Venezuela’s authoritarian government has arrested dozens of people, including a former finance minister, in a crackdown on black market dollars and independent economists that analysts fear could return the country to economic ruin. The country’s bolívar currency has lost about two-thirds of its official value since President Nicolás Maduro abandoned a fixed exchange rate in … Read more
Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. Bond giant Pimco has been buying long-term Japanese government debt to take advantage of what its global fixed income chief Andrew Balls called a “dislocation” in the market. Japanese government bonds have been hit hard … Read more
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The war between Iran and Israel has driven European diesel and jet fuel prices to their highest levels in 15 months, as traders fret about potential disruptions to exports from the Middle East. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief executive of Minerva Analytics, a shareholder advisory firm The firms that advise big shareholders on corporate governance matters and help them vote are under siege. A simmering backlash over the activities … Read more
There is a buzz around bitcoin. The world’s oldest and best-known cryptocurrency is trading close to record highs as enthusiastic investors bet on greater political and regulatory support from Donald Trump’s administration. The digital currency has climbed by more than 50 per cent since Trump’s election victory in November and has wiped out all the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British stocks are on track for their best half-year since 2021. Meanwhile, concerns about unpredictable trade policy and spiralling government debt have shaken a long-held investor belief in “US exceptionalism”. If ever there were a … Read more
Stay informed with free updates Simply sign up to the Travel & leisure industry myFT Digest — delivered directly to your inbox. The number of Britons choosing to travel abroad has risen for the fifth consecutive year, despite growing concerns over US tariffs and the strength of sterling making holidays more expensive. More than two-thirds … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is starting to look as if investors are all talk and no action when it comes to the anything-but-America trade. At the start of this year, and especially around the time of President Donald … Read more
Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. The US audit regulator created in the wake of the Enron scandal has been granted a reprieve after the Senate parliamentarian ruled that Republicans’ plan to shutter the agency as part of their giant … Read more
How Astronomers Will Deal With 60 Million Billion Bytes of Imagery Source link