Category: International
Central banks prepare for a long war
Officials are softening people up for difficult decisions ahead. Also in this newsletter, how oil prices work
The age of the American Pharaoh
It would be strange if dynastic succession were not on Trump’s mind
HSBC profits hit by $400mn ‘fraud-related’ exposure
Loss came via Apollo lending to collapsed mortgage lender MFS
Reeves clashed with Bessent over Iran war criticism
Dispute between UK chancellor and US Treasury secretary underscores allies’ diverging stances on the conflict
Putin hunkers down for fear of assassination
Security around Russia’s president tightens after audacious drone attacks from Ukraine
America’s retail army now rules the stock market
Unbowed by the Iran war and other shocks, individual investors are buying their way to new heights of influence
Europe ‘naive’ in clinging to old economic model, says ...
EU must adapt to geopolitical reality shaped by US and China, says Belgium’s Pierre Wunsch
The law firm that shaped Wall Street and the world
With fewer than 300 lawyers, Wachtell racked up bumper profits and exercised outsize influence. Now its model is being challenged ...
Iran’s covert war on opponents abroad
Experts say Tehran is likely to eventually seek retaliation against senior figures over the US-Israeli war
Asia’s economic pain deepens as Iran war drags on
Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy
Iran warns US Navy against entering Strait of Hormuz
Oil surrenders some gains after Washington denies claim that Tehran had struck an American warship
Singapore and New Zealand strike ‘world first’ supply-c...
Leaders call on their other partners to maintain global trade flows with similar agreements
