FT News Briefing A deep look inside the Congo River Basin
Jul 4, 2023
Financial experts weigh in on the UK's bank regulation crisis as savings rates struggle against soaring mortgage costs. Delve into the lush biodiversity of the Congo River Basin, where conservationists fight against poaching and illegal logging, showcasing the Baka people's heritage. Meanwhile, serious allegations against a well-known architect raise critical questions about the realities behind public personas. The discussions blend ecological insights with pressing social issues, making for a thought-provoking listen.
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FCA Addresses Savings Rates
- The UK's Financial Conduct Authority will meet with major banks to discuss low savings rates.
- The FCA is concerned banks are prioritizing profits over customer savings amid rising interest rates.
Journey into the Congo Basin
- David Pilling traveled up the Sanga River, a tributary of the Congo River, to the Mbali Ndoki rainforest.
- This rainforest is threatened by poachers and loggers but remains healthier than the Amazon.
Protecting the Congo Basin
- The Wildlife Conservation Society protects the Mbali Ndoki park by combating poaching and the illegal wild meat trade.
- A major challenge is the dense forest, making it difficult to track poachers.