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...You are being given a second chance to buy duration at a much better yield level than four months ago. Chance of rate rises: zero. Chances of rate cut this year, of some magnitude:99 per cent....
...So we’re seeing a huge kind of reaction coming from the industrialised nations....
...roars Matt Smith, as his character, Thomas Stockmann, reaches breaking point in An Enemy of the People. It’s a line that could have been written yesterday....
...We’re also reading . . ....
...We’re also reading . . . US shale: The non-reaction of the oil market to recent events in the Middle East has been notable....
...Keel, a former 3M and General Electric executive, joined London-headquartered Smiths in May 2021....
...tale in a large-scale mural....
...His buyout of Sotheby’s was funded with billions of dollars in loans that were initially also secured on shares in key companies in his Altice telecoms empire (he then re-negotiated the terms to have this...
...We’re also reading . . . Gideon Rachman: Russia’s leader sees an opportunity to re-establish a sphere of influence in Europe, argues the FT’s chief foreign affairs commentator....
...“It’s about being able to handle a situation where you’re expected to win the competition. When you’re in a big championship you get nervous....
...As in the original film, fiction and “reality” bleed into one another — often we’re not sure where we are....
...“You’re locked into a programme which is very, very difficult to get out of,” said Curtis....
...Who is in this tightly knit inner circle preparing for his second term? We’re also reading . . ....
...We’re also reading . . . Public debt: Jamaica halved its government debt-to-gross domestic product ratio in a decade, writes Soumaya Keynes. What can we learn from its example?...
...Nicholas MegawSo we’re not yet at the pandemic-era peaks, but now we had $6bn in a single month. So it’s a real change....
...The FT is conducting a reader survey on the impact of the 2024 presidential election. Click here to send us a voice note. We’re also reading and watching . . ....
...Here’s what we’re expecting Biden to say. Here’s what else I’m keeping tabs on today: Economic data: Economists expect retail sales to have rebounded in February from a fall in January....
...But Friday’s raid on the Mexican embassy marked a drastic escalation of the president’s hardline stance. We’re also reading . . ....
...A Mondi/DS Smith combination would be too big for a subsequent deal. DS Smith shareholders should be wary of a suitor willing to overpay simply to stay in the game. andrew.whiffin@ft.com...
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...We’re also reading and listening to . . . Is the rich world stuck in an ‘upper-income trap’? The right policies are needed to unlock growth in G7 countries, argues Tej Parikh....
...US insurance group A-Cap, a lender to 777, late last month said it would attempt to raise $400mn in fresh capital and take back control of assets ceded to 777 Re because of credit rating downgrades....
...— left them with their worst underwriting losses in a decade....
...The grim polling news comes just as the president launches his run for re-election with a campaign based in part on the economic boom in the US during his term in office....
...Today, I explain why Ursula von der Leyen’s re-election campaign doesn’t really start until after the election, and our climate correspondent reports on a European green mission to China....
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