1
00:00:02,480 --> 00:00:07,200
Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

2
00:00:08,440 --> 00:00:11,239
Speaker 2: News when you want it with Bloomberg News Now. I'm

3
00:00:11,240 --> 00:00:14,239
Speaker 2: Bran Curtis in Hong Kong. A US made spacecraft has

4
00:00:14,320 --> 00:00:16,680
Speaker 2: landed on the Moon for the first time in fifty

5
00:00:16,720 --> 00:00:19,800
Speaker 2: one years. It's the first time a private sector company

6
00:00:19,880 --> 00:00:22,080
Speaker 2: has put a lander on the Moon in one piece.

7
00:00:22,640 --> 00:00:27,600
Speaker 2: Keith Cowing, American astrobiologist and former NASA employee, helped us

8
00:00:27,680 --> 00:00:29,960
Speaker 2: understand the significance of the achievement.

9
00:00:30,520 --> 00:00:33,880
Speaker 3: Back in the day, only companies that were under direct

10
00:00:33,920 --> 00:00:37,640
Speaker 3: contract to a government agency built spacecraft, and they were expensive,

11
00:00:37,840 --> 00:00:40,120
Speaker 3: and you know, they took a long time to happen,

12
00:00:40,640 --> 00:00:43,480
Speaker 3: and you know, flash forward, but private sector now has

13
00:00:43,520 --> 00:00:46,639
Speaker 3: the chance to do things more efficiently and cheaper than

14
00:00:46,640 --> 00:00:49,240
Speaker 3: the government can. But what NASA did, They said, you

15
00:00:49,280 --> 00:00:51,360
Speaker 3: know what, let's try and spread the risk a little

16
00:00:51,400 --> 00:00:54,120
Speaker 3: bit differently. This time, we'll get four or five companies

17
00:00:54,160 --> 00:00:56,319
Speaker 3: to bid, well, three or four spacecraft. If they all

18
00:00:56,320 --> 00:00:58,680
Speaker 3: make it, great, If one dozen or two, don't you

19
00:00:58,720 --> 00:01:00,800
Speaker 3: still have that ability to get the science we need.

20
00:01:01,280 --> 00:01:04,759
Speaker 2: That was Keith Cowing. The US will sanction more than

21
00:01:04,760 --> 00:01:08,320
Speaker 2: five hundred people in entities linked to Russia's war machine

22
00:01:08,560 --> 00:01:13,040
Speaker 2: This comes as the Ukraine invasion anniversary nears. The sanctions

23
00:01:13,080 --> 00:01:15,920
Speaker 2: are set to be announced on Friday, and they're said

24
00:01:15,959 --> 00:01:18,720
Speaker 2: to be the largest single trench of sanctioned since the

25
00:01:18,760 --> 00:01:22,640
Speaker 2: start of the war. AT and T is saying that

26
00:01:22,760 --> 00:01:27,280
Speaker 2: its outage yesterday was caused by network improvement efforts. Bloomberg's

27
00:01:27,360 --> 00:01:28,640
Speaker 2: Ed Baxter has the story.

28
00:01:29,520 --> 00:01:31,440
Speaker 4: At and T is now saying that the outage was

29
00:01:31,480 --> 00:01:35,160
Speaker 4: caused by work being done to expand the network coverage.

30
00:01:35,200 --> 00:01:39,640
Speaker 4: It says incorrect processes were followed. It says not a

31
00:01:39,640 --> 00:01:43,600
Speaker 4: cyber attack already in process, though investigations by a number

32
00:01:43,600 --> 00:01:46,680
Speaker 4: of federal agencies. Hennessy spokesman John.

33
00:01:46,520 --> 00:01:50,760
Speaker 3: Kirby, DHS and the FBI are looking into this as well,

34
00:01:50,800 --> 00:01:54,120
Speaker 3: working with the tech industry and these network providers.

35
00:01:54,320 --> 00:01:57,680
Speaker 4: Tracking service website down Detector says more than one and

36
00:01:57,680 --> 00:02:02,639
Speaker 4: a half million outage reports made at Baxter Bloomberg Radio.

37
00:02:03,120 --> 00:02:06,400
Speaker 2: South Korea has raised its healthcare alert to the highest level.

38
00:02:06,720 --> 00:02:09,880
Speaker 2: That's after thousands of doctors went on strike to protest

39
00:02:09,960 --> 00:02:14,400
Speaker 2: against government plans to increase medical school intake and force

40
00:02:14,480 --> 00:02:18,600
Speaker 2: hospitals to delay or cancel surgeries. The highest level of

41
00:02:18,600 --> 00:02:20,880
Speaker 2: alert means that the prime Minister will now be in

42
00:02:21,000 --> 00:02:24,560
Speaker 2: charge of handling issues that typically fall under the Health Minister.

43
00:02:24,760 --> 00:02:27,760
Speaker 2: FED Vice Chair Philip Jefferson says the Federal Reserve needs

44
00:02:27,760 --> 00:02:30,239
Speaker 2: to be on guard against cutting interest rates too far.

45
00:02:30,440 --> 00:02:34,840
Speaker 2: In response to falling inflation, Jefferson voiced cautious optimism that

46
00:02:35,080 --> 00:02:38,320
Speaker 2: inflation is heading lower despite a blip in January.

47
00:02:38,800 --> 00:02:42,120
Speaker 1: As of our last meeting in Tanbruary, my colleagues on

48
00:02:42,240 --> 00:02:46,280
Speaker 1: the FOMC and I believe that our policy rate is

49
00:02:46,560 --> 00:02:51,400
Speaker 1: likely at its peak for this tightening cycle, and that

50
00:02:51,639 --> 00:02:56,280
Speaker 1: if the economy evolves broadly as expected, it will likely

51
00:02:56,360 --> 00:03:01,360
Speaker 1: be appropriate to begin dialing back policy restrain at some

52
00:03:01,560 --> 00:03:03,160
Speaker 1: point this year.

53
00:03:03,440 --> 00:03:07,520
Speaker 2: Meantime, Philadelphia Fed President Patrick Harker emphasized the risk of

54
00:03:07,639 --> 00:03:09,040
Speaker 2: easing policy too soon.

55
00:03:09,639 --> 00:03:12,320
Speaker 5: Yes, I do believe that we may be in a

56
00:03:12,360 --> 00:03:15,119
Speaker 5: position to see rates decrease this year, but I would

57
00:03:15,200 --> 00:03:19,000
Speaker 5: caution anyone from looking for it right now and right away.

58
00:03:19,520 --> 00:03:23,240
Speaker 5: We have time to get it right, as we must.

59
00:03:23,680 --> 00:03:27,919
Speaker 2: Philadelphia Fed President Patrick Harker. In a discussion after his speech,

60
00:03:27,960 --> 00:03:30,120
Speaker 2: Harker said that he was looking for a couple of

61
00:03:30,200 --> 00:03:33,720
Speaker 2: more months of data. Well. A huge trove of documents

62
00:03:33,720 --> 00:03:36,720
Speaker 2: has turned up at the Global Security site GitHub, owned

63
00:03:36,760 --> 00:03:41,160
Speaker 2: by Microsoft. The documents appear to outline China's state sponsored

64
00:03:41,160 --> 00:03:45,360
Speaker 2: cyber attacks on foreign governments. It's believed the files were leaked.

65
00:03:45,720 --> 00:03:47,840
Speaker 2: Hundreds of reports were said to be attributed to the

66
00:03:47,840 --> 00:03:52,600
Speaker 2: Shanghai based cybersecurity vendor i Soon. The targets range from

67
00:03:52,600 --> 00:03:55,800
Speaker 2: the UK Foreign Office, to the Royal Thai Army and

68
00:03:55,920 --> 00:03:59,640
Speaker 2: even to the office of NATO's Secretary General Jen Stoltenberg.

69
00:04:00,120 --> 00:04:03,640
Speaker 2: An administration is said to be examining Nippon Steels connections

70
00:04:03,680 --> 00:04:06,800
Speaker 2: to China. Bloomberg's Yvon Man has more from Hong Kong.

71
00:04:07,080 --> 00:04:10,400
Speaker 6: This might be another stumbling block for Nipon Steel's politically

72
00:04:10,480 --> 00:04:14,680
Speaker 6: contentious deal to acquire US steel. People familiar say the

73
00:04:14,720 --> 00:04:19,280
Speaker 6: administration sees its priority as protecting US industry and it's

74
00:04:19,279 --> 00:04:22,960
Speaker 6: worried about Nipon Steel's exposure to China. In its own

75
00:04:23,000 --> 00:04:26,920
Speaker 6: report to shareholders, Nippon Steel said it had nine facilities

76
00:04:26,960 --> 00:04:31,120
Speaker 6: in China as part of its global production base. Regulators

77
00:04:31,120 --> 00:04:34,280
Speaker 6: may see the acquisition of US steel by Nippon as

78
00:04:34,320 --> 00:04:38,359
Speaker 6: allowing more Chinese source steel to access US markets. The

79
00:04:38,480 --> 00:04:41,479
Speaker 6: US uses tariffs to keep steel from being dumped on

80
00:04:41,600 --> 00:04:45,640
Speaker 6: American soil in Hong Kong. I'm yvon Mann Bloomberg Radio.

81
00:04:46,040 --> 00:04:48,839
Speaker 2: That's news when you want it. With Bloomberg News Now.

82
00:04:49,120 --> 00:04:51,360
Speaker 2: I'm Brian Curtis. This is Bloomberg