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FT News Briefing

Biden tells Netanyahu he supports a ceasefire in the Israel-Gaza conflict

FT News Briefing

Forhecz Topher

News, Unknown, News & Politics, Daily News

4.41.2K Ratings

🗓️ 18 May 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

US President Joe Biden yesterday expressed support for a Israel-Gaza ceasefire in a call with Israel’s Prime Minister Netanyahu, and today EU foreign ministers will meet to discuss the conflict, and a biotech company developing medicines that mimic the painkilling effects of cannabis is set to list in London this week. Plus, the FT’s South China correspondent, Primrose Riordan, explains why activists are calling BlackRock “inconsistent” in its ESG commitments. 


Biden backs ceasefire in Israel-Palestinian conflict

https://www.ft.com/content/d388d8b4-94ce-49d1-b8ab-df171286fdad


Europeans hamstrung by rifts on Gaza conflict

https://www.ft.com/content/6c42bcb1-7013-4b74-8526-35ef7fae6f5d?


Start-up focused on painkilling effects of cannabis to list in London

https://www.ft.com/content/2952b9c9-f14a-4300-b1ac-d6c6bf5f8c8f?


BlackRock accused of ESG inconsistency over Indonesia palm oil

https://www.ft.com/content/479b9dd2-c738-4310-8b1e-afdfbd3921b0



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Transcript

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0:00.0

Good morning from the Financial Times. Today is Tuesday, May 18th, and this is your FT news briefing.

0:08.8

US President Joe Biden said he supports a ceasefire in the Israel Gaza conflict,

0:13.8

meanwhile Europe is divided over what to do. For many many years they have been at the vanguard

0:19.5

of the idea of a two-state solution, but for many European diplomats that feels probably as far

0:25.2

away as it's been for a very long time. We'll talk with our foreign policy

0:29.6

correspondence about how the EU and the US are handling this crisis. Also BlackRock has investments

0:35.8

in an Indonesian palm oil company, and that has critics accusing the world's largest asset manager

0:41.5

of being inconsistent in its environmental promises. I'm Mark Filipino, here's the news you need

0:48.0

to start your day. The bombing between the Palestinian militant group Hamas and Israel has

0:59.1

stretched into a second week. Later on Monday, US President Joe Biden spoke to Israeli Prime Minister

1:04.9

Benjamin Netanyahu and said he supports a ceasefire. This is an important shift in the US

1:11.0

approach to the conflict. The FT's US foreign policy correspondent Katrina Manson has more details.

1:17.0

Well, it's interesting. It was reported from the White House. This is the readout of his call

1:23.6

with Israeli Prime Minister Benjamin Netanyahu, and in that it says the President expressed his

1:29.1

support for a ceasefire and discussed US engagement with Egypt and other partners towards that end.

1:34.9

So it's really the first time that we've heard in public that Biden supports a ceasefire.

1:40.2

This is a word that he has been avoiding instead talking about de-escalation and calm.

1:47.3

So it is significant that we've now heard him calling for a ceasefire in a conversation

1:53.9

with his Israeli counterpart, and that does, I think, count as a ratcheting up of very limited

2:01.7

US pressure on Israel to explain that is his position. And he's waited quite a long time to

2:10.3

make that call. Yeah, and Katrina, not to jump in, but why did it take so long for Biden to do this?

2:17.6

Biden simply doesn't want to be a Middle East foreign policy president. He has other foreign

...

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