Move marks Biden administration’s latest effort to target Chinese tech sector
Also in today’s newsletter, Stormy Daniels’ day in court and Hong Kong’s property market slump
The economist on the mis-steps of the Fed over interest rates and the markets
Africa’s second-biggest oil producer unlocks cash from a Chinese-controlled account to pay interest on a crucial loan
Israel threatens to expand Rafah operation as US struggles to revive talks
Investors raise short positions to 16-month high as conviction grows that UK borrowing costs will fall ahead of US
A new wave of heavy investment in Australia deepens partnership
New bills worth $11 aim to help population avoid having to carry bricks of cash
A failure to acknowledge the US debt problem puts growth and stability on the line
France’s drive for ‘strategic autonomy’ must overcome suspicion of Paris within the EU
It may be a bumpy ride, although the latest evidence is encouraging
PMI reading strengthens as expectations of economic rebound and rate cuts boost demand
Also in today’s newsletter, Xi in France and Israel sends troops into Rafah
RBA raises forecast for price growth in hawkish shift as global central banks pivot to higher-for-longer rates
OECD, IMF and WTO forecast sharp rebound in flow of products this year after 2023 slump
New levies and fees worldwide add cost to electric-car buyers as sales growth cools
Investors predict MPC will maintain interest at 5.25% when it meets on Thursday
French president Macron hails breakthrough on some areas such as cognac during Xi state visit to Paris
Also in today’s newsletter, Panama on course to elect a conservative and how public ownership changed Goldman Sachs
And utilities revisited
Also in this newsletter: the cost of upgrading EU industry for the green transition
And can US mortgages be made portable or assumable?
The fates of former ‘model’ economies carry lessons for current stars
Experts warn better data is required to drive policy as debilitating condition reduces workforce
If there is pressure on the Chinese currency, it could have far-reaching economic and political consequences
International Edition