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FT News Briefing

Wednesday, September 18

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 18 September 2019

⏱️ 11 minutes

🧾️ Download transcript

Summary

The Federal Reserve Bank of New York announces plans to inject another $75bn into the US financial system to alleviate funding pressures in short-term lending markets, researchers find that smart TVs are leaking sensitive user data to companies including Netflix and Google and Israeli prime minister Benjamin Netanyahu fails to clinch an outright majority for his Likud party in Tuesday’s general election. Plus, the FT’s chief economics commentator, Martin Wolf, says economies are not delivering for most citizens. He tells us what corporations can do to fix the damage. 


FT.com is free to read today for #FTOpenDay. You can read all of the stories linked below without hitting the paywall. 


Take a look at the stories we covered in today’s briefing: 


Fed plans second intervention to ease funding squeeze

https://www.ft.com/content/2c11a972-d941-11e9-8f9b-77216ebe1f17


Benjamin Netanyahu left vulnerable by inconclusive Israel election

https://www.ft.com/content/828ac962-d984-11e9-8f9b-77216ebe1f17


Smart TVs sending sensitive data to Netflix and Facebook

http://ft.com/content/23ab2f68-d957-11e9-8f9b-77216ebe1f17


Martin Wolf: why rentier capitalism is damaging liberal democracy

https://www.ft.com/content/5a8ab27e-d470-11e9-8367-807ebd53ab77


Marc's suggested reads: 


WeWork’s Adam Neumann admits to being ‘humbled’ 

https://www.ft.com/content/7d543f5a-d94d-11e9-8f9b-77216ebe1f17 


My daughter, the footballer: sexism and the beautiful game

https://www.ft.com/content/16f35962-e288-11e6-9645-c9357a75844a


Global cities begin to shrink as inner areas empty out

https://www.ft.com/content/c88b4c54-b925-11e9-96bd-8e884d3ea203


Russia’s role in producing the taxman of the future

https://www.ft.com/content/38967766-aec8-11e9-8030-530adfa879c2


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

The UK's energy partner.

0:06.0

Learn more at equinore.

0:10.0

Before we get into today's episode, I want to highlight something pretty cool happening at the FT.

0:15.0

Usually, there are a couple of ways you can access the FT.

0:19.0

Buy a physical newspaper, be a paying digital subscriber, or hey, you can even listen to this podcast.

0:28.0

But today, September 18th, we are lifting the paywall, which means that you can access all the great journalism the FT does for free.

0:36.0

If you take a look at today's show notes, you'll find links to all the stories we covered in today's

0:40.3

briefing.

0:41.3

Plus, some of my favorite FT reads to get you started. And now

0:45.3

today's news.

0:48.6

Today is Wednesday, September 18th, and this is your FT news briefing.

1:00.0

The Federal Reserve Bank of New York plans a second intervention to ease a funding squeeze in short-term lending markets.

1:07.0

Benjamin Netanyahu fails to clinch an outright majority for his Liqueud Party in Israel's second election of the year.

1:14.6

And researchers find that a number of smart TVs are leaking user data to Netflix and Google.

1:20.8

Plus, the F.T's chief economics commentator Martin Wolf has diagnosed a problem with the way the economy

1:26.4

works today.

1:27.4

He'll explain and tell us what corporations can do to fix it.

1:31.4

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

1:38.6

On Tuesday the Federal Reserve Bank of New York announced plans to inject another $75 billion into the

1:45.0

U.S. financial system. The announcement came just a day after it made its first

1:49.5

intervention of this kind in more than a decade. Joe Renison is a markets reporter for the F.T. in the US.

1:56.0

He has more on short-term lending markets and why the intervention is a big deal.

...

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