News

Federal Reserve officials are preparing to leave their historic interest-rate raising campaign on hold next month for the third meeting in a row — but that does not mean they are ready to discuss cuts. Since July the federal funds rate has held steady at a 22-year high of 5.25 per cent to 5.5 per
11/22/2023, 3:51:45 AM South Korea suspends military agreement with Pyongyang after North launches spy satellite Christian Davies in Seoul South Korea will partially suspend a 2018 military agreement with its northern counterpart that sought to reduce the risk of armed conflict, after Pyongyang said it had “successfully” launched a military spy satellite into orbit for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “A date that will live in infamy” was how Franklin Delano Roosevelt described December 7 1941 — the day that Japan attacked America at Pearl Harbor, killing 2,403 US personnel, including 68 civilians. In response,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US and Qatar signalled on Sunday that they were edging closer to a deal to release a significant number of civilian hostages held by Hamas in the besieged Gaza Strip. Any breakthrough is expected
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Microsoft has tweaked its artificial intelligence image generator tool after concerns were raised over a viral social media trend where users created realistic Disney film posters of their dogs, highlighting broader copyright issues in the
The US, UK, and Russia abstained from voting on a successful UN Security Council resolution on Wednesday, which called for “urgent and extended” humanitarian pauses in the Gaza Strip. The resolution, sponsored by Malta, does not mention a ceasefire, and softened language from a previous draft, turning a “demand” for pauses into a “call”. The
Events: US defence secretary Lloyd Austin and South Korean defence minister Shin Won-sik hold the inaugural ministerial-level meeting in Seoul with the UN Command, the multinational military force established during the Korean war. Joseph Li, the state-appointed Catholic archbishop of Beijing, begins a five-day trip to Hong Kong. Taiwan’s Central Election Commission decides if Foxconn
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. No country has joined the EU since Croatia in 2013. But to judge from the recommendations last Wednesday of the European Commission, there is genuinely new momentum behind the once-stalled project of EU enlargement. Brussels
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The EU said it was in “complete disagreement” with Turkey’s stance on Hamas after President Recep Tayyip Erdoğan referred to the Palestinian militant group behind the October 7 attack on Israel as a “liberation” movement.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. On November 19 1919, the US Senate repudiated the Versailles Treaty. With that decision, the US withdrew its might from maintaining what had been agreed in the aftermath of the first world war, leaving this