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The US is entering the third week of its war with Iran. Defense Secretary Pete Hegsett slammed Iranian leadership and questioned if the new Ayatola is up for leading the country.
Ron's leadership is in no better shape. Desperate and hiding. They've gone underground, cowering. That's what rats do we know? The new so called not so supreme leader is wounded and likely disfigured. He put out of statement yesterday a week one actually, but there was no voice and there was no video.
It was a written statement. He called for unity.
Apparently killing tens of thousands of protesters is his kind of unity. Iran has plenty of cameras and plenty of voice recorders. Why a written statement.
Jordian Us. This morning, Bloomberg Jerusalem reporter Dan Williams.
We've got Bloomberg's Washington correspondent Jeff Mason, who is traveling with President Trump this weekend. He's in West Palm Beach, Florida. And Philip Crowther is with us as well. He's an international correspondent for the Associated Press and joins us straight side.
He's reporting from the strait of horror moves this morning, phil let me start with you if I could, and with that attack on Carg Island, I'm going to read a bit from the truth social post the President posted last night about that attack.
He said, at my direction, the.
US Central Command executed one of the most powerful bombing raids in the history of the Middle East, the President's words, and totally obliterated every military target in Iran's Crown Jewel Carg Island. Our weapons, he writes, are the most powerful and sophisticated that the world has ever known.
But for reasons of decency, I.
Have chosen not to wipe out the oil infrastructure on the island. Would love to get your perspective from your vantage of the significance of that. We know that ninety percent of the oil that Iran produces goes through this hub off the coast of Iran. How big a deal is this and what is it signal to you that it wasn't a kind of full attack on the oil infrastructure on that island Fillip.
Well, first of all, it's certainly considered an escalation by Iran, because shortly thereafter comes the statement from the Iranian Revolutionary Guards says that because those attacks were staged here in the United Arab Emirates, by the way, without proof from Iran that that was actually the case, but because of what they think were attacks that came from here, that cities and ports in the UAE are now not safe
anymore and are legitimate targets. Iran also says that people here should now leave those places because attacks might be coming.
Now.
It's worth saying that that has already happened. Remember that the likes of Abu Dhabi and Dubai, the biggest cities in the United Arab Emirates, have already seen drone attacks since the start of the US Israeli war on Iran.
But we have though, as part of.
That Iranian escalation, at least in theory, we do have seen something concrete on the ground. Not too far from here, just south from here in Fujaira is a very large oil facility that was struck earlier this morning by what presumably were Iranian drones. We do not have a confirmation thereof but there were two large columns of smoke billowing
from that oil facility just a short while ago. Now that is particularly important right now because with the Strait of Hormones and you can see the entrance of it right behind me, with it essentially being closed, well, there are some ways of bypassing it to a lesser degree.
There are pipelines in Saudi Arabia and the United Arab Emirates that can bring oil away from the Persian Gulf and to other ports where oil can be picked up and where the Strait of Hormus does not need to be used, and Fujaira, just down the road from here, is one of those. Now a little note on the Strait of Hormus I just mentioned there is very little movement, and we have been watching it from our vantage point here, almost no movement whatsoever. We can see dozens of ships here.
Now these are tankers that carry oil but also natural gas. They are waiting to enter the Strait of Hormus. And then there are hundreds in the Persian Gulf who are waiting to get out. So far we've seen very little movement. We do know that some China linked ships have made their way in and out of the Strait of Hormus, and Iranian ships as well, a tiny, tiny exception. They are essentially what we're looking at here is a pretty much a full on blockade of the Strait of law Moves.
All right, I want to pivot to a different peninsula, and that's Jeff Mason, who is with the President of Florida.
Jeff and your.
Latest piece, you've got a good breakdown of what the war is costing so far. US officials told lawmakers in the first six days of the war with Ron costs more than eleven point three billion, says a person familiar with the matter, How do you think that cost is going to go down with both members of Congress and the American public? As this war, the President has said, could go long, may not go long.
We're gonna have to wait till he feels it.
Yeah. I asked him that last night on the TIPE.
I heard you.
I thought that was your voice, and I was listening to that this morning, Jeff Mason.
Yes, you were spot on there, Christina, and he said he said it would last as long as necessary. And I think it's worth taking a pause to talk about that for a second, given that just a little over a week ago, I believe when he was starting to feel politically sensitive to the price of oil and gasoline, he suggested that the war was going to end quickly.
He didn't give a timeline then.
He hasn't given a timeline now, but he has walked away from that language and that action right there. Verbal decision anyways, is something that I think markets are going to be sensitive to. Going forward to your question about Congress. Look, the President already has a sales pitch to make to Congress, certainly to Democrats, which I think he's probably much less concerned about, but more generally, there's already some tension there about the fact that he has launched a war in
the Middle East without seeking permission from Congress. The Congress, as you well know, also controls the purse strings and that amount of money is no doubt something that's going to get scrutinized. And as I like to mention because politics is my wheelhouse, this is an election year. And this is also a president who campaigned on and in fact started his first year talking about government waste and about cutting down on government spending.
Obviously, a war costs money. A war does not achieved those particular goals. Dan Williams, let me turn to you.
I want to ask ask about Israel's incursion into Lebanon, which is really escalated here and I'm very curious about the end goals for Israel. I know that the UN Secretary General Antonio gu Teresh was on the ground in Beirut in recent days. Let me play a bit of tape of what he said to both of those feuding parties, Lebanon and Israel.
My strong appeal to postparties, to Asbola and to Israel is for a ceasefire, to stop the war and to pave the way to find a solution that would allow Lebanon to become a country independent with sovereignity and territory integrity.
Respected the UN Secretary General saying he made that trip in solidarity his word with the Lebanese people. We see reporting from Axios this morning that Israel's planning to significantly expand its ground operation in Lebanon with the aim of dismantling Hespola's military infrastructure. That's according to Israeli and US officials Axio sites quote. This could be the largest Israeli ground invasion of its northern neighbor since two thousand and six,
dragging Lebanon to the epicenter of the escalating war with Iran. Dan, I'm very curious what you're hearing from Israeli officials about the objectives of this military campaign, this effort here to encroach on, perhaps seize more territory in Lebanon.
All that's certainly the mood music. In fact, it was stated explicitly by the Israeli Defense Minister that, as he put it, the Lebanese state had failed to impose its authority over the entirety of Lebanon, meaning reining in that subnational group has bela, a group that's clearly a cats ull for a run, a group that reopened the Lebanese front with Israel in solidarity with Iran a couple of days into this Gulf War. This Iran war that we've
all been covering and dealing with. So these Raelies haven't said explicitly how deeply they're willing to go into southern Lebanon. They have ordered out civilians. Hundreds of thousands civilians have now fled accordingly north of the Litani River, which is the natural demas location of southern Lebanon. It makes up something like ten percent of the Lebanese landmarks there. If you believe the access report, Israel is willing to go all the way up to the Litany Again. Perhaps there
is some saber rattling here, some muscle flexing. Given that an invasion on that scale would really require a couple divisions worth of troops, these realies may need time to muster that number of men. They have been doing so in recent days. I'm not sure they would want to. I think they would still want to see the Lebanese state intervening, coming in at last moment to really impose
its authority on Hesbela. But given that Heswelder, especially in recent days, has been escalating rocket attacks into northern Israel, Israel responding in kind, it would appear the escalation vecer is very very clear here.
Pop I want to ask you because you're in the area. You were talking about those stranded ships, and later on the show, we're going to talk to you unofficial about what these international agencies are trying to do to help the stranded sailors. About twenty thousand stranded merchant marines and sailors on those vessels. Four have already been killed, seven injured, and at least seven ships have been hit either by flying debris or other explosions in the region. What are
the different governments trying to do? Are those vessels just sitting out there? Are these sailors coming into port? Are they getting supplies out there? Can you give us kind of a situation?
No, Look, the truth is there is pretty much no movement whatsoever. A colleague of mine, though today was in touch with one of the sailors on one of those tankers, in fact, waiting to go through the Strait of Hormones. He actually told him that he felt a little bit like a sitting duck and was a little bit afraid that the oil company or maybe the transport company wasn't clear there who he mentioned, was feeling the pressure for financial reasons to actually move through the Strait of hormones
despite the dangers. So that is the situation these seamen are in. Essentially, the pressure to make money and to move through the Strait of Hormus is huge. It's just right now that because of these recent Iranian attacks, and there have been several of them as you mentioned, and the threats that more will be forthcoming, that the evaluation right now is simply it is too dangerous to move
through the Strait of Hormus. Insurance companies, as I'm sure you have spoken about over the last two weeks, insurance companies have sky rocketing rates and they also, of course deem it very very dangerous indeed to pass through the Strait of Hormuz. So there is no movement here, not in and out of the strait, and not towards any
ports either. Now generally these are ships and it is a generalization, but still they tend to have enough provisions on board once they get close to the Strait of Hormos because they know, especially during this time, that something bad could happen and then they might get stuck. So in that sense they should be Okay, Now, what are
government's doing. Of course they want to get there, yeah, citizens out, but there's very little they can do that brings us onto an entirely different subject in a sense, is what can foreign governments do to actually get these ships moving through the Strait of Hormuz. Of course, the Trump administration has spoken about the possibility of escorting ships. It's not something that is happening right now, and it's also something that is very hard to put into place.
It is logistically very very hard. And it's also a military option in a sense, because as long as Iran has the power, the firepower to attack ships and to use drones on cities here in the United Arab Emirates, well, then it should also be powerful enough to take on the US Navy if it brings in escort ships. Now there's another attempt to France is involved in a potential international coalition to escort ships in and out of the Strait of Hormuz. Again, that takes weeks to set up.
It's not going to happen anytime soon.
Jeff Mason very quickly want to wrap up with you here. We got about a minute left and we're kind of threading through the conversation comments. We've gone from the President to Brian Kilmead and on President Trump's truth social site. He writes, the fake news media hates to report how well the US military has done against Iran, which is totally defeated, and wants a deal, but not a deal that I would accept. And we see this news that the US is sending twenty five hundred additional marines to
the region. You're read on what that poor tends. It's going to take about a week for them to get there. What does it say about the President's appetite for a deal in the minute we have left?
Well?
Number one, I would say that the President is telling the truth when he says the war's going to go on as long as necessary. It doesn't seem to me like he has an endgame in mind, and it does seem like he's prepared to increase resources to achieve the goals that he's looking for. I wouldn't take seriously what he or what Secretary Heigks has said yesterday about how the media should be covering the war. It's our job to cover it truthfully and factually and not take tips
from the government. But I would say, from an analytical perspective, it is not unrealistic to conclude that they're committed for a long term, even if that has a negative impact on the economy and a negative impact on the president's political prospects in November.
Jeff Mason, thank you very much. Jeff Mason, who covers the White House for us here at Bloomberg. Dan Williams, our Jerusalem reporter with us this morning. And Philip Crowther, who's with the AP on the straight of corn Mows, thank you very much.
For the time.
Thanks guys, stay with us for more on Bloomberg this weekend. Right after this, the war in Iran continuing to ESK late and Wine, as we've been discussing so far this morning. President Trump taking to truth social late last night claiming iron had plans to take over the Middle East, obliterating Israel, but now quote just like Iran itself, those plans are now dead.
All right.
Joining us now is retired Colonel Joel Raeburn. He's a former member of the National Security Council staff. During President Trump's first administration. He was also Envoyd Assyria and a senior fellow at the Center for Peace and Security in the Middle East at the Hudston Hudson. Excuse me, I almost got through that whole title. At the Hudson Institute. Jill,
thank you so much for joining us. Given all your experience in the region and at the State Department, I do want to ask you your take on some of these evacuations we saw. It appears at least the embassy compound in Baghdad seems to have taken us strike this morning, there was smoke rising over that horizon. We've also got ordered departures in Bahrain, Iraq, Jordan, Kuwait, Lebanon, Kutar, Saudi Arabia, UAE,
and a regional consulate in Turkey. What does it do for State Department operations when you have so much going on in a region, you need all those people who know those countries, and you also need them out of harm's way.
Well, good to be with you.
Yeah, that's a tough situation because the Iranian regime has been targeting those diplomatic facilities. Because the Iranian regime doesn't really distinguish between military and civilian targets. They will target each indiscriminately as though they're equivalent. They don't respect that division, So our diplomats on the ground do have to be
cognizant of that. It's not the first time that We've had to do this kind of order departure or authorized departure from some of these stations because it's the Iranians before who have threatened those facilities. So yeah, it cuts down on our diplomat's ability to do their work and engage with host nations in those places, but they have to be kept safe.
I want to get your read on this story that's developing that the administration is sending twenty five hundred additional marines to the region in light of what's been happening over the last couple of weeks, and that will kind of add to the total fifty thousand American troops that are in the region right now.
What does that portend to you? How do you read that?
And then I'm curious as we listen to the President not ruling out the prospects there being boots on the ground unequivocally, does it concern you? Does it raise an eyebrow that this could be where we're headed if we have that many new troops headed to the region.
Well, no, because in addition to being a state department, a former state imparted person in a former life for twenty six years, I was an army officer, and I was actually a military planner and analyst at US Central Command, the headquarters that is carrying out this campaign in lead for the United States, and so I was familiar back then, in the old olden days with an earlier version of this campaign plan and the idea of having a marine expeditionary unit to do the kind of operations that you
would need to protect commercial vessels, commercial shipping going through the Straight of Hormos, to be able to do operations in the Persian Gulf literal, to protect shipping, to be able to would give the President, would give the Sentcom commander more options, and it actually signals, I think it's a good signal to the Runian regime leaders in Tehran that the President and Admiral Cooper are keeping that option open.
That's precisely the kind of very well trained marine force that you would need in order to be able to seize threatening vessels, in order to be able to disrupt mind laying operations if the Iranian regime were to do that, or if they were want to try to seize some sort of Iranian island, maybe carg Island or other facilities like that. It's signaling that the US has that strategic option.
Colonel, Since, as you're saying, this plan did exist during the first term, how closely is this administration's action following that plan and what comes next?
Well, I don't have any inside information on that. Being retired, I'm out of the loop, so I can.
You were in the loop the first time around. So so far is it playing out according to a plan?
Well, it's so much, so much more advanced. I mean as a as someone who was formerly familiar with an earlier version of that plan. The military technology advances just in the fifteen years or so since I was involved in that sort of thing are just astonishing. And the military imbalance between the US and Israel on one side and the Runnie regime on the other is far wider than Syncom would have enjoyed back then under General Abaza,
General Portrayus and so on. It's if you had told me in two thousand and nine that two weeks into this campaign plan, the running leadership would be decimated. Their ballistic missiles would be down by over ninety percent, They're drones down by over ninety percent. They would have no operable air force, navy, missile defense, and air defense. I'd have told you you were smoking something. It's just astonishing
the military progress this being made. You know at that at an operational level, you talk about the military progress made.
The President sat down with Brian Kilmead on his radio show a little earlier this week and talked about.
What an endgame might look like. Let's take a listen to what he had to say to Brian. Kill meat with the greatest economy and histrue, do we still do?
Oh?
This will bounce right back when it's over, and I don't think it's going to be long when it's over.
This is good. Abounce right back so fast. When are you going to know when it's over? When I feel it? Okay, fill it up my bones, colonel.
I want to get your reaction to that last line, when he feels it in his bones. But you very clearly laid out that list of all of the defensive targets that have been hit by by the US and taken off line that Supreme Leader killed. As you mentioned, your sense from your experience in the first term and from what you've observed here over the last few weeks, of what the endgame is likely to be here and what the timeline this administration is working with.
Well, there's a military endgame, there's a military state that's very clear. There's a political in state that's that's something different. On the military side. The objectives that they laid out the President's Secretary Rubio at the beginning of eliminating the nuclear program, ballistic missile and drone program, the ability for the running regime to use terrorist proxies outside their borders. Those are all well on their way to being accomplished.
And then the further phase of essentially eliminating the Runnian regime's production capacity to be able to regenerate those kind of things if there is a cessation of hostilities with an Iranian regimes still there in place now, the political in state is still unclear, and it seems it seems to me as I was a staffer for President Trump, we all know the President is someone who likes to
keep his strategic options open. He enjoys strategic ambiguity because it gives him leverage in negotiating outcomes, and I think he's still.
Doing that here.
Whether he's willing to tolerate an end of campaign with the rump Iranian regime still in place but greatly weakened with lacking the capacity to go on into the future is something he's keeping. He's keeping that option open's and that creates confusion on the Iranian regime side. I think that actually hinders their ability to respond, which is what you want, colonel quickly.
Before we let you go.
The Secretary Defense admitted in his press conference this week saying that I can't say that we anticipated necessarily that's how Iran would react. He was being asked about Iran's striking regional allies, which in his defense, I think did take quite a people, quite a lot of people, even.
Regional experts, by surprise.
Should the US have anticipated that, and how should the US respond to an Iran that is willing to strike friends and neighbors in the region.
Well, I think when you're planning, when you're going through the permutations and possible scenarios, if you're planning out your war gaming a campaign plan like this, I think absolutely the planners would have had a scenario where they said, the Irani regime just lash out at the region around it. You would consider that, you would consider that a worst case scenario, but you'd also consider it I think low probability, because it's something that's so counterproductive to Iranian interests.
It's harmed them so much.
The entire rest of the Arab world and Turkey were drawn into a conflict that they had intended to stay on the sideline.
Colonel, thank you very much, drawing from your expertise, so yes at ten Colm, as you mentioned, and on the NC as well.
Grateful for your time on this morning. That's Rape Raber enjoying us here on Bloomberg this week.
Stay with us for more on Bloomberg this weekend.
Right after this, a several days ago, as part of our c Sweet Saturday segments, we spoke to the CEO of Train Technologies, Dave Ragnery, about his company and how they are transforming in an ever changing climate.
Think of Trained Technologies were a globe HVAC player, Okay, so I think of a heating, ventilation and air conditioning. We're also a leader in transport refrigeration with our Thermal King brand. We're a pure play climate innovator and you know, our purpose is to challenge what's possible and innovate for a sustainable world. And over the last six years we've
had just a great run. I mean, our compound annual growth rate on the top line is eleven percent, a little but over eleven percent, and on the bottom line it's over twenty percent. So I'm super proud of what our team has been able to accomplish. And as I always tell people, we've had a great run over the last five plus years. But the future looks even brighter than what I saw five years ago.
And the company itself, I mean, I'm familiar with you guys from your home product, which is a smaller portion of your portfolio, but the company itself has existed in some form since nineteen thirteen, and you've been around well almost that long. I'm just kidding, but you can start out at the company, not an existence.
It's got a compliment.
When I came down, someone said you look younger than me.
I'm sorry, I meant duration you've been at the company, but you started.
As an intern.
I started as an intern back in nineteen eighty five. Just to just to date me a bit here, but yeah, I mean, when I came out of college, I was going to go into investment banking and I decided, no, no, I'll take this opportunity and go learn a business. And I figured I'd be there for just a short period of time, but I just had so many different roles in the company. I kept advancing to different areas of the company. And you know, people always ask me, well,
how'd you get to where we are? Is it luck or hard work? I tell them what, the luckier I get, the harder I work, right, But it's just you know, I've had the opportunity to run all the businesses that we have in the company today, so I know them very very well. And it's just such a great company.
You know.
When I started as CEO, and I've been the CEO now for coming up on my fifth year, I knew we were a great operator, and I knew we were a great innovator, but we weren't thought of as a growth company. Why not because we weren't growing at the rates that we should be growing at. And I knew we had every opportunity to be this growth company. And trust me, you don't become a growth company just because the CEO says it, puts it out a PowerPoint and
say hey, let's become a growth company. Yeah, it doesn't work quite that way. But one of the things that we did was we had to change the mindset. So we have as I'm sure, most companies do. We have an annual operating plan and that kind of sets every business's plan for the year. And I won't say it was a negotiation, but it kind of felt like it at times, like people wanted a lower number because nobody wants to miss their forecast. And early on we changed
it and we basically said, so the business. The first business comes in and presents their operating plan to us, and that was like a two or three percent growth, right, which is you know, incremental. So the assignment that they took away, I said, come back in two weeks and I want you to tell us, my CFO and myself what you need to invest to grow at fifteen.
Percent for the fences.
Yeah, and so you know, here we are so role fall where each business comes back two weeks later and they come back with these investments and my CFO is kicking me under the table, say, Dave, I don't know if we can afford all these I said, no, it's not. They'll never be able to spend that amount of money. But by the way, I need a mindset shift change. And that was kind of the catalyst for us to start thinking about, hey, we can be a growth company.
We are going to invest. You mentioned your optimism for the future.
We're at a moment where so many businesses are being disrupted by AI or have the potentially be disrupted by AI.
Talk about your.
Involvement in this boom and data centers that I mentioned just a moment ago. It's sufice to say you might not have predicted that a few years back, but this has become a huge growth opportunity for your huge driver of the growth that you're talking about.
Sure, I mean, look, data centers. We've always been strong in the data center vertical, okay, but we're also very strong in other core verticals and we track fourteen different verticals and data centers is one. But data centers has been very, very strong. And we're part of the thermal management system within a data center. So data centers produce a lot of heat. That heat has to be removed the we're the company that helps the data center OEMs
remove that heat, and it's really through Childer Technologies. It's through what they call CDUs or cooling distribution units fan walls. There's lots of different components that make up that thermal management system. But we're a leader in that space. But We've been a leader in that space for decades.
This is kind of controversial because these these data centers are going into areas and they're driving up energy costs. And as much as people like to chat GPT things, they also not like to not pay a ton for energy bills.
Is there a balance to be struck there?
Yeah?
I believe there is because well, like I said, we're very strong in other verticals, right, and we need the intelligence from data centers to help us make buildings smarter. And if you think most buildings, they use about forty percent of the energy in a building. And by the way, globally thirty percent of all energy is for buildings, but forty percent of that is for heating and cooling.
Wow.
And we know most buildings.
Operate very inefficiently, like thirty percent inefficiently a very conservative number. We've developed algorithms to make buildings smarter and this is why I'm so excited about the future.
They talk a bit about who you're hiring to work for your company, So I mentioned forty five thousand employees. Are you able to find the kind of workers that you need in this environment? I know that there are reports that this is a difficult labor market for a lot of people. Who are you looking for and what is the training process like for those new Employeesah, great question.
Look five years ago we had when we started as Training Technologies, or six years ago now we had thirty five thousand employees. Today we have over forty five thousand employees. So growth companies create job opportunities. I'll start with that. Now, you need to be able to recruit the right talent like service technicians. Right, we're always looking for great service technicians. And we learned during the COVID period that it's really hard to recruit these positions and find the right talent.
So we developed an apprenticeship program, and today the apprenticeship program is now backed by the Department of Labor. I believe we have about four hundred employees that are part of this apprenticeship program. And by the way, depending on your experience, this apprenticeship program could be two years to four years. And here we're just changing lives of people. We now use our hourly workforce as a place to recruit for the apprenticeship program for technicians.
Whether it works or not, you're going to learn.
A lot by saying yes and understanding what someone else's problems are right, and you know that's our whole mindset. And we love being close to customers, we love working towards yes, and we love our innovation.
Dave, thank you very much, appreciate it.
Thank you for being here, for being our very first CEO Saturday c sueet Saturday.
Guests, and I feel privilege to be here, So thank you very much, and thanks for your time today and good luck with your show.
Thank you for that.
When we come back, the point of News Quiz, take us with you no matter where you go. You can watch us on Bloomberg TV, listen on Bloomberg Radio, stream us live on the Bloomberg Business app.
Wherever you are, We're there. This is Bloomberg.
Stay with us for more on Bloomberg this weekend.
Right after this, welcome back now for this weekend's pointed News Quiz, the News Quiz for rist taker.
I'm very excited about this as I was last week until I lost the first and.
That's true if you.
Did lose to me last week.
However, I have not studied as much as I did last week, so this may be your week.
There are three categories as usual, Lisa, Matteo quiz Master extraordinary.
Yes, what are.
Yes?
I know? I see it in your face, David. Okay, So you basically have thirty chips in front of you, each of you. So Christina has thirty, David has thirty.
Okay.
Now, based on those three categories, you're going to place your chips where you think you know the best. If you get the answer wrong, you hand over those chips, you bet to me yes, okay, and you lose them and you lose some points. Okay, So let's get to our categories. This is what David was Okay. The first category is oil.
Oil, We've been talking about it at.
Some length, is going to get extra embarrassing.
This should be in good position for this one.
Second category Asia politics, okay. And third category is Hollywood. You know, oscars around the corner.
Guy.
You are already demonstrated how little I know about this.
You have other strength, all right, okay, So Christina, you're going ten across I know.
Okay, the first one. David's going into twenty on that. Okay, oil again, we've talked about it a lot.
Yeah, I feel okay, I know, I know, but I'm nervous.
But I'm not an expert on apropol.
Are you ready for this question?
You maybe disappointed? Okay, I'm ready.
Okay, here you go play with us along at home too as well. Okay, So question is oil and gas Giant Shell agree to sell which brand to the private equity firm Mono Mae for one point three billion dollars?
How are you feeling about those.
Twenty my gosh, I was not expecting a.
I really have no idea which brand? Which Brandy?
Think of?
That's the thing of subsidiary.
Correct which which brand?
Okay?
They agreed to sell it? Yeah, all right, private Monomoy Montamoy. Okay is that a hint? No, but it's a brand that you're may be familiar with. If you get an oil change.
Oh okay, all right, you know you feel better?
Okay, okay, okay, ready.
Let slip a regular oil when you changed.
You just flip it valel valveeln. Oh and what do you have, Jeffery love Christine.
It's like the only thing I know about oil changes.
This is the best game ever.
The only thing you know about oil changes is Jiffy.
And then I never get them done.
And then my brother, yea, you can I take your twenty day.
Okay, we're going to have to rework this game.
I'm just going to sit out here and do this. Yes, count them up, Okay, gloat. Here we go, Asia politicians, you may you may recoup your winnings here.
Okay, ready, let's see I bet nothing.
Here we go. Belendra Shah.
A rapper turned politician is on a course to become the prime minister of which country?
Sha?
Yes, a rapper turned politician? All right, the prime minister of which country? On course to become the prime minister country in Asia?
Yeah?
Thank you, of course, Asia politics.
That was not a good hint.
Okay, here we are Thailand, David Nepal. Christie Paul is correct, she's kind of again. Oh you didn't bet anything on that one.
I didn't.
But I only know that because those gen Z uprisings, and it seems very appropriate that they would then elect a rapper.
Yes, in touch with Z around the world, you know, me.
And the youths so cool.
Okay, here we go.
There are the losses.
They're very very cool. I would like to see you rocking those mayhap.
All right, David, I feel you're going to do better in Hollywood.
I feel like everyone is so disappointed.
But you bet ten? Okay, t you bet ten? Okay, let's see. The question is Netflix will pay up to six hundred million dollars for Interpositive. It's an AI movie making company founded by which.
I hope that you do too, not really which actor?
Six hundred million dollars?
Can I spell it? Money? I can? I think so?
She's writing furiously Christina can okay?
All right, ready, I'm ready it right, David? Would you write Ben Affleck?
Ah, Christina, Timothy Chambo Lama, It's.
So hard to say.
It is Ben Affleck so much? Yes, myself story this week?
You got that wrong hand over your ten?
Wait?
Ben Affleck is doing movie making AI.
He has a company AI. Netflix bought it for six hundred million dollars. Okay, nothing but okay, okay, are we ready.
For a bonus?
And bonus? Everything is great again for me?
Yeah?
I might give you ten back. I don't know.
I'll think about right to make it time time okay, Okay, I'll give you ten back if you get this one. Because it's food and beverage is the last category. Okay, both, we're glad to know. Uh swig, have you heard of this one? It has nearly We're off to a good start has nearly one hundred and fifty stores specializes in which type of soda using flavored syrups, juices, and cream.
Okay, all right, your kids.
Have to know this. My daughter loves this thing.
Well, I don't know remember surge that I love?
See, it was so great.
I don't know what happened to that. Okay, this is swig.
It's on time, right, Okay, ready you guys.
Yes, probiotics, soda, salty, no salty sodas.
Dirty soda? Do you know the dirty somar?
Tell me about Mountain West, Texas. The Hulu reality show The Secret.
Lives of Mormon Wives have made it popular.
I do.
Okay.
The winner is Christina, Yes, twenty again for the second week in a row.
That's two to nothing.
But I will say you did beat me in almost every rehearsal, so it's just you'll come.
Back all he's feeling good, listen to thank you. That's all I can do on the show is try. You can test your knowledge on all ten questions on the pointed quiz. If I have no shame, I will go do that. After the show. You can take it at Bloomberg dot com slash pointed. You can find it on the Business app as well.
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