US solar project gives clean energy proponents a beacon of hope
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 13 October 2021
⏱️ 10 minutes
🧾️ Download transcript
Summary
Read a transcript of this episode on FT.com
https://www.ft.com/content/9a0a8048-a6e1-4557-8b0a-37fb5bf67e84
The global economy is entering a phase of inflationary risk, the IMF warned on Tuesday, as it called on central banks to be “very, very vigilant” and take early action to tighten monetary policy should price pressures prove persistent; resurgent consumer demand in the US is feeding hopes of a strong holiday shopping season but that demand is further straining supply chains and many large retailers are stocking up on merchandise much earlier than usual; and a huge solar array on Colorado’s southern High Plains will officially launch this week, giving green energy proponents a new beacon for their cause.
IMF warns of need to be ‘very, very vigilant’ over rising inflation risks - with Colby Smith
https://www.ft.com/content/f73d584f-fb2a-4a2f-ab8a-fa759031fa59
Georgieva keeps job but close decision leaves cloud over IMF - with Colby Smith
https://www.ft.com/content/f0db92e6-38f4-44e6-ba54-831b8b526dcf
US Christmas retail crush comes early as supply chains buckle - with Andrew Edgecliffe-Johnson
https://www.ft.com/content/600b73e9-df2b-4748-8201-6ae8bb1213bf
Solar-powered steel mill blazes trail for green energy transition - with Derek Brower
https://www.ft.com/content/f6693948-2c3d-4508-96cf-c374ef0fa6ad
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:03.8 | Today is Wednesday, October 13th, and this is your F-teen news briefing. |
| 0:09.5 | The IMF issued a stern warning about inflation, and the fund's top boss gets to keep her job |
| 0:15.4 | after weeks in hot water. |
| 0:17.7 | Meanwhile in the U.S., holiday shopping is already underway. |
| 0:22.4 | We are in the holiday season. |
| 0:24.2 | I've not heard a lot of Mariah Carey in the wild yet, but I'm pretty confident that |
| 0:28.5 | the Christmas songs seem to be upon us. |
| 0:31.5 | The FT's Andrew Edge Cliff Johnson tells me why retailers are stocking up and selling |
| 0:36.4 | holiday goods earlier than ever before. |
| 0:39.9 | Then we'll go to the high plains of Colorado to find out about a new clean energy project |
| 0:44.3 | involving solar and steel. |
| 0:46.5 | I'm Lauren Fedor in for Mark Filipino, and here's the news you need to start your day. |
| 0:55.3 | The International Monetary Fund warned yesterday that the global economy is entering a phase |
| 0:59.9 | of inflationary risk. |
| 1:02.1 | It called on central banks to be, quote, very, very vigilant, and take early action to |
| 1:07.2 | tighten monetary policy if price pressures prove persistent. |
| 1:11.4 | Here's the FT's Colby Smith. |
| 1:14.0 | This call from the IMF is certainly not new, but I think the urgency with which they |
| 1:19.2 | are talking about inflation risks perhaps has increased to a certain extent. |
| 1:23.7 | We're going to get more data on the US front with the latest consumer price index out. |
| 1:30.2 | What we've seen in the US in particular, which is one of those places where the IMF has |
... |
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