00:00:00
Speaker 1: News when you want it. With Bloomberg News Now, I'm Monica Ricks. Iron's now warning it'll attack key US and Israeli infrastructure across the Middle East if President Trump follows through on his latest threat. In a true social post last night, the President said he would hit and obliterate Iran's power plants if it didn't open the Straight of Horror moves within forty eight hours. It's a dramatic escalation from just a day before, when Trump said he was thinking about winding down military operations. Bloomberg's Israel Bureau chief Ethan Brauner says this could significantly escalate this.
00:00:32
Speaker 2: War if in fact, President Trump insists on securing resting control of the Straight and fore moves from Iran.
00:00:41
Speaker 3: He is asking for a much longer timeline.
00:00:44
Speaker 2: Than Israel would need for what it wants, which is to denature the nuclear and ballistic missile program. So suddenly it's the United States which is stuck longer in this war, assuming he stands by that what he said.
00:00:58
Speaker 1: That's Bloomberg's even broader. On Bloomberg's This Weekend, it airs till ten am. Eastern Iran strikes on Israel appear to be intensifying, with more than one hundred and fifty people injured by multiple missile strikes overnight. Prime Minister Benjamin Nett and Yahoo says the military is now investigating the failure to intercept those attacks. Meantime, only a trickle of vessels Chinese, Iranian linked and protected by Iran have made their way through Horror moves in the last few weeks, pushing up oil, gas and fuel prices. Brent crude topped out at one hundred and twelve dollars a barrel on Friday. And it's not just oil. There's also a backlog of fertilizer that's stuck in the Gulf. Bloomberg skylar Woodhouse tells us that presents a big problem for US farmers as planting season gets underway.
00:01:41
Speaker 4: If they can't get access to the fertilizer that they have orders from, that is going to create major disruptions for their planting season going forward. And this is already at a time where farmers in the US have been hit by President Trump's tariff policies and are navigating everything from China and soybeans and just getting their crops out with the tariffs being so up in their.
00:02:00
Speaker 1: Bloomberg skylar Woodhouse on Bloomberg's this weekend. She says the administration's exploring other avenues, including opening some licensing in Venezuela to get more supplies to farmers. Another funeral service was held this weekend in Florida for an American service member killed in the war. Thirty five year old Captain Cody Cork was among six soldiers killed by a drone strike in Kuwait. His mother, Stacy Cork.
00:02:22
Speaker 5: We don't just say goodbye, We say thank you. Thank you, Cody, for your courage, your heart, and for the life you've lived so fully.
00:02:33
Speaker 1: The Pentagon says at least thirteen Americans have died in the conflict. More than two hundred have been injured. Geopolitics takes the driver's seat for markets to kick off a new week following Wall Street's three day slide last week that briefly sent the Dow into correction territory. The markets will be watching the G seven in France, with talks to center on the war in Iran, and we also expect to get the global economy's first collective health check since the war started in the form of business surveys. We get more on that from Bloomberg's ed Kleggi.
00:03:02
Speaker 3: According to the media and forecast of economists, every purchasing manager index for which Bloomberg collects estimates has anticipated to show a decline when initial numbers for March are released Tuesday. Their outlooks point to a synchronized weakening across both manufacturing and services. The subsequent spike and energy prices sparked by disruptions to regional shipping and production, has prompted a spectrum of central bank responses in the past few days, among them UK official shelved easing plants, Eurozone peers adopted a tightening bias, and Australian policymakers went ahead with an increase in interest rates. Ed Kaleggi Bloomberg.
00:03:36
Speaker 1: Radio President Trump's ICE agents are ready to post up at airports on Monday unless Democrats agree to fund the Department of Homeland Security, and says Tom Homan will be in charge as agents help TSA with those long lines and arrest any suspected illegal immigrants, but Democrats are holding firm. Senator Richard Blumenthal Connecticut says any deal needs ICE reforms.
00:03:58
Speaker 6: What Americans have seen from ICE in dragging people out of cars, shooting them, killing them, denying them medical aid, detaining them illegally US citizens, I think has not only appalled them, but.
00:04:11
Speaker 1: Angered Texas Republican Ted Cruz has suggested the idea of splitting ice and border patrol from the rest of funding to end to growing chaos at airports, which does seem to be gaining traction. Billionaire Elon Musk has also offered to pay TSA workers during this funding lapse, but it's not usually legal for private donors to cover government salaries. And speaking of Musk, the billionaire says his new TERRAFAB project will be built in Austin, Texas and jointly run by both Tesla and SpaceX. The facilities expected to make two types of chips, one optimized for edge and inference and another for space that could be used by SpaceX and XAI. It would also support about a tarrawat of computing power per year, which Musk expects both companies to eventually use as he ramps up his investments in AI and robotics. And that's news when you want it Bloomberg News. Now, I'm Monica Ricks, and this is Bloomberg
Speaker 1: News when you want it. With Bloomberg News Now, I'm Monica Ricks. Iron's now warning it'll attack key US and Israeli infrastructure across the Middle East if President Trump follows through on his latest threat. In a true social post last night, the President said he would hit and obliterate Iran's power plants if it didn't open the Straight of Horror moves within forty eight hours. It's a dramatic escalation from just a day before, when Trump said he was thinking about winding down military operations. Bloomberg's Israel Bureau chief Ethan Brauner says this could significantly escalate this.
00:00:32
Speaker 2: War if in fact, President Trump insists on securing resting control of the Straight and fore moves from Iran.
00:00:41
Speaker 3: He is asking for a much longer timeline.
00:00:44
Speaker 2: Than Israel would need for what it wants, which is to denature the nuclear and ballistic missile program. So suddenly it's the United States which is stuck longer in this war, assuming he stands by that what he said.
00:00:58
Speaker 1: That's Bloomberg's even broader. On Bloomberg's This Weekend, it airs till ten am. Eastern Iran strikes on Israel appear to be intensifying, with more than one hundred and fifty people injured by multiple missile strikes overnight. Prime Minister Benjamin Nett and Yahoo says the military is now investigating the failure to intercept those attacks. Meantime, only a trickle of vessels Chinese, Iranian linked and protected by Iran have made their way through Horror moves in the last few weeks, pushing up oil, gas and fuel prices. Brent crude topped out at one hundred and twelve dollars a barrel on Friday. And it's not just oil. There's also a backlog of fertilizer that's stuck in the Gulf. Bloomberg skylar Woodhouse tells us that presents a big problem for US farmers as planting season gets underway.
00:01:41
Speaker 4: If they can't get access to the fertilizer that they have orders from, that is going to create major disruptions for their planting season going forward. And this is already at a time where farmers in the US have been hit by President Trump's tariff policies and are navigating everything from China and soybeans and just getting their crops out with the tariffs being so up in their.
00:02:00
Speaker 1: Bloomberg skylar Woodhouse on Bloomberg's this weekend. She says the administration's exploring other avenues, including opening some licensing in Venezuela to get more supplies to farmers. Another funeral service was held this weekend in Florida for an American service member killed in the war. Thirty five year old Captain Cody Cork was among six soldiers killed by a drone strike in Kuwait. His mother, Stacy Cork.
00:02:22
Speaker 5: We don't just say goodbye, We say thank you. Thank you, Cody, for your courage, your heart, and for the life you've lived so fully.
00:02:33
Speaker 1: The Pentagon says at least thirteen Americans have died in the conflict. More than two hundred have been injured. Geopolitics takes the driver's seat for markets to kick off a new week following Wall Street's three day slide last week that briefly sent the Dow into correction territory. The markets will be watching the G seven in France, with talks to center on the war in Iran, and we also expect to get the global economy's first collective health check since the war started in the form of business surveys. We get more on that from Bloomberg's ed Kleggi.
00:03:02
Speaker 3: According to the media and forecast of economists, every purchasing manager index for which Bloomberg collects estimates has anticipated to show a decline when initial numbers for March are released Tuesday. Their outlooks point to a synchronized weakening across both manufacturing and services. The subsequent spike and energy prices sparked by disruptions to regional shipping and production, has prompted a spectrum of central bank responses in the past few days, among them UK official shelved easing plants, Eurozone peers adopted a tightening bias, and Australian policymakers went ahead with an increase in interest rates. Ed Kaleggi Bloomberg.
00:03:36
Speaker 1: Radio President Trump's ICE agents are ready to post up at airports on Monday unless Democrats agree to fund the Department of Homeland Security, and says Tom Homan will be in charge as agents help TSA with those long lines and arrest any suspected illegal immigrants, but Democrats are holding firm. Senator Richard Blumenthal Connecticut says any deal needs ICE reforms.
00:03:58
Speaker 6: What Americans have seen from ICE in dragging people out of cars, shooting them, killing them, denying them medical aid, detaining them illegally US citizens, I think has not only appalled them, but.
00:04:11
Speaker 1: Angered Texas Republican Ted Cruz has suggested the idea of splitting ice and border patrol from the rest of funding to end to growing chaos at airports, which does seem to be gaining traction. Billionaire Elon Musk has also offered to pay TSA workers during this funding lapse, but it's not usually legal for private donors to cover government salaries. And speaking of Musk, the billionaire says his new TERRAFAB project will be built in Austin, Texas and jointly run by both Tesla and SpaceX. The facilities expected to make two types of chips, one optimized for edge and inference and another for space that could be used by SpaceX and XAI. It would also support about a tarrawat of computing power per year, which Musk expects both companies to eventually use as he ramps up his investments in AI and robotics. And that's news when you want it Bloomberg News. Now, I'm Monica Ricks, and this is Bloomberg
