The Thames Water debt debacle
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 30 June 2023
⏱️ 11 minutes
🔗️ Recording | iTunes | RSS
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Summary
The US Supreme Court has curbed universities’ ability to consider race in admissions, turmoil at the top of Thames Water has left the UK government scrambling to prepare contingency plans, and China has passed a new foreign relations law that deepens President Xi Jinping’s control over the country’s external relations. Plus, the FT’s Raphael Minder explains how Belarus's President Alexander Lukashenko ended up brokering a deal to stop the attempted coup in Russia.
Mentioned in this podcast:
US Supreme Court curbs consideration of race in university admissions
Why Thames Water is under growing strain
China passes foreign relations law to strengthen Xi Jinping’s response to sanctions
Alexander Lukashenko: from Putin’s puppet to Prigozhin’s saviour
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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 FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk. |
| 0:09.7 | Good morning from the Financial Times. |
| 0:11.3 | Today is Friday, June 30th. |
| 0:13.4 | And this is your FT News Briefing. |
| 0:19.2 | Corporate America is worried about its Supreme Court ruling on university admissions |
| 0:23.8 | and London's main water company is in trouble. |
| 0:27.4 | Plus, the president of Belarus is in a tough spot. |
| 0:31.4 | I'm Mark Filipino and here's the news you need to start your day. |
| 0:44.6 | The US Supreme Court handed down a ruling on affirmative action which is meant to |
| 0:48.9 | increase diversity in higher education. |
| 0:51.6 | The court said yesterday it wants universities to consider race |
| 0:55.2 | less when selecting students. |
| 0:57.3 | The FT Stefania Palma explains. |
| 1:00.0 | Their argument is that this actually violates the equal protection clause in the Constitution, |
| 1:05.2 | which aims basically at avoiding any kind of discrimination for US citizens and that was |
| 1:11.5 | enacted after the Civil War. |
| 1:13.6 | The case is specifically about higher education, but it could have a ripple effect. |
| 1:19.1 | This sets a broader precedent, a legal precedent that could be used by critics of affirmative |
| 1:26.5 | action using race, but perhaps could even be broadened to other elements that are used when |
| 1:32.7 | considering, say, applicants or even people seeking jobs. |
| 1:37.0 | Legal experts fear that basically this decision is a powerful endorsement that could be used |
... |
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