
The FT News Briefing for December 12th covers several global news stories. First, it reports on the sentencing of crypto tycoon Do Kwon to 15 years in prison for fraud related to the collapse of Terra USD and Luna tokens. Then, the briefing discusses Disney's $1 billion investment in OpenAI, exploring the implications for the entertainment industry and the use of AI with Disney characters, while also addressing Disney's concerns about copyright infringement. Next, the podcast touches on the controversy surrounding the high prices for tickets to the upcoming World Cup matches in North America. Finally, the briefing analyzes the upcoming presidential election in Chile, focusing on right-wing candidate Jose Antonio Kast and his policy proposals related to crime, immigration, and the economy. The briefing concludes with a brief update on the war in Ukraine, including a revised peace proposal and discussions on using frozen Russian assets to fund a loan to Ukraine.
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