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FT News Briefing

Why inflation is sticking around

Mar 21, 2024
12:26
Snipd AI
Podcast discusses new tech in nuclear energy, profits at Chinese ecommerce group, US inflation affecting interest rates, Macron's push for European defense bonds, and the impact of rising rental prices on inflation trends.
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Podcast summary created with Snipd AI

Quick takeaways

  • French President Macron pushes for EU defense bonds to boost support for Ukraine and strengthen defense capabilities.
  • TerraPower's innovative nuclear plant aims to reduce construction costs and enhance energy security by decreasing reliance on foreign fuel sources.

Deep dives

EU Debates Defense Spending and Joint Bonds

French President Macron is pushing for the EU to issue joint European bonds to boost defense spending. This proposal aims to strengthen the EU's support for Ukraine and enhance its defense capabilities. While some EU members, like Germany, are cautious about joint debts, this plan could potentially finance the development of Europe's defense industry.

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