 7: easing sanctions on Venezuela after its government and the opposition
Speaker 7: agreed to hold internationally monitored elections next year. Those is
Speaker 7: the strongest signed yet of a major shift in US policy,
Speaker 7: hoping to win commitments from strongman Nicholas Maduro and the
Speaker 7: chief suspect and the death of Natalie Holloway is admitted
Speaker 7: to killing the teenager in Aruba. Joran van der Slut's
Speaker 7: admission came as a part of a plea deal in
Speaker 7: the family's home state of Alabama. Global News twenty four
Speaker 7: hours a day and whatever you want it with Bloomberg News.
Speaker 10: Now.
Speaker 7: I'm John Tucker and this is Bloomberg Radio.
Speaker 2: Karen, all right, John, thank you what we bring you
Speaker 2: news throughout the day right here on Bloomberg Radio. But
Speaker 2: now you can get the latest news on demand whenever
Speaker 2: you want it. Subscribe to Bloomberg News Now to get
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Speaker 14: We need to get them, and we're going to.
Speaker 2: Have a check of Sports Now. Sorry for the technical snaffoo,
Speaker 2: but here now is John stash Hour with Sports John.
Speaker 8: Good Morning, Karen.
Speaker 4: The Texas Rangers first loss of the postseason. They had
Speaker 4: been seven to zero. A started Max Serzer, his first
Speaker 4: time on the mount in over a month back from injury,
Speaker 4: and the Astros got to him with five runs, capped
Speaker 4: by a Jose Altuve home run. Houston went on to
Speaker 4: win Game three eight to five, cutting Texas's lead in
Speaker 4: the ALCS to two games to one. Game three of
Speaker 4: the nl CS is tonight at Arizona, with the Phillies
Speaker 4: up two games to none. The WNBA season is over.
Speaker 4: Game four between the Aces and the Liberty went down
Speaker 4: to the wire.
Speaker 12: Good escdam back trying to get it to Stewart.
Speaker 5: Duke City and Stuart Juggles catches six seconds went.
Speaker 8: Stewart was five draws, the double plaining to the.
Speaker 2: Corner Bier soon.
Speaker 10: Forgettable finish to Game four.
Speaker 8: ESPN had the call.
Speaker 4: The Aces beat the Liberty in New York seventy to
Speaker 4: sixty nine, win the finals three games to one, and
Speaker 4: go back to back, first time it's happened since two
Speaker 4: thousand and one and two. NBA season will get going soon.
Speaker 4: What's gonna happen in Philadelphia? James Harden a no show
Speaker 4: at Sixers practice, said to be in Houston. No secret
Speaker 4: that Harden wants to be treated hockey. The Capitals lost
Speaker 4: at Ottawa six to one. The Warriors won their final
Speaker 4: pre season by a point over Sacramento. Steph Curry's Lord
Speaker 4: thirty points.
Speaker 14: John Stash The our Bloomberg Sports.
Speaker 10: From coast to coast, from New York to San Francisco,
Speaker 10: Boston to Washington, DC, nationwide on Syrias, exam the Bloomberg
Speaker 10: Business app in Bloomberg dot Com.
Speaker 3: This is Bloomberg Daybreak, Good morning, I'm Nathan Hager. Diplomacy
Speaker 3: continues in Israel after President biden seven and a half
Speaker 3: hour trip to the region did little to ease fears
Speaker 3: of a wider war. Beyond Hamas now it is UK
Speaker 3: Prime Minister Rishi Sunac's turn to try to keep the
Speaker 3: conflict contained. Joining us now as Bloomberg's news director for Europe,
Speaker 3: the Middle East and Africa, Rosalind Matheson, Roz, good morning.
Speaker 3: Get us up to speed on what's been happening in
Speaker 3: the diplomatic effort. We understand Prime Minister Sunac just arrived
Speaker 3: maybe an hour or so ago.
Speaker 13: That's right, he's on the ground at Israel, as you said,
Speaker 13: follows the visit yesterday by the US President Sident Joe Biden.
Speaker 13: What we're seeing, in essence is a parade of leaders
Speaker 13: from countries in Europe, the US and elsewhere into the
Speaker 13: region Israel, but also took places like Egypt, Jordan and
Speaker 13: so on to try and spread the message of concerned
Speaker 13: that the conflict between Israel and Hermas could widen into
Speaker 13: a full skirle regional war, a snax obviously in Israel
Speaker 13: too strongly express support for that country, similar to what
Speaker 13: the US President said yesterday. In fact, his remarks just
Speaker 13: now when he met with the Israeli president were to
Speaker 13: that effect, but also saying that he's concerned about the
Speaker 13: deteriorating humanitarian situation inside Gaza. He's pleased to see there's
Speaker 13: an announcement about a plan to at least let some
Speaker 13: trucks potentially start moving in from Egypt into Gaza, although
Speaker 13: so far today none of those trucks seemingly have started
Speaker 13: moving so sooner like other leaders, is there to sort
Speaker 13: of walk that line between express seeing support for Israel
Speaker 13: after the Harmas attack but also trying to stave off
Speaker 13: a widening of this conflict and ensure that the humanitarian
Speaker 13: situation in Gaza doesn't get any worse.
Speaker 3: It's a very difficult line for diplomats to toll. Given
Speaker 3: the continued uncertainty around that hospital blast in Gaza, have
Speaker 3: we gotten any more clarity on what was behind that explosion,
Speaker 3: some of the intelligence that's been brought to bear and
Speaker 3: getting to the bottom of it.
Speaker 13: Well, Israel's been releasing what they say is evidence that
Speaker 13: the attack was not carried out by Israel, but rather
Speaker 13: sort of a misfire if anything, by an outfit called
Speaker 13: Islamic Jiha, which is separate to Hermas, although sometimes they
Speaker 13: have operated together, and that it was a missile that
Speaker 13: was intended to come into Israel that obviously went awry.
Speaker 13: The narrative from officials in Gaza is that it was
Speaker 13: an Israeli strike, But we are getting that evidence coming
Speaker 13: from Israel, and that was shared with countries including the US,
Speaker 13: and you saw the comments from Joe Biden again saying
Speaker 13: that he believed that this was not carried out by Israel.
Speaker 13: The reality is that whoever, whatever is the cause of
Speaker 13: the blast at the hospital, is that narratives are very
Speaker 13: set on either side, and for that hour of world,
Speaker 13: there was an immediately narrative that this was Israel, and
Speaker 13: the truth of it in the end, well, it may
Speaker 13: not matter that much to the countries involved in terms
Speaker 13: of those narratives that are set, but it is certainly
Speaker 13: contributing to a hardening of views across the region.
Speaker 3: To the point about getting humanitarian aid into Gaza from Egypt,
Speaker 3: we heard from President Biden on Air Force one last
Speaker 3: night saying that he did get that agreement to get
Speaker 3: some humanitarian aid after speaking with Egypt's president, with the
Speaker 3: caveat that that aid wouldn't be used by Hamas. That
Speaker 3: is a very tall order, is it not, with Hamas
Speaker 3: control of that part of all of the Gaza strip.
Speaker 13: Well, that's right, and we don't know how those conditions
Speaker 13: are going to be to be met. There wasn't any specifics,
Speaker 13: any announcement about it. And as you say, ha Mask
Speaker 13: controls the Gaza Strip. That means they control distribution routes,
Speaker 13: they control warehouses, they control ministries, they control transport. So
Speaker 13: how you can ensure that aid comes into the Gaza
Speaker 13: Strip and doesn't get collected by Hamas or used in
Speaker 13: some fashion, it's very very difficult to see. And so
Speaker 13: the risk is that those first trucks do actually cross
Speaker 13: the border between Egypt and Gaza, and immediately there are
Speaker 13: accusations that Harmas may have taken that aid or used
Speaker 13: that aid, and therefore no more aid than comes in subsequently.
Speaker 13: And we know there's a lot of it so of
Speaker 13: sitting on the border between Egypt and Gaza, but none
Speaker 13: of it's been moving. And so the risk is this
Speaker 13: becomes a very short term exercise and the people who
Speaker 13: are needing medicine, food, drinkable water and so on INSIDECAUCID
Speaker 13: just to not going to get what they need.
Speaker 1: This is Bloomberg day Break Today, your morning brief on
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