German economy shrinks for second consecutive year

• FirstFT: Germany’s economy contracts for second straight year

  Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI board
  
  Financial Times - 5h
• 

  Earth sees second consecutive year of record-hot temperatures

  {beacon} Energy & Environment Energy & Environment   The Big Story Earth sees scorching temps in hottest year on record: NOAA Earth saw its hottest year ever recorded last year, according to data ...
  
  The Hill - 4d

• Eurozone inflation jumps to 2.4% in third consecutive rise

  Increase damps hope that European Central Bank will boost region’s flagging economy with rate cuts
  
  Financial Times - Jan. 7

• The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?

  The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.
  
  MarketWatch - Jan. 7

• China’s economy still hasn’t fully emerged from the pandemic as a new year dawns

  Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.
  
  MarketWatch - Jan. 6
• 

  23 years into euro era, Germans still handing in old Deutschmarks

  Yahoo News - Jan. 4
• 

  South Korean second baseman Hyeseong Kim agrees to 3-year, $12.5M deal with Los Angeles Dodgers

  Kim, who turns 26 on Jan. 27, has played eight seasons in South Korea, the last six with the Seoul-based Kiwoom Heroes.
  
  Yahoo Sports - Jan. 4
• 

  German government condemns New Year's Eve violence after hundreds of arrests

  The German government has condemned incidents on New Year’s Eve in which police officers and firefighters were attacked and injured, mostly with fireworks
  
  ABC News - Jan. 1

More from Financial Times

• US announces ‘Trump-proof’ sanctions against Russia

  New measures give Congress power over attempts to roll back restrictions
  
  Financial Times - 32m

• Russia plans terror attacks ‘in the air’, warns Polish PM

  Security experts say evidence points to Kremlin masterminding sabotage campaign on air cargo
  
  Financial Times - 55m

• Inflation and interest rates tracker: see how your country compares

  Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
  
  Financial Times - 2h

• New UK pensions minister previously called for ‘triple lock’ to be replaced

  Torsten Bell appointed to Treasury role after resignation of Tulip Siddiq as City minister
  
  Financial Times - 2h

• Germany moves towards armed forces shooting down spy drones

  Government proposal comes amid sharp rise in suspicious activity around military facilities and industrial sites
  
  Financial Times - 2h

More in World

• 

  Kosovo authorities close parallel institutions run by ethnic Serb minority

  Kosovo authorities say they have closed all so-called parallel institutions used by the ethnic Serb minority and supported by neighboring Serbia in a move condemned by the European Union
  
  ABC News - 10m
• 

  Kosovo authorities close parallel institutions run by ethnic Serb minority

  Kosovo authorities say they have closed all so-called parallel institutions used by the ethnic Serb minority and supported by neighboring Serbia in a move condemned by the European Union
  
  ABC News - 10m

• Israel, Hamas Close to Signing Gaza Cease-Fire Deal

  Israel and Hamas are set to sign a deal to pause their fighting in the Gaza Strip after two days of intense negotiations, people familiar with the matter said. The deal could open a pathway to end ...
  
  The Wall Street Journal - 17m
• 

  Israel-Gaza war live: Qatar PM to hold briefing amid hopes for Gaza ceasefire deal

  Press conference due to take place today as negotiators attempt to finalise Gaza ceasefire and hostage agreement in Doha. In Oslo today, Norway is hosting a meeting of the global alliance for the ...
  
  The Guardian - 18m
• 

  Attorney-general pick Pam Bondi refuses to acknowledge that Trump lost the 2020 election – US politics live

  Bondi facing senators as Kristi Noem, Marco Rubio and CIA pick John Ratcliffe also face confirmation hearings. Trump’s attorney general faces scrutiny at Senate hearing Who is Pam Bondi, ...
  
  The Guardian - 22m