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Speaker 1: News when you want it with Bloomberg News now I

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Speaker 1: made Kleigi. Ukrainian President Vladimir Zelenski says he expects to

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Speaker 1: meet with President Trump and Florida Sunday in pursuit of

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Speaker 1: a deal to and Russia's nearly four year invasion. We

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Speaker 1: get to tails from Bloomberg's Laura Davison.

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Speaker 2: Yes, so this meeting is scheduled to happen as soon

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Speaker 2: as Sunday, And this is really a market shift from

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Speaker 2: the tones Zelensky was taking up just a few days ago,

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Speaker 2: where he was a lot more pessimistic that he believed

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Speaker 2: that the Ukrainians and Russians could agree to a peace deal.

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Speaker 2: There's been weeks of sort of shuttle diplomacy, with US

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Speaker 2: officials meeting with both Ukrainian and Russian officials separately, but

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Speaker 2: never really making much of a breakthrough. The key sticking

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Speaker 2: point in this twenty point piece plan that's been put

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Speaker 2: together is whether it's territorial issues and whether Ukraine would

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Speaker 2: be willing to give up some parts of their territory

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Speaker 2: that they currently still control. That has been one key

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Speaker 2: demand from the Russians. Ukrainians have been quite quite sour

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Speaker 2: on that idea. So Zelenski is going for this face

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Speaker 2: to face meeting down to mar A Lago with the

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Speaker 2: President to hash out some of these final details, potentially

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Speaker 2: to move with a peace.

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Speaker 1: Plant Bloomberg's Laura Davison. Separately, the Kremlin said earlier that

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Speaker 1: its representatives had made contact with the US at President

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Speaker 1: Vladimir Putin's direction. Meanwhile, Jane Harmon, a former member of

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Speaker 1: the House Intelligence Committee, says the likelihood of forging a

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Speaker 1: peace deal at this point is not good.

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Speaker 3: I don't see that Putin will be satisfied with this deal.

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Speaker 3: I'd give Zelensky enormous credit for working on it, and

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Speaker 3: I give the Ukrainian people even more credit for putting

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Speaker 3: up with four years of war. Why does Putin get

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Speaker 3: out of this? He doesn't get much in territory. He

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Speaker 3: certainly doesn't get an open door to take over Europe.

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Speaker 1: That's Jane Harmon. After the US warned that more strikes

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Speaker 1: may follow with surprise Christmas Day attack on suspected terrorist

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Speaker 1: targets in Nigeria, officials in the West African nations suggested

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Speaker 1: they'd be open to continued intervention. Nigeria is coordinating the

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Speaker 1: effort with the US, and more American attacks are expected.

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Speaker 1: The US has not said anything publicly about possible further strikes,

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Speaker 1: but Pentagon chief Pete Hegseith included the words more to

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Speaker 1: come and his tweet announcing the attack on Christmas Day.

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Speaker 1: Thailand and Cambodia have agreed to an immediate ceasefire with

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Speaker 1: effect from twelve pm local time on December twenty seventh.

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Speaker 1: This according to a joint statement posted by Cambodian Prime

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Speaker 1: Minister hunmaneme on X. A federal judge this week canceled

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Speaker 1: the trial of kilmar Or Brego Garcia, the Salvadoran man

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Speaker 1: who was mistakenly deported, and scheduled a hearing on whether

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Speaker 1: the prosecution is being vindictive in pursuing a human smuggling

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Speaker 1: case against him. Abrego Garcia has become a centerpiece of

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Speaker 1: the debate over immigration after the Trump administration deported him

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Speaker 1: in March to a notorious prison at El Salvador. Facing

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Speaker 1: mounting public pressure in a court order, the Trump administration

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Speaker 1: brought him back to the US in June, but only

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Speaker 1: after issuing an arrest warrant on human smuggling charges. In Tennessee.

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Speaker 1: Nvidia agreed to a licensing deal with artificial intelligence startup Grock,

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Speaker 1: furthering its investments in companies connected to the AI boom.

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Speaker 1: We get more from Bloomberg's Isabelle Lee.

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Speaker 4: So the chip maker as we know, has paid for

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Speaker 4: the right to use GROX technology and will integrate its

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Speaker 4: chip design into future products. So some of the startups

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Speaker 4: executives are leaving to join in Vidia to help with

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Speaker 4: that effort. Grok will continue us an independent company, but

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Speaker 4: they will name a new CEO. So in Vidas technology,

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Speaker 4: as we know, already dominates data centers and the popularity

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Speaker 4: of their offerings really has just made in Vidia the

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Speaker 4: richest company in the chip industry. So in videas it

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Speaker 4: it will use some of that cash to religious advance

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Speaker 4: their uptake of AI across the economy. So why Grok

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Speaker 4: Because Grock has slow latency chips and are extremely responsive

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Speaker 4: to inputs.

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Speaker 1: Bloomberg's Isabelle Lee. Affordability has become a political issue as

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Speaker 1: consumers cope with inflation, and Loricidel Baker of I to

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Speaker 1: our economics forecasts it will continue into the new year.

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Speaker 5: We're still seeing inflation being a little bit more persistent,

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Speaker 5: a little bit stickier, and the fundamental drivers, just the

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Speaker 5: amount of liquidity out there, wage pressures to the upside,

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Speaker 5: We're starting to see commodity prices come back to life,

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Speaker 5: not to mention energy costs. With all of these data

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Speaker 5: centers in AI, there are many more factors for pricing

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Speaker 5: to be rising going forward.

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Speaker 1: Laura Seidel Baker of it R Economics. Matt Mayley is

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Speaker 1: chief market strategist at Miller Tayback, and he has some

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Speaker 1: concerns going forward into the new year.

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Speaker 6: The employment report of just over a week ago. I mean,

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Speaker 6: that's gonna be one of the most important things. And

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Speaker 6: most of the gains from the employment report, which did

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Speaker 6: include some data from from October. Of course, you know

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Speaker 6: we're not going to get all the data from October.

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Speaker 2: But you know, now all.

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Speaker 6: Those gains came from education and healthcare, and these two

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Speaker 6: sectors are recession proof. The sectors that are more sensitive

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Speaker 6: to the business cycle are contracting. So I'm still a

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Speaker 6: little bit worried about this situation with the employment data.

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Speaker 6: But you know, we're setting up for you know, a

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Speaker 6: nice high here at the very end of the year.

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Speaker 6: We'll see if it continues into the new year. But again,

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Speaker 6: I guess my point is things are getting a little

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Speaker 6: bit stretched on a near term basis, so be a

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Speaker 6: little bit careful, careful about being overly aggressive. At the

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Speaker 6: beginning of the of the.

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Speaker 1: New year, Matt mainly of Millard Taybak. The Friday numbers

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Speaker 1: on Wall Street Dal lost twenty, Nasdaq fell twenty, the

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Speaker 1: S and PP dropped two. The ten year treasury yield

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Speaker 1: at four point one three percent. The two year is

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Speaker 1: at three point four eight percent. That's news when you

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Speaker 1: want it with Bloomberg News. Now I made Koleggi. This

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Speaker 1: is Bloomberg