Germany’s pension crisis

德国养老金危机

FT News Briefing

2025-08-26

10 分钟
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US President Donald Trump said he was firing Federal Reserve governor Lisa Cook, shares in Ørsted plunged after the Trump administration halted one of the Danish wind farm developer’s almost-completed projects, and Elon Musk’s xAI has sued Apple and OpenAI alleging they broke antitrust rules. Plus, Germany’s government is encouraging young people to invest in the stock market rather than rely on the country’s flailing pension programme.  Mentioned in this podcast: Trump says he is firing Fed governor Lisa Cook ‘effective immediately’ Musk’s xAI sues Apple and OpenAI over ChatGPT and iPhone integration Germany’s pensions crisis: can €10 a month change how people invest? Ørsted shares plunge to record low after US government halts project Today’s FT News Briefing was produced by Sonja Hutson and Marc Filippino. Additional help from Blake Maples and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Good morning from the Financial Times.

  • Today is Tuesday, August 26th, and this is your FT News briefing.

  • Donald Trump says he's removing a top Federal Reserve official,

  • and the wind farm developer Orsted received another blow yesterday.

  • Plus, Germany is giving money to kids to invest in the stock market.

  • I'm Mark Filippino, and here's the news you need to start your day.

  • U.S.

  • President Donald Trump said last night he's firing a governor at the Federal Reserve.

  • It is a major escalation of his attacks on the central bank.

  • Trump said on Monday there was, quote,

  • sufficient reason to believe Lisa Cook had made false statements on mortgage agreements which gave him cause to fire her.

  • The Fed declined to comment.