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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

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Speaker 2: met Kaalki. President Joe Biden blamed US lawmaker's failure to

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Speaker 2: approve emergency aid to Ukraine for the fall of Avdivka,

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Speaker 2: which handed Russia a significant battlefield victory after months of

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Speaker 2: fighting for control of the city. Attempts to free emergency

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Speaker 2: foreign a to US allies has been stuck in a

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Speaker 2: partisan deadlock in Congress for months, leaving Biden and Ukrainian

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Speaker 2: President Voladimir Zelensky to make increasingly urgent appeals for lawmakers

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Speaker 2: to move forward as Ukrainian supplies run low. Ukraine was

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Speaker 2: forced to withdraw from Avdifka after its soldiers had to

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Speaker 2: ration ammunition due to dwindling supplies as a result of

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Speaker 2: congressional inaction, resulting in Russia's first notable gains in months.

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Speaker 2: The White House said this in a statement after Biden

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Speaker 2: called Zelensky to underscore the US commits meant to continued support.

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Speaker 2: Biden emphasized the need for Congress to urgently pass the

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Speaker 2: National Security Supplemental Funding Bill to resupply Ukrainian forces. The

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Speaker 2: UK and its allies look to arm Ukraine with AI

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Speaker 2: enabled swarm drones. Bloomberg's Alex Werkham and Munich broke the story.

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Speaker 3: We're essentially hearing that the UK had a quite small

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Speaker 3: group of other nations, including the US and some European allies,

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Speaker 3: essentially working on a pretty secretive new drone program which

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Speaker 3: aims to supply Ukraine with cutting edge artificial intelligence based

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Speaker 3: drones that could essentially swarm enemy targets, which theoretically could

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Speaker 3: give Ukraine the ability to send thousands of drones to

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Speaker 3: a Russian position at any one time, which could potentially

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Speaker 3: be a bit of a different dynamic of the battlefield,

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Speaker 3: which is something that Ukraine obviously needs very badly at

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Speaker 3: the moment.

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Speaker 2: Wickham also says Russia is ramping up its own domestic

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Speaker 2: production of battle drones and has received significant supplies from

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Speaker 2: its ally Iran. US prosecutors justified one of the largest

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Speaker 2: criminal penalties in US history, saying Finance Holdings wilfully violated

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Speaker 2: the nation's economic sanctions laws and left the financial system

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Speaker 2: vulnerable to those who seek to exploit our system for

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Speaker 2: their own gain. The crypto trading company pleaded guilty late

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Speaker 2: last year to anti money laundering and sanctions violations and

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Speaker 2: agreed to pay four point three billion dollars in penalties

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Speaker 2: and a sentencing memo filed Friday in federal court in Seattle.

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Speaker 2: US prosecutors urged a federal judge to accept the plea deal.

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Speaker 2: They wrote in some given the nature and seriousness of

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Speaker 2: Finance's misconduct, it was intentional and led by senior executives

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Speaker 2: with hundreds of millions of dollars of collateral consequences. The

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Speaker 2: penalties in the proposed plea agreement are appropriate. The plea

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Speaker 2: deal also requires monitoring of the company for up to

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Speaker 2: five years. It may be a holiday shortened training week,

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Speaker 2: but it's going to be a busy one for earnings.

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Speaker 2: Bloomberg's Nathan Hager reports.

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Speaker 4: It kicks off Tuesday with two big names, Walmart and

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Speaker 4: Home Depot, but the pivot point for investors could come

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Speaker 4: Wednesday when we get results from AI Chip, Giant, Nvidia.

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Speaker 4: Amy wu Silverman is head of Derivative Strategy at RBC

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Speaker 4: Capital Markets.

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Speaker 5: There's a lot of FOMO, and one of the footprints

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Speaker 5: of FOMO in the derivatives market is this outsize bidding

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Speaker 5: of call options to almost a historic degree in some

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Speaker 5: of the megacap techniques would continue to see that and

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Speaker 5: that typically drives more positive momentum.

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Speaker 4: We also hear this week from Rivian, Etsy Currig, doctor

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Speaker 4: Pepper Maderna, and Warner Brothers Discovery Nathan Hager Bloomberg Radio.

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Speaker 2: We all know how many companies have pulled out of

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Speaker 2: or scaled back their Russia business. Well, it looks like

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Speaker 2: Oreo's maker, Mandaliniz is moving in the other direction, along

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Speaker 2: with other food makers not subject to sanctions. More from

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Speaker 2: Bloomberg's Denise Pellegrini.

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Speaker 1: Despite an initial pledge to scale back operations, data and

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Speaker 1: document show Mondali's presence is actually growing by some measures.

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Speaker 1: Between January and July of last year, Mandali's Russia business

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Speaker 1: imported about forty four million pounds of chocolate, biscuits and candies.

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Speaker 1: That is up two percent from a year ago, according

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Speaker 1: to import Genius At says Chicago based Mandalize tries to

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Speaker 1: avoid pulling out and potentially handing over a profitable business

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Speaker 1: to a government that's looking to fund its war efforts.

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Speaker 1: But Bloomberg News also reports internal documents show the maker

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Speaker 1: of Hall's cough drops and ritz crackers may be trying

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Speaker 1: to grow its market share in some Russian segments, and

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Speaker 1: Mondaliz says the profitability of its Russian business remained above

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Speaker 1: historic levels last year. Denise Pellgridy Bloomberg Radio.

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Speaker 2: And that's news when you wanted with Bloomberg News. Now

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Speaker 2: I'm Ed Kleggi and this is Bloomberg