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From cyber attacks against nuclear sites to mysterious explosions at military bases, Israel has mounted dozens of covert operations against Iran during its decades-long shadow war with the Islamic republic. In one case blamed on Israel, a prominent nuclear scientist was assassinated outside Tehran using a remote-operated machine gun. But Israel has never before had
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The decision by Iran to escalate its conflict with Israel by launching a barrage of armed drones and missiles brings the risks of open war between the two countries, possibly involving the US, yet closer.
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain may this year fail to achieve even the tepid growth rates recently predicted by the government’s official economic forecaster, the IMF suggested on Tuesday as it downgraded UK growth estimates. UK gross domestic product
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bank of America’s first-quarter profits fell by almost a fifth as the country’s second-largest bank was hit by losses tied to office loans and credit cards. Profits fell to $6.7bn in the first three months
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a senior counsellor at Centerview Partners, president emeritus of the Council on Foreign Relations and a former US diplomat On Saturday, Iran launched a barrage of drones, cruise missiles and ballistic missiles
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This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters On Friday, Ben Bernanke published his report into forecasting and communication at the Bank of England.
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Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. UK wage growth was higher than expected in the three months to February, but a sharp rise in unemployment led traders to cement bets on the Bank of England cutting interest rates this year. The
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Since the great financial crisis of 2007-08 regulators have engaged in the biggest push to de-risk the global financial system since the 1930s. Yet instability and flawed risk management have proved extraordinarily resistant to this regulatory onslaught. The collapse last year of Silicon Valley Bank, the 16th largest in the US, exposed very basic mistakes,
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As Iran launched an attack on Israel on Saturday, executives at one of Europe’s largest private equity groups felt a sense of déjà vu. Russia’s invasion of Ukraine and the Israel-Hamas war had prompted CVC Capital Partners to call off its previous two attempts to list on Amsterdam’s stock exchange, the firm’s biggest gambit since
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Austria’s Raiffeisen Bank International recently posted dozens of advertisements for Russia-based jobs indicating ambitious plans to grow in the country, in apparent contradiction to its official pledge to exit the market. The Financial Times has
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Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s gross domestic product grew 5.3 per cent in the first quarter against a year earlier, exceeding market expectations as Beijing tries to steer a manufacturing-led revival of the world’s second-largest economy. The strong first-quarter
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