Biden in the Middle East
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 13 July 2022
⏱️ 9 minutes
🧾️ Download transcript
Summary
US president Joe Biden is set to meet with Saudi Crown Prince Mohammed bin Salman, the biggest US banks report earnings this week and are expected to show bumper profits from lending, and EU officials fear criminal groups are smuggling weapons out of Ukraine and on to Europe’s black markets.
Mentioned in this podcast:
US banks set for lending earnings boost as Fed lifts rates
Joe Biden seeks reset on Saudi Arabia as oil tensions flare
Nato and EU sound alarm over risk of Ukraine weapons smuggling
FT Global Survey: www.ft.com/2022survey
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. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk. |
| 0:09.8 | Good morning from the Financial Times. Today is Wednesday, July 13th. |
| 0:13.4 | And this is your FT News Briefing. |
| 0:18.5 | The latest US inflation numbers are due out today. |
| 0:21.4 | Top US banks report earnings later in the week. |
| 0:24.8 | And US President Joe Biden will visit Saudi Arabia. |
| 0:27.8 | A country he's criticized for human rights violations. |
| 0:31.0 | The invasion of Ukraine and oil prices has kind of forced him to, you know, |
| 0:36.4 | reconsider that position and pursue more realist foreign policy. |
| 0:40.9 | Plus, European leaders are starting to worry that all those weapons they sent to Ukraine |
| 0:45.5 | could end up on the black market. |
| 0:47.5 | A Mark Filipino, and here's the news you need to start your day. |
| 0:50.4 | US President Joe Biden heads to the Middle East today. |
| 0:58.1 | He'll meet with Israeli and Palestinian leaders first. |
| 1:01.4 | But the bigger focus is on his stop later in the week in Saudi Arabia. |
| 1:05.4 | He wants help lowering oil prices. |
| 1:07.4 | It's become a political liability for him back home. |
| 1:10.3 | Here's our US Foreign Affairs correspondent Felicia Schwartz. |
| 1:13.7 | He is hoping to convince the Saudis and other Gulf countries more broadly, |
| 1:19.5 | but Saudi is, of course, the head of OPEC to pump more oil because gas prices are so high. |
| 1:28.4 | There might not be some huge announcement at the summit on that front, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.