International - Financial Times - Credit Squeeze

Also in today’s newsletter, authorities release video of Kirk’s killer, and contents of Armani’s will revealed

Purbaya Yudhi Sadewa’s appointment is one of the biggest gambles of President Prabowo Subianto’s first year in office

Plus what Tricolor means

Also in this newsletter: Von der Leyen faces the wrath of the car industry

Donald Trump’s tariffs on Brazil are poised to compound the fastest cost increase since the 1990s

Figure highlights challenges facing Federal Reserve

World’s biggest buyer of Chinese autos seeks to preserve US free trade deal

Central bank says domestic economy ‘showing resilience’ despite US tariffs

The tension between price stability and maximum employment will not ease quickly

Paris political class goes round in circles while public finances fall behind those of other countries

Also in today’s newsletter, UK ambassador to the US sacked and Skadden in talks with Heritage Foundation over pro bono services

China is too unreliable a source of demand to replace the US in the trading system

And the annual jobs revision

The Japanese government cannot spin its one-sided $550bn investment commitment to Trump’s America as a win

Figure comes despite Trump tariffs and keeps Fed on track for interest rate cut

US president makes extraordinary demand in bid to force Russia to end invasion of Ukraine

The Economics Show 🤜 🤛 FT Alphaville

Drop in US revenues prolongs slowdown at fashion powerhouse Inditex

Also in today’s newsletter, Poland shoots down Russian drones and Apple launches new slimline iPhone

Investors bet world’s second-largest economy can move past deflationary pressures