Moody’s Investors Service advised staff in China to work from home ahead of its cut to the outlook for the country’s sovereign credit rating, Palestinians in Gaza are running out of places to evacuate to, and oil prices have fallen to their lowest level in five months. Plus, the FT’s Christopher Miller explains what would happen on the ground in Ukraine if western aid dries up. Mentioned in this podcast: Moody’s advised staff to work from home ahead of China outlook cut Joe Biden says Repu...
Dec 07, 2023•10 min•Transcript available on Metacast Leading economists say the Federal Reserve will hold off on interest rate cuts until at least July 2024, and the US Supreme Court heard a case that could shut down Democrats’ attempts to impose a wealth tax. Plus, the FT’s Europe editor, Ben Hall, explains why Ukraine is cracking down on oligarchs and what it means for the country. Mentioned in this podcast: Economists see Fed keeping rates at 22-year high until at least July How the US Supreme Court could thwart a prospective ...
Dec 06, 2023•11 min•Transcript available on Metacast Hot Money is back with a brand new season. On the first episode of Hot Money: The New Narcos, a Dutch crime reporter makes an unbelievable discovery, and a small-town murder case begins to look like an international assassination plot. Subscribe to Hot Money: The New Narcos Hosted on Acast. See acast.com/privacy for more information....
Dec 05, 2023•29 min•Transcript available on Metacast The UK will make it harder for employers to hire overseas staff in an attempt to reduce record immigration by 300,000 a year, a Venezuelan referendum lays claim to two-thirds of neighbouring Guyana, and the White House says the US is set to run out of funds to aid Ukraine by the end of the year. Plus, we get a preview of the new Hot Money season, which dives into the European cocaine trade. Mentioned in this podcast: UK government unveils measures to cut immigration by 300,000 a year Venezuela s...
Dec 05, 2023•10 min•Transcript available on Metacast Israel has ordered Palestinians in Gaza to evacuate a large area of land in the south of the strip, South Korea has become a top 10 defence exporter since the start of the war in Ukraine, Prime Minister Narendra Modi’s Bharatiya Janata party has won a series of resounding victories in India’s state polls, and wealthy Argentines are moving to Uruguay to avoid high taxes. Mentioned in this podcast: Israel pounds southern Gaza after US warning on civilian deaths South Korean defence industry ...
Dec 04, 2023•11 min•Transcript available on Metacast Hot Money is back with a new season that begins with a mysterious murder in a small town and leads to a cocaine super cartel and a secret proxy war between democracies and dictatorships. Follow Hot Money: The New Narcos here. Hosted on Acast. See acast.com/privacy for more information....
Dec 01, 2023•3 min•Transcript available on Metacast Washington is aiming to halve Russia’s oil and gas revenues by the end of this decade, and markets turned things round and had a great November. Plus, the FT’s Nicholas Megaw explains how investors use AI to decode what executives say on earnings calls. Mentioned in this podcast: US aims to halve Russia’s energy revenues by 2030, says official Investors use AI to glean signals behind executives’ soothing words Markets in 2024: Investors bet on déjà vu all over again The FT News Briefing is...
Dec 01, 2023•12 min•Transcript available on Metacast Nato’s secretary-general is warning the west not to underestimate Russia, Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn, and an audio essay by the FT’s Najmeh Bozorgmehr explores Iranians’ complicated feelings about the Israel-Gaza conflict. Mentioned in this podcast: Russia has stockpiled missiles for winter attack on Ukraine, says Nato Cigna and Humana in deal talks to create US health insurance giant Why Nato’s reassurances to Ukra...
Nov 30, 2023•10 min•Transcript available on Metacast A record number of Chinese people have defaulted since the outbreak of the coronavirus pandemic, a court ruling in Germany has opened up a huge €60bn hole in the country’s budget, and the FT’s Christine Murray explains why Mexico is benefitting from companies rethinking their foreign investments. Mentioned in this podcast: Chinese people default in record numbers as economic crisis deepens ‘A house of cards’: court ruling leaves Olaf Scholz’s legacy in tatters The city where Mexico’s nearshoring...
Nov 29, 2023•11 min•Transcript available on Metacast Qatar said mediators had secured a deal to prolong the temporary truce between Israel and Hamas by two days, Chinese fast-fashion group, Shein, has filed confidential paperwork for an initial public offering with the US securities regulator, and Tesla CEO Elon Musk is experiencing a bit of culture shock as he fights against union action in Sweden. Plus, the value of rare whiskies sold at auction has recorded the steepest fall in a decade other than during the pandemic. Mentioned in this podcast:...
Nov 28, 2023•10 min•Transcript available on Metacast Turkey’s exports to Russia of goods vital for Moscow’s war machine have soared in 2023, and nations at this year’s COP28 summit will revisit a proposal to phase out fossil fuels. Plus, the FT’s Madhumita Murgia explains how one patient in need of a new liver exposed major flaws in the UK’s organ transplant system. Mentioned in this podcast: Future of fossil fuels leaves nations at odds ahead of UN climate summit Turkey’s exports of military-linked goods to Russia surge Algorithms are decid...
Nov 27, 2023•11 min•Transcript available on Metacast Voters in the Netherlands elect Geert Wilders; UK immigration numbers reach new high; Plus, senior Carlsberg executives are detained in Russia. Mentioned in this podcast: Net migration to the UK hit record 745,000 in 2022 Far-right Dutch victory puts European liberal democracy on defensive Ex-Carlsberg executives detained in Russia over fraud claims The FT News Briefing this week was produced by Kasia Broussalian, Sonja Hutson, Fiona Symon, Marc Filippino, Josh Gabert-Doyon and me, Persis Love. ...
Nov 24, 2023•12 min•Transcript available on Metacast Sam Altman returns and OpenAI board members are given the boot; US authorities foil a plot to kill Sikh separatist leader on US soil; plus, the UK’s Autumn Statement increases the tax burden. Mentioned in this podcast: US thwarted plot to kill Sikh separatist on American soil Hunt cuts national insurance but taxes head to postwar high OpenAI says Sam Altman to return as chief executive under new board The FT News Briefing is produced by Persis Love, Josh Gabert-Doyon and Edwin Lane. Additi...
Nov 23, 2023•11 min•Transcript available on Metacast Israel and Hamas have agreed a deal to release hostages, Dutch voters head to the polls today, and Binance chief executive Changpeng Zhao has resigned after pleading guilty to a US criminal charge. Plus, the FT’s George Hammond explains why Sam Altman has so many people rallying behind him after he was ousted from OpenAI. Mentioned in this podcast: Israel approves hostage deal with Hamas Dutch election shapes up as tight race to replace Mark Rutte Binance chief Changpeng Zhao pleads g...
Nov 22, 2023•11 min•Transcript available on Metacast A majority of OpenAI employees sent a letter demanding that the board reinstate former CEO Sam Altman, Argentina is entering a new era after electing radical libertarian outsider Javier Milei as president, and the US Department of Justice is seeking more than $4bn from Binance to settle a criminal fraud investigation. Plus, the FT’s Alec Russell unpacks Indonesian president Joko Widodo’s ambitious plan to build a new capital city and turn the country into an economic superpower. Mentioned ...
Nov 21, 2023•11 min•Transcript available on Metacast Radical libertarian economist, Javier Milei, has won Argentina’s presidential elections, investors are shaking up the venture capital market by raising money to buy out start-ups, and Bangladesh is struggling to keep the lights on after going all-in on liquefied natural gas. Mentioned in this podcast: Radical libertarian Javier Milei elected president of Argentina Investors shake up VC market by raising money to buy out start-ups Will Bangladesh come to regret its dash for gas? Altman appe...
Nov 20, 2023•10 min•Transcript available on Metacast Introducing Life and Art , a new podcast FT Weekend. Join host Lilah Raptopoulos for two episodes each week. On Mondays, they talk about life and how to live a good one. On Fridays, Lilah hosts a roundtable that will dive deep into a piece of culture that’s in the air right now. On this episode, Lilah’s joined by FT columnist Stephen Bush and assistant arts editor Rebecca Watson to talk about the new cringe-drama-comedy show, The Curse. They discuss the show and how prestige TV is changing comed...
Nov 18, 2023•26 min•Transcript available on Metacast More than half of low-income UK households with mortgages have fallen behind on one or more of their bills and Alibaba disappointed investors after announcing that it ditched plans to spin off its cloud business. Plus, the FT’s Stephen Foley talks about EY’s new leader Janet Truncale and how she might steer the accounting firm. Mentioned in this podcast: Alibaba ditches plans to spin off cloud business and list supermarket EY picks Janet Truncale as the first woman to lead a Big Four firm Low-in...
Nov 17, 2023•9 min•Transcript available on Metacast UK Prime Minister Rishi Sunak is attempting to save a plan to deport asylum seekers to Rwanda; an EU proposal will see Denmark enforcing the price cap on Russian oil by checking ships in the Baltic Sea; Plus, EY names a new CEO. Mentioned in this podcast: Sunak vows emergency legislation as Supreme Court rules against Rwanda policy EY picks Janet Truncale as first woman to lead Big Four firm Denmark could block Russian oil tankers from reaching markets This episode of FT News Briefing was produc...
Nov 16, 2023•10 min•Transcript available on Metacast Joe Biden and Xi Jinping will hold a high-profile summit in San Francisco today, US inflation fell more than expected to 3.2 per cent in October, and the war in Ukraine is doing serious damage to Russia’s labour market. Mentioned in this podcast: Biden and Xi meet in bid to stabilise relations between superpowers US stocks and bonds jump after inflation falls to 3.2% Russia’s war economy leaves businesses starved of labour AI outperforms conventional weather forecasting methods for first t...
Nov 15, 2023•10 min•Transcript available on Metacast Global investment banks have criticised a blanket ban on short selling imposed by South Korean regulators, UK Prime Minister Rishi Sunak stunned Westminster on Monday by restoring former PM David Cameron to the political frontline, and the FT’s Christopher Grimes explains what the future of Hollywood might look like after months of strikes. Mentioned in this podcast: Global banks criticise Korean short selling ban as ‘phantom farce’ David Cameron returns as UK foreign secretary after Suell...
Nov 14, 2023•11 min•Transcript available on Metacast The UK’s Takeover Panel has reported its first deficit in almost a decade, and oil prices have been cooling off at a pretty weird time. Plus, the FT’s Kate Duguid explains why a hack at China’s biggest bank put the US Treasury market on ice. Mentioned in this podcast: UK Takeover Panel falls victim to deal drought Wall Street and Beijing fight fallout of ransomware attack on China’s biggest bank I’m going to dip my fat fingers in oil (Opinion) Iceland declares state of emergency as i...
Nov 13, 2023•10 min•Transcript available on Metacast We’re bringing you a special live conversation from the FT’s Investing in America conference in Miami. Marc is joined on stage by FT US managing editor Peter Spiegel, FT energy reporter Amanda Chu, fDi Intelligence editor Jacopo Dettoni, and fDi managing director Chris Knight to discuss which city won the top spot on the FT’s ranking of best US cities for foreign investment. Hosted on Acast. See acast.com/privacy for more information....
Nov 11, 2023•19 min•Transcript available on Metacast Russia has added at least Rbs3.4tn ($37bn) to its budget for this year, the war between Israel and Hamas is starting to bite into Israel's economy, and Spain’s ruling Socialist party has sealed a contentious amnesty deal with Catalan separatists. Plus, Paris is rushing to make the river Seine clean enough for Olympic athletes to swim next summer. Mentioned in this podcast: Russia adds more than 3tn roubles to its budget ‘I’m not sure we’ve got a safety net’: Israeli businesses buckle as wa...
Nov 10, 2023•10 min•Transcript available on Metacast Introducing Life and Art, from FT Weekend. It's a new twice-weekly culture podcast from the Financial Times. On Monday, we talk about life, and how to live a good one, in a one-on-one conversation that explores everything from food and travel to philosophy and creativity. On Friday, we talk about “art” – in a chat show! Three FT journalists come together to discuss a new cultural release across film, TV, music and books. Hosted by Lilah Raptopoulos, together with the FT’s award-winning writers a...
Nov 09, 2023•1 min•Transcript available on Metacast Shares of UK chip designer Arm fell after its revenue forecast for the current quarter left Wall Street underwhelmed, the US’s top diplomat has provided Washington’s most detailed plan for the postwar future of Gaza, Portugal’s corruption scandal is spelling trouble for the government’s economic plans, and US President Joe Biden got some pretty conflicting news for his re-election campaign this week. Mentioned in this podcast: UK chip designer Arm’s shares fall after disappointing revenue foreca...
Nov 09, 2023•11 min•Transcript available on Metacast The IMF has warned rapid wage increases in eastern Europe risk eroding the region’s competitive edge, Israel’s prime minister Benjamin Netanyahu said the country will maintain indefinite control over Gaza, and Australia’s prime minister went to China this week in a dramatic turnround in relations between the two countries. Plus, economists are worried falling pork prices in China might tip the country back into deflation. Mentioned in this podcast: Soaring wage growth risks blunting eastern Euro...
Nov 08, 2023•9 min•Transcript available on Metacast WeWork filed for bankruptcy, PwC plans to cut up to 600 jobs in the UK, and the FT’s Peter Spiegel explains who won the distinction of the best US city for foreign investment. Mentioned in this podcast: WeWork files for bankruptcy amid office market downturn WeWork: boxed-in flexible space group seeks new lease of life PwC to cut up to 600 UK jobs as attrition rate plunges Houston overtakes Miami as best place for foreign businesses in annual FT-Nikkei ranking The FT News Briefing is produ...
Nov 07, 2023•11 min•Transcript available on Metacast Donald Trump testifies in New York today, Japan’s prime minister turns to stimulus to offset the pain of inflation, private equity is getting pummelled by higher interest rates, and Berkshire Hathaway reported a record amount of cash on hand. Mentioned in this podcast: Japan’s PM Fumio Kishida bets on $113bn stimulus to tackle inflation pain Private equity: higher rates start to pummel dealmakers Warren Buffett’s Berkshire Hathaway sells stocks as cash pile swells to record levels Donald Trump p...
Nov 06, 2023•11 min•Transcript available on Metacast Israeli troops have entered Gaza City, European private equity group CVC Capital Partners has postponed plans to float until next year, and central banks are hitting pause on interest rate rises while inflation stays strong. Mentioned in this podcast: Israeli army attempts to ‘encircle’ Gaza City as Joe Biden calls for pause in fighting CVC Capital Partners postpones plans for Amsterdam listing Central banks hold interest rates at a scary time BoE expected to leave rates unchanged as inflation r...
Nov 03, 2023•10 min•Transcript available on Metacast 
