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Qatar's decision to host the World Cup was mired in controversy from the start but ultimately seems to have paid off, bringing the tiny Gulf emirate new friends and winning over old enemies. Gideon talks to Simeon Kerr, the FT's Gulf correspondent, about what motivates the emirate to seek to deploy its vast wealth for political ends.Clips: Qatar Airways; France 24 More on this topic:Qatar wooed EU lawmakers ahead of football World CupHow the unlikeliest World Cup ever came to beQatar faces the harsh glare of World Cup publicityQatar World Cup provides rare source of unity to Arab statesSubscribe 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 TurnerRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Mortgage rates in the UK on five-year fixed deals have dipped below 6 per cent for the first time in nearly two months, and US retailers are facing their first real-terms fall in revenues since the global financial crisis this holiday season. Plus, the FT's gulf correspondent, Simeon Kerr, explains why there's so much pressure on Qatar as the country hosts the World Cup. Mentioned in this podcast:Mortgage rates on five-year fixes tip below 6 per cent US retailers face first real-terms fall in sales since financial crisisVideo: Qatar's World Cup legacyFIFA: Saleh Al-Shehri scores for Saudi Arabia vs Argentina! The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show's editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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.
Qatar is in the spotlight as the host of this year's World Cup — and the small, oil-rich nation has had to confront a lengthy human rights record with the world watching. The FT's Gulf correspondent Simeon Kerr breaks down Qatar's larger goals due to hosting the tournament, and what changes it has — and hasn't — made to see those through. Clips from BBC, AP, PBS NewsHour, France24, The Guardian- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:The ethical case for watching this possibly unethical World CupQatar counts down to World Cup kick-off after $200bn soft power betHow the unlikeliest World Cup ever came to beQatar 2022: the weirdest World Cup in history- - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Simeon Kerr (@simeonkerr) and Michela Tindera (@mtindera07)Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Simeon Kerr, Gulf Correspondent at the Financial Times in Dubai & Michael O'Sullivan, Former Garda Assistant Commissioner
US officials say they have recovered $2.3m worth of ransom payments made to hackers who shut down the Colonial pipeline last month, investors pile into Biogen after the US Food and Drug Administration approves the company's Alzheimer's treatment, and Mexico's president Andrés Manuel López Obrador loses his congressional supermajority. Plus, the FT's Gulf correspondent, Simeon Kerr, explains why Abu Dhabi is shifting away from oil and investing more into arts, media and culture. US says it has recovered majority of Colonial pipeline ransomhttps://www.ft.com/content/43dab2dc-a7aa-4102-9779-d1b6ced2985bAlzheimer's drug from Biogen wins US approvalhttps://www.ft.com/content/6f48610b-ec86-4deb-a89c-fc0a0f332bb0Mexico's president loses congressional supermajority in electionshttps://www.ft.com/content/36e737a9-ae48-4ff8-8e6c-88f54344b372Abu Dhabi plans $6bn culture spend to diversify from oilhttps://www.ft.com/content/c0ae0344-280b-40f0-a67f-7edc24033caf?Jeff Bezos to go to space after stepping down at Amazonhttps://www.ft.com/content/defbe912-ceb9-4017-a215-16d214484597 See acast.com/privacy for privacy and opt-out information.
How do you make the most of your money? Simeon Kerr is a cpa and will be discussing tax issues. Chris Daley www.Digital2Grow.com C O N T A C T: www.JamaicanDiaspora.com SUPPORT: Paypal: https://www.paypal.me/JamaicanDiaspora Patreon: https://www.patreon.com/JamaicanDiaspora Shirts: https://teespring.com/stores/Jamaican... Books: http://www.lulu.com/spotlight/jamaica... Social Media: ►Instagram: https://www.instagram.com/jamaicandia... ►Twitter: https://twitter.com/JamaicanDiaspor --- Support this podcast: https://anchor.fm/jamaican-diaspora/support
The November sentencing of British academic Matthew Hedges to life in prison for spying caused a rare public spat between the UK and UAE and although he was subsequently pardoned it has led UK and US institutions to reassess their links to oil-rich Gulf states, say Andrew England and Simeon Kerr. Does foreign funding influence research on the region and damage the reputation of institutions or enhance academic ties? See acast.com/privacy for privacy and opt-out information.
Under the stewardship of its young crown prince Mohammed bin Salman, Saudi Arabia has sought to turn around its oil-dependent economy, say Andrew England and Simeon Kerr. Yet the killing of journalist Jamal Khashoggi has made the task of reshaping the kingdom’s economy by attracting overseas money much harder. Produced by Harry Robertson See acast.com/privacy for privacy and opt-out information.
Almost a year after four Arab states imposed a blockade on Qatar, the Gulf nation is spending hundreds of billions on infrastructure to boost its economy. From Doha, the FT’s Simeon Kerr reports on Qatar’s economic struggles and whether the US is making matters better or worse for its strategic partner. Produced by Joshua Oliver See acast.com/privacy for privacy and opt-out information.
Some of the most powerful figures in Saudi Arabia have been arrested in a new anti-corruption crackdown, while tensions between the gulf kingdom and Iran are being felt across the region. Gideon Rachman is joined by Simeon Kerr and Erika Solomon. See acast.com/privacy for privacy and opt-out information.
Saudi Arabia has shocked the world with a wave of arrests of princes, tycoons and former ministers as part of an anti-corruption drive initiated by the Crown Prince Mohammed bin Salman. Siona Jenkins discusses the lightning crackdown with Simeon Kerr, Anjli Raval and Arash Massoudi See acast.com/privacy for privacy and opt-out information.
Companies with business ties to Arab Gulf states have found themselves in an uncomfortable position as a result of a trade boycott of Qatar by four regional Arab states, including Saudi Arabia and the UAE. Now it appears that global banks are feeling the impact. Caroline Binham asks the FT's Gulf correspondent Simeon Kerr what's going on. Music by Kevin MacLeod. See acast.com/privacy for privacy and opt-out information.
Donald Trump reset US relations with the Sunni Arab world during a foreign trip that included visits to Saudi Arabia and Israel. But how much has the substance of US policy towards the Middle East changed? The FT's Ben Hall discusses the issue with deputy editor Roula Khalaf, Gulf correspondent Simeon Kerr and Jerusalem bureau chief John Reed. See acast.com/privacy for privacy and opt-out information.
Saudi Arabia's sovereign wealth fund is investing $65bn in foreign asset managers as part of a plan to diversify the economy away from oil. Nearly a third of that will be put into a fund run by Blackstone to invest in US infrastucture. Andrew England discusses the move with Simeon Kerr, FT Gulf correspondent, and Arash Massoudi, M&A correspondent. See acast.com/privacy for privacy and opt-out information.
Saudi Arabia is planning its first international sovereign bond issue this year, with a $15bn sale that has generated huge interest from Asian investors. John Murray Brown asks Simeon Kerr, the FT's Gulf correspondent, and Elaine Moore, capital markets correspondent what's behind the Saudi move and why Asian investors are so enthusiastic. See acast.com/privacy for privacy and opt-out information.
British expats and others from Dubai to New York voice their feelings about the EU referendum results. Visit FT.com/Brexit for more. Contributions from Patrick McGee in Frankfurt, Adam Thomson in Paris, Simeon Kerr in Dubai and Gregory Bobillot in New York. Additional clips courtesy of Reuters. See acast.com/privacy for privacy and opt-out information.
Uber has just received a $3.5bn investment from Saudi Arabia’s sovereign wealth fund, making it the best backed start-up in the world. Ravi Mattu asks Leslie Hook, the FT's San Francisco correspondent, and Simeon Kerr, Gulf correspondent, what the investment means for Saudi Arabia and for Uber's ambitions. See acast.com/privacy for privacy and opt-out information.
Saudi Arabia's deputy crown prince Mohammed bin Salman has shaken up expectations about the world's biggest oil exporter. MbS, as he's known, plans to wean the kingdom off oil and boost the private sector, slashing unemployment along the way. Ben Hall discusses the kingdom's ambitious reform plans with Anjli Raval and Simeon Kerr. See acast.com/privacy for privacy and opt-out information.
Saudi Arabia's deputy crown prince Mohammed bin Salman has shaken up expectations about the world's biggest oil exporter with his ambitious plans to wean the kingdom off its dependence on hydrocarbons. Ben Hall talks to the FT's oil correspondent Anjli Raval and Gulf correspondent Simeon Kerr about the proposed reforms. See acast.com/privacy for privacy and opt-out information.
Saudi Arabia is considering borrowing money on the local market in order to fund a growing budget deficit caused by the drop in oil prices and its expensive war in Yemen. Fiona Symon talks to Simeon Kerr, FT Gulf correspondent, about the kingdom's options. See acast.com/privacy for privacy and opt-out information.
Allegations that Qatar won its bid to host the 2022 World Cup through bribery have led to calls for the Gulf emirate to be stripped of its right to host the competition - especially after the corruption scandal at football's governing body Fifa erupted last month. Fiona Symon discusses Qatar’s response with Simeon Kerr, the FT’s Gulf correspondent. See acast.com/privacy for privacy and opt-out information.
Yemen is sliding towards a civil war that threatens to embroil regional powers after a Shia rebel movement took control of the capital and the country’s third largest city in a bid to unseat the elected Sunni president Abd-Rabbu Hadi. Fiona Symon talks to FT Gulf correspondent Simeon Kerr about the conflict. See acast.com/privacy for privacy and opt-out information.
Saudi Arabia's new monarch King Salman takes over at a time of unprecedented challenges in the shape of regional chaos as well as a sharply falling oil price. Gideon Rachman is joined by Roula Khalaf and Simeon Kerr to discuss how stable the kingdom is. See acast.com/privacy for privacy and opt-out information.
Qatar has been under pressure from fellow Arab Gulf states over its alleged support for Egypt's opposition Muslim Brotherhood, but according to Bahrain's foreign minister, it has now agreed to back the Egyptian government and curb the critical output of Al Jazeera - the TV network that once revolutionised the region's media with its fiercely independent voice. Simeon Kerr spoke to Sheikh Khalid Al Khalifa about the deal. See acast.com/privacy for privacy and opt-out information.
In this week's show: Japan - the aftermath of the quake and the desperate efforts to avert a meltdown at nuclear plant Fukushima, with Mure Dickie and Stefan Wagstyl, and the continuing unrest in the Middle East with David Gardner, Robin Wigglesworth and Simeon Kerr. Presented by James Blitz. Produced by LJ Filotrani See acast.com/privacy for privacy and opt-out information.
FT gulf correspondent Simeon Kerr reports from Dubai on the murder of Hamas official Mahmoud al-Mabhouh See acast.com/privacy for privacy and opt-out information.
Simeon Kerr reports from Dubai on investors' reaction to default fears at Dubai World See acast.com/privacy for privacy and opt-out information.