The Great Nickel Pickle
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 18 March 2022
⏱️ 9 minutes
🧾️ Download transcript
Summary
The US secretary of state has poured cold water on hopes of a diplomatic settlement to the war in Ukraine, saying there were no signs Vladimir Putin was “prepared to stop” Russia’s invasion of its neighbour, JPMorgan has processed interest payments sent by the Russian government for two of the country’s bonds, and the London Metal Exchange suspended electronic trading in nickel on Wednesday, just after it reopened for business following a week-long shutdown.
Mentioned in this podcast:
US pours cold water on hopes of a Ukraine settlement
Russia edges closer to averting default as JPMorgan processes bond payment
London Metal Exchange suffers fresh glitch during nickel trading
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
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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 |
| 0:09.8 | Good morning from the Financial Times. |
| 0:11.3 | Today is Friday, March 8th, and this is your FT News Briefing. |
| 0:18.6 | We'll start by hearing from one of our correspondents on the ground in Ukraine. |
| 0:22.2 | The US's top envoy said there were no signs that Russian President Vladimir Putin |
| 0:26.7 | plans to stop the war. |
| 0:28.4 | Plus, nickel traders have had a tough week. |
| 0:30.9 | The London Metal Exchange hasn't helped. |
| 0:34.0 | It's just incredible what's been going on in this market. |
| 0:37.8 | It all goes back to Russia as everything does right now. |
| 0:42.1 | We'll take a look at what Katie Martin calls the Great Nickel Pickle, |
| 0:46.0 | a Mark Filipino, and here's the news you need to start your day. |
| 0:49.2 | Russian forces continued to shell Ukrainian cities yesterday. |
| 1:00.2 | Perhaps the hardest hit is Maryapult, a port city in southeastern Ukraine. |
| 1:04.8 | The FT's guide to Zan says there have been some evacuations, |
| 1:08.6 | but many people haven't escaped the siege. |
| 1:11.8 | The humanitarian situation is really dire because the whole city is encircled by Russian troops, |
| 1:18.0 | and they've been shelling it very heavily using multiple rocket launchers and artillery. |
| 1:24.6 | There's thousands of people who are stuck in bomb shelters without access to electricity, |
| 1:29.7 | heating, food, and water is running out. |
| 1:32.4 | There's no mobile networks. |
... |
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