five years that changed our money

Five years on from the first pandemic in more than a century it is salutary to recall how working habits were upended, leisure was curtailed and family relations severed because of the Covid-19 lockdown — except, of course, in Boris Johnson’s riotous entourage in Downing Street. Likewise, now that restaurants, theatres and holiday travel are vibrant again, to appreciate … Read more

How America weaponised the world’s economy

Dollar hegemony has long enraged governments around the world. In the 1960s the French complained of America’s “exorbitant privilege”. Forty years later, as the global financial crisis wreaked havoc, China called for a shift away from the dollar. More recently, Brazil’s president, Luiz Inácio Lula da Silva, spoke for many when he asked with derision, … Read more

SpaceX Launches NASA’s Crew-10 Mission

new video loaded: SpaceX Launches NASA’s Crew-10 Mission transcript Back transcript SpaceX Launches NASA’s Crew-10 Mission The mission would allow Suni Williams and Butch Wilmore, two NASA astronauts, to return to Earth. Their brief scheduled visit to the space station last June was unexpectedly stretched to more than nine months. “Ignition and liftoff.” [cheering] “[unclear] … Read more

Klarna files for US IPO despite market tumult

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Klarna has filed for an initial public offering in the US as the Swedish buy now, pay later group presses ahead with its highly anticipated listing despite volatile market conditions.  The fintech, which confidentially filed … Read more

Crispin Odey makes courtroom visit to Staley case over Epstein ties

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Financier Crispin Odey made an unexpected visit to the court where former Barclays boss Jes Staley is challenging the UK financial regulator over allegations he downplayed ties to late sex offender Jeffrey Epstein. Odey, who … Read more