Friday, March 20
FT News Briefing20 Maalis 2020

Friday, March 20

Republicans in the US Senate have introduced legislation to inject more than $1tn of fiscal stimulus into the economy as it grapples with the coronavirus outbreak. Sir Paul Tucker, the former deputy governor of the Bank of England and current chair of the Systemic Risk Council, says it’s time for policymakers and bankers to prepare for a wartime setting if conditions deteriorate. Plus, the only US drugmaker that makes a potential treatment for the coronavirus raised the price nearly 100 per cent in January as the outbreak wreaked havoc in China.

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Jaksot(2184)

Hike or hold: Investors split ahead of Fed decision

Hike or hold: Investors split ahead of Fed decision

Investors raised their bets the Federal Reserve will raise rates on Wednesday after this month’s jump in oil prices. And, firefighting efforts were boosted in France and Spain as “violent” wildfires r...

27 Heinä 0s

Oil hits $100 and drives global bond sell-off

Oil hits $100 and drives global bond sell-off

The US unveiled new tariffs to replace old ones, oil’s jump above $100 deepened a global bond sell-off, and thousands of supporters of the youth-led “Cockroach” movement in India continued protesting ...

24 Heinä 0s

US oil refineries race against dwindling supply

US oil refineries race against dwindling supply

Tesla reported its first cash burn in more than two years in the second quarter, and US oil refineries are running at full tilt as wars in the Middle East and Ukraine choke global supplies of fuels su...

23 Heinä 0s

The US has $13bn in Venezuelan oil money. Where is it?

The US has $13bn in Venezuelan oil money. Where is it?

Ukraine has a new commander-in-chief after days of protests, and FT calculations show the US has collected more than $13bn in revenues from Venezuelan oil sales this year, but it's unclear what has ha...

22 Heinä 0s

UK chancellor John Healey inherits tricky finances

UK chancellor John Healey inherits tricky finances

The US has said it will hit Canada with tariffs of 50 per cent on a wide range of goods, Chinese regulators are considering tightening export controls on AI and semiconductor technologies, and UK Prim...

21 Heinä 0s

Andy Burnham’s first day

Andy Burnham’s first day

Andy Burnham enters No 10 today as prime minister, the US continued trading fire with Iran over the weekend, and Morgan Stanley has become Wall Street's top bank for AI debt deals. Plus, Germany’s cha...

20 Heinä 0s

The Bethlehem Project: American identity after 250 years

The Bethlehem Project: American identity after 250 years

The US celebrated its 250th anniversary this month during a very politically divided era. The FT’s Sonja Hutson went to a block party on Bethlehem, Pennsylvania’s main street to ask locals what they t...

18 Heinä 19min

Andy Burnham ghosts the UK business community

Andy Burnham ghosts the UK business community

Netflix’s shares fell more than 8 per cent on Thursday despite as-expected earnings after the streaming giant forecast its worst revenue growth in three years, and incoming UK prime minister Andy Burn...

17 Heinä 11min

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