President Donald Trump said Lebanon and Israel had agreed to a 10-day ceasefire, the US Treasury’s status as the world’s lowest-cost dollar borrower is facing a fresh challenge, and Netflix’s chair and founder is stepping down. Plus, Iran secretly acquired a Chinese spy satellite that has helped it target US military bases across the Middle East during the war, and shares in the world’s biggest chocolate maker aren’t looking so sweet.

Mentioned in this podcast:

Israel and Lebanon agree 10-day ceasefire, Trump says

US’s status as lowest-cost dollar borrower challenged as investors shun Trump risk

Netflix founder Reed Hastings to step down from board

Iran used Chinese spy satellite to target US bases

Shares at world’s biggest chocolate maker Barry Callebaut plunge as cocoa prices collapse

Credit: BBC

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed, Victoria Craig, and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, David da Silva, and Michela Tindera. 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

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Fresh challenge for US Treasuries dominance

FT News Briefing