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Republicans are often known as the party of fiscal responsibility. This week, Swamp Notes unravels the US House of Representatives' “big, beautiful” bill and its uncertain path forward in the Senate. Edward Luce, US national editor and columnist, and James Politi, Washington bureau chief, explain what made congressional Republicans go all in on big spending, tax cuts and more debt. Subscribe to the new Swamp Notes feed here. Mentioned in this podcast:Read Edward Luce's column on the new ‘moron premium' for TreasuriesUS House passes Donald Trump's showpiece tax billSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Lauren Fedor, Katya Kumkova and Henry Larson. Topher Forhecz is the acting co-head of audio. Special thanks to Pierre Nicholson. Hosted on Acast. See acast.com/privacy for more information.
Within the space of one week, US President Donald Trump endorsed tax increases for America's top earners and promised to slash drug prices by up to 70 per cent. It's a platform that echoes former presidential candidate Bernie Sanders and others on the political left. So why are we hearing it from Trump, and why now? FT's Washington bureau chief James Politi and global business columnist Rana Foroohar are on the show to discuss.Subscribe to the new Swamp Notes feed here. Mentioned in this podcast:Trump leans left in bid to revive flagging poll numbersWhy ‘Make Hollywood Great Again' makes senseSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Katya Kumkova. Topher Forhecz is the acting co-head of audio. Special thanks to Sonja Hutson and Pierre Nicholson. CREDIT: clip from Forbes 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 chief James Politi and US politics and society correspondent Guy Chazan are on to discuss if a showdown is coming between the party's fiscal hawks and those who'd like to preserve social welfare programmes. Mentioned in this podcast:The big government spending Maga voters can't live withoutUS House passes budget resolution to cut taxes and spending by trillionsSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Katya Kumkova. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Hosted on Acast. See acast.com/privacy for more information.
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 media climate. Mentioned in this podcast:White House to choose which reporters get close access to Donald TrumpDonald Trump vs the media: US president wages war on the fourth estateSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Katya Kumkova. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Donald Trump has made a lot of enemies over the years. He spent his first week back in the White House going after them — and is reshaping the federal government in the process. The FT's Washington bureau chief James Politi and US legal and enforcement correspondent Stefania Palma join this week's Swamp Notes to explain what the president's first week signals about his plans for the next four years.Mentioned in this podcast:Donald Trump vs the ‘deep state': president's vendetta agenda takes shapeTrump's pick for justice department to face scrutiny on vow to prosecute his opponentsSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson and Katya Kumkova. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The Republicans swept to power in Tuesday's election, winning the White House, the Senate, and probably the House of Representatives. Voter dissatisfaction with the economy played a big part in their success. The FT's Washington bureau chief James Politi and global business columnist Rana Foroohar join this election week episode of Swamp Notes to explain why Democrats failed to deliver a convincing economic message, and what Donald Trump's disruptive agenda could mean for the US economy. Mentioned in this podcast:Wall Street rejoices as the bell tolls for Biden-era regulationEconomists warn Trump's policies will trigger inflationBitcoin hits record above $75,000 as crypto industry celebrates Trump winSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Hosted on Acast. See acast.com/privacy for more information.
The dollar weakened on Monday as global markets reined in their bets on a victory for Donald Trump in the US presidential election, and the Financial Times' James Politi explains what to look out for as results trickle in. Plus, Spain's prime minister is facing political backlash over the country's historic flooding and the Nigeria-based fintech Moniepoint has gained “unicorn” status.Mentioned in this podcast:Dollar weakens as investors rein in bets on Trump victory Spain's political leaders turn on each other over flood catastrophe US election 2024: a comprehensive guide to the presidential race Nigeria-based fintech Moniepoint gains ‘unicorn' statusCredit: AFPThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
With the US election in a matter of weeks, today Soumaya Keynes is joined by the FT's Washington bureau chief, James Politi. They discuss the Kamala Harris platform – from industrial policy to tax reform to housing – and what it might all cost. They also talk about how Kamala Harris might differ from Joe Biden, and which staff members might stay and which might go.Soumaya Keynes writes a column each week for the Financial Times. You can find it hereSubscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Both chambers of the US Congress are like the country they represent: narrowly divided. But while Democrats currently hold a one-seat Senate majority, Republicans are increasingly confident that they'll take back control of the chamber after the election next month. The FT's Washington bureau chief, James Politi, and the Cook Political Report's Senate and Governors editor, Jessica Taylor, join this week's Swamp Notes to explain why this year's Congressional map looks so good for Republicans. Mentioned in this podcast:Joe Manchin will not seek US Senate re-election in blow to DemocratsDonald Trump-backed US Senate candidate clinches Republican nomination in OhioSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Voters consistently tell pollsters that economic issues are their top electoral concern. Kamala Harris and Donald Trump have spent the past few weeks honing their economic messages — and they couldn't be more different. The FT's US managing editor, Peter Spiegel, and Washington bureau chief, James Politi, join to explore how each candidates' plan would impact the country.Mentioned in this podcast:Trumponomics: the radical plan that would reshape America's economyKamala Harris sets out pro-business economic philosophy in swing-state speechSign up for the FT's Swamp Notes newsletter hereSign up for our free, pop-up newsletter The Best of Lunch with the FT, running until November 17Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. CREDIT: MSNBC, Fox News Hosted on Acast. See acast.com/privacy for more information.
Democrats and Republicans have taken a protectionist turn on trade policy over the past few years. They say it's to protect national security, but that argument doesn't always hold up. Just look at this week's announcement from vice-president Kamala Harris that she doesn't support the purchase of US Steel by Japan's Nippon Steel. The FT's economics editor, Sam Fleming, and Washington bureau chief, James Politi, join this week's Swamp Notes to explain why both parties are leaning into “Made in America”.Mentioned in this podcast:How national security has transformed economic policyJoe Biden set to block Nippon Steel's takeover of US SteelSign up for the FT's Swamp Notes newsletter hereRegister for our live subscriber webinar now at ft.com/uswebinarSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Hosted on Acast. See acast.com/privacy for more information.
Kamala Harris has supercharged Democratic party voters' enthusiasm in the weeks since President Joe Biden stepped down as the nominee. Can Tim Walz, a little-known Midwestern governor with an everyman appeal and a progressive agenda, help maintain that excitement as her vice-presidential pick? The FT's global business columnist, Rana Foroohar, and Washington bureau chief, James Politi, join this week's Swamp Notes to discuss what Walz adds to the ticket. Mentioned in this podcast:Kamala Harris champions personal freedoms at first rally with Tim WalzWhy Tim Walz was Kamala Harris's choice for vice-presidentSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Hosted on Acast. See acast.com/privacy for more information.
Americans have inflation and foreign policy on their minds this election. That means that President Joe Biden's ambitious climate achievements aren't resonating with voters – especially young voters – the way his administration expected. The FT's US climate reporter, Aime Williams, and Washington bureau chief, James Politi, join this week's Swamp Notes podcast to explain why. Mentioned in this podcast:How Joe Biden's climate push fell flat with Gen Z votersWhy Americans are not buying more EVsSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. CREDIT: ESPN Hosted on Acast. See acast.com/privacy for more information.
Student-led protests against Israel's war in Gaza have spread across the US in recent weeks, with demonstrators building tent encampments on university grounds, and even storming university buildings. The FT's Washington bureau chief, James Politi, and FT New York correspondent, Joshua Chaffin, join this week's Swamp Notes to explain why the protests could hurt President Joe Biden's re-election chances.Mentioned in this podcast:New York police storm Columbia University and arrest pro-Palestinian protestersPolice raid UCLA protest camp as clashes over Gaza spread across USSign up for the FT's Election Countdown newsletter hereSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor, Kasia Broussalian and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Original music by Hannis Brown. CREDIT: NBC News New York, X/@JaunMaBenitez, X/@AnthonyCabassa_, PBS NewsHour Hosted on Acast. See acast.com/privacy for more information.
The US Supreme Court set out to answer a big constitutional question on Thursday: can a president be charged for potential crimes committed while in office? The FT's Washington bureau chief, James Politi, and US legal and enforcement correspondent, Stefania Palma, join this week's Swamp Notes to explain why the answer could determine the outcome of Donald Trump's federal trials and the future of the American presidency.Mentioned in this podcast:US Supreme Court debates limits of presidential immunity in Donald Trump appealDonald Trump prepares his final pitch on presidential immunitySign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. CREDIT: CNN Hosted on Acast. See acast.com/privacy for more information.
Donald Trump championed the reversal of Roe vs Wade. He even called himself the “most pro-life president” in US history. But with voters outraged by abortion restrictions, Trump and other Republicans are staking out a new position on the issue. The FT's global business columnist, Rana Foroohar, and Washington bureau chief, James Politi, join to explain why.Mentioned in this podcast:Arizona court bans almost all abortions in Trump-Biden swing stateDonald Trump says abortion law should be left to statesSign up for the FT's Swamp Notes newsletter hereTell us what you're thinking about the US election! Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. CREDIT: Forbes Breaking News Hosted on Acast. See acast.com/privacy for more information.
Donald Trump's first term as president featured mainstream Republican figures — respected military officials, centre-right policymakers, and neoliberal business leaders — who promised to temper his more extreme instincts. But if Trump takes office again, his White House could feature a very different cast of characters. The FT's Washington bureau chief, James Politi, and deputy Washington bureau chief, Lauren Fedor, join this week's Swamp Notes to discuss what a second Trump White House would look like. Mentioned in this podcast:The Trump machine: the inner circle preparing for a second termSign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Hosted on Acast. See acast.com/privacy for more information.
Description: For decades, common political wisdom has held that Americans vote based on their satisfaction with the economy. But even as the US economy booms, with persistently low unemployment and wage growth outpacing inflation, President Joe Biden's approval rating continues reaching record lows. The FT's Rana Foroohar and James Politi join this week's Swamp Notes to explain why. Mentioned in this podcast:What if it's not the economy, stupid?Why Biden gets little credit for a strong US economySign up for the FT's Swamp Notes newsletter hereSwamp Notes is produced by Jake Harper, Sonja Hutson, Lauren Fedor, Marc Filippino and Ethan Plotkin. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
This week on Taking Stock Mandy Johnston chats to James Politi of the Financial Times about the current state of President Joe Biden's political career and his potential bid for a second term. As the tech industry continues to make headlines announcing worldwide layoffs it reminds us that losing your job can be a difficult and stressful experience. So Career Consultant Sinead English talks about how to deal with redundancy and getting back on track. Finally Mandy chats to Martin Lipton Chief Sports reporter with the Sun about all that's going on with the Economics of the Premier League.
The London Interbank Overnight Rate (LIBOR) – one of the world's longest-lasting financial benchmarks – disappears this month. It's just one of the many signs of a new uncertainty in economics. Rising inflation, high energy bills, real estate crises in China, lockdowns, supply chain breakdowns, and labor shortages are creating an unusual economic storm. How will all of this affect the world economy and geopolitics in the new year? Altamar hosts Peter Schechter and Muni Jensen are joined by James Politi, Washington Bureau Chief of the Financial Times, to help us sort out the confusing world economy. Altamar's ‘Téa's Take' by Téa Ivanovic delves into the fact that millennials are seeing inflation for the first time in their lives.
Read a transcript of this episode on FT.comhttps://www.ft.com/content/64380f52-df32-4ad7-b2b6-fec42ee95ce1Federal Reserve governor Randal Quarles' decision to leave the US central bank next month creates yet another opening for the Biden administration to fill amid uncertainty about the institution's leadership, Tesla shares fell nearly 5 per cent on Monday after millions of Twitter users polled by chief executive Elon Musk concluded that he should sell 10 per cent of his stake in the electric carmaker. Plus, SoftBank founder Masayoshi Son has promised an $8.8bn share buyback programme over the next 12 months. 30-day free trial of the Moral Money newsletter: http://www.ft.com/cop26podcastTesla shares slide after Musk's Twitter poll backs stake sale - with Richard Waters https://www.ft.com/content/2ac226d6-0eba-4f97-91c1-fb70076c20b0Fed governor Randal Quarles to leave post next month - with James Politi https://www.ft.com/content/6e312624-0399-4d76-85e9-80e61f1f8c91SoftBank unveils $8.8bn share buyback following investor pressure - with Kana Inagaki https://www.ft.com/content/ca7df7d4-7e7e-43b2-85d6-36432d0d9d66The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show's editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show's theme song is by Metaphor Music. The FT's global head of audio is Cheryl Brumley. See acast.com/privacy for privacy and opt-out information.
Leading Democrats in the U.S. House of Representatives have outlined plans for a substantial roll-back of former President Donald Trump's tax cuts, including raising the top tax rate on corporations to 26.5% from 21%. Democrats on the powerful House Ways and Means Committee will debate legislation this week that would achieve the changes as part of their broader, $3.5 trillion domestic investment plan. James Politi, the Washington bureau chief for the Financial Times Newspaper, explains the political strategy by the Biden administration. China's clampdown on technology companies is targeting the country's largest digital payment platform Alipay, which serves more than a billion users. Beijing is also expected to force Alipay's parent, Ant, founded by the billionaire Jack Ma, to hand over the user data on which it relies for making its loans. Isabel Hilton, the founder of China Dialogue and an expert on the country with Lao Institute at Kings College, gives us her analysis. The retail giant Walmart has been the victim of fake news, after a false story was reported about it doing a deal for customers to use the digital currency Litecoin. We hear how the company's shares were affected and how the fake story was spread. Throughout the programme we also get the views of Alexis Goldstein, an activist and financial reform advocate in Washington DC and Shuli Ren, an opinion writer with Bloomberg in Hong Kong. (Picture: US Capitol Building. Getty Images.)
Washington and Berlin have reached a deal to resolve their longstanding dispute over the Nord Stream 2 pipeline, and Brussels has insisted it will not renegotiate the EU's Brexit deal with the UK after London inflamed tensions by launching a bold push to overhaul Northern Ireland trade rules. Plus, rising housing expenses are quickly emerging as a pivotal indicator for officials at the Federal Reserve, within the Biden administration and among private economists.EU rejects British plan to rip up Brexit deal with George Parker, political editorhttps://www.ft.com/content/13ad8840-a83c-4871-a877-47b7001d839bUS and Germany reach truce over Nord Stream 2 pipeline with Aime Williams, US trade correspondent https://www.ft.com/content/49210a4e-17ed-4a2e-a986-4efcadc7f342US housing inflation: the sleeping giant that might tip the Fed's hand with James Politi, Washington bureau chiefhttps://www.ft.com/content/efdf1845-6138-4af7-8d2b-c20df9fed218The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show's editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show's theme song is by Metaphor Music. The FT's global head of audio is Cheryl Brumley. See acast.com/privacy for privacy and opt-out information.
The start-up that owns the biotechnology behind the Oxford/AstraZeneca vaccine has confidentially filed for an initial public offering in the US, Indian social media group ShareChat has raised more than $500m to grow its popular short-video app Moj, and Austrian activist Max Schrems has filed a privacy complaint against Google in France. Plus, the FT’s Washington bureau chief James Politi has details on the US’s offer to the rest of the world to tax multinational companies. US offers new plan in global corporate tax talkshttps://www.ft.com/content/847c5f77-f0af-4787-8c8e-070ac6a7c74fBiotech start-up behind AstraZeneca vaccine files for US listing https://www.ft.com/content/ff260c57-66f9-474b-9643-7640dc918009ShareChat valued at $2bn in wake of TikTok ban https://www.ft.com/content/3a5e44e2-b2c0-4f37-9c4a-f51c6ef46eb6?Max Schrems accuses Google of illegally tracking Android users https://www.ft.com/content/4617cc99-3ed2-49e1-b97f-db4f1b45b5db? See acast.com/privacy for privacy and opt-out information.
The cost of many popular goods and services in the eurozone is rising far faster than the bloc’s overall depressed level of inflation, the video conferencing company Zoom continued to ride the boom in working and learning from home, and Eurozone finance ministers have struck an agreement to revamp the bloc’s bailout fund. Plus, the FT’s James Politi explains what is in store as Federal Reserve chair Jay Powell and US Treasury secretary Steven Mnuchin appear before the US Congress. Eurozone consumers hit by rising goods costs despite negative inflationhttps://www.ft.com/content/e8a10dff-ca00-4bd0-8909-a62b51e498af?Zoom sales up fourfold as pandemic keeps workers at homehttps://www.ft.com/content/3f388aac-9e41-4ce4-bc30-187bad688d8a?Eurozone finance ministers strike deal over bailout reform https://www.ft.com/content/827f3d0c-ff1d-417e-bdc9-afd55be003b0Jay Powell frets over US economy despite good news on a vaccineft.com/content/0b526c01-67e2-411c-ad8c-5ab362515047 See acast.com/privacy for privacy and opt-out information.
Western governments are concerned that a World Health Organization team investigating the origins of coronavirus did not visit Wuhan, EU trade commissioner Phil Hogan has resigned after a Covid-19 misstep, and Hurricane Laura is expected to wreak havoc on US oil refinery hubs near the Gulf of Mexico. Plus, the FT’s James Politi previews what this year’s all-virtual Jackson Hole central bankers’ symposium will look like. Fears over virus probe rise after WHO team fails to visit Wuhanft.com/content/f9dea077-66fb-4734-9d1d-076dc93568e1?EU trade commissioner set to resign after furore over Irish dinnerhttps://www.ft.com/content/f53a2bbc-97d6-484d-92e0-7907759cdd93Hurricane Laura threatens to bring ‘unsurvivable’ surge to US Gulfhttps://www.ft.com/content/86d7cac1-210e-49a9-a3ab-9b7b7bb5d8dfCentral bankers face virus hit to global economy at crisis forumhttps://www.ft.com/content/269eec67-1145-41b8-b97c-f43b293017fdLearn more about the FTWeekend Festival here: https://ftweekend.live.ft.com/ See acast.com/privacy for privacy and opt-out information.
EU leaders are closing in on a deal for a landmark coronavirus recovery package, the largest laboratory company in the US, Quest Diagnostics, has warned it will be impossible to increase coronavirus testing capacity in the event of a second wave in the autumn, and European banks are facing as much as €800bn in loan losses over the next three years as a result of the coronavirus crisis. Plus, the FT’s James Politi will explain why the US economic recovery from coronavirus was so short-lived and whether it will gather pace again. See acast.com/privacy for privacy and opt-out information.
EU member states are urging Brussels to account for the shock of a hard Brexit in its coronavirus recovery plans, a former Goldman Sachs banker has avoided prison time for his role in a global insider trading ring, and US online car sales company Vroom more than doubled its price on the first day of trading as investors showed strong demand for newly listed stocks. Plus, the Federal Reserve is releasing its first economic forecast in six months. The FT’s James Politi explains what the US central bank could signal about the next stage of their recession response. See acast.com/privacy for privacy and opt-out information.
US civil rights groups have received a surge of corporate donations since Minneapolis police killed George Floyd, the head of Fidelity International has warned that asset managers will struggle to provide enough cash to keep businesses afloat, and global trade is under threat with up to 400,000 crew stranded either at sea or at home due to Covid-19. Plus, the FT’s James Politi explains why the US Bureau of Labor Statistics is having a hard time pinning down the country’s actual unemployment rate. See acast.com/privacy for privacy and opt-out information.
The Federal Reserve has warned of lasting “medium-term” economic fallout from the coronavirus pandemic. The FT’s James Politi unpacks the central bank’s outlook. Plus, the White House praised Gilead’s remdesivir as a coronavirus treatment drug after the release of the findings from a new study, and Microsoft posted strong results in the latest quarter thanks to a jump in its cloud-related business. Then, the FT’s Stephen Morris reports on how Barclays fared in the first quarter as the bank announced a sharp increase in provisions for bad loans.To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. See acast.com/privacy for privacy and opt-out information.
Donald Trump imposes sanctions against Turkish officials, hopes fade for a Brexit deal at a European summit this week, Facebook admits doubts about its digital currency, Libra, as regulatory hurdles loom and African swine fever drives up European pork prices. Plus, the FT’s James Politi explains why the US-China trade truce reached last week is still fragile. See acast.com/privacy for privacy and opt-out information.
US companies are unlikely to heed Donald Trump’s call to ditch their investments in China, Argentina’s request for more time to pay $101bn of debts meets a cool reception from the country’s creditors, and UK prime minister Boris Johnson is sending his chief Brexit negotiator to meet with EU counterparts to hammer out a revised exit deal. Plus, the FT’s James Politi walks us through the legacy Christine Lagarde leaves at the IMF and what it might say about her future as the incoming president of the European Central Bank. See acast.com/privacy for privacy and opt-out information.
The Trump administration launches an investigation into French plans to bring in a special tax targeting big tech companies and Amazon Music becomes the fastest-growing streaming service. Plus, Federal Reserve chairman Jay Powell cemented the case for an interest rate cut in his testimony to US Congress. The FT’s James Politi explains. See acast.com/privacy for privacy and opt-out information.
The biggest names in tech come under pressure as US regulators prepare for antitrust probes, Apple turns towards services and privacy at its annual developers conference and US president Donald Trump turns to the political part of his UK trip after a state banquet with the Queen. Plus, the FT’s trade editor James Politi take us behind the sharp rise in trade tensions between the US and Mexico, and what lies ahead. See acast.com/privacy for privacy and opt-out information.
Talks between Prime Minister Theresa May and Labour leader Jeremy Corbyn have slowed ahead of a crucial European Union summit, a federal judge says the Securities and Exchange Commission and Elon Musk, Tesla chief executive, must resolve a Twitter dispute outside of court and the price of oil tops $70 a barrel for the first time since November. Plus, the FT’s James Politi tells us why the US and China have pushed back the timing of a possible trade deal. See acast.com/privacy for privacy and opt-out information.
The US government has been partially closed since December 22 over the border funding issue, leading thousands of federal workers to stay home or work without pay, and shuttering museums and national parks. Katie Martin discusses the reasons for the stand-off with the FT’s James Politi and Kadhim Shubber.Contributors: Suzanne Blumsom, executive editor, Katie Martin, capital markets editor, James Politi, world trade editor and Kadhim Shubber, US legal correspondent. Producer: Fiona Symon See acast.com/privacy for privacy and opt-out information.
Theresa May battles to convince critics of her Brexit deal, Trump tries to sell Democrats a "border barrier" as the US government shutdown heads into its third week and China approves $125bn of rail projects to counteract a slowdown in its economy. Plus, the FT's world trade editor James Politi tells us what we can expect as the US and China begin trade talks today. See acast.com/privacy for privacy and opt-out information.
Gideon Rachman discusses the implications of the US mid-term election results for the Democrats and Republicans with the FT's Geoff Dyer and James Politi. Will a mood of reconciliation or confrontation prevail? See acast.com/privacy for privacy and opt-out information.
Daniel Dombey discusses the new trilateral pact called the United States-Mexico-Canada Agreement with the FT's Alan Beattie and James Politi See acast.com/privacy for privacy and opt-out information.
At the Port of Baltimore on the US east coast businesses fear the impact of the US-China tariff battle. The FT's world trade editor James Politi reports. See acast.com/privacy for privacy and opt-out information.
The FT's world trade editor James Politi explains how the US and Mexico came to a new bilateral agreement, where Canada stands and what the future holds for Nafta and North American industry. Read more from James on FT.com. See acast.com/privacy for privacy and opt-out information.
Giuseppe Conte, a relatively unknown academic, is to become the next prime minister of Italy after months of negotiations that followed an inconclusive election. But the new coalition has alarmed investors nervous that it will flout eurozone fiscal rules and lead Italy on a path to economic ruin. So, how worrying is the situation? Elaine Moore puts the question to the FT’s James Politi, and Miles Johnson. See acast.com/privacy for privacy and opt-out information.
Emanuele Macaluso, giornalista e dirigente storico PCI ; James Politi, corrispondente da Roma del Financial Times ; Michele Ainis, costituzionalista.
March elections in Italy could see a surge in support for the country’s eurosceptic opposition. Paolo Gentiloni’s ruling Democratic party is trailing both a resurgent centre-right coalition led by former prime minister Silvio Berlusconi, and the anti-establishment Five Star Movement in the polls. Gideon Rachman discusses what this means for Italy and the eurozone with the FT's Rome correspondent James Politi See acast.com/privacy for privacy and opt-out information.
James Politi, corrispondente a Roma per il Financial Times ; Gianni Pittella, presidente Gruppo dei Socialisti europei (PD) ; Massimiliano Salini, eurodeputato Forza Italia.
A historically tolerant, left-wing town in Tuscany elected a fire brand populist mayor. James Politi reports from Italy on the rapid rise of populism driven by a slowing economy and the arrival of refugees from the Middle East and Africa. See acast.com/privacy for privacy and opt-out information.
Alitalia, the Italian airline, has collapsed into administration, in a process likely to lead to its sale or liquidation. Andrew Parker discusses the collapse and its implications with James Politi, FT correspondent in Rome, and Jonathan Eley, deputy head of Lex. See acast.com/privacy for privacy and opt-out information.
The reformist Argentine Francis is encountering opposition from those who claim his zeal threatens Catholic Church unity, says James Politi. The Pope enjoys very high popularity, but his critics are becoming bolder See acast.com/privacy for privacy and opt-out information.
Italy's prime minister Matteo Renzi has vowed to step down if, as polls suggest, he loses Sunday's referendum on constitutional reform. Some fear this could hit the economy and banking sector hard. John Murray Brown discusses the likely repercussions with Tony Barber, the FT's Europe editor, and James Politi, Rome bureau chief. See acast.com/privacy for privacy and opt-out information.
Some sub-Saharan nations and aid agencies are sceptical of the EU's push to tackle the causes that send so many thousands on the dangerous passage across Libya and the Mediterranean to enter Europe via Italy, say Maggie Fick, James Politi and Duncan Robinson See acast.com/privacy for privacy and opt-out information.
This week Matteo Renzi, Italy's prime minister, set a date in December for his high-stakes referendum on constitutional reform. The vote will determine the political future of a leader already struggling with painful party defeats in local elections, troubles in Italy's banking system and a persistently weak economy. Ben Hall discusses with James Politi, the FT's Italy correspondent and Europe news editor Joshua Chaffin. See acast.com/privacy for privacy and opt-out information.
Several towns in France have taken the unusual step of banning the burkini from their beaches, and a number of women in the resort of Cannes have already been fined for wearing the concealing swimwear favoured by some Muslims. Josh Noble discusses what’s behind the move and why Italy has taken a different approach, with the FT’s Paris and Rome bureau chiefs Anne-Sylvaine Chassany and James Politi. See acast.com/privacy for privacy and opt-out information.
Italy's banking system is struggling in the wake of Britain's vote to leave the European Union and ahead of stress tests this month. What does this mean for the future of Matteo Renzi, Italy's prime minister, and for Europe's wider economic prospects? Daniel Dombey puts the question to the FT's Alex Barker and James Politi. See acast.com/privacy for privacy and opt-out information.
Ignazio Marino, the Mayor of Rome, is fighting for his political life, as details emerge of an immense corruption scandal reaching right into the heart of the Eternal City. Does he deserve to be nudged out of office? Leaf Arbuthnot asks James Politi, FT Rome Bureau Chief, to explain. See acast.com/privacy for privacy and opt-out information.
Italy is making tentative steps on the road to recovery. Europe's third largest economy reported first quarter growth of 0.3% this month, its best performance in three years. James Politi tests the mood among ordinary Italians. See acast.com/privacy for privacy and opt-out information.
Long term unemployment can take a huge toll on individuals, but it also carries grave consequences for the overall economy. James Politi, US political correspondent, looks at why levels of long term joblessness remain high in the US, and whether government efforts to tackle the problem are proving effective. See acast.com/privacy for privacy and opt-out information.
The eurozone has dominated headlines for months, but what of the other key poles of the world economy, China and the United States? Growth has been slowing in China for months, and the US is also struggling. James Politi in Washington and Jamil Anderlini in Beijing join Gideon Rachman to discuss the prospects of the world's two largest economies. See acast.com/privacy for privacy and opt-out information.