Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.At a Barcelona economics conference last month, headlined “Europe: wake-up call?”, Spanish Prime Minister Pedro Sánchez took to the stage and urged the continent to “wake up once and for all . . . take control of its destiny, and move from words to action”.The EU — galvanised by US President Donald Trump’s aggressive tariff policies — is awash with talk of stimulating economies and boosting competitiveness. In particular, last year’s influential report on European competitiveness by former European Central Bank president Mario Draghi has been…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is author of ‘Blood and Treasure, the Economics of Conflict from the Vikings to Ukraine’Worries over geopolitical risks have regularly featured towards the top of polls of investor concerns over the past year. In recent months, “geopolitical risk” has often been a polite euphemism for unpredictable American tariff policies, preferred by US institutions which do not want to annoy the White House too much. But now the geopolitical risk which is materialising, is a more traditional one, the threat of…
Israel’s assault on Iran thrusts oil and gas assets into frontline of conflict Source link
From politics, economics and history to art, food and, of course, fiction — FT writers and critics choose their favourite reads of the year so far Source link
This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters hereToday’s agenda: G7 summit; JPMorgan’s Europe chief relocates; Adnoc bids $19bn for Santos; profile of Gavin Newsom; and a deathbed letter to Vivienne WestwoodGood morning. We start the working week with the latest updates on the conflict between Israel and Iran, which has entered its fourth day.What’s the latest? Both sides traded strikes over the weekend and into this morning, with Iranian rockets hitting several locations…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Asian Development Bank is reviewing whether to lift a ban on funding nuclear power projects to help meet a surge in demand for energy across the region. The talks between officials at Asia’s largest multilateral lender and government stakeholders reflect growing support for the emissions-free energy source among global policymakers as they search for solutions to meet fast-rising electricity demands and climate commitments. It follows a decision by the board of the World Bank last week to remove its decades-long prohibition…
Bank of England rate-setters already grappling with unpredictable US trade policy and unreliable UK data now face a fresh oil price shock as they meet this week to set borrowing costs in the wake of Israel’s air strikes against Iran. The potential for prolonged conflict and disruption to energy supplies would make the BoE’s Monetary Policy Committee even more inclined to caution at a meeting where it was already widely expected to hold interest rates at 4.25 per cent, economists said. Fallout from the air strikes on Friday would also make it even harder for the committee — deeply divided since its…
Stay informed with free updatesSimply sign up to the Chinese economy myFT Digest — delivered directly to your inbox.The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’The great half-truth about China is that its economy consumes too little and invests too much. Over-investment is a real problem, but underconsumption is not. So the mounting calls on the country to “rebalance” by encouraging more consumer spending are misguided. In the standard telling, China set out to become a manufacturing power in the 1980s and has since suppressed spending by consumers, so it could pour…
Image credit: Getty Images The Dubai Government Human Resources Department (DGHR) has announced the rollout of the ‘Our Flexible Summer’ initiative across all Dubai Government entities, following a successful pilot phase in 2024. The initiative, designed to promote work-life balance, will run from July 1 to September 12, 2025, and will be implemented at the discretion of each government entity. Read-Dubai traffic: RTA mulls flexible working hours, remote work policies Under the program, employees will follow one of two flexible schedules aligned with the official five-day work week. The first group will work eight hours daily from Monday to Thursday,…
More colleges are launching courses in entrepreneurship but founders question their value Source link