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Take a seat at the table and learn about the biggest stories in financial markets, the economy and business. Each week our editors and correspondents explore how economics influences the world we live in and share their insights across a range of topics. From inflation and recession risk to all things crypto and even the commercial success of K-pop, we have you covered. Published every Thursday. If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part ...
News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon. Hosted on Acast. See acast.com/privacy for more information.
A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See acast.com/privacy for more information.
As Congress works through President Donald Trump’s recent budget, one of the likeliest cuts on the chopping block is Medicaid. The government health insurance programme is used by one in five Americans, including many voters who make up Trump’s Maga base. So could cuts to Medicaid actually threaten Trump’s hold on Republicans? Washington bureau chi…
No surprises here: The Economist reckons tariffs are a terrible trade tool. But what is most clearly harming American businesses and scaring off investors is persistent uncertainty about them. Our correspondent sees the effects of one non-military donor to Ukraine: help not to fight but to preserve something worth fighting for (10:57). And why “Ado…
US President Donald Trump’s auto tariffs hit carmaker shares and Chinese financial authorities have told some companies they can start launching mainland initial public offerings. Plus, protesters in Turkey are worried about the future of their democracy. Mentioned in this podcast: China opens path to revival in A-share listings Donald Trump’s tari…
For Europe’s hard-right politicians, Donald Trump’s second White House bid looked like validation and opportunity. Now that he is in it, the tensions and trade-offs are becoming clear. The Houthis’ grip over Yemen and the Red Sea is only strengthening, even as other Iranian proxies are waning (10:03). And a look at the boom in Christian entertainme…
The US will impose tariffs of 25 per cent on imports of foreign-made autos and Piyush Gupta will step down after 16 years as chief executive at Singapore’s DBS bank. UK inflation unexpectedly fell to 2.8 per cent in February, and Rolls-Royce has seen its share price skyrocket since 2023, in large part due to chief executive Tufan Erginbilgiç. Menti…
The Conservative Party, led by a Trump-tinged populist, once had the polls locked up. That is changing radically now that Donald Trump is seen as a threat to the nation. Amid America’s foreign-policy misfires, China might choose to smooth diplomatic feathers and make friends; instead it, too, is muscle-flexing (8:14). And an unsettling new book typ…
Beijing has introduced environmental restrictions that would prevent Chinese companies from buying Nvidia’s bestselling processors, UK chancellor Rachel Reeves will update the country on Wednesday on the latest economic growth forecasts, and Shell has said it will cut costs and spending, especially in clean energy. Plus, individual investors have p…
Put aside for the moment the outrageous security breach of a journalist being brought in on classified military planning: a leaked group chat reveals much about the Trump administration’s transactional, anti-European ethos. The story of a Nigerian senator shows how vile politics can be for the country’s women (10:23). And why not to be too bothered…
Sources tell the FT that China is considering including services in a multibillion-dollar subsidy programme to stimulate consumption, software giant SAP has become Europe’s most valuable company, and BYD’s annual sales have topped $100bn for the first time. Plus, Elon Musk’s Starlink is set to cement its dominance this year, but his ties to US Pres…
The ceasefire in Gaza is in tatters; the campaign against Hizbullah is flaring up again. Yet the most telling battles are those happening inside Israel. Claudia Sheinbaum, Mexico’s president, is coolly dealing with the fitful aggression of her northern neighbour (10:25). And our obituaries editor pays tribute to Richard Fortey, a fossil obsessive w…
Canada’s new prime minister calls snap elections, European investors in US equities have been dealt a double blow, and carmakers try to get ahead of US President Donald Trump’s new tariffs. Plus, a group of top tennis players has accused the game’s governing bodies of trapping them in an unfair system. Mentioned in this podcast: Mark Carney calls s…
As US President Donald Trump dismantles agencies and challenges institutions across the federal government, Democrats still can’t decide how to oppose him. The FT’s global business columnist Rana Foroohar and Washington reporter Steff Chavez join this week’s Swamp Notes podcast to discuss why Democrats’ inability to pick a strategy can prove costly…
America’s international intelligence-sharing relationships have been decades in the making and rely not on a treaty but trust. Could Donald Trump damage the powerful spy alliance? Why we may soon be buying cutting-edge medicines developed in China (11:00). And introducing a new regular feature, “What to watch this weekend” (17:39). Listen to what m…
European countries are considering how to take on greater responsibilities for the continent’s defence, the UK and the US are negotiating a trade deal to avoid tariffs, and has the Federal Reserve stopped leading the way on global monetary policy? Mentioned in this podcast: European military powers work on 5-10 year plan to replace US in Nato UK ra…
Ekrem Imamoglu was arrested just days before he was likely to be elected leader of Turkey’s opposition. Where does this leave Turkish democracy? What Panama’s concessions teach us about how to deal with Donald Trump (9:49). And how zoos help hospitals treat venomous snakebites (19:16). Listen to what matters most, from global politics and business …
The Federal Reserve is still in wait-and-see mode, a handful of technology start-ups are expected to go public next month, and Turkish police have detained the main political challenger to President Recep Tayyip Erdoğan. Plus, the campaign for International Olympic Committee president has shone a harsh light on the organization’s business model. Me…
Donald Trump hoped Vladimir Putin would agree to a ceasefire in Ukraine. Instead he made marginal concessions, then launched a missile attack. Our correspondent assesses the implications. Tesla’s falling sales are not just down to Elon Musk’s politics (9:42). And a flowering of literary erotica (15:40). Listen to what matters most, from global poli…
Vladimir Putin has ordered Russia’s military to refrain from striking Ukrainian energy infrastructure for 30 days, and the Israel-Hamas ceasefire was broken after Israeli strikes killed more than 400 people on Tuesday. Boeing’s rescue mission highlights the company’s struggles in space. Plus, Germany’s parliament approves Friedrich Merz’s plans to …
After Israel launched dozens of missiles into Gaza overnight, what does this mean for the prospect of a lasting ceasefire? As two stranded astronauts are rescued from the International Space Station, our correspondent explains how private investment has changed space exploration (9:10). And a cutesy animation wins plaudits from the Chinese Communis…
Vladimir Putin has allowed a group of western asset managers and hedge funds to offload Russian securities left in limbo by Moscow’s invasion of Ukraine, an FT analysis found that US listings often fail to boost companies’ valuations, and the Financial Conduct Authority is to ban Crispin Odey from the financial services industry. Plus, tech giant J…
Donald Trump’s team has called the Centers for Disease Control and Prevention “the most incompetent and arrogant agency” in the federal government. Our correspondent talks to staff who fear that jobs and crucial public-health projects are under threat. Is silver the new gold (10:56)? And why live albums are staging a comeback (15:50). Listen to wha…
HSBC and UBS are expanding their wealth management arms in India, and the consulting boom in Saudi Arabia is slowing down. Plus, global gold prices have soared on fears that President Donald Trump could impose tariffs on gold imports, and US retailers are preparing for fewer sales in 2025. Mentioned in this podcast: HSBC and UBS expand India wealth…
This week, the value of the American dollar continued to decline. The plunge has been attributed to market volatility over President Donald Trump’s on-again, off-again tariffs. But there are some on Trump’s economic team who have floated wanting to weaken the dollar intentionally. FT economics columnist Gillian Tett and Unhedged host Katie Martin j…
The International Criminal Court has arrested Rodrigo Duterte, a former president of the Philippines. The case highlights both the strengths and the weaknesses of international justice. We examine the spate of bombings plaguing Sweden—carried out by young people who are in it for the money (8:18). And remembering Athol Fugard, a playwright who spok…
Russian President Vladimir Putin has indicated Moscow is unwilling to drop its maximalist demands over any deal to halt the fighting in Ukraine, and Intel’s new chief executive has made investors excited. Plus, India’s Prime Minister Narendra Modi is in a tough spot over how he handles tariffs from the US. Mentioned in this podcast: Putin voices do…
The Trump administration’s dedication to tariffs now seems more fervent than the first time around. Markets are noticing. We ask what might temper the trade war. Europe’s once-fringe hard-right parties are now leading polls, even if not yet leading governments; we look at where things are headed (11:07). And tackling the mythology behind people’s v…
Elon Musk’s efficiency drive failed to prevent US federal spending rising to a record $603bn in February, European battery maker Northvolt has filed for bankruptcy in Sweden, and US inflation fell to 2.8% last month. Plus, China’s plan to revive Africa’s ‘freedom railway’ showcases Beijing’s leaner approach to overseas aid. Mentioned in this podcas…
The ceasefire proposal hatched by American negotiators and agreed by Ukraine is now a matter for Russia to consider. We ask how the not-yet-a-breakthrough will land in both countries. Our correspondents ask one of NATO’s very-top brass about Europe’s defence stance and how it should shift (10:44). And the shockingly life-shortening effects of lonel…
The S&P 500 dipped into correction territory on Tuesday and Nissan has pushed out chief executive Makoto Uchida in the wake of the collapse of merger talks with Honda. Plus, banks are trying to catch up to one of the hottest trends in consumer finance: interest-free buy now, pay later loans. Mentioned in this podcast: Ukraine says it is willing to …
Horrifying attacks on Alawites, the sect of deposed leader Bashar al-Assad, throw into question the power—or the will—of Ahmed al-Sharaa, the country’s leader, to maintain peace. For the first time in decades it now makes more sense to pay off a mortgage early (10:36). And high-end satellite data, once the preserve only of spies, could soon be avai…
Wall Street stocks fell on Monday, and Pimco has recorded a 17% paper profit on its portion of a £3bn emergency loan that it and others are set to provide to ailing utility Thames Water. Plus, hundreds of people have been killed in Syria after clashes between pro-government and pro-Assad forces escalated into sectarian violence. Mentioned in this p…
The governing Liberal party is enjoying a stunning turnaround in the polls, and now it has a new leader. We ask how Mark Carney will tussle with Donald Trump’s tariffs and taunts. China has a vibrant new wintertime economic sector: skiing and snowy tourism (10:45). And a tribute to Rose Girone, knitter extraordinaire and the oldest known Holocaust …
Canada’s Liberal party selects a new leader, and US President Donald Trump’s nominee to lead the Justice Department’s antitrust division is turning heads on Wall Street. Plus, US startups are raising more money than at any point since 2021, and why a gold boom in Ghana is driving up global chocolate prices. Mentioned in this podcast: Mark Carney to…
European leaders met twice this week to discuss a plan to protect Ukraine — without US leadership. The rift between Brussels and Washington has grown as US president Donald Trump paused military aid to Ukraine and stopped intelligence sharing. As Germany and the EU discuss a new set of defence stimulus plans, special guest Gideon Rachman, the FT’s …
After a turbulent seven days, how will President Volodymyr Zelensky tackle the domestic and international challenges ahead? Our correspondent attends “Ode to Resilience”, a concert of defiance in Ukraine (9:55). And how “The Economist” reported on the Allies’ advance across Europe in the second world war: a sample from our interactive archive (18:2…
Donald Trump’s crypto project made at least $350mn from the launch of his memecoin, and FT markets columnist Katie Martin unpacks the week in markets. The European Central Bank cut interest rates to 2.5 per cent yesterday, plus EU leaders held an emergency summit to talk about defence spending and support for Ukraine. Mentioned in this podcast: Don…
The leader of Turkey’s Kurdish rebels has called on the group to disband. That could end one of the world’s longest running conflicts. How tariffs and political volatility may affect the American economy (10:16). And the craze for eating caviar… with chicken nuggets (18:33). Listen to what matters most, from global politics and business to science …
US President Donald Trump has handed carmakers a one-month reprieve on tariffs on imports from Mexico and Canada, and we look at how a few billionaire elites struck a multibillion-dollar port deal within weeks. German borrowing costs surged by the most in 28 years on Wednesday, and the Liberal party in Canada will hold a leadership vote this weeken…
American presidents often use their first meeting with Congress as a chance to lay out their agenda for the next four years. Donald Trump, by contrast, treated last night’s address like a campaign rally. Meet Ecuador’s tenacious anti-corruption champion (12:18). And co-host Jason Palmer plays an AI bot of Magnus Carlsen at chess (21:39). Jason Palm…
Volodymyr Zelenskyy said Ukraine was “ready to come to the negotiating table as soon as possible”, Taiwan is trying to get on US President Donald Trump’s good side, and private equity assets under management fell last year for the first time in decades. Plus, businesses are snapping up the wind and solar farms that governments are no longer backing…
In an effort to bring Ukraine to the negotiating table, America has paused military help to the war-torn country. What will this mean on the ground? Our correspondent explores a new cryptocurrency craze, visiting Turkey’s bazaars to meet people trading goods using stablecoins (9:43). And why the Louvre is staging its first fashion gala (16:00). Lis…
The US is suspending military aid to Ukraine, Chevrolet Silverado’s complex supply chain leaves it particularly vulnerable to a looming trade war, and Eurozone inflation has fallen for the first time in four months to 2.4 per cent. Plus, US defence stocks are being left behind. Mentioned in this podcast: US suspends military aid to Ukraine How Dona…
European leaders met in London this weekend after Donald Trump and Volodymyr Zelensky’s public row shattered hopes for a US-led truce in Ukraine. What did the summit achieve? Our correspondent visits Mexico’s border to find out if strengthened force will stem the flow of fentanyl to America (9:46). And remembering Muhsin Hendricks, the world’s firs…
Cryptocurrencies surged on Sunday after a surprise announcement from US President Donald Trump, and European leaders gathered in London to shore up support for Kyiv. Plus, Deutsche Bank clashed with the European Central Bank throughout 2024 over concerns about its risk management, and high interest rates and uncertainty over immigration policy are …
This week, the White House said it would pick which reporters would get access to Donald Trump. Meanwhile, the US president has sued several press outlets for what he considers unfair coverage. Can the media do its job in this political landscape? The FT’s Washington bureau chief James Politi and Los Angeles bureau chief Chris Grimes examine the me…
This week European leaders have lined up to charm Donald Trump. But the broad smiles belie a bigger fear: what would it mean for the continent’s security if America forsakes its security guarantees? What the pull-out of French forces will mean for Africa (10:56). And the Maha Kumbh Mela shows how piety became political in India (18:55). Listen to w…
US President Donald Trump has said his administration is working on a trade deal with the UK, Santander’s incoming chief accounting officer is under criminal investigation in Brazil, and the pound is rebounding. Plus, DeepSeek’s advances have sparked a nationwide push in China to deploy its large language models everywhere from hospitals to local g…
As the baby-boom generation starts to die and economic growth slows many more people are getting rich from family wealth. Are we returning to the age of Jane Austen? The latest EIU Democracy Index reveals what a bumper election year did to country rankings (9:36). And our correspondent takes an ice bath (16:40). Listen to what matters most, from gl…
Nvidia’s revenues soared in the quarter to the end of January as demand for its AI-focused chips boomed, healthcare costs are dragging down the Chinese economy, and BP is turning its main focus back to fossil fuels. Plus, America’s investors are putting money in English football’s lower leagues. Mentioned in this podcast: Nvidia revenues jump almos…
The first phase of Gaza’s ceasefire is near its end, but planning for the even more fraught second phase has hardly begun. What chance for near-term peace? We examine the harmful outcomes from the Trump administration’s slashing funding for America’s science institutions (9:45). And “I’m Still Here”, an Oscar-tipped film, confronts Brazilians with …