International - Financial Times - Credit Squeeze

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

From 2029, workers will only be able to pay £2,000 into the scheme and receive tax relief

Jakarta’s rejection of coercive clauses challenges effort by Donald Trump to counter Chinese influence in south-east Asia

Global politicians need to understand that White House policy is driven by melodrama and instinct

Once the world’s factory, Beijing’s relentless focus on R&D means the country has become the world’s laboratory

Canadian PM’s deal with premier of Alberta is condemned by environmentalists and indigenous groups

A steady appreciation would boost domestic consumption and improve trade relations

Even before their full effect has hit, the duties are doing real damage

Minutes from central bank’s October meeting also reveal policymaker concern over financial stability risks spilling over from US

Free Lunch readers diagnose the country’s industrial problems

Also in today’s newsletter, Trump vows to crack down on immigrants after Washington shooting and JPMorgan unveils plans for new London office

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

Backlash over role played in talks by executives from companies including Rolex and Richemont

Global transactions of $10bn or more hit 63 as Trump deregulation and fading trade war risks spur M&A blitz

Employment declined and half of US districts noted weaker labour demand

OBR sounds alarm on special needs and sickness spending

Cap on national insurance relief set to raise £4.7bn in 2029-30 and £2.6bn in 2030-31

UK government decides to spend first and tax later

Martin Wolf and Paul Krugman take a measure of the US economy – and democracy

Europe’s biggest economy needs more structural reforms for return to growth over medium term