<p>Israel expects war against Iran to last weeks and Ayatollah Khamenei’s son emerges as a leading candidate for supreme leader. Plus, the Federal Reserve grants crypto exchange Kraken access to its core payments system, inside the collapse of UK property lender Market Financial Solutions, and US Treasury secretary Scott Bessent says the new 15% tariff rate could start this week.&nbsp;</p><br><p><strong>Mentioned in this podcast:</strong></p><p><a href="https://www.ft.com/content/b71ef4e2-d008-49fd-99f8-3c89fdab0d9f?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Ali Khamenei’s son Mojtaba emerges as a leading candidate for supreme leader of Iran</a></p><p><a href="https://www.ft.com/content/865dab47-f9b8-4c81-88e6-15894cbda58c?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Gulf insurance costs soar 12-fold despite Trump guarantee</a></p><p><a href="https://www.ft.com/content/d84aea52-0cdd-4f8c-a08d-d14925b5b6ab?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Federal Reserve grants Kraken access to payments system in first for crypto group</a></p><p><a href="https://www.ft.com/content/6731dc3d-d43b-487a-a6f2-e6c8b2a7ac92?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Collapse of UK property lender sends shockwaves through Wall Street</a></p><p><a href="https://www.ft.com/content/8f1b913a-edfc-4fad-a9d7-434dfdcd81bb?accessToken=zwAAAZ1U2d9CldO3HvTi0AhJ_dOZ-DyJ_asNn9OGXatH-bhMgdOI5hWJTL2ljNPYSupSDN1PjNOgjdFJJbW2q89nMdw91DtIetOm8ubIsqesktOPG5E67fxPrdOp10NN_c2BuwE.MEUCIEC308q-rYluZe7eoXzxl2hPwiz8SgDzVZ_rdT6yTYdKAiEArzZcM3Uuxx7YR85dk65kpzQiE0EXiUPa-j8BtTsR-5Y&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Scott Bessent says 15% global tariff ‘likely’ to be imposed this week</a></p><p>Send your tariffs stories to [email protected]</p><br><p>Note: The FT does not use generative AI to voice its podcasts&nbsp;</p><br><p>Today’s FT News Briefing was hosted and edited by <a href="https://www.ft.com/marc-filippino" rel="noopener noreferrer" target="_blank">Marc Filippino</a>, and produced by Fiona Symon, Victoria Craig, and Henry Larson.&nbsp;Our show was mixed by Kelly Garry. Additional help from David da Silva. 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.</p><br><p><a href="https://www.ft.com/content/60127f29-0dc0-42d3-ab38-6265cbbdc421" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>