FT News Briefing

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7be2e128-c34c-45fb-991a-1d6f16ba3cd9The US Federal Reserve has adopted new rules banning its policymakers and senior staff from buying individual shares and a number of other investments; Donald Trump announced plans to launch a media technology business that is set to go public after it merged with a Spac on Thursday. Plus, Turkey’s central bank has defied warnings from the business world and opposition parties by slashing its main interest rate despite rising inflation and an ailing currency; short-seller Hindenburg Research has set its sights on Tether and launched a $1m “bounty” programme for information on the stablecoin company at the centre of the global cryptocurrency market. US Federal Reserve bans officials from trading shares in wake of scandalhttps://www.ft.com/content/0b99a7a9-21be-4e67-a135-14bba49d6216Trump to launch social media platform to compete with Twitter and Facebookhttps://www.ft.com/content/0c989fd1-2e1a-4509-a478-02bb494f40deTurkish lira tumbles as central bank slashes interest ratehttps://www.ft.com/content/53d3e970-c71e-42d5-b38b-6e8ca2d32c35Short-seller Hindenburg sets $1m ‘bounty’ for details on Tether’s reserveshttps://www.ft.com/content/5b62d83d-c5f0-4586-b68c-b6facaba83a4The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and MichaelBruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9c52937f-8f75-4d9d-8a62-8479a818ef45The ECB is pushing banks to add hundreds of extra staff and billions of extra capital to their post-Brexit operations, and Turkey could be ‘grey-listed’ today by a global financial watchdog. Plus, the FT’s Middle East editor, Andrew England, explains that Saudi Arabia is turning to women to boost employment. VOTE: The FT News Briefing has been nominated for the Lovie Awards news & politics podcast category!  https://vote.lovieawards.com/PublicVoting#/2021/podcasts/general-series/news-politicsECB pushes banks to beef up their post-Brexit planshttps://www.ft.com/content/39591ec1-98ca-4b47-9aa7-2cb184127d9fTurkey faces threat of ‘grey-listing’ by global finance watchdoghttps://www.ft.com/content/74ff270e-6f1d-489f-802b-cd9b36c86fa3Saudi attitudes to women in the workplace change as job market gets kickstarthttps://www.ft.com/content/55ec5e7a-a520-4969-ab90-f5b528c6c3f9The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/a263a468-2f91-490c-896c-a232866afb4eChina has told McDonald’s to expand a digital renminbi payments system at restaurants across the country before the Beijing Winter Olympics; and about a quarter of all US infrastructure is at risk of serious flooding, which could hit prices in the $4tn municipal bond market. Plus, the FT’s Sam Jones discusses the scandal that led to the spectacular downfall of former Austrian chancellor Sebastian Kurz and what could be next for the country. VOTE: The FT News Briefing has been nominated for the Lovie Awards news & politics podcast category!  https://vote.lovieawards.com/PublicVoting#/2021/podcasts/general-series/news-politicsBeijing presses McDonald's to expand e-currency system before Olympicshttps://www.ft.com/content/1f4274f4-b914-4534-89c0-62b9b7763f2bFlooding could leave billions of US municipal debt under waterhttps://www.ft.com/content/da0ac736-7c38-4f93-baaf-e315a51faf22Rise and fall: the scandal that toppled Austria’s Sebastian Kurzhttps://www.ft.com/content/fc574b47-195c-4e7f-a442-12b6c8f0c97dWeWork to make belated arrival on stock market after Spac mergerhttps://www.ft.com/content/258121b8-299e-4993-91d9-cb2a18d387f4The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/ad0b0068-1100-49b9-bc88-2055e1936efcA bitcoin-linked ETF is on track to debut on the New York Stock Exchange on Tuesday, marking the first time regular investors will be able to gain exposure to cryptocurrencies through a big Wall Street bourse; China’s hypersonic missile test stuns the US military and intelligence community; and the FT’s Tokyo bureau chief, Kana Inagaki, spoke to Japan’s minister for economic security about the country’s new semiconductor strategy. Bitcoin exchange traded funds prepare for US debuthttps://www.ft.com/content/d7601039-e98e-47c8-97af-79f96c2c3d94China tests new space capability with hypersonic missilehttps://www.ft.com/content/ba0a3cde-719b-4040-93cb-a486e1f843fbJapan plans long-term strategy to build semiconductor resiliencehttps://www.ft.com/content/f59173b6-211c-4446-aa57-5c9b78d602c2The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/2d52df0d-ba41-45e3-9a0f-bb72a22f7d7cThe rising cost of fuel is threatening airlines’ recovery from the pandemic. Plus, a listener asked us if economic growth is tied to population growth. The FT’s statistical journalist, Federica Cocco, has been exploring this very question and says the answer is more complex than it may seem. Fuel price spike threatens airlines’ recovery from pandemichttps://www.ft.com/content/cb53e204-362d-4dd1-b84d-9e697b92e692Do you have a financial or economic question you want us to answer? Email Marc at [email protected]. The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/50168b7b-c72d-4443-965f-4a26d79f6a40Fumio Kishida talks to the FT in his first interview as Japan’s new prime minister, an academic paper suggests that entry into the S&P 500 could be influenced by whether companies buy other services from the index’s parent company S&P Global. Plus, the FT’s Pilita Clark explains that Ted Lasso has been a surprise hit on the networking site LinkedIn because of the leadership lessons in the comedy series.Prime minister Fumio Kishida pledges to steer Japan away from Abenomicshttps://www.ft.com/content/ffa6754f-3c12-4729-921d-aa2acc5e96eeEntry into S&P 500 could be influenced by ratings sales, research suggestshttps://www.ft.com/content/bf66d606-b2a2-4f79-a93e-908e7bb9425aTed Lasso’s leadership lessonshttps://www.ft.com/content/238bca26-c48e-4d36-b00a-6e30eee28250The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/d8781394-95a8-4411-9f19-69ddbb7e3200UK ministers trying to fund the government’s ‘levelling up’ agenda are looking to relax rules shielding tens of millions of retirement savers from high charges, Latin American tech start-ups are attracting more investment than south-east Asia. Plus, the FT’s business columnist, Helen Thomas, explains why women entrepreneurs are locked out of venture capital circles that are dominated by men.  Pension savers face risk of higher fees as Sunak seeks billions for ‘levelling up’https://www.ft.com/content/a8cad0f1-fd85-40ed-aa19-e71728f10825How Latin America became tech’s next big frontier - with Michael Stott https://www.ft.com/content/5440b1cf-3523-4a4d-96bc-07a2c2132069Start-up finance is a closed shop for women - with Helen Thomas https://www.ft.com/content/60caa57e-d40d-4d6f-974a-1d14a3798d27China/inflation: soy sauce price rise serves up global warninghttps://www.ft.com/content/9f8f6fea-467e-4bd8-aad2-77baf831dbddThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9a0a8048-a6e1-4557-8b0a-37fb5bf67e84The global economy is entering a phase of inflationary risk, the IMF warned on Tuesday, as it called on central banks to be “very, very vigilant” and take early action to tighten monetary policy should price pressures prove persistent; resurgent consumer demand in the US is feeding hopes of a strong holiday shopping season but that demand is further straining supply chains and many large retailers are stocking up on merchandise much earlier than usual; and a huge solar array on Colorado’s southern High Plains will officially launch this week, giving green energy proponents a new beacon for their cause.IMF warns of need to be ‘very, very vigilant’ over rising inflation risks - with Colby Smith https://www.ft.com/content/f73d584f-fb2a-4a2f-ab8a-fa759031fa59Georgieva keeps job but close decision leaves cloud over IMF - with Colby Smith https://www.ft.com/content/f0db92e6-38f4-44e6-ba54-831b8b526dcfUS Christmas retail crush comes early as supply chains buckle - with Andrew Edgecliffe-Johnson https://www.ft.com/content/600b73e9-df2b-4748-8201-6ae8bb1213bfSolar-powered steel mill blazes trail for green energy transition - with Derek Brower https://www.ft.com/content/f6693948-2c3d-4508-96cf-c374ef0fa6adThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/ee0421e8-e101-4b0b-811e-0125c6be2449Henry Kravis and George Roberts stepped down from KKR on Monday after nearly half a century in charge of one of the most formidable financial enterprises that Wall Street has ever known, the price of US crude oil hit a fresh seven-year high on Monday on fears that fuel demand was recovering faster from last year’s economic slowdown than producers could bring supply to the market, and Elon Musk hopes that Space X’s Starship will help take humans to Mars while rivals fear it will dominate US deep space exploration.US oil benchmark hits another seven-year high amid supply fearshttps://www.ft.com/content/fbd93abc-beae-49b1-a9dc-b648aaccdb55Henry Kravis and George Roberts step down as KKR chiefs - with Antoine Garahttps://www.ft.com/content/242ff7f2-4f31-4fc1-9f73-fe5db25260a1SpaceX: how Elon Musk’s new rocket could transform the space race - with Richard Waters https://www.ft.com/content/25e2292b-a910-41c8-9c55-09096895f673Three economists share Nobel Prize for pioneering ‘natural experiments’ https://www.ft.com/content/529519b0-d799-4217-9aa6-975db28ab478The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/4ce62a29-5401-4fa1-8af4-20e892e50fe8Divisions between the US and Europe over whether Kristalina Georgieva should remain in her post as IMF chief are set to overshadow the fund’s flagship annual meetings this week, and the Chinese company BYD is one of the world’s biggest electric vehicles battery makers and also makes its own EVs which it hopes to market globally; and our Science Editor, Clive Cookson, talks about new research into personalised treatments for depression using electrical brain implants, or neural electronics, that also could be used for other conditions.Divisions over Georgieva’s fate to overshadow IMF annual meeting - with Colby Smith https://www.ft.com/content/a0cfb7d5-ad32-4aa1-9e08-952accde5b44Battery technology gives China an opening in electric vehicles - with Henry Sanderson https://www.ft.com/content/fcbc860b-51cd-40d8-b65f-db97ce9adc57Electrical brain implants: a new way to treat depression? - with Clive Cookson https://www.ft.com/content/b255322b-eb91-4898-aa79-e29d51794b73The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

The story of how a tiny, unknown hedge fund took on a giant of corporate America over climate change - and won. Charlie Penner of Engine No 1 talks about the very public proxy campaign he launched against Exxon Mobil, forcing the oil major to prepare for a future free of fossil fuels. In the third episode of our special five-part series on sustainable or ESG investing, produced in partnership with the FT’s Moral Money team, Derek Brower, US energy editor, and Attracta Mooney, the FT’s investment correspondent, reflect on whether the battle between Engine No 1 and Exxon marks the beginning of a new kind of activist investor.Engine No 1, the giant-killing hedge fund, has big plansDWS probes spark fears of greenwashing claims across investment industryCheck out stories and up-to-the-minute news from the Moral Money team here. Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesgReview clips: The Sun, Channel 4 News, Euronews, PBS Newshour, GMA, CNN, CNBC, ExxonMobil Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/fca004be-9f93-4681-bdd1-931ba5c2f50fIreland has finally abandoned its cherished 12.5 per cent corporate tax rate and signed up to a minimum 15 per cent global rate that will cost the country about €2bn in lost revenues; it was a volatile week for energy markets; and stagflation has returned as a risk for investors and cast a shadow over the recovery from the Covid-19 pandemic. Plus, the FT’s deputy head of Lex, Elaine Moore, digs into the allegation that Facebook presents misleading user numbers. Stagflation risk returns for investors as gas prices surgehttps://www.ft.com/content/1e68148c-7f61-4bb4-af68-aa2c7d898111OECD close to final global compact on corporate taxhttps://www.ft.com/content/3e3e6a7d-67d5-437d-a7b2-29c52ce9c78fIreland signs up to global corporate tax dealhttps://www.ft.com/content/2a2f69aa-f61a-4f4e-934f-293665019229Facebook: whistleblower allegations of misleading audience size should be taken seriouslyhttps://www.ft.com/content/3efd0b49-0dc3-41c5-b4b5-1f553d7bbc23The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/411bb70a-8fe9-41ef-bd58-e4798b12c2a2Vladimir Putin hinted that Russia’s state-backed monopoly pipeline exporter, Gazprom, may increase supplies to help Europe avoid a full-blown energy crisis, and US energy secretary Jennifer Granholm has raised the prospect of releasing crude oil from the government’s strategic petroleum reserve as the Biden administration confronts a politically perilous surge in the price of gasoline; General Motors plans to double its revenues by 2030 as the company steers towards electric vehicles, and the latest data leak detailing the financial affairs of the global elite makes clear how much progress has been made since the world began clamping down in earnest in 2008 — and how much remains to be done.Gas markets whipsaw after Russia offers to stabilise energy priceshttps://www.ft.com/content/e06c3b5d-153d-4c86-8c49-0d5447d58e76General Motors aims to double sales by 2030 with boost from electric vehicleshttps://www.ft.com/content/d02e8cc3-29a1-4634-bfb6-b658b1b4f4a4From Panama to the Pandora papers: what’s changed in offshore taxhttps://www.ft.com/content/1fe7a5a1-7515-4226-8906-b9c1eaecc455JAB seeks to raise $5bn fund to invest in petcare https://www.ft.com/content/93a23966-1b26-4e7b-aa0c-9ff2654e9990The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/eb1b2bc3-1edf-444b-ac44-8e3a79cd8887Private equity firms are offering the highest premiums for listed companies in more than two decades, and the Facebook whistleblower told Congress on Tuesday the company repeatedly chose to maximise online engagement instead of minimising harm to users. Plus, the FT’s Africa editor, David Pilling, explains Gabon’s effort to reposition itself as a “green superpower” and gain recognition for preserving its tropical forests. Private equity pays record premiums for public companieshttps://www.ft.com/content/69c28c74-e957-4009-912a-aee1c452995dFacebook chose to maximise engagement at users’ expense, whistleblower sayshttps://www.ft.com/content/41b657c8-d716-436b-a06d-19859f0f6ce4Africa’s green superpower: why Gabon wants markets to help tackle climate changehttps://www.ft.com/content/4f0579ac-409f-41d2-bf40-410d5a2ee46bBehind the Money Podcast: The tiny fund that took on a US giant and wonhttps://www.ft.com/behind-the-moneyThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/bc24e812-a089-43e1-bc7a-289916c97229US oil prices rose to the highest level in seven years on Monday after Opec and its allies declined to accelerate plans to increase crude production, and shares of big tech companies slid on Monday, with stocks such as Apple, Microsoft, Facebook and Amazon dragging the S&P 500 to its lowest close since late July. Plus, the former Facebook employee who leaked explosive internal documents will testify before US lawmakers today and is expected to urge members of Congress to regulate the social media platform much more tightly.Tech stock slide drags Wall Street lowerhttps://www.ft.com/content/1fba7824-ad14-46bd-a379-404e6b18abc0US oil hits 7-year high after Opec+ resists calls to accelerate productionhttps://www.ft.com/content/ccd6f6d6-6045-4f0c-8638-9b0e01fee1c5Five problems the Facebook whistleblower wants to fixhttps://www.ft.com/content/2dbf79af-6dc5-4c98-90f0-af396c13e3adWarren calls on SEC to probe trading by Federal Reserve officials - with Colby Smith https://www.ft.com/content/9111b7c5-53c5-4d6f-9b6d-ca3533057908The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/fc9fe04c-96ad-4127-ac98-2fbf579c36b6The International Monetary Fund’s board will meet this week to examine allegations that managing director Kristalina Georgieva manipulated data to favour China while she worked at the World Bank; Deutsche Bank severed relationships with “a very small number” of wealthy clients with criminal records after the arrest of disgraced financier Jeffrey Epstein; Plus, the FT’s Alphaville editor, Izabella Kaminska, talks about how the availability of gene-editing tools such as Crispr has led to an explosion of unchecked DIY experiments and dangers associated with biohacking. War of words escalates over China bias claims against IMF chiefhttps://www.ft.com/content/7fbface9-9e1c-41c4-84e9-1eb7fbb2023eDeutsche Bank dropped risky clients after Epstein scandalhttps://www.ft.com/content/28744ecd-e798-4516-b9bb-6257b37f2377Bioterror: the dangers of garage scientists manipulating DNAhttps://www.ft.com/content/9ac7f1c0-1468-4dc7-88dd-1370ead42371The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5f0402b7-812a-4314-aba1-cee242f9e161US senators are pressuring Facebook to release all its internal research into how its products affect users after a series of revelations about the harm some its platforms cause to vulnerable groups including children. FT European technology correspondent Madhumita Murgia argues that it’s time for Facebook to turn off its digital advertising firehose. FT markets editor Katie Martin deciphers the message from this week’s bond market activity. And FT science editor Clive Cookson discusses how artificial intelligence can improve weather forecasting .Facebook pressed to release research on how its platforms affect users https://www.ft.com/content/b0e387f4-4a2f-49d3-9852-f8cf7dcc211cTime to turn off Facebook’s digital fire hose https://www.ft.com/content/d5dcfece-4e3c-4937-81ac-20dc736c4c27Global bond market set for worst month since early 2021 https://www.ft.com/content/42e62e77-f830-4e5a-895f-7837a72847b0DeepMind and UK’s Met Office use AI to improve weather forecasts https://www.ft.com/content/602235aa-7039-472a-80cf-55fa3519ea06The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

As sanctions derail its traditional business, China’s Huawei is scrambling to reinvent itself by shifting into areas less dependent on foreign chip supplies. China’s Belt and Road Initiative has left scores of lower and middle-income countries saddled with “hidden debts” totalling $385bn. Hong Kong’s stock market is on track for its worst quarter for new listings since the earliest days of the Covid-19 pandemic. And Japan’s new Prime Minister, Fumio Kishida, is seen as unlikely to veer from his predecessor’s economic policies.Hong Kong faces worst quarter for stock listings since pandemichttps://www.ft.com/content/40436534-cd31-4959-a7c1-95065e281046?‘Hidden debt’ on China’s Belt and Road tops $385bn, says new study, with Ed White https://www.ft.com/content/297beae8-7243-4d93-9fac-09e515e82972The necessary reinvention of Huawei, with Kathrin Hille https://www.ft.com/content/9e98a0db-8d0a-4f78-90d3-25bfebcf3ac9Japan’s ruling party appoints ‘Mr status quo’ Fumio Kishida as next leader, with Kana Inagaki https://www.ft.com/content/9c3b578f-2dd5-4913-acc9-4252c80214e1The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/6cd13eb2-0ab7-40a5-816f-43e963a3ce05The government bond sell-off that began last week on the prospect of higher interest rates ricocheted into the $51tn US stock market on Tuesday, weighing heavily on technology stocks, and Treasury secretary Janet Yellen warned that the US risks running out of money by October 18. Plus, the FT’s Ryan McMorrow chats about China’s latest crackdown on cryptocurrency trading and whether exchanges are cooperating.   Janet Yellen warns US risks running out of money by October 18https://www.ft.com/content/dc589573-0284-409e-a3df-9a4b102569acUS stocks suffer biggest loss since May as bond sell-off hits tech sectorhttps://www.ft.com/content/7541c364-736b-488b-a793-7ba5cf517f49Oil prices rise above $80 a barrel for first time in three yearshttps://www.ft.com/content/14d4980b-8163-4359-bc4a-fb2b7f7d2c27Cryptocurrency exchanges start cutting off Chinese usershttps://www.ft.com/content/9c42c660-7e80-47c2-8b3b-3398c6a22eafThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/1505ec37-b798-4016-8f80-d959bd6eac9cTwo senior Federal Reserve officials whose trading activity prompted the US central bank to launch an ethics review on Monday announced they will resign, and today Fed chair Jay Powell will join other central bank chiefs at a European Central Bank forum. Plus, where does Germany go after its razor-thin election? The FT’s Europe editor, Ben Hall, explains that it could be a while before there is a clear picture for the country’s government. Regional Fed chiefs step down after securities trading controversyhttps://www.ft.com/content/b899a77f-9853-4d20-ad84-21848b7e7ce2ECB official and OECD warn of rising inflation riskshttps://www.ft.com/content/55300c7b-ab06-40c4-a5f4-ed02ddb31374Germany’s ‘kingmaker’ parties to start talks after narrow SPD election winhttps://www.ft.com/content/fe539f99-8311-4ad7-96c0-ebc30ed9c1a0Hollywood agency CAA acquiring rival ICM to create movie powerhousehttps://www.ft.com/content/fd6a3976-540e-49e7-bf1d-2ac272573033?Join FT journalists on October 4 for a subscriber-only webinar on the outcome of Germany’s historic election and its implications for Germany, Europe and the rest of the world. Register free at ft.com/germanwebinarThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/c2d3fe11-799d-4f66-be2c-806dda7a9f87At least two Chinese cities are seizing presale revenues from indebted property developer Evergrande in order to block potential misuse of funds, and the SPAC bubble appears to be deflating as investors pull cash out of special purpose acquisition vehicles at increasingly higher rates; more than 150 US economists and researchers have weighed in on how women will be affected economically if US states add new restrictions on abortion access, polls in Germany closed last night with the two leading parties neck and neck, and the FT’s US banking editor Joshua Franklin discusses shrinking CEO tenure among US finance companies and the “Forever CEOs” who are bucking that trend. Join FT journalists on October 4 for a subscriber-only webinar on the outcome of Germany’s historic election and its implications for Germany, Europe and the rest of the world. Register free at ft.com/germanwebinarChinese cities seize Evergrande presales to block potential misuse of fundshttps://www.ft.com/content/595c3f50-755d-4dcc-afc3-4c993e50a936Soaring Spac redemptions signal their fall from favourhttps://www.ft.com/content/1a9be04e-a298-49bb-a3d8-2efee22bca01Lack of abortion access will set US women back, economists warn - with Claire Bushey https://www.ft.com/content/61251b31-0041-461c-bd33-aacf2f13fe10In era of quick-fire bosses, Wall Street embraces the ‘Forever CEO’ - with Joshua Franklinhttps://www.ft.com/content/4814a8ca-57a2-43f1-a6da-f126a4254f6dGerman election likely to extend Merkel’s long goodbyehttps://www.ft.com/content/f30df070-5415-4bd7-b4b4-0bdd4dff3b3cThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Introducing our new FT Weekend podcast. New episodes every Saturday. This is the last episode of the FT Weekend which will be published in this feed, so if you want to keep listening, subscribe now by searching ‘FT Weekend’ in your podcast app of choice.In our third episode, we explore the question of how we’ve changed. Host Lilah Raptopoulos talks to the writer Imogen West-Knights about the phenomenon of treat brain: how the pandemic spurred our desire to excessively indulge. Then, columnist Janan Ganesh describes why lockdown decidedly did not change him — and why he’s worried if it changed you. Plus: Maria Shollenbarger sweeps us away on the world’s most glamorous train.Links from the episode:—Imogen West-Knights describes Treat Brain: https://www.ft.com/content/3ed08931-80b0-43a0-9bba-6c4bcc1b3e70 —Janan Ganesh on the lockdown epiphany that wasn’t: https://www.ft.com/content/bf7c501e-12a5-4737-b297-15eba91b26a0 —Maria Shollenbarger aboard the Orient Express: https://www.ft.com/content/9f776436-8205-48cc-a879-7a053f388671 —Lilah’s Instagram Live with Esther Perel: https://www.instagram.com/tv/CULKKCcJXdq/ We want to hear from you! Follow us on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. What are you reading, watching, eating, doing, that is making you happy? We want your recommendations, and may use them in a future episode. Write us, or record and send us a voice note at [email protected] design and mixing is by Breen Turner, with original music by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/74160c71-c5b0-435c-9c09-1c5e9572bb1cGerman voters head to the poll this weekend and the FT’s Berlin correspondent, Erika Solomon, previews this momentous election. Turkey’s central bank unexpectedly cut its benchmark interest rate on Thursday despite accelerating inflation that had already turned borrowing costs negative in real terms. A German foreign policy advisor lashed out at the US about the new Aukus security pact. And US Treasury prices dropped and yields rose on Thursday as traders reacted to the prospect of higher interest rates. Government bond yields rise as investors look to rate rises - with Kate Duguid https://www.ft.com/content/41481456-0bc1-4c54-8e54-05e2ab4042ebTurkey cuts interest rate to send lira tumbling as inflation soars - Ayla Jean Yackley https://www.ft.com/content/ad0f061a-7494-4ff3-be30-c5e8436cfaa9Aukus security pact is ‘insult to a Nato partner’, says Merkel adviserhttps://www.ft.com/content/dfc4f860-c178-4c2a-a46c-c5f4e5595b1aGermany’s election: a new era of uncertain coalition politics - with Erika Solomon https://www.ft.com/content/1fb608e3-1b57-4361-894e-7dc1d1a5abfdThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/a3b42914-2e0e-4246-bc45-1ea9b19b690bThe Federal Reserve has given its strongest signal yet that it will start tapering its bond buying stimulus programme this year and more central bank officials see a first interest rate rise in 2022; Japan’s SoftBank has followed Saudi Arabia’s Public Investment Fund and Abu Dhabi’s Mubadala in backing a new $2.5bn private equity fund set up by former US Treasury secretary Steven Mnuchin just eight months after he left office; and the FT’s James Kynge explains that the unravelling of China’s Evergrande property developer shows deep flaws in the country’s growth strategy. More Fed officials see first interest rate rise in 2022https://www.ft.com/content/719c11ec-fb24-40b3-a661-518aa3bc6028SoftBank backs Steven Mnuchin’s $2.5bn private equity fund https://www.ft.com/content/24da1d88-8e63-4868-849f-3e3ecff1c39aValued at $41bn in 2020, the spectacular unravelling of the Chinese property group Evergrande exposes deep flaws in Beijing’s growth strategyhttps://www.ft.com/content/ea1b79bf-cbe3-41d9-91da-0a1ba692309fRachman Review: Biden and the world https://www.ft.com/rachman-reviewThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/bde35a2f-ae3f-4fc5-920f-a6bca45d9eb3Poland and Hungary could lose billions of euros in EU regional aid as the European Commission prepares to wield powers linking the funds to human rights standards in member states, and the ride-hailing group Uber says it is on course to report its first-ever profitable quarter, on an adjusted basis, after more than a decade of burning through billions of dollars in cash, and Gulf states are struggling to balance relations between Washington and Beijing. Behind the Money, Inside ESG: is the $1.7tn wave of sustainable investing hope or hype?https://www.ft.com/behind-the-moneyPoland and Hungary face threat to EU regional aid over human rights concernshttps://www.ft.com/content/3ca265c0-d1d1-4acf-bc9e-b208dab98293Uber on course to post first profitable quarterhttps://www.ft.com/content/ee8c9dfa-b59e-4415-b380-1cdf2f15976c‘More of China, less of America’: how superpower fight is squeezing the Gulfhttps://www.ft.com/content/4f82b560-4744-4c53-bf4b-7a37d3afeb13The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/dd3aef66-5189-4b85-873a-e82c80be3c2dGlobal financial markets are jittery about the possible default of indebted Chinese property developer Evergrande but the FT’s markets editor Katie Martin explains why it is unlikely to be another Lehman Brothers; foreign investors, especially from China and Japan, have become major buyers of US Treasuries and could prop up the market if the Fed withdraws; and Coinbase backed down from launching a new lending product after US regulators threatened to sue. Wall Street stocks sell off as Evergrande crisis intensifieshttps://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134Foreign investors help prop up Treasury market as Fed considers retreat https://www.ft.com/content/47551bfb-8ca3-4e73-b34b-0ad19905ae15Shell agrees $9.5bn sale of Permian Basin oil business to ConocoPhillipshttps://www.ft.com/content/33e48318-91ab-47e4-88f3-72986b0a85f6Coinbase abandons lending product after SEC pushbackhttps://www.ft.com/content/bd09f8bf-e65b-4870-affe-55b5346af3e1Rusal strikes deal to supply Budweiser with ultra low-carbon canshttps://www.ft.com/content/ff76ebe5-ca61-417c-b191-1a2c152a935eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/efcae358-e439-4135-9600-55b23dcd7dc8Australia’s nuclear submarine deal with the US and UK is set to provide a political boost for Scott Morrison’s conservative government, and UK business and energy secretary Kwasi Kwarteng is due to meet energy suppliers on Monday amid fears that dozens of companies could go bust in the coming weeks due to record high gas and electricity prices, and Beijing has pushed through reams of regulations and policies designed to shore up China’s data security, reinforcing the control it exercises over huge volumes of data used in governing the country, boosting the economy and ordering people’s lives.Australia and France intensify war of words over cancelled submarine deal https://www.ft.com/content/55173c4e-79a4-4a65-8294-3fc666026a0bMorrison’s submarine deal drives wedge between Australian oppositionhttps://www.ft.com/content/e7e40eae-0011-4d0a-8a59-b5d5625c7389UK energy groups ask for government ‘bad bank’ to weather gas crisis - with David Sheppard https://www.ft.com/content/684e4ef1-87a9-4bdf-96f4-956df4e0a1e2China and Big Tech: Xi’s blueprint for a digital dictatorship - with James Kynge https://www.ft.com/content/9ef38be2-9b4d-49a4-a812-97ad6d70ea6fThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Introducing our new FT Weekend podcast. New episodes every Saturday. We will soon stop publishing FT Weekend on this feed, so you if want to keep listening, subscribe now before you forget! Search FT Weekend in your podcast app of choice.In this episode, Life & Arts columnist Enuma Okoro explores what our cities tell us about ourselves. Then Lilah speaks with Elif Shafak—the most widely read woman novelist in Turkey—about writing in countries without freedom of speech, and her new book, The Island of Missing Trees. Plus: our prolific Undercover Economist Tim Harford makes a case for letting go of your to-do list.You can subscribe to the FT Weekend podcast by searching for 'FT Weekend' wherever you listen. We're on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. Email us at [email protected] from the episode:—Enuma Okoro’s love letter to New York City: https://www.ft.com/content/e2507d84-9a12-4755-a9c7-41c9ea116947  —Lilah’s piece about visiting Armenia: https://www.ft.com/content/2e2f38b0-e7a1-11e8-8a85-04b8afea6ea3 —Review of Elif Shafak’s novel, The Island of Missing Trees: https://www.ft.com/content/1a064a06-bd19-43c7-8237-38931853d0e2 —Tim Harford on to-do lists: https://www.ft.com/content/06ffe40d-fdcc-4be8-b536-810cedce7ed1 —Oliver Burkeman on how not to waste your life (paywall): https://www.ft.com/content/dd0d477b-c1f7-4d74-af68-c1ef1692566cSound design and mixing is by Breen Turner, with original music by Metaphor Music.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/8e3784f8-5605-40aa-a8b5-3d0e5bdae9a9An unpublished internal model seen by the FT shows that the European Central Bank expects to hit its elusive 2 per cent inflation target by 2025, and Myanmar’s shadow government is fighting back against the military junta. Plus, the FT’s markets editor, Katie Martin, explains why Laos is allowing cryptocurrency mining. Unpublished ECB inflation estimate raises prospect of earlier rate risehttps://www.ft.com/content/0ee1336d-1c7c-43b5-a8ed-f141f31fb70eLaos pushes into crypto as it authorises mining and tradinghttps://www.ft.com/content/3a820200-0128-42b3-be6c-f5abd6381efaMyanmar violence mounts after shadow government embraces ‘war’https://www.ft.com/content/492bd2b6-e5c9-4d9e-81ea-b95f6c14aef9MassMutual fined $4m over meme-stock trading by ‘Roaring Kitty’https://www.ft.com/content/7ce3b9a4-1f86-4e49-a3cf-6b5a445fef0eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/91b4abd2-1ef7-4069-ac25-a4759a2ddfb8Washington has launched a security partnership with London and Canberra which will support Australia’s plan to build a fleet of nuclear-powered submarines and strengthen the allies’ ability to counter China, and Canada holds an election next week with prime minister Justin Trudeau facing unexpected competition, and Amazon plans to become just as ubiquitous in healthcare as it is in other markets by producing the tools and platforms to underpin an industry on the cusp of dramatic modernisation.US builds bulwark against China with UK-Australia security pacthttps://www.ft.com/content/565160c7-b5e0-4750-858a-37224bf3db0cThe Rachman Review: Is Trudeau’s popularity wearing thin?https://www.ft.com/rachman-review The next Big Tech battle: Amazon’s bet on healthcare begins to take shapehttps://www.ft.com/content/fa7ff4c3-4694-4409-9ca6-bfadf3a53a62Didi loses 30% of daily users after Beijing crackdown following IPOhttps://www.ft.com/content/13a768b0-1000-4cad-8a03-36a1e66f460bThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/24c2b733-9dca-4dcf-81d2-ca90583a3ac9US consumer prices in August rose at a more moderate pace in a sign that inflationary pressures associated with the end of Covid-19 lockdowns are easing, and bank executives say consumer spending is outpacing pre-pandemic levels as shoppers shrug off the Delta variant, and Blackstone abandoned a large deal in China after Beijing’s antitrust regulators refused to sign off on it within the agreed time frame, and big Chinese cities suspended land auctions in response to rules aimed at lowering housing prices. Pace of US consumer price rises cools slightly in Augusthttps://www.ft.com/content/eaf6d095-1531-4458-a504-c110d4101469US consumers still spending despite Delta risk, banks sayhttps://www.ft.com/content/5189f544-c7ff-4564-8b46-1fb74b70dfd5Blackstone drops $3bn takeover of property developer Soho China https://www.ft.com/content/b732381e-61ea-4bab-8260-5048ff737047Chinese land auction blunder undercuts Xi’s inequality crusadehttps://www.ft.com/content/40187a8f-9776-4036-91ca-665b44cec086?Call of the great outdoors fades for advertisers during muted commutinghttps://www.ft.com/content/037b6d79-b9e9-4dc1-8224-413a7f613332The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/63d65f6a-045d-4da8-b170-c30642cea5ccChinese police are using a new anti-fraud app installed on more than 200m mobile phones to question people who have viewed overseas financial news sites, and Brazil’s first openly gay state governor enters the country’s race for president. Plus, the FT’s Houston correspondent, Justin Jacobs, explains why new biofuels refineries are creating headaches for the food industry. China uses app to monitor access to overseas financial news sites https://www.ft.com/content/84b6b889-ae03-47f7-9cd0-bd604b21d5de Brazil governor pitches third way between Bolsonaro and Lula in 2022 elections - with Michael Stott https://www.ft.com/content/06b00d4b-9cf9-41d3-b888-50ee8613bf12‘Diesel vs doughnuts’: new biofuel refineries squeeze US food industry - with Justin Jacobs  https://www.ft.com/content/b5839a04-a06a-49c1-8622-2974cbb9a84a British hedge fund partner plots return of Trump-era social network Parler https://www.ft.com/content/261fecd4-715f-4b90-a7fa-57d7d4013788The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/40cef59a-441b-4b97-bea8-7a3ec838bc4bBeijing wants to break up Alipay and create a separate app for the company’s highly profitable loans business, Norway’s voters will weigh in on the country’s petroleum production in what’s being called a “climate election,” and a new analysis found that Ireland is failing to keep US Big Tech companies in check. Plus, the FT’s Laurence Fletcher explains why hedge funds are muscling into Silicon Valley and making a record number of deals. FT survey: The return to the office - are you under pressure to go back?https://survey.ft.com/jfe/form/SV_4MZ2tuhkW4NghKuBeijing to break up Ant’s Alipay and force creation of separate loans apphttps://www.ft.com/content/01b7c7ca-71ad-4baa-bddf-a4d5e65c5d79Norway’s oil rises to top of election agenda as climate fears grow - with Richard Milnehttps://www.ft.com/content/70b3ec35-6558-4032-9a0c-47c40a6df5a8Ireland ‘fails’ to enforce EU law against Big Techhttps://www.ft.com/content/5b986586-0f85-47d5-8edb-3b49398e2b08Hedge funds muscle in to Silicon Valley with private deals - with Laurence Fletcherhttps://www.ft.com/content/4935b205-8344-465a-8edf-dc23ec990302The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Twenty years after the Twin Towers were brought down, FT Weekend podcast host Lilah Raptopoulos explores where 9/11 sits in our memories. The FT’s New York correspondent Joshua Chaffin introduces us to billionaire developer Larry Silverstein, who bought the World Trade Center in July of 2001 and had to rebuild on the site of a tragedy. How do spaces change in meaning over time? The FT’s former Kabul correspondent Jon Boone introduces us to the “New Afghanistan” generation, what they were promised, and what was lost. Plus: we hear from a woman who fled the Taliban and is now waiting in limbo in Albania, suddenly a refugee.  You can subscribe to the FT Weekend podcast by searching for 'FT Weekend' wherever you listen.We’re on Twitter at @FTWeekendpod. Lilah is on Twitter and Instagram @lilahrap. Links from the episode: Josh Chaffin on Larry Silverstein: https://www.ft.com/content/f38a5067-58d1-491f-902f-568abcdd8a84#comments-anchorJon Boone on The Last Days of the New Afghanistan: https://www.ft.com/content/4a276093-cf85-4da7-9093-6af6443bb53aSound design and mixing is by Breen Turner, with original music by Metaphor Music.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/0b052bc2-c481-49c7-a645-c83e90f45ff1A poll shows leading economists believe the Federal Reserve will raise interest rates in 2022 due to inflationary pressures, the ECB says it will move to “a moderately lower pace” in its €1.85tn pandemic emergency purchase programme, and one of China’s largest property developers, Evergrande, faces the risk of default. Plus, the FT’s US Legal and Enforcement Correspondent, Stefania Palma, explains why regulators around the world are keeping an eye on the clash between the Securities and Exchange Commission and the cryptocurrency exchange, Coinbase. Economists forecast quicker return to US interest rate rises than Fed projectionshttps://www.ft.com/content/0a7a4edd-b656-4d6a-b608-454241d0288eECB to slow bond-buying as Europe’s economy improveshttps://www.ft.com/content/e8a78a9f-8e81-403a-a1be-9ad8e6199e72SEC puts crypto industry on notice with Coinbase movehttps://www.ft.com/content/66eca8c0-2d3a-4578-bd92-e604e2af054fEvergrande liquidity crisis: why the property developer faces risk of defaulthttps://www.ft.com/content/6d127e05-2208-4226-9cd1-ef2f7463cdf0The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7344543b-aefa-4715-8494-7c92e1e531f2A court heard opening arguments in the case against the founder of the failed blood-testing technology start-up Theranos, Janet Yellen has warned that the US Treasury could run out of cash next month, and PayPal has acquired the Tokyo-based buy now, pay later company, Paidy. Plus, the FT’s environment and clean energy correspondent, Leslie Hook, explains how the world’s largest CO2 direct capture plant works. ‘Failure is not a crime,’ Theranos founder’s lawyers tell juryhttps://www.ft.com/content/b7462815-f022-4e11-a3fd-a7845b1191a2Janet Yellen warns US Treasury risks running out of cash in Octoberhttps://www.ft.com/content/4433d8ef-7d18-4c07-ba08-7f05fcbdb0b8PayPal to acquire buy now, pay later provider Paidy for $2.7bnhttps://www.ft.com/content/cdeccd3c-fe41-4228-ad11-9efc6f5c9d2dWorld’s biggest ‘direct air capture’ plant starts pulling in CO2https://www.ft.com/content/8a942e30-0428-4567-8a6c-dc704ba3460aEY will invest $2bn to improve audits after series of scandalshttps://www.ft.com/content/737dd635-dba2-49d7-bcdd-34f467b218ea?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7a545b87-55eb-4dbd-b9a0-c80def4bdcf8Pfizer’s chief scientific officer Philip Dormitzer denied that the company should have developed a more potent Covid-19 vaccine, and the Taliban has announced Afghanistan’s first government since the US left the country, and James Bullard, president of the St Louis Fed pushed back on concerns that the US labour market recovery is faltering. Plus, the FT’s Beijing bureau chief, Tom Mitchell, explains whether China is heading into a new political era under president Xi Jinping. Top Pfizer scientist defends booster push and vaccine potencyhttps://www.ft.com/content/3ee3efaa-766c-42c9-baf7-9825d3e78edfTaliban announces government as it faces growing crises and isolationhttps://www.ft.com/content/9cc0e2ca-19ab-4614-a168-76f1e4c1875bTop Fed official pushes for quick ‘taper’ despite weak US jobs growthhttps://www.ft.com/content/7c2fc0ce-e7c0-4083-92e8-e81d9235ab45The Chinese control revolution: the Maoist echoes of Xi’s power playhttps://www.ft.com/content/bacf9b6a-326b-4aa9-a8f6-2456921e61ecThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/768cdb61-a131-42de-b8d6-42c3c757cb82Prime minister Boris Johnson will announce a tax rise of more than £10bn a year today, and the military junta that overthrew Guinea’s president is urging mining companies to keep operating.  Plus, the FT’s emerging markets correspondent, Jonathan Wheatley, explains why developing countries have provided fertile ground for cryptocurrencies to take hold. Johnson set to unveil £10bn tax rise to fund NHS, social carehttps://www.ft.com/content/47120539-1930-4065-ae93-de84dc51378cGuinea coup leaders urge mining companies to keep operatinghttps://www.ft.com/content/6ff3fe38-66f1-4d76-995a-457936305dd2Cryptocurrencies: developing countries provide fertile groundhttps://www.ft.com/content/1ea829ed-5dde-4f6e-be11-99392bdc0788‘Shang-Chi’ smashes Labor Day records with $90m in ticket saleshttps://www.ft.com/content/731d8697-a894-4f81-aae6-0a27f3cf85edThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/6b286858-b05a-4211-8e04-315b4e8bac38A frantic summer of dealmaking has put 2021 on track to break records, and Japan’s future is uncertain after prime minister Yoshihide Suga abruptly announced his departure. Plus, the FT’s private capital correspondent explains how a prominent British private equity firm went public this summer but has kept its executive pay opaque Global dealmaking set to break records after frenzied summerhttps://www.ft.com/content/4b955a75-55a4-4e13-b785-638b88bbfb0bYoshihide Suga’s exit sets off fight to reshape Japanese politicshttps://www.ft.com/content/fff52074-ee42-43c3-a96f-d1332005d802Bridgepoint went public. Executive rewards stayed private.https://www.ft.com/content/25649306-ac8a-4183-894a-7df1eb798acfBrewDog launches venture with Japan’s Asahi to boost saleshttps://www.ft.com/content/964b92ae-18d7-41a0-b8f1-138baa54870eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

In this first-ever episode of the FT Weekend podcast, host Lilah Raptopoulos talks to Eleven Madison Park’s Daniel Humm and Chez Panisse’s legendary Alice Waters to discover how the world’s top chefs are finding purpose beyond their restaurants. Humm created a buzz in May when he announced that his world-famous restaurant would be going entirely plant-based. Has that risk paid off? And what does it mean to do good as a chef?Plus: the FT’s design critic Edwin Heathcote gives us a tour of the world’s most revengeful architecture, and reporter Madison Darbyshire shares tips for how to furnish your home with old things.You can subscribe to FT Weekend podcast by searching for FT Weekend wherever you listen.We’re on Twitter at @FTWeekendpod. Lilah is on Twitter and Instagram @lilahrap. Links from the episode:Lilah’s piece on chefs (paywall) - https://www.ft.com/content/246cdc2a-f135-4d3d-9d74-e524e9217699 Edwin on the architecture of spite (paywall) - https://www.ft.com/content/1161fbbe-5ae1-4328-bf59-dcd8b1d6564f Madison’s masterclass in flea-market chic - https://www.ft.com/content/6c8bf8a2-ddee-11e9-9743-db5a370481bc Sound design and mixing is by Breen Turner, with original music by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/0b603fa8-7afc-46f3-bae6-46b89a0def8fBankers and investors are bracing for a bumper month of debt issuance in the US, and Germany’s Dax is welcoming 10 new companies to its index. Plus, the FT’s Lilah Raptopoulos talks about the launch of her new show, the FT Weekend podcast. Banks and investors gear up for US corporate debt bingehttps://www.ft.com/content/dff0ebdf-1d64-4e9a-9261-6957455d856dGermany’s Dax undergoes makeover as it expands from 30 to 40https://www.ft.com/content/297a35a8-df37-4091-a283-1914cdbd3e8aFT Weekend podcast https://www.ft.com/ftweekendpodcastUK staycations and return to offices boost retail footfall in Augusthttps://www.ft.com/content/15d4a2d0-eaa5-4cf8-bd04-fcb7a34c04b7The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/385a236d-c829-47e8-b3a3-c0c3ef2d5387YouTube has netted 50m paying subscribers for its music streaming services, and the dearth of truckers has become so severe in the US that some fleet owners are petitioning officials to let more foreign operators into the country. Plus, the FT’s US banking editor Josh Franklin explains that top American banks have avoided cannabis companies so a niche finance sector has sprouted up to service this growing industry. YouTube’s music services amass 50m paying subscribers  https://www.ft.com/content/ae722400-561c-431a-85eb-e09e1f6b0bb2US truck driving shortage, with the FT’s Steff Chavezhttps://www.ft.com/content/a7283077-69de-4bb2-9d0a-1c68090d719fBanking on cannabis: the new network of lenders for a semi-legal industry - with Joshua Franklin, US banking editorhttps://www.ft.com/content/28d8375a-3bd9-4fba-b1b7-a2e5e8b4fcdbThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/53441ca2-a824-4f2c-8a76-c10ebde4840bBrussels is drafting a proposal for a €600m package to help Afghanistan’s neighbours host refugees fleeing the Taliban, and luxury brands are uncertain about their future in China after President Xi Jinping’s call for wealth distribution. Plus, the FT’s global finance correspondent, Robin Wigglesworth, explains why investors could become more excited about emerging markets. EU plans €600m package for Afghanistan’s neighbours to avert refugee crisishttps://www.ft.com/content/c3688ac7-f7e0-473c-98ea-91735e3278d5Xi Jinping’s call for wealth redistribution threatens luxury groups’ China boomhttps://www.ft.com/content/4cf59a34-cd03-48a1-b5d0-0c71922ef9b3Investors eye emerging market upswing after China shockhttps://www.ft.com/content/4546f956-c48e-4530-9eaa-e567fa2856e1Trial of Theranos founder Elizabeth Holmes begins in Californiahttps://www.ft.com/content/3be72070-bc6a-4181-8ae4-a729758511ceThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/86c5ce53-69cb-4bf2-b79e-7e67f1b71cfaQR codes have replaced service staff in the pandemic and experts worry that means many jobs lost during the coronavirus pandemic will not return, and Germany’s inflation has risen to its highest level since 2008. Plus, the FT’s US banking correspondent, Imani Moise, explains how Bank of America is fighting a worker shortage by retraining its own employees. QR codes replace service staff as pandemic spurs automation in US - with Taylor Nicole Rogers, labour and equality correspondenthttps://www.ft.com/content/05754eb3-38a5-488d-af96-5f5a1a7955c1Bank of America fights war for tech talent by retraining own employees - with Imani Moise, US banking correspondenthttps://www.ft.com/content/1edee6e4-6b67-4866-a0c6-23b15fa56debGerman inflation surges to 13-year high of 3.4%https://www.ft.com/content/55cbd2a2-adc9-406f-ad45-daf90d79d221Inflation puts pressure on America’s fast-expanding dollar storeshttps://www.ft.com/content/5853dd3a-0c22-4d2b-a263-ec51bf1a0c29The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

We'd like to introduce you to our new show: FT Weekend. Turn off your email alerts and settle in. Every Saturday, from September 4, join host Lilah Raptopoulos for inspiring conversations, in-depth storytelling, a bit of escapism and a lot of fun. Brought to you by the award-winning Life & Arts journalists at the Financial Times.You can subscribe in your podcast feed of choice by searching for FT Weekend.Sound design and mixing is by Breen Turner, with original music by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/e03bcc3e-c418-47e6-9037-0f0030529af0The US tomorrow will withdraw all of its troops from Afghanistan and the country faces a potential economic catastrophe. The International Monetary Fund’s chief economist warns that emerging market economies can’t afford another ‘taper tantrum.’ Plus, FT contributing editor, Brendan Greeley, explains how US community banks played an instrumental role in keeping small businesses alive during the pandemic. IMF’s Gopinath says emerging economies can’t afford ‘taper tantrum’ reduxhttps://www.ft.com/content/873ca2e8-63d2-40dd-842d-5409169166faHow US community banks became ‘irreplaceable’ in the pandemichttps://www.ft.com/content/4face0c6-c1fb-47af-972b-8749e92b4bafWearables company Whoop valued at $3.6bn after SoftBank investmenthttps://www.ft.com/content/f3dde553-0aa1-4137-bc50-093b1003fa71The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/3e727154-099c-4af8-b3a0-5aa2742bcdcaUS military officials are blaming Isis for an attack near Kabul airport yesterday that killed at least 13 service members and an unknown number of civilians, and the Federal Reserve is preparing for today’s virtual Jackson Hole economic symposium under the cloud of the Delta variant, and Brussels has warned that it could sever a data-sharing agreement with the UK. Plus, the FT’s Najmeh Bozorgmehr reports on life in Afghanistan’s third-largest city, Herat, now that the Taliban are in control. At least 13 US troops among those killed in Kabul bombings, with Aime Williams in Washingtonhttps://www.ft.com/content/817bfbaa-e62a-4cc9-b503-54d0a53dfc52Life under the Taliban: ‘Herat is now like a ghost city’, with Tehran correspondent Najmeh Bozorgmehrhttps://www.ft.com/content/d30d1991-252e-4060-aa98-b5831e3f470cFed prepares for virtual Jackson Hole meeting under cloud of Delta, with US economics editor Colby Smith https://www.ft.com/content/806b507c-3c07-4e93-bc59-763dfeed0e32?EU takes aim at UK plan to rewrite data laws, with EU technology correspondent, Madhumita Murgia https://www.ft.com/content/f344f7ea-2829-46d2-8943-26b73c5804daThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/a2aabbbe-070f-48f1-92f2-5ed1ec85cf2bTurkey’s military has begun withdrawing its troops from Kabul airport while the country’s president Recep Tayyip Erdogan said his country can’t handle more migrants, and global regulators are imposing heavy fines on financial institutions for failing to stop anti-money laundering. Plus, the FT’s consumer industries reporter, Patricia Nilsson, explains OnlyFans’ ban on sexually explicit content, and its sudden reversal. Turkey begins evacuation of troops from Kabul airporthttps://www.ft.com/content/22046156-b4de-4b4c-abb5-1ae388f763c9Erdogan rules out Turkish role as EU ‘warehouse’ for Afghan refugeeshttps://www.ft.com/content/09abc27e-607c-4d83-8e39-84eaa179565e?Anti-money laundering fines surge as watchdogs impose tougher penaltieshttps://www.ft.com/content/7144ff53-5a17-477b-ab75-4f4a88b94fd2OnlyFans reverses controversial porn ban, with consumer industries reporter Patricia Nilsson https://www.ft.com/content/5468f11b-cb98-4f72-8fb2-63b9623b7b2bGerman election wide open as Merkel successor loses poll leadhttps://www.ft.com/content/a1f73855-8b68-4b7a-b0ec-5b9df6c77578Germany poll tracker: the race to succeed Angela Merkelhttps://www.ft.com/content/5885e964-6d54-46ba-be63-8fb7009075f2The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/03108ae2-9645-4849-a165-52eee0272790US President Joe Biden is defying international pressure and sticking by his plan to withdraw American troops from Afghanistan by the end of the month, and the UK will roll out new regulations to protect children’s data online. Plus, the FT’s legal correspondent, Kate Beioley, talks about the lawsuit that Lebanese lawyers have filed against a UK-registered chemicals company over the 2020 Beirut port blast. Biden refuses to extend evacuation as Taliban blocks Afghans from airport, with US trade correspondent Aime Williamshttps://www.ft.com/content/a42b6570-d037-41c9-9e35-a0e6779a2e87UK targets social media, gaming and videos with new Children’s Codehttps://www.ft.com/content/705e0468-bfcf-4f5d-b777-c25785d950cb?Lebanese lawyers sue UK-registered company over Beirut port blast, with legal correspondent, Kate Beioleyhttps://www.ft.com/content/57e43122-04e5-4cc2-8fea-9ba910da5673BBQ stocks: Wall Street feels the thrill of the grillhttps://www.ft.com/content/6a2946b6-2124-4185-8cfa-f493a1f1d1a2?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/f23d324d-b17e-4f6a-bacd-dad8fed54493At an emergency G7 meeting US president Joe Biden will hear calls from western allies to negotiate with the Taliban for an extension to the US-led evacuation from Afghanistan while facing the humiliating prospect that the Islamist militants may veto the idea, and a US pandemic assistance programme is set to end early next month, leaving millions of gig workers without the support they’ve come to rely on. Biden squeezed between allies and Taliban on Afghan deadline - with George Parker, political editorhttps://www.ft.com/content/38838e4f-c55c-4504-9f5b-b7b7f8d904f8Taliban finances swelled by proceeds of Afghanistan’s shadow economy - with Stephanie Findley, South Asia correspondenthttps://www.ft.com/content/25b48967-2d8c-4acd-8699-e0cbdf164cb8US gig workers carry on the fight for rights as jobless aid comes to an end - with Amanda Chuhttps://www.ft.com/content/09b8b6aa-c545-4499-a615-d256cfa4e62eSHOWNOTES LIVE FT WEBINAR: Join FT correspondents and guests to discuss The Fall of Afghanistan: What Next? on Wednesday 25 August. Sign up for an FT subscriber webinar at ft.com/afghan-webinarThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.