FT News Briefing What next for Russia after Navalny?
Feb 19, 2024
The podcast dives into the chilling aftermath of Alexei Navalny's death and its implications for the Kremlin's grip on power. It highlights the escalating repression in Russia and the dimming prospects for opposition ahead of the presidential election. On the investment front, there's a notable trend of U.S. investors flocking to emerging market ETFs that exclude China, influenced by geopolitical tensions. Additionally, structural reforms in India and Mexico are transforming supply chains, reshaping global investment strategies.
AI Snips
Chapters
Transcript
Episode notes
Navalny's Impact and Russia's Future
- Alexei Navalny's death underscores the suppression of dissent in Russia under Putin.
- The opposition movement is effectively eliminated, with leaders jailed, exiled, or dead.
Apple's EU Fine
- Apple faces a €500 million EU fine for anti-competitive practices in music streaming.
- This marks Apple's first EU antitrust penalty, joining other fined tech giants like Google and Meta.
Shifting Investments Away from China
- U.S. investors are shifting from China-focused ETFs to those excluding China.
- Geopolitical tensions and China's economic policies contribute to this trend.