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Musk’s X to undershoot revenue goals from political advertising
Social media platform has raised a fraction of $100mn target and mainly from Trump and RepublicansWorld - Financial Times - October 26 -
Europe’s fiscal tug of war
Pressure to display fiscal discipline is no less high than pressure to spend more on security and economic innovationWorld - Financial Times - October 26 -
Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - October 26 -
Battle of the billionaires: the mega rich spending to swing the US election
A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential voteWorld - Financial Times - October 27 -
Russian tensions expose faultlines in South Africa’s unity government
Cyril Ramaphosa angered the ANC’s largest coalition partner by calling Vladimir Putin a ‘valued friend’World - Financial Times - October 27 -
Trump’s victory will change America. But Europe can have a different future
Democratic norms look unusually fragile in the US. Historian Mark Mazower argues that it is an outlier, not a precursorWorld - Financial Times - Yesterday -
What a shuttered quarry says about Mexico’s investment climate
The forced closure of a US-owned site in Yucatán asks questions about new president Claudia Sheinbaum and the private sectorWorld - Financial Times - Yesterday -
Lebanon is studying US-drafted ceasefire proposal, official says
Resolution would move Iran-backed Hizbollah troops north of the Litani river and create multinational task forceWorld - Financial Times - Yesterday -
Mexico ups deficit forecast as economists warn of slowing growth
Budget sets out sharp cuts to public spending as new government seeks to restore fiscal credibilityWorld - Financial Times - Yesterday -
Elon Musk backs Howard Lutnick as agent for ‘change’ at US Treasury
Tesla boss publicly lobbies Trump to choose Cantor Fitzgerald boss over Scott Bessent in key economic roleWorld - Financial Times - Yesterday