Trump Pushes Iran on Deal; Former Prince Andrew Released After Arrest

Bloomberg Audio Studios, Podcasts, radio news.
Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
are the stories we're following today and Karen.
Oil is trading in near a six month high this
morning on concerns the US is moving closer to a
war with Iran. The military build up continues in the
Middle East, and President Trump says Iran has days to
agree to a deal over its nuclear program.
Now we may have to take it a step further,
or we maybe we're gonna make a deal. You're gonna
be finding out over the next probably ten days.
The US now has more forces in the Middle East
than at any point since the Iraq War.
As far as his domestic agenda, Nathan, President Trump is
declaring victory in the fight over cost of living concerns.
He paid a visit yesterday to the crucial battleground state
of Georgia.
What word have you not heard over the last two
weeks affordability? Because I've won, I've won affordability.
This signals a new approach by the President. He denied
problems with his economic agenda while touting stock market gains
to insist that is tariff playans have been a success.
Turning to the UK now, Karen, former Prince Andrew has
been released after he was detained on suspicion of misconduct
in public office. Let's go to London and get the
very latest from Bloomberg's Tiwa out of Bio.
Good morning Tia, Good morning Nathan, Karen. While the fallout
is continuing here in the UK after the unprecedented arrest
of former Prince Andrew mount Batton Windsor yesterday, the latest
is that he has now been released from police custody
under investigation. That was yesterday evening, Thames Valley Police confirming
the release of a man in his sixties in Norfolk,
not naming him as his per the national guidance here
in the UK. This arrest coming, of course, after revelations
about mister mount Batton Windsor's ties to convicted sex offender
Jeffrey Epstein. He has denied all wrongdoing in relation to Epstein.
Just in terms of the latest from the rest of
the royal family, Whilst this news was breaking yesterday, the
King was taking part in a public engagement at London
Fashion Week. He also released an official statement in which
he said the law must take its course in London
to you, added by Bloomberg Radio.
All right, Tiva, thank you. There is more fallout from
the Jeffrey Epstein case right here in the US. The
late sex offender's estate has agreed to pay up to
thirty five million dollars to resolve all outstanding legal claims
from women who have not already reached settlements. This proposed
settlement covers at least forty women who say they were
sexually abused or trafficked by Epstein between nineteen ninety five
and August tenth, twenty nineteen, the day he was found
dead in his jail cell. Their lawsuit was originally filed
in twenty twenty four against the Epstein estates two co
executors as longtime lawyer Darren Indike and accounted Richard Kahan.
Both men have not been accused of abusing women or
witnessing abuse. They've denied all liability to Epstein's victims and
agreed to the settlement terms without admitting fault.
A federal judge still has to approve Karen. Let's turn
now to the latest in the search for Nancy Guthrie.
Tomorrow will be three weeks since the mother of today's
show host Savannah Guthrie was seen at her home near Tucson.
The FBI has received more than twenty thousand tips, and
p mccounty Sheriff Chris Nano says every lead helps.
When those tips dry up, this case goes cold.
We believe somebody out there knows who did this.
We need that person to call us.
P mccunty Sheriff Chris Nano spoke to the ABC station
in Tucson. He says DNA evidence found at Guthrie's home
is still going through lab analysis and several hundred personnel
from multiple law enforcement agencies are assigned to the case.
Investigators have also identified an Ozark brand backpack the suspect
was seen wearing in surveillance footage. They're working to determine
where he bought other items. The FBI reward for information
that leads to Nancy Guthrie's return is up to one
hundred thousand dollars.
Let's turn to the markets now, Nathan, and futures are
higher as we close out the trading week and company news.
Netflix said it's proposed acquisition of Warner Brothers Discovery will
lead to more films in movie theaters is a key
concern from Hollywood. In an interview with Bloomberg, Netflix co
CEO Ted Sorrandos says he is highly confident he will
win the battle against Paramount sky Dance for Warner Brothers.
I think in the Alternative East, guy has gone, you know,
missed every deadline. They've been taking nine runs of this
bid and they was you know, they're not seeing their
bom except the outcome.
And Netflix's Ted Sorrandos made the comments earlier in an
interview with Bloomberg, and you can catch that interview as
well as live streaming news, all our Bloomberg TV shows, documentaries,
and more all in one place at Bloomberg dot com
Forward Slash videos. For the first time in decades, the
US imported more from Taiwan than China. In fact, US
purchases of goods from China plunged almost forty four percent
in December from a year earlier, while shipments from Taiwan
more than doubled during the same period to twenty four
point seven billion dollars. This Sirene Taiwanese shipments to the
US reflects the huge expand and supplies of chips and
servers for ai companies.
And US and Chinese fighter jeds briefly faced off Karen
above waters near the Korean Peninsula, marking a rare confrontation
in that area. Yon Hop News is reporting that the
US planes did not enter China's air defense identification zone,
but Beijing scrambled planes as they neared that region.
Time now for look at some of the other stories
making news in New York and around the world, and
for that we're joined by Bloomberg's Michael bar Michael, good morning.
Good morning, Karen. Forecasters are keeping an eye on a
developing coastal storm that will move up the eastern seaboard
Sunday into Monday. How much snow depends on its truck.
Bloomberg Media religis Rob Carolyn has the latest.
Michael.
We're still watching the potential for a coastal storm Sunday
into early Monday. The models are still in disagreement. The
US model brings the storm closest to the coast and
has the most accumulation. European models further to the south
and just kind of brushes the tristed area with a
little bit of light snow. For late Sunday and on
into Monday, we'll continue to monitor situation over the upcoming weekend. Hopefully,
by tomorrow the models will start to get an idea
exactly where the system is headed. I'm Rob, Carolyn Bloomberg Radio.
Thank you, Rob. President Donald Trump is directing federal agencies
to release government documents related to extraterrestrial life and unexplained
aerial phenomenons. President Trump accused former President Barack Obama of
giving away classified information when he discussed the idea of
extraterrestrial life during a recent podcast appearance. The US intelligence
community released a report in twenty twenty one detailing what
it knew about unidentified flying objects spotted by military pilots
over the past several decades. The National Governor's Association is
pulling out of an annual meeting at the White House
after President Trump declined to invite two Democratic governors. President
Trump is still expected to meet with the governors at
the White House today. Police Idaho are searching for a
suspect who stole an ambulance and then rammed it into
a Homeland Security office near Boise. Meridian Police Chief Tracy
Bastercha says then the suspect tried to set a fire,
but fled after being scared off by first responders.
There is no doubt this building would have been burned,
putting the lives of first responders and others.
For Chris, no one was injured. Actor Eric Dane has died.
Dane rose to fame as doctor Mark Sloan on TV's
Gray's Anatomy mcsteeny.
So what you call me now?
Mc steene?
Yeah, but I don't think.
You're supposed to know that.
He later starred on Euphoria. Last April, Dane shared his
diagnosis of als or lou Gerrig's disease. Eric Dane was
fifty three Global News twenty four hours a day and
whenever you want it with Bloomberg News Now Michael Barr
and this is Bloomberg Hery. Thanks Michael.
Time now for our Bloomberg Sports update, and for that
you bring John Stashauer.
Thanks Darren. US Olympic drama and all of it from women. First,
it was the hockey team who had been so dominant,
and then in the gold medal game against Canada, shut
out for fifty eight minutes. Finally Hillary Knight, the Camptain
scored sent the game to overtime, where Megan Keller scored
the US with a two to one victory over Canada
and the gold medal. Then it was the figure skating,
the free skate performance by Alyssa lou nearly three points
better than anyone first US women's goal since two thousand
and two. That's your Bloomberg Sports Update.
Stay with us. More from Bloomberg Daybreak coming up after this.
Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
and around the world on Bloomberg dot Com and the
Bloomberg Business out This is Bloomberg Daybreak.
Good morning, I'm Nathan Hager. Ten to fifteen days. That's
how long President Trump says Iran has to strike a
nuclear deal. As the US assembles a vast array of
military fours in the Middle East.
Now is the time for Iran to join us on
a path that will complete what we're doing. And if
they join us, that'll be great. If they don't join us,
that'll be great too, but it'll be a very different path.
I was President Trump speaking at the inaugural meeting of
his Board of Peace in Washington. Joining us from Dubai
this morning is Stuart Livingstone Wallace, head of Middle East
coverage for Bloomberg News Stuart, what does the path look.
Like at this moment?
Good morning, Good morning, Nathan. So it's a little bit uncertain,
other than we know that the time frame that we
were anticipating has been brought forward pretty significantly, and now
we have this sort of what looks like a hard
deadline of ten to fifteen days, which is a tall order.
I remember the last time it was a new cale
deal with Iran, it took roughly two years, So to
try and do it in ten to fifteen days is
going to be very difficult. But what underpins at this time,
as you mentioned, was this Bass military build up that
you've seen pretty much the biggest that we've seen in
about a quarter century since two thousand and three. So
the clock is ticking, and really what we're waiting for
is proposals to come from Iran for a potential third
round of negotiations that's supposed to arrive in the next
ten days or so, and I guess we're going to
see what's in those and whether that's going to be
enough to satisfy the US administration.
That is one of the ultimate questions, isn't it Whether
it is going to be enough When we've heard from Israel,
the Prime Minister Natan Yahoo suggesting that the US should
go for regime change potentially in Iran.
That's quite right. What we don't know, and what's not
clear at the moment is what exactly Trump's ambitions are
in in this regard. Does he want to go for
a short strike to try and wring some more concessions
out of Iran, certainly to expand the negotiations to things
like ballistic missiles and the regional proxies like ha Mass
has bollowed, the Hooties and so on, on top of
the nuclear file. You know, these are all very big
questions regime change. That is really up for debate about
whether you can achieve that with the amount of military
hardware that he has in the region, because you would presume,
not necessarily, but you would presume that it would require
boots on the ground, and that feels like a step
too far at the moment.
Let's talk about the build up that we have seen
at this point. You mentioned that it's the kind of
build up that we haven't seen in nearly a quarter century.
What kind of firepower is in the region at this moment.
You've got one carrier strike group that's already here, along
with a whole array of ships. You've got a second
one that's currently coming up to the Mediterranean. We're not
quite certainly where it's going to end up, but it
may well end up off the coast of Israel from
which it can launch attacks obviously, but also will play
a defensive role, because the assumption is that if it
escalates and escalates and escalates, it does have the potential
to become a regional war, and Israel would obviously be
a target, as it was in that twelve day more
than June last year. So on top of that, it's
been moving air defenses into the region that is specifically
Patriot and FAD missile systems. Again we presume of being
stationed around the numerous US military bases. But on top
of that, we have to think about the infrastructure that's
in the region and how critical that is for the
world's economy, specifically the oil fields as well as the
export ports. And we're all looking very careful at the
Persian Gulf, which carries something alike between a quarter and
a fifth of the world seaborne seaborne oil. So that
is the focus ready for us in the next several days.
With that kind of firepower a massed in the region,
and after the attack on Iran's nuclear facilities last summer
in our last minute Stewart, what kind of defense could
Iran potentially mount against the US?
I mean, the short answer is that it's massively out gone.
It has no aircraft carries, it has no helicopter carries,
and no destroyers. It has a handful of frigates and corvettes,
so from that point of view, not a great deal.
It does have a significant stockpile of ballistic missiles and
they are a genuine concern as well as the so
called asymmetric warfare that you find with drones and that
there's an unknown to your bos. So it really depends
on what in the eventuality of attackling the role, and
what it decides to do in terms of retaliation. Does
it go for the symbolic or no retaliation that we
saw largely last year, what does it try and escalate
the situation. So that's really something that we're looking. Our
assumption is if it's going to go for serious retaliation,
it will target shipping that seems to be potentially the
easiest targets for it. You saw that playbook with the
Hoosi's in the Red Sea for the last several years,
and that can be incredibly disrupted.
This is Bloomberg Daybreak, your morning podcast and the stories
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