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FT News Briefing

Europe eases lockdowns for holidays, G20 on Covid-19 vaccines, China’s crackdown on misconduct

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.41.3K Ratings

🗓️ 23 November 2020

⏱️ 8 minutes

🧾️ Download transcript

Summary

European policymakers are preparing to relax Covid-19 lockdowns and “save Christmas”, G20 leaders pledged to “spare no effort” to ensure global access to Covid-19 vaccines, and Beijing has warned it will show “zero tolerance” for financial misconduct after several high-profile bond defaults by state-owned companies. Plus, the FT’s Peggy Hollinger explains how investors are handling Brexit. 


European nations plan cautious easing of lockdowns for Christmas

https://www.ft.com/content/5068cfce-a2fa-4d85-9078-d1a1cd89c316


G20 leaders pledge to ensure global access to Covid vaccines

https://www.ft.com/content/5f5e5a8c-1b94-438f-8f10-212126883e6c


Beijing promises crackdown on misconduct after bond defaults

ft.com/content/21af2731-0042-458c-9651-365459fa1e74?


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Transcript

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0:00.0

Good morning from the Financial Times.

0:02.0

Today is Monday, November 23rd.

0:04.0

This is your FT news briefing.

0:08.0

As the holidays approach,

0:10.0

European countries are trying to learn from their mistakes when it comes to easing coronavirus

0:14.4

lockdowns.

0:15.4

G20 leaders want to make COVID-19 vaccines as cheap and accessible as possible, and China

0:21.0

is keeping a close eye on financial activity after a string of bond defaults by state-owned companies.

0:27.0

Plus, how are investors handling their assets in the middle of all these Brexit talks?

0:32.0

We'll explain how it's been a bit of a wait and

0:33.9

see game. I'm Mark Filipino and here's the news you need to start your day.

0:41.2

COVID-19 lockdowns across Europe are producing results.

0:45.0

The Financial Times has been looking at data and it shows new infections have slowed in most European countries since

0:51.0

lockdowns went into place at the end of October.

0:54.0

And European policy makers don't want to undo the progress they've made.

0:57.8

They saw how bad that went when they did a full-scale relaxation of lockdowns over the summer.

1:02.8

But leaders also know that the holidays are right around the corner.

1:06.2

And not only do people want to celebrate with their families,

1:08.6

but businesses also want to reopen for customers.

1:12.0

So European nations are trying to come up with a compromise,

1:14.9

ease lockdowns without ending them entirely. Lockdowns in the UK, France and Ireland expire in early

1:21.3

December. These countries have signal they'll let up on

...

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