With Gideon Rachman, Janan Ganesh, Chris Giles and Sarah Gordon. Presented by Sebastian Payne.
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British expats and others from Dubai to New York voice their feelings about the EU referendum results. Visit FT.com/Brexit for more.
Contributions from Patrick McGee in Frankfurt, Adam Thomson in Paris, Simeon Kerr in Dubai and Gregory Bobillot in New York. Additional clips courtesy of Reuters.
Written for The Shirelles in 1960, Carole King and Gerry Goffin’s song nailed the insecurities of a new generation of women. Helen Brown looks at a classic of the female singer-songwriter canon
In an EU referendum special, Roger Blitz discusses the short and long-term consequences of the shock victory for the Leave camp with FX strategists Simon Derrick of BNY Mellon and Kit Juckes of Societe Generale. They also discuss where the pain will be felt the most.
During normal economic cycles, increasing credit hides an economy’s deeper problems, but when a financial crisis hits, all of that credit flips from shock absorber to shock multiplier. Professor of economics Alan Taylor explains his research. Then, FT journalists discuss some of the biggest shocks of 2016, including the change in perception at the Fed over what type of monetary policy would benefit the US economy. Visit FT.com/alphachat for show notes and links.
Republican presidential candidate Donald Trump showed signs of a shift in campaign strategy this week, firing his embattled campaign manager, Corey Lewandowski, and delivering a striking but carefully crafted speech attacking Hillary Clinton. The FT’s Courtney Weaver and Demetri Sevastopulo discuss whether the scripted candidate is here to stay and more.
The Tesla boss wants to create a trillion-dollar company by piecing together his different businesses to make a sustainable energy conglomerate, but Wall Street is not convinced. Ravi Mattu asks Richard Waters, the FT’s West Coast editor, and Ed Crooks, FT’s US energy editor, why.
Some people are so good at collecting air miles and hotel points that they live a life of luxury for a fraction of the cost, but how easy is this for the average person? FT Money deputy editorJames Pickford and guests also discuss the latest woes in the beleaguered annuities market, and whether or not retail investors should bother with private equity funds.
In the shadows of the Lava Jato probe into graft activity at state oil company Petrobras, prosecutors in Brazil are tackling another corruption investigation that could implicate dozens of Brazilian companies in allegations of tax evasion. All of those named or charged have denied wrongdoing or, in the case of distributor MMC Automotives, have declined to comment. The FT’s John Paul Rathbone talks to Samantha Pearson in Sao Paulo about the latest developments.
The Indian government announced welcome reforms to attract foreign investors this week. But India-watchers were distracted by the resignation of the much-respected head of the country’s central bank, Raghuram Rajan. Gideon Rachman discusses the future of prime minister Narendra Modi’s reform programme with the FT’s South Asia bureau chief Amy Kazmin and former Mumbai correspondent James Crabtree.