Weeks of Fighting Expected in Gaza; US House Searches for New Speaker

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. 0:00:08.000 --> 0:00:10.240 We begin with the latest in the war between Israel 0:00:10.280 --> 0:00:14.200 and Hamas, where diplomacy is taking center stage. Hamas released 0:00:14.280 --> 0:00:17.880 two more hostages yesterday, elderly women who were snatched from 0:00:17.880 --> 0:00:21.400 their kibbutz on October seventh. Today, French President Emanuel mccro 0:00:21.680 --> 0:00:24.159 is the latest world leader to arrive in Israel. He 0:00:24.239 --> 0:00:27.640 is meeting with Prime Minister Benjamin Netanyahu, expected to call 0:00:27.680 --> 0:00:31.440 for resuming the peace process with the Palestinians. President Biden 0:00:31.520 --> 0:00:33.720 has also been on the phone with Netan Yahoo, and 0:00:33.800 --> 0:00:36.600 he says he's discussed the war with Pope Francis as well. 0:00:36.960 --> 0:00:39.720 I laid out to what the game plan was, how 0:00:39.720 --> 0:00:43.559 we thought we should be provided the kind of assistance 0:00:43.600 --> 0:00:47.479 to Israel that needed, and the Pope was across the 0:00:47.520 --> 0:00:48.840 board's support of what we're doing. 0:00:49.120 --> 0:00:51.760 And President Biden says he does not support a ceasefire 0:00:51.840 --> 0:00:55.280 until Hamas releases all its hostages. The militant groups believed 0:00:55.280 --> 0:00:57.440 to have taken about two hundred and twenty people in 0:00:57.480 --> 0:00:58.720 the October seventh attack. 0:00:59.120 --> 0:01:02.080 Well Nathan Shina has acknowledged that Israel has the right 0:01:02.160 --> 0:01:05.920 of self defense against Hamas as Bloomberg Daybreak Asia anchor 0:01:05.920 --> 0:01:08.839 Brian Curtis reports the concession comes ahead of a trip 0:01:08.880 --> 0:01:12.080 to Washington by Chinese Foreign Minister Wang Yee. 0:01:12.319 --> 0:01:15.160 Until now, China had simply called for a ceasefire in 0:01:15.200 --> 0:01:18.840 the conflict. Shinwa now quotes Wang as saying every country 0:01:18.920 --> 0:01:22.160 has the right to self defense, but should protect civilians. 0:01:22.520 --> 0:01:24.800 Wong's trip may help pave the way for a meeting 0:01:24.840 --> 0:01:29.320 between President Shijinping and Joe Biden. Senior officials say Wog 0:01:29.360 --> 0:01:32.800 will visit Thursday to Saturday. This week. You'll meet Secretary 0:01:32.840 --> 0:01:36.160 of State Anthony Blincoln and White House National Security Advisor 0:01:36.319 --> 0:01:40.039 Jake Sullivan. Among the topics. The hostage is taken by 0:01:40.080 --> 0:01:44.600 hamas Russia's invasion of Ukraine and North Korea in Hong Kong. 0:01:44.640 --> 0:01:46.119 Brian Curtis, Bloomberg. 0:01:45.800 --> 0:01:48.240 Radio, Okay, Brian, thank you know. The wars in both 0:01:48.320 --> 0:01:50.600 Israel and Ukraine have caught the attention of some of 0:01:50.600 --> 0:01:53.720 the most powerful executives on Wall Street. We heard earlier 0:01:53.720 --> 0:01:56.600 this morning from JP Morgan Chase CEO Jamie Diamond. 0:01:56.840 --> 0:01:59.760 I'm a general and optimist. I think you'd be foolish 0:01:59.800 --> 0:02:01.640 not to look at some of these things taking place 0:02:01.680 --> 0:02:05.640 today in Ukraine, Middle East. Obviously my heart goes out 0:02:05.680 --> 0:02:10.440 for Ukraine, but also it's affecting oil, food of food, 0:02:10.880 --> 0:02:15.120 gas prices, migration, potential starvation is probably the most serious 0:02:15.120 --> 0:02:16.079 thing we faced. 0:02:16.560 --> 0:02:19.000 Jamie Diamond is one of many executives speaking at the 0:02:19.000 --> 0:02:23.640 Future Investment Initiative in RIODD Saudi Arabia. Moderator David Rubinstein 0:02:23.680 --> 0:02:26.520 also spoke with Bridgewater Associates founder Ray Dallyo. 0:02:26.919 --> 0:02:30.919 We look at the geopolitical situation and then we look 0:02:30.919 --> 0:02:33.200 at the climate issue. The climate issue is going to 0:02:33.240 --> 0:02:36.960 cost us. It's estimated between five and ten trillion dollars 0:02:37.200 --> 0:02:40.680 a year in a world GDP that produces one hundred trillion. 0:02:40.800 --> 0:02:43.400 Put it simply, for next year, are you optimistic about 0:02:43.440 --> 0:02:45.160 the global economy or pessimistic? 0:02:45.639 --> 0:02:46.320 Pessimistic? 0:02:48.120 --> 0:02:50.600 And that was both Ray Dalio and Jamie Diamond speaking 0:02:50.680 --> 0:02:52.480 in Saudi Arabia earlier this morning. 0:02:53.000 --> 0:02:56.240 Well, Nathan back home in the US, how's Republicans planning 0:02:56.240 --> 0:02:58.800 to try again today to choose a nominee for speaker? 0:02:58.840 --> 0:03:01.280 And Bloomberg? Jamy Morris as the latest from Washington. 0:03:01.480 --> 0:03:04.480 Watch for several rounds of voting behind closed doors before 0:03:04.520 --> 0:03:07.959 they name an official designy for speaker. House Republicans held 0:03:07.960 --> 0:03:11.280 a candidate forum with eight new prospects last night. Tom 0:03:11.280 --> 0:03:13.720 Emmer of Minnesota came out as the front runner. 0:03:13.800 --> 0:03:14.600 I've made my case. 0:03:15.320 --> 0:03:16.720 We'll see what the members stay to mark. 0:03:17.080 --> 0:03:19.200 All of the current House speaker candidates are said to 0:03:19.240 --> 0:03:22.079 have signed a loyalty pledge to back whomever wins their 0:03:22.120 --> 0:03:25.399 party's nomination, but it is not clear if any contender 0:03:25.480 --> 0:03:27.919 can get a majority of votes to win the House 0:03:27.960 --> 0:03:31.160 speakership in Washington, I'm Amy Morris, Bloomberg Radio. 0:03:31.240 --> 0:03:33.320 All right, Amy, thanks, So it's been three weeks without 0:03:33.360 --> 0:03:35.839 a Speaker of the House. Mick mulvaney, former White House 0:03:35.880 --> 0:03:38.280 Chief of Staff under Donald Trump, talked about the former 0:03:38.320 --> 0:03:39.920 president's impact on the process. 0:03:40.040 --> 0:03:42.240 I think he wasn't able to get the votes for 0:03:42.320 --> 0:03:45.600 Jim Jordan. That shows Trump's limitations inside the building. Keep 0:03:45.640 --> 0:03:47.880 in mind, this is a very personal vote. This is 0:03:47.880 --> 0:03:49.840 not a policy vote. This is who you want to 0:03:49.880 --> 0:03:52.240 be your leader. And people are a lot more willing 0:03:52.240 --> 0:03:53.920 to push back on Donald Trump on this, and they 0:03:54.000 --> 0:03:56.480 might be on immigration or taxes. 0:03:56.800 --> 0:03:59.760 That was former Republican Congressman McK mulvaney on Bloomberg's Sound. 0:04:00.120 --> 0:04:02.240 You can hear one to three pm Eastern weekdays on 0:04:02.280 --> 0:04:05.200 Bloomberg Radio or any time on the Sound on podcasts 0:04:05.200 --> 0:04:08.560 at Apple, Spotify, or anywhere else you get your podcasts. 0:04:08.160 --> 0:04:10.400 Well as we await a new speaker and Nathan, there's 0:04:10.440 --> 0:04:13.320 word this morning at the US deficit has doubled. The 0:04:13.360 --> 0:04:16.400 government ran a more than two trillion dollar deficit from 0:04:16.400 --> 0:04:19.440 the fiscal year through September. Now that's about a trillion 0:04:19.560 --> 0:04:23.000 more than the prior year. Republicans blame out of control spending, 0:04:23.040 --> 0:04:24.719 but much of the gap is due to the knock 0:04:24.760 --> 0:04:26.719 on effects of faster inflation. 0:04:26.960 --> 0:04:29.280 Now that surge in the deficit, Karen can also explain 0:04:29.279 --> 0:04:32.360 why yields on long term US treasuries are reaching highs 0:04:32.480 --> 0:04:35.640 unseen since before the global financial crisis. Some of the 0:04:35.640 --> 0:04:38.960 market's most prominent bond bears, meanwhile, are saying the historic 0:04:39.040 --> 0:04:41.720 route in treasuries has gone too far, and we get 0:04:41.720 --> 0:04:44.320 the story from Bloomberg's John Tucker John Nathan. 0:04:44.360 --> 0:04:48.360 Billionaire investor Bill Lackman says he's unwound his bet against 0:04:48.480 --> 0:04:51.719 US government bonds. Bill Grows, co founder of PIMCO, says 0:04:51.880 --> 0:04:55.000 he's now buying short data and interest rate futures now. 0:04:55.040 --> 0:04:58.560 Their comments coincide with a swift turnarounded yields. During a 0:04:58.600 --> 0:05:01.880 wild trading session yesterday, the yield on the tenure tumbled 0:05:01.960 --> 0:05:06.279 roughly nineteen basis points after earlier surpassing five percent for 0:05:06.320 --> 0:05:09.080 the first time in sixteen years. So does this signal 0:05:09.160 --> 0:05:11.240 the peak for treasure re yields in the end of 0:05:11.279 --> 0:05:14.240 the bond bear market? Gross for his part, wrote that 0:05:14.600 --> 0:05:18.239 higher for longer is yesterday's mantra A ten year price 0:05:18.360 --> 0:05:21.360 up this morning, the yield down two basis points. Live 0:05:21.440 --> 0:05:23.400 in New York, I'm John Tucker, Bloomberg Radio. 0:05:23.640 --> 0:05:26.200 All right, John, thank you. On the earnings barrage continues 0:05:26.240 --> 0:05:29.680 with almost three dozen companies reporting today, among that Microsoft, 0:05:29.760 --> 0:05:31.240 Alphabet and GM. 0:05:31.080 --> 0:05:33.760 And in Europe, Karen, we've heard from Barclays. Those shares 0:05:33.800 --> 0:05:37.039 are down nearly five percent. The Banking Giants Trading division 0:05:37.040 --> 0:05:40.360 missed estimates in the third quarter, firms also lowering guidance 0:05:40.440 --> 0:05:46.400 for its UK business. This is Bloomberg. 0:05:48.520 --> 0:05:50.160 Ll right, Nathan, thanks time now for a look at 0:05:50.160 --> 0:05:52.200 some of the other stories making news around the world. 0:05:52.200 --> 0:05:55.520 For that, we're joined by Bloomberg's Amy Morris, Amy, Good morning. 0:05:55.560 --> 0:05:59.279 Good morning, Karen. US forces will be postured appropriately in 0:05:59.320 --> 0:06:02.760 the Middle East overconcerns the war between Israel and Hamas 0:06:02.800 --> 0:06:06.960 could escalate into a wider conflict. National Security Council spokesman 0:06:07.040 --> 0:06:09.839 John Kirby says there has been an uptake of rocket 0:06:09.880 --> 0:06:13.920 and drone attacks by Iranian backed proxy groups against military 0:06:13.960 --> 0:06:17.239 bases housing US personnel in Iraq and in Syria. 0:06:17.360 --> 0:06:19.680 We know Iran's goal is to maintain some level of 0:06:19.720 --> 0:06:22.240 deniability here, but we're not going to allow them to 0:06:22.279 --> 0:06:24.320 do that. We also are not going to allow any 0:06:24.320 --> 0:06:26.680 threat to our interest in the region to go unchallenged. 0:06:26.760 --> 0:06:30.360 The White House says humanitarian assistance to Palestinians is a priority. 0:06:30.680 --> 0:06:33.520 Kirby called the aid trucks that have gotten into Gaza 0:06:33.560 --> 0:06:36.919 a good start. The United Auto Workers announced nearly seven 0:06:36.960 --> 0:06:40.680 thousand members at the Stalantis Sterling Heights Assembly plant when 0:06:40.720 --> 0:06:43.599 on strike yesterday. That's the plant that makes the RAM 0:06:43.640 --> 0:06:47.640 fifteen hundred truck. UAW president Sean Fain spoke outside of 0:06:47.640 --> 0:06:48.479 the plant yesterday. 0:06:48.520 --> 0:06:51.080 They can afford this, They can make it happen. Our 0:06:51.120 --> 0:06:52.359 workers deserve their share. 0:06:52.400 --> 0:06:54.400 I mean, while they say they can't afford this, the 0:06:54.440 --> 0:06:57.080 next day they announced more dividends for shareholders. 0:06:57.480 --> 0:06:59.800 I mean, so you know. They're sending mixed messages. 0:07:00.040 --> 0:07:02.520 As it is outraged by the move, saying that last 0:07:02.560 --> 0:07:05.320 week the company presented the union with a new improved offer, 0:07:05.600 --> 0:07:08.360 including a twenty three percent wage increase over the life 0:07:08.400 --> 0:07:11.920 of the contract and a fifty percent increase in contributions 0:07:11.920 --> 0:07:15.120 to the retirement savings plan. More than forty one thousand 0:07:15.200 --> 0:07:18.400 UAW workers are now on the picket line. An off 0:07:18.480 --> 0:07:21.800 duty pilot is facing eighty three counts of attempted murder 0:07:22.120 --> 0:07:25.720 for allegedly trying to crash an Alaska Airline's flight. The 0:07:25.760 --> 0:07:28.880 airline said the flight from Everett, Washington, to San Francisco 0:07:29.000 --> 0:07:32.960 on Sunday, operated by Horizon Air, diverted to Portland because 0:07:32.960 --> 0:07:36.520 of the incident. Police said the suspect, Joseph Emerson, was 0:07:36.560 --> 0:07:38.480 sitting in the flight deck jump seat and tried to 0:07:38.480 --> 0:07:41.840 pull the fire extinguisher handles to shut off the engines. 0:07:42.320 --> 0:07:45.240 A new study published in the journal Nature Climate Change 0:07:45.280 --> 0:07:49.000 finds that even the most ambitious greenhouse gas reduction targets 0:07:49.320 --> 0:07:51.960 are not likely to prevent the collapse of the West 0:07:52.000 --> 0:07:55.520 Antarctic ice sheet. Michael Mann is a climatologist at the 0:07:55.600 --> 0:07:59.880 University of Pennsylvania and the author of our Fragile Moments. 0:07:59.680 --> 0:08:04.880 Looking at substantial parts of Manhattan submerged. And when you get, 0:08:04.920 --> 0:08:08.040 for example, a major landfalling hurricane, and you get the 0:08:08.080 --> 0:08:11.760 storm surge on top of that sea level rise, you 0:08:11.800 --> 0:08:14.320 could get even more widespread flooding. 0:08:14.400 --> 0:08:17.680 Climatologist Michael Mann says this study is a warning sign 0:08:17.720 --> 0:08:20.760 that should be taken seriously. Global news twenty four hours 0:08:20.800 --> 0:08:23.080 a day and whenever you want it with Bloomberg News Now. 0:08:23.280 --> 0:08:26.080 I'm Abe Morris and this is Bloomberg Karen. All right, Amy, 0:08:26.080 --> 0:08:27.720 thank you well. We do bring you news throughout the 0:08:27.800 --> 0:08:30.840 day here on Bloomberg Radio. As Amy said, but now 0:08:31.000 --> 0:08:33.440 you can get the latest news on demand whenever you 0:08:33.520 --> 0:08:36.160 want it. Subscribed to Bloomberg News Now to get the 0:08:36.200 --> 0:08:38.880 latest headlines at the click of a button. Get informed 0:08:38.920 --> 0:08:41.920 on your schedule. You can listen and subscribe to Bloomberg 0:08:41.960 --> 0:08:44.920 News Now on the Bloomberg Business app, Bloomberg dot com 0:08:44.920 --> 0:08:50.400 plus Apple, Spotify, and anywhere else you get your podcasts. 0:08:52.840 --> 0:08:55.520 Time now for the Bloomberg Sports Update with John stash 0:08:55.520 --> 0:08:56.479 Hour John. 0:08:56.600 --> 0:08:59.320 Yeahn the Texas Rangers late in the regular scenes at 0:08:59.320 --> 0:09:01.480 a stretch where they play twenty games and lost sixteen 0:09:01.559 --> 0:09:03.360 of them and nearly cost of the playoff. First they 0:09:03.400 --> 0:09:05.920 stuck game, but in the postseason they swept Tampa Bay, 0:09:06.000 --> 0:09:08.640 they swept Baltimore, two teams who had want to combine 0:09:08.920 --> 0:09:11.800 two hundred games, and in the ALCS, the Rangers played 0:09:11.800 --> 0:09:14.280 four games in Houston against the defending World Series champs. 0:09:14.600 --> 0:09:17.640 They won all four. They took Game seven eleven to four, 0:09:17.720 --> 0:09:20.679 and the Rangers are AL champions only the third time 0:09:20.679 --> 0:09:23.880 the ever first time since twenty eleven, the ALCS MVP 0:09:24.120 --> 0:09:27.000 was a Doulas Garcia. All he did was homer in 0:09:27.120 --> 0:09:28.920 each of the last four games, and last night he 0:09:29.040 --> 0:09:32.360 hit two, had two other hits. Drove in five World 0:09:32.440 --> 0:09:36.480 Series starts Friday, Texas against either Arizona or Philadelphia. They've 0:09:36.559 --> 0:09:39.000 got Game seven tonight in Philly, second time in the 0:09:39.120 --> 0:09:42.520 last four years that both LCS went seven. Hadn't happened 0:09:42.520 --> 0:09:45.160 before that since two thousand and four. Diamondbacks stayed alive 0:09:45.720 --> 0:09:48.520 five to one, winning Game six. Five pitchers teamed up 0:09:48.559 --> 0:09:51.200 to allow only six hits. The Phillies came in having 0:09:51.240 --> 0:09:55.360 won their previous eleven home National League playoff games, one 0:09:55.440 --> 0:09:58.040 night put twelve in Minnesota, Vikings upset the forty nine 0:09:58.120 --> 0:10:01.640 Ers twenty two to seventeen. Kirk Cousins two TD passes. 0:10:01.720 --> 0:10:04.679 They both went to rookie Jordan Addison first home win 0:10:04.720 --> 0:10:06.760 of the year from Minnesota, while the Niners, who were 0:10:06.840 --> 0:10:09.320 five to zero, have lost their last two. The Chicago 0:10:09.440 --> 0:10:12.480 quarterback Justin Field unlikely to play this week, which means 0:10:12.520 --> 0:10:15.000 it will get me the rookie Tyson badget in Cleveland 0:10:15.280 --> 0:10:18.320 Sean Watson day to day. In concussion protocol, the NFL 0:10:18.440 --> 0:10:21.559 has suspended Denver safety Kareem Jackson for four games for 0:10:21.600 --> 0:10:24.439 an illegal hit. He has a history of it. John 0:10:24.480 --> 0:10:26.320 Stashedward Bloomberg Sports. 0:10:28.480 --> 0:10:31.440 From coast to coast, from New York to San Francisco, 0:10:31.800 --> 0:10:36.400 Boston to Washington, d C. Nationwide on siriusxam, the Bloomberg 0:10:36.480 --> 0:10:40.560 Business app in Bloomberg dot Com. This is Bloomberg Daybreak. 0:10:41.760 --> 0:10:45.160 Good morning. I'm Nathan Hager. Diplomacy is center stage once 0:10:45.240 --> 0:10:48.839 again in Israel's war with Hummas. World leaders continue to 0:10:48.880 --> 0:10:52.440 travel to the war zone, urging restraint after Hummas released 0:10:52.520 --> 0:10:56.559 two more hostages yesterday. For the latest were joined by 0:10:56.760 --> 0:11:01.240 Bloomberg News, Economy and government reporter Galite Alts joining us 0:11:01.440 --> 0:11:04.400 from Tel Aviv, Ghalie, Good morning, thank you for being 0:11:04.480 --> 0:11:08.760 with us. We understand French President Emanuel mccrun is meeting 0:11:09.280 --> 0:11:12.599 with Prime Minister Natan Yahoo right now. Do we know 0:11:12.720 --> 0:11:16.480 anything more about what the President of France is expected 0:11:16.520 --> 0:11:16.800 to say? 0:11:18.000 --> 0:11:21.600 Yes, som Hi, thanks for having me. Yes, they are 0:11:21.600 --> 0:11:25.240 a meeting now. The meeting has been taking place for 0:11:25.360 --> 0:11:27.679 over an hour at this on stage. We do not 0:11:27.920 --> 0:11:30.280 know on what they're going to say when they come out, 0:11:30.400 --> 0:11:34.720 but we have heard the French president called this morning 0:11:34.840 --> 0:11:38.160 for a resumption of peace process. That's what he said 0:11:38.440 --> 0:11:42.000 shortly after he arrived here in Israel. That's what he's 0:11:42.040 --> 0:11:45.079 expected to call for a little bit later. And I 0:11:45.160 --> 0:11:48.720 think that apart from that, the hostages are still pretty 0:11:48.760 --> 0:11:51.160 much at the center and the focus of attention, like 0:11:51.240 --> 0:11:54.840 you mentioned, generally speaking, and also you know, in connection 0:11:54.960 --> 0:11:57.199 with mccoen's visit here, he is supposed to meet some 0:11:57.400 --> 0:12:00.800 families who are a victim of the October seventh attacks, 0:12:00.920 --> 0:12:05.439 both who suffered deaths and also families who've had them 0:12:05.520 --> 0:12:08.000 their relatives taken hostage by Hamas. 0:12:08.400 --> 0:12:12.160 It is difficult to imagine a resumption of the peace 0:12:12.240 --> 0:12:15.760 process when we do continue to see air strikes carried 0:12:15.800 --> 0:12:19.959 out in Gaza and Hamas still holding what we think 0:12:20.040 --> 0:12:22.439 to be a couple of hundred hostages, even with the 0:12:22.559 --> 0:12:26.040 few that have been released. What is the impact of 0:12:26.200 --> 0:12:27.920 this diplomacy at this point. 0:12:28.520 --> 0:12:31.640 Yeah, so, first of all, I think, as you say, 0:12:31.800 --> 0:12:34.920 it is probably the hardest thing to imagine right now, 0:12:35.200 --> 0:12:39.559 any resumption of any peace process in the area. We're 0:12:39.600 --> 0:12:41.640 still seeing, you know, a stand still on the ground 0:12:41.679 --> 0:12:44.920 operation in Gaza, which has been very much anticipated over 0:12:44.960 --> 0:12:47.679 the last few days. And this is in favor of 0:12:48.120 --> 0:12:52.319 these back channel negotiations for hostage released, the latest umb 0:12:52.480 --> 0:12:54.959 of which, like you said, with the release of two 0:12:55.040 --> 0:12:59.880 more hostages last night. These were two Israeli women noting 0:13:00.080 --> 0:13:04.200 that because it's important since the very senior Israeli official 0:13:04.360 --> 0:13:07.360 tells us yesterday that Israel will not put up with 0:13:07.480 --> 0:13:10.800 the situation by which there is a differentiation being made 0:13:10.880 --> 0:13:15.719 between hostages who have dual nationalities. He was referencing the 0:13:15.800 --> 0:13:19.600 two hostages released over the weekend, when or American citizens 0:13:19.640 --> 0:13:23.280 as well, and essentially Israel Is saying everyone needs to 0:13:23.360 --> 0:13:28.800 be released to not leave our nationals behind. So that's 0:13:29.400 --> 0:13:32.240 one thing and I think that on your question on 0:13:32.280 --> 0:13:35.920 the diplomatic efforts, this is another reason, apart from the 0:13:36.000 --> 0:13:39.679 negotiations that are taking place to maybe you know, achieve 0:13:39.720 --> 0:13:42.280 the release or more hostages. I think that as long 0:13:42.360 --> 0:13:47.120 as leaders keep arriving in the region, but especially here 0:13:47.200 --> 0:13:50.920 in Israel, this is also holding back the ground operation because, 0:13:51.640 --> 0:13:54.840 as someone very familiar with the matter told me yesterday, 0:13:55.000 --> 0:13:59.160 Israel will not sort of embarrass these leaders by starting 0:13:59.240 --> 0:14:02.520 its ground up operation when they're here on the ground. 0:14:02.800 --> 0:14:04.920 So this is another reason for this delay. 0:14:05.400 --> 0:14:08.080 And part of the diplomacy is aimed at getting more 0:14:08.160 --> 0:14:11.720 humanitarian aid into Gaza as well. Can you update us 0:14:11.840 --> 0:14:13.520 on that effort how that's going. 0:14:14.200 --> 0:14:18.319 Yes, And I think that the hostage release situation is 0:14:18.520 --> 0:14:21.520 very well connected to the a that is being trickled 0:14:22.280 --> 0:14:24.880 and I'm using the world trickled for a reason into 0:14:24.960 --> 0:14:28.080 Gaza at this time, because you know, we've seen roughly 0:14:28.200 --> 0:14:31.280 sixty trucks or so go in to Gaza through the 0:14:31.440 --> 0:14:36.000 Rafa crossing, which is in Egypt, and humanitarian groups are 0:14:36.120 --> 0:14:39.200 arguing all the time that anything less than one hundred 0:14:39.280 --> 0:14:42.600 trucks a day is not enough to sustain the hundreds 0:14:42.640 --> 0:14:45.600 of thousands of refugees who have fled their homes in 0:14:45.760 --> 0:14:49.680 northern Gaza towards the south. So this is also way 0:14:49.880 --> 0:14:53.520 for Israel and maybe other countries, but I think mainly 0:14:53.680 --> 0:14:57.400 Israel to put pressure on hostage release kind of you know, 0:14:57.560 --> 0:15:01.560 creating an equation that says how Julius is also a 0:15:01.680 --> 0:15:04.960 humanitarian effort because many of them are children and women 0:15:05.080 --> 0:15:08.520 and elderly. So we want to see, you know, something 0:15:08.640 --> 0:15:12.360 moving forward with that as we maybe make an effort 0:15:12.440 --> 0:15:15.960 to allow more trucks and more humanitarian aid into the 0:15:16.040 --> 0:15:16.640 Gaza strip. 0:15:17.080 --> 0:15:19.480 Just about thirty seconds left here, Galib, But we've seen 0:15:19.520 --> 0:15:22.040 the President of the United States, as well as leaders 0:15:22.080 --> 0:15:25.800 from the UK, Germany and now France in Israel. How 0:15:25.840 --> 0:15:28.600 would you assess the message that is being brought to 0:15:28.920 --> 0:15:31.200 the Israelis from their allies. 0:15:32.720 --> 0:15:38.840 I think it's a very wide display of support for 0:15:39.040 --> 0:15:42.280 as well, but especially as far as the US goes. 0:15:42.760 --> 0:15:45.840 This also points to a very significant involvement of the 0:15:46.000 --> 0:15:48.440 US in everything that is going on here. 0:15:50.680 --> 0:15:53.720 This is Bloomberg Daybreak Today, your morning brief on the 0:15:53.760 --> 0:15:57.160 story's making news from Wall Street to Washington and beyond. 0:15:57.480 --> 0:16:00.240 Look for us on your podcast feed add six am 0:16:00.320 --> 0:16:03.920 Eastern each morning on Apple, Spotify, and anywhere else you 0:16:04.040 --> 0:16:05.000 get your podcasts. 0:16:05.320 --> 0:16:08.000 You can also listen live each morning starting at five 0:16:08.080 --> 0:16:10.680 am Wall Street Time on Bloomberg eleven three to zero 0:16:10.720 --> 0:16:14.160 in New York, Bloomberg ninety nine one in Washington, Bloomberg 0:16:14.200 --> 0:16:17.200 one oh sixty one in Boston, and Bloomberg ninety sixty 0:16:17.360 --> 0:16:18.280 in San Francisco. 0:16:18.680 --> 0:16:21.800 Our flagship New York station is also available on your 0:16:21.880 --> 0:16:26.880 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty. 0:16:27.000 --> 0:16:29.880 Plus listen coast to coast on the Bloomberg Business app, 0:16:30.000 --> 0:16:33.760 serious XM Channel one nineteen, the iHeartRadio app, and on 0:16:33.920 --> 0:16:37.360 Bloomberg dot com. I'm Nathan Hager and I'm Karen Moscow. 0:16:37.600 --> 0:16:40.320 Join us again tomorrow morning for all the news you 0:16:40.480 --> 0:16:43.640 need to start your day right here on Bloomberg Daybreak