Quasi Quatting and Liz Trust - What Does This Mean for the Chancellor and Prime Minister?

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Chancellor Quasi Quartang was behind plan that sparked the whole mess. There are a number of conservative MPs privately who think this episode has finished him off. The EU is trying to inflict more pain on Russia for invading Ukraine. President Jayar Bolsonaro is running for reelection in order to keep leading Latin America's largest economy.

The UK's tax cutting plan is a political liability, the EU announced another round of Russian sanctions, and Brazil is days away from a monumental presidential election.

Mentioned in this podcast:

Tory MPs question Kwasi Kwarteng’s future as market turmoil continues

Brazil’s election and the search for an economic revival

Jair Bolsonaro’s supporters reject bad news from Brazil election polls

‘It cannot be the madness that it is today’: what’s next for Petrobras?

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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