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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 European Central Bank sent a strong signal that it would consider cutting interest rates at its next meeting in June after holding them at all-time highs on Thursday. The ECB said after its governing

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In February, Rishi Sunak posed for photos beside Blackstone founder Stephen Schwarzman at the groundbreaking ceremony for the private equity giant’s new European headquarters in London. Shovel in hand, the UK prime minister pointed to

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. One of our worst nightmares about artificial intelligence is that it will enable killer robots to stalk the battlefield dispensing algorithmically-determined death and destruction. But the real world is a lot messier than the comic

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 political strategist at BCW communications and former political secretary to Tony Blair “We are the masters now!” These words, attributed to Sir Hartley Shawcross, attorney-general in Clement Attlee’s 1945 Labour government,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jamie Dimon: one, Jay Powell: nil. JPMorgan Chase chief executive Dimon’s annual letter to shareholders this week struck an ominous note, predicting that too much attention is paid to month-to-month oscillations in interest rates and

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 said his administration’s support for Israel’s security was “ironclad”, following threats from Iran to exact revenge on the Jewish state for a strike on its consulate in Damascus last week. Iran’s

A new rise in US inflation is undermining Joe Biden’s re-election message, threatening the president’s effort to defend his economic record in a crucial phase of the campaign against Donald Trump. The 3.5 per cent annual increase in the March consumer price index followed a 3.2 per cent gain a month earlier, and has made

Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. Cuts in UK interest rates “should still be a way off”, according to one Bank of England policymaker, arguing investors were underestimating the risk that high inflation would linger for longer in Britain than

Hidden behind tall cactuses shielding an olive grove in the small Tunisian town of Jebiniana, around 300 people take refuge under makeshift plastic shelters, waiting to cross the Mediterranean Sea and enter Europe. One of them is Aruna, a 39-year-old Sierra Leonean who arrived last year. He has already survived an arduous 5,000km journey across

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an external member of the Bank of England’s Monetary Policy Committee As an American living in London, people regularly tell me England and America are two countries separated by a common language.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Over the past week, pop star Olivia Rodrigo has played four sold-out shows at Madison Square Garden, where about 20,000 people, mostly young women, transformed New York’s storied arena into a haze of glitter and

This is an audio transcript of the Rachman Review podcast episode: ‘How do you define a war crime?’ [MUSIC PLAYING] Gideon Rachman Hello and welcome to the Rachman Review. I’m Gideon Rachman, chief foreign affairs commentator at the Financial Times. This week’s podcast is about war crimes. My guest is Boyd van Dijk, a historian

Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. The dollar jumped to a new 34-year high against the yen in early Thursday trading in Tokyo, briefly pushing the Japanese currency through what was considered a key line of support and reviving market speculation that

US stocks and Treasuries sold off after higher than expected inflation in March dimmed traders’ hopes for near-term interest rate cuts. Wall Street’s S&P 500 index closed 0.9 per cent lower on Wednesday. Every sector declined except for energy, which was helped by a rebound in the price of oil. The tech-focused Nasdaq Composite declined

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas said on Wednesday that three sons of Ismail Haniyeh, the Palestinian militant group’s political leader, had been killed in an Israeli air strike in Gaza. The strike, which targeted a car in the Shati

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. John Paulson, the Republican megadonor considered to be a potential Treasury secretary if Donald Trump wins the presidential election, has warned that the US must not “decouple” from China, striking a more measured tone than

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Three of the world’s largest commodity traders said their record $23bn in combined profits last year showed they could continue growing strongly without having to turn to public markets. Jeffrey Dellapina, chief financial

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former Post Office chief executive Paula Vennells previously claimed that sub-postmasters had been tempted to steal from their tills, the public inquiry into the affair has heard. Minutes of a meeting between campaigners and Post

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. Traders slashed bets on imminent Federal Reserve rate cuts on Wednesday after data showed US inflation rose to 3.5 per cent in March, surpassing expectations and marking the second increase in a row. The annual

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iman Abdelshafy al-Fayyad normally marks the end of the holy month of Ramadan with a feast surrounded by family and friends in Gaza. But this year’s Eid al-Fitr is dominated by “profound sadness” as she

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The last time David Cameron, Britain’s foreign secretary, urged Capitol Hill to pass Ukraine aid, he was told to “kiss my ass” by Marjorie Taylor Greene, one of the most vocal pro-Russia Republicans. Washington largely