Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. In case you hadn’t heard (or choose to ignore such things), bitcoin is back. The original — and still biggest — cryptocurrency surged to a record high of more than $72,000 on Monday, having more than
News
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Between 2019 and 2021 the annual number of Japanese marriages plunged by almost a sixth to just over half a million. Not too surprising, perhaps, because the anti-gathering strictures of the pandemic years were disastrous
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In Hong Kong, a city that is adapting to life under a Beijing-imposed national security law and introducing its own version of it, global companies are bringing in practical barriers to doing business. The US
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government has backed the development of new gas-fired power plants, in the latest move by Rishi Sunak to portray his government as taking a pragmatic approach to tackling climate change. Outlining the plans
US stocks started the week on the back foot, ahead of important consumer inflation data expected to influence the Federal Reserve’s plans on when to begin cutting interest rates. The blue-chip S&P 500 closed 0.1 per cent lower on Monday, while the tech-heavy Nasdaq Composite fell 0.4 per cent. The two-year Treasury yield, which moves
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Rishi Sunak is considering introducing new powers to allow ministers to prevent a foreign state from owning a British news organisation, as pressure mounts from within the ruling Conservative party to block the takeover of Telegraph
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Brussels is pushing to give Ukraine €2bn-€3bn this year from profits derived from Russia’s frozen assets, accelerating the funding plan as US financial support to Kyiv wanes. The European Commission is preparing a plan,
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. President Vladimir Putin has sacked the commander of Russia’s navy after it suffered a series of humiliating losses in the Black Sea, according to Ukrainian officials with knowledge of the shake-up. Putin sacked Admiral
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Reform UK, the populist anti-immigration party, is being boosted by the government’s focus on extremism, senior Conservatives have warned, as communities secretary Michael Gove prepares a new definition of the problem. On Monday Lee Anderson,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fiscal rules are an important safeguard. With voters to chase, governments have an incentive to overspend, and lumber future taxpayers with the costs. Bond traders can also punish profligate spending plans by pushing up government
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden unveiled a $7.3tn budget plan which would push US debt over 100 per cent of gross domestic product in 2025, as the president laid out a fiscal agenda that boosts spending but plans
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is director of UK in a Changing Europe, a think-tank I couldn’t help a slight sense of schadenfreude watching the French and German governments tearing strips off each other last month — following
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. In our age of dispirited democracies and general global funk, where better to seek inspiration on ingenuity and the human spirit than Taiwan? Has anywhere else in the past half century moved on so successfully from
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Telegram has 900mn users and is nearing profitability, according to the owner of the secretive messaging app, as the company moves closer to a potential blockbuster stock market listing. Pavel Durov told the Financial Times
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former Conservative deputy chair Lee Anderson has defected to Reform UK, handing the populist rightwing party its first MP and delivering a significant blow to Prime Minister Rishi Sunak. Anderson, picked by Sunak to take
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Reddit is aiming to raise more than $500mn in an imminent initial public offering that could value the social media company at as much as $6.4bn and set the tone for private start-ups weighing plans
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. The extension of oil and gas windfall taxes
At least 500 tonnes of harmful metals leak into the Welsh environment each year from abandoned mines, according to government estimates obtained by the Financial Times. A Freedom of Information request revealed that 129 sites are “certainly, or highly likely, to be causing failures of water quality criteria”, according to Natural Resources Wales (NRW). While
The writer is chair of Rockefeller International Once dismissed as fanatics, the bitcoin bulls must be feeling vindicated. They made an accurate call on the cryptocurrency’s potential for gains — witness the staggering rally under way — and were right, at least in part, for the right reasons. When bitcoin was all the rage at the start
After five months of devastating conflict between Israel and Hamas in Gaza, the Palestinian enclave on the Mediterranean is enduring a humanitarian catastrophe, according to international aid groups. The north of the strip in particular is on the verge of famine: children are dying from hunger, while families are eating weeds and animal feed, prompting
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thomson Reuters has an $8bn war chest to spend on acquisitions and investments in artificial intelligence, according to chief executive Steve Hasker, as it bets that the technology will transform rather than undermine its business