Friday, August 16

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.4 • 1.3K Ratings

🗓️ 16 August 2019

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Gibraltar releases an Iranian tanker after a court sets aside a last-minute legal bid from the US to seize the vessel and Walmart raises its outlook for the US market while government data show unexpectedly strong retail sales for July in the country. Plus, the yield on 30-year US government bonds falls below 2 per cent for the first time on Thursday, China’s paramilitary police converge in a stadium near the Hong Kong border and Israel bars two US congresswomen from entering the country. Also, the FT’s Patrick McGee tests out the Apple Card, which will be rolled out to US users later this month.

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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	Good morning from the newsroom of the Financial Times.
0:12.0	Today is Friday, August 16th. Good morning from the newsroom of the Financial Times.
0:12.6	Today is Friday, August 16th, and this is your FT news briefing.
0:18.9	Gibraltar releases an Iranian tanker at the center of a dispute between Britain and the Islamic Republic.
0:25.3	And Walmart lifts its outlook for the U.S. as government data show unexpectedly strong retail
0:30.6	sales for July.
0:32.4	Plus Apple's first step into personal finance, the Apple
0:36.1	card, will be rolled out in the US this month. The F.T.'s Patrick McGee got a
0:40.9	sneak peek at how it works. I'm Mark Filipino and here's the news
0:45.8	you need to start your day.
0:47.6	Gibraltar has finally released an Iranian tanker at the center of the dispute
0:54.7	between Britain and the Islamic Republic. In July, British commandos and police in
0:59.7	Gibraltar seized an Iranian tanker. They did so because the tanker, called Grace 1, allegedly violated EU sanctions by transporting Iranian crew to Syria.
1:10.0	Since then, tensions have been running high between London and Tehran.
1:14.9	The release of the tanker happened after a hearing at Gibraltar's Supreme Court.
1:19.4	It was complicated by a last-ditch effort by the U.S. Department of Justice to seize the ship.
1:25.0	Tehran has interpreted the ship's seizure as a sign that the UK was aligning itself more closely with the Trump administration,
1:32.0	which has been keeping a maximum pressure campaign against Iran.
1:36.0	The UK has insisted the decision to detain Grace 1 had no relation with the US.
1:45.0	Walmart raised its outlook for sales in the US,
	...

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