A financial power grab in Turkey?

The United Arab Emirates has told allies that it would participate in a multinational maritime task force intended to reopen the Strait of Hormuz, and Hong Kong is weighing tax cuts for asset managers. Plus, London has embraced a controversial form of energy production: burning r ...  Show more

Iran’s top military leadership dismissed Donald Trump’s claims that the Islamic republic was ready to make a deal, the US president appears to make abrupt policy pivots based on swings in oil prices, and the EU’s trade commissioner says time is running out to stop the World Trade ...  Show more

The countdown is on: Chancellor Rachel Reeves has just six weeks to finalise her Autumn Budget before the November 26 deadline. This week, she was in Washington DC for the annual meeting of the IMF, where she hinted at tax rises for the rich, while pinning some blame for Britain’ ...  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 ...

After months of bluster, he’s finally done it. At a ceremony in the White House Rose Garden, Donald Trump overturned decades of American trade policy with a simple signature. The new wave of <a href="https://www.economist.com/finance-and-economics/2025/04/03/trump-takes-americ ...

The Norwegian central bank raised the interest rates by 50bp yesterday and said that there will be a similar move in September, to tackle the soaring inflation in Norway. The Philippines hiked by 50bp as well, to cool inflation. The Federal Reserve (Fed) minutes released this Wed ...  Show more