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Fed Must Remain Independent, Goldman's Kaplan Says

The next Fed chair must prove that they are able to balance issues and have debates without regard to political pressure and political considerations, said Robert Kaplan, Vice Chairman of Goldman Sachs and former President of the Federal Reserve Bank of Dallas. Kaplan also spoke of the importance of investing in education and professional skills to help the US workforce adapt to an AI-enabled world. Robert spoke to Anna Edwards on "The Pulse" on Bloomberg Television on December 4.

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Modi Rolls Out Red Carpet for Putin, Defying US Pressure

India is rolling out the red carpet for Russian President Vladimir Putin, despite efforts by Western democracies to cast him as an international pariah. Prime Minister Narendra Modi has called the India Russia friendship "time tested" and one that has greatly benefited the people. Bloomberg's India government reporter Sudhi Ranjan Sen spoke with Haslinda Amin on how these ties continue to withstand U.S. pressure.

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Warner Bros. Is Said to Begin Exclusive Talks With Netflix

Warner Bros. Discovery Inc. has entered exclusive negotiations to sell its film and TV studios and HBO Max streaming service to Netflix Inc., according to people familiar with the discussions. The two companies could announce a deal as soon as in the coming days, assuming talks don't fall apart, the people said. Bloomberg's Manuel Baigorri breaks down the situation.

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Politics

German Parliament to Vote on Pension Bill

Chancellor Friedrich Merz's ruling coalition faces a key vote in parliament on a pension bill. A group of about 18 younger lawmakers from his own party has rebelled against the bill, which is due to go to a final ballot in the Bundestag at around 12:30 p.m. in Berlin. The move threatens to wipe out the coalition's majority of just 12 seats and deal another blow to Merz's credibility. Bloomberg's Oliver Crook reports.

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