Reform’s success depends on signs its future is brighter and mid-career politicians jumping ship is a big one
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Also in today’s newsletter, Moët Hennessy’s sexual harassment case and US Federal Reserve independence
Also in this newsletter: North Macedonia makes tentative progress on EU accession journey
Plus, Big Pharma faces up to a patent cliff and Jane Street’s troubles in India
Leaders can bring joy to the office and boost productivity
Also in today’s newsletter, Apple in talks with F1 over broadcast rights and Supreme Court paves way for mass federal job cuts
Difficulty of curbing growing state spending on a policy tied to broader problem of ageism
Also in this newsletter: EU delegation ordered to leave Libya
Plus, the US onslaught hitting Paris’s bankers and private credit hands American contractors a lifeline
Also in today’s newsletter, White House pushes back on allegations that workforce cuts hampered Texas flood alert
Being ‘one of us’ matters amid US presidential challenge
The country hopes to lessen its reliance on the US amid threats from the Trump administration
Also in today’s newsletter, Trump revives threat of ‘reciprocal’ tariffs and battle for young bankers
Party has boxed itself in and is gaining none of the political credit for introducing non-dom changes
Also in this newsletter: Brussels assesses EU rule of law and sends a delegation to Libya
Plus, CoreWeave’s next financial engineering play and dealmakers are liberated from deal activity in Q2.
Also in this newsletter, Jio BlackRock starts operations with a bang, and Anish Shah’s mantra
There is an opportunity for the continent as investors look to diversify away from the US dollar, but seizing it will be difficult
The EU in particular has failed to stick to a strategy
Also in today’s newsletter, investors pour billions into tokenised mutual funds, and Musk creates new political party
Party never explained why Tories failed to restore growth — now it struggles to match policies with hard fiscal reality
US Supreme Court
Plus, investors snap up gilts, ‘buying the dip’ and the best summer books of 2025
Also in this newsletter: Why von der Leyen will win the parliament battle but risks losing the war