Brussels’ plan to ease the energy crisis
4/20/202612 min
US President Donald Trump said he’s sending senior officials to Pakistan for new negotiations with Iran, the European Commission will encourage remote working and public transport subsidies to cut fossil fuel use, and FTSE 100 companies boosted chief executives’ pay by almost a fifth in the past year. Plus, there’s a new craze hitting Wall Street: super-charged tax-loss harvesting.
Mentioned in this podcast:
Donald Trump to send US officials to Pakistan for fresh peace talks with Iran
Brussels pushes remote working to ease energy crisis
FTSE bosses receive 18% pay bump this year in global fight for talent
The tax-focused hedge fund craze taking over Wall Street
Note: The FT does not use generative AI to voice its podcasts
Today’s FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed and Victoria Craig. Our show was mixed by Alex Higgins. Additional help from Peter Barber. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript preview
First 90 secondsSonja Hutson· Host0:00
[intro music] Good morning from the Financial Times. Today is Monday, April twentieth, and this is your FT News Briefing. Donald Trump wants to restart talks with Iran and Brussels is using the energy crunch to push renewables. Plus, we look at a controversial new craze on Wall Street, it's tax loss harvesting, but this time it's turbocharged. I'm Sonia Hudson, and here's the news you need to start your day. [news intro music] US President Donald Trump says he's sending senior officials to Pakistan to negotiate with Iran again. He told Fox News his son-in-law, Jared Kushner, and special envoy, Steve Witkoff, would arrive in Islamabad today. The previous round of talks were led by Vice President JD Vance. But Iranian state affiliated media said Tehran won't send anyone to the talks, not until the US lifts its naval blockade of Iranian ports. The two sides still have many sticking points, including Tehran's stockpiles of highly enriched uranium and how the Strait of Hormuz will be governed. [musical interlude] The European Commission is pushing remote work and public transportation subsidies to cut fossil fuel use. Brussels is trying to