Tuesday, March 10
FT News Briefing10 Mars 2020

Tuesday, March 10

A crash in the price of oil rocked financial markets that were already reeling from the effects of the coronavirus. Meanwhile, Italy extended its quarantine to the entire country, two of the world’s largest medical research foundations are teaming up with a Mastercard-backed charity to commit $125m in “seed funding” to develop treatments for Covid-19, and US president Donald Trump says his administration will propose a relief package today to reduce the negative economic effects of the outbreak. Plus, EU leaders have vowed to work with Turkey to prevent renewed tensions at their shared border and revive a 2016 migration deal. And, the FT’s Derek Brower will explain how the oil price war has left US shale producers hanging on for survival.

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Hold on — tech stocks are a safe haven now?

Hold on — tech stocks are a safe haven now?

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 Corporate America grapples with huge oil price swings

Corporate America grapples with huge oil price swings

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The US is leaving an Iranian island untouched

The US is leaving an Iranian island untouched

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Oil price surge risks upending global economy

Oil price surge risks upending global economy

Iran names Ayatollah Ali Khamenei’s son, Mojtaba Khamenei, as the new supreme leader. Plus, global central bankers are eying the jump in crude prices and the impact on inflation, and Gulf businesses s...

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Iran war’s global energy impact

Iran war’s global energy impact

As insurance costs rocket for shipping in the Strait of Hormuz, Asian countries brace for an energy shock. The rapid expansion of American-owned data centres in the Middle East has opened up a new fro...

6 Mars 12min

Khamenei’s son is frontrunner to be Iran’s supreme leader

Khamenei’s son is frontrunner to be Iran’s supreme leader

Israel expects war against Iran to last weeks and Ayatollah Khamenei’s son emerges as a leading candidate for supreme leader. Plus, the Federal Reserve grants crypto exchange Kraken access to its core...

5 Mars 11min

Iran crisis sends European gas prices soaring

Iran crisis sends European gas prices soaring

Gas prices have soared on the back of the war in the Middle East, and US president Donald Trump criticised some European nations for not being helpful in the conflict. Plus, the ongoing crisis is disr...

4 Mars 11min

Gulf states caught in the middle of US-Iran conflict

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Investors turned to gold and the US dollar in the wake of the Iran conflict, and Gulf states are panicking as Iran targets them in retaliatory strikes. Plus,can the US economy handle the surging oil p...

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