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Russia’s aviation industry has defied predictions it would slowly grind to a halt after western sanctions barred access to vital spare parts and maintenance expertise. Domestic air travel has rebounded close to levels last seen before the Covid-19 pandemic, triggering concerns among western executives that safety may eventually be put at risk. Since Russia lifted
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Hello and welcome to the working week. Firstly, thank you Rafe Uddin for shepherding this newsletter last week while I took a look ahead to my eldest son’s future with some university open days. Now, back to this week and this year’s theme of important ballots. The biennial event of a nationally significant American election
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Serbia is considering a move to retake majority control of NIS, its main oil company, from Russia’s Gazpromneft as it rushes to protect itself from the impact of sanctions on Moscow, said the Balkan country’s president. Belgrade is also preparing a half-dozen other projects to diversify the country’s energy sources, including closer co-operation with Hungary, in
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This article is the latest part of the FT’s Financial Literacy and Inclusion Campaign How much have you talked to your children about the cost of living crisis? Our instinct as parents is to shield our children from the financial problems of the adult world, but it’s getting harder to do. Even if your family
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The crisis engulfing Austria’s government deepened after Thomas Schmid — the official at the centre of a sprawling, multiyear probe into corruption — outraged lawmakers by refusing to answer questions at a parliamentary committee, triggering contempt proceedings against him. Opposition parties united in condemnation of Schmid, a key ally of former chancellor Sebastian Kurz, and
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Joe Biden said American democracy was facing an “unprecedented” threat from political candidates who refuse to commit to accepting election results, as the US president made an eleventh-hour appeal to voters ahead of next week’s crucial midterm elections. “There are candidates running for every level of office in America: for governor, for Congress, for attorney-general,
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Another Big Four accounting firm (EY) has reported that its partners earned an average at or close to £1mn per annum (£800,000 in EY’s case). It would be instructive to compare the average remuneration of the Big Four’s clients’ chief financial officers with the 4,000 to 5,000 UK audit partners’ earnings. Do the Big Four
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Your browser does not support playing this file but you can still download the MP3 file to play locally. As more people fly, aviation is on track to becoming a much bigger problem for climate change. Host Pilita Clark, FT columnist and climate journalist, looks at the potential for a more sustainable aviation industry, a
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Greetings from California, where I arrived late last week to take part in the Real Time with Bill Maher television show in Los Angeles. To my delight — and surprise — the HBO show (which featured Yuval Noah Harari, the author of Sapiens, and Quentin Tarantino, the film-maker) included an unplanned debate on climate change.
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Late November heralds one of the highlights in the FT Weekend calendar — our annual Books of the Year series — in which FT writers and critics choose their favourite titles of the past 12 months on subjects ranging from politics, economics, science and history to art, tech, food and the environment. Novels, poetry and
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