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Speaker 1: News when you want it with Bloomberg News. Now, I'm

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Speaker 1: Doug Prisoner. Jimmy Carter, the thirty ninth president of the

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Speaker 1: United States, has died at his home in Plains, Georgia,

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Speaker 1: at the age of one hundred. Carter was the longest

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Speaker 1: living former president ever. President Biden had this to say

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Speaker 1: about Carter.

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Speaker 2: He was a statesman and humanitarian. And Jill and I

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Speaker 2: lost to dear friend. I've been hanging out with Jimmy

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Speaker 2: Carter for over fifty years. A dawn dummy and I

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Speaker 2: had countless conversation over those years, and I always would

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Speaker 2: be proud to say that he used to kid me

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Speaker 2: about it that I was the first national figure to

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Speaker 2: endorse him in nineteen seventy six when he ran for president.

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Speaker 2: There was an overwhelming reason for it. His character, well,

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Speaker 2: I find extraordinary about Jimmy Carter. Tholfs millions of people

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Speaker 2: all around the world, all over the world feel they

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Speaker 2: lost a friend as well.

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Speaker 1: That's President Biden there.

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Speaker 2: Now.

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Speaker 1: Biden has selected January ninth as the day of mourning

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Speaker 1: for Jimmy Carter. It was early in twenty twenty three.

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Speaker 1: Carter opted to spend his remaining time at home in

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Speaker 1: Georgia while receiving hospice care. Former President Jimmy Carter is

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Speaker 1: dead at one hundred. In South Korea, investigator sought a

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Speaker 1: warrant to arrest President Yunsukiol after the impeached leader repeatedly

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Speaker 1: defied summons to appear for questioning over his martial law declaration.

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Speaker 1: A joint investigation team made the request with a court

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Speaker 1: in Seoul one day after Yun did not appear for

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Speaker 1: scheduled questioning for a third time. Staying in South Korea,

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Speaker 1: investigators there are probing the cause of the country's worst

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Speaker 1: civil aviation accident ever. One hundred seventy nine people were

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Speaker 1: killed when a Boeing seven thirty seven eight hundred crash

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Speaker 1: landed at Muan International Airport on Sunday morning. The aircraft

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Speaker 1: skidded along the runway on its belly before smashing into

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Speaker 1: a wall and then exploding into a ball of fire.

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Speaker 1: The aircraft was operated by South Korea's Jeju Air. The

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Speaker 1: pilot had issued a May day emergency call after a

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Speaker 1: bird strike, warning the aircraft's landing gear hadn't been deployed.

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Speaker 1: Here is Bloomberg Asia Transport reporter Danny Lee.

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Speaker 3: So the bird strike warning was given to pilots by

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Speaker 3: the airport staff and aircraft control in the minutes before

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Speaker 3: the landing, and this is a critical phase of flight

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Speaker 3: for pilots to obviously navigate safely in land. And after

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Speaker 3: this bird strike warning there was a made a call

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Speaker 3: from the pilots they had suffered a bird strike. And

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Speaker 3: then subsequently minutes later we well the crash happened, and

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Speaker 3: there was some spectacular footage showing the lead up to

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Speaker 3: the crash and then the actual crash itself, which is

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Speaker 3: just so devastating.

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Speaker 1: That is Bloomberg's Danny Lee reporting from Hong Kong. Meantime,

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Speaker 1: South Korea's news agency yan Hap reports a separate Jju

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Speaker 1: Air flight was found to who have had a problem

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Speaker 1: with its landing gear immediately after takeoff. That aircraft was

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Speaker 1: a Boeing seven thirty seven eight hundred, the same model

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Speaker 1: involved in the disaster on Sunday. That flight did refer

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Speaker 1: that flight did return safely to the airport. Now, the

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Speaker 1: crash in South Korea comes on the heels of another

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Speaker 1: aviation tragedy in Iserbaijan. On Sunday. Iserbaijani president Ilham Aliev

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Speaker 1: told State TV that Russia had shot down an Iserbaijan

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Speaker 1: Airline's passenger plane by accident on December twenty fifth. His

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Speaker 1: remarks follow a phone call with Russian President Vladimir Putin,

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Speaker 1: who apologized for the incident without specifically saying that Russia

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Speaker 1: had been at fault. A team of international experts has

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Speaker 1: been assembled to investigate the crash killed thirty eight and

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Speaker 1: injured twenty nine Others. Financial markets will have a close

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Speaker 1: eye on the US debt ceiling. It's possible the current

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Speaker 1: legal limit will be reached next month. We have more

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Speaker 1: from Bloomberg's Denise Pellegrini.

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Speaker 4: Jajhui. Secretary Jennet Yellen says the US will likely reach

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Speaker 4: the debt limit mid January, and she also says the

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Speaker 4: US will use special accounting maneuvers to avoid breaching it. Others, though,

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Speaker 4: including an economist at Goldman Sachs, say the limit on

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Speaker 4: the total amount of money the US government is authorized

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Speaker 4: to borrow to meet existing legal obligations won't likely be

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Speaker 4: reached until this summer. Yellen is asking lawmakers to take

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Speaker 4: action to defend the full faith and credit of the US.

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Speaker 4: A showdown over the dead ceiling quit strain financial markets

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Speaker 4: and raise US borrowing costs. Denise Pelgritty, Bloomberg Radio.

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Speaker 1: Israeli Prime Minister Benjamin Netniah, who is recovering from surgery

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Speaker 1: to remove his prostate, His office said the procedure ended

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Speaker 1: successfully and without complications. Netnia who has been transferred to

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Speaker 1: a secure underground recovery unit. He is expected to remain

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Speaker 1: there for observations over the coming days. And that is

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Speaker 1: news when you want it with Bloomberg News Now. I'm

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Speaker 1: Doug Krisner and this is Bloomberg