Mass Arrests amid Israel-Hamas War; Tesla's Critical Q1 Report

Bloomberg Audio Studios, Podcasts, radio news. Good morning, I'm Nathan 0:00:12.119 --> 0:00:15.080 Hager and I'm Karen Moscow. Here are the stories we're 0:00:15.120 --> 0:00:15.920 following today. 0:00:16.079 --> 0:00:20.919 We begin with demonstrations on college campuses across the country 0:00:21.400 --> 0:00:24.480 tied to the Israel Hamas conflict in Gaza. More than 0:00:24.480 --> 0:00:27.400 one hundred students were arrested last week for trespassing at 0:00:27.400 --> 0:00:31.720 a pro Palestinian rally at Columbia University. Now similar protests 0:00:31.720 --> 0:00:35.280 are cropping up at other elite institutions. Early yesterday, police 0:00:35.280 --> 0:00:39.720 at Yale arrested sixty people, including forty seven students. Protesters 0:00:39.840 --> 0:00:42.600 established an encampment as well at a central building on 0:00:42.640 --> 0:00:46.680 the campus of MIT. Some of these demonstrations have featured 0:00:46.680 --> 0:00:51.599 anti Semitic and intimidating chants and posters. President Biden responded 0:00:51.680 --> 0:00:54.279 yesterday as he left an Earth Day event in Virginia. 0:00:55.000 --> 0:00:56.960 I condemn that a protests. 0:00:56.960 --> 0:00:59.560 That's why I've set up I programmed to do with that. 0:01:00.040 --> 0:01:03.160 I also condemned those who don't understand what's going on 0:01:03.280 --> 0:01:05.000 with the Palestinians ya pisident. 0:01:05.080 --> 0:01:08.320 Biden is expressing concerns about anti Semitic violence during this 0:01:08.400 --> 0:01:11.960 week's Passover holiday. The protesters say their goal is to 0:01:12.080 --> 0:01:14.760 draw attention to the humanitarian concerns in. 0:01:14.800 --> 0:01:16.039 Gaza, Well Nathan. 0:01:16.120 --> 0:01:19.919 The protests have drawn condemnation from not only the White House, 0:01:20.080 --> 0:01:23.640 but billionaire university donors are speaking out as well. New 0:01:23.640 --> 0:01:27.120 England Patriots owner Robert Kraft is pulling his support for 0:01:27.200 --> 0:01:31.000 Columbia University over the treatment of Jewish students and faculty 0:01:31.120 --> 0:01:34.840 during the protests. He tells Fox News, this is unacceptable. 0:01:35.280 --> 0:01:40.360 I just can't believe in New York City, at Columbia University, 0:01:41.120 --> 0:01:45.800 Jewish students are afraid to go to classes. It's just 0:01:46.280 --> 0:01:49.760 in the United States of America in twenty twenty four. 0:01:50.360 --> 0:01:51.680 It's amazing to me. 0:01:51.840 --> 0:01:55.200 And the horrible and the announcement from Bob Kraft, a 0:01:55.280 --> 0:01:58.200 former Columbia student and major donor, adds to pressure on 0:01:58.280 --> 0:02:01.440 the university, whose president is facing calls by members of 0:02:01.520 --> 0:02:05.840 Congress to resign. Billionaire Leon Cooperman is also weighing his 0:02:06.080 --> 0:02:10.320 support for Columbia, calling the protesters quote crazy and saying 0:02:10.440 --> 0:02:12.080 they need to be controlled and Karen. 0:02:12.120 --> 0:02:15.160 These protests come as Israel returns its focus to the 0:02:15.240 --> 0:02:18.119 city of Rafa. Israel wants to eliminate what it says 0:02:18.240 --> 0:02:21.760 is the last remaining Hamas stronghold in Gaza. A potential 0:02:21.840 --> 0:02:26.120 invasion of that Egyptian border city is reviving international concerns 0:02:26.120 --> 0:02:29.320 about the fate of about a million civilians sheltering there. 0:02:29.560 --> 0:02:32.320 The US has strongly urged Israel not to invade the 0:02:32.400 --> 0:02:33.600 densely populated city. 0:02:34.200 --> 0:02:36.880 Meanwhile, Nathan the US Secretary of State, is denying a 0:02:37.000 --> 0:02:41.000 human rights double standard for Israel. Anthony Blenkin told reporters 0:02:41.040 --> 0:02:45.079 in Washington yesterday that the US is examining allegations of 0:02:45.240 --> 0:02:49.120 human rights and international law violations in Gaza by both 0:02:49.320 --> 0:02:50.560 Israel and Tomas. 0:02:51.080 --> 0:02:56.639 We are looking into reports incidents that are brought to 0:02:56.720 --> 0:02:59.600 our attention, and we have a process to do that, 0:03:00.639 --> 0:03:04.880 particularly if there are questions about whether US arms have 0:03:05.040 --> 0:03:05.640 been involved. 0:03:06.040 --> 0:03:08.839 And Secretary of State Anthony Lincoln's comments follow the State 0:03:08.919 --> 0:03:12.160 Department's release of its twenty twenty three country reports on 0:03:12.320 --> 0:03:14.280 human rights practices. 0:03:14.040 --> 0:03:15.440 And turning the focus to China. 0:03:15.520 --> 0:03:18.919 Now, Karen Apple's iPhone sales in the country have seen 0:03:18.960 --> 0:03:22.359 their worst performance since twenty twenty. That's according to data 0:03:22.440 --> 0:03:25.160 from the independent research firm Counterpoint. It says sales in 0:03:25.240 --> 0:03:28.880 China fell nineteen percent in the first quarter. In contrast, 0:03:29.040 --> 0:03:33.120 Huawei saw its sales climb by almost seventy percent over 0:03:33.200 --> 0:03:36.600 the same period. Bloomberg's edwin Chan has more details from 0:03:36.640 --> 0:03:37.040 Hong Kong. 0:03:37.200 --> 0:03:40.560 This is the first kind of real snapshot of what's 0:03:40.640 --> 0:03:44.520 happening in China. What it is is Apple's popularity has 0:03:44.560 --> 0:03:48.080 been steadily declining, I think around the time, but certainly 0:03:48.200 --> 0:03:52.920 not just off the Huawei released it's now infamous sixtiespotful 0:03:52.960 --> 0:03:56.400 into one fifty advanced made in China Chip. I think 0:03:56.480 --> 0:03:59.000 what that was was kind of a wake up call 0:03:59.280 --> 0:04:03.240 to many of humus within the country that local brands 0:04:03.360 --> 0:04:04.240 can all perform. 0:04:04.600 --> 0:04:07.400 And Blueberg's edwin Chen notes China remains one of Apple's 0:04:07.440 --> 0:04:11.560 biggest markets, but sales there have struggled after Beijing escalated 0:04:11.600 --> 0:04:14.600 a ban on foreign devices in state backed firms and 0:04:14.800 --> 0:04:15.840 government agencies. 0:04:16.360 --> 0:04:18.880 Well Nathan focusing on politics in the US, it's a 0:04:18.960 --> 0:04:21.440 Senate's turn to vote on four and eight on Capitol Hill, 0:04:21.480 --> 0:04:24.279 and Bloomberg's Amy Morris has a preview from Washington. 0:04:24.640 --> 0:04:27.120 Senators had planned to spend this week taking part in 0:04:27.240 --> 0:04:30.880 congressional delegations around the world or meeting with constituents back 0:04:30.920 --> 0:04:33.600 in their home states. Instead, They're back on Capitol Hill 0:04:33.680 --> 0:04:35.920 for the first votes on a ninety five billion dollar 0:04:36.000 --> 0:04:38.480 four and aid package. They'll start with a key test 0:04:38.600 --> 0:04:41.400 vote cloture to limit debate before a final vote to 0:04:41.480 --> 0:04:44.360 pass the bill. Now, this bill includes nearly sixty one 0:04:44.480 --> 0:04:47.200 billion dollars in eight for Ukraine, more than twenty six 0:04:47.279 --> 0:04:50.200 billion dollars for Israel, and more than eight billion dollars 0:04:50.279 --> 0:04:53.239 for the Indo Pacific. It also includes measures to seize 0:04:53.279 --> 0:04:57.080 Russian assets, require TikTok's Chinese owner to divest the app, 0:04:57.400 --> 0:05:00.800 and impose sanctions on Iran. The votes are set to 0:05:00.880 --> 0:05:05.040 take place this afternoon in Washington. Amy Moore as Bloomberg Radio. 0:05:04.960 --> 0:05:07.400 All right, Amy, thank you. Speaking of TikTok, the company's 0:05:07.440 --> 0:05:11.200 gearing up to fight any US ban or order to divest. 0:05:11.360 --> 0:05:13.919 Bloomberg's Ed Baxter has that part of the story. 0:05:14.360 --> 0:05:16.240 TikTok says it will move to the courts for a 0:05:16.320 --> 0:05:19.720 legal challenge. It sets up a water shed battle that 0:05:19.839 --> 0:05:22.400 could set a path for Chinese business in the US. 0:05:23.000 --> 0:05:25.680 Four years ago, when the Trump administration threatened the ban, 0:05:26.200 --> 0:05:29.880 Byte Dance worked out a preliminary deal to sell it 0:05:30.080 --> 0:05:33.800 will not happen this time. Its sizzling growth makes it 0:05:33.920 --> 0:05:37.240 hard to part ways China's moves on Huawei and is 0:05:37.279 --> 0:05:40.479 afraid it won't end with TikTok. It feels it may 0:05:40.560 --> 0:05:43.560 be able to leverage support from users up to one 0:05:43.680 --> 0:05:47.440 hundred and seventy million now ed Baxter, Bloomberg Radio. 0:05:47.400 --> 0:05:49.840 All right, and thanks so. Paulitaics are also front and 0:05:50.080 --> 0:05:52.960 center in Manhattan, with more testimony on the way in 0:05:53.000 --> 0:05:56.120 a hush money trial of former President Trump and Bloomberg's doing. 0:05:56.160 --> 0:05:57.680 Grosso has a preview. 0:05:57.680 --> 0:06:01.520 Before testimony resumes this morning, Judge Wan Mrshawn will hold 0:06:01.560 --> 0:06:04.960 a hearing on the prosecution's request to hold the former 0:06:05.120 --> 0:06:09.200 president in contempt of court over social media posts that 0:06:09.400 --> 0:06:14.479 prosecutors contend violated a gag order prohibiting Trump from attacking 0:06:14.680 --> 0:06:18.280 key witnesses in the case. Then David Pecker, the former 0:06:18.360 --> 0:06:21.960 publisher of The National Inquirer, will retake the witness stand 0:06:22.520 --> 0:06:25.200 in New York. June Grosso Bloomberg Radio. 0:06:25.440 --> 0:06:26.440 Okay, June. Thanks. 0:06:26.680 --> 0:06:29.680 Now, we turn to the key earnings report due out 0:06:29.800 --> 0:06:34.120 after the closing bell. Tesla reports its quarterly results this afternoon, 0:06:34.400 --> 0:06:37.800 and Bloomberg's Doug Krisner says this report will be crucial 0:06:37.880 --> 0:06:39.119 for the electric vehicle giant. 0:06:39.600 --> 0:06:42.320 So far this year, Tesla stock is down nearly forty 0:06:42.400 --> 0:06:46.280 three percent. Sales have been slumping, inventories are high, there 0:06:46.320 --> 0:06:49.640 have been confusing product decisions, and let's not forget those 0:06:49.760 --> 0:06:53.080 price cuts in China. After the bell, Tesla is expected 0:06:53.120 --> 0:06:56.960 to report a forty percent plunge in operating profit. Revenue 0:06:57.040 --> 0:06:59.560 is expected to show its first decline in four years, 0:07:00.000 --> 0:07:03.000 and gross profit margin is expected to be the lowest 0:07:03.120 --> 0:07:06.520 in more than six years. Analyst Dan Ives of Webbush 0:07:06.680 --> 0:07:09.920 calls it a moment of truth for Tesla. Ives recently 0:07:10.000 --> 0:07:12.800 said the conference call and commentary will likely have a 0:07:12.960 --> 0:07:16.080 huge impact in New York. I'm Doug Prisner, Bloomberg Radio. 0:07:16.280 --> 0:07:18.240 All Right, Doug, thank you, and taking a look at 0:07:18.280 --> 0:07:22.280 the earnings calendar today. We'll also hear from Consumer Bell, weathers, PepsiCo, 0:07:22.360 --> 0:07:26.880 and Ups. Tech giants Meta, Microsoft, and Alphabet report Wednesday 0:07:26.920 --> 0:07:29.760 and Thursday. This week. We'll also hear from exun Mobile 0:07:29.800 --> 0:07:32.960 and Chevron Friday. About one hundred and eighty companies report 0:07:33.080 --> 0:07:35.880 this week, representing over forty percent of the S and 0:07:35.960 --> 0:07:41.560 P market value. And it's time now for a look 0:07:41.600 --> 0:07:43.360 at some of the other stories making news in New 0:07:43.440 --> 0:07:45.120 York and around the world, and for that we're joined 0:07:45.160 --> 0:07:48.040 by Bloomberg's Michael Barr Michael, good Morning, Good. 0:07:47.920 --> 0:07:52.200 Morning, Karen. Columbia University went to remote learning, and police 0:07:52.280 --> 0:07:56.360 arrested dozens of students at Yale and New York University 0:07:56.880 --> 0:08:00.320 as tensions over Israel's war with Moss continued to grow 0:08:00.760 --> 0:08:02.200 on US college campuses. 0:08:02.680 --> 0:08:05.320 You have been warned by New York University to leave 0:08:05.400 --> 0:08:05.880 the area. 0:08:06.360 --> 0:08:09.840 The moves at the Ivy League schools came hours before 0:08:09.920 --> 0:08:12.880 last evening start of the Jewish holiday of Passover. New 0:08:13.000 --> 0:08:15.960 York Governor Cathy Hockel says she met with the president 0:08:16.040 --> 0:08:21.120 of Columbia University and NYPD officials to discuss public safety 0:08:21.160 --> 0:08:25.239 initiatives as student protests continue on the New York City campus, 0:08:25.640 --> 0:08:28.800 and a message posted to social media, Governor Hockle said 0:08:28.840 --> 0:08:32.199 protests have reached a point where students are afraid to 0:08:32.280 --> 0:08:33.080 walk on campus. 0:08:33.640 --> 0:08:35.280 People need to find their humanity. 0:08:36.080 --> 0:08:39.880 Have the conversations, talked to each other, understand different points 0:08:39.880 --> 0:08:42.240 of view, because that's what college students should be doing. 0:08:42.720 --> 0:08:46.400 N MYPD Deputy Commissioner or Operations, Caz Dauntry. 0:08:46.520 --> 0:08:50.120 We haven't received any reports of any physical harm against 0:08:50.160 --> 0:08:54.280 any student. However, if there's any student Jewish or whoever 0:08:54.679 --> 0:08:57.199 that's been assaulted or wants to make a police fort 0:08:57.440 --> 0:08:59.000 or wants to talk to the police, we encourage them 0:08:59.040 --> 0:08:59.440 to Court nine. 0:08:59.440 --> 0:09:02.600 We work I knew Haven, Connecticut police spokesperson who said 0:09:02.600 --> 0:09:06.400 about forty five protesters were arrested at Yale yesterday in 0:09:06.520 --> 0:09:10.800 charged with misdemeanor trespassing. President Biden is heading to Tampa today, 0:09:10.920 --> 0:09:14.319 where he is set to talk about reproductive freedom. The 0:09:14.440 --> 0:09:17.679 President is expected to address Florida six week abortion ban 0:09:18.040 --> 0:09:21.640 that goes into effect May first. Meanwhile, Vice President Harris 0:09:21.679 --> 0:09:25.480 spoke at an event in Lacrosse, Wisconsin for reproductive Freedoms. 0:09:26.000 --> 0:09:30.920 More and more people will openly agree that one does. 0:09:30.880 --> 0:09:35.120 Not have to abandon their faith or deeply held beliefs 0:09:35.520 --> 0:09:38.040 to agree the government should not be telling her what 0:09:38.200 --> 0:09:38.679 to do with her. 0:09:38.720 --> 0:09:42.600 By without mentioning Donald Trump by name, Vice President Harris 0:09:42.679 --> 0:09:45.800 said he appointed Supreme Court justices with the intent of 0:09:45.880 --> 0:09:46.719 overturning Roe v. 0:09:46.880 --> 0:09:47.160 Wade. 0:09:47.679 --> 0:09:50.600 Finally, it looks like that two point seven billion dollar 0:09:50.679 --> 0:09:56.120 renovation paid off at Newark Airport's terminal A. Skytrak named 0:09:56.160 --> 0:10:00.640 it the world's best new airport terminal, glob News twenty 0:10:00.679 --> 0:10:03.000 four hours a day and whenever you want it with 0:10:03.080 --> 0:10:06.240 the Bloomberg News. Now, I'm Michael Barr, and this is 0:10:06.400 --> 0:10:07.319 Bloomberg Karen. 0:10:07.640 --> 0:10:14.520 Sorry, Michael Barr, thank you, and it's time now for 0:10:14.559 --> 0:10:17.000 the Bloomberg Spores Update with John Stashower. 0:10:17.120 --> 0:10:18.600 John, Good morning, Good morning, Carreen. 0:10:18.600 --> 0:10:20.640 Rememberable night at the garden when it was over Knicks 0:10:20.679 --> 0:10:23.440 fans didn't want to leave Game two with Philadelphia Knicks 0:10:23.480 --> 0:10:25.280 trailed at the half, but led by eight in the 0:10:25.320 --> 0:10:27.640 fourth quarter, and then trailed by six with a half 0:10:27.720 --> 0:10:30.160 minute remaining, they were down by five. 0:10:30.320 --> 0:10:32.920 It was time for an unforgettable sequence. 0:10:33.320 --> 0:10:36.080 Stavid Chenz over to the corner, bruntson with six pulls 0:10:36.120 --> 0:10:39.920 for three off the rim and come the bounce, two 0:10:40.040 --> 0:10:41.480 point game still loose. 0:10:41.559 --> 0:10:42.440 I don't hear a whistle. 0:10:42.600 --> 0:10:45.480 Heart took it away to David Chenz over for three, 0:10:45.960 --> 0:10:46.319 missed it. 0:10:46.600 --> 0:10:49.560 Hart and Stein graps the offensive rebound and the Knicks 0:10:49.559 --> 0:10:53.760 another shot. Stevid Chenz over three of the lead, thirteen 0:10:54.000 --> 0:10:56.439 seconds to go. If be on the call, Nicks one 0:10:56.559 --> 0:10:58.600 one oh four one on one brunts and hit that three, 0:10:58.679 --> 0:11:01.079 but shot eight of twenty nine after going eight of 0:11:01.200 --> 0:11:04.280 twenty six in Game one. Even with his struggles, Knicks 0:11:04.280 --> 0:11:07.640 are up to nothing heading to Philly for Game three Thursday. 0:11:07.679 --> 0:11:08.959 Home teams are eleven to zero. 0:11:08.960 --> 0:11:11.719 When the NBA Playoffs, Cleveland Bea Orlando, Denver came from 0:11:12.160 --> 0:11:14.959 twenty down in the second half beat the Lakers on 0:11:15.080 --> 0:11:17.719 a Jamal Murray shot at the buzzer. Heartbreak for the 0:11:17.800 --> 0:11:20.079 Islanders in Raley, they had a three nothing lead with 0:11:20.280 --> 0:11:22.720 seven minutes left in the second period. The Hurricanes tied 0:11:22.760 --> 0:11:25.880 the game with two fifteen remainting that scored again nine 0:11:26.040 --> 0:11:26.720 seconds later. 0:11:26.880 --> 0:11:27.679 They won five to three. 0:11:27.800 --> 0:11:30.600 Lead the series two nothing Toronto, and on Austin Matthews 0:11:30.640 --> 0:11:32.520 goal won three two at Boston to tie the series. 0:11:32.600 --> 0:11:35.280 That won the hat trick for Zach Hyman in Edmonton 0:11:35.400 --> 0:11:38.320 series opening seven to four win over La Vegas. 0:11:38.400 --> 0:11:40.280 Took the opener in Dallas four to three. 0:11:40.360 --> 0:11:42.760 The Yankees sleepwalk through a Monday matt and a two 0:11:42.840 --> 0:11:45.520 nothing lost at the Stadium to the lowly Oakland A's. 0:11:45.559 --> 0:11:47.679 They had only three hits. The Mets had four hits. 0:11:48.000 --> 0:11:51.080 Lost in San Francisco five to two. The Jets found 0:11:51.120 --> 0:11:53.600 a team to take Zach Wilson. He's going to Denver 0:11:53.840 --> 0:11:56.199 with a seventh round pick. Jets get a sixth rounder. 0:11:56.240 --> 0:11:59.280 In the twenty twenty one draft, five quarterbacks were taken 0:11:59.320 --> 0:12:01.800 to the first fifth team picks. Just three years later, 0:12:01.960 --> 0:12:04.480 for them no longer with the team they were drafted 0:12:04.559 --> 0:12:07.080 by John Stashewer Bloomberg Sports Jar. 0:12:07.120 --> 0:12:08.559 Nathan all Right, John, thank you. 0:12:10.679 --> 0:12:14.720 Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 0:12:14.920 --> 0:12:15.560 and around the. 0:12:15.600 --> 0:12:19.080 World on Bloomberg dot Com and the Bloomberg Business app. 0:12:19.320 --> 0:12:22.920 This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. 0:12:23.080 --> 0:12:25.640 Some of the country's most elite college campuses are once 0:12:25.640 --> 0:12:28.439 again a flashpoint in the debate over the Israel Hamas War. 0:12:28.559 --> 0:12:31.520 But that debate has now turned into a crackdown, with 0:12:31.640 --> 0:12:36.200 police arresting dozens, if not hundreds, of pro Palestinian demonstrators, 0:12:36.240 --> 0:12:41.200 including students at Columbia, Yale and NYU, since last week. 0:12:41.360 --> 0:12:44.040 For more, we are joined by Julie Norman, the professor 0:12:44.120 --> 0:12:48.560 of Politics and International Relations at University College London. Julie, 0:12:48.600 --> 0:12:50.160 it's good to speak with you once again. 0:12:50.360 --> 0:12:50.880 Good morning. 0:12:50.960 --> 0:12:53.720 I'd really be curious to get your perspective as an 0:12:53.760 --> 0:12:57.520 academic yourself on these protests happening in the IVY leagues, 0:12:57.559 --> 0:13:00.240 and the response that we're seeing from campus administration years 0:13:00.280 --> 0:13:01.680 and police in many cases. 0:13:02.760 --> 0:13:05.120 Yeah, well, thanks and good morning, Nathan. I think what 0:13:05.200 --> 0:13:09.720 we're seeing play out obviously just underscores the deep passions 0:13:09.800 --> 0:13:13.640 the emotions that have surrounded this conflict for years and 0:13:13.800 --> 0:13:16.640 often come out on college campuses and in other public 0:13:16.720 --> 0:13:20.079 places as well. This is something it's a conflict that 0:13:20.240 --> 0:13:23.200 is political and seems very far away in many places, 0:13:23.280 --> 0:13:26.000 but also is very personal and very personal for many 0:13:26.160 --> 0:13:30.480 students on campuses. I think it's particularly tricky because we 0:13:30.640 --> 0:13:35.240 see campus administrators trying to balance between ensuring that the 0:13:35.320 --> 0:13:39.280 campus feels safe for students, that students don't feel harassed 0:13:39.360 --> 0:13:42.680 or discriminated against, while also at the same time trying 0:13:42.720 --> 0:13:45.280 to protect free speech rights and the rights to protest 0:13:45.400 --> 0:13:49.040 and demonstrate. And we see those two duties and obligations 0:13:49.400 --> 0:13:52.560 essentially coming into conflict this week at these campuses. 0:13:52.960 --> 0:13:56.800 Yeah, it's a balance that we've seen these campuses really 0:13:56.920 --> 0:14:01.760 struggle with since the early days of the war in Gaza, 0:14:01.840 --> 0:14:05.760 when we saw the testimony on Capitol Hill from the 0:14:05.880 --> 0:14:09.160 now former president of Harvard and m I T and 0:14:09.360 --> 0:14:10.240 pen As. 0:14:10.120 --> 0:14:12.000 Well, and how that was received. 0:14:12.640 --> 0:14:15.240 Is there a risk that the response that we're seeing 0:14:15.320 --> 0:14:18.960 now might have the pendulum swinging too far the other way? 0:14:20.200 --> 0:14:22.640 Well, I think that's certainly the way it's being perceived 0:14:22.680 --> 0:14:27.320 by many, that this attempt to crack down on many 0:14:27.400 --> 0:14:32.640 see work blatant disregard for student safety is maybe going, 0:14:32.840 --> 0:14:34.840 as you said, too far in terms of trying to 0:14:35.080 --> 0:14:39.560 crack down with police presence, with arrests, with suspensions, even 0:14:39.600 --> 0:14:43.480 for students who you know, were simply engaged in peaceful protests. 0:14:43.520 --> 0:14:47.560 And I would say it's again challenging for administrators in 0:14:47.720 --> 0:14:51.440 protest situations when there are some in the protest mics 0:14:51.480 --> 0:14:56.000 who are you saying, very saying messages that would not 0:14:56.040 --> 0:14:58.520 be allowed on campus, even if the majority of those 0:14:58.720 --> 0:15:00.440 are not, And how do you police that? 0:15:00.560 --> 0:15:01.440 How do you deal with that? 0:15:02.280 --> 0:15:04.840 They resorted to this method of simply trying to clear 0:15:05.280 --> 0:15:08.160 the encampments, and as we've seen, that I think has 0:15:08.280 --> 0:15:12.000 just increased the blowback and if anything, has just galvanized 0:15:12.000 --> 0:15:15.400 the encampment movement on these campuses and on other campuses 0:15:15.400 --> 0:15:15.760 as well. 0:15:16.360 --> 0:15:18.800 And it's a blowback that the President Biden has had 0:15:18.840 --> 0:15:21.320 to confront as well. He was talking about it yesterday 0:15:21.400 --> 0:15:24.840 in Virginia, saying he condemns the protest as anti Semitic, 0:15:25.000 --> 0:15:28.720 saying that a lot of the students don't understand the 0:15:28.880 --> 0:15:32.160 situation when it comes to the Palestinians. I wonder what 0:15:32.240 --> 0:15:34.520 you make of the President's response in our last minute. 0:15:35.400 --> 0:15:37.240 Yeah, so you know, Biden has weighed in on this. 0:15:37.400 --> 0:15:41.239 He's condemned the anti semitism. It's obviously becoming an increasingly 0:15:41.680 --> 0:15:44.760 difficult path for him to walk in terms of campaigning 0:15:44.920 --> 0:15:48.640 either on or near college campuses without having these calls 0:15:48.680 --> 0:15:51.360 against his positions on Gaza. So I think he feels 0:15:51.400 --> 0:15:54.880 this very directly. In terms of the protests themselves, again, 0:15:55.120 --> 0:15:58.480 there's a lot of different messages in them. Some, I 0:15:58.480 --> 0:16:01.600 would say, you know, the President do see very blatant 0:16:01.640 --> 0:16:04.720 anti semitism. I think many involved in them think they 0:16:04.760 --> 0:16:07.040 are just being critical of Israel. But I think the 0:16:07.120 --> 0:16:09.880 President is right that there's a lot of different different 0:16:09.960 --> 0:16:12.400 levels of knowledge and different levels of engagement with the 0:16:12.480 --> 0:16:14.720 conflict from those who are at protesting, and that makes 0:16:14.760 --> 0:16:16.760 any kind of response to them very difficult. 0:16:17.360 --> 0:16:20.240 This is Bloomberg day Break Today, your morning brief on 0:16:20.360 --> 0:16:23.840 the stories making news from Wall Street. To Washington and beyond. 0:16:24.160 --> 0:16:26.880 Look for us on your podcast feed at six am 0:16:27.000 --> 0:16:30.640 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:30.720 --> 0:16:31.680 get your podcasts. 0:16:32.040 --> 0:16:34.680 You can also listen live each morning starting at five 0:16:34.760 --> 0:16:37.360 am Wall Street Time, on Bloomberg eleven three to zero 0:16:37.440 --> 0:16:40.200 in New York, Bloomberg ninety nine to one in Washington, 0:16:40.360 --> 0:16:43.600 Bloomberg one oh six one in Boston, and Bloomberg ninety 0:16:43.600 --> 0:16:44.960 sixty in San Francisco. 0:16:45.360 --> 0:16:48.480 Our flagship New York station is also available on your 0:16:48.560 --> 0:16:53.560 Amazon Election devices. Just say Alexa play Bloomberg eleven thirty. 0:16:53.720 --> 0:16:57.440 Plus listen coast to coast on the Bloomberg Business app, SERRIUSXM, 0:16:57.600 --> 0:16:59.920 the iHeartRadio app, and on Bloomberg. 0:17:00.680 --> 0:17:02.760 I'm Nathan Hager and I'm Karen Moscow. 0:17:03.000 --> 0:17:05.720 Join us again tomorrow morning for all the news you 0:17:05.880 --> 0:17:09.040 need to start your day right here on Bloomberg Daybreak