FT News Briefing - Financial Times

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Trailer: Introducing the FT Weekend podcast Aug 30, 2021

Show notes

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

You can subscribe in your podcast feed of choice by searching for FT Weekend.

Sound design and mixing is by Breen Turner, with original music by Metaphor Music.

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How community banks were small business saviours during the pandemic Aug 30, 2021

Show notes

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, explains how US community banks played an instrumental role in keeping small businesses alive during the pandemic.

IMF’s Gopinath says emerging economies can’t afford ‘taper tantrum’ redux

https://www.ft.com/content/873ca2e8-63d2-40dd-842d-5409169166fa

How US community banks became ‘irreplaceable’ in the pandemic

https://www.ft.com/content/4face0c6-c1fb-47af-972b-8749e92b4baf

Wearables company Whoop valued at $3.6bn after SoftBank investment

https://www.ft.com/content/f3dde553-0aa1-4137-bc50-093b1003fa71

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.

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Life under the Taliban: ‘Herat is now like a ghost city’ Aug 27, 2021

Show notes

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 attacknear Kabul airport yesterday that killed at least 13 service members and an unknown number of civilians,and the Federal Reserve is preparing for today’s virtual Jackson Hole economic symposium under the cloud of the Delta variant, and Brussels has warned that it could sever a data-sharing agreement with the UK. Plus, the FT’s Najmeh Bozorgmehr reports on life in Afghanistan’s third-largest city, Herat, now that the Taliban are in control.

At least 13 US troops among those killed in Kabul bombings, with Aime Williams in Washington

https://www.ft.com/content/817bfbaa-e62a-4cc9-b503-54d0a53dfc52

Life under the Taliban: ‘Herat is now like a ghost city’, with Tehran correspondent Najmeh Bozorgmehr

https://www.ft.com/content/d30d1991-252e-4060-aa98-b5831e3f470c

Fed prepares for virtual Jackson Hole meeting under cloud of Delta, with US economics editor Colby Smith

https://www.ft.com/content/806b507c-3c07-4e93-bc59-763dfeed0e32?

EU takes aim at UK plan to rewrite data laws, with EU technology correspondent, Madhumita Murgia

https://www.ft.com/content/f344f7ea-2829-46d2-8943-26b73c5804da

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OnlyFans reverses its controversial porn ban Aug 26, 2021

Show notes

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 FT’s consumer industries reporter, Patricia Nilsson, explains OnlyFans’ ban on sexually explicit content, and its sudden reversal.

Turkey begins evacuation of troops from Kabul airport

https://www.ft.com/content/22046156-b4de-4b4c-abb5-1ae388f763c9

Erdogan rules out Turkish role as EU ‘warehouse’ for Afghan refugees

https://www.ft.com/content/09abc27e-607c-4d83-8e39-84eaa179565e?

Anti-money laundering fines surge as watchdogs impose tougher penalties

https://www.ft.com/content/7144ff53-5a17-477b-ab75-4f4a88b94fd2

OnlyFans reverses controversial porn ban, with consumer industries reporter Patricia Nilsson

https://www.ft.com/content/5468f11b-cb98-4f72-8fb2-63b9623b7b2b

German election wide open as Merkel successor loses poll lead

https://www.ft.com/content/a1f73855-8b68-4b7a-b0ec-5b9df6c77578

Germany poll tracker: the race to succeed Angela Merkel

https://www.ft.com/content/5885e964-6d54-46ba-be63-8fb7009075f2

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Lawsuit seeks accountability for Beirut port blast Aug 25, 2021

Show notes

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 the lawsuit that Lebanese lawyers have filed against a UK-registered chemicals company over the 2020 Beirut port blast.

Biden refuses to extend evacuation as Taliban blocks Afghans from airport, with US trade correspondent Aime Williams

https://www.ft.com/content/a42b6570-d037-41c9-9e35-a0e6779a2e87

UK targets social media, gaming and videos with new Children’s Code

https://www.ft.com/content/705e0468-bfcf-4f5d-b777-c25785d950cb?

Lebanese lawyers sue UK-registered company over Beirut port blast, with legal correspondent, Kate Beioley

https://www.ft.com/content/57e43122-04e5-4cc2-8fea-9ba910da5673

BBQ stocks: Wall Street feels the thrill of the grill

https://www.ft.com/content/6a2946b6-2124-4185-8cfa-f493a1f1d1a2?

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G7 tries to salvage Afghanistan crisis Aug 24, 2021

Show notes

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 programme is set to end early next month, leaving millions of gig workers without the support they’ve come to rely on.

Biden squeezed between allies and Taliban on Afghan deadline - with George Parker, political editor

https://www.ft.com/content/38838e4f-c55c-4504-9f5b-b7b7f8d904f8

Taliban finances swelled by proceeds of Afghanistan’s shadow economy - with Stephanie Findley, South Asia correspondent

https://www.ft.com/content/25b48967-2d8c-4acd-8699-e0cbdf164cb8

US gig workers carry on the fight for rights as jobless aid comes to an end - with Amanda Chu

https://www.ft.com/content/09b8b6aa-c545-4499-a615-d256cfa4e62e

SHOWNOTES

LIVE FT WEBINAR: Join FT correspondents and guests to discuss The Fall of Afghanistan: What Next? on Wednesday 25 August. Sign up for an FT subscriber webinar at ft.com/afghan-webinar

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Boris Johnson to host Afghanistan crisis talks Aug 23, 2021

Show notes

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 the curtain on Covid slump, and the spread of non-disclosure agreements, or NDA’s, is bad for companies as well as workers.

UK prime minister acknowledges China and Russia as crucial to limiting chaos while US hints at extending pullout deadline

https://www.ft.com/content/3073164b-43c5-45ec-bda5-f62f7107a747

Cinemas hope slate of blockbusters draws the curtain on Covid slump - with Christopher Grimes, Los Angeles correspondent

https://www.ft.com/content/a44b5c22-0b44-4c34-8f67-5540db152182

FEATURE: The NDA Boom is bad for both workers and employers - with Sarah O’Connor, employment columnist

https://www.ft.com/content/463c917d-c8b5-418d-b8f7-d582747091be

Female board members at FTSE 100 companies paid 40% less than men

https://www.ft.com/content/96b90579-b7cd-44a8-ba7e-cad6be5c6faa

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Auto industry chip shortage worsens Aug 20, 2021

Show notes

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 bloc’s message about Afghan refugees is different, and FT Management Editor Andrew Hill shares highlights from this year’s longlist for the FT & McKinsey Business Book of the Year Award.

Chip shortage deepens supply problems at global carmakers - with

Tokyo Correspondent Kana Inagaki

https://www.ft.com/content/89bd676c-fc10-4a69-9b03-dc50ed3f441d

In Europe, Afghan refugees raise spectre of 2015 asylum crisis - with Berlin Bureau Chief Guy Chazan

https://www.ft.com/content/15549b1b-81c9-452f-9876-e90dc6c61ce0

FT and McKinsey Business Book of the year Longlist - with Management Editor Andrew Hill

https://www.ft.com/content/2529e4d9-0ca2-4bec-bc14-8d6626651408

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Afghanistan’s ‘dire’ financial outlook Aug 19, 2021

Show notes

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 their power after Washington’s chaotic withdrawal; and a majority of Federal Reserve officials believe the US central bank could start withdrawing a massive pandemic stimulus programme later this year, according to a record of their latest meeting.

Afghanistan faces ‘dire’ financial outlook, warns former central bank chief - with Jonathan Wheatley, emerging markets correspondent

https://www.ft.com/content/65f61fb1-9462-4e25-990a-702812860b76

China and Russia poised to step into the Afghanistan gap - with James Kynge, global China editor

https://www.ft.com/content/7ceb9e3b-bd6e-43fe-bb86-80353249e6ac

Most Fed officials reckon stimulus could start winding down this year - with Colby Smith, US economics editor

https://www.ft.com/content/29be3f70-3f3e-4bfd-b26e-01833337587c

UK government intervenes in £2.6bn Ultra Electronics takeover by Cobham

https://www.ft.com/content/55b3e146-87cb-469b-a128-5865cb1abe87

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The Taliban’s first official press conference since taking Kabul Aug 18, 2021

Show notes

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 helpline set up by the Taliban after the messaging app came under pressure to block the group from using its services, and the British the aerospace and defence group, Ultra Electronics, is set to become the latest UK engineering specialist to fall into foreign ownership.

Islamist group urges citizens to return to daily lives even as government workers report harassment - with Stephanie Findlay, South Asia correspondent

https://www.ft.com/content/7f03429a-8d61-43df-9cd8-c9d9e9ba18c8

WhatsApp shuts down Taliban helpline in Kabul

https://www.ft.com/content/d8e29de8-aebb-4f10-a91e-89d454d4a9f7

Cobham agrees to buy rival UK defence group Ultra Electronics for £2.6bn - with Sylvia Pfeifer, industry correspondent

https://www.ft.com/content/87fe2b9f-a551-49ca-9624-c29f3e5fa9c4

BHP to shift main stock market listing from London to Sydney

https://www.ft.com/content/47e226aa-315c-48e3-aef3-44f83075dcc3

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