Monday, September 16

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.4 • 1.3K Ratings

🗓️ 16 September 2019

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Saudi Arabia faces weeks without full crude production capacity after an attack on the world’s most important oil facility, China’s formerly acquisitive companies have become net sellers of global assets this year for the first time in a decade, thousands of General Motors workers are set to strike after talks broke down over pay and healthcare benefits at the company’s US factories and Brexit secretary Steve Barclay said that Britain could stay in a standstill transition deal with the EU until the end of 2022. Plus, the FT’s Mehul Srivastava tells us what is at stake Israel’s second election of the year.

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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, September 16th. Good morning from the newsroom of the Financial Times.
0:12.6	Today is Monday, September 16th,
0:15.2	and this is your FT news briefing.
0:18.6	Saudi Arabia's oil industry is reeling
0:21.2	after an attack this weekend on a vital crude processing center.
0:25.0	Chinese companies have switched from being prolific buyers of global assets to net sellers.
0:30.0	Thousands of workers at General Motors are set to strike and the UK's Brexit
0:35.4	secretary says Britain could stay in a stand-still transition deal with the EU for
0:39.9	the next three years. Plus the FT's Mihul Shravastava previews Israel's second
0:45.7	election of the year and why the stakes are so high for Prime Minister Benjamin
0:50.0	Netanyahu. I'm Mark Filipino and here's the news you need to start your day.
0:57.0	Oil prices soared early this morning after a major attack this weekend on Saudi Arabia's oil infrastructure.
1:05.1	Iran-aligned Houthi rebels have claimed responsibility for what they said was an attack
1:09.1	by 10 drones on two oil facilities.
1:12.1	Meanwhile, U.S. Secretary of State Mike Pompeo accused
1:15.3	Iran of launching Saturday's attack, which cut more than half of Saudi Arabia's
1:19.4	production this weekend. When markets reopened this morning, the price of the benchmark Brant Crude
1:24.6	jumped as much as 20% to above $71 a barrel.
1:29.1	U.S. President Donald Trump tweeted just before the market opened, saying he had authorized the release of
	...

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