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FT News Briefing

Democrats probe post office, Italy’s economy shows signs of life, chocolate sales slump

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 17 August 2020

⏱️ 10 minutes

🧾️ Download transcript

Summary

Senior Democrats have called the US postmaster general to testify before Congress amid election fears, pharmaceutical group CureVac has ruled out selling a vaccine at cost, and Italy's businesses enjoy a better than expected rebound from coronavirus. Plus, the FT’s Emiko Terazono on why the decline of travel is bad for the chocolate industry. 


Further reading:

Democrats call postal chief to testify in US mail voting row

https://www.ft.com/content/c0128915-ad28-4699-9d5b-9b0a65acaf2b


CureVac vows ‘ethical margin’ on price of Covid-19 vaccine

https://www.ft.com/content/83a418eb-96ae-4b71-b640-6873f315921f


Italy’s businesses enjoy ‘better than expected’ virus rebound

https://www.ft.com/content/73a36f20-bbd4-4d99-a1e9-685788cb9cd9


Choc waves: how coronavirus shook the cocoa market

https://www.ft.com/content/37aa0ac8-e879-4dc2-b751-3eb862b12276


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Transcript

Click on a timestamp to play from that location

0:00.0

Good morning from the Financial Times. Today is Monday August 17th and this is your

0:06.0

FT news briefing. Democrats have serious questions for the US Postmaster

0:12.2

General. A vaccine maker argues for what it

0:15.2

calls an ethical margin. And only months after it was Europe's COVID-19 epicenter,

0:20.8

Italy's economy shows signs of life. Plus with most fun

0:25.5

cancelled you'd think chocolate makers would be doing great. What's gone wrong? I'm

0:30.1

Dan Bob Coff in for Mark Filipino and here's the news you need to start your day.

0:40.2

The United States Postal Service issued a dire warning last week, saying that mail-in ballots might not arrive in time to be counted on election day.

0:49.0

That has senior Democrats saying changes at the post office are jeopardizing the November 3rd elections.

0:55.2

Nancy Pelosi, the Speaker of the House, and Chuck Schumer, the Senate Minority Leader,

1:00.4

won Postmaster General Lewis De Joy to testify before Congress, calling him, quote,

1:05.8

an accomplice in the President's campaign to cheat in the election.

1:10.0

Lawmakers claim changes at the post office are slowing down the mail.

1:14.0

Since Mr. Dejoy assumed the post in June, he has been criticized for dismantling mail sorting

1:19.4

machines, cutting overtime, and removing postboxes.

1:23.6

Some Democrats have called for his resignation.

1:26.4

Ms Pelosi plans to call the House back early from its August recess for hearings on the

1:31.3

post office issues.

1:33.0

Meanwhile, White House Chief of Staff Mark Meadows accused Democrats of trying to quote,

1:38.0

stoke fear.

1:39.0

But President Donald Trump, down in the latest polls,

1:42.0

has been aggressively trying to so doubt about

...

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