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Back in 2015, when Volodymyr Zelenskyy was “just” a comedy star with the Kvartal 95 troupe, he joked on television that securing American military aid was “like installation of [a] new app on PC [personal computer]”. “In the beginning it is all smooth and fast” but, when the “last percentage remains”, the process glitches —
US Treasuries staged a historic rally and stocks jumped as comments from Federal Reserve chair Jay Powell further spurred a rally that began after the central bank published a more dovish outlook than investors had anticipated. The yield on the policy-sensitive two-year note was down 0.25 percentage points in afternoon trading at a six-month low
Ukraine’s president Volodymyr Zelenskyy was blunt when he addressed G7 leaders this week. “Russia hopes only for one thing: that next year the free world’s consolidation will collapse. Russia believes that America and Europe will show weakness, and will not maintain support for Ukraine,” he said in a video call on Wednesday evening with his
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Venezuela’s President Nicolás Maduro has dramatically raised the stakes in his country’s border dispute with Guyana, ordering state companies to exploit contested oil and mineral deposits and redrawing official maps after claiming an “overwhelming” mandate
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. How many international conflicts can one superpower handle at the same time? The Biden administration is currently trying to deal with wars in the Middle East and Europe, while preparing for a surge in tensions between
The American dream, a term first used by a Depression-era historian named James Truslow Adams, is all about upward mobility. Any US citizen, if they work hard, should be able to not only succeed, but rise above the station of their parents. In The Epic of America, published in 1931, Adams acknowledged that the ongoing
Federal Reserve officials are preparing to leave their historic interest-rate raising campaign on hold next month for the third meeting in a row — but that does not mean they are ready to discuss cuts. Since July the federal funds rate has held steady at a 22-year high of 5.25 per cent to 5.5 per