Far right makes big gains in Europe
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 10 June 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
Far right parties make significant gains in the European Union elections, opposition politician Benny Gantz has resigned from Israel’s emergency government, and Iranian authorities have disqualified prominent moderates as candidates in the snap presidential election. Plus, global investors are turning their backs on sustainability-focused stock funds.
Mentioned in this podcast:
Far-right parties make significant gains in European parliament elections
Investors pull cash from ESG funds as performance lags
Iran promotes hardliners as presidential candidates
Benny Gantz resigns from Israel government over Gaza
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Denise Guerra, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prarkiti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | At equinore. UK. Good morning from the Financial Times. Today is Monday, June 10th, and this is your |
| 0:17.8 | F.T. News briefing. We're going to talk a lot about elections today. |
| 0:23.6 | First, in the European Union, voting for Parliament there just wrapped up yesterday, |
| 0:28.3 | and then over to Israel, where a major resignation has upended Prime Minister Benjamin Netanyahu's coalition government. |
| 0:35.4 | But that's not it. We're also going to take a look at the state of green investing. |
| 0:41.0 | Since the beginning of the year about 40 billion of cash has flowed out of |
| 0:46.2 | ESG sustainable funds around the world. I'm Kasha Brussalian and here's the |
| 0:51.5 | news you need to start your day. Voters in the EU hit the ballot box over the last few days and the message was pretty clear. The block is shifting to the right. |
| 1:14.8 | Initial results are showing that far right parties made crucial gains in |
| 1:19.5 | Parliament. That'll influence everything from immigration to green policies. |
| 1:24.0 | Here to talk to me about it is the F.T.'s EU correspondent Andy Bounds. |
| 1:28.0 | Hey Andy. |
| 1:29.0 | Hello. |
| 1:30.0 | Okay, so let's talk geography first. |
| 1:32.0 | When it comes to this early tally of votes, where was the |
| 1:35.9 | swing to the right the most pronounced? |
| 1:38.7 | Well the first results we got included Germany, where the far right group alternative for Germany had performed very well. |
| 1:45.6 | They came second in the election, they recorded their best results ever. |
| 1:50.2 | And then we had results from France, which were incredible in many ways. |
| 1:54.6 | The Rassamblon National, which is the far-right group of Maureen Le Pen, |
... |
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