October 9, 2025 • 16 mins
On today's podcast:
1) Israel and Hamas have reached a deal for the release of all hostages held by the militant group in Gaza, a major step toward ending a two-year war that’s devastated the Palestinian territory and triggered multiple conflicts in the Middle East as well as protests across the world. The agreement was reached early on Thursday after several days of indirect negotiations between the warring sides in the Egyptian resort of Sharm El-Sheikh. The ongoing talks were brokered by the US, Egypt, Qatar and Turkey and based on a plan unveiled by President Trump last week.
2) French President Emmanuel Macron said he’ll name a new prime minister by Friday evening, having for the time being avoided the need to call a snap election that would have deepened the political chaos in France. Outgoing Premier Sebastien Lecornu, who was tasked by Macron on Monday to negotiate with the political groups in the National Assembly, said sufficient progress had been made to allow work to begin on forming a new cabinet.
3) China has unveiled broad new curbs on its rare earth exports, as Beijing moves to shore up its trade war leverage ahead of a high-stakes meeting this month between Donald Trump and Xi Jinping. Overseas exporters of items that use even traces of certain rare earths sourced from China will now need an export license, the Ministry of Commerce said in a statement Thursday, citing national security grounds. Certain equipment and engineering technology will also be subject to controls, according to a separate release.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2 (00:10):
Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
are the stories we're following today.
Speaker 3 (00:15):
Karen, we begin with breaking developments in the Middle East.
Israel and Hamas have reached a deal for the release
of all hostages held in Gaza. It is a major
step toward ending the two year war. Bloomberg Middle East corresponded.
Jumana Barsechi is here with the very latest but.
Speaker 4 (00:30):
Major breakthrough that we walked into this morning. As ever,
President Trump took to truth Social to announce it. He
said that both sides, Israel and Hamas, had agreed to
the first phase of the peacedale, which would entail the
release of the outstanding hostages. There are twenty thought to
still be alive at twenty eight deceased in exchange for
Palestinian prisoners, alongside a withdrawal of the idea to a
(00:51):
pre agreed line. So still a lot of questions, but
a major diplomatic breakthrough and indeed an emotional moment as
well for many of the region. The families of hostages
have been celebrating at Tel Aviv, and many Palestinians also
very keen to see the end of two years of
destruction with huge humanitarian loss.
Speaker 5 (01:09):
Bloomberg Strewmanier said.
Speaker 3 (01:10):
She says as part of the deal, Israel will release
jailed Palestinians and allow a ramp up of aid supplies
to Gaza.
Speaker 2 (01:16):
Attend to France now, Nathan, where President Emmanuel mccran says,
you will name a new prime minister by tomorrow evening
and we get the very latest in Parish at Bloomberg
Daybreak Europe anchor Stephen Carroll, Stephen, good morning.
Speaker 6 (01:29):
Good morning, Karen and Nathan. So, another political deadline looms
in France after two days of intense talks with political leaders.
The outgoing Premier Sebastian Lecrn, who said last night there
was a path to passing a budget and crucially he
said there was a majority in Parliament who don't want
an election. So that leaves President Macron searching for his
(01:49):
sixth prime minister in two years. That person will have
to get parties from the center left to the center
right to agree one key issue, suspending controversial pension reforms
which were passed two years ago. That's the main task
facing the next Prime minister, who'll then have to try
again to shepherd a budget agreement through a fractured National
Assembly in Paris at Stephen Carrol Bloomberg Radio.
Speaker 3 (02:12):
Stephen, thank you now to the latest on the US
government shutdown.
Speaker 5 (02:15):
It's now into its ninth day.
Speaker 3 (02:16):
Both Republicans and Democrats remain dug in on their demands
for a clean stopgap spending bill on the GOP side
and extended healthcare subsidies for Democrats. House Speaker Mike Johnson
tells Bloomberg's Balance of Power, the debate over healthcare can wait.
Speaker 7 (02:31):
That's a December thirty one policy issue. We were always
going to negotiate that and debate it and deliberate over
it in October November. That always has been on the
schedule and they know that. But they're trying to pretend
that's the issue of the day.
Speaker 5 (02:42):
It's not. It's a red herring. It's a distraction.
Speaker 3 (02:45):
And as the shutdown continues, the White House is considering
a plan to withhold back pay for some furloughed federal
workers after the government reopens.
Speaker 5 (02:53):
Johnson says he has not studied that plan.
Speaker 7 (02:55):
It has always been my understanding that the law requires
workers received back, and of course that's been the tradition,
and I'm not sure exactly what the President is referring
to there there. I haven't had a chance to talk
to him about that specific issue yet, but we will.
Speaker 3 (03:08):
That was House Speaker Mike Johnson on Bloomberg's balance of
power and stay with Bloomberg. We'll hear from the other
side of the aisle later this morning when House Minority
Leader Hakim Jeffries joins us on Bloomberg's surveillance. That's coming
up in the eight am hour Wall Street Time on
Bloomberg Radio and Television and the Bloomberg Podcast page on YouTube.
Speaker 2 (03:26):
Well, Nathan, we have new developments this morning on the
global trade war. China has unveiled new curbs on its
rare earth exports, citing national security grounds. The curbs mirror
Washington's own export regime, which bans Chinese companies from accessing
cutting edged chips and the tools to make them. The
provocative move comes as the US and Chinese presidents prepared
to sit down at a summit in South Korea to
(03:48):
hammer out a trade deal between the world's biggest economies.
Speaker 3 (03:52):
Trade of markets now, Karen, both stocks and gold are
both coming off a session of record highs.
Speaker 5 (03:58):
Let's get the very latest with Bloomberg's Tucker. I've heard
this before, John.
Speaker 8 (04:02):
Yeah, if you're taking notes, this is the thirty third
record this year, with the S and P five hundred
surpassing sixty seven to fifty. Now since the April lows, Nathan,
the S and P five hundred is up thirty one
percent of the Nasdaq has gained forty five percent, and
as momentum chasing traders pile into stocks. Some worry this
is a bubble. Ron Temple is the chief market strategist
(04:23):
at Lazard.
Speaker 5 (04:24):
Now, I do worry.
Speaker 2 (04:25):
That we're seeing signs of what looks like a bit
of a speculative melt up.
Speaker 5 (04:29):
I mean, maybe that's an.
Speaker 9 (04:30):
Overstatement of what we see so far, but it does.
Speaker 10 (04:32):
When I look across asset classes, it's very hard to
find any asset class that looks cheap.
Speaker 8 (04:38):
Right now. The current bullmarket run will mark three years
on Sunday. The bull run isn't limited to stocks. Gold
holding about four thousand dollars anounced this morning, just short
of Wednesday's all time peak in New York on John
Tucker Bloomberg Radio.
Speaker 2 (04:53):
All right, John, thank you. In company news, the US
has approved several billion dollars worth of Nvidia chip exports
to the United Arab Emirates. The US officials says the
approval came after the UAE made concrete plans for a
reciprocal amount of investment on American soil. The licenses marked
the first permits for Nvidia AI chip sales to the
UAE since President Trump took office.
Speaker 3 (05:15):
In Europe, caarent shares of HSBC are down nearly seven percent.
The London based lender plans to take Hangsng Bank private
and a major bet on the future of Hong Kong.
HSBC is spending fourteen billion dollars to buy the third
of Hanksanng it doesn't already own. In a Bloomberg interview,
CEO Georgio Henri said it will deliver shareholder value.
Speaker 11 (05:35):
This is an investment for growth. This is an investment
in Hong Kong, one of our home markets and one
of our key markets. Hanksng is an iconic bank in
Hong Kong. It's a leading local bank. It has a
fantastic customer franchise, have a very strong financial position. And
the idea here is to effectively take private Hanksng.
Speaker 3 (05:57):
Man to keep its capital ratio within range. HSBC CEO
George Hendrie says the bank will refrain from buybacks for
the next three quarters.
Speaker 2 (06:05):
Entertainment News Now Nathan, in an exclusive interview with Bloomberg,
comedian Jimmy Kimmel thought his Late Night show was over
following comments he made over the assassination of Charlie Kirk
and Bloomberg's Lisa Matteo joins us with more Lisa, good morning.
Speaker 12 (06:20):
Good morning, Karen.
Speaker 2 (06:21):
Yeah.
Speaker 12 (06:21):
It was his first long form interview since returning to
the year. At Bloomberg's screen time event, Kimmel he pointed
the finger at right wing media networks, who, he said,
quote intentionally and maliciously mischaracterized his comments about the killing
of political activist Charlie Kirk. Now, Kimmel reflected on the
show being suspended and then returning to the air.
Speaker 10 (06:40):
I hope that we drew a really, really bold red
line as Americans about what we will and will not accept.
Speaker 13 (06:48):
I mean, I really hope that that's what comes out.
Speaker 5 (06:51):
Of all of us.
Speaker 2 (06:52):
Now.
Speaker 12 (06:52):
Aside from that, Kimmell also talked about the state of
late night TV and its viewership.
Speaker 13 (06:57):
We'll still have five six million people watching the show
every night.
Speaker 5 (07:01):
That's a lot of people. I mean, that's more than
most of the primetime shows.
Speaker 12 (07:05):
Now, the big question of the night that was whether
the talk show host would have FCC Chairman Brendan Carr
or President Donald Trump as guests on Jimmy Kimmel Live. Well,
Kimmel said he probably would pass on Car, but he
would love to have the President on the show. Kimmel's
contract up in May. He did not say whether he
will continue hosting the show after that. Lisa Matteo Bloomberg Radio.
Speaker 2 (07:30):
Time Now for a look at some of the other
stories making news in New York and around the world,
and for that we're joined by Bloomberg's Michael Barr.
Speaker 5 (07:36):
Michael, Good Morning, Good Morning Karen.
Speaker 13 (07:38):
The second and final debate took place last night between
the two candidates running to be New Jersey's governor, Democrat
Mikey Cheryl and Republican Jack Chiccarelli. During the debate aired
on ABC seven, appointed exchange came after Cheryl said Chitdarelli
made millions by working with some of the worst offenders
and saying that opioids were safe.
Speaker 2 (08:00):
As these opioid companies made billions. Tens of thousands of
New Jersey ands died.
Speaker 11 (08:07):
Mister Chitdawelly.
Speaker 5 (08:08):
First of all, shame on you. Second of all, shame
on you, sir, Shame on you.
Speaker 14 (08:15):
During the Biden administration, she had no problem whatsoever with
tens of thousands of people crashing our border each and
every day, not knowing what.
Speaker 5 (08:22):
Impact they had in our communities.
Speaker 14 (08:23):
With regard to fentanyl crisis, fentanyl abuse, fetanyl distribution, vaccination rates,
and alike.
Speaker 13 (08:29):
They also sparred on how to make living in New
Jersey more affordable. Authorities have charged a twenty nine year
old man with starting the January fire that destroyed Los Angeles'
Pacific Palisades. Neighborhood official say Jonathan Rendernecked was arrested in Florida.
He based his charges, including malicious destruction in a New
(08:50):
Year's Day fire that burned down much of the Pacific
Palisades a week later. US Attorney Billesley said the suspect
was working as an uber driver when he set the blaze.
Speaker 9 (09:01):
It smoldered underground for about a week until on January seventh,
heavy wins caused this underground fire to surface and spread
above ground.
Speaker 13 (09:12):
US Attorney Bill Assailate the Palisades fire killed twelve people
and destroyed more than sixty eight hundred structures. Former FBI
Director James Comby has pleaded not guilty the federal charges
he lined to Congress. Combe's lawyers said they will seek
a dismissal on the grounds of selective and vindictive prosecution,
saying this case is being brought at the direction of
(09:33):
President Trump. Global News twenty four hours a day and
whenever you wanted with the Bloomberg News. Now, I'm Michael Barr,
and this is Bloomberg Car.
Speaker 2 (09:42):
Thanks Michael. Time now for our Bloomberg Sports update, and
for that we bring in John stash Hour.
Speaker 5 (09:48):
As there in.
Speaker 10 (09:48):
The Toronto Blue Jays the first team to advance the
league championship series. They beat the Yankees in New York
five to two. They won the series three games to one.
Three other teams stayed alive. Detroit with a nine to
three will over Seattle. They'll have a decisive game five tomorrow.
The Phillies beat the Dodgers eight to two. The Cubs
beat the Ruers four to three. The Dodgers and Brewers
still have two games to one series leads WNBA Finals.
(10:09):
Las Vegas got a shot from Ajah Wilson with less
than a second ago and won ninety to eighty eight
at Phoenix. The Yaces lead the series three. Nothing that's
your Bloomberg Sports Update.
Speaker 2 (10:19):
Stay with us more from Bloomberg day Break coming up after.
Speaker 1 (10:23):
This Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
and around the world on Bloomberg dot Com and the
Bloomberg Business app. This is Bloomberg Daybreak.
Speaker 5 (10:37):
Good morning, I'm Nathan Hager.
Speaker 3 (10:39):
And if October seventh is remembered in Israel as a
day of terror, October eighth could be marked as a
day of relief. Israel and Hamas have reached a deal
to release all remaining hostages two years in a day
after the attack that's sparked all out war in Gaza.
President Trump is celebrating this moment.
Speaker 14 (10:55):
The whole world came together to be honest to so
many countries that he wouldn't be even thought of it,
and they came together.
Speaker 7 (11:02):
The world has come together around this deal.
Speaker 3 (11:04):
That was President Trump in an interview on Fox's Hannity
last night. This morning, we're joined by Bloomberg Horizons anchored
Jumana Barsechi in Dubai Jumana, Good morning. We have seen
the scenes of celebration in Tel Aviv. Walk us through
exactly what has been agreed to and at least this
first part of the deal.
Speaker 4 (11:23):
Yeah, beyond the diplomatic breakthrough, also a hugely human and
sentimental moment as well for those the families of the
hostages who've been waiting for two years now for the
release of their family members. Brings hopefully an end to
a devastating war in the region. But what we know
is that only phase one of the peace deal has
(11:44):
been agreed to by Israel by Hamas, and this was
confirmed subsequently by comments put out by Israel, Hamas and
the mediators including Katar too. It's been welcomed by ourb
states in the region and it entails a release of
the hostages who are still being held in captivity twenty
still thought to be alive as long, alongside the remains
of others who died in captivity thought to be twenty eight.
(12:07):
That would happen in exchange for Palestinian prisoners around two
thousand in total, and one of the topics that has
been under negotiation the last couple of days is exactly
agreeing to who on the Palestinian side, which prisoners would
be amiable to this or be acceptable rather for the
(12:29):
release and for this exchange. It also entails the withdrawal
of Israeli forces to predefined lines, and just a short
while ago IDEF had said that they had begun operationally
to prepare for the withdrawal to a pre agreed line.
We don't know what that line is, but some of
the bigger questions regarding Hama's disarmament, regarding future governance, and
(12:50):
regarding future reconstruction of the Gaza strip remain unanswered. But
definitely a very positive first step in the right direction.
Speaker 3 (12:57):
And still an unanswered question, isn't there as to whether
the Israeli cabinet will agree to this deal as well?
That's still it remains to be seen, doesn't it.
Speaker 4 (13:05):
It does remain to be seen. They're going to be
voting on it later this afternoon, around four or five
pm local time, and the expectation is that it will pass.
So already we're hearing that the Finance Minister's magic will
vote against it. But I think there is a lot
of pressure also domestically internally to bring about an end
to this not least because it is the biggest opportunity
(13:27):
yet since the war to secure the release of all
of the hostages in one go. And earlier you were
referencing these celebrations that were taking place at Hostage Square
in Tel Aviv. The view there is that this really
is the opportunity to bring about the release of those
who have been held in captivity for the last two years.
(13:48):
I should say also that technically the c squire is
likely to go into effect right now, right around now,
and they had cited around twelve pm local as the
time that it would go into effect, waiting for conformation
of that. But that would be one single in the
right direction, and that both sides preparing for the implementation
of the ceasefire and those exchange of hostages for prisoners.
Speaker 3 (14:11):
In our last minute jumana, what comes next? As we
say this is a first phase toward a hopeful end
to the war in Gaza.
Speaker 5 (14:20):
What more needs to be done? Well?
Speaker 4 (14:23):
President Trump says that he is coming to the region
over the course of the weekend.
Speaker 5 (14:27):
He is likely to go to.
Speaker 4 (14:28):
Egypt A President Ceci offered an invitation to him to
come for the assigning. He's also expected to go to
Israel perhaps even deliver speech to the Kanasset, and that
should be around the time that the hostages are released.
He said in an interview over Fox News that that
should happen on Monday, by the latest. So that is
the first stage, and of course after that then it
(14:49):
becomes a question of full Hama's disarmament and the enforcement
of that disarmament. And only once that has taken place,
can then Israel be comfortable talking about withdrawal of IDF
forces to some of those pre agreed lines. So that's
the sequencing. Once that is done, then you can talk
about the future of guys and some of those bigger questions.
Speaker 2 (15:11):
This is Bloomberg Daybreak, your morning podcast on the stories
making news from Wall Street to Washington and beyond.
Speaker 3 (15:18):
Look for us on your podcast feed by six am
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Speaker 2 (15:24):
You can also listen live each morning starting at five
am Wall Street time on Bloomberg eleven three to zero
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Speaker 3 (15:39):
Plus Listen coast to coast on the Bloomberg Business App
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Speaker 2 (15:45):
And don't forget to subscribe to Bloomberg News Now. It's
the latest news whenever you want it in five minutes
or less. Search Bloomberg News Now in your favorite podcast
platform to stay informed all day long. I'm Karen Moscow.
Speaker 5 (15:57):
And I'm Nathan Hager.
Speaker 3 (15:59):
Join us again tomorrow morning for all the news you
need to start your day right here on Bloomberg Daybreak
Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2 (00:10):
Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
are the stories we're following today.
Speaker 3 (00:15):
Karen, we begin with breaking developments in the Middle East.
Israel and Hamas have reached a deal for the release
of all hostages held in Gaza. It is a major
step toward ending the two year war. Bloomberg Middle East corresponded.
Jumana Barsechi is here with the very latest but.
Speaker 4 (00:30):
Major breakthrough that we walked into this morning. As ever,
President Trump took to truth Social to announce it. He
said that both sides, Israel and Hamas, had agreed to
the first phase of the peacedale, which would entail the
release of the outstanding hostages. There are twenty thought to
still be alive at twenty eight deceased in exchange for
Palestinian prisoners, alongside a withdrawal of the idea to a
(00:51):
pre agreed line. So still a lot of questions, but
a major diplomatic breakthrough and indeed an emotional moment as
well for many of the region. The families of hostages
have been celebrating at Tel Aviv, and many Palestinians also
very keen to see the end of two years of
destruction with huge humanitarian loss.
Speaker 5 (01:09):
Bloomberg Strewmanier said.
Speaker 3 (01:10):
She says as part of the deal, Israel will release
jailed Palestinians and allow a ramp up of aid supplies
to Gaza.
Speaker 2 (01:16):
Attend to France now, Nathan, where President Emmanuel mccran says,
you will name a new prime minister by tomorrow evening
and we get the very latest in Parish at Bloomberg
Daybreak Europe anchor Stephen Carroll, Stephen, good morning.
Speaker 6 (01:29):
Good morning, Karen and Nathan. So, another political deadline looms
in France after two days of intense talks with political leaders.
The outgoing Premier Sebastian Lecrn, who said last night there
was a path to passing a budget and crucially he
said there was a majority in Parliament who don't want
an election. So that leaves President Macron searching for his
(01:49):
sixth prime minister in two years. That person will have
to get parties from the center left to the center
right to agree one key issue, suspending controversial pension reforms
which were passed two years ago. That's the main task
facing the next Prime minister, who'll then have to try
again to shepherd a budget agreement through a fractured National
Assembly in Paris at Stephen Carrol Bloomberg Radio.
Speaker 3 (02:12):
Stephen, thank you now to the latest on the US
government shutdown.
Speaker 5 (02:15):
It's now into its ninth day.
Speaker 3 (02:16):
Both Republicans and Democrats remain dug in on their demands
for a clean stopgap spending bill on the GOP side
and extended healthcare subsidies for Democrats. House Speaker Mike Johnson
tells Bloomberg's Balance of Power, the debate over healthcare can wait.
Speaker 7 (02:31):
That's a December thirty one policy issue. We were always
going to negotiate that and debate it and deliberate over
it in October November. That always has been on the
schedule and they know that. But they're trying to pretend
that's the issue of the day.
Speaker 5 (02:42):
It's not. It's a red herring. It's a distraction.
Speaker 3 (02:45):
And as the shutdown continues, the White House is considering
a plan to withhold back pay for some furloughed federal
workers after the government reopens.
Speaker 5 (02:53):
Johnson says he has not studied that plan.
Speaker 7 (02:55):
It has always been my understanding that the law requires
workers received back, and of course that's been the tradition,
and I'm not sure exactly what the President is referring
to there there. I haven't had a chance to talk
to him about that specific issue yet, but we will.
Speaker 3 (03:08):
That was House Speaker Mike Johnson on Bloomberg's balance of
power and stay with Bloomberg. We'll hear from the other
side of the aisle later this morning when House Minority
Leader Hakim Jeffries joins us on Bloomberg's surveillance. That's coming
up in the eight am hour Wall Street Time on
Bloomberg Radio and Television and the Bloomberg Podcast page on YouTube.
Speaker 2 (03:26):
Well, Nathan, we have new developments this morning on the
global trade war. China has unveiled new curbs on its
rare earth exports, citing national security grounds. The curbs mirror
Washington's own export regime, which bans Chinese companies from accessing
cutting edged chips and the tools to make them. The
provocative move comes as the US and Chinese presidents prepared
to sit down at a summit in South Korea to
(03:48):
hammer out a trade deal between the world's biggest economies.
Speaker 3 (03:52):
Trade of markets now, Karen, both stocks and gold are
both coming off a session of record highs.
Speaker 5 (03:58):
Let's get the very latest with Bloomberg's Tucker. I've heard
this before, John.
Speaker 8 (04:02):
Yeah, if you're taking notes, this is the thirty third
record this year, with the S and P five hundred
surpassing sixty seven to fifty. Now since the April lows, Nathan,
the S and P five hundred is up thirty one
percent of the Nasdaq has gained forty five percent, and
as momentum chasing traders pile into stocks. Some worry this
is a bubble. Ron Temple is the chief market strategist
(04:23):
at Lazard.
Speaker 5 (04:24):
Now, I do worry.
Speaker 2 (04:25):
That we're seeing signs of what looks like a bit
of a speculative melt up.
Speaker 5 (04:29):
I mean, maybe that's an.
Speaker 9 (04:30):
Overstatement of what we see so far, but it does.
Speaker 10 (04:32):
When I look across asset classes, it's very hard to
find any asset class that looks cheap.
Speaker 8 (04:38):
Right now. The current bullmarket run will mark three years
on Sunday. The bull run isn't limited to stocks. Gold
holding about four thousand dollars anounced this morning, just short
of Wednesday's all time peak in New York on John
Tucker Bloomberg Radio.
Speaker 2 (04:53):
All right, John, thank you. In company news, the US
has approved several billion dollars worth of Nvidia chip exports
to the United Arab Emirates. The US officials says the
approval came after the UAE made concrete plans for a
reciprocal amount of investment on American soil. The licenses marked
the first permits for Nvidia AI chip sales to the
UAE since President Trump took office.
Speaker 3 (05:15):
In Europe, caarent shares of HSBC are down nearly seven percent.
The London based lender plans to take Hangsng Bank private
and a major bet on the future of Hong Kong.
HSBC is spending fourteen billion dollars to buy the third
of Hanksanng it doesn't already own. In a Bloomberg interview,
CEO Georgio Henri said it will deliver shareholder value.
Speaker 11 (05:35):
This is an investment for growth. This is an investment
in Hong Kong, one of our home markets and one
of our key markets. Hanksng is an iconic bank in
Hong Kong. It's a leading local bank. It has a
fantastic customer franchise, have a very strong financial position. And
the idea here is to effectively take private Hanksng.
Speaker 3 (05:57):
Man to keep its capital ratio within range. HSBC CEO
George Hendrie says the bank will refrain from buybacks for
the next three quarters.
Speaker 2 (06:05):
Entertainment News Now Nathan, in an exclusive interview with Bloomberg,
comedian Jimmy Kimmel thought his Late Night show was over
following comments he made over the assassination of Charlie Kirk
and Bloomberg's Lisa Matteo joins us with more Lisa, good morning.
Speaker 12 (06:20):
Good morning, Karen.
Speaker 2 (06:21):
Yeah.
Speaker 12 (06:21):
It was his first long form interview since returning to
the year. At Bloomberg's screen time event, Kimmel he pointed
the finger at right wing media networks, who, he said,
quote intentionally and maliciously mischaracterized his comments about the killing
of political activist Charlie Kirk. Now, Kimmel reflected on the
show being suspended and then returning to the air.
Speaker 10 (06:40):
I hope that we drew a really, really bold red
line as Americans about what we will and will not accept.
Speaker 13 (06:48):
I mean, I really hope that that's what comes out.
Speaker 5 (06:51):
Of all of us.
Speaker 2 (06:52):
Now.
Speaker 12 (06:52):
Aside from that, Kimmell also talked about the state of
late night TV and its viewership.
Speaker 13 (06:57):
We'll still have five six million people watching the show
every night.
Speaker 5 (07:01):
That's a lot of people. I mean, that's more than
most of the primetime shows.
Speaker 12 (07:05):
Now, the big question of the night that was whether
the talk show host would have FCC Chairman Brendan Carr
or President Donald Trump as guests on Jimmy Kimmel Live. Well,
Kimmel said he probably would pass on Car, but he
would love to have the President on the show. Kimmel's
contract up in May. He did not say whether he
will continue hosting the show after that. Lisa Matteo Bloomberg Radio.
Speaker 2 (07:30):
Time Now for a look at some of the other
stories making news in New York and around the world,
and for that we're joined by Bloomberg's Michael Barr.
Speaker 5 (07:36):
Michael, Good Morning, Good Morning Karen.
Speaker 13 (07:38):
The second and final debate took place last night between
the two candidates running to be New Jersey's governor, Democrat
Mikey Cheryl and Republican Jack Chiccarelli. During the debate aired
on ABC seven, appointed exchange came after Cheryl said Chitdarelli
made millions by working with some of the worst offenders
and saying that opioids were safe.
Speaker 2 (08:00):
As these opioid companies made billions. Tens of thousands of
New Jersey ands died.
Speaker 11 (08:07):
Mister Chitdawelly.
Speaker 5 (08:08):
First of all, shame on you. Second of all, shame
on you, sir, Shame on you.
Speaker 14 (08:15):
During the Biden administration, she had no problem whatsoever with
tens of thousands of people crashing our border each and
every day, not knowing what.
Speaker 5 (08:22):
Impact they had in our communities.
Speaker 14 (08:23):
With regard to fentanyl crisis, fentanyl abuse, fetanyl distribution, vaccination rates,
and alike.
Speaker 13 (08:29):
They also sparred on how to make living in New
Jersey more affordable. Authorities have charged a twenty nine year
old man with starting the January fire that destroyed Los Angeles'
Pacific Palisades. Neighborhood official say Jonathan Rendernecked was arrested in Florida.
He based his charges, including malicious destruction in a New
(08:50):
Year's Day fire that burned down much of the Pacific
Palisades a week later. US Attorney Billesley said the suspect
was working as an uber driver when he set the blaze.
Speaker 9 (09:01):
It smoldered underground for about a week until on January seventh,
heavy wins caused this underground fire to surface and spread
above ground.
Speaker 13 (09:12):
US Attorney Bill Assailate the Palisades fire killed twelve people
and destroyed more than sixty eight hundred structures. Former FBI
Director James Comby has pleaded not guilty the federal charges
he lined to Congress. Combe's lawyers said they will seek
a dismissal on the grounds of selective and vindictive prosecution,
saying this case is being brought at the direction of
(09:33):
President Trump. Global News twenty four hours a day and
whenever you wanted with the Bloomberg News. Now, I'm Michael Barr,
and this is Bloomberg Car.
Speaker 2 (09:42):
Thanks Michael. Time now for our Bloomberg Sports update, and
for that we bring in John stash Hour.
Speaker 5 (09:48):
As there in.
Speaker 10 (09:48):
The Toronto Blue Jays the first team to advance the
league championship series. They beat the Yankees in New York
five to two. They won the series three games to one.
Three other teams stayed alive. Detroit with a nine to
three will over Seattle. They'll have a decisive game five tomorrow.
The Phillies beat the Dodgers eight to two. The Cubs
beat the Ruers four to three. The Dodgers and Brewers
still have two games to one series leads WNBA Finals.
(10:09):
Las Vegas got a shot from Ajah Wilson with less
than a second ago and won ninety to eighty eight
at Phoenix. The Yaces lead the series three. Nothing that's
your Bloomberg Sports Update.
Speaker 2 (10:19):
Stay with us more from Bloomberg day Break coming up after.
Speaker 1 (10:23):
This Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
and around the world on Bloomberg dot Com and the
Bloomberg Business app. This is Bloomberg Daybreak.
Speaker 5 (10:37):
Good morning, I'm Nathan Hager.
Speaker 3 (10:39):
And if October seventh is remembered in Israel as a
day of terror, October eighth could be marked as a
day of relief. Israel and Hamas have reached a deal
to release all remaining hostages two years in a day
after the attack that's sparked all out war in Gaza.
President Trump is celebrating this moment.
Speaker 14 (10:55):
The whole world came together to be honest to so
many countries that he wouldn't be even thought of it,
and they came together.
Speaker 7 (11:02):
The world has come together around this deal.
Speaker 3 (11:04):
That was President Trump in an interview on Fox's Hannity
last night. This morning, we're joined by Bloomberg Horizons anchored
Jumana Barsechi in Dubai Jumana, Good morning. We have seen
the scenes of celebration in Tel Aviv. Walk us through
exactly what has been agreed to and at least this
first part of the deal.
Speaker 4 (11:23):
Yeah, beyond the diplomatic breakthrough, also a hugely human and
sentimental moment as well for those the families of the
hostages who've been waiting for two years now for the
release of their family members. Brings hopefully an end to
a devastating war in the region. But what we know
is that only phase one of the peace deal has
(11:44):
been agreed to by Israel by Hamas, and this was
confirmed subsequently by comments put out by Israel, Hamas and
the mediators including Katar too. It's been welcomed by ourb
states in the region and it entails a release of
the hostages who are still being held in captivity twenty
still thought to be alive as long, alongside the remains
of others who died in captivity thought to be twenty eight.
(12:07):
That would happen in exchange for Palestinian prisoners around two
thousand in total, and one of the topics that has
been under negotiation the last couple of days is exactly
agreeing to who on the Palestinian side, which prisoners would
be amiable to this or be acceptable rather for the
(12:29):
release and for this exchange. It also entails the withdrawal
of Israeli forces to predefined lines, and just a short
while ago IDEF had said that they had begun operationally
to prepare for the withdrawal to a pre agreed line.
We don't know what that line is, but some of
the bigger questions regarding Hama's disarmament, regarding future governance, and
(12:50):
regarding future reconstruction of the Gaza strip remain unanswered. But
definitely a very positive first step in the right direction.
Speaker 3 (12:57):
And still an unanswered question, isn't there as to whether
the Israeli cabinet will agree to this deal as well?
That's still it remains to be seen, doesn't it.
Speaker 4 (13:05):
It does remain to be seen. They're going to be
voting on it later this afternoon, around four or five
pm local time, and the expectation is that it will pass.
So already we're hearing that the Finance Minister's magic will
vote against it. But I think there is a lot
of pressure also domestically internally to bring about an end
to this not least because it is the biggest opportunity
(13:27):
yet since the war to secure the release of all
of the hostages in one go. And earlier you were
referencing these celebrations that were taking place at Hostage Square
in Tel Aviv. The view there is that this really
is the opportunity to bring about the release of those
who have been held in captivity for the last two years.
(13:48):
I should say also that technically the c squire is
likely to go into effect right now, right around now,
and they had cited around twelve pm local as the
time that it would go into effect, waiting for conformation
of that. But that would be one single in the
right direction, and that both sides preparing for the implementation
of the ceasefire and those exchange of hostages for prisoners.
Speaker 3 (14:11):
In our last minute jumana, what comes next? As we
say this is a first phase toward a hopeful end
to the war in Gaza.
Speaker 5 (14:20):
What more needs to be done? Well?
Speaker 4 (14:23):
President Trump says that he is coming to the region
over the course of the weekend.
Speaker 5 (14:27):
He is likely to go to.
Speaker 4 (14:28):
Egypt A President Ceci offered an invitation to him to
come for the assigning. He's also expected to go to
Israel perhaps even deliver speech to the Kanasset, and that
should be around the time that the hostages are released.
He said in an interview over Fox News that that
should happen on Monday, by the latest. So that is
the first stage, and of course after that then it
(14:49):
becomes a question of full Hama's disarmament and the enforcement
of that disarmament. And only once that has taken place,
can then Israel be comfortable talking about withdrawal of IDF
forces to some of those pre agreed lines. So that's
the sequencing. Once that is done, then you can talk
about the future of guys and some of those bigger questions.
Speaker 2 (15:11):
This is Bloomberg Daybreak, your morning podcast on the stories
making news from Wall Street to Washington and beyond.
Speaker 3 (15:18):
Look for us on your podcast feed by six am
Eastern each morning, on Apple, Spotify, or anywhere else you listen.
Speaker 2 (15:24):
You can also listen live each morning starting at five
am Wall Street time on Bloomberg eleven three to zero
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Bloomberg ninety two nine in Boston, and nationwide on serious
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Speaker 3 (15:39):
Plus Listen coast to coast on the Bloomberg Business App
now with Apple CarPlay and Android Atto interfaces.
Speaker 2 (15:45):
And don't forget to subscribe to Bloomberg News Now. It's
the latest news whenever you want it in five minutes
or less. Search Bloomberg News Now in your favorite podcast
platform to stay informed all day long. I'm Karen Moscow.
Speaker 5 (15:57):
And I'm Nathan Hager.
Speaker 3 (15:59):
Join us again tomorrow morning for all the news you
need to start your day right here on Bloomberg Daybreak
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