Gulf monarchies raised virtually $10bn in non-public gross sales of bonds this month, oil shortages are coming if the Strait of Hormuz stays closed, and US President Donald Trump has renewed his menace to fireplace Federal Reserve chair Jay Powell. Plus, a second China shock is hitting the worldwide financial system, and Allbirds is pivoting from wool sneakers to AI.
Talked about on this podcast:
Gulf states turn to private deals in $10bn wartime borrowing spree
Oil shortages are coming, and with them some difficult questions
Trump threatens to fire Jay Powell and refuses to halt criminal probe
China shock 2.0: the flood of high-tech goods that will change the world
Allbirds is turning into an AI compute provider, because of course it is
Notice: The FT doesn’t use generative AI to voice its podcasts
Immediately’s FT Information Briefing was hosted by Victoria Craig, and produced by Saffeya Ahmed, Fiona Simon and Sonja Hutson. Our present was combined by Sam Giovinco. Further assist from Gavin Kallmann. Our government producer is Topher Forhecz. Cheryl Brumley is the FT’s International Head of Audio. The present’s theme music is by Metaphor Music.
