world economic news
- ECONOMY
Should Brussels regulators show their empathetic side?
This article is an on-site version of our Trade Secrets newsletter. Sign up here to get the newsletter sent straight…
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Richest Latin Americans should pay ‘much more’ tax, says IMF
The IMF’s top official for Latin America has urged governments to make the rich pay “much more” in tax, saying…
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US banks set to return money to shareholders after stress tests
America’s biggest banks will learn the results of their latest stress tests from the US Federal Reserve this week, with…
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Artes Mundi prize: six artists announced as joint winners
US artist Carrie Mae Weems has a message for the people of Wales. “Peidiwch â phoeni. Byddwn yn dal dwylo…
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Esther Duflo and Abhijit Banerjee: ‘Ours is a social science’
This is part of a series, ‘Economists Exchange’, featuring conversations between top FT commentators and leading economists about coronavirus economic…
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Net flows into inflation-linked ETPs surge to a record $4.4bn in May
Net flows into inflation-linked exchange traded products, which aim to protect investors from the ravages of monetary debasement, hit a…
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Western powers reignite Beijing anger after G7 and Nato warnings
For more than six weeks, Taiwanese military officers wondered where the Chinese fighter jets had gone. During May, only four…
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Britain faces learning to live with Covid’s tragic consequences
Never before in the 18-month history of Covid-19 have scientists been less confident about predicting the course of the pandemic.…
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Cuba’s homegrown Covid vaccine shows promise
One of Cuba’s coronavirus vaccines has shown 62 per cent efficacy in late-stage trials, using just two out of the…
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How Juneteenth became a consolation prize
This weekend Americans celebrated Juneteenth for the first time as a national holiday, but for many black Americans the festivities…
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How will the Bank of England react to the return of inflation?
How will the Bank of England react to the return of inflation? UK inflation has climbed above the Bank of…
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Raisi victory secures control for Iran’s hardliners
When Ebrahim Raisi first contested Iran’s presidency in 2017, the sombre conservative cleric lost badly, failing to win over aspirational…
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China links pose a threat to academic freedom in Britain
The writer is Conservative MP for Tonbridge and Malling and chair of the Foreign Affairs Select Committee Cardiff University published…
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Conservative cleric Raisi set for landslide victory in Iran poll
Ebrahim Raisi, a conservative cleric, was set for a landslide victory in Iran’s presidential election that would give regime hardliners…
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Home swaps boom as UK Covid travel ban bites
In April, Corinne and Colin Westacott spent three days cleaning and preparing their house before taking a leap of faith.…
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Johnson to strip electoral watchdog of prosecution powers
Boris Johnson is set to remove the Electoral Commission’s power to prosecute lawbreaking, only a month after the electoral watchdog…
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Poland officials targeted in Russian cyber attack, says Kaczynski
Senior Polish officials were targeted in a cyber attack that originated in Russia, Poland’s de facto leader Jaroslaw Kaczynski said…
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Donaldson frontrunner to be next leader of Northern Ireland’s DUP
Northern Ireland’s Democratic Unionist party is likely to choose Westminster MP Sir Jeffrey Donaldson as its next leader within a…
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Reflation trades pummelled after Fed’s hawkish shift
The “reflation trade” that has dominated financial markets since the emergence of coronavirus vaccines last year has been pummelled after…
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Breyer under mounting pressure to relinquish Supreme Court seat
Harvard Law School professor Randall Kennedy shocked the legal world in 2011 when he called for the immediate retirement of…
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Industry retools to build Britain’s new Tempest combat aircraft
A second world war hangar in northern England has become a test bed for British-led efforts to build the next…
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How much can Lina Khan do to rein in Big Tech?
As Democrats in Washington made their final preparations for an assault on the power of Big Tech, it looked like…
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UK Treasury criticised over failure to publicise Covid sick pay scheme
The UK Treasury has been criticised by business leaders, MPs and union chiefs over its deliberate failure to publicise rules…
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The west’s awe of Russian spycraft is misplaced
Eighty years ago this week, Germany’s imminent invasion of the Soviet Union was an open secret around the world. The…
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Brazil’s Covid inquiry puts Bolsonaro on the back foot
For the third time in a little over a month, Brazilian President Jair Bolsonaro this weekend rallied thousands of his…
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London cements position as hub for telecoms patent disputes
When Huawei lost a legal challenge at the UK’s highest court last year, over the licensing of patented technology, lawyers…
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The dealmaker on a mission for social mobility
When Sir Peter Lampl was invited back to his old Oxford college for lunch with its president in the 1990s,…
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‘Our children are coming to terms with a different life’
When Leah* heard that the UK would lock down, shutting her south London school indefinitely, she spun through a range…
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South Korea’s SK accused of greenwashing after LNG U-turn
One of South Korea’s biggest conglomerates is facing a backlash from activist groups after finalising a large Australian liquefied natural…
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‘Structural faults’ caused Mexico City metro collapse, says report
The collapse of a metro overpass in Mexico City last month that killed 26 was caused by at a series…
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Asia’s sex crimes and online surveillance
This article is an on-site version of our #techFT newsletter. Sign up here to get the complete newsletter sent straight…
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How Xi’s China came to resemble Tsarist Russia
The very first line of the Chinese Communist party’s constitution declares it is “the vanguard of the Chinese working class”.…
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Indians have been left scarred by the Covid tsunami
A friend stricken with Covid-19 at the peak of India’s ferocious second wave — as I was — called to…
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Avoiding details helped end the world’s longest-running trade dispute
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Youth vs the gerontocrats: a potent political force tests Africa’s ageing rulers
Until last November, Luzige Masudi, a skinny young man with the physique of a ballet dancer, made his money as…
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Syria’s perfect economic storm should not be ignored
Fadi Hassan is a research associate at the London School of Economics’ Centre for Economic Performance and Andrea Presbitero is…
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The Airbus and Boeing subsidy battle is far from over
After 17 years, millions of dollars in legal fees and much bad blood between Boeing and Airbus, the world’s longest-running…
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Covid jabs set to be made compulsory for care home staff in England
Care home staff working with elderly people in England will have to be immunised against Covid-19 as a condition of…
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Biden vows to tell Putin ‘what the red lines are’ at Geneva talks
US president Joe Biden and his Russian counterpart Vladimir Putin will meet in Geneva on Wednesday for talks aimed at…
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Biden’s plan to keep China in check relies on Manila
From Japan to Nato, the administration of US president Joe Biden is rallying allies against security challenges from China. But…
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Regeneron antiviral treatment saves lives of Covid patients in hospital
Regeneron’s antibody cocktail significantly reduces the risk of death among hospitalised Covid-19 patients whose own immune systems have failed to…
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Court blocks Joe Biden’s pause on US oil and gas leases
A judge on Tuesday cleared the way to resume the sale of oil and gas leases on US public lands,…
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Tokyo Olympics will need bailout if games go ahead without spectators
The Tokyo Olympics will need a public bailout of about $800m if the games are held behind closed doors as…
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China’s tech workers pushed to their limits by surveillance software
Andy Wang, an IT engineer at a Shanghai-based gaming company, occasionally felt a pang of guilt about his job. Most…
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French court finds Ikea guilty of spying on staff
A French court has ordered Ikea to pay €1m in fines and convicted the former chief executive of its French…
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Sanofi agrees to inject tens of millions of pounds into UK pension scheme
Sanofi, one of Europe’s largest drugmakers, has agreed to inject tens of millions of pounds into its UK pension plan…
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Brittany unveils plans for cross-Channel electric ‘flying’ ferries
Electric ferries could be skimming just above the surface of the English Channel by the end of the decade under…
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US warns EU against anti-American tech policy
The US has warned the EU against pursuing “protectionist” technology policies that exclusively target American companies, ahead of Joe Biden’s…
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Businesses warn of lost summer as England’s lockdown is extended
Businesses have warned that the UK government risks “falling at the final hurdle” after it refused to extend key coronavirus…
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Nato warns China’s military ambitions threaten global order
Nato leaders have warned that China poses “systemic challenges” to the rules-based international order in a sign of growing western…
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