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FT News Briefing

UK uncovers criminal crypto network

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 5 December 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

Donald Trump has nominated cryptocurrency advocate Paul Atkins to chair the US Securities and Exchange Commission, and a dramatic attempt to impose martial law in South Korea by its president has backfired. The French parliament voted to oust Prime Minister Michel Barnier and a UK-led operation has uncovered a multibillion-dollar money laundering scheme. Plus, Google DeepMind has unveiled an artificial intelligence weather prediction model that outperforms traditional methods. 


Mentioned in this podcast:

Donald Trump picks crypto enthusiast Paul Atkins for SEC chair

‘Revenge cycle’: South Korean crisis highlights deep political divide

UK uncovers vast crypto laundering scheme for gangsters and Russian spies

French parliament votes to oust Michel Barnier’s government

Google DeepMind hits new milestone in AI weather forecasting


The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song 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

We're Equinor, an energy company searching for better.

0:03.0

Currently, we supply 27% of the UK's gas, 15% of its oil,

0:07.7

and we're playing our part in the UK's energy transition.

0:11.0

Our wind farms power 750,000 homes,

0:14.0

and we expect that to grow to over 7 million.

0:16.5

Last year, we invested 20% of our global growth spend in renewables

0:20.1

and lower carbon solutions.

0:22.0

We plan to increase that to 50% by 2030.

0:25.4

We're an energy company searching for better.

0:28.4

equinore.co.uk.

0:33.7

Good morning from the Financial Times.

0:36.3

Today is Thursday, December 5th, and this is your FT News Briefing.

0:41.7

Donald Trump has named his pick for Wall Street's top watchdog,

0:45.8

and South Korea's president took a massive political risk in declaring martial law,

0:52.0

but it backfired.

0:54.0

Plus, what links Russian spies with Irish cocaine traffickers?

0:59.6

Well, they're both allegedly using the same crypto crime network.

1:05.3

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

1:20.3

Music and here's the news you need to start your day. U.S. President-elect Donald Trump has nominated Paul Atkins to chair the Securities and Exchange Commission.

1:28.2

Atkins is a former commissioner for the agency.

1:32.0

Trump's choice signals that the SEC will take a looser approach to regulating Wall Street

1:37.2

and a friendlier stance on cryptocurrency.

...

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