Obama Endorses Harris; France Rail Sabotage

Bloomberg Audio Studios, Podcasts, Radio News. 0:00:09.720 --> 0:00:10.280 Good morning. 0:00:10.280 --> 0:00:13.119 I'm Nathan Hager and I'm Karen Moscow. Here are the 0:00:13.160 --> 0:00:14.600 stories we're following today. 0:00:14.800 --> 0:00:17.880 Karen, we begin with breaking news in Paris, hours ahead 0:00:17.880 --> 0:00:21.280 of the opening ceremony of the twenty twenty four Olympic Games. 0:00:21.480 --> 0:00:26.680 Major train delays across France, including the International Eurostar, due 0:00:26.680 --> 0:00:30.440 to what's being called a coordinated act of sabotage. Authorities 0:00:30.480 --> 0:00:33.400 say it is aimed at paralyzing France's rail network. The 0:00:33.400 --> 0:00:37.760 French Transport Minister says the quote coordinated malicious acts targeted 0:00:37.800 --> 0:00:42.040 several TGV lines. Bloomberg Paris Bureau chief Allan Katz says 0:00:42.080 --> 0:00:44.120 the perpetrators are unknown at the moment. 0:00:44.840 --> 0:00:47.559 These were physical acts. People have talked about fires on 0:00:47.600 --> 0:00:51.240 the tracks in local media. The Transport minister who discussed 0:00:51.240 --> 0:00:54.880 I talked about firefighters being on site out of these locations, 0:00:54.880 --> 0:00:57.320 so it appears to be physical. 0:00:58.000 --> 0:01:01.480 Bloomberg's Allenkatz says. Authorities are also worried that non traditional 0:01:01.520 --> 0:01:05.000 targets may be in hackers sites. Stay with Bloomberg Radio. 0:01:05.040 --> 0:01:07.800 We will continue to provide updates on this developing story 0:01:07.840 --> 0:01:08.520 throughout the day. 0:01:09.040 --> 0:01:12.319 And Nathan We have breaking news in politics this morning. 0:01:12.400 --> 0:01:15.920 Former President and First Lady Barack and Michelle Obama have 0:01:16.040 --> 0:01:19.160 offered their full support to Kamala Harris in the twenty 0:01:19.200 --> 0:01:22.520 twenty four presidential race and a phone call release this morning. 0:01:22.920 --> 0:01:25.560 This is going to be historic. 0:01:25.959 --> 0:01:29.000 We call to say, Michelle and I couldn't be prouder 0:01:29.120 --> 0:01:31.280 to endorse you and to do everything we can to 0:01:31.440 --> 0:01:34.000 get you through this election and into the old loss. 0:01:34.120 --> 0:01:37.319 Oh my goodness, Michelle Bractice means so. 0:01:37.400 --> 0:01:40.240 Much, the trio speaking a phone call and a newly 0:01:40.319 --> 0:01:42.920 released video. The official nomination will be made at the 0:01:42.959 --> 0:01:44.640 party's convention next month. 0:01:44.760 --> 0:01:44.880 Well. 0:01:44.959 --> 0:01:48.160 Meanwhile, Karen Vice President Harris is taking a firm stance 0:01:48.200 --> 0:01:50.880 when it comes to the war between Israel and Hamas. 0:01:50.920 --> 0:01:54.760 After meeting with Israel's Prime Minister Benjamin Netan, Yahoo, Harris 0:01:54.760 --> 0:01:57.960 said she pressed the Israeli leader to get a ceasefire 0:01:58.040 --> 0:02:01.280 deal done. Bloomberg's Ed has that story. 0:02:01.520 --> 0:02:04.760 Haarra says she made very clear her serious concern about 0:02:04.760 --> 0:02:07.040 the dire humanitarian crisis in Gaza. 0:02:07.160 --> 0:02:10.119 We cannot look away in the face of these tragedies. 0:02:10.600 --> 0:02:14.440 We cannot allow ourselves to become numb to the suffering 0:02:15.200 --> 0:02:15.639 and I. 0:02:15.639 --> 0:02:18.760 Will not be silent having said that. I've said it. 0:02:18.680 --> 0:02:22.440 Many times, but it bears repeating. Israel has a right 0:02:22.639 --> 0:02:25.799 to defend itself and how it. 0:02:25.720 --> 0:02:28.840 Does so matters. Haarra says what has happened in Gaza 0:02:28.880 --> 0:02:33.400 in the past nine months is devastating. Ed Baxter Bloomberg. 0:02:33.040 --> 0:02:36.200 Radio, all right and thank you all. President Biden also 0:02:36.400 --> 0:02:39.320 met with Israel's Prime minister, as leaders say they're in 0:02:39.320 --> 0:02:41.880 the final stages of closing a deal to pause the 0:02:41.919 --> 0:02:45.040 fighting and release hostages, and Bloomberg's Amy Morris has the 0:02:45.120 --> 0:02:46.359 details from Washington. 0:02:47.600 --> 0:02:50.880 Family members of more than one hundred Israeli hostages being 0:02:50.919 --> 0:02:54.200 held by Hamas met with Biden and Natanyahu at the 0:02:54.200 --> 0:02:57.960 White House. Jonathan Dekelchen, whose American son is being held, 0:02:58.240 --> 0:03:00.440 said they came away from the meeting with a sense 0:03:00.480 --> 0:03:01.320 of optimism. 0:03:01.440 --> 0:03:04.800 There is more reason today than in any time since 0:03:05.120 --> 0:03:10.280 the last round of hostage releases that there is a 0:03:10.320 --> 0:03:12.440 place now to complete this three phase deal. 0:03:12.440 --> 0:03:15.320 White House officials say those negotiations are now in the 0:03:15.360 --> 0:03:18.200 closing stages, but there are still some issues that need 0:03:18.240 --> 0:03:21.519 to be resolved. In Washington. Amy Morris Bloomberg Radio. 0:03:21.480 --> 0:03:23.720 Okay me, thank you and after his time in DC 0:03:23.960 --> 0:03:27.000 this week. Prime Minister Natanya who heads to Florida today 0:03:27.040 --> 0:03:29.760 where he'll meet with former President Donald Trump at his 0:03:29.880 --> 0:03:31.200 home in mar Lago. 0:03:31.400 --> 0:03:31.600 Now. 0:03:31.600 --> 0:03:34.680 Trump and Netanyah, who enjoyed a close relationship while the 0:03:34.720 --> 0:03:38.520 former president was in office, but they split after Nettunyaho 0:03:38.560 --> 0:03:41.880 recognized President Biden's twenty twenty election victory. 0:03:42.200 --> 0:03:45.880 And with the election fast approaching, Nathan A presidential debate 0:03:45.920 --> 0:03:48.760 is still on the schedule for September tenth, but Donald 0:03:48.840 --> 0:03:51.640 Trump is not committing to it just yet. The Trump 0:03:51.680 --> 0:03:55.040 campaign said it would be inappropriate to commit until Democrats 0:03:55.200 --> 0:03:58.560 formally nominate a new candidate. Trump also says he wants 0:03:58.560 --> 0:04:02.040 an organization other than ABC News to moderate it. Vice 0:04:02.120 --> 0:04:05.080 President Harris says she's ready to debate and says Trump 0:04:05.160 --> 0:04:06.000 is backpedaling. 0:04:06.160 --> 0:04:08.520 Now, let's turn back to the markets, Karen. The Fed's 0:04:08.600 --> 0:04:12.200 key inflation gauge core PCE comes out at eight thirty 0:04:12.240 --> 0:04:15.000 this morning. Wall Street time It could spell the path 0:04:15.080 --> 0:04:18.200 four rate cuts this year. Bloomberg's Michael McKee has a preview. 0:04:18.520 --> 0:04:21.960 There's a possibility of an upside surprise today. The inflation 0:04:22.080 --> 0:04:25.520 numbers in yesterday's GDP report were good, with headline and 0:04:25.680 --> 0:04:30.560 core PCE falling below three percent. Those are quarterly averages. However, 0:04:30.680 --> 0:04:33.800 today's monthly number for June will matter more to the 0:04:33.800 --> 0:04:37.360 Fed in terms of the current trajectory for prices. Chairman 0:04:37.440 --> 0:04:39.880 j Powell has said the central Bank won't wait to 0:04:39.960 --> 0:04:44.080 cut rates until inflation reaches the two percent target. GDP 0:04:44.240 --> 0:04:48.360 also suggested upside possibilities for consumers spending. In today's report. 0:04:48.800 --> 0:04:51.560 For the quarter, spending was up more than expected two 0:04:51.600 --> 0:04:54.719 point three percent. If much of that strength came in June, 0:04:54.720 --> 0:04:57.680 it would reassure Fed officials they are not behind the 0:04:57.760 --> 0:04:59.920 curve on growth. Michael McKee Bloomberg. 0:05:00.600 --> 0:05:03.040 All right, Mike, thanks, and as traders see signs of 0:05:03.080 --> 0:05:06.799 a resilient US economy, calls for a July rate cutter growing. 0:05:06.920 --> 0:05:10.560 Former New York Fed President Bill Dudley tells Bloomberg policy 0:05:10.600 --> 0:05:12.800 makers should reduce rates next week. 0:05:13.080 --> 0:05:15.960 The Fed doesn't cut in July and waste of September. 0:05:16.000 --> 0:05:18.640 It's not going to have a huge effect on the commentstratrector, 0:05:18.800 --> 0:05:21.560 except the fact that when the unemployerent rates start to deteriorate, 0:05:21.680 --> 0:05:24.599 it seems to be a reinforcing negative feedback loop. Jobs 0:05:24.640 --> 0:05:27.279 are lost, people pull back on spending that leads to 0:05:27.480 --> 0:05:29.000 further cuts in employment. 0:05:29.360 --> 0:05:33.200 Bill Dudley's comments were echoed by fellow Bloomberg opinion columnist 0:05:33.240 --> 0:05:36.719 Muhammad Alarian. He says delaying cuts could prove to be 0:05:36.760 --> 0:05:40.520 a policy mistake, but yesterday's better than expected GDP figure 0:05:40.600 --> 0:05:44.000 did reinforce bets the Fed likely won't cut until September. 0:05:44.279 --> 0:05:48.320 Karen wall Street's split has widened as smaller stocks rise 0:05:48.400 --> 0:05:51.560 and big tech gives back more of its huge gains. 0:05:51.640 --> 0:05:54.200 More in this report from Bloomberg's John Tucker, John. 0:05:54.080 --> 0:05:57.160 And Nathan continued weakness for a pocket of big tech stocks, 0:05:57.160 --> 0:06:00.440 including Nvidia and Microsoft weight on the SMP five five hundred. 0:06:00.520 --> 0:06:03.440 Yesterday it closed lower by half a percent, The tech 0:06:03.440 --> 0:06:06.560 heavy Nastak that gave up another nine tenths of a percent, 0:06:06.920 --> 0:06:09.480 and that rotation of the smaller caps continued, with the 0:06:09.560 --> 0:06:12.840 Russell two thousand climbing. It's a further signed investors are 0:06:12.839 --> 0:06:16.200 preparing four interest rate cuts, and Stu Kaizer at City 0:06:16.200 --> 0:06:20.280 Group Global Markets believes earnings will be key for future performance. 0:06:21.040 --> 0:06:23.480 Big picture, I think the earnings outlooks looks pretty strong. 0:06:23.520 --> 0:06:25.719 Twelve month forward EPs, it's a two hundred and sixty bucks, 0:06:25.760 --> 0:06:26.880 which is a very big number. 0:06:27.000 --> 0:06:30.400 The challenge is that the expectations around that Earning's outlook 0:06:30.440 --> 0:06:31.719 are quite high, with. 0:06:31.800 --> 0:06:34.919 The velocity of this selloff has rattled the investors. It 0:06:34.960 --> 0:06:37.560 took about twenty trading days in twenty twenty three to 0:06:37.600 --> 0:06:39.960 produce an eight percent drop of the tech heavy Nastak. 0:06:40.279 --> 0:06:43.200 Compare that with just ten trading days this time around. 0:06:43.440 --> 0:06:45.360 John Tucker, Bloomberg Radio, All. 0:06:45.320 --> 0:06:48.159 Right, John, thank you well. Turning back overseas, Apple is 0:06:48.160 --> 0:06:51.880 losing ground in China's smartphone market as local companies take 0:06:51.880 --> 0:06:54.960 a lead. iPhone Shipman slid three point one percent in 0:06:55.000 --> 0:06:57.560 the June quarter compare but that eleven percent year on 0:06:57.680 --> 0:07:01.719 year rise among Android powered competitive According to market tracker 0:07:01.760 --> 0:07:04.440 id C, Apple is now out of the top five 0:07:04.520 --> 0:07:06.960 handset makers and shine up for the first time in 0:07:07.040 --> 0:07:07.640 four years. 0:07:07.920 --> 0:07:11.160 And back here in the US, Karen JP Morgan Chase 0:07:11.200 --> 0:07:16.720 has launched a new research analyst artificial intelligence chat bot. 0:07:16.920 --> 0:07:19.640 The bank is telling its employees to use its own 0:07:19.720 --> 0:07:23.920 version of chat GPT as a writer, idea generator, and 0:07:24.160 --> 0:07:28.080 problem solver. The new tool, called LM Suite, comes as 0:07:28.320 --> 0:07:31.880 many expect AI to create major economic gains but also 0:07:32.000 --> 0:07:37.920 displace a number of jobs, and it's. 0:07:37.840 --> 0:07:39.000 Time now for a look at some of the o 0:07:39.000 --> 0:07:41.360 their stories making news in New York and around the world. 0:07:41.440 --> 0:07:44.600 For that, we're joined by Bloomberg's Michael Barr Michael, good Morning. 0:07:44.440 --> 0:07:47.480 Good morning, Karen Too. Suspected leaders of one of the 0:07:47.480 --> 0:07:52.040 most powerful Mexican drug card tells are now in US custody. 0:07:52.400 --> 0:07:56.600 Official say seventy six year old Ismail Lambarda Garcia, also 0:07:56.720 --> 0:08:01.960 known as Elmeo, and Joaquin Usman Lopez, son of infamous 0:08:02.080 --> 0:08:05.520 drug lord l Cheppo. We're arrested after landing in a 0:08:05.520 --> 0:08:10.600 private plane in El Paso, Texas yesterday. Attorney General Merrick. 0:08:10.360 --> 0:08:14.960 Gerland fentanyl is the deadliest drug threat our country has 0:08:15.040 --> 0:08:19.520 ever faced. The Justice Department will not rest until every 0:08:19.640 --> 0:08:25.240 single cartel leader, member, and associate responsible for poisoning our 0:08:25.320 --> 0:08:27.560 communities is held accountable. 0:08:28.280 --> 0:08:32.680 GOP leaders are reacting after the dramatic cartel drug bust, 0:08:33.040 --> 0:08:36.040 news of the arrests coming at the same time House 0:08:36.080 --> 0:08:39.600 Speaker Mike Johnson was during the Southern border in California, 0:08:39.640 --> 0:08:43.480 blaming the administration for the flow of drugs into the US. 0:08:43.760 --> 0:08:45.800 The election hasn't take place to really fix this and 0:08:45.840 --> 0:08:48.720 I think the people recognize that, and I think they're 0:08:48.720 --> 0:08:51.360 going to hold the borders. Are Kamala Harris personally responsible 0:08:51.400 --> 0:08:52.120 for this and they should? 0:08:52.559 --> 0:08:56.200 Speaker Johnson says that Vice President Kamala Harris is a 0:08:56.320 --> 0:09:01.160 San Francisco radical who bears the responsibility or catastrophe at 0:09:01.160 --> 0:09:05.000 the border. The Senate is closer to passing legislation aimed 0:09:05.000 --> 0:09:07.959 at keeping children safe on the internet. It cleared a 0:09:08.040 --> 0:09:12.319 key procedural hurdle Thursday. Final passage could come next week. 0:09:12.679 --> 0:09:16.520 The Kids Online Safety Act passed eighty six to one 0:09:16.880 --> 0:09:21.040 in Thursday's test vote. Connecticut Senator Richard Blumenthal has been 0:09:21.120 --> 0:09:24.600 leading the legislation as one of the original co sponsors. 0:09:25.120 --> 0:09:30.400 It is really just about empowering young people and parents 0:09:30.800 --> 0:09:35.040 to take back control over their lives online. 0:09:35.080 --> 0:09:38.360 Senator Rand Paul was the only Senator to vote against 0:09:38.440 --> 0:09:42.720 the proceedings. Hollywood's video game performers are going on strike, 0:09:42.840 --> 0:09:46.040 throwing part of the entertainment industry into another work stoppage. 0:09:46.520 --> 0:09:48.720 It comes after talks for a new contract with the 0:09:48.760 --> 0:09:53.880 major game studios broke down over artificial intelligence protections. Global 0:09:53.920 --> 0:09:56.600 news twenty four hours a day and whenever you want 0:09:56.600 --> 0:10:00.200 it with Bloomberg News Now, Michael Barr, this is is 0:10:00.200 --> 0:10:01.160 Bloomberg Kevin. 0:10:01.280 --> 0:10:07.959 All right, Michael Burr, thank you time now for the 0:10:08.000 --> 0:10:10.480 Bloomberg Sports Update with John stash Hour. 0:10:10.640 --> 0:10:13.360 John, Good morning, Good morning, Karen. Things must be going 0:10:13.360 --> 0:10:15.000 well for the Mets. And a night when they went 0:10:15.400 --> 0:10:18.439 six straight innings without a base runner, had only three 0:10:18.520 --> 0:10:21.080 hits in ten innings, they still won three to two 0:10:21.120 --> 0:10:23.080 over Atlanta. The Mets have now won ten of their 0:10:23.160 --> 0:10:26.560 last thirteen. They've moved six games over five hundred. If 0:10:26.559 --> 0:10:29.240 they beat the Braves again tonight at City Field, they'll 0:10:29.240 --> 0:10:31.960 move into second place in the NL East Francisco. In 0:10:32.000 --> 0:10:35.160 Doorstay's hot, a two run homer, Jeff McNeil with a 0:10:35.200 --> 0:10:38.120 game winning single, and the tenth inning a fly ball 0:10:38.480 --> 0:10:40.360 to the corner and right field that should have been 0:10:40.400 --> 0:10:43.960 caught by the Braves Ramon Loreano. The Mets bullpen five 0:10:44.200 --> 0:10:48.200 scoreless and hitless innings. A day game in DC, San 0:10:48.240 --> 0:10:51.080 Diego's Dylan Seas with a no hitter of the Nationals, 0:10:51.120 --> 0:10:54.200 just the second no hitter in Padre's history. Sees through 0:10:54.440 --> 0:10:57.920 one hundred and fourteen pitches, struck out nine, walk three. 0:10:58.000 --> 0:11:00.160 It was a trip to Boston in June that and 0:11:00.280 --> 0:11:03.160 this Yankee tail spin. They visit the Red Sox tonight. 0:11:03.480 --> 0:11:06.360 Yanks are eleven and twenty three in their last thirty 0:11:06.360 --> 0:11:09.079 four games. Only the White Socks have been worse. Here 0:11:09.200 --> 0:11:11.760 was Aaron Boone after the most recent loss to the Mets. 0:11:12.000 --> 0:11:15.280 I'm not going to define stretch this or that. We 0:11:15.320 --> 0:11:20.079 gotta go win, right and we're we're right there. You 0:11:20.160 --> 0:11:23.079 know we're watching, you know, other teams struggle around us. 0:11:24.240 --> 0:11:27.480 We know we gotta be better. Okay, we gotta you know, 0:11:28.320 --> 0:11:30.360 we're pissed off in there. We got a lot of 0:11:30.400 --> 0:11:32.640 pride in there. We have a lot of expectation in there. 0:11:32.840 --> 0:11:35.560 Yanks now two games behind the Orioles. Baltimore had to 0:11:35.559 --> 0:11:38.319 walk off winning Miami. The trade deadline is next Tuesday. 0:11:38.400 --> 0:11:42.199 Tampa Bay just dealt outfielder Randia Rose Arena to Seattle 0:11:42.240 --> 0:11:45.559 in Paris today and Olympic opening ceremonies unlike one anyone 0:11:45.559 --> 0:11:48.679 has seen before. They're not using the stadium. The athletes 0:11:48.720 --> 0:11:52.000 will be parading while traveling on dozens of boats three 0:11:52.040 --> 0:11:54.640 point seven miles along the Center River. The procession should 0:11:54.640 --> 0:11:57.040 take about four hours. Wind up near the Eiffel Tower 0:11:57.400 --> 0:12:00.839 three hundred thousand people expected to attend. John stashle that 0:12:00.880 --> 0:12:02.400 we're Bloomberg Sports Karen. 0:12:02.200 --> 0:12:08.880 Nathan Coast to coast on Bloomberg Radio, nationwide on Syrius XM, 0:12:09.040 --> 0:12:11.920 and around the world on Bloomberg dot Com and the 0:12:12.000 --> 0:12:13.240 Bloomberg Business app. 0:12:13.440 --> 0:12:17.200 This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. The 0:12:17.240 --> 0:12:20.840 opening ceremonies of the twenty twenty four Paris Summer Olympic 0:12:20.880 --> 0:12:24.040 Games are just hours away. But this morning a massive 0:12:24.200 --> 0:12:28.680 act of sabotage across the French rail network is threatening 0:12:28.679 --> 0:12:31.720 to spoil the party joining us from Paris this morning. 0:12:31.760 --> 0:12:36.480 Is Bloomberg's Caroline Conna. Caroline, good morning. What is the latest? 0:12:36.520 --> 0:12:38.600 What has been happening on the rail line. 0:12:39.640 --> 0:12:42.640 So you know, the SMSLF is a national fast trained 0:12:42.679 --> 0:12:46.640 TGV trainagework, so they won this morning with a massive 0:12:46.640 --> 0:12:51.160 attack overnight on three of the main TGV lines going 0:12:51.200 --> 0:12:55.439 towards the west of Fanti Atlantic Coast, the north of 0:12:55.559 --> 0:12:59.760 France towards London and the Eurosaw and the east of 0:13:00.200 --> 0:13:04.400 going towards Belgium and Journey. Those TGV lines have been 0:13:04.679 --> 0:13:10.640 affected by what they call coordinated sabotage, with some fires 0:13:10.760 --> 0:13:14.000 on some of the rails. As a results, as many 0:13:14.040 --> 0:13:18.040 as eight hundred thousand people are being trended, and in 0:13:18.080 --> 0:13:20.920 fact some of these ruptions could last all weekends, so 0:13:21.000 --> 0:13:24.800 it is possible that many people coming from those regions 0:13:25.040 --> 0:13:28.120 would actually not be able to make it tonight for 0:13:28.280 --> 0:13:32.240 the opening ceremony of the Games. The smt of President 0:13:32.320 --> 0:13:36.440 saying this morning it's attacking a part of font the 0:13:36.559 --> 0:13:40.520 uralsar as I mentioned to London and would also be 0:13:40.600 --> 0:13:44.280 partly impacted. I was talking to various CEOs this morning 0:13:44.760 --> 0:13:48.360 here in Paris, including a court dan On. They were 0:13:48.440 --> 0:13:51.199 both saying that it is very sad to see that 0:13:51.240 --> 0:13:54.600 some people are trying to take the Olympics hostage, but 0:13:54.640 --> 0:13:57.360 they are still hoping that it will not ruin the 0:13:57.400 --> 0:13:58.080 party tonight. 0:13:58.600 --> 0:14:01.760 Do we have any idea point who these people are 0:14:01.880 --> 0:14:05.480 who may be behind this attack and what their motivation 0:14:05.720 --> 0:14:06.040 might be. 0:14:07.280 --> 0:14:09.160 It is actually very hard to tell at the moment 0:14:09.160 --> 0:14:12.480 because there's an investigation going on. But what we know 0:14:12.760 --> 0:14:17.439 is that from Lutigia newspaper, one of the pension newspapers 0:14:17.440 --> 0:14:20.440 the time for example, it could come from Ultas Gush, 0:14:20.480 --> 0:14:25.080 which is very far left activists in France who are 0:14:25.200 --> 0:14:28.680 complaining about the presence of the games, the fact that 0:14:28.720 --> 0:14:32.760 the French authorities have accepted hosting the games, and they 0:14:32.800 --> 0:14:36.840 were already warning before the games about trying to disrupt 0:14:37.200 --> 0:14:41.440 some people to avoid making Paris what they call a 0:14:41.520 --> 0:14:46.160 tourist attraction. We also know that the southeast of front, 0:14:46.280 --> 0:14:50.640 going towards the French Riviera, the line was also targeted, 0:14:50.720 --> 0:14:56.760 but the senc of agents have managed to actually prevent 0:14:57.200 --> 0:15:00.720 the fire and prevent those activists from such The rails 0:15:00.800 --> 0:15:03.560 through this line at the moment is not affected. But 0:15:03.560 --> 0:15:07.800 obviously we should know more when the investigation is taking pace. 0:15:08.320 --> 0:15:11.520 Just quickly, Caroline, we already know security is very tight 0:15:11.600 --> 0:15:14.920 in Paris. Does this point to vulnerabilities and potentially further 0:15:15.000 --> 0:15:17.200 complications as the games get underway? 0:15:18.680 --> 0:15:21.080 I mean, obviously a lot has been put in place 0:15:21.080 --> 0:15:24.880 by the entire ministry. As many as sixty five thousand 0:15:25.320 --> 0:15:29.400 security forces are being deployed during the game, forty five 0:15:29.480 --> 0:15:33.080 thousand just to night for the opening ceremony in Paris. 0:15:33.520 --> 0:15:36.320 You're going to have some police divers in the sent 0:15:36.480 --> 0:15:40.080 for example, checking all the boats, where as many as 0:15:40.120 --> 0:15:43.520 six thousand assets are going to sail down the river 0:15:43.720 --> 0:15:49.080 during this Olympic ceremony. So obviously, you know, it's obviously 0:15:49.240 --> 0:15:52.960 very hard to avoid everything, but a lot has been 0:15:53.000 --> 0:15:55.240 put in place. There's a lot of restrictions going to 0:15:55.280 --> 0:15:58.800 the center of either a ticket being accredited, they're done. 0:15:58.800 --> 0:16:03.080 Some scan checks in fact prevented thousands of people from 0:16:03.240 --> 0:16:08.400 having some accutitation of from being able to access certain 0:16:08.520 --> 0:16:13.640 zones of Paris. But obviously some of these actions can 0:16:13.680 --> 0:16:17.000 always happen despite that very high security measures that I've 0:16:17.000 --> 0:16:17.680 been put in tay. 0:16:18.080 --> 0:16:20.960 This is Bloomberg day Break Today, your morning brief on 0:16:21.040 --> 0:16:24.560 the stories making news from Wall Street to Washington and beyond. 0:16:24.840 --> 0:16:27.600 Look for us on your podcast feed at six am 0:16:27.680 --> 0:16:31.360 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:31.440 --> 0:16:32.640 get your podcasts. 0:16:32.720 --> 0:16:35.400 You can also listen live each morning starting at five 0:16:35.480 --> 0:16:38.040 am Wall Street Time on Bloomberg eleven three to zero 0:16:38.120 --> 0:16:40.920 in New York, Bloomberg ninety nine to one in Washington, 0:16:41.040 --> 0:16:43.920 Bloomberg one oh six to one in Boston, and Bloomberg 0:16:44.000 --> 0:16:45.680 ninety sixty in San Francisco. 0:16:46.080 --> 0:16:49.200 Our flagship New York station is also available on your 0:16:49.280 --> 0:16:54.360 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty. 0:16:54.400 --> 0:16:57.280 Plus listen coast to coast, on the Bloomberg Business app, 0:16:57.360 --> 0:17:01.360 Serious XM, the iHeartRadio app, and on Bloomberg dot Com. 0:17:01.360 --> 0:17:02.520 I'm Nathan Hager. 0:17:02.320 --> 0:17:05.439 And I'm Karen Moscow. Join us again tomorrow morning for 0:17:05.600 --> 0:17:08.080 all the news you need to start your day right 0:17:08.119 --> 0:17:09.760 here on Bloomberg Daybreak