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Speaker 1: News When you wanted it With Bloomberg News Now, I'm

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Speaker 1: Brian Curtis. The US and its allies have accused China

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Speaker 1: of directing cyber attacks against government and private sector entities.

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Speaker 1: An Australia ed report published this morning singles out China's

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Speaker 1: Ministry of State Security. It says the ministry used a

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Speaker 1: group of hackers known as Advanced Persistent Threat forty in

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Speaker 1: order to launch the attacks. Agencies in the US, the UK, Canada,

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Speaker 1: New Zealand, Japan, South Korea, and Germany cooperated on the report.

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Speaker 1: It says APT forty was able to steal hundreds of

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Speaker 1: unique user names and passwords, and that the group intercepted

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Speaker 1: multi factor authentication codes. Microsoft has told employees in China

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Speaker 1: they can only use iPhones for work, not Android devices.

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Speaker 1: Bloomberg's Joan Wong has more from Hong Kong.

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Speaker 2: Starting in September, Microsoft workers in China will be required

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Speaker 2: to use Apple devices to verify their identities when logging in.

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Speaker 2: The measure is part of an effort by Microsoft to

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Speaker 2: fortify his products and services against hackers. Microsoft chose to

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Speaker 2: block Android devices because they cannot connect to Google's mobile

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Speaker 2: services in the country. Google Play is not available in China.

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Speaker 2: Apple's app store is the only place where Microsoft mandatory

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Speaker 2: security apps can be accessed. The measure will affect hundreds

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Speaker 2: of workers in Hong Kong Joan Wong Bloomberg Radio.

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Speaker 1: Well FED Chief Jerown Powell may face conflicting pressures from

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Speaker 1: lawmakers in his testimony to Congress this week. Democrats will

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Speaker 1: likely pressure him to cut policy rates, and Republicans may

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Speaker 1: question the fed'sibility to control inflation. More from Bloomberg's Tom Busby.

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Speaker 3: In his semi annual testimony to Congress on US monetary

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Speaker 3: policy and on interest rates, Chairman Powell will likely repeat

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Speaker 3: what he's been saying for months that the nation central

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Speaker 3: bankers need more evidence that inflation is ebbing before entertaining

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Speaker 3: interest rate cuts. At the same time, Bloomberg economist expects

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Speaker 3: the FED chair to report that there has been progress

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Speaker 3: in curving inflation. Powell may also discussed the Fed's independence

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Speaker 3: amid concerns it could be tested during another possible Trump administration.

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Speaker 3: Tom Busby Bloomberg Radio.

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Speaker 1: NATO leaders are converging on Washington for their annual summit.

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Speaker 1: Bloomberg's Nancy Lyons reports.

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Speaker 4: President Biden is hosting the event that marks the seventy

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Speaker 4: fifth anniversary of the Alliance. White House National Security Advisor

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Speaker 4: John Kirby says the leaders are expected to share their

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Speaker 4: thoughts on Ukraine's future.

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Speaker 5: Some discussion about Ukraine's path to NATO and that and

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Speaker 5: what that can look like, and a reaffirmation of what

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Speaker 5: the President has long said that NATO is in Ukraine's future.

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Speaker 4: Kirby says President Biden has helped strengthen NATO with two

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Speaker 4: new members since Russia's invasion of Ukraine, Finland and Sweden,

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Speaker 4: bringing the total to thirty two. In Washington, Nancy lyons

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Speaker 4: Bloomberg Radio.

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Speaker 1: President Joe Biden pledged to fellow Democrats he will remain

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Speaker 1: in the twenty twenty four presidential race. He's seeking to

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Speaker 1: quell an intra party revolt again the campaign. Bloomberg's Amy

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Speaker 1: Morris has more from Washington.

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Speaker 6: Biden wrote a letter to Democratic lawmakers saying that it's

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Speaker 6: time for the party drama to end.

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Speaker 7: I am not going anywhere.

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Speaker 3: I wouldn't be running if I didn't absolutely believe that

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Speaker 3: I am the best candidate to beat down someone.

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Speaker 6: Twenty twenty four, Biden telling MSNBC he's not worried about

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Speaker 6: his major donors either. This comes as a Bloomberg News

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Speaker 6: Morning Consult poll shows Biden narrowing the gap with Trump

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Speaker 6: in swing states. It shows Trump leading Biden by only

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Speaker 6: two percentage points and that Biden now leads Trump in

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Speaker 6: Michigan and Wisconsin. In Washington, Amy Moore as Bloomberg Radio.

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Speaker 1: Tropical storm Barrel has unleashed heavy rains and powerful winds

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Speaker 1: along the Texas coast. It knocked out power to more

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Speaker 1: than two million homes and businesses, and it flooded streets

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Speaker 1: as first responders raced to rescue stranded residents. Bloomberg meteorologist

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Speaker 1: Rob Carolan says we should not expect another major storm

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Speaker 1: for about a month.

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Speaker 7: The books relatively quiet in the Atlantic for the next

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Speaker 7: two to three weeks. Here's some rather large clouds of

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Speaker 7: Saharan dust which have come off of Africa into the Atlantic.

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Speaker 7: Those areas where they're very dry and dusty out over

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Speaker 7: the Atlantic usually precludes developments. So we don't see a

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Speaker 7: whole lot going on in the Atlantic for the next

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Speaker 7: two maybe three weeks.

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Speaker 1: Rob Corol, and they're talking with Bloomberg's Carol Masser and

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Speaker 1: Tim Stenovek. Beryl had already cut a deadly path through

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Speaker 1: parts of Mexico and the Caribbean. It then made a turn,

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Speaker 1: sweeping ashore as a Category one hurricane in Texas. Later

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Speaker 1: it weakened to a tropical storm. At least two people

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Speaker 1: were killed. That's news when you wanted with Bloomberg News Now.

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Speaker 1: I'm Brian Curtis. This is Bloomberg