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Buy European and the French paradox
French ideas are often in the ascendant in EU policy-making just as the country’s government grows weaker
US and India reach interim trade deal
Agreement follows détente between Donald Trump and Indian Prime Minister Narendra Modi
The three-way race for Brazil’s rare earths heats up
US, EU and China compete for South American nation’s vast deposits of the critical minerals as trade tensions loom
The disappointing randomness of currency hegemony
We cannot know what the next dominant currency regime will be because all regimes are different
French farming posts first trade deficit in nearly a decade
Poor results prompt warning that France’s traditional strength in agriculture has faded
FirstFT: Inside Jeffrey Epstein’s social Ponzi scheme
Also in today’s newsletter: Big Tech’s ‘breathtaking’ spending spree and how climate change is leading to a reappraisal of the Winter Olympics
Whitepapers / Articles
A View from the Bridge - November 2025
We will never know if the Chancellor’s unprecedented pre-budget speech earlier this week was also an attempt to coax the BOE into an earlier rate cut, but Governor Andrew Bailey didn’t take the bait and was the casting vote to hold rates at 4% rather than lower them to 3.75%.
PegasusCapital - 13/11/2025
