Sri Lanka picks a new leader
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 18 July 2022
⏱️ 11 minutes
🧾️ Download transcript
Summary
The leader of Sri Lanka’s biggest opposition party has urged the IMF to provide support to ease the country’s humanitarian crisis and cushion the blow of reforms, once high-flying financial technology companies are seeing their valuations crash to earth, and the FT’s Swamp Notes columnists Ed Luce and Rana Faroohar join Marc Filippino to talk about the changing economic geography of the US.
Mentioned in this podcast:
Sri Lanka opposition leader calls on IMF for ‘humane’ treatment, wants fresh elections
Half a trillion dollars wiped from once high-flying fintechs
Swamp Notes: The new geography of work
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva 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
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Transcript
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| 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 |
| 0:09.9 | Good morning from the Financial Times. |
| 0:11.5 | Today is Monday, July 18th, and this is your FT News Briefing. |
| 0:19.1 | Sri Lanka's lawmakers start to rebuild their government this week. |
| 0:22.6 | Financial technology companies were so hot and now they're not. |
| 0:27.7 | Plus offices may have reopened, but a lot of us still work remotely. |
| 0:32.2 | In the US, this untethering is changing the country's economic geography. |
| 0:37.6 | I'm Mark Filipino, and here's the news you need to start your day. |
| 0:50.8 | Lawmakers in Sri Lanka will vote for a new leader this week. |
| 0:54.1 | Protesters ousted the former president who then fled the country. |
| 0:58.0 | Now, Sri Lanka must start digging out of a political and economic mess. |
| 1:02.4 | The country's opposition leader has called on the International Monetary Fund for help. |
| 1:06.8 | To find out more, I'm joined by the FT's Antony Slodowski, who's in Sri Lanka's capital, |
| 1:11.0 | Colombo. Hi, Antony. |
| 1:12.6 | Hi there. |
| 1:14.1 | Antony, before we get into politics, what's it like in the capital? |
| 1:18.0 | As I understand it, protests are ongoing, but it's a real different mood. |
| 1:22.8 | Now that president could buy a raja paksa is gone. |
| 1:26.1 | You recorded this sound. |
| 1:33.7 | Can you tell us what's going on? |
| 1:35.9 | So I went out Saturday night, and the students were basically dancing, |
... |
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