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The Wolf-Krugman Exchange: America vs the world
Financial Times· 2025-12-10 09:32
US National Security Strategy - The US National Security Strategy criticized Europe for undermining 'political liberty and sovereignty' [1] - The strategy de-emphasized the threat from Russia [1] - The strategy reframed America's competition with China [1] - The strategy prioritized influence over the western hemisphere [1] Geopolitical Implications - The report discusses the potential impact of the new US strategy [1] - The report questions how Europe should react to this shift from the US [1] - The report considers whether Trump is handing China global influence [1] Financial Times Resources - FT offers a daily selection of journalism through FT Edit, with a trial period and subscription fee of £4.99 per month [1] - FT provides free access for students meeting eligibility requirements [1] - FT offers a £1 trial subscription [1]
What's behind Netflix's $83bn takeover of Warner Bros Discovery | FT #shorts
Financial Times· 2025-12-08 07:57
Netflix's $83 billion bid for parts of Warner Brothers Discovery is a real plot twist. It's a big number even for a company like Netflix that's worth about $440 billion. But it's also from a company that doesn't really do big deals like this.Netflix has tended to try and build its own stuff rather than buying other people's. So why on earth would Netflix want to make such a big strategic swerve. Well, the answer is brands.Netflix by buying Warner Brothers Discovery is going to get some really big brands tha ...
Trump’s power play in Latin America | FT #shorts
Financial Times· 2025-12-08 05:07
US Foreign Policy in Latin America - The US aims to halt illegal migration, secure the southern border, stop drug flow, and roll back Chinese influence in Latin America [1] - Latin Americans view the US more negatively now [2] - The US seeks to mold the region's politics, rewarding allies and punishing foes [3] Potential Concerns - There are allegations of Washington bullying Latin America [3] - Concerns exist regarding human rights, particularly the treatment of migrants [4] - The US is potentially setting dangerous precedents with its approach to alleged drug traffickers [4] Future Outlook - The US administration indicates the focus on the Western Hemisphere is here to stay [5] - Latin Americans hope for more incentives than threats from the new US policy [5]
Why is China’s UK ‘mega embassy’ so controversial | FT #shorts
Financial Times· 2025-12-06 05:00
Geopolitical Implications - The UK government is reviewing China's application for a new mega embassy in London, a decision that will significantly impact British-Chinese relations for decades [5] - US officials and other critics are concerned that the embassy's location opposite the city could be used by China as a listening post, especially given the sensitive data cables in the area [3] - The UK government requested clarification from China regarding blacked-out sections in the embassy's floor plans, raising security concerns [5] Project Details & Controversies - China purchased the Royal Mint Court site in 2018 for the new embassy, a 5-acre site that will be approximately 20 times larger than China's current UK embassy [1][2] - Tower Hamlets, the London borough hosting the embassy, initially rejected China's planning application in 2022 due to concerns from residents and activists about road congestion, protests, and the plight of China's Uyghurs [3][4] - Delays in the embassy project have reportedly irritated China, leading to reciprocal delays in the 100 million pound renovation of the UK's embassy in Beijing [5] Economic Considerations - Post-Brexit, the UK aims to strengthen trade relations with markets like China, adding complexity to the decision regarding the embassy project [4]
HSBC appoints ‘unexpected’ chair after chaotic search | FT #shorts
Financial Times· 2025-12-05 09:06
Earlier this week, HSBC finally appointed its chair, and it wasn't who we were expecting. The bank had narrowed down its list of candidates to two, but then decided in a lastminute decision to stick with its interim chair, Brendan Nelson. It capped off a chaotic process that the bank had led, which showed that it didn't really have any succession planning.Is Brendan Nelson the right man for the job. Well, he's been on the board since 2023 and he has extensive financial services experience, but he's never be ...
Stephen Witt wins FT and Schroders Business Book of the Year | FT #shorts
Financial Times· 2025-12-04 07:35
So, a winner has been named. We've just come from hearing that Steven Witz, the thinking machine about Nvidia is the business book of the year 2025. Why do the judges led by you pick that book.>> Nvidia is beautifully written. It's very well researched. It's the story of our time. It's the most valuable company of an incredibly driven [music] uh man who built it.>> This one stood out to me and I think this was probably one of the things that the judges thought as well, at least the journalists among the jud ...
Do men in America have a genuine and legitimate economic grievance? | FT #shorts
Financial Times· 2025-12-04 05:19
So let's start with the big question. Do men in America have a genuine and legitimate economic grievance. >> Yes.I mean that's really clear um that something has gone wrong for the economic role of men uh in America and actually um you can see elements of this across the western world. You can see it in in kind of raw numbers. Um, if you go back 60 years, um, men in their prime years, um, uh, I guess I'm Miss Gene Grody.I'm no longer in my prime, but the, uh, 25 to 54, essentially all of them were in the wo ...
The Wolf-Krugman Exchange: Maga man and Mamdani
Financial Times· 2025-12-03 11:31
Key Discussion Points - The discussion revolves around Trump's promise to restore a 'masculine' economy, dubbed "Maga Man" [1] - The conversation includes insights from Martin Wolf and Paul Krugman, prominent figures in economics [1] - The discussion touches on the implications of Mamdani's mayoral win for the US [1] Economic Themes - Global economy is a central theme [1] - Global trade and international economics are key areas of focus [1] - Trump's tariffs and their impact on world trade are discussed [1] - The overall economic system is analyzed [1] Geographic Focus - The discussion covers the US, Washington, EU, and China [1]
Inside the US affordability crisis | FT #shorts
Financial Times· 2025-12-02 08:14
Economic Impact & Inflation - Inflation is significantly impacting families and individuals, leading to difficult choices regarding healthcare and basic necessities [1][2] - Rising prices and slowed wage growth are making it difficult for poorer Americans to make ends meet across the country [2] - The rising cost of living is a major concern, impacting decisions about family planning and healthcare [6] Healthcare Access & Affordability - Lack of healthcare insurance is a significant concern, preventing individuals from seeking necessary medical care and monitoring pre-existing conditions [4] - The expiration of Obamacare tax credits is expected to further increase healthcare costs for low-income Americans [5] - Healthcare costs are a barrier to starting a family for some individuals [6] Employment & Economic Conditions - Individuals are working long hours in demanding jobs, sometimes without benefits like health insurance [3] - The Lehigh Valley, a post-industrial area, is experiencing economic reinvention, but many residents still struggle financially [7] - The economic struggles in Bethlehem, Pennsylvania, a former steel town and bellwether county, reflect broader economic trends in the US [3]
Destination weddings spark marriage boom across China | FT #shorts
Financial Times· 2025-12-01 05:00
China is experiencing an unexpected increase [music] in marriages after officials relaxed rules on marriage registration. Couples can now get hitched in far-flung holiday destinations and even at music festivals rather than at their local registry office. The policy shift is aimed at boosting the marriage rate and reversing China's demographic decline.China faces a long-term economic challenge with its rapidly aging population supported by a shrinking number of working age citizens. Analysts say that persis ...