International - Financial Times - Credit Squeeze

Fund expects growth in Middle East and north Africa region and Pakistan to be ‘lacklustre’ 2.6% this year

The corporatist spell must soon break

After forced closure of copper mine, next president will inherit country’s biggest economic challenge in decades

Also in today’s newsletter, foreign investor claims extortion by Ukraine officials and OpenAI makes breakthrough in treating eye conditions

Would an official sector creditor by any other name be treated as sweetly?

And the death of the stock size factor

Tech chiefs warn that power-hungry data centres are a bottleneck in developing AI

We are trapped in old ways of thinking about inflation

The greenback’s global role has endured shocks from without and within

Comments from European Central Bank chief point to transatlantic rift over use of seized funds

The country needs to inflate away its high debt burden

Report from Nuffield Trust health think-tank highlights impact of leaving EU on medicine supply chains

Policymaker says publishing interest rate forecasts could help to address shortfalls in communication and tackle market volatility

Governor keen to set his own course on interest rate cuts but may find it uncomfortable to move faster than the Fed

Also in this newsletter: UK inflation dips, AI demand hits electricity supplies, the rise of ‘Quit-Tok’

Communication matters precisely because the structural problem between the pair is probably insoluble

Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy

Rate of price increases falls below US for first time since 2022

Comments from Federal Reserve chair came after global markets rocked by shifting interest rate expectations

Also in today’s newsletter, Trump’s shrunken campaign base and Ukraine’s lessons for Israel