Can Portia Compete With Ferrari as a Luxury Carmaker?

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The migration crisis in the Americas keeps getting worse. In the past year, nearly two and a half million migrants were apprehended at the US-Mexico border. Venezuela's had 6.8 million people leave over the last five years which is on the same scale to Syria. And then on top of that, you've got Cuba and Haitians as well.

The US and EU are concerned that Russia can use Turkish banks to evade financial sanctions, Porsche tries to catch up to Ferrari with an initial public offering of its own, plus, the FT’s Latin America editor Michael Stott talks about record migration throughout the Americas.

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Repression and poverty trigger record migration crisis in the Americas

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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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