Logo
    Search

    Podcast Summary

    • FCA to Discuss Savings Rates with UK Lenders, Exploration of Congo River BasinThe FCA plans to address concerns over low savings rates with UK lenders, while the Congo River Basin, the world's second-largest rainforest, faces threats from poachers, loggers, and environmental challenges.

      The UK's Financial Conduct Authority (FCA) is set to meet with UK lenders this week to discuss concerns over lagging savings rates and accusations of profiteering by top bankers. Meanwhile, in Central Africa, the FT's Africa editor, David Pilling, is exploring the Congo River Basin, the world's second-largest rainforest, which is under threat from poachers, loggers, and other environmental challenges. The rainforest, described as the "lungs of the world," absorbs vast amounts of carbon dioxide and emits oxygen. Conservationists are working to protect this valuable ecosystem, but it remains under threat from various exploitative activities. The FCA's potential intervention in the savings market could lead to a savings charter or set of commitments to address the issue of low savings rates. Stay tuned for more updates on these stories and more from the FT news briefing.

    • Protecting the Barka People's Virginal Forest in CongoThe Wildlife Conservation Society, led by Ben Evans and Congolese rangers like Bleck Mabiala, work to protect Congo's vast, unexplored Barka forest from hunting and ivory trade threats, preserving wildlife and forest resources, and mitigating impacts on urban centers.

      The virgin forest of the Republic of Congo, home to the Barka people, is a vast, largely unexplored area of over 4000 square kilometers. This forest, managed by the Wildlife Conservation Society, faces significant threats including hunting of protected wildlife for ivory trade and commercial wild meat trafficking. The park's director, Ben Evans, and his team, including experienced Congolese rangers like Bleck Mabiala, work tirelessly to protect the wildlife and preserve the forest. The challenges are immense, with the forest's dense terrain and the vastness of the area making it difficult to monitor and secure. Despite these challenges, Evans and his team remain dedicated to their mission. The importance of their work is underscored by the potential impact on urban centers, like Kinshasa, which rely on wild meat for food and the illegal ivory trade.

    • Challenges in Congo's Wildlife Preserves and Yahoo's ComebackRangers and scientists face challenges in Congo's wildlife preserves, while Yahoo seeks to regain independence amidst workplace misconduct allegations against architect David Adjaye and his firm

      Working in the Congo's wildlife preserves presents unique challenges for rangers and scientists, requiring intelligent patrolling and a commitment to preserving the entire ecosystem. Meanwhile, Yahoo, a once-prominent tech company, is aiming to regain its independence and market presence, despite past financial setbacks and recent allegations of workplace misconduct against architect David Adjaye and his firm. These allegations, which include sexual assault and a toxic work culture, have gone unchecked for years. The story was recently brought to light by journalists at The Feet. Josh Spiro, The Feet's associate arts editor, shares how they came across this story.

    • Allegations of Sexual Misconduct Against A Prominent Figure in the Arts WorldThree women have accused a prominent figure in the arts world, Ajay, of sexual misconduct. Despite his denial, the serious nature of the claims has led to the publication of their stories. It's a reminder that public figures can still face personal allegations, and speaking up can prevent similar experiences for others.

      The arts world is facing allegations of sexual misconduct against a prominent figure, Ajay, who has denied all accusations. Two women, who worked for him, came forward with their stories a year ago, and a third joined them recently. These women's experiences contrast sharply with Ajay's public persona of transforming architecture in Africa and pursuing excellence. The women hope that no one else will have to endure similar experiences, and although Ajay denies all allegations, the serious nature of the claims compelled the publication of their stories. The Feet, a news organization, has made these articles free to read for a limited time. This incident serves as a reminder that public figures, no matter their achievements and accomplishments, can still face serious personal allegations. It also underscores the importance of speaking up and sharing stories to prevent such experiences from happening to others.

    • Expressing gratitude on Mother's Day and obtaining health insurance during transitionsCelebrate Mother's Day with savings on flowers, treats, and gifts at 1-800-Flowers, while also securing health insurance through UnitedHealthcare during life transitions

      During special occasions like Mother's Day, it's important to express gratitude and appreciation towards the significant women in our lives. If you find yourself in a transitional period, such as between jobs or starting a business, you may need to consider obtaining health insurance. UnitedHealthcare Insurance Plans offer flexibility for those in need. Meanwhile, 1-800-Flowers provides an opportunity to celebrate Mother's Day by offering handmade bouquets, sweet treats, gourmet food, and unique gifts that can be easily ordered and delivered fresh. For a limited time, you can save up to 40% on Mother's Day bestsellers. So, don't wait, order today and save up to 40% at 1-800flowers.com/acast. In essence, take care of your health and well-being, and show love and appreciation to your moms by taking advantage of these special offers.

    Recent Episodes from FT News Briefing

    A final goodbye to EY’s Project Everest?

    A final goodbye to EY’s Project Everest?

    The US is inviting foreign ministers from Israel and Arab countries to the Nato summit next month, EY’s new global chief executive confirmed that the firm will not split in two, and Thames Water is on the brink of a financial collapse. Plus, the FT’s Lucy Fisher explains why immigration is an important issue in the UK elections. 


    Mentioned in this podcast:

    US invites Arab and Israeli ministers to Nato anniversary summit 

    New EY chief rules out reviving plan to split Big Four firm in two 

    Neither politicians nor the public think straight on immigration 

    Thames Water warns ageing assets pose ‘risk to public safety’ 


    The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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.


    FT News Briefing
    enJune 28, 2024

    Protests push Kenya to abandon tax rises

    Protests push Kenya to abandon tax rises

    JPMorgan is adding India's sovereign debt to its emerging markets index, and violent protests in Kenya stopped its president from signing a bill that would raise taxes. Plus, the FT’s Harry Dempsey explains why the US wants to lift sanctions on a billionaire to gain access to minerals in Africa. 


    Mentioned in this podcast:

    India braced for billions of dollars of inflows as bonds added to JPMorgan index 

    Kenya’s president drops tax rises after deadly protests 

    Billionaire under sanctions could get $300mn in controversial US-Congo deal 


    CREDIT: WSJ, KBC Channel 1


    The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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.


    FT News Briefing
    enJune 27, 2024

    Brussels strikes back against Big Tech

    Brussels strikes back against Big Tech

    Shares of electric vehicle start-up Rivian surged in extended trading after Volkswagen announced a plan to invest up to $5bn, global investment in clean energy is set to hit $2tn and the EU charged Microsoft for violating antitrust laws yesterday. Plus, the FT’s Emma Agyemang explains why a deadlock in the US Senate is threatening to upend a global tax treaty.


    Mentioned in this podcast:

    Rivian shares soar on Volkswagen plan to invest up to $5bn

    Clean tech investment set to hit $2tn in 2024 

    EU charges Microsoft with antitrust violations over Teams 

    Global tax truce frays over fears of US Senate deadlock 


    Do you have questions about the US election? Drop us a voice note here and we may play your question on Swamp Notes! 


    The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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.


    FT News Briefing
    enJune 26, 2024

    UK’s wealthy foreigners look for the exits

    UK’s wealthy foreigners look for the exits

    Chinese executives are trying to avoid US tariffs by relocating manufacturing, a growing number of wealthy foreigners in the UK are planning on leaving the country, and Brazilian financial markets have been performing poorly. Plus, the FT’s Tim Bradshaw explains whether Nvidia is on a crash course similar to some of the dotcom darlings from the 2000s tech bubble. 


    Mentioned in this podcast:

    Chinese companies seek assurances from Malaysia over US tariffs 

    Can Nvidia stay at the heart of the new AI economy?

    Wealthy foreigners step up plans to leave UK as taxes increase

    Brazilian markets hit by investor worries over Lula’s spending plans 


    The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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.


    FT News Briefing
    enJune 25, 2024

    India’s AI boom

    India’s AI boom

    The EU has devised a legal workaround to sidestep Hungary’s veto on buying weapons for Ukraine, investment vehicles that scoop up risky loans are being launched at a record rate in Europe this year, and agencies representing TikTok’s biggest advertisers are drawing up contingency plans as the US prepares to ban the popular video app. Plus, Amazon and Microsoft are scaling up infrastructure investments for artificial intelligence in India. 


    Mentioned in this podcast:

    EU devises legal loophole to bypass Hungary veto on support for Ukraine

    European CLO issuance hits record rate as investors chase yields

    India pulls in tech giants for its AI ambitions

    TikTok advertisers prepare contingency plans as US ban looms


    The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Denise Guerra, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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.


    FT News Briefing
    enJune 24, 2024

    Martin Wolf and Fiona Hill on democracy’s year of peril

    Martin Wolf and Fiona Hill on democracy’s year of peril

    Across the world, billions of citizens are being asked to cast their vote in elections taking place in more than 50 countries, and in many places, populist, illiberal and far-right parties are either growing in support or consolidating gains they have already made. Fiona Hill, who served as senior director for European and Russian affairs on the National Security Council in the Trump White House from 2017 to 2019, tells Martin Wolf about the parallels she sees between Donald Trump and Vladimir Putin, why she believes the US Congress has failed and how she will not be breathing a sigh of relief if President Joe Biden wins in the November polls. 


    Links: 


    Martin Wolf column: Fascism has changed, but it is not dead


    For Martin’s other FT columns click here


    Clips: The Times, The Sunday Times, CSpan


    This episode is presented by Martin Wolf. The producer is Sandra Kanthal. Production help from Sonja Hutson. The executive producer is Manuela Saragosa and the sound engineer is Nigel Appleton. The FT's global head of audio is Cheryl Brumley.










    Hosted on Acast. See acast.com/privacy for more information.


    FT News Briefing
    enJune 23, 2024

    Swamp Notes: Biden’s climate agenda runs out of steam

    Swamp Notes: Biden’s climate agenda runs out of steam

    Americans have inflation and foreign policy on their minds this election. That means that President Joe Biden’s ambitious climate achievements aren’t resonating with voters – especially young voters – the way his administration expected. The FT’s US climate reporter, Aime Williams, and Washington bureau chief, James Politi, join this week’s Swamp Notes podcast to explain why. 


    Mentioned in this podcast:

    How Joe Biden’s climate push fell flat with Gen Z voters

    Why Americans are not buying more EVs

    Sign up for the FT’s Swamp Notes newsletter here


    Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. 


    CREDIT: ESPN



    Hosted on Acast. See acast.com/privacy for more information.


    FT News Briefing
    enJune 22, 2024

    The shifting tectonic plates of UK politics

    The shifting tectonic plates of UK politics

    Credit agencies have misrated more than $100bn of commercial real estate debt, new election polls suggest the UK could be in for a seismic political shift, and the Philippines has been secretly reinforcing a dilapidated warship marooned on a South China Sea reef. Plus, drilling for naturally occurring hydrogen gas was deemed unfeasible, but prospectors now think differently.


    Mentioned in this podcast:

    Poll predicts Rishi Sunak to lose seat in Tory wipeout

    Why we can’t be sure of the size of the Labour swing

    How a cigarette sparked a slow-burn search for buried ‘gold’ hydrogen

    Philippines secretly reinforces ship at centre of South China Sea dispute

    Ratings agencies give high marks to bonds financing defaulted properties


    The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Josh Gabert-Doyon, Ethan Plotkin, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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.


    FT News Briefing
    enJune 21, 2024

    Bank robberies in Gaza

    Bank robberies in Gaza

    Hamas-backed militants orchestrate bank heists, the ECB raises alarm over Eurozone debt, Malaysia courts Chinese investment, and Softbank debuts “EmotionCancelling” AI.


    Mentioned in this podcast:

    Premier Li Qiang’s visit has Malaysia wanting more from China pivot 

    Armed gangs stage bank heists in Gaza


    This episode of FT News Briefing was produced by Josh Gabert-Doyon, Fiona Symon, Persis Love, Mischa Frankl-Duval. Additional help from Sonja Hutson, Kasia Broussalian and Marc Filippino. Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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.


    FT News Briefing
    enJune 20, 2024

    Nvidia claims top spot

    Nvidia claims top spot

    Nvidia capitalises on investor excitement over artificial intelligence, Japan’s TDK is claiming a breakthrough in materials used in its small solid-state batteries, and Silicon Valley companies are screening their staff for Chinese spying. Plus, the FT’s Saffeya Ahmed unpacks Shein’s tumultuous journey to go public. 


    Mentioned in this podcast:

    Nvidia vaults past Apple and Microsoft to become world’s most valuable company

    Apple supplier TDK claims solid-state battery breakthrough

    Behind the Money: The wrinkle in Shein’s IPO plans

    Shein switches focus to London after New York IPO stalls

    Silicon Valley steps up employee screening over Chinese espionage threat


    The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Kyra Assibey-Bonsu, Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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.


    FT News Briefing
    enJune 19, 2024

    Related Episodes

    Violence spreads at US universities over pro-Palestinian protests

    Violence spreads at US universities over pro-Palestinian protests

    US House speaker confronts students, calling the protests anti-Semitic and demanding they stop, while protesters fear loss of free speech. After six months of conflict in Gaza, we look at the impact on the Israeli and West Bank economies. Also: President Zelensky welcomes the long-awaited US aid package to Ukraine. We ask how likely it is to change events on the ground. Portugal's surprise mea culpa as it says it wants to take full responsibility for its involvement in the slave trade, and how easy is it to reconnect with old friends?