FT News Briefing Dispatch from northwest Syria
Feb 15, 2023
The podcast dives into the aftermath of a devastating earthquake in northwest Syria, detailing the desperate plight of survivors. It highlights public outrage in Turkey over unsafe building practices exacerbated by a controversial amnesty program. Additionally, inflation trends in the U.S. are discussed, revealing a slight cooling that might affect economic forecasts. The episode also touches on the aviation sector's rebound, with Air India's record plane order serving as a positive economic signal amid a backdrop of crisis.
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Sticky Inflation
- US inflation cooled slightly in January to 6.4% year on year, but less than anticipated.
- This stickiness may force the Federal Reserve to maintain higher interest rates for longer.
Devastation in Jinderis
- Raya Jalabi visited Jinderis, Syria, and witnessed utter devastation after the earthquake.
- People are shell-shocked, grief-stricken, and lacking basic necessities like baby formula, clothes, and blankets.
Delayed Aid to Syria
- Aid to Syria was delayed due to damage to the single UN-approved crossing point.
- This delay left Syrians feeling abandoned by the world, including Western and Arab nations.