Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Year-ahead outlook season is upon us again and the déjà vu vibe is strong. This time last year, investors and analysts were busy telling the world about their key convictions about 2023. Chief among them:
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has become locked in a diplomatic dispute with Spain and Belgium after it accused the EU countries of supporting terrorism in response to their prime ministers’ criticism of its bombardment of Gaza. The Israeli
Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. 23 social media thread, Polygon Labs developer relations engineer Jarrod Watts claimed that the new network poses significant security risks due
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At times, watching chancellor Jeremy Hunt deliver his Autumn Statement felt like witnessing a gladiatorial contest between a plucky contender and a many-headed hydra. Chop at one head — inflation — and another springs up
In the past year, Sam Altman, chief executive of OpenAI, has become the embodiment of a contradiction at the heart of artificial intelligence. Buoyed by the euphoria following the launch of the company’s AI-powered chatbot ChatGPT 12 months ago, the 38-year-old entrepreneur took his brand of Silicon Valley optimism on a global tour to meet
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt accompanied Prime Minister Rishi Sunak to the north-east of England on Friday to showcase a £2bn electric vehicle investment by Nissan, relieved his Autumn Statement had survived the week without too much criticism
Final Fantasy game developer Square Enix announced auction dates for its upcoming Symbiogenesis non-fungible tokens (NFTs). In a Nov. 24 social media post, the team said it would sell the NFTs in three batches. The first batch will be auctioned from Nov. 27-28, the second from Nov. 30-Dec. 4 and the third from Dec. 2
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A senior Labour MP has written to the head of the UK Insolvency Service urging him to consider whether foreign secretary Lord David Cameron was a “shadow director” of the collapsed finance group Greensill Capital.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The clear victory of the far right led by Geert Wilders in parliamentary elections in the Netherlands this week was a Dutch political earthquake. It will send tremors across Europe. Never before has an extreme
During a speech last week in Zurich, I giggled at the irony that folks (such as me) who are supposedly cancelled are anything but. We are invited everywhere to complain loudly about being silenced. A similar disconnection from reality applies to the popular fear that equities are shrivelling up — with companies and investors shunning
Prisoner exchanges between Israel and militant groups have a history going back four decades, but the deal this week to exchange Hamas hostages for the release of Palestinian prisoners stands out in a number of ways. Unlike past exchanges, the obligations on Israel cover the release of just Palestinian women and children that it has
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has released 24 hostages who had been held in the Gaza Strip, according to Qatar, as the Palestinian militant group’s truce with Israel took hold. The group were transferred to the International Committee of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Just hours after Hamas’s devastating dawn assault on southern Israel, Qatari Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani was preparing for action. He established a task force and a working group to co-ordinate with Washington
Bitcoin (BTC) broke above the overhead resistance of $38,000 on Nov. 24, indicating that the sentiment is positive and bulls have kept up the pressure. Independent Reserve CEO Adrian Przelozny told Cointelegraph that the “next two years are going to be good,” and market activity is likely to pick up in early 2024. The major
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Far-right leader Geert Wilders’ attempt to form a government in the Netherlands suffered a setback on Friday, as the business community warned against political instability scaring off investors. Dilan Yeşilgöz, leader of the right-leaning liberal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s Cathay Pacific Airways is offering discounted fares from mainland China to the territory to help authorities boost voting turnout in a “patriots only” local election next month. The incentive highlights concerns among Chinese
Bitcoin (BTC) buyers should enjoy the chance to add to their stack below $40,000, says one of the crypto industry’s household names. In a post on X (formerly Twitter) on Nov. 24, PlanB, creator of the stock-to-flow family of BTC price models, hinted that current levels would not be around long. PlanB: Time is ticking
Jeremy Hunt this week presented UK voters with imminent tax cuts, a boost to pensions and a range of money-related measures — all made possible, he said, by faster than expected growth in the UK economy. According to the chancellor, inflation was coming under control, debt was falling and those left reeling from the rising
U.S. District Court Judge Laura Taylor Swain said she would hear a bondholder suit in the Puerto Rico Electric Power Authority case that Puerto Rico bondholders and Puerto Rico’s government argued should be assigned to a different judge. GoldenTree Asset Management and bond insurer Syncora Guarantee filed suit in the U.S. District Court for Puerto
European Central Bank (ECB) president and prominent Bitcoin (BTC) critic Christine Lagarde has shared a family story about unsuccessful cryptocurrency investments, according to a report from Reuters. Lagarde told students at a town hall in Frankfurt on Nov. 24 that her son lost “almost all” of his investments in crypto assets, despite persistent warnings, Reuters reported. “He
Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in New York by a number of high-profile news publications. A statement from the USDT stablecoin issuer and cryptocurrency exchange shared with Cointelegraph notes that it is committed to transparently sharing information following a FOIL request from