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Supporters of Brazil's former president stormed the country's capital yesterday. Top US banks report earnings this week, and the rosy picture might be fading from view. Gulf nations are sitting on piles of cash, and their sovereign wealth funds want to invest differently than they did in past oil booms.

Thousands of supporters of Brazil’s former rightwing president Jair Bolsonaro stormed the country’s capital, and America’s biggest banks are set to report another quarter of bumper profits. Plus, the FT’s Middle East editor Andrew England explains how Gulf nations’ sovereign wealth funds plan to invest the cash they’ve reaped from the recent boom in oil prices.

Mentioned in this podcast:

Supporters of Bolsonaro invade Brazil’s Congress

The new Gulf sovereign wealth fund boom

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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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