World Waits for Trump-Putin Talks; Israel Ends Gaza Truce

Bloomberg Audio Studios, Podcasts, radio News. 0:00:10.240 --> 0:00:13.440 Good morning, I'm Nathan Hager and I'm Karen Moscow. Here 0:00:13.440 --> 0:00:15.200 are the stories we're following today. 0:00:15.560 --> 0:00:17.680 Karen, we begin this morning with the latest on the 0:00:17.680 --> 0:00:20.880 war in Ukraine. President Donald Trump is expected to speak 0:00:20.920 --> 0:00:23.040 today with Russia's Vladimir Putin. 0:00:23.400 --> 0:00:25.640 The US is pressing for Russia. 0:00:25.280 --> 0:00:27.880 To agree to a thirty day ceasefire that Ukraine has 0:00:27.920 --> 0:00:31.159 said it's ready to accept. However, Putin has insisted on 0:00:31.200 --> 0:00:34.680 a number of conditions before committing to any truth. Speaking 0:00:34.680 --> 0:00:37.640 to reporters, President Trump sounded a positive note on the 0:00:37.680 --> 0:00:38.760 prospects for the call. 0:00:39.240 --> 0:00:42.080 It's a band situation in Russia and it's a band 0:00:42.200 --> 0:00:45.920 situation in Ukraine. What's happening in Ukraine is not good. 0:00:46.120 --> 0:00:47.800 But we're going to see if we can work. 0:00:47.640 --> 0:00:50.760 A peace agreement to ceasefire and peace, and. 0:00:50.720 --> 0:00:51.680 I think we'll be able to do. 0:00:52.400 --> 0:00:55.280 The news website Semaphore is reporting that the White House 0:00:55.320 --> 0:00:59.920 is considering recognizing Crimea as Russian territory in a future agreement. 0:01:00.680 --> 0:01:03.400 Well, Nathan Trump has already spark concerns that he may 0:01:03.560 --> 0:01:07.039 sacrifice Kiev's interest in a deal after his comments over 0:01:07.080 --> 0:01:09.800 the weekend that the US and Moscow are already talking 0:01:09.840 --> 0:01:13.200 about quote, dividing up certain assets. Julie Norman is a 0:01:13.200 --> 0:01:15.319 professor at University College London. 0:01:15.560 --> 0:01:19.800 Obviously there's this discussion now of a thirty day ceasefire. 0:01:20.360 --> 0:01:24.240 Ukraine has agreed to it. Putin has not said no, 0:01:24.319 --> 0:01:26.440 but has certainly said there are going to be major 0:01:26.440 --> 0:01:29.240 conditions and things he wants to discuss. We heard from 0:01:29.280 --> 0:01:32.000 Trump's envoy over the weekend that they're moving closer to 0:01:32.040 --> 0:01:34.800 some kinds of agreement. But I think what's really going 0:01:34.840 --> 0:01:37.199 to be on the table is what does Putin actually 0:01:37.200 --> 0:01:39.840 want and how willing is Trump to essentially give it 0:01:39.880 --> 0:01:40.360 to him. 0:01:40.840 --> 0:01:44.360 University College London professor Julie Norman and European leaders so 0:01:44.440 --> 0:01:47.000 made no secret of their concern that Trump maken seat 0:01:47.080 --> 0:01:50.200 on points that could weaken both Ukraine and Europe security 0:01:50.520 --> 0:01:52.960 in a one on one exchange with Putin. 0:01:52.800 --> 0:01:56.000 And along with that exchange, Karen President Trump says Chinese 0:01:56.120 --> 0:01:59.440 President Shei Jinping will visit Washington in the not too 0:01:59.440 --> 0:02:02.480 distant few mature. The Wall Street Journal has reported US 0:02:02.520 --> 0:02:05.639 and Chinese officials they are discussing a possible birthday summit 0:02:05.680 --> 0:02:07.760 between the two leaders in June. 0:02:07.520 --> 0:02:09.800 Talks are currently stuck at low levels. 0:02:09.919 --> 0:02:12.320 China has said it hasn't gotten clear steps on what 0:02:12.440 --> 0:02:14.799 to do about fentanyl to have tariffs lifted. 0:02:15.520 --> 0:02:17.440 Well, Nathan, we have new developments in the war in 0:02:17.480 --> 0:02:19.919 the Middle Aged. Israel has launched a series of air 0:02:19.960 --> 0:02:23.839 strikes on Gaza, effectively ending a nearly two month ceasefire. 0:02:24.200 --> 0:02:27.280 Israeli Prime Minister Benjamin Etaniell, who says his government will 0:02:27.320 --> 0:02:31.080 go after Hamas with increasing military strength for failing to 0:02:31.120 --> 0:02:34.959 release the remaining hostages. We get more from Bloomberg's Dan 0:02:35.040 --> 0:02:36.359 Williams in Jerusalem. 0:02:36.639 --> 0:02:40.400 Really, this resumption of fighting was just a matter of time. 0:02:40.840 --> 0:02:43.600 There may be an element of tactical surprise here. Indeed, 0:02:44.400 --> 0:02:48.519 israel Is really public opinion was largely diverted in recent 0:02:48.600 --> 0:02:52.160 hours by internal discussions about the fate of Israel's shinn't 0:02:52.160 --> 0:02:55.960 Bet security chief, his termination. It could be that discussion 0:02:56.040 --> 0:02:58.240 was actually meant to provide a smoke screen for the 0:02:58.280 --> 0:03:00.519 resumption of these Israeli. 0:02:59.680 --> 0:03:03.560 A Bloomers Dan Williams reports Hamas still holds about sixty 0:03:03.600 --> 0:03:06.720 Israeli hostages. Hamasas more than three hundred people have been 0:03:06.800 --> 0:03:09.440 killed or are missing in the air strikes. 0:03:09.000 --> 0:03:11.600 And the rising tensions in the Middle East have oil 0:03:11.760 --> 0:03:14.720 on the rise for a third straight day. Karen Right now, 0:03:14.840 --> 0:03:18.320 Nymex Crewed is up one point two percent, trading at 0:03:18.360 --> 0:03:21.040 sixty eight dollars forty one cents per barrel. As for 0:03:21.080 --> 0:03:25.000 equity markets, futures are modestly lower after two straight days 0:03:25.000 --> 0:03:27.600 of games on Wall Street. More than ninety percent of 0:03:27.600 --> 0:03:30.160 the companies in the sm P five hundred rows yesterday. 0:03:30.520 --> 0:03:34.079 Phil Orlando is chief equity market strategists at Federated Hermes. 0:03:34.360 --> 0:03:39.320 It's your long term investor. I couldn't disagree with you 0:03:39.360 --> 0:03:42.720 starting to nibble here, but in terms of getting an 0:03:42.800 --> 0:03:48.640 all out, full blown market capitulation signal, I don't know 0:03:48.720 --> 0:03:50.200 that we're quite there just yet. 0:03:50.320 --> 0:03:54.280 Infederated Hermi's equity strategist fil Orlando notes the Magnificent Seven 0:03:54.400 --> 0:03:57.280 did not participate in the comeback. A gauge of those 0:03:57.400 --> 0:03:59.760 megacaps fell one point one percent. 0:04:00.400 --> 0:04:02.320 Well. Nathan, one of the mag Seven, will be in 0:04:02.360 --> 0:04:05.920 focus today, and Video CEO Jensen Wong is expected to 0:04:06.000 --> 0:04:09.920 unveil more about the firm's next generation AI ships at 0:04:09.960 --> 0:04:13.800 its annual Developers conference in Bloomberg's Tom Busby has more. 0:04:13.960 --> 0:04:18.000 At today's annual GPU Technology Conference, CEO Hu Wog is 0:04:18.040 --> 0:04:21.919 expected to update developers, shareholders, analysts, employees, and others on 0:04:22.000 --> 0:04:26.480 the company's next generation Blackwell Ultra AI chip, promising in 0:04:26.560 --> 0:04:31.000 February quote some really exciting things to share. Also expected 0:04:31.040 --> 0:04:34.760 comments on gross margins, China, competitors, and growth now. This 0:04:34.839 --> 0:04:37.360 address comes at a critical time for Video, which has 0:04:37.360 --> 0:04:40.400 seen at share price fall about eleven percent so far 0:04:40.480 --> 0:04:44.360 this year, amid fears that the AI boom may have peaked, at. 0:04:44.320 --> 0:04:47.360 Least for now. Tom busby Bloomberg Radio. 0:04:47.160 --> 0:04:49.400 All right, Tom, thanks and other tech news this morning, 0:04:49.440 --> 0:04:52.359 Bloomberg News has learned alphabets and talks to purchase cloud 0:04:52.400 --> 0:04:56.080 security company Whiz for thirty three billion dollars. The deal 0:04:56.120 --> 0:04:59.039 would be the Google parents largest acquisition to date and 0:04:59.040 --> 0:05:01.560 could help it catch up with Microsoft and Amazon in 0:05:01.600 --> 0:05:04.520 the competitive cloud computing market well in Asia. 0:05:04.640 --> 0:05:07.480 A Nathan consumer sentiment on the rise in China and 0:05:07.520 --> 0:05:10.320 a new survey by Deutsche Bank, fifty four percent of 0:05:10.360 --> 0:05:13.440 respondents say they feel financially better off than a year ago. 0:05:13.520 --> 0:05:15.640 That's up from forty four percent on average in twenty 0:05:15.680 --> 0:05:19.440 twenty four. Sixty percent of respondents anticipate an income increase 0:05:19.480 --> 0:05:20.240 in the year ahead. 0:05:20.400 --> 0:05:22.760 Well back here in the US, Karen, federal agencies say 0:05:22.760 --> 0:05:28.160 they fired nearly twenty five thousand probationary employees since inauguration Day. 0:05:28.240 --> 0:05:30.640 Let's get the latest done that with Bloomberg's John Tucker. 0:05:30.720 --> 0:05:32.159 John, Good morning, Nathan. 0:05:32.200 --> 0:05:35.200 These figures actually come from the Trump administration after they 0:05:35.240 --> 0:05:38.680 were demanded by a judge. It's the fullest accounting yet 0:05:38.720 --> 0:05:42.280 of cuts in the federal workforce. The Treasury Department fired 0:05:42.279 --> 0:05:45.920 the largest percent of its workforce at seven percent. That's 0:05:45.960 --> 0:05:49.960 about seventy six hundred employees. Agriculture fired six percent of 0:05:50.000 --> 0:05:53.920 its employees. The abrupt firings led to lawsuits in California 0:05:53.920 --> 0:05:57.000 and Maryland to judges ordered to slew of agencies to 0:05:57.120 --> 0:06:01.960 temporarily reinstate the employees. The Trumpet administration is appealing those rulings. 0:06:02.160 --> 0:06:03.679 I'm John Tucker, Bloomberg Radio. 0:06:04.040 --> 0:06:06.520 All right, John, thank you. Well, elsewhere in Washington, the 0:06:06.640 --> 0:06:10.320 latest move by President Trump's government cost cutting drive has 0:06:10.360 --> 0:06:13.599 gotten the police involved. The US Institute a piece says 0:06:13.880 --> 0:06:17.360 staffers with elon must Department of Government Efficiency forced their 0:06:17.400 --> 0:06:19.800 way into the building last night. That led to a 0:06:19.839 --> 0:06:22.919 standoff between the Institute's acting president, George Moose, and the 0:06:22.960 --> 0:06:26.320 man that Trump administration wants to replace him with, Kenneth Jackson. 0:06:26.720 --> 0:06:28.680 Moose says he's backing down for now. 0:06:29.120 --> 0:06:31.760 DC police showed up at my office and said it's 0:06:31.800 --> 0:06:34.400 time for you to go. And I didn't think, given 0:06:34.760 --> 0:06:38.359 who they are and what they have at their disposal, 0:06:38.440 --> 0:06:40.400 that had made a whole lot of sense for us 0:06:40.440 --> 0:06:43.200 to put anybody in Tarn's way by resisting. 0:06:43.600 --> 0:06:46.080 Georgia Moose says the US Institute of Peace is not 0:06:46.240 --> 0:06:49.560 a government agency, but an independent nonprofit that receives its 0:06:49.560 --> 0:06:51.680 funding directly from Congress and Karen. 0:06:51.760 --> 0:06:55.839 After nine long months, two NASA astronauts are finally leaving 0:06:55.920 --> 0:06:57.919 the International Space Station on. 0:06:58.080 --> 0:07:02.240 Dock and confirmed is free of its moorings. Sonny Williams 0:07:02.279 --> 0:07:04.640 and Butch Wilmore began their the latest trip. 0:07:04.440 --> 0:07:08.080 Home mission controlling Houston captured the moment the SpaceX Dragon 0:07:08.120 --> 0:07:10.520 capsule left the station early this morning. It is now 0:07:10.600 --> 0:07:12.880 due to splash down along the Florida coast around six 0:07:12.880 --> 0:07:15.920 o'clock this evening Wall Street time. Butch Wellmore and Sunny 0:07:15.960 --> 0:07:18.880 Williams were only supposed to stand the station for eight days. 0:07:18.920 --> 0:07:21.440 Back in June, but NASA decided to bring them home 0:07:21.480 --> 0:07:25.240 on SpaceX in August. That's because of technical issues on 0:07:25.280 --> 0:07:29.000 the Boeing spacecrafts that brought them there. 0:07:30.960 --> 0:07:32.240 And it's time now for a look at some of 0:07:32.240 --> 0:07:34.880 their stories making news in New York and around the world. 0:07:34.920 --> 0:07:37.720 And for that we're joined by Bloomberg's Michael Barr. Michael, 0:07:37.720 --> 0:07:38.760 good morning, Good. 0:07:38.520 --> 0:07:40.920 Morning, Karen. There was a problem with a Delta flight 0:07:41.080 --> 0:07:44.320 at LaGuardia Airport in New York City and investigation is 0:07:44.400 --> 0:07:47.800 underway after the wing of the Delta jet clipped the 0:07:47.920 --> 0:07:50.960 runway as it was landing. The plane, with eighty people 0:07:51.000 --> 0:07:54.520 on board, was arriving Sunday night from Jacksonville. The pilots 0:07:54.560 --> 0:07:58.240 executed to go around and landed safely. A federal judge 0:07:58.280 --> 0:08:01.480 is pressing Justice Department lawyer on whether the Trump administration 0:08:01.680 --> 0:08:05.160 violated his order concerning the deportation of a group of 0:08:05.240 --> 0:08:09.680 Venezuelan migrants being removed under the Alien Enemies Act of 0:08:09.720 --> 0:08:13.119 wartime law. The judge had told the administration to hold 0:08:13.120 --> 0:08:16.480 off on the deportation, but the migrants were deported anyway. 0:08:16.840 --> 0:08:19.200 Deputy White House Staff Stephen Miller. 0:08:18.960 --> 0:08:21.600 The President is operating at the APEX of his authority 0:08:21.920 --> 0:08:25.600 when you were dealing with questions of invasion and questions 0:08:25.640 --> 0:08:29.520 of alien enemy infiltration, as well as the expulsion of 0:08:29.920 --> 0:08:33.000 terrorist illegal aliens from the country. 0:08:33.240 --> 0:08:37.240 However, Yale Law School professor Harold co said, in this case, 0:08:37.280 --> 0:08:39.800 invoking the Alien Enemies Act is illegal. 0:08:40.160 --> 0:08:44.400 It's a blatantly illegal invocation of that statute to send 0:08:44.480 --> 0:08:45.400 these people abroad. 0:08:45.840 --> 0:08:49.240 Senate Democratic leader Chuck Schumer is postponing several planned events 0:08:49.280 --> 0:08:52.719 this week to promote his new book over security concerns. 0:08:53.120 --> 0:08:56.040 It came after criticism from the party's liberal base over 0:08:56.080 --> 0:09:00.240 Schumer's vote to move forward with GOP spending legislation last week. 0:09:00.520 --> 0:09:03.080 Global News twenty four hours a day and whenever you 0:09:03.120 --> 0:09:05.760 want it with the Bloomberg News Now, Michael Barn, this 0:09:05.880 --> 0:09:07.280 is Bloomberg here all right. 0:09:07.160 --> 0:09:14.640 Michael Barr, thank you time now for the Bloomberg Sports update, 0:09:14.679 --> 0:09:17.640 brought to you by Try State Outy. Here's John Stashower. 0:09:17.760 --> 0:09:18.920 John, good morning, Good morning. 0:09:18.960 --> 0:09:20.839 Hearing the Knicks back home. They were away from the 0:09:20.880 --> 0:09:23.880 Garden for eleven days. Plays five games during that trip, 0:09:23.960 --> 0:09:26.360 during which time they lost Jalen Brunson. He's gonna miss 0:09:26.400 --> 0:09:29.000 likely another couple of weeks. Miami led early on twelve 0:09:29.120 --> 0:09:31.760 to nothing. Knicks came back in the second quarter. They 0:09:31.800 --> 0:09:34.360 had a fifteen to nothing run with Karl Anthony Town 0:09:34.400 --> 0:09:37.640 scoring all fifteen, then the next one the third quarter 0:09:38.200 --> 0:09:41.200 forty one to fifteen, their most lopsided corner of the season. 0:09:41.240 --> 0:09:44.120 They beat the Heat won sixteen ninety five. Mchal Bridges 0:09:44.160 --> 0:09:46.600 scored twenty eight points. Josh Hart had his eighth triple 0:09:46.640 --> 0:09:48.880 double of the season. The Devils won two to one 0:09:48.920 --> 0:09:51.600 at Columbus that helps the Rangers. The Blue Jackets one 0:09:51.600 --> 0:09:53.720 of the teams the Rangers are vine with for a 0:09:53.720 --> 0:09:54.439 playoff spot. 0:09:54.440 --> 0:09:55.600 The Rangers are at the Garden. 0:09:55.440 --> 0:09:59.040 Tonight against Calgary and CAA tournament begins tonight as always 0:09:59.080 --> 0:10:02.000 in Dayton, with two first four games, two more there 0:10:02.040 --> 0:10:05.559 tomorrow before the Attorney begins in Earnest on Thursday. 0:10:05.559 --> 0:10:07.640 In Tokyo this morning, two. 0:10:07.520 --> 0:10:10.120 Japanese pitchers on the mat as the Dodgers and Cubs 0:10:10.120 --> 0:10:13.280 play the first regular season game of twenty twenty five. 0:10:13.480 --> 0:10:17.400 Yoshinobu Yamamoto for the defending world champion Dodgers showed to 0:10:17.480 --> 0:10:20.400 Imanaga for the Cubs. Shoe a Otani will be dh 0:10:20.760 --> 0:10:23.000 JJ Spondut is t shot on a. 0:10:23.080 --> 0:10:24.320 Seventeenth hole into the water. 0:10:24.400 --> 0:10:26.760 That was all Rory McElroy needed to win the Players 0:10:26.840 --> 0:10:28.360 Championship in a playoff. 0:10:28.559 --> 0:10:30.920 Jon Stanhanwick, Bloomberg Sports Kary Nathan. 0:10:33.040 --> 0:10:37.240 Coast to Coast on Bloomberg Radio nationwide on Sirius XM, 0:10:37.360 --> 0:10:40.200 and around the world on Bloomberg dot Com and the 0:10:40.240 --> 0:10:43.360 Bloomberg Business app. This is Bloomberg Daybreak. 0:10:43.480 --> 0:10:44.960 Good morning. I'm Nathan Hager. 0:10:45.000 --> 0:10:48.080 On the morning President Trump is scheduled to speak with 0:10:48.360 --> 0:10:52.680 Russian President Vladimir Putin. The US President is sounding hopeful 0:10:52.720 --> 0:10:55.680 Russia will agree to a ceasefire with Ukraine today. 0:10:56.040 --> 0:10:57.520 We're gonna have a very important call. 0:10:57.640 --> 0:11:01.840 You know, We've had calls getting down to a very 0:11:01.920 --> 0:11:06.000 critical stage and we want to get the whole Russia 0:11:06.080 --> 0:11:08.960 Ukraine thing done. 0:11:09.040 --> 0:11:10.880 But there are questions about what the President will do 0:11:10.920 --> 0:11:13.599 when it comes to the conditions Russia wants before it 0:11:13.640 --> 0:11:16.840 will stop the fighting for more. We're joined by Tina Fordham, 0:11:16.880 --> 0:11:20.480 founder of Fordham Global Foresight. Good morning, Tina, to put 0:11:20.480 --> 0:11:22.880 it in President Trump's words, what are the chances that 0:11:22.920 --> 0:11:25.320 the Russia Ukraine thing gets done today? 0:11:25.440 --> 0:11:27.920 Good morning, Good morning. 0:11:29.040 --> 0:11:32.760 I think that chances are slim in fact, despite the 0:11:32.760 --> 0:11:36.920 President's optimism, we can see the seeds and what a 0:11:37.240 --> 0:11:41.400 likely response is from Vladimir Putin in that it tends 0:11:41.440 --> 0:11:44.720 to be something like yes, but yes, we're happy for 0:11:45.120 --> 0:11:50.120 a ceasefire, but followed by a list of conditions which 0:11:50.160 --> 0:11:52.599 are unlikely to be acceptable. 0:11:53.520 --> 0:11:55.960 Some of those conditions, it sounds as though President Trump 0:11:56.040 --> 0:11:59.640 has been alluding to already talking about dividing land, dividing 0:11:59.720 --> 0:12:01.840 power plants. What does that tell you. 0:12:03.200 --> 0:12:07.400 Well, first of all, this is extraordinary, it suggests in 0:12:07.480 --> 0:12:11.000 more than suggests, it highlights the extent to which the 0:12:11.120 --> 0:12:15.920 White House position is very closely aligned with that of 0:12:15.960 --> 0:12:21.000 the Kremlin. And that's a reversal, of course of US policy, 0:12:22.120 --> 0:12:26.240 not just since the full scale invasion of Ukraine by Russia, 0:12:26.320 --> 0:12:31.240 but going back to the Maidan. So this should be worrying, 0:12:31.360 --> 0:12:34.679 not just for anyone concerned about Russia and Ukraine, but 0:12:34.800 --> 0:12:41.400 indeed for wider European security, and China and other powers 0:12:41.400 --> 0:12:42.600 will be taking note. 0:12:43.400 --> 0:12:47.360 Are you suggesting that the President is putting himself at 0:12:47.720 --> 0:12:52.160 complete cross purposes with Europe in an alignment with Russia 0:12:52.280 --> 0:12:55.600 as Europe tries to assemble what it's been calling a 0:12:55.640 --> 0:12:58.640 coalition of the willing to support Ukraine. 0:13:00.040 --> 0:13:03.760 I think that Europe is being very pragmatic in this 0:13:03.880 --> 0:13:08.560 moment in terms of trying to develop a peacekeeping force 0:13:09.400 --> 0:13:13.160 that could indeed keep the peace on whatever terms are agreed, 0:13:13.320 --> 0:13:19.840 which look likely to include significant concessions by Ukraine on territory. 0:13:20.240 --> 0:13:22.599 But here is where you don't have to be a 0:13:23.760 --> 0:13:28.920 close student of history to recall that Vladimir Putin never 0:13:29.080 --> 0:13:33.040 met an agreement that he didn't eventually violate. So, to 0:13:33.200 --> 0:13:37.000 my mind, as a Russia watcher of thirty years standing, 0:13:37.360 --> 0:13:40.400 it's only a matter of time before the ceasefire is violated, 0:13:40.440 --> 0:13:44.240 and that's where anticipation of the so called Putin trade 0:13:44.280 --> 0:13:47.679 may be running a bit faster than the peace process. 0:13:48.360 --> 0:13:51.480 Do you see any aspect of the agreement that the 0:13:51.600 --> 0:13:56.720 US reached with Ukraine that supports Ukraine in terms of 0:13:56.760 --> 0:14:00.880 what the President might be willing to provide following these 0:14:00.920 --> 0:14:05.240 talks today with Russia's Putin, Well, from what. 0:14:05.160 --> 0:14:10.120 I recall, what the President has suggested is that the 0:14:10.760 --> 0:14:15.120 agreement on a rare earth minerals deal would be a 0:14:15.200 --> 0:14:19.200 de facto security agreement for Ukraine because there would be 0:14:19.320 --> 0:14:23.080 US personnel, And the suggestion from President Trump is that 0:14:23.520 --> 0:14:27.720 Russia wouldn't dare to attack with that in place. I'm 0:14:27.720 --> 0:14:30.720 not sure that that holds up to scrutiny, and it 0:14:30.760 --> 0:14:34.240 certainly wouldn't be consistent with any other kind of post 0:14:34.320 --> 0:14:41.720 conflict settlement. A bad piece really is worse than no peace. 0:14:43.160 --> 0:14:46.400 And while the President is pushing for this at least 0:14:46.400 --> 0:14:49.480 temporary piece between Russia and Ukraine, it looks like the 0:14:49.520 --> 0:14:53.200 truce between Israel and Hummas after nearly two months, is 0:14:53.720 --> 0:14:57.080 shattered at this point, with Israel mounting multiple air strikes 0:14:57.120 --> 0:14:59.440 on Humas in Gaza, what is it going to take 0:14:59.560 --> 0:15:02.520 to get that process back on track. 0:15:04.600 --> 0:15:09.680 Well, the attacks in Gaza, or the resumption of attacks 0:15:09.680 --> 0:15:13.440 in Gaza, of course, follow some pretty serious round of 0:15:13.960 --> 0:15:17.520 US led strikes against Huti rebels in the Red Sea, 0:15:17.640 --> 0:15:22.560 so we've had several days of bombardment following the end 0:15:22.760 --> 0:15:27.360 of the ceasefire agreement. And all of this suggests that 0:15:27.640 --> 0:15:32.040 Israel will be able to continue to press its war 0:15:32.200 --> 0:15:38.160 aims when it comes to the situation in Gaza, and 0:15:38.200 --> 0:15:40.760 that it has US backing. 0:15:40.520 --> 0:15:41.480 To do so. 0:15:41.920 --> 0:15:45.360 And then don't forget that on truth social President Trump 0:15:45.440 --> 0:15:51.920 has also issued some pretty serious threats to Iran and Iran, 0:15:51.960 --> 0:15:57.240 the Houthi rebels and Palestinian support is what the US 0:15:57.440 --> 0:16:00.200 is backing Israel against. 0:16:00.600 --> 0:16:02.120 No just thirty seconds left, Tin. 0:16:02.240 --> 0:16:04.840 But we've heard a lot of criticism from the families 0:16:04.840 --> 0:16:09.640 of hostages about this remounted military operation. Where does this 0:16:09.920 --> 0:16:12.840 leave Israel's Prime Minister Benjamin Natanyahu? 0:16:14.160 --> 0:16:17.320 Well, Natanya, who is really the ultimate political comeback kid, 0:16:17.440 --> 0:16:23.960 isn't he? And he has been able to maintain his 0:16:25.840 --> 0:16:30.960 support long enough to again press his war aims. The 0:16:31.360 --> 0:16:36.360 rather extraordinary peace proposal or you know, resettlement proposal in 0:16:36.520 --> 0:16:43.000 Gaza has been rejected by Arab states, by Palestinians themselves, 0:16:43.200 --> 0:16:46.920 but we're at a stalemate, and the last reports I've 0:16:46.960 --> 0:16:52.040 seen have been about suggestions that some countries in Africa 0:16:52.120 --> 0:16:56.560 might take Palestinians, which would not be acceptable to the 0:16:56.920 --> 0:16:57.880 Palestinian side. 0:16:58.080 --> 0:17:01.480 This is Bloomberry Daybreak, your morning podcast on the stories 0:17:01.560 --> 0:17:04.600 making news from Wall Street to Washington and beyond. 0:17:04.840 --> 0:17:07.240 Look for us on your podcast feed by six am 0:17:07.280 --> 0:17:10.680 Eastern each morning, on Apple, Spotify, or anywhere else you listen. 0:17:10.880 --> 0:17:13.760 You can also listen live each morning starting at five 0:17:13.800 --> 0:17:16.400 am Wall Street Time on Bloomberg eleven three to zero 0:17:16.520 --> 0:17:19.400 in New York Bloomberg in ninety nine to one in Washington, 0:17:19.480 --> 0:17:23.400 Bloomberg ninety two nine in Boston, and nationwide on serious 0:17:23.600 --> 0:17:25.160 XM Channel one twenty one. 0:17:25.560 --> 0:17:25.879 Plus. 0:17:25.920 --> 0:17:28.520 Listen coast to coast on the Bloomberg Business App now 0:17:28.520 --> 0:17:31.160 with Apple CarPlay and Android Atto interfaces. 0:17:31.359 --> 0:17:34.359 And don't forget to subscribe to Bloomberg News Now. It's 0:17:34.400 --> 0:17:37.159 the latest news whenever you want it in five minutes 0:17:37.240 --> 0:17:40.360 or less. Search Bloomberg News Now on your favorite podcast 0:17:40.400 --> 0:17:44.560 platform to stay informed all day long. I'm Karen Moscow. 0:17:44.359 --> 0:17:45.320 And I'm Nathan Hager. 0:17:45.480 --> 0:17:47.560 Join us again tomorrow morning for all the news you 0:17:47.600 --> 0:17:49.920 need to start your day right here on Bloomberg. 0:17:50.000 --> 0:17:50.320 Dabraay