Israel War Update; Trump Leads Biden in New Poll
Your morning briefing. The news you need in just 15 minutes.
On today's podcast:
1) Israel Latest: UK’s Sunak Visits as Diplomatic Efforts Intensify
2) Trump Leads Biden in Key States as Voters Fret About the Economy
3) Netflix Surges While Tesla Drops on Earnings
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2023-10-19
16 min
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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 --> 0:00:07.440 stories we're following today. 0:00:08.800 --> 0:00:11.200 We begin with the latest in the Israel Hamas war. 0:00:11.320 --> 0:00:14.440 President Biden is back in Washington after becoming the first 0:00:14.560 --> 0:00:17.640 US president to visit Israel during a time of conflict. 0:00:17.840 --> 0:00:21.800 He offered America's full throated support for the fight against terrorists. 0:00:21.600 --> 0:00:23.040 Moss committed atrocities. 0:00:23.520 --> 0:00:28.640 I recall the worst ravages of isis unleash pure, undulated 0:00:28.720 --> 0:00:29.920 evil upon the world. 0:00:30.160 --> 0:00:32.560 On the way back, President Biden told reporters on Air 0:00:32.560 --> 0:00:35.320 Force One that AID will be allowed into Gaza from Egypt, 0:00:35.400 --> 0:00:36.360 but with a caveat. 0:00:36.560 --> 0:00:40.360 We're not coms Brief Simon and Humaniterran aid to Hamas. 0:00:40.400 --> 0:00:43.600 If you're going to come be conferencated, that's the commitment 0:00:43.720 --> 0:00:44.440 that I've made. 0:00:44.680 --> 0:00:47.280 President Biden says he made that commitment after speaking with 0:00:47.320 --> 0:00:50.120 the Egypt's president. The President will speak to the nation 0:00:50.320 --> 0:00:53.000 tonight from the Oval Office. That's set for eight pm 0:00:53.040 --> 0:00:56.080 Wall Street Time. Stick with Bloomberg for full coverage. 0:00:56.200 --> 0:00:59.319 Well, Nathan, the diplomatic push continues this morning with UK 0:00:59.400 --> 0:01:02.600 Prime Minister rishi Is Sunak. Now in Israel. We get 0:01:02.640 --> 0:01:05.080 more with Bloomberg's Oliver Crook in Tel Aviv. 0:01:05.240 --> 0:01:07.160 I think what we expect from Rishe Sunak is what 0:01:07.200 --> 0:01:09.640 we've expected from a lot of the Western leaders who 0:01:09.680 --> 0:01:12.280 have come here to Israel, and we should mention that 0:01:12.280 --> 0:01:15.280 that is so far bent Ursulav under lyon Oloff Schultz 0:01:15.319 --> 0:01:18.959 and President Biden yesterday and really this sort of unflinching 0:01:19.000 --> 0:01:21.480 support for Israel, whether that is in terms of just 0:01:21.520 --> 0:01:25.800 political support internationally, which is critical, but also potentially financial 0:01:25.880 --> 0:01:27.960 and military support of some variety. 0:01:28.240 --> 0:01:31.440 Bloomberg's Oliver Krook says Sunak will have meetings with Israeli 0:01:31.440 --> 0:01:35.279 Prime Minister Benjamin Nettan Yahoo and President Isaac Herzog. 0:01:34.959 --> 0:01:37.640 Now the visit, Karen comms as Arab leaders continue to 0:01:37.640 --> 0:01:40.680 blame Israel for the deadly blast at a Gaza hospital. 0:01:40.880 --> 0:01:44.240 Israel says it was caused by a misfired Palestinian militant rocket. 0:01:44.280 --> 0:01:47.319 Michael orn Is a former Israeli ambassador to the United States. 0:01:47.760 --> 0:01:52.560 Hamas uses its population as a humge shield. AAMAS builds 0:01:52.840 --> 0:01:57.360 massive labyrinths of tunnels under cities, under schools. It has 0:01:57.480 --> 0:02:00.760 headquarters under hospitals. That's where they have their arsenals in 0:02:00.920 --> 0:02:04.720 Moss as well. And the only way that Israel can 0:02:04.760 --> 0:02:09.799 defend itself from further horrendous massacres of this strife, as 0:02:09.880 --> 0:02:12.880 we experienced on October seventy eighth, used to go in 0:02:12.919 --> 0:02:14.200 there and uproot. 0:02:14.480 --> 0:02:17.760 Humas former Israeli ambassador Michael Lauren made the comments on 0:02:17.760 --> 0:02:19.160 Bloomberg's balance of power. 0:02:19.800 --> 0:02:23.000 Well elsewhere in Washington, it's been two weeks since Kevin 0:02:23.080 --> 0:02:26.239 McCarthy was ousted as Speaker of the House Nathan, and 0:02:26.320 --> 0:02:28.600 today the House is scheduled to try a third time 0:02:28.639 --> 0:02:31.400 to get Jim Jordan elected as his replacement, and Bloomberg's 0:02:31.480 --> 0:02:32.840 Ed Baxter has that story. 0:02:33.320 --> 0:02:36.040 Jordan actually lost ground in the second round of voting. 0:02:36.040 --> 0:02:39.240 The reports are he's been campaigning NonStop now but didn't 0:02:39.280 --> 0:02:42.520 want another round yesterday, and the frustration is mounting even 0:02:42.520 --> 0:02:46.600 among his own caucus, with Congressman like Tim Burchett saying, 0:02:46.960 --> 0:02:49.320 just get on with whatever is going to happen. 0:02:49.360 --> 0:02:50.919 I think we ought to stay here and just keep 0:02:51.040 --> 0:02:53.839 voting and just keep working on the problem and quit 0:02:53.919 --> 0:02:55.880 going home and doing these two hour days. 0:02:55.919 --> 0:02:57.040 It's kind of ridiculous. 0:02:57.360 --> 0:02:59.680 The President's addressed tonight will be aimed at the House 0:02:59.720 --> 0:03:02.880 to get going to aid Israel and Ukraine, something it 0:03:02.919 --> 0:03:05.960 hasn't been able to do without a captain or even 0:03:06.120 --> 0:03:08.680 a rudder ed Baxter, Bloomberg Radio. 0:03:08.919 --> 0:03:11.720 Okay, and thank you. Staying with politics, A new Bloomberg 0:03:11.800 --> 0:03:15.840 News Morning Consult poll shows President Biden trailing Donald Trump 0:03:15.880 --> 0:03:19.200 in several key battleground states. Bloomberg's Lisa Matteo. 0:03:19.000 --> 0:03:22.560 Reports the former president is leading Biden forty seven percent 0:03:22.639 --> 0:03:25.200 to forty three percent, with the margin of era of 0:03:25.280 --> 0:03:30.320 one percentage point. Among voters across Arizona, Georgia, Michigan, Nevada, 0:03:30.520 --> 0:03:35.080 North Carolina, Pennsylvania, and Wisconsin, forty nine percent of respondents 0:03:35.240 --> 0:03:38.000 said they trusted Trump more in the economy, compared to 0:03:38.040 --> 0:03:41.760 thirty five percent for Biden. Among independent voters, it was 0:03:41.800 --> 0:03:44.040 a bigger win for Trump. He has a twenty two 0:03:44.080 --> 0:03:47.120 point advantage on the economy over Biden. Trump was also 0:03:47.280 --> 0:03:51.119 more trusted on several other key issues, including immigration, US 0:03:51.240 --> 0:03:56.040 China relations, and the warren Ukraine. Lisa Matteo Bloomberg Radio, all. 0:03:55.960 --> 0:03:57.920 Right, Lisa, thanks, So he turned to the markets now 0:03:57.920 --> 0:04:00.320 in some stocks in the move this morning after a awarding, 0:04:00.400 --> 0:04:03.280 earning shares a Tesla down almost five percent in Early 0:04:03.400 --> 0:04:06.960 Trading CEO Elon Musk is dialing back expectations for the 0:04:06.960 --> 0:04:09.360 ev maker in the wake of rising rates and a 0:04:09.400 --> 0:04:12.600 more cost conscious consumer. Musk also said it could be 0:04:12.640 --> 0:04:16.000 a long time before It's cyber truck becomes profitable. 0:04:15.760 --> 0:04:17.720 And we dug our own graveless or cybertructs, you know, 0:04:18.279 --> 0:04:20.960 in generally if every pigs are great better than themselves 0:04:21.040 --> 0:04:21.800 and special. 0:04:21.480 --> 0:04:23.520 Products that come along once in a long while are just. 0:04:23.440 --> 0:04:27.080 Incredibly difficult to bring to market, to reach volume. 0:04:27.000 --> 0:04:29.880 To be price perus and Musk says the cyber truck 0:04:29.960 --> 0:04:31.799 is set to hit the market on November thirtieth. 0:04:31.920 --> 0:04:34.080 On the other hand, Karen shares of Netflix are up 0:04:34.120 --> 0:04:37.239 more than thirteen percent. The world's top paid streaming service 0:04:37.240 --> 0:04:40.239 says it added almost nine million customers in the third quarter, 0:04:40.320 --> 0:04:43.840 far exceeding analyst forecast. Tesla are I'm sorry. Netflix also 0:04:43.880 --> 0:04:46.159 boosted its most expensive plan in the US by three 0:04:46.200 --> 0:04:47.680 dollars and it's basic planned by. 0:04:47.560 --> 0:04:50.320 Two and Nathan Bigod job cuts out of Nokia, the 0:04:50.320 --> 0:04:53.159 mobile network company is slashing up to fourteen thousand jobs 0:04:53.160 --> 0:04:56.200 sixteen percent of its workforce. Makers of five G equipment 0:04:56.200 --> 0:04:59.160 are struggling as operators in the US and Europe seek 0:04:59.200 --> 0:05:00.800 to cut capital expenditure. 0:05:01.000 --> 0:05:03.400 Finally, Karen wall Street will closely be watching a speech 0:05:03.440 --> 0:05:05.680 by FED Chair J. Powell today, and we get more 0:05:05.720 --> 0:05:07.480 from Bloomberg's David Weston. 0:05:07.279 --> 0:05:10.479 When Chair Powell appears before the Economic Club of New York. 0:05:10.839 --> 0:05:13.560 Topic number one will be how to square the continued 0:05:13.720 --> 0:05:17.040 remarkable strength of the economy with all those rate hikes 0:05:17.040 --> 0:05:20.200 he's led. We know that rate hike effects are long 0:05:20.360 --> 0:05:23.080 and variable, but when do we expect them to kick 0:05:23.120 --> 0:05:26.480 in fully? And of course we'll all want to get 0:05:26.520 --> 0:05:28.920 a sense of where those rates are likely to end 0:05:29.000 --> 0:05:32.400 up once the dust has settled. I'm David Weston for 0:05:32.480 --> 0:05:36.880 Bloomberg Radio. 0:05:37.360 --> 0:05:39.040 Ray Nathan, Thanks. It's time now for a look at 0:05:39.040 --> 0:05:41.080 some of the other stories making news around the world. 0:05:41.080 --> 0:05:43.320 For that, we're joined by Bloomberg's John Tucker. John. 0:05:43.360 --> 0:05:49.640 Good morning, Good Karen, Good morning to you. Thousands gathered 0:05:49.640 --> 0:05:52.960 at protests across Washington, d C. Wednesday, and calls for 0:05:53.040 --> 0:05:56.240 a ceasefire in Gaza hand the West Bank. An estimated 0:05:56.240 --> 0:05:59.480 three hundred were arrested during a demonstration that made its 0:05:59.520 --> 0:06:03.400 way to a congregional building. Meantime, as security warning at home. 0:06:03.640 --> 0:06:06.200 That story in this report from Bloomberg Steve Ponis. 0:06:05.880 --> 0:06:10.200 The FBI, Department of Homeland Security a National counter Terrorism 0:06:10.320 --> 0:06:14.360 Center have released a joint intelligence bulletin reiterating that the 0:06:14.400 --> 0:06:17.560 potential for violence in the US is heightened because of 0:06:17.560 --> 0:06:21.719 the Israel Hamas conflict. The memo saying recent events have 0:06:21.920 --> 0:06:25.440 sharpened the focus of potential attacks in the US. The 0:06:25.520 --> 0:06:28.719 warnings came while President Biden was in Tel Aviv to 0:06:28.880 --> 0:06:34.040 reaffirm US solidarity with Israel. In Washington, I'm Steve Potisk 0:06:34.040 --> 0:06:34.960 Bloomberg Radio. 0:06:35.080 --> 0:06:37.719 With the House still unable to agree on a speaker, 0:06:37.880 --> 0:06:42.159 The Branska Republican Congressman Don Bacon tell's ABC News he's 0:06:42.200 --> 0:06:44.599 been targeted by a pressure campaign to push him to 0:06:44.680 --> 0:06:45.719 vote for Jim Jordan. 0:06:45.880 --> 0:06:48.240 I mean, have people come in my yard when with 0:06:48.360 --> 0:06:51.520 my grandkids want to yell at me. I have boy 0:06:51.560 --> 0:06:54.960 scouts over and a lady gets ovarcar yelling at us. Right, 0:06:55.200 --> 0:06:58.320 So there's this, there's people so anger from the left 0:06:58.360 --> 0:06:58.840 and the right. 0:06:59.200 --> 0:07:02.240 At least six Republicans who voted against Jordans say they 0:07:02.279 --> 0:07:06.200 were threatened or harassed. More labs announced as the United 0:07:06.279 --> 0:07:09.400 Auto Workers strike against the Big Three drags on Ford 0:07:09.480 --> 0:07:12.200 says it's laying off another one hundred and fifty workers 0:07:12.200 --> 0:07:15.880 in Michigan. That brings the company's total of workforce furlough 0:07:15.960 --> 0:07:19.640 to twenty seven hundred and thirty. Ford said the uaw's 0:07:19.680 --> 0:07:22.960 walkout last week at its Kentucky truck plant prompted the 0:07:23.000 --> 0:07:26.480 new layoffs at a Michigan axle plant. The US is 0:07:26.480 --> 0:07:30.080 easing sanctions on Venezuela after its government and the opposition 0:07:30.440 --> 0:07:34.480 agreed to hold internationally monitored elections next year. Those is 0:07:34.520 --> 0:07:37.320 the strongest signed yet of a major shift in US policy, 0:07:37.640 --> 0:07:41.440 hoping to win commitments from strongman Nicholas Maduro and the 0:07:41.520 --> 0:07:44.480 chief suspect and the death of Natalie Holloway is admitted 0:07:44.480 --> 0:07:48.080 to killing the teenager in Aruba. Joran van der Slut's 0:07:48.080 --> 0:07:50.240 admission came as a part of a plea deal in 0:07:50.280 --> 0:07:53.840 the family's home state of Alabama. Global News twenty four 0:07:53.840 --> 0:07:56.880 hours a day and whatever you want it with Bloomberg News. 0:07:56.880 --> 0:07:57.160 Now. 0:07:57.320 --> 0:07:59.960 I'm John Tucker and this is Bloomberg Radio. 0:08:00.160 --> 0:08:01.960 Karen, all right, John, thank you what we bring you 0:08:02.040 --> 0:08:04.800 news throughout the day right here on Bloomberg Radio. But 0:08:04.880 --> 0:08:07.880 now you can get the latest news on demand whenever 0:08:08.040 --> 0:08:10.720 you want it. Subscribe to Bloomberg News Now to get 0:08:10.720 --> 0:08:13.280 the latest headlines. Have the click of a button, get 0:08:13.320 --> 0:08:16.160 informed on your schedule. You can listen and subscribe to 0:08:16.160 --> 0:08:19.520 Bloomberg News Now on the Bloomberg Business app, Bloomberg dot 0:08:19.520 --> 0:08:24.000 com plus Apple, Spotify, and anywhere else you get your podcasts. 0:08:24.080 --> 0:08:26.720 We need to get them, and we're going to. 0:08:26.760 --> 0:08:33.840 Have a check of Sports Now. Sorry for the technical snaffoo, 0:08:33.960 --> 0:08:37.000 but here now is John stash Hour with Sports John. 0:08:37.040 --> 0:08:38.319 Good Morning, Karen. 0:08:38.360 --> 0:08:40.959 The Texas Rangers first loss of the postseason. They had 0:08:40.960 --> 0:08:44.440 been seven to zero. A started Max Serzer, his first 0:08:44.440 --> 0:08:46.959 time on the mount in over a month back from injury, 0:08:47.000 --> 0:08:49.440 and the Astros got to him with five runs, capped 0:08:49.440 --> 0:08:52.160 by a Jose Altuve home run. Houston went on to 0:08:52.200 --> 0:08:55.959 win Game three eight to five, cutting Texas's lead in 0:08:56.080 --> 0:08:59.280 the ALCS to two games to one. Game three of 0:08:59.320 --> 0:09:03.240 the nl CS is tonight at Arizona, with the Phillies 0:09:03.320 --> 0:09:06.440 up two games to none. The WNBA season is over. 0:09:06.600 --> 0:09:09.320 Game four between the Aces and the Liberty went down 0:09:09.360 --> 0:09:09.920 to the wire. 0:09:10.360 --> 0:09:13.120 Good escdam back trying to get it to Stewart. 0:09:13.360 --> 0:09:17.000 Duke City and Stuart Juggles catches six seconds went. 0:09:17.360 --> 0:09:20.280 Stewart was five draws, the double plaining to the. 0:09:20.280 --> 0:09:21.959 Corner Bier soon. 0:09:26.280 --> 0:09:29.160 Forgettable finish to Game four. 0:09:29.520 --> 0:09:30.520 ESPN had the call. 0:09:30.640 --> 0:09:33.480 The Aces beat the Liberty in New York seventy to 0:09:33.559 --> 0:09:37.520 sixty nine, win the finals three games to one, and 0:09:37.720 --> 0:09:40.800 go back to back, first time it's happened since two 0:09:40.800 --> 0:09:44.760 thousand and one and two. NBA season will get going soon. 0:09:44.880 --> 0:09:48.160 What's gonna happen in Philadelphia? James Harden a no show 0:09:48.240 --> 0:09:51.600 at Sixers practice, said to be in Houston. No secret 0:09:51.720 --> 0:09:55.960 that Harden wants to be treated hockey. The Capitals lost 0:09:56.000 --> 0:09:59.280 at Ottawa six to one. The Warriors won their final 0:09:59.320 --> 0:10:02.640 pre season by a point over Sacramento. Steph Curry's Lord 0:10:02.679 --> 0:10:03.280 thirty points. 0:10:03.520 --> 0:10:06.120 John Stash The our Bloomberg Sports. 0:10:08.080 --> 0:10:11.080 From coast to coast, from New York to San Francisco, 0:10:11.400 --> 0:10:16.079 Boston to Washington, DC, nationwide on Syrias, exam the Bloomberg 0:10:16.120 --> 0:10:18.079 Business app in Bloomberg dot Com. 0:10:18.280 --> 0:10:23.800 This is Bloomberg Daybreak, Good morning, I'm Nathan Hager. Diplomacy 0:10:24.040 --> 0:10:28.280 continues in Israel after President biden seven and a half 0:10:28.320 --> 0:10:30.880 hour trip to the region did little to ease fears 0:10:31.240 --> 0:10:33.760 of a wider war. Beyond Hamas now it is UK 0:10:33.880 --> 0:10:37.640 Prime Minister Rishi Sunac's turn to try to keep the 0:10:37.679 --> 0:10:41.640 conflict contained. Joining us now as Bloomberg's news director for Europe, 0:10:41.880 --> 0:10:45.920 the Middle East and Africa, Rosalind Matheson, Roz, good morning. 0:10:45.920 --> 0:10:48.000 Get us up to speed on what's been happening in 0:10:48.080 --> 0:10:52.120 the diplomatic effort. We understand Prime Minister Sunac just arrived 0:10:52.160 --> 0:10:53.280 maybe an hour or so ago. 0:10:54.960 --> 0:10:57.200 That's right, he's on the ground at Israel, as you said, 0:10:57.320 --> 0:11:01.200 follows the visit yesterday by the US President Sident Joe Biden. 0:11:01.280 --> 0:11:05.120 What we're seeing, in essence is a parade of leaders 0:11:05.880 --> 0:11:09.240 from countries in Europe, the US and elsewhere into the 0:11:09.280 --> 0:11:13.839 region Israel, but also took places like Egypt, Jordan and 0:11:13.880 --> 0:11:17.640 so on to try and spread the message of concerned 0:11:17.800 --> 0:11:21.760 that the conflict between Israel and Hermas could widen into 0:11:21.800 --> 0:11:26.040 a full skirle regional war, a snax obviously in Israel 0:11:26.080 --> 0:11:29.640 too strongly express support for that country, similar to what 0:11:29.720 --> 0:11:32.880 the US President said yesterday. In fact, his remarks just 0:11:32.920 --> 0:11:35.240 now when he met with the Israeli president were to 0:11:35.280 --> 0:11:39.240 that effect, but also saying that he's concerned about the 0:11:39.280 --> 0:11:44.280 deteriorating humanitarian situation inside Gaza. He's pleased to see there's 0:11:44.320 --> 0:11:46.920 an announcement about a plan to at least let some 0:11:47.160 --> 0:11:51.280 trucks potentially start moving in from Egypt into Gaza, although 0:11:51.320 --> 0:11:54.680 so far today none of those trucks seemingly have started 0:11:54.720 --> 0:11:57.960 moving so sooner like other leaders, is there to sort 0:11:57.960 --> 0:12:02.040 of walk that line between express seeing support for Israel 0:12:02.160 --> 0:12:05.800 after the Harmas attack but also trying to stave off 0:12:05.840 --> 0:12:09.439 a widening of this conflict and ensure that the humanitarian 0:12:09.520 --> 0:12:12.480 situation in Gaza doesn't get any worse. 0:12:12.840 --> 0:12:17.800 It's a very difficult line for diplomats to toll. Given 0:12:17.920 --> 0:12:23.920 the continued uncertainty around that hospital blast in Gaza, have 0:12:24.000 --> 0:12:28.679 we gotten any more clarity on what was behind that explosion, 0:12:28.840 --> 0:12:31.320 some of the intelligence that's been brought to bear and 0:12:31.360 --> 0:12:32.400 getting to the bottom of it. 0:12:33.640 --> 0:12:37.280 Well, Israel's been releasing what they say is evidence that 0:12:37.320 --> 0:12:40.200 the attack was not carried out by Israel, but rather 0:12:40.640 --> 0:12:43.520 sort of a misfire if anything, by an outfit called 0:12:43.600 --> 0:12:48.600 Islamic Jiha, which is separate to Hermas, although sometimes they 0:12:48.640 --> 0:12:51.640 have operated together, and that it was a missile that 0:12:51.760 --> 0:12:56.760 was intended to come into Israel that obviously went awry. 0:12:56.040 --> 0:13:00.680 The narrative from officials in Gaza is that it was 0:13:00.679 --> 0:13:04.440 an Israeli strike, But we are getting that evidence coming 0:13:04.880 --> 0:13:07.840 from Israel, and that was shared with countries including the US, 0:13:08.280 --> 0:13:11.400 and you saw the comments from Joe Biden again saying 0:13:11.400 --> 0:13:15.680 that he believed that this was not carried out by Israel. 0:13:16.040 --> 0:13:19.720 The reality is that whoever, whatever is the cause of 0:13:19.760 --> 0:13:22.960 the blast at the hospital, is that narratives are very 0:13:23.040 --> 0:13:26.400 set on either side, and for that hour of world, 0:13:26.720 --> 0:13:29.960 there was an immediately narrative that this was Israel, and 0:13:30.000 --> 0:13:31.920 the truth of it in the end, well, it may 0:13:31.960 --> 0:13:37.559 not matter that much to the countries involved in terms 0:13:37.559 --> 0:13:40.880 of those narratives that are set, but it is certainly 0:13:40.880 --> 0:13:43.400 contributing to a hardening of views across the region. 0:13:43.960 --> 0:13:47.640 To the point about getting humanitarian aid into Gaza from Egypt, 0:13:47.679 --> 0:13:50.640 we heard from President Biden on Air Force one last 0:13:50.720 --> 0:13:53.040 night saying that he did get that agreement to get 0:13:53.080 --> 0:13:56.880 some humanitarian aid after speaking with Egypt's president, with the 0:13:56.920 --> 0:14:01.440 caveat that that aid wouldn't be used by Hamas. That 0:14:01.720 --> 0:14:05.400 is a very tall order, is it not, with Hamas 0:14:05.480 --> 0:14:09.200 control of that part of all of the Gaza strip. 0:14:10.240 --> 0:14:12.800 Well, that's right, and we don't know how those conditions 0:14:12.840 --> 0:14:16.199 are going to be to be met. There wasn't any specifics, 0:14:16.240 --> 0:14:19.080 any announcement about it. And as you say, ha Mask 0:14:19.160 --> 0:14:23.080 controls the Gaza Strip. That means they control distribution routes, 0:14:23.160 --> 0:14:29.000 they control warehouses, they control ministries, they control transport. So 0:14:29.120 --> 0:14:33.160 how you can ensure that aid comes into the Gaza 0:14:33.200 --> 0:14:36.400 Strip and doesn't get collected by Hamas or used in 0:14:36.440 --> 0:14:40.000 some fashion, it's very very difficult to see. And so 0:14:40.200 --> 0:14:43.400 the risk is that those first trucks do actually cross 0:14:43.400 --> 0:14:47.080 the border between Egypt and Gaza, and immediately there are 0:14:47.120 --> 0:14:50.440 accusations that Harmas may have taken that aid or used 0:14:50.440 --> 0:14:53.800 that aid, and therefore no more aid than comes in subsequently. 0:14:54.880 --> 0:14:56.680 And we know there's a lot of it so of 0:14:56.680 --> 0:14:59.480 sitting on the border between Egypt and Gaza, but none 0:14:59.480 --> 0:15:01.880 of it's been moving. And so the risk is this 0:15:02.000 --> 0:15:04.520 becomes a very short term exercise and the people who 0:15:04.560 --> 0:15:09.000 are needing medicine, food, drinkable water and so on INSIDECAUCID 0:15:09.120 --> 0:15:11.040 just to not going to get what they need. 0:15:14.080 --> 0:15:17.000 This is Bloomberg day Break Today, your morning brief on 0:15:17.080 --> 0:15:20.600 the stories making news from Wall Street to Washington and beyond. 0:15:20.880 --> 0:15:23.640 Look for us on your podcast feed at six am 0:15:23.720 --> 0:15:27.400 Eastern each morning, on Apple, Spotify, and anywhere else you 0:15:27.440 --> 0:15:28.600 get your podcasts. 0:15:28.720 --> 0:15:31.440 You can also listen live each morning starting at five 0:15:31.480 --> 0:15:34.040 am Wall Street Time, on Bloomberg eleven three to zero 0:15:34.120 --> 0:15:37.000 in New York, Bloomberg ninety nine to one in Washington, 0:15:37.080 --> 0:15:40.280 Bloomberg one oh sixty one in Boston, and Bloomberg ninety 0:15:40.320 --> 0:15:41.720 sixty in San Francisco. 0:15:42.080 --> 0:15:45.240 Our flagship New York station is also available on your 0:15:45.280 --> 0:15:50.720 Amazon Alectiona devices. Just say Alexa play Bloomberg eleven thirty plus. 0:15:50.760 --> 0:15:53.760 Listen coast to coast on the Bloomberg Business app, serious 0:15:53.920 --> 0:15:57.880 XM Channel one nineteen, the iHeartRadio app, and on Bloomberg 0:15:57.960 --> 0:16:00.800 dot com. I'm Nathan Hager Aaron Moscow. 0:16:01.000 --> 0:16:03.760 Join us again tomorrow morning for all the news you 0:16:03.880 --> 0:16:07.080 need to start your day right here on Bloomberg Daybreak
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