EU policy could ice out closest trading partners

欧盟政策可能将最亲密的贸易伙伴排除在外

FT News Briefing

2026-08-28

11 分钟
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单集简介 ...

Saudi Arabia’s sovereign wealth fund has replaced the chief executive at one of the country’s flagship real estate mega-projects, and global issuance of zero-interest convertible bonds is on track for a record year. Plus, the EU’s closest economic partners are worried about Brussels’ increasingly protectionist policies, and Britain’s Prime Minister Andy Burnham sought to calm corporate nerves in an interview with the FT.  Mentioned in this podcast: Saudi Arabia shakes up flagship real estate project Zero-interest convertible bonds set for record year EU industrial push strains ties with Switzerland and Norway Andy Burnham pledges to ‘take pressure off’ business ahead of October Budget Listen to Political Fix on Apple Podcasts, Pocket Casts or Spotify. Want to get in touch? Email us at podcasts@ft.com Note: The FT does not use generative AI to voice its podcasts  The FT News Briefing is produced by Victoria Craig, Sonja Hutson, and Saffeya Ahmed. Our show is mixed by Sam Giovinco and Kelly Garry. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. 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 Hosted on Acast. See acast.com/privacy for more information.
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单集文稿 ...

  • Good morning from the Financial Times.

  • Today is Friday, August 28th, and this is your FT News Briefing.

  • Saudi Arabia's sovereign wealth fund is shaking things up again,

  • and convertible bonds with no interest are having a field day.

  • Plus, EU trade restrictions are hurting other European countries.

  • It's definitely painful because we use their biggest market.

  • I'm Sonia Hudson in for Mark Filipino, and here's the news you need to start your day.

  • Saudi Arabia's Sovereign Wealth Fund is replacing the CEO of one of its flagship mega projects.

  • It's part of a wave of changes across a massive portfolio of subsidiaries owned by the Public Investment Fund, or PIF.

  • Many of those projects have suffered cost overruns in recent years.

  • I'm joined now by the FT's Middle East editor, Andrew England,

  • to talk more about what this means for the country's ambition to modernize.

  • Hi, Andrew.

  • Hi, Sonia.

  • So tell me about this project called New Maraba and its new leadership.

  • Yeah, New Maraba was launched by Crown Prince Mohammed bin Salman in 2023. It's kind of another

  • one of the highly ambitious mega projects, giga projects that he's spearheading to transform and modernize Saudi Arabia.

  • His big thing for the past decade is trying to prepare it for another future.

  • New Maraba was designed or is intended to...

  • Create a whole sort of new downtown in Riyadh.

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