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This chapter explores critical financial news, including Turkey's stock market decline driven by increasing interest rates, and the implications of the messaging app Telegram in the Ukraine conflict. It also delves into the legal controversies surrounding Telegram's founder in France.

Turkey’s stock rally hits reverse as juicy interest rates lure savers out of the market, and the FT’s Polina Ivanova explains how Telegram is a lifeline for both Russian and Ukrainian troops and civilians. Plus, Cornell University’s Eswar Prasad says Thailand could open a window into how central bank digital currencies might be used in future.

Mentioned in this podcast:

Turkey’s blazing stock rally falters with high rates luring savers away

War unfiltered: how Telegram straddles the Ukraine fron tline

Thailand may tell us a great deal about the future of money

The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Prakriti Panwar, 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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