FirstFT

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World">World</a></div><div class="o-teaser__heading"><a href="/content/bce18acc-70f7-4899-b47e-703ea8a18b41" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Ceasefire under threat after Hamas accused of violation</a></div><p class="o-teaser__standfirst"><a href="/content/bce18acc-70f7-4899-b47e-703ea8a18b41" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Japanese to court Tesla for Nissan investment, and Eric Adams’ Faustian pact with Trump</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="bce18acc-70f7-4899-b47e-703ea8a18b41" data-myft-ui="saved" action="/myft/save/bce18acc-70f7-4899-b47e-703ea8a18b41" data-js-action="/__myft/api/core/saved/content/bce18acc-70f7-4899-b47e-703ea8a18b41?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement 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class="js-teaser-heading-link">FirstFT: Marco Rubio arrives in Saudi Arabia for Ukraine talks </a></div><p class="o-teaser__standfirst"><a href="/content/da5b4fe8-80c0-47de-b15c-ab9691b8b703" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Xi meets China’s top tech entrepreneurs and JPMorgan snubs bank regulator</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="da5b4fe8-80c0-47de-b15c-ab9691b8b703" data-myft-ui="saved" action="/myft/save/da5b4fe8-80c0-47de-b15c-ab9691b8b703" data-js-action="/__myft/api/core/saved/content/da5b4fe8-80c0-47de-b15c-ab9691b8b703?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button 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href="/content/3c810270-9b04-4b46-ae20-bfd70a7e1606" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Trump ‘electroshock’ offers chance for revival, says Macron</a></div><p class="o-teaser__standfirst"><a href="/content/3c810270-9b04-4b46-ae20-bfd70a7e1606" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, ‘reciprocal’ US tariffs, and Arm’s dramatic shift of strategy</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="3c810270-9b04-4b46-ae20-bfd70a7e1606" data-myft-ui="saved" action="/myft/save/3c810270-9b04-4b46-ae20-bfd70a7e1606" data-js-action="/__myft/api/core/saved/content/3c810270-9b04-4b46-ae20-bfd70a7e1606?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My 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class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fad7df5bc-ec0d-4797-aafe-5ba5b4b12474.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Emmanuel Macron speaks at a table with a microphone in front of him while pointing at the camera"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-13T16:21:23.129Z">Thursday, 13 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="64e1de7b-5f23-47ed-be02-b2b513492eaa" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="64e1de7b-5f23-47ed-be02-b2b513492eaa"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/puzzles-games" aria-label="Category: Puzzles and games">Puzzles and games</a></div><div class="o-teaser__heading"><a href="/content/64e1de7b-5f23-47ed-be02-b2b513492eaa" data-trackable="heading-link" class="js-teaser-heading-link">FT quiz: the week in news</a></div><p class="o-teaser__standfirst"><a href="/content/64e1de7b-5f23-47ed-be02-b2b513492eaa" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Ten topical questions to test your news nous</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="64e1de7b-5f23-47ed-be02-b2b513492eaa" data-myft-ui="saved" action="/myft/save/64e1de7b-5f23-47ed-be02-b2b513492eaa" data-js-action="/__myft/api/core/saved/content/64e1de7b-5f23-47ed-be02-b2b513492eaa?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fdda93381-ffb3-4391-8ab2-1a436b8c10dd.jpg?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-13T11:12:37.619Z">Thursday, 13 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="c4465036-f446-430e-962c-03f6b7097e54" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="c4465036-f446-430e-962c-03f6b7097e54"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/c4465036-f446-430e-962c-03f6b7097e54" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Trump to meet Putin for Ukraine talks in Saudi Arabia</a></div><p class="o-teaser__standfirst"><a href="/content/c4465036-f446-430e-962c-03f6b7097e54" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Apple teams up with Alibaba to develop AI in China and Elliott builds a 5% BP stake </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="c4465036-f446-430e-962c-03f6b7097e54" data-myft-ui="saved" action="/myft/save/c4465036-f446-430e-962c-03f6b7097e54" data-js-action="/__myft/api/core/saved/content/c4465036-f446-430e-962c-03f6b7097e54?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" 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data-o-date-format="date-only" datetime="2025-02-12T11:21:47.598Z">Wednesday, 12 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="aa752388-25d8-4c10-bc47-97ef2155f72d" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="aa752388-25d8-4c10-bc47-97ef2155f72d"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/aa752388-25d8-4c10-bc47-97ef2155f72d" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Chinese tech stocks ride DeepSeek wave to bull market</a></div><p class="o-teaser__standfirst"><a href="/content/aa752388-25d8-4c10-bc47-97ef2155f72d" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Foxconn confirms interest in Nissan stake and Disney cuts diversity category from executive pay scheme</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="aa752388-25d8-4c10-bc47-97ef2155f72d" data-myft-ui="saved" action="/myft/save/aa752388-25d8-4c10-bc47-97ef2155f72d" data-js-action="/__myft/api/core/saved/content/aa752388-25d8-4c10-bc47-97ef2155f72d?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save FirstFT: Chinese tech stocks ride DeepSeek wave to bull market to myFT for later" aria-label="Save FirstFT: Chinese tech stocks ride DeepSeek wave to bull market to myFT for later" data-alternate-label="FirstFT: 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class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-11T11:14:13.938Z">Tuesday, 11 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8b403f22-76a0-4e5a-a02a-91930a791ec2" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="8b403f22-76a0-4e5a-a02a-91930a791ec2"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/8b403f22-76a0-4e5a-a02a-91930a791ec2" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Trump orders pause on enforcing ban against bribing foreign officials</a></div><p class="o-teaser__standfirst"><a href="/content/8b403f22-76a0-4e5a-a02a-91930a791ec2" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Deloitte US staff ordered to drop gender pronouns, pros and cons of giving children weight-loss drugs </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="8b403f22-76a0-4e5a-a02a-91930a791ec2" data-myft-ui="saved" action="/myft/save/8b403f22-76a0-4e5a-a02a-91930a791ec2" data-js-action="/__myft/api/core/saved/content/8b403f22-76a0-4e5a-a02a-91930a791ec2?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save FirstFT: Trump orders pause on enforcing ban against bribing foreign officials to myFT for later" aria-label="Save 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Trump in the Oval Office"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-10T11:13:05.090Z">Monday, 10 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="f5b39ea3-7663-4354-93bd-cb4569d17389" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="f5b39ea3-7663-4354-93bd-cb4569d17389"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/f5b39ea3-7663-4354-93bd-cb4569d17389" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Trump to impose metals tariffs and new retaliatory levies</a></div><p class="o-teaser__standfirst"><a href="/content/f5b39ea3-7663-4354-93bd-cb4569d17389" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Elliott takes a stake in BP and a shift in M&A advising on Wall Street</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="f5b39ea3-7663-4354-93bd-cb4569d17389" data-myft-ui="saved" 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February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="f52c659b-296d-4c5f-b92c-392f552574e2" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="f52c659b-296d-4c5f-b92c-392f552574e2"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/f52c659b-296d-4c5f-b92c-392f552574e2" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Big Tech lines up $300bn of AI spending</a></div><p class="o-teaser__standfirst"><a href="/content/f52c659b-296d-4c5f-b92c-392f552574e2" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Trump promises to crack down on private equity tax loophole and Iran rules out US talks</a></p><div class="o-teaser__action"><span> 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class="o-date" data-o-date-format="date-only" datetime="2025-02-06T17:39:50.781Z">Thursday, 6 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="4d3990fa-83fe-4842-8de7-655ad4094555" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="4d3990fa-83fe-4842-8de7-655ad4094555"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/8c04f8e2-4048-4a2a-9fd2-706ed511c835" aria-label="Category: Newsletter">Newsletter</a></div><div class="o-teaser__heading"><a href="/content/4d3990fa-83fe-4842-8de7-655ad4094555" data-trackable="heading-link" class="js-teaser-heading-link">FT quiz: the week in news</a></div><p class="o-teaser__standfirst"><a href="/content/4d3990fa-83fe-4842-8de7-655ad4094555" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Ten topical questions to test your news 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</div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="fd47a16b-369e-4879-bcf9-ef3942cc3b05" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="fd47a16b-369e-4879-bcf9-ef3942cc3b05"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/fd47a16b-369e-4879-bcf9-ef3942cc3b05" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Banks offload Twitter debt</a></div><p class="o-teaser__standfirst"><a href="/content/fd47a16b-369e-4879-bcf9-ef3942cc3b05" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, the fallout from Trump’s Gaza plan, and Ackman trolls UnitedHealth Group</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" 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data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="97790968-0490-4fc5-972c-36c70be71397" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="97790968-0490-4fc5-972c-36c70be71397"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/97790968-0490-4fc5-972c-36c70be71397" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Trump calls for US to ‘take over’ Gaza and 2.2mn to be resettled</a></div><p class="o-teaser__standfirst"><a href="/content/97790968-0490-4fc5-972c-36c70be71397" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, EU’s ‘bazooka’ against Trump’s tariff threat and Alphabet shares drop</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui 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data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/35d81173-6c42-440f-b9ad-c518dc197622" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: China retaliates against Trump’s tariffs</a></div><p class="o-teaser__standfirst"><a href="/content/35d81173-6c42-440f-b9ad-c518dc197622" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Citi bucks back-to-office trend and the latest blow against USAID </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="35d81173-6c42-440f-b9ad-c518dc197622" data-myft-ui="saved" action="/myft/save/35d81173-6c42-440f-b9ad-c518dc197622" data-js-action="/__myft/api/core/saved/content/35d81173-6c42-440f-b9ad-c518dc197622?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div 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class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/cd22119b-39be-4c5e-a8d0-1884818d6b9f" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Trump’s trade war rocks global markets</a></div><p class="o-teaser__standfirst"><a href="/content/cd22119b-39be-4c5e-a8d0-1884818d6b9f" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, America’s corporate bosses cosy up to Musk, and Latam Airlines’ ambitious growth plan</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="cd22119b-39be-4c5e-a8d0-1884818d6b9f" data-myft-ui="saved" action="/myft/save/cd22119b-39be-4c5e-a8d0-1884818d6b9f" data-js-action="/__myft/api/core/saved/content/cd22119b-39be-4c5e-a8d0-1884818d6b9f?method=put" data-myft-ui-save-config=""> <input 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data-id="710a86de-7b72-4afc-972c-eacdc6f25a97"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/710a86de-7b72-4afc-972c-eacdc6f25a97" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: China’s military builds massive wartime command centre</a></div><p class="o-teaser__standfirst"><a href="/content/710a86de-7b72-4afc-972c-eacdc6f25a97" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Trump blames Washington air crash on DEI and advice on how to find the perfect partner</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="710a86de-7b72-4afc-972c-eacdc6f25a97" data-myft-ui="saved" action="/myft/save/710a86de-7b72-4afc-972c-eacdc6f25a97" 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data-id="894c43cf-225b-4cfc-9acb-2396ab7325e5" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="894c43cf-225b-4cfc-9acb-2396ab7325e5"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/8c04f8e2-4048-4a2a-9fd2-706ed511c835" aria-label="Category: Newsletter">Newsletter</a></div><div class="o-teaser__heading"><a href="/content/894c43cf-225b-4cfc-9acb-2396ab7325e5" data-trackable="heading-link" class="js-teaser-heading-link">FT quiz: the week in news</a></div><p class="o-teaser__standfirst"><a href="/content/894c43cf-225b-4cfc-9acb-2396ab7325e5" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Ten topical questions to test your news nous</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="894c43cf-225b-4cfc-9acb-2396ab7325e5" data-myft-ui="saved" 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o-teaser--small o-teaser--has-image js-teaser" data-id="e4974e47-baa2-4fd6-bfe0-f974afc96bfe"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/e4974e47-baa2-4fd6-bfe0-f974afc96bfe" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Rescuers search for survivors in the Potomac River</a></div><p class="o-teaser__standfirst"><a href="/content/e4974e47-baa2-4fd6-bfe0-f974afc96bfe" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, SoftBank in talks to invest up to $25bn in OpenAI, and London’s gold shortage</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="e4974e47-baa2-4fd6-bfe0-f974afc96bfe" data-myft-ui="saved" action="/myft/save/e4974e47-baa2-4fd6-bfe0-f974afc96bfe" 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January, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="1ca375a9-755b-4e35-a1eb-44bf17450699" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="1ca375a9-755b-4e35-a1eb-44bf17450699"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/1ca375a9-755b-4e35-a1eb-44bf17450699" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Fed on collision course with Donald Trump over rate cuts</a></div><p class="o-teaser__standfirst"><a href="/content/1ca375a9-755b-4e35-a1eb-44bf17450699" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, OpenAI accuses DeepSeek of potential copyright breech and a new demography series begins</a></p><div 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class="o-date" data-o-date-format="date-only" datetime="2025-01-28T11:43:49.243Z">Tuesday, 28 January, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="fb2e3fb0-5d7d-43f4-a14a-2c96849c91ce" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="fb2e3fb0-5d7d-43f4-a14a-2c96849c91ce"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/world" aria-label="Category: World">World</a></div><div class="o-teaser__heading"><a href="/content/fb2e3fb0-5d7d-43f4-a14a-2c96849c91ce" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: OpenAI’s Sam Altman scrambles to respond to DeepSeek threat</a></div><p class="o-teaser__standfirst"><a href="/content/fb2e3fb0-5d7d-43f4-a14a-2c96849c91ce" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Treasury secretary 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href="/content/6b284150-0d16-4505-b6b5-dacd09ea8974" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Israel allows Palestinians to return to northern Gaza and investors offload record amounts of PE stakes</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="6b284150-0d16-4505-b6b5-dacd09ea8974" data-myft-ui="saved" action="/myft/save/6b284150-0d16-4505-b6b5-dacd09ea8974" data-js-action="/__myft/api/core/saved/content/6b284150-0d16-4505-b6b5-dacd09ea8974?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save FirstFT: Success 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o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/us-companies" data-trackable="US Companies">US Companies</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/us-politics-policy" data-trackable="US Politics & Policy">US Politics & Policy</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/us-presidential-election-2024" data-trackable="US Presidential Election 2024">US Presidential Election 2024</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/companies" data-trackable="Companies">Companies</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-3" data-trackable="sub-level-toggle | Companies">Show more Companies</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-3" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/energy" data-trackable="Energy">Energy</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/financials" data-trackable="Financials">Financials</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/health" data-trackable="Health">Health</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/industrials" data-trackable="Industrials">Industrials</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/media" data-trackable="Media">Media</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/professional-services" data-trackable="Professional Services">Professional Services</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/retail-consumer" data-trackable="Retail & Consumer">Retail & Consumer</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/technology-sector" data-trackable="Tech Sector">Tech Sector</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/telecoms" data-trackable="Telecoms">Telecoms</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/transport" data-trackable="Transport">Transport</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/technology" data-trackable="Tech">Tech</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-4" data-trackable="sub-level-toggle | Tech">Show more Tech</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-4" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/artificial-intelligence" data-trackable="Artificial intelligence">Artificial intelligence</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/semiconductors" data-trackable="Semiconductors">Semiconductors</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/cyber-security" data-trackable="Cyber Security">Cyber Security</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/social-media" data-trackable="Social Media">Social Media</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/markets" data-trackable="Markets">Markets</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-5" data-trackable="sub-level-toggle | Markets">Show more Markets</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-5" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/alphaville" data-trackable="Alphaville">Alphaville</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://markets.ft.com/data" data-trackable="Markets Data">Markets Data</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/crypto" data-trackable="Crypto">Crypto</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/capital-markets" data-trackable="Capital Markets">Capital Markets</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/commodities" data-trackable="Commodities">Commodities</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/currencies" data-trackable="Currencies">Currencies</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/equities" data-trackable="Equities">Equities</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/ft-wealth-management" data-trackable="Wealth Management">Wealth Management</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/moral-money" data-trackable="Moral Money">Moral Money</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/etf-hub" data-trackable="ETF Hub">ETF Hub</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/fund-management" data-trackable="Fund Management">Fund Management</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/ft-trading-room" data-trackable="Trading">Trading</a></li></ul></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/climate-capital" data-trackable="Climate">Climate</a></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/opinion" data-trackable="Opinion">Opinion</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-7" data-trackable="sub-level-toggle | Opinion">Show more Opinion</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-7" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/columnists" data-trackable="Columnists">Columnists</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/ft-view" data-trackable="The FT View">The FT View</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/the-big-read" data-trackable="The Big Read">The Big Read</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/lex" data-trackable="Lex">Lex</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/obituaries" data-trackable="Obituaries">Obituaries</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/letters" data-trackable="Letters">Letters</a></li></ul></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/lex" data-trackable="Lex">Lex</a></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/work-careers" data-trackable="Work & Careers">Work & Careers</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-9" data-trackable="sub-level-toggle | Work & Careers">Show more Work & Careers</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-9" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://rankings.ft.com/business-education" data-trackable="Business School Rankings">Business School Rankings</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/business-education" data-trackable="Business Education">Business Education</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://rankings.ft.com/incubator-accelerator-programmes-europe" data-trackable="Europe's Start-Up Hubs">Europe's Start-Up Hubs</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/entrepreneurship" data-trackable="Entrepreneurship">Entrepreneurship</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/recruitment" data-trackable="Recruitment">Recruitment</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/business-books" data-trackable="Business Books">Business Books</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/business-travel" data-trackable="Business Travel">Business Travel</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/working-it" data-trackable="Working It">Working It</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/life-arts" data-trackable="Life & Arts">Life & Arts</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-10" data-trackable="sub-level-toggle | Life & Arts">Show more Life & Arts</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-10" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/arts" data-trackable="Arts">Arts</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/books" data-trackable="Books">Books</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/food-drink" data-trackable="Food & Drink">Food & Drink</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/magazine" data-trackable="FT Magazine">FT Magazine</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/house-home" data-trackable="House & Home">House & Home</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/style" data-trackable="Style">Style</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/puzzles-games" data-trackable="Puzzles">Puzzles</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/travel" data-trackable="Travel">Travel</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/globetrotter" data-trackable="FT Globetrotter">FT Globetrotter</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/personal-finance" data-trackable="Personal Finance">Personal Finance</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-11" data-trackable="sub-level-toggle | Personal Finance">Show more Personal Finance</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-11" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/mortgages" data-trackable="Property & Mortgages">Property & Mortgages</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/investments" data-trackable="Investments">Investments</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/pensions" data-trackable="Pensions">Pensions</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/tax" data-trackable="Tax">Tax</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/banking-savings" data-trackable="Banking & Savings">Banking & Savings</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/advice-comment" data-trackable="Advice & Comment">Advice & Comment</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/next-act" data-trackable="Next Act">Next Act</a></li></ul></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/htsi" data-trackable="HTSI">HTSI</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/special-reports" data-trackable="Special Reports">Special Reports</a></li></ul><h2 id="ft-recommends" class="o-header__drawer-menu-item o-header__drawer-menu-item--heading">FT recommends</h2><ul aria-labelledby="ft-recommends" class="o-header__drawer-menu-list"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/alphaville" data-trackable="Alphaville">Alphaville</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/ft-edit" data-trackable="FT Edit">FT Edit</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/lunch-with-the-ft" data-trackable="Lunch with the FT">Lunch with the FT</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/globetrotter" data-trackable="FT Globetrotter">FT Globetrotter</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="https://www.ft.com/tech-asia" data-trackable="#techAsia">#techAsia</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/moral-money" data-trackable="Moral Money">Moral Money</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/visual-and-data-journalism" data-trackable="Visual and data journalism">Visual and data journalism</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/newsletters" 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