Avoiding Kindleberger’s Trap

Bob McCauley is a non-resident senior fellow at Boston University’s Global Development Policy Center and associate of the faculty of history at the University of Oxford. Kindleberger’s Trap is the danger that a fading hegemon lacks the ability but the ascendant one lacks the will to supply the world economy with vital public goods — … Read more

Japan secures priority tariff negotiations with Donald Trump

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan emerged on Tuesday as the first major economy to secure priority tariff negotiations with Donald Trump, highlighting its status as Washington’s biggest creditor and investor and triggering a 7 per cent surge in Tokyo-listed … Read more

What Donald Trump’s return to ‘maximum pressure’ means for Venezuelan oil

This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Welcome to Energy Source, coming to you from New York, where markets continue to melt down following Donald … Read more

BDO probed over its audit of crisis-hit homeless housing fund

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s accountancy watchdog is investigating BDO over its audit of Home Reit, a property fund providing accommodation to the homeless, which is winding down after a short seller accused it of misleading investors. The Financial … Read more

Nuclear boom sparks urgent call for investment in new uranium mines

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world must “immediately” make substantial investments in mining uranium to meet surging demand for nuclear energy, according to the latest industry stocktake that highlights the renaissance in the power source.  Currently identified uranium resources … Read more

EU recalibrates response to US tariffs after ‘black day’ for markets

This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and fortnightly on Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. European markets were savaged yesterday as Donald Trump’s trade war got very … Read more

When to buy the dip

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

Companies look for US tariff workarounds

Equities markets continued to adapt to the tariffs unleashed by US President Donald Trump, oil prices hit a four-year low on Monday, and investors are expecting the European Central Bank to make two rate cuts by July. Plus, the FT’s Stephen Foley explains how consultants are advising their clients on limiting the damage from tariffs. … Read more

Mexico considers increasing fracking as Donald Trump sparks fear over US gas reliance

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mexico’s government is talking to the private sector about expanding fracking as Donald Trump’s trade threats heighten fears over the country’s dependence on US gas, four executives with knowledge of the conversations have said. Mexico … Read more