Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Marina Zucker-Marques and Ulrich Volz are from SOAS University of London and Kevin Gallagher is from the Boston University’s Global Development Policy Center. They are members of Debt Relief for a Green and Inclusive Economy
Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media. In an Oct. 6 thread on X (formerly Twitter), the anonymous account NFT Ethics tagged OpenSea, asking it to respond to accusations
This article is part of FT Globetrotter’s guide to London Anglican churches in the City of London have found a novel way to get bottoms on pews: by converting their ecclesiastical spaces into coffee shops. The trend began a decade ago when St Mary Aldermary opened the Host Café at the entrance to its nave,
Polish opposition leader Donald Tusk last month offered to stop instructing his candidates to stay away from journalists from state-controlled outlets. It was a rare olive branch extended in a partisan media landscape reaching fever pitch ahead of elections on Sunday. But it quickly backfired. As Tusk was speaking, a journalist from TVP state television
In suggesting that China could emulate South Korea’s path to economic prosperity, Martin Wolf’s column (“We should not call ‘peak China’ just yet”, Opinion, September 20) glosses over a number of key differences between the two economies that make a similar Chinese economic feat highly improbable. The most important difference is that South Korea did
John Ralfe (“Peering at Eton’s £100mn bet”, FT Alphaville, FT.com, September 29) criticises Eton’s decision to borrow by assuming that the risk of investing in equities is the same over the long as it is over the short term. This is invalid if real equity returns are mean reverting. Mean reversion cannot be proved but
Stay informed with free updates Simply sign up to the Global economic growth myFT Digest — delivered directly to your inbox. Momentum in advanced and emerging markets has slowed towards its weakest levels since the world emerged from the Covid-19 lockdowns, with the US standing as one of the few economic bright spots as rising
In this article DRI AEP BIP CTRA XOM Follow your favorite stocksCREATE FREE ACCOUNT A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. Sergio Moraes | Reuters Dividend-paying stocks are looking even more attractive as investors grapple with
Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar. BTC/USD 1-hour chart. Source: TradingView Trader: Bitcoin behavior at resistance “not the best” Data from Cointelegraph Markets Pro and TradingView showed BTC price performance avoiding downside volatility over the weekend. The pair recovered from a
It’s one of those blue-sky days when the English countryside is not so much green and pleasant as indecently gorgeous. As we make our way through the Meon Valley, towering hedgerows shimmy by the sides of the roads; fields roll down to churches quaintly ding-donging; and coiffed sheep frolic as if on psychedelics. We turn
Federal Reserve Bank of Cleveland President Loretta Mester said Friday’s jobs report didn’t change her view that the labor market remains strong, and that further interest-rate hikes will depend on additional incoming data. “The inflation rate is still too high, the level of inflation remains high, but at least we’re seeing progress on it,” Mester
Top Stories This Week Opening arguments begin in Sam Bankman-Fried trial The trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off on Oct. 4 in New York after jury selection began the previous day. Assistant United States Attorney Thane Rehn told jurors that SBF used FTX customer funds to enrich himself and gain credibility
A 1970s monument to modern architecture is sailing through the test of time in the picturesque hills of Italy’s Chianti region. The long, two-story villa, with strong horizontal lines and a flat roof, is stepped into the countryside terrain of Strada in Chianti, about a 30-minute drive from the Tuscany capital city of Florence. Florentine
A customer inspects a Tesla Motors Inc. Powerwall unit inside a home. Ian Thomas Jansen-Lonnquist | Bloomberg | Getty Images After a summer of extreme weather and wildfires and now during the peak of hurricane season, the power going out again is becoming familiar to more Americans. That means it may be a good time
The Tesla logo is seen on a charger station in Virginia on Aug. 16, 2023. Celal Gunes | Anadolu Agency | Getty Images Check out the companies making headlines in midday trading. Pioneer Natural Resources — The energy stock added nearly 10%. The action comes after The Wall Street Journal reported that Exxon Mobil is
Municipals were weaker along with U.S. Treasuries Friday following better-than-expected jobs data while equities rallied on the data. The September non-farm payrolls report dashed any suggestions that the labor market is weakening, but analysts still debate whether the Federal Reserve will need to raise rates again. In addition to 336,000 jobs being created in the
North Carolina Gov. Roy Cooper is leading a state delegation to Japan next week to attend the Southeastern United States/Japan (SEUS/Japan) economic development conference in Tokyo. The trip, from Oct. 11 to 15, aims to entice businesses to move to the state. The delegation will also meet with officials and business leaders. “Japan is a
Enjoy complimentary access to top ideas and insights — selected by our editors. Peter Hayes, one of the most well-known and influential people in the municipal bond industry, plans to relax and enjoy life with his family and friends after he retires early next year. “I’ll be 65 next year — and I didn’t think
Labour activists partied into the early hours on Thursday night in Rutherglen on the southern outskirts of Glasgow, drinking cans of Tennent’s lager and singing “Things Can Only Get Better” — the unofficial theme tune to New Labour when it won its 1997 general election landslide. They were celebrating the seizure of the Rutherglen and
The largest health-care strike in U.S. history hit Kaiser Permanente Wednesday, putting investors who buy and sell hospital bonds on edge as an industry that’s already experienced more than its share of distress struggles to stabilize financially. Kaiser has almost $4 billion in outstanding municipal-bond debt, according to Bloomberg data, including $1 billion in so-called