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October 19, 2025 5 mins

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Speaker 1 (00:00):
News when you want it. With Bloomberg News Now, Dan Schwartzman,
we begin in the Middle East, where the Gaza seasfire
is being tested. Israel itzac to mass targets with what
it's military described as retaliatory strikes. Now the IDEF says
it's resuming reinforcement to the seas fire. Here's Bloomberg's Michael Heath.

Speaker 2 (00:18):
This intermittent shooting. You know, how Musk cracking down on
part you know, as it retakes parts of Gaza, cracking
down on Palestinians. I mean, it's sort of expected. The
problem is that it's very very hard to get to
the next stage because it requires how mus to disarm,
it requires them to sort of give up power. It's
not clear who they're going to do that to. And

(00:40):
on Israel's side, it still sees militant threats, etc. And
it's very much, you know, its decision to withdraw is
very much about getting those hostages out. Whether they feel
that they've got everything done or not is unclear.

Speaker 1 (00:53):
That's Bloomberg's Michael Heath mean, same Israeli official see that
Vice President Jed Vance is expected to visit the region
this week alongside Middle East Special Envoy Steve Wikoff and
Jared Kushner. As part of a push to preserve the ceasefire,
President Trump says he's cutting it to Colombia. In a
post on truth Social, Trump accused Columbian President to Gustavo
Petro of being an illegal drug leader. Later, speaking to

(01:15):
reporters on board Air Force One, Trump said Columbia is
not worthy of American assistants because it does nothing to
stop the flow of illegal drugs into the US.

Speaker 2 (01:24):
They don't have a.

Speaker 3 (01:25):
Fight against drugs.

Speaker 1 (01:26):
They make drugs, they refined drugs, they make cocaine, they
have cocaine factories.

Speaker 3 (01:32):
They have no fight against shrugs.

Speaker 2 (01:33):
And I'm stopping all payments to Columbia.

Speaker 1 (01:36):
That's President Trump, speaking to reporters on Air Force One.
In a post on Next, Columbian President Petro says quote
Trump is being deceived by advisors. Petro added that he
has done more than any other leader to expose links
between drug traffickers and Columbia's political elite. Ukrainian President Vladimir
Zelensky has urged President Trump to get tougher with Russian
President Vladimir Putin. Zelenski was in Washington at the end

(01:59):
of last week meeting with Trump about the war, where
he also repeatedly requested Tomahawk missiles from the US. Meantime.
Trump said he's looking at Ukraine's request, but he added
that the decision comes down to security in the US.
Trump spoke on Fox New Sunday Morning Futures.

Speaker 2 (02:14):
And I've been very good to President Zelenski and the Ukraine.

Speaker 1 (02:18):
But can't we can't give you know, if we're going
to be short.

Speaker 2 (02:22):
I don't want to do that. I can't jeopardize the
United States.

Speaker 1 (02:26):
That's President Trump speaking on Fox New Sunday Morning Futures.
Trump plans to meet Russian President Vladimir Putin in Hungary
in a couple of weeks discuss waste and the war. Meantime,
European Central Bank President Christine Legard's signaling openness to using
frozen Russian assets to secure funding for Ukraine as long
as countries around the world move in unison. The guard
spoke on CBS's Face the nation.

Speaker 3 (02:48):
I think fair used would consist of an operational loan
that would be using cash balances as collaterals. And I
think that the strength of the system should be based
on everyone holding Russian assets to do the same thing.

Speaker 1 (03:05):
That was ECB President Christine Legard speaking on CBS's Face
the Nation. The FBI is investigating a quote suspicious stand
found by the Secret Service within view of where President
Trump exits Air Force One at the Palm Beach International Airport.
That's according to FBI Director Cash Pattel. The Secret Service
said it's working with the FBI and local law enforcement

(03:25):
to investigate items found during advanced security preparations for Trump's
weekend trip to Florida. Fox News reported earlier on what
it called a quote hunting stand, saying it was uncovered
on Thursday. The government shutdown is on day nineteen with
no end in sight. Republicans are locked in a standoff
with Democrats over healthcare subsidies. Here's Alabama Republican Senator Katie

(03:47):
Britt speaking on CBS's Face the Nation.

Speaker 4 (03:49):
We need to reopen the government. Democrats need to come
to the table and do the right thing. Just as
I've been traveling the state this weekend, I have heard
countless stories of people who are knocking a paycheck, whether
it's our men and women in uniform or those who
serve alongside them, or whether we're talking to veterans, or
we're talking to just a number of people when we're
looking what's happening with Wick. There are a lot of

(04:11):
people that are being affected by the Democrats playing politics.

Speaker 1 (04:15):
That's Alabama Republican Senator Katie Britt speaking there. Treasury Secretary
Scott Besson says he plans to meet with his Chinese
counterpart in Malaysia later this week. Bloomberg Zamy Moore is
supporting from Washington.

Speaker 5 (04:27):
Bessant has been keeping the lines of communication open with
China's Vice Premier Huli fun before President Trump meets with
Chinese leader Shijinping. Secretary Bessett I think.

Speaker 2 (04:38):
That things had de escalated.

Speaker 4 (04:39):
We hope that China will show the respect that we
have shown them.

Speaker 5 (04:44):
The upcoming meeting will mark the fifth round of talks
with Bessont and who. Malaysia's capital is set to host
a summit of the Association of Southeast Asian Nations. That's
where Trump and she are set to meet in Washington.
Amy Morris Bloomberg Radio.

Speaker 1 (04:57):
Major League Playoff action, The Toronto Blue jay have knocked
off the Seattle Mariners in Toronto to force a Game
seven of the ALCS game seven comes you way Monday
in Toronto at Rogers Center. And that's news when you
want it. With Bloomberg News Now, I'm Dan Schwartzman, and
this is Bloomberg
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