International - Financial Times - Credit Squeeze

The Eurozone’s former problem child is now borrowing more cheaply than much of the continent

Europe has nothing to offer and difficult decisions to make

Entrenched positions and consensus nature of UN climate talks slow down progress, says Corrêa do Lago

Americans are unhappy with the cost of living, with inflation higher than the month before the president retook office

Chancellor takes steps to cushion cost of living but is set to extend a ‘stealth tax’ by freezing personal tax thresholds

Consumer confidence drops to second-lowest level since pandemic as inflation lingers

Read the central bank’s November forecast from the FT’s Monetary Policy Radar team

Will the US or China abandon their current follies sooner?

Commission recommends Finland be placed under excessive deficit procedure but Italy looks set to exit

The Economics Show 🤜🤛 FT Alphaville

There is tension between the central bank’s inflation and maximum employment mandates

Also in today’s newsletter, Spotify prepares to raise US prices and the top timepieces of 2025

Growth in annual GDP per capita will fall by more than a full percentage point in some countries over the next 25 years

Read the November forecast from the FT’s Monetary Policy Radar team

The view that the stock market is in a massive bubble and bound to crash is incorrect over the medium term

Many governments have not come clean with voters about the growing fiscal strains on the welfare state

South American country dissents at COP30 and G20 in nod to Donald Trump

Conversation between US and Chinese presidents comes as Washington debates sale of more advanced AI chips

US commerce secretary calls for ‘balanced approach’ during visit to Brussels for meeting with bloc’s trade ministers

Price increases show that western restrictions are limiting Moscow’s capabilities, Bank of Finland research finds