The markets are shrugging off chaos
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 15 August 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
US President Donald Trump and Russian President Vladimir Putin meet in Alaska today, and Dubai is trying to hold on to its role as the financial centre of the Middle East. Plus, China is sending out a warning to foreign countries stockpiling rare earths metals, and the FT’s Katie Martin explains why she’s worried about the calm in the markets.
Mentioned in this podcast:
Can Dubai keep its crown as the Middle East’s finance capital?
Investors are frogs in a Trumpian pot
China warns foreign companies against stockpiling rare earths
Putin hails Trump’s ‘energetic and sincere’ efforts to end Ukraine war
Today’s FT News Briefing was produced by Katya Kumkova, Josh Gabert-Doyon and Marc Filippino. Additional help from Kent Militzer, Michael Lello, David da Silva and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. The show’s theme music 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 | For over 40 years, Equinoor has been an energy partner to the UK. |
| 0:04.1 | During that time, we've played our part in the switch from coal to gas, |
| 0:07.1 | and we're working hard to help the UK's energy transition. |
| 0:10.2 | We may not have all the answers yet, but we're determined to find them. |
| 0:13.5 | Equinor, an energy company, searching for better. |
| 0:16.9 | 99.6% of Equinor's energy output is oil and gas. |
| 0:20.5 | Our investment in renewables and low-carbon solutions |
| 0:22.9 | has increased from 4% in 2020 to 27% in 2024. Find out more at equinor.com. UK. |
| 0:31.6 | Good morning from the Financial Times. Today is Friday, August 15th, and this is your FT News briefing. |
| 0:39.4 | Presidents Donald Trump and Vladimir Putin meet for a summit in Alaska. |
| 0:44.1 | Dubai faces competition as the finance hub of the Middle East and why investors aren't freaking |
| 0:50.4 | out about Trump. |
| 0:51.8 | A lot of people that I speak to in markets are saying, |
| 0:54.6 | this doesn't make sense, right? |
| 0:56.5 | I'm Josh Gabbard Duoyant, and here's the news you need to start your day. |
| 1:06.7 | Russian President Vladimir Putin and U.S. President Donald Trump |
| 1:10.1 | are set to meet in Alaska today |
| 1:12.0 | as part of a hotly anticipated summit. A reminder, if you missed it, Ukraine's President |
| 1:17.3 | Volimir Zelensky is not invited. There's been a lot of back and forth, setting expectations |
| 1:23.5 | between the two presidents who will be there, though. Yesterday, Putin told his top officials that |
| 1:28.7 | the U.S. was making a, quote, energetic and sincere effort to end the conflict in Ukraine. |
| 1:34.3 | For his part, Trump said he wasn't certain the meeting would result in an immediate ceasefire. |
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