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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: News when you want it with Bloomberg News Now. I'm

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Speaker 2: Brian Curtis in Hong Kong tonight. Former President Donald Trump

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Speaker 2: has the delegates to secure the Republican nomination. Trump is

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Speaker 2: projected to have won in the state of Washington, and

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Speaker 2: President Joe Biden has won enough delegates to secure the

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Speaker 2: Democratic presidential nomination. A Democratic primary victory in Georgia pushed

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Speaker 2: Biden over the threshold of delegates required. Poland's president is

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Speaker 2: saying that Russian President Vladimir Putin would attack other states

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Speaker 2: if the Kremlin wins the war in Ukraine.

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Speaker 3: We are the nation who was enslaved by Russia several times.

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Speaker 3: If Russia wins the war in Ukraine, if put And

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Speaker 3: wins the war in Nukran, he will attack one more time.

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Speaker 3: He will attack other states because this is a Russian

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Speaker 3: imperialism reborn and it is greedy, it will be willing

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Speaker 3: to text further. That is why it has to be tough,

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Speaker 3: be blocked, and it has to be punished. And this

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Speaker 3: is the most important task that is chasing the community

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Speaker 3: of the West. Today.

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Speaker 2: Polish President Andres Duda there speaking through an interpreter due

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Speaker 2: to his comments come after he visited the White House

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Speaker 2: at a critical moment in Ukraine's war to repel Russia's invasion.

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Speaker 2: The White House has announced a package of some three

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Speaker 2: hundred million dollars in military assistance to Ukraine. This is

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Speaker 2: part of the Biden administration's latest efforts to secure aid

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Speaker 2: for Kiev as Congress remains deadlocked. National Security Advisor Jake

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Speaker 2: Sullivan says the Defense Department is using money saved on

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Speaker 2: contracts to pay for this weapons package.

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Speaker 1: To put a fine point on it, We're able to

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Speaker 1: use these cost savings to make this modest amount of

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Speaker 1: new security assistance available right now without impacting US military readiness.

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Speaker 2: National Security Advisor Jake Sullivan. The security assistance package will

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Speaker 2: include anti armour and anti aircraft weapons, as well as

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Speaker 2: artillery rounds. TikTok is finding a legal challenge if US

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Speaker 2: legislation forces it to sell its American business, Boom Breaks.

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Speaker 2: Joan Wong has more from Hong Kong.

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Speaker 4: We hear TikTok would exhaust all legal challenges before it

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Speaker 4: would consider selling. The company's CEO showed Chee spend a

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Speaker 4: day in Washington lobbying against a bill that demands a sale.

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Speaker 4: We hear that selling would be the last resort for

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Speaker 4: TikTok's parent Bitans. A divestiture would also require approval by

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Speaker 4: the Chinese government, and Beijing has already said it would

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Speaker 4: oppose that mandate. The US House foks on the bill tomorrow.

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Speaker 4: In Hong Kong joined Wang Bloomberg Radio.

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Speaker 2: The rate of underlying US inflation topped forecast for a

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Speaker 2: second month in February. The core consumer price index rose

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Speaker 2: four tenths of a percent month on month. On a

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Speaker 2: year over year basis, the core rate was up three

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Speaker 2: point eight percent. Prices jumped for used cars, air travel,

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Speaker 2: and clothing. We caught up with David Kelly from JP

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Speaker 2: Morgan Asset Management and Steve Rashudo at Mizuho.

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Speaker 1: I think the big picture here is it's kind of

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Speaker 1: like when you take cookies out of the oven.

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Speaker 3: They're cooling, but they seem to be cooling really slowly.

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Speaker 1: This is a tight labor market and it's not generating

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Speaker 1: the easing of the labor market conditions that could say

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Speaker 1: to you, inflation is definitely going to go back to

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Speaker 1: two percent.

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Speaker 2: It is coming down, but it's just it's going to

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Speaker 2: take some time, and that's okay, But I don't think

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Speaker 2: there's anything here to alarm the FED or anybody else.

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Speaker 2: Bondieals edged higher, and equity prices were higher as well,

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Speaker 2: with S and P five hundred up one point one percent.

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Speaker 2: In other news, Country Garden in China is said to

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Speaker 2: have missed a coupon payment on a yuan bond for

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Speaker 2: the first time. Sources say the builder's main Onshore unit

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Speaker 2: has not paid the equivalent of a thirteen million dollar

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Speaker 2: coupon that came due yesterday. There is a thirty day

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Speaker 2: trading day grace period for the payment before any default

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Speaker 2: could be called. The Pentagon has reportedly pulled out of

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Speaker 2: a plan to spend up to two point five billion

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Speaker 2: dollars on a chip grant for Intel. The funding was

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Speaker 2: part of a spending package that President Joe Biden signed

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Speaker 2: into law over this past weekend. Lawmakers have directed the

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Speaker 2: Commerce Department to redirect funding from the chipsack to make

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Speaker 2: up the balance. Until Cher slipped as much as one

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Speaker 2: point seven percent in late trading after Bloomberg reported the

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Speaker 2: news that's news when you want it with Bloomberg News Now,

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Speaker 2: I'm Brian Curtis this is Bloomberg,