FT News Briefing

Putin breaks his silence on Prigozhin

Aug 25, 2023

09:54

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Putin addresses the death of Prigozhin, BRICS expands, Turkey raises interest rates, biomedical companies under scrutiny for using horseshoe crabs for testing.

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Episode notes

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Quick takeaways

Putin confirmed Progosian's death in a plane crash, raising questions about assassination and loyalty.

BRICS invited six new countries, including Saudi Arabia, to create a rival to G7, with Turkey's central bank raising interest rates amidst concerns over elections.

Deep dives

Confirmation of Evgeny Progosian's Death in Plane Crash

Vladimir Putin confirmed that Evgeny Progosian died in a plane crash. Progosian led a military group, Wagner, in a failed coup against Putin's government. The news of his death has raised speculation about whether it was an assassination or not. Progosian had been operating in Africa, recruiting mercenaries for Russian conflicts, which suggests he believed he could regain Putin's trust. This incident serves as a warning to anyone who thinks Putin is weak or has ideas against his leadership.

Introduction

2min

The Mysterious Life of Evgeny Progosian

3min

BRICS Expansion and Turkey's Interest Rate Hike

2min

Erdogan's Monetary Policy Shift and Its Impact on Turkey's Economy

1min

Horseshoe Crab Blood in Biomedical Industry

2min

Russia's leader Vladimir Putin on Thursday publicly said warlord Yevgeny Prigozhin was dead, the emerging markets group Brics has invited six more countries to join, and Turkey’s central bank has sharply boosted interest rates. Plus, biomedical companies are under more pressure to stop using horseshoe crabs for testing.

Mentioned in this podcast:

Putin says Prigozhin is dead in first Kremlin reaction to plane crash

Brics leaders invite 6 nations including Saudi Arabia to join bloc

Turkey raises interest rates as it steps up decisive shift in economic policy

Use of horseshoe crabs’ blue blood puts pharma groups under scrutiny

FT Weekend festival promo code: FTPodcast

Rachman Review: The end of Prigozhin

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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