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FT News Briefing

Venezuela votes for a land grab in Guyana

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 5 December 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

The UK will make it harder for employers to hire overseas staff in an attempt to reduce record immigration by 300,000 a year, a Venezuelan referendum lays claim to two-thirds of neighbouring Guyana, and the White House says the US is set to run out of funds to aid Ukraine by the end of the year. Plus, we get a preview of the new Hot Money season, which dives into the European cocaine trade.


Mentioned in this podcast:

UK government unveils measures to cut immigration by 300,000 a year

Venezuela says voters back claim to oil-rich swath of Guyana

US funding for Ukraine set to run out by end of the year, White House warns

Subscribe to Hot Money: The New Narcos


The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Edith Rousselot, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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 UK's energy partner.

0:06.0

Learn more at equinore.

0:10.0

Good morning for the financial Times. Today is Tuesday, December 5th, and this is your

0:16.7

FT news briefing. Conservatives have unveiled a plan to stop hundreds of thousands of people from migrating to the UK,

0:25.0

and Venezuela wants to snatch up most of its neighbor, Guyana.

0:29.0

So this is an old Venezuelan claim to the territory, but in recent years it had largely been

0:34.8

dormant and Maduro has revived it.

0:38.0

Plus the FT's Hot Money Podcast is back for season two.

0:42.0

We will talk about cocaine, murder, and a massive European drug

0:45.8

cartel. I'm Mark Filipino and here's the news you need to start your day. The UK government announced plans yesterday to cut immigration by 300,000 people each year.

1:07.0

The idea is to make it harder for companies to hire people from other countries.

1:12.0

Employees right now need to make a certain amount of

1:14.3

money in the UK to get a skilled worker visa and the government wants to raise

1:18.7

that minimum to nearly 39,000 pounds per year. Net migration hit a record high in 2022, and Prime Minister Rishi

1:27.9

Sunak is under a lot of pressure to address it ahead of next year's election.

1:44.8

Venezuela might be on its way to annexing its neighbor. The country is trying to lay claim to nearly two-thirds of Guyana. Venezuelan President Nicholas Maduro and his government

1:49.8

said that voters supported the move in a referendum on Sunday.

1:53.2

Guyana is a former British colony that has been arguing with Venezuela

1:57.4

over its borders for more than a century.

1:59.7

I'm joined now by the F.T's Latin America editor Michael Stott.

2:03.6

Hey Michael.

2:04.6

Hey Mark.

...

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