International - Financial Times - Credit Squeeze

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

Escalation is averted for now, but underlying source of friction remains

Their role powering the growth of key industries means we cannot ignore economic security risks

Central bank says labour market is ‘robust’ and private balance sheets are ‘solid’

Also in this week’s newsletter: why the economy is politically impossible to manage

Libertarian leader to wield fresh mandate to reform deeply uncompetitive economy

Staying the current monetary course implies more chaos, not less

Also in today’s newsletter, does Trump need to win back younger voters before the midterms?

Leaders agree to postpone export restrictions on rare earths and semiconductors after South Korea summit

Saddle up for how the digital economy shapes geopolitical power

Better than expected performance comes after French output grows at fastest pace since 2023

Also in today’s newsletter: Big Tech results, and further Fed cuts not a ‘foregone conclusion’

Don’t ask a bond trader

Inflationary pressures are beginning to wane. Explore the latest data through interactive charts

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Nearly neutral

The forthcoming ruling on Trump’s import duties will not stop him resorting to other methods

A Supreme court ruling could strike tariffs down – or give the president more power