FT News Briefing

Read a transcript of this episode on FT.com https://www.ft.com/content/91b4abd2-1ef7-4069-ac25-a4759a2ddfb8 Washington has launched a security partnership with London and Canberra which will support Australia’s plan to build a fleet of nuclear-powered submarines and strengthen the allies’ ability to counter China, and Canada holds an election next week with prime minister Justin Trudeau facing une...

Read a transcript of this episode on FT.com https://www.ft.com/content/24c2b733-9dca-4dcf-81d2-ca90583a3ac9 US consumer prices in August rose at a more moderate pace in a sign that inflationary pressures associated with the end of Covid-19 lockdowns are easing, and bank executives say consumer spending is outpacing pre-pandemic levels as shoppers shrug off the Delta variant, and Blackstone abandon...

Read a transcript of this episode on FT.com https://www.ft.com/content/63d65f6a-045d-4da8-b170-c30642cea5cc Chinese police are using a new anti-fraud app installed on more than 200m mobile phones to question people who have viewed overseas financial news sites, and Brazil’s first openly gay state governor enters the country’s race for president. Plus, the FT’s Houston correspondent, Justin Jacobs,...

Read a transcript of this episode on FT.com https://www.ft.com/content/40cef59a-441b-4b97-bea8-7a3ec838bc4b Beijing wants to break up Alipay and create a separate app for the company’s highly profitable loans business, Norway’s voters will weigh in on the country’s petroleum production in what’s being called a “climate election,” and a new analysis found that Ireland is failing to keep US Big Tech...

Twenty years after the Twin Towers were brought down, FT Weekend podcast host Lilah Raptopoulos explores where 9/11 sits in our memories. The FT’s New York correspondent Joshua Chaffin introduces us to billionaire developer Larry Silverstein, who bought the World Trade Center in July of 2001 and had to rebuild on the site of a tragedy. How do spaces change in meaning over time? The FT’s former Kab...

Read a transcript of this episode on FT.com https://www.ft.com/content/0b052bc2-c481-49c7-a645-c83e90f45ff1 A poll shows leading economists believe the Federal Reserve will raise interest rates in 2022 due to inflationary pressures, the ECB says it will move to “a moderately lower pace” in its €1.85tn pandemic emergency purchase programme, and one of China’s largest property developers, Evergrande...

Read a transcript of this episode on FT.com https://www.ft.com/content/7344543b-aefa-4715-8494-7c92e1e531f2 A court heard opening arguments in the case against the founder of the failed blood-testing technology start-up Theranos, Janet Yellen has warned that the US Treasury could run out of cash next month, and PayPal has acquired the Tokyo-based buy now, pay later company, Paidy. Plus, the FT’s e...

Read a transcript of this episode on FT.com https://www.ft.com/content/7a545b87-55eb-4dbd-b9a0-c80def4bdcf8 Pfizer’s chief scientific officer Philip Dormitzer denied that the company should have developed a more potent Covid-19 vaccine, and the Taliban has announced Afghanistan’s first government since the US left the country, and James Bullard, president of the St Louis Fed pushed back on concern...

Read a transcript of this episode on FT.com https://www.ft.com/content/768cdb61-a131-42de-b8d6-42c3c757cb82 Prime minister Boris Johnson will announce a tax rise of more than £10bn a year today, and the military junta that overthrew Guinea’s president is urging mining companies to keep operating.   Plus, the FT’s emerging markets correspondent, Jonathan Wheatley, explains why developing count...

Read a transcript of this episode on FT.com https://www.ft.com/content/6b286858-b05a-4211-8e04-315b4e8bac38 A frantic summer of dealmaking has put 2021 on track to break records, and Japan’s future is uncertain after prime minister Yoshihide Suga abruptly announced his departure. Plus, the FT’s private capital correspondent explains how a prominent British private equity firm went public this...

In this first-ever episode of the FT Weekend podcast, host Lilah Raptopoulos talks to Eleven Madison Park’s Daniel Humm and Chez Panisse’s legendary Alice Waters to discover how the world’s top chefs are finding purpose beyond their restaurants. Humm created a buzz in May when he announced that his world-famous restaurant would be going entirely plant-based. Has that risk paid off? And what does i...

Read a transcript of this episode on FT.com https://www.ft.com/content/0b603fa8-7afc-46f3-bae6-46b89a0def8f Bankers and investors are bracing for a bumper month of debt issuance in the US, and Germany’s Dax is welcoming 10 new companies to its index. Plus, the FT’s Lilah Raptopoulos talks about the launch of her new show, the FT Weekend podcast.  Banks and investors gear up for US corporate d...

Read a transcript of this episode on FT.com https://www.ft.com/content/385a236d-c829-47e8-b3a3-c0c3ef2d5387 YouTube has netted 50m paying subscribers for its music streaming services, and the dearth of truckers has become so severe in the US that some fleet owners are petitioning officials to let more foreign operators into the country. Plus, the FT’s US banking editor Josh Franklin explains that...

Read a transcript of this episode on FT.com https://www.ft.com/content/53441ca2-a824-4f2c-8a76-c10ebde4840b Brussels is drafting a proposal for a €600m package to help Afghanistan’s neighbours host refugees fleeing the Taliban, and luxury brands are uncertain about their future in China after President Xi Jinping’s call for wealth distribution. Plus, the FT’s global finance correspondent, Rob...

Read a transcript of this episode on FT.com https://www.ft.com/content/86c5ce53-69cb-4bf2-b79e-7e67f1b71cfa QR codes have replaced service staff in the pandemic and experts worry that means many jobs lost during the coronavirus pandemic will not return, and Germany’s inflation has risen to its highest level since 2008. Plus, the FT’s US banking correspondent, Imani Moise, explains how Bank of Amer...

We'd like to introduce you to our new show: FT Weekend. Turn off your email alerts and settle in. Every Saturday, from September 4, join host Lilah Raptopoulos for inspiring conversations, in-depth storytelling, a bit of escapism and a lot of fun. Brought to you by the award-winning Life & Arts journalists at the Financial Times. You can subscribe in your podcast feed of choice by searching fo...

Read a transcript of this episode on FT.com https://www.ft.com/content/e03bcc3e-c418-47e6-9037-0f0030529af0 The US tomorrow will withdraw all of its troops from Afghanistan and the country faces a potential economic catastrophe. The International Monetary Fund’s chief economist warns that emerging market economies can’t afford another ‘taper tantrum.’ Plus, FT contributing editor, Brendan Greeley,...

Read a transcript of this episode on FT.com https://www.ft.com/content/3e727154-099c-4af8-b3a0-5aa2742bcdca US military officials are blaming Isis for an attack near Kabul airport yesterday that killed at least 13 service members and an unknown number of civilians, and the Federal Reserve is preparing for today’s virtual Jackson Hole economic symposium under the cloud of the Delta variant, and Bru...

Read a transcript of this episode on FT.com https://www.ft.com/content/a2aabbbe-070f-48f1-92f2-5ed1ec85cf2b Turkey’s military has begun withdrawing its troops from Kabul airport while the country’s president Recep Tayyip Erdogan said his country can’t handle more migrants, and global regulators are imposing heavy fines on financial institutions for failing to stop anti-money laundering. Plus, the...

Read a transcript of this episode on FT.com https://www.ft.com/content/03108ae2-9645-4849-a165-52eee0272790 US President Joe Biden is defying international pressure and sticking by his plan to withdraw American troops from Afghanistan by the end of the month, and the UK will roll out new regulations to protect children’s data online. Plus, the FT’s legal correspondent, Kate Beioley, talks about th...

Read a transcript of this episode on FT.com https://www.ft.com/content/f23d324d-b17e-4f6a-bacd-dad8fed54493 At an emergency G7 meeting US president Joe Biden will hear calls from western allies to negotiate with the Taliban for an extension to the US-led evacuation from Afghanistan while facing the humiliating prospect that the Islamist militants may veto the idea, and a US pandemic assistance pro...

Read a transcript of this episode on FT.com https://www.ft.com/content/94500fca-aef3-4ab6-82d5-08005ee49c49 UK prime minister Boris Johnson will on Tuesday host crisis talks on Afghanistan with world leaders as Britain presses the US to extend the evacuation timetable amid chaos and deaths at Kabul airport, US cinema owners meeting in Las Vegas this week hope a slate of blockbusters will draw...

Read a transcript of this episode on FT.com https://www.ft.com/content/243efeb3-032a-4282-b83a-24f566ea1161 The chip shortage hobbling the auto industry has worsened as a wave of coronavirus cases spreads across south-east Asia with three of the world’s largest automakers announcing new disruptions on their assembly lines, Europe remains scarred by the memory of the Syrian refugee crisis and the b...

Read a transcript of this episode on FT.com https://www.ft.com/content/b1c4e938-b959-4767-aba9-2aedc1f44005 The former head of Afghanistan’s central bank has warned that the country is facing “dire” financial prospects and an acute shortage of dollars and higher inflation will fuel the flow of migrants out of the country; the Taliban’s takeover hands China and Russia an opportunity to project thei...

Read a transcript of this episode on FT.com https://www.ft.com/content/9950c2c0-f75c-4098-aa1f-01e3ffc38644 In the Islamist group’s first official press conference since it took Kabul, Taliban spokesperson Zabihullah Mujahid said the militants would not seek revenge against government officials or the Afghan soldiers it has fought for the past two decades, and WhatsApp has shut down a complaints h...