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FT News Briefing

What next for Russia after Navalny?

Feb 19, 2024
11:09
Snipd AI
Discussion on EU's €500mn fine on Apple, German investments in the US, and investors moving away from China-focused ETFs. Insights into the political climate in Russia post-Navalny, concerns about oppression, and economic reforms in India and Mexico.
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Podcast summary created with Snipd AI

Quick takeaways

  • German companies increase US investments due to Biden's incentives and strong economy.
  • Navalny's death in Russia leads to increased repression and consolidation of power by Putin.

Deep dives

German companies increase investment in US projects due to Biden's policies

German companies have nearly doubled their investment in US projects as a result of President Joe Biden's Inflation Reduction Act. The Biden administration's tax incentives and a strong US economy have encouraged increased investment. Volkswagen, Mercedes-Benz, and BASF are among the companies that have made record investments in the US, particularly in areas such as SUV projects, battery production, and petrochemical plants.

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