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Senior Africans propose ‘standstill’ on eurobond debt payments

Tidjane Thiam lends voice to call for private sector to join debt moratorium 




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Only victory in Africa can end the pandemic everywhere

World leaders call for an urgent debt moratorium and unprecedented health and economic aid packages




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Ramaphosa prepares to reopen South African economy gradually

Five-week shutdown to be eased stage by stage according to a series of rolling levels  




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The gender question can be wrong

Many travails exist beyond being judged by your sex




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Can Mâconnais wines rival the best burgundy?

A retrospective tasting of Jean-Marie Guffens’ exceptionally nervy creations suggests so




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Most Americans trust governors over Trump on reopening, poll shows

FT-Peterson survey finds 71% back states as support slips for president’s economic stewardship




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Millions of Americans face crisis payment delays

Consumers who use tax preparation services or software could have to wait months for money




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Company car users on furlough can save thousands of pounds

Tax bills can be reduced by handing back a vehicle to an employer




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Bad credit is big business — if you can get a guarantor

Whether renting a flat or applying for a loan, you will probably need the help of a homeowner




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Property law: can I work from home if it is rented?

Some leases prohibit doing business — plus what to do when coronavirus halts completion of a sale




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How can we best treat dementia?

Dementia is on the rise, with the numbers affected expected to treble to over 150m in the next 30 years. Clive Cookson discusses the latest treatments with London neurologist Nick Fox, and we hear reports from Edward White and Brooke Fox about initiatives in Taiwan and the US to help improve the lives of sufferers.


This podcast is supported by Home Instead Senior Care, and is part of a wider FT Special Report on Dementia Care found at ft.com/reports/dementia-care


Contributors: Josh Noble, weekend news editor, Clive Cookson, FT science editor, Professor Nick Fox, director of the Dementia Research Centre at University College London, Edward White, Taiwan correspondent, Brooke Fox, New York reporter, Tang Li-yu, secretary-general of the Taiwan Alzheimer’s Association and Kevin Jameson, head of the Dementia Society of America. Producer: Ruth Lewis Coste

 

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Can Greece become an economic success story?

Greece’s centre-right New Democracy party has returned to power after defeating the far-left party Syriza at the ballot box on a promise of reviving the economy through tax cuts, reduced bureaucracy and more foreign investment.  Katie Martin discusses the new government and the challenges it is facing with Ben Hall and Kerin Hope.


Contributors: Naomi Rovnick, FT Live reporter, Katie Martin, capital markets editor, Ben Hall, Europe editor, and Kerin Hope, Athens correspondent. Producer: Fiona Symon

 

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Can the Iran nuclear deal be saved?

Concerns about maritime security in the Gulf are rising as relations between Iran and the west deteriorate over the slow breakdown of the nuclear deal struck by Tehran and world powers in 2015. Iran’s economy has been badly hit by the re-imposition of US sanctions, and in response, Iran says it is no longer sticking to agreed limits on its enriched uranium stockpile. Tom O’Sullivan discusses whether the deal can be saved with Michael Peel in Brussels, Najmeh Bozorgmehr in Tehran and Middle East editor Andrew England.


Contributors: Suzanne Blumsom, executive editor, Tom O’Sullivan, deputy analysis editor, Michael Peel, European diplomatic correspondent, Najmeh Bozorgmehr, Tehran correspondent, and Andrew England, Middle East editor. Producer: Fiona Symon

 

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How can we survive without plastic?

Start-ups and consumer giants are trying to find a solution to the deluge of plastic packaging that ends up in landfill or polluting our oceans. Finding a solution will be far more complex than just recycling more, Leila Abboud and Leslie Hook tell Pilita Clark. Read Leila's article here or listen to Ellen MacArthur talk about the plastics in our oceans here.


Contributors: Pilita Clark, business columnist, Leila Abboud, consumer industries correspondent, and Leslie Hook, environmental correspondent. Producers: Fiona Symon and Persis Love.

 

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Can innovative finance help save the world’s wildlife?

Wildlife conservation used to be largely financed by wealthy donors and governments. Now, efforts to attract institutional investors are showing significant potential, as a recent Rhino Bond launched by the Zoological Society of London, the FT’s seasonal appeal partner this year, showed. Oliver Withers, ZSL’s head of conservation finance and Aunnie Patton Power, expert in innovative investing and impact finance talk to John Aglionby about the changing landscape of conservation financing. Visit the FT’s seasonal appeal page to donate here


Contributors: John Aglionby, assistant UK news editor, Oliver Withers, ZSL’s head of conservation finance and Aunnie Patton Power, expert in innovative investing and impact finance. Producer: Fiona Symon. Editor: Breen Turner

 

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Can electric car pioneer Tesla maintain its momentum?

Shares in Elon Musk’s pioneering electric car company Tesla have skyrocketed. Tom Braithwaite discusses whether the company will be able to maintain its current momentum and hold off competition from traditional carmakers with Jamie Powell and Richard Waters.


Contributors: Tom Braithwaite, companies news editor, Jamie Powell, Alphaville reporter, and Richard Waters, West Coast editor. Producer: Fiona Symon

 

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K-pop: shaped by fans and shaken by scandals

K-Pop has never been more popular. However, a recent string of high profile controversies including a rape conviction and two suicides have sullied the image of the Korean cultural export. Edward White talks to Patricia Nilsson about what makes a K-Pop star, why the singers are under so much pressure, and what the industry means to the country’s economy.


Contributors: Edward White, Seoul correspondent and Patricia Nilsson, Media reporter. Producer: Persis Love

 

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Republican $1tn plan, Paul Tucker on damage limits

The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.


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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Bank of Canada names Tiff Macklem as its next chief

Former deputy set to take over as country faces sharpest economic contraction in decades




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Martín Guzmán: Argentina cannot afford to pay creditors more

Even before Covid-19 struck, the country’s debt trajectory was out of control




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Can China win big in vaccine race with biotech bet

Nation’s pharma industry has matured but is still a lot better at incremental innovation than major breakthroughs




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Can governments afford the debts piling up to stabilise economies?

Two experts debate the long-term impact on inflation of the Covid-19 rescue packages




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UK Budget can slay the pessimism that fed populism

If stimulus is well targeted, Boris Johnson’s government may achieve something of elegance




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South African Airways close to collapse

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft




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South African Airways seeks bankruptcy protection

First state company to enter business rescue since end of apartheid




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African entrepreneurs pitch to Alibaba founder Jack Ma

Business contestants battle for $1m prize money in glitzy televised extravaganza




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South African Airways suspends some flights to save cash

State-backed carrier starts cancelling flights as vital government funding is delayed




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South African miners applaud move to cut reliance on Eskom power

Pretoria has waived rules that prevented mining groups generating electricity for their own use




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Anglo American ‘encouraged’ by South African move to loosen currency controls

Restrictions have hampered miner’s ability to move money out of the country




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African health officials warn of chronic medical shortages

Central African Republic has just three ventilators for its 5m people




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I’m buying a property — can I get a discount? 

Homebuyers trying to chip the price of property deals could be disappointed 




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Can I transfer my final-salary pension under lockdown?

Join a live discussion with FT’s pensions correspondent Josephine Cumbo at 12pm and 5pm UK time on Wednesday April 22 




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Virginia candidates in a race to the bottom

The campaign has shone an unflattering light on the state of politics in America




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John McCain, Republican senator, 1936-2018

Vietnam vet and old-school conservative whose friendships crossed the political aisle




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Even Covid-19 cannot damp partisanship

As the human and economic damage mounts, old political divides are likely to re-emerge




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Can we tackle both climate change and Covid-19 recovery?

Two experts debate whether shift to low carbon can push forward amid economic stress




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Cannabis remains an investment market worth watching

Promises of huge growth are yet to materialise — but there’s huge potential




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Private equity funds can help your portfolio scale heights

An esoteric choice they may be for private investors, but if you’re selective they can add value




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Latin American producers boosted by weaker currencies

Price in local currencies of commodities such as copper and coffee has surged




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Bayer faces 5,000 new lawsuits over pesticide cancer claims

Pharma and chemicals group says it will ‘defend itself vigorously’ amid mounting cases




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Bayer faces more claims over weedkiller cancer allegations

Rise in plaintiffs comes as German chemicals group reports 19% jump in sales




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BASF warns of ‘significant impact’ from coronavirus

German chemicals group blames Brexit and trade tensions for earnings fall




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Facebook stock spikes despite ‘significant reduction’ in demand for ads

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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Paige adds $5M from Goldman Sachs to double down on AI-based cancer therapies

Paige, the Sloan-Kettering spinout that has been building an artificial intelligence platform to improve cancer pathology and subsequently use those insights to develop better drug therapies, has raised an additional $5 million in funding to continue its work commercialising its platform and expanding its research reach, while also getting FDA clearance to launch in hospitals […]




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Bosch warns of ‘significantly’ steep recession for auto industry

Volkswagen and Daimler report billions of dollars in lost profits due to impact of coronavirus




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Shopify’s swift ascent stirs talk of Canadian ‘curse’

Online retailer hopes to avoid fate of non-banks whose value surpassed country’s biggest lender




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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Silver can offer more bang for your buck

Metal offers protection from sledgehammer approach to quantitative easing




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How can I protect my children’s savings from tax liabilities?

I am concerned about inheritance tax if my husband and I were to die prematurely