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With just three weeks to go until the Budget, Rachel Reeves gave a surprise speech to reset expectations on who she's planning to hit with more taxes on November 26. This has fuelled further speculation about whether the government's central manifesto pledge to not raise income tax rates is now doomed. Host Miranda Green is joined by FT colleagues Jim Pickard, Sam Fleming and Katie Martin to discuss the chancellor's options: a pick'n'mix of tax rises or breaking a central pledge to the electorate. What then happens to the Labour government's credibility, and how are the markets likely to react? Plus: can Reform become fiscally respectable?Follow Miranda @greenmirandahere.bsky.social; Jim @pickardje.bsky.social; and Katie @katie0martin.ft.comWant more? What are Rachel Reeves' tax options in the Budget? Bond markets are winning the Budget stand-off Robert Shrimsley: The inescapable logic of Labour's choices Inside Politics: Why Rachel Reeves won't raise income taxPaywalled: End of The Line: how Saudi Arabia's Neom dream unravelled Sign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek analysis. Get 30 days free.Plus, the FT is hosting a live webinar on November 28 on what the UK Budget will mean for your money. You can put questions to FT journalists Claer Barrett, Stuart Kirk, Tej Parikh and special guest, tax expert Dan Neidle. Get your free pass now at ft.com/budgetwebinar. Our email address is politicalfix@ft.comPolitical Fix was presented by Miranda Green and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The video engineers are Bianca Wakeman and Andrew Georgiades. The FT's acting co-head of audio is Manuela Saragosa.Clip from ITV Hosted on Acast. See acast.com/privacy for more information.
Economists like to model people as rational creatures who make self-interested decisions. But humans don't act that way. Why do investors, politicians and ordinary people act against their best interests – and how can they be nudged into making better decisions? To find out, FT economics commentator Chris Giles speaks to Richard Thaler, the founding father of behavioural economics. Thaler is a professor at the University of Chicago who won the 2017 Nobel Prize in Economics for his work on how humans make (often irrational) decisions.On November 28, the FT will be holding a live webinar on what the UK Budget will mean for your money. Viewers will be able to put their questions to FT journalists Claer Barrett, Stuart Kirk, Tej Parikh and special guest, tax expert Dan Neidle. To sign up, get your free pass here. Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Chris Giles. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music by Breen Turner. Sound design by Breen Turner and Samantha Giovinco. Our broadcast engineer is Andrew Georgiades.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
With a month to go until the Budget, chancellor Rachel Reeves needs to find a projected £30bn to balance the books. And the forecasts are not in her favour, with the OBR's bigger than expected productivity downgrade dealing another blow to the Treasury this week. So where will the chancellor find the money – and if Labour have no choice but to break their manifesto tax pledge, where will that leave them with the electorate? Host George Parker is joined by associate editor and columnist Stephen Bush, chief UK commentator Robert Shrimsley and the FT's economics editor Sam Fleming.Follow George: @georgewparker.bsky.social, @GeorgeWParker; Stephen at @stephenkb and Robert @robertshrimsley.bsky.social Want more? Reeves faces £20bn hit to public finances from productivity downgrade Keir Starmer puts Labour MPs on notice for Budget tax rises Starmer refuses to stand by manifesto tax pledge Letting agent admits mistake in Reeves' rental tax rowSign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek analysis. Get 30 days free.Plus, the FT is hosting a live webinar on November 28 on what the UK Budget will mean for your money. You can put questions to FT journalists Claer Barrett, Stuart Kirk, Tej Parikh and special guest, tax expert Dan Neidle. Get your free pass now at ft.com/budgetwebinar. Our email address is politicalfix@ft.comPolitical Fix was presented by George Parker and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The video engineers are Bianca Wakeman and Petros Gioumpasis. The FT's acting co-head of audio is Manuela Saragosa.Clip from BBC Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump's tariff programme has been a central pillar of his second term in office. But a case being heard by the US Supreme Court could throw this central tenet of his trade policy into disarray. Trump has argued that tariffs are a matter of national security for which the president is ultimately responsible; others say they're an economic issue, and should be set by Congress, as set out in the US constitution. Which way will the Supreme Court vote – and what could that mean for Trump's tariff regime? To find out, FT senior trade writer Alan Beattie speaks to Jennifer Hillman, a law professor at Georgetown University, former general counsel of the US trade representative, and one of the few people who predicted Trump's tariffs were vulnerable to legal challenge.Alan Beattie is the FT's senior trade writer. You can find his articles here: https://www.ft.com/alan-beattieSign up to Alan's Trade Secrets newsletter here: https://subs.ft.com/spa3_tradesecrets?segmentId=357afa03-959c-93ed-0842-58e2115025d4Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Alan Beattie. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Manuela Saragosa is the FT's acting co-head of audio. Original music and sound design by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Gideon talks to former US trade representative Michael Froman about Donald Trump's visit to Asia this week, culminating in a meeting with Xi Jinping on the sidelines of the Apec summit in South Korea. What does it tell us about US trade priorities in the region and who is best placed to win the contest of strength between the US and China? Clips: NST online; Times Now Free links to read more on this topic: Will Trump push south-east Asia towards China?China calls for ‘extraordinary measures' to achieve chip breakthroughsWhy China keeps winning the trade warChina doubles down on industrial policySubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachman Hosted on Acast. See acast.com/privacy for more information.
Chancellor Rachel Reeves received a rare bit of good news from lower inflation statistics this week, which could reduce government borrowing ahead of the November Budget. But the uphill struggle to improve Labour's standing in the polls continues after a drubbing in Caerphilly, the embarrassing failure of the one-in-one-out migrant policy and the chaotic start to the grooming gang inquiry. Host George Parker is on hand to dissect the week along with deputy political editor Jim Pickard, UK chief political commentator Robert Shrimsley and the FT's northern England correspondent Jennifer Williams. Plus, is the King getting poor advice from the PM over Prince Andrew in the wake of further damaging revelations about the prince's links to Jeffrey Epstein?Follow George on Bluesky or X: @georgewparker.bsky.social, @GeorgeWParker; Robert: @robertshrimsley or @robertshrimsley.bsky.social; Jen on X @JenWilliamsMEN and Jim on X @PickardJEWant more? Labour suffers seismic by-election defeat to Plaid Cymru in CaerphillyUK borrowing costs fall in boost for Rachel ReevesReeves vows to clear way for BoE rate cuts with cost of living pledgeGrooming gang victims call for minister to resignA defining crisis for Britain's royalsBritain's flawed support for Jaguar Land RoverClips from: Sky & Parliament Live TVSign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free.Our email address is politicalfix@ft.comPresented by George Parker. Produced by Clare Williamson. The executive producer is Flo Phillips. Audio mix and original music by Breen Turner. The FT's acting head of audio is Manuela Saragosa. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Gideon talks to the historian and author Serhii Plokhy about how Russia's invasion of Ukraine changed our calculations about the risk of nuclear war. They discuss the history of the atom bomb from its first use in 1945 to the risk of a resurgence of proliferation. Clip: Harry S Truman Library Free links to read more on this topic: The Nuclear Age by Serhii Plokhy — why nations want the bombUS offers nuclear energy companies access to weapons-grade plutoniumThe covert trip by Iranian nuclear experts to RussiaThe old nuclear rules won't stop proliferationSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Many governments in western Europe are grappling with sluggish economic growth and the UK is no exception. From rising unemployment to weak public finances, the UK economy is in the doldrums and there's pressure on chancellor Rachel Reeves to fix it. Tim Leunig, a former adviser to two chancellors and now a professor at the London School of Economics and chief economist at innovation think-tank Nesta, talks to the FT's economics editor Sam Fleming about the policy steps he'd take to breathe new life into the UK economy.Sam Fleming is the FT's economics editor. You can read his articles here. To subscribe to Sarah O'Connor and John Burn-Murdoch's new newsletter about AI and the labour market, go to ft.com/AIShift.Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Sam Fleming. Produced by Persis Love and Lulu Smyth. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner. Our broadcast engineer is Andrew Georgiades.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
For decades, science fiction writers have envisaged colonising Mars, even building cities on the red planet. Advocates for Mars exploration, such as Elon Musk, want to make that vision a reality. But can humans really live in an alien world? The FT's space industry editor Peggy Hollinger speaks to researchers about the physical and mental pressures astronauts would face living millions of miles from home and to scientists studying the suitability of Mars' atmosphere and soil. This episode of Tech Tonic is hosted by Peggy Hollinger and produced by Mischa Frankl-Duval. The senior producer is Edwin Lane and the executive producer is Flo Phillips. Fact checking by Lucy Baldwin. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. Manuela Saragosa is the FT's acting co-head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The countdown is on: Chancellor Rachel Reeves has just six weeks to finalise her Autumn Budget before the November 26 deadline. This week, she was in Washington DC for the annual meeting of the IMF, where she hinted at tax rises for the rich, while pinning some blame for Britain's economic problems on her predecessors. The British public are not likely to love the chancellor's efforts to fill the projected £22bn hole, but who will they hold responsible? Host George Parker is joined by deputy opinion editor Miranda Green, associate editor and columnist Stephen Bush, and the FT's economics commentator Chris Giles for a deep dive into the UK's public finances, and to explain why the China spy case roiling Westminster is all about economics.Follow George on: @georgewparker.bsky.social or @GeorgeWParker; Chris on @chrisgiles.ft.com or @ChrisGiles_; Stephen on @stephenkb and Miranda on @greenmirandahere.bsky.social or @greenmirandaWant more? Clear visions for tax reform exist — Reeves just needs to back oneHow Brexit drained the Tories' talent poolNo need for a moral panic about the welfare systemLetter: Only a strong economy can address Britain's worklessness crisisRachel Reeves suggests spending cuts and tax rises on wayJoin Chris Giles and FT colleagues Katie Martin and Claire Jones in conversation with former Fed vice-chair Lael Brainard and Fidelity's Salman Ahmed on October 23 1200 GMT for an exclusive subscriber webinar Markets on edge: central banks, bonds and the risks ahead. Register now and put your questions directly to the panel at ft.com/edgeAnd click here to sign up for Chris Giles' newsletter on Central Banks.Plus sign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek analysis. Get 30 days free.Our email address is politicalfix@ft.comPolitical Fix was presented by George Parker and produced by Ethan Plotkin. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT's acting co-head of audio is Manuela Saragosa.Clip from Sky News Hosted on Acast. See acast.com/privacy for more information.
Gideon talks to Taipei-based policy analyst J Michael Cole about how the Taiwanese are handling the threat of invasion from Beijing. Clips: APT News; RTI English.Free links to read more on this topic:TSMC's stock market rally is a triumph of need over fearTaiwan accelerates ‘T-dome' missile plan against China threatTaiwan backtracks on chip export curbs to South Africa after China spatTaiwan becomes largest importer of Russian naphthaSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump wants to “plant the stars and stripes on the planet Mars”. But more than 50 years on from the moon landings, America's space agency, Nasa, is in disarray. Meanwhile, China is forging ahead with its own plans for manned missions to the Moon and perhaps to Mars. Who will win the race to the red planet? The FT's space industry editor Peggy Hollinger speaks to former and current Nasa employees about the challenges facing the space agency, and to Jared Isaacman, Trump's one-time nominee for Nasa administrator.This episode of Tech Tonic is hosted by Peggy Hollinger and produced by Mischa Frankl-Duval. The senior producer is Edwin Lane and the executive producer is Flo Phillips. Fact checking by Lucy Baldwin. Sound design is by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. Manuela Saragosa is the FT's acting co-head of audio.Clips: CNN, Brut America, John F. Kennedy Library Foundation, CBS, NBC, ABC, Fox 4 NewsRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Austan Goolsbee, president of the Federal Reserve Bank of Chicago and a voter on the Fed's interest rate-setting committee, speaks to the FT's economics commentator Chris Giles about the outlook for the US economy amid a boom in AI investment, sluggish hiring, President Donald Trump's tariffs and continued attacks by the White House on central bank independence.Chris Giles is the FT's economics commentator. You can sign up to his newsletter here. Chris' FT interview with Austan Goolsbee is here: ‘Top Federal Reserve Official warns against a quick series of rate cuts' Join top FT journalists Chris Giles, Katie Martin, Claire Jones and special guest Lael Brainard on October 23, 1200 GMT for an exclusive subscriber webinar, Markets on edge: central banks, bonds and the risks ahead. Register now and put your questions directly to our panel. Visit ft.com/edgeSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. This episode was produced by Lulu Smyth and Persis Love with original music from Breen Turner. Sound design and mix by Jean-Marc Eck. Andrew Giorgiadis is our broadcast engineer. Our executive producer is Manuela Saragosa.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Conference season is over for another year and after a rousing speech from Conservative leader Kemi Badenoch to the party faithful, the Political Fix panel is asking: has she done enough to silence her critics and reverse the party's slide into oblivion? And while recovering from a month on the road, your trusty Political Fixers mull over the performance of the other parties and what lies ahead as parliament reconvenes on Monday. Plus, more questions than answers about a Chinese spying case that collapsed before reaching court. Host George Parker, the FT's political editor, is joined by UK chief political commentator Robert Shrimsley, Whitehall editor David Sheppard and deputy opinion editor Miranda Green. Follow George on X @GeorgeWParker or Bluesky: @georgewparker.bsky.social; David @oilsheppard.bsky.social; Robert @robertshrimsley.bsky.social; Miranda on X @greenmirandaWhat did you think of this episode? Let us know at politicalfix@ft.com Want more? Free links: The Conservatives' long road back to credibilityKemi Badenoch pledges to scrap stamp duty on property Robert Jenrick says UK ministers should have power to pick judgesThe battle to dismantle Blair's BritainSpying case collapsed after UK refused to label China a ‘threat', prosecutors saySign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free at https://www.ft.com/InsidePoliticsOfferPresented by George Parker and produced by Clare Williamson with Lulu Smyth and Flo Phillips. The executive producer is Manuela Saragosa. Audio mix Jean-Marc Eck. Original music by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.
When it comes to women controlling their own economic destinies, perhaps nothing has had a more profound impact than the contraceptive pill. But the US may be on the cusp of change. Earlier this year, the Trump administration froze some federal funding for subsidised access to contraceptive services and more changes are on the horizon. That has made understanding the economic impact of contraception all the more pressing. In this week's episode, the FT's Sarah O'Connor speaks to Martha Bailey, economics professor and the director of the California Center for Population Research at UCLA.Sarah O'Connor is employment columnist at the FT. You can read her articles here.Join top FT journalists Chris Giles, Katie Martin, Claire Jones and special guest Lael Brainard on October 23 1200 GMT for an exclusive subscriber webinar, Markets on edge: central banks, bonds and the risks ahead. Register now and put your questions directly to our panel. Visit ft.com/edgeSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Sarah O'Connor. Produced by Josh Gabert-Doyon and Lulu Smyth. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Elon Musk wants humans to settle on Mars, and his rocket company SpaceX is spending billions of dollars on developing the spacecraft to take us there. The ‘Starship' is being designed to take astronauts back to the moon, and eventually, on to the red planet. But why is Musk so obsessed with building a colony on Mars, and is he really the man to take us there? The FT's space industry editor Peggy Hollinger speaks to space experts and Mars enthusiasts about the pull of the red planet, both for scientists and explorers, and how realistic Musk's vision for humanity as an interplanetary species really is.This episode of Tech Tonic is hosted by Peggy Hollinger and produced by Mischa Frankl-Duval. The senior producer is Edwin Lane and the executive producer is Flo Phillips. Fact checking by Simon Greaves. Sound design is by Breen Turner and Samantha Giovinco. Original Music by Metaphor Music. Manuela Saragosa is the FT's acting co-head of audio. Special thanks to Tom Hannen.Clips: SpaceX, AP, Joe Rogan Experience, SXSW, VideoFromSpace, WPLG Local 10, International Astronautical Foundation, BBC Archive, ABC, CGTN, Flagler Live, John F. Kennedy Library Foundation, NasaSpaceFlight/Joshua AdankRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump has pledged to “plant the stars and stripes on the planet Mars”, China could send its first crewed mission to Mars within a decade, and Elon Musk wants people to actually settle on Mars, transforming the human race into an interplanetary species. In a new series of Tech Tonic, the FT's Peggy Hollinger asks if we're really about to land, and even live, on the red planet. Free to read:Musk's mission to MarsThree days with America's rocket chasersTech Tonic is produced by Mischa Frankl-Duval. The senior producer is Edwin Lane. Flo Phillips is the executive producer. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. Manuela Saragosa is the FT's acting co-head of audio. Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump has pledged to “plant the stars and stripes on the planet Mars”, China could send its first crewed mission to Mars within a decade, and Elon Musk wants people to actually settle on Mars, transforming the human race into an interplanetary species. In a new series of Tech Tonic, the FT's Peggy Hollinger asks if we're really about to land, and even live, on the red planet. Free to read:Musk's mission to MarsThree days with America's rocket chasersTech Tonic is produced by Mischa Frankl-Duval. The senior producer is Edwin Lane. Flo Phillips is the executive producer. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. Manuela Saragosa is the FT's acting co-head of audio. Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump has pledged to “plant the stars and stripes on the planet Mars”, China could send its first crewed mission to Mars within a decade, and Elon Musk wants people to actually settle on Mars, transforming the human race into an interplanetary species. In a new series of Tech Tonic, the FT's Peggy Hollinger asks if we're really about to land, and even live, on the red planet. Free to read:Musk's mission to MarsThree days with America's rocket chasersTech Tonic is produced by Mischa Frankl-Duval. The senior producer is Edwin Lane. Flo Phillips is the executive producer. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. Manuela Saragosa is the FT's acting co-head of audio. Hosted on Acast. See acast.com/privacy for more information.
Many argue immigration is key to America's economic success. So as President Trump clamps down on it, what might he be getting wrong and what does the optimal skilled immigration landscape look like for the US and elsewhere? John Burn-Murdoch, the FT's chief data columnist, speaks to Dr Adam Ozimek, chief economist at the Economic Innovation Group, who co-authored a recent paper on high-skilled immigration, Exceptional By Design. Find details of the EIG report here. John's article, co-authored by Stephen Bush: ‘The truth about immigration'. Plus his column on the dangers posed to liberal democracy by failing to address imperfections in immigration policy. John Burn-Murdoch is the FT's chief data columnist and writer. You can read his column Data Points here. Join top FT journalists Chris Giles, Katie Martin, Claire Jones and special guest Lael Brainard on October 23, 1200 GMT for an exclusive subscriber webinar, Markets on edge: central banks, bonds and the risks ahead. Register now and put your questions directly to our panel. Visit ft.com/edgeSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. This episode was produced by Lulu Smyth with original music from Breen Turner. Sound design and mix by Simon Panayi. Our executive producer is Manuela Saragosa. Andrew Giorgiadis is our broadcast engineer.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Gideon interviews Britain's deputy prime minister David Lammy at the Labour Party conference at a meeting hosted by the Tony Blair Institute. They discuss how the Starmer government, which has had a tough first year in office, can turn things around, as well as the Gaza peace plan, ties with the Trump administration and how to fight 'the politics of grievance'. Clip: Keir StarmerFree links to read more on this topic: Starmer urges Labour to launch ‘patriotic' fight against ReformHow Donald Trump's Gaza deal came togetherTrump goes mainstream on the Middle East‘Lost the plot': Tony Blair's Gaza role prompts incredulity — and some hopeSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachman Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump has pledged to “plant the stars and stripes on the planet Mars”, China says it will send its first crewed mission to Mars within a decade, and Elon Musk wants people to actually settle on Mars, transforming the human race into an interplanetary species. In a new series of Tech Tonic, the FT's Peggy Hollinger asks if we're really about to land, and even live, on the red planet. Free to read:Musk's mission to MarsThree days with America's rocket chasersTech Tonic is produced by Mischa Frankl-Duval. The senior producer is Edwin Lane. Flo Phillips is the executive producer. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. Manuela Saragosa is the FT's acting co-head of audio. Hosted on Acast. See acast.com/privacy for more information.
This week, the Political Fix team comes to you from Liverpool — with all the news from the annual Labour Party Conference. Sir Keir Starmer struck a patriotic tone to the Labour faithful, promising to fight Nigel Farage's “politics of grievance” and build a renewed, healthy Britain “with the flag waving in our hands” — flags he was keen to reclaim from his opponents on the nationalist right.And that confident tone had also been struck by his chancellor, the day before. Rachel Reeves reaffirmed the need for economic responsibility and a willingness to take tough decisions, whilst taking pot-shots at the mayor of Greater Manchester, Andy Burnham, in the wake of his thinly veiled bid for the Labour leadership last week.The prime minister arrived in Liverpool with widespread discontent over his leadership, speculation that he could face a challenge and a calamitous -54 poll approval rating. So did Starmer do enough to salvage his floundering premiership? Host George Parker is joined by Jim Pickard, Anna Gross and Stephen Bush to unpack what the annual conference might mean for the future of the Labour party — and the nation. Follow George on Bluesky @georgewparker.bsky.social; Stephen @stephenkb.bsky.social; Jim @pickardje.bsky.social and Anna on X @AnnaSophieGrossWhat did you think of this episode? Let us know at politicalfix@ft.com Want more? Free links: Starmer urges Labour to launch ‘patriotic' fight against ReformRachel Reeves signals Budget tax rises, saying ‘world has changed' Reeves will struggle to sell growth case to UK fiscal watchdog, economists warnLabour's unpopularity problem ‘Lost the plot': Tony Blair's role prompts incredulity —– and some hopeSign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free at https://www.ft.com/InsidePoliticsOfferPresented by George Parker, and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT's acting co-head of audio is Manuela Saragosa. Hosted on Acast. See acast.com/privacy for more information.
As the prime minister prepares for his annual party conference, the mayor for Greater Manchester, Andy Burnham, seems to be mounting a thinly veiled bid for the Labour leadership. In numerous interviews given to the media this past week, Burnham said he had been privately urged by MPs to challenge Sir Keir Starmer. And the provocation came with what looked like a personal manifesto: tax increases on the wealthy, mass nationalisations and a promise not to be “in hock to the bond market”. So do Burnham's economic policies stand up? Does the metro mayor pose a serious risk to the PM? Or does his pitch for the leadership actually help Starmer shore up support from within?Host George Parker is joined by Miranda Green, Stephen Bush, and the FT's northern correspondent Jennifer Williams, to discuss the multiple challenges Starmer is facing both inside and outside the Labour tent, as well as what else to look out for at the conference next week. Follow George on Bluesky @georgewparker.bsky.social; Stephen @stephenkb.bsky.social; Miranda @greenmirandahere.bsky.social; Jen @jenwilliamsft.bsky.social What did you think of this episode? Let us know at politicalfix@ft.com Want more? Free links: Andy Burnham launches thinly veiled bid to replace Keir Starmer Andy Burnham's borrowing plans would spook gilt market, investors warn Starmer can't afford to wait for reckless Reform to implode Andy Burnham's two-horse act faces a big jump Plans for high-speed rail line in northern England suffer fresh delay Sign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free at https://www.ft.com/InsidePoliticsOfferIf you want to know more about what's happening in UK politics you can read the FT's live Q&A - where Stephen, Miranda and the FT's UK chief political commentator Robert Shrimsley answered readers' questions. Visit www.ft.com/ask-an-expertPresented by George Parker, and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT's acting co-head of audio is Manuela Saragosa. Hosted on Acast. See acast.com/privacy for more information.
Gideon talks to Matt Duss, former adviser to Senator Bernie Sanders and executive vice-president of the Washington-based Center for International Policy. They discuss recent curbs on free speech, former president Joe Biden's foreign policy mistakes, and how identity politics has been used to distract voters from the ever widening gap between rich and poor. Clips: DRM News; ForbesFree links to read more on this topic: Jimmy Kimmel hits out at ‘anti-American' threats to free speech as show returnsInside Disney's decision to bring back Jimmy KimmelAmerica's accelerating exit from itselfSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump has railed against his country's trade deficit with China. But as Chinese surpluses continue to flow into other countries, it's worth asking how China got to where it is today, and whether Chinese growth can lift all boats. In this week's episode, Martin Sandbu, the FT's European economics commentator, speaks to Michael Pettis, senior fellow at the Carnegie Endowment. He's the author of several books, including most recently co-author of Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace.Listen to bands signed to the record label Maybe Mars, formerly owned by Michael Pettis, here, including Carsick Cars, Yang Fan, PK14 and White+Find details of Michael Pettis' book choice, Martin Daunton's The Economic Government of the World, hereMartin Sandbu is the FT's European economics commentator and writer of the Free Lunch newsletter. You can sign up for his newsletter here and read his articles here.Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.This episode was produced by Josh Gabert-Doyon with original music and sound design from Breen Turner and Sam Giovinco. Our executive producer is Manuela Saragosa. Andrew Giorgiadis is our broadcast engineer.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
President Donald Trump landed in Windsor this week for his historic second state visit to the UK. What ensued was a celebration of pomp and pageantry fit for a king: a Red Arrows flyby, a lavish banquet in a castle, and a press conference at Chequers – during which the president continually heaped praise on the ‘special relationship'. Was this display of UK soft power just symbolic sycophancy, or has it resulted in some real substance? Host George Parker – fresh from the prime minister's country residence – is joined by Jim Pickard, David Sheppard, and Robert Shrimsley to discuss the dynamics of the ‘special relationship', the £150bn tech prosperity deal, and whether the prime minister managed to move the dial on the president's peace keeping efforts. Plus: the panel looks forward to the Liberal Democrat party conference this weekend. Follow George on X @GeorgeWParker or Bluesky: @georgewparker.bsky.social; Jim @pickardje.bsky.social; David @oilsheppard.bsky.social; Robert @robertshrimsley.bsky.social What did you think of this episode? Let us know at politicalfix@ft.com Want more? Free links: Donald Trump soaks up glory of his second state visit What investments did the UK secure during Trump's state visit? Trump tells Starmer to use military to stop illegal migration to Britain Donald Trump's adventures in WindsorlandDouble standards and the problem with bending to Trump Sign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free at https://www.ft.com/InsidePoliticsOfferPresented by George Parker, and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT's acting co-head of audio is Manuela Saragosa.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Customs duties on imported goods used to be a crucial part of US government funding – in fact, the customs service was among the first federal agencies set up after the constitution. Now, Trump is hoping that – among other things – tariffs could transform the US budget. But do the revenues they raise for government coffers help outweigh their negative economic impacts? Martha Gimbel, executive director of the Budget Lab at Yale and former adviser at the White House Council of Economic Advisers, speaks to Claire Jones, the FT's US economics editor.Claire Jones is US economics editor. You can read her articles here. Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Claire Jones. Produced by Josh Gabert-Doyon. Manuela Saragosa is the executive producer. Original music and sound design by Samantha Giovinco and Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Gideon talks to former Lithuanian foreign minister Gabrielius Landsbergis about Russia's recent drone incursion into Polish airspace. What message should Europe and Nato take from this? How worried are the Baltic states about a possible expansion of Vladimir Putin's war aims? And how vulnerable are they to attack? Clips: BBC, BFBSFree links to read more on this topic: What is Vladimir Putin's game plan against Nato's eastern flank?Russians lose internet access as Ukrainian drones hit close to homeBaltic states know Russian occupation is never temporaryMoscow holds Ukrainian children at hundreds of sites across RussiaEurope turns to Ukrainian tech for ‘drone wall' against RussiaPresented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
After the toe-curling revelations about Lord Peter Mandelson's connections with the convicted paedophile Jeffrey Epstein, the ambassador's departure seemed inevitable to all - with the exception of some in Downing Street. Questions about the speed of his sacking, what Sir Keir Starmer knew and why the New Labour grandee was hired in the first place will plague the prime minister as he prepares for US President Donald Trump's upcoming visit. Host George Parker is joined by FT columnist Stephen Bush, deputy opinion editor Miranda Green, and deputy political editor Jim Pickard to discuss the political fallout for the PM and look ahead at the two-horse race to replace deputy Labour party leader Angela Rayner.Want more?:Labour MPs are increasingly doubting Keir Starmer's leadershipWhy the Mandelson affair raises questions about Starmer's judgmentExit Mandelson — but not Number 10's problemsPeter Mandelson's back: the Prince of Darkness returnsBridget Phillipson faces Lucy Powell in final stage of Labour deputy leader raceFollow George on Bluesky @georgewparker.bsky.social and on X at @GeorgeWParker; Jim @PickardJE, Stephen @stephenkb and Miranda on @greenmirandaSign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free at https://www.ft.com/InsidePoliticsOfferPolitical Fix is presented by George Parker and produced by Clare Williamson. The executive producer is Flo Phillips. Audio mix and original music by Breen Turner. The FT's acting head of audio is Manuela Saragosa. CLIPS: Parliament TVRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
China has become a superpower because of its ability to build bridges, cars and electronics at an astonishing pace. But breakneck growth comes with problems. The country is grappling with overproduction and deflation, and policymakers in Beijing are attempting to jumpstart consumer demand. How can China keep building without jeopardising its economic future? Dan Wang, research fellow at Stanford University's Hoover History Lab and author of 'Breakneck: China's Quest to Engineer the Future' speaks to the FT's financial reporter Aiden Reiter.Aiden Reiter co-writes the Unhedged newsletter. You can read his articles here.Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Aiden Reiter. Produced by Mischa Frankl-Duval and Josh Gabert-Doyon. Manuela Saragosa is the executive producer. Original music and sound design by Samantha Giovinco and Breen Turner. Hosted on Acast. See acast.com/privacy for more information.
Gideon talks to journalist Anshel Pfeffer about Israel's ‘strongman' Prime Minister Benjamin Netanyahu. They discuss how his ‘brazen disregard' for international norms has helped him to cling to power, but also left him at the mercy of more and more extreme forces in Israel. This episode is an edited recording of an event organised by Intelligence Squared that took place in central London earlier this month. Clips: LBC; CNN; BBCFree links to read more on this topic:Israel unbound: was Qatar a strike too far?EU moves to freeze some funding to Israel over war in GazaIsraeli annexation of the West Bank would be ‘red line' for UAENetanyahu's disastrous plan to take control of GazaSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
AI models have learned to create their own music by harvesting millions of songs from the internet. But critics say they're using musicians' work without permission, and three major record labels are suing them for ‘copyright infringement on an almost unimaginable scale'. In the second episode of this two part series, the FT's pop critic Ludovic Hunter-Tilney speaks to campaigners and lawyers about the legal battle over AI generators, and to artists about the growth of AI music on streaming platforms. How are AI generated songs racking up millions of listens? And should streaming platforms do anything to stop it? Free to read:Will AI kill the pop star?The Velvet Sundown's shaggy retro rock has attracted 750,000 listeners – but is it all an AI hoax? A musical supergroup fights AI – with a silent protest album Abba's Björn Ulvaeus warns of AI threat to musicians' revenuesThis series of Tech Tonic is presented by Ludovic Hunter-Tilney. The producers are Lulu Smyth and Josh Gabert-Doyon. Edwin Lane is the senior producer, Flo Phillips is the executive producer. Sound design by Breen Turner and Samantha Giovinco. Original Music by Metaphor Music. Fact checking by Miatta Mbriwa and Megan Hill. Manuela Saragosa is the FT's acting co-head of audio. Music used in this episode: ‘Dust on the Wind' - The Velvet Sundown‘The' – Is This What We Want by 1000+ artists ‘Chasing Horizons' - generated by Udio ‘Euphoria in Motion' - generated by Udio ‘Drift Beyond the Flame' – The Velvet Sundown ‘The Thrill of Loneliness' - Hana Stretton Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
US President Donald Trump is coming to the UK next week. What can we expect from his visit? And where do things stand between the US and the UK? In this special bonus episode, our two FT political chat shows, Political Fix and Swamp Notes, team up to unpack relations between the two longtime allies. Marc Filippino, host of the Swamp Notes podcast, and US managing editor Brooke Masters are joined by Political Fix's George Parker and Lucy Fisher to discuss. This episode was recorded on September 6 in front of a live audience at the FT Weekend Festival in London. Listen to the Swamp Notes podcast on Acast, Apple Podcasts, Spotify, Pocket Casts or wherever you get your podcasts.Listen to the Political Fix podcast on Acast, Apple Podcasts, Pocket Casts or Spotify or wherever you get your podcasts.Swamp Notes is produced by Henry Larson. The executive producer for Political Fix is Flo Phillips. This episode was mixed by Breen Turner. The FT's acting co-heads of audio are Topher Forhecz and Manuela Saragosa. Special thanks to Pierre Nicholson. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
It wasn't the start to the new parliamentary term that Prime Minister Keir Starmer hoped for. His insistence that his focus is now on “delivery, delivery, delivery” was eclipsed by the furore surrounding the deputy prime minister, Angela Rayner, over her tax affairs. To discuss where her precarious position leaves Starmer, plus his attempts to get the economic agenda back on track, host George Parker is joined by political correspondent Anna Gross, FT columnist and author of the daily Inside Politics newsletter Stephen Bush, and FT economics commentator Chris Giles. Plus, as the party conference season kicks off, the team looks at what's on the menu for Reform UK supporters at their first ever conference.Follow George on Bluesky or X: @georgewparker.bsky.social, @GeorgeWParker; Stephen @stephenkb; Anna @AnnaSophieGross and Chris @chrisgiles_Going to the FT Weekend Festival at Kenwood House Gardens in London on Saturday September 6? George and Lucy Fisher will be hosting a breakfast event, talking politics and podcasts, in the Experience Tent from 9.45am. FT Live has a 10% discount for all FT podcast listeners with the promo code FTPodcasts. Find a registration link to use with the discount hereSend a question, ideally as a voicenote, to our email address: politicalfix@ft.comSign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free here Want more?The UK is a Fiscal Saint not a SinnerReform UK ‘going to the next stage', says deputy leaderKeir Starmer seeks to get a grip on UK economy with new hiresThis episode of Political Fix was presented by George Parker, and produced by Philippa Goodrich. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT's acting co-head of audio is Manuela SaragosaRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
President Donald Trump's attempt to fire Lisa Cook, a member of the Federal Reserve's interest rate-setting board, is not the first time in the Fed's history that there has been an attempt to politicise central banking. But Peter Conti-Brown, associate professor of financial regulation at The Wharton School of the University of Pennsylvania, tells the FT's Chris Giles why Trump's intervention is different and why there are now reasons to fear for the survival of a key pillar of US and global economic stability. Going to the FT Weekend festival at Kenwood House Gardens in London on Saturday September 6? FT Live has a 10% discount for all FT podcast listeners with promo code FTPodcasts. Find a registration link with discount hereSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Chris Giles. Produced by Josh Gabert-Doyon and Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner and Samantha Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Gideon talks to Albanian academic Lea Ypi about her book Indignity. In the book, she describes how living first under the Ottoman empire, then as part of fascist Italy and later in a post-war communist state affected the lives of her grandparents. They discuss possible parallels between the first half of the 20th century and the times we are living in today and ask what lessons can be drawn from this history to avoid making the same mistakes. Clip: AQSHFFree links to read more on this topic:Kant and the case for peaceAlbania's ‘old sheriff' on course to win fourth term as prime ministerWhy the EU's migration dilemma is pushing the bloc further rightSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Generative AI models trained on vast swaths of popular music can create songs almost indistinguishable from human-made work. For some, they represent the future of pop music. For others, they threaten to flood the world with ‘AI slop', drowning out the work of human artists, stealing musicians' jobs, and ending the process of music-making as we know it. Is this just a case of technophobia? Or could AI music generators replace human musicians altogether?In the first in a two-part series, the FT's pop critic Ludovic Hunter-Tilney speaks to musicians and artists about the inventive power of generative AI in music, as well as the potential threat it might pose to musicians' livelihoods and the music industry as a whole. This series of Tech Tonic is presented by Ludovic Hunter-Tilney. The producers are Lulu Smyth and Josh Gabert-Doyon. Edwin Lane is the senior producer, Flo Phillips is the executive producer. Sound design by Breen Turner and Samantha Giovinco. Original Music by Metaphor Music. Manuela Saragosa is the FT's acting co-head of audio. Music used in this episode: ‘Chasing Horizons' - generated by Udio ‘Own the Night” - generated by Udio ‘From Ashes to Madness' - generated by Udio‘Workplace Vibes' - generated by Udio‘Canaan (Live Training)' - Holly Herndon. Copyright Herndon Dryhurst Studio‘Evening Shades (Live Training)' - Holly Herndon. Copyright Herndon Dryhurst Studio‘Godmother' - Holly Herndon. Copyright Herndon Dryhurst StudioMusic from Holly Herndon & Matt Dryhurst: The Call - Copyright Herndon Dryhurst Studio‘Heart on My Sleeve' - Ghostwriter977‘Verknallt in einen Talahon' - Butterbro / generated by Udio‘Let it Burn' - The Velvet Sundown‘Sexual Healing' - Written by Marvin Gaye, Odell Brown, and David Ritz. Copyright EMI Blackwood Music Inc. and EMI April Music Inc.‘I Wanna Dance with Somebody' - Written by George Merrill and Shannon Rubicam, Copyright Sony Music EntertainmentRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
It's a widely held assumption that US President Donald Trump has put globalisation into reverse. But Neil Shearing, group chief economist at Capital Economics and author of The Fractured Age: How the Return of Geopolitics Will Splinter the Global Economy, tells the FT's world trade editor Peter Foster that Trump's policies are a symptom and not the cause of the global trading system unravelling. They discuss how economic rivalry between the US and China is reshaping world trade – and where it might lead.Peter Foster is the FT's world trade editor. You can read his articles hereBook your FT Weekend Festival tickets hereSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Peter Foster. Produced by Josh Gabert-Doyon. Manuela Saragosa is the executive producer. Original music and sound design by Samantha Giovinco and Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
AI music generators - platforms that use artificial intelligence to create new, original music from scratch - can make songs that are almost indistinguishable from human creations. For some musicians, they're the next frontier in music-making technology. But for others, they represent a grave threat, flooding the world with low-grade AI music, stealing the jobs of working musicians, and even spelling the end of the creative process as we know it. Is this just technophobia, or is music facing AI annihilation?In a new two-part series of Tech Tonic, the FT's pop critic Ludovic Hunter-Tilney explores the emerging world of AI music, and the impact it could have on the industry.Tech Tonic is presented by Ludovic Hunter-Tilney. The producers are Lulu Smyth and Josh Gabert-Doyon. Edwin Lane is the senior producer, Flo Phillips is the executive producer. Sound design by Breen Turner and Samantha Giovinco. Original Music by Metaphor Music. Manuela Saragosa and Topher Forhecz are the FT's acting co-heads of audio. Hosted on Acast. See acast.com/privacy for more information.
The longheld US position to defend Taiwan's independent status in the face of Chinese aggression is looking shaky under the Trump administration, in spite of Taiwanese efforts to court the American president. This week, Gideon talks to analyst and author James Crabtree - former director of the Asia office of the International Institute for Strategic Studies - about why the US now seems more interested in doing a deal with China than showing support for Taiwan. They also discuss the broader implications that this, and other issues, might have for US alliances across the Indo-Pacific region, including relations with South Korea, Japan, Australia and India.Clips: Amazon PrimeFollow Gideon on Bluesky @gideonrachman.bsky.social or X @gideonrachmanMore on this topic:Taiwan raises defence spending by 23% under US pressure to counter China threatDonald Trump blocks Taiwan's President Lai Ching-te from New York stopoverUS cancelled military talks with TaiwanTrump is the gift that keeps giving to ChinaThe geopolitics of chips: Taiwan's ‘Silicon Shield'Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Clare Williamson. Sound design is by Breen Turner. The executive producer is Flo Phillips.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
AI music generators - platforms that use artificial intelligence to create new, original music from scratch - can make songs that are almost indistinguishable from human creations. For some musicians, they're the next frontier in music-making technology. But for others, they represent a grave threat, flooding the world with low-grade AI music, stealing the jobs of working musicians, and even spelling the end of the creative process as we know it. Is this just technophobia, or is music facing AI annihilation?In a new two-part series, the FT's pop critic Ludovic Hunter-Tilney explores the emerging world of AI music, and the impact it could have on the industry.Tech Tonic is presented by Ludovic Hunter-Tilney. The producers are Lulu Smyth and Josh Gabert-Doyon. Edwin Lane is the senior producer, Flo Phillips is the executive producer. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. Manuela Saragosa and Topher Forhecz are the FT's acting co-heads of audio. Hosted on Acast. See acast.com/privacy for more information.
President Donald Trump thinks that Asia's goods exports are automatically America's loss and as part of his ‘reciprocal' tariff policy, he has imposed some of the highest import taxes on goods from south-east Asia. So what does this mean for the region? And are Trump's policies pushing those countries further into China's orbit? Alan Beattie, the FT's senior trade writer, discusses these questions and more with Mari Pangestu, Indonesia's former trade minister and a former managing director at the World Bank.Alan Beattie is the FT's senior trade writer. He writes the Trade Secrets newsletter every Monday. Read Alan's columns hereSign up to the Trade Secrets newsletter hereBook your FT Weekend Festival tickets hereSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Alan Beattie. Produced by Mischa Frankl-Duval and Persis Love. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
England's NHS is in a ‘critical and deteriorating condition' - those are the words of Lord Darzi who investigated the state of the NHS for the new Labour government last year. In response, Starmer unveiled a ten year plan to fix it focusing on delivering three big shifts in healthcare: hospital to community; analogue to digital; sickness to prevention but is it too little, too late, or is the problem just too big to fix?In this week's special episode, host George Parker is joined by our global health editor, Sarah Neville, deputy comment editor Miranda Green and FT economics commentator, Chris Giles, author of the weekly newsletter on Central Banks. Together they discuss some of the key problems facing the UK's healthcare system, its financial situation and why it matters so much to both the public and politicians.Follow: George on Bluesky @georgewparker.bsky.social or X @GeorgeWParker; Sarah Neville @SarahNev; Chris Giles @ChrisGiles; and Miranda Green @greenmirandaSign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free at https://www.ft.com/InsidePoliticsOffer What did you think of this episode? Let us know at politicalfix@ft.com Want more? Free links: Will the NHS 10-year plan fix England's crumbling health service?The future of the NHSWes Streeting says ‘jury is out' over pay deal for doctors as talks continueOne in five UK doctors are considering quitting, regulator warnsMiranda's column - Ask Green: Is laughter the best medicine?CLIPS: BFIBBCSky NewsPresented by George Parker, and produced by Clare Williamson. The executive producer is Flo Phillips. Original music and mix by Breen Turner. Manuela Saragosa is the acting co-head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Gideon discusses the outcome of the recent Alaska and Washington summits with Alexander Gabuev, director of the Carnegie Russia Eurasia Center. Has Russia emerged as a clear winner? What can be achieved without more pressure on Vladimir Putin? How effective would western security guarantees be to prevent future Russian aggression?Clip: Sky NewsFree links to read more on this topic:Ukraine talks expose Trump's dreadful attention to detailDonald Trump says US could play role ‘by air' in Ukraine security guaranteeDonald Trump says US to ‘co-ordinate' Ukraine's security with Europe‘Stab in the back': Kyiv reels as Trump embraces Putin's termsSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design by Breen Turner. The executive producer is Flo Phillips.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
When the EU and US hit Russia with fresh sanctions in 2022, many analysts expected the country's economy to crack. Instead, Russia has shown strong GDP growth, powered in large part by a massive boost to war-related industries. Now, the effects of that boost appear to be fading. Have western sanctions finally started to bite? What would happen to Russia's economy if the Ukraine war were to end? And how difficult might it be for the country's economy to return to normal? To find out, the FT's economics editor Sam Fleming speaks to Elina Ribakova. Elina is a non-resident senior fellow at the Peterson Institute for International Economics, a non-resident fellow at Brussels think-tank Bruegel and vice-president for foreign policy at the Kyiv School of Economics.Sam Fleming is the FT's economics editor. You can find his articles here: https://www.ft.com/sam-flemingWant more? Free links:Russia moves to contain concern over banks' bad loan exposureVladimir Putin's war economy is cooling, but Russians still feel richerRussia's central bank speeds up rate cuts as war economy coolsThere's no money to be made in RussiaThe FT Weekend Festival returns for its 10th edition on Saturday, September 6 at Kenwood House Gardens in London. Get details and tickets hereSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Sam Fleming. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Manuela Saragosa is the FT's acting co-head of audio. Original music from Breen Turner, and sound design by Breen Turner & Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Maga arrived in Chipping Norton this week, heralding an intense round of British diplomacy ahead of the Trump-Putin summit in Alaska on Friday. Ukraine is top of the agenda and both Prime Minister Keir Starmer and foreign secretary David Lammy have been doing their bit liaising between US vice-president JD Vance and President Donald Trump, Ukrainian President Volodymyr Zelenskyy and several European leaders. In this week's episode, host George Parker is joined by Europe editor Ben Hall and Whitehall editor David Sheppard to discuss how the UK is playing its hand on the global stage and the role of soft power in its negotiations. The FT Weekend Festival returns for our 10th edition on Saturday September 6 at Kenwood House Gardens in London. Get details and tickets hereFollow George on Bluesky or X: @georgewparker.bsky.social, @GeorgeWParker; Ben Hall @hallbenjamin and David Sheppard @OilSheppardWant to get in touch? Email politicalfix@ft.com Want more? Free links: Putin hails Trump's ‘energetic and sincere' efforts to end Ukraine warZelenskyy faces his ‘moment of maximum pressure'JD Vance to meet Reform's Nigel Farage after talks with Tory MP Robert JenrickGeorge Osborne arranged Cotswolds holiday for JD VanceHow the Bayeux Tapestry became a tool of soft powerSign up here for 30 days free of Stephen Bush's Inside Politics newsletter. CLIPS: Manchester Evening NewsPresented by George Parker, and produced by Clare Williamson. The executive producer is Manuela Saragosa. Original music and mix by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.
The Trump administration has hit India with 50% tariffs. And just after a short military conflict between India and Pakistan, President Trump played host to Pakistan's army chief of staff at the White House. Gideon discusses what this means for India and for the region with Tanvi Madan, author of a noted history of the US-India relationship. Clip: WION. Weekend Festival linkFree links to read more on this topic:Donald Trump tariffs threaten Narendra Modi's ‘Make in India' driveHow Pakistan wooed Trump — and rattled IndiaNarendra Modi tells Indian farmers he will ‘never compromise' in face of 50% US tariffsIndia's Russian oil conundrum: yield to Donald Trump or face tariff backlashPresented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Manuela Saragosa.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
This week on the Economics Show, we're bringing you an interview with Ray Dalio, from our foreign affairs podcast, the Rachman Review. It originally broadcast on July 3.Gideon talks to Ray Dalio, founder of Bridgewater Associates, the world's largest hedge fund and author of a new book: How Countries Go Broke. They discuss the size of the US debt and what history tells us about identifying warning signs. Clip: CBS Read more:Is Donald Trump's ‘big, beautiful bill' a political curse for Republicans?Fears over US debt load and inflation ignite exodus from long-term bonds Donald Trump's big, beautiful act of self-harmThe fall in the dollar is not scary Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips. Hosted on Acast. See acast.com/privacy for more information.
Today, we're bringing you an episode from our fellow FT podcast, The Economics Show. The US dollar has been in slow decline for around a decade – so says Kenneth Rogoff, Harvard professor, and former chief economist of the IMF. Donald Trump's trade policies have raised a lot of questions about the future of the dollar – and how its decline could affect the rest of the world's currencies. Rogoff joins Martin Wolf to discuss how the decline of the dollar could empower China, capital flight from the US, and why cryptocurrency is a bigger threat to dollar hegemony than most people realise.Martin Wolf is chief economics commentator at the Financial Times. You can find his column here: https://www.ft.com/martin-wolf Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Martin Wolf. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner. The FT's 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.