FT News Briefing Wednesday, May 15
May 15, 2019
A significant vulnerability in Intel chips could expose sensitive data to hackers. Meanwhile, Wall Street shows signs of recovery as trade war fears subside. The U.S.-Mexico trade dispute casts a shadow over the fruit and vegetable market. In UK politics, Prime Minister Theresa May urges Labour Party leader Jeremy Corbyn to decide on her Brexit compromise. Additionally, insights from Buenos Aires reveal how the IMF's massive bailout is influencing Argentina's ongoing economic crisis, marked by high inflation and public skepticism.
AI Snips
Chapters
Transcript
Episode notes
Intel Chip Vulnerability
- Intel revealed a vulnerability called "Zombie Load" affecting chips made since 2011.
- Fixing it requires updates and might slow down systems, posing risks to cloud data centers.
Trade War Fears Ease
- Trump's tweets eased trade war fears, suggesting a deal with China is still possible.
- He also urged the Federal Reserve to match China's stimulus moves.
US-Mexico Trade Dispute
- A US-Mexico trade dispute impacts food prices.
- Tariffs on Mexican tomatoes and border delays affect avocados, lemons, and bananas.