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FT News Briefing

Thursday, February 6

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 6 February 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

Donald Trump was acquitted on impeachment charges by the Senate on Wednesday, HSBC has decided to hold off on naming a permanent chief executive until after it unveils a strategy shake-up, and Chinese energy executives are projecting a 25 per cent fall in the country’s oil consumption this month due the effects of the coronavirus on demand. Plus, the FT’s Anna Nicolaou explains Spotify’s push into podcasts and what it means for the streaming giant’s music business.

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Transcript

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0:00.0

Good morning from the newsroom of the Financial Times.

0:02.5

Today is Thursday, February 6th, and this is your FT news briefing.

0:08.0

H.S.B.C. is holding off on appointing a permanent head of the bank.

0:12.4

Energy executives in China are braced for a significant

0:15.4

fall in oil consumption because of the coronavirus, and Spotify has made another push

0:20.3

into podcasts and search for profits. But first, the US Senate has acquitted President

0:25.8

Donald Trump of both charges against him in the impeachment trial. The F.T.'s

0:30.0

U.S. managing editor, Peter Spiegel, explains how it unfolded and where things go from here.

0:35.4

I'm Mark Filipino, and here's the news you need to start your day.

0:41.6

Well, the one surprise, or maybe it wasn't a surprise, because he had been signaling that he was ready to buck the president for some time, was Mitt Romney, a big name in the Republican Party, a former presidential nominee of the Republican Party who stood up and give a very

0:53.6

an emotional speech was eight minutes on the Senate floor where he actually seemed to

0:57.0

break down basically saying he had to vote to convict the president because he felt

1:01.4

his conscience would not stand doing anything else.

1:03.6

That it was his constitutional responsibility.

1:05.6

He had found that the president had breached his oath of office and had abused his power.

1:10.9

And that was the big surprise of the day. No one else broke ranks. We saw Joe

1:14.8

Manchin who is the conservative Democrat from West Virginia had signaled he might go

1:18.5

with the Republicans to acquit. He stood with his party. So it was a 52 to 48 split.

1:23.9

There was only one senator who switched parties, which A, shows how

1:27.4

partisan Washington has become, but also the hold

1:30.4

that Donald Trump has on the Republican Party,

1:32.4

because there was no break in the House because there was no break in the House

...

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