Israel marks one year after October 7
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 7 October 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
A new report forecasts that Donald Trump would raise the US debt by twice as much as Kamala Harris, and Elon Musk’s SpaceX is quietly opening up a new front in a global battle over a scarce and precious resource: radio spectrum. Plus, US partners at accounting firm EY have been told their pay for 2024 will be deferred, and a year after the October 7 attacks, international criticism of the Gaza war has led many Israelis to retreat inwards.
Mentioned in this podcast:
Donald Trump would raise the US debt by twice as much as Kamala Harris, report finds
EY to hold back some pay from US partners after tough year
The satellite spectrum battle that could shape the new space economy
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. 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. |
| 0:11.0 | Good morning from the Financial Times. Today is Monday, October 7th, and this is your |
| 0:18.0 | F.T. news briefing. The outcome of the U.S. presidential election might have a big impact on the country's debt. |
| 0:26.0 | And Israel marks one year since Hamas launched its devastating attacks. |
| 0:31.0 | Plus, the world's richest man is trying to tinker with the rules governing satellites. |
| 0:37.0 | E. |
| 0:38.0 | Enon Musk now has more than 6,000 satellites in low Earth orbit, |
| 0:42.0 | and he's saying, look look these rules limit the capacity |
| 0:45.2 | that I can actually offer my customers. I'm Kasha Brussalian and here's the |
| 0:49.8 | news you need to start your day. A new report predicts that Donald Trump would increase the federal debt by about twice as much as |
| 1:06.8 | Kamala Harris. |
| 1:08.5 | The analysis comes from the Committee for a responsible federal budget, |
| 1:12.5 | and it forecasts that under Trump, |
| 1:14.7 | debt would balloon by $7.5 trillion over the next decade or so. |
| 1:19.4 | That's compared to $3.5 trillion for Harris. And the difference is in some of their economic policies. |
| 1:26.2 | Trump wants to lower taxes and increase tariffs on imported goods. |
| 1:30.7 | Meanwhile, Harris plans to expand tax credits for small businesses and invest more in |
| 1:36.0 | child care and housing, but she also plans to increase corporate taxes. It's now been a year since Hamas stormed across Gaza's border with Israel and terrorized people. In the days and weeks after the attack, |
| 1:55.4 | Israelis received an outpouring of compassion and support. But as the death toll in |
| 2:01.1 | Gaza gets higher, international criticism has hardened, and many Israelis |
... |
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