As inequality grows, welfare costs soar and technological disruption escalates, many people are growing warmer to the idea of a guaranteed basic income for everyone, say John Thornhill and Ralph Atkins. Switzerland, which votes on the UBI in June, is not the only country considering a new social model
Written in a log cabin when Bon Iver had all but given up, “Skinny Love” was an unlikely pop hit. Richard Clayton investigates its rise, from covers by Birdy and Ed Sheeran to X Factor hopefuls the world over.
Credit: 4AD, Atlantic, Elle, Sunbiz Sessions, X Factor
Guy Debelle, assistant governor at the Reserve Bank of Australia, discusses with Cardiff Garcia and Matt Klein how decisions by the Federal Reserve have an effect on Australian monetary policy (and how they don’t), Australia’s experience with capital account liberalisation, fluctuations in the Chinese economy, and the foreign exchange code of conduct from the Bank of International Settlements.
A fall in the yuan’s daily fix to a five-year low has the market wondering whether China is heading for another bout of currency devaluation jitters. Paul McNamara of GAM tells Roger Blitz that a strong dollar is bound to cause problems for China, but not on the scale of previous episodes of FX volatility.
US-backed forces this week launched an attack on Raqqa in Syria, close to the de facto capital of the Islamic State, as the Iraqi government launched its own attack on Fallujah. Siona Jenkins asks the FT’s Middle East correspondent Erika Solomon if the two assaults on Isis-held territory were related.
Will another report criticising Hillary Clinton’s use of a private email server haunt her presidential campaign? Why is Bernie Sanders sticking out the rest of the Democratic race? The FT’s Demetri Sevastopulo and Courtney Weaver discuss this and more from Washington, D.C. Clips courtesy of Reuters.
President Barack Obama used a visit to Hanoi this week to announce that the US was ending a 50-year arms embargo on Communist Vietnam, in the latest push to strengthen opposition to China’s territorial ambitions in Asia’s seas. Michael Peel, the FT’s Bangkok correspondent, reports.
Austria came within a whisker of electing a far-right candidate as its head of state this week. As EU leaders breath a collective sigh of relief, World News editor Ben Hall discusses the ramifications of the election with the FT’s Austria correspondent Ralph Atkins and Brussels bureau chief Alex Barker.
You can listen to the FT's Podcasts directly on this page, listen on Stitcher, or subscribe to our Podcasts on iTunes. To listen to earlier episodes, select the show title from below or view a month from the Podcast Archive.