The UK and US are set to announce deeper co-operation on digital assets such as cryptocurrencies, a UN commission concluded that Israel has committed genocide against Palestinians in Gaza, and Mario Draghi has warned that the EU’s economic competitiveness is on the retreat due to “inaction” by Brussels. Plus, Donald Trump’s administration is shifting the balance of power from shareholders to company bosses.

Mentioned in this podcast:

UK set to announce closer co-operation with US on cryptocurrencies

Israel launches ground invasion of Gaza City

EU economy falls behind global rivals due to ‘complacency’, warns Mario Draghi

Donald Trump tilts balance of power from investors to CEOs

Today’s FT News Briefing was produced by Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kelly Garry and Michael Lello. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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Trump shifts power from shareholders to bosses

FT News Briefing