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Leonard Cohen and Paul McCartney: is there life in the old dogs yet?

The arts podcast reviews new albums by two of the most venerable singer-songwriters around: Leonard Cohen's "Old Ideas" and Paul McCartney's "Kisses on the Bottom". Have they still got it? Does their latest work speak to modern times? And just what are we to make of Macca's album title? Neville Hawcock is joined in the studio by Ludovic Hunter-Tilney, FT pop critic, Peter Aspden, FT arts writer, and Gautam Malkani, FT writer and novelist. Produced by Griselda Murray Brown  


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The Bauhaus revisited

In 1919 Walter Gropius founded the Bauhaus school in Weimar, Germany "to create the new structure of the future". Its teaching combined fine art with craft, and its adherents saw design as the key to a better way of life. Were its utopian aims misguided? What is its relevance today? On the opening of a major exhibition at the Barbican Centre in London, Neville Hawcock puts these questions to Lydia Yee, co-curator of the show; Edwin Heathcote, FT architecture critic; and Peter Aspden, FT arts writer. Produced by Griselda Murray Brown  


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Who's afraid of Pina Bausch?

The late choreographer and high priestess of Tanztheater Pina Bausch once said she was not interested in how people move but in what moves them. As part of the London 2012 Cultural Olympiad, the Barbican Centre and Sadler’s Wells will stage Bausch's 10 Cities. Peter Aspden talks to Alistair Spalding, artistic director of Sadler’s Wells and a friend of Bausch, and to FT dance critic Clement Crisp, who “owns to a mistrust of Tanztheater, or dance-theatre, or Euro-tedium – call it what you will.” Produced by Griselda Murray Brown  


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Auteur ego: Peter Aspden on Bertolucci

A new film portrait of the Italian director reveals a man unafraid to confront difficult questions. It’s a kind of artistic responsibility that now feels old-fashioned, the FT’s arts writer says  


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Rubble cause: Peter Aspden on ‘Ruin Lust’

Tate Britain’s new show explores our fascination with ruins. But where yesterday’s aficionados looked to the remains of ancient civilisations, today’s ruinous visions are of the future  


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Marxist melodies: Laura Battle on music from the left

A developing theme in new music sees artists navigating the fine line between criticism and complicity - and revelling in the contradictions.  


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Bureaucracy: friend or foe?

The anarchist and anthropologist David Graeber discusses both the stupidity and secret joys of bureaucracy with the FT's Martin Sandbu and Lucy Kellaway  


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The Life of a Song: Auld Lang Syne

A ballad as much about reunions as separations, Auld Lang Syne can signify everything from the year's end, to closing time in Japanese department stores. David Cheal explores the many incarnations of this sentimental Scottish song. Credit: Culburne Records; Lismor Recordings; Anti/Epitaph  


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The Life of a Song: Because the Night

Fiona Sturges follows Patti Smith's lustful 1970s song of youthful abandon. Credits: Arista, Columbia, Coqueiro Verde Records, Stun Volume  


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Coffeeland by Augustine Sedgewick — the Java script

A history of coffee and its role in global capitalism is fact-filled and entertaining if occasionally over-caffeinated




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Saudi Arabia repatriating thousands of migrants back to Ethiopia

UN official warns mass deportations risk spread of coronavirus to the region




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Default at South Africa’s Land Bank increases pressure on Ramaphosa

Century-old agriculture lender is latest state group in need of government support




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Good cause to celebrate a woman in the chair

Olga Zoutendijk’s appointment as chair of ABN Amro is a landmark, and the bank is better for it




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My best bordeaux ever

‘The wines are delightfully ripe but they also have an admirable spine of acidity and tannin’




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Bordeaux’s charming – and charmless – 2010s

‘These long-lived wines need time in bottle to soften and become truly appealing; the best examples can continue to improve for decades’




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Premier League sought action on Saudi piracy claims before Newcastle deal

English football’s top division wrote to US government over Saudi’s alleged illegal screening of matches




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Australia’s Lynas warns on rare earths supply chain 

Main non-China producer says it may need public funds to weather coronavirus downturn




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Glencore’s Zambia CEO detained by authorities

Lusaka ups ante in dispute over shuttered copper mine




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Brazil’s supreme court authorises investigation into Bolsonaro

Former justice minister had accused president of political interference in police work




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Argentina’s century bond caught in dash for exit

Just two years ago investors rushed to snap up 100-year debt sold by Buenos Aires




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Argentina heads for ninth sovereign debt default

Analysts expect the country to make bondholders an offer they cannot accept




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Julien Sevaux on lessons from European revolutions

Stanhope co-founder and Worms family heir says Warren Buffett and 1848 inspired his new venture




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Wave of corporate defaults owes much to foolhardy share buybacks

Big investors must adopt a tougher stance on balance sheet resilience




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Lagarde urges eurozone to launch joint fiscal stimulus

Economic hit of coronavirus risks exacerbating bloc’s divergence, ECB president warns




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Saudi Aramco's oil deal with India's Reliance Industries

Saudi Arabia's state oil company Aramco is making a high stakes investment in India as the world’s largest crude oil exporter seeks to deepen its ties with the fastest growing energy consumer. Tom O’Sullivan discusses the proposed investment, announced by Reliance Industries chairman Mukesh Ambani, with Benjamin Parkin and Anjli Raval.


Contributors: Tom O’Sullivan, deputy analysis editor, Benjamin Parkin, Mumbai correspondent, and Anjli Raval, senior energy correspondent. Producer: Fiona Symon

 

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Shake-up at the heart of the Saudi oil industry

Saudi Arabia has removed energy minister Khalid al-Falih, one of the most powerful figures in the global oil industry, and replaced him with a member of the royal family, Prince Abdulaziz bin Salman. Katie Martin discusses the significance of the shake-up and how it relates to the Crown Prince’s ambitious plans for an IPO of state oil company Aramco with David Sheppard, Energy Editor, and Andrew England, Middle East editor.


Contributors: Katie Martin, capital markets editor, David Sheppard, energy editor, and Andrew England, Middle East editor. Producer: Fiona Symon

 

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Why would Iran attack Saudi Aramco's oil facilities?

A devastating missile and drone attack on Saudi oil installations last week highlighted the vulnerability of global oil supplies to the threat of regional unrest. The attack was claimed by Houthi rebels fighting Saudi-backed forces in neighbouring Yemen, but Saudi and US officials were quick to point the finger of blame at Iran. Geoff Dyer discusses the repercussions of the attack for the region and the oil market with Andrew England, Middle East editor, and Anjli Raval, senior energy correspondent.

 

Contributors: Geoff Dyer, analysis editor, Andrew England, Middle East editor, and Anjli Raval, senior energy correspondent. Producer: Fiona Symon

 

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Russia's undaunted voice of dissent

Alexei Navalny has been a thorn in the side of Russia’s President Vladimir Putin for a decade, braving persecution and imprisonment and remaining apparently undaunted. Max Seddon met him for lunch in a food court in southeast Moscow and he tells Alec Russell, editor of FT Weekend about the encounter.


Contributors: Alec Russell, editor of FT Weekend, and Max Seddon, Moscow correspondent. Producer: Fiona Symon

 

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UK election heralds end of austerity

Britain's party leaders have made lavish promises to win favour with voters ahead of next month's election. Chris Giles, FT economics editor, discusses the main parties' pre-election pledges and their likely impact on the economy with Siona Jenkins.


Contributors: Siona Jenkins, editor, UK news, and Chris Giles, economic editor. Producers: Fiona Symon and Persis Love

 

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Paul Volcker's message for the next generation

Paul Volcker, who died at the weekend, was one of the most influential monetary policy makers of the 20th century. The FT’s Gillian Tett spoke to the former central banker at his home in New York last year about his views on good government, regulating finance and US China relations. In this podcast, she shares some excerpts from the conversation.


Contributors: Katie Martin, markets editor, and Gillian Tett, chair of the FT editorial board (US). Producers: Fiona Symon and Aimee Keane

 

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Exposing the problem with default data

Caroline Criado-Perez won the latest Financial Times and McKinsey Business Book of the Year Award with her book Invisible Women: Exposing Data Bias in a World Designed for Men. She spoke to Andrew Hill, the FT’s management editor, about the consequences for women and for society as a whole of using men as the default model.


Contributors: Andrew Hill, management editor, and Caroline Criado Perez. Producers: Marc Filippino and Fiona Symon

 

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Will coronavirus cause a global recession?

As the coronavirus continues to spread, what is the risk that this will push the global economy into recession and what can central bankers and policymakers do to help avoid this? Katie Martin discusses the economic shock caused by the virus with the FT's economics editor Chris Giles.


Contributors: Katie Martin, capital markets editor, and Chris Giles, economics editor. Producers: Fiona Symon and Andrew Georgiades

 

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Republican $1tn plan, Paul Tucker on damage limits

The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.


Friday, March 20

Republicans in the US Senate have introduced legislation to inject more than $1tn of fiscal stimulus into the economy as it grapples with the coronavirus outbreak. Sir Paul Tucker, the former deputy governor of the Bank of England and current chair of the Systemic Risk Council, says it’s time for policymakers and bankers to prepare for a wartime setting if conditions deteriorate. Plus, the only US drugmaker that makes a potential treatment for the coronavirus raised the price nearly 100 per cent in January as the outbreak wreaked havoc in China. 

 

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Argentina ready to consider ninth sovereign default, says Guzmán

Finance minister tells FT that government has rejected counter-offer from BlackRock-led group of creditors




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Cocaine trade caught in disrupted global supply chains

Drugs traffickers hit by coronavirus-induced slowdown and seizures, says UN agency




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Fauci praises remdesivir after data show it speeds recovery

US-run trial of Gilead coronavirus therapy demonstrates ‘significant positive effect’




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FDA gives emergency authorisation to remdesivir

US-led trial shows positive results in hastening recovery time for coronavirus patients




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Call to overhaul plasma rules to speed up potential virus therapy

Industry highlights bottlenecks in access to materials that are a possible Covid-19 treatment




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Brookfield launches $5bn rescue fund for retailers

Investment group that owns US malls pledges to help groups weather coronavirus crisis




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Colony Capital reveals $3.2bn default on portfolio company loans

Trump ally Tom Barrack’s investment group in talks with lenders over hotel and nursing home debt




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Saudi Aramco does not rule the world

The valuation of an energy company cannot be engineered like the production of oil




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Saudi Telecom to pay $2.4bn for Vodafone Egypt stake

Prospective deal comes as Riyadh-listed STC seeks to expand regionally




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South African miners applaud move to cut reliance on Eskom power

Pretoria has waived rules that prevented mining groups generating electricity for their own use




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Takeaway suitor Naspers flaunts $8bn takeover budget

South African ecommerce group insists it remains in acquisition mode




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Coronavirus latest: Spain’s Sánchez urges caution as lockdown is eased




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Robots/Covid-19: automation rations

Pandemic may spur greater use of robotics in food industry to cater for virus-wary customers




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Australia’s biggest pension fund says investors will withdraw billions

Executive points to ‘heaps of liquidity’ as members get access to cash due to coronavirus




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Herman Wouk, author, 1915-2019

A prolific American talent who defied the snobbery of literary critics




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Robert Morgenthau, Manhattan district attorney, 1919-2019

He became the scourge of the Mob and white-collar crime in New York




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P&G sales boom as stay-at-homers do more laundry

Cleaning products up, shaving items and make-up down in household goods group’s best quarter in years