let's bring in bloomberg's bruce einhorn for analysis. what are you expecting from the deal? is is a good example of how there might be a difference in expectations between what investors and others globally are looking at when it comes to the u.s. china relationship and what voters in the u.s. are concerned about. this is a really important issue for american voters. every day more than 150 people in the united states die from overdoses related to synthetic opioids such as fentanyl. a lot of the fentanyl in the u.s. comes either directly from china or via mexico where the fentanyl or chinese made components are made into the drive-by cartels who then send it into the united states. it has become a big issue for republican presidential candidates. former president trump as well as say ron desantis. they have really been hitting this on the campaign trail so if can reach an agreement with xi jinping that would see china start to crackdown on the export of fentanyl and components heading toward either mexico or the u.s.. that would be of great value for the president as he heads

let's bring in bruce einhorn.e are seeing more hostages being released. >> at the moment here is what we know. so far, says released over 58 hostages and is scheduled to release another 11 today, 11 is release today. -- israelis today. hamas has released 117 -- israel has released 117 prisoners. president biden hopes this truce will extend to. there are probably 10 americans being held still in gaza. the president spoke with prime minister netanyahu yesterday. secretary of state antony blinken is scheduled to travel to the region this week. this will be his fourth trip since the start of the war. rishaad: the idf spokesperson is talking about how they could extend this lull on the provision that more hostages will be released and qatar as been brokering on this. >> as we heard prime minister netanyahu said israel intends on continuing to fight against hamas. a spokesperson for the idf says the military is preparing for the next age of fighting, so speaking of fighting, we should also be aware that even while there

kriti: bloomberg's bruce einhorn joins us now with more. what is president xi's playbook? w will he bring back those foreign investors? bruce: let's provide more context from what we heard. that was the ambassador to tokyo . known in the administration is one of the more outspoken china hawks. soy thing probably would not hear the same thing from antony blinken, but certainly that's a few held by many in the united states. that explains a little bit, the balance that president biden was trying to aim for with his meetings with president xi. they didn't make some achievements, for instance, they reached a deal on limiting the supply of fentanyl to the u.s. from china through mexico into the u.s. they agreed to collaborate on climate and artificial intelligence. no big breakthroughs on trade, there were several efforts by president xi to separate from his meetings with president biden and other leaders to reach out to american business leaders . he had a dinner with heads of companies from boeing to pfizer to blackstone and apple. and then also gave remarks to a meeting of is

bloomberg's bruce einhorn.the cabinet, his elevation to foreign secretary. devon years after he retired as an mp -- seven years after he retired as an mp. haslinda: that is right. perhaps the appearance of competence is more important than being competent. here are the other big stories we are following. u.s. house speaker mike johnson's new short-term government funding plan could run aground in the next 24 hours, raising the risk of a shutdown. hardline republicans have two opportunities to vote down on the proposal. president biden has indicated he is against issuing a threat, noting ongoing negotiations with some leaders from both parties. inflation is an argentine accelerated last month to its highest in more than three decades. consumer prices wrote 8.3% with annual inflation hitting 143%. argentina votes for its next president on sunday in a runoff between the economy minister and a libertarian who wants to adopt the u.s. dollar as argentina's currency. a quick market check. rishaad: looking at the u.s.

bruce einhorn joins us now with more.to hear a more vocal president biden, more vocal u.s. in terms of reminding i guess israel of the limitations that should perhaps be in place throughout the course of this conflict in minimizing humanitarian fallout? >> israel has been intensely criticized by governments in the region, by others around the world, the united nations, other international organizations, for attacks on hospitals in gaza. the president did say the main hospital in gaza city, must be protected. president biden said it is hope and expectation there will be less intrusive action with military around the hospital. israel has said hamas uses hospitals for storage of weapons , as basis. a spokesman for the israeli defense forces give a briefing in which he showed video the idf says is evidence that hamas was storing weapons in the basement of a children's hospital in gaza. hamas has denied this. hamas designated as a terrorist organization by the u.s. and the eu. the u.s. has expressed support for israel's positi

let's get more from bruce einhorn. t when it comes to what progress is actually being made in securing the release of more hostages. bruce: there were over -- about 240 hostages abducted by hamas and other groups on october 7. talks regarding the release of at least some of this hostages seem to be intensifying, according to senior officials. a lot of the action is taking place in qatar. qatar plays a special role here because of the one hand it has hosted senior hamas officials, and it also is a home of a major u.s. military base. so qatar is playing a role as an intermediary. president biden spoke over the weekend with the emir of qatar and spoke about what the white house called the urgent ongoing efforts to secure additional releases of hostages. the white house mentioned that among the hostages is that 30-year-old american citizen whose parents were killed on october 7. president biden the national -- is a three-year-old american citizen whose parents were killed in october 7. john sullivan refer to the possible re

bruce einhorn there, looking at the latest on the middle east. we will check in with marcus.have -- with markets. lunch break in about 3.5 minutes from now, looking up positivity across the board. we have got tech doing quite well. and looking ahead, of course, we will leave you with that picture of what is happening here in hong kong. good rally. this is bloomberg. ♪ you want to be able to provide your child with the tools or resources they need. with reliable internet at home, through the internet essentials program, the world opened up. fellas, fellas. that's how my son was able to find the hidden genius project. we wanted to give y'all the necessary skills to compete with the future. kevin's now part of this next generation of young people who feel they can thrive. ♪ ♪ the power goes out and we still have wifi to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you on