FT News Briefing

Israeli prime minister Benjamin Netanyahu has postponed a bitterly contested judicial overhaul, the first consignment of German Leopard 2 tanks has reached Ukraine, and shares of First Citizens Bank surged nearly 50 per cent on Monday morning following news it would buy much of the failed Silicon Valley Bank. Mentioned in this podcast:Netanyahu partner says reforms that have roiled Israel to be postponed German Leopard 2 tanks arrive in UkraineFirst Citizens to buy failed Silicon Valley BankReuters: Demonstrators hold dueling protests in IsraelDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Goldman Sachs, JPMorgan Chase and Fidelity are the biggest winners from investors pouring cash into US money market funds over the past two weeks, senior EU and UK officials have stepped up discussions on potential plans for closer defence and security co-operation, the London Metal Exchange has found bags full of stones at one of its warehouses instead of the nickel they were supposed to contain in the latest drama to hit the scandal-stricken metals market, and crypto companies are heading to Hong Kong to try and capture demand from Mainland China Mentioned in this podcast:Money market funds swell by over $286bn as investors pull deposits from banksTrafigura: the 10-day unravelling of an alleged $500mn fraudLME finds bags of stones instead of nickel in metal warehouseEU and UK ramp up talks on defence cooperation  Crypto groups expand in Hong Kong in bid to tap mainland China demandDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

 In this episode, Tech Tonic dives into the science at the heart of quantum computing. How do technologists use unexplained subatomic phenomena to build powerful computers?FT artificial intelligence editor Madhumita Murgia tells the story of quantum physics with the help of Sean Carroll, a theoretical physicist at Johns Hopkins University and hears from University of New South Wales professor Michelle Simmons to understand how engineers exploit weird quantum physics.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds. Hosted on Acast. See acast.com/privacy for more information.

TikTok’s CEO faced bruising questioning in US Congress over the social media app’s links to its Chinese parent company ByteDance, short seller Hindenburg Research has accused payments group Block of artificially inflating its user numbers and facilitating fraudulent transactions, and the wipeout of $17bn of Credit Suisse bonds has sparked panic among rich Asian investors who had loaded up on the risky bank debt.Mentioned in this podcast:TikTok chief faces hostile Congress in bid to fight off US banHindenburg Research shorts Jack Dorsey’s payments group BlockAsia investors ‘gobsmacked’ by $17bn Credit Suisse bond wipeoutCrypto fugitive Do Kwon arrested in Montenegro, says interior ministerCredit: Cash App Music Video Compilation (Hindenburg Research)Download the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US Federal Reserve pressed ahead with its monetary tightening campaign despite the recent turmoil in the banking sector and the FT’s Andrew Jack explains why the FT updated the criteria for its MBA rankings. Plus, UK inflation was unexpectedly high last month. Mentioned in this podcast:Fed presses ahead with quarter-point rate rise despite banking turmoilFT business school rankingsGlobal MBA Ranking 2023: change at the topDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The IMF has struck a deal with Ukraine to provide a $15.6bn loan, some former central bankers say pausing rate increases because of the banking sector turmoil would be a mistake, shares of First Republic Bank rallied after US Treasury secretary Janet Yellen said the government stood ready to provide further support for smaller lenders, and China's leader Xi Jinping has backed Russian president Vladimir Putin’s stance on his war in Ukraine but refrained from endorsing his statements about a planned gas pipeline. Mentioned in this podcast:Ukraine clinches $15.6bn IMF loanFormer officials split on what central banks should do next Janet Yellen says US prepared to give more support to banksXi Jinping backs Vladimir Putin on Ukraine but holds out on Russian gas pipelineDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The IMF’s board has finally backed a $3bn bailout for Sri Lanka to help relieve a ‘catastrophic’ economic and social crisis, shares in First Republic Bank tumbled 47 per cent on Monday despite a $30bn rescue deposit last week, and Credit Suisse bondholders were in uproar after the rescue deal by rival UBS wiped out $17bn of the failed Swiss bank’s bonds.Mentioned in this podcast:IMF approves $3bn bailout for Sri Lanka Wall Street chief executives try to come up with new plan for First RepublicCredit Suisse bondholders in uproar over $17bn debt wipeoutCredit Suisse AT1s: investors go loco after Coco no-noDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators, leading central banks have taken fresh measures to improve global access to dollar liquidity, and the Biden administration is under pressure to call for an expansion of the federal guarantee on bank deposits. Plus, the FT’s Andrew Edgecliffe-Johnson explains what lessons start-ups are taking away from the collapse of Silicon Valley Bank. Mentioned in this podcast:UBS agrees to buy Credit Suisse for more than $3bnWhite House pressed to expand deposit guarantee to steady banksCentral banks announce dollar liquidity measures to ease banking crisisStart-ups learn the hard way how to manage cash after SVB’s collapseSign up for the FT’s Due Diligence newsletter: https://www.ft.com/due-diligenceDownload the FT Edit app here: ft.com/fteditRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Tech companies including Google, Microsoft and IBM are all working on plans for a commercially viable quantum computer. They say that these machines will be able to solve climate change, help develop new pharmaceutical drugs and transform our economy. But harnessing quantum physics requires overcoming massive challenges. As researchers tinker away on uber-sensitive, ultra-cold quantum computers and investors become increasingly interested in the potential commercial applications – some people in the quantum computing world aren’t buying the hype.In this episode of Tech Tonic, FT innovation editor John Thornhill travels to the West Coast to visit Julie Love and Krysta Svore, both of Microsoft’s quantum computing programme, and tours Google’s quantum computing lab with engineer Erik Lucero. We hear from Bessemer Venture Partners’ investor David Cowan, and FT artificial intelligence editor Madhumita Murgia talks to long-time quantum computing researcher Sankar Das Sarma.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The largest US banks have banded together to deposit $30bn into First Republic Bank in an attempt to bolster its finances, the European Central Bank has raised interest rates by half a percentage point, Emmanuel Macron failed a critical parliamentary test and chose to override lawmakers to pass his unpopular plan to raise France’s retirement age, and the FT’s Stephen Morris explains why HSBC took a chance on Silicon Valley Bank UK. Mentioned in this podcast:Wall Street banks to deposit $30bn into First RepublicECB increases rates by 0.5 percentage pointsMacron to pass pension reform by decree as protests sweep FranceWhy HSBC swooped on SVB UKDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Swiss central bank said it would provide a liquidity backstop to Credit Suisse, UK chancellor Jeremy Hunt unveiled a Budget that includes a £4bn expansion of free childcare, and Volkswagen is increasing its investments in electric vehicles.Mentioned in this podcast:Swiss central bank offers Credit Suisse liquidity backstop after share plungeJeremy Hunt’s “Budget for growth” boosts UK childcare VW ramps up investments in electric car transition with €180bn injectionDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The world’s largest private investment firms are exploring the purchase of loans from the remains of Silicon Valley Bank, the Federal Reserve is caught between high inflation and financial instability, and US regulators are facing questions over whether they missed signs of mounting problems at SVB. Plus, Australia, the US and the UK announced details of a long-term plan to supply Australia with nuclear-powered submarines.Mentioned in this podcast:Buyout titans weigh purchases from Silicon Valley Bank loan bookUS consumer prices rise 6% at tricky time for Fed amid SVB falloutRegulators face questions over missed warning signs at Silicon Valley BankAukus defence pact’s political pay-off will be a jobs bonanzaSilicon Valley Bank Webinar: Register HereDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The collapse of Silicon Valley bank rattled global markets, investors continue to worry about banks, US regional banks were hit hard by a sell-off, and venture capitalists are pointing fingers at each other for their role in the bank run on SVB that precipitated its demise. Mentioned in this podcast:California bank failure shakes global financial stocksUS and European bank stocks tumble as investors fret over SVB falloutFirst Republic and other US regional banks tumble over fears of deposit flightRecriminations fly as venture capitalists contemplate Silicon Valley Bank’s collapseBiden audio credit: C-SpanDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Federal Deposit Insurance Corporation is leading an auction to find a potential buyer for Silicon Valley Bank after the US government said it would help depositors in its efforts to stop contagion across the banking sector. Plus, the boom in disposable vaping devices is not just adding to health concerns but leading to tonnes of electronic waste. Mentioned in this podcast:Silicon Valley Bank: the spectacular unravelling of the tech industry’s bankerUK government tried to find buyer for SVB unit UK chancellor prepares lifeline for UK companies hit by SVB collapseThe environmental cost of single-use vapes Download the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In the cybersecurity world they call it Q-Day, the day when a quantum computer will be built that can break the encryption of the internet.John Thornhill and Madhumita Murgia speak to cybersecurity expert and former professional hacker Mark Carney about password cracking, and why quantum computers would be so good at it.Renowned mathematician Peter Shor recounts how he became the first person to discover that quantum computers could upturn the encryption that underpins much of the internet. Jack Hidary, boss of the quantum technology company Sandbox AQ, tells us how quantum computers already pose a threat today, even if it’s decades before one powerful enough to threaten encryption will be built. And cryptographer Dan Bernstein explains why protecting ourselves from the quantum threat might just be down to better maths.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A US bank index suffered the worst one-day fall in market value since June 2020, the first France-UK summit in five years will focus on resetting relations, Mexico’s currency hit a five-year high this week despite its struggling economy, and former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison for fraud.Mentioned in this podcast:Investors dump US bank shares amid fears over value of bond portfoliosMexico’s peso hits five-year high on interest rates and US benefitsFrance and UK aim to draw a line under post-Brexit tensionsFormer Goldman Sachs banker Roger Ng sentenced to 10 years for 1MDB fraudDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

EY employees were told that the plan to spin off the consulting business needs to be reworked, and Chinese president Xi Jinping is preparing to shore up financial stability at home while trying to keep up in an intense rivalry with the US over technology. Plus the FT’s Chris Giles explains just how bad a state the British economy is in.  Mentioned in this podcast:EY split paused amid partner infighting over fate of tax expertsWhat does Xi Jinping’s tighter regulatory grip on China mean for business?Cathie Wood’s flagship Ark fund tops $300mn in fees despite lossesThe UK economy has a London problem — but it’s not what you thinkDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Jay Powell warned US lawmakers that the Federal Reserve is prepared to return to bigger interest rate rises to fight inflation, and the US gender pay gap has barely budged in the past two decades. Plus, the FT’s Ortenca Aliaj explains how Hindenburg Research may have shorted Adani stocks.Mentioned in this podcast:How did Hindenburg short Adani stock?Jay Powell warns Fed is prepared to return to bigger interest rate risesWomen still struggling to close corporate America’s gender gapCredit: C-SPAN Federal Reserve Chair Testifies on Monetary Policy and the EconomyDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

FTX affiliate Alameda has sued crypto investment company Grayscale and its owner over the structure of their large bitcoin and ethereum trusts, Chinese companies are flocking to Switzerland to raise capital, and incoming Bank of Japan governor Kazuo Ueda has hinted that ‘yield curve control’ is unlikely to survive in its existing form once he takes the helm. Mentioned in this podcast:FTX’s trading affiliate Alameda sues Grayscale over crypto investmentsChinese companies choose Switzerland over US and UK to raise money overseasDitching bond yield cap will be tricky task for new Bank of Japan governorDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Huawei is lobbying to build the Malaysian government’s 5G network, China will aim for an economic expansion of “around 5 per cent” for 2023, Israel has been gripped by a bitter battle between supporters and opponents of proposed judicial reforms, and US President Joe Biden will soon issue his first presidential veto. Mentioned in this podcast:Huawei fights for role in Malaysia’s 5G rolloutChina’s military budget outpaces economic growth in shift to securityXi Jinping set to overhaul China’s economic policy team at watershed congressThe angry divide in Israel over the rule of law and religionJoe Biden expected to issue first presidential veto in anti-ESG voteCredit: SCMP Clips: China targets to boost gross domestic product by ‘around 5%’ in 2023  Credit: Reuters: Police in Israel use stun grenades on judicial reform protestersDownload the FT Edit app here: ft.com/fteditRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Tech companies and labs around the world are building a revolutionary new computer. Quantum computers harness the mysteries of quantum physics to perform calculations that seem impossible. The people building them say they’re going to change the world.In a new season of Tech Tonic, FT tech journalists Madhumita Murgia and John Thornhill investigate the race to build a quantum computer, the impact they could have on security, innovation and business, and the confounding physics of the quantum world.Are we really on the brink of a quantum revolution? And what will a future powered by quantum computing look like?Check out stories and up-to-the-minute news from the Technology team at ft.com/technologyPresented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

The US will launch a renewed crackdown on countries that are helping the Kremlin evade western sanctions, the world’s largest building materials group plans to move its listing from London to New York, and the FT’s Delphine Strauss explains why higher wages could undermine central banks’ battle against inflation. Mentioned in this podcast:US to launch new crackdown on Russian sanctions bustingBuildings giant CRH plans to move listing from London to New YorkGlobal economy: will higher wages prolong inflation?Download the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Salesforce reported better than expected earnings on Wednesday amid a fight with activist investors, Bridgewater Associates is set to cut about eight per cent of its workforce, and Chinese factories are on a charm offensive.Mentioned in this podcast:Salesforce earnings provide some respite amid activist fightBridgewater to cut jobs and cap flagship fund in post-Dalio overhaulChinese factories launch charm offensive for buyers after Covid isolationDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Goldman Sachs is going all in on asset management, Nigeria’s opposition parties are calling for a rerun of the presidential election over the weekend, and a London mansion tied to the Saudi royal family is up for sale and expected to fetch a record price.Mentioned in this podcast:Goldman Sachs explores ‘strategic alternatives’ for consumer businessLondon’s most expensive ever house sale lined up after Saudi loan expires Credit: CNBC Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effortTinubu leads disputed Nigerian vote as opposition calls for election rerunCredit TVC News Nigeria Bola Tinubu Commends Election ProcessDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Shell’s top executives explored moving the company to the US, and Britain and the EU clinched a deal on Monday to settle their dispute over Northern Ireland trading rules. Plus, the FT’s Robert Armstrong explains why the dance between investors and central banks has gotten dull.Mentioned in this podcast:Shell explored quitting Europe and moving to the USUnhedged: 2022 never endedEU and UK strike Brexit deal on Northern IrelandCredit: The Telegraph Rishi Sunak and Von der Leyen announce Northern Ireland Protocol dealDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Major US employers are reporting a dramatic improvement in hiring conditions despite official data, and the FT’s Aime Williams tells us what the World Bank might look like under the leadership of Ajay Banga. Plus, the FT’s Demetri Sevastopulo explains what the Chinese spy balloon saga means more broadly for the relationship between Beijing and Washington. Mentioned in this podcast:US companies say it is easier to hire despite low jobless rateAjay Banga, World Bank nominee must swap finance for climateBeyond the balloon: the US-China spy gameDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Nadia Parfan was travelling outside Ukraine when Russia invaded on February 24. Instead of remaining abroad, Parfan returned to her homeland, fearing isolation more than physical danger. She spoke with FT Weekend host Lilah Raptopoulos about a documentary she produced in partnership with the New Yorker, called “I Did Not Want to Make A War Film”. From a coffee shop in Kyiv, Parfan spoke to Lilah about making the film, life in Ukraine for civilians away from the front lines, and art as a form of resistance.Mentioned in this podcast:FT Weekend podcastDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

It’s been a year since Russia’s full-scale invasion of Ukraine. Ukraine MP Lesia Vasylenko describes waking up in a war zone that day and she argues that Russian war crimes must not be allowed to go unpunished.Mentioned in this podcast:Defence industry shares soar on western backing for UkraineThe Rachman Review podcastDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Investors are betting the European Central Bank will raise interest rates to all-time highs, and the FT’s Ben Hall explains the impact of the war in Ukraine on the country’s economy. Mentioned in this podcast:Investors ramp up bets on ECB lifting interest rates to all-time highBehind the Money PodcastFT Live: Putin’s war on Ukraine: One year onDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Consumer confidence in the eurozone is up, Moscow is buying influence in Africa on the cheap, and the FT’s Henry Foy explains how the war in Ukraine shattered illusions and shifted EU foreign policy. Mentioned in this podcast:European consumer confidence hits one-year high as energy crisis easesHow Moscow bought a new sphere of influence on the cheapHow Russia’s propaganda machine is reshaping the African narrative Download the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US President Joe Biden travels to Poland to mark one year since Moscow invaded Ukraine, the FT’s Felicia Schwartz discusses US response to the war over the past year and the FT’s John Paul Rathbone describes how the war has progressed.Mentioned in this podcast:Poland calls for security guarantees for post-war UkraineUK defence secretary: Russia’s ‘big’ Ukraine offensive advancing in ‘metres not kilometres’Germany faces repeat of 2015 refugee crisis as 1mn Ukrainians seek safetyDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

YouTube chief executive Susan Wojcicki is stepping down, the Pentagon is reviewing its weapons stockpiles after seeing how quickly ammunition has been used up in the war in Ukraine, and young Nigerians are the largest voting bloc in the country’s upcoming presidential election. Plus, the FT’s Clive Cookson tells us what else flies in the ‘forgotten space’ where the Chinese spy balloon was discovered. Mentioned in this podcast:YouTube chief executive Susan Wojcicki to step downUkraine war pushes US to review arms stockpilesNigeria’s ‘democracy generation’ makes its voice heard as polling day loomsSpy balloons, sky clutter and UFOs: what flies in the ‘forgotten space’?Download the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

World Bank president David Malpass will step down from his post at the end of June, US authorities have begun the year looking to further crack down on crypto companies, and Nicola Sturgeon announced her resignation as Scotland’s first minister after a backlash over her strategy for securing independence. Mentioned in this podcast:World Bank president David Malpass to step down in JuneUS crackdown turns up the heat on crypto marketNicola Sturgeon quits as Scotland’s first ministerDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US inflation declined in January though less than expected, Turkey’s president faces a backlash for an amnesty programme that forgave faults in millions of buildings, and humanitarian aid is finally reaching shell-shocked Syrians after last week’s earthquake. Mentioned in this podcast:Syrians left to fend for themselves as earthquake relief fails to materialiseErdoğan under fire as shoddy Turkish building standards exposed by earthquakeUS inflation cools slightly in JanuaryDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Nigeria’s highest court slapped a temporary ban on the plan to replace the country’s largest currency notes, and US regulators may ban non-compete clauses that stop workers from jumping to a rival company for a certain amount of time after quitting. Mentioned in this podcast:Nigeria’s top court halts botched plan to replace currency notesUS companies mount resistance to proposed ban on non-compete clausesFT Live: Putin’s war on Ukraine: One year onLina Khan on CNBCDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The earthquake in Turkey has worsened the plight of Syrian refugees who already face rising hostility, YouTube has rolled out a revenue sharing scheme to lure new content creators away from rival TikTok, and dark horse candidate Kazuo Ueda has upset expectations for the next Bank of Japan governor.Mentioned in this podcast:‘They hate us’: quake tests cohesion between Syrian refugees and Turkish hostsYouTube Shorts takes on TikTok in battle for younger usersDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

China has pulled back from an internet pipeline connecting Asia with Europe, activist investor Nelson Peltz has called off his fight against Disney, and Americans are expected to wager a record $16bn on Sunday’s Super Bowl. Plus, the FT’s Owen Walker talks about Credit Suisse’s worse-than-expected earnings report and the bank’s plan to save itself. Mentioned in this podcast:China pulls back from global subsea cable project amid US tensionsNelson Peltz calls off Disney proxy fightCredit Suisse slumps to biggest annual loss since financial crisisUS gamblers expected to bet record amounts on SuperbowlSound credit: CNBC: Activist investor Nelson Peltz declares Disney proxy fight is over after Iger unveils restructuringSound Credit: Ad Age's Super Bowl ArchiveDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Disney plans to cut 7,000 jobs to reduce costs, the UK competition regulator said Microsoft’s acquisition of video game maker Activision Blizzard would harm competition for UK gamers, and the seventh-generation leader of a European banking dynasty is taking the family’s company private. Mentioned in this podcast:Disney to axe 7,000 jobs in $5.5bn cost-cutting planUK regulator deals blow to Microsoft’s $75bn Activision dealActivision Blizzard chief: UK would lose out if it blocks Microsoft deal‘You can’t be half pregnant’: Why Rothschild is calling time on the public marketDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Federal Reserve chair Jay Powell said on Tuesday that reducing inflation would take a “significant period of time”, Turkey declared a state of emergency in areas ravaged by the region’s worst earthquake in decades, and the FT’s John Reed explains how allegations of stock manipulation at Indian conglomerate Adani present a challenge to the country’s institutions. Mentioned in this podcast:Erdoğan declares state of emergency in Turkey after deadly earthquakeDesperate victims of Turkish earthquake victims cry, pray and wait for newsThe Adani affair: the fallout for Modi’s IndiaSound credit: BBC NewsnightDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The UK Treasury and Bank of England are designing a “digital pound”, Google revealed plans on Monday to launch a chatbot to rival OpenAI’s popular ChatGPT, more than 11,000 residents of Nigeria’s oil-producing Niger Delta have filed a claim for compensation against Shell, and a ruling by a US court will make companies think twice about using bankruptcy schemes such as the Texas two-step to handle lawsuits. Mentioned in this podcast:UK to design ‘digital pound’ that could fend off a future private tech rivalGoogle reveals plans for chatbot ‘Bard’ as AI tech race heats upTalc ruling a blow to the ‘Texas two-step’ bankruptcy jigShell hit with damages claim by 11,000 Nigerians in UK High CourtBehind the Money episode about the Texas Two-StepThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US donor network led by billionaire industrialist Charles Koch has signalled it will oppose Donald Trump’s bid to secure the 2024 Republican presidential nomination, and European banks launch earnings season with healthy profits. Plus, the FT’s Robert Armstrong says the latest US jobs report is another piece in the US economic puzzle. Mentioned in this podcast:Billionaire Koch’s donor network says it opposes Trump’s re-electionUBS profits rise after Credit Suisse client defectionsDeutsche Bank delays buyback decision as annual profits hit 15-year highNo signs of US slowdown in surprisingly robust jobs marketCapture: who's looking after the children? | FT FilmUnhedged newsletterDownload the FT Edit app here: ft.com/fteditThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Big Tech companies reported earnings lacklustre yesterday, equities markets ended Thursday higher despite central banks tightening monetary policy, and US job growth is expected to have slowed for the sixth consecutive month. Mentioned in this podcast:Apple’s revenue growth streak snapped after supply chain woesMeta shares soar on resilient revenue and share buybacksECB raises rates by 0.5 percentage points as Lagarde commits to ‘stay the course’Bank of England raises interest rates by 0.5 percentage points to 4%FT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US Federal Reserve increased its benchmark interest rate by a quarter of a percentage point on Wednesday, Adani Enterprises called off its $2.4bn equity fundraising, and banks that lost billions from the Archegos Capital Management meltdown will get back as little as 5 cents on the dollar. Plus, the FT’s Cristina Criddle looks at a new social media app launched by the founders of Instagram. Mentioned in this podcast:Federal Reserve shifts to quarter-point rate rise but warns of more to comeAdani Enterprises calls off $2.4bn share saleBanks to recoup as little as 5 cents on the dollar in Archegos restructuringInstagram founders launch Artifact to rival Twitter and tackle misinformationFT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Hundreds of thousands of UK public sector workers set to walk out on Wednesday in co-ordinated action, the EU is set to unveil a draft plan today that loosens the rules around clean energy subsidies. Plus, the FT’s US markets editor Jennifer Hughes looked at how meme-stock companies are performing after raising capital during the pandemic meme stock frenzy.Mentioned in this podcast:EU plans to relax curbs on tax credits in response to ‘toxic’ US subsidiesMeme-stock groups have raised $5bn in 2 years since trading frenzyFT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The International Monetary Fund says that global economic growth has proven “surprisingly resilient” in its latest forecast, Renault and Nissan reached a deal to save their 24-year-old alliance and sources tell FT that the Biden administration has stopped providing US companies with licences to export to Huawei. Plus, South Africa’s unreliable power supply has slowed economic growth. Mentioned in this podcast:IMF raises growth forecasts as gas prices fall and China reopensWashington halts licences for US companies to export to HuaweiRenault and Nissan hammer out historic deal to salvage allianceSouth African businesses turn to diesel and solar panels as Eskom crisis deepensEU to relax curbs on tax credits in response to US green subsidiesFT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

India’s Adani Group has published an angry rebuttal of allegations of wrongdoing by short seller Hindenburg Research that wiped more than $50bn from its value last week, central banks prepare to lift interest rates to 15-year highs as investors’ jitters grow, and Walt Disney is bracing for a proxy battle with activist investor Nelson Peltz’s push for a board seat. Mentioned in this podcast:Adani rebuttal of short seller critique claims ‘calculated attack on India’Central banks prepare to lift interest rates to 15-year highs as investors’ jitters grow Peltz fixates on $71bn Fox deal in fight against Disney and IgerCNBC: Nelson Peltz lays out his case for Disney proxy fight, slams Fox acquisitionThe fight for Disney FT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK chancellor Jeremy Hunt will on Friday take on rightwing Tory MPs by rejecting calls for big tax cuts in his Budget, Brazil and Argentina’s leftwing leaders push ahead with common currency plan despite questions over unequal benefits, and Nigeria has begun a high-stakes attempt at London’s High Court to overturn an $11bn arbitration award.Mentioned in this podcast:Jeremy Hunt to defy rightwing Tory MPs by rejecting calls for Budget tax cutsEconomists question South American currency plan Nigeria begins UK court bid to overturn $11bn arbitration awardFT Weekend podcast FT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Tesla reported record revenues last quarter, the Bank of Canada signalled it would pause interest rate rises, and trillions of dollars each day are gushing into a US Federal Reserve facility designed to mop up excess cash in the financial system. Mentioned in this podcast:Tesla aims to build 1.8mn cars this year but warns of challengesUS economic growth set to have slowed in fourth quarter of 2022Investors pump trillions of dollars a day into ultra-safe Fed facilityBank of Canada signals likely pause in tightening after latest interest rate riseCentral banks should sacrifice ambitions of a perfect economic landing FT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Growth in Microsoft’s cloud computing business slowed further in the latest quarter but still did better than the software company and many analysts had predicted, the Qatar Investment Authority has doubled its stake in Credit Suisse, and Chris Hipkins has been sworn in as New Zealand’s next prime minister, replacing Jacinda Ardern.   Mentioned in this podcast: Qatar Investment Authority doubles stake in Credit Suisse‘Mr Fixit’ replaces Jacinda Ardern as New Zealand’s prime ministerFT podcast surveyBehind the 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Bonds issued by China’s highly indebted real estate developers have rebounded sharply over the past two months, the EU is on the brink of effectively severing ties with its biggest external diesel supplier, and pressure is mounting on Germany to send its highly prized Leopard tanks to Ukraine. Mentioned in this podcast:China property bonds rebound on support measures from BeijingOil market braces for fresh turmoil as EU prepares to cut off Russian dieselWhy are Ukraine’s allies arguing about tanks?‘Free the leopards!’: Tank row heightens Germany’s isolation over UkraineFT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Brazil and Argentina will this week announce that they are starting preparatory work on a common currency, advisers to western banks trying to exit Russia say a law introduced by Vladimir Putin is disrupting sales and allowing deals to be hijacked, and Elon Musk faces tough choices to meet financial obligations of his Twitter takeover financed by $13bn in debt. Mentioned in this podcast:Brazil and Argentina to start preparations for a common currencyWestern banks struggle to exit Russia after Putin intervention Looming Twitter interest payment leaves Musk with unpalatable optionsFT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Reed Hastings is stepping down as chief executive of Netflix, central bankers are making it clear to investors that they’re going to keep raising interest rates, companies are trying to find solutions to global supply chain kinks, and the FT’s Yuan Yang explains the power of collectively remembering pandemic lockdowns in China. Mentioned in this podcast:Netflix co-founder Reed Hastings to step down as chief executiveCentral bankers pledge to ‘stay the course’ on high interest ratesCompanies race to work around choke points in world tradeChina’s collective memories of the pandemic deserve to be preservedFT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US is set to hit the debt ceiling today and Microsoft plans to cut 10,000 jobs to bring down costs. Plus, the FT’s Katie Martin reports from Davos on the tense relations between the US and Europe over America’s new expensive green subsidies law.Mentioned in this podcast:EU makes green pitch to rival US subsidy splurgeMicrosoft to cut 10,000 jobs in push to bring down costsThe US hits the debt ceiling today. What happens next?FT podcast surveyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Goldman Sachs’ profits plunged by two-thirds last quarter while Morgan Stanley reported a 40 per cent year-on-year drop in net income, and companies are facing a record number of shareholder proposals about abortion policies. Plus, Beijing is changing tack in its efforts to secure a firmer grip on the country’s technology companies. Mentioned in this podcast:Morgan Stanley retains edge over Goldman due to booming wealth unitChina moves to take ‘golden shares’ in Alibaba and Tencent unitsChina tech stocks stage $700bn recovery rallyShareholders bring US abortion battle to the boardroomThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US Treasury secretary Janet Yellen will meet her Chinese counterpart Liu He in Zurich this week, a former Russian paramilitary soldier has promised to give evidence against the notorious Wagner group after making a dramatic escape to Norway, and scientists have unveiled a laser beam to deflect lightning strikes. Plus, as EU regulators slowly roll out their own Big Tech regulation enforcement, Berlin is already holding gatekeepers to account. Mentioned in this podcast:Yellen to meet Chinese finance minister in Zurich this weekWagner fighter seeks asylum after dramatic escape to NorwayHow Germany became Europe’s leading Big Tech trust busterScientists unveil laser beam to deflect lightning strikesThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Demand for ‘buy now, pay later’ deals has surged among all age groups in the UK, US regulators are cracking down on a type of investment vehicle used by private equity groups, and we’ll chat with the FT’s chief foreign affairs commentator Gideon Rachman as he heads to Davos.Mentioned in this podcast:US regulators crackdown on ‘collateralised fund obligations’Geopolitics threatens to destroy the world Davos madeBuy now, pay later demand soars among all age groups in the UKSpecial subscription offer: ft.com/briefingsale 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Annual US inflation fell in December to its lowest level in more than a year, and Sweden’s state-owned mining company LKAB has said it has discovered Europe’s largest deposit of rare earth metals. Plus, the FT’s Jonathan Wheatley and Farhan Bokhari discuss Pakistan’s financial crisis. Mentioned in this podcast:US inflation falls to lowest level in more than a yearPakistan secures more than $9bn of pledges for post-flood recoverySweden discovers biggest rare earths deposit in EUAccess 50% off a digital subscription FT.com/briefingsale 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Brussels is stockpiling drugs and obliging manufacturers to guarantee supplies, and Russian forces are stepping up attacks on the Ukrainian town of Soledar. Plus, the FT’s Peggy Hollinger explains why Virgin Orbit's failed satellite launch is such a big deal for Europe. Mentioned in this podcast:Virgin Orbit scrambles to establish why first UK satellite launch failedRussian forces may have scored rare success in battle near BakhmutMilitary briefing: Ukraine’s hopes lift as western allies assess tank coalitionWar in Ukraine costs Moscow more than its record energy revenuesAccess 50% off a digital subscription FT.com/briefingsale 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK staffers fired by Twitter claim their dismissals were conducted unlawfully, BioNTech has agreed to buy UK artificial intelligence start-up InstaDeep, and Toyota is confronting an “unprecedented” challenge to revive its electric vehicle sales. Plus, the FT’s Tom Wilson chats about the challenges facing Shell’s new chief executive, Wael Sawan.Mentioned in this podcast:Twitter hit with legal challenge from former UK staffToyota leasing unit warns of ‘unprecedented’ challenge to boost EV salesBioNTech buys UK AI start-up InstaDeep in £562mn dealWael Sawan, the Shell lifer taking helm to navigate energy transitionVirgin Orbit shares sink after rocket ‘anomaly’Access 50 per cent off of a digital subscription FT.com/briefingsale 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The White House is facing calls from the US Congress to expel former Brazilian president Jair Bolsonaro after Sunday’s insurrection, France is set to present a draft law that will raise the country’s retirement age. Plus, the FT’s Sun Yu explains why China is restricting certain domestic companies from going public. Mentioned in this podcast:White House under pressure to expel Jair Bolsonaro after Brazil protestsBeijing blocks listings of ‘red light’ companies to steer funding to strategic sectors‘We must work longer’: Macron prepares for fight over French pensions reformAccess 50 per cent off of a digital subscription FT.com/briefingsale 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Thousands of supporters of Brazil’s former rightwing president Jair Bolsonaro stormed the country’s capital, and America’s biggest banks are set to report another quarter of bumper profits. Plus, the FT’s Middle East editor Andrew England explains how Gulf nations’ sovereign wealth funds plan to invest the cash they’ve reaped from the recent boom in oil prices. Mentioned in this podcast:Supporters of Bolsonaro invade Brazil’s CongressThe new Gulf sovereign wealth fund boomThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The pace of US jobs growth is set to have slowed further in December, and clients pulled $8.1bn in deposits from crypto-focused US bank Silvergate late last year. Plus, the FT’s Pilita Clark comments on the slow death of the company phone number. Mentioned in this podcast:Pace of US jobs growth set to have slowed again in DecemberSilvergate shares tumble as crypto bank reveals $8.1bn fall in depositsThe strange death of the company phone numberThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

IMF deputy managing director says the Federal Reserve shouldn’t declare victory against inflation just yet, inflation in Europe is falling, and the World Health Organization has accused China of undercounting Covid deaths. Mentioned in this podcast:Fed wants ‘more evidence’ of easing inflation and backs fresh rate risesUS inflation has not ‘turned the corner yet’, top IMF official warnsFalling French inflation sparks hope of end to Europe’s price surgeChina has under-represented its number of Covid deaths, says WHOChinese celebrities’ Covid deaths subvert propaganda push to minimise outbreakLondon’s post-lockdown recovery in offices and hotels trailed European rivals  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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Downing Street says Britons could struggle to access healthcare this winter, Tesla and Apple shares both fell because of production issues in China, and retail investors are pouring into risky commodities markets. Mentioned in this podcast:Downing Street admits Britons will struggle to access the NHSTesla shares slide after deliveries fall short of Wall St expectationsApple’s market value falls below $2tn as tech rout hits iPhone makerCommodities trading boom raises fear of big losses among retail investorsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Economists say the UK will face one of the worst recessions and weakest recoveries in the G7 in the coming year, and The Netherlands may be the first country to hit the limits of growth. Plus, the FT’s Colby Smith explains how the Federal Reserve and other central banks settled on a 2 per cent inflation rate target. Mentioned in this podcast:UK faces worst and longest recession in G7, say economistsThe Netherlands may be the first country to hit the limits of growthOpinion: It is time to revisit the 2% inflation targetFT editorial board: Inflation targeting and the 2 per cent goalThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

FTX founder Sam Bankman-Fried’s bail is set at $250mn, Wall Street stocks slide after a round of upbeat economic data was released, and the FT’s Andrew Edgecliffe-Johnson reflects on the year in corporate news. Mentioned in this podcast:FTX founder Sam Bankman-Fried to be released on $250mn bond Big investors warm to bonds after historic 2022 sell-off boosts yieldsUS stocks sink after strong data support further monetary tighteningThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Big Tech groups are ditching offices that are part of their European headquarters to cut costs and Tesla has fallen below ExxonMobil in stock market value for the first time since 2020. Plus, the FT’s Claer Barrett explains how British families are coping with the sky-high cost of childcare. Mentioned in this podcast:US tech giants ditch European officesMoney Clinic Podcast: Childcare in crisisTesla share slide sends valuation below ExxonMobilThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Bank of Japan stunned markets with an unexpected change to its controversial yield curve control policy, and a group of FTX customers will try to secure quicker repayment for people who have money trapped with the defunct exchange. Plus, we take a look back at the biggest energy story of 2022. Mentioned in this podcast:Bank of Japan stuns markets with yield control policy changeFTX clients to vie for priority payouts in US bankruptcy caseThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US regulators settled a record breaking case against the maker of video game Fortnite, a former Wirecard executive told a Munich court that the collapsed German payments company was a “sloppily done fraud”, and a boom in mainland Chinese family offices setting up in Singapore is drawing in thousands of financial professionals.Mentioned in this podcast:Epic Games pays FTC $520mn to resolve ‘Fortnite’ claimsWirecard was ‘sloppily done fraud’, chief witness tells Munich courtBooming Chinese family offices recruit top bankers in SingaporeThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

EU member states have reached a deal on the world’s first major carbon border tax, New Delhi has stepped up spending on infrastructure in neighbouring countries, the world’s largest investment banks for the first time will earn more dealmaking fees in India this year than in China, a new generation of artificial tasks is able to do more jobs that previously only humans could do.Mentioned in this podcast:Brussels agrees to world’s first carbon taxIndia’s plan to take on China as south Asia’s favourite lenderInvestors seek to profit from groundbreaking generative AI start-upsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Global stocks tumbled after a broad group of central banks raised interest rates, and nurses in England, Wales and Northern Ireland went on strike. Plus, Argentina’s World Cup success is temporarily distracting Argentinians from economic and political turmoil. Mentioned in this podcast:US and European stocks tumble as global outlook soursMinisters reject nurses’ pay demand amid historic strikeWorld Cup: Lionel Messi mania diverts Argentina from its economic problemsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve slowed the pace of its interest rate increases, western sanctions are causing a steady degradation, rather than a dramatic collapse, of Russia’s economy, and billionaire Ray Dalio is teaming up with Titanic director James Cameron to invest in a luxury submarine maker. Mentioned in this podcast:Fed implements half-point rate rise as central banks enter new phaseRussia’s wartime economy: learning to live without importsBridgewater’s Ray Dalio invests in submarines for the ultra-richThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US inflation slowed for the second month in a row, the US has formally charged former FTX chief executive, Sam Bankman-Fried, with criminal conspiracy and fraud, and US scientists have made a breakthrough in a powerful clean energy technology.Mentioned in this podcast:US accuses Sam Bankman-Fried of conspiracy and fraud after FTX collapseUS shares and bonds surge as inflation hits lowest level since December 2021How US scientists moved one step closer to dream of fusion powerThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Sam Bankman-Fried, the former chief executive of bankrupt crypto exchange FTX has been arrested in the Bahamas, Goldman Sachs is considering cutting hundreds of jobs, Belgian police raided a European parliamentary office in a widening corruption scandal involving World Cup host Qatar, and Germany’s reliance on Russian gas has exposed a weakness that could derail the country’s economic success. Mentioned in this podcast:FTX founder Sam Bankman-Fried arrested in the BahamasGoldman considers hundreds of job cuts at consumer businessFresh raids as Qatar corruption scandal rocks BrusselsGermany confronts a broken business modelThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Environmental group Greenpeace has started legal proceedings against the UK government to try and block new North Sea oil and gas exploration licences, European oil companies are attracting US investors who view them as cheap compared to American energy stocks, and Pegasus spyware maker NSO Group is betting that victory by Benjamin Netanyahu will restore its fortunes.Mentioned in this podcast:UK oil and gas licensing faces legal challenge from environment groupsUS fund managers cross Atlantic to buy European oil stocksIsrael’s NSO bets its future on Netanyahu’s comebackThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US Federal Trade Commission says it will sue to block Microsoft’s $75bn acquisition of video game maker Activision Blizzard, and KLM’s chief executive has encouraged passengers to take the train rather than fly on some short-haul journeys. Plus, the FT’s John Paul Rathbone unpacks a military milestone in the Ukraine war. Mentioned in this podcast:FTC sues to block Microsoft’s $75bn acquisition of Activision BlizzardKLM chief encourages passengers to take the train to cut emissionsMilitary briefing: Ukraine drone strikes show Russia it has ‘no safe zones’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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US bond market is signalling that investors expect the Federal Reserve to stay the course in its battle to tame inflation, Peru’s congress impeached the country’s president just after he announced he was dissolving the legislature, and German police made arrests related to an alleged rightwing plot to overthrow the government. Plus, US supply chain disruptions have eased, which is helping to bring down inflation. Mentioned in this podcast:Bond market signals bets Fed will stand firm in battle against inflationPeru’s president dissolves congress ahead of planned impeachment voteGerman police uncover alleged rightwing plot to overthrow governmentUS straightens out supply chains after months of inflationary snarlsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US stocks slid and the price of Brent crude touched its lowest level since January, and China’s elderly are causing challenges for president Xi Jinping. Plus, the FT’s Alexandra Heal explains that more women in the UK are turning to sex work due to the struggling economy. Mentioned in this podcast:Brent crude oil falls below $80 for first time since JanuaryChina’s elderly vaccine refuseniks pose obstacle for Xi JinpingThe women turning to sex work to make ends meetThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US stocks fell after new data showed the US services sector grew last month, PwC plans to take advantage of uncertainty at EY by poaching some of its rival’s most senior executives, and China is catching up to Europe in EV battery production. Plus, the FT’s Working It podcast host, Isabel Berwick, talks about a multi-part series on the four-day work week. Mentioned in this podcast:US stocks stumble after hotter than expected services dataPwC targets rival EY in bid to expand partnershipWorking It podcast series: Four days work for five days pay Read: The 4-day week: does it actually work?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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Note: This episode incorrectly identifies Bank Benitez as the current chief executive of the company of Uncharted. He is the former chief executive. Read a transcript of this episode on FT.com  Hosted on Acast. See acast.com/privacy for more information.

EU and US officials meet today to discuss the effect Washington’s green subsidies plan is having on Europe and Opec is standing pat as the cartel awaits a price cap on Russian oil to go into effect. Plus, the FT’s Katie Martin explains how fund managers are struggling in the new era of higher interest rates. Mentioned in this podcast:Von der Leyen promises EU help for companies lured by US green subsidiesOpec+ says ready to adjust oil output as Russia embargo loomsA year of pain: investors struggle in a new era of higher ratesThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Brussels is pushing EU member states to agree to a $60 ceiling on global purchases of Russian oil and emerging market stocks and bonds are staging a strong rebound. Plus, a push by the UN to tighten corporate rules around net-zero pledges is sending shudders through some boardrooms, and the world’s largest active volcano, Hawaii’s Mauna Loa, erupted this week after lying dormant for nearly 40 years.   Mentioned in this podcast:Brussels seeks deal on $60 global price cap for Russian oilEmerging market stocks and bonds stage powerful rebound rallyGet ready for a net zero business backlashBoon for scientists as world’s biggest active volcano roars back to lifeUSGS: Mauna Loa eruption 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Federal Reserve chair Jay Powell signalled the central bank will start to slow the pace of interest rate increases, French president Emanuel Emmanuel Macron is meeting with US president Joe Biden today, and Eurozone inflation finally slowed down. Plus, we get the latest on the fallout from the FTX crypto collapse. Mentioned in this podcast:Jay Powell signals Fed will slow pace of rate rises next monthEmmanuel Macron to use US visit to highlight Ukraine war’s economic toll on EUEurozone inflation falls more than expected to 10%Crypto lender BlockFi files for Chapter 11 bankruptcyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

China is enlisting the help of tech giants to reduce its dependence on foreign semiconductor technology, the Federal Reserve is divided over how much to raise interest rates, and private equity firms are selling an investment product similar to the collateralised debt obligations that fuelled the 2008 financial crisis. Mentioned in this podcast:Fed officials in danger of splitting on future rate rises, warn economistsChina enlists Alibaba and Tencent in fight against US chip sanctions Collateralised fund obligations: how private equity securitised itselfAlibaba founder Jack Ma living in Tokyo since China’s tech crackdownThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Europe is importing a record amount of seaborne Russian gas, and Rolls-Royce has successfully tested hydrogen instead of conventional jet fuel to power a modern aircraft engine. Plus, the FT’s Europe-China correspondent, Yuan Yang, explains why the protests in China are supported by a rare nationwide coalition of interests. Mentioned in this podcast:Europe’s imports of Russian seaborne gas jump to record highRolls-Royce tests hydrogen-fuelled aircraft engine in aviation world firstChina’s zero-Covid protests create a rare nationwide coalition of interestsNews Clips: APThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Zero-Covid protests in Shanghai escalated on Sunday evening as police struggled to disperse large crowds who gathered in the city, and Iranian protests continue but businesses are reluctant to join. Plus, the FT’s Brussels bureau chief, Sam Fleming, discusses the EU’s latest refugee crisis. Mentioned in this podcast:China rocked by protests as zero-Covid anger spreadsChina’s zero-Covid protests create a rare nationwide coalition of interestsThe system is overwhelmed: Europe’s migrant influx‘Little readiness for general strikes’: Iranians put jobs before pro-democracy protestsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The FT’s chief economics commentator, Martin Wolf, discusses why geopolitics could be the biggest threat to globalisation. Mentioned in this podcast:Geopolitics is the biggest threat to globalisationThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Mortgage rates in the UK on five-year fixed deals have dipped below 6 per cent for the first time in nearly two months, and US retailers are facing their first real-terms fall in revenues since the global financial crisis this holiday season. Plus, the FT’s gulf correspondent, Simeon Kerr, explains why there’s so much pressure on Qatar as the country hosts the World Cup. Mentioned in this podcast:Mortgage rates on five-year fixes tip below 6 per cent US retailers face first real-terms fall in sales since financial crisisVideo: Qatar's World Cup legacyFIFA: Saleh Al-Shehri scores for Saudi Arabia vs Argentina! 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Austria’s central bank chief is calling for a third-straight 0.75 percentage point interest rate rise at the European Central Bank’s next meeting, Disney executives ousted Bob Chapek as CEO and re-installed Bob Iger, and oil prices had a hectic day yesterday but remain well below their summer peak. Plus, the UK’s appetite for bacon is back. Mentioned in this podcast:ECB’s Holzmann backs 0.75 percentage point increase in DecemberOil bounces off 10-month low after Saudi Arabia denies report on Opec supply boostDisney executives staged putsch against ousted CEO Bob ChapekDanish Crown to build £100mn UK plant as bacon demand reboundsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A report finds that large asset managers are invested in companies allegedly linked to the repression of Uyghur Muslims, and Lebanese households and businesses are installing renewables to bypass the country’s power crisis. Plus, the FT’s Kate Duguid explains why we’re starting to see cracks in the US Treasury bond market and whether there is cause for concern. Mentioned in this podcast:MSCI investors at risk of exposure to Xinjiang allegations, report saysLebanon’s failing state forces unplanned shift to solar powerThe cracks in the US Treasury bond marketThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The world’s largest cryptocurrency fund has become embroiled in the turmoil swirling around the troubled sector, Jeremy Hunt announces a £55bn fiscal squeeze as UK economic outlook darkens, and negotiators at the COP27 UN climate conference in Egypt burned the midnight oil to eke out an agreement before the conference closes today.Mentioned in this podcast:World’s largest crypto fund swept into FTX stormCOP27 enters frenetic final stretchCOP27: The loss and damage debate is intensifyingJeremy Hunt unveils £55bn fiscal squeeze as UK economic outlook darkensBad Blood © 2015 Apollo A-1 LLCThe 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. Topher Forhecz is the FT’s executive producer. The FT’s globa l head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK chancellor Jeremy Hunt is set to unveil a massive package of tax rises and spending cuts, crypto broker Genesis Trading suspended withdrawals, and Iraq is reeling from a massive corruption scandal. Mentioned in this podcast:Crypto broker Genesis Trading halts withdrawals at lending unitHunt prepares bid to repair Britain’s tarnished economic reputationIraq reels from $2.5bn tax ‘heist of the century’  FT Crossword appThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A landmark tech regulation law goes into effect in Europe, Russia targeted Ukraine’s power infrastructure in an air raid, and the Japanese Yen is rebounding from 32-year lows. Mentioned in this podcast:Yen rebounds from 32-year lows on hopes for slower Fed rate risesElon Musk’s Twitter on ‘collision course’ with EU regulatorsMilitary briefing: what’s next after KhersonThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Amazon is planning to cut about 10,000 jobs, Google got hit with its biggest US privacy penalty, and Beijing has a plan for China’s troubled property sector.Mentioned in this podcast:Amazon prepares for mass job cuts in latest sign of Big Tech belt-tighteningGoogle hit with its biggest US privacy penalty in $391.mn settlementChinese property stocks soar on hopes of turning point for sectorThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Digital asset exchanges are rushing to reassure clients that their funds are safe as the FTX collapse ricochets through the industry, a top Federal Reserve official says the US central bank is entering a new phase of policy tightening that will be harder to navigate, and Apple’s reliance on China leaves the business vulnerable to supply chain shocks.Mentioned in this podcast:Crypto exchanges race to soothe clients’ nerves after FTX collapseFed faces tough task deciding when to stop raising rates, official warnsApple’s bargain with BeijingThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Wondering where FT Weekend has gone? We've stopped publishing on the FT News Briefing feed! To subscribe to our own feed wherever you listen, click here: https://link.chtbl.com/ftweekend. Hosted on Acast. See acast.com/privacy for more information.

US stocks roared ahead on Thursday in their strongest day in more than two and a half years, and FTX's founder apologizes for the cryptoexchange's collapse. Plus, how a breakaway firm from PwC is testing western sanctions against Russia. Mentioned in this podcast:US stocks surge on lower than expected inflation dataSam Bankman-Fried apologises for FTX crisisAccountants in Cyprus break from PwC to retain Russia-linked clientsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Binance backs out of its deal with FTX, Joe Biden and the Democrats avoided sweeping defeats but still risked losing control of Congress to the Republicans, and the FT’s Rob Armstrong explains why a potentially divided Congress could hurt investors. Mentioned in this podcast:Republican blame game begins: ‘We want a genuine conservative’Unhedged: Divided government, diminished profitsBinance ditches deal to rescue rival crypto exchange FTXThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Americans voted in crucial midterm elections yesterday, cryptocurrency exchange Binance agreed to buy rival FTX, and TikTok has slashed its worldwide revenue targets for 2022 by at least $2bn.Mentioned in this podcast:Midterm elections 2022: what Republicans may do with a House majorityBinance rescues crypto rival FTXTikTok slashes revenue targets by at least $2bnTikTok overhauls US business following advertising slumpSwamp Notes: Memo to Dems: sanctimony won’t save the republicUzbekistan lobbies EU to lift sanctions on oligarchThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK prime minister Rishi Sunak says Britain and France are in the ‘final stage’ of reaching a deal over migrant crossings, and cyber experts are worried about misinformation on Twitter during the US midterms elections. Plus, the FT’s David Pilling explains why, despite $8.5bn, South Africa is having a hard time moving away from coal.   Mentioned in this podcast:UK and France in ‘final stage’ of reaching deal over Channel crossings, says SunakCyber experts warn of Twitter misinformation risk on eve of US electionSouth Africa warns $8.5bn climate package risks fuelling debt burdenThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The European Central Bank has clashed with UniCredit over the Italian lender’s plans to return cash to shareholders and its failure to leave Russia, the world’s leading semiconductor producer, TSMC, is battling to stay ahead as world demands ever-smaller chips, the US Supreme Court’s decision to toss out constitutional abortion protections takes employer involvement in women’s health up another notch. Mentioned in this podcast:ECB and UniCredit clash over capital plans and Russia presenceTSMC battles to stay ahead as world demands ever-smaller chips Corporate abortion policies further complicate choices for female staffThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Direct air carbon capture - taking carbon dioxide straight out of the air around us - sounds like science fiction. In this episode of Tech Tonic Pilita Clark visits Iceland to meet the engineers and scientists at the forefront of this new tech. Can carbon capture scale up quick enough to have an impact on climate change, or is it just an excuse to allow fossil fuel companies and emitters to keep polluting?Check out stories and up-to-the-minute news from the Technology team at ft.com/technologyTech Tonic is presented by Pilita Clark. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT’s 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.

In this special episode of the FT News Briefing, listen to our four-part series on the US midterm elections. We go around the country to learn about some of the key issues on voters' minds, from inflation to election denialism. Think of it as your crash course for the election on November 8. Mentioned in this podcast:How abortion rights are upending the US midterm elections‘The headwinds are pretty strong’: Democrats’ midterms hopes falterDemocrats fear loss in Nevada as Hispanic voters turn to RepublicansHow Arizona became ground zero for election deniersThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The climate crisis threatens the future of the planet. But don’t worry, technology will save us. At least that’s the message from startups, innovators and investors. Are they right? In a new season of Tech Tonic FT columnist and climate journalist Pilita Clark discovers the tech scene’s latest moonshot efforts to fight climate change, from sucking carbon straight out of the air to the apparent energy miracle of nuclear fusion. Will these technologies be ready in time, or are they a dangerous waste of money and resource at this most critical moment for our planet?Check out stories and up-to-the-minute news from the Technology team at ft.com/technology Tech Tonic is Presented by Pilita Clark. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

The US labour market appears to be cooling, the Bank of England raised interest rates by 75 basis points, the biggest increase in 30 years, and Russia has rejoined a deal to allow grain exports from Ukraine through the Black Sea. Plus, the FT’s Yuan Yang explains why Germany is reconsidering its dependence on trade with China. Mentioned in this podcast:Tech groups cut jobs and pause hiring amid ‘leaner times’Bank of England raises interest rates by 0.75 percentage pointsGermany struggles with its dependency on ChinaRussia agrees to rejoin Ukraine grain exports dealSubscribe to the FT Weekend podcastThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve raised interest rates by 75 basis points for the fourth time in a row and warned rates would ultimately have to rise to a higher level than previously expected. Plus, today in our US midterm elections series, we will look at “election denial” candidates who’ve campaigned on the assertion that the 2020 election results are illegitimate. Mentioned in this podcast:Fed signals slower for longer approach to future rate risesHow Arizona became ground zero for election deniersThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve is set to raise interest rates by 0.75 points for the fourth time in a row, and Pfizer raised its sales forecast for its Covid-19 vaccine by $2bn to $34bn on Tuesday. Plus, FT journalists examine whether Elon Musk will be able to run Twitter effectively in addition to several other companies. Mentioned in this podcast:Elon Musk has taken on two seriously difficult problems with TwitterTwitter Space recording: What can we expect from Twitter under Elon Musk?Pfizer lifts revenue outlook as Covid jab price rise boosts salesFed set to raise rates by 0.75 points for fourth time in a rowDemand for US workers rebounds despite Fed’s efforts to cool economyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Joe Biden calls on US Congress to tax oil companies until they pump more oil, and Renault and Nissan close in on a deal to reshape their partnership. Plus, the FT’s Latin America editor, Michael Stott, discusses the presidential election in Brazil. Mentioned in this podcast:Biden to float tax penalties on oil companies reaping record profitsLula keeps investors guessing on his economic vision for BrazilRenault and Nissan close in on a deal to save longtime alliance 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Moscow’s decision to suspend the Black Sea agreement will lead to fresh spike in prices, experts warn, Wall St bankers are under pressure to offer heavy discounts on debt issued to Elon Musk to fund his acquisition of Twitter, European and US banks are offering higher interest rates to lure cash deposits, and thousands of Chinese workers have fled the world’s largest iPhone factory because of a coronavirus outbreak and intolerable lockdown measures.Mentioned in this podcast:Lula wins Brazil presidential election in historic comebackWestern countries slam Russia’s decision to exit Black Sea grain dealMusk becomes media baron with Twitter deal amid Big Tech sell-offBanks are discovering that holding cash can be lucrative againTwitter Space: What can we expect from Twitter under Elon Musk?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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This is the last week you’ll hear FT Weekend on this feed! To subscribe to our own feed wherever you listen, click here: https://link.chtbl.com/ftweekend-------This week, we talk about the Hollywood blockbuster The Woman King, starring Viola Davis. It's an epic that features a group of women warriors fighting for the kingdom of Dahomey—and it's got a lot of Oscar buzz. Lilah goes behind the scenes with Academy-Award winning producer Cathy Schulman to discuss what it took to get it made. Then, we look into what happened to plant-based meat. A few years ago, it was all over the news—but the hype died down. Has it been absorbed into our diets, or was it just a fad?-------Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– The Woman King is available to watch in cinemas now across the UK and US.– Cathy's handbook on advancing gender parity in Hollywood: https://bit.ly/3NgKWeA – The FT’s review of The Woman King: https://on.ft.com/3DdbKI6– A profile of director Gina Prince-Bythewood by FT film critic Danny Leigh: https://on.ft.com/3DlUArE– Emiko’s piece on how inflation will affect plant-based meat: https://on.ft.com/3sGJNDI – Emiko’s Big Read on whether the appetite for plant-based meat has peaked: https://on.ft.com/3U4cKVN -------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-------If you want to try FT Edit (8 stories a day, hand-picked by senior editors), it’s available in the iOS app store here: https://apps.apple.com/gb/app/ft-edit/id1574510369-------Clips courtesy of Sony and Burger King.Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Big tech companies lost nearly $1tn in valuation this week, Credit Suisse announced a radical restructuring plan, and expats at KPMG’s Saudi Arabia office are blowing the whistle on working conditions there. Mentioned in this podcast:Brutal week for Big Tech with $1tn wiped off valuationsAmazon shares plummet after dismal sales forecast‘Radical surgery’: Will Credit Suisse’s gamble pay off?The plight of expat workers at KPMG Saudi ArabiaSubscribe to the FT Weekend podcastThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The International Energy Agency says the world’s fossil fuel consumption will peak at the end of this decade, and US GDP is expected to have increased in the third quarter. Plus, the FT News Briefing’s Sonja Hutson takes us to Pennsylvania, one of the many places where Republicans are making a play for Hispanic voters. Mentioned in this podcast:US GDP expected to have rebounded in the third quarterIEA forecasts fossil fuel demand will peak this decadeDemocrats fear loss in Nevada as Hispanic voters turn to RepublicansFT Podcast listener survey 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Alphabet reported an unexpectedly severe slowdown in its core search ads business, and the European Central Bank is going to start talks on shrinking its balance sheet. Plus, the FT’s Stefania Palma explains which US Supreme Court cases could have a major impact on businesses. Mentioned in this podcast:Alphabet shares knocked by sluggish revenue growthSolid cloud demand helps Microsoft offset PC market weaknessECB to start talks on shrinking balance sheet amid bond market turmoilFT Live event: Xi after the People’s Congress 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Chinese technology stocks sold off sharply after president Xi Jinping secured a third term as party leader. Plus, the FT’s chief features writer, Henry Mance, talks about former chancellor, and now prime minister, Rishi Sunak.Mentioned in this podcast:Rishi Sunak to become UK prime ministerChinese tech stocks tumble in US trading as Xi bolsters political powerDownload the FT Edit app 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

More FTSE-listed companies have issued profit warnings this quarter than at any time since 2008, and jet shortages are hitting airlines hard. Plus, the FT’s Eri Suguira explains why Toyota is struggling to produce fully electric vehicles. Mentioned in this podcast:Boris Johnson pulls out of Tory leadership raceToyota was a hybrid pioneer with the Prius but struggles to leap to electricAirlines hit by jet shortages in new challenge for aviationProfit warnings soar as UK companies struggle with costsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

To subscribe to FT Weekend wherever you listen, click here: https://link.chtbl.com/ftweekend-------Two hundred years after Jane Austen’s novels were published, adaptations are still going strong. This summer saw the release of Fire Island, a gay adaptation of Pride and Prejudice, and the Netflix original, Persuasion. Brooke Masters, our US investment and industries editor and a lifelong Jane Austen fan, and University of Maine literature professor Caroline Bicks, join Lilah to talk about the novelist’s enduring appeal. Then, the Boston Marathon has a new non-binary gender category. This is one of three approaches to trans inclusion that elite sports have taken so far. Lilah invites US sports business correspondent Sara Germano on to discuss.-------Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– To subscribe to FT Weekend on its own feed in Apple podcasts click here: https://podcasts.apple.com/gb/podcast/ft-weekend/id1179847741– Brooke is on Twitter @brookeamasters. Sara is on Twitter @germanotes – The FT’s review of Fire Island: https://on.ft.com/3gtH11R and Netflix’s Persuasion: https://on.ft.com/3MTbB0X – A recent FT Magazine piece by Sara: ‘What next for Brittney Griner – and for women’s sport?’ https://on.ft.com/3eUMbDG– To stay up to date on the business of sports, you may like the FT newsletter Scoreboard: https://www.ft.com/scoreboard-------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-------Clips courtesy of Paramount, SearchLight Pictures, Sony Pictures, Miramax and Universal.  -------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Liz Truss resigned as UK prime minister on Thursday. We’ll look at the political fallout, impact on economic policy, and what it means for ordinary Brits. Mentioned in this podcast:Succession battle begins after Liz Truss quits as UK prime ministerHunt still has a fiscal hole to fill, but Britain’s fabric is frayingSubscribe to the FT Weekend podcastThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK lawmakers plan to introduce legislation making rail strikes harder, private sector attendance at China’s Communist party congress has fallen by almost 50 per cent since Xi Jinping assumed power, and Republicans are banking on the inflation issue to win them control of the US Congress during this year’s midterm elections.  Mentioned in this podcast:Corporate China shut out of Xi Jinping’s party congressUK government to curb unions’ ability to strike on transport network‘The headwinds are pretty strong’: Democrats’ midterms hopes falterThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Netflix stemmed its subscriber losses in the third quarter and Russia is using Iranian drones in its war against Ukraine. Plus, Europe’s top private equity firm, CVC Capital Partners, is preparing to go public and the move has implications for the whole sector.Mentioned in this podcast:Netflix shares jump as it gains 2.4mn new subscribersCVC’s biggest bet yet: the fiercely private buyout firm set to go publicMilitary briefing: Russia rolls out Iranian drones to ‘terrorise’ UkraineThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Strong US bank earnings reports pumped up Wall Street stocks and new UK chancellor Jeremy Hunt scrapped the bulk of his party’s controversial proposed tax cuts. Plus, Disney agreed to release ‘Black Panther: Wakanda Forever’ in French cinemas next month but warned that its biggest movies may go straight to streaming in 2023. Mentioned in this podcast:Wall Street stocks rally as traders turn to corporate earningsJeremy Hunt scraps tax cuts and slashes energy package in bid to calm marketsDisney warns France that future blockbusters may bypass cinemasSubscribe to the FT Weekend podcast hereTell the FT News Briefing: How are you handling the UK’s cost of living crisis?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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

China’s leader Xi Jinping is set to begin his third-consecutive five-year term, and the UK’s Jeremy Hunt starts his first full week as the country’s latest chancellor of the Exchequer. Plus, the US Federal Reserve’s aggressive interest rate hikes are boosting US banks’ bottom lines. Mentioned in this podcast:US banks gain from Fed rate hikes while keeping deposit interest lowXi Jinping heralds ‘critical time’ in history as he prepares for third term in powerCan anything save Liz Truss?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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week we speak with Shirin Neshat, one of the most famous contemporary artists from Iran, about the protests in her home country. Shirin’s work focuses on the lives and struggles of Iranian women. The protests have been raging for a month, which, as Shirin says, makes them the longest-running demonstrations since the 1979 Islamic revolution. We talk about what they mean, why this time they’re different, and her art, some of which has been recently projected on buildings in London and Los Angeles. Then, we hear about a new trend in drug research. Scientists can now grow entire human mini-organs in labs. Could that lead to a world without animal testing? The FT’s Clive Cookson and Hannah Kuchler join us to discuss.-------Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– Shirin Neshat is on Instagram at @shirin__neshat– Shirin’s video installation Turbulent, 1998: https://www.youtube.com/watch?v=VCAssCuOGls– Some photos of Shirin’s Women of Allah series: https://www.matronsandmistresses.com/articles/2021/4/29/shirin-neshat – Baraye, by Shervin Hajipour https://www.youtube.com/watch?v=TPyHuCZzsVA – An interview with Shirin in the FT from September 2021: https://on.ft.com/3zVaVk8– How science is getting closer to a world without animal testing, by Clive, Hannah and Joe Miller: https://on.ft.com/3SPlFuA– Hannah is on Twitter @hannahkuchler, and Clive is on Twitter @clivecookson– Subscribe to the FT Weekend podcast.-------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 GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Investors shrugged off another high US inflation report and Liz Truss could be about to rip up her ‘mini’ Budget. New US export controls force global semiconductor equipment makers to suspend sales and services to Chinese chip companies. Mentioned in this podcast:US consumer prices rise sharply despite Federal Reserve rate increasesUS stocks shrug off early declines following hot inflation reportLiz Truss in crisis talks on new tax cut U-turnWorld’s top chip equipment suppliers halt business with ChinaThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Emerging economies have seized price discounts to buy cheaper Russian oil, and the FT News Briefing election series will take listeners around the US to hear what’s on voters’ and candidates’ minds as they head into elections this November that will determine which party controls Congress.Mentioned in this podcast:How abortion rights are upending the US midterm electionsCrisis hit Sri Lanka snaps up cheap Russian oil The Rachman Review podcastThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Volodymyr Zelenskyy called on G7 countries to speed up supplies of air defence systems after another day of Russian missile attacks, and the biggest US banks will signal worries about the economy in third-quarter earnings reports and analysts expect them to set aside more than $4bn to cover potential losses from bad loans.Mentioned in this podcast:US banks to set aside $4bn for potential losses from bad loansBank of England warns of ‘fire sale’ risk as it widens government bond purchasesThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Britain’s largest global law firms are struggling to attract and retain staff in the US after the sterling’s drop in value, and the European Commission’s vice-president warned the Federal Reserve’s interest rate rises could lead to a global recession. Plus, the FT’s Taylor Nicole Rogers reports that higher mortgage rates are weighing on the US property industry.Mentioned in this podcast:Sterling slump threatens US expansion plans of 'magic circle' law firmsFed-led dash for higher rates risks ‘world recession’, warns EU’s top diplomatUS property sector braces for job cuts as rate rises crush home salesThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US and Germany are leading calls to overhaul the World Bank to better address climate change, ships carrying Ukrainian grain are stuck in a Black Sea backlog, and protesters in Iran are moved by a viral song that was inspired by their social media posts. Plus, the FT’s Rana Foroohar tells us about American farmers’ efforts to survive in a post-globalisation world. Mentioned in this podcast:Reinventing farming and food post-globalisationBacklog of ships strains Ukraine-Russia Black Sea export dealUS and Germany lead calls for climate action at World Bank meetingsIranian celebrities fan the flames of anti-regime protestsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This weekend, we discuss Industry on HBO with chief features writer Henry Mance. The show is part of a trend: like Succession and Euphoria, it depicts a pretty harsh version of the world we live in. So why do we keep getting sucked in? Then you'll hear a conversation between star psychologist Esther Perel and FT contributing editor Lucy Kellaway from the FT Weekend Festival. They discuss how remote work might change us, whether TikTok is teaching kids to be anxious, and more. Listen wherever you get your podcasts, or at ft.com/ftweekendpodcast.-------Here’s the link to leave us a message for our listener callout: https://sayhi.chat/6gci2What’s a topic people would find boring, but you think we could make interesting on the podcast? Challenge us!-------Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– The entire Esther Perel and Lucy Kellaway conversation is here: https://youtu.be/BjdvwbJyyxo– Henry on Industry Season 1: Has TV finally captured the reality of the City in BBC series Industry? https://on.ft.com/3yn8MPu – Henry writing about being on Industry: https://on.ft.com/3ypgl8n – Lucy Kellaway writes about her conversation with Esther: https://on.ft.com/3ynuGlM  – Esther’s podcasts are called Where Should We Begin? And How’s Work?– Henry is on Twitter @henrymance. Lucy is on Twitter @lucykellaway. Esther is on Instagram and Twitter @estherperelofficial and @estherperel-------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 GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The pace of US job growth is expected to have cooled in September, Ukrainian forces are continuing their counteroffensive in the southern part of their country, and China keeps trying to pick off Taiwan’s allies.  Mentioned in this podcast:US jobs growth expected to have cooled in AugustRussian troops retreat from front lines in southern UkraineRussia’s invasion of Ukraine in maps — latest updatesParaguay calls for Taiwan to invest $1bn to remain alliesThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Opec+ is cutting oil output to prop up prices, the FT and Nikkei ranked the most popular US cities among foreign businesses, and this week’s Rachman Review podcast focuses on the massive protests in Iran.Mentioned in this podcast:Opec+ agrees to cut output by 2mn barrels a dayMiami tops FT-Nikkei ranking of best US cities for foreign businessesRachman Review podcastThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Elon Musk is offering to follow through on his deal to buy Twitter, Russians are fleeing the country after Putin announced a conscription army, and the FT’s Ed White explains why China is having trouble transitioning to a new growth model. Mentioned in this podcast:Elon Musk proposes buying Twitter for originally agreed $44bnDesperate Russians fleeing Putin’s war draft stream into KazakhstanChina after the property boom: can it rebuild the growth model?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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The UK government reversed course on a tax cut, Brazil’s president Jair Bolsonaro defied expectations in the first round of election voting, and Credit Suisse is trying to reassure investors that rumours about its financial health are overblown. Plus, the FT’s James Kynge tells us how China’s property market crash is hurting local governments. Mentioned in this podcast:Pound and gilts gain after Truss changes course on 45p tax rate cutJair Bolsonaro’s ‘beef, bible and bullets’ coalition is here to stayBrazil braced for tense presidential runoff between Lula and BolsonaroCredit Suisse CDS hit record high as shares tumbleHow big is the capital hole at Credit Suisse?China’s property crash: ‘a slow-motion financial crisis’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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Opec+ is planning to cut oil production, and Tories are in Birmingham for their annual party conference while demonstrations against the cost of living crisis spread across the UK. Plus the FT’s Peggy Hollinger tells us what the US space agency Nasa is planning to do once the International Space Station is decommissioned. Mentioned in this podcast:Kwarteng prepares to defend tax cuts as Tory rebellion mountsLiz Truss admit mistakes but sticks to controversial tax cuts plan The race to reinvent the space station Lula frontrunner as Brazil votes in bitter presidential electionThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Writer Jamaica Kincaid is one of the best known writers on race and colonialism in the US. Her writing is biting and fearless, and she’s been a keen observer of her native Antigua and the US since publishing her first essay in 1973. This week she joins Lilah together with the FT’s Enuma Okoro in a recording made at the recent FT Weekend Festival in London. Then we share some conversations we had in person with listeners during the festival.-------Here’s the link to leave us a message for our listener callout: https://sayhi.chat/6gci2We’re challenging you to challenge us with a topic that most people would think is boring, and that you want us to make interesting on the podcast!—---- Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– Full recording of the conversation with Jamaica and Enuma: https://www.youtube.com/watch?v=LOB10hGIhwM&t=2s-Jamaica’s classic book A Small Place about Antigua: https://tinyurl.com/mshm32ha-A great recent essay by Jamaica Kincaid on gardening: https://www.newyorker.com/magazine/2020/09/07/the-disturbances-of-the-garden-Enuma’s essay on pleasure: https://tinyurl.com/59eda3vm-And another on how our spaces shape us: https://tinyurl.com/ycxt2uv4 -------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 GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Russia plans to annex four regions of Ukraine today, turmoil in UK markets is spilling over on to global bond markets, and Germany announced a €200bn aid package to lower energy prices. Mentioned in this podcast:Russia to annex four Ukrainian regionsGlobal stocks and bond prices fall after gains in previous sessionGermany deploys ‘economic clout’ with €200bn energy aid packageThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The UK's tax cutting plan is a political liability, the EU announced another round of Russian sanctions, and Brazil is days away from a monumental presidential election. Mentioned in this podcast:Tory MPs question Kwasi Kwarteng’s future as market turmoil continuesBrazil’s election and the search for an economic revivalJair Bolsonaro’s supporters reject bad news from Brazil election polls‘It cannot be the madness that it is today’: what’s next for Petrobras?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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The IMF is criticising the UK’s tax cut plan, the US is pressing EU countries to speed up and increase the financial support for Ukraine, and the head of crypto lender Celsius Network resigned on Tuesday. Plus, officials in Europe say suspicious leaks on two Russian gas pipelines in the Baltic Sea are likely the result of sabotage. Mentioned in this podcast:IMF urges UK to ‘revaluate’ tax cuts in biting attack on fiscal planUS presses EU to speed up financial aid to UkraineDenmark, Germany and Poland warn of sabotage after Nord Stream leaksMashinsky resigns as head of Celsius NetworkFt.com/briefingsaleThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

China’s economic output will lag behind the rest of Asia for the first time since 1990, according to new World Bank forecasts, the Bank of England failed to reassure markets as the pound continued tumbling and the US is trying to boost access to uncensored internet in Iran. Plus, the FT’s Amy Kazmin explains why Italy chose a far-right government to lead the country in Sunday’s snap election Mentioned in this podcast:China growth falls behind rest of Asia for first time since 1990Giorgia Meloni’s rightwing bloc storms to Italian election victoryElon Musk offers Iranians uncensored internet accessBank of England and Treasury seek to steady sterling after heavy fallsFT.com/briefingsale 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK chancellor Kwasi Kwarteng has vowed to double down on his controversial tax-cutting drive despite investor jitters, at least 41 people have died in protests in Iran sparked by the death of a young woman who was arrested for allegedly violating Islamic dress code. Plus, the FT’s Polina Ivanova explains how Russia’s military conscription is affecting remote regions of the country. Mentioned in this podcast:Radical UK budget prompts backlash on Tory backbenchesInvestors warn Kwarteng that fiscal plan threatens markets’ confidence in UKDeath toll from Iranian protests climbs to 41‘Everyone will get snatched off the street’: mobilisation brings Ukraine war home to RussiansFT.com/briefingsaleThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

NFTs were a big sensation, but the market for them has crashed. This week, we invited a crypto-sceptic, FT columnist Jemima Kelly, to answer all the questions you were afraid to ask. What are NFTs exactly? What happened with them? And have they changed the way we think about art? Jemima hosts the latest season of our FT podcast Tech Tonic, which is all about the cult of crypto.-------Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– Tech Tonic is available wherever you listen to your podcasts, or at www.ft.com/tech-tonic. The episode on NFT mania is here– Jemima’s most recent column, ‘Don’t believe the maximalists: bitcoin can’t be separated from crypto’: https://on.ft.com/3SaAAia – Jemima is on Twitter @jemimajoana-------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 GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Several EU member states are pushing for hard-hitting measures against Russia and a UN policy memorandum argues Pakistan should suspend international debt repayments. Plus, the FT’s Katie Martin explains why the Bank of Japan would keep interest rates in negative territory and prop up the yen. Mentioned in this podcast:Poland and Baltic states push for harsher EU sanctions against RussiaFlood-hit Pakistan should suspend debt repayments, says UN policy paperJapan intervenes to prop up yen for first time since 1998ft.com/briefingsale 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 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 interest rate by 0.75 percentage points for the third time in a row on Wednesday, and Credit Suisse has drawn up plans to split its investment bank in three. Plus, the FT’s Hannah Murphy explains how companies, and the negotiators they hire, deal with a ransomware attack. Mentioned in this podcast:Jay Powell refuses to rule out US recession after third 0.75% rate riseThe ransomware game: test your skills in the world of hackers and negotiators Credit Suisse considers splitting investment bank in threeFT.com/briefingsaleThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve is expected to raise interest rates by 0.75 per cent today, Goldman Sachs is expanding its transaction banking business in Europe, and former Uber chief executive Travis Kalanick has tried to keep his new “dark kitchens” venture as secretive as possible. Mentioned in this podcast:Federal Reserve set to raise benchmark interest rate Goldman Sachs hunts new revenues in EU transaction banking pushTravis Kalanick expands ‘dark kitchens’ venture across Latin AmericaMicrosoft invests in Travis Kalanick’s CloudKitchens start-upFT.com/briefingsale 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Two Turkish banks have halted the use of Russia's payment system, two global energy agencies estimate it would cost $1tn to avoid the catastrophic effects of climate change, and pension funds in Europe and Australia pressured asset manager Federated Hermes to stop sponsoring a group of US officials who oppose action on climate change. Plus, Swamp Notes columnists Ed Luce and Rana Foroohar discuss what’s behind the US Democratic party’s rebound heading towards midterm elections. Mentioned in this podcast:Turkish banks suspend Russian Mir cards amid US sanctions pressureInvestment of $1tn a year needed for 2030 climate goals, report findsUnder-fire US fund manager pulls controversial sponsorship of climate scepticsJoe Biden comes out swinging as Democrats sense midterms momentum shiftBiden’s Lazarus-like opportunity 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Markets are increasingly betting on policymakers raising borrowing costs higher and faster, an FT-IGM survey shows economists expect the US central bank will lift its benchmark policy rate above 4 per cent and hold it there beyond 2023, and the market downturn has sparked the longest tech IPO drought in more than 20 years. Plus, the FT’s Kadhim Shubber talks about his investigation into the fall of high flying cryptocurrency lender Celsius Network.Mentioned in this podcast:Central banks set to hit peak rates higher at faster paceFed to keep interest rates above 4% beyond 2023, economists predictMarket downturn brings longest tech IPO drought in decades Inside Celsius: How one of crypto’s biggest lenders ground to a haltAlex Mashinsky took control of Celsius trading strategy months before bankruptcyThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week we discuss how young people view the late Queen Elizabeth with journalist Imogen West-Knights and our own producer Lulu Smyth. For many Millennials and Gen Zers, the first royal succession in 70 years is also the first time they’ve considered their stance on the monarchy more broadly. And it’s eliciting some mixed feelings. Then, we explore how we’re spending money on culture now. The FT’s US business editor Andrew Edgecliffe-Johnson explains all the ways our post-pandemic restlessness is colliding with growing inflation. It turns out we’re now more discerning in how we stay in and how we go out.Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:Imogen’s dispatch from Buckingham palace: https://on.ft.com/3eVMr50 The FT Weekend essay this week, ‘King Charles and the future of the monarchy’: https://on.ft.com/3qPsVcM Edge and Lilah’s conversation on Instagram live: https://www.instagram.com/reel/Ch20tSdJQ8v Imogen is on Twitter @ImogenWK. Edge is on Twitter @Edgecliffe. -------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 GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

China’s local government financing vehicles are bailing out cities and provinces that are struggling for cash, and UK prime minister Liz Truss is making a last-ditch effort to convince SoftBank to list its British chip maker, Arm, in the UK. Plus, the FT’s global business columnist Rana Foroohar argues that America’s wealthiest are making bad inflation worse. Mentioned in this podcastChina’s local government financing vehicles go on land buying spreeLiz Truss prepares fresh bid to persuade SoftBank to list Arm in LondonEveryone pays the cost as the rich keep spendingVladimir Putin acknowledges Chinese “concerns” over Ukraine 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US and EU are concerned that Russia can use Turkish banks to evade financial sanctions, Porsche tries to catch up to Ferrari with an initial public offering of its own, plus, the FT’s Latin America editor Michael Stott talks about record migration throughout the Americas. Mentioned in this podcast:US and EU step up pressure on Turkey over Russia sanctions Porsche IPO: the race to catch Ferrari Repression and poverty trigger record migration crisis in the AmericasRachman Review podcastThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A worse than expected US inflation report triggered a Wall Street sell-off, Twitter whistleblower Peiter Zatko testified in front of a US Senate committee about alleged security lapses at the social media site, and the US is struggling to put together an alliance to address computer chip supply chain issues. Mentioned in this podcast:Rising inflation sparks fears of hard landing for US economyUS stocks slide after ‘hotter’ than expected inflation readingWhistleblower accuses Twitter of putting ‘profits over security’US struggles to mobilise its East Asian ‘Chip 4’ allianceThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US inflation is expected to have eased due to falling energy prices and Ukraine has regained momentum fighting back the Russian invasion. Plus, Ruchir Sharma tells us why he thinks the dollar may not be the world’s dominant currency for much longer. Mentioned in this podcast:Pace of US consumer price growth expected to have eased in AugustA post-dollar world is comingUkraine’s defence minister warns of Russian counter-attackThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

King Charles heads to Scotland today, UK financial markets are bracing for Liz Truss’s energy package, and Russia’s Gazprom is making record profits even though it’s shipping a fraction of the gas to Europe that it did last year. Mentioned in this podcast:King Charles seeks to fortify the UK with tour of nationsQueen Elizabeth II: inside the royal financesUK energy package will weigh on gilts and pound, analysts warnHigh gas prices help Gazprom compensate for supply cutsUkraine’s Reznikov warns on Russian counter-attackThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Queen Elizabeth II has died after a 70-year reign. This weekend, we reflect on her legacy, life and cultural impact with FT Weekend editor Alec Russell. Then, producer Lulu Smyth takes us to meet the people gathered outside Buckingham Palace.-------Links: Simon Schama, ‘Elizabeth II: an appreciation’: https://on.ft.com/3qsNI64Jo Ellison, ‘The Queen’s constancy never went out of style’: https://on.ft.com/3qpwOVF -------Special offers for FT Weekend listeners can be found here: http://ft.com/weekendpodcast-------Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Queen Elizabeth II, Britain’s longest-serving monarch, has died aged 96, Buckingham Palace has announced. The FT’s Miranda Green examines this moment, and what King Charles III’s assumption to the throne will mean for the royal family. Mentioned in this podcast:Queen Elizabeth II dies aged 96The Queen's jubilee: How Britain has changed since 1952The 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Chinese companies have raised six times as much money through share sales in Europe than the US this year, and European farmers expect a sky-high food prices and droughts this winter. Plus, the FT’s Frankfurt bureau chief, Martin Arnold, explains why the European Central Bank is finally getting hawkish. Mentioned in this podcast:Europe tops US on Chinese listings for first timeECB makes hawkish shift as inflation surge shreds faith in modelsFarmers and producers warn of winter food shortages in EuropeInstagram Live: Trumpism's influence in US politicsThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The EU is considering a windfall tax for energy companies, Zambia’s IMF bailout is a test for countries that have defaulted on Chinese debt, and US regulators are cracking down on bankers’ use of messaging apps. Mentioned in this podcast:EU plans windfall tax to counter ‘astronomic’ energy billsZambia’s $1.3bn IMF bailout to test how China handles defaultsWall Street’s $1bn messaging ‘nightmare’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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Liz Truss will be the next UK prime minister after winning the Tory leadership race, Opec+ agreed on Monday to cut crude supply in a bid to prop up oil prices, Russia switched off Europe’s main gas pipeline until sanctions are lifted, and Singapore has become a haven for Chinese elite who are fleeing strict coronavirus lockdowns and potential blowback from geopolitical tensions. Mentioned in this podcast:Brussels pushes for EU-wide caps on gas priceLiz Truss to be UK prime minister after winning Tory leadership raceOpec+ agrees to cut crude supply in push to lift oil pricesRussia switches off Europe’s main gas pipeline until sanctions are liftedCrazy Rich relocations: Singapore becomes a haven for Chinese eliteTwitter Space: Liz Truss will be UK prime minister. What should we expect? 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The oil producing cartel is meeting today and will consider a cut in oil supply to prop up prices, and UK Conservative Party members will vote today on a new leader to replace Boris Johnson. Plus, the FT’s Jemima Kelly tells us about the the passion of crypto believers she met for this season of the FT’s Tech Tonic podcast. Mentioned in this podcast:Liz Truss promises economic action from Day 1 of premiershipOil supply cuts on table as Opec+ meets amid crude sell-offTech Tonic: A sceptic’s guide to crypto 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week, guest host Topher Forhecz is joined by Los Angeles bureau chief Chris Grimes to hear about the future of TV's streaming wars. Since the pandemic, streaming services have poured huge amounts of money into new content, but it's unclear how long this boom will last. Then, we talk to Nature Therapy columnist Jonathan Guthrie about bees. He's estimated that we owe bees nearly $160bn for their pollination services. What's at stake if we can't repay that debt? -------Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– Chris Grimes’ piece on the peak of TV streaming: https://www.ft.com/content/0e95cf55-dda1-4f63-bb6b-bf475f974f30  – Jonathan Guthrie’s Nature Therapy column, ‘Our £135 bn debt to the humble bee’: https://www.ft.com/content/286dff35-9634-4fd7-9497-3d2de3a555a4   -------Special offers for FT Weekend listeners can be found here: http://ft.com/weekendpodcast -------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco Clip from Prime Video.  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US releases the latest jobs numbers today and analysts expect the pace of positions added to have slowed in August, eurozone unemployment fell to an all-time low of 6.6% of the workforce, the cruise industry is recovering from the pandemic but the industry now faces resistance from politicians and climate activists, and US officials have told semiconductor maker Nvidia it will need special licences to sell high-end processors to Chinese customers. Mentioned in this podcast:US Jobs growth expected to have slowed in AugustEurozone jobless rate hits record low of 6.6% in JulyThe cruise ship conflictGrowing evidence that Covid-19 is leaving people sicker US blocks Nvidia AI chip exports to ChinaThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Russia has halted the flow of gas through the Nord Stream 1 pipeline to Europe for three days, and the EU has agreed to suspend a visa deal with Moscow. Plus the FT’s John Paul Rathbone explains why Ukraine’s counter-offensive in the south of the country could be a gamechanger in the war. Mentioned in this podcast:Russia shuts down Nord Stream gas pipeline to EuropeEU rips up Russia visa deal in victory for eastern member statesMilitary briefing: Ukraine makes its move with Kherson counter-offensive 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The world’s second-largest cinema chain incorrectly reported the identity of its largest shareholder, and ExxonMobil is contesting Vladimir Putin’s decree blocking the oil company from exiting Russia. Plus, economists are debating the impact that US president Joe Biden’s student loan forgiveness programme will have on inflation. Mentioned in this podcast: Cineworld incorrectly reported its largest shareholderExxonMobil contests Kremlin decree blocking its pullout from RussiaJoe Biden’s student debt cancellation triggers ‘inflationary fire’ fearsFT Weekend Festival: ft.com/ftwf  Discount code: FTWFxPodcast22The 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Morgan Stanley has tapped a lawyer to keep an eye on its block trading, and airlines are bracing for a chilly winter. Plus, Liz Truss, the frontrunner to be UK prime minister, has been talking tough with US officials but is likely to keep UK-US ties on track.  Mentioned in this podcast:Morgan Stanley orders internal lawyer to supervise block trading deskAirlines braced for grim winter as slowdown threatens recoveryInside Liz Truss’s not so special relationship with the USNew York Yankees and LA fund join investors in AC MilanThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Financial markets are bracing for a longer period of high interest rates, EU foreign ministers are set to suspend the bloc’s visa facilitation agreement with Moscow, and Alibaba is trying to manoeuvre a rebound. Plus, the FT’s Stefania Palma explains why the US antitrust officials are targeting the $10 tn private equity industry. Mentioned in this podcast:Jay Powell says Fed will ‘keep at it’ in hawkish inflation speechInvestors expect higher rates to persist after hawkish Jay Powell ends hope of Fed pivotECB officials warn of ‘sacrifice’ needed to tame surging inflationUS trustbusters: why Joe Biden is taking on private equityThe private equity club 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In the second episode of the latest season of Tech Tonic, FT columnist and host Jemima Kelly tries to understand why an influential Silicon Valley investment firm thinks that Web 3 is a good bet. Will blockchain technology really be the foundation of a new internet era? Is Web 3’s promise to decentralise the internet going to pose a challenge to companies such as Facebook and Twitter? The FT’s innovation editor John Thornhill interviews Chris Dixon, head of Andreessen Horowitz’s crypto fund, and Jemima talks to Molly White, author of the Web3 Is Going Just Great blog.Presented by Jemima Kelly. Special thanks to John Thornhill. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CBC, NBC, CNN.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

FT Weekend has its own podcast feed! For more content, subscribe to 'FT Weekend' wherever you listen.This weekend, we meet a British pioneer of sound design. Errol Michael Henry invites us to the Air-Edel studios in London to show us how a song gets made. Errol is one of the few black sound designers in the UK. He’s been producing music through his independent label, Intimate Records, since the 1980s. He breaks down how he creates his distinct sound, layer by layer. Then, we explore what makes the perfect summer track with music critic Arwa Haider. She and Lilah take a tour through the top hits of the season, from Beyoncé to Bad Bunny to Pussy Riot.Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.Links and mentions from the episode:–Yasmin Jones-Henry’s piece in HTSI: ‘My father, the pioneer of sound design’ https://on.ft.com/3JpA2zD–Errol’s music is under the name The Sound Principle–“You Threw Our Love Away”, by The Jones Girls, sound designed by Errol: https://www.youtube.com/watch?v=D-vpFCn6Ros–“You Left Me Lonely”, by Lulu (1993), sound designed by Errol: https://www.youtube.com/watch?v=UILaejQFcJA–You also heard Intimate Records tracks “Please Come Back” by Dean Edwards and “Keep It Comin” by Julianne, both written and produced by Errol–Here’s the song Errol says is closest he’s gotten to designing something that matched what he’d imagined: https://www.youtube.com/watch?v=zFPgZv-5zbQ–Errol’s organisation is called Music Justice –Arwa Haider is on Twitter @ArwaHaider. Errol is on Twitter @ErrolMHenry, and on Instagram @thesoundprinciple. Yasmin is on Instagram @yasminrjh–Arwa’s review of Lady Gaga live: https://on.ft.com/3ANGkrV–Arwa’s music recommendations: "Renaissance" by Beyoncé, "Verano Sin Ti" by Bad Bunny, Nigerian singer-songwriter Tems, "Hold the Girl" by Rina Sawayama, "Matriarchy Now" by Pussy Riot, and opera singer Julia BullockMusic clips copyright: Streamline, Interscope, Parkwood, Columbia Records, Rimas and Neon Gold. Julia Bullock clip from NPR’s Tiny Desk Concert (2020)Special offers for FT Weekend listeners can be found here. Join us at the FT Weekend festival in London on September 3rd: ft.com/ftwf. A £20 off promo code: FTWFxPodcast22Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Finland will host talks with Sweden and Turkey for talks on the Nordic countries’ Nato membership bids, and we’ll take a look at the ins and outs of Revlon’s bankruptcy. Plus, the FT’s Benjamin Parkin recently visited Afghanistan and reports back what it has been like there a year since the Taliban regained control. Mentioned in this podcast:Finland and Sweden hold talks with Turkey to push Nato bidRevlon bankruptcy becomes a fight over memesFT Series: a year under the TalibanBehind the Money: Afghanistan one year laterThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Hedge funds have lined up the biggest bet against Italian bonds since the global financial crisis, Japan is looking to rebuild its nuclear energy capacity, and Blackstone has joined the bidding to buy Pink Floyd’s music. Plus, the FT’s Colby Smith looks at how the Federal Reserve handled inflation in the past and whether chair Jerome Powell can engineer a soft landing this time around. Mentioned in this podcast:Japan set for new nuclear plans in post-Fukushima shift Powell to face tough crowd in Jackson Hole Can the Fed take inflation without causing a recession?Another brick in the Wall Street as Blackstone eyes Pink Floyd catalogueLet us know how Joe Biden’s student loan forgiveness programme might affect you: https://telbee.io/channel/akqt6c_h_vlzm47bnoijfw/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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com  Hosted on Acast. See acast.com/privacy for more information.

Today marks six months since Russia launched its full-scale invasion of Ukraine, a Twitter whistleblower says the company hid security flaws and fake accounts, and the waters off the coast of Somalia are no longer high risk for shipping  Mentioned in this podcast:They dig, and dig and dig: Russia entrenched in Ukraine six months into warTwitter covered up security flaws and fake accounts, says whistleblowerShipping industry says piracy off coast of Somalia is no longer a threatThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Ben & Jerry’s lost a legal dispute with its parent company over sales in Israel and investors are sceptical about this summer’s equities rally. Plus, the FT’s Madison Darbyshire talks about how a 20-year-old American college student made $110mn betting on a meme stock. Mentioned in this podcast:How a 20-year-old student made $110mn riding the meme stock wave Investors fret over durability of summer rally in US marketsBen & Jerry’s loses attempt to block ice cream sales in West BankThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Apple employees are pushing back against the iPhone maker’s call for workers to return to the office next month, and major droughts across the globe are having a significant impact on everything from agriculture to tech. Plus, the FT’s Sam Agini explains what a potential deal for Manchester United would mean for the football club.     Mentioned in this podcast:Group of Apple employees pushes back against return-to-office orderClimate graphic of the week: Record lows for rivers across China, US and Europe sap economiesJim Ratcliffe declares interest in buying Manchester UnitedScoreboard 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A new season of Tech Tonic asks whether crypto and its supporting technology - the blockchain - have a future following a market crash. In the first episode of this five-part series, FT columnist and host Jemima Kelly casts a sceptical eye on what led to the boom in digital assets and their subsequent collapse. She assesses the damage with the FT’s digital assets correspondent Scott Chipolina, and hears from big-time bitcoin investor Michael Saylor, Dogecoin co-creator Jackson Palmer, and crypto YouTuber, Wajahat Mughal.Check out stories and up-to-the-minute news from the FT’s technology team at ft.com/technology The FT’s Cryptofinance Hub is at https://www.ft.com/cryptofinance Scott Chipolina’s reporting can be found at https://www.ft.com/scott-chipolina For a special discounted FT subscription go to https://www.ft.com/techtonicsalePresented by Jemima Kelly. Special thanks to Scott Chipolina. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CNBC, Saturday Night LiveRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

FT Weekend has its own podcast feed! For more content, including our special Food & Drink mini-series, search 'FT Weekend' where you listen to podcasts and subscribe there.This weekend, we go to Ukraine. FT columnist Gillian Tett introduces us to the tech entrepreneurs and engineers who have built strong links with Silicon Valley and western tech companies over the past few decades. These connections are helping them fight what she calls an ‘open source war’ against Russia. Then, data journalist Oliver Roeder invites us into the elite world of professional chess. Now that computers are magnitudes better than humans, the game has dramatically changed.--------------Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: – Gillian’s piece, ‘Inside Ukraine’s open-source war’: https://on.ft.com/3QE08n5 – Oliver Roeder’s article, ‘Enter the inner sanctum of elite chess:’ https://on.ft.com/3Cd47CG – Oliver’s book is called Seven Games: A Human History– Gillian is on Twitter @gilliantett. Oliver is on Twitter @ollie.—-------------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.

Middle East states are expected to bring in $1.3tn in additional oil revenues, big US retailers posted quarterly earnings this week and results were mixed, scientists have discovered a way to destroy harmful “forever chemicals”. Plus, we’ll look at the longlist for this year’s FT Business Book of the Year award. Mentioned in this podcast:Middle East states set for $1.3tn oil windfall, IMF saysWalmart and Home Depot ease fears of recession even as inflation persistsTarget’s profit tumbles on price cuts and efforts to clear inventoryBusiness Book of the Year 2022 — the longlistThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Federal Reserve officials discussed the need to keep interest rates at levels that restrict the economy “for some time” in a bid to contain inflation, Short-term UK borrowing costs surged to the highest level since 2008, and Tencent posts its first quarterly revenue fall. Plus, the collapse of Chinese food delivery app, Miss Fresh, could be a cautionary tale for other tech giants in China. Mentioned in this podcast:Fed officials signal restrictive rates may be needed ‘for some time’UK bonds sell off as hot inflation lifts expectations for BoE rate risesTencent hurt by slowing Chinese economy and stalled game approvalsWhat the collapse of Missfresh means for China’s tech sectorJapan’s latest alcohol advice: please drink moreThe FT News Briefing is produced by Sonja Hutson, Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Amazon has accused the FTC of harassing top executives as part of an antitrust investigation, hedge fund Elliott Management has dumped almost all of its shares in SoftBank, and Harvard will offer tuition-free MBA programs to low-income students. Plus, the man who blew up WeWork, Adam Neumann, has a new real estate venture that’s attracted a major investment from Silicon Valley royalty. Mentioned in this podcast:Amazon accuses FTC of harassing executives including Jeff Bezos and Andy JassyHedge fund Elliott dumps SoftBank stake after souring on Masayoshi SonAndreessen Horowitz backs WeWork co-founder’s property ventureThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Elections officials in Kenya announced a winner in last week’s presidential election but the result is being challenged, Iran denies involvement in the stabbing of controversial author Salman Rushdie, and China cut a crucial lending rate for the first time since January. Plus, we look at how the private equity industry evolved from a group of mercenary dealmakers to co-operative rivals. Mentioned in this podcast:William Ruto wins Kenya’s presidential electionIran denies linked to Rushdie attack China cuts lending rate as economic data disappoint and Covid cases riseThe private equity clubThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Saudi Arabia has agreed to renew a three billion dollar deposit at Pakistan’s Central Bank, Saudi Aramco reported record profits, and an expected US tax on stock buybacks isn’t expected to have a big impact on earnings. Plus, Mexico’s president wants beer makers in the north to cut back due to the region’s drought. Mentioned in this podcast:Saudi Arabia renews $3bn deposit to PakistanSaudi Aramco hits fresh profit record as high energy prices deliver windfallMeet the new taxesMexico president calls time on brewing as drought intensifiesThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

For more FT Weekend content, including our special Food & Drink mini-series, search 'FT Weekend' where you listen to podcasts and subscribe there.This week Lilah goes to Savannah, Georgia, to visit chef Mashama Bailey. Mashama recently won Outstanding Chef at the James Beard Awards. Since 2014, she has been chef and partner at The Grey, a restaurant located in a formerly segregated bus station. And she has been redefining American food by reclaiming its African-American roots. But because so much of this history hasn't been documented, how do you find and preserve it, and also expand on it? Mashama explains her creative process. We also speak with Stephen Satterfield, host of the Netflix docuseries High on the Hog. Stephen is the founder of Whetstone Media, which is dedicated to tracing food stories back to their roots of origin.Want to say hi? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.Links and mentions from the episode: Lilah’s written piece on Mashama in the FT Magazine: https://on.ft.com/3I8v4br Mashama and her business partner John O Morisano’s memoir about The Grey is called Black, White, and the GreyStephen is the founder of Whetstone Magazine and Whetstone Media. You can learn more at https://www.whetstonemagazine.com/Whetstone Radio Collective has a suite of podcasts: https://podcasts.apple.com/us/channel/whetstone-radio/id6442689915Dr Jessica B Harris’s seminal book on African-American food history is called High on the Hog: a Culinary Journey from Africa to AmericaLilah also recommends Bryant Terry's 2021 cookbook Black Food, and the work of Michael W Twitty. Michael is on Instagram at @thecookinggene and has an excellent Masterclass session on tracing your roots through foodMashama is on Instagram at @mashamabailey. Stephen is at @isawstephenSpecial offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastCome join us at the FT Weekend festival in London on September 3rd! Buy a ticket at ft.com/ftwf. Here’s a special £20 off promo code: FTWFxPodcast22Original 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 lawmakers are set to pass a $700bn spending bill, activity on European corporate bond markets has slowed to a near standstill and US initial public offerings have ground to a halt. Plus, Ben & Jerry’s is in a legal battle with parent company Unilever over sales in the disputed West Bank and East Jerusalem. Mentioned in this podcast:Corporate lawyers take it easy as US IPO market dries upUnilever stops paying Ben & Jerry’s board members in Israel disputeThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US stocks rallied after the latest US inflation report showed price rises slowed in July, Disney beat analyst expectations and added 15mn subscribers to its Disney+ streaming service, and social media companies want livestreams to be the future of shopping. Mentioned in this podcast:Disney’s streaming business defies industry gloomUS inflation eased slightly in July on lower petrol pricesUS stocks and bonds rally after lower than forecast inflation dataSocial media’s big bet: the shopping revolution will be livestreamedUnhedged: Markets, Finance and strong opinions  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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Taiwanese national security officials want to force Apple supplier Foxconn to unwind an $800mn investment in a Chinese chip company, and corporate America is fuming over president Joe Biden’s economic package. Plus, we have a military update on the war in Ukraine, and how tennis legend Serena Williams plans to spend her retirement. Mentioned in this podcast:Taiwan security officials want Foxconn to drop stake in Chinese chipmakerCorporate America fumes over Biden’s tax and climate packageSerena Williams to retire from tennis after US OpenThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

China’s extended military drills around Taiwan are stoking fears of a drawn-out period of heightened tension and investors are split over whether the recent US tech rally will continue. Plus, the FT’s Jude Webber explains how taxes from the tech sector are helping Ireland’s economy against a recession. Mentioned in this podcast:US pledges further $1bn in military aid for UkraineChina extends military drills around TaiwanTech sector tax windfall shores up Ireland’s economy against recessionInvestors divided over how long Big Tech rally will lastThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Investors are selling stakes in private equity and venture capital funds at the fastest pace on record so far this year, and earnings at companies such as Uber and Lyft are surging. Plus, the FT’s Patrick McGee reports that more than a dozen employees, past and present, say Apple’s HR team mishandled claims of harassment and misconduct.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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week, we talk to the author Elif Batuman about her new novel ‘Either / Or’. The book is set in the 1990s, and follows Elif’s fictionalised alter ego, Selin, as she navigates life as a Harvard student. Elif reflects on looking back at the ’90s from a contemporary perspective and talks about what we’ve learnt since. Then, we hear about feedback from deputy FT Magazine editor Esther Bintliff. We live in a culture obsessed with feedback. But what kind of feedback is actually effective? --------------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: – Either/Or by Elif Batuman is available in all good bookstores. – Esther’s piece on feedback, https://www.ft.com/content/a681ac3c-73b8-459b-843c-0d796f15020e – Bradley Whitford describing the three-step reaction on WTF with Marc Maron http://www.wtfpod.com/podcast/episode-909-bradley-whitford– If you want to hear Kim Scott talking about Radical Candour at Inbound Bold Talks, 2016: https://www.youtube.com/watch?v=yj9GLeNCgm4 – Elif Batuman is on Twitter @BananaKarenina. Esther is on Twitter @estherbintliff. —-------------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.Silicon Valley clip in this episode is courtesy of HBO. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US new unemployment claims have reached a six-month high as the labour market cools, the Bank of England raised interest rates by 0.5 percentage points, and European banks are adjusting to higher interest rates. Mentioned in this podcast:US jobless claims hit six-month high as labour demand coolsBank of England raises interest rates by 0.5 percentage pointsEurope’s lenders prepare for life outside negative territoryThe 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

SoftBank has raised as much as $22bn in cash from deals that would sharply reduce its stake in Alibaba over the coming years, Iran and western powers resume talks this week over the floundering 2015 nuclear accords, and as political polarisation reaches into the workplace companies must manage conflicts among employees while striving for sensitivity and diversity. Mentioned in this podcast:Softbank raises $22b in moves to sell down Alibaba stakeIran to resume nuclear talks with discussion over EU proposalsPolitics in the workplace:how should we deal with opposing views?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.

China has blocked imports from hundreds of Taiwanese food producers in response to the visit of US House Speaker Nancy Pelosi to Taipei, a flurry of executive departures from SoftBank stokes uncertainty over who will take over from Masayoshi Son, and Behind The Money host Michela Tindera joins the Briefing to talk about the latest BTM episode that explores “Generation Moonshot” investors.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:China suspends 2,000 food products from Taiwan as Pelosi visitsSoftBank’s succession turmoil raises risksGeneration moonshot: why young investors are not ready to give up on riskThe 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.

Instagram head Adam Mosseri is moving to London, HSBC has pledged to restore its dividend to pre-pandemic levels, and China is facing its first overseas debt crisis. Mentioned in this podcast:Instagram head Adam Mosseri to temporarily relocate to LondonHSBC pledges to restore dividend to pre-pandemic levelsChina reckons with its first overseas debt crisisThe 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 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 ftweekendpodcast@ft.com. 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 marc.filippino@ft.com 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 ftweekendpodcast@ft.com. 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 ftweekendpodcast@ft.com. 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 ftweekendpodcast@ft.com. 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 ftweekendpodcast@ft.com. 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 ftweekendpodcast@ft.com. 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 ftweekendpodcast@ft.com. 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.

Export controls placed on supply of chips and hardware over Moscow's invasion of Ukraine dent the prospects for Russia's economy, and the US will provide Kyiv with longer-range rocket systems.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:‘Everything is gone’: Russian business hit hard by tech sanctionsWhat is America’s end-game for the war in Ukraine?US to provide Ukraine with longer-range rocket systemsPrice of a UK pint up more than 70% since financial crisisHave you changed your money habits recently in response to bad news about the economy? Send us a voice memo with your name, where you’re from and what you’re doing to marc.filippino@ft.com.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 head of EY’s US business quit the Big Four accounting firm after a power struggle with its global boss, and German police raided DWS and Deutsche Bank offices over allegations DWS misrepresented green investments. Plus, Hungary’s autocratic prime minister is trying to build a superbank to increase his financial control over the country. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EY’s US boss quit after clashing with global chief of Big Four firmGerman police raid DWS and Deutsche Bank over greenwashing allegationsThe Bank of Viktor OrbánThe 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 chipmaker Qualcomm wants to build a stake in Arm alongside rivals, and how does commodities trader Glencore rescue its reputation after pleading guilty to multiple counts of bribery and market manipulation? Plus, Federica Cocco explains whether businesses are sticking to their diversity promises two years after the police murder of George Floyd. Mentioned in this podcast:Qualcomm eager to invest in Arm alongside rivals in upcoming IPO‘Bribery built into the corporate culture’: can Glencore rescue its reputation?Race at work: how hard are companies really trying?Have you changed your money habits recently in response to bad news about the economy? Send us a voice memo with your name, where you’re from and what you’re doing to marc.filippino@ft.com.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 FT podcast “Behind the Money” digs into whether the tide has really turned in cryptocurrencies, and whether crypto fans will have to deal with this new “vibe” for the long haul. Mentioned in this podcast:Behind the Money: A crypto vibe shift? 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.

In the 1930s, Alice Urbach wrote a beloved cookbook in Vienna. But during the Holocaust it was stolen: Aryanized, peppered with Nazi ideology and republished under someone else's name. The publisher refused to change it back for more than 85 years. Alice got her intellectual rights restored by her granddaughter Karina Urbach, a historian, who joins us to tell the story. Afterwards, we bring you a conversation with Elizabeth Strout, Pulitzer Prize winning novelist, from our recent US FT Weekend festival. She’s in conversation with FT Globetrotter editor Rebecca Rose.--------------Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –FT review of ‘Alice’s Book: How the Nazis stole my Grandmother’s Cookbook’, by Katrina Urbach https://on.ft.com/3z0D8bQ–A recent piece by Elizabeth Strout for the FT Weekend Magazine, on Judith Joy Ross’s photography: https://on.ft.com/3JdFF4U –Watch the whole FT Weekend Festival on demand here (paid): https://usftweekendfestival.live.ft.com/page/2064102/program —-------------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.

China has offered “a few hundred million dollars” in lending to Sri Lanka to help alleviate a shortage of essential goods, Wall Street investors got spooked by an earnings warning from Snap, and the FT traced a massive European bank sell-off to one fund manager. Plus, Colombia looks ready to elect a former guerilla turned economist as its next president. Mentioned in this podcast:China will help us weather financial crisis, says Sri Lanka’s prime ministerUS stocks fall on fears of slowing growthCapital Group’s European bank sell-off was driven by single fund managerHow the Colombia election could change Latin AmericaThe 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.

Hedge funds are trying to reposition themselves in the middle of this year’s heavy tech stock sell-off, and the director of the UN’s World Food Programme, David Beasley, explains how the war in Ukraine is causing a global food shortage. Plus, the FT’s Christian Davies tells the wild story of the guy behind the Luna cryptocurrency and its incredible downfall. Mentioned in this podcast:Gabe Plotkin’s Melvin Capital to wind down fundsThe mauling of Tiger Global$40bn crypto collapse turns South Korea against the ‘Lunatic’ leaderThe Rachman ReviewThe 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.

Australia’s new prime minister met with world leaders to discuss climate change and Hungary’s prime minister declared an economic state of emergency. Plus, the FT’s Colby Smith visits the city of Atlanta to find how restaurant owners are managing to find staff in a red hot labour market.Mentioned in this podcast:Orbán declares state of emergency over crisis caused by Ukraine warAnthony Albanese sworn in as Australia’s prime minister​​America’s red-hot labour market: inflation undercuts jobs recoveryThe 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.

Three decades of globalisation risks are going into reverse, according to company executives and investors as world leaders meet in Davos for the first time since the coronavirus pandemic began, and Toshiba set a deadline of May 30 for additional bidders in what could be Japan’s largest private equity deal. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Business leaders warn that three-decade era of globalisation is endingToshiba reveals takeover interest as battle heats upThe 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.

Saudi Arabia has signalled it will stand by Russia as a member of the Opec+ group of oil producers, the former head of Russia’s second-biggest oil group has warned that an EU ban on Moscow’s crude would be “the most negative scenario” for all parties. Plus, the FT’s Peggy Hollinger discusses Boeing’s decision to move its headquarters to be near the Pentagon and DC and why many stakeholders are unhappy. Mentioned in this podcast:Boeing needs a stronger vision to bounce back from crisisSaudi Arabia signals support for Russia’s role in Opec+ Lukoil’s ex-chief warns against EU ban on ‘irreplaceable’ Russian oilThe 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.

It’s about to become much harder to find safe abortion care in America, in a country where some states already make it almost impossible. This week, we make sense of what’s happening and how we got here. Lilah speaks with Rhiannon Hamam, a Texas public defender and host of the popular show 5-4 (“a podcast about how much the Supreme Court sucks”) to make sense of Roe vs Wade, the seminal law that is expected to be overturned. Then, we pass the mic to three people providing abortion services in three states that will face some of the biggest changes: Wisconsin, Alabama and Illinois. They tell us what they’re seeing, and how they’re preparing for a post-Roe world.--------------Links and mentions from the episode: – You heard this week from Rhiannon Hamam, co-host of the podcast 5-4. Listen everywhere, or here: https://www.fivefourpod.com. Rhiannon is on Twitter at https://twitter.com/AywaRhiannon – Dr. Kristin Lyerly is an obstetrician and gynaecologist in Sheboygan, Wisconsin. She's on Twitter at https://twitter.com/kristinlyerly?lang=en– Robin Marty is author of ‘The New Handbook for a Post-Roe America’ and operation director of the West Alabama Women’s Center in Tuscaloosa. She recently wrote an op-ed for the FT: https://on.ft.com/3wr0HZK. You can find her on Twitter at https://twitter.com/robinmarty – Marie Khan is director of programs for the Midwest Access Coalition, a practical abortion fund. You can learn more about them at https://midwestaccesscoalition.org/ – Key coverage of the war in Ukraine is free to read: https://www.ft.com/freetoread--------------Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------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, search ‘FT Edit’ in the app store.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner.Archival clip courtesy of CBS.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Canada is banning Chinese telecom giant Huawei from its 5G network, US plans to host the Summit of Americas are in disarray as Latin American heads of state refuse to attend. Plus, the California-based asset manager Pimco is trying to adapt to an era of rising interest rates and passive investing.Mentioned in this podcast:Canada to ban Chinese telecoms Huawei and ZTE from 5G networksUS summit struggles in Latin America are a boon to ChinaPimco: navigating the end of the bond bull marketThe 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.comCorrection: An earlier version of this podcast featured a guest mistaking Samsung for Huawei. This reference has been removed.  Hosted on Acast. See acast.com/privacy for more information.

Wall Street stocks fell hard on Wednesday after the retailer Target warned that inflation and supply chain disruptions would hit profit margins, and we explain why a tiny island in the Black Sea is so important in the war in Ukraine. Plus, the FT’s Jude Webber explains why the United Kingdom wants to alter the Northern Ireland protocol from its Brexit trade agreement.  Mentioned in this podcast:UK will legislate to ‘fix’ N Ireland trade problems, says TrussMilitary briefing: why Russia and Ukraine are fighting over Snake IslandUS women’s football team agrees equal pay in milestone agreementThe 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.An early version of this episode misstated that the US men's national soccer team did not qualify for the 2022 World Cup. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Cash holdings among global fund managers have risen to their highest level since 9/11, China’s economic data show how badly the country is suffering from its Covid lockdowns. Plus, the FT’s employment columnist Sarah O’Connor says inflation hurts some workers more than others and salary advancement schemes aimed at helping struggling workers may not be a panacea. Mentioned in this podcast:Big investors increase cash holdings to highest levels since 9/11 attackBeware the promise of salary advance schemesChina’s economic activity plummets as Covid lockdowns hit growthThe 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.

Elon Musk acknowledged on Monday that he would pay a lower price for Twitter, hedge fund Tiger Global has significantly cut back its shareholdings and dumped stakes in tech companies, wheat prices jumped after India banned exports, and McDonald’s will sell its business in Russia. Mentioned in this podcast:Elon Musk says different price for Twitter deal ‘not out of the question’Tiger Global slashes bets on tech groups after stock market sell-offWheat prices rise almost 6% as India export ban shakes marketsMcDonald’s to sell its Russian business over Ukraine warThe 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 is back with all-new episodes! From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. The podcast returns May 25. You can follow the show now! Hosted on Acast. See acast.com/privacy for more information.

Brussels is set to cut its growth forecasts further and boost its inflation outlook, and Sweden will jettison 200 years of military non-alignment and apply to join Nato alongside its neighbour Finland. Plus, the FT’s Owen Walker talks about Credit Suisse’s high profile new hire, Francesca McDonagh.Mentioned in this podcast:Europe growth and inflation outlooks worsen as energy crisis hitsSweden and Finland to make Nato applications on ‘historic’ day for NordicsFrancesca McDonagh: banker with ‘steel in her spine’ heads to Credit SuisseGoldman Sachs says senior staff can take as much time off as they wantThe FT News Briefing is produced by Fiona Symon 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 weekend, Lilah talks to actor Michael Patrick Thornton, who appears in the buzzy new Broadway production of Macbeth. When Michael was 24, he had a series of spinal cord strokes. Reciting Shakespeare's sonnets taught him how to breathe and speak again, and continue his career. Michael is at present the only actor on Broadway who uses a wheelchair. We ask him about the power of language and his role in the play (which also stars Daniel Craig and Ruth Negga). Then, we learn about Britain's top forensic artist from journalist Will Coldwell, and the techniques she uses to catch criminals — which include a jar of strawberry jam.--------------Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Will’s profile of Melissa Dring, ‘To catch a criminal: what a forensic artist knows about the mind’: https://on.ft.com/3rw0lht – Michael Patrick Thornton’s theatre company, The Gift: https://thegifttheatre.org/ – Macbeth – starring Daniel Craig, Ruth Negga and Michael – is on Broadway’s Longacre Theatre until July 10– Michael is on Twitter @ThorntonMPT, and Will is on Twitter at @Will_Coldwell– Select coverage of the war in Ukraine is free to read at https://www.ft.com/freetoread—-------------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.

Norway’s oil fund has slammed “corporate greed” and excessive executive pay, some former Ukrainian officials believe their forces could push Russian troops out before the end of the year, and Jay Powell was confirmed for a second term as chair of the Federal Reserve. Plus, the FT’s Katie Martin explains how cryptocurrencies’ latest meltdown could spill into normal markets like stocks and bonds. Mentioned in this podcast:Norwegian oil fund denounces ‘corporate greed’ over executive payMilitary briefing: can Ukraine push the Russian army from the country?What happens in crypto may not stay in crypto this time aroundCrypto industry shaken as Tether’s dollar peg snapsPowell confirmed by Senate for second term as Fed chairThe FT News Briefing is produced by Fiona Symon 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.

Description: Turkish authorities have raised the pressure on the country’s banks to limit corporate clients’ purchases of foreign currency, US consumer prices rose at an annual pace of 8.3 per cent last month, and the EU will have to spend close to €200bn in the next five years to secure energy independence from Russia. Plus, the FT’s Tabby Kinder explains why HSBC’s biggest shareholder is pressuring the bank to split up. Mentioned in this podcast:Turkey dials up the pressure on banks as lira slidesUS inflation stays at 40-year high defying expectations of bigger dropEU warns of €195bn cost to free bloc from Russian energyPeter Ma: China’s shy insurance tycoon bursts into the limelightSaudi Aramco overtakes Apple as the world’s most valuable companyThe FT News Briefing is produced by Fiona Symon 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 CEO Elon Musk has said he would reverse Twitter’s ban on Donald Trump, and all but one of the global investment banks in China finally managed to eke out a profit last year. Plus, a look at the new president of the Philippines, Ferdinand “Bongbong” Marcos Jr.  Mentioned in this podcast:Musk says he would reverse Trump’s Twitter ban, calling it ‘foolish’ and ‘morally wrong’Global investment banks in China finally turn a profitThe Marcos revival: how late Philippine dictator’s son went from exile to election favouriteThe FT News Briefing is produced by Fiona Symon 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.

Volkswagen chief Herbert Diess has called for the EU to pursue a negotiated settlement to the Ukraine War for the sake of Europe’s economy, Goldman Sachs has paused new Spac offerings, and an historic election victory by Northern Ireland’s Sinn Féin Party has overturned more than a century of unionist dominance in the region.Mentioned in this podcast:Emerging markets hit by ‘toxic’ mix of rising rates and slower growthVW chief’s call for settlement to end war draws outrage from KyivGoldman Sachs pauses work on new Spacs after SEC takes tougher stanceSinn Féin wins historic victory in Northern IrelandThe FT News Briefing is produced by Fiona Symon 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.

Xi Jinping’s renewed commitment to zero-Covid policy rattles investors in China, Africa’s top Covid vaccine plant faces an uncertain future after production halt, and plant-based meat maker Impossible Foods claims a rival, Motif, has infringed its patent on a beef-replica product.Subscribe to the FT News Briefing oan Apple Podcasts or SpotifyMentioned in this podcast:Defence companies face supply snags as demand for US weapons risesXi Jinping’s renewed commitment to zero-Covid rattles markets in ChinaAfrica’s top Covid vaccine plant faces uncertain future after production haltedPlant-based meat groups in court battle over taste of their productsThe FT News Briefing is produced by Fiona Symon 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.

In the final episode of this season of Tech Tonic, we ask if the growing tensions between the US and China could split the world into two competing technological spheres. It has been dubbed 'the great decoupling'. Some in the US want to see Chinese companies cut off from American investment, while hawkish factions in China have been fighting for a more self-sufficient and nationalistic tech sector. But what would decoupling really look like? And is it even possible? Presented by James Kynge, this episode features interviews with Lillian Li (author of Chinese Characteristics newsletter), Paul Triolo (senior vice-president of Albright Stonebridge Group), Roger Robinson Jr (president and founder of RWR Advisory) and Kevin Rudd (former prime minister of Australia and president of the Asia Society)Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Special thanks to Tom Griggs. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CNBC Check out stories and up-to-the-minute news from the FT’s technology team at  ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months. Hosted on Acast. See acast.com/privacy for more information.

This week, Lilah interviews Everything Everywhere All at Once directors Daniel Kwan and Daniel Scheinert, also known as Daniels. Their film, starring Michelle Yeoh and Jamie Lee Curtis, has received rave reviews for successfully combining genres from indie comedy to sci-fi to kung fu. Then our colleagues Leo Lewis and Eri Sugiura join us from Tokyo to explain Japan's succession crisis. Small and medium-sized companies employ 80 per cent of people in the country, but many owners’ children do not want to inherit the family business. --------------Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Everything Everywhere All At Once is out now in the US. It will be released in the UK on Friday 13th May. The trailer is here: https://www.youtube.com/watch?v=wxN1T1uxQ2g – You can follow Daniels on Twitter @daniels. –Leo and Eri’s FT Magazine piece, ‘The pervasive succession crisis threatening Japan’s economy’: https://www.ft.com/content/dc5c19f7-5f4b-4bf5-809a-f46859fb5c39  –Leo Lewis’ piece on Japan’s ageing population and the plunging yen: https://www.ft.com/content/c18281da-3036-4b50-9757-334ad3a82620 –Eri Sugiura on Kyoto’s empty house tax, a story she broke in February about how Japan is dealing with a declining population https://www.ft.com/content/9b87824b-f9a2-4098-8f59-345e174ec736 – Leo is on Twitter at @Urbandirt, and Eri is at @SugiuraEri. –Select coverage of the war in Ukraine is free to read at https://www.ft.com/freetoread—-------------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.  Hosted on Acast. See acast.com/privacy for more information.

Wall Street stocks suffered steep declines on Thursday with the Nasdaq’s biggest fall since 2020 and the Bank of England has warned that the UK economy will slide into recession this year. Plus, the FT’s Latin America editor, Michael Stott, explains why the British Virgin Islands is rejecting a push for direct rule from London. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Nasdaq tumbles 5% in sharpest fall since 2020British Virgin Islands premier rejects direct rule from LondonBank of England warns of UK recession this year as it lifts interest rateThe FT News Briefing is produced by Fiona Symon 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 US Federal Reserve raised its benchmark policy rate by half a percentage point for the first time since 2000, the European Union is trying to ban almost all imports of Russian oil, and the FT’s Ben Hall explains why Russia is making nominal military progress in Ukraine. Mentioned in this podcast:Hungary holds up EU plan to ban imports of Russian oilFed implements first half-point interest rate rise since 2000Military briefing: ‘anaemic’ Russian advance heralds long attrition warThe FT News Briefing is produced by Fiona Symon 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.

BP recorded its highest quarterly earnings in more than a decade, Italy’s prime minister, Mario Draghi, called on Brussels to abandon the requirement for unanimity on foreign policy decisions, and Biogen’s chief executive will step down following the disastrous launch of the company’s Alzheimer’s drug. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:BP’s bumper earnings stoke new calls for windfall taxMario Draghi calls for an end to EU unanimity on foreign policy decisionsBiogen chief steps down after Alzheimer’s drug flops Tiger Global slumps more than 40% in first four months of 2022The FT News Briefing is produced by Fiona Symon 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.

Amazon workers at a warehouse in New York have rejected efforts to form a union, the US Federal Reserve is poised to make its first half-percentage point rise since 2000, and Danish turbine maker Vestas reported bigger than expected losses and confirmed the impact of the war in Ukraine on the industry.  Mentioned in this podcast:Amazon union dealt a setback as it loses vote at second NY warehouseFed reaches for its ‘hatchet’ as it attacks galloping inflationVestas warns war in Ukraine will add to wind industry slowdownShipping heavyweight Japan tables carbon tax proposal for the industryThe FT News Briefing is produced by Fiona Symon 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.

Italy’s tough new approach to Russia marks one of the biggest foreign policy shifts in Europe in years, Germany has called for a phased-in ban on Russian oil imports into the EU, and investors have written to the boards of leading food companies to show shareholder concern about nutrition and obesity.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EU steps up action on Russian oil sanctions Revulsion at Ukraine War ends Rome’s old amity with Moscow Investors push Nestlé and Kraft Heinz to set new health targetsArcelorMittal successfully tests use of green hydrogen at Canadian plantThe FT News Briefing is produced by Fiona Symon 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.

In this episode of Tech Tonic, how a mysterious death in Belgrade prompted Serbia to embrace Chinese surveillance technology, raising concerns among Serbian human rights and privacy activists. They’ve been fighting back against the Serbian government’s use of Huawei facial recognition tech in public spaces. But Serbia is just one of many countries around the world that’s adopted this cutting-edge Chinese mass monitoring equipment. What does it tell us about the spread of Chinese influence around the world?Presented by James Kynge, this episode features interviews with Danilo Krivokapic (director, Share Foundation), Andrej Petrovski (director of tech, Share Foundation), Stefan Vladisavljev (programme co-ordinator, Belgrade Fund for Political Excellence), Wang Huiyao (director, Beijing Center for Globalisation) and Wawa Wang (director, Just Finance).Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Special thanks to Marton Dunai and Bojan Radic. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.Read James Kynge, Valerie Hopkins, Helen Warrell and Kathrin Hille’s previous reporting on Chinese surveillance tech in the Balkans: https://www.ft.com/content/76fdac7c-7076-47a4-bcb0-7e75af0aadabNews clips credits: PBS, CNBC, CGNT, DW, Moconomy, BBCCheck out stories and up-to-the-minute news from the FT’s technology team at  ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months. Hosted on Acast. See acast.com/privacy for more information.

This weekend, we think about morality in the age of social media. According to writer Dan Brooks, we're great at pointing out where good is missing, but we’ve forgotten how to be good people. Then, Yale professor Jing Tsu tells us the story of how China standardised its complex language of 80,000 characters into something that could fit on a keyboard. It wasn’t easy, but it helped make the country the global digital superpower that it is today.--------------Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Dan Brooks’ FT Magazine piece, ‘What we need now that social media has fully weaponized morality’: https://on.ft.com/3LyIE9c –The dreaded tweet that inspired Dan’s piece: https://twitter.com/mimismartypants/status/1498332885362823170 –Jing’s book is called Kingdom of Characters. The FT’s review is here: https://on.ft.com/3nJqzey –Jing’s 2020 piece for the FT, ‘Why sci-fi could be the secret weapon in China’s soft-power arsenal’: https://on.ft.com/3y2WbBF –Dan Brooks is on Twitter @dangerbrooks, and Jing Tsu is at @tsu_jing. –Tech Tonic Season 3, about the US/China tech race, is available now. Listen wherever you get your podcasts, or at https://www.ft.com/tech-tonic –Select coverage of the war in Ukraine is free to read at https://www.ft.com/freetoread—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC! To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 50% off.--------------Original music by Metaphor Music. Mixing and sound design by Tommy Bazarian.  Hosted on Acast. See acast.com/privacy for more information.

The US dollar surged to its highest level in two decades on Thursday, the US economy contracted unexpectedly in the first quarter, Twitter admits an ‘error’ in audience figures for the past three years, and Amazon shares fell after the company said it expects revenue growth to remain sluggish. Mentioned in this podcast:Falling sales and high costs weigh down Amazon earningsUS economy contracts for first time since mid-2020Dollar surges to highest level in 20 yearsTwitter admits overstating audience figures for 3 years The FT News Briefing is produced by Fiona Symon 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.

EU leaders accused Moscow of “blackmail” over gas exports, and Spotify tries to distance itself from Netflix after reporting decent quarterly earnings. Plus, the FT’s Owen Walker explains how Credit Suisse shakes up its top executives to shake off mega scandals.  Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:European gas prices soar after Gazprom halts supplies to Poland and BulgariaSpotify chief distances music streaming group from NetflixCredit Suisse overhauls top executive teamThe FT News Briefing is produced by Fiona Symon 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 tech stocks fell to their lowest level in more than a year, the Brexit trade deal has caused a “steep decline” in UK trade with the EU, Chinese businesses have scoured the globe for important strips of land including islands in the South Pacific. Mentioned in this podcast:Alphabet earnings decline as online advertising momentum slowsUK-EU trade relationships tumble after BrexitThe Chinese companies trying to buy strategic islandsUS steps up efforts to court Solomon Islands after China security dealPodcast surveyThe FT News Briefing is produced by Fiona Symon 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.

EU member states are looking at whether to impose a ceiling on what they would pay for Russian oil as a way to hit Kremlin revenues, Twitter’s board has accepted a roughly $44bn offer to sell the company to Elon Musk that would result in the world’s richest man seizing control of the influential social media platform, and French President Emmanuel Macron faces much tougher challenges in his second term in office. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EU weighs cap on price paid for Russian oil as way to hit Kremlin revenuesTwitter accepts Elon Musk’s $44bn takeover offerMacron faces a complex economic juggling actThe FT News Briefing is produced by Fiona Symon 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.

Emmanuel Macron has been elected for a second term as president of France, the EU will force Big Tech to police content online more aggressively after approving a major piece of legislation, and Sri Lanka is working with the major multilateral agencies on ways to salvage the country from the current economic meltdown Mentioned in this podcast:EU approves groundbreaking new rules to police Big Tech Emmanuel Macron set to be re-elected in FranceUN asks Sri Lanka to negotiate ‘debt-for-nature’ swaps to ease economic meltdownThe FT News Briefing is produced by Fiona Symon 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.

In the latest episode of this Tech Tonic season about US-China tech rivalry, the FT’s US-China correspondent Demetri Sevastopulo tells the inside story of his scoop on China’s secret hypersonic weapon test and how it changed geopolitics. We hear about the new space race between China and the US, including powerful satellite-destroying missiles and the pursuit of commercial space capabilities. Could China and the US ever co-operate on space exploration or are we seeing the dawn of a new space race?Presented by James Kynge, the FT’s global China editor, this episode features interviews with US congressman Mike Gallagher; Todd Harrison, director of the Aerospace Security Project at the Center for Strategic and International Studies; and Robert Zubrin, president of the Mars Society.Check out stories and up-to-the-minute news from the FT’s technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months.Hosted by James Kynge. Interview with congressman Mike Gallagher conducted by Demetri Sevastopulo. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s 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 weekend we’re returning to the first-ever episode of the FT Weekend podcast, from September. Lilah 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 vengeful architecture, and reporter Madison Darbyshire shares tips for how to furnish your home with old things. Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. —----------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC! To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 50% off.Links from the episode Lilah’s piece on chefs: https://www.ft.com/content/246cdc2a-f135-4d3d-9d74-e524e9217699  Edwin on the architecture of spite: 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.

Elon Musk unveiled a $46.5bn financing package to fund his takeover bid for Twitter, Netflix lost close to 40 per cent of its market value after revealing that its once-blistering subscriber growth had gone into reverse, Fed Chair Jay Powell signalled the Fed could raise rates by a half point in May, the FT’s Climate Game allows players to try and save the planet from the worst effects of climate change. Mentioned in this podcast:Elon Musk unveils $46.5bn financing package to fund Twitter bidNo, you did not see the Netflix mess coming Powell signals Fed is prepared to raise rates by a half-point in MayBill Ackman sells entire Netflix stake at roughly $400mn lossThe climate game: can you reach net zero by 2050?FT Podcast SurveyThe FT News Briefing is produced by Fiona Symon 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.

FT correspondents provide insight on the latest developments in Ukraine, why Algeria cannot supply more energy to meet Europe’s demand, and US airlines respond to a judge’s decision to strike down a mask mandate for transport. Mentioned in this podcast:Mexico nationalises lithium in populist president’s push to extend state controlAlgeria struggles to meet rising demand for its gas after Russian invasion of UkraineCovid travel mask ruling threatens to tie CDC’s hands on future pandemicsThe FT News Briefing is produced by Fiona Symon 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.

Elon Musk’s $43bn bid to take Twitter private is struggling to draw interest from private equity groups, Netflix shares tumbled on Tuesday after its first quarter earnings report, and the International Monetary Fund has cut its global growth forecast. Plus, the journalist Neri Zilber explains how Israel is handling an influx of immigrants leaving their countries because of the war in Ukraine.  Mentioned in this podcast:Big buyout groups rule out writing equity cheque for Musk’s $43bn Twitter bidNetflix sheds subscribers for the first time in a decadeIMF cuts global growth forecast to 3.6% as Ukraine war hits neighbours hardUkraine conflict sparks biggest influx of immigrants to Israel in decadesPodcast surveyThe FT News Briefing is produced by Fiona Symon 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.

Bank of America gave a bullish revenue outlook as the second-largest US lender reported better than expected earnings, and Mexico’s opposition politicians helped defeat a radical energy reform bill backed by President López Obrador. Plus, the FT’s Eric Platt explains why real yields on US treasury bonds are nearing positive territory and what it means for other financial markets. Mentioned in this podcast:Fed policy tightening sends US ‘real yields’ to brink of positive territoryBofA offers rosy revenue outlook as lending rebound boosts resultsMexican president’s radical energy reform defeated in congressThe FT News Briefing is produced by Fiona Symon 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.

Many people with lingering symptoms of Covid-19 struggle to work or have been forced to leave the workforce entirely. Plus, the FT’s capital markets correspondent, Robert Smith, talks about the lessons learned from the collapse of Greensill Capital a year later. Mentioned in this podcast:Long Covid: the invisible public health crisis fuelling labour shortagesThe FT News Briefing is produced by Fiona Symon 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.

Our latest season of Tech Tonic continues, with a deep dive into the semiconductor industry and Taiwan’s unique position as a bastion of computer-chip talent. James Kynge, the FT’s global China editor, looks into the unintended consequences of the race for semiconductor dominance. We hear from Chad Duffy, a Taipei-based cybersecurity expert who helped uncover a major hack on Taiwanese semiconductor manufacturers. James talks to Dan Wang, an analyst with the Shanghai-based Gavekal Dragonomics, about China’s chip strategy, and Stephen Orlins, a rare dissenting voice in Washington who questions the efficacy of a US blacklist of Chinese tech companies desperate for US-designed chips. Plus, Annie Ting-Fang and Lauly Li, who cover the semiconductor industry for Nikkei Asia, give us the inside track on how China has been scooping up Taiwanese semiconductor engineers.Check out stories and up-to-the-minute news from the FT’s technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months.Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CNBC Hosted on Acast. See acast.com/privacy for more information.

This week, we bring our classic Life of a Song series to your ears, with the dramatic story behind 'Bam Bam', Sister Nancy's reggae dancehall classic. Despite being one of the most sampled reggae tracks of all time, it didn't make Sister Nancy a penny for more than 30 years, Alice Kemp-Habib tells us. Then, undercover economist Tim Harford teaches us how to think about failure. What can we learn from an early 2000s Broadway flop that went on to win a Tony award?--------------Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Life of a Song, ‘Bam Bam – said to be the most sampled reggae track of all time’: https://ig.ft.com/life-of-a-song/bam-bam.html –To learn more about reggae and dancehall music, Alice recommends Inna de Yard: Soul of Jamaica (2019) directed by Peter Webber. Here’s the Spotify playlist –Tim’s podcast is called Cautionary Tales. Listen wherever you get your podcasts, or at https://www.pushkin.fm/show/cautionary-tales/ –Tim’s latest Undercover Economist column for FT Magazine, ‘The lesson humble sea urchins offer about resilience’: https://on.ft.com/3Ectq6S –Volumes 1 and 2 of The Life of A Song: The fascinating stories behind 50 of the world’s best loved songs are available in bookshops. A paperback of both volumes together will be out in August.–Alice is on Twitter at ​​@Alice_Khabib. Tim is on Twitter at @TimHarford.–Key coverage of the war in Ukraine is free to read at https://www.ft.com/freetoread—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC! To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 50% off.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner.Clips from:”Bam Bam," courtesy Observer Music”Le’ts Go to Zion," courtesy Studio One Records”Zungguzungguguzungguzeng," courtesy Greensleeves Records“Revolution," courtesy VP Records“Tear Off Mi Garment," courtesy UMG Recordings“Scenes From an Italian Restaurant,” courtesy BMG Music Entertainment Hosted on Acast. See acast.com/privacy for more information.

US president Joe Biden announced yesterday he would send $800mn in additional military aid to Ukraine, the FT’s John Paul Rathbone outlines Russia’s changing military strategy, and our US financial commentator, Robert Armstrong, unpacks the debate over whether the US economy is heading into a recession. Mentioned in this podcast:Recession whispers grow louderRecession whispers, part 2Military briefing: Ukraine and Russia prepare for defining Donbas battleUS to provide $800mn in new military aid to UkraineThe FT News Briefing is produced by Fiona Symon 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.

Stockpiles of some of the world’s most important industrial metals have dropped to critically low levels, US banks start reporting quarterly earnings today and Boris Johnson has become the first British prime minister to commit a criminal offence. Plus, the FT’s Frankfurt correspondent, Joe Miller, explains why Volkwagen is pivoting its strategy away from growth and toward profit. Mentioned in this podcast:Metal stockpiles shrink as energy prices hit productionUS banks set for big hit to revenues as dealmaking dries upVW to scrap dozens of models to focus on profitabilityThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber 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.

Investors are bracing for another tough report on US inflation, Putin’s war in Ukraine has sparked an exodus of educated professionals from Russia and could worsen the country’s population decline, and conservative shareholder activists in the US have filed a record number of proposals this year as they try to counter what they call “woke-ism” in corporate America. Mentioned in this podcast:Ukraine war threatens to deepen Russia’s demographic crisisPolitical proxies: conservative activists file record shareholder proposalsEpic Games secures $2 bn in funding from Lego and Sony to build gaming metaverseThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber 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.

Incumbent Emmanuel Macron and far-right candidate Marine Le Pen will advance to the final round of voting after yesterday’s first round of the French presidential election, and Stefania Pal