Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mediobanca is known for being wily, creative and ruthless on behalf of clients. It is now putting those qualities to good use in its own defence. Having found itself on the receiving end of a … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is former vice-chair of the Federal Reserve and global economic adviser at Pimco The September 1985 Plaza Accord and the subsequent February 1987 Louvre Accord are justly lauded today as significant … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A remark that can still make me mad, five years on, is when some well-educated person confides that they had “a lovely pandemic”. They know it’s a guilty secret: they’re not entirely obtuse. But some … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. According to the Liberal Democrats, a “scourge” is afflicting “the quiet majority” of travellers on British public transport. It is the inconsiderate behaviour of other passengers who watch videos and play music without using headphones, … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A few weeks ago, a British government official privately joked to me that London’s markets have become “chained to a drunken dragon”. The reason? Gilt yields used to move (mostly) in response to … Read more
GE’s ascent vindicates Immelt, if only by accident
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a biographer of Pope Francis and co-authored ‘Let Us Dream: the Path to a Better Future’ with him Today, the cardinals mourn and bury Pope Francis. As they do so, they will … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. M&A bankers can’t catch a break at the moment. Higher interest rates and market volatility were already making it harder to get large deals done, and now some are concerned that the European Central Bank … Read more
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. While the financial world has been laser-focused on one geopolitical crisis — the trade war — two others … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an external member of the Bank of England’s Monetary Policy Committee For a small, open economy like the UK, the impact of US tariffs on inflation is somewhat ambiguous and influenced by … Read more