FT News Briefing

Poland’s complicated relationship with Ukraine

Sep 25, 2023

10:22

Snipd AI

Poland's changing stance towards Ukraine, Russia's evasion of G7 sanctions, China's AIIB plans for climate financing, Big Mama's global expansion with private equity, and the luxury up-market segment in the restaurant industry.

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Russia bypasses G7 sanctions on oil exports by covertly shipping most of its oil by sea.

Poland's upcoming election has led to increased friction with Ukraine as the ruling right-wing party seeks to address voter frustration.

Deep dives

Russia Dodges Sanctions on Oil Exports

Russia has been able to bypass G7 sanctions on oil exports by creating a covert fleet of tankers that operate outside Western surveillance. This has allowed them to ship almost three-quarters of Russian oil by sea without facing the sanctions. The G7 had imposed a price cap on oil exports to limit Russia's revenue, which is crucial for funding its war in Ukraine.

Introduction

6min

Impact of scaling back support for Ukraine, AIIB's climate action plan, and Big Mama's expansion plans

2min

Big Mama's Decision to Expand with a Private Equity Firm

2min

Growth of the luxury up-market segment in the restaurant industry and the role of London Stock Exchange Group

2min

Russia has succeeded in avoiding G7 sanctions on most of its oil exports, Poland is calling for less support for Ukraine, China’s answer to the World Bank wants to commit more money to climate, and the restaurant group, Big Mamma, is going global thanks to private equity.

Mentioned in this podcast:

Russia dodges G7 price cap sanctions on most of its oil exports

A tug of war in Poland and Slovakia

‘China’s World Bank’ plans to triple climate change lending by 2030

Big Mamma restaurant group sells majority stake to private equity

CREDIT: DW News - Poland says it will no longer supply weapons to Ukraine

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, 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

Hosted on Acast. See acast.com/privacy for more information.