A wrought-iron door guards the address near Central Park where Guzel Ganieva lives on the upper floors of a townhouse dating from the Gilded Age. On a winter morning two years ago, the doorman stationed there took a hard look at two uninvited guests. The visitors, a man and a woman, wore the thousand-yard stare
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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 Home Office is examining a package of measures to cut legal migration to Britain and reduce the “abuse” of work visas, as it seeks to reassure the public it has a grip on immigration.
Israel and Hamas have agreed a deal for the staggered release of 50 civilians held hostage in Gaza in exchange for some Palestinian prisoners and a four-day halt to hostilities. In a statement, the Israeli prime minister’s office said it had approved a deal that would see a four-day “pause in fighting” to facilitate the
After 45 days of devastating war, Israel and Hamas have agreed a hostage deal and a pause in hostilities, marking the most significant diplomatic breakthrough of the bloody conflict. The agreement was finalised early on Wednesday after weeks of complex negotiations brokered by Qatar, with input from the US and Egypt. It is expected to
11/22/2023, 3:51:45 AM South Korea suspends military agreement with Pyongyang after North launches spy satellite Christian Davies in Seoul South Korea will partially suspend a 2018 military agreement with its northern counterpart that sought to reduce the risk of armed conflict, after Pyongyang said it had “successfully” launched a military spy satellite into orbit for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Binance chief executive Changpeng Zhao has resigned and pleaded guilty to a US criminal charge of failure to protect against money laundering after federal prosecutors unveiled a sweeping case against the world’s largest cryptocurrency exchange.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt will on Wednesday put a £9bn permanent tax break for business at the heart of his Autumn Statement, as the UK chancellor attempts to jolt Britain’s sluggish economy back to life. Facing forecasts
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI’s directors are in talks with Sam Altman to allow him to re-join the board, four days after their decision to sack him plunged the generative artificial intelligence start-up into turmoil. A deal to unify
Michael Robinson has written three books since he left the British Army in 2004. But he has also spent three years in a psychiatric hospital and lives with schizoaffective disorder — a condition that he says leaves him unable to cope with work and reliant on “a cocktail of drugs”. The 47-year-old fears that a
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. There is a longstanding jibe that IMF stands not for International Monetary Fund, but rather for “it’s mostly fiscal”. That epithet has seemed less generally apposite for a while. Of course, the fund has continued
Stay informed with free updates Simply sign up to the EU trade myFT Digest — delivered directly to your inbox. France has signalled that it wants to delay the introduction of tariffs on electric vehicle sales between the UK and EU, removing a big obstacle to a new deal over the levy due to come
Joe Biden said Israel and Hamas were “very close” to a deal that is expected to free dozens of the civilian hostages held in Gaza in return for a pause in hostilities and the release of Palestinian women and children held in Israeli prisons. Speaking at the White House on Tuesday morning, the US president
“There is simply no ambiguity in my mind,” said Judge David R Jones as he made a ruling last May in the bankruptcy case of Serta Simmons Bedding, a large, private equity-backed mattress company. “And I appreciate that perhaps a different court reached a different conclusion but, again, I sit in with these matters every
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. Andrew Bailey warned markets that they were underestimating the persistence of UK inflation, as the Bank of England governor stressed it was too soon to start cutting interest rates. Bailey told MPs on Tuesday that
This time last year Jeremy Hunt was setting out a brutal fiscal retrenchment as the Conservatives sought to claw back credibility following Liz Truss’s disastrous “mini” Budget. On Wednesday Britain’s chancellor will attempt to present a more optimistic vision, as Tory MPs call for tax cuts ahead of a likely election next year. But while
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are clever, well-meaning liberals who would have Joe Biden and Kamala Harris run for re-election on the slogan “After All We’ve Done For You”. According to their account of things, the president has given
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Laura Trott, Treasury minister, has confirmed that her boss Jeremy Hunt will cut personal taxes in his Autumn Statement on Wednesday, claiming the outlook for the economy had “completely changed”. In spite of flatlining economic
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The future of OpenAI remains uncertain after extraordinary efforts by employees and investors to oust the board failed to persuade its directors to resign and reinstate co-founder Sam Altman. By the end of Monday, 747
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government borrowed £14.9bn in October, more than analysts expected and the second-highest figure for the month, according to official figures that confirm the continued pressure on public finances. In the financial year to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tether deposited more than $1bn with a financial services group founded by a Tory party donor who last year was indicted on allegations of bribery by US authorities. The world’s largest stablecoin issuer placed the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The bloodshed between Israelis and Palestinians has long divided the world, bringing people on to the streets in protest and splitting the international community. The Hamas-led attack of October 7, and Israel’s six-week campaign of