International - Financial Times - Credit Squeeze

Also in today’s newsletter: ByteDance makes robust push into China’s cloud market, and Saudi banks aggressively expand borrowing

Latest data will help to reassure Bank of England that inflationary pressures are easing

Donald Trump declines to rule out using force to seize control of Arctic island

‘It may sound like American chauvinism . . . and it is. We’re done apologising about that,’ says a Trump official

The fortunes of furniture makers in North Carolina and Foshan in China show the impact of Trump’s tariff regime

Beijing trumpets trade and technology success yet many regions and people struggle amid an anaemic domestic outlook

US Treasury secretary derides the ‘dreaded European working group’

Peter Kyle warns against ‘simple solutions’ for boosting growth in FT interview

Boris Vujčić will replace Luis de Guindos at the European Central Bank

Fund’s chief economist says there are reasons to be concerned about a potential AI correction

Euro and sterling gain against US currency despite potential economic damage from new American tariffs

Maga allies refuse to condone US president’s threats over Greenland, with many staying quiet or blaming Brussels

The market reaction to the threat of tariffs on supposed allies over Greenland has been extremely telling

European economic resilience faces another test in 2026 and raises the probability of ECB rate cuts

The fate of the Danish territory will not be decided by transatlantic tariffs

Boeing aircraft, bourbon, motorcycles and soyabeans among targeted products if Donald Trump makes good on his threats

Also in today’s newsletter: China registers lowest number of births since records began and Sequoia Capital lines up Anthropic investment

Blame on current air fares

Also in this newsletter: Candidate for ECB vice-presidency urges action against tariff ‘structural shock’

Europe could also threaten to restrict US companies’ market access in run-up to crunch talks at Davos