The former Goldman Sachs banker on the impact of US tariffs, and his role in structuring Friedrich Merz’s €1tn spending plan
2025 pointed to a pick-up following the city’s lengthy post-pandemic malaise — but the top-of-year glow now has to be filtered through a new lens
Plan alarms farmers and other exporters while Beijing warns of higher shipping costs and supply chain disruption
Chilling effect on charitable organisations comes as need for funding rises amid Trump cuts
US secretary of state says Washington will focus on ‘other priorities’ if war cannot be ended soon
Satellite group linked to People’s Liberation Army has supplied images to Iran-backed group in Yemen, say officials
John Moolenaar warns banks of ‘regulatory, financial and reputational risks’ for working on deal
Nvidia has become a symbol of the looming business nightmare unleashed by Donald Trump
Chair of Arts Council England says arm’s-length funding of theatre, music and museums helps prevent politicisation
Lawyers advise wealthy clients that HMRC could use membership as evidence of strong ties to Britain
In the US president’s vision of post-liberal global disorder the weak should always surrender to the strong, writes the historian, philosopher and author
Also in this newsletter, could the ‘India Stack’ go global?
Levies threaten to undermine Narendra Modi’s pledge to ease burdens on business
Move comes as US government escalates attacks on country’s universities
US president raises hopes of breakthrough while meeting Italy’s leader Giorgia Meloni in Washington
Officials say memo was signed ‘virtually’ and hope to finalise a full economic accord by the end of next week
Ninety-year-old precedent known as Humphrey’s Executor is crucial guardrail protecting US central bank’s independence
US president lashes out at head of central bank, saying his ‘termination cannot come fast enough’
Plus, the Troubles cast a long shadow over education
Concerns that sensors in electric vehicles could be used to gather intelligence
Vladislav Zubok’s monumental account is not just history, but a reassessment of a stand-off that still shapes geopolitics today
Prince Khalid bin Salman is highest-ranking royal to hold meetings in Tehran in decades
Plus, what British Steel means for UK-China relations
Trade war and cleantech retreat are threats to US producers and may boost Beijing
A vibe shift is needed to close the gap between the UK and Silicon Valley
