On June 16, eight U.S. House members and two staffers arrived at Tel Aviv’s luxurious Kempinski Hotel for a four-day immersion in Israeli politics, as Benjamin Netanyahu continued to defy Joe Biden over the war in Gaza. The lawmakers and aides met with speakers aligned with Netanyahu’s views, including the prime minister himself, during a … Read more
“ BANGKOK (Reuters) – Thailand’s Finance Minister Pichai Chunhavajira stated on Tuesday that the country’s inflation target should be set higher than 1%, as he prepared to meet with the central bank governor to negotiate a new target range. Pichai and Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput, along with other officials, are scheduled to … Read more
The Bolivian government has denied accusations made by former president Evo Morales that it orchestrated a targeted attack against him. Morales claimed that his car was shot at multiple times on Sunday night in the Cochabamba region, which he denounced as an assassination attempt. However, Bolivia’s Interior Minister, Eduardo del Castillo, stated that Morales’ convoy … Read more
South Africa’s grand coalition government, which has surprised sceptics by holding together, is facing a foreign policy standoff between the two largest parties. Clashes over three contentious foreign policy issues — Russia, China, and Israel — have highlighted deep ideological differences between the African National Congress and the Democratic Alliance, raising concerns about the coalition’s … Read more
Breaking his silence on the simmering political controversy over the death of Kannur Assistant District Magistrate (ADM) K. Naveen Babu, Chief Minister Pinarayi Vijayan has stated that the government will not allow anyone to question the self-esteem of officials who execute their responsibilities sincerely and efficiently. Calling the ADM’s untimely death extremely painful, he mentioned … Read more
Government borrowing is at its highest since the pandemic due to public sector pay rises and the high cost of borrowing, official figures show. Last month had the third highest September borrowing on record, coming only behind 2020 and 2021, according to data from the Office for National Statistics (ONS). While more money came in … Read more
French drugmaker Sanofi’s announcement that it will sell a majority stake in its consumer health division to a US investment fund has sparked a new wave of political backlash, with concerns about the loss of control over essential medications. Paris is being urged to block the sale by using its powers to safeguard strategic sectors, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The government of France is taking a small stake in Sanofi’s consumer healthcare business as the French pharmaceutical group nears a politically sensitive deal to hand control of the unit to US private equity group … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Louise Haigh, the UK transport secretary, has acknowledged that the expenses related to constructing the High Speed 2 rail line are still increasing, as she disclosed plans to regain control of the project through a … Read more
Elon Musk recently hosted a town hall in Folsom, Pennsylvania, where he made a mention of Dogecoin, leading to a 15% surge in the price of the memecoin within 24 hours. During the event, while discussing Donald Trump’s presidential candidacy, an audience member inquired about Musk’s idea of establishing a “Department of Government Efficiency.” In … Read more