Speaker 1: Good morning. I maybe Morris and I'm Karen Moscow. Here
Speaker 1: are the stories we're following today.
Speaker 2: We begin with new developments in the Middle East. Israel
Speaker 2: struck a refugee camp in Gaza overnight. Israel Defense Forces
Speaker 2: spokesperson Daniel Huguri says it was targeting Hamas and killed
Speaker 2: a senior leader in that organization.
Speaker 3: So tonight we eliminated the murderous terrorist, Ibrahim Bari. Bari
Speaker 3: is the main combat leader in the northern Gaza strip
Speaker 3: since the IDF forces entered Gaza. He also had a
Speaker 3: part in the massacre on October seventh. During his assassination,
Speaker 3: many terrorists were killed, terrorists who stayed with him in
Speaker 3: the building and in the underground area below the buildings.
Speaker 2: IDF spokesperson Daniel Hugari, speaking through an interpreter, the latest
Speaker 2: strike is drawing condemnation across the Middle East. We get
Speaker 2: more from Bloomberg's Oliver Crook and Tel Aviv.
Speaker 4: What this does is it's going to bring into the
Speaker 4: four again those voices that have been calling for a ceasefire,
Speaker 4: the voices that have been condemning Israel's actions and the
Speaker 4: ceasefire calls by the Saudis and by the UN have
Speaker 4: been retorted to by Benjamin Nyaw, who has recently this
Speaker 4: weekend completely off the table.
Speaker 2: Bloomberg's Oliver Krok reports the Health Ministry and the Hamas
Speaker 2: run gaza strips, as hundreds were killed and wounded in
Speaker 2: those strikes.
Speaker 1: Well amy before the overnight strike, Secretary of State Antony
Speaker 1: Blincn told the Senate it was too soon to call
Speaker 1: for a ceasefire.
Speaker 5: When it comes to a ceasefire in this moment, You're
Speaker 5: exactly right. That would simply consolidate what Hamas has been
Speaker 5: able to do and allow it to remain where it
Speaker 5: is and potentially repeat what it did another day, and
Speaker 5: that's not tolerable.
Speaker 1: Secretary of State Antony Blinkin will travel back to Israel
Speaker 1: on Friday.
Speaker 2: The White House says President Biden would veto a package
Speaker 2: put forward by House GOP members to provide aid to
Speaker 2: Israel by slashing funds for the IRS and leave out
Speaker 2: funding for other national security priorities. The legislation, championed by
Speaker 2: the new House Speaker Mike Johnson, is already run into
Speaker 2: stiff bi partisan opposition Senate Majority Leader Chuck Schumer.
Speaker 6: We must stand with our allies in Israel. We must
Speaker 6: send humanitarian aid to innocent civilians in Gaza. We must
Speaker 6: hold the line against Vladimir Putin by supporting Ukraine.
Speaker 2: Senator Schumer says Democrats want to pass President Biden's one
Speaker 2: hundred and five billion dollars supplemental package, which includes funding
Speaker 2: for Israel, Ukraine, Taiwan, and the Southern border well.
Speaker 1: Another geopolitical news this morning, President Biden will meet with
Speaker 1: Chinese leader Shijin Pain later this month in San Francisco,
Speaker 1: and Bloomberg's Ed Baxter has the latest.
Speaker 7: White House spokeswomen Karine Jean Pierre, was asked several times
Speaker 7: at the daily White House briefing. She finally said it
Speaker 7: was an official confirmation and says it will be a
Speaker 7: difficult conversation.
Speaker 1: That's what the President is going is going to be
Speaker 1: doing and having a tough conversation, but important conversation.
Speaker 7: Jean Pierre would not go into details on expectations it
Speaker 7: will be on the sidelines of APE here in San Francisco.
Speaker 7: China has not commented on the meeting in San Francisco.
Speaker 7: I'm at Baxter Bloomberg Radio.
Speaker 2: Thank you, Ed, and turning to the markets, we kick
Speaker 2: off a new month with a big day on the
Speaker 2: economic front. It begins with the Treasury Department's new borrowing
Speaker 2: plan and finishes with a FED decision and a J.
Speaker 2: Powell news conference. We get a preview from Bloomberg's Michael McKee.
Speaker 8: It figures to be a long day on trading desks.
Speaker 8: First up, the Treasury announces its refunding plans for the quarter.
Speaker 8: It plans to borrow a record seven hundred and seventy
Speaker 8: six billion dollars between now and the end of the year.
Speaker 8: Today we find out the mix of bills, bonds, and
Speaker 8: notes and how much of each it will sell. The
Speaker 8: record borrowing may spark a lot of market volatility. Refunding
Speaker 8: is followed by the Fed. While no one expects a
Speaker 8: rate move, investors will be focused on the possibility of
Speaker 8: one at future meetings. Will Chairman J. Powell take that
Speaker 8: off the table another opportunity for market moves? Michael McKee,
Speaker 8: Bloomberg Radio.
Speaker 2: Thank you Michael, and stick with Bloomberg this afternoon for
Speaker 2: our FED Decide special starting at one thirty pm Wall
Speaker 2: Street Time on both Bloomberg Radio and television.
Speaker 9: While we head overseas to Asia.
Speaker 1: Now, the Bank of Japan I expectedly stepped into the
Speaker 1: bond market, trying to curb the pace of gains and
Speaker 1: sovereign yields. The move comes just today after announcing it
Speaker 1: was loosening its grip on debt prices.
Speaker 9: And on the equity front. Some tech earnings in focus.
Speaker 2: We got a mixed picture from Advanced micro Devices. The
Speaker 2: chip makers sales forecast fell short of estimates. The company
Speaker 2: says a new AI chip will generate two billion dollars
Speaker 2: in sales next year. Shares of AMD are down almost
Speaker 2: two percent in early trading.
Speaker 1: And for Surrepta, shares of the biopharma company are plunging
Speaker 1: about forty six percent this morning. Amy The drop comes
Speaker 1: on news at its trial with partner Roche of a
Speaker 1: gene therapy for muscular dystrophe failed to meet the main
Speaker 1: goal of a study.
Speaker 9: Another company tumbling this morning, we Work.
Speaker 2: Shares of the co working space company are down now
Speaker 2: forty three percent in pre market trading. The Wall Street
Speaker 2: Journal reporting we work as planning to file for bankruptcy
Speaker 2: as early as next week.
Speaker 1: And now we want to bring you up to date
Speaker 1: on the fraud trial. As Sam Bankman free, he spent
Speaker 1: the day on the witness stand yesterday began more from
Speaker 1: Bloomberg's Miss Lena at Golf of Pulo in New York.
Speaker 10: We must say that it was a tough run for
Speaker 10: SBF under questioning from federal prosecutors who really grilled him
Speaker 10: on the witness stand and got him to admit on
Speaker 10: some of the most important allegations in this case, including
Speaker 10: the fact that there was no proper hedging in the
Speaker 10: two companies that he was managing, including the fact that
Speaker 10: he was the one who signed off on a lot
Speaker 10: of their decisions, and also the fact that he was
Speaker 10: the one who made the decision to spend billions of
Speaker 10: dollars in investments through the hedge fund Alameda Research.
Speaker 1: And that's Bloomberg's mister Lena golf of Polo, who says
Speaker 1: jury deliberations may begin later this week. Five oh, It's
Speaker 1: time now for a look at some of the other
Speaker 1: stories making news around the world. For now, we're joined
Speaker 1: by Bloomberg's John Tucker. John, Good morning, Good morning, Karen.
Speaker 1: President Biden age to Minnesota today. The state is a
Speaker 1: microcosm for the issues currently bideviling his presidency. Let's get
Speaker 1: more from Bloomberg Jeff Bellinger.
Speaker 11: Mister Biden is struggling to unite a Democratic electorates trained
Speaker 11: by his full throated support for Israel. At the same time,
Speaker 11: he is suddenly fending off a long shot primary challenge
Speaker 11: from Dean Phillips of Minnesota that highlights voters' concerns about
Speaker 11: his age. It's a blue state that Republicans have long
Speaker 11: considered ripe for flipping. Minnesota has a young, diverse Democratic
Speaker 11: base and a large number of Muslim Americans. The trip
Speaker 11: is intended to highlight the Biden administration's investments in rural communities.
Speaker 11: Jeff Bullinger, Bloomberg Radio.
Speaker 12: The MBI says is closely monitoring serious and evolving threats
Speaker 12: against the US as the Israel Hamas war grinds on.
Speaker 12: At the EI director Christopher Ray, the.
Speaker 13: Reality is that the terrorism threat has been elevated throughout
Speaker 13: twenty twenty three, but the ongoing war in the Middle
Speaker 13: East has raised the threat of an attack against Americans
Speaker 13: in the United States to a whole nother level.
Speaker 12: During a meeting of the Senate's Homeland Security Committee, Rate
Speaker 12: said the most immediate concern is that violent extremists will
Speaker 12: draw inspiration for the events in the Mid East to
Speaker 12: carry out attacks against the US. A junior at Cornell
Speaker 12: University has been charged with making death threats online to
Speaker 12: Jewish students in an incident that Royal to campus battling
Speaker 12: anti semitism. Twenty one Europatrick Davis charged with posting threats.
Speaker 12: Anti Semitic incidents have soared since the Israel Hamas War
Speaker 12: began October seventh, and the conflict has bitterly divided dozens
Speaker 12: of campuses, including Harvard, Stanford, and the University of Pennsylvania
Speaker 12: and of Helder. Jury's verdict threatens to shake up the
Speaker 12: real estate industry. A jury found the National Association of
Speaker 12: Realtors is liable for one point eight billion dollars in
Speaker 12: damages for controlling the Multiple Listing Service, or MLS, and
Speaker 12: for requiring home sellers to pay both the buyer and
Speaker 12: seller brokerage fees at a single transaction. Global news twenty
Speaker 12: four hours a day and whenever you want it with
Speaker 12: Bloomberg News.
Speaker 11: Now.
Speaker 12: I'm John Tucker, and this is Bloomberg Karen.
Speaker 1: All right, John, thank you well. We do bring you
Speaker 1: news throughout the day right here on Bloomberg Radio. But
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Speaker 1: Time now for the Bloomberg Sports Update. Here's John stash
Speaker 1: Hour John Karn.
Speaker 14: Game four the World Series at Arizona. The Texas Rangers
Speaker 14: scored five runs in the second and in five more
Speaker 14: in the third. They led ten nothing held on to
Speaker 14: win over the Diamondbacks eleven to seven, and the Rangers
Speaker 14: now lead the series three games to one. They can
Speaker 14: win the first championship and franchise history in Game five tonight.
Speaker 14: Arizona did come from three to two down in the
Speaker 14: NLCS against Philadelphia's seven teams have come back from a
Speaker 14: three to one deficit in the World Series. Marcus Simmion
Speaker 14: last night two run triple, then a three run homer.
Speaker 14: Corey Seger homer for the third time in the series.
Speaker 14: NBA and Phoenix. The Spurs were down by twenty. Keldon
Speaker 14: Johnson stole the ball from Kevin Durant hit a driving
Speaker 14: layup with a second to go gay San Antonio its
Speaker 14: first lead of the night. The Spurs beat the Suns
Speaker 14: one fifteen to one fourteen shake up in Las Vegas.
Speaker 14: The Raiders are three and five and they have fired
Speaker 14: Josh McDaniels midway through his second year on the job.
Speaker 14: General manager Dave Ziegler also fired the Raiders three and five,
Speaker 14: nine and sixteen under McDaniels, who had great success as
Speaker 14: the Patriots offensive corindera but has now been fired as
Speaker 14: a head coach twice by AFC West teams. Antonio Pierce
Speaker 14: will be the interim Raiders head coach Sunday. It'll be
Speaker 14: actually against his former team, the Giants. We've heard for
Speaker 14: the first time for the college Football Playoff off. The
Speaker 14: rankings have Ohio State number one. Buck Guys had the
Speaker 14: winds over Notre Dame in Penn State, Georgia's rank two,
Speaker 14: then Michigan, then Florida State.
Speaker 9: Johns dashedward.
Speaker 11: Bloomberg Sports.
Speaker 15: From coast to coast, from New York to San Francisco,
Speaker 15: Boston to Washington, DC, nationwide on Syrias Exam the Bloomberg
Speaker 15: Business app in Bloomberg Dot com. This is Bloomberg Daybreak.
Speaker 9: Good morning, I'm Amy Morris.
Speaker 2: After a barrage of air strikes by Israel in Gaza.
Speaker 2: Israeli forces say they've assassinated the architect of the October
Speaker 2: seventh terror attack, and Palestinians say hundreds of civilians were
Speaker 2: killed or injured in those strikes. We're joined now by
Speaker 2: Bloomberg's Gale to Alstein and Tel Aviv. This latest airstrike
Speaker 2: has drawn condemnation across the Middle East. Does this create
Speaker 2: a greater risk of the expansion of this war through
Speaker 2: the region?
Speaker 16: Yes, some good morning, so yes, we are seeing that
Speaker 16: there's quite a big operation going on in the Jabalo
Speaker 16: or refugee camp. This is, by the way, both an
Speaker 16: Areel attack and the ground attack that is being carried
Speaker 16: out by Israel. This is the most crowded refugee camp
Speaker 16: in the world. It occupies one hundred and thousand people
Speaker 16: and roughly one and a half square kilometers the Ideas.
Speaker 16: The Israeli defense forces say they killed fifty Hamas militants there.
Speaker 16: Hamas Sam and the health ministry in Gaza that is
Speaker 16: run by Hamas reporting a larger number of casualties over there. Basically,
Speaker 16: the Israeli Defense Forces say that this the military stronghold
Speaker 16: that is located in western Jebala was located there was
Speaker 16: used by the commander of Hamasas Jabelia Battalion for the
Speaker 16: training and the execution of terror activities and contained firing
Speaker 16: positions and terror tunnels and also a large stock of weapons.
Speaker 16: So that's what we know about what happened there. And
Speaker 16: another bit of news that we're getting now that the
Speaker 16: Alka Sama Brigades they belong to Hamas, they announced the
Speaker 16: killing of seven of its civilian detainees, meaning the hostages.
Speaker 16: They say that they were killed also in Jabalia yesterday,
Speaker 16: including three holders of foreign passports. This has not been
Speaker 16: verified otherwise, but this is what they are saying now
Speaker 16: on Palestine TV. So that's what we know that is
Speaker 16: going on on the ground.
Speaker 1: Now.
Speaker 16: We have not seen any you know, further response other
Speaker 16: than the rhetoric that you've mentioned, but of course this
Speaker 16: is something I'm to still follow.
Speaker 2: You mentioned the hostages and how they are reporting in
Speaker 2: Palestine that they are killing the hostages. What's the latest
Speaker 2: on the negotiations to freedom?
Speaker 16: So yesterday we heard the head of Israel's National Security
Speaker 16: Council TEGB and he said that as far as Israel
Speaker 16: can say and report, at this time, there is no
Speaker 16: hostage negotiation. There's no deal that is in the near
Speaker 16: horizon at least that's what That's what he said. He
Speaker 16: he also mentioned that Kata and that's according to him,
Speaker 16: has has realized that Hamas was misleading them quote unquote.
Speaker 16: So according at least to Israeli officials, you know that
Speaker 16: that we're only went on the record yesterday. There is
Speaker 16: no deal in sight at this time.
Speaker 2: There are also the developments on the border crossing from
Speaker 2: Gaza into Egypt. We are learning now that foreigners and
Speaker 2: some wounded Palestinians are being allowed to leave Gaza for
Speaker 2: the first time since the Israel began the ground invasion.
Speaker 9: What are you watching for? What should we be watching
Speaker 9: for on that?
Speaker 16: Yeah, so this is an interesting development that is happening
Speaker 16: this morning. We're seeing foreign passport holders begin to exit
Speaker 16: Gaza into Egypt through the Lafa crossing. This is, like
Speaker 16: you mentioned, for the first time I think actually since
Speaker 16: Israel began its aerial attacks on Gaza or in October.
Speaker 16: And this is according to footage that is being shown
Speaker 16: and streamed on several media outlets. HAMASA did say earlier
Speaker 16: that it expects some foreigners and dual nationals to be
Speaker 16: allowed into Egypt, including Red crossworkers and nationals from Australia, Austria, Jordan,
Speaker 16: and Indonesia. And we've also been getting reports that eighty
Speaker 16: wounded Palestinians will be transferred for treatment in Egypt. And
Speaker 16: it's interesting because we have been hearing Israeli officials ask
Speaker 16: that more wounded Palestinians be taken to hospitals outside of
Speaker 16: the Gaza Strip in Egypt. Also field hospital that is
Speaker 16: planned to be set up near the border, as well
Speaker 16: as maybe some floating hospitals that will be coming into
Speaker 16: the area from countries like France and maybe others. And
Speaker 16: this is basically meant to take pressure off Israel to
Speaker 16: let fuel into Gaza, since Israel claims that Hamas has
Speaker 16: fuel and that the fuel it has facilitated not only
Speaker 16: hospitals but also underground commands and tunnels, and Israel wants
Speaker 16: to create pressure, you know, on these places. They want
Speaker 16: to move as many wounded Palestinians outside of the Gaza
Speaker 16: Strip so that you know, if the fuel runs out
Speaker 16: that it used to facilitate these underground command centers. Then
Speaker 16: eventually these commas militants are going to have to come
Speaker 16: out as well.
Speaker 2: You're listening to Bloomberg Daybreak today, your morning brief on
Speaker 2: the stories making news from Wall Street to Washington and beyond.
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Speaker 9: I'm Amy Morris and I'm Karen Moscow.
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