Hints and tips:
...Puzzle 2569 Joseph Zeltsan v Ethan Sheehan, Chesterfield, USA, 2023. White to move and win. Click here for solution...
...Leaders after 11 rounds (of 14): Nepomniachtchi (Russia) 7, Gukesh Dommaraju (India), and Nakamura (US) 6.5, Fabiano Caruana (US) 6....
...Amundi is shorting the dollar, although its CIO admitted it was a “tricky” bet given that the currency was a haven asset that could benefit during market shocks....
...World equity markets 6.7 per cent, UK 6.9, Japan 7.3, Germany 7.8, Brazil 6.2, USA 6.9....
...During my tenure as chairman of the CFTC, we declared bitcoin and other virtual currencies to be commodities, which gave us authority over the trading of crypto derivatives products....
...kadhim@ft.com / sid.v@ft.com...
...Puzzle 2481 Fabiano Caruana v Gukesh D, USA v India, Chennai 2022. Black to move and win. How did the 16-year-old defeat the former world No 2? Click here for solution...
...“Meeting a margin call in fiat currency requires banks to be open, notwithstanding that the market is open 24/7,” the FIA said. “This is not the world we live in today.”...
...But in the USA v USSR match in New York Averbakh arrived late for one of his games against Donald Byrne, lost their mini-match 3-1, incurred the wrath of his captain Igor Bondarevsky, and was removed from...
...The status of China’s BRICS Local Currency Bond Fund initiative is not clear,[v] but in any case its scale would be very small in relation to China’s reserves....
...As always, reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to share your feedback on today’s newsletter. Happy reading!...
...As ever, reach out to us with your thoughts (imani.moise@ft.com and sid.v@ft.com). Thanks, and happy reading....
...(MgmtCo is how SoftBank describes Masa’s Delaware-incorporated MASA USA LLC vehicle.)...
...The US is arguably around the first — it’s really between them and China. In the UK, BNPL penetration right now is around 4 to 5 per cent, compared to 1.7 per cent in the US....
...As ever, send your thoughts, queries and philosophical riddles to Imani (imani.moise@ft.com) or me (sid.v@ft.com). Happy reading!...
...This is a bit like a terms of trade shock, but the UK has its own currency and the privileges of being an advanced economy....
...The dollar lost nearly 7 per cent last year as interest rate cuts reduced the attraction of dollar assets....
...The dollar index, which charts the progress of the greenback against major currencies, rose 0.2 per cent....
...Liz TrussI will not allow the anti-growth coalition to hold us back (Applause)....
...Having gained 4 per cent in the first week of November, it dropped 3.3 per cent in the second to end the week around $1,890 a troy ounce....
...The index tracking the dollar against six main currencies rose 0.4 per cent and the euro fell by 0.4 per cent against the greenback....
...time of political turbulence in the US....
...London’s FTSE 100 and the CAC 40 in Paris climbed 0.7 per cent....
...He urged the G7 to step up its Covax funding, and the meeting concluded with total pledges to the scheme of $7.5bn....
...But households would save more of their incomes than they did last year, he said, meaning “a sustained V-shaped recovery in households’ spending is out of reach”....
International Edition