Netanyahu Pushes Back on Biden; US China Tariffs

Bloomberg Audio Studios, Podcasts, Radio News. 0:00:09.800 --> 0:00:12.600 Good morning, I'm Nathan Hager and I'm John Tucker. Here 0:00:12.640 --> 0:00:14.160 are these stories we're following today. 0:00:14.240 --> 0:00:16.840 John, we begin with the latest on the Israel Hamas war. 0:00:17.000 --> 0:00:20.439 Israeli Prime Minister Benjamin Netanyah, who says his country will 0:00:20.440 --> 0:00:23.520 fight even without US help. He says it must continue 0:00:23.520 --> 0:00:28.000 its offensive against Hamas in the southern Gaza city of Rafa. Ntayah, 0:00:28.040 --> 0:00:31.440 who discussed a potential invasion in an interview on Doctor 0:00:31.480 --> 0:00:33.920 Phil Primetime on Merritt Street Media. 0:00:34.360 --> 0:00:37.720 In the Holocaust, we stood alone, but we were defenseless, 0:00:38.200 --> 0:00:43.240 and today, if Israel has to stand alone, we'll stand alone. 0:00:43.880 --> 0:00:47.360 Benjamin Netanyahu's comments follow President Biden's warning that he will 0:00:47.680 --> 0:00:50.839 pause additional shipments of offensive weapons to Israel if it 0:00:50.920 --> 0:00:54.080 launches an invasion. Netanyah, who says Israel will do its 0:00:54.160 --> 0:00:56.720 utmost to make sure civilians leave Rafa, where more than 0:00:56.760 --> 0:00:59.320 a million people are sheltering, before any attack. 0:01:00.120 --> 0:01:03.040 This morning, Nathan, we're learning the protesters at Harvard are 0:01:03.120 --> 0:01:06.319 vowing to continue to encampment at Harvard Yard. Talks with 0:01:06.360 --> 0:01:10.880 the school administration failed. The protesters demanding Harvard University disclosed 0:01:10.880 --> 0:01:13.720 and divests from companies linked to Israel, or they'll stay 0:01:13.840 --> 0:01:17.200 in their tents and continue and encampment in Harvard Yard. 0:01:17.400 --> 0:01:19.959 That's according to an instagram pulls from the group Harvard 0:01:20.040 --> 0:01:24.039 Out of Occupying Palestine. They posted that the interim president 0:01:24.080 --> 0:01:27.119 Alan Garber rejected that proposal and exchange for taking down 0:01:27.160 --> 0:01:30.240 their encampment. Garver this week Warm protesters they needed to 0:01:30.360 --> 0:01:34.160 end their encampment or face consequences, including suspension. 0:01:34.560 --> 0:01:38.880 Was Israel continues to consider a Rafa invasion. John Whitehouse 0:01:38.959 --> 0:01:43.080 National Security spokesman John Kirby says the Biden administration shares 0:01:43.240 --> 0:01:46.880 Israel's goal of eradicating Hamas, but he says quote smashing 0:01:46.920 --> 0:01:51.320 into Rafa would not advance Israel's aim. Kirby reiterated the 0:01:51.400 --> 0:01:53.760 US as pausing but has not yet canceled a shipment 0:01:53.800 --> 0:01:56.640 of about thirty five hundred bombs. Carmeil Arbitt with the 0:01:56.720 --> 0:02:00.920 Atlantic Council tells Bloomberg, Israel thinks the administrations pauses having 0:02:01.080 --> 0:02:03.080 serious diplomatic ramifications. 0:02:03.680 --> 0:02:06.240 Israel and its supporters have been very quick to point 0:02:06.240 --> 0:02:09.440 out that not only is this emboldening Hamas in the 0:02:09.480 --> 0:02:13.960 context of negotiations where Israel has tried to use RAFA 0:02:14.000 --> 0:02:17.400 as a leveraging tool to push Hamas closer to israel 0:02:17.440 --> 0:02:20.480 Ces fire position. But it also sends a message to 0:02:20.760 --> 0:02:23.840 Hezbola and to Iran that there is a wedge between 0:02:23.880 --> 0:02:25.400 the United States and Israel. 0:02:25.560 --> 0:02:27.760 Karmiel Arbid of the Atlantic Council adds, this is the 0:02:27.800 --> 0:02:30.720 highest friction point between the two countries since President Biden 0:02:30.760 --> 0:02:32.680 took office. You can hear more of her thoughts on 0:02:32.680 --> 0:02:35.760 the Bloomberg Balance of Power podcast. You can find that 0:02:35.840 --> 0:02:38.760 on Apple, Spotify or manywhere else you get your podcasts. 0:02:38.800 --> 0:02:41.919 And meanwhile at Washington, Bloomberg News has learned President Biden 0:02:42.000 --> 0:02:44.680 is going to unveil tariffs against China as soon as 0:02:44.720 --> 0:02:49.040 next Tuesday, marketing one of the administration's biggest moves against 0:02:49.120 --> 0:02:52.280 Chinese trade. At Bloomberg, Stephen angel Is in Hong Kong. 0:02:52.600 --> 0:02:55.559 He says the tariffs will target three key industries. 0:02:56.000 --> 0:02:59.320 These new tariffs would be very targeted at the three 0:02:59.480 --> 0:03:03.799 key green industries that She Jinping has essentially earmarked as 0:03:03.880 --> 0:03:06.880 priorities for investment, the new three as he called it 0:03:06.880 --> 0:03:09.600 at the National People's Congress in March, and that is 0:03:09.760 --> 0:03:11.679 electric vehicles, batteries. 0:03:11.240 --> 0:03:14.560 And solar Bloomber Steven Angels says Biden's plans are a 0:03:14.600 --> 0:03:18.080 contrast to Donald Trump's pledge to levey his sixty percent 0:03:18.200 --> 0:03:21.720 tax on all Chinese imports if he wins November's election. 0:03:22.200 --> 0:03:26.120 As for former President Trump, john his hush money trial 0:03:26.240 --> 0:03:31.280 continues in Manhattan, and Stormy Daniels has wrapped up her 0:03:31.320 --> 0:03:34.520 testimony recounting the affairs she says she had with the 0:03:34.560 --> 0:03:38.080 former president. The adult film actress was grilled by one 0:03:38.120 --> 0:03:40.000 of Trump's lawyers who aimed to portray her as an 0:03:40.000 --> 0:03:44.320 extortionist and a liar. Brown University professor Wendy Schiller says 0:03:44.400 --> 0:03:46.800 it's not clear how her testimony could shift the jury, 0:03:46.840 --> 0:03:49.320 but she thinks the trial will affect the twenty twenty 0:03:49.360 --> 0:03:49.920 four election. 0:03:50.360 --> 0:03:54.040 Trump has been brilliant in getting both fundraising from his 0:03:54.160 --> 0:03:57.320 donors but also the RNC to pay a lot of 0:03:57.360 --> 0:03:59.880 his bills, and that means they can't fund things like 0:04:00.160 --> 0:04:03.080 organize and get out the vote, help their county chairs 0:04:03.280 --> 0:04:06.920 and help Senate candidates in swing states, and those two 0:04:07.000 --> 0:04:09.720 kinds of campaigns are going to be crucial to either 0:04:09.800 --> 0:04:11.280 side's victory in November. 0:04:11.520 --> 0:04:14.720 Wendy Scheller, Brown University says Trump continues to critique the 0:04:14.840 --> 0:04:17.839 charges against him. He's calling the judge in the hush 0:04:17.920 --> 0:04:21.200 money trial a disgrace after he refused to throw out 0:04:21.200 --> 0:04:22.400 the case for a second time. 0:04:22.680 --> 0:04:26.360 Attorning to Markets Now, stocks did rally on Earning's optimism. 0:04:26.600 --> 0:04:30.560 We also had to inflation data applications for US unemployment 0:04:30.560 --> 0:04:33.960 benefits coming in higher than expended yesterday. This comes ahead 0:04:33.960 --> 0:04:38.039 of next week's key CPI reading. Sarah House, senior US 0:04:38.080 --> 0:04:41.080 economists with Wells Fargo, says a hotter pread likely to 0:04:41.160 --> 0:04:43.080 keep rates higher for longer. 0:04:43.520 --> 0:04:46.559 Looking very hard at court at the core, just given 0:04:46.600 --> 0:04:48.440 that you have had three months in a row of 0:04:48.520 --> 0:04:51.160 upside surprises, and we really need to see the core 0:04:51.279 --> 0:04:53.279 begin to downshift if you are going to keep even 0:04:53.320 --> 0:04:55.440 the potential of even a September cut. 0:04:55.560 --> 0:04:59.080 Sarah House with Wells Fargo telling Bloomberg she can't completely 0:04:59.160 --> 0:05:02.200 rule out a pial rate hike this year, but believes 0:05:02.279 --> 0:05:05.280 jpwell set the bar very high for any hikes in 0:05:05.320 --> 0:05:06.840 his latest pressure. 0:05:06.720 --> 0:05:10.880 Well In Europe, John the UK has officially exited recession 0:05:11.000 --> 0:05:13.920 after its strongest quarter of growth in nearly three years. 0:05:14.040 --> 0:05:17.200 GDP expanded by six tenths of one percent in the 0:05:17.240 --> 0:05:22.160 first quarter, beating all estimates. Elizabeth Martin's senior economist at HSBC, 0:05:22.279 --> 0:05:24.400 says it's worth keeping the figure in perspective. 0:05:24.800 --> 0:05:26.919 My slight worry about it is that some of this 0:05:27.080 --> 0:05:30.400 recovery was based on expectations towards the end of last year. 0:05:30.400 --> 0:05:32.760 The interest rates were kind of come down quite sharply, 0:05:33.400 --> 0:05:36.360 and the market has reprised away from that, and the risks, 0:05:36.400 --> 0:05:38.880 I guess have kind of grown, So it becomes a 0:05:38.920 --> 0:05:42.039 bit circular. The stronger the economy, the stronger employment and 0:05:42.080 --> 0:05:44.560 wages and inflation, and the less able the Bank of 0:05:44.600 --> 0:05:46.560 England is to deliver some of those. 0:05:46.400 --> 0:05:51.000 Cuts, and HSBC's Elizabeth martinads next year's GDP forecast for 0:05:51.040 --> 0:05:53.400 the UK is still set to be the worst in 0:05:53.440 --> 0:05:54.200 the G seven. 0:05:54.560 --> 0:05:57.440 And in tech, Apple's set to deliver some of its 0:05:57.480 --> 0:06:01.719 upcoming artificial intelligence features this year via data centers equipped 0:06:01.760 --> 0:06:05.040 with its own AI capabilities. This part of his sweeping 0:06:05.080 --> 0:06:08.800 effort to infuse its devices with AI capabilities, but also 0:06:08.839 --> 0:06:13.120 mark Sample's much anticipated push into generative artificial intelligence, the 0:06:13.360 --> 0:06:17.920 technology behind chat, GPT and other popular tools. The companies 0:06:17.960 --> 0:06:20.720 playing ketchup with big tech rivals in the area, but 0:06:20.920 --> 0:06:23.760 he is pois to lay out an ambitious AI strategy 0:06:23.880 --> 0:06:27.960 at its worldwide Developers conference that is sent for June tenth. 0:06:28.240 --> 0:06:33.080 As for staffing strategies in corporate America, John Pershing Square 0:06:33.120 --> 0:06:37.040 founder Bill Ackman was reportedly criticized for his attacks on diversity, 0:06:37.080 --> 0:06:40.440 equity and inclusion during a closed door panel discussion at 0:06:40.480 --> 0:06:44.200 the Milken Conference in Los Angeles. Ackman had previously labeled 0:06:44.240 --> 0:06:48.560 DEI as inherently racist and illegal. About forty people, including 0:06:48.560 --> 0:06:51.239 some of Wall Street's most senior executives of color, confronted 0:06:51.279 --> 0:06:54.159 him about these views. In a statement afterward, Acman said 0:06:54.200 --> 0:06:57.440 he's written thousands of words about his quote nuanced views 0:06:57.440 --> 0:07:00.320 on this important topic. He asked people to read them 0:07:00.320 --> 0:07:02.200 to fully understand his perspective. 0:07:06.120 --> 0:07:06.320 Yeah. 0:07:06.360 --> 0:07:08.880 That brings us to five eight of Wall Street Time 0:07:08.920 --> 0:07:10.600 down for a look at some of the other stories 0:07:10.800 --> 0:07:14.040 making news in New York and around the world over 0:07:14.080 --> 0:07:17.160 that which joined by Bloomberg's Michael Barr Michael, good morning. 0:07:16.960 --> 0:07:19.560 Good morning John. The man who attacked three New York 0:07:19.560 --> 0:07:22.680 City police officers with a machete on New Year's Eve 0:07:22.800 --> 0:07:27.400 in twenty twenty two, was sentenced yesterday. Prosecutors say Trevor 0:07:27.440 --> 0:07:30.720 Bickford was sentenced to twenty seven years in prison for 0:07:30.840 --> 0:07:34.640 ambushing the NYPD officers in the name of jihad and 0:07:34.720 --> 0:07:38.320 Times Square. The officers who were attacked in the head 0:07:38.440 --> 0:07:42.800 were seriously injured. Bickford pleaded guilty to attempted murder and 0:07:42.920 --> 0:07:46.520 assault on January eleventh. For the attack. Authorities say he 0:07:46.640 --> 0:07:50.040 traveled from his home in Maine to New York City to, 0:07:50.280 --> 0:07:54.240 in his words, wage jihad and kill as many targets 0:07:54.280 --> 0:07:57.560 as possible. Severe weather he hit for a fourth straight 0:07:57.600 --> 0:08:01.080 overnight in much of the South. Storms ravage parts of 0:08:01.200 --> 0:08:04.600 Middle Tennessee. A woman was killed and over one hundred 0:08:04.600 --> 0:08:08.480 homes damaged in Moray County, south of Nashville. Governor Bill 0:08:08.560 --> 0:08:12.240 lead tour the aftermath of an EF three tornado that 0:08:12.320 --> 0:08:15.560 tour through Columbia. He says, homes, we're devastated. 0:08:15.840 --> 0:08:16.640 It's heartbreaking. 0:08:18.400 --> 0:08:21.000 He realized that you don't know what it feels like 0:08:21.080 --> 0:08:24.800 to be that family, but you know that it must 0:08:24.880 --> 0:08:25.560 be awful. 0:08:26.120 --> 0:08:28.920 Since Monday, there have been nearly one hundred reported or 0:08:29.040 --> 0:08:33.839 confirmed tornadoes across eighteen states. The NYPD says one woman 0:08:33.960 --> 0:08:37.160 is dead and another is in critical condition after they 0:08:37.160 --> 0:08:40.640 were struck by a vehicle in Bushwick, Brooklyn. It happened 0:08:40.640 --> 0:08:43.920 after five pm at the intersection of Eldert Street and 0:08:44.000 --> 0:08:47.200 Knickerbocker Avenue. The two victims were said to be a 0:08:47.240 --> 0:08:50.160 seventy one year old mother who died and her forty 0:08:50.240 --> 0:08:53.200 four year old daughter. Police say the vehicle, a blue Mazda, 0:08:53.320 --> 0:08:56.319 sped through the intersection with police behind it when the 0:08:56.400 --> 0:08:59.840 driver crashed into a van and the victims. The driver 0:09:00.080 --> 0:09:03.040 the vehicle with Massachusetts plates took off on foot and 0:09:03.040 --> 0:09:06.959 it's still on the loose. The Biden administration wants hospitals 0:09:07.000 --> 0:09:11.160 to meet minimum cyber security standards after a single hack 0:09:11.240 --> 0:09:15.479 exposed the data of one hundred million Americans, and Newburger, 0:09:15.559 --> 0:09:19.880 Deputy National Security Advisor for Cyber and Emerging Technology, we. 0:09:19.960 --> 0:09:23.760 Launched a platform where countries can share indicators, a compromise, 0:09:24.240 --> 0:09:26.320 can actually collaborate to say, here's what we're seeing in 0:09:26.320 --> 0:09:26.800 a hospital. 0:09:26.800 --> 0:09:27.840 Has anybody else seen this? 0:09:28.360 --> 0:09:29.440 And the goal in all. 0:09:29.320 --> 0:09:32.920 Of this is to make it riskier, costlier, and harder 0:09:33.320 --> 0:09:34.120 for attackers. 0:09:34.440 --> 0:09:38.520 Newburger spoke at the Bloomberg Tech Summit in San Francisco yesterday. 0:09:38.800 --> 0:09:43.040 The announcement follows Ascension as the latest healthcare system to 0:09:43.080 --> 0:09:46.400 have a cyber security problem. Global news twenty four hours 0:09:46.440 --> 0:09:49.280 a day and whenever you want it with the Bloomberg News. Now, 0:09:49.400 --> 0:09:51.800 I'm Michael Barr, and this is Bloomberg. 0:09:51.880 --> 0:09:59.160 John, Michael, thank you, and that brings us to five 0:09:59.240 --> 0:10:01.720 ten of time down for the Bloomberg Sports Update. 0:10:01.800 --> 0:10:02.200 Man for that. 0:10:02.600 --> 0:10:04.200 Good morning, John Stashower. 0:10:03.840 --> 0:10:04.880 Good morning, John Tucker. 0:10:04.880 --> 0:10:06.959 To win the Stanley Cup, you need to win sixteen 0:10:07.000 --> 0:10:09.880 playoff games. The Rangers are almost halfway there and they've 0:10:09.960 --> 0:10:12.800 yet to lose, now seven to zero, with the last 0:10:12.840 --> 0:10:15.240 two wins both coming in overtime. Game three at Carolina, 0:10:15.280 --> 0:10:18.640 the Hurricanes led, then the Rangers led, Kanes scored late 0:10:18.679 --> 0:10:21.360 in regulation to tie. It was decided early in ot 0:10:22.080 --> 0:10:24.680 Let's sidle up for a year, sends it in Brown. 0:10:24.800 --> 0:10:27.920 The boards had gone Miss Tyrol long played the time. 0:10:30.800 --> 0:10:32.360 Yes, Yes. 0:10:33.400 --> 0:10:37.520 The Rangers with it in over time and lead the 0:10:37.760 --> 0:10:41.240 series three games today w EPN. 0:10:41.320 --> 0:10:42.080 They won three too. 0:10:42.240 --> 0:10:44.360 By the way, it was our Timmy Peneren scoring the 0:10:44.440 --> 0:10:47.040 game winning goal of brilliant tipping through his legs at 0:10:47.040 --> 0:10:50.240 a minute forty three into sudden death. Earlier Ranger goals 0:10:50.280 --> 0:10:53.760 by Chris Cryder shorthanded lexis left Frontier Rangers go for 0:10:53.880 --> 0:10:55.079 the sweep tomorrow night. 0:10:55.160 --> 0:10:57.199 Good night to the team from Dallas. The Stars, who 0:10:57.240 --> 0:10:57.920 blew a three. 0:10:57.880 --> 0:11:00.319 Goal lead in Game one nearly blew a four goal 0:11:00.440 --> 0:11:02.280 lead in Game two with the hell Non beat Colorado 0:11:02.360 --> 0:11:05.320 five to three. The MAVs won at Oklahoma City one 0:11:05.400 --> 0:11:07.440 nineteen one to ten. That series also tied to one, 0:11:07.520 --> 0:11:10.679 and so is the Cavs Celtics series. Cleveland lost the 0:11:10.760 --> 0:11:13.720 opener by twenty five one last night in Boston by 0:11:13.760 --> 0:11:16.959 twenty four, So it's acquiring og Onanobi and a Trey 0:11:17.000 --> 0:11:19.160 of Toronto. The Knicks record with him in the lineup 0:11:19.280 --> 0:11:22.400 is twenty six and five. He won't play tonight Game 0:11:22.480 --> 0:11:24.640 three in Indiana, out with a strain hamstring. 0:11:24.760 --> 0:11:26.839 Not known if or when he'll return. Nicks look to 0:11:26.880 --> 0:11:27.960 go up three to nothing in the series. 0:11:28.000 --> 0:11:31.400 The Phoenix Suns fired coach Frank Vogel after one season. 0:11:31.480 --> 0:11:34.120 Widely reported the favorite to replace him as Mike Budenholzer. 0:11:34.440 --> 0:11:37.120 He won a championship with Milwaukee the Stadium Astros at 0:11:37.160 --> 0:11:39.720 two first hitting homers off Marcus Stroman beat the Yankees 0:11:39.760 --> 0:11:40.200 four to three. 0:11:40.559 --> 0:11:42.160 Anthony Volpin Aaron Judge homer to. 0:11:42.200 --> 0:11:45.600 Defeat Quail Hollow Golf and Charlotte's Andrews Shopley shot seven 0:11:45.679 --> 0:11:48.439 under leads by three at the LPGA Clift in New Jersey. 0:11:48.520 --> 0:11:51.840 Nelly Corda looking to make history by winning six tournaments 0:11:51.840 --> 0:11:54.640 in a row, which she's tied for eighteen six shots 0:11:54.679 --> 0:11:55.240 off the pace. 0:11:55.640 --> 0:11:58.440 John Stashedward Bloomberg's Boots Johnaitham. 0:12:00.120 --> 0:12:04.120 Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 0:12:04.320 --> 0:12:07.160 and around the world on Bloomberg dot Com and the 0:12:07.240 --> 0:12:08.440 Bloomberg Business app. 0:12:08.679 --> 0:12:10.559 This is Bloomberg Daybreak. 0:12:11.080 --> 0:12:11.480 Good morning. 0:12:11.520 --> 0:12:14.360 I'm Nathan Hager. If we have to stand alone, we 0:12:14.559 --> 0:12:17.640 will stand alone. That was the initial response from Israeli 0:12:17.679 --> 0:12:21.720 Prime Minister Benjamin Netanyahu to President Biden's decision to withhold 0:12:21.800 --> 0:12:24.960 some bomb shipments ahead of a possible attack on Rafa. 0:12:25.520 --> 0:12:27.760 But the Israeli Prime Minister may be trying to smooth 0:12:27.800 --> 0:12:30.440 things over a bit. In an interview with TV's Doctor 0:12:30.640 --> 0:12:33.319 Film and for more. We're joined now by Bloomberg's Israel 0:12:33.360 --> 0:12:37.160 Bureau chief Ethan Bronner in Tel Aviv. Ethan, good morning. 0:12:37.360 --> 0:12:40.040 So in this interview, the Prime Minister said he's had 0:12:40.080 --> 0:12:43.959 disagreements with President Biden before and they've overcome them before. 0:12:44.320 --> 0:12:48.360 How could the is the US and Israel overcome this 0:12:48.640 --> 0:12:49.520 current disagreement. 0:12:51.040 --> 0:12:54.719 Good morning, Nathan Well. I suppose the answer would be 0:12:54.880 --> 0:12:57.360 to somehow split the difference. That is to say, if 0:12:58.440 --> 0:13:03.160 the Americans are especially concerned about civilian casualties, if Israel 0:13:03.240 --> 0:13:06.400 goes into Rafa. So in theory, if Israel were to 0:13:06.520 --> 0:13:10.000 really move people out in some systematic fashion and then 0:13:10.520 --> 0:13:13.920 have a more targeted set of attacks at the hamas 0:13:15.080 --> 0:13:19.600 militants underground there and the number of people killed is low, 0:13:20.320 --> 0:13:23.079 I mean, the number of civilians killed is low. In theory, 0:13:23.320 --> 0:13:27.000 that might be some form of reconciliation, right. I mean, 0:13:27.040 --> 0:13:29.400 I think that the biggest problem for Israel is that 0:13:29.480 --> 0:13:31.559 it's got a two front ward both in Gaza and 0:13:31.600 --> 0:13:34.080 then in the North, and if it doesn't have US 0:13:34.200 --> 0:13:36.520 bombs and weapons, it's going to be in a little 0:13:36.559 --> 0:13:39.520 bit of trouble. So the pressure has some meaning. 0:13:40.679 --> 0:13:43.480 Are we seeing any evidence at this point that Israel 0:13:43.679 --> 0:13:46.800 could be headed that way when it comes to getting 0:13:46.840 --> 0:13:49.720 civilians out of harm's way taking a more targeted approach. 0:13:50.720 --> 0:13:54.360 You know, they've been saying some version of this on 0:13:54.559 --> 0:13:56.960 and off for many many weeks. I think we really 0:13:57.120 --> 0:13:59.360 don't know. One of the difficulties right now is that 0:13:59.440 --> 0:14:02.679 we are all so at some kind of a hinge 0:14:02.760 --> 0:14:07.160 point in these negotiations mediated by the US at Katar 0:14:07.280 --> 0:14:11.360 in Egypt with Hamas for an exchange and a ceasefire. 0:14:11.880 --> 0:14:16.920 So if that comes about, and I'm not especially optimistic, 0:14:17.000 --> 0:14:20.680 but if it comes about, then there will be some 0:14:20.880 --> 0:14:23.760 weeks without fighting, and then you never know where that goes, right. 0:14:23.840 --> 0:14:26.480 I mean, that's a little bit why hardliners in this 0:14:26.600 --> 0:14:30.280 country don't want there to be too much of a ceasefire, 0:14:30.360 --> 0:14:32.680 but the government says it's willing if they can get 0:14:32.760 --> 0:14:36.400 hostages back, so I think there is some reason to 0:14:36.480 --> 0:14:38.920 think that. And what I'm saying also is that as 0:14:39.040 --> 0:14:42.080 Israel edges toward Rafa, part of it is to pressure 0:14:42.280 --> 0:14:43.320 these negotiations. 0:14:43.400 --> 0:14:44.040 So it's kind of a. 0:14:44.080 --> 0:14:47.960 Double game in reality happening but also sending a message. 0:14:48.400 --> 0:14:51.920 It's difficult to really know what the ultimate attack in 0:14:52.040 --> 0:14:53.600 Rafack is going to be. I want to add one 0:14:53.640 --> 0:14:56.480 other thing, which is that there are reports that they've 0:14:56.520 --> 0:14:59.360 been talking about and waiting so long that the so 0:14:59.520 --> 0:15:02.960 called for battalions underground in Rafa may now be down 0:15:03.000 --> 0:15:07.480 to two or three with Hummas fighters having moved back 0:15:07.560 --> 0:15:10.320 to the center of the Gaza strip to Han Yunis 0:15:10.440 --> 0:15:13.080 and Deir Balach. You know, I don't know that, but 0:15:13.200 --> 0:15:15.360 it is an interesting problem if true. 0:15:15.880 --> 0:15:18.400 Wellly about thirty seconds left Ethan. We've heard a lot 0:15:18.520 --> 0:15:20.760 about what hardliners are looking for when it comes to 0:15:21.040 --> 0:15:24.040 an invasion of Rafa. What are these rarely people looking 0:15:24.120 --> 0:15:24.680 for right now? 0:15:25.720 --> 0:15:29.280 I would say that the Israeli people, by a slight majority, 0:15:29.360 --> 0:15:34.000 would rather see a hostage deal, and they do generally 0:15:34.120 --> 0:15:38.000 think it's important to destroy Hamas, but they're really eager 0:15:38.120 --> 0:15:41.200 to get back the one hundred plus people, many of 0:15:41.280 --> 0:15:44.560 them dead, about half probably dead, half living, half dead, 0:15:44.800 --> 0:15:47.680 that are still in the hands of Hamas. That is 0:15:47.800 --> 0:15:49.680 their top priority right now. 0:15:50.040 --> 0:15:53.080 This is Bloomberg Daybreak Today, your morning brief on the 0:15:53.120 --> 0:15:56.480 stories making news from Wall Street to Washington and beyond. 0:15:56.720 --> 0:15:59.000 Look for us on your podcast feed by six am 0:15:59.080 --> 0:16:02.800 Eastern each morning, on Apples, Spotify, and anywhere else you 0:16:02.920 --> 0:16:04.000 get your podcasts. 0:16:04.280 --> 0:16:06.920 You can also listen live each morning starting at five 0:16:07.000 --> 0:16:09.600 am Wall Street time on Bloomberg eleven three to zero 0:16:09.640 --> 0:16:13.080 in New York, Bloomberg ninety nine one in Washington, Bloomberg 0:16:13.120 --> 0:16:16.160 one oh sixty one in Boston and Bloomberg nine sixty 0:16:16.280 --> 0:16:17.200 in San Francisco. 0:16:17.520 --> 0:16:20.160 Our flagship New York station is also available on your 0:16:20.200 --> 0:16:25.080 Amazon Alexa devices. 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