Republicans to unveil US stimulus offer, coronavirus curbs European travel, Brexit talks
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 27 July 2020
⏱️ 11 minutes
🧾️ Download transcript
Summary
Republicans are set to unveil their proposals for a fresh round of stimulus today, US oil companies have increased production following the price crash earlier in the year, and a surge in coronavirus cases have forced countries to curb European travel. Plus, the FT’s political editor, George Parker, will have an update on the progress of future relationship talks between the UK and EU.
Republicans prepare to unveil latest US stimulus offer
ft.com/content/3ced1ea5-6070-46ee-a946-dc18ad212bf7
US oil production wells up after Covid price crash
https://www.ft.com/content/9552bb8b-c23a-458d-b476-bbbbe4163bd2
Infection surges force countries to curb European travel
https://www.ft.com/content/584ee262-d539-40ca-b145-e42865f2bc6b
Michel Barnier warns ‘no progress’ made on key issues in Brexit talks
https://www.ft.com/content/14e6c44f-5573-46c1-8f4c-224747562c42
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:02.0 | Today is Monday, July 27th. |
| 0:04.0 | And this is your FT news briefing. |
| 0:07.0 | Republicans and Democrats gear up for another week of stimulus debate. |
| 0:13.0 | Oil production in the US is on the rise, |
| 0:16.0 | and a surge in coronavirus cases |
| 0:18.0 | is putting a damper on European travel and tourism. |
| 0:21.0 | Plus, we'll take a look at how Brexit talks are fairing and why fisheries are one of the things |
| 0:26.3 | holding up progress. |
| 0:28.0 | I'm Mark Filipino and here's the news you need to start your day. Time is running out for members of U.S. Congress to agree on a new stimulus package. A package passed in March that sends |
| 0:45.0 | $600 a week in federal unemployment to Americans hit by coronavirus lockdowns is |
| 0:49.8 | set to run out. The federal moratorium on evictions expired on Friday. These benefits have |
| 0:56.1 | been part of the effort propping up the U.S. economy during the pandemic. And the deadline |
| 1:00.8 | seems like it couldn't come at a worse time. |
| 1:03.0 | A survey by the U.S. Census Bureau shows that nearly 15% of Americans with a mortgage payment |
| 1:08.8 | due have no or just slight confidence they'll be able to make it. |
| 1:12.2 | That number is 35% when it comes to the... or just slight confidence they'll be able to make it. |
| 1:13.0 | That number is 35% when it comes to the way Americans feel about rent payments. |
| 1:17.4 | And both figures have been on the rise in recent weeks. |
| 1:20.8 | But today, Republicans are expected to unveil their proposals for a fresh round of stimulus. |
| 1:25.4 | It would include another round of $1,200 cash payments sent directly to Americans. |
| 1:30.9 | It would also include an extension on the federal moratorium on evictions and extend |
... |
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