Moody’s Investors Service advised staff in China to work from home ahead of its cut to the outlook for the country’s sovereign credit rating, Palestinians in Gaza are running out of places to evacuate to, and oil prices have fallen to their lowest level in five months. Plus, the FT’s Christopher Miller explains what would happen on the ground in Ukraine if western aid dries up.

Mentioned in this podcast:

Moody’s advised staff to work from home ahead of China outlook cut

Joe Biden says Republican refusal to fund Ukraine is a ‘gift’ to Vladimir Putin

Kyiv’s political feuds cause cracks in Ukrainian unity

Shattered Israel-Hamas truce leaves Gaza’s civilians with nowhere left to run

Republicans tell Joe Biden US aid to Kyiv depends on immigration curbs

EU budget dispute threatens €50bn war lifeline for Ukraine

Oil slumps to lowest in five months despite Opec+ production cuts

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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The humanitarian crisis worsens in Gaza

FT News Briefing