Oil exports from a crucial pipeline on Russia’s Black Sea coast were fully halted on Wednesday, Vladimir Putin said Russia will begin to invoice European gas buyers in roubles, and writer Tim Judah talks about Ukraine’s many volunteer armies, and the FT revealed that Archegos Capital Management quietly amassed a stake in Deutsche Bank after its founder Bill Hwang forged ties with the German lender’s leaders before the family office imploded last year.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Major Russian pipeline fully halts exports, sending crude higherRussia to switch gas invoicing to roubles for European buyersAt the gateway to Kyiv: Ukrainians dig in to resist Russia’s onslaughtScoop: Archegos quietly built stake in Deutsche BankWar in Ukraine: free to read The 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.

Writer Tim Judah talks about life in Kyiv as Russian forces advance on suburbs of Ukraine’s capital, and the FT’s Money Clinic host Claer Barrett talks about gold as a safe haven in times of uncertainty. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Body bags, burning buildings and buzz cuts for soldiers: how Kyiv is survivingMoney Clinic with Claer Barrett: Is Gold the Safest Place to Invest? War in Ukraine: free to read The 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.

Moscow reopens markets, Pakistanis face crippling inflation and their prime minister Imran Khan faces a no confidence vote, Nestlé justifies staying in Russia as criticism mounts.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Russia’s local bonds drop as Moscow takes first steps towards reopening marketsUS government bond market suffering worst month since Trump electedNestlé justifies staying in Russia as criticism mountsPakistan: Imran Khan and the politics of inflationWar in Ukraine: free to read The 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.

Germany said it sealed a long-term agreement with Qatar for liquefied natural gas supplies, prices on many products in Russia have shot up as sanctions blow a hole in Russia’s economy, EU lawmakers are set to finalise new rules for leading technology companies despite heavy lobbying by Big Tech, and a key player in the chip industry warns of a two-year shortage of critical equipment.   Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Germany says its clinched long term gas deal with QatarPrice surges and panic buying: Russia’s war empties shelves and walletsHow Big Tech lost the antitrust battle in EuropeChipmakers face two year shortage of critical equipment War in Ukraine: free to read The 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.

This weekend, we discuss the power of disinformation, and how Russia has been using it in Ukraine. We are joined by Natalia Antelava, who has reported in Ukraine and Eastern Europe for years. Natalia is editor-in-chief of the popular news website called Coda Story, which focuses on global digital crises, and has been closely covering Putin’s disinformation machine in Ukraine and beyond. We step back and examine the narratives Russia has used since 2014 to confuse, distort, and spread lies.--------------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: –Key coverage of the war in Ukraine is free to read: https://www.ft.com/content/77ab8dcf-cb02-4e57-aff0-85c8a84f5a1f  –Coda Story, Natalia’s news website: https://www.codastory.com/-Coda’s Disinformation Matters newsletter: https://www.codastory.com/newsletters/disinfo-matters-newsletters/– Natalia is on Twitter @antelava. You can also keep up with FT coverage by following @financialtimes on Instagram and Twitter.--------------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 10% off.—------Original music by Metaphor Music. Mixing and sound design by Breen TurnerClips this week from Euronews, CNN and the BBC Hosted on Acast. See acast.com/privacy for more information.

The US secretary of state has poured cold water on hopes of a diplomatic settlement to the war in Ukraine, saying there were no signs Vladimir Putin was “prepared to stop” Russia’s invasion of its neighbour, JPMorgan has processed interest payments sent by the Russian government for two of the country’s bonds, and the London Metal Exchange suspended electronic trading in nickel on Wednesday, just after it reopened for business following a week-long shutdown.Mentioned in this podcast:US pours cold water on hopes of a Ukraine settlementRussia edges closer to averting default as JPMorgan processes bond paymentLondon Metal Exchange suffers fresh glitch during nickel tradingWar in Ukraine: free to read The 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.

The Federal Reserve has lifted its benchmark interest rate by a quarter of a percentage point, Europe’s largest energy traders have called on central banks for help to avert a cash crunch, and the FT’s Tom Mitchell discusses the rising cost of Beijing’s loyalty to Moscow. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Fed announces first rate rise since 2018 amid surging inflationChina makes rare intervention to bolster confidence after market routThe rising cost of China’s friendship with Russia Energy traders call for ‘emergency’ central bank interventionWar in Ukraine: free to read Twitter Space: China’s involvement in the war in Ukraine The 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.

Oil prices fell and share indices in Hong Kong and China dropped amid investor jitters over potential lockdowns and their economic impact, German prosecutors have charged a key player in the Wirecard fraud scandal, the UK and EU have levelled new sanctions on Russian oligarchs. Mentioned in this podcast:EU and UK hit Roman Abramovich and other oligarchs with new sanctionsPakistan presses ahead with Russian-built gas pipelineChina shares fall sharply on concerns over Covid outbreak and Ukraine warFormer Wirecard chief executive charged with fraudWar in Ukraine: free to read The 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.

US stocks dip lower on concerns over this week’s Federal Reserve meeting, a star witness in the 1MDB corruption trial has wrapped up testimony in a Brooklyn courthouse, and US president Joe Biden is courting Venezuela and re-engaging with Saudi Arabia to overcome his oil sanctions against Moscow.  Mentioned in this podcast:US government bond prices drop ahead of Federal Reserve meetingTim Leissner’s testimony in 1MDB trial shines light on vast fraudHaving frozen out Putin, Biden is warming to other autocratsGermany to buy US F-35 jets in first big deal since defence budget boostWar in Ukraine: free to read The 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.

US officials say Moscow has asked Beijing for military equipment to support its invasion of Ukraine, Ukraine’s army celebrates its Turkish drones but Ankara plays down weapons sales to appease Moscow, Russia has ratcheted up the chances that it will default on its debt with a threat to pay international bondholders in roubles rather than dollars, and sanctions are forcing Russian banks to abandon global ambitions and focus on survival. Mentioned in this podcast:US claims Russia has asked China for military help in invasion of UkraineRussia threatens to make external debt payments in roublesTurkey is trying to carve out role as a mediator between Kyiv and MoscowRussia’s banks turn from global ambitions to survivalWar in Ukraine: free to read The 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.