War in Israel Escalates; Biden Boosting Aid - podcast episode cover

War in Israel Escalates; Biden Boosting Aid

Oct 11, 202316 min
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Episode description

Your morning briefing. The news you need in just 15 minutes.
On today's podcast:

1) Israel Latest: Missiles Fired from Lebanon

2) Biden Says US Boosting Military Aid to Israel Following Attack

3) Exxon Nears $58 Billion Deal to Buy Pioneer in Big Oil Bet  

See omnystudio.com/listener for privacy information.

Transcript

Speaker 1

Good morning.

Speaker 2

I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today.

Speaker 1

We want to get right to the latest in the Israel Hamas war. More than twenty one hundred people have been killed in the last five days of fighting, including at least twelve hundred Israelis. Now, as Israel ramps up airstrikes on Gaza to the south, it is facing attacks to the north as well. Hezbollah, the Iran backed group that operates out of Lebanon, says it's carried out missile strikes on a military post near Israel's northern border. All this as the first usaid begins to arrive in the

form of advanced ammunition. A US aircraft carrier group, the USS gerald Ford is in the Eastern Mediterranean as well. Jonathan Conricus with Israeli Defense Forces says that should send a message to Hamas and its backers.

Speaker 3

This battle group is here to make sure that the war against Hamas doesn't escalate to a regional war between Israel and many other entities.

Speaker 1

But the president of Turkey, wretch of type one, is criticizing the US show of support.

Speaker 4

What will we do with the boats and plans that this aircraft carrier is surrounded with table takedown causa by striking the surrounding areas and start committing serious massacres.

Speaker 1

President Erdwan of Turkey spoke through an interpreter Well Nathan.

Speaker 2

President Biden is vowing full US support for Israel, with the country's full backing, including shipments of munitions and intelligence assistants.

Speaker 5

When Congress returns r and asked them to take urgent action to fund the national security requirements of our critical partners. The United States has also enhanced our military force posture in the region to strengthen hard determs, and we stand ready to move in additional assets as needed.

Speaker 2

In Israel's Prime Minister Benjamin and Yahoo told President Biden he's grateful for the US support.

Speaker 6

Well, I want to thank you for your continued and unequivocal support and the work of your entire administration to support us. We've never seen such savagery in the history of the state, and worse than Isis. They're even worse than Isis, and we need to treat them as such.

Speaker 1

And Prime Minister Nataya, who expects a long conflict, we spoke earlier with Israeli military spokesperson Doron Spielman, we.

Speaker 7

Launched over no last number of years operations that were limited in scope. I think it's clear to anyone who's seen the turnage that took place in Israel, the one thing to not did for us is they pushed us into a corner and they said they made us understand that we have absolutely no choice but.

Speaker 8

To defeat them.

Speaker 1

Along with Israeli military spokesperson Doron Spielman, we also spoke with Mustapha Barghuti, who leads the Palestinian National Initiative. That's a group that advocates for nonviolent resistance.

Speaker 8

I am really worried about the fact that it seems that NATAIO doesn't care not only about Palestinian lives, but also about the lives of two hundred Israeli prisoners who are now in Deza, and many of whom could be killed if it continues. The airs takes on Gaza Strip.

Speaker 1

Staff of Bargudi with the Palestinian National Initiative is calling for a ceasefire.

Speaker 2

Well, Nathan. As the war rages on, a growing number of airlines are suspending traveled to Israel, and we get that story from Bloomberg's Lisa Mateo.

Speaker 9

Turkish Airlines is pulling its flights from Tel Aviv until further notice. American Airlines extended its suspension through December fourth and is working with partner carriers to help those trying to lead the city. Finnair is canceling flights until March thirtieth, while EasyJet temporarily suspended its service Liftanza Air, France and other major US airlines announced their suspensions Monday. So who is still flying to Israel? British Airways, Virgin Atlantic, Emirates, Fly,

Dubai and Pegasus are operating with adjusted schedules. Lisa Matteo, Bloomberg Radio.

Speaker 1

NI Lisa, thank you. After many commercial airlines suspended operations in Israel, a growing number of governments are sending aircraft to airlift citizens out of the country. Both Germany and France plan to operate evacuation flights well, Nathan.

Speaker 2

The amount of aid to Israel is in question now because of uncertainty in the House. It's been leaderless and unable to handle normal business since Hound speaker Kevin McCarthey was ousted last week. Republican lawmakers planned to meet the SHA afternoon to choose a Speaker nominee. Kentucky Representative Tom Massey pushed the chances his party settles on a nominee today at two percent.

Speaker 1

In Legal News, Karen, we continue to follow the high profile trial of FTX co founder Sam bankmin Freed. Caroline Ellison says Bankman Freed, her former boss and former boyfriend directed her to commit crimes. We get the latest from Bloomberg Shaneali Basick.

Speaker 10

We know that Caroline Ellison, who has been a pivotal witness both for the sake of the prosecution as well as someone who's come up in the sake of the defense. She has come up and immediately said, yes, we did commit crimes Sam and I and others. And she said that Alameda took several billion dollars from FTX customers and used it for its own investments and to pay off lenders.

Speaker 1

Bloomberg Shanali Basik says Sam bankmin Freed has denied all allegations against him.

Speaker 4

Well.

Speaker 2

In Corporate News, Nathan, Exxon mobil is closing in on a huge takeover, and we get the latest from Bloomberg's John Tucker.

Speaker 11

Kareny it would be an all stock deal worth fifty eight billion dollars and could be announced as soon as today. Exon Bobol trying to buy Pioneered Natural Resources. The deal would be the largest corporate takeover announced globally this year, and Exon's biggest acquisition since merging with Mobile in nineteen ninety nine. It's a clear bet that oil and gas will remain central to the world's energy mix, despite the

push toward eight lower carbon future. A pioneer saled may spark's similar interest in other shale producers from Big Oil in New York. Im John Tucker, Bloomberg Radio or.

Speaker 2

R Nathan, thanks Time Now for a look at some of the other stories making news around the world. For that, we're joined by Bloomberg's Amy Morris Sainting. Good morning, Good morning, Good morning, Aaron.

Speaker 12

President Biden has confirmed Americans are among the more than one hundred and fifty hostages being held by hamas. An exact number is not being shared, though Bloomberg's Nancy Lyons brings us the.

Speaker 13

Latest Lifehouse nationals to security advisor Jake Sullivan says twenty or more Americans are unaccounted for, but he stresses it's unclear how many could be held.

Speaker 14

We're working with the Israeli government and with our regional partners on every aspect of the hostage crisis, including sharing intelligence and deploying experts from across the US government to advise the Israeli government and coordinate with them on hostage recovery efforts.

Speaker 13

Sullivan says Secretary of State Anthony Blincoln will travel to Israel this week to discuss additional resources the US could provide. In Washington, Nancy lyons Bloomberg Radio more military support.

Speaker 12

While the United States already gives billions of dollars a year to Israel for security, US lawmakers say Israel can count on more. Republican Congressman Dan Crenshaw of Texas says they'll wait to hear from Israel about how much military support they'll need.

Speaker 8

They'll let us know what they need.

Speaker 1

That the most likely looks like is a deeper magazine, so that means more rockets, more hyper as and munitions, things like that.

Speaker 12

Congressman Crenshaw ssays Israel's defense force is still reeling from the surprise attacks over the weekend. Also on Capitol Hill, House Republicans are scrambling to get behind a speaker candidate before today's party vote, questioning Representatives Jim Jordan of Ohio and Steve Scalise of Louisiana for several hours behind closed

doors about their visions and strategies for the majority. Now, the congressman who put it all into motion, Florida's Matt Gates, predicts how today's vote's going to go.

Speaker 15

In a world in which only two people are running for Speaker, it's going to be pretty clear who has the most support. And once it's clear who of the two as the most support, I think there's going to be a tremendous amount of pressure to coalesce around that candidate.

Speaker 12

Most Republicans have not announced their support publicly, teeing up a day of uncertainty as they prepare for what could be several secret ballid votes for Speaker. Global News twenty four hours a day, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty country him, maybe Morrison.

Speaker 2

This is Bloomberg, Karen right Amy, Thank you while we bring you news throughout the day here on Bloomberg Radio. But now you can get the latest news on demand whenever you want it. Subscribe to Bloomberg News Now. To get the latest headlines at the click of a button. Get informed on your schedule. You can listen and subscribe to Bloomberg News Now on the Bloomberg Business app, Bloomberg dot com plus Apple, Spotify, and anywhere else you get

your podcasts. But it's time now for the Bloomberg Sports Update. Here's John Stashauur, John Karen a.

Speaker 16

Kevil of blowouts in the Alds.

Speaker 2

Up.

Speaker 16

First, the Houston Astros. They won nine to one at Minnesota. Hosea breohomer twice, the three run shot, the firste off, Sonny Gray, Alex Weregman, and Jordan Alvarez also homered. Alvarez has hit four homers in three games in the series. Christian Haavier lout only one hit. The Astros lead the series two to one. They can win it and get back to the Alcs Today. Time for the Texas Rangers, who were looking for a Alds sweep.

Speaker 15

For the Orioles, He's ready on the one.

Speaker 16

Two.

Speaker 1

Garcia hits this one high and deep till left.

Speaker 17

Really high really four hay gone a dooleys Garcia and the Texas Rangers now leaded six to nothing in the second inning, Yes being.

Speaker 16

Had the call seven to one was the final nighth of Evaldi won seventeenth for the victory. The Rangers sweep the series after sweeping Tampa Bay in the wild card round. They're on to the ALCS Openy Night. In the NHL, the first game was at Tampa Bay. The Lightning beat Nationale five to three, and then it was Chicago a four to two winn at Pittsburgh. Blackhawks only won twenty six games last year, but they had the first pick of the draft and took Connor Bedard, only eighteen years old,

expected to be a generational talent. He had assist in his NHL debut, and then they hoisted the Stanley Cup banner in Vegas. Golden Knights got thirty two Saints and Maiden Hill shut out Seattle to to nothing. Long time ESPN NHL analyst Barry Melrose suffering from Parkinson's disease and leaving the network. John Stasha or Bloomberg Sports.

Speaker 18

From coast to coast, from New York to San Francisco, Boston to Washington, DC, nationwide on Syrias Exam, the Bloomberg Business app, and Bloomberg dot Com. This is Bloomberg Daybreak.

Speaker 1

Good morning, I'm Nathan Hager concerns about a wider war in Israel may be building, with the fight against Hamas now into its fifth day. As Israel continues to pound Hamas targets in Gaza with airstrikes to the south, the Lebanese militant group Hesbelah says it is now entering the fray with rocket attacks against Israel to the north. For the latest, we're joined by Bloomberg News Israel bureau chief

Ethan Brawner in Tel Aviv once again with us this morning. So, Ethan, what is the latest that we're hearing about these Hesbelas strikes and the concern that this could lead to a wider conflict for Israel.

Speaker 4

Well, yes, so there have been some strikes, as you said, and in the israelis hit anti tank missiles at the border post. I think an enormous concern. I it's it's the main reason, of course that the United States sent the USS Gerald R Ford and its battle fleet to the eastern Mediterranean to send a very distinct message to his Bela and Iran that they ought not to actually get seriously involved. And I think this is one of the great questions. I mean, it's very hard to tell

his Belah has suffered. In two thousand and six, Nosraula, the heead of Isbelah, you know, entered this war with Israel and suffered very badly, and was quoted afterwards just saying if I had known, I wouldn't have entered. Now in those years since, I think he's gotten a lot more money and arms in training, and probably a lot angrier toward Israel, and so I think the question is would he do so? And it's very hard to know.

My instinct is that he would have. He would have been happier, if you like, to have entered on Saturday itself and been part of the big moment. And whether that's going to make it easier or harder for him to do it a little later down the road, it's hard for me to know. But he has sort of lost the sense of surprise that would have been involved in being part of it. And the north of Israel is being evacuated, so he's going to have to work harder to harm Israel, but that doesn't mean he won't try.

Speaker 1

Is there a concern that with Israel focusing so much now on the south, on the Gaza strip, that it would be prepared for further escalation to the north. Were it to come to that.

Speaker 11

There is that concern.

Speaker 4

But of course if you and I thought of it, so has the Israeli Defense Forces, and so they have moved people and sent messages and so forth up north. There are contingents of the military that are up there. So but yes, I mean, if they're going to be all in in Gaza, is that going to make it possible for them to do what they need to do

in the north. It's hard to know. And we've been hearing for at least fifteen years that his Bellah has been storing and putting rockets and missiles on launchers underground in Lebanon, in southern Lebanon, that some of them long range, some of the media range that could reach Israel. Now, it needs to be said at the same time that the current Israeli Defense Forces is in a very, very angry mood. This country is feels like its existence is

at stake. It feels like what happened on Saturday is a reminiscent of the worst things that have ever happened in Jewish history, and it will be as unforgiving as imaginable if Isbela does get involved, So it means I think that southern Lebanon in Beirut would suffer terribly. Now just Ustrala enough to stop him. I don't know.

Speaker 1

The first US aid has begun to arrive in the form of advanced ammunition. The President in the United States is promising more. Does Israel feel as though it's adequate at this point?

Speaker 4

It's a good question. I haven't put that question to anyone, so I can't answer it definitively. I think that the understanding is that this is the first shipment and more will come. Israel did say that it was stretched for its munitions and other things, and therefore it needed this aid. It has started to arrive. I think more will come. Some of the important parts that are coming are part of the anti missile system, the Patriot missiles that stop

incoming rockets. But again, if there's a huge plethora of coming in at once, the system, you could imagine could be overwhelmed.

Speaker 1

And just quickly Ethan. In our last thirty seconds, here are we seeing further signs from Israel that it could be preparing a ground invasion in Gaza.

Speaker 4

Shocked if there was not a ground invasion in Casa, So I think that all the signs are that this country is preparing to go in in full force soon, and we have to hope that they can minimize damage to civilians, which I'm afraid will be difficult for them.

Speaker 1

This is Bloomberg Daybreak Today, your morning brief on the stories making news from Wall Street to Washington and beyond.

Speaker 2

Look for us on your podcast feed at six am Eastern each morning, on Apple, Spotify, and anywhere else you get your podcasts.

Speaker 1

You can also listen live each morning starting at five am Wall Street time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh six to one in Boston, and Bloomberg ninety sixty in San Francisco.

Speaker 2

Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty.

Speaker 1

Plus listen coast to coast on the Bloomberg Business app, serious XM Channel one nineteen ten, the iHeartRadio app, and on Bloomberg dot com. I'm Nathan Hager and.

Speaker 2

I'm Karen Moscow. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg Daybreak

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