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Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’  Having tagged America’s inordinately large share of global financial markets as “the mother of all bubbles” in my last
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On a recent Friday morning in Alianza Industrial Park, dust billowed up as diggers and lorries cleared land near a site for Chinese tyre maker ZC Rubber. A crane was poised to lift material for lithium and lead battery maker Leoch. A sign at its entrance welcomed another new firm in Mandarin and English. Germany’s
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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. Russia has evacuated at least 400 soldiers from the Damascus region in recent days in co-ordination with the main rebel faction that toppled Bashar al-Assad’s regime, an official from the group said. The soldiers had
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Bashar al-Assad’s central bank airlifted around $250mn in cash to Moscow in a two-year period when the then Syrian dictator was indebted to the Kremlin for military support and his relatives were secretly buying assets in Russia. The Financial Times has uncovered records showing that Assad’s regime, while desperately short of foreign currency, flew banknotes
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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. Israel’s defence minister told troops to fortify their position in newly seized Syrian territory, making plans to send in reinforcements and equipment despite UN demands that the country retreat immediately. Since rebels toppled Bashar al-Assad’s
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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. Russia appears to be withdrawing some of its Syria-based forces following the sudden fall of Bashar al-Assad’s regime, according to analysis of satellite photography and a Ukrainian intelligence assessment. Images captured by Maxar and Planet
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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. The writer is the author of ‘Uncharted: How to Navigate the Future’ Turnarounds are tougher than they look. The stories (always told backwards) suggest a single hero, usually male, rides into town, takes daring and
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world We will soon find out whether Donald Trump has changed his tune on the dollar. In his first term, the comeback president had a clear preference for a weaker buck. On one notable
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Last Sunday, Abdel Rahman was serving a 15-year sentence in a cramped cell in Syria’s notorious Saydnaya prison, after an altercation with a corrupt police officer last year in Damascus. By Friday morning, he was in the ancient market of the old city selling the newly adopted green Syrian flag — the one anti-Assad rebels
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George Sweeney strides across the site of a partially constructed 27-storey apartment block in Bermondsey, in south-east London, shaking hands and chuckling with the construction workers he passes.  The 17-year-old says he was the only teenager in his class at secondary school to do a construction apprenticeship last year. Throughout mainstream education “you’re pushed down
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Chancellor Rachel Reeves came to office in July pledging to make stronger growth the number one mission of the new Labour government. Official figures on Friday underlined how far she is from achieving this ambition.  After gaining momentum since 2023, output slipped back in September and October. The figures confirm that businesses and households shied
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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. The UK economy unexpectedly shrank 0.1 per cent in October, the second contraction in a row, in a blow to the Labour government’s economic agenda. The monthly change in GDP published on Friday by the
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€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
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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. Romania’s constitutional court has annulled last month’s first round of presidential elections after evidence that the leading candidate benefited from Russian intervention. The unprecedented decision to strike down the vote, which was won by far-right candidate
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€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
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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. The US economy added 227,000 jobs in November, a sharp rebound after the previous month’s total was dragged down by hurricanes and the Boeing strike. Friday’s number, published by the Bureau of Labor Statistics, beat
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€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
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