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FirstFT: Banks offload Twitter debt
Also in today’s newsletter, the fallout from Trump’s Gaza plan, and Ackman trolls UnitedHealth GroupFinancial Times - 22h -
The World’s Richest Men Take On the World’s Poorest Children
I’ve seen U.S.A.I.D. operate around the world, and it’s not woke — it’s lifesaving.The New York Times - 1d -
Project 2025's World Bank plan would backfire on America
Project 2025's call for the U.S. to withdraw from the World Bank would be a strategic mistake, as it would allow America's competitors to gain a historic victory. The World Bank needs urgent reform ...The Hill - 2d -
Investors wade into bank debt as tariffs bite and key bank regulator is replaced
Bank bond spreads against U.S. Treasurys widened and money flowed into most debt issued by major banks on Monday, in a sign that Wall Street is wading into the sector on the heels of President ...MarketWatch - 3d -
Italy makes a meal of bank takeovers
It is hard to escape the feeling that an opportunity for simplification has been missedFinancial Times - 3d -
The World According to Marc Andreessen
This week on Uncanny Valley, the hosts discuss Silicon Valley’s unofficial godfather, Marc Andreessen.Wired - Jan. 30 -
Bank of England warns of risks in relaxing mortgage limits
Andrew Bailey welcomes ‘open public debate’, but cautions that easing rules could lead to more repossessionsFinancial Times - Jan. 29 -
India's banking sector slump
Also in this newsletter: China is building the world’s largest dam and Ashish Gupta’s mantraFinancial Times - Jan. 28 -
World Bank Warns Colombian Staff Against U.S. Travel After Trump Visa Edict
Several Colombians whose visas were revoked were World Bank employees traveling in the United States at the time. They were deported.The New York Times - Jan. 27 -
Citi loses head of private banking unit
Ida Liu was one of few senior female executives below chief executive Jane FraserFinancial Times - Jan. 27 -
A $35 Billion Loan Project, Led by World Bank, Aims to Expand Electricity in Africa
Some $35 billion is aimed at building small solar sites in rural areas and other improvements. The World Bank chief called the project “foundational to everything.”The New York Times - Jan. 27 -
West Bank celebrations as freed Palestinian prisoners return
The BBC's Jon Donnison watched on in Ramallah as the former captives were greeted by cheering crowds.BBC News - Jan. 25 -
Why Is Israel Targeting Jenin, West Bank?
As Israel withdraws some of its troops from Gaza during a cease-fire there, it has turned attention to another Palestinian territory — in particular a city with a history of militant activity.The New York Times - Jan. 24 -
Israel’s worrying release of violent West Bank settlers
Surely Netanyahu is aware that Katz has essentially given settlers a free pass to run amok, one that a could ignite a major Palestinian flare-up on the West Bank at the very time that the follow-on ...The Hill - Jan. 24 -
Trump bashes bank CEOs at Davos: 'Open your bank to conservatives'
President Trump on Wednesday accused two major U.S. banks of discriminating against conservatives during a live event with the CEO of one of those firms. In virtual remarks before a group of ...The Hill - Jan. 23 -
Michigan's Roadmap to a Sustainable World
Creating a sustainable world hinges on the commitment and initiatives of companies, governments and communities to generate change at scale. Michigan is stepping up to lead this innovation, just ...CBS News - Jan. 23 -
European banks to reward investors with bumper €123bn in payouts
Dividends have exceeded pre-crisis levels while lenders have topped up returns with buybacksFinancial Times - Jan. 23 -
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Israel Embarks on an ‘Extensive’ Military Operation in the West Bank
The announcement came shortly after President Trump rescinded Biden-era sanctions on Israeli settlers and Jewish extremists raided Palestinian villages in protest against the cease-fire in Gaza.The New York Times - Jan. 21 -
Trump’s second coming and the world
An economic renaissance is unlikely, not least because the US economy is very far from the disaster he proclaims it to beFinancial Times - Jan. 21 -
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Palestinians in West Bank wait anxiously for prisoners to be released
Ninety Palestinians should be freed from Israeli jails in exchange for three Israeli hostages released by Hamas in Gaza.BBC News - Jan. 19 -
IMF warns on Trump's plans but upgrades UK outlook
Trump's policies could benefit the US, but not the rest of the world, the IMF saysBBC News - Jan. 17 -
U.S. economy poised to lead the global pack in 2025, IMF says. Here’s why.
The U.S. economy has separated itself from the global pack — and its lead could widen in the new year.MarketWatch - Jan. 17 -
IMF upgrades UK growth forecast and takes swipe at Trump plans
UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy. • Business live – latest updates . The International Monetary Fund has upgraded ...The Guardian - Jan. 17 -
Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns
Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautionsFinancial Times - Jan. 17 -
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The world’s greatest record stores
FT writers and editors share their go-to venues for their vinyl fixFinancial Times - Jan. 17 -
On the Banks of the Nile in Uganda, a Major League Dream Begins
The East African nation might seem like a surprising place for baseball talent to blossom. But for Armstrong Muhoozi, it’s just the start of his journey.The New York Times - Jan. 16 -
Pakistan's premier welcomes World Bank's 10-year funding plan of $20 billion
Pakistan’s prime minister has welcomed the first-of-its-kind agreement with the World Bank under which his country will receive $20 billion in the next decade to invest in renewable energy, ...ABC News - Jan. 15 -
Everything to Know About Big Banks Earnings
Goldman Sachs, JPMorgan, Wells Fargo and other firms are expected to report strong earnings.Inc. - Jan. 15 -
These two bank stocks stand out for improvement in 2025
Bank stocks had a wonderful 2024. A lighter regulatory burden and better interest-rate environment might set up another year of gains.MarketWatch - Jan. 14 -
Rich Men Rule the World
The holders of the vast majority of the world’s wealth? Men. So many men—from Trump and Musk and Putin to every CEO, crypto schmo, and solar bro in between.Wired - Jan. 13 -
Fintech IPOs return with precious little credit in the bank
Hope still wins out over experience as financial disrupters seek to ride the latest waveFinancial Times - Jan. 11 -
The strange world of the Euro-Gulf
The entwinement of Europe and the Arabian peninsula is ever tighter, and ever more improbableFinancial Times - Jan. 11 -
Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - Jan. 10 -
Lloyds, Halifax and Bank of Scotland to share branches
The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.BBC News - Jan. 9 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8
