Australia’s Relationship with United States Gets a Second Look

Australia is one of America’s closest allies; the two countries have fought alongside each other in every major conflict since World War I. Jake Sullivan, former President Joe Biden’s national security adviser, said in January that the two had effectively entered a “strategic marriage.” Lately, though, Australians have been feeling rather like a spouse who … Read more

What the dollar’s bad day shows

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 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 … Read more

Putin’s AI blunder is a gift to opponents

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is research assistant at the Oxford School of Global and Area Studies Vladimir Putin does not use the internet, according to a Russian intelligence officer who defected. Nor does he have a smartphone. … Read more

How ‘weaponised trade’ could lead to ‘weaponised capital’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is co-founder and chief investment strategist at Absolute Strategy Research Donald Trump has weaponised trade with his “liberation day” tariffs. Up until the announcement, investors had fixated on how the tariff details will … Read more

Intangibles shine when tariffs hit the material world

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deglobalisation is one response to tariffs. Dematerialisation is savvier. We are already replacing physical things with intangibles: streaming rather than buying DVDs; kids playing Roblox instead of amassing dolls. Getting a virtual update, whether for … Read more

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