Topics covered include Geert Wilders' concession in the Netherlands, Ukraine's drone strikes on Russian oil refineries, US bill to ban TikTok, Nigeria's currency crisis linked to Binance, and the evolving warfare strategies in the Ukraine-Russia conflict.
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Quick takeaways
Far-right movements in Europe face challenges in gaining political power, as seen with Geert Wilders in the Netherlands.
Ukraine strategically uses drone strikes on Russian oil refineries to disrupt the war economy and alter the course of the conflict.
Deep dives
Far-right movement faces setback in the Netherlands
Geert Wilders, leader of the far-right Freedom Party in the Netherlands, failed to secure enough support to become the Prime Minister despite winning the most seats in the previous election. This setback reflects broader challenges faced by far-right movements in Europe.
Ukraine's drone attacks disrupt Russia's war economy
Ukraine has been intensifying drone attacks deep inside Russia, targeting key oil and energy infrastructure to disrupt Russia's war economy and divert its focus from attacking Ukraine. The country's officials emphasize the critical role of drones in filling battlefield gaps and potentially changing the course of the war.
Nigeria blames currency problems on Binance and crypto
Nigeria is experiencing a currency crisis, attributing the instability to platforms like Binance that facilitate crypto trading. The government accuses Binance of contributing to currency speculation and interfering with official exchange rates, leading to measures like blocking web access to the platform and detaining its executives.
Far-right firebrand Geert Wilders has conceded he will not become prime minister of the Netherlands, Ukraine has stepped up drone strikes on oil refineries deep inside Russia, and a bill to ban TikTok in the US passed the House of Representatives. Plus, Nigeria is in the middle of a currency crisis and the government is blaming Binance for a lot of it.
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by 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.