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Reshoring index shows inbound Chinese goods fell to lowest level in 10 years amid geopolitical tensions
The US central bank is expected to skip an increase this month but keep the door open to further tightening
Lloyd Austin calls for more engagement but Beijing blames Washington for breakdown in communication
The FT’s chief economics commentator speaks to democracy expert Larry Diamond
Deglobalisation is hardly inconveniencing me at all
Airbus and Boeing struggle to meet delivery targets amid a shortage of components
Washington’s deal on borrowing is a rare jolt of good news in a difficult year
Also in this newsletter: US jobs market still hot, Gazprom-backed militias in Ukraine and the secrets of UK recycling
Governments around the globe can no longer duck the hard choices needed to tame borrowing
Ministers and top mandarin pledge to avoid compulsory redundancies ‘where possible’, alongside lump sum
Unemployment rate climbs to 3.7% while wage growth cools
The messy nature of decisions is important both for US citizens and the world
Also in today’s newsletter, Brazil says Russia’s concerns must be heard and Binance loses market share after regulatory clampdown
So don’t freak out about the jobs report
Now is the time for the bloc to complete its banking and capital markets union
Trade experts warn British membership of Pan-Euro-Mediterranean convention is not ‘immediate fix’
US discount retailer warns customers are shifting to lower-margin essentials such as food
May figure drops to 6.1% but ECB president Christine Lagarde signals more interest rate rises ahead
Financial regulators need more funds to ensure lenders ‘fulfil their responsibilities’, argues Agustín Carstens
New research shows that one-off temporary disruptions account for most of the inflation we see
Also in today’s newsletter: US defence chief’s China warning and how small can chips get?
The leaked draft of the WHO Pandemic Accord contains worrying signs
Quick rebound expected after the relaxation of zero-Covid policies has not materialised
German bonds rally and euro falls against dollar as investors react to further signs of cooling price pressures
Local government debt restructuring is needed to avoid a lost decade
International Edition