Billionaires in Politics & Yahya Sinwar’s Death: A Turning Point? 10/18/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 18 October 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Israeli military forces killed Hamas leader Yahya Sinwar on Thursday, the architect of the Oct. 7 terror attacks on Israel last year. Council on Foreign Relations president emeritus Richard Haass considers whether Sinwar’s death will be a turning point in the war in Gaza. Next, MIT’s Simon Johnson was awarded the 2024 Nobel Memorial Prize in Economic Sciences this week. Though he’s newly decorated, he emphasizes the importance of intellectual discourse in democracy. In election news, billionaires Mark Cuban and Elon Musk are hitting the (separate) campaign trails to support their respective picks for president, and Donald Trump’s gains on the election betting platform Polymarket may be inflated by a few big betters. Plus, CVS share prices plummeted as the company replaced its CEO. Richard Haass - 21:14 Simon Johnson - 35:18 In this episode: Richard Haass, @RichardHaass Simon Johnson, @baselinescene Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer.
0:07.0	Today, on Squawk Pod.
0:09.0	More than a year of war in the Middle East. Israel has killed the leader of Hamas.
0:14.9	Richard Haas of the Council on Foreign Relations
0:17.1	warns the conflict continues.
0:19.5	Hamas is an idea.
0:21.1	It's a network.
0:21.9	It's a movement as much as it is an organization my
0:25.2	senses it survives no matter how successful Israel is militarily
0:29.3	in equality in the economy here and around the globe, one of the fresh newly minted Nobel Prize winners, Simon Johnson, on the data driving division.
0:40.0	We need to strengthen the resilience of our democracy in the United States and other people should probably think about that for themselves.
0:47.0	And the rest of today's news that got us squawking, return to office mandates, billionaires on the campaign trail, and betting on the election.
0:55.0	Whether it's people that are manipulating it or people that have money that think...
1:00.0	Or is it an easier than buying a campaign ad?
1:03.3	Is it the tail that wags the dog?
1:05.4	That can change people's psychology.
1:08.8	It's Friday, October 18, 2024.
1:11.8	Squawk Pod begins right now.
1:14.0	Stand Becky by in three, two, one, queue please.
1:20.0	Good morning everybody.
1:21.0	Welcome to Squackbox here on
	...

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