US President Donald Trump and Russian President Vladimir Putin meet in Alaska today, and Dubai is trying to hold on to its role as the financial centre of the Middle East. Plus, China is sending out a warning to foreign countries stockpiling rare earths metals, and the FT’s Katie Martin explains why she’s worried about the calm in the markets. Mentioned in this podcast: Can Dubai keep its crown as the Middle East’s finance capital? Investors are frogs in a Trumpian pot China warns foreign compan...
Aug 15, 2025•13 min
Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, and UK companies in China are being buoyed by diplomatic law. Plus, the FT’s Jamie Smyth explains why the US shale boom may be over after a decade-long run. Mentioned in this podcast: UK companies in China buoyed by diplomatic thaw US oil producers say Opec ‘price war’ will halt shale boom Initial tax data allays fears of non-dom exodus from UK Sign up for the FT Weekend Festival at ft.com/festival and use the p...
Aug 14, 2025•10 min
The White House walks back expectations for Friday’s meeting between the US and Russian presidents, and Norway’s oil fund is pulling its money out of Israel. Plus, inflation stayed flat in the US in July, and storm-hit beach towns are struggling to shore up amid sand scarcity. Mentioned in this podcast: White House downplays expectations for Trump-Putin Alaska summit US inflation holds steady at 2.7% in July despite Trump’s tariffs Norway oil fund sells out of a fifth of Israeli firms amid fierc...
Aug 13, 2025•11 min
EU leaders will hold a call with US President Donald Trump ahead of his meeting with Russian leader Vladimir Putin, and the Mexican peso has emerged as an unlikely winner from Trump’s trade war. Plus, Trump has opened the door to Nvidia selling advanced AI chips to China, and the FT’s Kathrin Hille explains what’s next for Taiwan after the country’s failed recall vote. Mentioned in this podcast: EU leaders to hold call with Trump ahead of Putin meeting over Ukraine Peso soars as ‘carry trade’ re...
Aug 12, 2025•11 min
UK employers cut back hiring over labour and tax cost fears, and Ukraine and its European allies worry about US President Donald Trump’s summit with Russian President Vladimir Putin. Plus, HSBC is weighed down by woes in the Hong Kong commercial property market, and India’s huge IT sector is scrambling to counter the threat of artificial intelligence. Mentioned in this podcast: UK employers cut back hiring over labour and tax cost fears Donald Trump to meet Putin in Alaska as he signals Ukraine ...
Aug 11, 2025•11 min
Donald Trump has nominated Stephen Miran to fill a soon-to-be vacant seat on the Federal Reserve’s board of governors, and the Bank of England lowered rates by a quarter per cent in a close vote. Plus Europe’s weapons factories are expanding fast and US President Donald Trump threatens a 100 per cent tariff on chips excluding Apple. Mentioned in this podcast: https://www.ft.com/content/298bf95e-49ec-4d9f-8948-b7f72cf4ffdd BoE cuts rates with a hawkish shift in its outlook Europe builds for war a...
Aug 08, 2025•13 min
European companies are falling behind US counterparts and CoreWeave’s takeover of Core Scientific is facing some pushback. Plus, Boston Consulting Group helped create plans to relocate Gazans to Somalia, and the FT found that Iranian nuclear scientists made a covert visit to Russia last year. Mentioned in this podcast: European earnings lag behind US as trade war saps market revival CoreWeave’s $9bn takeover of Core Scientific faces revolt from top shareholders BCG consultants modelled relocatin...
Aug 07, 2025•12 min
US President Donald Trump plans on imposing new sanctions on Russia unless there is a ceasefire in Ukraine, and Palantir’s skyrocketing stock is raising concerns that it’s overvalued. Plus, OpenAI released a new “open-weight” model, and Russia’s banks are coming under scrutiny over bad loans. Mentioned in this podcast: Trump readies fresh sanctions against Russia’s shadow fleet Russia moves to contain concern over banks’ bad loan exposure Palantir’s valuation is a triumph of ‘number go up’ OpenA...
Aug 06, 2025•11 min
US President Donald Trump wants to raise tariffs on India and the CEO of Deutsche Bank approved a controversial trade he was later tasked with probing. Plus, Australia wants a port they sold to China back, and Tesla’s board gave chief executive Elon Musk $30bn worth of shares after threats from him to resign. Mentioned in this podcast: Donald Trump to raise tariffs on India over Russian oil purchases Deutsche Bank chief approved controversial trade he was later tasked with probing The remote Aus...
Aug 05, 2025•12 min
The FT’s US financial commentator joins to discuss how investors are responding to unsettling new economic data, and Germany’s biggest sports retailer is considering relocating some manufacturing to China. Plus, US President Donald Trump is using tariffs to target Brazil’s judiciary, and consumers are cutting back on luxury brands. Mentioned in this podcast: Dollar rebound fizzles after jobs data disappoints Germany’s biggest sports retailer considers moving production into China Lula seizes Tru...
Aug 04, 2025•11 min
This weekend, we're sharing an episode from our fellow FT podcast, Swamp Notes. The US president is angry with the chair of the Federal Reserve over interest rates. He’s applying a lot of pressure on Jay Powell to lower them or leave his job. The FT’s Claire Jones and Adam Posen, president of the Peterson Institute for International Economics, break down what will happen if Trump succeeds in either of those goals. Subscribe to Swamp Notes on Acast , Apple Podcasts , Spotify , Pocket Casts or whe...
Aug 02, 2025•22 min
Apple revenues jump on strong iPhone sales and rebound in China and Donald Trump has reimposed tariffs on dozens of trading partners. Plus, Samsung seals a multibillion-dollar chipmaking deal with Tesla, and Ukraine reverses a policy that would take away autonomy from anti-corruption agencies. Mentioned in this podcast: Apple revenues jump on strong iPhone sales and rebound in China Trump reimposes tariffs on dozens of countries Ukraine restores independence of anti-corruption agencies Samsung’s...
Aug 01, 2025•12 min
Meta’s shares jumped more than 10 per cent off the back of better than expected second-quarter earnings, and the Federal Reserve held rates steady despite calls to lower borrowing rates by US President Donald Trump. Plus, American copper prices fell after Trump exempted refined materials from a 50 per cent tariff on the metal, and HSBC profits declined by 29 per cent. Mentioned in this podcast: Meta shares jump on strong results as Zuckerberg sets out ‘superintelligence’ goals Fed holds rates st...
Jul 31, 2025•11 min
The potential US-China trade war truce depends on US President Donald Trump’s approval, and a UN-backed food security group says a famine is unfolding in Gaza. Plus, China’s AI expo gives the international community an alternative to American technology, and the IMF’s new global growth forecast reflects that the fall of the dollar has lessened the impact of Trump’s trade war. Mentioned in this podcast: US says extended trade war truce with Beijing hinges on Trump approval ‘Worst-case scenario’ o...
Jul 30, 2025•11 min
Bank of England governor Andrew Bailey and UK chancellor Rachel Reeves are at odds, and EU politicians are grumbling over the bloc’s trade deal with the US. Plus, the US economy is defying expectations and Bain & Co is to shut down its consulting business in South Africa after a corruption scandal. Mentioned in this podcast: Rachel Reeves and Andrew Bailey clash over Revolut meeting What have the US and EU agreed on trade ? Merz says trade deal will cause ‘considerable damage’ to German econ...
Jul 29, 2025•12 min
The European Union struck a deal to limit the rate of US tariffs, and public companies are filling their coffers with cryptocurrencies. Plus, the share of goods in total UK exports has fallen to a record low, and China is moving to fill the void left by the US at the United Nations. Mentioned in this podcast: US and EU strike trade deal, says Trump Companies load up on niche crypto tokens to boost share prices Trump left a power vacuum at the UN. China saw an opportunity The share of goods in to...
Jul 28, 2025•10 min
US President Donald Trump is set to visit the UK and Krispy Kreme and GoPro stocks rise after becoming meme stocks. Plus, the ECB keeps rates at 2% and how AI is affecting the job market for new-grads. Mentioned in this podcast: Keir Starmer to press Donald Trump over deal to cut tariffs on UK steel imports ECB holds rates steady at 2% Is AI killing graduate jobs? Meme stock mania returns as Krispy Kreme and GoPro shares soar FT Weekend Fest Promo code: FTPodcasts Today’s FT News Briefing was pr...
Jul 25, 2025•12 min
Tesla’s second-quarter profits fell 23 per cent as sales of its electric vehicles continued to slide, private equity firms made record use of a controversial tactic to cash out their clients this year, and McKinsey has stopped its China business from undertaking some generative artificial intelligence work. Plus, Taiwan will hold a recall election this weekend and the outcome could mean a lot for its relationship with China. Mentioned in this podcast: Elon Musk warns ‘rough quarters’ ahead for T...
Jul 24, 2025•11 min
US House Speaker Mike Johnson sent home Congress members early to avoid a vote on releasing files on Jeffery Epstein, Nigeria’s recalculated GDP reflects a 30 per cent growth of its economy, and US President Donald Trump’s tariffs have hit General Motors' profits. Plus, global pharma companies have spent a record amount on Chinese biotech this year and Coca-Cola is putting cane sugar back in Coke. Mentioned in this podcast: Mike Johnson shuts US House early to avoid Epstein vote Nigeria’s econom...
Jul 23, 2025•10 min
JPMorgan Chase explores lending against cryptocurrency, and the UK will have to pay in order to join the EU’s defence fund. Plus, UK chancellor Rachel Reeves blames regulation for lack of financial growth and a start-up in San Francisco might know how to create gold. Mentioned in this podcast: JPMorgan explores lending against clients’ cryptocurrency EU will make UK pay to join €150bn defence fund Will a return to risk-taking rouse animal spirits? Fusion energy start-up claims to have cracked al...
Jul 22, 2025•10 min
Japan’s ruling coalition lost its majority in the country’s upper house of parliament, and the European Union is trying to break its dependency on American tech. Plus, the London Stock Exchange Group is weighing whether to launch 24-hour trading, and US President Donald Trump’s tariffs have raised nearly $50bn in extra customs revenues. Mentioned in this podcast: Japan’s Ishiba loses majority in election blow Can Europe break free of American tech supremacy? London Stock Exchange Group considers...
Jul 21, 2025•11 min
Ukrainian President Volodymyr Zelenskyy is accused of authoritarianism after favoring loyalists in anti-corruption raids, and the Meta board settles a multibillion-dollar lawsuit over failing to prevent data breaches. Plus, FT columnist Ruchir Sharma explains why investors are going all in on Israel. Mentioned in this podcast: Volodymyr Zelenskyy accused of authoritarian slide after anti-corruption raids Meta board settles Delaware case over multibillion-dollar cost of data breaches The markets ...
Jul 18, 2025•11 min
Donald Trump asked lawmakers whether he should fire Federal Reserve chair Jay Powell, and Wall Street saw a surprise comeback in investment banking fees. Plus, the UK’s inflation rate rose higher than expected last month, and yields on Japan’s 10-year government debt jumped ahead of Sunday’s election. Mentioned in this podcast: Donald Trump asked lawmakers whether he should fire Fed’s Jay Powell Goldman Sachs profits jump 22% after investment banking gains UK inflation unexpectedly rises to 18-m...
Jul 17, 2025•11 min
US President Donald Trump sealed a trade deal with Indonesia and the UK had a secret plan to immigrate Afghans to Britain after a data leak. Plus, tariffs have finally hit US inflation, and climate change is driving the sale of catastrophe bonds. Mentioned in this podcast: Donald Trump announces trade deal with Indonesia Catastrophe bond sales hit record as insurers offload climate risks UK set up secret Afghan immigration scheme after data leak and gagged media US inflation reaches 2.7% as Trum...
Jul 16, 2025•11 min
The EU proposes to shift its budget to send billions to eastern European countries, and bitcoin hits a record high as US lawmakers are about to vote on cryptocurrency laws. Plus, chancellor Rachel Reeves is set to talk about the UK’s vision for the financial services sector, and Nissan’s hybrid technology launch in the US. Mentioned in this podcast: EU budget shake-up to shift billions to eastern states Bitcoin hits $120,000 milestone as US Congress readies for ‘crypto week’ Rachel Reeves to hai...
Jul 15, 2025•11 min
The EU has put trade retaliations against the US on hold, and US investment banking is set to extend its losing streak. Plus, the FT’s Eleni Varvitsioti explains how Greece recovered from economic disaster in the past decade, but still has work to do. Mentioned in this podcast: EU pauses trade retaliation against US after Trump’s 30% tariff threat Investment banking set to extend worst run in over a decade How Greece came back from the brink Today’s FT News Briefing was produced by Persis Love, ...
Jul 14, 2025•10 min
India is set to reach a record year in initial public offerings and Big Pharma is facing a wave of patent expiration dates. Plus, Meta goes to trial over who to hold accountable for corporate scandals. Mentioned in this podcast: India on track for record IPO year The looming ‘patent cliff’ facing Big Pharma Today’s FT News Briefing was produced by Sonja Hutson, Katya Kumcova, Henry Larson and Marc Filippino. Additional help from Kelly Garry, and Michael Lello. Our acting co-head of audio is Toph...
Jul 11, 2025•12 min
The UK and France have pledged for the first time to co-ordinate the use of their nuclear weapons, and the copper markets are reeling from US President Donald Trump’s threat to impose 50 per cent tariffs on the metal. Plus, Nvidia has hit a record market capitalisation at $4tn. Mentioned in this podcast: UK and France vow to co-ordinate nuclear deterrence for first time Global copper market weighs impact of Donald Trump tariff threat Nvidia becomes first company to reach $4tn in market value Sen...
Jul 10, 2025•7 min
EU negotiators are closing in on a trade deal with Donald Trump that would cement higher tariffs than those granted to the UK, and Boston Consulting Group’s chief executive said the group’s involvement with a postwar plan for Gaza had been “reputationally very damaging”. Plus, European Commission president Ursula von der Leyen dismissed the no-confidence motion against her in a speech. Mentioned in this podcast: Donald Trump deal to leave EU facing higher tariffs than UK BCG modelled plan to ‘re...
Jul 09, 2025•11 min
US President Donald Trump extended tariff deadlines, and Liechtenstein’s trust industry is in a crisis spurred by American sanctions against Russia. Plus, Shein filed for an initial public offering in Hong Kong, and Elon Musk is trying to save Tesla from Trump. Mentioned in this podcast: Donald Trump renews threat to hit trading partners with steep tariffs Liechtenstein hit by Russia-linked ‘zombie trust’ crisis Shein files for Hong Kong IPO to pressure UK to save London listing ‘Elon has finall...
Jul 08, 2025•11 min
