Also in this newsletter: Friedrich Merz finally throws his hat in the ring for German chancellor
Also in today’s newsletter, Fed rate decision and Meta faces hefty EU fine
US project commitments from South Korean companies totalled $21.5bn last year, more than any other country
Appreciation of other major currencies such as yen and pound has put downward pressure on the greenback
Even so, perma-critics of the US central bank are cracking their knuckles in anticipation
His report on competitiveness presents the EU with an ‘existential challenge’
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown
Tech giant creates new AI institutes with UAE’s G42 as it awaits decision to lift US controls on chip shipments
Its self doubt comes in a decisive week for central banks
Also in today’s newsletter, US-Japan tech curbs on China and Iran warms to nuclear talks
Potential agreement comes despite fears Beijing will choke critical minerals supplies in response
Overproduction, tariffs and weak demand increase competition with a glut of low-cost goods
Innovations around EM indices are required with more thematic benchmarks
UK trade deal with EU has led to ‘profound and ongoing’ impact on goods flow
Futures traders boosted expectations in the past week of a bigger trim than the traditional 0.25 percentage point change
Ngozi Okonjo-Iweala warns of disruption to commerce from EU and other unilateral green taxes
The vice-president is not saying enough about re-industrialisation and protecting factory jobs
Mid-sized countries, and talk rather than litigation, might be the best thing for the WTO
The whole world risks losing from the rivalry between Washington and Beijing
Also in today’s newsletter, the US Fed’s prepares for ‘momentous’ meeting, and the paradox at the heart of Brazil’s government
Loosening job market means companies no longer have to be as generous to retain staff
Replying to readers on price increases
Fed chair expected to begin lowering interest rates this week as inflation fears fade
America’s trade pact partners take advantage of White House freeze on new permits to compete on gas exports
Ministers urged to bring forward start date of British scheme to 2026 to align with Europe
