Israel Hostage Latest; Jobs Report Friday
On today's podcast:
1) Israeli Prime Minister Benjamin Netanyahu Promises to Keep its Fight with Hamas after Hostage Murders
2) Kamala Harris Hits the Campaign Trail with a Promise to Pennsylvania Steelworkers
3) Markets Prepare for a Key Labor Market Reading this WeekÂ
See omnystudio.com/listener for privacy information.
2024-09-03
17 min
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Bloomberg Audio Studios, Podcasts, radio News. 0:00:09.880 --> 0:00:10.440 Good morning. 0:00:10.480 --> 0:00:13.280 I'm Nathan Hager and I'm Karen Moscow. Here are the 0:00:13.320 --> 0:00:15.080 stories we're following today. 0:00:14.920 --> 0:00:18.280 Karen, we begin in Israel, where events continue to unfold 0:00:18.320 --> 0:00:21.520 after six Israeli hostages were found shot dead in a 0:00:21.600 --> 0:00:25.320 Gaza tunnel over the weekend. Prime Minister Benjamin Natuna, who 0:00:25.320 --> 0:00:29.120 has responded with a defiant press conference saying Israel will 0:00:29.160 --> 0:00:31.920 not meet Hamas's demands to give up control of the 0:00:31.960 --> 0:00:34.120 border area between Gaza and Egypt. 0:00:34.560 --> 0:00:38.680 I don't believe that either President Biden or anyone serious 0:00:39.200 --> 0:00:43.160 about achieving peace and achieving the release would seriously ask 0:00:43.280 --> 0:00:46.000 Israel Israel to make these concessions. 0:00:46.240 --> 0:00:49.040 We've already made them, Israeli Prime Minister Natunyah, who is 0:00:49.040 --> 0:00:52.320 also apologizing to the bereaved families. He says the nation 0:00:52.600 --> 0:00:57.040 must maintain permanent control over the Philadelphi Quarter. He's accusing 0:00:57.120 --> 0:00:59.920 Hamas of using it to import arms that it's used 0:01:00.080 --> 0:01:00.920 against Israel. 0:01:01.720 --> 0:01:05.800 Meanwhile, Nathan, Israelis took part in labor strikes and nationwide 0:01:05.840 --> 0:01:09.080 protests Sunday to try to force antan Yahoo's government to 0:01:09.120 --> 0:01:12.240 agree to a cease fire and secure the release of hostages. 0:01:12.600 --> 0:01:15.440 Many post offices and bank branches were closed, while the 0:01:15.440 --> 0:01:19.000 country's main airport suspended some takeoffs, and a number of 0:01:19.040 --> 0:01:22.119 shopping malls and high tech firms shut their offices as well. 0:01:22.480 --> 0:01:25.440 They were the largest protests since the deadly invasion by 0:01:25.480 --> 0:01:28.000 Hamas that set off the war last October. 0:01:28.240 --> 0:01:31.440 Karen Netanyah, who is also feeling pressure from President Biden, 0:01:31.560 --> 0:01:34.360 he says the prime Minister's not doing enough to reach 0:01:34.400 --> 0:01:36.959 a deal. The President was asked if he has spoken 0:01:37.000 --> 0:01:39.520 to Netayah, who about the negotiations where the. 0:01:39.680 --> 0:01:44.600 Sting dustration not with him as mark College cover from US. 0:01:46.000 --> 0:01:49.880 The President says he will speak with Israel's Prime minister eventually, 0:01:50.000 --> 0:01:53.040 and he promised that Hamas leaders will pay for the murders. 0:01:53.400 --> 0:01:56.080 Netan Yahoo contended during his news conference that the only 0:01:56.080 --> 0:01:59.040 way for Israel to achieve total victory is to destroy 0:01:59.120 --> 0:02:01.680 Hamas's military and governing capabilities. 0:02:02.120 --> 0:02:06.120 Meanwhile, Nathan the UK says it's suspending some licenses for 0:02:06.320 --> 0:02:09.600 arms exports to Israel after concluding the use of British 0:02:09.680 --> 0:02:15.120 components in Gaza could violate international humanitarian law. Bloomberg Israel 0:02:15.160 --> 0:02:18.440 Bureau chief Evan Bronner says the move is more symbolic 0:02:18.480 --> 0:02:19.240 than practical. 0:02:19.600 --> 0:02:21.960 It's not a major export to the major exporters to 0:02:22.120 --> 0:02:25.040 Israel of arms of the US and Germany. I think 0:02:25.080 --> 0:02:27.440 after that comes Italy. The UK's down on the list. 0:02:27.600 --> 0:02:31.320 But the UK is considered an important ally and friend 0:02:31.320 --> 0:02:33.960 to this country, and so the idea that it would 0:02:34.560 --> 0:02:39.960 take this set of steps to limit arms exports, so 0:02:40.000 --> 0:02:41.520 you know, it makes it harder for them. 0:02:41.760 --> 0:02:45.720 Bloomberg's Ethan Bronner says the UK suspension does not amount 0:02:45.720 --> 0:02:47.560 to an arms embargo on Israel. 0:02:47.880 --> 0:02:50.360 Bank hear in the US, Karen, the presidential election, we 0:02:50.360 --> 0:02:53.080 can say is in full swing now. Following the Labor 0:02:53.120 --> 0:02:56.440 Day holiday, Vice President Kamala Harris told the United steel 0:02:56.440 --> 0:02:59.640 Workers Union in Pittsburgh she would oppose the sale of 0:02:59.720 --> 0:03:02.079 US steel to Japan's Nippon Steele. 0:03:02.560 --> 0:03:06.880 US Steele is an historic American company and it is 0:03:07.080 --> 0:03:12.440 vital for our nation to maintain strong American steel companies. 0:03:12.639 --> 0:03:16.120 And I couldn't agree more with President Biden. US steel 0:03:16.320 --> 0:03:18.480 should remain American. 0:03:17.919 --> 0:03:20.400 Owned, an American operator. 0:03:20.960 --> 0:03:21.120 Now. 0:03:21.160 --> 0:03:24.160 The statement is Kamala Harris's first on the proposed deal. 0:03:24.200 --> 0:03:26.680 It does align with President Biden, who has also pledged 0:03:26.720 --> 0:03:30.519 to keep US Steel domestically owned. Republican nominee Donald Trump 0:03:30.560 --> 0:03:33.400 has also called for the transaction to be blocked. The 0:03:33.400 --> 0:03:36.640 former president did not have any campaign events over the 0:03:36.640 --> 0:03:40.160 holiday weekend, but he and Harris will return to Pennsylvania 0:03:40.200 --> 0:03:42.680 next week when they face off for the first time 0:03:43.000 --> 0:03:47.000 in the ABC News hosted presidential debate on September tenth. 0:03:47.040 --> 0:03:49.520 That's going to be held at the National Constitution Center 0:03:49.600 --> 0:03:50.520 in Philadelphia. 0:03:50.960 --> 0:03:53.720 Well, Nathan, we have a number of international election headlines 0:03:53.760 --> 0:03:57.440 this morning. Venezuela has ordered the arrest presidential candidate and 0:03:57.560 --> 0:04:02.320 Mundo Gonzales. It's an escalation of the government's crackdown on dissent. 0:04:02.560 --> 0:04:06.280 In the wake of a disputed election, Venezuelan authorities declared 0:04:06.320 --> 0:04:09.440 President and Nicholas Maduro the winner to a third term, 0:04:09.480 --> 0:04:13.480 despite the opposition uploading voting wrecords that show Gonzalez won 0:04:13.560 --> 0:04:16.640 in a landslide. The US government may be ready to 0:04:16.680 --> 0:04:20.120 take action as well. Documents seen by Bloomberg show the 0:04:20.160 --> 0:04:24.360 Treasury Department is close to announcing fifteen individual sanctions on 0:04:24.520 --> 0:04:28.799 Maduro affiliated officials, Sources tell Bloomberg. The State Department also 0:04:28.839 --> 0:04:32.560 plans to impose visa restrictions on thirty four relatives of 0:04:32.640 --> 0:04:33.640 government officials. 0:04:33.839 --> 0:04:37.159 Meanwhile, in Germany, Karen Chancellor oll Off Schultz's ruling coalition 0:04:37.360 --> 0:04:41.680 was punished in two regional elections in Eastern Germany. Populist 0:04:41.720 --> 0:04:44.360 parties on the extreme right and left took more than 0:04:44.400 --> 0:04:48.240 sixty percent of the vote in Turingia almost half in Saxony, 0:04:48.320 --> 0:04:51.320 representing the first triumph of a far right party in 0:04:51.360 --> 0:04:55.279 a German state ballot since World War II. The results 0:04:55.360 --> 0:04:58.520 dealt another blow to Schultz and his deeply unpopular government 0:04:58.600 --> 0:05:01.880 and could prompt renewed co for an early general election 0:05:02.000 --> 0:05:02.520 in Germany. 0:05:03.080 --> 0:05:07.200 Well, we also have a key company news out of Germany, 0:05:07.320 --> 0:05:11.560 Nathan Volkswagen's considering closing factories in its home country for 0:05:11.600 --> 0:05:14.200 the first time in its history. The cost cutting move 0:05:14.240 --> 0:05:17.000 would attempt to end the company's three decades old pack 0:05:17.080 --> 0:05:21.000 with workers to keep jobs secure. Bloomberg's Elizabeth Berman says 0:05:21.120 --> 0:05:24.640 Volkswagen's set up for a showdown with workers and government. 0:05:24.960 --> 0:05:28.480 To push through any big decisions, any big savings plan, 0:05:28.800 --> 0:05:33.760 management needs the support of worker representatives that make up 0:05:33.839 --> 0:05:37.800 half the supervisory board. There's also the state of Lower 0:05:37.920 --> 0:05:40.880 Saxony that has a big stake. Also has seats on 0:05:40.920 --> 0:05:44.479 the supervisory board. They usually side in decisions with the 0:05:44.560 --> 0:05:48.320 worker representatives, and then management also needs to win over 0:05:48.360 --> 0:05:50.000 the billionaire owner family. 0:05:50.440 --> 0:05:55.039 And Bloomberg Auto's editor Elizabeth Berman says Volkswagen's profit margins 0:05:55.080 --> 0:05:58.279 have been squeezed thanks to increase competition from electric car 0:05:58.320 --> 0:06:01.200 makers and a broader consumer spending slowdown. 0:06:01.480 --> 0:06:04.800 In Brazil, a Supreme Court justice has ordered the shutdown 0:06:04.800 --> 0:06:08.400 of X former elite Twitter, saying it violates his orders 0:06:08.440 --> 0:06:12.320 to remove misleading content. The ruling marks the biggest blackout 0:06:12.560 --> 0:06:15.280 X has faced in a country where it has widespread adoption. 0:06:15.960 --> 0:06:19.400 X's billionaire owner Elon Musk, is decrying the move as censorship. 0:06:19.440 --> 0:06:22.359 He called the judge a dictator in a post to 0:06:22.400 --> 0:06:23.080 the platform. 0:06:23.720 --> 0:06:27.040 Well elsewhere in company news, Nathan Sources tell Bloomberg Goldman 0:06:27.200 --> 0:06:30.279 Sachs plans to dismiss a few hundred employees in coming 0:06:30.320 --> 0:06:32.600 weeks as part of the firm's annual call of low 0:06:32.640 --> 0:06:36.080 performing staff. It would bring total cuts in twenty twenty 0:06:36.080 --> 0:06:38.839 four to about three to four percent of the bank's workforce, 0:06:39.160 --> 0:06:41.680 in line with the bank's typical approach to keep a 0:06:41.720 --> 0:06:44.800 lid on costs. Goldman's stock climb to an all time 0:06:44.920 --> 0:06:46.480 high at the end of last week. 0:06:46.480 --> 0:06:49.760 And this morning, Karen futures are trading lower as we 0:06:49.920 --> 0:06:53.520 enter the first trading day of September. Bloomberg's John Tucker 0:06:53.640 --> 0:06:55.039 joins us with the preview. 0:06:54.800 --> 0:06:58.200 John and Nathan September has the unenvy built distinction of 0:06:58.200 --> 0:07:01.600 being known historically as the worst month for stocks. On Friday, 0:07:01.640 --> 0:07:04.159 stocks spiked in the last ten minutes of Wall Street trading, 0:07:04.480 --> 0:07:06.560 with the IS and P five hundred finishing close to 0:07:06.600 --> 0:07:09.560 its old time high. That came after the Fed's preferred 0:07:09.600 --> 0:07:13.200 measure of inflation rose at a mild pace. A manufacturing 0:07:13.280 --> 0:07:15.080 data later today is going to mark the start of 0:07:15.120 --> 0:07:18.520 a pretty busy week of economic reports. The jobs report 0:07:18.560 --> 0:07:20.840 at the end of the week might bring some clues 0:07:20.880 --> 0:07:22.880 to the size of a rape cut this month from 0:07:22.880 --> 0:07:25.800 the Federal Reserve. Markets are currently pricing to start to 0:07:25.840 --> 0:07:29.280 policy easing, with a roughly one in five chance of 0:07:29.320 --> 0:07:33.080 a fifty bases point cut's, according to data compiled by 0:07:33.120 --> 0:07:35.280 Bloomberg John Tucker Bloomberg Radio. 0:07:35.440 --> 0:07:36.440 All right, John, thank. 0:07:36.280 --> 0:07:41.440 You when it's time now for a look at some 0:07:41.480 --> 0:07:43.360 of the other stories making news in New York and 0:07:43.400 --> 0:07:45.480 around the world, and for that We're joined by Bloomberg's 0:07:45.520 --> 0:07:47.840 Michael Barr. Michael good Morning, Good morning Karen. 0:07:47.920 --> 0:07:51.000 New York City's Caribbean festival, known as the West Indian 0:07:51.080 --> 0:07:55.480 Day Parade, turned into chaos and violence. Five people were 0:07:55.520 --> 0:07:59.200 shot after gunshots rang out along the parade route in Brooklyn. 0:07:59.440 --> 0:08:02.640 Police said four males and a female between the ages 0:08:02.680 --> 0:08:06.280 of sixteen and sixty nine were wounded. All are now 0:08:06.440 --> 0:08:10.160 in stable condition. In my PDE Chief of Patrol John 0:08:10.240 --> 0:08:12.640 Shell saying the gunfire was targeted. 0:08:13.080 --> 0:08:16.800 This was an intentional act by one person towards. 0:08:16.480 --> 0:08:17.240 A group of people. 0:08:17.560 --> 0:08:20.160 We do, not, by no means have any active shoot 0:08:20.240 --> 0:08:23.640 up or anything of that nature running around easton palk 0:08:23.680 --> 0:08:24.560 We as we speak. 0:08:24.920 --> 0:08:28.200 Chief Shell says, if anyone has any video to help 0:08:28.240 --> 0:08:31.960 catch the shooter, please call the police. After the Labor 0:08:32.040 --> 0:08:35.600 Day holiday, delays are expected to continue at Newark Liberty 0:08:35.640 --> 0:08:41.439 International Airport After equipment outages related to radar Monday afternoon, 0:08:41.480 --> 0:08:44.040 the FAA issued a ground stop, which threw the normally 0:08:44.120 --> 0:08:48.280 busy schedule into a tail spin and cost travelers extra money. 0:08:48.800 --> 0:08:51.839 I would say probably like five seven hundred more than 0:08:51.880 --> 0:08:56.760 it was supposed to with food, travel expenses, actual hotel costs. 0:08:57.040 --> 0:08:59.920 According to fly Aware, more than three hundred flights were 0:09:00.080 --> 0:09:04.400 delayed and dozens canceled. Police in the Chicago area have 0:09:04.520 --> 0:09:07.320 arrested a suspect in a fatal shooting on a moving 0:09:07.480 --> 0:09:11.200 subway train. A gunman killed four passengers in the suburb 0:09:11.240 --> 0:09:14.920 of Forest Park, the last stop along the CTA's Blue Line, 0:09:15.160 --> 0:09:18.200 about fifteen minutes west of the city. Authority say the 0:09:18.240 --> 0:09:22.320 horror unfolded on two separate subway cars. The suspected shooter 0:09:22.480 --> 0:09:25.719 was tracked down on an entirely different train line by 0:09:25.720 --> 0:09:29.720 a police using surveillance video. In Connecticut, one person is 0:09:29.800 --> 0:09:32.640 dead and two others are missing after a major boat 0:09:32.679 --> 0:09:36.720 accident in Old Saybrook. Officials say the accident happened last 0:09:36.840 --> 0:09:40.440 night near the Harbor One Marine. When emergency crews arrived, 0:09:40.440 --> 0:09:44.679 they say they found a half submerged single motor boat 0:09:44.720 --> 0:09:48.280 with significant damage. Athority say the boat, with nine people 0:09:48.320 --> 0:09:51.640 on board, hit an east facing jetty at the mouth 0:09:51.679 --> 0:09:53.880 of the Connecticut River. This man lives nearby. 0:09:54.160 --> 0:09:56.680 Eventally they hit the jetty at the end of the spot. 0:09:56.880 --> 0:09:59.640 At the end of the jetty is a big spike 0:09:59.640 --> 0:10:02.319 goes lit fifty feet. Tholu says long Island Sound around 0:10:02.360 --> 0:10:04.880 the peril and I fixed there but a month ago, 0:10:06.080 --> 0:10:11.800 and I think he was going too fast and hopefully 0:10:11.960 --> 0:10:12.640 we'll find the people. 0:10:12.679 --> 0:10:13.320 They were alive. 0:10:14.000 --> 0:10:16.959 Six other people were taken to an area hospital. Global 0:10:17.000 --> 0:10:19.360 News twenty four hours a day and whenever you want 0:10:19.360 --> 0:10:22.920 it with News Now on Bloomberg. I'm Michael Barr, and 0:10:23.000 --> 0:10:24.000 this is Bloomberg. 0:10:24.080 --> 0:10:31.840 Karen. All right, Michael Barr, thank you time now for 0:10:31.880 --> 0:10:34.280 the Bloomberg Sportes update with John stash Hour. 0:10:34.400 --> 0:10:35.960 John, Good morning, Good morning Karen. 0:10:36.000 --> 0:10:38.439 After swifting the White Sox, the Mets returned home to 0:10:38.480 --> 0:10:40.480 face the Red Sox. Got seven strong innings with the 0:10:40.520 --> 0:10:42.439 waist seven Arena, a game with all the scoring coming 0:10:42.480 --> 0:10:44.719 to the first four innings. Mets won four to one. 0:10:44.720 --> 0:10:46.680 They moved ten over five hundred. They're only a half 0:10:46.679 --> 0:10:49.480 game behind it Lent in the race for the last 0:10:49.600 --> 0:10:51.720 NL Wildcard. Half game is fill with the Yankees leave 0:10:51.760 --> 0:10:54.880 the Orioles by Baltimore now getting to flit the lowly 0:10:54.920 --> 0:10:57.319 White Sox. The Orioles won thirteen to three. Shott was 0:10:57.360 --> 0:10:59.559 the eleventh loss in a row, one hundred and eighth 0:10:59.600 --> 0:11:02.080 of the season, and they've also lost each of Chris 0:11:02.120 --> 0:11:05.760 Flexen's last twenty starts. That's a dubious Major League record. 0:11:05.840 --> 0:11:08.960 Yankees in Texas Cleaver Torres to run double third inning, 0:11:09.000 --> 0:11:11.680 then five runs in the sixth RBI, doubles by Aaron 0:11:11.760 --> 0:11:13.360 Judge and Anthony Rizzo, and then they went yard. 0:11:13.440 --> 0:11:16.960 In the eighth first pet swing eight, John Carlo Stanton 0:11:17.360 --> 0:11:20.400 swings bashes it high and deep center field at the 0:11:20.520 --> 0:11:26.000 one god four oh seven to straightaway seer Laote Taveres 0:11:26.640 --> 0:11:29.960 looked up, thought about alap and then just let it go. 0:11:30.320 --> 0:11:32.640 He has been ready to call Yanks behind. Garrett Cole 0:11:32.720 --> 0:11:35.400 beat the Rangers eight to four. US Open top seeds 0:11:35.840 --> 0:11:38.360 lead the way into the quarterfinals. Yannik Center lost the 0:11:38.400 --> 0:11:40.440 first set in the opening round, has not dropped the 0:11:40.480 --> 0:11:44.280 set since last night, seven six, seven sixty six one 0:11:44.360 --> 0:11:47.400 over the American Tommy Paul Egusciantek. He yet to lose 0:11:47.400 --> 0:11:49.880 the set. She advances to a quarterfinal match tomorrow with 0:11:50.080 --> 0:11:52.720 American Jess Piccula. Two American men have their Round of 0:11:52.760 --> 0:11:56.280 eight matches today in ash Stadium a first Tailor Fritzticky 0:11:56.280 --> 0:12:00.720 and Alex Saverev primetime. Francis Tiafla meeting Gregor a year 0:12:00.720 --> 0:12:03.480 ago Florida State had a thirteen ar oh regular season 0:12:03.480 --> 0:12:05.720 this year. There zero to two lost last night in 0:12:05.720 --> 0:12:09.240 Tallahassee to Boston College twenty eight to thirteen. Johns stashe 0:12:09.320 --> 0:12:11.080 one of Bloomberg Sports Karen Nathan. 0:12:13.160 --> 0:12:17.320 Coast to Coast on Bloomberg Radio nationwide on Sirius XM, 0:12:17.400 --> 0:12:20.320 and around the world on Bloomberg dot Com and the 0:12:20.360 --> 0:12:23.760 Bloomberg Business app. This is Bloomberg Daybreak. 0:12:23.880 --> 0:12:26.200 Good morning, I'm Nathan Hager. There is new pressure on 0:12:26.320 --> 0:12:28.920 Israeli Prime Minister Benjamin Natan Yahoo to come to a 0:12:28.960 --> 0:12:32.040 ceasefire and hostage release deal with Hamas after the killings 0:12:32.080 --> 0:12:35.680 of six Israeli hostages inside tunnels in Gaza. But the 0:12:35.679 --> 0:12:37.559 Prime Minister is standing firm. 0:12:37.880 --> 0:12:39.720 We say yes, they say no all the time, but 0:12:39.800 --> 0:12:43.400 they also murdered these people and now we need maximum 0:12:43.440 --> 0:12:44.360 pressure on Kamas. 0:12:44.559 --> 0:12:46.760 That was the Prime Minister last night in a defiant 0:12:46.760 --> 0:12:50.199 news conference following a weekend of massive protest in Israel. 0:12:50.280 --> 0:12:52.719 Joining us now is Bloomberg's News director for Europe, the 0:12:52.760 --> 0:12:57.000 Middle East and Africa, Rosalind Mathison Roz, Good morning. The 0:12:57.040 --> 0:13:00.280 Prime Minister talks about keeping maximum pressure on Hamas. What 0:13:00.360 --> 0:13:02.400 is the pressure like on him though to come to 0:13:02.440 --> 0:13:02.839 a deal. 0:13:03.480 --> 0:13:05.559 Well, the pressure has been quite intense from the US 0:13:05.600 --> 0:13:09.600 and elsewhere. We've seen quite sizable protests in recent days. 0:13:09.600 --> 0:13:12.400 Although the protests today look like they have tapered a bit, 0:13:12.480 --> 0:13:15.240 they are smaller in size, so maybe some of that 0:13:15.360 --> 0:13:18.600 initial pressure is fading. But certainly you're seeing a high 0:13:18.679 --> 0:13:22.240 level of frustration both within within Israel itself but also 0:13:22.960 --> 0:13:26.120 allies including the US, about how after months and months 0:13:26.120 --> 0:13:29.480 of conversation, we're still not really much closer to an 0:13:29.520 --> 0:13:33.600 agreement for a ceasefire in Gaza. You know, fundamental points 0:13:34.000 --> 0:13:37.720 that Israel has, fundamental sticking points that Hamas has also, 0:13:38.400 --> 0:13:40.560 and the Israeli Prime Minister says that he feels that 0:13:40.640 --> 0:13:44.240 Israel's given enough ground there in the conversation and they're 0:13:44.240 --> 0:13:47.240 not willing to concede more. His concern is, you know, 0:13:47.320 --> 0:13:48.839 some of the things that are on the table might 0:13:48.880 --> 0:13:52.640 allow Hamas potentially to regroup into rearm and come back 0:13:52.679 --> 0:13:56.200 at Israel yet again in the aftermath of the October 0:13:56.240 --> 0:13:58.800 seven attack. So he says he's got some lines in 0:13:58.840 --> 0:14:02.400 the sand in the conversations. So the question is where 0:14:02.400 --> 0:14:05.120 did these conversations go from here? Is there any way 0:14:05.160 --> 0:14:08.439 through in the negotiations, because the clock is ticking not 0:14:08.640 --> 0:14:11.520 just for Gaza and in the war, but also in 0:14:11.559 --> 0:14:14.319 the US political cycle for example, and the US is 0:14:14.360 --> 0:14:17.240 going to run out of road in the current administration 0:14:17.440 --> 0:14:18.920 to get a seisfy navigated. 0:14:19.400 --> 0:14:22.400 Well, let's talk about where the negotiations stand right now. 0:14:22.480 --> 0:14:25.200 I mean, we've had these sort of indirect talks with 0:14:25.280 --> 0:14:28.920 an Israeli team meeting with US katri and Egyptian officials 0:14:28.960 --> 0:14:32.720 and Hamas sort of on the sidelines. Where do things 0:14:32.760 --> 0:14:33.520 stand right now? 0:14:34.320 --> 0:14:37.640 Well, there are currently no formal negotiations going on. After 0:14:37.680 --> 0:14:40.480 the last round again proved inconclusive. There have been various 0:14:40.520 --> 0:14:44.400 proposals that have come up that haven't really eventuated. There 0:14:44.400 --> 0:14:46.760 are reports the US is getting towards what they would 0:14:46.760 --> 0:14:50.240 call it take or leave it final proposal to try 0:14:50.280 --> 0:14:55.320 and force both Hamas and Israel to agree. But you know, 0:14:55.480 --> 0:14:59.280 it doesn't necessarily again overcome those fundamental sticking points, which 0:14:59.320 --> 0:15:02.200 are about, for example, what would be the purpose of 0:15:02.240 --> 0:15:05.480 the ceasefire even Is it to have a pathway to 0:15:05.680 --> 0:15:08.320 ending the conflict or is it just a temporary truth 0:15:08.360 --> 0:15:11.720 that would allow fighting to resume. And it's quite a 0:15:11.800 --> 0:15:13.720 risky thing for the US to say, look, this would 0:15:13.720 --> 0:15:15.760 be the final offer from US, and otherwise we're kind 0:15:15.800 --> 0:15:20.280 of walking away and it's too hard to continue from here. 0:15:20.320 --> 0:15:21.680 But we need to see whether there's going to be 0:15:21.720 --> 0:15:25.080 any momentum to bring parties together for yet another round 0:15:25.080 --> 0:15:28.040 of talks in Kuta, for example, in the coming weeks. 0:15:28.080 --> 0:15:29.920 Currently nothing is scheduled. 0:15:29.920 --> 0:15:33.000 Just thirty seconds left. Ros Well, we've seen massive protests 0:15:33.240 --> 0:15:36.960 by Israelis when it comes to putting pressure to get 0:15:37.000 --> 0:15:39.000 some kind of deal in the past. Is there any 0:15:39.080 --> 0:15:41.760 evidence that these latest protests could have any impact. 0:15:42.320 --> 0:15:45.160 Well, certainly they reflect a deep sort of feeling of 0:15:45.200 --> 0:15:49.600 frustration within Israel which was there before the war. 0:15:49.640 --> 0:15:50.240 There were big. 0:15:50.120 --> 0:15:53.360 Anti protests that we're going on that kind of came 0:15:53.400 --> 0:15:55.960 to a halt when the war began, and there's frustration 0:15:56.160 --> 0:15:58.400 over his leadership that was there, over the state of 0:15:58.400 --> 0:16:02.800 the economy bubbling away throughout. The question is is it 0:16:02.840 --> 0:16:05.480 sort of fading again for the minute At some point 0:16:05.920 --> 0:16:08.200 as and when the war does potentially draw to a close, 0:16:08.280 --> 0:16:10.000 those issues are really going to come to the four 0:16:10.080 --> 0:16:14.120 for Netnyahu, but they're unlikely to force a major change 0:16:14.120 --> 0:16:15.520 in path for him. In the minute. 0:16:15.560 --> 0:16:18.480 This is Bloomberg day Break Today, your morning brief on 0:16:18.560 --> 0:16:22.080 the stories making news from Wall Street to Washington and beyond. 0:16:22.360 --> 0:16:25.120 Look for us on your podcast feed at six am 0:16:25.200 --> 0:16:28.840 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:28.920 --> 0:16:30.120 get your podcasts. 0:16:30.200 --> 0:16:32.920 You can also listen live each morning starting at five 0:16:32.960 --> 0:16:35.560 am Wall Street Time, on Bloomberg eleven three to zero 0:16:35.600 --> 0:16:38.440 in New York, Bloomberg ninety nine to one in Washington, 0:16:38.560 --> 0:16:41.800 Bloomberg one six to one in Boston, and Bloomberg ninety 0:16:41.800 --> 0:16:43.200 sixty in San Francisco. 0:16:43.560 --> 0:16:46.720 Our flagship New York station is also available on your 0:16:46.760 --> 0:16:52.200 Amazon alection devices. Just say Alexa play Bloomberg eleven thirty plus. 0:16:52.240 --> 0:16:55.640 Listen coast to coast on the Bloomberg Business app, Serious XM, 0:16:55.760 --> 0:16:58.840 the iHeartRadio app, and on Bloomberg dot com. 0:16:58.880 --> 0:17:01.000 I'm Nathan Hager, I'm Karen Moscow. 0:17:01.160 --> 0:17:03.960 Join us again tomorrow morning for all the news you 0:17:04.080 --> 0:17:07.280 need to start your day right here on Bloomberg Daybreak
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