Israel Vows Revenge; Trump Trial Update

Bloomberg Audio Studios, podcasts, radio news. 0:00:11.000 --> 0:00:11.559 Good morning. 0:00:11.600 --> 0:00:14.400 I'm Nathan Hager and I'm Karen Moscow. Here are the 0:00:14.440 --> 0:00:16.440 stories we're following today, Karen. 0:00:16.480 --> 0:00:20.680 Middle East tensions maybe ramping back up. Israeli military officials 0:00:20.680 --> 0:00:23.320 are saying they have no choice but to respond to 0:00:23.360 --> 0:00:26.640 Iran's drone and missile attack over the weekend, but the 0:00:26.760 --> 0:00:29.760 US and European allies are urging Israel to avoid the 0:00:29.840 --> 0:00:32.360 kind of tit for tat that could spark a wider 0:00:32.440 --> 0:00:35.240 war here. State Department spokesman Matthew Miller. 0:00:35.280 --> 0:00:37.239 Israel is a sovereign country. They have to make their 0:00:37.280 --> 0:00:40.159 own decisions about how best to defend themselves. What we 0:00:40.240 --> 0:00:43.239 always try to do is provide our best advice as 0:00:43.240 --> 0:00:46.000 a longtime friend of Israel and a longtime ally and 0:00:46.040 --> 0:00:48.560 partner of Israel. And that's what we've done since October seventh, 0:00:48.760 --> 0:00:51.000 across a broad range of fronts. It's what we have 0:00:51.080 --> 0:00:52.040 done over the weekend. 0:00:52.159 --> 0:00:55.000 Matthew Miller at the State Department says the Biden administration 0:00:55.040 --> 0:00:58.120 has put more than five hundred sanctions on Iranian entities 0:00:58.120 --> 0:00:59.600 to hold Tehran accountable. 0:01:00.080 --> 0:01:04.039 But for Israel, Nathan, the question isn't if the country response. 0:01:04.160 --> 0:01:07.640 But how more on that From Bloomberg's Rosalind Madison. 0:01:07.480 --> 0:01:10.800 There's a wide range of possibilities here. From a direct attack, 0:01:10.840 --> 0:01:13.959 as you say, from Israel on Iran, that would not 0:01:14.000 --> 0:01:18.240 be unprecedented, but that's one option for them, targeting military sites, 0:01:18.280 --> 0:01:20.240 perhaps even nuclear. 0:01:19.880 --> 0:01:21.080 Sites in Iran. 0:01:21.160 --> 0:01:23.960 Of course, there's a lot of concern about Iran's nuclear program, 0:01:24.280 --> 0:01:26.360 or does it go for something instead, like going for 0:01:26.400 --> 0:01:29.280 one of Iran's proxies in the region. We're talking about 0:01:29.319 --> 0:01:33.040 the Huthis in Yemen, We're talking about Hamas in Gaza, 0:01:33.200 --> 0:01:36.120 Hezblah in Lebanon. Do they go through one of those 0:01:36.160 --> 0:01:37.480 proxies to retaliate. 0:01:37.680 --> 0:01:41.520 Bloomberg's Rauslin Madison reports are timing of an Israeli response 0:01:41.680 --> 0:01:45.880 also is not clear. Iran's deputy Foreign Minister is warning 0:01:45.920 --> 0:01:49.360 any Israeli counterattack would be met with a more severe, 0:01:49.480 --> 0:01:52.720 faster and immediate blow. He says it would take seconds 0:01:52.720 --> 0:01:54.720 for his country to launch another strike. 0:01:54.920 --> 0:01:57.000 Well, Karen, the turmoil in the Middle East has added 0:01:57.040 --> 0:01:59.840 new urgency to passing Foreign aid in the House after 0:02:00.080 --> 0:02:03.880 months of inaction. Bloomberg's Ed Baxter reports votes could come 0:02:04.040 --> 0:02:04.520 this week. 0:02:04.960 --> 0:02:08.040 Speaker Mike Johnson is planning separate votes this week on 0:02:08.160 --> 0:02:11.640 new aid to both Israel and Ukraine. This in an 0:02:11.680 --> 0:02:16.359 attempt to assemble fragile coalitions to speed weaponry to both places. 0:02:16.400 --> 0:02:19.480 We have a terrorist in tyrants and terrible leaders around 0:02:19.480 --> 0:02:23.000 the world like Putin and g and in Iran, and 0:02:23.040 --> 0:02:25.960 they're watching to see if America will stand up for 0:02:26.000 --> 0:02:28.680 its allies in our own interest around the globe, and 0:02:28.720 --> 0:02:29.080 we will. 0:02:29.160 --> 0:02:31.440 Now, his party majority is very slim, and he may 0:02:31.520 --> 0:02:34.600 need Democrat support, and he very well may get it. 0:02:34.880 --> 0:02:38.519 The mpasse over eight has been dragging on since October. 0:02:38.840 --> 0:02:40.320 At Baxter Bloomberg. 0:02:39.960 --> 0:02:42.240 Radio, all right, ed, thank you now to the historic 0:02:42.320 --> 0:02:47.120 criminal case involving former President Donald Trump. Jury selection continues today. 0:02:47.320 --> 0:02:50.560 Bloomberg Law host June Garasso has the latest from New York. 0:02:50.919 --> 0:02:54.200 Trump's criminal trial got off to a slow start. The 0:02:54.280 --> 0:02:57.919 jury selection process began hours late because of a slew 0:02:57.960 --> 0:03:01.040 of motions. The trial judge had to handle first, and 0:03:01.080 --> 0:03:03.640 then more than half of the first pool of ninety 0:03:03.680 --> 0:03:07.880 six perspective jurors was dismissed after saying they couldn't be 0:03:08.000 --> 0:03:11.360 fair and impartial. Court adjourned for the day with zero 0:03:11.560 --> 0:03:15.760 jurors chosen, and the judge saying we're way behind schedule. 0:03:16.200 --> 0:03:21.240 Jury selection resumes this morning, June Grosso, Bloomberg Radio, All right, June. 0:03:20.960 --> 0:03:21.240 Thank you. 0:03:21.320 --> 0:03:24.280 While Trump deals with those legal issues, President Biden's hitting 0:03:24.320 --> 0:03:27.480 the campaign trail in his childhood home state of Pennsylvania. 0:03:27.680 --> 0:03:30.120 The Biden campaign says the trip aims to highlight the 0:03:30.120 --> 0:03:33.440 differences between the president's tax and economic agenda and the 0:03:33.440 --> 0:03:36.400 policies of Trump, who oversaw tax cuts for the wealthy 0:03:36.440 --> 0:03:39.800 and corporations. Biden's three day trip includes a visit to 0:03:39.840 --> 0:03:43.440 Scranton and events in the Pittsburgh area, where Nippon Steele's 0:03:43.760 --> 0:03:47.880 deal to buy United States Steel has rankled union allies. 0:03:48.320 --> 0:03:51.560 The president will close out the trip Thursday in Philadelphia. 0:03:51.960 --> 0:03:52.120 Well. 0:03:52.120 --> 0:03:54.520 Turning to Wall Street Now Nathan. First quarter earnings for 0:03:54.520 --> 0:03:57.120 the nation's biggest banks wrap up later this morning with 0:03:57.200 --> 0:04:00.720 Bank of America and Morgan Stanley. Bloomberg's Jeff Ellinger has 0:04:00.760 --> 0:04:02.640 a look at what to expect for. 0:04:02.800 --> 0:04:06.360 Bank of America. A key number to watch net interest income, 0:04:06.440 --> 0:04:09.760 which alone is forecast to be about fourteen billion dollars, 0:04:09.920 --> 0:04:13.600 about two percent lower than a year ago. Consensus calls 0:04:13.640 --> 0:04:16.799 for total revenue of twenty five point forty three billion 0:04:17.040 --> 0:04:20.960 and adjusted earnings per share of seventy seven cents. As 0:04:21.000 --> 0:04:24.800 for Morgan Stanley, a jump in investment banking activity may 0:04:24.880 --> 0:04:28.400 help offset and expected pullback in earnings for the ninth 0:04:28.440 --> 0:04:31.919 quarter in a row, although the pace of declines likely slowed. 0:04:32.279 --> 0:04:35.920 Consensus calls for revenue of fourteen point forty six billion 0:04:36.160 --> 0:04:39.479 and adjusted earnings per share of a dollar sixty six. 0:04:40.000 --> 0:04:42.840 Jeff Bellinger, Bloomberg Radio, Jeff. 0:04:42.640 --> 0:04:45.440 Thank you well after another strong reading on retail sales. 0:04:45.440 --> 0:04:49.359 Another FED official says there's no rush to cut interest 0:04:49.480 --> 0:04:53.080 rates here. San Francisco FED President Mary Daily added event 0:04:53.120 --> 0:04:56.360 at the Stanford Institute for Economic Policy Research, the. 0:04:56.360 --> 0:04:59.120 Worst thing we can do right now is act urgently 0:04:59.160 --> 0:05:02.080 when urgent isn't necessary. You know, the policy is in 0:05:02.120 --> 0:05:04.360 a good place. We're in the ready position. We can 0:05:04.400 --> 0:05:08.000 respond as the economy evolved. The labor market's not and 0:05:08.120 --> 0:05:11.320 giving us any indication is faltering, and inflation is still 0:05:11.360 --> 0:05:13.880 above our target, and we need to be confident it 0:05:13.920 --> 0:05:16.719 is on path to come down to our target before 0:05:16.760 --> 0:05:18.760 we would feel the need and I would feel the 0:05:18.760 --> 0:05:20.360 need to react. 0:05:20.760 --> 0:05:24.360 San Francisco FED chief Mary Daily votes on monetary policy 0:05:24.400 --> 0:05:25.680 this year well. 0:05:25.680 --> 0:05:29.080 In Europe, Nathan Britain's unemployment rate rose unexpectedly to a 0:05:29.240 --> 0:05:32.200 six month high. We get more from a UK economic 0:05:32.240 --> 0:05:33.680 correspondent Lizzie Burden. 0:05:34.040 --> 0:05:38.240 Unemployment was expected to tick up, Actually it went from 0:05:38.279 --> 0:05:41.039 three point nine percent to four point two percent rather 0:05:41.080 --> 0:05:43.599 than just four percent. But on the other hand, you 0:05:43.680 --> 0:05:47.080 had average weekly earnings expected to tick down from six 0:05:47.120 --> 0:05:50.360 point one percent to five point eight percent. Actually they 0:05:50.400 --> 0:05:53.360 only went to six percent, so hotter than I expected. 0:05:53.560 --> 0:05:56.440 So it's mixed signals here. From the labor market. 0:05:56.160 --> 0:06:00.280 Data, Bloomberg's Lizzie Burden says the labor numbers come ahead 0:06:00.279 --> 0:06:02.800 of tomorrow's March reading on consumer prices. 0:06:02.880 --> 0:06:05.520 We got some new economic data out of Asia Karen 0:06:05.680 --> 0:06:09.080 China's economic growth beat expectations in the first quarter as 0:06:09.200 --> 0:06:13.599 factory output led the expansion. Bloomberg Daybreak Asia anchor Brian 0:06:13.680 --> 0:06:15.280 Curtis has more from Hong Kong. 0:06:15.680 --> 0:06:19.080 GDP rows five point three percent year on year. That's 0:06:19.160 --> 0:06:22.680 higher than the estimate of four point eight percent. In March, 0:06:22.760 --> 0:06:25.520 industrial production was up four and a half percent from 0:06:25.560 --> 0:06:29.240 a year earlier, versus a forecast of six percent. Retail 0:06:29.320 --> 0:06:32.320 sales rose three point one percent, missing an estimate of 0:06:32.360 --> 0:06:36.240 four point eight percent. China's recovery has been out of balance. 0:06:36.640 --> 0:06:40.400 Manufacturing holding up, but the property crisis is denting both 0:06:40.400 --> 0:06:44.799 household and business confidence in Hong Kong. Brian Curtis, Bloomberg Radio. 0:06:44.960 --> 0:06:50.120 All right, Brian, thank you, and it's time now for 0:06:50.160 --> 0:06:52.080 a look at some of the other stories making news 0:06:52.120 --> 0:06:53.600 in New York and around the world. 0:06:53.680 --> 0:06:56.159 And for that we're joined by A Bloomberg's John Tucker. John, 0:06:56.160 --> 0:06:59.480 Good Morning, Good Morning, Karen. New York finally has a budget. 0:06:59.480 --> 0:07:02.599 Deal exceeds two hundred and thirty three billion dollars, and 0:07:02.640 --> 0:07:05.359 sources to say it includes the most sweeping change in 0:07:05.440 --> 0:07:09.440 housing policy in years. Details in this report from Bloomberg's 0:07:09.520 --> 0:07:10.440 Charlie Peenllett. 0:07:10.600 --> 0:07:14.040 Those sources say the tentative spending plan includes a tax 0:07:14.080 --> 0:07:19.240 break for affordable housing construction, alongside new restrictions on evictions 0:07:19.280 --> 0:07:23.560 and rent increases for market rate renters. Details of the budget, 0:07:23.560 --> 0:07:26.400 which was originally due to April first, our subject to 0:07:26.480 --> 0:07:30.640 change before final approval. Soaring rents and upcoming elections are 0:07:30.720 --> 0:07:34.800 key factors driving state lawmakers to forge an agreement with 0:07:34.960 --> 0:07:38.440 Democratic Governor Kathy Hogel, A year after she failed to 0:07:38.520 --> 0:07:42.200 advance a proposal aimed at building eight hundred thousand new 0:07:42.240 --> 0:07:46.880 homes over a decade. In New York, Charlie Pellett Bloomberg. 0:07:46.520 --> 0:07:49.760 Radio House, Republicans who will want the articles of impeachment 0:07:49.760 --> 0:07:54.080 against Homeland Security Secretary Allejudro Maiorchis over to the Senate 0:07:54.120 --> 0:07:57.280 today It kicks off at trial in that chamber. Republicans 0:07:57.280 --> 0:08:01.160 accused my Orchis of mishandling the crisis at the southern border. 0:08:01.520 --> 0:08:04.560 Vice President Harris returning to the campaign trailed to underscore 0:08:04.560 --> 0:08:07.240 the stakes of the election. The Vice President, speaking in 0:08:07.320 --> 0:08:10.680 Las Vegas a week after the Arizona Supreme Court upheld 0:08:10.760 --> 0:08:13.560 an abortion ban from eighteen sixty four. 0:08:14.200 --> 0:08:16.120 What we are seeing in these states that we were 0:08:16.160 --> 0:08:21.440 talking about are Trump abortion bans, and he can't get 0:08:21.480 --> 0:08:22.120 away from that. 0:08:22.760 --> 0:08:25.280 In the wink of the Arizona Supreme Court decision, now 0:08:25.280 --> 0:08:28.880 California is bracing for an influx of women seeking abortion. 0:08:29.480 --> 0:08:32.040 The Supreme Court will weigh the legality of charges brought 0:08:32.080 --> 0:08:34.320 against hundreds of people in connection with the attack of 0:08:34.360 --> 0:08:37.680 the US capital. The question for the justices is whether 0:08:37.800 --> 0:08:41.000 law passed as part of the Sarbanes Oxley Financial reforms 0:08:41.400 --> 0:08:44.640 can be read to cover the January sixth riot. Hundreds 0:08:44.640 --> 0:08:47.840 of people, including Donald Trump, have been charge with obstructing 0:08:47.880 --> 0:08:51.120 and official proceeding. Global news twenty four hours a day 0:08:51.120 --> 0:08:53.559 and whenever you want it with Bloomberg News Now. I'm 0:08:53.600 --> 0:08:56.160 John Tucker. This he is Bloomberg, Nathan and Karen. 0:08:56.480 --> 0:09:03.079 Sorry, John, thank you, and it's time now for the 0:09:03.120 --> 0:09:05.600 Bloomberg Sports Update with John stas Shower. 0:09:05.720 --> 0:09:08.680 John, Good morning, Good morning, Caaren. A terrific regular season 0:09:08.760 --> 0:09:11.000 for the Rangers. Right from the start. They won eighteen 0:09:11.040 --> 0:09:12.719 of their first twenty three games. It ended at the 0:09:12.760 --> 0:09:14.880 Guard with a four to nothing shut out of Ottawa, 0:09:14.920 --> 0:09:17.160 and the Rangers finished with a club record one one 0:09:17.280 --> 0:09:20.200 hundred and fourteen points. That's the most in the NHL. 0:09:20.240 --> 0:09:22.839 Their first round opponent could still be one of four 0:09:22.880 --> 0:09:26.520 different teams Washington and Detroit at eighty nine points, Pittsburgh 0:09:26.520 --> 0:09:29.360 has eighty eight, Philadelphia eighty seven. With one game left, 0:09:29.640 --> 0:09:31.480 Islanders are in the playoffs fifth time in the last 0:09:31.480 --> 0:09:33.520 six years. They finished seven and one down the stretch, 0:09:33.559 --> 0:09:35.840 beat the Devils four to one. The Islanders will face 0:09:35.920 --> 0:09:39.360 Carolina in Round one. Bruins failed to clinch their division 0:09:39.440 --> 0:09:42.080 lost to nothing in Washington. The Mats, who began the 0:09:42.080 --> 0:09:44.000 season ze five and now eight and eight to come 0:09:44.040 --> 0:09:46.280 from behind sixty three win over the Pirates at City Field. 0:09:46.280 --> 0:09:49.400 The Mets allowed only three hits. Yankees had only four, 0:09:49.520 --> 0:09:52.199 so did the Blue Jays, but Toronto won three to one. 0:09:52.360 --> 0:09:55.040 Chris Bassett beat Louis Heal, the Yanks first two game 0:09:55.080 --> 0:09:57.680 losing streak of the season. The Big Yankee news the 0:09:57.800 --> 0:10:01.160 retirement effective immediately of John's early in the radio Voice 0:10:01.160 --> 0:10:03.680 of the Ink the last thirty six years. He's eighty five, 0:10:04.160 --> 0:10:07.040 says he's tired. He'll be honored at the stadium on Saturday. 0:10:07.320 --> 0:10:09.680 In Brooklyn, they held the WNBA Draft. Has there ever 0:10:09.720 --> 0:10:12.320 been any draft with less suspense over who the first 0:10:12.320 --> 0:10:15.480 pick will be? Caitlyn Clark headed to the Indiana Fever. 0:10:16.280 --> 0:10:18.240 All this has come with just the person that I've 0:10:18.559 --> 0:10:20.200 i am and the player that I've been able to be, 0:10:20.320 --> 0:10:23.439 And that's exactly how you want to go into the WNBAS. 0:10:23.480 --> 0:10:26.400 Don't change anything that I've done, obviously learn it's at 0:10:27.280 --> 0:10:30.120 finding ways to get better. You know, people are going 0:10:30.200 --> 0:10:32.560 to expose my weaknesses. But that's an amazing thing about it. 0:10:32.559 --> 0:10:33.760 That's the challenge that I wanted. 0:10:33.800 --> 0:10:37.000 The WNBA announced they not only is San Francisco getting 0:10:37.000 --> 0:10:38.679 the team next season, they hope to add three more 0:10:38.720 --> 0:10:42.360 expansion teams by twenty twenty eight. Offseason workouts with the 0:10:42.400 --> 0:10:44.760 Giants and Daniel Jones says he'll be ready for the 0:10:44.760 --> 0:10:47.280 start of training camp back to the torny ACL. He 0:10:47.320 --> 0:10:49.880 also says he's not concerned that the Giants might draft 0:10:49.920 --> 0:10:53.000 a quarterback. Two weeks some Thursday, Giants had the sixth pick. 0:10:53.280 --> 0:10:56.120 John Stashedware Bloomberg Sports, Karen Nathan all. 0:10:56.080 --> 0:10:59.040 Right, John, thank you, SMP. Futures that'll change now. So 0:10:59.080 --> 0:11:01.360 we're a NASDAK yours down. Feutures down to tenth of 0:11:01.360 --> 0:11:04.240 a percent or forty points, and the ten year treasury 0:11:04.320 --> 0:11:06.400 yield is that four point sixty four percent. 0:11:08.720 --> 0:11:13.120 Coast to coast on Bloomberg Radio, nationwide on Sirius XM, and. 0:11:13.120 --> 0:11:16.439 Around the world on Bloomberg dot Com and the Bloomberg 0:11:16.480 --> 0:11:20.800 Business app. This is Bloomberg Daybreak. Good morning. 0:11:20.840 --> 0:11:24.440 I'm Nathan Hager. The world is waiting for Israel's response 0:11:24.520 --> 0:11:27.959 to Iran's weekend drone and missile attack, even as Allies 0:11:28.080 --> 0:11:30.839 ramp up their calls for restraint and avoiding the kind 0:11:30.880 --> 0:11:33.760 of tit for tet response that could spiral into a 0:11:33.800 --> 0:11:37.000 wider conflict in the Middle East. For more, Bloomberg Israel 0:11:37.040 --> 0:11:40.880 Bureau chief Ethan Bronner is back with us from Tel Aviv. Ethan, 0:11:41.000 --> 0:11:44.560 good morning. We're hearing Israeli military officials say they have 0:11:44.720 --> 0:11:48.520 no choice but to respond. What is the appetite in 0:11:48.840 --> 0:11:50.800 Israel for a counter attack. 0:11:52.920 --> 0:11:55.640 It's a bit diffuse. I mean, they actually published a 0:11:55.679 --> 0:11:59.079 poll on one of the Channel TV channels this morning 0:11:59.360 --> 0:12:02.200 showing that it's about a third to third to third, 0:12:02.400 --> 0:12:05.640 meaning do it right now, do it later, don't do it. 0:12:06.040 --> 0:12:10.000 So it's not like there's some overwhelming public pressure for 0:12:10.440 --> 0:12:15.440 a response. I think that a lot of Israelis were 0:12:15.520 --> 0:12:20.360 grateful for the cooperation the United States, UK and France 0:12:20.400 --> 0:12:25.280 and even some Arab neighbors gave in stopping that big 0:12:25.320 --> 0:12:29.200 attack on Saturday night. And they've kind of been in 0:12:29.280 --> 0:12:31.960 the doghouse in terms of how the world has seen 0:12:32.000 --> 0:12:34.440 them because of their war in Gaza, and I think 0:12:34.520 --> 0:12:38.800 that that has been satisfying to be embraced again and 0:12:38.840 --> 0:12:42.880 to see the coalition as the way forward. But you know, 0:12:42.960 --> 0:12:46.280 at the same time, they do worry this was the 0:12:46.320 --> 0:12:50.040 first time that Iran has ever shot from its own 0:12:50.320 --> 0:12:54.840 soil at Israel, and the sense that if you don't 0:12:54.840 --> 0:12:59.080 respond that somehow you're telling them you're weak. So that's 0:12:59.160 --> 0:13:02.000 kind of the debate that's going on all day, all 0:13:02.080 --> 0:13:04.280 night here, and I don't know how it's going to 0:13:04.640 --> 0:13:06.040 sort itself out now. 0:13:06.040 --> 0:13:09.160 Of course, the debate that allies are trying to add 0:13:09.240 --> 0:13:13.040 to this is that cooler heads should prevail. We've heard 0:13:13.080 --> 0:13:17.640 from the White House saying that Netanyahu should quote take 0:13:17.679 --> 0:13:21.920 the win. How much is that playing into this, Well, 0:13:21.960 --> 0:13:22.360 I think. 0:13:22.240 --> 0:13:24.679 It is playing into it. I mean, I don't think 0:13:24.679 --> 0:13:28.000 it's unimportant. I think that as I say that, the 0:13:28.080 --> 0:13:31.679 sense that the United States is back again embracing the 0:13:32.120 --> 0:13:36.480 Israel and sharing in its defense needs and so on 0:13:36.600 --> 0:13:39.480 is important to people. It's the most important alliance that 0:13:39.520 --> 0:13:40.559 this country has. 0:13:41.160 --> 0:13:42.400 But you know, there's this kind. 0:13:42.280 --> 0:13:44.680 Of old debate here, which is do we want to 0:13:44.720 --> 0:13:47.880 be loved by our friends or feared by our enemies. 0:13:47.920 --> 0:13:51.000 If we have to choose, we'll choose feared by our enemies. Now, 0:13:51.000 --> 0:13:54.960 the remaining question is is hitting back the best way 0:13:55.320 --> 0:13:57.840 to be feared? And I think that's part of the debate. 0:13:57.559 --> 0:14:02.319 Too interesting We've also heard from Israeli military officials who've 0:14:02.559 --> 0:14:05.839 spoken to Bloomberg Radio saying that they've presented another a 0:14:05.960 --> 0:14:10.560 number of options to the war cabinet. What could a 0:14:10.600 --> 0:14:13.720 potential Israeli response look like at this point? 0:14:15.040 --> 0:14:17.760 Well, I mean, there are all these range of options, 0:14:17.840 --> 0:14:21.840 right from doing nothing to shall we say, some kind 0:14:21.840 --> 0:14:25.040 of a quote unquote soft attack like a cyber attack. 0:14:25.560 --> 0:14:30.560 Then maybe a hit upon a military facility somewhere, or 0:14:30.600 --> 0:14:36.040 a hit upon facilities belonging to proxies e. Lebanon or 0:14:36.160 --> 0:14:40.080 Syria or Iraq. Those are rather than, of course, you know, 0:14:40.800 --> 0:14:44.280 an assassination of some kind or indeed some kind of 0:14:44.320 --> 0:14:49.640 attack on their nuclear facilities, which seems rather exceptionally unlikely. 0:14:49.760 --> 0:14:53.360 But you know, those are the ranges. So and all 0:14:53.440 --> 0:14:55.520 that's being debated, and. 0:14:55.440 --> 0:14:58.600 The US has said that it won't support Israel when 0:14:58.640 --> 0:15:02.760 it comes to a direct counter attack. Among those options. 0:15:02.880 --> 0:15:05.160 Is there a sense within the war cabinet that there 0:15:05.200 --> 0:15:08.920 are options that the US and its allies would get behind. 0:15:10.280 --> 0:15:12.800 There probably is, but they haven't shared it with me, 0:15:12.920 --> 0:15:15.680 and I've been trying to find out. My sense is 0:15:16.360 --> 0:15:20.680 that they do want to not cross the US in 0:15:20.760 --> 0:15:23.000 what they do. They want it to be seen as 0:15:23.000 --> 0:15:27.760 something that the US can accept and permit, and so 0:15:28.280 --> 0:15:30.800 that's where they're going through that. I think, you know, 0:15:30.840 --> 0:15:32.920 if there were a cyber attack, if there were an 0:15:32.920 --> 0:15:36.800 attack on proxies or something, you know, I'm assuming that 0:15:38.040 --> 0:15:41.600 the Americans would not necessarily say absolutely no way, But 0:15:41.720 --> 0:15:45.400 I don't know. You know, those are debates that are 0:15:45.400 --> 0:15:47.320 going on at a very high level, and I think 0:15:47.360 --> 0:15:50.000 that there's probably a great deal of uncertainty in the 0:15:50.120 --> 0:15:53.840 US administration and in the Israeli government about what should 0:15:53.960 --> 0:15:55.040 or what could happen. 0:15:55.960 --> 0:15:59.000 This is Bloomberg Daybreak Today, your morning brief on the 0:15:59.040 --> 0:16:02.480 story's making news from Wall Street to Washington and beyond. 0:16:02.760 --> 0:16:05.520 Look for us on your podcast feed at six am 0:16:05.600 --> 0:16:09.240 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:09.320 --> 0:16:10.440 get your podcasts. 0:16:10.600 --> 0:16:13.320 You can also listen live each morning starting at five 0:16:13.360 --> 0:16:15.920 am Wall Street time, on Bloomberg eleven three to zero 0:16:16.000 --> 0:16:18.880 in New York, Bloomberg ninety nine to one in Washington, 0:16:18.960 --> 0:16:21.840 Bloomberg one oh six to one in Boston, and Bloomberg 0:16:21.880 --> 0:16:23.600 ninety sixty in San Francisco. 0:16:23.960 --> 0:16:27.120 Our flagship New York station is also available on your 0:16:27.160 --> 0:16:32.600 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. 0:16:32.640 --> 0:16:36.040 Listen coast to coast on the Bloomberg Business app, SERIUSXM, 0:16:36.160 --> 0:16:40.440 the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager. 0:16:40.200 --> 0:16:41.360 And I'm Karen Moscow. 0:16:41.560 --> 0:16:44.320 Join us again tomorrow morning for all the news you 0:16:44.440 --> 0:16:47.680 need to start your day right here on Bloomberg Daybreak. 0:17:00.800 --> 0:17:01.520 He then me