Israel and UAE peace deal, Trump vows to block postal vote funds, China treads cautiously
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 14 August 2020
⏱️ 9 minutes
🧾️ Download transcript
Summary
Israel and the United Arab Emirates have reached a historic peace deal, Donald Trump has threatened to deprive the US post office of money needed for postal voting in November’s presidential race, and Wells Fargo’s chief compliance officer, Mike Roemer, is leaving after two years of attempting to overhaul the bank’s internal oversight operations. Plus, the FT’s Christian Shepherd explains why China is treading cautiously in the face of US sanctions.
Israel and United Arab Emirates strike historic peace accord
https://www.ft.com/content/2712a625-e2d4-41f3-9ef1-536d0700cbb8
Donald Trump vows to block funding for US postal voting
https://www.ft.com/content/29dedf1b-a86e-4158-a41b-21bfe88585af
Wells Fargo’s chief compliance officer quits in risk overhaul
https://www.ft.com/content/ffeb7a3b-6908-4ea5-a848-841bad14297b
China treads cautiously in the face of US sanctions
https://www.ft.com/content/4084b0fb-6dc0-4090-a778-3e15694cfa1d
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:02.0 | Today is Friday, August 14th, |
| 0:04.6 | and this is your FT news briefing. |
| 0:07.4 | A historic peace deal in the Middle East. |
| 0:11.6 | Donald Trump is trying to make it more difficult for Americans to vote by mail in this year's |
| 0:15.7 | presidential election, and a troubled bank loses a chief compliance officer. |
| 0:21.8 | Plus, Washington keeps going after a.S. based Chinese companies, and hitting Beijing with sanctions. |
| 0:28.7 | Why isn't China doing more to retaliate? |
| 0:31.6 | I'm Mark Filipino. Here's the news you need to start your day. |
| 0:35.0 | Until this week Israel only had established diplomatic ties with two Arab states, Egypt and Jordan. |
| 0:47.0 | But that changed on Thursday, when Israel and the United Arab Emirates normalized diplomatic relations. The two countries made the |
| 0:54.5 | announcement in a joint statement with the United States. The US says it brokered |
| 0:58.8 | the deal. But Palestinian leadership rejected what it called a surprising announcement and an assault on the Palestinian people. |
| 1:07.3 | Even with the disapproval from Palestinian leadership, |
| 1:10.4 | our Middle East editor Andrew England said that this is a big win for |
| 1:14.2 | Israel's and the US's top leaders. |
| 1:16.5 | So this is a big move for Benjamin Netanyahu, the Israeli Prime Minister who has made |
| 1:22.1 | a big issue of improving relations with Arab states, |
| 1:25.6 | particularly the Gulf states like the UAE. And it's also important for Donald Trump |
| 1:29.3 | who's been pushing a Middle East peace plan, an Arab Israeli peace plan, |
| 1:34.0 | that most people have been highly skeptical of and accused of being very biased |
| 1:39.0 | towards Israel, but the UAE is an important staunch US ally and so Trump can actually claim that this is a success for him as his drive for a broader wider Arab Israeli peace plan. |
... |
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