FT News Briefing EU prepares new sanctions after reports of Russian atrocities
Apr 4, 2022
The European Union is gearing up for new sanctions against Russia following shocking reports of atrocities in Ukraine. Meanwhile, French President Emmanuel Macron cautions supporters not to take his re-election for granted amidst a rising challenge from Marine Le Pen. The podcast also highlights growing tensions within NATO linked to a shift towards Euroscepticism. Additionally, the crisis in China’s property sector is spotlighted, marked by significant auditor resignations and delays in financial disclosures.
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EU Prepares New Sanctions Against Russia
- The EU is preparing new sanctions against Russia after alleged atrocities near Kyiv.
- These potential sanctions include a ban on Russian ships and road transport, and targetting more oligarchs.
Macron's Reelection Not Guaranteed
- French President Emmanuel Macron warned supporters not to assume his reelection.
- His rival, Marine Le Pen, has narrowed the gap in polls by focusing on economic concerns.
China Property Sector Debt Crisis Worsens
- China's property developers are delaying financial results, leading to auditor resignations.
- This lack of transparency makes it difficult to assess the true extent of the debt crisis.