FT News Briefing

The Bank of England is set to consider its biggest rate rise in more than 25 years, the EU and UK are easing up on Russian oil restrictions to keep gas prices from spiking, and some investors are getting back in the crypto market after a crash earlier this year. Plus, China is trying to come up with a $148bn bailout fund to help complete stalled property developments amid concerns about social unrest.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Bank of England considers biggest rate rise for more than 25 yearsWest eases oil restrictions as inflation and energy fears growCrypto prices rise as traders dip back into digital asset marketChina’s central bank seeks to mobilise $148bn bailout for real estate projectsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week, we hear about a new 'miracle' weight-loss drug called Wegovy. It has unprecedented clinical results and endorsements from celebrities such as Queen Latifah. But critics say it deals with the symptom but not the cause. Then, we’re joined by Lauren Indvik, the FT's fashion editor. She explains how to efficiently pinpoint your personal style, and build a wardrobe that saves money, time and carbon emissions. Plus, she answers listener questions.--------------Want to stay in touch? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: – Hannah Kuchler’s piece, ‘A new ‘miracle’ weight loss drug really works – raising huge questions’: https://on.ft.com/3vpSBQh  – Lauren Indvik’s dispatch from the Paris runway, ‘A return to decadence at Paris couture’: https://on.ft.com/3BoXNrl – Hannah Kuchler is on Twitter @hannahkuchler. Lauren is on Twitter @laureni.  —-----------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastWant to join us at the FT Weekend festival in London on September 3rd? Buy a ticket at ft.com/ftwf. And here’s a special £20 off promo code, specifically for FT Weekend listeners: FTWFxPodcast22--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US economy has shrunk for two consecutive quarters, many energy companies are posting record profits but French EDF recorded a record loss, and US markets are reacting unpredictably to tech earnings reports. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US economy shrinks for second consecutive quarterFrench energy group EDF records €5.3bn loss ahead of renationalisationFacebook parent Meta reports first decline in revenueSpotify adds more subscribers than forecast in second quarterGoogle parent Alphabet’s revenue growth falls to slowest pace in 2 yearsMicrosoft reassures investors with confident full-year forecastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US interest rates are going up by 0.75% for the second month in a row, the drama surrounding Elon Musk’s halted Twitter takeover debacle is hurting the social media company’s advertising business and employee morale, and European gas prices are rising as Russia cuts gas flows to the continent. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Fed raises rates by 0.75 points for second month in a rowTwitter ‘rudderless’ as Musk saga hurts advertising businessGas crisis raises recession risk for inflation-hit eurozone economyEuropean gas price rise accelerates as Russia cuts flowsAustralia’s oversupply of avocados forces farmers to look to Asia and UK for sales The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Walmart profit warnings shine a light on disparities in US consumer behaviour, the International Monetary Fund slashes its global growth forecast, and Argentines are scrambling to exchange their pesos for dollars on the black market. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Credit Suisse set to name Ulrich Körner as chief executiveWalmart issues profit warning as soaring inflation hits customersUS consumers are bending but not breaking as prices soar. Can it last?Argentines turn to black market dollars as crisis worsensThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US Big Tech companies are set to release quarterly earnings this week, German business confidence hits a two-year low, and French satellite operator Eutelsat has confirmed it is in discussions to acquire smaller British rival OneWeb in an all-share deal. Plus, cities are especially vulnerable to this summer’s record hot temperatures.  An early version of this podcast stated the UK left the European Space Agency when actually, the UK remains a full member of ESA which is a non-EU organisation. We regret the error and have removed it from the podcast.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Eutelsat shares tumble after confirming OneWeb deal talksGerman recession looms as business confidence slumps to two-year lowCan cities adapt to an era of extreme heat? The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The dollar’s surge to its highest level in 20 years is taking a toll on the corporate earnings of US companies with overseas operations, European bank earnings reports are expected to benefit from rising interest rates, and Ukraine’s Finance Minister Sergii Marchenko spoke to the FT about the challenges of managing his war-torn country’s finances.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Fed to implement second 0.75 point rate rise amid uncertainty over next stepsThe strong dollar wipes billions off US corporate earningsUkraine set to request delay in foreign debt repaymentsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week, we look at the dark side of professional tennis, where underpaid players are selling matches just to break even. Ranked around 200th in the world, a player named Nicolás Kicker was found guilty of match-fixing in 2018. His story reveals a lot of systemic problems within the sport. Then, we hear about the phenomenon of 'vice signalling' from columnist Stephen Bush. It’s similar to 'virtue signalling,' but instead of publicly gesturing towards altruism the vice signaller panders by promising cruelty. Think Donald Trump’s border wall, or Boris Johnson’s threats to deport asylum seekers to Rwanda.--------------Want to stay in touch? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: – William Ralston’s piece ‘The fixer, the cheat and the corruption crisis in global tennis’: https://on.ft.com/3v9nW9L – Nicolas Kicker fixing a match at the 2015 Barranquilla Challenger: ​​https://www.youtube.com/watch?v=vcF9hq668Ow – Stephen Bush’s piece ‘How ‘vice-signalling’ swallowed electoral politics’: https://on.ft.com/3BqNtzd   – Stephen Bush’s piece ‘Failed Rwanda asylum flight puts all of the UK on a rocky course’: https://on.ft.com/3BccmhW – Christopher Grimes’ column ‘Disney chief’s ‘Don’t Say Gay’ drama is a crisis of his own making’: https://on.ft.com/3IYQ98D —-------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastWant to join us at the FT Weekend festival in London on September 3rd? Buy a ticket at ft.com/ftwf. And here’s a special £20 off promo code, specifically for FT Weekend listeners: FTWFxPodcast22--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco. Hosted on Acast. See acast.com/privacy for more information.

Italian Prime Minister Mario Draghi resigns, the European Central Bank raises interest rates for the first time in more than a decade, Russia and Ukraine reach a deal to end a month-long grain blockade, and the FT’s Katie Martin explains why markets might rally when they see signs of a recession in corporate earnings reports. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Italy president calls snap elections after Draghi quits as PMDeal on table for release of millions of tonnes of grain from Ukraine portsECB raises rates for first time in more than a decadeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Tesla withstood disruption to China production and the high costs of scaling up new plants in Texas and Germany, Ukraine is getting some debt relief from western creditors, and Sri Lanka is just one of a number of developing economies facing growing pressure from soaring energy costs and a stronger US dollar. Plus Italian prime minister Mario Draghi’s government is on the brink of collapse, and Liz Truss will go head-to-head with Rishi Sunak in the race to become Britain’s next prime minister. Mentioned in this podcast: Tesla profits jump despite production disruptionsDraghi on brink after coalition partners withdraw backingUkraine secures preliminary deal to suspend debt repaymentsWhat Sri Lanka reveals about the risks in emerging marketsRishi Sunak to face Liz Truss in battle to become UK Prime MinisterThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Netflix loses 1mn subscribers, small and midsize venture capital firms in China are struggling to raise funds as foreign investors flee risk, and former Brazilian President Luiz Inácio Lula da Silva is running to be the country’s head of state again, in what could be an extraordinary political comeback. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Netflix loses 1mn subscribers but defections are fewer than feared‘Exponentially’ risky China leaves venture capital funds starved of cashFT interview: Brazil’s Lula on the prospects of an extraordinary comebackJudge grants Twitter fast-track trial to decide fate of $44bn Musk dealThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Japanese tech investor SoftBank has put on hold plans for an initial public offering of Arm because of the political turmoil in the UK, a luxury shoe brand popularised by Sex and the City has won a trademark lawsuit after more than two decades, and the FT’s Martin Wolf breaks down what the battle to become the next British prime minister means for the country’s economy. Mentioned in this podcast:SoftBank halts work on Arm’s London IPO following political turmoilTory leadership election tracker: Four candidates remain in race to be PMManolo Blahnik wins 22-year legal fight over China trademarkTwitter Space: Inside SCOTUS’ lurch to the right - and Justice Clarence Thomas. The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The leader of Sri Lanka’s biggest opposition party has urged the IMF to provide support to ease the country’s humanitarian crisis and cushion the blow of reforms, once high-flying financial technology companies are seeing their valuations crash to earth, and the FT’s Swamp Notes columnists Ed Luce and Rana Faroohar join Marc Filippino to talk about the changing economic geography of the US. Mentioned in this podcast:Sri Lanka opposition leader calls on IMF for ‘humane’ treatment, wants fresh electionsHalf a trillion dollars wiped from once high-flying fintechs Swamp Notes: The new geography of workThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week, Lilah talks to Martin Wolf about having the confidence to change your mind. Martin is our chief economics commentator and one of the most influential economics journalists in the world. He reflects on how he forms a worldview, and how his opinions have shifted over the past half-century. Then, we hear about the 'gentle parenting' craze on Instagram from Washington correspondent Courtney Weaver. There are no punishments, no bribes, and it encourages your child to have big feelings. But is it asking too much of parents?--------------We’re collecting your questions about feedback for an upcoming episode! Are you looking for advice on how to give or receive difficult feedback? Send your questions to us at [email protected]. Want to stay in touch? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: –Martin’s upcoming book is called The Crisis of Democratic Capitalism: https://www.penguin.co.uk/books/305263/the-crisis-of-democratic-capitalism-by-wolf-martin/9780241303412–Martin’s most recent column, ‘Inflation is a political challenge as well as an economic one’: https://on.ft.com/3ciWO1m–Martin’s economics book picks for the summer: https://on.ft.com/3yHzuSo –Courtney Weaver’s piece, ‘Inside gentle parenting’: https://on.ft.com/3APRpZS —-------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Italian prime minister Mario Draghi offered to resign, which caused problems for Italian stocks and for the euro. Plus, two of the biggest US banks had worse earnings reports than analysts expected. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Mario Draghi offers to resign as Italy’s prime ministerJPMorgan and Morgan Stanley profit miss casts pall over Wall StreetRising recession fears and broad shift into haven assets have boosted the greenbackThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US consumer prices rose more than forecast in June, hitting an annual pace of 9.1 per cent, and investors are shunning 20-year US government bonds. Plus, a clash of cultures and geostrategic interests sank a German-Chinese joint venture competing in the new space race.This episode states Canada raised its interest rates by a 'full basis point' when we mean 'full percentage point'. We regret the errorMentioned in this podcast:US inflation hit 9.1% in June putting further pressure on FedUkraine and Russia making progress on grain talks, says UNThe corporate feud over satellites that pitted the west against ChinaFT Live Event: Britain after Boris Johnson ft.com/afterjohnsonThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US president Joe Biden is set to meet with Saudi Crown Prince Mohammed bin Salman, the biggest US banks report earnings this week and are expected to show bumper profits from lending, and EU officials fear criminal groups are smuggling weapons out of Ukraine and on to Europe’s black markets. Mentioned in this podcast:US banks set for lending earnings boost as Fed lifts ratesJoe Biden seeks reset on Saudi Arabia as oil tensions flareNato and EU sound alarm over risk of Ukraine weapons smugglingFT Global Survey: www.ft.com/2022surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Former UK chancellor Rishi Sunak and foreign secretary Liz Truss have emerged as the favourites to replace prime minister Boris Johnson, and more details have been revealed in the murder of Japan’s former prime minister, Shinzo Abe. Plus, Nikkei Asia’s Marwaan Macan-Markar explains how Sri Lanka’s economic and political crises could foreshadow similar issues in other debt-ridden countries.  Mentioned in this podcast:Sunak to stand firm on taxes until he has ‘gripped inflation’Sri Lanka prime minister confirms besieged president Rajapaksa to resignKilling of Shinzo Abe shines spotlight on politicians’ links with MooniesDid you move to work remotely? Email [email protected] with your story. The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Twitter is mounting legal action against Elon Musk as he tries to terminate the deal to buy the social media company, black Americans’ higher exposure to cryptocurrencies has left them more vulnerable to the financial downturn, Cairo’s storied houseboats have been removed as part of bigger changes that many fear will destroy heritage and green space in the Egyptian capital.Mentioned in this podcast:Experts say Musk faces uphill battle for victory in Twitter legal fightTwitter hires Wachtell legal firm to sue Elon Musk for ending $44bn acquisitionCrypto collapse reverberates widely among black American investorsCairo houseboats adrift in storm over developmentThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week is our summer books and films spectacular, full of recommendations of things to read and watch. First, Lilah is joined by literary editors Fred Studemann and Laura Battle to explore the FT's Summer Books special. They suggest a range of light summer reads, sharp non-fiction, deep dives, thrillers and classics to take on your summer holiday, and talk trends in book publishing. Then, deputy arts editor Raphael Abraham recommends the top films to look out for this summer. After watching 24 films in less than a week at the Cannes film festival, he's filtered the new releases down to a must-see list.--------------Tell us about your own favourite new books and films! We’ll share them alongside the episode on our social platforms. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: Here’s Laura’s list of the best fiction summer reads: ​​https://on.ft.com/3AvtuPg. The whole summer books special is at http://ft.com/summerbooks.Books mentioned:–Audiobooks: Bad Actors by Mick Herron and Ulysses by James Joyce–Novels that span centuries: To Paradise by Hanya Yanagihara and Sea of Tranquility by Emily St John Mandel–Beach read: You Made a Fool of Death with your Beauty by Akwaeke Emezi–Fun non-fiction: Circus of Dreams by John Walsh–Empire books: Legacy of Violence by Caroline Elkin and In the Shadow of the Gods by Dominic Lieven–BRussian influence: Putin’s People by Catherine Belton and Butler to the World by Oliver Bullough–AI simulation: The Anomaly by Hervé Le TellierStories mentioned: –Marriage in all its divine tedium: https://on.ft.com/3KXOBfm–Edward Luce on whether America is headed for another civil war: https://on.ft.com/3yJ43az–Fred’s BookTok column: https://on.ft.com/3GEC5AdFilms to watch this summer, from Raph:–Aftersun: https://on.ft.com/3uUt9lJ–Nitram: https://on.ft.com/3auhgvs–Hit the Road–McEnroe–Three Thousand Years of Longing: https://on.ft.com/3nMshLK–Elvis: https://on.ft.com/3P1Uaeu—-------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The FT’s UK chief political commentator Robert Shrimsley and FT columnist Stephen Bush discuss what’s next for the country after Boris Johnson’s resignation. Plus, as the fears of recession grow, commodity prices are falling. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Boris Johnson bows to pressure and quits after days of turmoilTwitter Space: Boris Johnson has announced his resignation. So what’s next? Commodities slump as recession fears stamp out fierce rallyUnhedged newsletter The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Pressure mounts on UK prime minister Boris Johnson to resign, but the pound holds steady. Plus the Chinese government is pushing for more students to study Marxism. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Cabinet ministers call on Boris Johnson to quit as UK prime ministerPound traders look past UK political turmoilSupreme Court ruling casts doubt on powers of US regulatorsChina’s Marxism majors prosper amid labour market woesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Two high-profile UK ministers resigned on Tuesday, oil prices had its biggest one-day drop since March, and a Chinese electric car company outsold Tesla in the first half of the year. Plus, Chinese electric vehicle battery companies are on a fundraising blitz. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Boris Johnson on the brink after chancellor and health secretary quit UK cabinetWarren Buffett-backed Chinese group BYD overtakes Tesla in global electric vehicle salesChina taps markets for $10bn to cement clean tech supremacyChurch of England taps debt markets with ‘Cranmer’ bondsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

European power prices hit record high as Russia curtails gas supplies, foreign investors have dumped a record $33bn of Indian shares since October, and the FT’s chief economics commentator Martin Wolf discusses the global economy.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:European power prices hit record high as Russia curtail gas suppliesForeign investors dump record $33bn of Indian stocks since OctoberPolicy errors of the 1970s echo in our times The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week, we return to one of our favourite episodes, to ask the question: what does it mean to defy death? Rock climber Leo Houlding tells us about his terrifying family holidays, scaling vertical cliff-faces with his two young kids. We also explore radical life extension with science writer Anjana Ahuja. How close are we scientifically to extending the human lifespan to 150 or 200? What are the implications when we get there? And do we really want to live forever? Links from the episode: — Leo Houlding’s extreme family holiday in Wyoming’s wild west: https://www.ft.com/content/0bcba30a-bb46-4bc1-8a7d-9166dc43a5e8  — Anjana Ahuja on whether we can live forever: https://www.ft.com/content/60d9271c-ae0a-4d44-8b11-956cd2e484a9 — Inside the life extension market, with Tiffanie Darke: https://www.ft.com/content/867e647b-c0e8-4aeb-9777-fedff7ec3476 Want to say hi? Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. If you want a great discount on an FT subscription or a $1/£1/€1 month-long trial, we’ve got you: http://ft.com/weekendpodcast Mixing and sound design by Breen Turner, with original music by Metaphor music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US Supreme Court cut back the Environmental Protection Agency’s ability to regulate greenhouse gas emissions, US stocks lost $9 trillion in the first half of 2022, and frustration with China’s zero-Covid policy is pushing its middle class to try to leave the country. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US Supreme Court curbs EPA’s power to regulate greenhouse gas emissionsUS stocks on course for worst first-half slump in more than 50 yearsCovid in China: Xi’s fraying relationship with the middle classThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Chinese stocks are set for their largest monthly rise since 2020, Meta frustrates app developers by charging for VR apps, and Revlon’s bankruptcy filing sheds light on what it takes to stay relevant in the beauty industry. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Chinese stocks set for largest monthly rise since 2020Meta sparks anger by charging for VR appsHow the beauty industry left Revlon behindStatutory inquiry into Captain Tom charity launchedThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A former White House aide testified that former President Donald Trump tried to commandeer his limousine on January 6, an independent report advises the UK to suspend use of live facial recognition over privacy concerns, and environmentalists are concerned about the impact of global timber trade disruption. Plus, access to mail-order abortion pills is shaping up to be the next legal battleground.  Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:UK should immediately ban use of live facial recognition, warns report Ukraine war hits global timber trade and adds to risks for forestsAbortion pills in demand after reversal of Roe vs Wade The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Russia is on course to default on its debt for the first time since 1998, and Credit Suisse has become the first domestic bank to be found guilty of a corporate crime after a court found the lender failed to stop the laundering of Bulgarian drug money. UK travel chaos could widen this summer as travel unions threaten strike activity. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Russia set for first debt default since 1998 as payment deadline passesCredit Suisse found guilty over Bulgarian drug money failingsIs Britain headed for a summer of strikes?US company spending on private jets for personal use hits 10-year highThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

 Nato is to agree an overhaul of its battle plans to offer better protection to the alliance’s eastern flank, and there is some debate on how to soften the economic blow of the UK leaving the European Union. Plus, a listener wants to know: Is the UK justified in spending more on science and tech education and less on the arts? Mentioned in this podcast:Nato to agree overhaul to bolster Baltic defences against Russian threatThe deafening silence over Brexit’s economic falloutA tale of two cultures: must Britain choose between science and the arts?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week we speak with Michael R. Jackson, playwright of A Strange Loop, which just won the Tony award for Best Musical and Best Book. Jackson is a queer, black writer whose musical is about a queer, black writer writing a musical about a queer, black writer.. Hence the strange, but incredibly entertaining loop. Then, we learn about the dark side of Copenhagen's world-famous fine dining restaurant scene from Imogen West-Knights. Denmark seems to be turning a blind eye to abuses in its hottest – and extremely lucrative – hospitality industry.  --------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Imogen’s article ‘Fine dining faces its dark truths in Copenhagen’: https://on.ft.com/3NlO6Mq .  – Lilah’s article ‘How far does a chef have to go to be truly good?’: https://www.ft.com/content/246cdc2a-f135-4d3d-9d74-e524e9217699. – Michael’s musical A Strange Loop is on Broadway at the Lyceum Theatre.– Imogen is on Twitter @ImogenWK, and Michael is @TheLivingMJ.—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. --------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The EU recognizes Ukraine as an official candidate for membership, Russian businessmen look to work with Iran to skirt US sanctions, and the FT’s Hot Money podcast reveals Visa and Mastercard are the secret regulators of the porn industry. Plus, the US bans Juul e-cigarettes from being sold. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EU leaders formally agree to grant Ukraine candidate member statusSanctions-hit Russian businessmen seek tips from IranPornhub owner MindGeek loses top two executivesSubscribe to the Hot Money podcastEU press conference audio courtesy of the European CouncilThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

 US stocks stay fairly flat after Fed Chair Jerome Powell testifies in Congress, a Ukrainian-made drone hits an oil refinery in Russia, and the International Energy Agency says investing $25 billion annually could lead to universal electricity access in Africa by the end of the decade. Mentioned in this podcast:Jay Powell warns US recession is ‘certainly a possibility’‘Kamikaze’ drone strike hits oil refinery in southern RussiaAfrica needs $25bn a year of investment to boost energy provision, says IEA chiefThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

 The S&P 500 rose by 2.4% on Tuesday, Russia is threatening Lithuania over enforcing EU sanctions, and the global food shortage reignites the debate on using crops for biofuel. Plus, Kellogg is Read a transcript of this episode on FT.com off into three separate companies. Mentioned in this podcast: S&P 500 bounces 2.4% after sharp weekly declineRussia warns Lithuania of serious consequences over Kaliningrad rail ‘blockade’Food vs fuel: Ukraine war sharpens debate on use of crops for energyKellogg’s to split into three separate food businessesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

China is the leader in initial public offering fundraising this year, Jeff Bezos’s superyacht ignites a debate about who cities are for, and New Zealand’s housing market could hold some clues for what to expect in countries starting to raise their interest rates. Mentioned in this podcast:China IPO fundraising doubles US total to top global ranksJeff Bezos vs the bridge: Rotterdam’s dilemma over billionaire’s superyachtNew Zealand’s housing price boom cools as rate rises biteThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Passively managed index funds have overtaken actively managed funds’ ownership of the US stock market for the first time and Brazil is cracking down on fake news on social media sites in the run-up to this October’s election. Plus, the FT’s Patrick McGee interviewed the chief executive of Epic games about his ambitions for the metaverse. Mentioned in this podcast:Passive fund ownership of US stocks overtakes active for first timeSocial media platforms crack down on fake news ahead of Brazil electionTim Sweeney: Epic will fight Apple and Google to keep the metaverse openTravis Scott concert audio courtesy of Travis Scott YouTube channel The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Last month, Andy Warhol's "Shot Sage Blue Marilyn" sold for $195mn, making it the second most expensive piece of art to sell at auction, ever. And as prices keep going up, the art market — auction houses, gallerists, dealers, collectors — want to keep it that way. On the heels of a ‘stonking’ art season, we invite two heavy hitters into the studio to walk us through it: arts editor Jan Dalley and art market columnist Melanie Gerlis. Then, Christie's head of 20th- and 21st-century art, Alex Rotter, pulls back the curtain on these record-breaking sales. --------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Melanie’s article ‘Art Basel’s Swiss fair defies gloomy economy with soaring sales’: https://on.ft.com/3QtSagn – Melanie’s auction season roundup: https://on.ft.com/38jn363 – Columnist John Gapper on how ‘The art market cannot get enough Andy Warhol Marilyns’: https://on.ft.com/3O3GeAm – Jan’s most recent art column, on whether we should send art back to Russia: https://on.ft.com/3OeLzF2 – Robert Armstrong’s profile of Larry Gagosian: https://on.ft.com/3IfT0sD – Melanie’s books are called The Art Fair Story and Art as an Investment? – Melanie is on Twitter @mgerlis, and Alex is on Instagram @rottweilernyc.—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. --------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Stocks fall following rate rises in the US, UK and Switzerland and Russia restricts gas flow to Germany, and Covid hospitalisations are up in Europe.  Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Wall Street stocks tumble as UK and Switzerland follow Fed with rate risesGermans told to conserve energy as Russia cuts gas flows to EuropeCovid hospitalisations rise in Europe as sub-variants fuel new waveThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve raised its benchmark policy rate by 0.75 percentage points for the first time since November 1994, and the European Central Bank says it will speed up work on a new policy tool to counter surging borrowing costs. Plus, billionaire investor Ray Dalio talks about the connections he's found between the rise and fall of markets and the rise and fall of nations.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Fed raises rates by the most in decades to tame scorching inflationECB to design new bond-buying plan to tackle market turmoilThe Rachman Review with Ray Dalio The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The World Trade Organization is facing a credibility crisis during its first meeting since 2017, the increased value of the US dollar is hurting American companies, and Ukraine lays out a weapons shopping list ahead of its meeting with western defence ministers today.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:The WTO’s lonely struggle to defend global tradeRise in dollar to 20-year high costs US companies billions in earnings Military briefing: which weapons has Ukraine received and how many more does it need?Apple scores deal for Major League Soccer streaming rights worth $2.5bnThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US stocks dipped into bear market territory, two major cryptocurrency players blocked withdrawals, and British prime minister Boris Johnson published legislation to make sweeping changes to trading rules for Northern Ireland. Plus, hundreds of Japanese companies have left Tokyo for the countryside —  will it have a lasting effect?Note: We wanted to apologize to our listeners for not publishing a show on Monday, June 13. This was due to a technical error.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US stocks trade in bear market territory as sell-off acceleratesBitcoin tumbles after crypto lender Celsius blocks all redemptionsWhat does Northern Ireland protocol bill do and why is it contentious?The great Tokyo exodusThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week, we explore new scientific research behind: pigs! They have far more sentience and complexity than we give them credit for. Chief features writer Henry Mance joins to discuss how pigs and other animals think and feel, and the bigger questions around how we farm and eat them. Then, we look at a New York City architectural phenomenon: skinnyscrapers. Architecture critic Edwin Heathcote tells us about these new, super-thin towers that shoot up more than a quarter of a mile into the sky. How does a city’s architecture reflect its identity?--------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Henry Mance’s article: ‘What cutting-edge science tells us about pigs’: https://on.ft.com/3MEe6Cz  – Henry’s book is called How To Love Animals: In A Human-Shaped World– Edwin Heathcote on 111 W 57th and Manhattan’s skinnyscrapers: https://on.ft.com/3aMIehZ – Henry Mance is on Twitter @henrymance, and Edwin is at @edwinheathcote.—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. --------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US consumer prices are set to have registered another large monthly advance, the European Central Bank has paved the way for a series of rate rises, and China is offering coronavirus vaccine insurance in an effort to win over sceptics and boost the vaccination rate. Mentioned in this podcast:ECB plans quarter-percentage point rate rise in July as ultra-loose policy endsChina offers Covid vaccine insurance to win over jab scepticsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The chair of the US Securities and Exchange Commission has outlined plans to overhaul what he described as an “uneven” and unfair US equity market; pain in the US municipal debt market has started to subside after the worst start to the year in four decades. Plus, the FT’s Patricia Nilsson chats with Marc about the new FT podcast she co-hosts with global media editor Alex Barker, called “Hot Money: Porn, power and profit”. Subscribe to the FT News Briefing oan Apple Podcasts or SpotifyMentioned in this podcast:SEC chief launches review of ‘uneven’ US equities marketBleeding stops in US muni bonds as investors seek slowdown protectionFT Podcast: Hot MoneyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Ukrainian president Volodymyr Zelenskyy said a stalemate in the war with Russia was ‘not an option’, and the London Metal Exchange has been hit by two lawsuits over the nickel short squeeze fiasco in March. Plus, the FT’s Rana Foroohar and Ed Luce talk about how Democrats and US president Joe Biden can change the narrative on the economy as midterm elections approach. Mentioned in this podcast:Ukraine’s Zelensky says stalemate with Russia ‘not an option’LME hit by $450mn lawsuit from Elliott Management over nickel market chaosSign up for the Swamp Notes newsletter here The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. Th e FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Boris Johnson on Monday night survived a bruising no-confidence vote, and Elon Musk’s legal team has written to Twitter threatening to abort his $44bn acquisition. Plus, the FT’s Kiran Stacey reports on Big Techs’ big fight against an effort by US lawmakers to halt the practice of “self-preferencing”. Mentioned in this podcast:Weakened Johnson scrapes through after damaging confidence voteElon Musk threatens to abandon $44bn Twitter takeoverBig Tech pulls out all the stops to halt ‘self-preferencing’ antitrust billThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

ECB governing council members are expected to support a proposal to create a new bond-buying programme if needed to counter borrowing costs for member states spiralling out of control, and in the US more investors are rebelling against high executive pay at leading companies and some are targeting individual board directors, while rightwing populists and industry sceptics mount a backlash against what they call “woke capitalism.” Mentioned in this podcast:ECB to firm up plans to ward off bond market stressUS investors rebel against high executive payThe war on ‘woke capitalism’The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Behind the Money, our in-depth business podcast, has just relaunched! We wanted to share one of our most recent episodes. Follow the show on Apple Podcasts, Spotify, Stitcher or Acast.On this episode, we’re diving back into the world of stablecoins for part 2 of 2 in our miniseries on crypto. This time, it’s a story filled with troubled companies and a real life fire that sends a business up in smoke. With the help of FT reporters Kadhim Shubber and Siddharth Venkataramakrishnan, we dig into the professional histories of two executives who sit atop two of crypto’s most important businesses: stablecoin issuer Tether and exchange Bitfinex. Clips courtesy CSPANFor further reading: Tether’s CEO: from IT sales to calling the shots in crypto landTether: the former plastic surgeon behind the crypto reserve currencyThe week that shook cryptoOn Twitter, follow FT reporters Kadhim Shubber (@Kadhim), Siddharth Venkataramakrishnan (@SVR13) and Ethan Wu (@EthanYWu) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This weekend, we're marking the Queen's Platinum Jubilee with a spirited discussion on what’s next for the Windsors. Tina Brown, author The Palace Papers, speaks with historian Simon Schama and HTSI editor Jo Ellison about the state of the royal family. As Britain celebrates 70 years of Elizabeth II on the crown, what will the royal family look like over the next decade? We bring you this conversation from the recent US FT Weekend festival stage.--------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – FT interview with Tina Brown, by Andrew Edgecliffe-Johnson: ‘Nobody is remotely real around royals’ https://on.ft.com/3v19UqW – Tina’s new book is called The Palace Papers: Inside the House of Windsor--the Truth and the Turmoil– Jo is on Twitter @jellison and Instagram @jellison22. Tina is On Twitter @TinaBrownLM. Simon is on Twitter @simon_schama.– You can watch the full interview with Tina, Jo and Simon by buying an on-demand pass to the FT Weekend festival: https://usftweekendfestival.live.ft.com/page/2064102/program  A few more great FT Weekend pieces on the Jubilee:– Simon Okotie: ‘Why, after all, I will celebrate the Jubilee’ https://on.ft.com/3xfTj3I – Sarfraz Manzoor: ‘A constant Queen for a changing realm’ https://on.ft.com/3zhkooK – Nilanjana Roy: ‘Elizabeth in India: the steel beneath the hats’ https://on.ft.com/38L5P1G —-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. If you have an iPhone and want to try FT Edit (eight pieces of journalism a day, handpicked by senior editors, for much less than an FT subscription), search ‘FT Edit’ in the App Store.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Global investors are returning to China’s stock markets after a widespread sell-off earlier this year, and Opec and its allies on Thursday agreed to accelerate oil production in July and August. Plus, the FT’s David Pilling explains whether African countries can move away from fossil fuels and toward greener economies. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Investors return to Chinese stocks after Covid and geopolitics triggered sharp sell-offOpec agrees to accelerate oil production following US pressureCan Africa grow without fossil fuels?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.