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This summer the pretty, peaceful town of Görlitz in eastern Germany was roiled by its biggest demonstrations in years. The trigger — a scuffle at a high-school graduation party. What began as a fight at a popular disco, the L2 Club, quickly escalated into unrest that appeared to capture Germany’s political divisions over migration. While the

Russia has weathered western sanctions over the invasion of Ukraine, the oligarch Oleg Deripaska has said, admitting “surprise” at the country’s resilience after a war he thought would bankrupt the Kremlin. Deripaska, one of Russia’s richest men, told the Financial Times that Moscow had survived the effort to isolate its economy by developing new trade

Receive free Russian business & finance updates We’ll send you a myFT Daily Digest email rounding up the latest Russian business & finance news every morning. Russia has succeeded in avoiding G7 sanctions on most of its oil exports, a shift in trade flows that will boost the Kremlin’s revenues as crude rises towards $100

Receive free War in Ukraine updates We’ll send you a myFT Daily Digest email rounding up the latest War in Ukraine news every morning. US president Joe Biden has decided to send American long-range missiles known as ATACMS to Ukraine after months of deliberations over whether to provide Kyiv with the munitions, according to people

Receive free Markets updates We’ll send you a myFT Daily Digest email rounding up the latest Markets news every morning. Wall Street stocks recovered on Friday after a week in which equities have been buffeted by rising oil prices and growing expectations that interest rates will stay higher for longer. Wall Street’s benchmark S&P 500

Receive free Federal Reserve updates We’ll send you a myFT Daily Digest email rounding up the latest Federal Reserve news every morning. For months, Jay Powell has tried to scotch hopes that the Federal Reserve will perform an abrupt about-face when it reaches the apex of its historic rate-rising campaign. The US central bank chair

Receive free UK inflation updates We’ll send you a myFT Daily Digest email rounding up the latest UK inflation news every morning. UK inflation was lower than expected in August, falling to 6.7 per cent from 6.8 per cent in July, rather than increasing on the back of higher petrol costs. The drop in almost

Receive free Canada updates We’ll send you a myFT Daily Digest email rounding up the latest Canada news every morning. Canada’s prime minister has said there are “credible allegations” that India’s government was involved in the fatal shooting of a prominent Sikh leader in British Columbia, citing intelligence from national security services. Justin Trudeau on

Western companies that have continued to operate in Russia since Moscow’s full-scale invasion of Ukraine have generated billions of dollars in profits, but the Kremlin has blocked them from accessing the cash in an effort to turn the screw on “unfriendly” nations. Groups from such countries accounted for $18bn of the $20bn in Russian profits

Receive free Share buybacks updates We’ll send you a myFT Daily Digest email rounding up the latest Share buybacks news every morning. Share buybacks on the US stock market have dropped to the slowest pace since the early stages of the Covid-19 pandemic as rising interest rates undermine the incentive for companies to purchase their

Russia has authorised unreinforced oil tankers to sail through its icy Northern Sea Route for the first time, triggering warnings Moscow is risking a catastrophic Arctic spill as it reroutes sanctions-hit energy exports to Asia. Two tankers were granted permission in August to carry out the 3,500-mile long journey along Russia’s northern coast, despite not

Receive free Chinese politics & policy updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese politics & policy news every morning. The US government believes Chinese defence minister Li Shangfu has been placed under investigation in the latest sign of turmoil among elite members of Beijing’s military and foreign policy

9/13/2023, 11:29:00 PM What to watch in Asia today William Langley in Hong Kong UK-China relations: The British government is expected to formally respond to a damning report from parliament’s intelligence and security committee in July, which found the UK’s approach to China’s “increasingly sophisticated” espionage was “completely inadequate”. Hong Kong: The second day of

UK government bond yields and the pound fell on Tuesday, as investors took a mixed set of jobs data as a sign that the labour market may be cooling. The yield on the interest rate-sensitive two-year gilt fell 0.05 percentage points to 5.02 per cent and the 10-year yield dropped by a similar amount to

The world is at “the beginning of the end” of the fossil fuel era, according to the leading global energy watchdog, which for the first time has forecast that demand for oil, natural gas and coal will all peak before 2030. New projections by the International Energy Agency forecast that the consumption of the three

The London law firm Schillings battles in and out of courts for celebrities from Meghan Markle to Johnny Depp and Lance Armstrong, along with other wealthy clients who mostly stay out of the public gaze. They value their privacy and use Schillings to protect it. So it was a surprise when the firm announced this

There’s a moment in your late forties or fifties when life seems to become more complicated.  This should be a time when you enjoy the fruits of your earlier labours, with the career settled, children largely grown up and the mortgage mostly paid off. On top of this, the current cohort stands to benefit from

Oil prices rose above $90 a barrel for the first time in 2023 on Tuesday as Saudi Arabia and Russia said they would extend their voluntary production and export cuts until the end of the year. Saudi Arabia, which leads the expanded Opec+ cartel with Russia, has cut an additional 1mn barrels a day from

Apple and Microsoft, the most valuable companies in the US, have argued some of their flagship services are insufficiently popular to be designated “gatekeepers” under landmark new EU legislation designed to curb the power of Big Tech. Brussels’ battle with Apple over its iMessage chat app and Microsoft’s search engine Bing comes ahead of Wednesday’s

Chinese lenders stepped in to extend billions of dollars to Russian banks as western institutions pulled back their operations in the country during the first year of Moscow’s invasion of Ukraine. The moves by four of China’s biggest banks are part of Beijing’s efforts to promote the renminbi as an alternative global currency to the