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FT News Briefing

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Apr 23, 2022 • 26min

FT Weekend: The good life, with chefs Daniel Humm and Alice Waters

This weekend we’re returning to the first-ever episode of the FT Weekend podcast, from September. Lilah talks to Eleven Madison Park’s Daniel Humm and Chez Panisse’s legendary Alice Waters to discover how the world’s top chefs are finding purpose beyond their restaurants. Humm created a buzz in May when he announced that his world-famous restaurant would be going entirely plant-based. Has that risk paid off? And what does it mean to do good as a chef? Plus: the FT’s design critic Edwin Heathcote gives us a tour of the world’s most vengeful architecture, and reporter Madison Darbyshire shares tips for how to furnish your home with old things. Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. —----------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC! To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 50% off.Links from the episode Lilah’s piece on chefs: https://www.ft.com/content/246cdc2a-f135-4d3d-9d74-e524e9217699  Edwin on the architecture of spite: https://www.ft.com/content/1161fbbe-5ae1-4328-bf59-dcd8b1d6564f Madison’s masterclass in flea-market chic: https://www.ft.com/content/6c8bf8a2-ddee-11e9-9743-db5a370481bc  Sound design and mixing is by Breen Turner, with original music by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.
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Apr 22, 2022 • 12min

Introducing: the FT Climate Game

Elon Musk unveiled a $46.5bn financing package to fund his takeover bid for Twitter, Netflix lost close to 40 per cent of its market value after revealing that its once-blistering subscriber growth had gone into reverse, Fed Chair Jay Powell signalled the Fed could raise rates by a half point in May, the FT’s Climate Game allows players to try and save the planet from the worst effects of climate change. Mentioned in this podcast:Elon Musk unveils $46.5bn financing package to fund Twitter bidNo, you did not see the Netflix mess coming Powell signals Fed is prepared to raise rates by a half-point in MayBill Ackman sells entire Netflix stake at roughly $400mn lossThe climate game: can you reach net zero by 2050?FT Podcast SurveyThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Apr 21, 2022 • 9min

Algeria struggles to meet Europe’s rising demand for gas

FT correspondents provide insight on the latest developments in Ukraine, why Algeria cannot supply more energy to meet Europe’s demand, and US airlines respond to a judge’s decision to strike down a mask mandate for transport. Mentioned in this podcast:Mexico nationalises lithium in populist president’s push to extend state controlAlgeria struggles to meet rising demand for its gas after Russian invasion of UkraineCovid travel mask ruling threatens to tie CDC’s hands on future pandemicsThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Apr 20, 2022 • 10min

Who will back Elon Musk?

Elon Musk’s $43bn bid to take Twitter private is struggling to draw interest from private equity groups, Netflix shares tumbled on Tuesday after its first quarter earnings report, and the International Monetary Fund has cut its global growth forecast. Plus, the journalist Neri Zilber explains how Israel is handling an influx of immigrants leaving their countries because of the war in Ukraine.  Mentioned in this podcast:Big buyout groups rule out writing equity cheque for Musk’s $43bn Twitter bidNetflix sheds subscribers for the first time in a decadeIMF cuts global growth forecast to 3.6% as Ukraine war hits neighbours hardUkraine conflict sparks biggest influx of immigrants to Israel in decadesPodcast surveyThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Apr 19, 2022 • 10min

US Treasury ‘real yields’ about to eclipse inflation expectations

Bank of America gave a bullish revenue outlook as the second-largest US lender reported better than expected earnings, and Mexico’s opposition politicians helped defeat a radical energy reform bill backed by President López Obrador. Plus, the FT’s Eric Platt explains why real yields on US treasury bonds are nearing positive territory and what it means for other financial markets. Mentioned in this podcast:Fed policy tightening sends US ‘real yields’ to brink of positive territoryBofA offers rosy revenue outlook as lending rebound boosts resultsMexican president’s radical energy reform defeated in congressThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Apr 18, 2022 • 11min

A year after Greensill Capital’s collapse

Many people with lingering symptoms of Covid-19 struggle to work or have been forced to leave the workforce entirely. Plus, the FT’s capital markets correspondent, Robert Smith, talks about the lessons learned from the collapse of Greensill Capital a year later. Mentioned in this podcast:Long Covid: the invisible public health crisis fuelling labour shortagesThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Apr 17, 2022 • 26min

US-China Tech Race: Chips with Everything

Our latest season of Tech Tonic continues, with a deep dive into the semiconductor industry and Taiwan’s unique position as a bastion of computer-chip talent. James Kynge, the FT’s global China editor, looks into the unintended consequences of the race for semiconductor dominance. We hear from Chad Duffy, a Taipei-based cybersecurity expert who helped uncover a major hack on Taiwanese semiconductor manufacturers. James talks to Dan Wang, an analyst with the Shanghai-based Gavekal Dragonomics, about China’s chip strategy, and Stephen Orlins, a rare dissenting voice in Washington who questions the efficacy of a US blacklist of Chinese tech companies desperate for US-designed chips. Plus, Annie Ting-Fang and Lauly Li, who cover the semiconductor industry for Nikkei Asia, give us the inside track on how China has been scooping up Taiwanese semiconductor engineers.Check out stories and up-to-the-minute news from the FT’s technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months.Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CNBC Hosted on Acast. See acast.com/privacy for more information.
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Apr 16, 2022 • 33min

FT Weekend: The story behind one of reggae’s most sampled songs

This week, we bring our classic Life of a Song series to your ears, with the dramatic story behind 'Bam Bam', Sister Nancy's reggae dancehall classic. Despite being one of the most sampled reggae tracks of all time, it didn't make Sister Nancy a penny for more than 30 years, Alice Kemp-Habib tells us. Then, undercover economist Tim Harford teaches us how to think about failure. What can we learn from an early 2000s Broadway flop that went on to win a Tony award?--------------Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Life of a Song, ‘Bam Bam – said to be the most sampled reggae track of all time’: https://ig.ft.com/life-of-a-song/bam-bam.html –To learn more about reggae and dancehall music, Alice recommends Inna de Yard: Soul of Jamaica (2019) directed by Peter Webber. Here’s the Spotify playlist –Tim’s podcast is called Cautionary Tales. Listen wherever you get your podcasts, or at https://www.pushkin.fm/show/cautionary-tales/ –Tim’s latest Undercover Economist column for FT Magazine, ‘The lesson humble sea urchins offer about resilience’: https://on.ft.com/3Ectq6S –Volumes 1 and 2 of The Life of A Song: The fascinating stories behind 50 of the world’s best loved songs are available in bookshops. A paperback of both volumes together will be out in August.–Alice is on Twitter at ​​@Alice_Khabib. Tim is on Twitter at @TimHarford.–Key coverage of the war in Ukraine is free to read at https://www.ft.com/freetoread—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC! To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 50% off.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner.Clips from:”Bam Bam," courtesy Observer Music”Le’ts Go to Zion," courtesy Studio One Records”Zungguzungguguzungguzeng," courtesy Greensleeves Records“Revolution," courtesy VP Records“Tear Off Mi Garment," courtesy UMG Recordings“Scenes From an Italian Restaurant,” courtesy BMG Music Entertainment Hosted on Acast. See acast.com/privacy for more information.
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Apr 14, 2022 • 10min

Is the US headed for a recession?

US president Joe Biden announced yesterday he would send $800mn in additional military aid to Ukraine, the FT’s John Paul Rathbone outlines Russia’s changing military strategy, and our US financial commentator, Robert Armstrong, unpacks the debate over whether the US economy is heading into a recession. Mentioned in this podcast:Recession whispers grow louderRecession whispers, part 2Military briefing: Ukraine and Russia prepare for defining Donbas battleUS to provide $800mn in new military aid to UkraineThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Apr 13, 2022 • 9min

Volkswagen’s U-turn

Stockpiles of some of the world’s most important industrial metals have dropped to critically low levels, US banks start reporting quarterly earnings today and Boris Johnson has become the first British prime minister to commit a criminal offence. Plus, the FT’s Frankfurt correspondent, Joe Miller, explains why Volkwagen is pivoting its strategy away from growth and toward profit. Mentioned in this podcast:Metal stockpiles shrink as energy prices hit productionUS banks set for big hit to revenues as dealmaking dries upVW to scrap dozens of models to focus on profitabilityThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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