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FT News Briefing

Private equity wrestles with higher interest rates

Nov 6, 2023
10:50
Snipd AI
Topics include Donald Trump's civil fraud trial, Japan's stimulus to tackle inflation, the impact of higher interest rates on private equity, and Warren Buffett's record cash holdings.
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Podcast summary created with Snipd AI

Quick takeaways

  • Donald Trump faces a civil fraud case that could have significant consequences for his business operations in New York.
  • Japan's Prime Minister announces a stimulus package to tackle inflation and boost popularity but risks complicating the Bank of Japan's monetary policy.

Deep dives

Trump Testifies in Civil Fraud Case

Former U.S. President Donald Trump is facing a civil fraud case where he is accused of inflating his net worth, committing fraud to obtain better loan and insurance terms. The outcome of the case could lead to significant penalties and potentially impact Trump's ability to operate a business in New York.

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