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-
FirstFT: Biden authorises Ukraine to strike Russia with long-range US missiles
via ft.comAlso in today’s newsletter, ECB report on bank capital requirements and G20 summit begins in Brazil -
The global green transition will survive Trump
via ft.comHigher borrowing costs from tariffs and tax cuts will be the US’s main impact on carbon-saving investment worldwide -
How to put Europe’s savings to work
via ft.comThe EU must redeploy capital it squirrels away abroad -
FirstFT: Russia fires its first intercontinental ballistic missile
via ft.comAlso in today’s newsletter, Indian billionaire Gautam Adani charged over alleged bribery scheme and DoJ requests Google break-up -
US is vulnerable to inflation shocks, top Fed official warns
via ft.comTom Barkin’s comments come as business braces for new policies of Donald Trump’s incoming administration -
UN climate summit remains split on money, fossil fuels and gender
via ft.comNegotiators at COP29 ‘unimpressed’ as latest draft agreements show wide gaps -
COP29 summit battle intensifies over finance, fossil fuels and gender
via ft.comEU says draft agreements released at climate summit are ‘clearly unacceptable’ -
China’s solar stranglehold and Taiwan’s AI aims
via ft.comThe inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times -
UK inflation creeps back
via ft.comOctober’s sharp acceleration cements expectation that Bank of England will delay rate cuts -
The risks of being too gloomy on Trump tariff plans
via ft.comOverly pessimistic warnings of economic shocks could weaken crucial support for globalisation -
Apple proposes Indonesian factory in bid to reverse iPhone 16 ban
via ft.comInvestment of $100mn in key market would help meet requirement for 40% local content in smartphones -
FirstFT: Gautam Adani indicted in the US
via ft.comAlso in today’s newsletter, Hong Kong media tycoon Jimmy Lai denies foreign collusion, and Ukraine fires British Storm Shadow missiles into Russia -
The push for climate taxes gets real in Baku
via ft.comAirlines say fossil fuel companies should be targeted first -
Eurozone wages rise by 5.4% in third quarter
via ft.comECB forecasts growth in negotiated salary deals to slow after biggest increase since 1990s -
Joe Biden loses to Xi Jinping in battle for Latin America
via ft.comUS leader’s farewell trip to Brazil and Peru epitomises Washington’s waning influence -
How to fight the silent debt crisis engulfing the global south
via ft.comMultilateral institutions must help these countries find the money to stave off climate change -
How Britain squandered the best hand in the world
via ft.comHaving had three friends in high places — the US, the EU and China — the UK contemplates life with none -
FirstFT: Apollo’s Marc Rowan top contender for Treasury job
via ft.comAlso in today’s newsletter, SpaceX fails to catch Starship, as well as machine learning and robots -
ECB warns low growth and high debt risk Eurozone crisis
via ft.comCentral bank report sounds alarm on potential concerns over ‘sovereign debt sustainability’ -
Low growth and high debt risk Eurozone crisis, ECB warns
via ft.comCentral bank’s financial stability review sounds alarm on potential concerns over ‘sovereign debt sustainability’ -
UK inflation accelerates sharply to 2.3% in October
via ft.comFigure exceeded expectations, driven up by rising energy prices -
FirstFT: Arab states look to Riyadh as bridge to Trump
via ft.comAlso in today’s newsletter, Ukraine uses US-made missiles and Chinese ship probed in Baltic cable incident -
China’s economy braces for Trump
via ft.comWill Beijing’s latest plans to fix the country’s economy be enough to keep up with President Xi Jinping’s long-term plans for growth? -
Best books of 2024: Economics
via ft.comMartin Wolf selects his must-read titles -
FirstFT: Chinese ship spotted where Baltic Sea cables were cut
via ft.comAlso in today’s newsletter, Keir Starmer refuses to condemn Hong Kong crackdown, and Ukraine strikes Russia with US-made long-range missiles -
Trump picks Howard Lutnick to run commerce department
via ft.comCantor Fitzgerald boss to also have ‘direct responsibility’ for the office of the US trade representative -
Why Trump’s trade war will cause chaos
via ft.comTariffs, especially on one country, will lead to an unholy economic and political mess -
Warning retail job cuts ‘inevitable’ after Budget
via bbc.comRetail firms have written to the chancellor to say they cannot manage rising costs and tax bills. -
BoE must take ‘gradual approach’ to rate cuts after Budget, Bailey says
via ft.comBank governor tells MPs it will take time to assess the impact of national insurance rise -
Tariffs and taxes are not very inflationary
via ft.comHouseholds will pay, but probably not through much higher prices
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