Commenting on Israel-Hamas is tricky for businesses
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 24 October 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
The EU’s top diplomat called on Monday for a pause in hostilities in order to allow aid deliveries into Gaza, and Argentine bonds tumbled after Sunday’s presidential election. Plus, the FT’s Anjli Raval explains why companies are struggling when it comes to weighing in on the Israel-Hamas war.
Mentioned in this podcast:
Argentina’s economy minister Sergio Massa seeks broad coalition after first-round election win
Business in a bind over messaging on Israel-Hamas war
EU’s top diplomat urges ‘humanitarian pause’ in Israel-Hamas war
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, 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
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Transcript
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| 0:00.0 | Good morning from the Financial Times. Today is Tuesday, October 24th, and this is your |
| 0:07.0 | FT News briefing. Humanitarian aid is making its way into Gaza, but slowly, and Argentina's new presidential front runner |
| 0:16.4 | has investors worried. |
| 0:18.4 | I think there is a real risk if Masa continues these policies of boosting spending that inflation could spiral out of control. |
| 0:27.2 | Plus it's a tough balancing act when it comes to commenting on the war between Israel and Hamas, |
| 0:33.2 | and companies are finding that they can't please everyone. |
| 0:37.6 | I'm Mark Filipino, and here's the news you need to start your day. The European Union's top diplomat is calling for a pause in the violence between Israel and Hamas. |
| 0:58.6 | The EU's High Representative for Foreign Policy, Joseph Burrell, said on Monday that humanitarian aid needs to get |
| 1:05.0 | through to people living in Gaza and he said a break in the violence would allow |
| 1:08.4 | that to happen and give Hamas an opportunity to release more of the |
| 1:12.2 | hostages that it's taken. |
| 1:13.7 | Israel has been bombing Gaza since Hamas's brutal attack earlier this month. |
| 1:18.3 | It also cut off electricity and has restricted water and food supplies. |
| 1:23.0 | A UN representative said that a third aid convoy entered Gaza yesterday, |
| 1:28.0 | 20 trucks with food, water, and medicine, |
| 1:30.5 | but that's just a drop in the bucket compared to what was coming into the territory |
| 1:34.7 | before the siege and eight officials say that conditions there remain catastrophic. There was a lot of movement in Argentina's bond market yesterday. The price of the country's |
| 1:51.2 | benchmarked 2035 dollar bonds fell 12.5% before recovering some of their losses. |
| 1:58.0 | Investors got jittery after Sunday's close presidential election, Perrinist Sergio Masa and Libertarian |
| 2:04.8 | challenger Javier Milay will head to a runoff election next month. The results |
| 2:09.9 | were a bit of a surprise, given as Economy Minister, Massa has overseen |
| 2:14.9 | triple-digit inflation and growing poverty. The F.T's Latin America editor Michael |
... |
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