俄拟升级对乌攻击，Meta 180亿美元和解

GOOD AFTERNOON, EVERYONE, IT IS "BLOOMBERG BUSINESSWEEK DAILY." I'M TIM STENOVEC. CAROL MASSAR IS OUT. YOU GOT LISA MATEO HERE. LISA: GOOD TO BE HERE. TIM: IT'S ALMOST YOUR BEDTIME, SO THANKS FOR STAYING UP LATE. LISA: AND THEN YOU WERE OFF LAST WEEK, I WAS AWAY. NOW WE ARE SETTLING BACK INTO THE NORM. TIM: THE NORM TODAY IS PRETTY BIG AND PRETTY CROWDED. -- CHAOTIC. IT IS OF COURSE NVIDIA EARNINGS DAY. GOT STOCKS AND BONDS BOTH FALLING.

IN THE MEANTIME, A BLOOMBERG'S ELUSIVE -- LIMBIC EXCLUSIVE ABOUT HOW RUSSIA IS PLANNING TO ESCALATE TAX ON UKRAINE. SEPARATELY, IRAN'S MILITARY SAYING IS REACH A REVENUE SHARE MEAN -- SHARING AGREEMENT WITH OMAN. ALSO AROUND THE WORLD, WHAT IS GOING ON WITH META? THEY ARE PAYING UP TO $18 BILLION IN A LANDMARK SETTLEMENT . WE ARE GOING TO GET THE DETAILS AND ASKED ONE CHILD SAFETY EXPERT IF THAT IS ENOUGH. LISA: AND THAT IS AN INTERESTING STORY IN ITSELF.

IT'S A VERY, VERY IMPORTANT STORY. TIM: THE BIG QUESTION I HAVE, IS THAT THE END OF THE SETTLEMENT? WHAT DOES THIS ACTUALLY LOOK LIKE IN THESE APPS? I HAVE YOUNGER KIDS AND WE ARE TRYING TO KEEP THEM AWAY FROM THIS STUFF. WE ARE GOING TO BE CHECKING IN WITH THE CEO OF ANOTHER MANUFACTURING COMPANY IN THE SEMICONDUCTOR-MAKING PROCESS. THE CEO JOINING US IN A JUST A FEW MINUTES. ALL THAT AND MORE COMING UP IN THE NEXT HOUR ON "BLOOMBERG BUSINESSWEEK DAILY."

CHARLIE?

WE HAVE GOT THE DOW, THE S&P, THE NASDAQ ALL IN THE RED RIGHT NOW. LITTLE CHANGE IS THE KEY TAKEAWAY. WE ARE IN A HOLDING PATTERN, ROUGHLY TWO HOURS FROM NOW WHEN THE NVIDIA NEWSBREAK. -- NEWS BREAK. NVIDIA DOWN BY 1.2% AS THE BASELINE. S&P 500 INDEX JUST ABOUT FLAT ON THE DAY, LOWER BY THREE POINTS. DOW INDUSTRIAL IS DOWN 1.22. A DROP OF TWO TENS OF 1%. NASDAQ DOWN 2/10 OF 1%. NASDAQ 100 INDEX SWINGING BETWEEN GAINS AND LOSSES RIGHT NOW.

THE PHILADELPHIA STOCK EXCHANGE SEMICONDUCTOR INDEX ALSO FLAT ON THE DAY WITH A TWO YEAR, 4.22%. THE 10 YEAR CURRENTLY YIELDING 4.66%. GOLD DOWN 1.2%. WEST TEXAS CRUDE UP 1/10 OF 1%. 82.44, GLOBAL BENCHMARK TRADING LOWER. AS WE HAVE BEEN REPORTING, META PLATFORMS HAS AGREED TO PAY ALMOST $18 BILLION TO SETTLE A SOCIAL MEDIA CASE WITH MULTIPLE STATES. SHARES OF META PLATFORMS UP NOW BY 1.5%. META THE PARENT COMPANY OF INSTAGRAM AND ALSO FACEBOOK.

ALSO, WE NOW HAVE A PRICE TAG FOR REV MED'S CANCER DRUG. $39,800 A MONTH. THEY SECURED U.S. REGULATORY APPROVAL FOR THE DRUG WHICH TARGETS ONE OF THE KEY MOLECULAR CAUSES OF DISEASE. PUSHING HIGHER NOW BY 2%. RECAPPING, S&P LOOKS FLAT ON THE DAY. NVIDIA TRADING HIGHER. RIGHT NOW ACTUALLY LOWER, WE'VE GOT NVIDIA DOWN BY 1.2%. TIME AND -- TIM AND LISA, THAT IS OUR BLOOMBERG BUSINESS FLASH. TIM: THIS STORY CROSSING THE BLOOMBERG A LITTLE EARLIER, JUST BEFORE NOON TODAY.

IT IS A BLOOMBERG EXCLUSIVE ABOUT HOW RUSSIA IS PREPARING TO ESCALATE ATTACKS ON UKRAINE AFTER CONCLUDING THE NEGOTIATIONS FOR A PEACE DEAL HAVE REACHED A DEAD-END. ON THE STRAIT OF HORMUZ, CONTROL OF THIS WATERWAY CONTINUES. THERE IS A LOT HAPPENING AROUND THE WORLD AND WE ARE GOING TO GET TO IT WITH JENNY WELCH. SHE JOINS US FROM OUR WASHINGTON, D.C. BUREAU. I WANT TO START WITH RUSSIA, AND IN THE MIDDLE EAST. THERE'S A LOT OF GROUND TO COVER.

HERE WE ARE IN THE FIRST WEEK OF THIS WAR. WE THOUGHT THIS THING WOULD BE OVER IN DAYS. HERE WE ARE MANY YEARS LATER AT THIS POINT. ARE WE BACK TO THE BEGINNING NOW?

I WOULDN'T SAY WE ARE BACK TO THE BEGINNING TO GET THE STRATEGIC LANDSCAPE HAS SHIFTED. UKRAINE HAS BEEN ABLE TO LEVERAGE DRONES TO CREATE A NO MAN'S LAND ON THE FRONT LINE WITH RUSSIA AND THAT IS THE REASON THAT MOSCOW IS CONSIDERING THESE OTHER STRATEGIES OF STRIKING AT MORE OF UKRAINE'S KEY CITIES AND ECONOMIC CENTERS BECAUSE THEY AREN'T ABLE TO MAKE GAINS ALONG THE BATTLEFRONT AS THEY WERE IN THE EARLIER STAGES OF THE WAR.

LISA: WHAT DOES IT SAY ABOUT THE U.S.'S EFFORT TO END THE WAR? JENNIFER: WHAT IT SUGGESTS IS THAT ABOUT A YEAR AFTER TRUMP AND PUTIN SAT DOWN IN ANCHORAGE LAST YEAR, NOT MUCH PROGRESS HAS BEEN MADE. PART OF THAT IS BECAUSE IT WAS ALWAYS GOING TO BE A LONG SHOT. UKRAINE AND RUSSIA ARE VERY FAR APART ON WITH THE TERMS OF PEACE WOULD LOOK LIKE, AND PART OF IT AS BIG OF THE U.S. SIMPLY HASN'T BEEN FOCUSED ON IT. U.S. ATTENTION HAS BEEN ELSEWHERE, AND THERE'S BEEN A LOT LESS ENERGY, ATTENTION AND RESOURCES DEDICATED TO RESOLVING THIS CONFLICT.

TIM: HOW WOULD YOU CHARACTERIZE THE APPETITE OF EVERYDAY UKRAINIANS AND EVERYDAY RUSSIANS TO CONTINUE THIS CONFLICT? JENNIFER: I THINK UKRAINIANS ARE INCREASINGLY FEELING THE PAIN OF THIS WAR, WHICH IS JUST TAKING AWAY FROM NORMAL ECONOMIC AND SOCIAL LIFE. MANY PEOPLE HAVE HAD TO FLEE THE COUNTRY. THE POPULATION IS ACTUALLY DOWN COMPARED TO WHERE IT WAS 10 OR EVEN 20 YEARS AGO BECAUSE SO MANY PEOPLE HAVE LEFT THE COUNTRY.

IMPORTANTLY, MANY OF UKRAINE'S FRONT-LINE SOLDIERS ARE INCREASINGLY WORN OUT. THE MANPOWER SHORTAGES HAVE LED TO EXTENDED DEPLOYMENTS AND UKRAINE HAS BEEN WARY OF CALLING ON MORE PEOPLE AND TAKING MORE FROM THE CIVILIAN POPULATION. I THINK IN RUSSIA, THE ECONOMIC PAIN IS SOMEWHAT MORE DILUTED BECAUSE THEY ARE NOT THE INVADED COUNTRY. THE SAME TIME, THEY ARE ALSO FACING MANPOWER CHALLENGES. THERE IS REPORTING AND SPECULATION THAT RUSSIA MAY BE CONSIDERING ANOTHER CALL OF AFTER THE PARLIAMENTARY ELECTION SCHEDULED FOR LATER THIS FALL, AND UKRAINIAN STRIKES HAVE BEEN SEEKING TO BRING MORE OF THE PAIN TO RUSSIA ITSELF, BUT EVEN THOSE ARE RELATIVELY MORE TARGETED THAN THE EXPERIENCE IN UKRAINE AS THE INVADED PARTY.

LISA: I WANT TO SWITCH NOW OVER TO IRAN, OMAN. IT IS KIND OF TRIVIA SURE THAT SHIPPING THROUGH THE STRAIT OF HORMUZ. WHAT EXACTLY IS THIS INTERIM FRAMEWORK? THAT DOES THAT ENTAIL, ANYTHING ABOUT FEES? JENNIFER: THERE ARE A LOT OF DETAILS STILL OUTSTANDING INCLUDING A MUCH PROGRESS THE TWO PARTIES AND EVEN MADE ON THIS. EARLIER TODAY THE IRGC ANNOUNCED THAT THEY HAVE A DEAL. THERE'S BEEN REPORTING FROM OTHER IRANIAN SOURCES SUGGESTING THEY ARE NOT QUITE AT THAT POINT YET.

AT THE END OF THE DAY THE UNITED STATES, AS LONG AS THE U.S. BLOCKADE REMAINS IN PLACE AND THE U.S. CONTINUES TO FIGHT WITH IRAN, THINGS ARE NOT GOING TO GO BACK TO NORMAL IN THE STRAIT OF HORMUZ. TIM: ALSO, ISN'T THIS A NONSTARTER FOR THE U.S. RIGHT NOW? THE IDEA THAT IT COULD ACTUALLY BE TOLD BY A COUNTRY THAT IS NOT THE UNITED STATES? HASN'T THE PRESIDENT BEEN VERY CLEAR? JENNIFER: I WOULD SAY THE PRESIDENT HAS PUT OUT DIFFERENT STATEMENTS ON THE ISSUE INCLUDING, AT ONE POINT IN TIME, INDICATING THAT THE U.S.

MAY CHARGE TOLLS OR FEES. BUT MOST OF THE TIME THE U.S. POSITION HAS BEEN MET THEY DON'T WANT TO SEE TOLLS FOR FEES, WHICH OF THE TERMINOLOGY IRAN HAS BEEN USING TO INDICATE IF WOULD STILL BE GATHERING SOME REVENUE, JUST NOT IN THE FORM OF A TOLL WHICH IS SOMEWHAT ILLEGAL UNDER INTERNATIONAL LAW WHEREAS A FEE COULD THEORETICALLY BE CHARGED FOR SERVICES ADMINISTERED. IT DOES SEEM INCREASINGLY LIKELY THAT WHAT OMAN AND IRAN ARE DISCUSSING IS SOMETHING LIKE A FEE STRUCTURE.

EMOND HAS SAID IT IS OPPOSED TO A TOLL BUT HAS ADMITTED THAT A FEE IS PART OF THE DISCUSSION AND THAT IS A VERY FIRM REDLINE FOR TEHRAN. LISA: I WANT TO SWITCH OVER TO TREASURY SECRETARY SCOTT BESSENT. HE ANNOUNCED HIS ECONOMIC ESTATE SEE ASIAN CAMPAIGN AGAINST IRAN. WHERE DO WE STAND, -- ECONOMIC ASPHYXIATION CAMPAIGN AGAINST IRAN. WHERE DO WE STAND? JENNIFER: CHINA'S INITIAL REMARKS SUGGEST THE U.S. IS GOING TO HAVE A HARD TIME CONVINCING SOME OF IRAN'S MOST IMPORTANT ECONOMIC PARTNERS TO PLAY BALL.

BEIJING WAS VERY CLEAR THAT IT IS NOT GOING TO BE RESPONDING TO U.S. SANCTIONS PRESSURE OR THREATS, AND THIS IS CONSISTENT WITH HOW CHINA HAS RESPONDED TO INCREASING U.S. ECONOMIC RASHER ON IRAN, ESPECIALLY OVER THE LAST YEAR AND ESPECIALLY AS IT REGARDS THE SANCTIONING OF CHINESE ENTITIES. IN TERMS OF THE PRIVATE CONVERSATIONS INCLUDING INVOLVING PRESIDENT TRUMP, IT REMAINS TO BE SEEN. THE ADMINISTRATION MAY TAKE AIM AT OTHER PARTNERS THAT DON'T, FOR EXAMPLE, CONTROL A SIGNIFICANT AMOUNT OF CRITICAL MINERAL THAT COME TO