China’s game-changing hypersonic technology
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 23 November 2021
⏱️ 12 minutes
🧾️ Download transcript
Summary
Read a transcript of this episode on FT.com
https://www.ft.com/content/e83a0e51-9195-4c95-8f0b-263f97794302
Joe Biden has nominated Jay Powell to serve a second term as chair of the Federal Reserve, opting for continuity as the US economy grapples with persistently high inflation and a patchy labour market recovery; China’s hypersonic weapons test in July included a technological advance that enabled it to fire a missile as it approached its target travelling at least five times the speed of sound, a capability no country has previously demonstrated and one that caught Pentagon scientists off guard.
Joe Biden nominates Jay Powell for second term as Fed chair
https://www.ft.com/content/9e9540a2-2ba8-4e0e-84d8-a1945c20453a
Chinese hypersonic weapon fired a missile over South China Sea, Pentagon struggles to understand how Beijing mastered technology
https://www.ft.com/content/a127f6de-f7b1-459e-b7ae-c14ed6a9198c
Uber to sell cannabis to customers in Canada
https://www.ft.com/content/22855150-d04c-4f43-adb1-f066c170555a
The 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.
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Transcript
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| 0:00.0 | Good morning for the Financial Times. |
| 0:03.7 | Today is Tuesday, November 23rd, |
| 0:06.2 | and this is your FT News Briefing. |
| 0:08.4 | U.S. President Joe Biden has nominated |
| 0:11.8 | Federal Reserve Chair Jay Powell for a second term. |
| 0:15.3 | Our U.S. economic editor, Colby Smith, |
| 0:17.6 | will talk about that decision. |
| 0:19.6 | And our U.S. China correspondent, Dimitri Sevastopolo, |
| 0:23.6 | will talk about his latest scoop |
| 0:25.2 | on China's hypersonic missile technology. |
| 0:27.9 | What's really interesting here is, |
| 0:29.8 | it's not clear if the U.S. |
| 0:31.8 | is able to do this kind of technology. |
| 0:35.0 | In that sense, it's almost more of a sputnik moment. |
| 0:38.0 | I'm Joanna Gal, in for Mark Philpino, |
| 0:40.5 | and here's the news you need to start your day. |
| 0:46.3 | U.S. President Joe Biden has re-nominated Jay Powell |
| 0:49.9 | for a second term as Chair of the Federal Reserve. |
| 0:53.3 | The move is a vote for continuity |
| 0:55.3 | at a delicate time for the Fed and the U.S. economy. |
| 0:59.4 | It comes despite harsh criticism |
| 1:01.2 | from progressive Democrats, |
... |
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