International - Financial Times - Credit Squeeze

Also in today’s newsletter: More questions about Goldman’s Ruemmler and her links to Epstein and the return of Dr Zhivago-style hats

In monetary matters, the EU must live up to the current geopolitical moment

Arrival of new vessels ordered during boom times and the reopening of Red Sea route hits freight rates

... but already it was impossible to say which was which

Also in this newsletter: EU ports hit by illegal fishing paperjam

Economists say Beijing likely to trim national goal for GDP increase to 4.5-5% this year

Plea illustrates dilemma facing government as it attempts to overhaul increasingly expensive system

Donald Trump’s inept tariff campaign hasn’t yet derailed globalisation

Donald Trump’s pick for Fed chair believes boom will grow the economy and allow for swift rate cuts by the US central bank

Are the EU’s proposals to encourage manufacturing to stay in the region pragmatic or protectionist?

MP says such an agreement would come with trade-offs

Effort marks rare instance of Trump administration aiming to collaborate with global allies on trade

Call took place after Chinese leader spoke to Vladimir Putin about global instability

Incoming finance minister eyes cuts to taxes and regulation in bid to boost activity

The pieces are falling into place, but are not quite there yet

Headline price inflation dropped to 1.7%

ECB expected to hold interest rates at meeting on Thursday

Lawmakers Kevin Cramer and Mark Warner to introduce legislation to fund US Export-Import Bank

Also in today’s newsletter: Warsh’s nomination under threat and Santander acquires Webster Financial for $12bn

The presumptive next chair might be better than others on the list, but he is a confusing, perhaps confused, figure