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Israeli jets bombed targets linked to the Palestinian militant group Hamas in southern Lebanon and the Gaza Strip, after militants in the two territories fired a volley of rockets at Israel. Israel’s military said it hit several targets, including tunnels and weapons manufacturing sites, in the blockaded coastal strip in the early hours of Friday
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The writer is an FT contributing editor and writes the Chartbook newsletter In response to America’s Inflation Reduction Act, Europe is scrambling to accelerate its own green industrial policy. Some, like Pascal Lamy, former director-general of the World Trade Organization and associate of Emmanuel Macron, would like to see Europe leading a green free-trading bloc
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When we lose God, what should we do? Go shopping? Easter seems like a good time to ponder this question. The decline of organised religion in the west is one of the most striking trends of our age. But it leaves a gap. I will be going to church this Sunday, despite not believing in
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Mention “fabulous Fab” in markets circles these days, and you’ll show your age. Probably only those on the far side of their mid-30s recall the Goldman Sachs banker whose jokey email came to epitomise Wall Street’s poor behaviour in the run-up to the 2008 financial crisis. Fab is back — or rather, the regulations inspired
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BlackRock has started paying back investors stuck in its £3.5bn UK Property fund since early last year, even as outflows from commercial real estate funds continue and regulators warn that some funds may struggle to meet redemption requests. The US-based fund group has begun partially repaying institutional investors who made withdrawal requests as far back
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Auditors who think robust regulation of their sector is disproportionate deserve “the world’s smallest violin,” the head of the UK accounting watchdog has said. Sir Jon Thompson, chief executive of the Financial Reporting Council, told a private industry meeting earlier this year that close scrutiny was appropriate for auditors who earn hundreds of thousands of
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Israeli fighter jets bombed the Gaza Strip in the early hours of Friday, amid a sharp escalation of violence after militants in Lebanon and Gaza fired a volley of rockets at Israel. The Israeli military said that it had hit four targets — including two weapons manufacturing sites and two tunnels — belonging to the
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Jes Staley’s lawyer has described “slanderous” allegations that he aided and abetted Jeffrey Epstein’s crimes as “baseless but serious”, after the executive was sued by his former employer JPMorgan Chase. Brendan Sullivan, who is representing Staley, asked a federal judge in New York for more time to review tens of thousands of documents relating to
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Any appraisal of the Good Friday Agreement, which is passing its 25th anniversary, must start with one fact. Up to 1998, 3,488 lives were claimed by Northern Ireland’s grinding conflict. And then, for the most part, the campaigns of killing stopped. All criticisms of the deal are mere footnotes to that. The principles of the
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I have worked blissfully alone for 25 years. But this winter, my small tumbledown work flat in Paris — my safe space away from the wife and kids — finally had to be renovated. Since January I’ve been paying €358.80 a month to rent a desk in a WeWork co-working space. It has been a
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