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...It sees its immediate regional neighbours as a core sphere of interest under its Neighbourhood First policy, and has separately voiced concern over Chinese research vessel visits and infrastructure projects...
...In all, banks’ share of private lending in the US economy has fallen from 60 per cent in 1970 to 35 per cent last year, according to a new National Bureau of Economic Research paper....
...Also in the mix, the Bureau of Labor Statistics this morning made minimal revisions to last year’s inflation data, leaving traders’ bets on interest rate cuts largely unchanged....
...John Reed is the FT’s South Asia bureau chief, covering India, Pakistan and the region Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life & Art wherever you listen...
...They will discuss support for Ukraine, preventing a regional escalation in the Middle East and relations with China....
...The Economic Community of West African States, the regional bloc that has positioned itself as a champion of democracy and forcefully rejected the wave of coups, sent a delegation to Togo’s capital Lomé...
...Isabel Díaz Ayuso, the PP head of the Madrid regional government, accused Sánchez of creating a power vacuum....
...Next, the shadow banking system — an assortment of financial institutions ranging from hedge funds to insurance companies — still lacks the liquidity to weather price adjustments, according to the FSB....
...The National Bureau of Statistics on Tuesday reported a 6.1 per cent rise in industrial production and a nearly 10 per cent increase in manufacturing investment, which helped bolster a better than expected...
...In a curtain-raising speech, Georgieva foreshadowed that adjustments to the G20’s Common Framework for debt treatments would be a focus this week....
...Sardinia’s regional election results prove just that....
...s sharp swings in employment into seasonal adjustments....
...The seasonal adjustment methodology “has not caught up with the patterns in the real economy”, said Eric Winograd, senior economist for fixed income at AllianceBernstein....
...Under Congress governments, its opponents, including Modi, referred to India’s Central Bureau of Investigation as the “Congress Bureau of Investigation”....
...“However, while there is still downward pressure on larger properties in more rural areas, the rate of price adjustments has slowed significantly.”...
...That drastically raises the risk of a full-blown regional war in the Middle East....
...Analysts said Milei’s fiscal adjustments have helped to contain inflation....
...However, recent remarks from regional Fed presidents have cast doubt on such projections....
...The numbers should theoretically be the same, per Bureau of Economic Analysis: In theory, GDI should equal gross domestic product, but the different source data yield different results....
...Deutsche’s shares aren’t valued highly enough to create value if it wants to pay for one of its regional rivals with stock rather than cash....
...While the Pentagon is confident that weeks of missile strikes have destroyed much weaponry and forced Houthis into tactical adjustments, the extent of the damage is unclear because the US lacked a detailed...
...He said he was making faster progress than expected with a fiscal adjustment so drastic it had no parallel “not just in Argentina but the world”....
...Laura and our Madrid bureau chief explain how migration links the two meetings, while our Berlin bureau chief previews Sunday’s elections in Germany’s Hesse region....
...So the central government is really gonna have to essentially subsidise these areas as they go through this adjustment process. And most people believe it won’t be a sort of a one-year process....
...Marc FilippinoJoe Leahy is the FT’s Beijing bureau chief....
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