Benjamin Netanyahu has spent most of his political career pledging to do whatever it takes to stop Iran getting nuclear weapons. In the early hours of Friday, the Israeli prime minister tried to do just that, sending more than 200 aircraft to strike targets throughout Iran in the most destructive assault the Islamic republic has…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s strikes on Iran in the early hours of Friday have hit nuclear sites, military bases and weapons facilities across the country. The co-ordinated assault, Operation Rising Lion, also hit residential compounds home to some…
Israel’s strikes against Iran have threatened to ignite a regional conflict that disrupts oil supplies across the Middle East, with traders reviving the decades-old question of whether Tehran could respond by closing the vital industry chokepoint at the Strait of Hormuz. Brent crude, the global benchmark, surged 12 per cent to a high of $78.5…
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. In recent years, June Fridays have often been viewed by financiers as a good moment to work from home. Not now. As news spread about the Israeli air strikes on Iran, traders across Wall Street…
In the late 1940s, as the industrial capacity of Europe and Japan lay in tatters, America accounted for over half of global manufacturing output, with much of the world heavily reliant on its wares. Last year it accounted for little over a tenth, and imported $1.2trn more in merchandise than it exported—to the displeasure of…
In the weeks after the re-election of Donald Trump, the bosses of America’s tech champions worked hard to ingratiate themselves with the returning president, congratulating him publicly and dutifully turning up to his inauguration. Mark Zuckerberg, the boss of Meta, gushed that it was nice to have an administration that was “proud” of America’s tech…
FC Barcelona legend Luis Suarez praised teenage superstar Lamine Yamal ahead of his current employer … More Inter Miami kicking off its Club World Cup campaign. Getty Images FC Barcelona legend Luis Suarez praised teenage superstar Lamine Yamal ahead of his current employer Inter Miami kicking off its Club World Cup campaign. After making his…
For Gen Z shoppers in America, their country’s trade war with China is no longer just a headline. On April 25th Shein and Temu, two Chinese online emporiums popular among youngsters, announced they would be adjusting their prices in America. The cost of some goods sold by Shein subsequently shot up by more than 150%….
Zahra, a 53-year-old Iranian woman, was jolted awake at around 3.30am on Friday by the deafening sound of explosions that shook her apartment in Tehran. Initially disoriented, she wondered if it was just a thunderstorm. But as she stepped on to her balcony, a grim reality set in: neighbours in the western district of Chitgar…
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Israel killed several of Iran’s top generals and scientists in a devastating large-scale attack that pushed the Middle East into a new war. Major General Mohammad Bagheri As chief of staff of Iran’s…
