Gaza Hostage Exchange; Trump & Vance Open Door to China Deal

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.
Karen, we begin in the Middle East, where Hamas has
released all twenty living Israeli hostages from the Gaza Strip
after two years of war. The release comes as President
Donald Trump has arrived in Israel on a Middle East
trip to celebrate the ceasefire deal. Now from Bloomberg Middle
East correspondent Jumana Borsecci, President.
Trump has been saying that this is the end of
the war and this is the beginning of peace, and
so the expectation is that that is the message that
he would like to hammer home, the fact that this
really is a turning point for the region, and that
he has been the only US president He's likely to
say that that has been able to bring about this development.
The war has been going on for two years now,
multiple failed attempts at negotiations at diplomacy shuttle diplomacy, and
things were looking at Little Harry a month ago after
that Doha attack when Israel went after the senior Hamas
official senior negotiators operating in Doha. But since then there's
really been a renewed optimism, renewed push out of the
Trump administration to bring about this breakthrough, and all of
that came to fruition just in the last couple of.
Days, bloombergs Jamanibar said. She says under the terms of
the agreement, once the hostages are freed, Israel is obliged
to release almost two thousand Palestinian prisoners and has also
agreed to allow much more aid into the devastated Mediterranean territory.
Al Jazeera is reporting a group of Palestinian prisoners is
now on buses on their way to the West Bank
as part of that exchange.
Well, Nathan, there are new developments on the trade front,
and that has stock futures rallying following Friday shell off
on walls straight right now, S and P futures are
up one point four percent. The wine House is signaling
it's open to doing a deal, which Shina to calm
fresh trade tensions days after announcing new one hundred percent
tariffs affective November first. The relationship soured last week when
China announced new export controls on rare earths. Speaking to
reporters on board Air Force one, the President expressed some optimism.
I think we're going to be fine with John. Look,
I have a great relationship with Presidencie. He's a very
tough man, he's a very smart man. He's a great
leader for their country. He's a great leader, and I
have a great relationship with him. I think we'll get it. Said,
I know what happened. I really understand what happened, and
I'm not even saying he's wrong. But then we met
him with something much tougher than what he did to us.
And President Trump also posted on social media quote, don't
worry about China. It will all be fine.
Well, Karen, there's no end of the spending standoff in Washington.
This is day thirteen of the federal government shutdown, and
both sides are hardening their positions after the White House
order the first round of permanent layoffs on Friday. Visit
in Jade Vance is penning the blame on Democrats.
We're trying to do everything that we can to ensure
that low income women and children get.
The food services that they need.
We're trying to make sure that we pay our troops
because that matters for national security. We also want our
people to get their paychecks. That's where we've been focused.
And unfortunately, what that does mean, Margaret, is that some
federal bureaucrats are going to have to get laid off.
Vice President Jadvance discussed the shutdown with Margaret Brennan on
CBS's Face the Nation, as heard on Bloomberg Radio. But
Democrats are sticking to their demand that Republicans negotiate an
extension of healthcare subsidies before they'll agree to a stopgap
spending bill. Housmanardi Leader Hakim Jeffries addressed that on Fox
New Sunday, also heard on Bloomberg Radio.
Open enrollment starts on November first. Tens of millions of
Americans are receiving notices right now that their premiums, copes,
and deductibles are about to explode, which is why we
need to address it. Even Marjorie Taylor Green agrees that
we have to address this health insurance crisis right now.
House Democratic Leader Hakim Jeffrey. And as the shutdown continues,
military service members are said to miss their first paychecks
on Wednesday. President Trump says his administration has found the
funds to pay them, but it's not clear if they'll
receive full paychecks or whether the president has the legal
authority to deliver them.
Let's go to Europe now, Nathan and President mccron has
announced a new French cabinet, including his last Prime Minister,
Sebastian Lecorneu. The announcement comes amids growing pressure to prevent
a political crisis and pass a budget. In Bloomberg's Caroline
Conan has more from Paris.
I don't know if you know the movie Grand hog Day,
but it feels like this in fans at the moment.
Kenn of leaving the same day again and again. So
after he resigned last Monday, Lucone was appointed again on
Friday night round ten pm French time, saying you accepted
the mission as of duty, that his only mission would
be to pass a budget.
And Bloomber's Caroline Conan says it all leaves Lecornew tasked
with getting a budget approved before the end of the year,
as well as fending off an ill confidence vote later
this week.
I'm back here in the US, Karen and nor'easter is
churning up the East Coast, prompting declarations of a state
of emergency in New Jersey and parts of New York State.
Let's get the very latest from Bloomberg meteorologists Rob Carrol
and good morning, Rob.
Good morning Nathan. We have an area of low pressure
this morning, which is east of Atlantic City. It's producing
rain from southern New England across the New York City
area down the coast all the way to Washington. The
storm system is going to be moving very very slowly,
so it looks like more rain and wind throughout the
day from the Boston area through New York City and
on into Washington. We'll see coastal areas seeing winds at
times over thirty miles an hour. The New York City
area is under a wind advisory through six pm. Eastern
Long Island it's a high wind warning through two pm
this afternoon.
Well, Rob, when do you expect all this to end?
Then, Well, it looks like the rain will come to
an end as showers tonight, Nathan in the district and
also in the New York City area. But rain is
likely to linger across Boston right on and through Tuesday evening.
I'm Rob Carolyn Bloomberg Radio.
All right, Rob, thank you, while we turned back to
the markets. Now we're earnings our front and center this
week We get a preview with Bloomberg's Charlie pelling.
Big banks lead off, but we'll also hear from United
Airlines CSX and Johnson and Johnson. The reports come amid
heightened trade tensions and questions about a bubble in AI shares.
Cam Dawson is chief investment staergist at New Edge Wealth.
The big question is will we see the same kind
of big beats and raises that we saw in the
second quarter.
Which certainly propelled stocks much higher over the course.
Of the summer.
Financials very much though, the big story this week with
the likes of JP, Morgan, Chase, City Group, Wells Fargo,
Bank of New York, Bank of America, Goldman Sachs, and
Morgan Stanley, all reporting in New York. Charlie Pellett Bloomberg Radio.
Thank you, Charlie. Economists for marking up their estimates for
US economic growth this year and next. We get the
details on that from Bloomberg's John Tucker. John Good morning, Hey.
Good morning, Nathan. Yeah, this is the survey from the
National Association for Business Economics. They see inflation adjusted GDP
rising one point eight percent this year. That's up half
a percent from the forecast made in June. The survey
respondence expects similar growth next year, but the economists also
see job growth slowing to an average of only sixty
thousand this year. The job growth has slowed markedly in
recent months, and that's a trend that prompted the FED
to lower interustrates in September. The NABE sees the Fed
cutting rates once more this year before reducing borrowing costs
by three quarters of a point next year. In New York,
I'm John Tucker Bloomberg Radio.
Time Now for a look at some of the o
their stories making news in New York and around the world,
and for now we're joined by Bloomberg's Michael Barr.
Michael, Good Morning, Good morning Karen.
President Trump says he is looking into giving Ukraine more
weapons after a recent conversation with President Volodimir Zelenski. The
President spoke to reporters on board Air Force One as
he was traveling to Israel.
We talked about the weapons they need, what kind of
weapons they need, Patriots very badly.
They'd like to have.
Tomahawks, a step up. They'd like to have tomahawks. We
talked about that.
President Trump added that he might tell Russia. The US
could send the missiles if the conflict isn't resolved. Several
people were killed and injured when gunfire erupted early Sunday
morning in a crowded bar in Saint Helena, South Carolina.
At least four people were pronounced dead at the scene.
The owner of the bar, Willie Terrell, was wiping away tears.
I'm thankful, thankful for everybody who walked away. You know,
I'll thank for everybody who alive, who is safe.
Officials say hundreds of people were inside at the time
of the shooting. The search for the cause of a
deadly blast an explosives factory in Tennessee continues. At least
sixteen people died when the plan exploded Friday. The factory
near Nanelli mate supplies and explosives for the military. Families
of the victims and neighbors tried to comfort each other
during church services Sunday. This man was at a church service.
It's going to take time, and it's going to take
all of us banding together. But I know with this
church family here and the other church families around, we'll
come together. We'll and we'll help each other through it.
To identify the victims. Authorities have had to rely on
DNA technology taking DNA samples from family members, and then
they're comparing that to dnaight samples found at the scene.
Global News twenty four hours a day and whenever you
wanted with Bloomberg News Now, Michael Byron, this is Bloomberg.
Karen, Thanks Michael.
A time now for our Bloomberg Sports update, and for
that we bring in John stash Hour.
Thanks Karth.
The alcs underway in Toronto and Seattle's first pitch of
the series was a home run hit by Toronto's George Springer,
with the Blue Jays only had one hit the rest
of the way and the Mariners one game one, three
to one. Sunday football in Kansas City, the Chiefs beat
the Lions thirty to seventy. Patrick mahonmes through three touchdown passes,
ran for another big college football news. James Franklin fire
at midway through his twelfth season as the coach at
Penn State, who began the season rank number two. They've
lost their last three games. That's your Bloomberg Sports update.
Stay with us. More from Bloomberg Day Break coming up
after this.
Coast to Coast on Bloomberg Radio nationwide on Serious Exam
and around the world on Bloomberg dot Com and the
Bloomberg Business app. This is Bloomberg Daybreak.
Good morning, I'm Nathan Hager. A great and beautiful day,
a new beginning. That was the message from President Trump
as he arrived in Israel to celebrate the ceasefire in Gaza,
which he says he is confident will hold.
Everybody is happy, whether it's Jewish or bus Lim or
the Arab of countries. Every country is dancing in the streets,
and it's a point in time. I don't think you'd
ever see it again.
I was President Trump aboard Air Force One on his
way to Israel, where he is now due to address
the kanesse. Joining us this morning from Tel Aviv is
Bloomberg News Israel Bureau Chief Ethan Bronner and Ethan as
we await those comments from President Trump, get us up
to speed on where we are in the ceasefire in
the implementation.
What is the latest? Good morning morning, Nathan.
So yes, the ceasefire has been holding for several days,
twenty Israeli hostages, that all of those who were alive
still are out of the captivity. And the seven that
have already arrived in Israel. The thirteen others are on
their way. Look, I think healthier than many had feared.
They're on their feet, they're speaking, and Israel is beginning
the process of freeing some two thousand, just under two
thousand Palestinian prisoners. At the same time, President Trump is here,
He's about to address the parliament, the Kanesset in Jerusalem.
He's just met with Prime Minister Nitanyah. And the announcement
is now that in addition to all of these Western
and Arab countries and President Trump going to Egypt, that
in fact Prime Minister in Utenya is also going to
go to that ceremony. It was not originally planned, and
is that there's also going to be a Palestinian leader there, Mahabas.
So what's going to come of this we shall have
to see.
While we wait to see, what are you watching for
in terms of whether this ceasefire continues to hold well?
The first thing to know is that the goal of Israel,
and in theory, both of the United States and all
of those who declared who signed on to the so
called New York Declaration at the you In General Assembly,
is to remove Hamas from power in Gaza. But within
minutes of the ceasefire beginning in Gaza, Hamas operatives, well
armed with clashnar koffs, took over the streets of Gaza
City and a much of Gaza and so and they
are also now in the process of clashing with some
of the clients that had said they were opposed to Haramas.
So it feels like the ability to remove Hamas from
power is not going to be simple, and that's going
to be a major issue going forward.
On his way to Israel, the Bord Air Force one,
we heard President Trump.
Say, the war is over.
What will you be watching for in terms of whether
we get to that point where we can actually say
this is more than just an open ended ceasefire.
Look, I think that either they're going to have to
adjust their goals of what the war end means. That
is to say, leave Hamas in some position relating to
the Palestinian authority or some multinational thing. We don't know,
but from Israel's perspective until now, this has not been acceptable.
Now will it be possible that Israel will be told
just hold off for a while while we internationalize this,
and we're going to rebuild the Gaza Strip and so on. Possibly.
I mean, you know, one of the reasons Prime Minision
of the time now did not want to go to Egypt.
He did not want to take part in this kind
of ceremonies. Always opposed internationalizing the conflict. But now that
is changing, with perhaps the help of President Trump, maybe
he's going to maybe the Israel's going to change its mind.
I don't know. The goal, of course for Israel and
the United States is to expand Israel's relations with its
Arab neighbors to include one day of Saudi Arabia. So
all of those things are being balanced against what's going
to happen in Gaza, And there's just so many unknown
s day that it's impossible for me to tell you
where we're headed.
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