Benjamin Netanyahu under pressure from far-right allies on Gaza ceasefire deal

Benjamin Netanyahu under pressure from far-right allies on Gaza ceasefire deal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s Prime Minister Benjamin Netanyahu on Thursday accused Hamas of reneging on parts of the Gaza ceasefire and hostage release deal, as he faced pushback against the US-brokered agreement from his far-right allies. Israel said…

German economy shrinks for second consecutive year

German economy shrinks for second consecutive year

Stay informed with free updates Simply sign up to the German economy myFT Digest — delivered directly to your inbox. Germany’s economy shrank for a second straight year in 2024, underlining the severity of the downturn facing Europe’s manufacturing powerhouse. The Federal Statistics Office said on Wednesday that Europe’s largest economy contracted by 0.2 per…

Donald Trump faced sufficient evidence for conviction in election case, special counsel report says

Donald Trump faced sufficient evidence for conviction in election case, special counsel report says

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump faced “sufficient” evidence to have been convicted at trial for seeking to overturn the result of the 2020 US presidential election, according to the special counsel who led the case against…

Dollar hits two-year high after robust US data puts brake on rate cut bets

Dollar hits two-year high after robust US data puts brake on rate cut bets

Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. The dollar hit a two-year high against major currencies on Monday, with the pound the biggest faller, after strong US jobs data late last week led traders to slash expectations for further interest rate cuts by…

EU fears Donald Trump rolling back Biden-era measures

EU fears Donald Trump rolling back Biden-era measures

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world EU officials are analysing hundreds of executive orders and sanctions imposed by US President Joe Biden amid growing concern that Donald Trump will rescind them, potentially upending foreign relations and trade. Brussels is…

UK bond market sell-off deepens and pound falls

UK bond market sell-off deepens and pound falls

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK 10-year borrowing costs climbed further on Thursday as a bond market sell-off deepened, hitting the pound and threatening to derail the Labour government’s fiscal plans. The 10-year gilt yield rose as much as 0.12…

China’s currency hits 16-month low on Trump tariff fears

China’s currency hits 16-month low on Trump tariff fears

China’s currency has weakened to a 16-month low following strong US economic data overnight and as the potential for sharp tariff increases from the incoming Trump administration fuels concern over growth prospects for the world’s second-largest economy. The onshore renminbi fell 0.1 per cent to Rmb7.33 against the dollar on Wednesday, its weakest since September…

US adds Tencent and CATL to list of companies working with China’s military

US adds Tencent and CATL to list of companies working with China’s military

Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. Tech group Tencent and the world’s dominant battery maker CATL are among a swath of Chinese companies that have been designated by the Pentagon as having alleged military links, in a move that sent the…