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FT News Briefing

Martin Wolf's summer reading list

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 9 July 2021

⏱️ 11 minutes

🧾️ Download transcript

Summary

The UK’s advertising watchdog says it will clamp down on misleading marketing for crypto investments, and stock markets dropped on Thursday on rising concerns about prospects for the global economy. Plus, the FT’s chief economics commentator, Martin Wolf, picks his top economics summer reads. 


UK advertising watchdog to crack down on misleading crypto marketing

https://www.ft.com/content/19ad9810-402d-4529-89b5-732521829548?


Markets enjoy blessed relief now the heavy storms have passed with Katie Martin, Markets Editor

https://www.ft.com/content/80717968-7714-4ed8-b73b-029f9b1e9590


Treasuries rally and stocks drop on rising economic concerns

https://www.ft.com/content/e549f4b1-f2f8-4213-8f04-679f89286c31


Summer books of 2021: Economics with Martin Wolf, Chief Economics Commentator

https://www.ft.com/content/239f31cb-57a3-43d3-ab3d-d18d068f4994


Japan bans spectators at Olympics events in and around Tokyo

https://www.ft.com/content/af205e68-51e3-4165-b211-d22f9c3c86c8


The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Good morning from the Financial Times.

0:01.6

Today is Friday, July 9th, and this is your FT News Briefing.

0:09.1

The UK is cracking down on misleading crypto marketing.

0:12.5

In global equities, took a beating yesterday.

0:15.0

We'll talk to Katie Martin.

0:16.1

We'll explain what investors are thinking.

0:18.5

Plus, our chief economics commentator, Martin Wolf,

0:21.0

talks to me about his favorite summer economics reads.

0:24.3

I'm Mark Filipino, and here's the news you need to start your day.

0:30.0

As we've talked about on the show many, many times before,

0:38.1

crypto markets are extremely volatile.

0:41.4

And a UK watchdog wants to make sure that advertisements about Bitcoin

0:45.6

and others like it don't downplay the risks.

0:49.1

Britain's advertising standards authority told the FT that later this month

0:53.0

it would start to really crack down on misleading

0:55.6

or irresponsible crypto advertisements.

0:58.0

So now it's going to proactively scan for shady ads online

1:01.6

using tech like web scraping and artificial intelligence

1:04.9

before the watchdog largely relied on customer complaints

1:08.1

to flag problematic adverts.

1:10.2

The ASA is also working with big technology platforms

1:13.4

on a separate initiative to get scam adverts taken down.

...

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