Trump Imposes Tariffs on Remote Islands

President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing. Among the countries and territories listed on sheets of paper that were distributed to reporters in the White House Rose Garden on Wednesday were Heard Island and McDonald Islands, Australian territories near Antarctica where … Read more

How to sift through Trump’s retail discount rack

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world President Trump’s tariffs have poked a hole in retail and apparel stocks on both sides of the Atlantic. Nike, Adidas, Puma, Lululemon Athletica, Amer Sports and Abercrombie & Fitch all dropped more than … Read more

Britain’s fiscal framework is not fit for purpose

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It was not meant to be like this. The independent Office for Budget Responsibility was established to ensure UK governments fixed their finances instead of fiddling the figures. But 15 years on, we are witnessing … Read more

how adaptability under Nadella is paying off

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When Bill Gates and Paul Allen founded the company they called Micro-Soft 50 years ago this week, it was to sell a version of the Basic computer language for the Altair, the first proto-PC. Their … Read more

More Penguins Than People: Trump Imposes Tariffs on Remote Islands

President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing. Among the countries and territories listed on sheets of paper that were distributed to reporters in the White House Rose Garden on Wednesday were Heard Island and McDonald Islands, Australian territories near Antarctica where … Read more

Queasy Irish banks are opportunities for strong-stomached investors

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are few outright winners from a global trade war. But tariffs are a blunt instrument. Sometimes, large headline numbers don’t fully reflect a sector’s exposure — which can create opportunities for sharp-eyed investors. Irish … Read more

Markets are reaching for the Turkish risk premium

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is Schreiber Family Professor of Economics at Brown University On March 23, Istanbul mayor Ekrem İmamoğlu — who has twice defeated President Recep Tayyip Erdoğan’s ruling party in municipal elections — was formally … Read more