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Speaker 1: News when you wanted with Bloomberg News. Now I'm Doug Prisner.

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Speaker 1: The White House is claiming victory in a showdown with

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Speaker 1: Columbia over accepting deported migrants from the US. Earlier, President

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Speaker 1: Trump slapped tariffs and travel bands on Columbia after the

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Speaker 1: government refused to allow two planes of deported migrants to

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Speaker 1: land on Colombian soil. Trump ordered an emergency twenty five

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Speaker 1: percent tariff on all Colombian goods coming into the US,

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Speaker 1: and then a short while later, the President of Columbia

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Speaker 1: retaliated and ordered tariffs of twenty five percent on US goods.

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Speaker 1: But now the White House says the Colombian government has

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Speaker 1: agreed to all President Trump's terms.

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Speaker 2: We'd go to.

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Speaker 1: China next, where factory activity contracted to its slowest pace

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Speaker 1: since August ahead of the Lunar New Year holiday. The

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Speaker 1: manufacturing PMI dropped to a reading of forty nine point

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Speaker 1: one production and new orders fell to a five month low.

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Speaker 1: Weak global demand in steve US tariffs could hurt Chinese

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Speaker 1: exports going forward. That's critical because last year exports made

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Speaker 1: up nearly a third of Chinese economic growth. By the way,

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Speaker 1: the non manufacturing PMI fell to a reading of fifty

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Speaker 1: point two. Chinese AI startup deep Seek is rocking the

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Speaker 1: technology world over the weekend in China, buzz grew about

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Speaker 1: deep Seek's latest AI model being cost effective while running

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Speaker 1: on reduced capability chips. Now this potentially raises questions over

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Speaker 1: US tech dominance in AI, as well as the high

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Speaker 1: valuations of leading AI companies like Nvidia and the investment

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Speaker 1: case for the entire AI supply chain. Tech earnings will

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Speaker 1: be in focus in the week ahead, with four of

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Speaker 1: the mag seven companies slated to report. A preview from

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Speaker 1: Bloomberg's Charlie Pellett.

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Speaker 2: We'll be hearing from Apple, Meta Platforms, Microsoft and Tesla,

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Speaker 2: and Berry is managing partner and founder of Thread Needle Ventures.

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Speaker 3: So I think if we don't see the results in

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Speaker 3: this earnings period at some point point, this euphoria Tramer

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Speaker 3: on post selection, I think runs out.

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Speaker 2: Also reporting this week Boeing, Caterpillar, chevron X on Mobile,

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Speaker 2: General Motors, IBM, Intel, Starbucks, MasterCard, and Visa in New

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Speaker 2: York Charlie Pewett Bloomberg Radio.

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Speaker 1: Monetary policy will also be a theme this week, as

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Speaker 1: the FED has its first rate decision of twenty twenty five.

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Speaker 1: Here's Bloomberg's Michael McKee.

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Speaker 4: Given the Fed is expected to leave rates unchanged this week,

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Speaker 4: the focus may end up being more on the reaction

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Speaker 4: to the decision than the decision itself, but not in

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Speaker 4: the markets. How will new President Trump feel about interest

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Speaker 4: rates not moving down, considering he demanded his word rates

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Speaker 4: go down immediately. That may depend on how FED Chair

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Speaker 4: J Powell describes the outlook. We don't get new official

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Speaker 4: forecasts or a new dot plot, which puts the focus

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Speaker 4: squarely on Powell and what he says about what the

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Speaker 4: FED might do next. Michael to kee Bloomberg Radio.

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Speaker 1: Elon Musk is said to be exploring the use of

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Speaker 1: blockchain technology at the Department of Government Offficiency as a

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Speaker 1: way of reducing cost and increasing transparency. Here's Bloomberg's Denise Pellegrini.

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Speaker 5: Sources say that Musk's team has met with representatives of

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Speaker 5: various public blockchains to evaluate their technology and discuss potential uses,

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Speaker 5: including tracking federal spending and securing data. Years ago, a

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Speaker 5: bunch of large companies, including Walmart, launched blockchain efforts. They

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Speaker 5: used private blockchains that didn't make the transactions publicly viewable.

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Speaker 5: Most of those blockchain efforts, though, were hard to govern

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Speaker 5: installed and turn out not to be cheaper than other

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Speaker 5: databases either Denise Pellgreeney Bloomberg Radio.

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Speaker 1: The CIA is shifting its view on the origin of

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Speaker 1: COVID nineteen that story from Bloomberg's at Collegi.

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Speaker 3: The Central Intelligence Agency said the COVID nineteen pandemic more

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Speaker 3: likely originated from a lap leak than a natural source,

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Speaker 3: shifting its stance after previously saying both scenarios were possible.

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Speaker 3: The CIA's new view aligns the agency with the Federal

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Speaker 3: Bureau of Investigation and the Department of Inner which say

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Speaker 3: the pandemic that caused more than seven million deaths worldwide

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Speaker 3: likely originated from a lab in Wuhan, China. The announcement

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Speaker 3: follows the arrival of CIA Director John Ratcliffe, President Donald

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Speaker 3: Trump's pick to head the agency, who has been vocal

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Speaker 3: on the issue, ed Coleggy Bloomberg Radio.

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Speaker 1: In Sporting News. The matchup for Super Bowl fifty nine

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Speaker 1: in New Orleans is set. The Philadelphia Eagles will be

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Speaker 1: taking on the Kansas City Chiefs. Patrick Mahomes and the

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Speaker 1: Chiefs outlasted the Buffalo Bills thirty two twenty nine. Earlier

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Speaker 1: in the day, the Eagles knocked out the Washington Commanders

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Speaker 1: by a score of fifty five twenty three. And that

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Speaker 1: is news when you want it with Bloomberg News Now,

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Speaker 1: I'm Doug Prisoner and this is Bloomberg