Draghi urges EU to abandon unanimity requirement
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 4 May 2022
⏱️ 9 minutes
🧾️ Download transcript
Summary
BP recorded its highest quarterly earnings in more than a decade, Italy’s prime minister, Mario Draghi, called on Brussels to abandon the requirement for unanimity on foreign policy decisions, and Biogen’s chief executive will step down following the disastrous launch of the company’s Alzheimer’s drug.
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Mentioned in this podcast:
BP’s bumper earnings stoke new calls for windfall tax
Mario Draghi calls for an end to EU unanimity on foreign policy decisions
Biogen chief steps down after Alzheimer’s drug flops
Tiger Global slumps more than 40% in first four months of 2022
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk |
| 0:09.9 | Good morning from the Financial Times. |
| 0:11.6 | Today is Wednesday, May 4th, and this is your FT News Briefing. |
| 0:18.8 | BP reported its best quarterly earnings in more than a decade. |
| 0:22.8 | Italy's Prime Minister proposed ditching a core tenant of how the EU makes decisions, |
| 0:28.2 | plus BioGen wants to get past the disaster that was the rollout of its Alzheimer's drug. |
| 0:33.9 | It's starting with a new CEO. |
| 0:36.3 | I'm Mark Filipino and here's the news you need to start your day. |
| 0:46.8 | Energy Group BP recorded its highest quarterly earnings in more than 10 years. |
| 0:52.0 | According to a measure most closely tracked by analysts, |
| 0:54.9 | underlying profits rose to $6.2 billion in the first three months of this year. |
| 1:00.1 | That's more than double the number from a year earlier. |
| 1:03.0 | These earnings come as hydrocarbon prices are soaring and it comes despite the mammoth right |
| 1:08.0 | down from exiting its business in Russia. |
| 1:10.6 | The earnings report has also stoked some calls from British lawmakers for a windfall |
| 1:15.6 | tax on oil and gas profits to help British households offset energy costs. |
| 1:25.1 | Italy's Prime Minister Mario Draghi has called on the EU to abandon the requirement for |
| 1:32.3 | unanimity on foreign policy decisions. |
| 1:35.1 | Draghi's call comes as the block struggles to respond to security and economic challenges |
| 1:39.7 | created by Russia's invasion of Ukraine. |
| 1:42.2 | The FT's Rome correspondent Amy Kasmens' scrapping unanimity would be a momentous shift for the EU. |
... |
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