Bloomberg Daybreak: US Edition Israel Poised to Storm Gaza City; Trump's Surprise Fed Pick
7 snips
Aug 8, 2025 Ethan Bronner, Bloomberg News Israel Bureau Chief, discusses Israel's escalating military plans for Gaza City, emphasizing the push to dismantle Hamas and the humanitarian implications for civilians. He delves into public sentiment in Israel regarding potential consequences and governance challenges post-conflict. The conversation also touches on President Trump's surprising Fed nomination of Stephen Miran, signaling his desire to influence interest rates and financial policy amid ongoing geopolitical tensions. It's a riveting exploration of politics and military strategy.
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Israel's Gaza Takeover Plan
- Israel's plan to take over Gaza City aims to dismantle Hamas infrastructure completely.
- It expects to forcibly relocate nearly a million residents and increase humanitarian aid in the south.
Russia's Strategy in Peace Talks
- Russia benefits if Trump-Putin talks proceed without the Ukraine president involved.
- It strengthens Kremlin's claim that the war is against the West, not Ukraine itself.
Trump's Fed Pick Signals Policy Shift
- Trump's Fed nominee Stephen Myron supports cutting interest rates and downplays tariffs' inflation effect.
- This signals a desire for looser monetary policy contrasting Fed Chair Powell's caution.