1 00:00:00,080 --> 00:00:07,120 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:09,440 --> 00:00:12,200 Speaker 2: News when you want it With Bloomberg News Now, I'm 3 00:00:12,200 --> 00:00:15,960 Speaker 2: Brian Curtis in Hong Kong. Russian President Vladimir Putin has 4 00:00:16,000 --> 00:00:19,320 Speaker 2: delivered another warning on nuclear weapons. We get the story 5 00:00:19,320 --> 00:00:20,840 Speaker 2: from Bloomberg's Lisa Mateo. 6 00:00:21,040 --> 00:00:23,560 Speaker 1: This came from an interview with the Russian State television. 7 00:00:23,880 --> 00:00:26,960 Speaker 1: He said he will use nuclear weapons if there is 8 00:00:27,000 --> 00:00:31,479 Speaker 1: a threat to russia statehood, sovereignty or independence. He described 9 00:00:31,480 --> 00:00:34,360 Speaker 1: President Joe Biden as a politician who understands the dangers 10 00:00:34,360 --> 00:00:37,200 Speaker 1: of escalation and that he doesn't think that the world 11 00:00:37,280 --> 00:00:40,680 Speaker 1: is heading to a nuclear war. But he did stress 12 00:00:40,720 --> 00:00:44,240 Speaker 1: that Russia's nuclear forces are in full readiness and that 13 00:00:44,320 --> 00:00:45,440 Speaker 1: they are prepared. 14 00:00:45,560 --> 00:00:49,600 Speaker 2: Bloomberg's Lisa Mateo. The latest warning comes days before Putin 15 00:00:49,680 --> 00:00:52,199 Speaker 2: is expected to win another six year term in this 16 00:00:52,280 --> 00:00:56,000 Speaker 2: weekend's election. Former President Donald Trump is no longer facing 17 00:00:56,080 --> 00:01:01,080 Speaker 2: as many election interference charges in Georgia. Fulton County Judge 18 00:01:01,120 --> 00:01:04,600 Speaker 2: Scott McAfee has dismissed six of the charges that were 19 00:01:04,600 --> 00:01:08,480 Speaker 2: in District Attorney Fannie Willis's indictment, including three for the 20 00:01:08,520 --> 00:01:11,920 Speaker 2: former president. We get the details here from Bloomberg's Wendy 21 00:01:11,959 --> 00:01:13,720 Speaker 2: Benjaminson in Washington. 22 00:01:14,000 --> 00:01:17,240 Speaker 3: The charges that were dismissed were the charges involving that 23 00:01:17,560 --> 00:01:20,679 Speaker 3: quote unquote perfect many one of his many perfect phone calls, 24 00:01:20,680 --> 00:01:24,360 Speaker 3: so quote unquote to the Secretary of State of Georgia, 25 00:01:24,400 --> 00:01:27,959 Speaker 3: the administer of the elections, who you know who heard 26 00:01:28,040 --> 00:01:31,080 Speaker 3: Trump say to him, I just need you to find 27 00:01:31,080 --> 00:01:35,840 Speaker 3: me eleven thousand votes. So that the charge was interfering 28 00:01:35,880 --> 00:01:40,160 Speaker 3: with ancted official or solicitation of you know, bad acts. 29 00:01:40,240 --> 00:01:41,279 Speaker 3: So those charges were. 30 00:01:41,120 --> 00:01:45,520 Speaker 2: Dismissed Bloomberg's Wendy Benjaminson. The racketeering charges at the center 31 00:01:45,560 --> 00:01:48,559 Speaker 2: of Willis's indictment are still on the table. The judge 32 00:01:48,600 --> 00:01:51,480 Speaker 2: also says prosecutors can seek a new indictment on the 33 00:01:51,560 --> 00:01:55,280 Speaker 2: charges that he tossed aside earlier today. Well, with Donald Trump, 34 00:01:55,360 --> 00:01:58,840 Speaker 2: the presumptive nominee in the GOP, Bloomberg's had backs to 35 00:01:58,880 --> 00:02:02,080 Speaker 2: reports he's having converseas with potential cabinet members. 36 00:02:02,320 --> 00:02:05,480 Speaker 4: These are described as informal talks. A familiar name has 37 00:02:05,480 --> 00:02:09,120 Speaker 4: come up on the financial sector, hedge fund titan John 38 00:02:09,240 --> 00:02:13,120 Speaker 4: Paulson as Treasury secretary. Now Trump has talked about Paulson, 39 00:02:13,240 --> 00:02:16,840 Speaker 4: saying this is a quote John Paulson, the Great John 40 00:02:16,919 --> 00:02:20,040 Speaker 4: Paulson made plenty of money in Nevada, doesn't live there, 41 00:02:20,160 --> 00:02:22,040 Speaker 4: makes a hell of a lot of money. He makes 42 00:02:22,080 --> 00:02:25,600 Speaker 4: money everywhere he goes. Actually, so money machine. Maybe we'll 43 00:02:25,600 --> 00:02:27,760 Speaker 4: put you know what, him at treasury. You want to 44 00:02:27,800 --> 00:02:31,080 Speaker 4: make a little money. Nothing, of course, is set in stone, 45 00:02:31,480 --> 00:02:34,280 Speaker 4: and mister Trump has been known to change his mind, 46 00:02:34,919 --> 00:02:36,320 Speaker 4: Ed Baxter Bloomberg Radio. 47 00:02:36,480 --> 00:02:38,680 Speaker 2: Chinese Premier Lee Chong has made a rare visit to 48 00:02:38,720 --> 00:02:42,519 Speaker 2: Baidu and other Chinese chip and AI firms. State media 49 00:02:42,600 --> 00:02:45,680 Speaker 2: say Lee called for forward looking planning to push for 50 00:02:45,919 --> 00:02:49,440 Speaker 2: technological breakthroughs ll. He said that AI is an important 51 00:02:49,480 --> 00:02:52,880 Speaker 2: engine to develop new productive forces. That's the slogan used 52 00:02:52,919 --> 00:02:55,840 Speaker 2: by President Chijinping in order for China to attain the 53 00:02:55,919 --> 00:02:59,920 Speaker 2: high quality growth. President Biden is planning to express concern 54 00:03:00,080 --> 00:03:03,160 Speaker 2: over the proposed takeover of US Steel by Nippon Steel. 55 00:03:03,560 --> 00:03:06,000 Speaker 2: We're told Biden will issue a statement about the deal 56 00:03:06,320 --> 00:03:09,400 Speaker 2: before the state visit of Japanese Prime Minister Fumio Kishida 57 00:03:09,560 --> 00:03:13,040 Speaker 2: next month. We spoke earlier with Joe Doe Bloomberg Medals 58 00:03:13,040 --> 00:03:16,760 Speaker 2: and Mining reporter. He says President Biden's support may sway 59 00:03:16,840 --> 00:03:19,960 Speaker 2: negotiations in favor of the United steel Workers union. 60 00:03:20,240 --> 00:03:23,720 Speaker 5: The steel workers just had their first meeting with Nippon Steel, 61 00:03:24,440 --> 00:03:27,399 Speaker 5: which is supposed to be the beginning of talks or 62 00:03:27,680 --> 00:03:34,440 Speaker 5: discussions or maybe eventually outright negotiations as to Nippon Steel 63 00:03:34,480 --> 00:03:37,040 Speaker 5: taking over the labor agreement of the steel workers. The 64 00:03:37,040 --> 00:03:39,760 Speaker 5: steel workers themselves can't block the steal, but they do 65 00:03:39,800 --> 00:03:42,280 Speaker 5: hold a lot of political sway, and the political sway, 66 00:03:42,320 --> 00:03:45,880 Speaker 5: of course, is Joe Biden's support of unions, in particular 67 00:03:46,000 --> 00:03:46,840 Speaker 5: the steel Workers. 68 00:03:47,640 --> 00:03:51,560 Speaker 2: Meantime, a document seen by Bloomberg News shows Nippon has 69 00:03:51,600 --> 00:03:56,480 Speaker 2: offered at least one point four billion dollars in capital spending. Well. 70 00:03:56,520 --> 00:03:59,480 Speaker 2: The US House has passed a bill to ban TikTok 71 00:03:59,600 --> 00:04:02,640 Speaker 2: in the US unless it's Chinese owner sells the app, 72 00:04:03,000 --> 00:04:06,080 Speaker 2: and President Biden said he would sign the legislation if 73 00:04:06,120 --> 00:04:09,800 Speaker 2: it comes across his desk. We spoke earlier with Mark Ginsburg, 74 00:04:09,880 --> 00:04:13,280 Speaker 2: president of the Coalition for a Safer Web. He says 75 00:04:13,400 --> 00:04:16,760 Speaker 2: convincing Bite Dance to sell will be tough since data 76 00:04:17,000 --> 00:04:18,960 Speaker 2: is at the heart of TikTok success. 77 00:04:19,480 --> 00:04:24,240 Speaker 6: The magic potion that makes TikTok TikTok is its unique algorithm, 78 00:04:24,720 --> 00:04:28,160 Speaker 6: and you can't force the Chinese to divest the algorithm 79 00:04:28,160 --> 00:04:30,840 Speaker 6: if it owns the company. And so no matter what 80 00:04:30,960 --> 00:04:34,520 Speaker 6: happens here, I don't know who is going to want 81 00:04:34,560 --> 00:04:37,960 Speaker 6: to put up billions of dollars if the Chinese refused 82 00:04:37,960 --> 00:04:43,800 Speaker 6: to provide you the secret gateway of what makes TikTok TikTok. 83 00:04:44,240 --> 00:04:47,719 Speaker 2: That's Mark Ginsburg, president of the Coalition for a Safer Web. 84 00:04:48,320 --> 00:04:51,040 Speaker 2: After the vote, TikTok told employees there were no plans 85 00:04:51,080 --> 00:04:54,840 Speaker 2: at the moment to change its approach to protecting user data. 86 00:04:54,960 --> 00:04:57,839 Speaker 2: That's news when you want it. With Bloomberg News now, 87 00:04:58,240 --> 00:05:00,320 Speaker 2: I'm Brian Curtis. This is in Berg