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Hi there, Mark here. Just a heads up that this show was recorded before UK Prime Minister

Boris Johnson announced his resignation. We'll be all over that story tomorrow.

Until then, enjoy the show.

Good morning from the Financial Times. Today is Thursday, July 7th.

And this is your FT News Briefing.

The US Supreme Court ruling on environmental protections could also diminish the power of other

regulators. In China, college students with Marxism degrees are finding themselves in hot

demand. A lot of Chinese private enterprises, they are very keen to engage with the government.

So, Marxism graduate students are very well placed to help these private companies.

But first, the upheaval in British politics. I'm Mark Filipino and here's the news you need to

start your day. The storm clouds over Boris Johnson continue to gather, along with calls for him

to quit. He and opposition leader Kier Starmer went head-to-head in the House of Commons yesterday.

And he's only in power because he's been propped up for months by a corrupted party defending

the indifference. This is bigger than the difference between this government and that

opposition if we have a plan and they do not. But later in the day, Johnson met with members of

his own cabinet who also urged him to resign. Johnson said though he's not going anywhere.

In the British pound, hasn't gone anywhere either. Despite all the turmoil,

currency traders seem unfazed by all the drama. To find out more, I'm joined by our markets editor

Katie Martin. Hey Katie. Hey, how you doing? I'm doing well. So, what's going on here?

Why is Sterling barely moved since ministers and Johnson's government began quitting in mass on Tuesday?

...