International - Financial Times - Credit Squeeze

Officials say ‘threats’ used to derail net zero deal for shipping industry ripped up rules of global diplomacy

For all the focus on harms, the US president has generated benefits at home and abroad

Market Questions is the FT’s guide to the week ahead

A good tech strategy would aim not just to catch up but to cultivate better alternatives

Officials in Washington explore how to encourage more countries to adopt greenback as their primary currency

The US president cancelled trade talks and raised levies over the television campaign launched by Ontario

The key to restoring both fiscal sustainability and productivity growth is to expand Britain’s most competitive businesses

Ottawa uses national security legislation to accelerate production as G7 nations hunt for resources

S&P 500 and Nasdaq post longest runs of monthly gains in years

US Treasury secretary says Beijing can no longer use its critical minerals as a coercive tool

US central bank could begin net purchases of Treasuries early in 2026

King Felipe VI’s upcoming state visit highlights Madrid’s warm relations with Beijing amid US-China tensions

Figure comes after ECB kept rates on hold

Recent cuts mark end of job security for high-earning knowledge workers whose ranks grew since pandemic

And Trump’s non-deal with China

Also in today’s newsletter: why the Trump-Putin Budapest summit was axed and what the end of QT could mean for Treasuries

Most children in lower and middle income countries fail basic literacy tests, according to World Bank-backed report

A year on from his re-election, diplomacy is being driven by the personal whims of the president to an extent that is unprecedented in the modern era

Beijing fears weak domestic demand and aggressive competition among producers is driving deflation

Beijing shows it can force Washington to compromise on trade issues