Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hungarian Prime Minister Viktor Orbán has hailed China as a “key power” for promoting peace in Ukraine during a visit to Beijing, the latest in a flurry of high-profile diplomacy after surprise trips to Kyiv…
Nato leaders are expected to make a one-year, €40bn pledge of support for Ukraine this week, as the alliance’s most important members are engulfed in domestic political turmoil that limits their capacity to commit more long-term resources to Ukraine in its defence against Russia. The summit starting on Tuesday in Washington comes on the heels…
In a secret brick workshop on the outskirts of a frontline town in eastern Ukraine, soldiers Bohdan and Vlad are hard at work making killer drones. The small factory has a 3D printer to make the components needed to turn technology designed for fun or aerial photography into a deadly weapon. The use of unmanned…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has won a huge parliamentary majority on strikingly thin support. Labour won only 34 per cent of the vote. The shift in support for the Conservatives since its big victory in 2019…
Prominent House Democrats joined calls for Joe Biden to drop out of the election race over the weekend, even as the president stepped up campaigning to convince voters and his own party that he was fit for office. Biden made two campaign stops on Sunday in Pennsylvania, a state he almost certainly needs to win…
President Joe Biden’s disastrous June 27 debate with former president Donald Trump reignited grave concerns about his age and sparked panic among Democrats. Calls for him to drop out of the White House race swiftly followed. Some lawmakers in Biden’s party are anxious for him to be replaced. Donors are hunting for alternative candidates. Biden’s…
During a recent liquidity crunch, I kept thinking how nice it would be to have more cash sitting in my bank account. Once I received a $106,000 real estate capital distribution, I felt a tremendous relief. But then I was faced with the somewhat stressful decision of how to reinvest it. My private real estate…
The Qatar Stock Exchange (QSE) carried out its first domestic securities lending and borrowing (SLB) transaction in May as part of its strategy to raise market liquidity. The move marked an important development for the QSE, as it looks to increase market and product sophistication, depth, and securities lending. HSBC acted as custodian and agent-lender…
The Shift to XML The global move toward XML isn’t just driven by Swift; it represents a broader industry shift affecting a wide range of digital payment players, including financial institutions, clearing systems, intermediaries, ERP and TMS. New TMS/ERP add-ons and emerging fintech offerings will predominantly be based on XML. ISO (XML) 20022 – Migration….
The rise of artificial intelligence has been a gift for investors who own one or more of the technology stocks that stand to benefit from AI. Not only has this been a good trade, but many of these stocks, such as NVIDIA Corp. NASDAQ: NVDA and Microsoft Corp. NASDAQ: MSFT, are also great buy-and-hold stocks. …