Financial Times

The European Central Bank has reduced interest rates by a quarter-point in response to economic headwinds and stagnant growth, bringing it to the lowest level in two years.

London is experiencing a gold shortage as New York accumulates $82 billion in bullion, driven by tariff concerns affecting shipments and resulting in longer queues for Bank of England withdrawals, while traders notice an arbitrage opportunity.

Donald Trump has implemented a freeze on hundreds of billions of dollars in federal grants and loans, prompting significant concern due to its potential economic impact and the perception of it being a strategic move to advance conservative values.

A significant development in Chinese AI technology has caused instability in the technology market, raising concerns about semiconductor investments and impacting major companies like Nvidia.

Job cuts are raising concerns about economic stagnation, as the pace of staff reductions accelerates and presents challenges to growth agendas and corporate strategies.

During a speech at the World Economic Forum, Trump called for OPEC to reduce oil prices and urged central banks to lower interest rates, suggesting that such measures could help end the conflict in Ukraine and arguing that borrowing costs should align with the United States.

Donald Trump has delayed $300 billion in infrastructure funds, affecting projects already planned and potentially hindering advancements in clean energy and climate initiatives.

The article discusses the decision by the former US administration to expand economic measures against European digital services taxes, leading to increased tensions and potential retaliatory actions amid broader trade negotiations.

Donald Trump has taken office with promises to dismantle the Biden administration’s policies and tackle what he terms a “radical, corrupt establishment,” signalling significant shifts in American political and economic direction.

Starmer has expressed a positive outlook on developing a relationship with Trump, highlighting a focus on securing a beneficial trade deal and downplaying connections with Farage.