Wednesday, March 18
FT News Briefing18 Mar 2020

Wednesday, March 18

Western governments pledged trillions of dollars in stimulus measures to limit the economic fallout from the coronavirus pandemic on Tuesday. The FT’s global business columnist Rana Foroohar explains what it could mean for Wall Street and Main Street. Plus, Impossible Foods raises $500m in a round that will help the US-plant based burger group to see through the economic upheaval caused by the current crisis, and Joe Biden solidifies his status as the frontrunner to take on Donald Trump in November.

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Episoder(2098)

The ‘Armageddon scenario’ for gas markets

The ‘Armageddon scenario’ for gas markets

Investors sounded the alarm on Thursday after a major Qatar gas facility took serious damage, and amateur traders are going wild for five-minute bets. Mentioned in this podcast:‘Armageddon scenario’ f...

20 Mar 12min

Federal Reserve holds steady as inflation fears mount

Federal Reserve holds steady as inflation fears mount

The US has relaxed sanctions on Venezuela’s state-owned oil group Petróleos de Venezuela and the Federal Reserve has stuck with plans to cut rates later this year. Plus, Walmart won patents to give al...

19 Mar 11min

How Saudi Arabia’s bet on Iran backfired

How Saudi Arabia’s bet on Iran backfired

The EU wants to make mergers a bit easier, Wall Street banks are offloading $18bn of debt tied to video game maker Electronic Arts, and investors are piling into cash at the fastest rate since the Cov...

18 Mar 10min

Iran war tests China’s oil stockpile

Iran war tests China’s oil stockpile

The FT’s Gideon Rachman explains what the Strait of Hormuz’s closure means strategically for Iran, Italy’s UniCredit has launched a €35bn takeover offer for Commerzbank and China’s oil stockpile is pu...

17 Mar 10min

US shale producers not yet tempted by $100 oil

US shale producers not yet tempted by $100 oil

Donald Trump warned Nato faces a “very bad” future if US allies fail to assist in opening up the Strait of Hormuz, and though oil prices have breached $100 per barrel, America’s shale producers aren’t...

16 Mar 12min

Artificial intimacy: How to fall in love with AI

Artificial intimacy: How to fall in love with AI

Introducing Artificial intimacy from Tech Tonic. For the next episodes in this season go to the Tech Tonic feed.Calder Quinn has fallen into a relationship with a chatbot called Sara. She’s kind, emot...

14 Mar 37min

US-Iran war boosts Russian oil revenues

US-Iran war boosts Russian oil revenues

Gulf oil producers have lost billions of dollars in energy revenues since the start of the US-Iran war, but there is one country benefiting: Russia. It is earning as much as $150mn a day in extra budg...

13 Mar 12min

Hold on — tech stocks are a safe haven now?

Hold on — tech stocks are a safe haven now?

The International Energy Agency has launched the largest release of strategic oil reserves in its history, investors have sought shelter from the turmoil of the war in Iran in US tech stocks and US in...

12 Mar 11min

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