International - Financial Times - Credit Squeeze

Economists warn that political meddling in monetary policy ‘can often go very badly’

New president Claudia Sheinbaum is up against difficult challenges inside and outside her country

Entities loaned billions to create mining and processing supply chain, report shows

Tariff threat spurs Mexico to fill in smuggling tunnel and Canada to deploy helicopters and drones

Former Labour minister recently received approval despite Republican concerns about business ties to China

US shift from soft to hard power towards allies such as Colombia may backfire

They don’t make much sense and don’t seem to matter much anyway

Also in today’s newsletter, Treasury secretary Scott Bessent pushes for universal tariffs and Nato’s silence over Greenland threat

US president says Narendra Modi is expected to visit White House next month

Dim sum are called momos now

Economists warn the wallets of the US working class could be hit by the new administration’s priorities

Trump’s Treasury secretary wants levies to rise month by month in order to give businesses time to adjust

Colombia’s President Gustavo Petro finds little support for confrontational stance against US

Three leading indicators about what to expect from the president’s second administration based on his first week

Decision marks latest confrontation between Elon Musk and Brussels

A pointless spat over deportation flights shows the destructive futility ahead

A world without rules is one in which the strong prey upon the weak

Also in today’s newsletter, Israel allows Palestinians to return to northern Gaza and investors offload record amounts of PE stakes

Nations turn to tactic used in US president’s first term when more bilateral agreements were signed

Plus stocks for 2025