Trump’s divisive 'Board of Peace’
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 23 January 2026
⏱️ 12 minutes
🧾️ Download transcript
Summary
Intel shares slide 12 per cent as supply constraints limit growth, and Trump’s “Board of Peace” is dividing the US’s allies. Plus, Iran’s government is seizing properties and businesses after protests rocked the country, and Victoria Craig unpacks next week’s meeting of the Federal Reserve.
Mentioned in this podcast:
Intel shares slide 12 per cent as supply constraints limit growth
Iran seizes properties and businesses in crackdown after unrest
Who wants to join Donald Trump’s ‘Board of Peace’?
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Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Henry Larson, Fiona Symon, Victoria Craig and Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. 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 | Good morning from the Financial Times. |
| 0:04.2 | Today is Friday, January 23rd, and this is your FT News briefing. |
| 0:08.9 | Intel had itself a rough earnings report, and will more countries sign up for Trump's Board of Peace? |
| 0:15.2 | Plus, the unrest in Iran has settled, but the government is still cracking down on dissenters. |
| 0:21.4 | I'm Mark Filipino, and here's the news you need to start your day. |
| 0:32.8 | Shares in the American chipmaker Intel slid as much as 12% in after-hours trading yesterday. |
| 0:38.7 | The company said in its earnings report that revenue fell 4% last quarter compared to the same period the previous year. |
| 0:46.3 | Intel's chief financial officers said the company was dealing with, quote, industry-wide supply shortages, |
| 0:52.1 | and CEO Lip Bhutan said Intel was, quote, working aggressively |
| 0:55.8 | to grow supply to meet strong customer demand. The company's share price had skyrocketed 150% |
| 1:02.6 | over the past year after the Trump administration took a 10% stake in the company. Intel also got |
| 1:08.5 | a boost earlier this month with the launch of the new Panther Lake |
| 1:11.9 | PC chips. |
| 1:19.3 | U.S. President Donald Trump spent his first day at Davos walking back his threats to invade |
| 1:24.5 | Greenland. He spent his second day signing the charter of his Board of Peace, which some are seeing as a rival to the UN. He was joined by a motley crew of other nations. This project is yet another controversial flashpoint in the president's fraying relationship with his allies in Europe. Most weren't even at the signing yesterday. The F.T's Mehul Shrevastava is here to tell us all |
| 1:46.0 | about it. Hey, Mahul. Hey, guys. All right, so give me the backstory on this board of peace. Why did |
| 1:51.0 | Trump create it in the first place? So initially, this board of peace had a very small mandate. It was |
| 1:56.8 | designed to kind of oversee the ceasefire that Trump himself had broken between Israel and Hamas and Gaza, |
| 2:04.0 | and then to kind of manage the reconstruction of Gaza. |
| 2:07.3 | But it seems about three weeks ago, Trump was so enamored with this idea that he's now expanded it |
| 2:12.3 | to all kinds of conflicts around the world. |
| 2:14.8 | A charter was quickly drawn up, and invitations went out last week to 30, 40 countries. |
... |
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