International - Financial Times - Credit Squeeze

The US president’s war in Iran has worsened America’s affordability crisis

Much of the nominee’s testimony was just a different way of expressing current US monetary policy

High oil and gas export revenues could be an unexpected windfall for the South American nation

Also in today’s newsletter: Chinese battery maker CATL raises $5bn and US data centre backlash

Analysis shows rise in trade curbs affecting defence, tech and green energy supply chains

Three members dissent as central bank warns growth likely to slow and corporate profits to suffer

New forecasts and projections show that rate-setters are more worried about inflation than growth

Read the Monetary Policy Radar preview of Thursday’s decision

No immediate need to change policy given weak labour market and lack of corporate pricing power, says governor

For 30 years, every oil shock broke Latin American bonds. This one didn’t

Reductions in energy levies come despite IMF warning against ‘untargeted’ support

Regulators had reviewed whether deal violated Beijing’s investment rules

Mark Carney announces initiative amid trade tensions with the US

The US has no geoeconomic answer to Beijing controlling its trading partners via manipulating supply chains

Convulsions in energy markets, often driven by Donald Trump’s posts on Truth Social, are complicating inflation forecasts

Also in today’s newsletter: China blocks Meta takeover of Manus and Sam Altman versus Elon Musk trial begins

Beijing threatens unspecified retaliation over fears that bill to strengthen bloc’s industry will hurt its companies

The FT’s guide on what to look out for in Tuesday’s session

Veteran executive Jay Chen, who helped build Japanese group’s China business, left after links to start-ups surfaced

Maybe never as high as we thought