FT News Briefing
Apple is accused of profiting from 'blood minerals'
Jan 21, 2025
Belgium is investigating allegations that a major tech company profits from 'blood minerals' in the Congo. The implications of ethical sourcing raise questions about corporate responsibility and human rights. Meanwhile, Donald Trump's policies are reigniting discussions on democracy and trade. Toyota faces challenges in promoting hydrogen vehicles, as consumer acceptance lags behind electric alternatives. The podcast also touches on recent dynamics in climate collaboration within the banking industry, highlighting shifting priorities in sustainable practices.
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Quick takeaways
- The Democratic Republic of Congo's legal action against Apple highlights the urgent need for corporate accountability in sourcing conflict minerals.
- Toyota is reevaluating its hydrogen vehicle strategy to focus on commercial uses, addressing competition from the growing electric vehicle market.
Deep dives
Trump's Aggressive Policy Measures
Donald Trump's inauguration marked the beginning of a bold new agenda, with promises to restore American greatness and tighten immigration policies. He declared a national emergency concerning the southern border and committed to halting illegal immigration, reinstating the Remain in Mexico policy, and deploying troops to combat what he termed an 'invasion.' Trump's climate change stance included plans to withdraw from the Paris Accords and abandon targets for electric vehicles, emphasizing fossil fuel production with slogans like 'drill, baby, drill.' His foreign policy ambitions included reclaiming control of the Panama Canal and aspirations for interplanetary travel, reflecting a significant shift in the U.S. approach to global issues.
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