How community banks were small business saviours during the pandemic
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The US withdrawal and Taliban takeover leads to inflation, cash shortages and economic insecurity
Read a transcript of this episode on FT.com
The US tomorrow will withdraw all of its troops from Afghanistan and the country faces a potential economic catastrophe. The International Monetary Fund’s chief economist warns that emerging market economies can’t afford another ‘taper tantrum.’ Plus, FT contributing editor, Brendan Greeley, explains how US community banks played an instrumental role in keeping small businesses alive during the pandemic.
Afghanistan faces ‘catastrophe’ as economy goes into meltdown
IMF’s Gopinath says emerging economies can’t afford ‘taper tantrum’ redux
How US community banks became ‘irreplaceable’ in the pandemic
Wearables company Whoop valued at $3.6bn after SoftBank investment
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.
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