Donald Trump’s election victory has sent shockwaves across the renewable energy industry, and China has announced fiscal stimulus to bail out local governments. Bitcoin hit $80,000 for the first time as cryptocurrency investors anticipate looser regulations under Trump, and Argentina’s legal battles could complicate President Javier Milei’s attempts to fix the country’s struggling economy.

Mentioned in this podcast:

Trump election victory deals blow to US clean energy industry

China unveils $1.4tn package to shore up economy

Bitcoin hits high as Trump records clean sweep of seven swing states

Litigation ‘tsunami’ breaks over Argentina’s President Javier Milei

Credit: MARA

The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. 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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China’s $1.4tn fiscal package fails to excite

FT News Briefing

China’s $1.4tn fiscal package fails to excite