US midterms countdown: Republicans bank on inflation
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 20 October 2022
⏱️ 12 minutes
🧾️ Download transcript
Summary
UK lawmakers plan to introduce legislation making rail strikes harder, private sector attendance at China’s Communist party congress has fallen by almost 50 per cent since Xi Jinping assumed power, and Republicans are banking on the inflation issue to win them control of the US Congress during this year’s midterm elections.
Mentioned in this podcast:
Corporate China shut out of Xi Jinping’s party congress
UK government to curb unions’ ability to strike on transport network
‘The headwinds are pretty strong’: Democrats’ midterms hopes falter
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk |
| 0:09.9 | Good morning for the Financial Times. |
| 0:11.3 | Today is Thursday, October 20th, and this is your FT News Briefing. |
| 0:18.9 | The UK government wants to make it harder for rail workers to strike, |
| 0:23.0 | and not a lot of China's private entrepreneurs were invited to this week's Communist Party Congress. |
| 0:29.5 | Plus, in the US, the Republican Party wants to win back control of the House and Senate, |
| 0:34.4 | and they're trying to convince voters that inflation is all the Democrats' fault. |
| 0:39.0 | We'll explore if that argument is working. |
| 0:41.7 | I'm Mark Filipino, and here's the news you need to start your day. |
| 0:53.6 | UK lawmakers are set to introduce new legislation today, |
| 0:56.8 | and it would make it harder for transportation workers to go on strike. |
| 1:01.2 | If it's approved, the new system would take effect next year. |
| 1:04.5 | Train operators would have to provide enough workers to meet, quote, |
| 1:08.0 | an adequate service level during strikes. |
| 1:11.1 | The National Transportation Trade Union called the bill draconian. |
| 1:15.6 | The union staged several strikes this year while negotiating for better pay. |
| 1:20.1 | More strikes are planned for the rest of the year. |
| 1:27.0 | China's ruling Communist Party is holding its big party congress in Beijing this week, |
| 1:33.9 | and if you want an invite, you have to fulfill six criteria. |
| 1:37.6 | The FT's Sun Yu describes a few of them. |
| 1:40.6 | The number one is spiritual purness. |
... |
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