One reason why higher rates have not crushed investment
The jostle for influence brings opportunities, but also scope for bad decisions
Seeing multiple shocks as usual could end in disaster
Credit rating agency flags ‘intensified pressures’ on island nation’s currency reserves
Fears of an international hunger emergency after the Ukraine invasion proved unfounded
Easing of price pressures in two major Eurozone economies lifts hope for lower interest rates from next month
Fire onboard the Greek-owned Sounion had sparked warning of an imminent ‘ecological disaster’
Shares in Pernod Ricard and Rémy Cointreau jump after preliminary ruling but industry ‘disappointed’
‘Humility and a questioning spirit’, as called for by Fed chair, would be a very good idea
Also in today’s newsletter, Biden and Xi to talk by telephone and Brazil’s new central bank governor pick
Closer ties with Russia bolster Beijing’s efforts to use its currency more in global trade
Benin is trying to achieve what few countries on the continent have managed: transform its raw materials into finished goods
An MPC meeting next month looks set to shape interest rates, normalise risk taking and kill a silly fiscal rule
Top foreign policy officials from both countries are holding talks in Beijing
Beijing needs to adopt more ambitious measures to improve consumption
President Zelenskyy has negotiated one of the fastest and biggest sovereign debt workouts in modern history
Net profits rise 24% from a year ago compared with threefold surge in 2023
ONS data underscores uneven social impact of surge in living costs
Also in today’s newsletter, China’s debt ‘bubble’ and Klarna board upheaval
An FTAV Jamaicawatch update
Plus Israel’s stock market
At Jackson Hole, central bankers offered different views about the tools of their trade
Also in today’s newsletter, Kamala Harris plans to cut childcare costs and China’s curbs on chip materials hit supply chains
Prepare for the wurst
Withholding tech puts more impetus on the targeted country to develop its own