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🗓️ 2 June 2021
⏱️ 11 minutes
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Former Apollo Global Management chief executive, Leon Black, has been hit with a lawsuit claiming that he raped and harassed a young Russian model, Opec and its allies caused oil markets to jump by sticking with their plan to only gradually release more barrels into the oil market, and Germany’s Green Party is struggling to maintain momentum as a September election approaches. Plus, Djibouti is one of Africa’s fastest growing economies. The FT’s east and central Africa correspondent, Andres Schipani, explains what is happening there.
Ex-Apollo CEO Leon Black raped and harassed Russian model, lawsuit alleges
https://www.ft.com/content/72244917-3208-43ab-b076-513c9fc058ee
Oil prices rally as Opec+ producers agree slow supply increase
https://www.ft.com/content/e74a09b0-9ce3-46f0-95b9-5fa7f0792dce
Germany’s Greens lose their lustre as election heats up
https://www.ft.com/content/5c477906-c15c-4de9-bcf7-6cdbe5eb413d?
Djibouti’s port dream to become the ‘Singapore of Africa’
https://www.ft.com/content/15aefce3-2e6b-4e1a-b480-bfc066f7d8dd
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0:00.0 | Good morning from the Financial Times. Today is Wednesday, June 2nd, and this is your FT news briefing. |
0:09.0 | The former head of Apollo Global Management, Leon Black, is being sued for rape and harassment. |
0:14.6 | And oil prices are up as OPEC continues to gradually release more crude into the market. |
0:20.1 | We'll look at why Germans have fallen a little out of love with their country's green party, |
0:24.3 | plus the African nation of Djibouti wants to be the new Singapore. |
0:28.4 | Djibouti's main asset is its location. This is a choke point where about a third of the world's |
0:34.9 | maritime trade passes through, so both location and stability. |
0:39.6 | I'm Mark Filipino, and here's the news you need to start your day. |
0:49.2 | A lawsuit is claiming that Leon Black, the former chief of Apollo Global Management, |
0:53.6 | raped and sexually harassed a Russian model. The complaint was filed yesterday and alleges |
0:58.5 | Black then manipulated the woman with promises of money and sham job interviews at Goldman Sachs. |
1:04.3 | The lawsuit comes weeks after Black stepped down as Apollo CEO amid scrutiny of his ties to the late |
1:09.8 | pedophile Jeffrey Epstein. A spokesperson for Black said his relationship with the Russian woman |
1:14.8 | was holy consensual and called the lawsuit nothing more than wholesale fiction. |
1:24.7 | We've been talking about a future where there's less demand for oil. But for now, oil prices are |
1:30.5 | up on expectations of more demand. Yesterday, Brent crude reached its highest price since the |
1:36.0 | beginning of the pandemic. This was after OPEC and its allies agreed to stick to a plan of |
1:40.7 | gradually releasing more barrels into the market. Here's our senior energy correspondent, |
1:45.5 | Angelie Revall. Markets at the moment are focused on the recovery post COVID, and this is largely |
1:56.1 | a short term sort of focus that people are having. Angelie posed a long-term question to Saudi |
2:02.3 | Arabia's oil minister at yesterday's OPEC press conference. She asked him what he thought of |
2:07.4 | the International Energy Agency's warning about the need to restrict investment in new oil |
... |
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