Impact of EU Deforestation Law on Palm Oil Producers

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This chapter explores Indonesia's concerns over the EU's new deforestation law, which palm oil producers argue is discriminatory. The implications of this legislation for the palm oil industry and its economic significance in the food and cosmetic sectors are also discussed.

Both the Federal Reserve and the Bank of England are set to announce interest rate decisions this week. In China, venture capital finance has dried up amid political and economic pressures. Plus, Indonesian palm oil producers warn of global supply chain disruption if the EU bans imported commodities linked to deforestation.

Mentioned in this podcast:

Jay Powell’s big week

How China has ‘throttled’ its private sector

Indonesia warns of ‘chaos’ from EU deforestation law

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

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