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Speaker 1: News when you wanted with Boomberg News Now, I'm Brian

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Speaker 1: Curtis in Hong Kong. Japanese Prime Minister of Fumio Kishita

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Speaker 1: has urged American business leaders to boost their tech investments

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Speaker 1: in Japan. Kishida is on a state visit in Washington,

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Speaker 1: and he will meet President Biden tomorrow. National Security Advisor

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Speaker 1: Jake Sullivan touted the US Japan relationship.

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Speaker 2: The President and the Prime Minister will highlight the high

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Speaker 2: ambition of our alliance, yes in the defense and technology space,

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Speaker 2: but also across the board, deepening our partnerships on space, technology,

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Speaker 2: economic investment, fighting climate change, coordinating global diplomacy, and strengthening

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Speaker 2: our people to people ties.

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Speaker 1: And Kishida welcomed US investment to Japan, saying it would

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Speaker 1: nurture cooperation. Intel is rolling out a new version of

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Speaker 1: its AI chip in a move to challenge in Nvidia.

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Speaker 1: The new chip is designed to boost performance in two areas.

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Speaker 1: It will assist with training new AI systems as well

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Speaker 1: as running finished software. Intel says the updated processor, called

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Speaker 1: Gouty three, will be available in the third quarter of

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Speaker 1: this year. Arizona will soon join fourteen other states that

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Speaker 1: have banned abortion at all stages of pregnancy. Bloomberg's Ed

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Speaker 1: Baxter has the story.

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Speaker 3: Arizona Supreme Court has ruled in favor of enforcing a

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Speaker 3: Civil War era abortion ban. It says doctors can be

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Speaker 3: prosecuted for performing an abortion except to save a mother's life.

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Speaker 3: Both Arizona's Attorney general and the governor say they will

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Speaker 3: not enforce the law. Governor Katie Hobbs.

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Speaker 4: Here, we continue to live under an unacceptable ban, a

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Speaker 4: law that still strips Arizonas of their personal autonomy and

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Speaker 4: has no exceptions for women who are the victims of

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Speaker 4: rape or insist, or any regard for pregnancy complications.

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Speaker 3: Politically, this will test Donald Trump's gamble to leave decisions

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Speaker 3: to the states. Arizona is a swing state at Baxter

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Speaker 3: Bloomberg Radio.

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Speaker 1: In other news, Israeli Prime Minister Benjamin Nettignahu says a

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Speaker 1: date is set now for a great invasion of Rafa

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Speaker 1: as Hamasa says that the latest ceasefire proposal failed to

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Speaker 1: meet Palestinian demands. Bloombergs Ethan Bronner has more from Tel Aviv.

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Speaker 5: It's clear that their public postures are quite hardline. The

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Speaker 5: Israeli Prime Minister has also issued David last night saying

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Speaker 5: no matter what, we're going to innovade Rafah eventually, and

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Speaker 5: the Hamas officials have said there is the Israelis have

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Speaker 5: been completely inflexible in what they've offered, so both sides

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Speaker 5: have taken a public posture sayings the other side's fault.

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Speaker 5: Inside the room in Cairo, there seems to be some flexibility.

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Speaker 5: The idea is that the Americans are pushing very hard

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Speaker 5: for a deal that the Israeli say they can live with,

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Speaker 5: and now they're waiting to see what Hamas says. It'll

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Speaker 5: be a day or two.

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Speaker 1: Bloombergg's Ethan Bronner from Tel Aviv. Norfolk Southern says it

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Speaker 1: will pay six hundred million dollars to settle lawsuits over

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Speaker 1: its train derailment in Ohio last year. The derailment spilled

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Speaker 1: more than one million gallons of toxic chemicals and cast

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Speaker 1: health issues for residents. Bloomberg's Karen Moscow has more.

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Speaker 6: The Atlanta based company said the agreement will resolve all

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Speaker 6: class action claims within a twenty mile radius from the derailment,

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Speaker 6: and for those residents who choose to participate personal injury

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Speaker 6: claims within a ten mile radius About fifty cars of

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Speaker 6: the freight train derailed on the outskirts of East Palestine

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Speaker 6: near the Pennsylvania state line. Some cars are transporting hazardous

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Speaker 6: materials and prompted an evacuation. The company said that the

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Speaker 6: settlement does not include or constitute any admission of liability.

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Speaker 6: It still needs court approval. Karen Moscow, Bloomberg Radio.

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Speaker 1: In other news, the closure of the Port of Baltimore

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Speaker 1: has choked off exports of coal. Flows are expected to

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Speaker 1: plunge thirty five percent this month. Bloomberg's Charlie Pellett has more.

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Speaker 7: The Energy Department says exports will slump six point three

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Speaker 7: percent four of the year. A month ago, the agency

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Speaker 7: was predicting shipments of the dirtiest fossil fuel would be

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Speaker 7: one hundred point eight million tons, but now expects ninety

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Speaker 7: four point point five million tons. Exports have been increasing

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Speaker 7: in recent years as domestic utilities shift to cleaner fuels,

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Speaker 7: making international markets increasingly important for American miners. Baltimore accounted

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Speaker 7: for about twenty eight percent of US exports last year.

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Speaker 7: In New York. Charlie Pellett Bloomberg Radio.

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Speaker 1: That's news when you want it with Bloomberg News Now.

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