Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At Blackstone, the march to a second trillion dollars in assets is off to a slow start. Three months ago, the House of Schwarzman proudly celebrated being the first “alternative” capital firm to pass into
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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. Israel will enforce a buffer zone within the Gaza Strip once the war with Hamas is over, Israel’s agriculture minister Avi Dichter said on Thursday. Israel has been bombarding Hamas targets in Gaza since the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK universities need to act urgently to reduce the number of “fraudulent” applications from international students or risk facing a backlash in Westminster, a former Conservative universities minister has warned. Lord Jo Johnson said the
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. Jim Jordan will endorse Patrick McHenry as temporary Speaker of the US House of Representatives until January, as Republicans search for a solution to end weeks of chaos that have paralysed Congress and
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. China appears to be accelerating the expansion of its nuclear arsenal and may be exploring the development of non-nuclear intercontinental ballistic missiles capable of striking the US, according to a new Pentagon report. Beijing’s stockpile
As a teenager, Sir Jim Ratcliffe was almost crushed scaling a wall to watch his beloved Manchester United play. Half a century later, one of Britain’s richest men is on the verge of buying a stake in English football’s most famous club and securing a seat in its boardroom. For the past 12 months, Ratcliffe,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the top executives at Blackstone Group, the world’s largest alternative asset manager, has warned that the recent sharp increase in long-term US government bonds yields will soon hit consumers and slow the economy.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour raised almost £400,000 from corporate Britain on Wednesday after tickets for its business conference in February sold out in four hours, the latest sign of companies trying to woo the UK’s main opposition party.
The mission to clear the city of jihadist militants was ultimately successful. But the fighting was intense, took three times longer than planned, left 10,000 civilians dead, and killed more coalition soldiers than expected. The fight to recapture the northern Iraqi city of Mosul from Isis in 2016 is a potential guide to what may
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Gaza Strip was waiting for humanitarian aid on Thursday, a day after Israel and Egypt agreed to allow basic assistance into the south of the enclave. With US president Joe Biden warning that Israel
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. Guess who’s coming to dinner? Rishi Sunak has
US troops were the targets of two separate drone attacks in Iraq, US Central Command said on Wednesday. The first saw US forces defend against two drones, one of which caused “minor injuries to a small number of troops” when it was intercepted. An Iraqi official told the Financial Times the attack targeted al-Asad base
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Traders have been increasing their bets against the Israeli shekel, increasing the pressure on the Bank of Israel to keep interest rates on hold and stabilise the currency, despite the cost of a war looming
Ghassan Abu Sitta, a British-Palestinian surgeon treating injured survivors of bombings in Gaza, received an alarming call from London this week that counter-terrorism officers had visited his home. Abu Sitta, who volunteers with Doctors without Borders and is still in the besieged enclave, told the BBC the visit was a “kind of brutish attempt at
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Premature regulation of artificial intelligence will only serve to reinforce the dominance of the big technology companies and stifle competition, Yann LeCun, Meta’s chief AI scientist, has said. “Regulating research and development in AI is
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fresh evidence of sticky inflation in the UK is likely to harden the Bank of England’s determination to keep monetary policy tighter for longer, as it seeks to squeeze persistent price pressures out of the
The US economy’s lead over that of Europe, a trend first evident in the aftermath of the global financial crisis and cemented during the coronavirus pandemic, is set to last into 2024 and beyond. The IMF last week became the latest economics organisation to declare that the US economy would power ahead, forecasting an expansion
English prisons are not only bursting at the seams after years of under-investment, some are also dangerously understaffed with prisoners living in “inhumane” conditions, the chief inspector of prisons told the Financial Times. Charlie Taylor’s roving role inspecting the 123 jails in England and Wales has revealed a system that is failing to keep criminals
The US deported its first group of Venezuelan migrants on Wednesday, following a breakthrough after years of refusal from the government in Caracas. The deportation came amid a wider crackdown on migrants and a thaw of frosty relations with the South American country. A Boeing 737 jet took off from Harlingen, Texas, for Caracas via
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak will arrive in Israel on Thursday for talks with prime minister Benjamin Netanyahu and other leaders in the region, urging them to avoid “a further dangerous escalation” of the conflict. The UK prime
Within hours of a deadly explosion at a Gaza hospital on Tuesday, Palestinian president Mahmoud Abbas abruptly cancelled a meeting with Joe Biden in Jordan to rush home and accuse Israeli forces of being behind the carnage. But when Palestinians rallied in the occupied West Bank that evening to voice their anger at the killings