The head of the operator of the Panama Canal has warned that a $23bn global ports deal could put the waterway’s neutrality mandate at risk, Donald Trump is testing the limits of presidential power by sending troops to Los Angeles, and Warner Bros Discovery will split into two publicly traded companies. Plus, Brazil is hoping to sell its first sovereign debt in the Chinese market to strengthen trade and investment ties.

Mentioned in this podcast:

Panama Canal boss warns MSC ports deal threatens principle of neutrality

Trump administration to deploy hundreds of Marines in Los Angeles

Donald Trump tests limits of presidential authority by sending troops into Los Angeles

Warner Bros Discovery to split its TV and streaming businesses

Brazil plans panda bond as Lula looks to bolster ties with China

Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Mischa Frankl-Duval and Marc Filippino. Additional help from Blake Maples, David da Silva and Gavin Kallmann. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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