Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors are dumping publicly traded private credit funds as they take losses on bad loans and concerns intensify that AI will wreak havoc on the software companies they have financed. The vehicles, known as business … Read more
With just six rockets and eight drones, Hizbollah this week plunged Lebanon back into a war that most of the country’s people — including some of the militant group’s own base — vehemently oppose. Since entering the war between Israel, the US and Iran on Monday, the Lebanese group has fired volleys of rockets and … Read more
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global flows of gold and silver are suffering major disruption as war in the Middle East halts most air traffic into and out of Dubai, in a move that traders say could trigger further volatility … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Sic semper tyrannis” (thus always to tyrants). This well-known tag evokes the proper fate of despots. That Ali Khamenei was a tyrant and his theocratic regime tyrannical cannot be doubted. There is little doubt that … Read more
As Donald Trump’s supporters rushed to praise the US president for his decision to strike Iran over the weekend, one close ally in Washington was notably quiet. Vice-president JD Vance made no public comment on the military campaign for nearly 72 hours while Republican lawmakers appeared on television and cabinet members took to social media … Read more
The crisis in the Middle East is set to push China closer to Russia, analysts warned, as Beijing confronts the potential loss of cheap Iranian oil supplies and long-term disruption to energy markets. China is the world’s largest oil and gas importer and relies on Iran for 13 per cent of its crude oil imports. … Read more
To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
Sir Keir Starmer’s plan to boost the UK economy by unwinding the Brexit deal is “languishing” and “suffering from a lack of direction, definition and drive”, a cross-party group of MPs warned on Wednesday. The House of Commons foreign affairs committee issued a stinging report on the prime minister’s proposed UK-EU “reset”, saying it was … Read more
Donald Trump said the US military could begin escorting oil and gas tankers transiting the Gulf “if necessary” and “as soon as possible”, as the administration seeks to calm energy prices that have increased as a result of the joint US-Israel war on Iran. The US president said he had also ordered the US Development … Read more