Argentina’s economy plunged dramatically in the first month under President Javier Milei, marking its steepest monthly fall in years. Experts warn that this sharp downturn may signal tough times ahead for the new administration
Browsing: Financial Times
Xi Jinping reportedly warned Donald Trump that Vladimir Putin might “regret” his choice to invade Ukraine, underscoring Beijing’s rising concerns over the intensifying conflict, according to a Financial Times report
Shakira has emerged victorious in a high-stakes €55 million tax battle with Spanish authorities, the Financial Times reports. This groundbreaking ruling clears the superstar of all allegations related to undeclared income during her residency in Spain
China’s Xi Jinping confidently told the CEOs of Nvidia, Tesla, and Apple that the country is ready to “open wider” its doors to foreign investment, marking a bold step to attract more global tech giants despite ongoing trade tensions
Rheinmetall has unveiled a bold €12 billion takeover bid for Germany’s struggling warship project, aiming to breathe new life into the faltering defense program and strengthen the nation’s naval power, according to the Financial Times
Germany’s Friedrich Merz has, critics say, inadvertently sabotaged his own strategy to rein in Trump. Sources reveal that his diplomatic missteps and policy blunders have seriously undermined efforts to limit the former US president’s influence
France has just given the green light for flower shops and bakeries to open their doors on May Day-a holiday traditionally known for widespread closures. This exciting shift aims to support small businesses and let everyone indulge in their favorite treats and beautiful blooms on this special day!
Spain takes a bold stand against short sellers with fresh regulations, sparking a fiery debate over market fairness. Critics argue the crackdown unfairly singles out speculators, while supporters say it fosters more dynamic and timely trading activity
The Bank of Japan held interest rates steady but caught markets off guard by boosting its inflation forecast, highlighting the ripple effects of the Iran war. Navigating through persistent global economic uncertainties, the central bank is proceeding with caution
The US government has accused China of “industrial-scale” theft of artificial intelligence technology, intensifying the high-stakes battle over tech espionage. This alarming move highlights mounting concerns about safeguarding critical innovations
France’s Carte Bancaire is set to challenge Visa and Mastercard’s dominance in Europe, driving a new era of payment sovereignty and igniting innovation-all fueled by growing regulatory support, the Financial Times reveals
Spain has launched an urgent investigation into the national grid operator after “very serious” breaches linked to a recent blackout, the Financial Times reveals. Authorities are now intensively scrutinizing potential failures in how the power supply was handled
Argentina’s battle against soaring inflation faces a major setback as President Milei’s economic plans begin to falter. With prices skyrocketing and market uncertainty deepening, the challenge to steady the economy grows more urgent than ever, casting doubt on the success of existing policies
Canada is eager to join the UK-Italy-Japan advanced fighter jet project, aiming to enhance its defense capabilities and deepen alliances, the Financial Times reveals. Talks are centered on technology sharing and collaborative development
The closure of the Strait of Hormuz by Iran offers a striking glimpse into the potential chaos if China chooses to blockade Taiwan, highlighting vital chokepoints in global trade and ramping up geopolitical tensions, the Financial Times reports
The yen soared after a senior Japanese official hinted at potential “decisive action” to curb currency volatility, igniting a surge of buying in the safe-haven currency amid growing market uncertainty
The EU is about to finalize a groundbreaking trade deal with Australia after eight years of intense negotiations, set to boost economic ties and dramatically cut tariffs. This agreement unlocks thrilling new opportunities for businesses on both continents
Spain’s disillusioned youth are increasingly rallying behind radical right-wing parties, driven by economic hardships and mounting frustration with mainstream politics-heralding a dramatic transformation in the nation’s political landscape
The UK government is gearing up to hit the “emergency brake” on student visa applications from India, Nigeria, Pakistan, and Bangladesh, tackling growing worries over visa fraud and increased immigration risks, reports the Financial Times
Supermicro’s co-founder has been charged with conspiring to illegally export Nvidia chips to China, authorities revealed. This high-profile case highlights the rising stakes and mounting tensions in the battle over tech exports amid ongoing US-China trade restrictions