China’s state iron ore buyer flexes muscles

The EU is proposing a new way to allow Ukraine to join the bloc, and it was the best year for US investment banks since 2021. Plus, a look into the iron ore market and the role China is playing in it, and a preview of the World Economic Forum in Davos. Mentioned in this podcast:EU ‘membership-lite’ plan for Ukraine spooks European capitalsJamie Dimon warns Trump administration’s attacks on Fed could boost inflationChina’s state iron ore buyer flexes muscles in talks with global minersBehind the Money podcast: Davos’ fight for relevance FT subscription sale here.Note: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Mischa Frankl-Duval, Fiona Symon, Victoria Craig and Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley 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.