FT News Briefing Is the US headed for a recession?
Apr 14, 2022
US President Joe Biden has announced an additional $800 million in military aid to Ukraine amidst shifting military strategies in the region. The podcast dives into the intensifying economic debate over a potential recession, exploring contrasting views on the stability of the U.S. economy. As fears of a recession loom, it discusses the Federal Reserve's policies and their implications for inflation. Meanwhile, signs of easing inflation and market optimism offer a glimmer of hope amid overall economic uncertainty.
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Russia's New War Strategy
- Russia shifts its war tactics in Ukraine, moving from multiple fronts to a focused battle in Donbass.
- This change involves a new army chief and a more integrated military approach.
Recession Debate
- Recession fears are rising due to high inflation and the Fed's policy tightening.
- The debate centers on whether a recession is unavoidable to cool down the economy.
Robot Enforcers in Shanghai
- Shanghai uses robot dogs to enforce its COVID lockdown, broadcasting commands and patrolling streets.
- These devices order residents to stay inside and even call them out for mandatory testing.