FT News Briefing Ukraine doubles down on counteroffensive
Sep 6, 2023
The podcast delves into the recent resignation of the EU’s competition commissioner and the UK’s slow recovery from Covid-related fraud losses. It highlights Ukraine's renewed vigor in its military counteroffensive, showcasing both its challenges and strategic shifts. Experts discuss the complexities of warfare tactics and Russia's robust defenses, as well as the hope for territorial gains in the ongoing conflict. Additionally, listeners learn about the implications of new digital regulations in the EU.
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EU's Tech Enforcer Steps Down
- Margrethe Vestager, known for her firm stance against large tech companies, is stepping down as the EU's competition chief.
- Her departure marks a significant shift in the EU's tech regulation landscape.
UK Struggles to Recover Fraudulent Grants
- The UK government faces challenges recovering a substantial amount of fraudulent Covid-19 business grants.
- Only 2% of the losses have been recouped due to legal complexities.
Ukraine's Counteroffensive Update
- Ukraine's counteroffensive progresses slowly due to strong Russian defenses.
- Despite criticism, Ukraine persists with its tactics, focusing on degrading Russia's logistical capabilities.