FirstFT: Israel and Hamas agree to first phase of Gaza peace plan
Also in today’s newsletter, First Brands’ vanishing assets and Nato’s response to Vladimir Putin’s hybrid war
International - Financial Times - Credit Squeeze
NI border checks must improve before veterinary deal is signed, EU says
Brussels tells London to comply before it can start serious talks on a sweeping agrifood agreement
Bessent grilled Fed chair candidates on rates and quantitative easing
Trump administration ends first round of interviews to find replacement for Jay Powell
Central banks need to learn lessons about supply shocks
We now know that the inflation that often follows can be persistent rather than transitory
‘Vicious cycle’: the UK’s struggle with soaring food prices
Living wage rises and planning system woes are driving price increases, say producers
What Pfizer’s deal with Trump means for global drug pricing
Investors are more hopeful about the pharma industry’s chances of mitigating US threats
Fed officials were cautious about inflation as they agreed rate cuts
Minutes from US central bank’s September meeting showed lingering concern about price pressures
Gold price tops $4,000 for first time
Prices have doubled in less than two years as central banks stockpile bullion and investors pour in to gold funds
IMF and BoE warn AI boom risks ‘abrupt’ stock market correction
Kristalina Georgieva and UK financial stability watchdog say valuations are closing in on dotcom bubble levels
US tariffs are still *checks notes* around 10 per cent
Lots of mouth, varying amounts of trousers
US demands EU dismantle green regulations in threat to trade deal
Washington wants American companies to be exempted from rules such as having to draw up climate transition plans
Lessons for the Fed from my time at the helm of Argentina’s central bank
As I learnt to my cost, attacks on the independence of the institution never end well
FirstFT: First Brands’ collapse reaches Switzerland’s largest bank
Also in today’s newsletter, gold breaches $4,000 and Tesla unveils cheaper version of the Model Y
German industrial output falls to 2005 levels as auto sector craters
Weak August data raises risk of Eurozone’s biggest economy falling back into technical recession
EU seeks to weld itself to the US with anti-China steel measures
Also in this newsletter: European plastic industry on the brink
US aid cuts were ‘long overdue’, Zambia’s president says
Hakainde Hichilema tells FT abrupt closure of USAID was a ‘shock’ but offers opportunities for African nations
The populist shadow hanging over central banks and QE
The massive bond purchases are being unwound at a time of fierce political criticism of the monetary authorities. The controversy could limit options in future crises
Trump signals optimism on Canada trade but offers no concessions
In meeting with PM Mark Carney US president fails to announce any change to tariffs on biggest commerce partner
UK pledges to defend steel industry after EU says it will raise tariffs to 50%
Brussels also plans to cut amount that can be imported tax free which would be ‘terminal’ for British companies
Ireland pushes ahead with spending while neighbours rein in budgets
Dublin uses corporation tax bonanza to boost outlays despite warnings from central bank as budget surplus shrinks
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