Hints and tips:
President and PM to discuss Afghanistan, Aukus and climate but trade deal not on table
UK PM upbeat while on mission to smooth over relations with White House despite lingering differences over North Ireland
Paris agrees to return ambassador to Washington as Johnson tells French president to ‘prenez un grip’
...Additional reporting by Najmeh Bozorgmehr in Tehran and Katrina Manson in Washington laura.hughes@ft.com...
US secretary of state discusses use of Britain’s new sanctions regime on Chinese officials
China expected to be prominent issue when US secretary of state Mike Pompeo visits London on Tuesday
...Additional reporting by Laura Hughes in London...
Thousands affected as many flights cancelled and airports closed because of coronavirus pandemic
...Additional reporting by Kadhim Shubber in Washington, Laura Hughes in London and Michael Peel in Brussels...
...Nicola Hughes as Bess and Phillip Boykin as Crown are formidable. Boykin is a very big fellow with a voice to match; Hughes may be smaller but she is no less impressive....
...The most famous example of a bond being triggered is one known as Kamp Re 2005, which was linked to Zurich Financial’s losses on the damage wreaked in the US by hurricane Katrina....
...Gwyn Hughes Jones’ Calaf struggles manfully to find a place in Goold’s scenario, and sculpts “Nessun Dorma” with taste....
...Hughes argues that the market is also more transparent and accurate....
...“Storms like Hurricane Katrina in the Gulf of Mexico affected the orange groves in Florida and led everyone to price in bad weather for future supply, leading prices to rise,” he says....
...Katrina Preston, of Bridgewell Securities, says: “It’s really impossible to take a scientific approach to the goodwill,” she says....
...Katrina spurred many insurers to change their risk models while rating agencies also toughened their views, forcing insurers to put aside more capital against potential losses....
...The strength in December gave hope that while fourth quarter GDP is expected to have slowed as a result of hurricanes Katrina and Rita, it will have remained strong into the first quarter of this year....
...September’s numbers are likely to be distorted by Katrina, but economists are not certain how....
...Among the few breathing a tentative sigh of relief in the aftermath of Hurricane Katrina are investors in catastrophe or “cat” bonds....
...The economic impact of Katrina is primarily a supply shock, not a demand one, since it was the region’s production that was hit....
...Prices have been creeping higher for some time, but the effects of hurricanes Katrina and Rita are expected to have pushed them sharply higher last month....
...Hurricane Katrina “severely curtailed” US industry last month, according to a Federal Reserve report on US production, but a separate report showing robust retail sales lifted confidence in the consumer’...
...Economists will have to wait until October, when the full months figures become available, to assess the true impact of Katrina....
...Credit card loans, another key category of ABS, could also be at risk after Katrina....
...Economic strength ahead of hurricanes Katrina and Rita meant the US economy grew by more than expected in the third quarter, bolstered by robust domestic demand, according to new data issued on Friday by...
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