Countries’ relations at new low after allegations by Canadian police of ‘clandestine activities’ by envoys
Also in today’s newsletter, investor Scott Bessent weighs in on Trump’s tariff proposal and election bets favour the former president
Proposed sale of controlling stake to US private equity group has sparked backlash in country
Storm underlines growing risks from extreme weather to southern states in US
Labor government looks to tighten consumer laws ahead of election
Lessons for the US from the Brazilian canary in the coal mine
Fund calls for tougher action by big economies, with debt set to approach 100% of world GDP by end of decade
Wider package of reforms expected ‘as soon as parliamentary time allows’, says minister
Start spreading the news
In a country divided into mutually hostile camps, no easy resolution to the polarisation seems likely
Single currency has dropped more than 2% against dollar so far this month
Keir Starmer ‘supports’ rather than ‘degrades’ businesses, Poppy Gustafsson tells FT
Also in today’s newsletter, Nvidia share price hits new record and tensions rise on the Korean peninsula
Open letter criticises ‘suboptimal’ mechanism under Trade and Cooperation Agreement amid push for more renewables
Fiscal indiscipline looms as the biggest threat after central bank battles to slow rising prices
Data for three months to August adds to evidence that pay pressures are easing
In preparing her inaugural Budget, she would do well to ignore advice from market sages
A new technology eschews graphite, nickel, manganese and cobalt, of which Beijing controls most of the world’s supply
SNP battling multiple fronts despite John Swinney’s optimism he can win the 2026 Holyrood elections
Housebuilder expects to deliver more homes next year as borrowing costs ease
Symbolic detonations are first of their kind and come amid dispute over drones
Intense war demands have left IDF relying on US to fill gaps in air defences
Reduced majority could impair the prime minister’s ability to tackle economic and demographic challenges
Bloc officials overcome deep divisions on atomic power but finance goal commitment remains unresolved
Oil prices fall on signs Benjamin Netanyahu plans to avoid energy sector and nuclear sites