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FT News Briefing

The world’s newest petrostate heads to the polls

FT News Briefing

Forhecz Topher

News, Unknown, News & Politics, Daily News

4.41.2K Ratings

🗓️ 1 September 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

The leaders of China and India met on Sunday amid trade tensions with the US, and Guyanese voters head to the polls today to chart a future for the world’s newest petrostate. Plus, the UK secures its largest ever warship deal with Norway, and AstraZeneca’s China division has recovered from a major scandal by pledging billions in new investment. 


Mentioned in this podcast:

Xi and Modi say they are ‘partners not rivals’ in bid to repair ties

World’s newest petrostate heads for ‘mother of all elections’

UK secures largest ever warship deal from Norway

AstraZeneca bounces back from scandal in China


Today’s FT News Briefing was produced by Ethan Plotkin, Persis Love, and Marc Filippino. Additional help from Jean-Marc Eck and Peter Barber. The FT’s 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


Hosted on Acast. See acast.com/privacy for more information.

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.

0:10.1

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

0:22.4

solutions has increased from 4% in 2020 to 27% in 2024. Find out more at equinor.com.

0:31.7

Good morning from the Financial Times. Today is Monday, September 1st, and this is your FT News Briefing.

0:40.1

Beijing and New Delhi are continuing to build closer ties. And Guyana heads to the polls for a high-state

0:46.8

selection. Plus, drug maker AstraZeneca is bouncing back after a scandal in China.

0:53.3

Really, we've got a situation where AstraZeneca and the Chinese government's interests are aligned here.

1:00.4

I'm Persis-Love, and here's the news you need to start your day.

1:10.4

China and India are, quote, partners not rivals.

1:15.4

So said Chinese president Xi Jinping after meeting with his Indian counterpart, Narendra Modi, on Sunday.

1:22.2

The pair spoke at a regional security summit in the Chinese city of Xinjiang.

1:27.4

And the conversation was closely watched.

1:29.8

For one thing, Xi and Modi lead the world's two most populous countries, each with large

1:35.3

nuclear stockpiles.

1:37.3

And then in recent years, tensions between the two have been high, with some clashes

1:41.5

along their shared Himalayan border.

1:44.1

But the trade war between each country and the United States has opened up opportunities

...

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