Swamp Notes: How far can Doge go?

The EU wants to make mergers a bit easier, Wall Street banks are offloading $18bn of debt tied to video game maker Electronic Arts, and investors are piling into cash at the fastest rate since the Covid-19 pandemic. Plus, the FT’s Ahmed Al Omran explains why Saudi Arabia’s recent ...  Show more

The FT’s Gideon Rachman explains what the Strait of Hormuz’s closure means strategically for Iran, Italy’s UniCredit has launched a €35bn takeover offer for Commerzbank and China’s oil stockpile is put to the test as the strait remains closed. Plus, scientists have identified a p ...  Show more

Elon Musk is keeping his campaign promise of trying to cut $2 trillion of federal spending through his unit, DOGE. After some questions about his role, the White House announced that he is now a "special government employee." What has Musk been able to accomplish thus far? This e ...  Show more

Aux Etats-Unis, trois mois seulement après sa création, le département de l’efficacité gouvernementale (Department of Government Efficiency, DOGE) accumule les critiques et les revers. A telle enseigne que son dirigeant semble s’en détacher. « Mon temps alloué au DOGE va ...

In recent weeks, satellite business EchoStar has clinched multibillion-dollar deals with SpaceX and AT&T. It may sound like boom times for founder Charlie Ergen, but these deals illustrate something different: the abandoning of an ambitious, decades-long quest to build his own mo ...  Show more

President Donald Trump thinks that Asia's goods exports are automatically America's loss and as part of his ‘reciprocal’ tariff policy, he has imposed some of the highest import taxes on goods from south-east Asia. So what does this mean for the region? And are Trump's policies p ...  Show more