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FT News Briefing

Tuesday, October 15

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 15 October 2019

⏱️ 9 minutes

🧾️ Download transcript

Summary

Donald Trump imposes sanctions against Turkish officials, hopes fade for a Brexit deal at a European summit this week, Facebook admits doubts about its digital currency, Libra, as regulatory hurdles loom and African swine fever drives up European pork prices. Plus, the FT’s James Politi explains why the US-China trade truce reached last week is still fragile.

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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 Tuesday, October 15th.

0:15.2

And this is your FT news briefing.

0:18.6

Donald Trump imposes sanctions against Turkish officials,

0:22.1

and the Queen opens a new session of UK Parliament

0:25.0

with a speech resembling a Conservative Party election manifesto.

0:29.0

Plus Facebook admits doubts about Libra amid regulatory hurdles and the price of bacon is climbing.

0:36.2

Then our World Trade Editor James Politi will tell us why the U.S. China Trade truce reached

0:41.0

last week is still fragile. I'm Amy Keene and here's the news you

0:46.2

need to start your day.

0:52.1

Donald Trump has imposed sanctions against Turkish government ministers.

0:56.0

This follows Turkey's military advance into Syria.

0:59.0

On Monday evening, U.S. Treasury Secretary Stephen Munuchin confirmed that the President had signed the executive

1:05.4

order. It imposed sanctions on the Turkish defense, energy, and interior ministers,

1:11.5

as well as the Turkish government's defense and energy departments.

1:15.0

Earlier on Monday, Mr. Trump said he would soon issue an executive order enabling the

1:20.0

U.S. to quote, impose powerful sanctions on any person contributing to

1:25.0

Turkey's destabilizing actions. He also said he would increase tariffs on

1:29.0

imported steel to 50 percent and halt negotiations over what he called a hundred billion dollar trade

1:35.4

deal between the two countries. But Democratic leaders in the Senate rejected

...

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