International - Financial Times - Credit Squeeze

Also in today’s newsletter, OpenAI in talks to split and the Sackler family agrees $7.4bn opioid settlement

Central bank signals more increases to come if wage and price growth hit forecasts

The central bank should be forward-looking and signal its equilibrium level for rates

A conversation with  the chief economist of the European Bank for Reconstruction and Development

City-state’s central bank cites ‘trade frictions’ as it trims growth and inflation forecasts for 2025

Trump’s slogan is a bet on the energy status quo, not on the future

US president tells World Economic Forum he will insist central banks lower interest rates ‘immediately’ afterwards

Panamanians fear Washington’s retaliation over Chinese interests in strategic waterway

Also in today’s newsletter, why the first few days of Trump’s presidency have left China cautiously optimistic

Also in today’s newsletter: Davos gloom, and Trump warns Putin to reach Ukraine ‘deal’ soon

There is so much more than tariffs that can go wrong

EU trade chief says adding Britain to pan-European area is something Brussels ‘could consider’

Technology and R&D groups among most likely to consider relocation amid brewing trade conflict

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

And the impacts of tariffs on Canada and Mexico

Also in this newsletter: The ICC asks why Italy released an alleged war criminal

Teresa Ribera says European Commission weighing up measure demanded by Germany

Christine Lagarde warns of ‘existential crisis’ for continent while Donald Trump puts America first

US central bank will wait for more details of Trump’s policies before resuming cuts, says bond manager’s investment chief

Sumitomo Electric head says president’s proposed 25% duty would amount to the US ‘strangling’ itself