Last Sunday, Abdel Rahman was serving a 15-year sentence in a cramped cell in Syria’s notorious Saydnaya prison, after an altercation with a corrupt police officer last year in Damascus. By Friday morning, he was in the ancient market of the old city selling the newly adopted green Syrian flag — the one anti-Assad rebels
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The previous prime minister of France, conservative Michel Barnier, lasted just three months in office. Now President Emmanuel Macron is betting on another 73-year-old political veteran, the centrist François Bayrou, to navigate France’s political turmoil for longer. Bayrou, the mayor of the south-western city of Pau and a former minister, was one of Macron’s earliest
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<img src=”https://public.flourish.studio/visualisation/20781708/thumbnail” width=”100%” alt=”chart visualization” /> The municipal market grew in the third quarter of 2024 amid the surge in supply while mutual funds, exchange-traded funds and foreign buyers increased their ownership of the asset class in the third quarter, Fed data shows. However, “muni holdings of all institutional investors, lead by banks, is still
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“The Committee will hit the ground running in 2025,” said current and future Chairman Sam Graves, R- Mo. ”Our work will include working with President Trump to advance his infrastructure priorities, developing the next long-term surface transportation reauthorization, and reprioritizing policies that are consistent with the core purpose of infrastructure .U.S. House of Representatives The future of
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world We will soon find out whether Donald Trump has changed his tune on the dollar. In his first term, the comeback president had a clear preference for a weaker buck. On one notable
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the author of ‘Uncharted: How to Navigate the Future’ Turnarounds are tougher than they look. The stories (always told backwards) suggest a single hero, usually male, rides into town, takes daring and
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Chancellor Rachel Reeves came to office in July pledging to make stronger growth the number one mission of the new Labour government. Official figures on Friday underlined how far she is from achieving this ambition.  After gaining momentum since 2023, output slipped back in September and October. The figures confirm that businesses and households shied
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The City of London has approved plans for its new tallest skyscraper, a 74-storey office tower that will be tied with the Shard as western Europe’s tallest building.   Plans for the tower, called 1 Undershaft
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President Emmanuel Macron has selected one of his earliest allies, the centrist politician François Bayrou, as prime minister in a bid to stabilise the political turmoil in France that has bogged down his second term. The 73-year-old’s appointment came after a nearly two-hour long meeting at the Élysée Palace, which was said to be tense
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Trucks arriving from Mexico wait for inspection at the Otay Mesa point of entry in San Diego.Bloomberg News New tariff threats by President-elect Donald Trump would likely impact state and local government finance, economists and analysts say, though exactly how remains unknown. In campaign statements, and a post-election social media post, Trump said he would
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This article is part of the FT’s Financial Literacy and Inclusion Campaign joint seasonal appeal with Magic Breakfast I’ve been getting into the Christmas spirit this week, and thought the holidays would be the perfect time to introduce my twin nephews to the joys of Monopoly. I fondly remember the marathon games of my childhood,
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What on earth will happen to US economic policy when Donald Trump becomes president? That question is already sparking widespread concern. And even the supposedly smart money seems unsure of the answer. This week, for instance, the hedge fund Bridgewater told clients that Trump’s “nominations and rhetoric so far appear to suggest he will try
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy unexpectedly shrank 0.1 per cent in October, the second contraction in a row, in a blow to the Labour government’s economic agenda. The monthly change in GDP published on Friday by the
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Syrian rebels who helped topple Bashar al-Assad’s regime less than a week ago have pressed ahead with a separate, less-publicised offensive. The Syrian National Army, a rebel group supported by Turkey, has in recent days battled the Kurdish-led Syrian Democratic Forces, a US-backed militant movement that Ankara deems a severe threat. Syrian Kurds, who at
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