International - Financial Times - Credit Squeeze

Also in today’s newsletter, economic adviser Stephen Miran struggles to soothe bond investors with ‘incoherent’ remarks

America’s mid-air dismantling of the global system of trade represents a one-time chance to compete

Also in today’s newsletter, Tesla denies looking for a new CEO and Australia’s crunch election

How international governance can work even with a US-sized hole in it

Former US Treasury secretary says odds of recession in world’s biggest economy ‘have gone way up’

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

State media message suggests softening of Beijing’s position, say analysts

A good GDP report, but change is on the way

Central bank holds interest rates at 0.5% but highlights ‘extreme uncertainty’ around trade

Wall Street executive expects investor focus to shift towards fiscal policy and the federal budget

Big talk of holding all the cards looks even worse with the benefit of hindsight

Issue is a remaining hurdle in ‘reset’ talks ahead of summit later this month

As it heads to the polls, the country is facing a geopolitical crunch and deep economic challenges. Analysts fear politicians are looking the other way

Blue-chip index concludes its seventh consecutive session of gains

Guillaume Faury calls for return of sector’s tariff-free trading

Britain hopes to seal trio of trade accords in coming weeks as talks also continue with the EU and India

Stockpiling affects first-quarter figures but other indicators remain strong

In markets and politics, it will be more short-termist, less resilient and much more reliant on the kindness of strangers

Carmakers report falls in quarterly earnings and hold back on forecasts for year ahead

Fast-fashion company searches for workarounds as Trump’s trade war endangers operations in its most important market