Shutdown Countdown; Haley Loses Key Donor

Bloomberg Audio Studios, Podcasts, Radio News. Good morning. 0:00:10.080 --> 0:00:13.040 I'm Nathan Hager and I'm Amy Morris. Here are the 0:00:13.080 --> 0:00:14.680 stories we're following today. 0:00:15.040 --> 0:00:18.040 We begin in Washington, where the federal government is less 0:00:18.040 --> 0:00:22.400 than five days away from another partial government shut down deadline. Now, 0:00:22.440 --> 0:00:24.280 the White House has set up a meeting to try 0:00:24.320 --> 0:00:27.120 to raise the pressure. Not a major sticking point billions 0:00:27.120 --> 0:00:30.120 of dollars in aid to Ukraine. Bloomberg z Ed Baxter 0:00:30.240 --> 0:00:30.920 has the story. 0:00:31.120 --> 0:00:33.760 On the list of attendees a number of key congressional 0:00:33.800 --> 0:00:37.840 leaders like House Speaker Mike Johnson, House Minority Leader Hakim Jeffreys, 0:00:38.240 --> 0:00:41.360 Senate leaders Chuck Schumer and Mitch McConnell. Now, the White 0:00:41.360 --> 0:00:45.000 House says Biden wants to discuss the urgency of passing 0:00:45.080 --> 0:00:48.320 the sixty billion dollar request for US emergency Ukraine aid, 0:00:48.720 --> 0:00:51.839 as well as the looming deadline to fund the government. 0:00:52.240 --> 0:00:55.800 Speaker Johnson's grasp on the speakership is tenuous. Part of 0:00:55.840 --> 0:00:58.640 his dilemma is he could lose it if he pushes 0:00:58.680 --> 0:01:02.360 for Ukraine aid without border. The meeting is set for tomorrow. 0:01:02.720 --> 0:01:04.560 Aad Baxter Bloomberg Radio. 0:01:04.480 --> 0:01:06.240 All right, thank you, Ed. Now to the latest in 0:01:06.280 --> 0:01:09.399 the Middle East Israeli Prime Minister Benjamin Netanyah, who says 0:01:09.440 --> 0:01:12.160 he'll have a plan to move civilians out of the 0:01:12.200 --> 0:01:15.800 southern Gaza city of Rafa before going into dismantle remaining 0:01:15.840 --> 0:01:19.880 Hamaspitalians in the city. Netanyah, who says there's no disagreement 0:01:19.920 --> 0:01:22.360 between Israel and the US on this point. 0:01:22.560 --> 0:01:24.200 We agree on this. I mean, we don't have to 0:01:24.240 --> 0:01:27.119 be prodded. We're on the same page with the US 0:01:27.120 --> 0:01:29.440 on this because that's how we do it. 0:01:29.880 --> 0:01:32.760 Prime Minister Netanyah, who was on CBS's Face the Nation. 0:01:33.040 --> 0:01:35.800 We get more on this from Bloomberg Senior editor Bill Ferries. 0:01:36.200 --> 0:01:38.319 The big deadline we have to keep in mind is 0:01:38.360 --> 0:01:43.240 March tenth. That's when Israel says, if the remaining hostages 0:01:43.280 --> 0:01:46.679 haven't been released, they will go forward with that ground 0:01:46.680 --> 0:01:50.800 offensive in Rafa, and March tenth also coincides with the 0:01:50.840 --> 0:01:53.960 start of Ramanan, so that would raise a lot of criticism, 0:01:54.120 --> 0:01:57.760 additional criticism of Israel from much of the Muslim world 0:01:57.800 --> 0:01:59.240 and the wider world as well. 0:02:00.000 --> 0:02:04.200 Burg's Bill Ferries. Meantime, the Prime Minister of the Palestinian Authority, 0:02:04.480 --> 0:02:08.240 Mohammad Stea, says he and his government will resign, but 0:02:08.280 --> 0:02:11.960 it's not clear if Palestinian President Matmouda Bass will accept that. 0:02:12.280 --> 0:02:15.280 Turning to politics back home, Amy, first, Wall Street considered 0:02:15.320 --> 0:02:17.960 Ron DeSantis, then it went for Nikki Haley. Now the 0:02:18.000 --> 0:02:21.560 Republican donor class is confronting a reality. It's wealthy members 0:02:21.560 --> 0:02:24.440 that hoped to avoid being limited to exerting their clout 0:02:24.480 --> 0:02:28.000 in the election cycle only through state level races. Donald 0:02:28.000 --> 0:02:31.359 Trump's victory in the South Carolina Republican primary has moved 0:02:31.360 --> 0:02:34.640 the former president closer to claiming his party's nomination, and 0:02:34.680 --> 0:02:37.040 now the powerful Coke network has announced it will no 0:02:37.080 --> 0:02:40.639 longer fund Haley's campaign. This is a major reversal that 0:02:40.800 --> 0:02:45.040 underscores traditional donors inability to slow Donald Trump's momentum. 0:02:45.280 --> 0:02:48.560 Adding to that momentum for Donald Trump, another key endorsement, 0:02:48.960 --> 0:02:51.920 John Thune, the second ranking Republican in the Senate, is 0:02:52.000 --> 0:02:54.720 backing the former president in his bid for the White House. 0:02:55.000 --> 0:02:59.360 The South Dakota senator had resisted joining Trump's allies until now. 0:03:00.080 --> 0:03:03.760 This questioned Trump's strength as a general election candidate. 0:03:04.000 --> 0:03:06.360 All right, let's get back to markets now, Amy, Futures, 0:03:06.400 --> 0:03:08.480 as you mentioned, are lower as we begin a new 0:03:08.520 --> 0:03:10.200 trading week. Both the Dow and the S and P 0:03:10.280 --> 0:03:13.240 five hundred ended last week at records, while the Nasdaq 0:03:13.320 --> 0:03:16.480 slipped from its all time high. Katerina Siminetti, Senior vice 0:03:16.520 --> 0:03:19.519 president at Morgan Stanley Private Wealth Management, says investors have 0:03:19.560 --> 0:03:21.400 a tough dilemma during this market rally. 0:03:21.639 --> 0:03:24.600 What we're seeing as the biggest trap to try to 0:03:24.680 --> 0:03:29.680 avoid is when investors are starting to doubt their diversified portfolios, 0:03:29.919 --> 0:03:32.760 starting to dowb asset allocation and are kind of saying like, 0:03:32.800 --> 0:03:36.120 should we stay with blue chip stocks, should we stay diversified, 0:03:36.360 --> 0:03:39.440 or should we switch direction into this highest growing stocks. 0:03:39.920 --> 0:03:42.520 And that's what you know, These are the type of 0:03:42.520 --> 0:03:45.280 conversations that we're having, you know, the beginning of this year. 0:03:45.480 --> 0:03:48.800 Katerina Seminetti of Morgan Stanley Private Wealth says investors will 0:03:48.840 --> 0:03:51.400 be focusing on a busy week of data, including the 0:03:51.400 --> 0:03:54.240 federal reserves, preferred measure of inflation. 0:03:54.360 --> 0:03:57.120 And stock markets may be hitting records, but Warren Buffett's 0:03:57.120 --> 0:04:00.920 Berkshire Hathaway is having some trouble finding places to invest. 0:04:01.240 --> 0:04:04.480 Bloomberg's John Tucker joins us with those details. 0:04:04.280 --> 0:04:06.720 And Amy Buffett says there are no deals out there 0:04:06.840 --> 0:04:10.960 that could deliver eye popping performance soul. He's keeping Berksher's 0:04:10.960 --> 0:04:13.640 cash close at hand, and that pile of cash has 0:04:13.640 --> 0:04:15.960 grown to a record one hundred and sixty seven point 0:04:16.000 --> 0:04:19.600 six billion dollars. In his annual shareholder letter, the ninety 0:04:19.600 --> 0:04:22.159 three year old Bumfitt says there remain only a handful 0:04:22.200 --> 0:04:24.800 of companies in this country capable of truly moving the 0:04:24.839 --> 0:04:28.000 needle at Berkshire, and they have been endlessly picked over. 0:04:28.480 --> 0:04:31.400 The company also reported fourth quarter operating earnings of eight 0:04:31.480 --> 0:04:34.600 point four eight billion dollars that was held by an 0:04:34.600 --> 0:04:38.880 increase in insurance underwriting earnings and investment income. Berkser shares 0:04:38.920 --> 0:04:42.159 are up seventeen percent so far this year. They've touched 0:04:42.160 --> 0:04:45.520 a record in each of the past seven trading days. 0:04:45.720 --> 0:04:47.400 I'm John Tucker, Bloomberg Radio. 0:04:47.520 --> 0:04:50.039 All right, John, thanks on The most actively traded stock 0:04:50.080 --> 0:04:53.240 this morning is Intuitive Machines. We told you about the 0:04:53.279 --> 0:04:57.520 moonshot the company's shares had on Friday following its lunar landing. 0:04:57.760 --> 0:05:00.680 The stock surged as much as forty three percent before 0:05:00.760 --> 0:05:04.680 ending Friday nearly sixteen percent higher. This morning, though Intuitive 0:05:04.720 --> 0:05:07.760 Machines is crashing back to earth. The stock is plunging 0:05:07.760 --> 0:05:10.839 more than thirty four percent. Officials now say that lander 0:05:10.920 --> 0:05:15.760 nicknamed Odysseus likely landed on its side. 0:05:15.200 --> 0:05:17.839 And we do have some deal news this morning. Alcoa 0:05:17.880 --> 0:05:19.960 has made a two point two billion dollar offer to 0:05:20.000 --> 0:05:24.280 acquire its Australian joint venture partner Alumina. The deal would 0:05:24.320 --> 0:05:27.599 give the US aluminum giant full control of Alcohol World 0:05:27.640 --> 0:05:30.839 Alumina and Chemicals, one of the world's largest producers of 0:05:30.839 --> 0:05:33.279 the semi processed form of that metal. 0:05:33.560 --> 0:05:36.919 In Asia, Ant Group is said to have outbid Citadel 0:05:37.080 --> 0:05:40.839 for Credit Suee's investment bank in China. Bloomberg Daybreak Asia 0:05:40.880 --> 0:05:43.440 anchor Brian Curtis has the details from Hong Kong. 0:05:43.520 --> 0:05:47.159 A big surprise. Sources say Ant made a stronger bid 0:05:47.200 --> 0:05:50.280 than what Citadel offered back in December. The bid by 0:05:50.320 --> 0:05:53.400 Ant to build a securities business using the Swiss Bank's 0:05:53.440 --> 0:05:57.200 operations will face a serious review. In the past, China 0:05:57.240 --> 0:05:59.599 said had favored a foreign buyer to open up the 0:05:59.640 --> 0:06:03.760 sector to more foreign competition. UBS, which owns Credit Sueese, 0:06:04.080 --> 0:06:06.960 we then have to decide, not knowing if regulators would 0:06:07.000 --> 0:06:10.640 greenlight the local offer, and other players may enter the 0:06:10.680 --> 0:06:14.039 fray as well. In On Kong, Brian Curtis, Bloomberg Radio. 0:06:14.440 --> 0:06:16.680 All right, thanks Brian, and Bloomberg News has learned the 0:06:16.680 --> 0:06:20.200 Walt Disney Company has signed a binding pack with Reliance 0:06:20.279 --> 0:06:24.160 Industries to merge their media operations in India. Disney's been 0:06:24.200 --> 0:06:28.240 grappling with challenges in India like retaining subscribers and securing 0:06:28.360 --> 0:06:32.120 media assets. Together, the two companies will make a formidable 0:06:32.320 --> 0:06:36.800 media behemoth in one of the world's fastest growing entertainment markets. 0:06:40.200 --> 0:06:41.440 Now it's time to take a look at some of 0:06:41.480 --> 0:06:43.559 the other stories making news in New York and around 0:06:43.600 --> 0:06:45.760 the world, and for that we bring in Bloomberg's Michael Barer. 0:06:45.800 --> 0:06:48.640 Good morning, Michael, Good morning, Nathan. New York Governor Cathy 0:06:48.680 --> 0:06:53.240 hokals mandate that state moves to zero emission school buses 0:06:53.360 --> 0:06:56.800 is getting pushed back by some state Senate Republicans and 0:06:56.920 --> 0:07:01.240 local officials. They believe the entire transition scheduled for twenty 0:07:01.320 --> 0:07:05.520 thirty five, is not affordable on its current timeline. State 0:07:05.560 --> 0:07:09.400 Senator Stephen Rhodes spoke with other officials at gathering in 0:07:09.440 --> 0:07:10.760 Elevittown yesterday. 0:07:11.240 --> 0:07:14.520 Some of the reasons why we're here encouraging the governor, 0:07:14.920 --> 0:07:18.480 encouraging the state legislature to pump the brakes on this 0:07:18.560 --> 0:07:22.560 electric bus mandate until the technology catches up and. 0:07:22.600 --> 0:07:25.680 Until we have an actual plan to be able to 0:07:25.760 --> 0:07:26.360 implement this. 0:07:26.760 --> 0:07:29.160 The measure, which passed in the twenty twenty two to 0:07:29.200 --> 0:07:32.640 twenty three New York State budget, would also bar school 0:07:32.640 --> 0:07:36.320 districts from purchasing diesel fueled buses. At the end of 0:07:36.400 --> 0:07:39.600 June of twenty twenty seven, we're learning more details about 0:07:39.600 --> 0:07:41.760 a deadly fire in New York City that left one 0:07:41.760 --> 0:07:46.280 person dead and required firefighters to rescue trapped residents. The 0:07:46.320 --> 0:07:50.840 two alarm blaze erupting in the Harlem neighborhood Friday also 0:07:51.000 --> 0:07:54.960 left seventeen people hurt. Investigators in New York City a 0:07:55.000 --> 0:07:58.920 lithium ion battery is to blame. Reaction continues after the 0:07:58.960 --> 0:08:02.880 Alabama Supreme Court ort's decision that frozen embryos should be 0:08:02.960 --> 0:08:07.080 considered people. The state's Republican governor now says she's working 0:08:07.120 --> 0:08:12.120 on a solution with GOP lawmakers to protect IVF access 0:08:12.160 --> 0:08:15.240 in the state. As of now, families in Alabama have 0:08:15.320 --> 0:08:18.720 been left waiting as the implications of the court decision 0:08:18.760 --> 0:08:22.160 of being felt across the country. Senator Tammy Duckworth of 0:08:22.200 --> 0:08:24.880 Illinois is a past user of IVF. 0:08:25.320 --> 0:08:27.880 In my case, when we have five fertilized eggs and 0:08:28.120 --> 0:08:30.800 three were non viable when my doctor discarded those with 0:08:30.920 --> 0:08:36.160 my consent, that woul could be considered potentially manslaughter or murder. Basically, 0:08:36.240 --> 0:08:39.800 Republicans have put the rights of a fertilized egg over 0:08:39.840 --> 0:08:42.240 the rights of the woman, and that is not something 0:08:42.240 --> 0:08:44.400 that I think the American people agree with. 0:08:44.920 --> 0:08:49.040 Senator Duckworth spoke on ABC's This Week Heard Sundays on Bloomberg. 0:08:49.600 --> 0:08:52.959 There are more details on what killed beloved Flacco. The 0:08:53.080 --> 0:08:56.160 owl mourners in New York are now leaving flowers and 0:08:56.280 --> 0:08:59.240 letters for the Eurasian eagl aal at his favorite tree 0:08:59.280 --> 0:09:03.400 in Central Park. Flacco's flight stardom again in February of 0:09:03.480 --> 0:09:06.240 last year when someone broke into the Central Park Zoo 0:09:06.640 --> 0:09:10.439 and freedom. He spent the last year out of captivity 0:09:10.720 --> 0:09:13.360 and became part of the talk of not just New York, 0:09:13.440 --> 0:09:17.000 but the nation's believe Flacco flew into the window of 0:09:17.040 --> 0:09:20.680 a building and suffered fatal injuries Friday. Emily Einhorn is 0:09:20.720 --> 0:09:22.640 with the Wild Bird Fund. 0:09:23.120 --> 0:09:27.080 He suffered a double concussion, first from colliding with the 0:09:27.080 --> 0:09:31.400 window and then he actually, unfortunately faceplanted onto the pavement. 0:09:31.640 --> 0:09:34.520 One member of an animal rights group, Sat Flacco captured 0:09:34.520 --> 0:09:38.079 the world's attention. Everybody was rooting for him. Global News 0:09:38.120 --> 0:09:40.240 twenty four hours a day and whenever you want it 0:09:40.280 --> 0:09:41.160 with Bloomberg News. 0:09:41.160 --> 0:09:41.280 Now. 0:09:41.360 --> 0:09:43.080 I'm Michael Barr. This is Bloomberg Nathan. 0:09:43.160 --> 0:09:50.439 Okay, Michael, thank you time now for the Bloomberg Sports Update, 0:09:50.480 --> 0:09:52.960 brought to you by Trice State OUTI. Here's John Stashau, 0:09:53.120 --> 0:09:53.640 It's Nathan. 0:09:53.720 --> 0:09:55.960 The Rangers lost to the Garden of Vegas back on 0:09:56.080 --> 0:10:00.720 January twenty sixth. Family lost February twenty fifth, Columbus. In 0:10:00.760 --> 0:10:03.040 between the play ten games and won all ten. The 0:10:03.160 --> 0:10:05.720 wins Saturday in Philadelphia tied the club record for longest 0:10:05.720 --> 0:10:07.240 win streak. But then they had to travel play a 0:10:07.280 --> 0:10:10.160 game last night and the Blue Jackets scored three times 0:10:10.200 --> 0:10:12.680 second period of one, four to two. Ranger coach Peter 0:10:12.800 --> 0:10:14.920 Lobiolett asked about playing back to back. 0:10:15.280 --> 0:10:18.040 We needed to win a game tonight. There's no there's 0:10:18.080 --> 0:10:20.760 no excuses with the schedule, the schedules, the schedule. Everybody 0:10:20.760 --> 0:10:23.640 catches back to the backs. We're expected to be able 0:10:23.679 --> 0:10:26.720 to handle that and tonight it wasn't wasn't our best. 0:10:26.800 --> 0:10:29.880 We'll learn from it. We played the same MEAs opponent 0:10:30.080 --> 0:10:33.400 on the solo. We'll look to fix some things and 0:10:33.679 --> 0:10:34.560 get back at it. 0:10:34.840 --> 0:10:37.960 Majors and Blue Jackets play again Wednesday at MSG where 0:10:38.040 --> 0:10:41.839 yesterday Saint John's upset fifteenth rank Creighton eighty to sixty six. 0:10:41.920 --> 0:10:44.959 The same Creighton team that had just beaten Yukon, the 0:10:45.040 --> 0:10:47.280 unanimous number one team in the nation by nineteen. The 0:10:47.320 --> 0:10:50.480 same Saint John's team, then last Sunday blew a nineteen 0:10:50.520 --> 0:10:52.960 point late to Seaton Hall, their eight loss in ten games. 0:10:52.960 --> 0:10:55.280 That's the game that led our coach Rick Patino to 0:10:55.280 --> 0:10:59.000 call the Saint John's players unathletic. Patino said then that 0:10:59.080 --> 0:11:02.320 this was the most un enjoyable experience of his life. Yesterday, 0:11:02.360 --> 0:11:05.640 Patino wore a white suit seemed to enjoy the win. NBA, 0:11:05.679 --> 0:11:08.280 the Warriors lost to Denver. The Wizards lost to Cleveland 0:11:08.280 --> 0:11:11.760 and Tampa. Juan Soto in Penstrive for the first time, 0:11:12.080 --> 0:11:14.800 hit a three run opposite field, home or off the scoreboard. 0:11:14.840 --> 0:11:16.720 Aaron Judge two hits at his two at bats. He 0:11:16.760 --> 0:11:20.359 played center field and was then replaced by Top prospects 0:11:20.400 --> 0:11:23.240 six foot six in Spencer Jones. He went two for two. 0:11:23.720 --> 0:11:26.520 He went three for three on Saturday. That top free 0:11:26.520 --> 0:11:28.760 agent that was still on side has his deal. Cody 0:11:28.800 --> 0:11:32.360 Ballinger stayed with the Cubs three years eighty million NLMVP 0:11:32.480 --> 0:11:34.680 for the Dodgers in twenty nineteen. He then had some 0:11:34.760 --> 0:11:37.920 rough seasons, but last season in Chicago, Bellinger hit over 0:11:37.960 --> 0:11:38.520 three hundred and. 0:11:38.480 --> 0:11:39.360 Twenty six home runs. 0:11:39.440 --> 0:11:42.480 Jake Knapp, twenty nine year old PGA Tour rookie, won 0:11:42.520 --> 0:11:46.000 the golf in Mexico. He qualifies to play the upcoming Masters. 0:11:46.200 --> 0:11:48.640 John stash Away En Broot Sports Sneathan. 0:11:48.480 --> 0:11:50.440 Okay, John, thank you. Now let's get back to what's 0:11:50.440 --> 0:11:53.320 happening in the nation's capital. The US is now a 0:11:53.320 --> 0:11:55.520 little bit more than four days away from its next 0:11:55.559 --> 0:11:59.760 partial shutdown deadline, and now President Biden is calling Congressional 0:11:59.800 --> 0:12:01.920 leader to the White House tomorrow to try to head 0:12:01.920 --> 0:12:04.040 that off and to free up more than sixty billion 0:12:04.080 --> 0:12:06.480 dollars in eight to Ukraine that remains locked in a 0:12:06.559 --> 0:12:09.800 border dispute on Capitol Hill. For that and more, that's 0:12:09.840 --> 0:12:12.520 happening in Washington, d C. We're joined by Bloomberg, new 0:12:12.600 --> 0:12:16.079 Senior Editor, Bill Ferries. So, Bill, it seems as though 0:12:16.080 --> 0:12:19.479 the White House was hoping that the two year anniversary 0:12:19.520 --> 0:12:23.440 of Russia's invasion and the death of dissident leader Alexi 0:12:23.520 --> 0:12:27.840 Navalny would add some more momentum to the Ukraine Aid. 0:12:28.080 --> 0:12:31.000 Is there any evidence that it has that now? 0:12:32.360 --> 0:12:35.560 Well, not really. You know, this is this Ukraine Aid 0:12:35.640 --> 0:12:38.720 is something that we've now been talking about since late 0:12:38.840 --> 0:12:42.840 last fall. Really at one point the President was pushing 0:12:42.880 --> 0:12:45.280 for it to be taken care of before the end 0:12:45.280 --> 0:12:48.440 of year holidays, and here we are now heading into March, 0:12:48.559 --> 0:12:51.679 and there's still no sign of a political breakthrough that 0:12:51.720 --> 0:12:55.839 would free up the sixty billion dollars that Ukraine supporters 0:12:55.880 --> 0:13:01.520 here and President Boltimore Zelenski say he needs by really 0:13:01.600 --> 0:13:04.480 the within a month if he's going to keep fending 0:13:04.520 --> 0:13:09.600 off these Russian offensives on this twelve hundred kilometer border 0:13:09.640 --> 0:13:13.679 that he shares with Russia. Now, so it's it's a 0:13:13.720 --> 0:13:16.440 pretty dire time. But as you mentioned, there's a lot 0:13:16.520 --> 0:13:21.040 going on in Washington with the possible possible partial shutdown, 0:13:21.400 --> 0:13:23.559 and it's not clear that this breakthrough will be able 0:13:23.600 --> 0:13:25.600 to happen with all that going on. 0:13:26.080 --> 0:13:28.320 Does that raise the risk then that we could see 0:13:28.320 --> 0:13:30.240 a partial government shut down by the end of the 0:13:30.240 --> 0:13:31.959 week if they don't come to some kind of agreement 0:13:32.000 --> 0:13:32.680 on the foreign aid. 0:13:33.920 --> 0:13:34.160 Yeah. 0:13:34.200 --> 0:13:37.080 Absolutely, I think you know you've got this. It's you know, 0:13:37.400 --> 0:13:39.960 let's say about half a dozen agencies that are involved 0:13:40.200 --> 0:13:42.440 that would run out of funding this week, and then 0:13:42.559 --> 0:13:46.920 additional a whole other slew of departments that would face 0:13:46.960 --> 0:13:50.400 the same fate just a week from now. So those 0:13:50.440 --> 0:13:53.679 talks have always been contentious. This is I think I'll 0:13:53.960 --> 0:13:55.959 probably get this wrong, but it's at least the third 0:13:56.000 --> 0:14:01.880 extension on the budget for these agencies, and with an 0:14:01.920 --> 0:14:04.880 April deadline, a kind of a last minute deadline, there's 0:14:04.920 --> 0:14:08.560 not a lot of time for people to find the 0:14:08.600 --> 0:14:10.200 compromise that they need at this point. 0:14:10.559 --> 0:14:13.400 That April thirtieth deadline, I believe, is when automatic cuts 0:14:13.520 --> 0:14:16.400 kick in. So time, as they say, is of the 0:14:16.559 --> 0:14:21.080 essence in the meantime bill. We're watching and waiting for 0:14:21.360 --> 0:14:25.480 Israel to potentially carry out this offensive against the last 0:14:25.480 --> 0:14:29.080 Hamas battalions in the southern city of Rafa. We've heard 0:14:29.160 --> 0:14:32.400 Prime Minister Nintayaho promised that he's going to have a 0:14:32.440 --> 0:14:34.680 plan to get civilians out of the way have we 0:14:34.720 --> 0:14:38.040 gotten any further signs that that plan is actually going 0:14:38.120 --> 0:14:39.200 to be put into fruition. 0:14:40.240 --> 0:14:44.640 Well as of yesterday on Sunday, the Biden administration said 0:14:44.640 --> 0:14:47.360 that they still hadn't seen any details of what that 0:14:47.440 --> 0:14:51.040 plan would be in terms of evacuating or moving more 0:14:51.080 --> 0:14:54.800 than a million Palestinians out of Rafa ahead of that offensive. 0:14:55.440 --> 0:14:59.760 There's still some optimism that talks and Paris might produce 0:14:59.800 --> 0:15:03.760 some kind of a temporary cease fire, but President or 0:15:04.080 --> 0:15:07.480 Prime Minister Nenyaho has made clear he intends to send 0:15:07.520 --> 0:15:11.920 his forces into Rafa either before or after that ceasefire 0:15:11.960 --> 0:15:15.240 has reached. He said it's a critical part of destroying 0:15:15.240 --> 0:15:19.400 Hamas and insuring peace, and whether it happens before or afterwards, 0:15:19.440 --> 0:15:20.240 it's going to happen. 0:15:20.880 --> 0:15:23.080 And just to close things out. With a lot of 0:15:23.080 --> 0:15:27.320 developments now in the presidential race, we've heard the Coke 0:15:27.440 --> 0:15:30.360 Network Americans for Prosperity Action now saying they're going to 0:15:30.440 --> 0:15:34.400 divert their resources from supporting Nikki Haley to down ballot races, 0:15:34.440 --> 0:15:38.360 and now multiple reports that Ronald McDaniel, the chair of 0:15:38.400 --> 0:15:41.720 the Republican National Committee, is making plans to step down 0:15:41.720 --> 0:15:45.360 a couple days after Super Tuesday, it seems as though 0:15:45.360 --> 0:15:49.800 there's even more consolidation around a former President Trump's candidacy. 0:15:50.760 --> 0:15:50.960 Yeah. 0:15:51.000 --> 0:15:54.560 I think after the South Carolina primary, the stars are 0:15:55.120 --> 0:15:59.280 increasingly aligning for Donald Trump to be the de facto nominee. 0:16:00.120 --> 0:16:03.240 You know, it was a big defeat for Haley in 0:16:03.280 --> 0:16:06.520 her home state, and there's really been no polling that 0:16:06.880 --> 0:16:10.120 suggests the results will be any different on Super Tuesday. 0:16:10.360 --> 0:16:13.040 There's still time. She does still have donors with her, 0:16:13.120 --> 0:16:16.800 she still has some money, but the odds are getting 0:16:17.240 --> 0:16:19.840 appearing longer and longer for her to have any kind 0:16:19.880 --> 0:16:23.040 of an upset that she can claim to help justify 0:16:23.120 --> 0:16:24.760 staying in the race even longer. 0:16:27.160 --> 0:16:30.080 This is Bloomberg day Break Today, your morning brief on 0:16:30.120 --> 0:16:33.680 the story's making news from Wall Street to Washington and beyond. 0:16:33.880 --> 0:16:36.880 Look for us on your podcast feed by six am 0:16:37.000 --> 0:16:41.200 Eastern each morning on Apple, Spotify, and anywhere else you 0:16:41.240 --> 0:16:42.360 get your podcasts. 0:16:42.600 --> 0:16:45.320 You can also listen live each morning starting at five 0:16:45.360 --> 0:16:48.000 am Wall Street time on Bloomberg eleven three to zero 0:16:48.000 --> 0:16:50.880 in New York, Bloomberg ninety nine to one in Washington, 0:16:50.960 --> 0:16:54.160 Bloomberg one six to one in Boston, and Bloomberg ninety 0:16:54.200 --> 0:16:55.560 sixty in San Francisco. 0:16:55.760 --> 0:16:59.280 Our flagship New York station is also available on your 0:16:59.360 --> 0:17:04.840 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. 0:17:04.960 --> 0:17:08.359 Listen coast to coast on the Bloomberg Business app, Sirius XM, 0:17:08.480 --> 0:17:12.760 the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager. 0:17:12.640 --> 0:17:16.159 And I'm Maybe Morris. Join us again tomorrow morning for 0:17:16.359 --> 0:17:19.040 all the news you need to start your day right 0:17:19.080 --> 0:17:20.760 here on Bloomberg Daybreak