Will the digital euro come online?
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 18 May 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
Ukraine’s allies worry that support from the US will lose steam during next year’s election cycle, and Japan’s stocks are reaching new highs. Plus, the European Central Bank is big on a digital currency. Europeans? Not so much.
Mentioned in this podcast:
Ukraine’s allies fear military support will fade in US election year
Japan stock index hits 33-year high as investors warm to Tokyo story
The digital euro: a solution seeking a problem?
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, 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 |
| 0:10.3 | Good morning from the Financial Times. Today is Thursday, May 18th, |
| 0:14.0 | and this is your FT News Briefing. |
| 0:18.7 | The US is going into a big presidential election next year, |
| 0:22.3 | but can it also stay focused on Ukraine? |
| 0:25.7 | And investors are pushing Japan's stock index to highs not seen since the late 1980s. |
| 0:32.1 | Plus, Europe's central bank is planning for a digital currency, |
| 0:35.9 | but a lot of Europeans are scratching their heads. |
| 0:38.8 | It seems like it's only the central bank that thinks this is a wonderful idea. |
| 0:44.6 | A Mark Filipino, and here's the news you need to start your day. |
| 0:47.3 | The FT News Briefing |
| 0:51.7 | Senior European officials tell the FT that they're worried about the 2024 US election, |
| 0:57.0 | specifically that the presidential race would discourage sending more military aid to Ukraine. |
| 1:02.5 | 2024 elections in the US are expected to be divisive. |
| 1:06.0 | The Republican frontrunner is former President Donald Trump, |
| 1:09.0 | and he's criticized President Joe Biden for sending too much money to Kiev. |
| 1:13.4 | US officials say there's pre-approved funding for Ukraine until about October. |
| 1:18.0 | That should cover the counteroffensive expected to start in the next few weeks. |
| 1:27.5 | Japanese stocks keep steaming ahead. |
| 1:30.2 | This week, the leading Japanese stock index hit a 33-year high, |
| 1:34.1 | making Tokyo one of the strongest markets this year. |
... |
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