Israel Strikes Refugee Camp in Gaza; AMD Stock Falls
On today's podcast:
1) An Israeli strike on a refugee camp in Gaza overnight killed and wounded hundreds of people, according to the Health Ministry in the Hamas-run territory, and drew condemnation from across the Middle East. The development came ahead of a regional trip by US Secretary of State Antony Blinken.
2) The Federal Reserve is poised to hold interest rates steady at a 22-year high for a second meeting, while leaving open the possibility of another hike as soon as December with economic growth staying resilient.
3) AMD said a new AI chip will generate $2 billion in sales next year, fueling optimism that demand for the component will offset a slump in orders for video-game equipment.
Full Transcript:
Good morning. I maybe Morris and I'm Karen Moscow. Here are the stories we're following today. We begin with new developments in the Middle East. Israel struck a refugee camp in Gaza overnight. Israel Defense Forces spokesperson Daniel Huguri says it was targeting Hamas and killed a senior leader in that organization. So tonight we eliminated the murderous terrorist, Ibrahim Bari. Bari is the main combat leader in the northern Gaza strip since the IDF forces entered Gaza. He also had a part in the massacre on October seventh. During his assassination, many terrorists were killed, terrorists who stayed with him in the building and in the underground area below the buildings. IDF spokesperson Daniel Hugari, speaking through an interpreter, the latest strike is drawing condemnation across the Middle East. We get more from Bloomberg's Oliver Crook and Tel Aviv. What this does is it's going to bring into the four again those voices that have been calling for a ceasefire, the voices that have been condemning Israel's actions and the ceasefire calls by the Saudis and by the UN have been retorted to by Benjamin Nyaw, who has recently this weekend completely off the table. Bloomberg's Oliver Krok reports the Health Ministry and the Hamas run gaza strips, as hundreds were killed and wounded in those strikes well amy before the overnight strike, Secretary of State Antony Blincn told the Senate it was too soon to call for a ceasefire. When it comes to a ceasefire in this moment, You're exactly right. That would simply consolidate what Hamas has been able to do and allow it to remain where it is and potentially repeat what it did another day, and that's not tolerable. Secretary of State Antony Blinkin will travel back to Israel on Friday. The White House says President Biden would veto a package put forward by House GOP members to provide aid to Israel by slashing funds for the IRS and leave out funding for other national security priorities. The legislation, championed by the new House Speaker Mike Johnson, is already run into stiff bi partisan opposition Senate Majority Leader Chuck Schumer. We must stand with our allies in Israel. We must send humanitarian aid to innocent civilians in Gaza. We must hold the line against Vladimir Putin by supporting Ukraine. Senator Schumer says Democrats want to pass President Biden's one hundred and five billion dollars supplemental package, which includes funding for Israel, Ukraine, Taiwan, and the Southern border well. Another geopolitical news this morning, President Biden will meet with Chinese leader Shijin Pain later this month in San Francisco, and Bloomberg's Ed Baxter has the latest. White House spokeswomen Karine Jean Pierre, was asked several times at the daily White House briefing. She finally said it was an official confirmation and says it will be a difficult conversation. That's what the President is going is going to be doing and having a tough conversation, but important conversation. Jean Pierre would not go into details on expectations it will be on the sidelines of APE here in San Francisco. China has not commented on the meeting in San Francisco. I'm at Baxter Bloomberg Radio. Thank you, Ed, and turning to the markets, we kick off a new month with a big day on the economic front. It begins with the Treasury Department's new borrowing plan and finishes with a FED decision and a J. Powell news conference. We get a preview from Bloomberg's Michael McKee. It figures to be a long day on trading desks. First up, the Treasury announces its refunding plans for the quarter. It plans to borrow a record seven hundred and seventy six billion dollars between now and the end of the year. Today we find out the mix of bills, bonds, and notes and how much of each it will sell. The record borrowing may spark a lot of market volatility. Refunding is followed by the Fed. While no one expects a rate move, investors will be focused on the possibility of one at future meetings. Will Chairman J. Powell take that off the table another opportunity for market moves? Michael McKee, Bloomberg Radio. Thank you Michael, and stick with Bloomberg this afternoon for our FED Decide special starting at one thirty pm Wall Street Time on both Bloomberg Radio and television. While we head overseas to Asia. Now, the Bank of Japan I expectedly stepped into the bond market, trying to curb the pace of gains and sovereign yields. The move comes just today after announcing it was loosening its grip on debt prices and on the equity front. Some tech earnings in focus. We got a mixed picture from Advanced micro Devices. The chip makers sales forecast fell short of estimates. The company says a new AI chip will generate two billion dollars in sales next year. Shares of AMD are down almost two percent in early trading, and for Surrepta, shares of the biopharma company are plunging about forty six percent this morning. Amy The drop comes on news at its trial with partner Roche of a gene therapy for muscular dystrophe failed to meet the main goal of a study. Another company tumbling this morning, we Work. Shares of the co working space company are down now forty three percent in pre market trading. The Wall Street Journal reporting we work as planning to file for bankruptcy as early as next week, and now we want to bring you up to date on the fraud trial. As Sam Bankman free, he spent the day on the witness stand yesterday began more from Bloomberg's Miss Lena at Golf of Pulo in New York. We must say that it was a tough run for SBF under questioning from federal prosecutors who really grilled him on the witness stand and got him to admit on some of the most important allegations in this case, including the fact that there was no proper hedging in the two companies that he was managing, including the fact that he was the one who signed off on a lot of their decisions, and also the fact that he was the one who made the decision to spend billions of dollars in investments through the hedge fund Alameda Research. And that's Bloomberg's mister Lena golf of Polo, who says jury deliberations may begin later this week. Five oh, It's time now for a look at some of the other stories making news around the world. For now, we're joined by Bloomberg's John Tucker. John, Good morning, Good morning, Karen. President Biden age to Minnesota today. The state is a microcosm for the issues currently bideviling his presidency. Let's get more from Bloomberg Jeff Bellinger, Mister Biden is struggling to unite a Democratic electorates trained by his full throated support for Israel. At the same time, he is suddenly fending off a long shot primary challenge from Dean Phillips of Minnesota that highlights voters' concerns about his age. It's a blue state that Republicans have long considered ripe for flipping. Minnesota has a young, diverse Democratic base and a large number of Muslim Americans. The trip is intended to highlight the Biden administration's investments in rural communities. Jeff Bullinger, Bloomberg Radio. The MBI says is closely monitoring serious and evolving threats against the US as the Israel Hamas war grinds on. At the EI director Christopher Ray, the reality is that the terrorism threat has been elevated throughout twenty twenty three, but the ongoing war in the Middle East has raised the threat of an attack against Americans in the United States to a whole nother level. During a meeting of the Senate's Homeland Security Committee, Rate said the most immediate concern is that violent extremists will draw inspiration for the events in the Mid East to carry out attacks against the US. A junior at Cornell University has been charged with making death threats online to Jewish students in an incident that Royal to campus battling anti semitism. Twenty one Europatrick Davis charged with posting threats. Anti Semitic incidents have soared since the Israel Hamas War began October seventh, and the conflict has bitterly divided dozens of campuses, including Harvard, Stanford, and the University of Pennsylvania and of Helder. Jury's verdict threatens to shake up the real estate industry. A jury found the National Association of Realtors is liable for one point eight billion dollars in damages for controlling the Multiple Listing Service, or MLS, and for requiring home sellers to pay both the buyer and seller brokerage fees at a single transaction. Global news twenty four hours a day and whenever you want it with Bloomberg News. Now. I'm John Tucker, and this is Bloomberg Karen. All right, John, thank you well. We do bring you news throughout the day right here on Bloomberg Radio. But now you can get the latest news on demand whenever you want it. Subscribe to Bloomberg News Now to get the latest headlines at the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app, Bloomberg dot Com plus apples, Spotify, and anywhere else you get your podcasts. Time now for the Bloomberg Sports Update. Here's John stash Hour John Karn. Game four the World Series at Arizona. The Texas Rangers scored five runs in the second and in five more in the third. They led ten nothing held on to win over the Diamondbacks eleven to seven, and the Rangers now lead the series three games to one. They can win the first championship and franchise history in Game five tonight. Arizona did come from three to two down in the NLCS against Philadelphia's seven teams have come back from a three to one deficit in the World Series. Marcus Simmion last night two run triple, then a three run homer. Corey Seger homer for the third time in the series. NBA and Phoenix. The Spurs were down by twenty. Keldon Johnson stole the ball from Kevin Durant hit a driving layup with a second to go gay San Antonio its first lead of the night. The Spurs beat the Suns one fifteen to one fourteen shake up in Las Vegas. The Raiders are three and five and they have fired Josh McDaniels midway through his second year on the job. General manager Dave Ziegler also fired the Raiders three and five, nine and sixteen under McDaniels, who had great success as the Patriots offensive corindera but has now been fired as a head coach twice by AFC West teams. Antonio Pierce will be the interim Raiders head coach Sunday. It'll be actually against his former team, the Giants. We've heard for the first time for the college Football Playoff off. The rankings have Ohio State number one. Buck Guys had the winds over Notre Dame in Penn State, Georgia's rank two, then Michigan, then Florida State. Johns dashedward. Bloomberg Sports from coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syrias Exam the Bloomberg Business app in Bloomberg Dot com. This is Bloomberg Daybreak. Good morning, I'm Amy Morris. After a barrage of air strikes by Israel in Gaza. Israeli forces say they've assassinated the architect of the October seventh terror attack, and Palestinians say hundreds of civilians were killed or injured in those strikes. We're joined now by Bloomberg's Gale to Alstein and Tel Aviv. This latest airstrike has drawn condemnation across the Middle East. Does this create a greater risk of the expansion of this war through the region? Yes, some good morning, so yes, we are seeing that there's quite a big operation going on in the Jabalo or refugee camp. This is, by the way, both an Areel attack and the ground attack that is being carried out by Israel. This is the most crowded refugee camp in the world. It occupies one hundred and thousand people and roughly one and a half square kilometers the Ideas. The Israeli defense forces say they killed fifty Hamas militants there. Hamas Sam and the health ministry in Gaza that is run by Hamas reporting a larger number of casualties over there. Basically, the Israeli Defense Forces say that this the military stronghold that is located in western Jebala was located there was used by the commander of Hamasas Jabelia Battalion for the training and the execution of terror activities and contained firing positions and terror tunnels and also a large stock of weapons. So that's what we know about what happened there. And another bit of news that we're getting now that the Alka Sama Brigades they belong to Hamas, they announced the killing of seven of its civilian detainees, meaning the hostages. They say that they were killed also in Jabalia yesterday, including three holders of foreign passports. This has not been verified otherwise, but this is what they are saying now on Palestine TV. So that's what we know that is going on on the ground. Now. We have not seen any you know, further response other than the rhetoric that you've mentioned, but of course this is something I'm to still follow. You mentioned the hostages and how they are reporting in Palestine that they are killing the hostages. What's the latest on the negotiations to freedom? So yesterday we heard the head of Israel's National Security Council TEGB and he said that as far as Israel can say and report, at this time, there is no hostage negotiation. There's no deal that is in the near horizon at least that's what That's what he said. He he also mentioned that Kata and that's according to him, has has realized that Hamas was misleading them quote unquote. So according at least to Israeli officials, you know that that we're only went on the record yesterday. There is no deal in sight at this time. There are also the developments on the border crossing from Gaza into Egypt. We are learning now that foreigners and some wounded Palestinians are being allowed to leave Gaza for the first time since the Israel began the ground invasion. What are you watching for? What should we be watching for on that? Yeah, so this is an interesting development that is happening this morning. We're seeing foreign passport holders begin to exit Gaza into Egypt through the Lafa crossing. This is, like you mentioned, for the first time I think actually since Israel began its aerial attacks on Gaza or in October. And this is according to footage that is being shown and streamed on several media outlets. HAMASA did say earlier that it expects some foreigners and dual nationals to be allowed into Egypt, including Red crossworkers and nationals from Australia, Austria, Jordan, and Indonesia. And we've also been getting reports that eighty wounded Palestinians will be transferred for treatment in Egypt. And it's interesting because we have been hearing Israeli officials ask that more wounded Palestinians be taken to hospitals outside of the Gaza Strip in Egypt. Also field hospital that is planned to be set up near the border, as well as maybe some floating hospitals that will be coming into the area from countries like France and maybe others. And this is basically meant to take pressure off Israel to let fuel into Gaza, since Israel claims that Hamas has fuel and that the fuel it has facilitated not only hospitals but also underground commands and tunnels, and Israel wants to create pressure, you know, on these places. They want to move as many wounded Palestinians outside of the Gaza Strip so that you know, if the fuel runs out that it used to facilitate these underground command centers. Then eventually these commas militants are going to have to come out as well. You're listening to Bloomberg Daybreak today, your morning brief on the stories making news from Wall Street to Washington and beyond. Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts. You can also listen live each morning starting at five am Wall Street time, on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh sixty one in Boston, and Bloomberg nine sixty in San Francisco. Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. Listen coast to coast on the Bloomberg Business app, serious XM Channel one nineteen, the iHeartRadio app, and on Bloomberg dot Com. I'm Amy Morris and I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day, right here on Bloomberg day Break
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Good morning. I maybe Morris and I'm Karen Moscow. Here 0:00:05.680 --> 0:00:07.440 are the stories we're following today. 0:00:07.800 --> 0:00:10.640 We begin with new developments in the Middle East. Israel 0:00:10.680 --> 0:00:15.040 struck a refugee camp in Gaza overnight. Israel Defense Forces 0:00:15.240 --> 0:00:19.080 spokesperson Daniel Huguri says it was targeting Hamas and killed 0:00:19.120 --> 0:00:21.000 a senior leader in that organization. 0:00:21.800 --> 0:00:26.119 So tonight we eliminated the murderous terrorist, Ibrahim Bari. Bari 0:00:26.200 --> 0:00:28.520 is the main combat leader in the northern Gaza strip 0:00:28.600 --> 0:00:32.199 since the IDF forces entered Gaza. He also had a 0:00:32.240 --> 0:00:35.840 part in the massacre on October seventh. During his assassination, 0:00:36.159 --> 0:00:38.800 many terrorists were killed, terrorists who stayed with him in 0:00:38.840 --> 0:00:41.839 the building and in the underground area below the buildings. 0:00:42.320 --> 0:00:46.280 IDF spokesperson Daniel Hugari, speaking through an interpreter, the latest 0:00:46.280 --> 0:00:49.479 strike is drawing condemnation across the Middle East. We get 0:00:49.520 --> 0:00:51.800 more from Bloomberg's Oliver Crook and Tel Aviv. 0:00:52.080 --> 0:00:53.960 What this does is it's going to bring into the 0:00:54.000 --> 0:00:57.240 four again those voices that have been calling for a ceasefire, 0:00:57.440 --> 0:01:00.480 the voices that have been condemning Israel's actions and the 0:01:00.600 --> 0:01:03.680 ceasefire calls by the Saudis and by the UN have 0:01:03.760 --> 0:01:06.640 been retorted to by Benjamin Nyaw, who has recently this 0:01:06.720 --> 0:01:08.160 weekend completely off the table. 0:01:08.600 --> 0:01:11.360 Bloomberg's Oliver Krok reports the Health Ministry and the Hamas 0:01:11.440 --> 0:01:14.120 run gaza strips, as hundreds were killed and wounded in 0:01:14.160 --> 0:01:15.279 those strikes. 0:01:15.200 --> 0:01:18.200 Well amy before the overnight strike, Secretary of State Antony 0:01:18.200 --> 0:01:20.920 Blincn told the Senate it was too soon to call 0:01:21.000 --> 0:01:21.880 for a ceasefire. 0:01:22.160 --> 0:01:25.840 When it comes to a ceasefire in this moment, You're 0:01:25.920 --> 0:01:30.320 exactly right. That would simply consolidate what Hamas has been 0:01:30.360 --> 0:01:35.240 able to do and allow it to remain where it 0:01:35.319 --> 0:01:39.880 is and potentially repeat what it did another day, and 0:01:39.920 --> 0:01:40.840 that's not tolerable. 0:01:41.200 --> 0:01:44.160 Secretary of State Antony Blinkin will travel back to Israel 0:01:44.280 --> 0:01:44.920 on Friday. 0:01:45.280 --> 0:01:48.320 The White House says President Biden would veto a package 0:01:48.360 --> 0:01:51.080 put forward by House GOP members to provide aid to 0:01:51.160 --> 0:01:54.360 Israel by slashing funds for the IRS and leave out 0:01:54.400 --> 0:01:58.600 funding for other national security priorities. The legislation, championed by 0:01:58.640 --> 0:02:01.240 the new House Speaker Mike Johnson, is already run into 0:02:01.240 --> 0:02:04.960 stiff bi partisan opposition Senate Majority Leader Chuck Schumer. 0:02:05.280 --> 0:02:08.560 We must stand with our allies in Israel. We must 0:02:08.600 --> 0:02:12.919 send humanitarian aid to innocent civilians in Gaza. We must 0:02:12.919 --> 0:02:17.360 hold the line against Vladimir Putin by supporting Ukraine. 0:02:17.400 --> 0:02:20.440 Senator Schumer says Democrats want to pass President Biden's one 0:02:20.520 --> 0:02:24.200 hundred and five billion dollars supplemental package, which includes funding 0:02:24.280 --> 0:02:27.560 for Israel, Ukraine, Taiwan, and the Southern border well. 0:02:27.560 --> 0:02:30.600 Another geopolitical news this morning, President Biden will meet with 0:02:30.720 --> 0:02:34.119 Chinese leader Shijin Pain later this month in San Francisco, 0:02:34.160 --> 0:02:36.280 and Bloomberg's Ed Baxter has the latest. 0:02:36.560 --> 0:02:40.040 White House spokeswomen Karine Jean Pierre, was asked several times 0:02:40.040 --> 0:02:42.799 at the daily White House briefing. She finally said it 0:02:43.000 --> 0:02:45.960 was an official confirmation and says it will be a 0:02:46.000 --> 0:02:47.119 difficult conversation. 0:02:47.520 --> 0:02:50.640 That's what the President is going is going to be 0:02:50.720 --> 0:02:54.600 doing and having a tough conversation, but important conversation. 0:02:54.840 --> 0:02:58.440 Jean Pierre would not go into details on expectations it 0:02:58.480 --> 0:03:01.320 will be on the sidelines of APE here in San Francisco. 0:03:01.720 --> 0:03:05.440 China has not commented on the meeting in San Francisco. 0:03:05.480 --> 0:03:07.000 I'm at Baxter Bloomberg Radio. 0:03:07.240 --> 0:03:09.320 Thank you, Ed, and turning to the markets, we kick 0:03:09.360 --> 0:03:11.320 off a new month with a big day on the 0:03:11.360 --> 0:03:15.079 economic front. It begins with the Treasury Department's new borrowing 0:03:15.160 --> 0:03:17.720 plan and finishes with a FED decision and a J. 0:03:17.880 --> 0:03:21.519 Powell news conference. We get a preview from Bloomberg's Michael McKee. 0:03:21.680 --> 0:03:24.000 It figures to be a long day on trading desks. 0:03:24.160 --> 0:03:27.360 First up, the Treasury announces its refunding plans for the quarter. 0:03:27.720 --> 0:03:30.040 It plans to borrow a record seven hundred and seventy 0:03:30.080 --> 0:03:32.720 six billion dollars between now and the end of the year. 0:03:33.120 --> 0:03:35.600 Today we find out the mix of bills, bonds, and 0:03:35.680 --> 0:03:38.480 notes and how much of each it will sell. The 0:03:38.520 --> 0:03:42.720 record borrowing may spark a lot of market volatility. Refunding 0:03:42.800 --> 0:03:45.280 is followed by the Fed. While no one expects a 0:03:45.360 --> 0:03:48.120 rate move, investors will be focused on the possibility of 0:03:48.160 --> 0:03:51.240 one at future meetings. Will Chairman J. Powell take that 0:03:51.320 --> 0:03:55.320 off the table another opportunity for market moves? Michael McKee, 0:03:55.360 --> 0:03:56.160 Bloomberg Radio. 0:03:56.640 --> 0:03:59.000 Thank you Michael, and stick with Bloomberg this afternoon for 0:03:59.080 --> 0:04:02.080 our FED Decide special starting at one thirty pm Wall 0:04:02.120 --> 0:04:05.040 Street Time on both Bloomberg Radio and television. 0:04:05.360 --> 0:04:06.720 While we head overseas to Asia. 0:04:06.840 --> 0:04:09.520 Now, the Bank of Japan I expectedly stepped into the 0:04:09.520 --> 0:04:12.320 bond market, trying to curb the pace of gains and 0:04:12.400 --> 0:04:15.600 sovereign yields. The move comes just today after announcing it 0:04:15.680 --> 0:04:18.680 was loosening its grip on debt prices. 0:04:18.440 --> 0:04:21.080 And on the equity front. Some tech earnings in focus. 0:04:21.120 --> 0:04:24.160 We got a mixed picture from Advanced micro Devices. The 0:04:24.240 --> 0:04:27.200 chip makers sales forecast fell short of estimates. The company 0:04:27.240 --> 0:04:29.679 says a new AI chip will generate two billion dollars 0:04:29.760 --> 0:04:33.240 in sales next year. Shares of AMD are down almost 0:04:33.320 --> 0:04:35.000 two percent in early trading. 0:04:35.240 --> 0:04:38.800 And for Surrepta, shares of the biopharma company are plunging 0:04:38.920 --> 0:04:42.360 about forty six percent this morning. Amy The drop comes 0:04:42.360 --> 0:04:44.440 on news at its trial with partner Roche of a 0:04:44.480 --> 0:04:47.440 gene therapy for muscular dystrophe failed to meet the main 0:04:47.480 --> 0:04:48.400 goal of a study. 0:04:48.720 --> 0:04:50.800 Another company tumbling this morning, we Work. 0:04:50.839 --> 0:04:54.039 Shares of the co working space company are down now 0:04:54.200 --> 0:04:56.680 forty three percent in pre market trading. The Wall Street 0:04:56.720 --> 0:04:59.600 Journal reporting we work as planning to file for bankruptcy 0:04:59.640 --> 0:05:01.400 as early as next week. 0:05:01.560 --> 0:05:03.039 And now we want to bring you up to date 0:05:03.040 --> 0:05:05.520 on the fraud trial. As Sam Bankman free, he spent 0:05:05.600 --> 0:05:08.720 the day on the witness stand yesterday began more from 0:05:08.760 --> 0:05:12.160 Bloomberg's Miss Lena at Golf of Pulo in New York. 0:05:12.440 --> 0:05:14.240 We must say that it was a tough run for 0:05:14.400 --> 0:05:18.240 SBF under questioning from federal prosecutors who really grilled him 0:05:18.279 --> 0:05:20.479 on the witness stand and got him to admit on 0:05:20.560 --> 0:05:24.080 some of the most important allegations in this case, including 0:05:24.080 --> 0:05:26.560 the fact that there was no proper hedging in the 0:05:26.560 --> 0:05:29.360 two companies that he was managing, including the fact that 0:05:29.400 --> 0:05:31.760 he was the one who signed off on a lot 0:05:31.760 --> 0:05:34.359 of their decisions, and also the fact that he was 0:05:34.400 --> 0:05:37.160 the one who made the decision to spend billions of 0:05:37.240 --> 0:05:41.440 dollars in investments through the hedge fund Alameda Research. 0:05:41.880 --> 0:05:44.560 And that's Bloomberg's mister Lena golf of Polo, who says 0:05:44.680 --> 0:05:52.000 jury deliberations may begin later this week. Five oh, It's 0:05:52.040 --> 0:05:53.240 time now for a look at some of the other 0:05:53.320 --> 0:05:55.440 stories making news around the world. For now, we're joined 0:05:55.440 --> 0:05:58.839 by Bloomberg's John Tucker. John, Good morning, Good morning, Karen. 0:05:58.880 --> 0:06:02.360 President Biden age to Minnesota today. The state is a 0:06:02.400 --> 0:06:06.560 microcosm for the issues currently bideviling his presidency. Let's get 0:06:06.600 --> 0:06:08.840 more from Bloomberg Jeff Bellinger. 0:06:08.920 --> 0:06:12.679 Mister Biden is struggling to unite a Democratic electorates trained 0:06:12.720 --> 0:06:16.239 by his full throated support for Israel. At the same time, 0:06:16.279 --> 0:06:19.359 he is suddenly fending off a long shot primary challenge 0:06:19.360 --> 0:06:23.599 from Dean Phillips of Minnesota that highlights voters' concerns about 0:06:23.600 --> 0:06:26.760 his age. It's a blue state that Republicans have long 0:06:26.880 --> 0:06:31.080 considered ripe for flipping. Minnesota has a young, diverse Democratic 0:06:31.120 --> 0:06:34.520 base and a large number of Muslim Americans. The trip 0:06:34.640 --> 0:06:39.240 is intended to highlight the Biden administration's investments in rural communities. 0:06:39.640 --> 0:06:41.599 Jeff Bullinger, Bloomberg Radio. 0:06:41.760 --> 0:06:45.600 The MBI says is closely monitoring serious and evolving threats 0:06:45.600 --> 0:06:48.839 against the US as the Israel Hamas war grinds on. 0:06:49.320 --> 0:06:51.280 At the EI director Christopher Ray, the. 0:06:51.279 --> 0:06:54.880 Reality is that the terrorism threat has been elevated throughout 0:06:55.120 --> 0:06:58.240 twenty twenty three, but the ongoing war in the Middle 0:06:58.279 --> 0:07:01.520 East has raised the threat of an attack against Americans 0:07:01.920 --> 0:07:04.719 in the United States to a whole nother level. 0:07:04.880 --> 0:07:07.480 During a meeting of the Senate's Homeland Security Committee, Rate 0:07:07.520 --> 0:07:11.040 said the most immediate concern is that violent extremists will 0:07:11.120 --> 0:07:13.640 draw inspiration for the events in the Mid East to 0:07:13.720 --> 0:07:17.480 carry out attacks against the US. A junior at Cornell 0:07:17.600 --> 0:07:20.360 University has been charged with making death threats online to 0:07:20.400 --> 0:07:24.000 Jewish students in an incident that Royal to campus battling 0:07:24.040 --> 0:07:28.240 anti semitism. Twenty one Europatrick Davis charged with posting threats. 0:07:28.600 --> 0:07:32.160 Anti Semitic incidents have soared since the Israel Hamas War 0:07:32.280 --> 0:07:36.080 began October seventh, and the conflict has bitterly divided dozens 0:07:36.120 --> 0:07:40.920 of campuses, including Harvard, Stanford, and the University of Pennsylvania 0:07:41.440 --> 0:07:43.640 and of Helder. Jury's verdict threatens to shake up the 0:07:43.680 --> 0:07:46.680 real estate industry. A jury found the National Association of 0:07:46.720 --> 0:07:50.000 Realtors is liable for one point eight billion dollars in 0:07:50.080 --> 0:07:54.960 damages for controlling the Multiple Listing Service, or MLS, and 0:07:55.080 --> 0:07:57.760 for requiring home sellers to pay both the buyer and 0:07:57.840 --> 0:08:02.120 seller brokerage fees at a single transaction. Global news twenty 0:08:02.160 --> 0:08:04.160 four hours a day and whenever you want it with 0:08:04.160 --> 0:08:05.000 Bloomberg News. 0:08:05.040 --> 0:08:05.280 Now. 0:08:05.520 --> 0:08:08.200 I'm John Tucker, and this is Bloomberg Karen. 0:08:08.480 --> 0:08:10.480 All right, John, thank you well. We do bring you 0:08:10.560 --> 0:08:13.640 news throughout the day right here on Bloomberg Radio. But 0:08:13.680 --> 0:08:17.120 now you can get the latest news on demand whenever 0:08:17.240 --> 0:08:20.400 you want it. Subscribe to Bloomberg News Now to get 0:08:20.400 --> 0:08:23.040 the latest headlines at the click of a button. Get 0:08:23.080 --> 0:08:26.240 informed on your schedule. You can listen and subscribe to 0:08:26.240 --> 0:08:29.520 Bloomberg News Now on the Bloomberg Business app, Bloomberg dot 0:08:29.560 --> 0:08:33.679 Com plus apples, Spotify, and anywhere else you get your podcasts. 0:08:38.160 --> 0:08:41.360 Time now for the Bloomberg Sports Update. Here's John stash 0:08:41.400 --> 0:08:42.920 Hour John Karn. 0:08:42.960 --> 0:08:45.840 Game four the World Series at Arizona. The Texas Rangers 0:08:45.840 --> 0:08:48.720 scored five runs in the second and in five more 0:08:48.760 --> 0:08:51.160 in the third. They led ten nothing held on to 0:08:51.240 --> 0:08:54.760 win over the Diamondbacks eleven to seven, and the Rangers 0:08:54.800 --> 0:08:57.160 now lead the series three games to one. They can 0:08:57.240 --> 0:09:01.240 win the first championship and franchise history in Game five tonight. 0:09:01.360 --> 0:09:04.200 Arizona did come from three to two down in the 0:09:04.360 --> 0:09:07.440 NLCS against Philadelphia's seven teams have come back from a 0:09:07.440 --> 0:09:10.200 three to one deficit in the World Series. Marcus Simmion 0:09:10.240 --> 0:09:12.520 last night two run triple, then a three run homer. 0:09:12.800 --> 0:09:15.680 Corey Seger homer for the third time in the series. 0:09:15.800 --> 0:09:19.160 NBA and Phoenix. The Spurs were down by twenty. Keldon 0:09:19.320 --> 0:09:22.280 Johnson stole the ball from Kevin Durant hit a driving 0:09:22.360 --> 0:09:25.000 layup with a second to go gay San Antonio its 0:09:25.040 --> 0:09:27.560 first lead of the night. The Spurs beat the Suns 0:09:27.559 --> 0:09:31.040 one fifteen to one fourteen shake up in Las Vegas. 0:09:31.040 --> 0:09:33.360 The Raiders are three and five and they have fired 0:09:33.440 --> 0:09:36.760 Josh McDaniels midway through his second year on the job. 0:09:36.840 --> 0:09:40.800 General manager Dave Ziegler also fired the Raiders three and five, 0:09:40.960 --> 0:09:44.440 nine and sixteen under McDaniels, who had great success as 0:09:44.480 --> 0:09:47.600 the Patriots offensive corindera but has now been fired as 0:09:47.640 --> 0:09:51.600 a head coach twice by AFC West teams. Antonio Pierce 0:09:51.600 --> 0:09:54.600 will be the interim Raiders head coach Sunday. It'll be 0:09:54.600 --> 0:09:58.079 actually against his former team, the Giants. We've heard for 0:09:58.120 --> 0:10:00.440 the first time for the college Football Playoff off. The 0:10:00.559 --> 0:10:03.720 rankings have Ohio State number one. Buck Guys had the 0:10:03.720 --> 0:10:06.400 winds over Notre Dame in Penn State, Georgia's rank two, 0:10:06.840 --> 0:10:08.680 then Michigan, then Florida State. 0:10:08.920 --> 0:10:09.760 Johns dashedward. 0:10:09.760 --> 0:10:11.160 Bloomberg Sports. 0:10:13.640 --> 0:10:16.679 From coast to coast, from New York to San Francisco, 0:10:17.000 --> 0:10:21.640 Boston to Washington, DC, nationwide on Syrias Exam the Bloomberg 0:10:21.679 --> 0:10:25.840 Business app in Bloomberg Dot com. This is Bloomberg Daybreak. 0:10:27.200 --> 0:10:28.640 Good morning, I'm Amy Morris. 0:10:28.760 --> 0:10:32.000 After a barrage of air strikes by Israel in Gaza. 0:10:32.120 --> 0:10:35.480 Israeli forces say they've assassinated the architect of the October 0:10:35.520 --> 0:10:39.640 seventh terror attack, and Palestinians say hundreds of civilians were 0:10:39.720 --> 0:10:42.640 killed or injured in those strikes. We're joined now by 0:10:42.679 --> 0:10:47.160 Bloomberg's Gale to Alstein and Tel Aviv. This latest airstrike 0:10:47.320 --> 0:10:50.840 has drawn condemnation across the Middle East. Does this create 0:10:50.840 --> 0:10:53.440 a greater risk of the expansion of this war through 0:10:53.440 --> 0:10:53.920 the region? 0:10:55.280 --> 0:10:58.120 Yes, some good morning, so yes, we are seeing that 0:10:58.160 --> 0:11:00.720 there's quite a big operation going on in the Jabalo 0:11:00.760 --> 0:11:02.959 or refugee camp. This is, by the way, both an 0:11:03.000 --> 0:11:06.520 Areel attack and the ground attack that is being carried 0:11:06.520 --> 0:11:09.880 out by Israel. This is the most crowded refugee camp 0:11:09.960 --> 0:11:13.200 in the world. It occupies one hundred and thousand people 0:11:13.240 --> 0:11:18.120 and roughly one and a half square kilometers the Ideas. 0:11:18.200 --> 0:11:22.520 The Israeli defense forces say they killed fifty Hamas militants there. 0:11:23.040 --> 0:11:26.160 Hamas Sam and the health ministry in Gaza that is 0:11:26.240 --> 0:11:33.080 run by Hamas reporting a larger number of casualties over there. Basically, 0:11:33.120 --> 0:11:37.160 the Israeli Defense Forces say that this the military stronghold 0:11:37.600 --> 0:11:41.880 that is located in western Jebala was located there was 0:11:42.000 --> 0:11:46.080 used by the commander of Hamasas Jabelia Battalion for the 0:11:46.160 --> 0:11:49.959 training and the execution of terror activities and contained firing 0:11:50.000 --> 0:11:54.160 positions and terror tunnels and also a large stock of weapons. 0:11:54.160 --> 0:11:57.840 So that's what we know about what happened there. And 0:11:57.880 --> 0:12:00.480 another bit of news that we're getting now that the 0:12:00.520 --> 0:12:05.080 Alka Sama Brigades they belong to Hamas, they announced the 0:12:05.160 --> 0:12:09.680 killing of seven of its civilian detainees, meaning the hostages. 0:12:09.800 --> 0:12:12.800 They say that they were killed also in Jabalia yesterday, 0:12:12.840 --> 0:12:16.680 including three holders of foreign passports. This has not been 0:12:17.080 --> 0:12:21.160 verified otherwise, but this is what they are saying now 0:12:21.200 --> 0:12:25.080 on Palestine TV. So that's what we know that is 0:12:25.080 --> 0:12:26.360 going on on the ground. 0:12:26.440 --> 0:12:26.680 Now. 0:12:28.000 --> 0:12:31.360 We have not seen any you know, further response other 0:12:31.440 --> 0:12:34.199 than the rhetoric that you've mentioned, but of course this 0:12:34.240 --> 0:12:35.920 is something I'm to still follow. 0:12:37.440 --> 0:12:40.000 You mentioned the hostages and how they are reporting in 0:12:40.040 --> 0:12:43.080 Palestine that they are killing the hostages. What's the latest 0:12:43.080 --> 0:12:44.480 on the negotiations to freedom? 0:12:45.840 --> 0:12:49.720 So yesterday we heard the head of Israel's National Security 0:12:49.800 --> 0:12:54.960 Council TEGB and he said that as far as Israel 0:12:55.559 --> 0:12:57.840 can say and report, at this time, there is no 0:12:58.440 --> 0:13:03.040 hostage negotiation. There's no deal that is in the near 0:13:03.120 --> 0:13:07.280 horizon at least that's what That's what he said. He 0:13:07.520 --> 0:13:12.320 he also mentioned that Kata and that's according to him, 0:13:12.720 --> 0:13:16.520 has has realized that Hamas was misleading them quote unquote. 0:13:16.880 --> 0:13:20.199 So according at least to Israeli officials, you know that 0:13:20.200 --> 0:13:22.560 that we're only went on the record yesterday. There is 0:13:22.600 --> 0:13:24.160 no deal in sight at this time. 0:13:25.679 --> 0:13:28.760 There are also the developments on the border crossing from 0:13:28.760 --> 0:13:31.680 Gaza into Egypt. We are learning now that foreigners and 0:13:31.679 --> 0:13:34.319 some wounded Palestinians are being allowed to leave Gaza for 0:13:34.360 --> 0:13:38.120 the first time since the Israel began the ground invasion. 0:13:38.200 --> 0:13:40.800 What are you watching for? What should we be watching 0:13:40.800 --> 0:13:41.360 for on that? 0:13:41.760 --> 0:13:45.240 Yeah, so this is an interesting development that is happening 0:13:45.920 --> 0:13:50.640 this morning. We're seeing foreign passport holders begin to exit 0:13:50.679 --> 0:13:54.080 Gaza into Egypt through the Lafa crossing. This is, like 0:13:54.160 --> 0:13:56.920 you mentioned, for the first time I think actually since 0:13:57.000 --> 0:14:00.880 Israel began its aerial attacks on Gaza or in October. 0:14:01.280 --> 0:14:04.200 And this is according to footage that is being shown 0:14:04.240 --> 0:14:08.080 and streamed on several media outlets. HAMASA did say earlier 0:14:08.080 --> 0:14:11.440 that it expects some foreigners and dual nationals to be 0:14:11.440 --> 0:14:18.080 allowed into Egypt, including Red crossworkers and nationals from Australia, Austria, Jordan, 0:14:18.160 --> 0:14:22.920 and Indonesia. And we've also been getting reports that eighty 0:14:23.000 --> 0:14:27.320 wounded Palestinians will be transferred for treatment in Egypt. And 0:14:28.200 --> 0:14:31.920 it's interesting because we have been hearing Israeli officials ask 0:14:32.080 --> 0:14:36.280 that more wounded Palestinians be taken to hospitals outside of 0:14:36.320 --> 0:14:41.280 the Gaza Strip in Egypt. Also field hospital that is 0:14:41.360 --> 0:14:43.320 planned to be set up near the border, as well 0:14:43.360 --> 0:14:46.520 as maybe some floating hospitals that will be coming into 0:14:46.560 --> 0:14:50.120 the area from countries like France and maybe others. And 0:14:50.240 --> 0:14:53.880 this is basically meant to take pressure off Israel to 0:14:53.960 --> 0:14:57.840 let fuel into Gaza, since Israel claims that Hamas has 0:14:57.840 --> 0:15:00.480 fuel and that the fuel it has facilitated not only 0:15:00.560 --> 0:15:06.320 hospitals but also underground commands and tunnels, and Israel wants 0:15:06.360 --> 0:15:09.840 to create pressure, you know, on these places. They want 0:15:09.840 --> 0:15:12.680 to move as many wounded Palestinians outside of the Gaza 0:15:12.760 --> 0:15:16.320 Strip so that you know, if the fuel runs out 0:15:16.320 --> 0:15:19.440 that it used to facilitate these underground command centers. Then 0:15:19.480 --> 0:15:22.360 eventually these commas militants are going to have to come 0:15:22.360 --> 0:15:25.240 out as well. 0:15:25.360 --> 0:15:28.720 You're listening to Bloomberg Daybreak today, your morning brief on 0:15:28.800 --> 0:15:32.640 the stories making news from Wall Street to Washington and beyond. 0:15:32.920 --> 0:15:35.720 Look for us on your podcast feed at six am 0:15:35.800 --> 0:15:39.440 Eastern each morning, on Apple, Spotify, and anywhere else you 0:15:39.520 --> 0:15:40.720 get your podcasts. 0:15:41.000 --> 0:15:44.240 You can also listen live each morning starting at five 0:15:44.280 --> 0:15:47.440 am Wall Street time, on Bloomberg eleven three to zero 0:15:47.480 --> 0:15:50.680 in New York, Bloomberg ninety nine to one in Washington, 0:15:51.040 --> 0:15:54.640 Bloomberg one oh sixty one in Boston, and Bloomberg nine 0:15:54.760 --> 0:15:56.400 sixty in San Francisco. 0:15:57.080 --> 0:16:00.280 Our flagship New York station is also available on your 0:16:00.320 --> 0:16:05.920 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. 0:16:06.200 --> 0:16:09.600 Listen coast to coast on the Bloomberg Business app, serious 0:16:09.840 --> 0:16:14.200 XM Channel one nineteen, the iHeartRadio app, and on Bloomberg 0:16:14.240 --> 0:16:14.960 dot Com. 0:16:15.080 --> 0:16:17.400 I'm Amy Morris and I'm Karen Moscow. 0:16:17.600 --> 0:16:20.360 Join us again tomorrow morning for all the news you 0:16:20.480 --> 0:16:23.360 need to start your day, right here on Bloomberg day 0:16:23.360 --> 0:16:23.680 Break