2024-09-24
Financial Times Front Page 24th of September 2024
Israeli air strikes on southern Lebanon resulted in significant casualties and damage, escalating tensions in the region.
Israeli air strikes on southern Lebanon resulted in significant casualties and damage, escalating tensions in the region.
European steelmakers are urging Brussels to take action against a significant increase in low-cost Chinese steel imports, which they attribute to Beijing subsidies and are advocating for comprehensive tariffs to protect their industry.
The UK’s fiscal outlook has deteriorated with national debt rising to levels not seen since the 1960s, prompting the Treasury to assert that its economic policies are based on honesty, amid rising concerns and debates about future economic management.
The Federal Reserve has reduced interest rates by half a percentage point for the first time in over four years, signalling a shift to an easing policy in response to slowing job growth and inflation concerns.
Eight people were killed and 2,700 injured in Lebanon when low-tech pagers exploded, with Hizbollah blaming sabotage by Israel.
Brussels has prepared a €40bn loans package to support Ukraine, despite concerns that the G7’s collective efforts are faltering.
Kamala Harris has maintained her lead over Donald Trump on economic issues according to a recent poll, with support increasing after a televised debate.
Investors are increasingly betting on a significant interest rate cut by the Federal Reserve amid signs of economic cooling and a major meeting looming just before the US election.
The Office for Budget Responsibility (OBR) has warned that state finances are on an unsustainable path due to persistent overspending, the costs of climate change, and the likelihood of additional economic shocks.
Donald Trump’s campaign is struggling to recover after significant blows were dealt by Kamala Harris during a televised debate, causing considerable concern among Republican supporters and leading to a noticeable shift in polling numbers.