FirstFT: China’s central bank prepares for historic monetary policy shift

Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of Meta

Topics

A Weakened Iran Prepares to Face Trump 2.0

Tehran is bracing for a tough confrontation with the incoming Trump administration while holding a weak hand after setbacks in 2024.
The Wall Street Journal - 7h
Palestinian Authority Bans Al Jazeera in West Bank

The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.
The Wall Street Journal - 2d
Oil prices score weekly gains, buoyed by China policy support

Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.
MarketWatch - 1d
Here’s how Boeing is responding to the FAA’s call for a ‘fundamental cultural shift’ in safety

Safety and quality need to be placed above profit at Boeing, says the head of the FAA.
MarketWatch - 1d
China’s central bank plans policy overhaul as pressure mounts on economy

People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit
Financial Times - 2d
Irish mourn attack while preparing to face UGA

Notre Dame coach Marcus Freeman said his team is processing the attack that killed 15 people while still preparing to win a critical game.
ESPN - 2d
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn

Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025
Financial Times - 3d
Industrial policy must be practical not performative

New structures and pronouncements mean little unless business takes them seriously — there is no appetite for talking shops
Financial Times - 3d

More in World

Antibiotic emergency ‘could claim 40 million lives in next 25 years’

As superbugs spread across the globe, death rates from antimicrobial resistance are set to double, says England’s former chief medical officer. Dame Sally Davies has a straightforward message about ...
The Guardian - 10m
An Ivy League football player, a cook, a mother: the victims of the New Year’s Day attack in New Orleans

Those who died on Bourbon Street had gathered to celebrate the new year and were locals, tourists, students and parents. University students. Parents and other people pursuing careers. A former ...
The Guardian - 10m
Race to replace Justin Welby begins as archbishop formally steps down

Appointing new archbishop of Canterbury likely to take months after Welby’s resignation over abuse scandal. Justin Welby will relinquish his role as archbishop of Canterbury at midnight on Monday, ...
The Guardian - 14m
Farage refuses to condemn free speech ‘hero’ Musk’s remarks on Jess Phillips

Reform leader praises billionaire after what health secretary calls ‘a disgraceful smear of a great woman’. Nigel Farage has refused to condemn Elon Musk for his comments about Keir Starmer and ...
The Guardian - 20m
Italy’s Prime Minister Visits Trump in Mar-a-Lago

Giorgia Meloni, the Italian prime minister, joins just a handful of other world leaders who have been to the president-elect’s Florida estate since his victory.
The New York Times - 41m