US Push for Release of Hostages; Speaker of House Search Continues

Bloomberg Daybreak: US Edition

Your morning briefing. The news you need in just 15 minutes.
On today's podcast:

1) Israel Latest: US Talks to Allies About Preventing War Spillover

Western countries intensified efforts to stop the Israel-Hamas war from spreading, with US President Joe Biden talking with leaders from Canada, France, Germany, Italy and the UK to strengthen diplomatic coordination.

2) Israel's Support for Hostage Talks May Delay Ground Invasion

Israel supports diplomatic efforts to get Hamas to release hostages from Gaza quickly and in large numbers, a move that could delay and possibly alter its ground war, according to people familiar with the negotiations. 

3) House Republicans Try to Elect a Speaker this Week  

House Republicans set up a nine-man contest for the speaker’s post on Sunday, signaling what may be a drawn-out vote to fill the vacancy this week.

See omnystudio.com/listener for privacy information.

2023-10-23 15 min Transcript

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Good morning. 0:00:03.080 --> 0:00:05.920 I'm Nathan Hager and I'm Karen Moscow. Here are the 0:00:05.960 --> 0:00:07.440 stories we're following today. 0:00:07.720 --> 0:00:10.559 We begin with the latest in the Israel Hamas war. Overnight, 0:00:10.640 --> 0:00:14.320 Israeli warplanes struct targets across Gaza after another small aid 0:00:14.400 --> 0:00:17.239 shipment was allowed in from Egypt. President Biden spoke with 0:00:17.280 --> 0:00:20.400 the leaders of France, Germany, the UK, and Canada last 0:00:20.480 --> 0:00:22.759 night to discuss ways to keep the war from spreading. 0:00:22.960 --> 0:00:25.600 Secretary of State Anthony blinkn is trying to tamp down 0:00:25.600 --> 0:00:26.720 those concerns as well. 0:00:27.080 --> 0:00:32.040 We expect that there's a likelihood of escalation, escalation by 0:00:32.200 --> 0:00:36.400 Iranian proxies directed against our forces, directed against our personnel. 0:00:37.440 --> 0:00:39.599 We are taking steps to make sure that we can 0:00:39.680 --> 0:00:43.960 effectively defend our people and respond decisively if we need to. 0:00:44.440 --> 0:00:47.120 This is not what we want, not what we're looking for. 0:00:47.479 --> 0:00:48.559 We don't want escalation. 0:00:48.760 --> 0:00:51.360 Secretary Blincoln was on NBC's Meet the Press, which you 0:00:51.400 --> 0:00:54.320 can hear Sundays on Bloomberg Radio. More than fourteen hundred 0:00:54.440 --> 0:00:57.200 is Raelis have been killed since the October seventh attack, 0:00:57.240 --> 0:00:59.560 and the Hamas run Health Ministry says more than forty 0:00:59.560 --> 0:01:01.160 six people have been killed in. 0:01:01.160 --> 0:01:04.880 Gaza, well Nathan, Israel is supporting diplomatic efforts to get 0:01:04.920 --> 0:01:08.479 Hamas to release hostages from Gaza. As a result, Bloomberg 0:01:08.520 --> 0:01:11.560 News has learned that could delay and possibly alter its 0:01:11.600 --> 0:01:14.240 ground war, and we get more from Bloomberg's Oliver Krook 0:01:14.280 --> 0:01:14.959 and Tel Aviv. 0:01:15.200 --> 0:01:18.039 The sort of driving imperative here for the Israelis is 0:01:18.080 --> 0:01:20.800 to dismantle Hamas. Hossages will play into that. There is 0:01:20.840 --> 0:01:24.880 the moral imperative about reducing civilian casualties, but attached to that, 0:01:24.920 --> 0:01:28.360 even for those who are so emotional and angry in Israel, 0:01:28.400 --> 0:01:30.880 who maybe care a little bit less about that, there 0:01:30.959 --> 0:01:33.160 is a political reality here that in order to have 0:01:33.200 --> 0:01:36.679 the continued support of Western powers, which is absolutely crucial, 0:01:37.000 --> 0:01:39.120 this needs to happen. And then, of course then there's 0:01:39.120 --> 0:01:41.880 another question, which is what can be achieved just from 0:01:41.920 --> 0:01:44.600 the skies, and primarily from the skies and from the 0:01:44.600 --> 0:01:47.400 bombing and the bombardment, where perhaps you could have a 0:01:47.440 --> 0:01:50.200 situation where you have a much more limited ground operation. 0:01:50.600 --> 0:01:53.600 And Bloomberg's Oliver Kirk reporting in Tel Aviv, says there 0:01:53.640 --> 0:01:57.160 are two hundred and ten known hostages taken from many countries. 0:01:57.320 --> 0:01:59.800 Well, meanwhile, Karen thousands of reservists around the world of 0:02:00.240 --> 0:02:02.360 back to Israel to fight. The government says more than 0:02:02.400 --> 0:02:05.080 ten thousand people have already traveled from the US on 0:02:05.120 --> 0:02:07.720 commercial and charter flights. Many are part of the group 0:02:07.760 --> 0:02:10.680 of three hundred sixty thousand reservists called up globally by 0:02:10.760 --> 0:02:13.680 Israel's military. Others are volunteers well. 0:02:13.760 --> 0:02:17.079 Nathan Further international aid is expected into Gaza through the 0:02:17.160 --> 0:02:20.040 Rafa border point with Egypt today and we get more 0:02:20.080 --> 0:02:21.680 from Bloomberg's and Michael Heath. 0:02:22.160 --> 0:02:24.720 There's been two lots that have gone through and an 0:02:25.000 --> 0:02:26.800 AID workers are saying this is a drop in the 0:02:26.800 --> 0:02:29.679 ocean compared to what's needed. My understanding was there is 0:02:29.680 --> 0:02:31.919 about forty trucks that are supposed to come through and 0:02:32.360 --> 0:02:35.119 today I think is the hope for that. And AID 0:02:35.160 --> 0:02:36.680 workers were saying the going to need at least one 0:02:36.760 --> 0:02:39.200 hundred to be passing through a data to sort of 0:02:39.240 --> 0:02:41.920 meet the requirements of the humanitarian crisis. 0:02:42.080 --> 0:02:45.120 In Bloomberg's, Michael Heath says President Biden and Israeli Prime 0:02:45.160 --> 0:02:48.519 Minister Netanya, who are promising a continued flow of assistance 0:02:48.600 --> 0:02:51.200 after those first two aid convoys were allowed in. 0:02:51.440 --> 0:02:53.639 I back here in the US Karen, we're approaching three 0:02:53.680 --> 0:02:56.560 weeks since Kevin McCarthy was ousted as House Speaker, and 0:02:56.600 --> 0:02:59.280 there's still no clear cut choice to replace him. The 0:02:59.400 --> 0:03:01.600 roster for the next vote, though, has been set, and 0:03:01.639 --> 0:03:03.760 we get the story from Bloomberg Sad Baxter. 0:03:03.840 --> 0:03:07.080 Former House Speaker Kevin McCarthy is immediately indors Tom Emmer. 0:03:07.120 --> 0:03:09.560 We need someone who understands how to do this job. 0:03:09.880 --> 0:03:12.480 I believe Tom Emmer our whip. He's been in the 0:03:12.560 --> 0:03:15.160 room with all of our successes, from our bills to 0:03:15.200 --> 0:03:18.480 secure the border, from Parents' Bill of Rights, from cutting 0:03:18.560 --> 0:03:20.880 two trillion dollars, getting work requirements. 0:03:21.080 --> 0:03:25.519 Along with Emmer, Jack bergman Byron Donalds, Kevin Hearn, Mike Johnson, 0:03:25.600 --> 0:03:30.640 Dan Musier, Gary Palmer, Austin Scott, Pete Sessions. McCarthy also 0:03:30.720 --> 0:03:32.600 called what has gone on so far in the party 0:03:32.639 --> 0:03:35.680 and embarrassment. I'm at Baxter Bloomberg Radio. 0:03:35.880 --> 0:03:38.160 All right, ed, Thank you all. Investors closely watched the 0:03:38.240 --> 0:03:40.640 latest developments from the Middle East. The direction of the 0:03:40.640 --> 0:03:43.680 markets may be driven by corporate earnings. Almost a third 0:03:43.720 --> 0:03:45.560 of the companies in the S and P five hundred 0:03:45.560 --> 0:03:48.480 dolls report this week. Big tech will be a major 0:03:48.520 --> 0:03:52.040 focus at the Microsoft, Amazon Meta and Alphabet all reporting. 0:03:52.240 --> 0:03:56.320 Bloomberg Intelligence Senior technology analyst Mandeep Singh expects a strong 0:03:56.400 --> 0:03:57.440 quarter from Alphabet. 0:03:57.680 --> 0:04:01.720 YouTube numbers should look solid Alphabet reports and now on 0:04:01.800 --> 0:04:05.840 the cloud side, another of Alphabet segments, the tailwinds are 0:04:05.920 --> 0:04:10.160 their generative AI investments should help Alphabet Cloud segment actually 0:04:10.680 --> 0:04:12.400 to post better than expected. 0:04:12.640 --> 0:04:16.480 Print and Bloomberg Intelligence senior technology analyst man Deep singhs 0:04:16.480 --> 0:04:18.880 as artificial intelligence will be a big focus of the 0:04:18.880 --> 0:04:22.800 earnings reports. Alphabet and Microsoft both rapport tomorrow. 0:04:22.320 --> 0:04:25.520 And we have big breaking deal news crossing the Bloomberg terminal. 0:04:25.560 --> 0:04:28.440 Karen Chevron is buying Hess for one hundred and seventy 0:04:28.440 --> 0:04:31.159 one dollars a share and on the news has shares 0:04:31.200 --> 0:04:33.640 are higher by three percent in early trading. 0:04:33.920 --> 0:04:36.240 And we have a big takeover in the drug industry. 0:04:36.320 --> 0:04:39.200 Nathan Roach is paying seven point one billion dollars to 0:04:39.240 --> 0:04:42.919 acquire Televant Holdings, a developer of a therapy for treating 0:04:43.200 --> 0:04:48.080 inflammatory bowel disease. Televant is owned by roy Van Sciences 0:04:48.120 --> 0:04:51.480 and Pfizer. Shares of roy Event are up almost fourteen 0:04:51.520 --> 0:04:52.680 percent in early trading. 0:04:52.920 --> 0:04:57.920 Finally, Karen swift outduels Scorsese. The film version of Taylor 0:04:57.960 --> 0:05:01.120 Swift's Stadium Tour. The Airs Tour held on to the 0:05:01.160 --> 0:05:03.720 box office lead for a second straight weekend, out drawing 0:05:03.800 --> 0:05:07.680 a new Martin Scorsese drama from Apple. comScore says the 0:05:07.680 --> 0:05:10.600 Swift film took in thirty one million more dollars in 0:05:10.640 --> 0:05:13.840 North American ticket sales, while Killers of the Flower Moon, 0:05:13.920 --> 0:05:16.760 the first ever big screen released from Apple Original Films, 0:05:16.800 --> 0:05:19.080 opened with sales of twenty three million. 0:05:22.760 --> 0:05:24.000 And it's time now for a look at some of 0:05:24.040 --> 0:05:26.040 the other stories making news around the world. For that, 0:05:26.120 --> 0:05:29.120 we're joined by Bloomberg's John Tucker, John, Good Morning. 0:05:29.160 --> 0:05:32.119 And Good morning, Karen Moore. US military in the Mid East, 0:05:32.320 --> 0:05:36.320 the Pentagon sending the USS Eisenhearer Carriers, strength group and 0:05:36.400 --> 0:05:39.640 additional air defense to the area as the Israel Hamas 0:05:39.640 --> 0:05:42.880 war grinds on. Defense Secretary Lloyd Austin. 0:05:42.640 --> 0:05:46.880 Sends another message to those who would seek to widen 0:05:46.920 --> 0:05:50.440 this conflict, and we won't hesitate to take the appropriate action. 0:05:50.600 --> 0:05:53.920 Austin speaking on ABC's This Week, which can be heard 0:05:53.920 --> 0:05:58.120 here on Bloomberg Radio every Sunday. The bind Administration designating 0:05:58.200 --> 0:06:01.520 thirty one regions across the nation and as technology hubs. 0:06:01.800 --> 0:06:03.719 More this morning from Bloomberg Steve Potis. 0:06:03.800 --> 0:06:07.839 The tech hubs span not just semiconductors, but also electric vehicles, 0:06:07.880 --> 0:06:12.159 critical minerals, biomanufacturing, and clean energy. It's a staff of 0:06:12.200 --> 0:06:15.360 approval that's meant to marshall private capital in the core 0:06:15.480 --> 0:06:20.039 areas of federal investment. The goal administration officials say is 0:06:20.080 --> 0:06:24.800 to generate economic activity outside of coastal boomtowns like San Francisco, 0:06:25.120 --> 0:06:28.799 distributing the benefits of government subsidies and some five hundred 0:06:28.920 --> 0:06:32.480 billion dollars in private capital that has flowed into advanced 0:06:32.560 --> 0:06:37.120 manufacturing since Biden took office. Designees are scattered across thirty 0:06:37.160 --> 0:06:41.040 two states and Puerto Rico. Steve Potisk Bloomberg Radio. 0:06:41.200 --> 0:06:43.520 No suspects or motive yet in the murder of a 0:06:43.600 --> 0:06:47.880 synagogue president killed in Detroit following AMBI warnings about the 0:06:47.920 --> 0:06:50.839 increased risk of hate crimes of the US. Please say 0:06:50.839 --> 0:06:54.640 Samantha Wall was found Saturday outside her home. Gary Fried 0:06:54.800 --> 0:06:55.640 was an acquaintance. 0:06:56.279 --> 0:07:01.960 She really was a genuinely kind, ever person that touched 0:07:02.000 --> 0:07:03.040 everyone that she knew. 0:07:03.320 --> 0:07:06.480 Detroit polease say they don't have evidence showing anti Semitism 0:07:06.720 --> 0:07:09.440 was the motive. A little more than an hour before 0:07:09.600 --> 0:07:13.200 kickoff of Saturday's game between Michigan and Michigan State University, 0:07:13.600 --> 0:07:16.680 a trivia quiz on the large video board inside the 0:07:16.720 --> 0:07:22.080 stadium included a photo of Adolf Hitler. The university apologized 0:07:22.440 --> 0:07:24.480 put the blame on a third party source says it 0:07:24.520 --> 0:07:27.760 will not use that vendor going forward. Global news twenty 0:07:27.760 --> 0:07:30.960 four hours a day whenever you want it with Bloomberg 0:07:31.040 --> 0:07:34.520 News Now. I'm John Tucker, and they is Bloomberg Radio. 0:07:34.680 --> 0:07:36.280 Karen all right, John, Thanks well. 0:07:36.320 --> 0:07:38.040 We do bring you news throughout the day here on 0:07:38.080 --> 0:07:40.840 Bloomberg Radio, as John said, but now you can get 0:07:40.840 --> 0:07:43.560 the latest on demand whenever you want it. Subscribe to 0:07:43.560 --> 0:07:45.920 Bloomberg News Now to get the latest headlines at the 0:07:45.920 --> 0:07:48.760 click of a button. Get informed on your schedule. You 0:07:48.760 --> 0:07:51.320 can listen and subscribe to Bloomberg News Now on the 0:07:51.360 --> 0:07:55.080 Bloomberg Business app, Bloomberg dot Com plus Apple, Spotify, and 0:07:55.240 --> 0:08:02.360 anywhere else you get your podcasts. Rightest time. Now for 0:08:02.360 --> 0:08:06.080 the Bloomberg Sports Update, here's John stash Hour John current. 0:08:06.120 --> 0:08:08.640 The American League Championship Series Battle of the State of 0:08:08.680 --> 0:08:12.400 Texas going to a decisive game seven tonight in Houston, 0:08:12.400 --> 0:08:14.880 where last night the Rangers got a home run from 0:08:14.880 --> 0:08:17.000 Mitch Garvern the second and then two run shots from 0:08:17.080 --> 0:08:20.240 Jonaheim in the fourth, And then at Dallas Garcia with 0:08:20.360 --> 0:08:22.880 the grand Slam of the ninth Rangers beat the Astros 0:08:23.000 --> 0:08:25.720 nine to two. The road team is six to zero 0:08:25.720 --> 0:08:28.720 in this series. The decisive Game seven tonight with Max 0:08:28.760 --> 0:08:32.400 Scherzer starting for the Rangers and Christian Hobvier for the Astros. 0:08:32.400 --> 0:08:35.599 They'll play Game six in the NLCS in Philadelphia with 0:08:35.640 --> 0:08:37.600 the Phillies up three to two on Arizona. One other 0:08:37.679 --> 0:08:40.200 baseball note, the Giants looking for a new manager and 0:08:40.240 --> 0:08:43.800 they have gotten permissioned by the Padres to talk to 0:08:43.840 --> 0:08:46.840 the San Diego manager, Bob Melvin, so the night football 0:08:46.880 --> 0:08:49.800 is in Philadelphia. The Eagles got two ten passes from 0:08:49.880 --> 0:08:52.760 Jalen Hurts. He also ran for a touchdown. The Eagles 0:08:52.760 --> 0:08:56.040 beat the Dolphins thirty one to seventeen. The Eagles and Chiefs, 0:08:56.120 --> 0:08:58.880 the two teams who played in the Super Bowl last year, 0:08:58.920 --> 0:09:01.800 are the NFL's only six and one teams. The Chiefs 0:09:02.000 --> 0:09:04.360 got a big game from Patrick Mahomes thirty two to 0:09:04.440 --> 0:09:07.559 forty two, four hundred and twenty four yards, four touchdowns, 0:09:07.600 --> 0:09:11.240 Case beat the Chargers thirty one to seventeen. The Commander's 0:09:11.280 --> 0:09:14.120 lost to the Giants fourteen to seven. The Ravens with 0:09:14.160 --> 0:09:17.360 a blowout win over Detroit thirty eight to six. DA 0:09:17.400 --> 0:09:20.960 Mar Jackson threw for three touchdowns, ran for another, and 0:09:21.120 --> 0:09:25.160 the Patriots got a surprising win over Buffalo twenty nine 0:09:25.200 --> 0:09:27.320 to twenty five, their first home win of the year 0:09:27.360 --> 0:09:30.559 and its career win number three hundred for Bill Belichick. 0:09:30.840 --> 0:09:33.560 Johns Danshaward Bloomberg Sports. 0:09:35.200 --> 0:09:38.199 From coast to coast, from New York to San Francisco, 0:09:38.520 --> 0:09:43.600 Boston to Washington, DC, nationwide on SIRIUSXAM, the Bloomberg Business 0:09:43.600 --> 0:09:45.199 appened Bloomberg dot Com. 0:09:45.400 --> 0:09:50.240 This is Bloomberg Daybreak. Good morning. I'm Nathan Hagard. Has 0:09:50.320 --> 0:09:52.960 been more than two weeks since the deadly Hummas attack 0:09:53.120 --> 0:09:56.520 on Israel, but the long expected Israeli ground invasion into 0:09:56.559 --> 0:09:59.960 Gaza may be on hold as diplomacy takes center stay 0:10:00.280 --> 0:10:02.760 to try to free more hostages to try to prevent 0:10:02.800 --> 0:10:05.240 the conflict from escalating. For the very latest, we were 0:10:05.320 --> 0:10:07.760 joined now by Bloomberg's news director for Europe, the Middle 0:10:07.800 --> 0:10:11.880 East and Africa, Rosalind Mathison, Roz good morning. What more 0:10:11.880 --> 0:10:15.920 do we know about the hostage negotiations with Hamas since 0:10:16.080 --> 0:10:18.559 those two Americans were free last Friday. 0:10:18.800 --> 0:10:21.920 Well, we know they're ongoing. We know today it seems 0:10:21.960 --> 0:10:24.040 that there are still at least two hundred and twenty 0:10:24.160 --> 0:10:29.080 hostages that are known to being held, likely mostly in 0:10:29.160 --> 0:10:33.040 Gaza itself, and they're using Katar really as the mediator 0:10:33.080 --> 0:10:37.000 there to try and negotiate their release with Hamas, and 0:10:37.559 --> 0:10:40.800 the US and other allies are sort of saying to Israel, 0:10:40.840 --> 0:10:44.680 could you hold off on your ground war, your likely 0:10:44.720 --> 0:10:48.480 ground war of Gaza so that we can continue to 0:10:48.559 --> 0:10:51.439 negotiate with Hamas to get the rest of those hostages released, 0:10:51.440 --> 0:10:54.440 because so far it's only been those two that you mentioned, 0:10:54.520 --> 0:10:58.000 the two Americans, and seemingly that seems to be Hamas 0:10:58.000 --> 0:11:00.280 saying they wanted to do that as a gesture to 0:11:00.360 --> 0:11:03.000 the US, but not really inclined to release any of 0:11:03.040 --> 0:11:05.720 the other hostages that are being held there. We know 0:11:05.760 --> 0:11:08.439 that some of them, of course, suffered quite serious injuries 0:11:08.960 --> 0:11:11.360 when they were kidnapped and taken back into Gaza. Some 0:11:11.400 --> 0:11:15.240 have required medical treatment they were already and their whereabouts 0:11:15.280 --> 0:11:18.000 is just clearly unknown. Are they in the north of Gaza, 0:11:18.080 --> 0:11:20.920 the south of Gaza. Are they in some of the tunnels, 0:11:20.960 --> 0:11:24.120 the many tunnels that Hamas has dug over the years 0:11:24.200 --> 0:11:28.320 in the area. It's very very unclear their location, their 0:11:28.360 --> 0:11:31.160 collective wellbeing and so on. But we do know that 0:11:31.200 --> 0:11:34.240 their increased efforts to negotiate their release before any kind 0:11:34.240 --> 0:11:34.840 of ground war. 0:11:35.400 --> 0:11:37.760 In the meantime, we also know that it hasn't seemed 0:11:37.760 --> 0:11:41.280 to deter the air war into Gaza, with reports that 0:11:41.480 --> 0:11:45.760 hundreds of targets have been struck from the air even 0:11:45.880 --> 0:11:49.000 since those two hostages were released. But when it comes 0:11:49.040 --> 0:11:52.839 to the ground war rise, could these negotiations sort of 0:11:52.960 --> 0:11:56.600 change the calculus for Israel when it comes to how 0:11:56.640 --> 0:11:59.200 they mount this ground invasion, Well. 0:11:59.040 --> 0:12:01.640 That's very much the stability, and a lot really also 0:12:01.800 --> 0:12:04.680 depends on the mood inside Israel. Of course, in the 0:12:04.720 --> 0:12:10.200 immediate aftermath of the Hamas attack inside Israel and many 0:12:10.280 --> 0:12:13.480 Israelis of course killed or injured in that the level 0:12:13.520 --> 0:12:17.440 of anger is extremely high and the immediate desire to 0:12:17.559 --> 0:12:21.240 retaliate with a full ground war inside Gaza. The question 0:12:21.320 --> 0:12:23.560 is what does the mood feel like in Israel as 0:12:23.640 --> 0:12:27.120 time goes on and they are mounting As you say 0:12:27.200 --> 0:12:31.480 that very vigorous air campaign into Gaza, increased tempo of 0:12:31.559 --> 0:12:34.840 air strikes if anything, from a few days ago. And 0:12:34.920 --> 0:12:37.160 so is that sort of a middle ground for now 0:12:37.240 --> 0:12:40.920 where you get that intensified air campaign to show that 0:12:40.960 --> 0:12:43.400 they are doing something they feel they need to in 0:12:43.480 --> 0:12:47.199 terms of retaliation inside Gaza. And does that mean that 0:12:47.880 --> 0:12:50.360 a full ground war at some stage if that does happen, 0:12:50.760 --> 0:12:54.280 looks slightly different. Is it smaller in scale, is it 0:12:54.320 --> 0:12:58.280 more targeted to certain areas of Gaza or certain buildings 0:12:58.280 --> 0:13:00.720 and structures for example. We just don't know, but it 0:13:00.800 --> 0:13:03.200 might be that you get that kind of blizzard of 0:13:03.280 --> 0:13:06.200 air attack going on followed by a smaller scale ground 0:13:06.240 --> 0:13:06.880 war in the end. 0:13:07.280 --> 0:13:10.280 And in the same time, we are still seeing Israel 0:13:10.480 --> 0:13:14.480 trade fire with Hezbollah in Lebanon to the north, and 0:13:14.520 --> 0:13:18.600 the warnings over the weekend from Biden administration officials, including 0:13:18.640 --> 0:13:21.960 the Secretary of State Antity Blincoln Defense Secretary Lloyd Austin 0:13:22.240 --> 0:13:26.120 warning Iran back groups not to get further involved. What 0:13:26.360 --> 0:13:29.400 is the risk that we do start to see a 0:13:29.440 --> 0:13:32.800 further escalation a potential miscalculation as this goes on. 0:13:33.400 --> 0:13:36.319 Well, certainly we're also seeing the intensity pick up in 0:13:36.440 --> 0:13:41.600 the trading of fire between Hesblah in Lebanon and Israeli forces. 0:13:41.640 --> 0:13:44.680 We're seeing more of that happening in the last two days, 0:13:45.440 --> 0:13:47.520 and certainly a lot going on there. And the risk, 0:13:47.559 --> 0:13:52.199 as you say, is that that intensifies and pulls hes Belah, 0:13:52.200 --> 0:13:55.440 but also with a result of Iran into a conflict, 0:13:55.440 --> 0:13:58.000 and you've got a full sort of separate northern front 0:13:58.400 --> 0:14:01.000 going on in a conflict for Israel alongside whatever is 0:14:01.040 --> 0:14:04.319 happening against Hamas at the same time, and Hesbeala in 0:14:04.360 --> 0:14:06.760 a way possibly is a bigger danger and a bigger 0:14:06.760 --> 0:14:10.119 threat certainly when it comes to the region because Hesbelara 0:14:10.240 --> 0:14:14.240 is bigger, more sophisticated, They have many more rockets and 0:14:14.240 --> 0:14:17.240 missiles than Hamas does, and they can use thos with 0:14:17.320 --> 0:14:21.400 greater effect potentially against Israel. And you've got Iran in 0:14:21.440 --> 0:14:24.640 the corner then lurking behind them, and so that really 0:14:24.800 --> 0:14:27.280 is a front of mind danger right now when you 0:14:27.320 --> 0:14:29.560 think about the US and other allies in the region 0:14:30.000 --> 0:14:32.840 saying we've got to prevent that from happening. But there 0:14:32.920 --> 0:14:36.000 has been that pickup in sort of fire being traded 0:14:36.000 --> 0:14:38.920 between forces of of Israel and Hesbalo in recent days. 0:14:41.320 --> 0:14:44.360 This is Bloomberg Daybreak Today, your morning brief on the 0:14:44.400 --> 0:14:47.800 story's making news from Wall Street to Washington and beyond. 0:14:48.080 --> 0:14:50.880 Look for us on your podcast feed at six am 0:14:50.960 --> 0:14:54.640 Eastern each morning, on Apple, Spotify, and anywhere else you 0:14:54.680 --> 0:14:55.800 get your podcasts. 0:14:55.960 --> 0:14:58.680 You can also listen live each morning, starting at five 0:14:58.720 --> 0:15:01.400 am Wall Street Time, Bloomberg eleven three to zero in 0:15:01.480 --> 0:15:04.960 New York, Bloomberg ninety nine one in Washington, Bloomberg one 0:15:05.000 --> 0:15:08.080 oh sixty one in Boston, and Bloomberg nine sixty in 0:15:08.120 --> 0:15:08.880 San Francisco. 0:15:09.320 --> 0:15:12.480 Our flagship New York station is also available on your 0:15:12.520 --> 0:15:17.960 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. 0:15:18.000 --> 0:15:20.960 Listen coast to coast on the Bloomberg Business app, serious 0:15:21.120 --> 0:15:25.080 XM Channel one nineteen, the iHeartRadio app, and on Bloomberg 0:15:25.200 --> 0:15:27.000 dot Com. I'm Nathan Hager and. 0:15:27.000 --> 0:15:30.320 I'm Karen Moscow. Join us again tomorrow morning for all 0:15:30.320 --> 0:15:32.880 the news you need to start your day right here 0:15:33.000 --> 0:15:34.320 on Bloomberg Daybreak

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