China’s President Xi visits North Korea to talk nuclear programme
6/8/202612 min
Iran and Israel trade fire testing a two-month ceasefire, and Chinese President Xi Jinping arrives in Pyongyang for his first trip to North Korea in seven years. Plus, software buyout deals have collapsed to the lowest levels since the Covid-19 pandemic, and the head of the OECD has warned governments around the world not to go it alone in taxing large multinationals.
Mentioned in this podcast:
Israel launches retaliatory air strikes on Iran
Trump says Netanyahu will have ‘no choice’ but to accept a deal with Iran
Software buyout deals collapse to lowest level since pandemic after AI rout
Xi Jinping heads to North Korea for first trip in 7 years
OECD chief urges governments not to go it alone on digital taxation
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The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Alex Higgins. Additional help from Peter Barber. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips 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 secondsVictoria Craig· Host0:00
[theme music] Good morning from the Financial Times. Today is Monday, June 8th, and this is your FT News Briefing. Israel and Iran trade fire in fresh escalation of the Middle East war, and China's president heads to North Korea today as Pyongyang ramps up its nuclear rhetoric. Plus, the head of the OECD is warning countries about implementing their own taxes on big multinationals.
Sam Fleming0:29
If you start to see kind of fractured, fragmented approach, it could create more trade tensions, and so it could end up being bad for business and bad for trade and bad for everyone.
Victoria Craig· Host0:39
I'm Victoria Craig, and here's the news you need to start your day. [theme music] In the early hours of this morning, Israel said that its Air Force struck military targets in Western and Central Iran. The attack came hours after Iran launched multiple rounds of ballistic missiles at Israel. The exchange of fire is the most serious test so far of a fragile truce that went into effect between the two adversaries in April. The escalation began after Israel carried out a strike in Beirut on Sunday that it said targeted Iranian-aligned militant group Hezbollah. Iran's Revolutionary Guard earlier warned that if Israel retaliated,