EU countries to restart AstraZeneca use, Biden's hardline on China, airline lift-off
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 19 March 2021
⏱️ 11 minutes
🧾️ Download transcript
Summary
Europe’s biggest countries are set to resume using the Oxford/AstraZeneca coronavirus vaccine after the EU drugs regulator said the jab was safe, and the US is taking a tough stance as members from the Biden administration meet with Chinese officials in Alaska. Plus, the FT’s markets editor, Katie Martin, explains why investors are reboarding airline stocks.
EU drugs regulator backs ‘safe and effective’ AstraZeneca vaccine
https://www.ft.com/content/c83944d5-ad26-415f-bf34-1eba428beeb9
US signals tough stance ahead of first meeting with China
https://www.ft.com/content/b8af8a5b-591d-4721-8a6c-4da5481f3348?
Airlines tap stock and bond markets as they prepare for surge in bookings
https://www.ft.com/content/2a4d69a9-3f3d-4e0e-8e82-6794bca1888a
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Transcript
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| 0:00.0 | Good morning from the Financial Times. Today is Friday, March 19th. This is your FT news briefing. |
| 0:08.9 | Europe is ready to use the AstraZeneca vaccine again, and the Biden administration is having |
| 0:13.8 | its first meeting with Chinese officials in Alaska. Plus, airline stocks are soaring. |
| 0:19.2 | When we're thinking about what the world will look like and we're thinking about how desperate |
| 0:22.0 | everyone is to get out of the house, you look at airlines and investors just can't get enough of them. |
| 0:27.2 | The FT's market's editor, Katie Martin, will explain what investors are thinking about when |
| 0:31.0 | it comes to life after lockdown. I'm Mark Filipino, and here's the news you need to start your day. |
| 0:40.0 | The Oxford AstraZeneca vaccine is safe and effective. |
| 0:43.1 | It's according to the European Medicines Agency, it investigated the jab after it was linked with |
| 0:47.5 | a potential risk of blood clots. The decision comes after the European Commission's president, |
| 0:52.4 | Ursula Von der Leyen, threatened to hold back exports of the vaccine as countries in the block |
| 0:56.9 | struggle to inoculate their citizens. Donato Palo Mancini covers European pharmaceuticals for |
| 1:02.4 | the FT. He says the EMA ruling clears the way for the continent to resume immunization programs |
| 1:07.6 | that were suspended over doubts concerning the vaccine. It's a voluntary resumption of vaccination, |
| 1:14.0 | but some countries, including France and Italy, have said that they would restart as soon as |
| 1:17.6 | possible, as soon as they got the verdict from the probe, as long as it was fine. So we will see |
| 1:22.0 | them restart the vaccination drive, especially because France and Italy, for example, are just now |
| 1:27.9 | entering the third wave of infection, and they need everything they can to make sure that hospitalizations |
| 1:34.1 | and deaths stay as well as possible. So, Janano, how is this all going to affect the supply |
| 1:38.7 | constraints that European countries have been experiencing? AstraZeneca has said that it would not |
| 1:43.6 | be able to meet its delivery commitments. It would actually meet only less than half of that in |
| 1:48.1 | the second quarter of the year. On Wednesday night, the UK said that it would get substantially |
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