Thursday, March 12
FT News Briefing12 Mar 2020

Thursday, March 12

The Trump administration will suspend non-US citizens travelling from Europe for the next 30 days to reduce the spread of the coronavirus in America. This announcement came on the same day the World Health Organization labelled the coronavirus outbreak a pandemic for the first time, and the blue-chip Dow Jones Industrial Average tipped into bear market territory. Plus, Boeing lost close to a fifth of its market value on after news that it had tapped the full amount of a $13.8bn loan to deal with the financial effects of the coronavirus.


Then, we will look at what to expect from Christine Lagarde and the European Central Bank today, now that the Federal Reserve and the Bank of England have made emergency rate cuts.


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Episoder(2103)

Trump’s divisive 'Board of Peace’

Trump’s divisive 'Board of Peace’

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Supreme Court appears sceptical over Fed firing

US President Donald Trump has dropped his tariff threat on Greenland, and the FT’s Derek Brower explains how Trump has navigated the World Economic Forum in Davos. Plus, EU lawmakers have postponed th...

22 Jan 12min

Greenland standoff rattles markets

Greenland standoff rattles markets

US equities and the dollar fell in response to transatlantic tension over Greenland, and the FT’s Robin Wigglesworth breaks down the idea of Europe leveraging its US Treasuries to influence President ...

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China's birth rate tumbles to historic low

China's birth rate tumbles to historic low

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20 Jan 12min

EU readies retaliation for Trump’s Greenland threat

EU readies retaliation for Trump’s Greenland threat

As Europe considers retaliation measures to US President Donald Trump’s tariff threat to NATO allies that oppose his Greenland-takeover bid, Denmark seeks to bolster its own relationship with the Arct...

19 Jan 12min

China’s state iron ore buyer flexes muscles

China’s state iron ore buyer flexes muscles

The EU is proposing a new way to allow Ukraine to join the bloc, and it was the best year for US investment banks since 2021. Plus, a look into the iron ore market and the role China is playing in it,...

16 Jan 12min

Why Japan’s prime minister might call a snap election

Why Japan’s prime minister might call a snap election

US President Donald Trump has not ruled out military action in Iran and Japan’s Prime Minister Sanae Takaichi plans to call a snap general election. Plus, Donald Trump’s “unpredictable” policies have ...

15 Jan 11min

London VC’s bet on Revolut pays off

London VC’s bet on Revolut pays off

Two former senior executives at the collapsed subprime car lender Tricolor Holdings pleaded not guilty to fraud and financial crime charges, and Microsoft is pledging to “pay its way” for its AI data ...

14 Jan 10min

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