In light of US president Barack Obama’s historic trip to Havana co-hosts Cardiff Garcia and Shannon Bond discuss the state of the Cuban economy, including the evolution of the dual currency system, new opportunity for foreign investment and Mr Obama’s attempt to claw away at the trade embargo. Then, economist Caroline Freund describes the relationship between the emergence of billionaires in poor countries and the ability of those countries to move quickly up the development ladder, the topic of her new book Rich People, Poor Countries. Visit FT.com/alphachat for show notes and links.
Iraq has announced the beginning of a long-awaited campaign to recapture Mosul from Islamic State forces. It is hoping to push the Islamists out of the city by the end of the year. Siona Jenkins asks Erika Solomon, the FT’s Middle East correspondent, what are the chances of success.
A political crisis is threatening to cut short the presidency of Dilma Rousseff in Brazil. Gideon Rachman is joined by John Paul Rathbone and Samantha Pearson to discuss the Petrobras scandal, the impeachment process and the economic meltdown that have all contributed to the crisis.
A UK report on women in finance, led by Jayne-Anne Gadhia, head of Virgin Money, has found that women occupy only 14 per cent of top jobs in the sector. FT banking correspondent Emma Dunkley spoke to Ms Gadhia about how to fix the problem.
Patrick Jenkins and guests discuss the latest UK report on women in finance, led by Jayne-Anne Gadhia, head of Virgin Money, the outlook for misconduct penalties, and why Italian banks are viewed so bearishly by investors.
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