Johnson and Von der Leyen to meet on Brexit, Uber abandons plans for its own self-driving car, China’s overseas lending
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 8 December 2020
⏱️ 11 minutes
🧾️ Download transcript
Summary
Boris Johnson is to travel to Brussels for make-or-break talks on a UK-EU trade deal, Uber will swap its self-driving car operations for a minority stake in Aurora, and China has drastically curtailed the overseas lending programme of its two largest policy banks. Plus, the FT’s Guy Chazan explains why there is so much at stake for Europe and German chancellor Angela Merkel during this week’s EU summit.
Johnson to go to Brussels in search of way out of Brexit stalemate
https://www.ft.com/content/0317430c-015c-4848-8689-8ec4066dad52?
Uber abandons effort to develop own self-driving vehicle
https://www.ft.com/content/e55ce767-0ede-4096-aa3b-1d26671f3772?
China curtails overseas lending in face of geopolitical backlash
ft.com/content/1cb3e33b-e2c2-4743-ae41-d3fffffa4259?
Angela Merkel faces final challenge at EU summit
https://www.ft.com/content/58866070-51df-4386-be3f-58738a23996c?
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:01.7 | Today is Tuesday, December 8th, |
| 0:04.0 | and this is your FT news briefing. |
| 0:08.9 | Boris Johnson heads to Brussels with Trade Deal Talks in a deadlock. |
| 0:13.0 | Uber is ditching plans to develop its own self-driving car, |
| 0:16.0 | and China has curbed its overseas lending in a serious way. |
| 0:20.0 | Plus, there's a tonne at stake for Europe during the EU summit later this week, but |
| 0:25.8 | Angala Merkel has a lot of skin in the game too. |
| 0:28.9 | We'll explain why. |
| 0:30.2 | I'm Mark Filipino, and here's the news you need to start your day. |
| 0:34.0 | Brexit talks continued on Monday with very few developments and it caused |
| 0:44.8 | investors in Sterling to lose confidence. The pound was down more than a half a |
| 0:49.1 | percent against the dollar yesterday afternoon. But there were two bits of important news. UK Prime Minister Boris |
| 0:55.2 | Johnson and European Commission President Ursula von der Leyen said they're going to meet |
| 0:59.2 | in Brussels soon. And Johnson scrapped the law-breaking clauses from the UK's Internal Market Bill. |
| 1:05.8 | Here with me now is the F.T.'s EU correspondent Jim Brunston to break these two things down. |
| 1:10.0 | Jim, why is the meeting between Johnson and Vander Lyon a notable development? |
| 1:15.2 | It's quite a striking development. It basically means that talks are now shifting to the highest political |
| 1:20.3 | level. So we've had months and months of Michelle Barnier that he used chief |
| 1:24.2 | negotiator negotiating with his UK counterpart David Frost, but that now seems to be |
| 1:29.7 | more or less at an end. And effectively Boris Johnson and Ursce von der Leyen are going to take over that negotiation |
| 1:35.5 | and try and hammer out a deal while he's in Brussels. The issue there a bit is that there's so much still |
... |
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