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Speaker 1: News when you want it. With Bloomberg News Now, I'm

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Speaker 1: Brian Curtis in Hong Kong. Israel is pushing its fight

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Speaker 1: against Thomas further into southern Gaza. Strikes overnight hit the

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Speaker 1: enclave's second largest city, of Conunis. Meantime, the US is

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Speaker 1: stepping up pressure on Israel to limit civilian casualties. Bloomberg's

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Speaker 1: Jody Schneider has more from Washington.

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Speaker 2: A spokesman from the Israel Defense Forces said last night

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Speaker 2: that the ground offense had expanded throughout the Gaza Strip,

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Speaker 2: including hand to hand combat in some areas of the north.

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Speaker 2: He had said it's going house to house, tunnel to tunnel,

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Speaker 2: making no reference to Washington's admonitions about casualties, saying targets

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Speaker 2: are based on precise intelligence.

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Speaker 1: Jody Schneider in Washington. Meantime, President Biden says he might

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Speaker 1: not be running for president again if one thing had

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Speaker 1: been different. Bloomberg's Ed Baxter has the story.

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Speaker 3: That one thing if Donald Trump were not seeking to

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Speaker 3: return to the White House. Biden's comment quote, if Trump

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Speaker 3: wasn't running, I'm not sure I'd be running, but we

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Speaker 3: cannot let him win for the sake of the country. Now,

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Speaker 3: this was at a fundraising event in Massachusetts, but it

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Speaker 3: also comes into play as he's had to face criticism

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Speaker 3: and doubts about seeking four more years at the age

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Speaker 3: of eighty one. The president says, Trump would dismantle you

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Speaker 3: as democratic institutions. Now, this is the same thinking used

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Speaker 3: in getting into the race. In twenty twenty, Ed Baxter Bloomberg.

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Speaker 1: Radio, White House Climate Envoy John Kerry is calling out

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Speaker 1: major oil producers for not doing enough to fight global warming.

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Speaker 1: He singled out Chevron in particular. This is for failing

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Speaker 1: to sign on to an agreement to slash methane emissions.

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Speaker 4: Here's John Kerry, you can't be outside of this initiative.

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Speaker 4: The evidence is overwhelming. There is no doubt about science.

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Speaker 4: And that is why I say it is inexcusable. There's

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Speaker 4: no reason to be permitting efforts at this point.

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Speaker 1: John Kerry at the COP twenty eight summit in Dubai.

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Speaker 1: Six other oil companies have provided twenty five million dollars

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Speaker 1: each to a World Bank fund. That fund to help

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Speaker 1: developing nations curb methane releases. Moody's Investors' Service has cut

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Speaker 1: China's credit out look. We get the story from Bloomberg's

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Speaker 1: and Kate's.

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Speaker 5: Moody's load its outlooked for Chinese sovereign bonds to negative,

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Speaker 5: underscoring deepening global concerns about the level of debt in

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Speaker 5: the world's second largest economy. Moody cites China's use of

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Speaker 5: fiscal stimulus to support local governments and its spiraling property downturn,

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Speaker 5: adding that they pose risks to the economy. China says

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Speaker 5: it is disappointed by Moody's decision and that its economy

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Speaker 5: will be highly resilient and has large potential in Washington

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Speaker 5: and Kate's Bloomberg Radio.

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Speaker 1: In other news, US job openings fell in October to

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Speaker 1: the lowest level since March of twenty twenty one. It

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Speaker 1: adds to evidence that the labor market is cooling, and

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Speaker 1: it reinforces market expectations that the FED will be able

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Speaker 1: to cut interest rates next year. Aleon's chief economic advisor

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Speaker 1: muhammedel Arian says not so fast that markets are wrong

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Speaker 1: to expect imminent cuts.

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Speaker 3: I do believe that the Fed is done raising weights,

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Speaker 3: but I don't think they will validate what's currently priced

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Speaker 3: in by the markets in terms of weight cuts next year.

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Speaker 1: Ell Arian says the FED needs to be careful with

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Speaker 1: its forward guidance for markets. Saudi Arabia has slashed its

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Speaker 1: crude oil prices for Asia by the most since February.

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Speaker 1: Bloomberg's von Mann has more from Hong Kong.

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Speaker 6: Saudi Aramco lowered its flagship Arab Lights price for January

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Speaker 6: by fifty cents. Is now priced at three dollars and

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Speaker 6: fifty cents a barrel, more than the benchmark. The cut

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Speaker 6: was less than the market estimated, but it's the first

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Speaker 6: reduction since June. The cut marks a concession that nearby

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Speaker 6: markets have weakened as supply serves from non OPEC producers.

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Speaker 6: In particular, Saudi Arabia is facing heated competition of cheaper

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Speaker 6: sweet crudes. In addition to cutting prices to Asia, Saudi

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Speaker 6: Arabia is also trimming some supplies to the US. In

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Speaker 6: Hong Kong, I'm von Man Bloomberg Radio.

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Speaker 1: Amazon is sharply cutting fees for merchants selling clothing priced

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Speaker 1: below twenty dollars. It's a sign that the company is

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Speaker 1: hunkering down for a price war with a Chinese upstart.

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Speaker 2: She in.

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Speaker 1: Amazon said it would reduce seller fees on clothing priced

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Speaker 1: below fifteen dollars to five percent, and that's down from

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Speaker 1: seventeen percent, and that begins in January. And that's news

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Speaker 1: when you want it. With Bloomberg News Now, I'm Brian Curtis.

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Speaker 1: This is Bloomberg