Nato torn over Ukraine’s membership bid
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 11 July 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
Hedge funds have cut their bets on a rising US stock market to the lowest level in at least a decade and pivoted to Europe, a top US banking regulator has announced tougher capital rules for a broader range of lenders, and Dutch PM Mark Rutte is quitting politics after the collapse of his coalition. Plus, the FT’s Henry Foy explains why Nato is torn over whether to admit Ukraine.
Mentioned in this podcast:
Hedge funds slash bets on US after rally and pivot to Europe
Top US bank watchdog outlines tougher rules for larger lenders
Nato’s dilemma: what to do about Ukraine’s bid to join?
Erdoğan links Sweden’s Nato bid with Turkey’s EU accession
Dutch PM Mark Rutte to quit politics after collapse of coalition
Correction: In the July 10 episode of the FT News Briefing we mistakenly described the UK Chancellor’s annual speech as the Madison speech. It is the Mansion House speech. We regret the error.
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The latest episode of the next five podcasts is all about financing net zero. |
| 0:04.6 | I speak to Tim Gould, Chief Energy Economist at the IEA. |
| 0:07.6 | We're up to $1.7 trillion going into clean energy transition investments this year. |
| 0:13.0 | Nick Standsbury, Head of Climate Solutions at LGIM. |
| 0:15.6 | We need to put a proper price on all greenhouse gas emissions. |
| 0:19.6 | And Eric Werners, SVP and Chief Economist at Equino. |
| 0:23.0 | We have to do these things together. |
| 0:24.6 | Industry cannot do this alone. |
| 0:26.8 | Listen to the Philippe episode wherever you get your podcasts. |
| 0:29.2 | Enjoy. |
| 0:30.2 | Before we get started, I want to flag a quick correction. |
| 0:33.2 | Yesterday we called the UK Chancellor's Annual Speech, The Madison Speech, |
| 0:37.0 | when it's actually the Mansion House Speech. |
| 0:39.6 | Sorry for the slip up there. |
| 0:41.2 | Now on to today's show. |
| 0:45.6 | Good morning from the Financial Times. |
| 0:47.2 | Today is Tuesday, July 11. |
| 0:49.2 | And this is your FT News Briefing. |
| 0:52.2 | Hedge funds are ditching their bets on U.S. stocks. |
| 0:55.4 | And American banks might have to adapt to tougher capital rules. |
| 1:00.2 | Plus, NATO's annual summit kicks off today. |
| 1:03.0 | Take a look at why it's so difficult for Ukraine to get a seat at the table. |
... |
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