Germany’s debt brake problem

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

Donald Trump warned Nato faces a “very bad” future if US allies fail to assist in opening up the Strait of Hormuz, and though oil prices have breached $100 per barrel, America’s shale producers aren’t celebrating. Plus, wealthy individuals have sought to pull more than $10bn from ...  Show more

Dr. John Gartner and Dr. Harry Segal review the destruction of NATO, the betrayal of Ukraine, and discuss future elections with Joe Jacobson, founder and executive director of the Democratic SuperPAC Progress Action Fund. Make sure you join us here on Patreon to support our work ...  Show more

When the EU and US hit Russia with fresh sanctions in 2022, many analysts expected the country’s economy to crack. Instead, Russia has shown strong GDP growth, powered in large part by a massive boost to war-related industries. Now, the effects of that boost appear to be fading. ...  Show more

The next 12 months will be an epic year for democracy. Half the world’s population will have the chance to vote. Lucy Fisher is joined by the FT’s editor Roula Khalaf and chief foreign affairs commentator Gideon Rachman to give a global perspective, while Political Fix regular ...

Some Republican leaders are squirming to keep Pete Hegseth’s name in the hat as president-elect Donald Trump’s defense secretary nominee—at all costs, said The New Abnormal co-hosts Andy Levy and Danielle Moodie. Plus! Christopher Robbins, reporter and co-founder of local news ou ...  Show more