Sir Keir Starmer met a senior member of Bangladesh’s ousted ruling party last month, despite the Awami League facing accusations of embezzlement and of allowing its security forces to kill protesters. The UK prime minister met Anwaruzzaman Chowdhury, the ousted mayor of the city of Sylhet and a key party figure, at a dinner held
John Miller joined the boutique firm First Eagle Investments in late 2023 where launched a high-yield fund that climbed to $5 billion the first year with returns of almost 12%.First Eagle First Eagle Investment’s new high-yield municipal bond fund ballooned from scratch to more than $5 billion in its first year — and generated market-beating
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US Supreme Court justices appeared sceptical about TikTok’s efforts to throw out a federal “divest-or-ban” law on Friday, as the social media platform warned it could “go dark” in one of its biggest
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When bond markets get sticky, it is unhelpful to be the ugliest horse in the glue factory. Sadly, that is the role now performed by the UK. It has been a grim start to the
East High School in Denver. Moody’s Ratings upgraded Denver Public Schools’ general obligation ratings ahead of an $806 million bond sale later this month.Adobe Stock Denver Public Schools will sell more than $800 million of bonds later this month, buoyed by a ratings boost from Moody’s Ratings, which cited the district’s strong management for the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brompton has warned against axing tariffs on Chinese bicycles and parts as the UK’s largest bike manufacturer predicted that cheaper imports could “kill” the business. The UK government is reviewing tariffs inherited from the EU
Meta CEO Mark Zuckerberg shrugged off criticism that his new policy that does away with third-party fact-checking and censorship will alienate users — insisting that anyone who quits company platforms Facebook, Instagram and Threads would be “virtue signaling.” Zuckerberg responded to a post on Threads that criticized him for Tuesday’s decision, with many calling him
Here in the U.S., the House of Representatives voted to sanction the International Criminal Court after it issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former military chief Yoav Gallant for war crimes and crimes against humanity. Forty-five Democrats joined 198 Republicans to approve the “Illegitimate Court Counteraction Act.”
President-elect Donald Trump’s threat to slap Denmark with tariffs to force its hand in giving up Greenland could lead to higher prices for popular weight-loss drugs Ozempic and Wegovy as well as Lego toys, according to a report. On Monday, Trump said he would tariff Denmark at a very high level if it did not
US employers added a surprisingly strong 256,000 jobs in December — dimming hopes that the Federal Reserve will cut interest rates anytime soon. The blowout number from the US Bureau of Labor Statistics — a massive jump from the month before as hiring rebounded from strikes and major hurricanes — pushed back traders’ bets for
In Gaza, Israeli forces bombed tents housing displaced Palestinians west of Khan Younis overnight. It was one of several attacks that killed 70 people within 24 hours, according to Gaza’s Health Ministry. This comes as a new study in the medical journal The Lancet finds the true death toll in Gaza may be 40% higher
Kohl’s, the struggling chain of department stores, said it will permanently close 27 “underperforming” locations in 14 states, including 10 in California alone as the company takes emergency measures to avoid bankruptcy. The company made the announcement in a press release that included a list of the locations that will be shuttered for good. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US economy blew past expectations to create 256,000 jobs in December, sending yields on long-term US government debt to the highest level since 2023 and pushing stocks to the lowest point since Donald Trump’s
In this aerial view taken from a helicopter, the Kenneth fire (below) approaches homes while the back side of the Palisade fire (above) continues to burn Los Angeles county, California on January 9, 2025. Josh Edelson | Afp | Getty Images Insurers exposed to the California homeowners’ market sold off sharply Friday as the devastation
Patty Burns, a 93-year-old with a sparkling memory, has lived in the Pacific Palisades neighbourhood of Los Angeles for more than 60 years. She always kept a black suitcase filled with important documents at the ready, in case of a fire. On Tuesday, she needed it. Her daughter, who lives just up the road, arrived
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is a technology entrepreneur and investor. In 2016, President Barack Obama told his staff that Donald Trump’s election victory was “not the apocalypse”. By any definition, he was correct. But understood
Daniel Wiles retired from Los Angeles County in December, but continues to serve on the Municipal Securities Rulemaking Board.MSRB Daniel Wiles has lived in southern California for more than two decades, but it hasn’t altered the ingrained humility of the Minnesota native. Wiles, who retired — mostly — from a long municipal finance career at
With Bitcoin’s increasing presence in traditional financial systems and speculation around a US BTC strategic reserve, some experts foresee a major supply shock during this cycle, potentially disrupting the 4-year cycle theory with extraordinary price growth. However, a new report indicates that such a supply shock is unlikely to happen in 2025. While Bitcoin’s halving,
Last week, President-Elect Donald Trump nominated Morgan Ortagus, a longtime State Department official, to serve as a deputy special envoy for Middle East peaceand immediately undercut her. Early on Morgan fought me for three years, but hopefully has learned her lesson, Trump wrote when he announced her hire on Truth Social. These things usually dont
When wildfires began ravaging Los Angeles yesterday, the story was familiar in many respects: In dry and windy weather, a small blaze can spread so fast and so far that no one can do anything to stop it, especially in terrain dense with brush and hard for firefighters to reach. Pacific Palisades, where the first
Apple denied its digital voice assistant Siri poses any privacy concerns — one week after it agreed to pay $95 million to settle a lawsuit tied to the software tool. Apple has never used Siri data to build marketing profiles, never made it available for advertising, and never sold it to anyone for any purpose,
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