Trump tests positive for Covid-19, EU sues UK over internal market bill, Trump & Biden compete over Ohio
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 2 October 2020
⏱️ 11 minutes
🧾️ Download transcript
Summary
Donald Trump and his wife Melania have tested positive for Covid-19 and will start quarantine barely a month before the US presidential election, US personal income dropped by 2.7 per cent in August after the lapse of emergency unemployment benefits, and Brussels is suing the UK over plans to violate last year’s Brexit withdrawal agreement. Plus, the FT’s Washington bureau chief Demetri Sevastopulo explains why Ohio might be the key to the US presidential election.
US personal income falls after lapse of Covid benefits
https://www.ft.com/content/314c74e3-984c-4bde-bb03-8a05622be305
Brussels launches legal action against UK over Brexit deal breach
https://www.ft.com/content/8389cc9c-3ced-47f1-a85e-710ad20468a2
The battle for Ohio: Trump tries to retain edge with working class
https://www.ft.com/content/8d3e2e6f-3f40-4d1c-905f-b2dd416d055d
Biden vs Trump: who is leading the 2020 US election polls?
https://ig.ft.com/us-election-2020/
Playboy returns to public markets through Spac deal
https://www.ft.com/content/d79065d3-b6d4-4991-9033-d48dcc383c68
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:02.0 | Today is Friday, October 2nd. |
| 0:04.3 | And this is your FT News Briefing. |
| 0:08.8 | The show has been modified from what we published |
| 0:10.9 | just a few hours ago to reflect news that broke during the middle of the New York night. |
| 0:15.0 | U.S. President Donald Trump and First Lady Malaniya Trump have tested positive for COVID-19. |
| 0:20.0 | They'll start quarantine barely a month before the US presidential election. |
| 0:24.3 | Markets were impacted soon after the news broke. Futures for the S&P 500 fell more than 1.4% |
| 0:30.6 | at the time of this recording. Meanwhile, Tokyo's benchmark topics reversed earlier gains to drop 1%. |
| 0:37.2 | This story is developing and we'll have more on FT.com. |
| 0:41.2 | As for the rest of today's show, less stimulus means less income for Americans. |
| 0:45.4 | We'll have the numbers. The European Union could take the UK before the |
| 0:49.3 | European Court of Justice, plus Donald Trump and Joe Biden are competing for the |
| 0:53.9 | American Midwest and the state of Ohio might tell us all we need to know about |
| 0:58.0 | how the rest of the presidential election will shake out. I'm Mark |
| 1:01.8 | Filipino and here's the news you need to start your day. |
| 1:10.0 | Democrats and Republicans are still fighting over a new stimulus package. |
| 1:14.5 | And as lawmakers squabble, Americans suffer. |
| 1:17.9 | The U.S Bureau of Economic Analysis found that U.S. personal income dropped by 2.7% in August. This came after emergency unemployment |
| 1:26.0 | benefits expired for millions of Americans. Personal income wasn't the only thing hit. American |
| 1:31.6 | consumption growth fell from July and more people |
| 1:34.2 | had to dip into their savings. |
... |
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