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FT News Briefing

Friday, June 21

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.41.3K Ratings

🗓️ 21 June 2019

⏱️ 9 minutes

🧾️ Download transcript

Summary

President Donald Trump played down the significance of Iran shooting down a US drone over the Gulf, saying he found it “hard to believe” the move was intentional; Slack lands on Wall Street with a $20bn valuation and Boris Johnson will face Jeremy Hunt in the UK Conservative party leadership race. Plus, Judith Evans, the FT’s property correspondent, explains why the global real estate boom could be drawing to a close.

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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.

0:12.7

Today is Friday, June 21st, and this is your FT news briefing.

0:18.0

Oil prices jumped on Thursday after Iran shot down a US drone.

0:24.4

Slack makes its stock market debut,

0:27.0

and Jeremy Hunt will face off against Boris Johnson

0:30.4

in the race to be the UK's next Prime Minister.

0:33.0

Plus, the FT's Judith Evans

0:36.0

explains why the global real estate boom

0:38.0

could be drawing to a close.

0:40.0

I'm Mark Filipino,

0:42.0

and here's the news you need to start your day.

0:47.0

Escalating tensions between Iran and the US pushed oil prices sharply higher on Thursday.

0:55.0

Brent Crude was up 4.3% at $64.45 a barrel.

1:00.0

That's one of the biggest one day rises of the year for the international benchmark.

1:05.6

The jump came after Iran's revolutionary guard said it had shot down a U.S. drone.

1:11.1

The group said the drone had violated Iranian airspace early on Thursday local time.

1:16.1

Donald Trump rejected that assessment at the White House on Thursday.

1:20.2

This drone was in international waters clearly.

1:23.0

We have it all documented.

1:24.2

It's documented scientifically, not just words.

...

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