FirstFT: US steel unions urge Joe Biden to investigate Chinese shipbuilding
Also in this newsletter, Moody’s downgrades Chinese developer Vanke’s bonds and US warns Israel against ‘smashing into Rafah’ #press
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White House warns Israel against ‘smashing into Rafah’
US sees no ‘credible plan’ to protect civilians in southern Gazan city, says Jake Sullivan #press
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Rishi Sunak’s authority ‘seeping away’, say Tory MPs
Unrest grows among many Conservatives as PM struggles to resurrect party’s prospects in an election year #press
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Exchange chief says Brexit has made investing in the UK harder
Intercontinental’s Jeffrey Sprecher was early backer of EU split but now says London has lost value as a trading centre #press
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Nigeria’s kidnapping racket is a symptom of a failing state
The government needs to start by improving security and stabilising the economy #press
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EU and US find stop-gap funding for Ukraine weapons
Brussels deal on €5bn expected on Wednesday while Pentagon announces $300mn in extra funds #press
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Nigeria pushes Binance for user data in stand-off over naira speculation
Authorities hold senior company executives for two weeks after crackdown on cryptocurrency websites #press
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The UK could be a vaccine superpower, but it needs a booster
We risk forgetting the lessons of the Covid pandemic #press
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Tech start-ups are giving new hires fewer shares as valuations cool
Data shows equity compensation has decreased by more than a third over past 18 months #press
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UK lags other countries in modernising statistical system
Data-sharing between government departments hindered by reluctance of officials to share information, review finds #press
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South Africa sets ambitious timeline to end rolling blackouts
Electricity tsar says issue that has plagued the country for more than a decade would be largely over by year end #press
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MPs launch probe into health risks from abandoned Welsh mines
Move follows FT investigation that highlighted scale of the problem caused by legacy of metal mining #press
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EU poised to ban plastic from outside the bloc in packaging
France pushed for last-minute change that risks alienating developing world #press
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Somali pirates seize ship as global naval forces focus on Houthi threat
Capture of Bangladeshi bulk carrier is first successful hijacking since December #press
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German military still faxes documents and cannot radio allies, official warns
Armed forces’ communications systems in woeful state and in need of ‘mammoth’ investment, says commissioner overseeing Bundeswehr #press
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Special counsel who cited Biden’s memory lapses testifies in Congress
Robert Hur faces questions over decision not to charge US president in classified documents case #press
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Poland’s leaders to meet Biden on Russian threat
PM Donald Tusk and President Andrzej Duda put aside domestic differences in rare joint visit to White House #press
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ECB to leave original Frankfurt home next year
Planned move a block away means central bank will no longer occupy offices next to iconic Euro sculpture #press
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US economy: Americans aren’t buying what Biden is selling
Even though inflation has slowed, US voters are highly motivated by price increases #press
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Global inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you #press
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