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FT News Briefing

Putin Moves Into Ukraine

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.41.3K Ratings

🗓️ 22 February 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

Russia sends troops into Ukraine after recognizing two separatist regions there. Then, Russia could be facing sanctions for its actions over Ukraine. How could that affect gas companies and consumers? Finally, Peloton discovered rust on some of its exercise bikes, it sent them to consumers anyway without telling them. We have more on its plan to conceal the rust, known as “Project Tinman.” 


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Mentioned in this podcast:

Carl Icahn launches board fight at McDonald’s over treatment of pigs

Putin recognises two separatist regions in eastern Ukraine


The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.


Read a transcript of this episode on FT.com


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

Transcript

Click on a timestamp to play from that location

0:00.0

The FT News Briefing is supported by Equinole, the UK's energy partner.

0:06.3

Learn more at equinole.co.uk

0:11.5

Good morning from the Financial Times. Today is Tuesday, February 22nd,

0:15.8

and this is your FT News Briefing. Russia sends troops into Ukraine after recognizing two

0:22.4

separatist regions there. Then we hear about Peloton's Project Tin Man, the company's plan

0:28.5

to conceal rest to discover it on some of its exercise bikes. Finally, Russia could be facing

0:34.3

sanctions for its actions over Ukraine. How could that affect gas companies and consumers?

0:39.5

It's a big risk that Russia might respond to sanctions by weaponizing commodities by saying,

0:44.9

okay, you've sanctioned us, so we're now going to cut off gas supply completely, more significantly

0:50.5

reduced it, and that would have an immediate impact on prices and drive up costs for consumers.

0:55.9

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

1:04.1

Russian President Vladimir Putin has ordered troops into Ukraine after recognizing two

1:09.6

Moscow-backed separatist regions. Putin directed Russia's military into rebel-held regions

1:15.5

of eastern Ukraine's Donbas border area on a so-called peacekeeping operation.

1:20.8

The troops look set to remain there indefinitely under draft agreements published by the Kremlin.

1:25.9

Putin made the decision after an angry, televised speech in which he cast doubts over Ukraine's

1:31.1

statehood and accused the West of using the country as a tool to destroy Russia.

1:36.4

Markets responded with alarm to the day's news. Russia's MoEC stock index closed down 10.5 percent.

1:42.3

It's steepest fall since Russia sees Crimea in 2014.

1:50.4

In September of last year, workers at Peloton's warehouses noticed something funny.

1:56.2

Paint was flaking off some of their exercise bikes.

1:59.5

It turned out that was because of rust on parts of the bike, like the inner frame of the seat

...

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