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-
What will China do now?
Beijing must decide if it will conduct business as usual in the wake of the US’s ousting of Maduro in Venezuela -
FirstFT: EU weighs ‘membership-lite’ for Ukraine
Also in today’s newsletter: German far right woos Maga, and BBC-YouTube deal -
Fiscal threats lurk in the undergrowth for Japan
The country is the darling of investors, but that could change -
EU and Australia wrangle over food imports in push to seal trade pact
European Commission president Ursula von der Leyen expected to travel to Australia next month to sign agreement -
Can Mark Carney Trump-proof Canada’s economy?
After several decades of closer integration with the US, the country’s prime minister is pushing large infrastructure projects and looking for new markets -
A less independent Fed raises risks to a key crisis tool
If the Trump administration exerts more influence on the US central bank, global swap lines could become more politicised -
Carney and Xi meet to mend Canada-China ties as Trump disrupts global order
First visit to Beijing by a Canadian PM in almost a decade follows deep chill in relations between the two nations -
Trump calls for largest US power grid operator to hold emergency auction
President and state governors want tech groups to build plants to meet AI demand and help lower utility bills -
Trump calls for emergency energy auction to make tech giants pay for AI power
President urges nation’s largest grid operator to have data centre companies bid for contracts to build power plants -
FirstFT: US and Taiwan strike trade agreement linked to $250bn chip investment
Also in today’s newsletter: Japanese opposition parties unite and Wall Street’s investment banking revival -
US and Taiwan strike trade deal tied to $250bn chip investment
Agreement will reduce tariffs on goods from the island to 15% and will ease tensions between the two countries -
UK economy beat expectations to grow 0.3% in November
Figure marks rebound from previous month’s contraction -
Maersk resumes shipping through Red Sea after ceasefire
Industry’s return to the corridor would cut transit times and lower freight rates -
Maersk resumes shipping route through Red Sea
Industry’s return to the shipping corridor would cut transit times between Europe and Asia lowering freight rates -
FirstFT: Pimco pivots from US assets
Also in today’s newsletter: tense meeting fails to resolve differences over Arctic security and Minneapolis on edge -
German economy grows for first time since 2022
Bundesbank expects country to recover slowly from its multiyear recession -
Beige Book confirms US tension between inflation and jobs persists
Economic activity rises in most districts over past three months -
German economy grew 0.2% in 2025
Bundesbank expects country to recover slowly from its multi-year recession -
Whose fault is fiscal dominance?
Monetisation and its discontents -
FirstFT: Trump says he has received assurances on Iran protesters
Also in today’s newsletter: Pimco pivots from US assets and Greenland working group -
Would a ‘mild zombie apocalypse’ be a good thing for the UK economy?
Business dynamism comes in many different forms -
White House sets tariffs to take 25% cut of Nvidia and AMD sales in China
Semiconductor levies are designed to enact a deal Donald Trump cut with chipmakers to allow shipments of AI processors -
China’s mighty green tech sector still has stubborn weak points
Trade tensions highlight reliance on imported components and minerals -
China blames US for trade imbalances as surplus hits record $1.2tn
Exports soar as world’s second-largest economy shakes off Donald Trump’s tariff threat -
NZ central bank chief rebuked over support for Fed’s Powell
Foreign minister warns newly appointed governor to ‘stay in her New Zealand lane’ -
Progress on (half of) inflation
Plus fiscal dominance and the Fed -
FirstFT: Trump warns Iran to ‘show humanity’ or face ‘very strong action’
Also in today’s newsletter: US bill on military annexation and China’s $1.2tn trade surplus -
FirstFT: Chinese exports soar despite Trump’s trade war
Also in today’s newsletter: McKinsey pilots AI in recruitment and Saks Global files for bankruptcy protection -
China blames US for trade imbalances as surplus hits record $1.2tn in 2025
Exports soar as world’s second-largest economy shakes off Trump tariff threat -
Why the world has started stockpiling food again
Governments are hoarding rice and grain as insurance against a world they increasingly view as unstable. But many economists believe it could be counter-productive
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