7 min listen
Crypto collapse hits black Americans hard
FromFT News Briefing
ratings:
Length:
9 minutes
Released:
Jul 11, 2022
Format:
Podcast episode
Description
Twitter is mounting legal action against Elon Musk as he tries to terminate the deal to buy the social media company, black Americans’ higher exposure to cryptocurrencies has left them more vulnerable to the financial downturn, Cairo’s storied houseboats have been removed as part of bigger changes that many fear will destroy heritage and green space in the Egyptian capital.Mentioned in this podcast:Experts say Musk faces uphill battle for victory in Twitter legal fightTwitter hires Wachtell legal firm to sue Elon Musk for ending $44bn acquisitionCrypto collapse reverberates widely among black American investorsCairo houseboats adrift in storm over developmentThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
Released:
Jul 11, 2022
Format:
Podcast episode
Titles in the series (100)
Tuesday, October 16: The US response to Riyadh, Italy’s bold budget plans and Theresa May’s day of wrangling before heading to Brussels. Plus, what investors will be watching for when Netflix releases third quarter results later today. by FT News Briefing