logo
episode-header-image
Jul 2022
10m 17s

ECB raises rates amid Italian turmoil

Financial Times
About this episode

Italian Prime Minister Mario Draghi resigns, the European Central Bank raises interest rates for the first time in more than a decade, Russia and Ukraine reach a deal to end a month-long grain blockade, and the FT’s Katie Martin explains why markets might rally when they see signs of a recession in corporate earnings reports. 


Subscribe to the FT News Briefing on Apple Podcasts or Spotify


Mentioned in this podcast:

Italy president calls snap elections after Draghi quits as PM

Deal on table for release of millions of tonnes of grain from Ukraine ports

ECB raises rates for first time in more than a decade


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. 


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
World Cup stirs up colonial past
OpenAI and Google are selling their advanced AI models to Chinese tech giants blacklisted by the Pentagon, and South Korea's SK Hynix is listing in the US on Friday in what could be the biggest share sale in America by a foreign company. Plus, the World Cup has led to match-ups w ... Show More
11m 3s
Yesterday
The cost of a broken ceasefire
The US struck Iran for the second night in a row, and the IMF warned that renewed conflict in the Middle East would drive up global inflation. Plus, US oil producers and refiners are set to post record profits from the Iran war. Mentioned in this podcast:Nato summit live news: Tr ... Show More
9m 48s
Jul 8
Marine Le Pen’s risky comeback
US President Donald Trump threatened to remove all American troops from Europe and is reviving his calls to take over Greenland, French far-right leader Marine Le Pen said she will run for president, and Reform UK leader Nigel Farage resigned as an MP to force a by-election in wh ... Show More
11m 58s
Recommended Episodes
May 2022
Stocks Close Higher After Fed Raises Interest Rates
Why are some economists saying the biggest interest rate hike in more than two decades should help us all in the United States and bring prices on everyday items down? Plus, Ukrainian forces push back against Kremlin fighters trying to storm the Mariupol steel plant while civilia ... Show More
1h 18m
Dec 2023
Wall Street CEOs Anger, Sunak Loses Minister & Egypt's Growing Leverage
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. (2)  Senate Republicans b ... Show More
17m 10s
Feb 2022
Action pact: NATO’s Ukraine role
Our correspondent speaks with Jens Stoltenberg, NATO’s secretary-general, who says the alliance’s involvement in de-escalating Russia tensions is a sign of its <a href="https://www.economist.com/briefing/2022/01/08/russias-menacing-of-ukraine-is-unlikely-to-induce-nato-to-retreat ... Show More
23m 20s
Jul 2022
Knock-down, Draghi-out fight: Italy in turmoil
<p>For the second time in a week, Prime Minister Mario Draghi has tendered his <a href="https://www.economist.com/europe/2022/07/14/mario-draghi-italys-prime-minister-tries-and-fails-to-resign?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=di ... Show More
22m 40s
Mar 2021
Italy’s make or break moment
<p>Ben Hall, the FT’s Europe editor, discusses Italy as former European Central Bank chief Mario Draghi takes on the premiership. How Draghi decides to spend up to €200bn in grants and loans from the EU recovery fund will be crucial, not just for Italy, but for the future directi ... Show More
25 m