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−1 d

Spain’s migrant crisis exposes serious challenges for young Moroccans

Wall Street giants are partnering with Nvidia on a $500bn AI financing deal, the mega-merger between AstraZeneca and Bristol Myers Squibb has been put on ice, and queues at some EU airports have doubled because of border checks. Plus, the FT’s Malaika Kanaaneh Tapper explains why Morocco’s economy isn’t helping its young workers. Mentioned in this podcast: Wall Street giants partner with Nvidia on $500bn AI financing deal How AstraZeneca’s pursuit of US rival Bristol Myers unravelled EU airport queues double due to border checks Hotel prices in Europe surge ahead of historic eclipse Spain’s migrant amnesty a ‘very bad idea’, says Swedish PM Morocco’s two-speed economy leaves young workers behind Want to get in touch? Email us at podcasts@ft.com FT subscription finder: https://find-your-subscription.ft.com/?segmentId=288f5dc5-4a4b-0745-84da-8f07c7202cd4 Note: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, and Katya Kumkova. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
−2 d

Deadly protests in Kashmir test Pakistan’s government

China is bypassing shipping chokepoints with an “Ice Silk Road” route through the Arctic, dozens of people have been killed in election clashes in Pakistan-administered Kashmir, and Germany’s economy minister warned that growing support for a far-right political party could deter foreign investors. Plus, we take a look at the bank behind China’s AI listings bonanza, and how the UAE has won over Washington. Mentioned in this podcast: China bypasses shipping chokepoints with ‘Ice Silk Road’ through Arctic Deadly protests in Kashmir test Pakistan’s military rulers German economy minister warns AfD’s rise could deter investors The bank behind China’s AI listings bonanza How the UAE won over Washington FT subscription finder: https://find-your-subscription.ft.com/?segmentId=288f5dc5-4a4b-0745-84da-8f07c7202cd4 Want to get in touch? Email us at podcasts@ft.com Note: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, and Katya Kumkova. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
−5 d

Crude retreats but fuel prices stay high

Weakened refining capacity in Russia and the Gulf is a boon to US refiners. Plus, the Trump administration’s decision to revoke legal protections for migrants could hurt the US economy, and Google is shifting control of its AI effort from London back to Silicon Valley. Mentioned in this podcast: Refining crunch keeps fuel prices high as crude retreats Google shifts AI power back to Brin as DeepMind’s Hassabis steps aside ‘People are going to kill me’: Haitians fear deportation as US revokes protected status Want to get in touch? Email us at podcasts@ft.com Note: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, and Katya Kumkova. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
−5 d

How to break China’s chokehold on rare earths

In the midst of the US-China trade conflict last year, Beijing unsheathed its fiercest weapon. By ramping up restrictions on exports of rare earth metals – crucial elements for high-tech manufacturing – China forced the US to climb down. That show of strength was a wake up call for the US. It has since spent huge sums backing mining companies, penned eye-catching deals and moved to collaborate with allies. But after a little more than a year, how much progress has it made in breaking China’s hold on the rare earths supply chain? Featuring: Abigail Hunter of the SAFE Center for Critical Minerals Strategy; Gracelin Baskaran of the Critical Minerals Security Program at the Center for Strategic and International Studies; Cory Combs of Trivium China; and FT commodities correspondent Camilla Hodgson. Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen. Further reading: China and the new era of critical minerals diplomacy Hedge funds raise bets against US-backed critical minerals companies China restricts trading with some US rare earth companies Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Original music by Breen Turner. Sound design by Breen Turner and Samantha Giovinco. Manuela Saragosa and Topher Forhecz are the executive producers. Flo Phillips is the FT’s head of audio. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
−5 d

The Economics Show: China wanted western tech. Now, the tables have turned.

Today, we're bringing you an episode from another podcast in the FT stable: The Economics Show with Soumaya Keynes For decades, China accelerated its industrial development through a straightforward bargain: foreign firms invested in China, often through joint ventures, gaining access to the enormous Chinese market, while Chinese companies absorbed western tech and knowhow. Today, that dynamic is changing. China's high-tech industries are now world-leading, and western governments are looking on enviously. So should the US and EU now take a page from China's playbook? Host Soumaya Keynes speaks to John Minnich, assistant professor of international relations at LSE, about the history of Chinese tech transfer, how it drove industrial sophistication and whether the west could — or should — attempt something similar. Listen to more from The Economics Show: podfollow.com/economics-show Further Reading How China pulled off a great tech reversal EU to include UK and Japan in ‘Made in Europe’ plans John Minnich: Divide and Conquer: Industry Market Structure, Inter-Firm Rivalry, and Bargaining over Technology Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Original music and sound design by Breen Turner. Manuela Saragosa is the executive producer. Flo Phillips is the FT’s head of audio. Hosted on Acast. See acast.com/privacy for more information.
5 aug.

The hidden financial world of ancient Rome

Ancient Rome is often depicted as a glamorous empire of power, sophistication and wealth. Yet for most people, the reality of daily life was precarious. Host Robin Wigglesworth talks to Kim Bowes, author of Surviving Rome: The Economic Lives of the Ninety Percent, about how ordinary Romans combined real grit with surprising financial sophistication in order to weather a system that was stacked against them. They uncover a hidden financial world in which women often ran the household finances, families delivered their own children into debt bondage and shepherds might sell wool futures on rented sheep. A far cry from the Rome of popular imagination, this is the ancient Roman empire as most Romans experienced it. Further reading: Surviving Rome: The Economic Lives of the Ninety Percent by Kim Bowes Credits: Getty Images Love listening to The Story of Money? Join Robin and Gillian on Saturday 5 September at Kenwood House Gardens in London, or online as the FT Weekend paper comes to life. Register now at ft.com/festival and enjoy 10% off with code FTPodcast. To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: https://www.youtube.com/@FTTheStoryOfMoney Learn more at www.ft.com/tsom or get in touch at thestoryofmoney@ft.com. Hosts: Gillian Tett and Robin Wigglesworth Producer: Lulu Smyth Senior Producer: Michela Tindera Executive Producer: Manuela Saragosa Original music and sound design: Breen Turner Broadcast engineers: Bianca Wakeman and Petros Giuompasis Podcast Development: Laura Clarke FT Global Head of Audio: Flo Phillips Video editor: Josh Divney and Kristen Kenyon at Podcast Discovery Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
−14 h

US asks Ukraine to stop strikes on tankers using Russian port

Ukraine has halted drone strikes on oil tankers using a critical Black Sea port after a request by the US, suspected Chinese hackers hit Taiwan with an autonomous AI cyber attack, and the head of the Boston Federal Reserve thinks policymakers may be forced to raise rates in September. Plus, measures of volatility in stocks and currencies have tumbled this summer despite the geopolitical uncertainty. Mentioned in this podcast: JD Vance asked Ukraine to halt strikes on tankers using Russian port China-linked hackers hit Taiwan in unprecedented ‘autonomous’ AI cyber attack Americans are struggling to make ‘ends meet’, top Fed official says Volatility tumbles as markets shrug off Middle East risks Credit: White House Want to get in touch? Email us at podcasts@ft.com FT subscription finder: https://find-your-subscription.ft.com/?segmentId=288f5dc5-4a4b-0745-84da-8f07c7202cd4 Note: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, and Saffeya Ahmed. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
4 aug.

America’s puzzling yen intervention

Novo Nordisk’s CEO checks in on his first year at the helm, and Russia is quietly assembling a "shadow fleet" of ships to circumvent EU sanctions. Plus, we take a deep dive into a historic joint intervention in Japan’s currency. Mentioned in this podcast: ‘Arrogance kills’: Novo chief injects risk-taking into Ozempic-maker AstraZeneca investors raise concerns over mega-merger talks Russia expands shadow LNG fleet ahead of EU ban Team America: Yen police Japan vows further yen intervention with US if needed Listen to Unhedged on Apple Podcasts, Pocket Casts or Spotify. Want to get in touch? Email us at podcasts@ft.com Note: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed and Katya Kumkova. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Special thanks to Nisha Patel. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
−5 d

The cockroach rebellion in India

What began as outrage over a senior judge's comments has become one of the most striking youth protest movements India has seen in years. Gideon talks to Professor Mukulika Banerjee of the London School of Economics about why so many young Indians have taken to the streets, what the "cockroach movement" says about the country's economic and educational pressures, and whether it poses a genuine challenge to Narendra Modi's government. Clip: BBC Free links to read more on this topic: Abhijeet Dipke, the face of India’s victorious ‘cockroach’ protests India’s ‘Cockroach’ Gen Z has had enough India should listen to its frustrated youth Why India’s student protests are different India’s ‘cockroach’ movement halts protests after minister quits Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe. Presented by Gideon Rachman. Produced by Clare Williamson. Sound design is by Breen Turner Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachman Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
3 aug.

Spain’s migrant crisis reopens deep EU rifts

UK drugmaker AstraZeneca is in talks to combine with US rival Bristol Myers Squibb, and European governments will hold an online meeting to discuss Spain’s migrant crisis. Plus, wildfires and heatwaves in Europe have already cost more than €3bn this year. Mentioned in this podcast: AstraZeneca holds talks with Bristol Myers Squibb over $400bn tie-up EU ministers to discuss Spain’s migrant crisis after Sánchez hits out over criticism Europe’s fire costs mount to beyond €3bn, FT analysis shows Hungary braced for power cuts amid extreme drought Want to get in touch? Email us at podcasts@ft.com Note: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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