Also in today’s newsletter, Biden holds on to presidential nomination and Modi holds talks with Putin
The country’s problems are both cyclical and structural and need tackling on multiple fronts
Second-largest EV maker expands EU production as bloc clamps down on access for China imports
Also in this newsletter: Labour’s plans for the UK economy and workplace, Europe returns to space, tech supremacy
The idea that mass tourism is creating knock-on effects like price rises is causing tension in the countries most-visited
For whom the cell tolls
Soumaya Keynes talks to the Nobel Prize winner on The Economics Show
Also in today’s newsletter, calls grow for Biden to step aside and France’s far right thwarted
Shift in logistics forces importers to move shipments earlier in the year and drives up freight rates in the process
And the survey said …
But even as migration greases the wheels of the US economy, it is becoming the source of increasing political friction
Central bank should use the summer to address issues key to America’s economic wellbeing and global financial stability
Market Questions is the FT’s guide to the week ahead
Former JPMorgan banker says Islamabad must ‘get real’ as it seeks 24th IMF package
Businesses that imposed relentless post-pandemic price rises are reaching outer limits of the strategy
Also in today’s newsletter, US labour market slows, Orbán meets Putin, Scholz’s new budget
Is China destined to overtake the US as the world’s technology superpower?
Also in today’s newsletter, Biden admits he ‘screwed up’ and Tesla gets Beijing’s backing
Gabriel Makhlouf says using vast budget surplus to fund cost-of-living relief would risk stoking inflation
Restricting trade is not the best way to make Chinese retailers meet product standards
Move to lower borrowing costs concerned many policymakers as inflation and wages moved in opposite direction
Retirees’ incomes will be excluded from perk as Lisbon aims to boost growth with 20% flat rate
Post-Covid rebound driven by professional services while retailers languish, shows FT analysis of official data
The post-pandemic spending surge appears to be over
Also in today’s newsletter, a $2.65bn luxury department store deal and Goldman lobbies to change Fed’s stress test result
International Edition
