International - Financial Times - Credit Squeeze

Ottawa’s energy minister calls trade tensions a ‘distraction’ from China’s rising economic and military power

Easing underlying US inflation and strong bank earnings boost equities

Alan Taylor says stalling UK economy raises risks that five or six reductions will be needed

Data drives gilts rally on hopes of rate cuts and provides some relief for chancellor Rachel Reeves

Move aims to support cash-strapped government while protecting against political instability

Central bank cites need to boost economy despite rupiah losing ground to strong dollar

Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI board

Europe’s largest economy contracted by 0.2% in 2024

Also in this newsletter: How Brussels wants to retrain car industry workers

MSCI’s broad index has dropped more than 10% since reaching a two-and-half-year high in October

Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy

Chinese demand for steel and iron ore has finally peaked. The industry hopes the energy transition will spark a new boom, but it will be shaped by geopolitical competition

Libertarian leader slows peso’s devaluation in attempt to stamp out inflation

Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges caution

Report finds Beijing is discriminating against bloc’s manufacturers in same field

Can categorising rate-setters help us to predict the future of the economy?

Also in today’s newsletter, special counsel Jack Smith issues report on election interference, and Amazon plans AI ‘brain’ for Alexa

President Claudia Sheinbaum unveils plan to boost domestic manufacturing and cut imports

Plus CPI jitters, and measuring liquidity

S&P finds ramp-up of exports could add $1.3tn to American economy in next five years with capacity expected to double