News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon.
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News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon.
Hosted on Acast. See acast.com/privacy for more information.
Copyright: © Financial Times
Saudi Arabia is considering borrowing money on the local market in order to fund a growing budget deficit caused by the drop in oil prices and its expensive war in Yemen. Fiona Symon talks to Simeon Kerr, FT Gulf correspondent, about the kingdom's options.
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President Obama's plan to impose emissions cuts on the US power sector is opposed by political rivals and some industry. How significant is the plan and can it succeed? Orla Ryan puts the question to Pilita Clark, FT environment corresponent and Barney Jopson, Washington correspondent.
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Tom Hayes, a former star trader at UBS and Citigroup, has been sentenced to 14 years in prison for conspiring to rig Libor, the first conviction in the global scandal over the manipulation of benchmark interest rates. Martin Arnold talks to Lindsay Fortado about the implications of the case.
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Henry Mance rounds up this week's news with a look at the fightback against hack attacks, why Britain's Conservative leader David Cameron should not be too complacent, and why annual appraisals at work may be on their way out.
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Fiat Chrysler recalled 1.4m vehicles last week amid fears the company's Jeep Cherokees could be compromised by hackers, sending shockwaves through the industry. Murad Ahmed asked Andy Sharman, the FT's motor industry correspondent how carmakers are dealing with the cyber security threat.
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Nato allies have welcomed Turkey's decision to step up its fight against Isis. But its decision to include Kurdish opponents as the target of its air attacks is causing some concern. Siona Jenkins discusses Turkey's strategy with Daniel Dombey and Alex Barker.
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Ten years ago the Chinese government ended the renminbi's strict peg against the US dollar. Since then the currency has gained in stature in world trade, investment and as a reserve currency, reflecting China's growing international influence. James Kynge asks David Pavitt of HSBC and Jinny Yan of Standard Chartered what further changes are in store. Read more at ft.com/renminbi. Music: David Sappa
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Chinese equities have been in turmoil, suffering one of their worst days on record this week. FT Banking editor Martin Arnold asks Gabriel Wildau, the FT's correspondent in Shanghai, how damaging this is for the country's banking system.
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Robert Shrimsley rounds up the best of the FT's week in audio and video, including a look at corruption allegations in Brazil, what the removal of a financial regulator says about changing political priorities in Britain, dangerous spreadsheets and the mysterious disappearance of ugly people. Plus, Michael Skapinker joins the show to explain why he thinks it no longer makes sense to own a car.
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Much of the hope for Africa's progress in recent years has centred on Nigeria, with its emerging middle class and renaissance in business and the arts. Roula Khalaf asks William Wallis whether the country's new president can keep those hopes alive.
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