President Donald Trump backed away from threats to force a quick reopening of the US economy by unveiling guidelines for states, and US stock market futures rose 3 per cent late on Thursday after a report suggested a Gilead coronavirus drug had shown positive results in a clinical trial. Then,in an interview with the FT, French president Emmanuel Macron warned of the collapse of the EU as a “political project” unless richer states help economies such as Italy recover from the coronavirus pandemic. Plus, the FT’s Middle East editor, Andrew England, explains how Gulf sovereign wealth funds are mobilising to buy assets whose valuations have been hit hard by the outbreak.

For information regarding your data privacy, visit

A transcript for this podcast is currently unavailable, view our accessibility guide.

Get alerts on FT News Briefing when a new story is published

Copyright The Financial Times Limited 2021. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Comments have not been enabled for this podcast.

Follow the topics in this podcast