World

<!DOCTYPE html><html lang="en-GB" class="no-js core o-typography--loading-sans o-typography--loading-sans-bold o-typography--loading-display o-typography--loading-display-bold" data-o-component="o-typography" style="overflow-x:hidden;background-color:#fff1e5;color:#33302e"><head><meta charSet="utf-8"/><meta http-equiv="X-UA-Compatible" content="IE=edge"/><meta name="viewport" content="width=device-width, initial-scale=1"/><title>World</title><meta name="description" content="Breaking news and top stories from around the world. Stay up-to-date with the latest developments from Europe, Asia, the Middle East and the Americas."/><link rel="canonical" href="https://www.ft.com/world"/><meta name="robots" content="index,follow,max-snippet:200,max-image-preview:large"/><meta name="google-site-verification" content="4-t8sFaPvpO5FH_Gnw1dkM28CQepjzo8UjjAkdDflTw"/><script type="application/ld+json">{"@context":"http://schema.org","@type":"WebSite","name":"Financial Times","alternateName":"FT.com","url":"http://www.ft.com"}</script><meta property="fb:pages" content="8860325749"/><meta property="twitter:site" content="@FinancialTimes"/><meta property="context:parentId" content="82645c31-4426-4ef5-99c9-9df6e0940c00"/><meta property="image:url" content="https://d1e00ek4ebabms.cloudfront.net/production/2d77d9d7-6390-477f-bf9e-5b44bc035921.jpg"/><meta property="image:width" content="2326"/><meta property="image:height" content="1308"/><meta property="image:altText" content="George Simion"/><meta property="metaSuffixText"/><meta property="standfirst" content="Far-right leader George Simion campaigns on cutting aid for Kyiv in bid to become president"/><meta property="metaAltLink"/><meta property="relativeUrl" content="/content/d5c90ffd-5388-44ab-936e-6558006c9142"/><meta property="type" content="article"/><meta property="indicators:isColumn"/><meta property="indicators:isOpinion"/><meta property="indicators:isScoop"/><meta property="indicators:isExclusive"/><meta property="indicators:isEditorsChoice"/><meta property="indicators:accessLevel" content="subscribed"/><meta property="title" content="Ukraine-sceptic ‘Trumpist’ gains traction ahead of Romanian vote"/><meta property="url" content="https://www.ft.com/content/d5c90ffd-5388-44ab-936e-6558006c9142"/><meta property="metaPrefixText"/><meta property="headshot"/><meta property="id" content="d5c90ffd-5388-44ab-936e-6558006c9142"/><meta property="publishedDate" content="2024-11-23T13:00:00.852Z"/><meta property="firstPublishedDate" content="2024-11-23T13:00:00.852Z"/><meta property="metaLink:id" content="84aedb15-ecd9-420d-ab94-26a1afc4ab7a"/><meta property="metaLink:predicate" content="http://www.ft.com/ontology/hasDisplayTag"/><meta property="metaLink:prefLabel" content="Romania"/><meta property="metaLink:type" content="LOCATION"/><meta property="metaLink:url" content="https://www.ft.com/romania"/><meta property="metaLink:relativeUrl" content="/romania"/><meta property="metaLink:isDisplayTag"/><meta property="parentTheme"/><meta property="altStandfirst"/><meta property="openGraph:twitter:card" content="summary_large_image"/><meta property="openGraph:og:title" content="Ukraine-sceptic ‘Trumpist’ gains traction ahead of Romanian vote"/><meta property="openGraph:og:description"/><meta property="openGraph:og:image" content="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fwww.ft.com%2F__assets%2Fcreatives%2Fopen-graph%2Fft-v1.jpg?source=next-opengraph&fit=scale-down&width=900"/><meta property="openGraph:og:url" content="https://www.ft.com/content/d5c90ffd-5388-44ab-936e-6558006c9142"/><meta property="openGraph:og:type" content="article"/><meta property="openGraph:article:published_time" content="2024-11-23T13:00:00.852Z"/><meta property="openGraph:article:modified_time" content="2024-11-23T13:00:00.852Z"/><meta name="apple-itunes-app" content="app-id=1200842933, app-argument=https://www.ft.com/world"/><link rel="icon" type="image/svg+xml" href="https://www.ft.com/__origami/service/image/v2/images/raw/ftlogo-v1%3Abrand-ft-logo-square-coloured?source=update-logos&format=svg"/><link rel="alternate icon" type="image/png" href="https://www.ft.com/__origami/service/image/v2/images/raw/ftlogo-v1%3Abrand-ft-logo-square-coloured?source=update-logos&format=png&width=32&height=32" sizes="32x32"/><link rel="alternate icon" type="image/png" href="https://www.ft.com/__origami/service/image/v2/images/raw/ftlogo-v1%3Abrand-ft-logo-square-coloured?source=update-logos&format=png&width=194&height=194" sizes="194x194"/><link rel="apple-touch-icon" href="https://www.ft.com/__origami/service/image/v2/images/raw/ftlogo-v1%3Abrand-ft-logo-square-coloured?source=update-logos&format=png&width=180&height=180" sizes="180x180"/><link rel="manifest" href="https://www.ft.com/__assets/creatives/manifest/manifest-v6.json"/><link rel="alternate" type="application/rss+xml" href="https://www.ft.com/world?format=rss"/><script> !function(e,n,t,i,o,r){function c(e){if("number"!=typeof e)return e;var n=new Date;return new Date(n.getTime()+1e3*e)}var a=4e3,s="xnpe_async_hide";function p(e){return e.reduce((function(e,n){return e[n]=function(){e._.push([n.toString(),arguments])},e}),{_:[]})}function m(e,n,t){var i=t.createElement(n);i.src=e;var o=t.getElementsByTagName(n)[0];return o.parentNode.insertBefore(i,o),i}function u(e){return"[object Date]"===Object.prototype.toString.call(e)}r.target=r.target,r.file_path=r.file_path||r.target+"/js/exponea.min.js",o[n]=p(["anonymize","initialize","identify","update","track","trackLink","trackEnhancedEcommerce","getHtml","showHtml","showBanner","showWebLayer","ping","getAbTest","loadDependency","getRecommendation","reloadWebLayers"]),o[n].notifications=p(["isAvailable","isSubscribed","subscribe","unsubscribe"]),o[n]["snippetVersion"]="v2.3.0",function(e,n,t){e[n]["_"+t]={},e[n]["_"+t].nowFn=Date.now,e[n]["_"+t].snippetStartTime=e[n]["_"+t].nowFn()}(o,n,"performance"),function(e,n,t,i,o,r){e[o]={sdk:e[i],sdkObjectName:i,skipExperiments:!!t.new_experiments,sign:t.token+"/"+(r.exec(n.cookie)||["","new"])[1],path:t.target}}(o,e,r,n,i,RegExp("__exponea_etc__"+"=([\w-]+)")),function(e,n,t){m(e.file_path,n,t)}(r,t,e),function(e,n,t,i,o,r,p){if(e.new_experiments){!0===e.new_experiments&&(e.new_experiments={});var f,l=e.new_experiments.hide_class||s,_=e.new_experiments.timeout||a,d=encodeURIComponent(r.location.href.split("#")[0]);e.cookies&&e.cookies.expires&&("number"==typeof e.cookies.expires||u(e.cookies.expires)?f=c(e.cookies.expires):e.cookies.expires.tracking&&("number"==typeof e.cookies.expires.tracking||u(e.cookies.expires.tracking))&&(f=c(e.cookies.expires.tracking))),f&&f<new Date&&(f=void 0);var x=e.target+"/webxp/"+n+"/"+r[t].sign+"/modifications.min.js?http-referer="+d+"&timeout="+_+"ms"+(f?"&cookie-expires="+Math.floor(f.getTime()/1e3):"");"sync"===e.new_experiments.mode&&r.localStorage.getItem("__exponea__sync_modifications__")?function(e,n,t,i,o){t[o][n]="<"+n+' src="'+e+'"></'+n+">",i.writeln(t[o][n]),i.writeln("<"+n+">!"+o+".init && document.writeln("+o+"."+n+'.replace("/'+n+'/", "/'+n+'-async/").replace("><", " async><"))</'+n+">")}(x,n,r,p,t):function(e,n,t,i,o,r,c,a){r.documentElement.classList.add(e);var s=m(t,i,r);function p(){o[a].init||m(t.replace("/"+i+"/","/"+i+"-async/"),i,r)}function u(){r.documentElement.classList.remove(e)}s.onload=p,s.onerror=p,o.setTimeout(u,n),o[c]._revealPage=u}(l,_,x,n,r,p,o,t)}}(r,t,i,0,n,o,e),function(e,n,t){e[n].start=function(i){i&&Object.keys(i).forEach((function(e){return t[e]=i[e]})),e[n].initialize(t)}}(o,n,r)}(document,"exponea","script","webxpClient",window,{ target: 'https://bloomreach.ft.com', token: 'd6e5bd4c-9228-11eb-a414-9a67e462410e', }); </script><link rel="preconnect" href="https://spoor-api.ft.com"/><link rel="preconnect" href="https://session-next.ft.com" crossorigin="use-credentials"/><link rel="preconnect" href="https://ads-api.ft.com"/><link rel="preconnect" href="https://securepubads.g.doubleclick.net"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/webpack-runtime.e95fdf411b11.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/page-kit-components.8bb60777e746.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-n-myft-ui.2f6eba7a4de4.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-tracking.0f18b62fd99e.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-n-syndication.91c0ae6f7c03.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/shared.stable.2bd3a12fc5b2.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-header.af838ca85c81.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-viewport.2f3b3befc0ad.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-n-notification.ffae2cfafe36.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-grid.f74f171098cc.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-utils.98fc7b2c5c0b.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/next-session-client.6ee6c033ca44.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-footer.80a1922ff25b.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-overlay.103801e3ac89.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-toggle.02e52d783748.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-tooltip.a461cbc5ea89.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-n-tracking.ab9a050d6406.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-date.89299101937d.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-lazy-load.2b733fdd8c1d.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-o-typography.e23e1f1503bb.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/privacy-components.66551fa7de4f.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/superstore.efa85c8c265d.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-n-exponea.961a5fd0eb0c.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/js-cookie.d73a14959b97.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/financial-times-x-engine.ab24e1752fd8.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/preact.249a2d8e27a9.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://www.ft.com/__assets/hashed/page-kit/scripts.2aefa1ace9c1.bundle.js" type="application/javascript"/><link rel="preload" as="script" href="https://consent-notice.ft.com/cmp.js" type="application/javascript"/><link rel="preload" as="font" href="https://www.ft.com/__origami/service/build/v3/font?font_format=woff2&font_name=MetricWeb-Regular&system_code=origami&version=1.12" type="font/woff2" crossorigin="anonymous"/><link rel="preload" as="font" href="https://www.ft.com/__origami/service/build/v3/font?font_format=woff2&font_name=MetricWeb-Semibold&system_code=origami&version=1.12" type="font/woff2" crossorigin="anonymous"/><link rel="preload" as="font" href="https://www.ft.com/__origami/service/build/v3/font?font_format=woff2&font_name=FinancierDisplayWeb-Regular&system_code=origami&version=1.12" type="font/woff2" crossorigin="anonymous"/><link rel="preload" as="font" href="https://www.ft.com/__origami/service/build/v3/font?font_format=woff2&font_name=FinancierDisplayWeb-Bold&system_code=origami&version=1.12" type="font/woff2" crossorigin="anonymous"/><script id="initial-props" type="application/json"></script><link rel="stylesheet" href="https://www.ft.com/__assets/hashed/page-kit/vendors~page-kit-layout-styles.e3540d819ef5.css"/><link rel="stylesheet" href="https://www.ft.com/__assets/hashed/page-kit/styles.9021600140ca.css"/><script type="application/json" id="page-kit-bootstrap-config">{"trackErrors":true,"core":[],"enhanced":["https://www.ft.com/__assets/hashed/page-kit/webpack-runtime.e95fdf411b11.bundle.js","https://www.ft.com/__assets/hashed/page-kit/page-kit-components.8bb60777e746.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-n-myft-ui.2f6eba7a4de4.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-tracking.0f18b62fd99e.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-n-syndication.91c0ae6f7c03.bundle.js","https://www.ft.com/__assets/hashed/page-kit/shared.stable.2bd3a12fc5b2.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-header.af838ca85c81.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-viewport.2f3b3befc0ad.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-n-notification.ffae2cfafe36.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-grid.f74f171098cc.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-utils.98fc7b2c5c0b.bundle.js","https://www.ft.com/__assets/hashed/page-kit/next-session-client.6ee6c033ca44.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-footer.80a1922ff25b.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-overlay.103801e3ac89.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-toggle.02e52d783748.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-tooltip.a461cbc5ea89.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-n-tracking.ab9a050d6406.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-date.89299101937d.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-lazy-load.2b733fdd8c1d.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-o-typography.e23e1f1503bb.bundle.js","https://www.ft.com/__assets/hashed/page-kit/privacy-components.66551fa7de4f.bundle.js","https://www.ft.com/__assets/hashed/page-kit/superstore.efa85c8c265d.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-n-exponea.961a5fd0eb0c.bundle.js","https://www.ft.com/__assets/hashed/page-kit/js-cookie.d73a14959b97.bundle.js","https://www.ft.com/__assets/hashed/page-kit/financial-times-x-engine.ab24e1752fd8.bundle.js","https://www.ft.com/__assets/hashed/page-kit/preact.249a2d8e27a9.bundle.js","https://www.ft.com/__assets/hashed/page-kit/scripts.2aefa1ace9c1.bundle.js","https://consent-notice.ft.com/cmp.js"]}</script><script>;(function () { var doc = document.documentElement var isEnhanced = isEnhancedBrowser() var scriptsConfig = getScriptsConfig() var scriptsToLoad = [] var currentScript = document.scripts[document.scripts.length - 1] doc.className = doc.className.replace('no-js', 'js') if (isEnhanced) { doc.className = doc.className.replace('core', 'enhanced') Array.prototype.push.apply(scriptsToLoad, scriptsConfig.enhanced) } else { Array.prototype.push.apply(scriptsToLoad, scriptsConfig.core) } for (var i = 0, len = scriptsToLoad.length; i < len; i++) { loadScript(scriptsToLoad[i]) } function scriptLoadError(error) { var script = error.target ? error.target.src : null if (script) { console.error('The script ' + script + ' failed to load') // eslint-disable-line no-console } if (/enhanced/.test(doc.className)) { console.warn('Script loading failed, reverting to core experience') // eslint-disable-line no-console doc.className = doc.className.replace('enhanced', 'core') } if (scriptsConfig.trackErrors) { addErrorTrackingPixel(script) } } function loadScript(src) { var script = document.createElement('script') script.onerror = scriptLoadError script.async = false script.src = src currentScript.parentNode.insertBefore(script, currentScript) } // "Cut the mustard" test // by Maggie Allen and Matt Hinchliffe November 2018 function isEnhancedBrowser() { var script = document.createElement('script') var input = document.createElement('input') return ( 'visibilityState' in document && // not supported by old Android (4.0-4.4) without a prefix 'indeterminate' in input && // not supported by BB 10 'flex' in doc.style && // not supported by old Safari (< 9) or IE 6-10 'async' in script // not supported by old Opera (Presto engine < 15) ) } function getScriptsConfig() { var scriptsConfigEl = document.getElementById('page-kit-bootstrap-config') var scriptsConfig = { core: [], enhanced: [], trackErrors: false } if (scriptsConfigEl) { try { scriptsConfig = JSON.parse(scriptsConfigEl.innerHTML) } catch (error) { console.error('Bootstrap configuration error', error) // eslint-disable-line no-console } } return scriptsConfig } function addErrorTrackingPixel(script) { var img = new Image() var data = JSON.stringify({ category: 'javascript', action: 'load-error', system: { source: 'page-kit' }, context: { script: script } }) img.src = 'https://spoor-api.ft.com/px.gif?data=' + encodeURIComponent(data) } })() </script><script>(function(w,d,s,l){ w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'}); var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:''; j.async=true; j.src='https://www.googletagmanager.com/gtm.js?id=GTM-NWQJW68'+dl; f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer');</script><script>(function loadCustomFonts() { var rootElement = document.documentElement; if (/(^|\s)o-typography-fonts-loaded=1(;|$)/.test(document.cookie)) { var fontLabels = ['sans', 'sans-bold', 'display', 'display-bold']; for (var i = 0; i < fontLabels.length; i++) { rootElement.className = rootElement.className.replace('o-typography--loading-' + fontLabels[i], ''); } } }());</script></head><body><noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-NWQJW68" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript><div class="n-layout"><a data-trackable="a11y-skip-to-help" class="n-layout__skip-link" href="https://www.ft.com/accessibility">Accessibility help</a><a data-trackable="a11y-skip-to-navigation" class="n-layout__skip-link" href="#site-navigation">Skip to navigation</a><a data-trackable="a11y-skip-to-content" class="n-layout__skip-link" href="#site-content">Skip to content</a><a data-trackable="a11y-skip-to-footer" class="n-layout__skip-link" href="#site-footer">Skip to footer</a><div class="n-layout__row n-layout__row--header"><div class="n-layout__header-before"><div id="n-exponea-bottom-slot"></div><div class="o-ads o-ads--center o-ads--background o-ads--transition o-ads--reserve-90 above-header-advert" data-o-ads-init="true" data-o-ads-name="leaderboard" data-o-ads-targeting="pos=top" data-o-ads-formats="MediumRectangle" data-o-ads-formats-medium="Leaderboard,FullBleedResponsive,Responsive,OneByOne" data-o-ads-formats-large="SuperLeaderboard,Leaderboard,FullBleedResponsive,Responsive,OneByOne" data-o-ads-formats-extra="Billboard,SuperLeaderboard,Leaderboard,FullBleedResponsive,Responsive,OneByOne"></div></div><header id="site-navigation" class="o-header o-header--simple" data-o-component="o-header" data-o-header--no-js="true" tabindex="-1"><div class="o-header__row o-header__anon" data-trackable="header-anon"><ul class="o-header__anon-list"><li class="o-header__anon-item"><a class="o-header__anon-link" href="/login?location=/world" data-trackable="Sign In">Sign In</a></li><li class="o-header__anon-item"><a class="o-header__anon-link" href="/products?segmentId=f860e6c2-18af-ab30-cd5e-6e3a456f9265" data-trackable="Subscribe">Subscribe</a></li></ul></div><div class="o-header__row o-header__top" data-trackable="header-top"><div class="o-header__container"><div class="o-header__top-wrapper"><div class="o-header__top-column o-header__top-column--left"><a href="#o-header-drawer" class="o-header__top-icon-link o-header__top-icon-link--menu" aria-controls="o-header-drawer" title="Open side navigation menu" data-trackable="drawer-toggle"><span class="o-header__top-link-label">Open side navigation menu</span></a><a href="#o-header-search-primary" class="o-header__top-icon-link o-header__top-icon-link--search" aria-controls="o-header-search-primary" title="Open search bar" data-trackable="search-toggle"><span class="o-header__top-link-label">Open search bar</span></a></div><div class="o-header__top-column o-header__top-column--center"><a class="o-header__top-logo" style="background-image:none" data-trackable="logo" href="/" title="Go to Financial Times homepage"><svg viewBox="0 0 1054 86"><title>Financial Times</title><path d="M26.177 72.609c0 5.938 1.697 7.295 12.554 7.295v3.732H.9v-3.732c7.464 0 10.01-.679 10.01-7.125V12.215c0-6.447-2.546-7.126-10.01-7.126V1.357h63.448l.34 22.563h-3.054C59.937 6.956 55.696 5.43 39.919 5.43H26.008v33.59h11.196c10.688 0 11.367-1.697 12.215-10.179h3.054v24.599h-3.054c-.848-8.482-1.527-10.01-12.215-10.01H26.008v29.18h.17zm46.314 11.027v-3.732c7.465 0 10.01-.679 10.01-7.125V12.215c0-6.447-2.545-7.126-10.01-7.126V1.357h35.287V5.09c-7.465 0-10.01.679-10.01 7.126v60.564c0 6.446 2.545 7.125 10.01 7.125v3.732H72.49zm115.36 1.357l-56.323-69.725V72.44c0 6.617 4.58 7.634 12.385 7.634v3.733h-29.858v-3.733c7.803 0 12.045-1.017 12.045-7.634V8.991c-3.563-3.732-6.108-3.902-12.045-3.902V1.357h26.465l43.09 55.475V12.554c0-6.616-4.58-7.634-12.384-7.634V1.357h30.027V5.09c-7.803 0-12.045 1.018-12.045 7.635v72.27h-1.357zm40.207-1.357h-29.689v-3.732c7.804 0 11.367-1.018 13.911-7.804L239.085.509h7.464l28.84 72.1c2.545 6.447 3.732 7.125 9.67 7.125v3.732h-34.438v-3.732c10.518 0 11.536-.848 8.99-7.125l-8.481-21.884h-25.787L217.71 71.93c-2.375 6.447 1.357 7.804 10.518 7.804v3.902h-.17zm-1.188-37.153h22.393l-11.705-29.518-10.688 29.518zm135.548 38.51l-56.153-69.725V72.44c0 6.617 4.58 7.634 12.384 7.634v3.733h-29.18v-3.733c7.126 0 11.367-1.017 11.367-7.634V9.161c-4.071-3.732-7.125-4.072-13.91-4.072V1.357h28.16l43.09 55.475V12.554c0-6.616-4.58-7.634-12.383-7.634V1.357h29.858V5.09c-7.804 0-12.045 1.018-12.045 7.635v72.27h-1.188zm83.297-83.805h2.036l1.187 24.598-3.053.17c-2.036-14.08-9.5-21.545-23.242-21.545-15.268 0-26.804 13.063-26.804 33.081 0 25.617 16.116 40.206 33.08 40.206 7.296 0 13.912-2.035 20.358-8.99l2.376 2.374c-5.26 7.465-15.608 13.742-29.52 13.742-20.696 0-41.732-15.608-41.732-41.734C380.4 17.813 399.57 0 422.813 0c11.027 0 16.795 4.75 19.848 4.75 1.357 0 2.375-1.187 3.054-3.562zm12.723 82.448v-3.732c7.465 0 10.01-.679 10.01-7.125V12.215c0-6.447-2.545-7.126-10.01-7.126V1.357h35.287V5.09c-7.464 0-10.01.679-10.01 7.126v60.564c0 6.446 2.546 7.125 10.01 7.125v3.732h-35.287zm68.538 0h-27.653v-3.732c6.108 0 9.331-1.018 11.876-7.804L538.003.509h7.464l28.84 72.1c2.545 6.447 3.733 7.125 9.67 7.125v3.732H549.54v-3.732c10.518 0 11.536-.848 8.991-7.125l-8.482-21.884h-25.786l-7.635 21.205c-2.375 6.447 1.358 7.804 10.519 7.804v3.902h-.17zm-1.188-37.153h22.394l-11.536-29.518-10.858 29.518zm63.957 37.153v-3.732c7.465 0 10.01-.679 10.01-7.125V12.215c0-6.447-2.545-7.126-10.01-7.126V1.357h35.117V5.09c-7.464 0-9.84.679-9.84 7.126v61.073c0 5.428 2.715 6.107 7.126 6.107h4.241c15.947 0 21.036-2.375 25.447-20.527l3.054.339-2.545 24.26h-62.6v.17zM760.75 1.357l.339 23.92h-3.054C756.34 7.634 752.098 5.43 736.32 5.43h-5.089v67.18c0 6.447 2.375 7.295 12.554 7.295v3.732h-40.376v-3.732c10.179 0 12.723-1.018 12.723-7.295V5.429h-5.089c-15.777 0-20.018 2.205-21.715 19.848h-3.053l.339-23.92h74.136zm7.973 82.28v-3.733c7.465 0 10.01-.679 10.01-7.125V12.215c0-6.447-2.545-7.126-10.01-7.126V1.357h35.287V5.09c-7.465 0-10.01.679-10.01 7.126v60.564c0 6.446 2.545 7.125 10.01 7.125v3.732h-35.287zM910.21 1.356V5.09c-7.465 0-10.688.34-10.01 6.956l6.447 61.073c.679 6.277 3.054 6.955 10.518 6.955v3.733h-35.117v-3.733c7.295 0 9.84-.678 9.331-6.955L884.762 8.99l-25.956 76.172h-1.018L832.34 8.822l-6.108 64.126c-.678 6.447 3.733 7.125 11.197 7.125v3.733h-27.483v-3.733c7.465 0 10.01-1.187 10.518-7.125l6.447-61.073c.679-6.446-2.545-6.955-10.01-6.955V1.357h28.84l17.305 56.153 18.661-56.153h28.5zm65.653 52.082h-3.053c-.849-8.482-1.527-10.01-12.215-10.01H948.04v29.859c0 5.428 2.715 6.107 7.125 6.107h6.786c15.947 0 21.036-2.375 25.447-20.527l3.054.339-2.884 24.26h-64.805v-3.733c7.464 0 10.009-.678 10.009-7.125V12.215c0-6.447-2.545-7.126-10.01-7.126V1.357h62.261l.34 20.527h-3.054c-1.866-14.59-5.598-16.286-21.885-16.286H948.21v33.42h12.554c10.687 0 11.366-1.696 12.214-10.178h3.054v24.599h-.17zm65.484 13.232c0-7.464-4.75-11.196-12.893-15.777l-13.063-6.786c-9.84-5.259-15.607-11.027-15.607-21.375C999.783 9.84 1010.81 0 1025.23 0c9.84 0 14.929 4.75 17.813 4.75 1.866 0 2.714-1.187 3.562-3.562h2.375l1.188 23.072-3.054.17c-1.696-11.198-9.67-19.85-20.866-19.85-8.483 0-14.081 5.09-14.081 12.215 0 7.804 5.937 11.027 12.554 14.59l11.196 5.937c10.519 5.768 17.983 11.536 17.983 22.563 0 14.59-12.554 24.939-28.161 24.939-11.028 0-16.456-5.26-19.34-5.26-1.866 0-2.884 1.697-3.732 4.242h-2.376l-1.696-24.43 3.054-.339c2.375 15.268 12.893 21.545 23.411 21.545 8.822-.17 16.286-4.071 16.286-13.91z" fill="#231F20" fill-rule="evenodd"></path></svg></a></div><div class="o-header__top-column o-header__top-column--right"><a class="o-header__top-button o-header__top-button--hide-m" role="button" href="/products?segmentId=f860e6c2-18af-ab30-cd5e-6e3a456f9265" data-trackable="Subscribe">Subscribe</a><a class="o-header__top-myaccount" id="o-header-top-link-signin" href="/login?location=/world" data-trackable="Sign In"><span>Sign In</span></a></div></div></div></div><div id="o-header-search-primary" class="o-header__row o-header__search o-header__search--primary" data-trackable="header-search" data-o-header-search="true"><div class="o-header__container"><form class="o-header__search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true"><label for="o-header-search-term-primary" class="o-header__search-term o-forms-field o-forms-field--optional"><span class="o-forms-title o-header__visually-hidden"><span class="o-forms-title__main">Search the <abbr title="Financial Times">FT</abbr></span></span><span class="o-forms-input o-forms-input--text o-forms-input--suffix"><input type="search" id="o-header-search-term-primary" name="q" autoComplete="off" autoCorrect="off" autoCapitalize="off" spellcheck="false" placeholder="Search for stories, topics or securities" role="combobox" aria-controls="suggestions-o-header-search-term-primary"/><button class="o-header__search-submit" type="submit"><span aria-hidden="true" class="o-header__search-icon"></span><span>Search</span></button><button class="o-header__search-close o--if-js" type="button" aria-controls="o-header-search-primary" title="Close search bar" data-trackable="close"><span class="o-header__visually-hidden">Close search bar</span><span>Close</span></button></span></label></form></div></div><nav id="o-header-nav-desktop" class="o-header__row o-header__nav o-header__nav--desktop" role="navigation" aria-label="Primary navigation" data-trackable="header-nav:desktop"><div class="o-header__container"><ul class="o-header__nav-list o-header__nav-list--left" data-trackable="primary-nav"><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/" id="o-header-link-0" data-trackable="Home">Home</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/world" id="o-header-link-1" aria-label="World, current page" aria-current="page" data-trackable="World">World</a><div class="o-header__mega" id="o-header-mega-1" role="group" aria-labelledby="o-header-link-1" data-o-header-mega="true" data-trackable="meganav | World"><div class="o-header__container"><div class="o-header__mega-wrapper"><div class="o-header__mega-column o-header__mega-column--subsections" data-trackable="sections"><div class="o-header__mega-heading">Sections</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/world" aria-label="World Home, current page" aria-current="page" data-trackable="link">World Home</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/middle-east-war" data-trackable="link">Middle East war</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/global-economy" data-trackable="link">Global Economy</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/world-uk" data-trackable="link">UK</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/us" data-trackable="link">US</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/china" data-trackable="link">China</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/africa" data-trackable="link">Africa</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/asia-pacific" data-trackable="link">Asia Pacific</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/emerging-markets" data-trackable="link">Emerging Markets</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/europe" data-trackable="link">Europe</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/war-in-ukraine" data-trackable="link">War in Ukraine</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/americas" data-trackable="link">Americas</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/middle-east-north-africa" data-trackable="link">Middle East & North Africa</a></li></ul></div></div><div class="o-header__mega-column o-header__mega-column--articles" data-trackable="popular"><div class="o-header__mega-heading">Most Read</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/1ef2a6ef-a623-484f-9879-8cb3c26f67fb" data-trackable="link">Inside the bitter fight to become Donald Trump’s Treasury secretary</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/31429c63-70ef-4213-9732-f05ef4422dae" data-trackable="link">Biden aims to Trump-proof his legacy with policy blitz in final days</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/8c1031b6-2917-4e0f-904a-45f6cd20059e" data-trackable="link">UN climate summit on the brink of collapse as vulnerable nations walk out</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/91865463-4b93-448c-95bb-8525ccb1016e" data-trackable="link">Brits retiring abroad could avoid UK inheritance tax under new loophole</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/0684127a-61de-41f4-af39-d36e0a1ffc5d" data-trackable="link">Gisèle Pelicot, the woman at the heart of a trial that has shocked France</a></li></ul></div></div></div></div></div></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/us" id="o-header-link-2" data-trackable="US">US</a><div class="o-header__mega" id="o-header-mega-2" role="group" aria-labelledby="o-header-link-2" data-o-header-mega="true" data-trackable="meganav | US"><div class="o-header__container"><div class="o-header__mega-wrapper"><div class="o-header__mega-column o-header__mega-column--subsections" data-trackable="sections"><div class="o-header__mega-heading">Sections</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/us" data-trackable="link">US Home</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/us-economy" data-trackable="link">US Economy</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/investing-in-america" data-trackable="link">Investing in America</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/us-companies" data-trackable="link">US Companies</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/us-politics-policy" data-trackable="link">US Politics & Policy</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/us-presidential-election-2024" data-trackable="link">US Presidential Election 2024</a></li></ul></div></div><div class="o-header__mega-column o-header__mega-column--articles" data-trackable="popular"><div class="o-header__mega-heading">Most Read</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/1ef2a6ef-a623-484f-9879-8cb3c26f67fb" data-trackable="link">Inside the bitter fight to become Donald Trump’s Treasury secretary</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/31429c63-70ef-4213-9732-f05ef4422dae" data-trackable="link">Biden aims to Trump-proof his legacy with policy blitz in final days</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/f2a37821-a373-4ee8-8491-1cb49460f17a" data-trackable="link">Trump picks Scott Bessent as Treasury secretary</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/97050b29-02bf-4a2c-8629-9d1c8509dc55" data-trackable="link">Hollywood gives thanks for blockbusters after long lean period</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/6f1984d1-8d19-43b1-a3cd-0f7ba9cbdd85" data-trackable="link">Tina is back: Investors say there is no alternative to US equities</a></li></ul></div></div></div></div></div></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/companies" id="o-header-link-3" data-trackable="Companies">Companies</a><div class="o-header__mega" id="o-header-mega-3" role="group" aria-labelledby="o-header-link-3" data-o-header-mega="true" data-trackable="meganav | Companies"><div class="o-header__container"><div class="o-header__mega-wrapper"><div class="o-header__mega-column o-header__mega-column--subsections" data-trackable="sections"><div class="o-header__mega-heading">Sections</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/companies" data-trackable="link">Companies Home</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/energy" data-trackable="link">Energy</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/financials" data-trackable="link">Financials</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/health" data-trackable="link">Health</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/industrials" data-trackable="link">Industrials</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/media" data-trackable="link">Media</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/professional-services" data-trackable="link">Professional Services</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/retail-consumer" data-trackable="link">Retail & Consumer</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/technology-sector" data-trackable="link">Tech Sector</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/telecoms" data-trackable="link">Telecoms</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/transport" data-trackable="link">Transport</a></li></ul></div></div><div class="o-header__mega-column o-header__mega-column--articles" data-trackable="popular"><div class="o-header__mega-heading">Most Read</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/22df8cf6-d224-4ce8-8d73-a5e3f995fc2c" data-trackable="link">Goldman Sachs takes $900mn hit on Northvolt investment</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/e1b52147-c171-4902-8bce-204ba0905912" data-trackable="link">Meta loses ground to Bluesky as users abandon Elon Musk’s X </a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/8c1031b6-2917-4e0f-904a-45f6cd20059e" data-trackable="link">UN climate summit on the brink of collapse as vulnerable nations walk out</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/09938004-21b9-4750-8fa2-9ed15c566d4e" data-trackable="link">‘There was so much promise’: How Northvolt tumbled into bankruptcy</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/e0a50aac-c88e-48fb-aad5-f75f752c64f2" data-trackable="link">Former UK chancellor Zahawi and billionaire Mansour join bid for Telegraph</a></li></ul></div></div></div></div></div></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/technology" id="o-header-link-4" data-trackable="Tech">Tech</a><div class="o-header__mega" id="o-header-mega-4" role="group" aria-labelledby="o-header-link-4" data-o-header-mega="true" data-trackable="meganav | Tech"><div class="o-header__container"><div class="o-header__mega-wrapper"><div class="o-header__mega-column o-header__mega-column--subsections" data-trackable="sections"><div class="o-header__mega-heading">Sections</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/technology" data-trackable="link">Tech Home</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/artificial-intelligence" data-trackable="link">Artificial intelligence</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/semiconductors" data-trackable="link">Semiconductors</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/cyber-security" data-trackable="link">Cyber Security</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/social-media" data-trackable="link">Social Media</a></li></ul></div></div><div class="o-header__mega-column o-header__mega-column--articles" data-trackable="popular"><div class="o-header__mega-heading">Most Read</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/e1b52147-c171-4902-8bce-204ba0905912" data-trackable="link">Meta loses ground to Bluesky as users abandon Elon Musk’s X </a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/c01c74e4-eda0-4752-ac51-cf2c694ab32f" data-trackable="link">Thomas Kurtz, mathematician, 1928-2024</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/a3a329ee-8c9a-4abd-add2-eb7d56f4c108" data-trackable="link">What Trump means for Silicon Valley</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/01da4ed8-0371-44b0-a07d-63e07f32939e" data-trackable="link">Amazon pumps another $4bn into AI start-up Anthropic</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/ac17ef21-7a9d-4366-9b9e-343489785f9b" data-trackable="link">Samsung’s princeling heir Lee Jae-yong grapples with corporate crisis</a></li></ul></div></div></div></div></div></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/markets" id="o-header-link-5" data-trackable="Markets">Markets</a><div class="o-header__mega" id="o-header-mega-5" role="group" aria-labelledby="o-header-link-5" data-o-header-mega="true" data-trackable="meganav | Markets"><div class="o-header__container"><div class="o-header__mega-wrapper"><div class="o-header__mega-column o-header__mega-column--subsections" data-trackable="sections"><div class="o-header__mega-heading">Sections</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/markets" data-trackable="link">Markets Home</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/alphaville" data-trackable="link">Alphaville</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="https://markets.ft.com/data" data-trackable="link">Markets Data</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/crypto" data-trackable="link">Crypto</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/capital-markets" data-trackable="link">Capital Markets</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/commodities" data-trackable="link">Commodities</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/currencies" data-trackable="link">Currencies</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/equities" data-trackable="link">Equities</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/ft-wealth-management" data-trackable="link">Wealth Management</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/moral-money" data-trackable="link">Moral Money</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="https://etf.ft.com" data-trackable="link">ETF Hub</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/fund-management" data-trackable="link">Fund Management</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/ft-trading-room" data-trackable="link">Trading</a></li></ul></div></div><div class="o-header__mega-column o-header__mega-column--articles" data-trackable="popular"><div class="o-header__mega-heading">Most Read</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/8c1031b6-2917-4e0f-904a-45f6cd20059e" data-trackable="link">UN climate summit on the brink of collapse as vulnerable nations walk out</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/73fa6fd9-6f34-4e59-8f0f-04de3be7387a" data-trackable="link">The delusions behind a bitcoin strategic reserve </a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/ca809d14-5fb1-4586-b1ae-bf8ccae7d300" data-trackable="link">Ex-Barclays chief John Varley pulled back into fight to clear bank’s name</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-trackable="link">German bond investors bet on an end to Berlin’s ‘debt brake’ </a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/6f1984d1-8d19-43b1-a3cd-0f7ba9cbdd85" data-trackable="link">Tina is back: Investors say there is no alternative to US equities</a></li></ul></div></div></div></div></div></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/climate-capital" id="o-header-link-6" data-trackable="Climate">Climate</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/opinion" id="o-header-link-7" data-trackable="Opinion">Opinion</a><div class="o-header__mega" id="o-header-mega-7" role="group" aria-labelledby="o-header-link-7" data-o-header-mega="true" data-trackable="meganav | Opinion"><div class="o-header__container"><div class="o-header__mega-wrapper"><div class="o-header__mega-column o-header__mega-column--subsections" data-trackable="sections"><div class="o-header__mega-heading">Sections</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/opinion" data-trackable="link">Opinion Home</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/columnists" data-trackable="link">Columnists</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/ft-view" data-trackable="link">The FT View</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/the-big-read" data-trackable="link">The Big Read</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/lex" data-trackable="link">Lex</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/obituaries" data-trackable="link">Obituaries</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/letters" data-trackable="link">Letters</a></li></ul></div></div><div class="o-header__mega-column o-header__mega-column--articles" data-trackable="popular"><div class="o-header__mega-heading">Most Read</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/ded9a634-64f6-42a7-b081-40448b9e490a" data-trackable="link">The age of the partial outsider</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/73fa6fd9-6f34-4e59-8f0f-04de3be7387a" data-trackable="link">The delusions behind a bitcoin strategic reserve </a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/5d1d1137-c0ae-476e-941e-6811d59cea28" data-trackable="link">Confessions of a farmer’s daughter</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/8292727b-48a9-489a-8b69-443271ba3957" data-trackable="link">Do they know it’s Africa, at all?</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/c01c74e4-eda0-4752-ac51-cf2c694ab32f" data-trackable="link">Thomas Kurtz, mathematician, 1928-2024</a></li></ul></div></div></div></div></div></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/lex" id="o-header-link-8" data-trackable="Lex">Lex</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/work-careers" id="o-header-link-9" data-trackable="Work & Careers">Work & Careers</a><div class="o-header__mega" id="o-header-mega-9" role="group" aria-labelledby="o-header-link-9" data-o-header-mega="true" data-trackable="meganav | Work & Careers"><div class="o-header__container"><div class="o-header__mega-wrapper"><div class="o-header__mega-column o-header__mega-column--subsections" data-trackable="sections"><div class="o-header__mega-heading">Sections</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/work-careers" data-trackable="link">Work & Careers Home</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="https://rankings.ft.com/business-education" data-trackable="link">Business School Rankings</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/business-education" data-trackable="link">Business Education</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="https://rankings.ft.com/incubator-accelerator-programmes-europe" data-trackable="link">Europe's Start-Up Hubs</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/entrepreneurship" data-trackable="link">Entrepreneurship</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/recruitment" data-trackable="link">Recruitment</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/business-books" data-trackable="link">Business Books</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/business-travel" data-trackable="link">Business Travel</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/working-it" data-trackable="link">Working It</a></li></ul></div></div><div class="o-header__mega-column o-header__mega-column--articles" data-trackable="popular"><div class="o-header__mega-heading">Most Read</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/91865463-4b93-448c-95bb-8525ccb1016e" data-trackable="link">Brits retiring abroad could avoid UK inheritance tax under new loophole</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/5283f0f0-2eb7-44e2-b477-a9999400065c" data-trackable="link">What the ‘manopause’ tells us about the gender gap </a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/ccb4c885-57f3-4008-8359-f4e4fcc24eaa" data-trackable="link">What’s behind the lesbian pay premium?</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/43527e66-2feb-45fc-8e74-0e2112a1fce5" data-trackable="link">The new rules of the hotel pool</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/5f43c144-7779-4c6b-8fe0-d40fd0d537e3" data-trackable="link">A local’s guide to Miami’s green spaces</a></li></ul></div></div></div></div></div></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/life-arts" id="o-header-link-10" data-trackable="Life & Arts">Life & Arts</a><div class="o-header__mega" id="o-header-mega-10" role="group" aria-labelledby="o-header-link-10" data-o-header-mega="true" data-trackable="meganav | Life & Arts"><div class="o-header__container"><div class="o-header__mega-wrapper"><div class="o-header__mega-column o-header__mega-column--subsections" data-trackable="sections"><div class="o-header__mega-heading">Sections</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/life-arts" data-trackable="link">Life & Arts Home</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/arts" data-trackable="link">Arts</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/books" data-trackable="link">Books</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/food-drink" data-trackable="link">Food & Drink</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/magazine" data-trackable="link">FT Magazine</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/house-home" data-trackable="link">House & Home</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/style" data-trackable="link">Style</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/travel" data-trackable="link">Travel</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/globetrotter" data-trackable="link">FT Globetrotter</a></li></ul></div></div><div class="o-header__mega-column o-header__mega-column--articles" data-trackable="popular"><div class="o-header__mega-heading">Most Read</div><div class="o-header__mega-content"><ul class="o-header__mega-list"><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/8cc39e9f-d050-4f46-9187-aed5ae32b2cb" data-trackable="link">The myths that made Elon Musk </a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/ded9a634-64f6-42a7-b081-40448b9e490a" data-trackable="link">The age of the partial outsider</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/5d1d1137-c0ae-476e-941e-6811d59cea28" data-trackable="link">Confessions of a farmer’s daughter</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/8292727b-48a9-489a-8b69-443271ba3957" data-trackable="link">Do they know it’s Africa, at all?</a></li><li class="o-header__mega-item"><a class="o-header__mega-link" href="/content/97050b29-02bf-4a2c-8629-9d1c8509dc55" data-trackable="link">Hollywood gives thanks for blockbusters after long lean period</a></li></ul></div></div></div></div></div></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/htsi" id="o-header-link-11" data-trackable="HTSI">HTSI</a></li></ul></div></nav><div class="o-header__subnav" role="navigation" aria-label="Sub navigation" data-o-header-subnav="true" data-trackable="header-subnav"><div class="o-header__container"><div class="o-header__subnav-wrap-outside"><div class="o-header__subnav-wrap-inside" data-o-header-subnav-wrapper="true"><div class="o-header__subnav-content"><ol class="o-header__subnav-list o-header__subnav-list--breadcrumb" aria-label="Breadcrumb" data-trackable="breadcrumb"><li class="o-header__subnav-item"><a class="o-header__subnav-link o-header__subnav-link--highlight" href="/world" aria-label="World, current page" aria-current="page" data-trackable="World">World</a></li></ol><ul class="o-header__subnav-list o-header__subnav-list--children" aria-label="Subsections" data-trackable="subsections"><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/middle-east-war" data-trackable="Middle East war">Middle East war</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/global-economy" data-trackable="Global Economy">Global Economy</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/world-uk" data-trackable="UK">UK</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/us" data-trackable="US">US</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/china" data-trackable="China">China</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/africa" data-trackable="Africa">Africa</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/asia-pacific" data-trackable="Asia Pacific">Asia Pacific</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/emerging-markets" data-trackable="Emerging Markets">Emerging Markets</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/europe" data-trackable="Europe">Europe</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/war-in-ukraine" data-trackable="War in Ukraine">War in Ukraine</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/americas" data-trackable="Americas">Americas</a></li><li class="o-header__subnav-item"><a class="o-header__subnav-link " href="/middle-east-north-africa" data-trackable="Middle East & North Africa">Middle East & North Africa</a></li></ul></div></div><button class="o-header__subnav-button o-header__subnav-button--left" title="scroll left" aria-label="scroll left" aria-hidden="true" disabled=""></button><button class="o-header__subnav-button o-header__subnav-button--right" title="scroll right" aria-label="scroll right" aria-hidden="true" disabled=""></button></div></div></div></header><header class="o-header o-header--simple o-header--sticky o--if-js" data-o-component="o-header" data-o-header--sticky="true" aria-hidden="true"><div class="o-header__row o-header__top" data-trackable="header-sticky"><div class="o-header__container"><div class="o-header__top-wrapper"><div class="o-header__top-column o-header__top-column--left"><a href="#" class="o-header__top-icon-link o-header__top-icon-link--menu" aria-controls="o-header-drawer" data-trackable="drawer-toggle" tabindex="-1"><span class="o-header__top-link-label">Menu</span></a><a href="#" class="o-header__top-icon-link o-header__top-icon-link--search" aria-controls="o-header-search-sticky" data-trackable="search-toggle" tabindex="-1"><span class="o-header__top-link-label">Search</span></a></div><div class="o-header__top-column o-header__top-column--center"><div class="o-header__top-takeover"><div class="o-header__nav"><ul class="o-header__nav-list o-header__nav-list--left" data-trackable="primary-nav"><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/" data-trackable="Home" tabindex="-1">Home</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/world" data-trackable="World" tabindex="-1">World</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/us" data-trackable="US" tabindex="-1">US</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/companies" data-trackable="Companies" tabindex="-1">Companies</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/technology" data-trackable="Tech" tabindex="-1">Tech</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/markets" data-trackable="Markets" tabindex="-1">Markets</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/climate-capital" data-trackable="Climate" tabindex="-1">Climate</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/opinion" data-trackable="Opinion" tabindex="-1">Opinion</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/lex" data-trackable="Lex" tabindex="-1">Lex</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/work-careers" data-trackable="Work & Careers" tabindex="-1">Work & Careers</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/life-arts" data-trackable="Life & Arts" tabindex="-1">Life & Arts</a></li><li class="o-header__nav-item"><a class="o-header__nav-link o-header__nav-link--primary" href="/htsi" data-trackable="HTSI" tabindex="-1">HTSI</a></li></ul></div></div><a class="o-header__top-logo o-header__hide--L" data-trackable="logo" href="/" title="Go to Financial Times homepage" tabindex="-1"><span class="o-header__visually-hidden">Financial Times</span></a></div><div class="o-header__top-column o-header__top-column--right"><a class="o-header__top-button o-header__top-button--hide-m" role="button" href="/products?segmentId=f860e6c2-18af-ab30-cd5e-6e3a456f9265" data-trackable="Subscribe" tabindex="-1">Subscribe</a><a class="o-header__top-myaccount" id="o-header-top-link-signin" href="/login?location=/world" data-trackable="Sign In"><span>Sign In</span></a></div></div></div></div><div id="o-header-search-sticky" class="o-header__row o-header__search o-header__search--sticky" data-trackable="header-search" data-o-header-search="true"><div class="o-header__container"><form class="o-header__search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true"><label for="o-header-search-term-sticky" class="o-header__search-term o-forms-field o-forms-field--optional"><span class="o-forms-title o-header__visually-hidden"><span class="o-forms-title__main">Search the <abbr title="Financial Times">FT</abbr></span></span><span class="o-forms-input o-forms-input--text o-forms-input--suffix"><input type="search" id="o-header-search-term-sticky" name="q" autoComplete="off" autoCorrect="off" autoCapitalize="off" spellcheck="false" placeholder="Search for stories, topics or securities" role="combobox" aria-controls="suggestions-o-header-search-term-sticky"/><button class="o-header__search-submit" type="submit"><span aria-hidden="true" class="o-header__search-icon"></span><span>Search</span></button><button class="o-header__search-close o--if-js" type="button" aria-controls="o-header-search-sticky" title="Close search bar" data-trackable="close"><span class="o-header__visually-hidden">Close search bar</span><span>Close</span></button></span></label></form></div></div></header></div><div class="n-layout__row n-layout__row--content"><div><div class="o-ads advert--mini-billboard" data-o-ads-name="miniBillboard" data-o-ads-targeting="pos=top" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="FullBleedResponsive, OneByOne" data-o-ads-formats-medium="OneByOne" data-o-ads-formats-large=false data-o-ads-formats-extra=false aria-hidden="true"> </div> <script type="application/json" id="stream-page-meta"> {"pageAttributes":{"hasRecommendedStories":true,"hasMostRead":true,"isDeduped":true,"isPage":1,"hasTopSection":{"config":"default","hasOpinionAndAnalysis":true},"useCssGridSection":true,"hasSidebarContent":true}} </script> <div id="n-exponea-top-slot"></div> <div role="navigation" aria-label="category navigation" class="sub-header" data-trackable="sub-header" > <div class="o-grid-container"> <div class="o-grid-row"> <div class="sub-header__section sub-header__section--title " data-o-grid-colspan="12 M8 XL9" > <h1 class="sub-header__page-title"> World </h1> <form class="n-myft-ui n-myft-ui--follow " method="GET" data-myft-ui="follow" data-concept-id="82645c31-4426-4ef5-99c9-9df6e0940c00" action="/myft/add/82645c31-4426-4ef5-99c9-9df6e0940c00" data-js-action="/__myft/api/core/followed/concept/82645c31-4426-4ef5-99c9-9df6e0940c00?method=put" > <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="Now following World." data-unpressed-text="No longer following World." ></div> <button aria-pressed="false" aria-label="Add to myFT: World" title="Add World to myFT" data-alternate-label="Added World to myFT: click to remove" data-alternate-text="Added" class=" n-myft-follow-button" data-concept-id="82645c31-4426-4ef5-99c9-9df6e0940c00" data-trackable="follow" type="submit">Add to myFT</button> </form> </div> </div> </div> </div> <div role="main" id="site-content" data-concept-id="82645c31-4426-4ef5-99c9-9df6e0940c00"> <div class="o-grid-container"> <div class="o-grid-row"> <div data-o-grid-colspan="12"> <div class="css-grid__container">  <div class="css-grid__item-top"> <div class="o-grid-row"> <div class="o-teaser-collection o-teaser-collection--no-border js-track-scroll-event" data-o-grid-colspan="12" data-trackable="lead-story" > <h2 class="o-normalise-visually-hidden">Lead story in World</h2> <div class="o-teaser o-teaser--article o-teaser--top-story o-teaser--landscape o-teaser--has-image js-teaser" data-id="d5c90ffd-5388-44ab-936e-6558006c9142"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/romania" aria-label="Category: Romania">Romania</a></div><div class="o-teaser__heading"><a href="/content/d5c90ffd-5388-44ab-936e-6558006c9142" data-trackable="heading-link" class="js-teaser-heading-link">Ukraine-sceptic ‘Trumpist’ gains traction ahead of Romanian vote</a></div><p class="o-teaser__standfirst"><a href="/content/d5c90ffd-5388-44ab-936e-6558006c9142" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Far-right leader George Simion campaigns on cutting aid for Kyiv in bid to become president</a></p></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/d5c90ffd-5388-44ab-936e-6558006c9142" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2339%;"><img class="o-teaser__image" src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F2d77d9d7-6390-477f-bf9e-5b44bc035921.jpg?source=next&fit=scale-down&dpr=2&width=640" alt="George Simion"/></div></a></div></div> </div> <div class=" js-track-scroll-event" data-o-grid-colspan="12 L6"> <div class="o-teaser-collection" data-trackable="top-stories-column-one"> <h2 class="o-teaser-collection__heading o-teaser-collection__heading--full-width" aria-label="Latest News in World"> News </h2> <div class="o-teaser o-teaser--article o-teaser--large o-teaser--has-image js-teaser" data-id="db73120d-1291-4252-9500-adf32e3b7f7a"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/poland" aria-label="Category: Poland">Poland</a></div><div class="o-teaser__heading"><a href="/content/db73120d-1291-4252-9500-adf32e3b7f7a" data-trackable="heading-link" class="js-teaser-heading-link">Donald Tusk’s ruling party picks Warsaw mayor as Polish presidential candidate</a></div><p class="o-teaser__standfirst"><a href="/content/db73120d-1291-4252-9500-adf32e3b7f7a" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Rafał Trzaskowski beats foreign minister Radosław Sikorski in primary contest</a></p></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/db73120d-1291-4252-9500-adf32e3b7f7a" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image" src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F120ae364-d5cd-46ce-a2d9-107af818e877.jpg?source=next&fit=scale-down&dpr=2&width=340" alt="Rafal Trzaskowski speaks at an event in Poland"/></div></a></div></div> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="8c1031b6-2917-4e0f-904a-45f6cd20059e"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/bbf38b59-d229-41e0-81e9-34635476aac6" aria-label="Category: COP29">COP29</a></div><div class="o-teaser__heading"><a href="/content/8c1031b6-2917-4e0f-904a-45f6cd20059e" data-trackable="heading-link" class="js-teaser-heading-link">UN climate summit on the brink of collapse as vulnerable nations walk out</a></div><p class="o-teaser__standfirst"><a href="/content/8c1031b6-2917-4e0f-904a-45f6cd20059e" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Germany accuses Saudi Arabia and Russia of trying to block progress on efforts to cut fossil fuel use</a></p><div class="o-teaser__timestamp o-teaser__timestamp--"><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2024-11-23T16:53:17+0000">2 hours ago</time></div></div></div> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="f2a37821-a373-4ee8-8491-1cb49460f17a"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-politics-policy" aria-label="Category: US politics & policy">US politics & policy</a></div><div class="o-teaser__heading"><a href="/content/f2a37821-a373-4ee8-8491-1cb49460f17a" data-trackable="heading-link" class="js-teaser-heading-link">Trump picks Scott Bessent as Treasury secretary</a></div><p class="o-teaser__standfirst"><a href="/content/f2a37821-a373-4ee8-8491-1cb49460f17a" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs</a></p></div></div> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="6b16546d-1672-41e1-9de2-bd8f44a8cc64"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/eurozone-economy" aria-label="Category: Eurozone economy">Eurozone economy</a></div><div class="o-teaser__heading"><a href="/content/6b16546d-1672-41e1-9de2-bd8f44a8cc64" data-trackable="heading-link" class="js-teaser-heading-link">EU’s top central bankers warn economy at risk from political paralysis</a></div><p class="o-teaser__standfirst"><a href="/content/6b16546d-1672-41e1-9de2-bd8f44a8cc64" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">ECB president and governors of Bundesbank and Banque de France issue warnings over lack of reform </a></p></div></div> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="28d03108-3a3a-44ec-8994-9749ab03ead1"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/bbf38b59-d229-41e0-81e9-34635476aac6" aria-label="Category: COP29">COP29</a></div><div class="o-teaser__heading"><a href="/content/28d03108-3a3a-44ec-8994-9749ab03ead1" data-trackable="heading-link" class="js-teaser-heading-link">Poorer nations deride COP29 offer of $250bn to tackle climate change</a></div><p class="o-teaser__standfirst"><a href="/content/28d03108-3a3a-44ec-8994-9749ab03ead1" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Independent expert group says amount falls short of $390bn a year needed by 2035 to deal with effects of global warming</a></p></div></div> </div> <div class="o-ads advert--top-small-medium" data-o-ads-name="top-small" data-o-ads-targeting="pos=top" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="false" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> <div class="o-ads advert--mid-small-medium" data-o-ads-name="mid-small-medium" data-o-ads-targeting="pos=mid" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="false" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" data-o-grid-colspan="12" aria-hidden="true"> </div> </div> <div class=" js-track-scroll-event" data-o-grid-colspan="12 L6"> <div class="o-teaser-collection" data-trackable="opinion-and-analysis"> <h2 class="o-teaser-collection__heading o-teaser-collection__heading--full-width centred" aria-label="Latest Opinion & Analysis in World"> Opinion & Analysis </h2> <div class="o-teaser o-teaser--article o-teaser--large o-teaser--has-image js-teaser" data-id="9863f2f2-d731-4c93-b131-977d96f9bd2d"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/middle-east-war" aria-label="Category: Middle East war">Middle East war</a></div><div class="o-teaser__heading"><a href="/content/9863f2f2-d731-4c93-b131-977d96f9bd2d" data-trackable="heading-link" class="js-teaser-heading-link">Israel fights Hizbollah at Lebanese crusader castle as forces push north</a></div><p class="o-teaser__standfirst"><a href="/content/9863f2f2-d731-4c93-b131-977d96f9bd2d" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Fierce clashes in Chamaa injured four UN peacekeepers on Friday in one of Israel’s deepest advances into the country so far</a></p></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/9863f2f2-d731-4c93-b131-977d96f9bd2d" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2696%;"><img class="o-teaser__image" src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F63e97a02-14aa-4a12-b020-eb9a7c89668b.jpg?source=next&fit=scale-down&dpr=2&width=340" alt="Smoke rising above a Lebanese hill between Tair Harfa and Chamaa villages is seen from Tyre city, south Lebanon"/></div></a></div></div> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="75c830f8-0906-4365-88ba-ba7a7fdf0108"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/cuba" aria-label="Category: Cuba">Cuba</a></div><div class="o-teaser__heading"><a href="/content/75c830f8-0906-4365-88ba-ba7a7fdf0108" data-trackable="heading-link" class="js-teaser-heading-link">No mojitos and no lights: Cuba’s tourism industry fights losing battle</a></div><p class="o-teaser__standfirst"><a href="/content/75c830f8-0906-4365-88ba-ba7a7fdf0108" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Power cuts and shortages of basic items plague Communist-ruled island’s vital sector</a></p></div></div> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="b1a9516a-bef7-40e1-bc85-588247a1220c"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-politics-policy" aria-label="Category: US politics & policy">US politics & policy</a></div><div class="o-teaser__heading"><a href="/content/b1a9516a-bef7-40e1-bc85-588247a1220c" data-trackable="heading-link" class="js-teaser-heading-link">‘Sigh of relief’: Wall Street welcomes Trump’s pick of Bessent for Treasury</a></div><p class="o-teaser__standfirst"><a href="/content/b1a9516a-bef7-40e1-bc85-588247a1220c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Nomination of hedge fund investor follows tumultuous fight for the top US economic post</a></p></div></div> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--opinion js-teaser" data-id="4b8d2b1a-a68b-4505-992f-743fae37e84d"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">The FT View</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/ft-view" aria-label="Category: The editorial board">The editorial board</a></div><div class="o-teaser__heading"><a href="/content/4b8d2b1a-a68b-4505-992f-743fae37e84d" data-trackable="heading-link" class="js-teaser-heading-link">The unravelling of the international legal order</a></div><p class="o-teaser__standfirst"><a href="/content/4b8d2b1a-a68b-4505-992f-743fae37e84d" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">An arrest warrant for Israel’s prime minister has exposed divisions among western leaders</a></p></div></div> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="18761355-0470-43cb-8fe5-312ede861c8c"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/the-big-read" aria-label="Category: The Big Read">The Big Read</a></div><div class="o-teaser__heading"><a href="/content/18761355-0470-43cb-8fe5-312ede861c8c" data-trackable="heading-link" class="js-teaser-heading-link">How long will Trump’s honeymoon with the stock market last?</a></div><p class="o-teaser__standfirst"><a href="/content/18761355-0470-43cb-8fe5-312ede861c8c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Equities investors seem unfazed by the risk that tariffs and tax cuts will push up inflation and deficits. But fears are rising</a></p></div></div> </div> </div> <div class="o-teaser-collection" data-o-grid-colspan="12" data-trackable="section-promoted-content" > <h2 class="o-teaser-collection__heading o-teaser-collection__heading--half-width"> Promoted Content </h2> <div class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L9 Loffset3"> <div class="o-teaser o-teaser--native-ad " data-o-ads-name="promoted-content" data-o-ads-targeting="pos=native;format=horizontal" data-o-ads-formats="PartnerContent" data-o-ads-component="slot" ></div> </div> </div> </div> </div> </div>  <div class="css-grid__sidebar"> <div class="css-grid__sidebar-item"> <div class="recommended-stories--stream o-teaser-collection js-track-scroll-event" data-trackable="recommended-stories"> <h2 class="o-teaser-collection__heading o-teaser-collection__heading--full-width o-teaser-collection__heading--centre"> Recommended </h2> <div class="o-grid-row"> <div class="o-teaser-collection__item" data-o-grid-colspan="12 M4 L12"> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--stacked o-teaser--centered o-teaser--has-image js-teaser" data-id="56632685-5306-4d2e-b1b2-58b939207350"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/german-election" aria-label="Category: German election">German election</a></div><div class="o-teaser__heading"><a href="/content/56632685-5306-4d2e-b1b2-58b939207350" data-trackable="heading-link" class="js-teaser-heading-link">German election 2025: Who’s ahead in the polls?</a></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/56632685-5306-4d2e-b1b2-58b939207350" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img class="o-teaser__image" src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fe5191e43-d934-4d75-8140-b5104cd0aacf.jpg?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> <div class="o-teaser-collection__item" data-o-grid-colspan="12 M4 L12"> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--stacked o-teaser--centered o-teaser--has-image js-teaser" data-id="4351d5b0-0888-4b47-9368-6bc4dfbccbf5"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Explainer</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/war-in-ukraine" aria-label="Category: War in Ukraine">War in Ukraine</a></div><div class="o-teaser__heading"><a href="/content/4351d5b0-0888-4b47-9368-6bc4dfbccbf5" data-trackable="heading-link" class="js-teaser-heading-link">Tracking Ukraine’s battle against Russia in maps and charts</a></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/4351d5b0-0888-4b47-9368-6bc4dfbccbf5" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img class="o-teaser__image" src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8c5e353d-6223-463a-889a-cdb141fe6182.jpg?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> <div class="o-teaser-collection__item" data-o-grid-colspan="12 M4 L12"> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--stacked o-teaser--centered o-teaser--has-image js-teaser" data-id="42bbe534-8a0d-4ba8-9cc6-f84936d87196"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Explainer</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/israel-hamas-war" aria-label="Category: Israel-Hamas war">Israel-Hamas war</a></div><div class="o-teaser__heading"><a href="/content/42bbe534-8a0d-4ba8-9cc6-f84936d87196" data-trackable="heading-link" class="js-teaser-heading-link">The Israel-Hamas war — in maps and charts</a></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/42bbe534-8a0d-4ba8-9cc6-f84936d87196" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img class="o-teaser__image" src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F5ebe6e39-8f3d-410d-9025-f2a0b4dc0924.jpg?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> <div class="o-teaser-collection__item" data-o-grid-colspan="12 M4 L12"> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--stacked o-teaser--centered o-teaser--has-image js-teaser" data-id="088d3368-bb8b-4ff3-9df7-a7680d4d81b2"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/global-economy" aria-label="Category: Global Economy">Global Economy</a></div><div class="o-teaser__heading"><a href="/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2" data-trackable="heading-link" class="js-teaser-heading-link">Inflation and interest rates tracker: see how your country compares</a></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img class="o-teaser__image" src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7fc1abee-68bb-4242-b943-dd5ec6f4c0d9.jpg?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> </div> </div> </div> <div class="o-ads advert--sidebar advert--sidebar-mid " data-o-ads-name="mid-non-responsive-large" data-o-ads-targeting="pos=mid;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="false" data-o-ads-formats-medium="false" data-o-ads-formats-large="MediumRectangle,HalfPage,OneByOne,Responsive" data-o-ads-formats-extra="MediumRectangle,HalfPage,OneByOne,Responsive" aria-hidden="true"> </div> <div class="css-grid__sidebar-item"> <div class="js-track-scroll-event"> <div class="o-teaser-collection o-teaser-collection--numbered" data-trackable="most-popular"> <h2 class="o-teaser-collection__heading o-teaser-collection__heading--full-width"> Most Read </h2> <ol class="o-teaser-collection__items"> <li class="o-teaser-collection__item"> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="f2a37821-a373-4ee8-8491-1cb49460f17a"><div class="o-teaser__content"><div class="o-teaser__heading"><a href="/content/f2a37821-a373-4ee8-8491-1cb49460f17a" data-trackable="heading-link" class="js-teaser-heading-link">Trump picks Scott Bessent as Treasury secretary</a></div></div></div> </li> <li class="o-teaser-collection__item"> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="91865463-4b93-448c-95bb-8525ccb1016e"><div class="o-teaser__content"><div class="o-teaser__heading"><a href="/content/91865463-4b93-448c-95bb-8525ccb1016e" data-trackable="heading-link" class="js-teaser-heading-link">Brits retiring abroad could avoid UK inheritance tax under new loophole</a></div></div></div> </li> <li class="o-teaser-collection__item"> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="5ad291a2-b768-42d5-a606-a6d37eb700d4"><div class="o-teaser__content"><div class="o-teaser__heading"><a href="/content/5ad291a2-b768-42d5-a606-a6d37eb700d4" data-trackable="heading-link" class="js-teaser-heading-link">Trump nominates Bondi for US attorney-general after Gaetz drops out</a></div></div></div> </li> <li class="o-teaser-collection__item"> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="0684127a-61de-41f4-af39-d36e0a1ffc5d"><div class="o-teaser__content"><div class="o-teaser__heading"><a href="/content/0684127a-61de-41f4-af39-d36e0a1ffc5d" data-trackable="heading-link" class="js-teaser-heading-link">Gisèle Pelicot, the woman at the heart of a trial that has shocked France</a></div></div></div> </li> <li class="o-teaser-collection__item"> <div class="o-teaser o-teaser--article o-teaser--small js-teaser" data-id="b1a9516a-bef7-40e1-bc85-588247a1220c"><div class="o-teaser__content"><div class="o-teaser__heading"><a href="/content/b1a9516a-bef7-40e1-bc85-588247a1220c" data-trackable="heading-link" class="js-teaser-heading-link">‘Sigh of relief’: Wall Street welcomes Trump’s pick of Bessent for Treasury</a></div></div></div> </li> </ol> </div> </div> <div class="o-ads advert--mid-small-medium" data-o-ads-name="mid-small" 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="false" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> <aside data-o-grid-colspan="12" class="aside--community" data-trackable="aside-section"> <div class="o-teaser-community__header"> <div> <h2 class="o-teaser-community__heading"> <a data-trackable="aside-section-title" href="https://events.ft.com/events-list">Join us at an FT Live event</a> </h2> </div> <div class="aside--community__subsection-header"> <p class="aside--community__subsection-strapline">Discover unmissable flagship events and members only communities to expand your thinking and elevate your career</p> </div> </div> <div class="o-teaser-community__content"> <div class="event-teaser" data-trackable="event-teaser" data-trackable-context-content-id="b850853b-8863-488f-bffb-11e9e4d6c1f3" data-o-tracking-view="true"><div class="event-teaser__content-container"><div class="event-teaser__details"><a class="event-teaser__brand" href="https://businessbookwebinarfinal.live.ft.com/?segmentId=670a71df-8084-ecde-e790-63bb7341b637" data-trackable="event-teaser-brand-link">FT Live</a><div class="event-teaser__title-heading" role="heading" aria-level="4"><a class="event-teaser__title" data-trackable="event-teaser-title" href="https://businessbookwebinarfinal.live.ft.com/?segmentId=670a71df-8084-ecde-e790-63bb7341b637" title="The Pursuit of Better Growth">The Pursuit of Better Growth</a></div><span class="event-teaser__standfirst">Rethinking growth models for sustainability, inclusiveness and resilience</span></div><div class="event-teaser__footer"><span class="event-teaser__timestamp event-teaser__timestamp--start-date"><time datetime="2024-11-26T16:00:00.000Z">Tuesday, 26 November</time></span><span class="event-teaser__location">Digital Conference</span></div></div></div> <div class="event-teaser" data-trackable="event-teaser" data-trackable-context-content-id="2bbc8fb8-5d9c-4948-bc3e-9780e71a68e2" data-o-tracking-view="true"><div class="event-teaser__content-container"><div class="event-teaser__details"><a class="event-teaser__brand" href="https://revivinghongkongmarkets.live.ft.com/?segmentId=670a71df-8084-ecde-e790-63bb7341b637" data-trackable="event-teaser-brand-link">FT Live</a><div class="event-teaser__title-heading" role="heading" aria-level="4"><a class="event-teaser__title" data-trackable="event-teaser-title" href="https://revivinghongkongmarkets.live.ft.com/?segmentId=670a71df-8084-ecde-e790-63bb7341b637" title="Can Hong Kong Revive its Capital Markets?">Can Hong Kong Revive its Capital Markets?</a></div><span class="event-teaser__standfirst">Assessing capital flow dynamics and strategies for attracting listings</span></div><div class="event-teaser__footer"><span class="event-teaser__timestamp event-teaser__timestamp--start-date"><time datetime="2024-11-27T08:00:00.000Z">Wednesday, 27 November</time></span><span class="event-teaser__location">Digital Conference</span></div></div></div> <div class="event-teaser" data-trackable="event-teaser" data-trackable-context-content-id="b913ca3e-7583-436b-aa94-606a8607968e" data-o-tracking-view="true"><div class="event-teaser__content-container"><div class="event-teaser__details"><a class="event-teaser__brand" href="https://publicsectorai.live.ft.com/?segmentId=670a71df-8084-ecde-e790-63bb7341b637" data-trackable="event-teaser-brand-link">FT Live</a><div class="event-teaser__title-heading" role="heading" aria-level="4"><a class="event-teaser__title" data-trackable="event-teaser-title" href="https://publicsectorai.live.ft.com/?segmentId=670a71df-8084-ecde-e790-63bb7341b637" title="Maximising the Value of AI in the Public Sector">Maximising the Value of AI in the Public Sector</a></div><span class="event-teaser__standfirst">Leadership priorities for improving productivity and services</span></div><div class="event-teaser__footer"><span class="event-teaser__timestamp event-teaser__timestamp--start-date"><time datetime="2024-12-03T09:30:00.000Z">Tuesday, 3 December</time></span><span class="event-teaser__location">Digital Conference</span></div></div></div> </div> <div class="o-teaser-community__button-wrapper"> <a class="aside--community__community-button" data-trackable="aside-section--button" href="https://events.ft.com/events-list"> Explore all events </a> </div> </aside> <div class="css-grid__sidebar-item"> <div class="o-ads advert--sidebar advert--sidebar-mid1 advert--extra-padding" data-o-ads-name="mid1-non-responsive-large" data-o-ads-targeting="pos=mid1" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="false" data-o-ads-formats-medium="false" data-o-ads-formats-large="MediumRectangle,OneByOne,HalfPage,Responsive" data-o-ads-formats-extra="MediumRectangle,OneByOne,HalfPage,Responsive" aria-hidden="true"> </div> </div> </div>  <div class="css-grid__item-bottom"> <div class="js-track-scroll-event" id="stream" data-has-stream-list-title > <div data-trackable="stream" class="o-teaser-collection o-teaser-collection--stream"> <h2 class="o-teaser-collection__heading o-teaser-collection__heading--half-width" aria-label="More World (all genres)"> More World </h2> <ul class="o-teaser-collection__list js-stream-list" data-stream-list aria-busy="false"> <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="2024-11-23T18:26:16.661Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="bec322d1-0d73-4903-8b41-5e6d5d9a358a" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="bec322d1-0d73-4903-8b41-5e6d5d9a358a"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-politics-policy" aria-label="Category: US politics & policy">US politics & policy</a></div><div class="o-teaser__heading"><a href="/content/bec322d1-0d73-4903-8b41-5e6d5d9a358a" data-trackable="heading-link" class="js-teaser-heading-link">Covid lockdown sceptic is frontrunner to lead Trump health agency</a></div><p class="o-teaser__standfirst"><a href="/content/bec322d1-0d73-4903-8b41-5e6d5d9a358a" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Jay Bhattacharya at the NIH would be the latest ally of Robert F Kennedy Jr to take a role overseeing US healthcare</a></p><div class="o-teaser__timestamp o-teaser__timestamp--new"><span class="o-teaser__timestamp-prefix"> new </span><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2024-11-23T18:26:16+0000"></time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="bec322d1-0d73-4903-8b41-5e6d5d9a358a" data-myft-ui="saved" action="/myft/save/bec322d1-0d73-4903-8b41-5e6d5d9a358a" data-js-action="/__myft/api/core/saved/content/bec322d1-0d73-4903-8b41-5e6d5d9a358a?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 Covid lockdown sceptic is frontrunner to lead Trump health agency to myFT for later" aria-label="Save Covid lockdown sceptic is frontrunner to lead Trump health agency to myFT for later" data-alternate-label="Covid lockdown sceptic is frontrunner to lead Trump health agency is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="bec322d1-0d73-4903-8b41-5e6d5d9a358a" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/bec322d1-0d73-4903-8b41-5e6d5d9a358a" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img 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%2F678ba7f6-054b-4cad-be54-c12758ec9b97.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Shoppers in California wearing protective masks during the Covid pandemic"/></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="2024-11-23T16:06:18.684Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="31429c63-70ef-4213-9732-f05ef4422dae" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="31429c63-70ef-4213-9732-f05ef4422dae"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-politics-policy" aria-label="Category: US politics & policy">US politics & policy</a></div><div class="o-teaser__heading"><a href="/content/31429c63-70ef-4213-9732-f05ef4422dae" data-trackable="heading-link" class="js-teaser-heading-link">Biden aims to Trump-proof his legacy with policy blitz in final days</a></div><p class="o-teaser__standfirst"><a href="/content/31429c63-70ef-4213-9732-f05ef4422dae" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Outgoing president makes last push on Ukraine and seeks new judicial appointments and manufacturing subsidies</a></p><div class="o-teaser__timestamp o-teaser__timestamp--"><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2024-11-23T16:06:18+0000">2 hours ago</time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="31429c63-70ef-4213-9732-f05ef4422dae" data-myft-ui="saved" action="/myft/save/31429c63-70ef-4213-9732-f05ef4422dae" data-js-action="/__myft/api/core/saved/content/31429c63-70ef-4213-9732-f05ef4422dae?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 Biden aims to Trump-proof his legacy with policy blitz in final days to myFT for later" aria-label="Save Biden aims to Trump-proof his legacy with policy blitz in final days to myFT for later" data-alternate-label="Biden aims to Trump-proof his legacy with policy blitz in final days is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="31429c63-70ef-4213-9732-f05ef4422dae" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/31429c63-70ef-4213-9732-f05ef4422dae" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2882%;"><img 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%2Fb70124b7-0cf9-426b-a18e-53eff2f0a660.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Joe Biden speaks during an event to celebrate the Boston Celtics’ victory in the 2024 National Basketball Association Championship at the White House on Thursday"/></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="2024-11-23T15:56:10.749Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="1ef2a6ef-a623-484f-9879-8cb3c26f67fb" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="1ef2a6ef-a623-484f-9879-8cb3c26f67fb"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-politics-policy" aria-label="Category: US politics & policy">US politics & policy</a></div><div class="o-teaser__heading"><a href="/content/1ef2a6ef-a623-484f-9879-8cb3c26f67fb" data-trackable="heading-link" class="js-teaser-heading-link">Inside the bitter fight to become Donald Trump’s Treasury secretary</a></div><p class="o-teaser__standfirst"><a href="/content/1ef2a6ef-a623-484f-9879-8cb3c26f67fb" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Scott Bessent prevailed after a fierce battle for influence inside the president-elect’s court</a></p><div class="o-teaser__timestamp o-teaser__timestamp--"><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2024-11-23T15:56:10+0000">3 hours ago</time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="1ef2a6ef-a623-484f-9879-8cb3c26f67fb" data-myft-ui="saved" action="/myft/save/1ef2a6ef-a623-484f-9879-8cb3c26f67fb" data-js-action="/__myft/api/core/saved/content/1ef2a6ef-a623-484f-9879-8cb3c26f67fb?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 Inside the bitter fight to become Donald Trump’s Treasury secretary to myFT for later" aria-label="Save Inside the bitter fight to become Donald Trump’s Treasury secretary to myFT for later" data-alternate-label="Inside the bitter fight to become Donald Trump’s Treasury secretary is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="1ef2a6ef-a623-484f-9879-8cb3c26f67fb" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/1ef2a6ef-a623-484f-9879-8cb3c26f67fb" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img 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%2F6090134b-a0b3-4cba-b055-b12b96ca7775.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="2024-11-23T13:00:00.866Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="ca809d14-5fb1-4586-b1ae-bf8ccae7d300" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="ca809d14-5fb1-4586-b1ae-bf8ccae7d300"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/uk-banks" aria-label="Category: UK banks">UK banks</a></div><div class="o-teaser__heading"><a href="/content/ca809d14-5fb1-4586-b1ae-bf8ccae7d300" data-trackable="heading-link" class="js-teaser-heading-link">Ex-Barclays chief John Varley pulled back into fight to clear bank’s name</a></div><p class="o-teaser__standfirst"><a href="/content/ca809d14-5fb1-4586-b1ae-bf8ccae7d300" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Financial Conduct Authority fined lender £50mn over 2008 emergency fundraising</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="ca809d14-5fb1-4586-b1ae-bf8ccae7d300" data-myft-ui="saved" action="/myft/save/ca809d14-5fb1-4586-b1ae-bf8ccae7d300" data-js-action="/__myft/api/core/saved/content/ca809d14-5fb1-4586-b1ae-bf8ccae7d300?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 Ex-Barclays chief John Varley pulled back into fight to clear bank’s name to myFT for later" aria-label="Save Ex-Barclays chief John Varley pulled back into fight to clear bank’s name to myFT for later" data-alternate-label="Ex-Barclays chief John Varley pulled back into fight to clear bank’s name is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="ca809d14-5fb1-4586-b1ae-bf8ccae7d300" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/ca809d14-5fb1-4586-b1ae-bf8ccae7d300" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2636%;"><img 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%2F0eada235-300f-49ea-8c00-ca6c8221d37d.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="2024-11-23T13:00:00.858Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="97050b29-02bf-4a2c-8629-9d1c8509dc55" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="97050b29-02bf-4a2c-8629-9d1c8509dc55"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/media" aria-label="Category: Media">Media</a></div><div class="o-teaser__heading"><a href="/content/97050b29-02bf-4a2c-8629-9d1c8509dc55" data-trackable="heading-link" class="js-teaser-heading-link">Hollywood gives thanks for blockbusters after long lean period</a></div><p class="o-teaser__standfirst"><a href="/content/97050b29-02bf-4a2c-8629-9d1c8509dc55" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Studios bet ‘Wicked’, ‘Gladiator II’ and ‘Moana 2’ will kick off a strong holiday season at the box office</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="97050b29-02bf-4a2c-8629-9d1c8509dc55" data-myft-ui="saved" action="/myft/save/97050b29-02bf-4a2c-8629-9d1c8509dc55" data-js-action="/__myft/api/core/saved/content/97050b29-02bf-4a2c-8629-9d1c8509dc55?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 Hollywood gives thanks for blockbusters after long lean period to myFT for later" aria-label="Save Hollywood gives thanks for blockbusters after long lean period to myFT for later" data-alternate-label="Hollywood gives thanks for blockbusters after long lean period is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="97050b29-02bf-4a2c-8629-9d1c8509dc55" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/97050b29-02bf-4a2c-8629-9d1c8509dc55" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2587%;"><img 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%2F29c1816e-d991-4c80-9d54-95a530290993.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Ariana Grande as Glinda and Cynthia Erivo as Elphaba in the film Wicked"/></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=mid1;" 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="2024-11-23T13:00:00.849Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="cbc6cbb8-a91c-48b5-922e-ca5246956b2b"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/sovereign-debt" aria-label="Category: Sovereign debt">Sovereign debt</a></div><div class="o-teaser__heading"><a href="/content/cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-trackable="heading-link" class="js-teaser-heading-link">German bond investors bet on an end to Berlin’s ‘debt brake’ </a></div><p class="o-teaser__standfirst"><a href="/content/cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">A key indicator has fallen below zero for the first time as market braces for higher German borrowing</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-myft-ui="saved" action="/myft/save/cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-js-action="/__myft/api/core/saved/content/cbc6cbb8-a91c-48b5-922e-ca5246956b2b?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 German bond investors bet on an end to Berlin’s ‘debt brake’ to myFT for later" aria-label="Save German bond investors bet on an end to Berlin’s ‘debt brake’ to myFT for later" data-alternate-label="German bond investors bet on an end to Berlin’s ‘debt brake’ is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="cbc6cbb8-a91c-48b5-922e-ca5246956b2b" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img 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%2F452ebd5d-4f6f-4ad4-992a-c03d0024a001.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="The sun rises behind the buildings of the banking district in Frankfurt, Germany"/></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="2024-11-23T11:00:00.697Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="5f7f2df4-641a-4a93-9599-a223a191f6c7" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="5f7f2df4-641a-4a93-9599-a223a191f6c7"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/europe-express" aria-label="Category: Europe Express">Europe Express</a></div><div class="o-teaser__heading"><a href="/content/5f7f2df4-641a-4a93-9599-a223a191f6c7" data-trackable="heading-link" class="js-teaser-heading-link">Ukraine, the Balkans and the future of EU enlargement</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/5f7f2df4-641a-4a93-9599-a223a191f6c7" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Developments beyond as well as inside Europe threaten one of the bloc’s cornerstone projects</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5f7f2df4-641a-4a93-9599-a223a191f6c7" data-myft-ui="saved" action="/myft/save/5f7f2df4-641a-4a93-9599-a223a191f6c7" data-js-action="/__myft/api/core/saved/content/5f7f2df4-641a-4a93-9599-a223a191f6c7?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 Ukraine, the Balkans and the future of EU enlargement to myFT for later" aria-label="Save Ukraine, the Balkans and the future of EU enlargement to myFT for later" data-alternate-label="Ukraine, the Balkans and the future of EU enlargement is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="5f7f2df4-641a-4a93-9599-a223a191f6c7" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/5f7f2df4-641a-4a93-9599-a223a191f6c7" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2691%;"><img 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%2Fb415f565-453a-490e-b2f0-b37b08e8a9f3.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A mural in 2016 just ahead of Donald Trump’s first presidential term, picturing US president-elect and Russian President Vladimir Putin"/></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="2024-11-23T09:58:11.377Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="91865463-4b93-448c-95bb-8525ccb1016e" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="91865463-4b93-448c-95bb-8525ccb1016e"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/uk-tax" aria-label="Category: UK tax">UK tax</a></div><div class="o-teaser__heading"><a href="/content/91865463-4b93-448c-95bb-8525ccb1016e" data-trackable="heading-link" class="js-teaser-heading-link">Brits retiring abroad could avoid UK inheritance tax under new loophole</a></div><p class="o-teaser__standfirst"><a href="/content/91865463-4b93-448c-95bb-8525ccb1016e" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Budget measure allows anyone staying abroad for 10 years to avoid death duties on global wealth </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="91865463-4b93-448c-95bb-8525ccb1016e" data-myft-ui="saved" action="/myft/save/91865463-4b93-448c-95bb-8525ccb1016e" data-js-action="/__myft/api/core/saved/content/91865463-4b93-448c-95bb-8525ccb1016e?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 Brits retiring abroad could avoid UK inheritance tax under new loophole to myFT for later" aria-label="Save Brits retiring abroad could avoid UK inheritance tax under new loophole to myFT for later" data-alternate-label="Brits retiring abroad could avoid UK inheritance tax under new loophole is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="91865463-4b93-448c-95bb-8525ccb1016e" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/91865463-4b93-448c-95bb-8525ccb1016e" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2317%;"><img 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%2Fd5a9fdd0-008d-4295-a58e-645ffa62a105.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Elderly British tourists relaxing on the beach in Spain"/></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="2024-11-23T05:01:01.435Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="81bf4448-2ccb-49dc-b0de-b4fca6b333e9" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="81bf4448-2ccb-49dc-b0de-b4fca6b333e9"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/personal-finance" aria-label="Category: Personal Finance">Personal Finance</a></div><div class="o-teaser__heading"><a href="/content/81bf4448-2ccb-49dc-b0de-b4fca6b333e9" data-trackable="heading-link" class="js-teaser-heading-link">Your personal shopper . . . on the other side of the world</a></div><p class="o-teaser__standfirst"><a href="/content/81bf4448-2ccb-49dc-b0de-b4fca6b333e9" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Want an exclusive luxury handbag or the latest iPhone at a cheaper price? Send someone to buy it for you via an app </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="81bf4448-2ccb-49dc-b0de-b4fca6b333e9" data-myft-ui="saved" action="/myft/save/81bf4448-2ccb-49dc-b0de-b4fca6b333e9" data-js-action="/__myft/api/core/saved/content/81bf4448-2ccb-49dc-b0de-b4fca6b333e9?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 Your personal shopper . . . on the other side of the world to myFT for later" aria-label="Save Your personal shopper . . . on the other side of the world to myFT for later" data-alternate-label="Your personal shopper . . . on the other side of the world is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="81bf4448-2ccb-49dc-b0de-b4fca6b333e9" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/81bf4448-2ccb-49dc-b0de-b4fca6b333e9" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2645%;"><img 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%2F35d87317-43a8-4e5e-b369-5ece03b44f29.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Daria Rebenok at Grabr’s offices"/></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="2024-11-23T05:01:01.405Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="5f43c144-7779-4c6b-8fe0-d40fd0d537e3" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="5f43c144-7779-4c6b-8fe0-d40fd0d537e3"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">FT Globetrotter</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/content/c0e372bf-71f8-41d2-acb0-c3fb721d0f58" aria-label="Category: A winter in Miami special">A winter in Miami special</a></div><div class="o-teaser__heading"><a href="/content/5f43c144-7779-4c6b-8fe0-d40fd0d537e3" data-trackable="heading-link" class="js-teaser-heading-link">A local’s guide to Miami’s green spaces</a></div><p class="o-teaser__standfirst"><a href="/content/5f43c144-7779-4c6b-8fe0-d40fd0d537e3" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">The parks and gardens where the author heads to take in her hometown’s natural beauty</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5f43c144-7779-4c6b-8fe0-d40fd0d537e3" data-myft-ui="saved" action="/myft/save/5f43c144-7779-4c6b-8fe0-d40fd0d537e3" data-js-action="/__myft/api/core/saved/content/5f43c144-7779-4c6b-8fe0-d40fd0d537e3?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 A local’s guide to Miami’s green spaces to myFT for later" aria-label="Save A local’s guide to Miami’s green spaces to myFT for later" data-alternate-label="A local’s guide to Miami’s green spaces is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="5f43c144-7779-4c6b-8fe0-d40fd0d537e3" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/5f43c144-7779-4c6b-8fe0-d40fd0d537e3" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2448%;"><img 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%2F1e11ff1e-cb19-4f82-85f4-3257cc6fd1ce.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Bill Baggs Cape Florida State Park with trees and ocean view in Miami Florida. The Cape Florida Beach and historic Cape Florida Old Tower Lighthouse can be seen against blue sky."/></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="2024-11-23T05:01:01.404Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="3f8fffe7-bd2e-417b-ae8a-51497203d74b" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="3f8fffe7-bd2e-417b-ae8a-51497203d74b"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/financial-literacy" aria-label="Category: Financial literacy">Financial literacy</a></div><div class="o-teaser__heading"><a href="/content/3f8fffe7-bd2e-417b-ae8a-51497203d74b" data-trackable="heading-link" class="js-teaser-heading-link">What Generation Alpha wants to learn about money </a></div><p class="o-teaser__standfirst"><a href="/content/3f8fffe7-bd2e-417b-ae8a-51497203d74b" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">A sense of the challenges ahead mean primary and secondary schoolchildren are eager for financial literacy</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="3f8fffe7-bd2e-417b-ae8a-51497203d74b" data-myft-ui="saved" action="/myft/save/3f8fffe7-bd2e-417b-ae8a-51497203d74b" data-js-action="/__myft/api/core/saved/content/3f8fffe7-bd2e-417b-ae8a-51497203d74b?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 What Generation Alpha wants to learn about money to myFT for later" aria-label="Save What Generation Alpha wants to learn about money to myFT for later" data-alternate-label="What Generation Alpha wants to learn about money is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="3f8fffe7-bd2e-417b-ae8a-51497203d74b" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/3f8fffe7-bd2e-417b-ae8a-51497203d74b" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img 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%2F6b978a92-4230-489a-9607-c7ba6848b52b.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Michelle Sheridan with 10-year-old son Sawyer at the GoHenry round table event"/></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="2024-11-23T05:01:01.214Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="ac17ef21-7a9d-4366-9b9e-343489785f9b" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="ac17ef21-7a9d-4366-9b9e-343489785f9b"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/corporate-person-in-the-news" aria-label="Category: Corporate Person in the News">Corporate Person in the News</a></div><div class="o-teaser__heading"><a href="/content/ac17ef21-7a9d-4366-9b9e-343489785f9b" data-trackable="heading-link" class="js-teaser-heading-link">Samsung’s princeling heir Lee Jae-yong grapples with corporate crisis</a></div><p class="o-teaser__standfirst"><a href="/content/ac17ef21-7a9d-4366-9b9e-343489785f9b" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Chip woes and labour unrest test the mettle of third-generation leader of South Korea’s most valuable company </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="ac17ef21-7a9d-4366-9b9e-343489785f9b" data-myft-ui="saved" action="/myft/save/ac17ef21-7a9d-4366-9b9e-343489785f9b" data-js-action="/__myft/api/core/saved/content/ac17ef21-7a9d-4366-9b9e-343489785f9b?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 Samsung’s princeling heir Lee Jae-yong grapples with corporate crisis to myFT for later" aria-label="Save Samsung’s princeling heir Lee Jae-yong grapples with corporate crisis to myFT for later" data-alternate-label="Samsung’s princeling heir Lee Jae-yong grapples with corporate crisis is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="ac17ef21-7a9d-4366-9b9e-343489785f9b" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/ac17ef21-7a9d-4366-9b9e-343489785f9b" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img 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%2F0c107617-417e-476c-9096-9e62b40c4391.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A photo of Lee smiling"/></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="2024-11-23T05:01:01.090Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="5d1d1137-c0ae-476e-941e-6811d59cea28" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="5d1d1137-c0ae-476e-941e-6811d59cea28"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/jo-ellison" aria-label="Category: Jo Ellison">Jo Ellison</a></div><div class="o-teaser__heading"><a href="/content/5d1d1137-c0ae-476e-941e-6811d59cea28" data-trackable="heading-link" class="js-teaser-heading-link">Confessions of a farmer’s daughter</a></div><p class="o-teaser__standfirst"><a href="/content/5d1d1137-c0ae-476e-941e-6811d59cea28" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">I know the benefits of agricultural relief</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5d1d1137-c0ae-476e-941e-6811d59cea28" data-myft-ui="saved" action="/myft/save/5d1d1137-c0ae-476e-941e-6811d59cea28" data-js-action="/__myft/api/core/saved/content/5d1d1137-c0ae-476e-941e-6811d59cea28?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 Confessions of a farmer’s daughter to myFT for later" aria-label="Save Confessions of a farmer’s daughter to myFT for later" data-alternate-label="Confessions of a farmer’s daughter is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="5d1d1137-c0ae-476e-941e-6811d59cea28" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/5d1d1137-c0ae-476e-941e-6811d59cea28" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img 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%2Fea2f2bae-72e0-46b2-9c99-7d51b9bc7b9f.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A group of people with a love British farming sign stand in front of a yellow tractor"/></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="2024-11-23T05:01:01.088Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="0684127a-61de-41f4-af39-d36e0a1ffc5d" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="0684127a-61de-41f4-af39-d36e0a1ffc5d"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/columnists/person-in-the-news" aria-label="Category: Person in the News">Person in the News</a></div><div class="o-teaser__heading"><a href="/content/0684127a-61de-41f4-af39-d36e0a1ffc5d" data-trackable="heading-link" class="js-teaser-heading-link">Gisèle Pelicot, the woman at the heart of a trial that has shocked France</a></div><p class="o-teaser__standfirst"><a href="/content/0684127a-61de-41f4-af39-d36e0a1ffc5d" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">She has shown extraordinary strength as a court hears how she was drugged by her husband and raped by strangers </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="0684127a-61de-41f4-af39-d36e0a1ffc5d" data-myft-ui="saved" action="/myft/save/0684127a-61de-41f4-af39-d36e0a1ffc5d" data-js-action="/__myft/api/core/saved/content/0684127a-61de-41f4-af39-d36e0a1ffc5d?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 Gisèle Pelicot, the woman at the heart of a trial that has shocked France to myFT for later" aria-label="Save Gisèle Pelicot, the woman at the heart of a trial that has shocked France to myFT for later" data-alternate-label="Gisèle Pelicot, the woman at the heart of a trial that has shocked France is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="0684127a-61de-41f4-af39-d36e0a1ffc5d" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/0684127a-61de-41f4-af39-d36e0a1ffc5d" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2375%;"><img 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%2F4e8afdd2-8966-4c10-b2e2-536ed5755a36.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Joe Cummings illustration of Person in the News Gisèle Pelicot"/></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="2024-11-23T05:01:01.068Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="28e21258-2067-4c4b-bc2d-0645336530fa" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="28e21258-2067-4c4b-bc2d-0645336530fa"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Review</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/arts" aria-label="Category: Arts">Arts</a></div><div class="o-teaser__heading"><a href="/content/28e21258-2067-4c4b-bc2d-0645336530fa" data-trackable="heading-link" class="js-teaser-heading-link">The Great Mughals at the V&A — art, opulence and military power</a></div><p class="o-teaser__standfirst"><a href="/content/28e21258-2067-4c4b-bc2d-0645336530fa" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">The 400-year-old treasures of India’s one-time rulers are still startlingly magnificent</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="28e21258-2067-4c4b-bc2d-0645336530fa" data-myft-ui="saved" action="/myft/save/28e21258-2067-4c4b-bc2d-0645336530fa" data-js-action="/__myft/api/core/saved/content/28e21258-2067-4c4b-bc2d-0645336530fa?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 The Great Mughals at the V&A — art, opulence and military power to myFT for later" aria-label="Save The Great Mughals at the V&A — art, opulence and military power to myFT for later" data-alternate-label="The Great Mughals at the V&A — art, opulence and military power is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="28e21258-2067-4c4b-bc2d-0645336530fa" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/28e21258-2067-4c4b-bc2d-0645336530fa" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2174%;"><img 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%2F023a03b5-90e5-469f-82be-35457d7ab6f3.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="2024-11-23T05:01:01.062Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8292727b-48a9-489a-8b69-443271ba3957" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="8292727b-48a9-489a-8b69-443271ba3957"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/david-pilling" aria-label="Category: David Pilling">David Pilling</a></div><div class="o-teaser__heading"><a href="/content/8292727b-48a9-489a-8b69-443271ba3957" data-trackable="heading-link" class="js-teaser-heading-link">Do they know it’s Africa, at all?</a></div><p class="o-teaser__standfirst"><a href="/content/8292727b-48a9-489a-8b69-443271ba3957" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Ed Sheeran is right — the Christmas classic is painfully out of step with reality, much to the detriment of the continent </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="8292727b-48a9-489a-8b69-443271ba3957" data-myft-ui="saved" action="/myft/save/8292727b-48a9-489a-8b69-443271ba3957" data-js-action="/__myft/api/core/saved/content/8292727b-48a9-489a-8b69-443271ba3957?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 Do they know it’s Africa, at all? to myFT for later" aria-label="Save Do they know it’s Africa, at all? to myFT for later" data-alternate-label="Do they know it’s Africa, at all? is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="8292727b-48a9-489a-8b69-443271ba3957" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/8292727b-48a9-489a-8b69-443271ba3957" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img 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%2F9521d2d7-0b9a-4bde-83d0-65e863ee3695.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Montage of images with a black and white image of Ed Sheeran playing guitar against a background of a red map of Africa"/></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="2024-11-23T05:01:00.995Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="82f41182-0344-4e17-86ef-a2e61e689edf" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="82f41182-0344-4e17-86ef-a2e61e689edf"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/4b631379-c9bd-4f6a-ab52-443a9446bc3e" aria-label="Category: Petroleos de Venezuela SA">Petroleos de Venezuela SA</a></div><div class="o-teaser__heading"><a href="/content/82f41182-0344-4e17-86ef-a2e61e689edf" data-trackable="heading-link" class="js-teaser-heading-link">Italian trader played polo against Prince William while under US sanctions</a></div><p class="o-teaser__standfirst"><a href="/content/82f41182-0344-4e17-86ef-a2e61e689edf" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Treasury described Alessandro Bazzoni as a ‘core facilitator’ of network involved in buying and selling Venezuelan oil </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="82f41182-0344-4e17-86ef-a2e61e689edf" data-myft-ui="saved" action="/myft/save/82f41182-0344-4e17-86ef-a2e61e689edf" data-js-action="/__myft/api/core/saved/content/82f41182-0344-4e17-86ef-a2e61e689edf?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 Italian trader played polo against Prince William while under US sanctions to myFT for later" aria-label="Save Italian trader played polo against Prince William while under US sanctions to myFT for later" data-alternate-label="Italian trader played polo against Prince William while under US sanctions is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="82f41182-0344-4e17-86ef-a2e61e689edf" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/82f41182-0344-4e17-86ef-a2e61e689edf" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2391%;"><img 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%2F98a69087-bc6b-4c0b-a38e-440578c698bb.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Alassandro Bazzoni playing for the Monterosso polo team in 2021 after being driven on to the polo pitch for the Talacrest Prince of Wales’s Championship Cup Final in a Ferrari"/></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="2024-11-23T05:00:26.498Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="676200d9-2f8b-496b-8bcb-3c55bf7b795d" data-stream-item> <div class="o-teaser o-teaser--audio o-teaser--small o-teaser--has-image js-teaser" data-id="676200d9-2f8b-496b-8bcb-3c55bf7b795d"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/ft-news-briefing" aria-label="Category: FT News Briefing podcast">FT News Briefing podcast</a><span class="o-teaser__tag-suffix">19 min listen</span></div><div class="o-teaser__heading"><a href="/content/676200d9-2f8b-496b-8bcb-3c55bf7b795d" data-trackable="heading-link" class="js-teaser-heading-link" aria-label="Listen to podcast Swamp Notes: Anthony Scaramucci unpacks Trump’s cabinet">Swamp Notes: Anthony Scaramucci unpacks Trump’s cabinet</a></div><p class="o-teaser__standfirst"><a href="/content/676200d9-2f8b-496b-8bcb-3c55bf7b795d" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Donald Trump’s cabinet nominees have raised eyebrows in Congress. Will they raise objections? </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="676200d9-2f8b-496b-8bcb-3c55bf7b795d" data-myft-ui="saved" action="/myft/save/676200d9-2f8b-496b-8bcb-3c55bf7b795d" data-js-action="/__myft/api/core/saved/content/676200d9-2f8b-496b-8bcb-3c55bf7b795d?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 Swamp Notes: Anthony Scaramucci unpacks Trump’s cabinet to myFT for later" aria-label="Save Swamp Notes: Anthony Scaramucci unpacks Trump’s cabinet to myFT for later" data-alternate-label="Swamp Notes: Anthony Scaramucci unpacks Trump’s cabinet is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="676200d9-2f8b-496b-8bcb-3c55bf7b795d" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/676200d9-2f8b-496b-8bcb-3c55bf7b795d" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img 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%2Fuploaded-files%2Fft-news-briefing-2e004171-2412-45a7-969b-31ddb3890ac8.png?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="2024-11-23T04:00:59.977Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="84110adc-5087-4921-ad08-49baba331fbe" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="84110adc-5087-4921-ad08-49baba331fbe"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/global-economy" aria-label="Category: Global Economy">Global Economy</a></div><div class="o-teaser__heading"><a href="/content/84110adc-5087-4921-ad08-49baba331fbe" data-trackable="heading-link" class="js-teaser-heading-link">Strong dollar set to hit emerging market bonds, warn investors</a></div><p class="o-teaser__standfirst"><a href="/content/84110adc-5087-4921-ad08-49baba331fbe" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">EM debt funds suffer outflows as hopes of rate cuts by developing nations fade</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="84110adc-5087-4921-ad08-49baba331fbe" data-myft-ui="saved" action="/myft/save/84110adc-5087-4921-ad08-49baba331fbe" data-js-action="/__myft/api/core/saved/content/84110adc-5087-4921-ad08-49baba331fbe?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 Strong dollar set to hit emerging market bonds, warn investors to myFT for later" aria-label="Save Strong dollar set to hit emerging market bonds, warn investors to myFT for later" data-alternate-label="Strong dollar set to hit emerging market bonds, warn investors is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="84110adc-5087-4921-ad08-49baba331fbe" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/84110adc-5087-4921-ad08-49baba331fbe" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img 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%2Fc9064079-6b94-42c2-85bd-87d0f3b762e4.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Workers exit the Central Bank of Brazil headquarters in Brasilia,"/></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="2024-11-22T21:24:49.712Z">Friday, 22 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="b9f86669-9703-427d-8b9c-a00328ec58a6" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="b9f86669-9703-427d-8b9c-a00328ec58a6"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-economy" aria-label="Category: US economy">US economy</a></div><div class="o-teaser__heading"><a href="/content/b9f86669-9703-427d-8b9c-a00328ec58a6" data-trackable="heading-link" class="js-teaser-heading-link">Leveraged hedge funds magnified August market sell-off, Fed says</a></div><p class="o-teaser__standfirst"><a href="/content/b9f86669-9703-427d-8b9c-a00328ec58a6" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">US central bank report pins blame for trading volatility partly on investors that had taken on too much debt </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="b9f86669-9703-427d-8b9c-a00328ec58a6" data-myft-ui="saved" action="/myft/save/b9f86669-9703-427d-8b9c-a00328ec58a6" data-js-action="/__myft/api/core/saved/content/b9f86669-9703-427d-8b9c-a00328ec58a6?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 Leveraged hedge funds magnified August market sell-off, Fed says to myFT for later" aria-label="Save Leveraged hedge funds magnified August market sell-off, Fed says to myFT for later" data-alternate-label="Leveraged hedge funds magnified August market sell-off, Fed says is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="b9f86669-9703-427d-8b9c-a00328ec58a6" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/b9f86669-9703-427d-8b9c-a00328ec58a6" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2254%;"><img 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%2F78508046-5098-46b3-a46e-dab5c85d222a.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Pedestrians walk along Wall Street near the New York Stock Exchange"/></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="2024-11-22T21:21:17.592Z">Friday, 22 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="0179adf7-e22e-4969-8143-986517b669d4" data-stream-item> <div class="o-teaser o-teaser--live-blog-package o-teaser--small o-teaser--has-image js-teaser" data-id="0179adf7-e22e-4969-8143-986517b669d4"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/abeb92f6-ab88-4226-89a0-c3dd254a5266" aria-label="Category: Breaking news in brief">Breaking news in brief</a></div><div class="o-teaser__heading"><a href="/content/0179adf7-e22e-4969-8143-986517b669d4" data-trackable="heading-link" class="js-teaser-heading-link">News updates from November 22: Trump expected to pick Bessent as Treasury secretary; UK business activity slumps to 13-month low</a></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="0179adf7-e22e-4969-8143-986517b669d4" data-myft-ui="saved" action="/myft/save/0179adf7-e22e-4969-8143-986517b669d4" data-js-action="/__myft/api/core/saved/content/0179adf7-e22e-4969-8143-986517b669d4?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 News updates from November 22: Trump expected to pick Bessent as Treasury secretary; UK business activity slumps to 13-month low to myFT for later" aria-label="Save News updates from November 22: Trump expected to pick Bessent as Treasury secretary; UK business activity slumps to 13-month low to myFT for later" data-alternate-label="News updates from November 22: Trump expected to pick Bessent as Treasury secretary; UK business activity slumps to 13-month low is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="0179adf7-e22e-4969-8143-986517b669d4" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/0179adf7-e22e-4969-8143-986517b669d4" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2254%;"><img 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%2F988d880c-8609-454c-b3a7-99fa8f59f15f.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="2024-11-22T21:00:59.458Z">Friday, 22 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="60ef7e50-4a26-46d1-9e95-13d31841880c" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="60ef7e50-4a26-46d1-9e95-13d31841880c"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/global-trade" aria-label="Category: Global trade">Global trade</a></div><div class="o-teaser__heading"><a href="/content/60ef7e50-4a26-46d1-9e95-13d31841880c" data-trackable="heading-link" class="js-teaser-heading-link">Italian cheesemakers stockpile in US over fear of Trump tariffs </a></div><p class="o-teaser__standfirst"><a href="/content/60ef7e50-4a26-46d1-9e95-13d31841880c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Exporters of dairy and olive oil made in Italy face shipping and storage crunch in run-up to Christmas</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="60ef7e50-4a26-46d1-9e95-13d31841880c" data-myft-ui="saved" action="/myft/save/60ef7e50-4a26-46d1-9e95-13d31841880c" data-js-action="/__myft/api/core/saved/content/60ef7e50-4a26-46d1-9e95-13d31841880c?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 Italian cheesemakers stockpile in US over fear of Trump tariffs to myFT for later" aria-label="Save Italian cheesemakers stockpile in US over fear of Trump tariffs to myFT for later" data-alternate-label="Italian cheesemakers stockpile in US over fear of Trump tariffs is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="60ef7e50-4a26-46d1-9e95-13d31841880c" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/60ef7e50-4a26-46d1-9e95-13d31841880c" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img 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%2F00ce6dae-7b0b-4f3e-bc76-10e6c26a3a7f.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Workers use a little hammer to check the quality of the Parmigiano Reggiano cheese"/></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="2024-11-22T20:56:04.113Z">Friday, 22 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="58b7e26e-5af6-4cef-8999-a520090bebd4" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="58b7e26e-5af6-4cef-8999-a520090bebd4"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/a75b8d19-270c-444d-b033-d1a72719e006" aria-label="Category: Revolut Ltd">Revolut Ltd</a></div><div class="o-teaser__heading"><a href="/content/58b7e26e-5af6-4cef-8999-a520090bebd4" data-trackable="heading-link" class="js-teaser-heading-link">Early Revolut investors cash out at least $300mn in share sale</a></div><p class="o-teaser__standfirst"><a href="/content/58b7e26e-5af6-4cef-8999-a520090bebd4" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Buyers of UK fintech’s stock include wealthy Goldman Sachs clients</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="58b7e26e-5af6-4cef-8999-a520090bebd4" data-myft-ui="saved" action="/myft/save/58b7e26e-5af6-4cef-8999-a520090bebd4" data-js-action="/__myft/api/core/saved/content/58b7e26e-5af6-4cef-8999-a520090bebd4?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 Early Revolut investors cash out at least $300mn in share sale to myFT for later" aria-label="Save Early Revolut investors cash out at least $300mn in share sale to myFT for later" data-alternate-label="Early Revolut investors cash out at least $300mn in share sale is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="58b7e26e-5af6-4cef-8999-a520090bebd4" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/58b7e26e-5af6-4cef-8999-a520090bebd4" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2254%;"><img 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%2Fd4131a04-8dc4-4edc-861b-66f01aaf9463.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="The Revolut logo on a smartphone"/></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="2024-11-22T20:51:28.472Z">Friday, 22 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="39f460fd-c1d1-409a-91ec-df28df52a00a" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="39f460fd-c1d1-409a-91ec-df28df52a00a"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/tax" aria-label="Category: Tax">Tax</a></div><div class="o-teaser__heading"><a href="/content/39f460fd-c1d1-409a-91ec-df28df52a00a" data-trackable="heading-link" class="js-teaser-heading-link">UK ministers accused of £2.7bn ‘backdoor hike’ in business rates </a></div><p class="o-teaser__standfirst"><a href="/content/39f460fd-c1d1-409a-91ec-df28df52a00a" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Chancellor will taper relief for thousands of shops, pubs and restaurants over next two years </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="39f460fd-c1d1-409a-91ec-df28df52a00a" data-myft-ui="saved" action="/myft/save/39f460fd-c1d1-409a-91ec-df28df52a00a" data-js-action="/__myft/api/core/saved/content/39f460fd-c1d1-409a-91ec-df28df52a00a?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 UK ministers accused of £2.7bn ‘backdoor hike’ in business rates to myFT for later" aria-label="Save UK ministers accused of £2.7bn ‘backdoor hike’ in business rates to myFT for later" data-alternate-label="UK ministers accused of £2.7bn ‘backdoor hike’ in business rates is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="39f460fd-c1d1-409a-91ec-df28df52a00a" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/39f460fd-c1d1-409a-91ec-df28df52a00a" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img 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%2F451f4526-9ef5-43f0-a5b2-3ac2c2bc1e10.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Shoppers pass a cafe in Cambridge, UK"/></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="2024-11-22T18:20:49.105Z">Friday, 22 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="b2777c36-8046-417a-9951-e21cda3e0afe" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="b2777c36-8046-417a-9951-e21cda3e0afe"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/41727574-fcd8-429b-b16d-b29026414025" aria-label="Category: University of Oxford">University of Oxford</a></div><div class="o-teaser__heading"><a href="/content/b2777c36-8046-417a-9951-e21cda3e0afe" data-trackable="heading-link" class="js-teaser-heading-link">Mandelson email to voters in Oxford chancellor contest draws criticism </a></div><p class="o-teaser__standfirst"><a href="/content/b2777c36-8046-417a-9951-e21cda3e0afe" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Candidates say lack of ‘hard and fast’ rules has led to confusion and poor turnout </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="b2777c36-8046-417a-9951-e21cda3e0afe" data-myft-ui="saved" action="/myft/save/b2777c36-8046-417a-9951-e21cda3e0afe" data-js-action="/__myft/api/core/saved/content/b2777c36-8046-417a-9951-e21cda3e0afe?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 Mandelson email to voters in Oxford chancellor contest draws criticism to myFT for later" aria-label="Save Mandelson email to voters in Oxford chancellor contest draws criticism to myFT for later" data-alternate-label="Mandelson email to voters in Oxford chancellor contest draws criticism is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="b2777c36-8046-417a-9951-e21cda3e0afe" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/b2777c36-8046-417a-9951-e21cda3e0afe" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img 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%2Fdc88ffa8-c61b-4e79-9059-fc594172d213.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="An aerial view of Oxford city centre with university colleges"/></div></a></div></div> </div> </div> </li> </ul> </div> <div data-stream-additions aria-live="polite" aria-relevant="additions" class="stream__a11y o-normalise-visually-hidden"> </div> <div data-pagination role="navigation" aria-label="Pagination" class="stream__pagination o-buttons-pagination"> <a data-pagination-previous data-trackable="previous-page" disabled class="o-buttons o-buttons--secondary o-buttons-icon o-buttons-icon--arrow-left o-buttons-icon--icon-only"> <span class="o-buttons-icon__label">Previous page</span> </a> <span class="stream__pagination-label"> You are on page <strong data-pagination-page>1</strong> </span> <a data-pagination-next data-trackable="next-page" href="?page=2" class="o-buttons o-buttons--secondary o-buttons-icon o-buttons-icon--arrow-right o-buttons-icon--icon-only"> <span class="o-buttons-icon__label">Next page</span> </a> </div> </div> </div> </div> </div> </div> </div> </div></div></div><div class="n-layout__row n-layout__row--footer"><footer id="site-footer" class="o-footer o-footer--theme-dark" data-o-component="o-footer"><div class="o-footer__container"><div class="o-footer__row"><h2 class="o-normalise-visually-hidden">Useful links</h2><nav class="o-footer__matrix" role="navigation" aria-label="Useful links"><div class="o-footer__matrix-group o-footer__matrix-group--1"><h3 class="o-footer__matrix-title" aria-controls="o-footer-section-0">Support</h3><div class="o-footer__matrix-content" id="o-footer-section-0"><div class="o-footer__matrix-column"><a class="o-footer__matrix-link" href="/tour" data-trackable="View Site Tips"><span class="o-footer__matrix-link__copy">View Site Tips</span></a><a class="o-footer__matrix-link" href="https://help.ft.com" data-trackable="Help Centre"><span class="o-footer__matrix-link__copy">Help Centre</span></a><a class="o-footer__matrix-link" href="https://aboutus.ft.com/contact-us" data-trackable="Contact Us"><span class="o-footer__matrix-link__copy">Contact Us</span></a><a class="o-footer__matrix-link" href="https://www.ft.com/aboutus" data-trackable="About Us"><span class="o-footer__matrix-link__copy">About Us</span></a><a class="o-footer__matrix-link" href="/accessibility" data-trackable="Accessibility"><span class="o-footer__matrix-link__copy">Accessibility</span></a><a class="o-footer__matrix-link" href="/tour/myft" data-trackable="myFT Tour"><span class="o-footer__matrix-link__copy">myFT Tour</span></a><a class="o-footer__matrix-link" href="https://aboutus.ft.com/en-gb/careers/" data-trackable="Careers"><span class="o-footer__matrix-link__copy">Careers</span></a><a class="o-footer__matrix-link" href="https://aboutus.ft.com/suppliers" data-trackable="Suppliers"><span class="o-footer__matrix-link__copy">Suppliers</span></a></div></div></div><div class="o-footer__matrix-group o-footer__matrix-group--1"><h3 class="o-footer__matrix-title" aria-controls="o-footer-section-1">Legal & Privacy</h3><div class="o-footer__matrix-content" id="o-footer-section-1"><div class="o-footer__matrix-column"><a class="o-footer__matrix-link" href="https://help.ft.com/help/legal-privacy/terms-conditions/" data-trackable="Terms & Conditions"><span class="o-footer__matrix-link__copy">Terms & Conditions</span></a><a class="o-footer__matrix-link" href="https://help.ft.com/help/legal-privacy/privacy/" data-trackable="Privacy Policy"><span class="o-footer__matrix-link__copy">Privacy Policy</span></a><a class="o-footer__matrix-link" href="https://help.ft.com/help/legal-privacy/cookies/" data-trackable="Cookie Policy"><span class="o-footer__matrix-link__copy">Cookie Policy</span></a><a class="o-footer__matrix-link" href="https://www.ft.com/preferences/manage-cookies" data-trackable="Manage Cookies"><span class="o-footer__matrix-link__copy">Manage Cookies</span></a><a class="o-footer__matrix-link" href="https://help.ft.com/help/legal-privacy/copyright/copyright-policy/" data-trackable="Copyright"><span class="o-footer__matrix-link__copy">Copyright</span></a><a class="o-footer__matrix-link" href="https://help.ft.com/help/legal/slavery-statement/" data-trackable="Slavery Statement & Policies"><span class="o-footer__matrix-link__copy">Slavery Statement & Policies</span></a></div></div></div><div class="o-footer__matrix-group o-footer__matrix-group--1"><h3 class="o-footer__matrix-title" aria-controls="o-footer-section-2">Services</h3><div class="o-footer__matrix-content" id="o-footer-section-2"><div class="o-footer__matrix-column"><a class="o-footer__matrix-link" href="/securedrop" data-trackable="Share News Tips Securely" data-o-tracking-do-not-track="true"><span class="o-footer__matrix-link__copy">Share News Tips Securely</span></a><a class="o-footer__matrix-link" href="https://www.ft.com/products" data-trackable="Individual Subscriptions"><span class="o-footer__matrix-link__copy">Individual Subscriptions</span></a><a class="o-footer__matrix-link" href="https://professional.ft.com/en-gb/services/professional-subscriptions?segmentId=383c7f[…]4-b62d-cb33-4c278e6fdf61&cpccampaign=B2B_link_ft.com_footer" data-trackable="Professional Subscriptions"><span class="o-footer__matrix-link__copy">Professional Subscriptions</span></a><a class="o-footer__matrix-link" href="https://professional.ft.com/en-gb/services/republishing/" data-trackable="Republishing"><span class="o-footer__matrix-link__copy">Republishing</span></a><a class="o-footer__matrix-link" href="https://www.exec-appointments.com/" data-trackable="Executive Job Search"><span class="o-footer__matrix-link__copy">Executive Job Search</span></a><a class="o-footer__matrix-link" href="https://commercial.ft.com/" data-trackable="Advertise with the FT"><span class="o-footer__matrix-link__copy">Advertise with the FT</span></a><a class="o-footer__matrix-link" href="https://twitter.com/ft" data-trackable="Follow the FT on X"><span class="o-footer__matrix-link__copy">Follow the FT on X</span></a><a class="o-footer__matrix-link" href="https://channels.ft.com/" data-trackable="FT Channels"><span class="o-footer__matrix-link__copy">FT Channels</span></a><a class="o-footer__matrix-link" href="https://enterprise.ft.com/en-gb/services/group-subscriptions/secondary-education/" data-trackable="FT Schools"><span class="o-footer__matrix-link__copy">FT Schools</span></a></div></div></div><div class="o-footer__matrix-group o-footer__matrix-group--1"><h3 class="o-footer__matrix-title" aria-controls="o-footer-section-3">Tools</h3><div class="o-footer__matrix-content" id="o-footer-section-3"><div class="o-footer__matrix-column"><a class="o-footer__matrix-link" href="https://markets.ft.com/data/portfolio/dashboard" data-trackable="Portfolio"><span class="o-footer__matrix-link__copy">Portfolio</span></a><a class="o-footer__matrix-link" href="https://applink.ft.com/A6lV/2khsqyrh" data-trackable="FT App"><span class="o-footer__matrix-link__copy">FT App</span></a><a class="o-footer__matrix-link" href="https://www.ft.com/todaysnewspaper" data-trackable="FT Digital Edition"><span class="o-footer__matrix-link__copy">FT Digital Edition</span></a><a class="o-footer__matrix-link" href="https://ftedit.ft.com/Ju3k/pqkac2ds" data-trackable="FT Edit"><span class="o-footer__matrix-link__copy">FT Edit</span></a><a class="o-footer__matrix-link" href="https://markets.ft.com/data/alerts/" data-trackable="Alerts Hub"><span class="o-footer__matrix-link__copy">Alerts Hub</span></a><a class="o-footer__matrix-link" href="https://rankings.ft.com/business-education" data-trackable="Business School Rankings"><span class="o-footer__matrix-link__copy">Business School Rankings</span></a><a class="o-footer__matrix-link" href="https://subscription-manager.ft.com/" data-trackable="Subscription Manager"><span class="o-footer__matrix-link__copy">Subscription Manager</span></a><a class="o-footer__matrix-link" href="/news-feed" data-trackable="News feed"><span class="o-footer__matrix-link__copy">News feed</span></a><a class="o-footer__matrix-link" href="/newsletters" data-trackable="Newsletters"><span class="o-footer__matrix-link__copy">Newsletters</span></a><a class="o-footer__matrix-link" href="https://markets.ft.com/data/currencies" data-trackable="Currency Converter"><span class="o-footer__matrix-link__copy">Currency Converter</span></a></div></div></div><div class="o-footer__matrix-group o-footer__matrix-group--1"><h3 class="o-footer__matrix-title" aria-controls="o-footer-section-4">Community & Events</h3><div class="o-footer__matrix-content" id="o-footer-section-4"><div class="o-footer__matrix-column"><a class="o-footer__matrix-link" href="https://events.ft.com/events-list" data-trackable="FT Live Events"><span class="o-footer__matrix-link__copy">FT Live Events</span></a><a class="o-footer__matrix-link" href="https://forums.ft.com/" data-trackable="FT Forums"><span class="o-footer__matrix-link__copy">FT Forums</span></a><a class="o-footer__matrix-link" href="https://bdp.ft.com/" data-trackable="Board Director Programme"><span class="o-footer__matrix-link__copy">Board Director Programme</span></a></div></div></div><div class="o-footer__matrix-group o-footer__matrix-group--1"><h3 class="o-footer__matrix-title o-footer__matrix-title--link"><a class="o-footer__matrix-link o-footer__matrix-link--more" id="o-footer-5" href="https://ft.com/more-from-ft-group"><span class="o-footer__matrix-link__copy">More from the FT Group</span></a></h3></div></nav></div><div class="o-footer__copyright"><small>Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2024. <abbr title="Financial Times" aria-label="F T">FT</abbr> and ‘Financial Times’ are trademarks of The Financial Times Ltd.<br/>The Financial Times and its journalism are subject to a self-regulation regime under the <a href="https://aboutus.ft.com/en-gb/ft-editorial-code/" aria-label="F T Editorial Code of Practice">FT Editorial Code of Practice</a>.</small></div></div><div class="o-footer__brand"><div class="o-footer__container"><div class="o-footer__brand-logo"></div></div></div></footer><div class="n-layout__footer-after"><script data-pixel-src="https://spoor-api.ft.com/px.gif?data=%7B%22category%22%3A%22page%22%2C%22action%22%3A%22view%22%2C%22system%22%3A%7B%22source%22%3A%22non-ctm%22%7D%2C%22context%22%3A%7B%22name%22%3A%22stream-page%22%2C%22product%22%3A%22next%22%2C%22data%22%3A%7B%22source%22%3A%22%5BSOURCE%5D%22%7D%7D%7D">(function coreExperience() { if (/\bcore\b/.test(document.documentElement.className)) { // eslint-disable-next-line no-var var currentScript = document.scripts[document.scripts.length - 1]; // eslint-disable-next-line no-var var img = new Image(); img.alt = ''; img.src = currentScript.getAttribute('data-pixel-src'); } })();</script><noscript><img src="https://spoor-api.ft.com/px.gif?data=%7B%22category%22%3A%22page%22%2C%22action%22%3A%22view%22%2C%22system%22%3A%7B%22source%22%3A%22non-ctm%22%7D%2C%22context%22%3A%7B%22name%22%3A%22stream-page%22%2C%22product%22%3A%22next%22%2C%22data%22%3A%7B%22source%22%3A%22%5BSOURCE%5D%22%7D%7D%7D" alt=""/></noscript></div></div><div class="o-header__drawer" id="o-header-drawer" role="modal" aria-label="Drawer menu" aria-modal="true" data-o-header-drawer="true" data-o-header-drawer--no-js="true" data-trackable="drawer" data-trackable-terminate="true"><div class="o-header__drawer-inner"><div class="o-header__drawer-tools"><button type="button" class="o-header__drawer-tools-close" title="Close side navigation menu" aria-controls="o-header-drawer" data-trackable="close"><span class="o-header__visually-hidden">Close side navigation menu</span></button><nav class="o-header__drawer-menu o-header__drawer-edition-switcher" aria-label="Edition switcher"><span class="o-header__drawer-menu-item">Edition:</span><span class="o-header__drawer-menu-item o-header__drawer-current-edition">International</span><div class="o-header__drawer-divider"></div><a class="o-header__drawer-menu-link" href="/?edition=uk">UK</a></nav></div><div class="o-header__drawer-search"><form class="o-header__drawer-search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true"><label for="o-header-drawer-search-term" class="o-forms-field o-forms-field--optional"><span class="o-forms-title o-header__visually-hidden"><span class="o-forms-title__main">Search the <abbr title="Financial Times">FT</abbr></span></span><span class="o-forms-input o-forms-input--text o-forms-input--suffix"><input type="search" id="o-header-drawer-search-term" name="q" autoComplete="off" autoCorrect="off" autoCapitalize="off" spellcheck="false" data-trackable="search-term" data-n-topic-search-input="true" placeholder="Search for stories, topics or securities" role="combobox" aria-controls="suggestions-o-header-drawer-search-term" data-n-topic-search-drawer="true"/><button class="o-header__drawer-search-submit" type="submit" data-trackable="search-submit"><span class="o-header__visually-hidden">Search</span></button></span></label></form></div><div class="o-header__drawer-actions"><a class="o-header__drawer-button" role="button" href="/products?segmentId=4526c036-7527-ab37-9a29-0b0403fa0b5f" data-trackable="subscribe-button">Subscribe for full access</a></div><nav class="o-header__drawer-menu o-header__drawer-menu--primary"><h2 id="top-sections" class="o-header__drawer-menu-item o-header__drawer-menu-item--heading">Top sections</h2><ul aria-labelledby="top-sections" 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="/" data-trackable="Home">Home</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--selected o-header__drawer-menu-link--parent" href="/world" aria-label="World, current page" aria-current="page" data-trackable="World">World</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--selected" aria-controls="o-header-drawer-child-1" data-trackable="sub-level-toggle | World">Show more World</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-1" 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="/middle-east-war" data-trackable="Middle East war">Middle East war</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="/global-economy" data-trackable="Global Economy">Global Economy</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="/world-uk" data-trackable="UK">UK</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" data-trackable="US">US</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="/china" data-trackable="China">China</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="/africa" data-trackable="Africa">Africa</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="/asia-pacific" data-trackable="Asia Pacific">Asia Pacific</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="/emerging-markets" data-trackable="Emerging Markets">Emerging 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="/europe" data-trackable="Europe">Europe</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="/war-in-ukraine" data-trackable="War in Ukraine">War in Ukraine</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="/americas" data-trackable="Americas">Americas</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="/middle-east-north-africa" data-trackable="Middle East & North Africa">Middle East & North Africa</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="/us" data-trackable="US">US</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-2" data-trackable="sub-level-toggle | US">Show more US</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-2" 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="/us-economy" data-trackable="US Economy">US Economy</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="/investing-in-america" data-trackable="Investing in America">Investing in America</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-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="https://etf.ft.com" 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="/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" data-trackable="Newsletters">Newsletters</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/video" data-trackable="Video">Video</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/podcasts" data-trackable="Podcasts">Podcasts</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/news-feed" data-trackable="News feed">News feed</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/ft-schools" data-trackable="FT Schools">FT Schools</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="https://events.ft.com/events-list" data-trackable="FT Live Events">FT Live Events</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="https://forums.ft.com/" data-trackable="FT Forums">FT Forums</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="https://bdp.ft.com/" data-trackable="Board Director Programme">Board Director Programme</a></li></ul><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--divide"><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--secondary" href="/myft" data-trackable="myFT">myFT</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--secondary" href="https://markets.ft.com/data/portfolio/dashboard" data-trackable="Portfolio">Portfolio</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--secondary" href="https://www.ft.com/todaysnewspaper" data-trackable="FT Digital Edition">FT Digital Edition</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--secondary" href="https://www.ft.com/crossword" data-trackable="Crossword">Crossword</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--secondary" href="https://www.ft.com/tour/apps" data-trackable="Our Apps">Our Apps</a></li></ul></nav><nav class="o-header__drawer-menu o-header__drawer-menu--user" data-trackable="user-nav"><ul class="o-header__drawer-menu-list"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link" href="https://help.ft.com" data-trackable="Help Centre">Help Centre</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link" href="/products?segmentId=d290332b-e8e8-d29b-2ff4-2019b13f008a" data-trackable="Subscribe">Subscribe</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link" href="/login?location=/world" data-trackable="Sign In">Sign In</a></li></ul></nav></div></div></div><script type="application/json" id="page-kit-app-context">{"appName":"stream-page","product":"next","edition":"international","appVersion":"de0e20e0ce70df34e0bddecb4a65704a76b90db1","abTestState":"messageSlotBottom:cookieConsentC,articlecommunitypromoevent:variant2,appleSignUpForBuyFlowTest:variant","isProduction":true,"isUserLoggedIn":false,"pageKitVersion":"11.0.5","conceptId":"82645c31-4426-4ef5-99c9-9df6e0940c00","conceptType":"http://www.ft.com/ontology/Topic"}</script><script type="application/json" id="page-kit-flags-embed">{"articleRelatedContent":true,"ads":true,"javascript":true,"oTracking":true,"articleComments":true,"myFtApi":true,"articleShareButtons":true,"myFtApiWrite":true,"adTargetingUserApi":true,"videoPlayerAdvertising":true,"streamMostRead":true,"openGraph":true,"nativeAds":true,"regionalNews":true,"syndication":true,"myFTEmailDisableABAlloc":true,"streamRecommendedStoriesList":true,"refererCohort":true,"newsletterSignupOnArticle":true,"myFTInstantNotifications":true,"myftPrioritiseTopics":true,"myftIndustryRecs":true,"showEventPromo":true,"myftConsentSwitch":true,"manageCookiesWhiteLabel":true,"myftIndustryRecsFeed":true,"AdsPermutive":true,"syndication_promo":true,"messageSlotBottom":"cookieConsentC","enableGTM":true,"myftNewNewLabel":true,"myftBoldNewArticles":true,"myftPageAppNotificationsToggle":true,"realUserMonitoringForPerformance":true,"textCopyTracking":true,"enableBrandmetricsSurveyScript":true,"managePremiumCancellationJourney":true,"articleInstantAlertsPromo":true,"manageStepUpCancellationJourney":true,"manageStandardCancellationJourney":true,"manageStepUpTransitionJourney":true,"manageDirectCancellationJourney":true,"privShowCCPALinkOnFooter":true,"optimizely":true,"graphicSyndication":true,"adsNativeLazyload":true,"enableRavelinOnProd":true,"enableMarketingAnalyticsTags":true,"streamPageGraphicsList":true,"useFlourish":true,"adsHighImpact":true,"monthlyTermForPremiumCovidCohort":true,"enableNonUKDeliveryAddress":true,"homePageHeaderMarketsData":true,"enableGoogleExtendedMeter":true,"inArticleContentSignUp":true,"frontPageCommunitySection":true,"newBuyFlow":true,"bizzaboRegistrationEnabled":true,"enableSingleTermSubscriptions":true,"newsletterAutoEnrolment":true,"eventsInMyFtPage":true,"eventsInDigestEmails":true,"eventsInStreamPage":true,"ftGlobetrotterBanner":true,"scrollytellingImages":true,"emailVerificationOnSignupForms":true,"AdsExtraMobileSlot":true,"dotcomPages":true,"fomoPage":true,"exponeaOnsiteMessaging":true,"homepageInteractivesEmbeds":true,"bankTransferFeature":true,"articlecommunitypromoevent":"variant2","purgeableLongTailArticleCaching":true,"myAccountLanding":true,"chatterboxChat":true,"liveChat":true,"billingDetailsConfirmationPage":true,"AdsCompaniesTypeaheadDemo":true,"reverseCancellation":true,"adsPGHomePage":true,"saveMeDisplayEdit":true,"adsCommentsRHR":true,"adsPGSearchPage":true,"stripeForIndia":true,"showNoOffersPageInRetention":true,"adsDisableInternalCMP":true,"myFTInstantAlertsOnboarding":true,"proCentralBanking":true,"magnetOnArticle":true,"myftFollowButton":true,"customCodeComponent":true,"extensibleFrontends":true,"adsAppDisableInternalCMP":true,"experimentalAccountEntryTest":true,"enableSubX":true,"homepageClips":true,"enableAppleSignUpForRegFlow":true,"enableAppleSignUpForBuyFlow":true,"workspaceTeaserContextMenu":true,"appleSignUpForBuyFlowTest":"variant","personalFinanceCourseOfferSubscriberRenewalJourney":true,"retentionDirectToSeperateCancelCompareController":true,"enableCorporateBarrier":true,"nextBestOfferRelaunch":true,"onboardingCsatSurveyEnabled":true,"adsInsertTexasDNSLink":true,"pro-signup-welcome-page-v2-enabled":true,"inArticleContentSignUpUSElectionNewsletter":true,"enableFTEditRegisterFlow":true,"backToTopButton":true,"adsEnableGpp":true,"enableStepUpNBO":true,"amplitudeExperiment":true,"pro-signup-onboarding-enabled":true,"useFlourishIFrame":true,"commentsOnlySubscriber":true,"pro-workspace-recommendation-cards-enabled":true,"articleToolsBox":true,"adsEnableFullBleedResponsive":true,"accountSettingsBillingDetailsPaypal":true,"adsVideoPageConsent":true,"clipsEnhancedPlayer":true,"adsEnableMiniBillboard":true,"ads-refresh-pc":true,"enableProfessionalSubscriptionCheck":true,"ads-validate-traffic-ias":true,"adsEnableMiniBillboardWeb":true,"adsMarketsDataWidget":true,"adsArticlePcStyling":true,"ads-adblock-recovery":true,"mprHomePageSlice":true,"liveChatProjectFelix":true,"liveBlogPagination":true,"enableWhiteHouseWatchNewsletterSignup":true,"articleBulletPointSummary":true}</script></body></html>

CINXE.COM

World