Donald Trump rolled out the red carpet for Saudi Crown Prince Muhammad bin Salman. Even for a president who is known for the unpredictability of his Oval Office exchanges with foreign heads of state. This was a remarkable meeting.The two leaders heaped praise on each other. Trump ever uh the dealmaker uh sort of goated the Saudi leader into expanding his initial pledge of a $600 billion investment into a $1 trillion investment. Uh albeit there was no timeline for that that was mentioned.And you're saying to ...

Why can't Argentina ever seem to get its economy right? On paper Argentina is one of Latin America's best developed economies but its citizens has little confidence in the peso and it's the IMF's single biggest borrower.⁠ ⁠ #argentina #milei #argentinaeconomy #latinamerica #imf #shortsvideo #shortfeed #shorts #shortsviral #shortsyoutube #shortsvideos ► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month See if you get the FT for free a ...

Market Trends & Strategies - Louis Vuitton launched "Louie" in Shanghai to navigate China's shifting luxury market [1][2] - Major brands believe China has stabilized but remain cautious about the outlook, retreating to prime locations in major cities [3] Sales Performance - Louis Vuitton reported a 7% increase in China sales in the third quarter [2] Consumer Behavior - "Louie" has attracted hundreds of thousands of visitors since its opening in June, raising questions about their spending willingness [4]

Every single one of these books I would have given to to a CEO to read just like I would have given to a friend. >> So R we've just come off stage where you have announced the short list the six finalists for this year's book award. It was a really tough year I think for the judges.What what do you make of the choice in the end. >> For me personally it was a very difficult year. I loved all the books and it was very difficult for me to to choose and I think many of the judges had had the same sense.I don't ...

Political Influence & Donations - Analysis reveals at least 30 individuals or companies donating over $116 million to Donald Trump's causes received benefits from the White House or government [1] - Donations to Trump-aligned groups preceded major policy shifts, pardons, or regulatory relief [4] - The network of benefiting donors includes crypto billionaires, energy and tobacco companies, and a manufacturer of human tissue bandages [3] Regulatory & Legal Actions - Official investigations were dropped, pardons issued, or regulations rewritten shortly after donations [2] - Records from the Federal Election Commission, SEC, and DOJ were analyzed [2] - SEC cases were closed, pardons signed, or policies delayed/changed following donations to MAGA Inc or Trump's inauguration fund [4] Ethical Considerations - No evidence of bribery or illegal conduct was found, but the volume of favorable outcomes raises questions about a quid pro quo culture [5] - The presidency is characterized by open transactionalism [5]

Project Overview & Challenges - NEOM's "The Line," intended for 9 million residents, faces potential stagnation [1] - Ambitious schedule set in 2022 aimed for residents to start moving in by the end of 2024 [2] - By 2025, the project expects to have or plan to have 130,000 residents and 1 million tourists [3] - Construction of the foundation commenced before complete design and costing [3] Resource & Material Requirements - The 170 km "The Line" is divided into 135 modules [4] - Building 20 modules requires concrete equivalent to France's annual output [4] - Project requires approximately 60% of the world's recycled steel [4] - Estimated workforce needed to complete the line ranges from 300,000 to 500,000 workers [4] Financial & Investment Concerns - Initial budget estimate for "The Line" in late 2021 was $1.6 trillion, later revised to around $4.5 trillion [5] - Private investors have largely declined to back the development due to its scale and complexity [6] - Saudi Arabia's Public Investment Fund (PIF) is the primary funding source [6] - Recent oil price slump has impacted PIF's liquidity, raising concerns about project completion without further private investment [7]

Currency Internationalization - China is intensifying efforts to internationalize the Renminbi (RMB) and decrease reliance on the US dollar [1] - RMB overseas lending is increasing significantly [1] - Beijing is creating more channels for foreign investment in Chinese bonds [1] - China has established an alternative payment system to circumvent US sanctions [2] - Several countries, including Angola, Ethiopia, and Kenya, have converted old dollar debts into RMB this year [2] Trade and Investment - A significant portion of the increase in RMB lending is in trade financing [1] - Beijing aims to reduce exposure to policies that weaponize the dollar [1] - More sovereign borrowers are issuing RMB debt due to relatively low interest rates in China [2] - China seeks to increase the RMB's role in global trade and investment while maintaining a closed capital account [3] Strategic Objectives - China does not intend to replace the US dollar as the dominant global currency [3]

Climate Change Conference - COP 30 是联合国气候变化框架公约缔约方会议的第 30 次会议 [1] - 会议也是巴黎协定签署十周年，该协定的目标是将全球气温升幅控制在工业化前水平以上 2 摄氏度以内 [1] Emission Reduction Targets - 主要经济体延迟提交其国家自主贡献（NDC），即减排目标 [2] - 一年前，COP 承诺到今年会议前为发展中国家的气候行动筹集 13 兆美元（$1.3 trillion）[3] Potential Progress - 巴西总统卢拉倡导的热带森林基金可能会取得进展 [3] - 即使特朗普反对气候行动，志同道合的国家和团体组成的联盟也可能取得进展 [3]

Donald Trump is making big changes to the White House. Construction crews have demolished what used to be the East Wing. In its place, a huge new ballroom will be built.The project's architects have published renderings of the extension. These show a neocclassical facade on its eastern side, a staircase on the front, and a gold infused interior with room to seat 650. Trump has also shown off a model of the building.Controversially, the $300 million project will be funded by what the administration calls Pat ...

[Music] Just before election day, the FT spoke to Andrew Epstein, creative director for the Zoran Mamani campaign and one of the architects of his highly successful social media strategy. One of the reasons our social media and our videos were so successful is that as people were developing this relationship to Zeron and our agenda through their phones, they were then getting their doors knocked on by volunteers or they were seeing canvasers in the street or they were turning on their TV or listening to a p ...