Zelenskiy's Plea Falls Flat; Will Powell Signal Rate Cuts?

Good morning. 0:00:03.080 --> 0:00:05.920 I'm Nathan Hager and I'm Karen Moscow. Here are the 0:00:05.960 --> 0:00:07.480 stories we're following today. 0:00:07.800 --> 0:00:11.520 We begin with the fight for Ukraine funding in Washington. 0:00:11.760 --> 0:00:15.440 Ukraine's President Vladimir Zelenski was in the nation's capital yesterday 0:00:15.440 --> 0:00:18.520 pleading with lawmakers to approve sixty one billion dollars in 0:00:18.640 --> 0:00:21.520 aid for his war effort against Russia, but he left 0:00:21.560 --> 0:00:25.040 with no clear commitment. President Zelenski says any delays in 0:00:25.079 --> 0:00:28.280 extra funding benefit Putin and threatened the rest of the world. 0:00:28.480 --> 0:00:32.800 And this moto resonates not only in our country, not 0:00:32.840 --> 0:00:35.360 only in our hearts, not only in Ukraine, but also 0:00:35.400 --> 0:00:39.519 in Poland and Baltic States, Moldova and others. When freedom 0:00:39.880 --> 0:00:43.360 is strong in one country, it is strong everywhere. 0:00:43.880 --> 0:00:47.280 President Zelenski spoke alongside President Biden, who vowed the US 0:00:47.360 --> 0:00:49.600 will come through to stop Vladimir Putin. 0:00:49.800 --> 0:00:53.880 Today Ukraine's freedom is on the line. But if we 0:00:53.960 --> 0:00:58.720 don't stop Putin andlling danger the freedom of everyone almost everywhere, 0:00:59.280 --> 0:01:02.840 pun will keeping and would be aggressors everywhere will be 0:01:02.880 --> 0:01:06.240 emboldened to try to take what they can by force. 0:01:06.400 --> 0:01:10.279 The President Biden says Congress must pass supplemental funding for Ukraine, 0:01:10.280 --> 0:01:13.760 but that support is stalled. Congressional Republicans are demanding support 0:01:13.800 --> 0:01:17.440 for border security as part of any deal. Meanwhile, a 0:01:17.520 --> 0:01:20.800 Russian missile attack on Ukraine's capital, Kiev this morning has 0:01:20.880 --> 0:01:21.840 left dozens injured. 0:01:22.319 --> 0:01:25.520 Well, Nathan, we're also closely following the ongoing war between 0:01:25.560 --> 0:01:29.440 Israel and Hamas, and we're seeing a divide on that front. 0:01:29.480 --> 0:01:32.480 There is a split in thinking between the US and Israel, 0:01:32.520 --> 0:01:35.119 and it's made its way into public view and Bloomberg's 0:01:35.120 --> 0:01:37.080 and Baxter joins us with that story. 0:01:37.319 --> 0:01:40.720 President Biden very openly saying that Prime Minister Netanya, who 0:01:40.760 --> 0:01:44.479 has to change our risk losing international support. He's referring 0:01:44.520 --> 0:01:48.360 to two things. First that after the war, Israel must 0:01:48.360 --> 0:01:52.480 be thinking about accepting the Palestinian authority and second, in 0:01:52.560 --> 0:01:56.080 the way in which the war is currently prosecuted. 0:01:55.480 --> 0:02:00.120 Attempting to do everything possible to prevent innocent palace to 0:02:00.160 --> 0:02:03.920 the incidents from being being hurt murdered, kil. 0:02:04.360 --> 0:02:07.279 Lost that Yahoo in response, says he will not accept 0:02:07.320 --> 0:02:11.040 Palo standing authority rule. Meanwhile, the UN General Assembly has 0:02:11.120 --> 0:02:15.280 voted a call for US cease fire at Baxter Bloomberg Radio. 0:02:15.000 --> 0:02:17.680 Okay and thank you. Meanwhile, House Republicans plan to vote 0:02:17.680 --> 0:02:22.160 today on formalizing their ongoing impeachment inquiry into President Biden. 0:02:22.400 --> 0:02:24.840 The move will force lawmakers to take a public position 0:02:24.919 --> 0:02:28.480 on the investigations. Speaker Mike Johnson says formal approval will 0:02:28.480 --> 0:02:31.600 help him enforce subpoenas for the House committees that are 0:02:31.600 --> 0:02:33.480 investigating Biden family businesses. 0:02:34.000 --> 0:02:36.600 Well. Turning to the economy, now, Nathan, all eyes are 0:02:36.639 --> 0:02:39.520 on inflation and the Fed. Today we get the Producer 0:02:39.560 --> 0:02:42.040 Price Index at eight thirty Wall Street time. Then this 0:02:42.160 --> 0:02:45.360 afternoon we hear from Fed Chair j Powell after the 0:02:45.360 --> 0:02:48.160 Federal Reserve makes its final interest rate decision of twenty 0:02:48.200 --> 0:02:51.840 twenty three. Dana Peterson, chief economist at the Conference Board, 0:02:51.840 --> 0:02:54.960 thinks the Fed's done hiking rates, but may only cut 0:02:55.040 --> 0:02:56.680 rates a couple times next year. 0:02:56.880 --> 0:03:00.800 We think anywhere from fifty two hundred basis points makes sense, 0:03:01.000 --> 0:03:05.360 especially if inflation, according to the SEP, doesn't get beyond 0:03:05.520 --> 0:03:07.760 two percent before the end of next year. 0:03:08.160 --> 0:03:11.960 The Conference Boards Dana Peterson thinks the Federal Reserve will 0:03:11.960 --> 0:03:14.639 reach its goal of two percent inflation, it can't cut 0:03:14.720 --> 0:03:17.959 rates too much in twenty twenty four and follow Bloomberg 0:03:18.000 --> 0:03:20.359 all day for coverage of the FED decision. Live coverage 0:03:20.400 --> 0:03:22.560 begins ahead of J. Powell's or marked with a special 0:03:22.680 --> 0:03:25.839 edition of Bloomberg Surveillance at one thirty Wall Street time 0:03:25.880 --> 0:03:28.000 on Bloomberg Radio and Television. 0:03:28.360 --> 0:03:31.720 In Company News this morning, Karen elon Musk's X, the 0:03:31.800 --> 0:03:34.399 social network formerly known as Twitter, is set to bring 0:03:34.440 --> 0:03:36.800 in roughly two and a half billion dollars in ad 0:03:36.840 --> 0:03:40.240 revenue in twenty twenty three. Bloomberg Tech reporter Kurt Wagner 0:03:40.280 --> 0:03:43.720 says this is a significant slump from prior years. He 0:03:43.800 --> 0:03:47.440 thinks Musk's personal tweets are scaring off advertisers. 0:03:48.000 --> 0:03:50.760 Musk seems to not really be aware that his own 0:03:50.800 --> 0:03:53.400 behavior is having this dramatic impact, or if he is, 0:03:53.440 --> 0:03:55.600 he just simply doesn't care. But I think that's really 0:03:55.600 --> 0:03:57.960 the issue, more than anything, is that he's not really 0:03:58.000 --> 0:04:00.440 giving advertisers a good enough reason to come back. 0:04:00.440 --> 0:04:03.400 Bloomberg's Kurt Wagner says AD dollars account for seventy to 0:04:03.480 --> 0:04:05.960 seventy five percent of excess total revenue. 0:04:06.160 --> 0:04:10.560 Elsewhere in tech, Nathan Netflix yesterday released global midyear viewer 0:04:10.680 --> 0:04:13.720 data for every title on its service. It's the first 0:04:13.720 --> 0:04:16.600 of what the streaming Giants said will be regular reports 0:04:16.960 --> 0:04:19.719 as it looks to increased disclosure of audience and data. 0:04:20.040 --> 0:04:22.400 The Night Agent took the number one spot, followed by 0:04:22.520 --> 0:04:24.680 Ginny and Georgia and The Glory. 0:04:24.640 --> 0:04:28.080 Turning overseas to Dubai. Karen cop twenty eight climate talks 0:04:28.120 --> 0:04:31.279 have ended in a deal that's seeing a commitment to 0:04:31.360 --> 0:04:34.799 transition away from all fossil fuels for the first time, 0:04:34.880 --> 0:04:37.359 the president of this year's summit broker to compromise with 0:04:37.400 --> 0:04:40.440 the US and European Union, agreeing to dramatically curb fossil 0:04:40.480 --> 0:04:44.120 fuel use while bringing Saudi Arabia and other oil producers 0:04:44.160 --> 0:04:47.360 on board. This outcome breaks new ground. No previous COP 0:04:47.400 --> 0:04:50.000 text has mentioned fully moving away from oil and gas. 0:04:50.360 --> 0:04:52.840 And Nathan, we also have economic news across the globe 0:04:52.839 --> 0:04:56.760 this morning. In the UK, GDP figures shrank more than expected. 0:04:56.960 --> 0:04:59.560 Bloombergs U and Pods joins US live from London with 0:04:59.680 --> 0:05:01.400 the Good Morning Ewan. 0:05:01.640 --> 0:05:05.040 Good Morning Kardon, Nathan. UK GDP shrank zero point three 0:05:05.120 --> 0:05:08.000 percent in October, following a gain of zero point two 0:05:08.000 --> 0:05:10.720 percent in the previous month. The drop was the first 0:05:10.760 --> 0:05:14.240 since July and worse than economists forecasts. It marks a 0:05:14.279 --> 0:05:17.320 sharp reversal from slightly better than expected figures for much 0:05:17.360 --> 0:05:19.560 of this year, and ads to the impression that Britain 0:05:19.680 --> 0:05:22.719 is stuck in a long running period of stagnation. The 0:05:22.760 --> 0:05:25.440 Bank of England makes its policy decision tomorrow. Traders have 0:05:25.480 --> 0:05:28.279 been ramping up bets for rate cuts next year. In London, 0:05:28.320 --> 0:05:30.600 I'm you in pots Bloomberg Radio, Are you and thank 0:05:30.640 --> 0:05:30.880 you well? 0:05:30.920 --> 0:05:35.760 Elsewhere overseas, Argentina has devalued the peso by fifty four percent. 0:05:35.880 --> 0:05:39.760 In the country's economy minister announced massive public spending cuts. 0:05:39.960 --> 0:05:42.599 Then moves are part of new President Javier Malay's shock 0:05:42.720 --> 0:05:45.840 therapy program for the country's economy, which is battling an 0:05:45.839 --> 0:05:53.200 inflation rate north of one hundred and forty percent. And 0:05:53.200 --> 0:05:54.560 it's time to over look at some of the other 0:05:54.680 --> 0:05:56.720 stories making news around the world. And for that we're 0:05:56.760 --> 0:05:59.080 joined by Bloomberg's John Tucker, John Good Morning. 0:06:00.120 --> 0:06:03.320 Six weeks before the state's pivotal first in the Nation primary, 0:06:03.839 --> 0:06:07.839 New Hampshire Governor Chris Snuno has endorsed Republican presidential candidate 0:06:08.080 --> 0:06:16.599 Nikki Haley. He's message for GOP front runner Donald Trump, 0:06:16.720 --> 0:06:20.239 thank you for your service. We're moving on Snuno's backing 0:06:20.279 --> 0:06:23.480 of Haley comes a month after Iowa Governor Kim Reynolds 0:06:23.520 --> 0:06:27.000 endorsed Ron DeSantis for president ahead of that states first 0:06:27.000 --> 0:06:30.120 in the nation caucuses. Haley on Tuesday kicked off a 0:06:30.120 --> 0:06:33.839 three day campaign swing through New Hampshire. New York's highest 0:06:33.839 --> 0:06:36.520 court has ordered the state to redraw its congressional map. 0:06:36.839 --> 0:06:39.440 This delivers a ruling that offers Democrats a new weapon 0:06:39.480 --> 0:06:42.240 to rest control of the House from Republicans next year. 0:06:42.600 --> 0:06:46.640 The decision could have far reaching implications in reshaping the House. 0:06:46.960 --> 0:06:49.880 New York Democrats widely expected to use the opening to 0:06:49.920 --> 0:06:53.240 try to shift two to six Republican held swing districts 0:06:53.480 --> 0:06:57.960 the President Biden won from Long Island to Syracuse. Kroger 0:06:58.040 --> 0:07:01.120 is ordering thousands of workers back to the office for 0:07:01.200 --> 0:07:03.960 the majority of the work week starting early next year. 0:07:04.320 --> 0:07:07.000 That story in this report from Bloomberg's Charlie Penllett. 0:07:07.160 --> 0:07:10.520 The Cincinnati based company is the largest American operator of 0:07:10.520 --> 0:07:14.520 traditional supermarkets, and it has informed employees with the option 0:07:14.640 --> 0:07:18.600 of working remotely that beginning February fifth, they have to 0:07:18.640 --> 0:07:22.000 be present three to four days a week. That is 0:07:22.040 --> 0:07:25.080 an increase from the previous guidance of two days a 0:07:25.080 --> 0:07:28.240 week from June of twenty twenty one. The mandate will 0:07:28.240 --> 0:07:32.240 effect about fifty eight hundred employees in and around Cincinnati, 0:07:32.440 --> 0:07:37.800 as well as in Charlotte, North Carolina, Portland, Oregon, San Jose, California, 0:07:37.880 --> 0:07:41.960 Boca Raton, Florida, and Chicago. In New York Charlie Pellett 0:07:41.960 --> 0:07:42.880 Bloomberg Radio. 0:07:43.000 --> 0:07:46.240 The University of Pennsylvania appointed the dean of its medical 0:07:46.320 --> 0:07:49.880 school as the interim president to replace Liz McGill, who 0:07:49.920 --> 0:07:53.880 resigned after an opera over anti semitism on campus. Jay 0:07:53.960 --> 0:07:57.200 Larry Jamison will lead the Ivy League school, effected immediately 0:07:57.240 --> 0:08:00.760 into a new president is named McGill and Bord chair 0:08:00.800 --> 0:08:04.560 Scott Bach resigned December ninth after coming under intense pressure 0:08:04.600 --> 0:08:08.920 from alumni, donors, and lawmakers. Global news twenty four hours 0:08:08.960 --> 0:08:11.360 a day and whenever you want it with Bloomberg News. Now. 0:08:11.520 --> 0:08:14.400 I'm John Tucker, and this is Bloomberg Karen. 0:08:14.480 --> 0:08:16.040 All right, John, thank you well. We do bring you 0:08:16.080 --> 0:08:19.080 news throughout the day right here on Bloomberg Radio. But 0:08:19.160 --> 0:08:21.480 now you can get the latest news on demand, and 0:08:21.480 --> 0:08:24.640 that means whenever you wantd it. Just like John said, 0:08:24.800 --> 0:08:27.559 you can subscribe to Bloomberg News Now. It's not easy, 0:08:27.560 --> 0:08:29.200 and you get the latest headlines of a click of 0:08:29.240 --> 0:08:32.240 a button. You can get informed right on your schedule. 0:08:32.360 --> 0:08:34.720 That means you can listen and subscribe to Bloomberg News 0:08:34.720 --> 0:08:39.119 Now on the Bloomberg Business app, Bloomberg dot com plus Apple, Spotify, 0:08:39.559 --> 0:08:47.160 and anywhere else you get your podcasts. And it's time 0:08:47.200 --> 0:08:51.720 now for the Bloomberg Sports Update with John stash Hour. 0:08:52.280 --> 0:08:54.520 And we're going to go to John right now. John 0:08:54.559 --> 0:08:55.959 stash Hour, Here. 0:08:55.800 --> 0:08:57.480 You go, Karen. 0:08:57.520 --> 0:08:59.559 It is still early in the NBA season with already 0:08:59.559 --> 0:09:02.480 the Warrior Draymond Green has been ejected from a game 0:09:02.600 --> 0:09:06.520 three different times. Happens last night in Phoenix when Draymond 0:09:06.640 --> 0:09:09.520 hit the Sun's use of Nurcic in the head. Draymond 0:09:09.520 --> 0:09:12.600 did apologize after the game, but said the hit was unintentional. 0:09:12.600 --> 0:09:15.120 The Sons beat the Warriors one nineteen one sixteen. Devin 0:09:15.120 --> 0:09:18.720 Brokers scored thirty two. Bradley Beeal back in the Phoenix lineup. 0:09:18.760 --> 0:09:20.720 He's been out the last nineteen games they played last 0:09:20.800 --> 0:09:24.080 night without Kevin Durant. Celtics now eleven I at home. 0:09:24.200 --> 0:09:26.240 Jayson Tatum scored twenty five and a one twenty one 0:09:26.280 --> 0:09:29.520 thirteen win over Cleveland. Denver won at Chicago won fourteen 0:09:29.520 --> 0:09:31.760 one oh six, despite the Nuggets star in Nikola joki 0:09:31.800 --> 0:09:35.000 Is getting ejected late second quarter. The Stars were out 0:09:35.040 --> 0:09:37.640 in Dallas. Lebron James scored thirty three, but so did 0:09:37.720 --> 0:09:40.360 Luka Don says he had seventeen assistantspite playing with a 0:09:40.400 --> 0:09:43.640 bad back. The MAVs topped the Lakers by two. The 0:09:43.679 --> 0:09:46.920 Clippers beat the Kings by twenty. Duke at eighty nine 0:09:47.040 --> 0:09:50.200 sixty eight win over Hastra in college hoops. The NFL 0:09:50.240 --> 0:09:52.840 game tomorrow is the Chargers and the Raiders, and the 0:09:52.920 --> 0:09:56.679 Chargers quarterback will be Easton Stick, a relative unknown out 0:09:56.679 --> 0:09:59.280 of North Dakota State. Justin Herbert has a broken finger. 0:09:59.559 --> 0:10:02.000 He's happy surgery, he's done for the year, and a 0:10:02.080 --> 0:10:05.800 quarterback change in Minnesota or Joshua Dobbs had done well 0:10:05.840 --> 0:10:09.000 since the Vikings acquired him following the season ending loss 0:10:09.040 --> 0:10:12.320 to Kirk Cousins, but Dobbs has struggled lately. Nick Mullins 0:10:12.320 --> 0:10:15.280 will be the starter for the Vikings Saturday against Cincinnati. 0:10:15.320 --> 0:10:18.439 The Giants have signed a Korean outfielder, Young Hu Lead 0:10:18.559 --> 0:10:22.439 of a six year contract. John Stashedwer Bloomberg Sports. 0:10:25.040 --> 0:10:28.040 From coast to coast, from New York to San Francisco, 0:10:28.360 --> 0:10:32.440 Boston to Washington, d C. Nationwide on Syrias Exam, the 0:10:32.480 --> 0:10:37.199 Bloomberg Business app, and Bloomberg dot Com. This is Bloomberg Daybreak. 0:10:38.360 --> 0:10:41.520 Good morning, I'm Nathan Hager. Geopolitics has turned a lot 0:10:41.640 --> 0:10:44.320 more complicated for both the wars in Ukraine and the 0:10:44.320 --> 0:10:47.840 Middle East. Ukrainian President Vladimir Zelenski has moved on to 0:10:47.960 --> 0:10:51.440 Scandinavia this morning, has bid to drummer more support for 0:10:51.640 --> 0:10:55.760 his country's fight against Russia from Washington, d C has 0:10:55.800 --> 0:10:58.680 come up mostly empty handed, and the question of what 0:10:58.800 --> 0:11:02.319 comes after Israel's war with Hamas in Gaza has opened 0:11:02.400 --> 0:11:05.480 up a rift between President Biden and Israeli Prime Minister 0:11:05.520 --> 0:11:08.520 Benjamin Natan Yahoo that is turning more and more public. 0:11:08.559 --> 0:11:11.679 All issues we're going to discuss now with Rosalind Mathison, 0:11:11.720 --> 0:11:14.520 Bloomberg Goose Director for Europe, the Middle East and Africa. 0:11:15.000 --> 0:11:17.040 Good to speak with you, Roz this morning. I understand 0:11:17.040 --> 0:11:20.920 from warsaw so the war in Ukraine is certainly much 0:11:21.000 --> 0:11:23.600 of a focus for you today. I mean, it's really 0:11:23.600 --> 0:11:26.200 interesting to think about how much has changed in just 0:11:26.360 --> 0:11:30.520 a year when Zelenski got this rock star reception in Washington, 0:11:30.600 --> 0:11:33.400 D C. This week, not so much. 0:11:34.800 --> 0:11:37.080 Well, that's right, it was actually for anything. It just 0:11:37.200 --> 0:11:40.440 reinforced the struggles that are going on for Ukraine to 0:11:40.600 --> 0:11:44.640 get further commitments of aid, be it financial aid or 0:11:44.679 --> 0:11:47.880 military aid. I mean the previous trips he's done to 0:11:48.000 --> 0:11:50.800 the US, as you said, almost treated like a rock 0:11:50.840 --> 0:11:54.760 star and other parts of the world, addressing parliaments, RAUCUS 0:11:54.760 --> 0:11:57.280 crowds and so on. And now you know more and 0:11:57.360 --> 0:12:00.880 more that the conversation is turning tricky. The red carpet 0:12:00.960 --> 0:12:04.960 is thinning out. The US President is clearly trying very 0:12:05.000 --> 0:12:08.040 hard to get something done for Ukraine before the end 0:12:08.120 --> 0:12:12.480 of the year in terms of funding and appearing together 0:12:12.920 --> 0:12:16.240 as you said yesterday and in Washington in that regard, 0:12:16.360 --> 0:12:19.160 but it only again highlighted that Congress is pretty much 0:12:19.160 --> 0:12:22.760 stuck and saying no, we're very unlikely to produce this 0:12:22.880 --> 0:12:25.360 aid before the end of the year. And then, of 0:12:25.400 --> 0:12:27.839 course you get further into the US election cycle and 0:12:27.920 --> 0:12:32.520 becomes even more complicated. And over in Brussels, EU leaders 0:12:32.520 --> 0:12:36.600 are meeting from tomorrow. They're gathering later today to also 0:12:36.720 --> 0:12:40.120 discuss whether they can unlock further aid for Ukraine, and 0:12:40.120 --> 0:12:43.000 that's very much bogged down because of objections from countries 0:12:43.480 --> 0:12:45.920 including Hungary. So what you've got is a picture where 0:12:46.000 --> 0:12:50.120 Ukraine's going into another winter, the war is soon going 0:12:50.160 --> 0:12:53.120 to enter its third year, and nothing really is moving 0:12:53.160 --> 0:12:54.920 for Ukraine on any of these fronts. 0:12:55.200 --> 0:12:57.800 Well, what could it mean for Ukraine if it's unable 0:12:57.840 --> 0:13:02.320 to unlock this aid from the US and from Europe, 0:13:02.360 --> 0:13:04.640 What could it mean for conditions on the ground. I mean, 0:13:04.640 --> 0:13:07.360 we've seen this work pretty much move into a stalemate 0:13:07.360 --> 0:13:07.920 at this point. 0:13:09.320 --> 0:13:11.360 Well, that's right, and of course there's now talk of 0:13:11.400 --> 0:13:14.280 what can there be a different spring offensive in the 0:13:14.320 --> 0:13:17.320 next spring, and for that they would need those weapons. 0:13:17.320 --> 0:13:21.000 But certainly the fighting is moving very slowly on the ground. 0:13:21.120 --> 0:13:24.240 Russia is not making masses of territory, but they're certainly 0:13:24.240 --> 0:13:26.960 not losing a lot of it either, and as time 0:13:27.040 --> 0:13:30.600 goes on it becomes harder and harder harder to dislodge them. 0:13:30.600 --> 0:13:33.240 We've seen fresh missile attacks overnight on some of the 0:13:33.320 --> 0:13:36.120 key cities as well, and going into winter, the sense 0:13:36.160 --> 0:13:40.360 that Russia is going to target again things like energy infrastructure. 0:13:40.400 --> 0:13:43.880 The idea is just to make Ukrainians as miserable as 0:13:43.920 --> 0:13:45.880 possible through the winter, so you're going to make them 0:13:45.920 --> 0:13:48.920 feel very, very cold for a start, and so there's 0:13:48.920 --> 0:13:51.840 a sense of fatigue they're creeping in in some quarters 0:13:52.160 --> 0:13:55.520 in Ukraine. And that opens the very thorny question that 0:13:55.600 --> 0:13:58.920 people are asking and will be asked, no doubt, even 0:13:58.960 --> 0:14:01.720 more so in political halls next year, and is that 0:14:02.040 --> 0:14:03.679 at some point does there need to be a move 0:14:03.760 --> 0:14:04.840 towards the negotiation. 0:14:05.360 --> 0:14:06.840 I don't know if we can call it a question 0:14:06.880 --> 0:14:09.560 of fatigue. When it comes to the war between Israel 0:14:09.600 --> 0:14:11.720 and Hamas in Gaza. We're only a little more than 0:14:11.760 --> 0:14:14.200 two months into it, but we are seeing that situation 0:14:14.280 --> 0:14:16.680 turn a lot more complicated as well when it comes 0:14:16.760 --> 0:14:19.560 to how the Gaza strip could be administered if Israel 0:14:19.640 --> 0:14:23.040 succeeds in defeating Hamas well. 0:14:23.040 --> 0:14:23.480 That's right. 0:14:23.600 --> 0:14:26.480 You saw really the most strident comments I think so 0:14:26.640 --> 0:14:30.400 far from the US President yesterday directed at the Israeli 0:14:30.440 --> 0:14:33.400 Prime Minister Benjamin Netanyahu. And certainly the US has been 0:14:33.440 --> 0:14:38.120 a strong ally of Israel for years, and obviously after 0:14:38.200 --> 0:14:41.560 the Hammas attack or October the seventh, but really for 0:14:41.600 --> 0:14:46.920 the first time Joe Biden publicly castigating the Israeli Prime Minister, 0:14:47.240 --> 0:14:49.400 you know, saying that things are not going in the 0:14:49.480 --> 0:14:52.840 right direction, that they need to think about their plans, 0:14:52.920 --> 0:14:56.520 especially in the aftermath of this war, and that was 0:14:56.600 --> 0:14:59.880 highly unusual for him to do so. So certainly not 0:15:00.080 --> 0:15:02.720 you know, the US is not calling overtly for a 0:15:02.800 --> 0:15:06.080 sea spy, that's been something they've very much danced around, 0:15:06.480 --> 0:15:11.000 but expressing concern about the situation inside Gaza and certainly 0:15:11.360 --> 0:15:14.600 for the unresolved questions of what happens after. I mean, 0:15:14.760 --> 0:15:17.600 Israel just won't agree, they say, to a two state 0:15:17.680 --> 0:15:22.440 solution essentially involving the West Bank and Gaza, where some 0:15:22.480 --> 0:15:26.240 other countries include in the US, are potentially looking at 0:15:26.240 --> 0:15:30.479 something would involve the Palestinian authority in both places, essentially 0:15:30.960 --> 0:15:34.239 the two state solution. So certainly a lot of unknowns 0:15:34.280 --> 0:15:37.400 in the aftermath of this conflict, but the US clearly 0:15:37.440 --> 0:15:39.480 already starting to run out of patients on it. 0:15:41.480 --> 0:15:44.520 This is Bloomberg Daybreak Today, your morning brief on the 0:15:44.560 --> 0:15:48.000 story's making news from Wall Street to Washington and beyond. 0:15:48.240 --> 0:15:51.040 Look for us on your podcast feed at six am 0:15:51.120 --> 0:15:54.800 Eastern each morning, on Apple, Spotify and anywhere else you 0:15:54.840 --> 0:15:55.960 get your podcasts. 0:15:56.120 --> 0:15:58.840 You can also listen live each morning starting at five 0:15:58.880 --> 0:16:01.440 am Wall Street Time, on Bloomberg eleven three to zero 0:16:01.520 --> 0:16:04.960 in New York, Bloomberg ninety nine one in Washington, Bloomberg 0:16:05.000 --> 0:16:08.000 one oh sixty one in Boston, and Bloomberg ninety sixty 0:16:08.160 --> 0:16:09.040 in San Francisco. 0:16:09.480 --> 0:16:12.640 Our flagship New York station is also available on your 0:16:12.680 --> 0:16:18.120 Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus. 0:16:18.160 --> 0:16:21.600 Listen coast to coast on the Bloomberg Business app, SERIUSXM, 0:16:21.680 --> 0:16:24.760 the iHeartRadio app, and on Bloomberg dot Com. 0:16:24.800 --> 0:16:26.880 I'm Nathan Hager and I'm Karen Moscow. 0:16:27.080 --> 0:16:29.840 Join us again tomorrow morning for all the news you 0:16:29.960 --> 0:16:33.200 need to start your day right here on Bloomberg Daybreak