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FT News Briefing

Friday, February 15

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.41.3K Ratings

🗓️ 15 February 2019

⏱️ 9 minutes

🧾️ Download transcript

Summary

The US government will be funded, but the president plans to declare a national emergency in order to build his wall along the US-Mexico border, US chipmaker Nvidia provides a better than expected outlook despite slower China demand and Prime Minister Theresa May suffers yet another defeat on her Brexit plans in the House of Commons. Plus, as Amazon announces it won't build its second headquarters in New York City, the FT's Lindsay Fortado, a Queens resident, takes us to the neighbourhood to hear how the locals feel about the decision.

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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.

0:11.0

From the newsroom of the Financial Times. Today is Friday

0:13.6

February 15th and this is your FT news briefing. Today the US government will be

0:19.2

funded but the president plans to declare a national emergency in order to build his wall along the US-Mexico border.

0:26.0

U.S. Chipmaker and Vidia gives a better outlook than expected,

0:30.0

and Prime Minister Theresa May suffers yet another defeat on her Brexit plans in the House of Commons.

0:36.0

Then, as Amazon announces it won't build its second headquarters in New York City,

0:41.0

the F.T.'s Lindsay Fertato, a Queen's resident, takes us to the neighborhood

0:45.1

to hear how the locals feel about the decision. I'm Eric Krupky and here's the news you need

0:49.8

to start your day.

0:53.0

On Thursday, U.S. President Donald Trump said he would sign a spending bill to keep the

0:57.1

government open.

0:58.7

But the President also said he plans to declare a national emergency to bypass Congress and secure funds for his

1:04.8

wall along the US-Mexico border. The decision prevents a government shutdown that

1:09.6

would have taken effect on Friday. The bill he's signing provided some funds for a border

1:14.3

barrier but not the full amount Mr. Trump wanted. Declaring a national emergency to

1:19.2

build a border wall takes the. into uncharted territory.

1:23.0

Multiple high-ranking Republican lawmakers have warned Mr. Trump against declaring a national

1:27.7

emergency, and it sets the President's administration up for a legal battle. Critics say it would be unconstitutional to

1:34.8

declare a crisis at the border, given that the situation there appears to be

...

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