About this episode
US consumer prices rose more than forecast in June, hitting an annual pace of 9.1 per cent, and investors are shunning 20-year US government bonds. Plus, a clash of cultures and geostrategic interests sank a German-Chinese joint venture competing in the new space race. This episode states Canada raised its interest rates by a 'full basis point' when we mean 'full percentage point'. We regret the error Mentioned in this podcast: US inflation hit 9.1% in June putting further pressure on Fed Ukraine and Russia making progress on grain talks, says UN The corporate feud over satellites that pitted the west against China FT Live Event: Britain after Boris Johnson ft.com/afterjohnson 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.