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FT News Briefing

The Democratic convention kicks off in Chicago

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 19 August 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

Start-ups, legacy groups and policymakers are working out how to operate in areas of rising weather risks, and start-up failures shot up 60% in the past year. Plus, top international fashion brands are shifting orders away from Bangladesh because of recent political turmoil. 


Mentioned in this podcast:

FT series: the Uninsurable World

Global fashion brands cut Bangladesh orders after turmoil

Start-up failures jump by 60% as founders face hangover from boom years

The Democratic National Convention hits Chicago


The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Molly Nugent, Andrew Edgecliffe-Johnson, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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 UK's energy partner.

0:06.0

Learn more at equinore.

0:10.0

At Aquinore. UK. Good morning from the Financial Times. Today is Monday, August 19th, and this is your

0:18.0

FT news briefing. Top Democrats in the US are all heading towards Chicago and major global fashion

0:25.8

brands are cutting their orders from Bangladesh. Plus we'll look at how climate

0:31.0

change is upending the insurance market.

0:34.4

I'm Kasha Brousallian and here's the news you need to start your day. The Democratic National

0:44.7

National Council. The Democratic National Convention officially kicks off in Chicago today, and it's a big

0:59.2

moment for Vice President Kamala Harris. She'll be looking to capitalize on her brat summer.

1:05.2

Harris's campaign has been in a sort of honeymoon phase

1:08.3

ever since President Joe Biden stepped aside.

1:11.1

Just take a look at the polls. Harris has pulled ahead of

1:14.0

former President Donald Trump in some key states like Michigan and Wisconsin.

1:18.4

The DNC should be a real test of whether she can maintain that momentum.

1:23.0

Bangladesh has been on edge for weeks now.

1:30.0

Bangladesh has been on edge for weeks now.

1:33.2

First, there were the student protests,

1:35.2

and then the bloody crackdown that killed hundreds of people.

1:38.8

It led to the ouster of the country's long-time leader, Shay Kacina. But now the turmoil is hitting Bangladesh's

1:45.3

economic engine, the garment and shoe industry. My colleague Ben Parkin was in

1:50.3

DACA for much of the last week and he joins me now. Hey Ben. Hi, thanks for having me.

1:55.8

Thanks for coming on the show. So tell me, what's been going on in the country's garment and shoe industry?

...

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