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Stay informed with free updates Simply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox. The writer is a professor at Arizona State University and author of the forthcoming book ‘Putin’s Sledgehammer: The Wagner Group and Russia’s Collapse into Mercenary Chaos’ The Biden administration’s decision to let Ukraine conduct

Voters heading to the polls in Dublin Central in Friday’s general election will have to choose from a list that includes Ireland’s opposition leader, the head of Brussels’ Eurogroup of finance ministers — and a notorious criminal. For 65-year-old grandmother Georgina, the veteran gangster is the obvious choice. “I definitely know who I’ll be voting

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump will trigger a “period of chaos” and sharp price rises if he scraps Joe Biden’s manufacturing tax credits and increases tariffs as planned, the White House’s top economic adviser said. Lael

Germany is reeling from some of the steepest growth downgrades of any advanced nation as economists warn of its acute vulnerability to the trade barriers being planned by the incoming Trump administration. Economists polled by Consensus Economics expect the German economy to expand by just 0.6 per cent in 2025, down from 1.2 per cent

One day at the COP29 climate conference in Baku last week, I ran into a veteran of these sprawling talks who said he had been rereading Getting to Yes, the best-selling book on how to negotiate. “It just made me laugh,” said former EU negotiator, Kaveh Guilanpour, from the C2ES climate think tank. COPs could

Russia’s armed forces have recruited hundreds of Yemeni men to fight in Ukraine, brought by a shadowy trafficking operation that highlights the growing links between Moscow and the Houthi rebel group. Yemeni recruits who travelled to Russia told the Financial Times they were promised high salaried employment and even Russian citizenship. When they arrived with

To the public, Gautam Adani is the Indian billionaire who has built a powerful conglomerate stretching across mining, ports and renewable energy. To his alleged co-conspirators in a multibillion-dollar bribery scheme, he went by code names including “Numero Uno ”.  Asia’s second-richest man was this week named in a criminal case filed by the US government

In a historic first, Israel’s Prime Minister Benjamin Netanyahu is a wanted man overseas. But at home, he is stronger than at any point since Hamas’s devastating October 7 2023 attack threw his political future into doubt. Buoyed by Donald Trump’s US election triumph, battlefield gains across the Middle East and the successful ousting of

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world At an event over the summer where I knew the vast majority of the attendees to be highly socially and politically progressive, a woman pulled me aside and told me she needed to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves’ plan to levy inheritance tax on pensions will “undermine” the retirement savings system and risk leaving beneficiaries with higher costs and lengthy delays before receiving their money, UK wealth managers have warned. In

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Stanford University professor and Covid-19 lockdown sceptic Jay Bhattacharya has emerged as the frontrunner to run the National Institutes of Health, according to two people familiar with the matter. The nomination of Bhattacharya,

Joe Biden is staging a final push to deliver more aid to Ukraine, lock in manufacturing subsidies and confirm federal judges as he tries to secure his legacy before Donald Trump starts his second term in January. Following vice-president Kamala Harris’s defeat to Trump this month, and the failure of his own re-election bid in

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Funds managed by Goldman Sachs will write off almost $900mn after Swedish battery maker Northvolt filed for Chapter 11 bankruptcy this week.  Goldman’s private equity funds have at least $896mn in exposure to Northvolt, making

The richest man in the world tried to doom Scott Bessent’s bid to become Treasury secretary less than a week ago. Last Saturday, the billionaire entrepreneur and Donald Trump confidant Elon Musk said the Wall Street investor’s appointment as Treasury secretary would amount to “business-as-usual”. After Musk’s tweet on X, Bessent’s odds of getting the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Germany has accused COP29 host Azerbaijan of backing an attempt by fossil fuel producing countries to hijack the world’s most important climate summit as talks ran almost a day late.  Annalena Baerbock, Germany’s foreign affairs

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Meta’s Threads is losing ground to social media start-up Bluesky in capitalising on the exodus of users from Elon Musk’s X following Donald Trump’s election. Since election day, app usage of Bluesky in the US

Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. British people planning to retire overseas and those already living abroad are the “unexpected beneficiaries” of changes to the non-dom rules outlined in the Budget that could see them escape death duties of 40 per

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military and Hizbollah are locked in fierce fighting around a strategically positioned 12th century crusader castle in one of Israel’s northernmost advances into Lebanon since launching its ground invasion in September. Hizbollah militants

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 FT contributing editor In July, Cynthia Lummis, a US senator from Wyoming, introduced a bill to establish what she called a “strategic bitcoin reserve”, a programme instructing the Treasury and the

In the early hours of November 6, as the result of the US presidential election was called, Elon Musk posted a picture of himself walking into the Oval Office carrying a heavy porcelain basin. The image showed him standing on the iconic plush blue carpet with the presidential seal, gold curtains in the background. The