After Jeff Bezos, the billionaire owner of The Washington Post, made the decision to halt the publication of the editorial board’s endorsement of Kamala Harris, there was a significant backlash from digital subscribers. According to a report from The Post, at least 250,000 subscribers chose to cancel their subscriptions. Both current and former journalists at … Read more
The Georgian opposition is refusing to recognize the preliminary results of Saturday’s parliamentary election, which show the national-conservative ruling party leading with 70% of the votes counted. The election commission said Georgian Dream – which favors cooperation with Russia – is leading with 53% of the vote, securing an absolute majority. The Unity electoral alliance, … Read more
China’s industrial profits took a sharp nosedive in September, marking the largest monthly decline of the year, according to official data released on Sunday. The profits plummeted by 27.1% compared to the same period last year, following a 17.8% drop in August. In the first nine months of the year, earnings fell by 3.5%, a … Read more
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“I’m not aware of anywhere else where we’ve seen such a brazen and open attempt to corrupt an election,” Moldova’s chief anti-corruption prosecutor, Veronica Dragalin told me this week, in her office in Chisinau. Born in Moldova, she spent most of her life in the US – most recently as a prosecutor in Los Angeles … Read more
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The Biden administration recorded a budget deficit that exceeded $1.8 trillion in fiscal year 2024, representing an increase of over 8% from the previous year and marking the third highest deficit on record, as reported by the … Read more
As technology giants increasingly focus on nuclear power to support artificial intelligence and data centers, one particular producer is experiencing a significant surge in its stock value. Oklo, a nuclear power company backed by OpenAI CEO Sam Altman, has witnessed a staggering 150% increase in its shares over the past month. The stock has risen … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donations to Harvard University fell 14 per cent in the fiscal year ending June 30, as large donors cut ties and prominent alumni in the financial industry criticised its administration over a botched response to … Read more
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s economy grew by 4.6 per cent year on year in the third quarter, according to official data released on Friday. This growth rate is slower than the previous three months, highlighting a slowdown in … Read more