Brown University Shooting; Australia Eyes Tougher Gun Laws After Hanukkah Attack
On today's podcast:
1) Brown University, mourning two students killed during a shooting rampage Saturday, sent students home and called off final exams, classes and assignments for the fall semester. A blanket of snow covered the campus and downtown Providence, Rhode Island, on Sunday morning as the Ivy League school reeled from its first encounter with mass violence. Students recounted barricading themselves in their homes, waiting out the shelter-in-place orders by huddling together in the dark for hours as a manhunt ensued for the suspect who opened fire as the undergrads were preparing for exams. The shooting interrupted the second day of finals on Brown’s campus, shattering the calm in a study session in the Barus & Holley engineering building.
2) Australian Prime Minister Anthony Albanese and state leaders pledged to strengthen gun laws a day after a father and son killed 15 people in the nation’s deadliest terror attack. The National Cabinet has tasked police ministers and attorneys-general to explore options including caps on the number of firearms an individual can hold, limits on open-ended licenses, stricter rules on the allowed types of guns and modifications, and a requirement that license holders be Australian citizens. Albanese also said in a statement following an emergency National Cabinet meeting that ministers pledged to eradicate antisemitism, hate, violence and terrorism.
3) Hollywood director and actor Rob Reiner, who helmed 1980s classics like The Princess Bride and This Is Spinal Tap, died Sunday in murky circumstances that triggered a police investigation. He was 78. Reiner was discovered in his Los Angeles home alongside wife Michele Singer Reiner, both of whom appeared to have died from stab wounds, NBC News and other US outlets reported, citing sources close to the family. Representatives for Reiner didn’t immediately respond to requests for comment.
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Transcript
Bloomberg Audio Studios, Podcasts, radio News. Good morning. I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today. Karen, we begin with a weekend that saw two deadly mass shootings ten thousand miles apart. It started at Brown University in Providence, Rhode Island, where gunshots interrupted the second day of finals. At the Rhode Island Ivy Campuses Engineering Building, Senior Joseph Aduro was leading a study session when the mask gunman entered their lecture hall and opened fire. I was laying right next to a girl who got shot in the leg twice, and the amount of pain that she was going through was unbearable, and we just all tried to support her as best as we could. Two students were killed in the building, nine others were wounded. A person of interest was taken into custody early yesterday morning, but authorities released that individual late last night. Here's Rhode Island Attorney General Peter Naranja. This is what these investigations look like. I've been around long enough to know that sometimes you had in one direction and then you have to regroup and go in another. Rhode Island Attorney General Peter and iranha As for the Brown University campus. Students have been sent home and final exams canceled before this weekend shooting Brown, where the home city of Providence had seen just two homicides in all of this year. I Meanwhile, Nathan Australia's government says it will consider toughening gun laws after a father and his son killed fifteen people and one of the deadliest terror attacks in the country's history. It took place at a Jewish community celebration of Hanukkah on Sydney's Bondi Beach. Dozens more were injured. Australian Prime Minister Anthony Albinisi described the attack as an act of evil anti semitism. What we saw, yes, it was an active, pure able, an active anti Semitism in an iconic Australian lacation, Bundai Beach, that is associated with joy and it is forever tarnished by what has. Occurred in Australian Prime Minister Anthony Albinizi spoke at a news conference We get more with the Bloomberg Australia correspondent Paul Allen in Sydney. The investigation continues to police say they're going to be leaving no stone unturned and that the public would be demanding nothing less, because if I can characterize the mood in the country today, it'd be shock and also very solemn. I spent the morning down at Bondai Beach covering the news there, and it was a scene unlike I'd ever seen before. That area is usually extremely busy, very crowded. Of course, we're coming into summer here. Sunday evening when this attack happened was particularly warm, so there were a lot of people there today. However, the main street through their Campbell Parade, a very busy road, was shut. There was police tape everywhere. People were still able to make it down to lay flowers, and the pile of tributes was steadily growing while I was there. And Bloomberg's Paul Allen says a bystander who rushed and disarmed one of the attackers has won praise from leaders around the world. And another developing story we're following this morning, Karen is in Hollywood, where actor and director Rob Reiner and his wife have been found dead inside their Los Angeles home. Media outlets say they both appear to have died from Stab Wounds. The son of legendary comedian and writer Carl Reiner, followed in his father's footsteps. Rob Reiner's breakout role played came playing Archie Bunker's liberal son in law and All in the Family. He later branched out into film directing with classics such as The Princess Bride. Rob Reiner was a well known activist who contributed to liberal and democratic causes. He was seventy eight years old. Now, Nathan, let's get to the latest from the Middle East. President Trump is promising to retaliate after an attack on US forces in Syria over the weekend that killed two Army soldiers and their American interpreter. The President is blaming the attack on Islamic state. There will be a lot of damage done to the people that did it. They got the. Person, the individual person, but they'll be big damage done. President Trump spoke at a White House holiday reception. He says the Syrian government fought by the US side during the counter terror operation in the city of Palmyra. US Central Command says the gunman was killed. Syrian state run media report five suspects have been arrested in retaliation to the attack. In europe Care in Ukraine and the US are due to hold a second day of talks in Berlin today on a plan aimed at ending Russia's war. The US delegation says a lot of progress has been made on the twenty point piece plan, economic agendas, and other matters. We get more from Bloomberg senior European correspondent Oliver Kruk. So we can take it as a good sign that it turns out that Jared Kushner and Steve Wikoff actually did show up this weekend to have those talks, because that was in question going into the weekend. Trump said, basically, We're not going to send a delegation to these talks in Europe unless we think meaningful progress can be made. They spoke yesterday for about five. Hours in the US said that there had been a lot of major progress that had been made. They did not detail what exactly that includes, but we understand also going into the meeting, we had some conversations and some comments from President Zelenski suggesting that potentially Ukraine could back away from the idea of trying to join NATO, which of course is something that's been a very high priority for Ukraine. Seeing it really as one of the only effective deterrens it would have that Article five guarantee from any other invasion. Bloomberg's Oliver Cook says about ten European leaders are expected to attend today's summit, along with NATO's Secretary General Mark Ruta and European Commission President Ursula Vonderline. Let's turn to the markets now, Nathan. Futures are higher as we kick off the last full trading week of the year. This week we get the long delayed announcements of monthly employment and inflation figures. Morgan Stanley strategist Mike Wilson says moderate weakness in this week's job data could feed bullishness and equity markets. That's because he says it would raise the probability of further rate cuts from the Fed. And speaking of the Fed, Karen one of the front runners to be the next chair, Kevin Hassett, says he would consider President Trump's policy opinions if he is picked to lead the Central Bank, but Hassett says the President would not set the Fed's action. I think he has very strong and well founded views about what we ought to do, But in the end, the job of the FED is to be independent and to work with the group of people that are on the Board of Governors at the FOBC to drive a group consensus on where interest rates should be, and to do so, you know, basically with the guidance of the FED chair. But in the end it's a committee that votes. National Economic Council Director Kevin Hassett made those comments on CBS's Face the Nation. You can catch that program Sunday afternoons on Bloomberg Radio. Time Now for a look at some of the other stories making news in New York and around the world, and for that we're joined by Bloomberg John Tucker. John, good morning, Good morning, Karen. We are digging out for up to half a foot of snow in the east and now comes the deep freeze Bloomberg's I'm Carolyn here with the update. John. The storm in the second half of the weekend produced under half an inch of snow around the district, to as much as two or three inches across the Baltimore area. Then the heaviest amounts fell generally across the New York City are of Long Island and in southeastern New England, with some areas seeing forty eight inches over parts of Long Island and over four inches over parts of Cape Cod and Martha's Vineyard. Now we've got some cold are settling in behind the system. Temperatures are going to be well below normal for the district in Baltimore today, through the New York City area and on up into New England. Good news is the coal doesn't last very long. We'll be turning milder by midweek. A Bloomberg meteorologist Rob Carolyn. Jimmy Lai, the pro democracy, former Hong Kong media mogul and outspoken critic of Beijing, was convicted in a landmark nationalist security trial in the city's court this morning. It could send him to prison for the rest of his life. A Jet Blue flight halted it's ascent to avoid colliding with the US Air Force refueling tanker. The pilot is blaming the military playing for crossing his path. This incident Friday involved Jet Blue flight eleven twelve from Kurasow. New York City. Mayor elect Zorin Mundane says he's going to appoint a World Cup czar to push FIFA to lower ticket prices for the twenty twenty six tournament. I want the price to be something that's affordable. This you'd have to mortgage your house to be able to afford that for a lot of people. And when it was last in the United States, you could get to the final in California for less than two hundred dollars. That needs to be what we're looking for. Prices for the final, which will be in New York, are climbing as high as four thousand dollars. I Robot, the company that revolutionized robot vacuum cleaners in the early two thousands with its room bum model, has filed for bankruptcy and proposed handing over control to its main Chinese supplier. The Massachusetts based consumer robot maker was founded in nineteen ninety by engineers from MIT Global News twenty four hours a day, whenever you wanted with Bloomberg News. Now, I'm John Tucker, and this is Bloomberg Karen. Thanks Sean Tom now for our Bloomberg Sports update, and for that we bring in John stash Hour. Thanks Garret. Two teams Clint playoff first the LA Rams and the NFC with a forty one to thirty four win over Detroit. Seattle beat Indianapolis in their new quarterback and old QB Philip Rivers. Seahawks remain tied for first with the Rams. The Broncos Clinton playoff births in the AFC thirty four to twenty six over Green Bay. It's Denver's eleventh win in a row, but Patriots were going for an eleventh straight and had a twenty one to dot the eleade on Buffalo. The Bills came back to win thirty five thirty one. That's your Bloomberg Sports update. Stay with us. More from Bloomberg day Break coming up after this. Coast to coast on Bloomberg Radio, nationwide on Sirius XM, and around the world on Bloomberg dot Com and the Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. The world is reeling from two deadly mass shootings on both sides of the world. Old first at Brown University, where a gunman killed two people and wounded nine others studying for finals, and at Bondai Beach in Sydney, Australia, where two shooters killed at least fifteen gathered for the first night of Hanukkah. Australian Prime Minister Anthony Albanie says it was an act of pure evil. There is no place for this hate, violence and terrorism in our nation. Let me be clear, we will eradicate it. There was Australia's Prime Minister Anthony Albanize in the aftermath of the shooting at Bondai Beach. Joining us now is Bloomberg News Chief Asia correspondent Rosalind Mathieson and Roz. First off, what is the latest that we know about what the Australian Prime Minister is calling an active terror on his shores? Good morning, Good morning. Well that's right. So the Australian government has said this was a targeted attack on the Australian Jewish community. The worst terrorist attack in Australian history. Seems to have been a father and son duo who carried out the attack. They're accused of doing so, and the father was shot dead during the attack. He came to Australia from an unknown country on a student visa many decades ago. His son is an Australian born citizen critically ill in hospital now with gunshot wounds. He did come on the radar of the Australian intelligence community back in twenty nineteen. It's a bit unclear exactly the circumstances of that, and we don't know again exactly their motivation, but we do know what they were targeting, and it comes at a time as Australia, like many countries, is dealing with a domestic debate around the events in the Middle East, the war in Gaza, the recognition of a Palestinian state and more, and certainly Australia has not been immune to rising anti Semitic incidents. There's been certainly an uptick in those in recent years. So the motivation does seem to be pretty clear in that. Although we've not heard directly from the perpetrators, well. We certainly have heard though from global leaders, including Israeli Prime Minister Benjamin Natanyahu, who had some pretty strong words for the Australian government in his mind, seeing them as not doing enough to counter anti Semitism. This raises so many questions riz not just about that issue, but about the immigration issue, the gun rights issue, that so many of these issues have parallels in this country as well. Well, that's right. It's going to reopen a lot of those debates in Australia and they are very delicate and tricky as they are in many countries. I mean, Australia is not the only country that has moved to recognize the Palestinian state. A lot of other countries, including in Europe, have done similar and Israel's been critical of all those countries for those moves. But you've got the debate internally around the war in the Middle East. You've got issues around immigration. As you were saying, the rise of far right parties in Australia have been really playing on that immigration mood and pushing the existing government potentially further to the right in the process, and that's going to feed into that debate again this terrorist attack. And on the gun side, Australia has some of the most stringent gun control laws in the planet. They've been lauded for the laws they've had in place for decades since a lone gunman opened fire on people in Tasmania and killed more than thirty banning automatic and most semi automatic weapons. However, in recent years there's been a proliferation of guns again in Australia, people holding more than one weapon, and so the government's saying they're going to re examine those laws, bring them up to date. Perhaps and bring in further rules around gun control, because it's clear, you know, this incident is an unusual one for Australia. It doesn't have a high rate of gun violence compared to other countries. But that seems to be that the feeling that perhaps that's led to a little bit of complacency as a result. In just thirty seconds. The same could really be said about Rhode Island, home to Brown University. Also with some of the strictest gun laws in this country. You wonder where that debate's going to go in the US. Now, well, that's right and particularly shocking for that community. As you say, gun violence is extremely rare where this attack occurred, and it's been shocking to people as a result, and you know, essentially closing the university, sending students home who have not completed their final exams for the semester, shuttering the university in a real sense of shock, both in the university and the community that this could happen, you know, and someone still potentially at large. This is Bloomberg Daybreak, your morning podcast on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed by six am Eastern each morning on Apple, Spotify, or anywhere else you listen. You can also listen live each morning starting at five am Wall Street Time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg ninety two nine in Boston, and nationwide on Serious XM Channel Y Plus. Listen coast to coast on the Bloomberg Business app now with Apple CarPlay and Android Atto interfaces. And don't forget to subscribe to Bloomberg News Now. It's the latest news whenever you want it in five minutes or less. Search Bloomberg News Now on your favorite podcast platform to stay informed all day long. I'm Karen Moscow. And I'm Nathan Hager. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg Day Ray