Thursday, December 12

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.4 • 1.3K Ratings

🗓️ 12 December 2019

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Federal Reserve leaves its policy rate unchanged and indicates that it has no plans to make changes through 2020, and the climate summit in Madrid could stall over the question of how to create a global carbon trading market. Plus, new findings show the US Federal Aviation Administration failed to ground Boeing’s fleet of 737 Max aircraft even after its analysis showed the plane was more accident-prone than most aircraft, Israel faces its third election in a year, and Harvey Weinstein reaches a tentative $45m settlement with a group of women who accused him of sexual assault. Then, the FT’s Michael Peel explains how Myanmar’s Aung San Suu Kyi went from human rights icon to a leader defending allegations of genocide.

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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	Good morning from the newsroom of the Financial Times.
0:12.0	Today is Thursday, December 12th. Good morning from the newsroom of the Financial Times.
0:12.6	Today is Thursday, December 12th,
0:15.0	and this is your FT news briefing.
0:18.4	The Federal Reserve leaves interest rates unchanged
0:21.3	and it seems they'll stay put through next year.
0:23.4	And climate talks at the COP25 summit are stalling.
0:26.8	We'll get into why.
0:27.8	Plus the F.T.'s Michael Peel reports on how Myanmar's Aung San Suu Kyi
0:32.3	went from human rights icon to a leader defending allegations of genocide.
0:37.0	And today is election day in the United Kingdom.
0:41.0	I'm Mark Filipino, and here's the news you need to start your day.
0:48.0	Yesterday the Federal Reserve did exactly what investors had been expecting,
0:52.0	leaving rates on hold between one and a half. exactly what investors had been expecting,
0:52.8	leaving rates on hold between 1.5% and 1.75%.
0:57.8	That's after a year of three rate cuts.
1:01.2	And the US Central Bank indicated without any objections that it had no plans to make
1:06.4	any changes up or down next year.
1:09.4	Our economic outlook remains a favorable one, despite global developments and ongoing risks.
1:15.0	With our decisions through the course of the past year, we believe that monetary policy is well positioned
	...

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