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FT News Briefing

Monday, October 28

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 28 October 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

Alberto Fernández defeats Mauricio Macri to become the next president of Argentina, Lloyds Banking Group failed to pass on the wills of thousands of deceased customers to their families and President Donald Trump announces that Isis Leader, Abu Bakr al-Baghdadi, was killed by US special forces. Plus, the FT’s San Francisco correspondent Patrick McGee explains how Uber is trying to become the west’s first super-app.

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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

Good morning from the newsroom of the Financial Times.

0:12.0

Today is Monday, October 28th, and this is your FT news briefing.

0:17.7

Alberto Fernandez defeats Mauricio Macri

0:20.0

to become the next president of Argentina.

0:22.8

Lloyd's banking group failed to pass on the wheels of thousands of deceased customers,

0:27.2

and on Sunday, Donald Trump revealed that U.S. Special Forces killed the leader of ISIS. Plus the FT San Francisco correspondent Patrick McGee

0:36.0

explains how Uber is trying to become the first super app in the Western world.

0:40.0

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

0:45.0

After a short hiatus, Argentina's populist Perrinist party is back in power.

0:52.0

With 88% of the ballots counted,

0:54.4

former Cabinet Chief Alberto Fernandez took nearly 48% of the vote during

0:59.1

yesterday's Argentine elections, defeating current President Maurizio Macri. Mr Macri, who was in time Mr. Fernandez sealed his position as a front runner after winning August primary elections,

1:14.5

running as the top pick to ex-president Christina Fernandez-de-Kurshner's vice president.

1:20.0

The Perrinist government has ruled Argentina for all but six of the last 30 years.

1:25.2

The new government will inherit an economy on the brink of its ninth debt default in recession

1:30.6

and with inflation at 55%.

1:35.0

Lloyd's banking group has discovered thousands of wills that hadn't been properly handled.

1:42.0

Internal documents reviewed by the F.T.

1:44.7

Show that the bank found 9,000 wills of deceased customers that had never been returned to

1:49.9

their families. But in some cases, Lloyds distributed the assets from these wills to the wrong people.

...

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