FT News Briefing White House under pressure to expel Bolsonaro
Jan 10, 2023
The White House is under pressure to expel former Brazilian president Jair Bolsonaro amid turmoil in Brazil. Legal challenges await him upon returning home, especially concerning his pandemic response. Meanwhile, President Macron is gearing up for a contentious debate over raising France's retirement age amidst demographic shifts. Additionally, China is tightening its grip on the stock market, restricting certain companies from going public to steer funding towards strategic sectors, highlighting the battle between profit and national objectives.
AI Snips
Chapters
Transcript
Episode notes
Bolsonaro in Florida
- Jair Bolsonaro, former Brazilian president, is currently in Florida, U.S.
- He faces multiple legal investigations in Brazil related to his pandemic conduct and potential connections to the recent riots.
French Pension Reform
- French President Emmanuel Macron plans to raise the retirement age, a move crucial for public finances and employment.
- He faces potential resistance from unions and public protests.
China's Stock Market Regulations
- China is blocking certain domestic companies from listing on stock exchanges to steer funding towards strategic sectors.
- This includes promoting industries like biochemistry and semiconductors while restricting areas like food and consumer services.