Throughout the six months that Israel has been fighting in Gaza, the public has overwhelmingly supported the war effort, with the vast majority of Israelis backing the goal to destroy Hamas and free the hostages still held in the enclave. But there is no such consensus on how to respond to the threat from Iran,
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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 US House of Representatives is expected to vote on sending additional aid to Ukraine and Israel on Saturday evening, in a move that could send critical support to American allies and end months of
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Germany has written to dozens of countries including Gulf Arab states to plead for more air defence systems for Ukraine, saying Kyiv needed urgent help to protect its cities, troops and critical infrastructure from
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has been warned by the IMF to take much tougher action to rein in the UK’s public debt, putting a question mark over the prime minister’s cuts to national insurance. The IMF on
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy. The fund said in its benchmark Fiscal Monitor that it expected the US
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. Tension between America and China was so bad a year ago that Janet Yellen could not get permission to go there. Now the US Treasury secretary is a social media hit in China. Yellen’s two
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US investors are paying the biggest premiums since October to protect their portfolios against market gyrations as mounting tensions in the Middle East and reduced expectations of interest rate cuts fuel a surge in volatility.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Just before Easter, and with little fanfare, the judges on the European Court of Human Rights announced new guidelines on the contentious interim orders that have, among other things, frustrated the UK government’s Rwanda deportation
A truism of finance is that risk and returns are correlated. The stocks of smaller companies therefore do better than bigger ones in the long run. This is a foundation stone of both investment theory and practice. Sure, they are more volatile and they can suffer long stretches of dismal performance — such as in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French diver Alexis Jandard committed an Olympics-sized gaffe recently at the inauguration of the new aquatic centre built for the Paris summer games. He spectacularly wiped out during a synchronised dive — in front of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Czech billionaire Daniel Křetínský is preparing a takeover bid for Royal Mail owner International Distributions Services, according to people familiar with the matter. Křetínský, a lawyer-turned-energy tycoon known as the “Czech Sphinx”, has built a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US President Joe Biden is pushing for tariffs to triple on Chinese steel and aluminium, as he seeks to boost union support in the swing state of Pennsylvania. In a meeting with United Steelworkers union
China’s first-quarter gross domestic product data has thrown into stark relief the effects of President Xi Jinping’s bet that a manufacturing boom can help the world’s second-largest economy overcome a prolonged slump in the property market. The National Bureau of Statistics on Tuesday reported a 6.1 per cent rise in industrial production and a nearly
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Financial policymakers have urged hedge funds, pension investors and commodities traders to keep more liquid assets on hand and develop stress tests to better withstand shocks from extreme market moves. The Financial Stability Board, which
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation slowed less than expected in March, fuelling the debate over how soon the Bank of England will start cutting interest rates. Consumer prices rose at an annual rate of 3.2 per cent, down
Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. Veteran fund manager Martin Gilbert faces an investor backlash over his role as executive chair of AssetCo and over a lack of diversity on the Aim-listed company’s all-male board at its annual meeting next week.
Israel fended off hundreds of drones and missiles fired by Iran on Saturday using an enviable combination of its own sophisticated air defences and the critical support of western powers and Arab partners. But Israel may not be able to pull off that performance and sustain crucial outside support forever — especially if the Jewish
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shakespeare’s green-eyed monster is stalking the biggest UK and European public companies. Top executives look across the Atlantic and see their American counterparts take home ever larger pay packages, and they are frankly jealous. Some
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is a science commentator As Madonna once warbled, we are living in a material world. Our species has named historic periods after bronze, stone and iron. Modern society runs on innovative materials, such
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump has raised $75mn less for his presidential bid than Joe Biden and has 270,000 fewer unique donors now than at the same stage of his run for the White House four years ago.
When Barclays Bank froze Becky Webster’s account, cutting off access to her son’s state benefit payment for over a week last year, it was the 15th time the former NHS worker turned full-time escort had been refused a bank account, or had one closed down. In frustration she launched a petition calling on MPs to