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Fall comes in wake of mounting signs that global inflationary pressures are easing
Ursula von der Leyen says Brussels has ‘the means’ to make Moscow pay for rebuilding war-torn country
Communist leader oversaw radical reforms and formalised two-term limit
Transatlantic security body discussed how to make Beijing aware of consequences of any military action
US allies practise retaking an island as Taiwan tensions mount
Legislation which also enshrines recognition for interracial marriages wins support from some Republicans
Plus, Group C finale promises thrills, Senegal brush off Mané worries
EU divisions over how to tame high gas and electricity costs caused by Russian export cuts have yet to be resolved
Sentiment picks up after immediate threat of power blackouts recedes
Star man wants teammates to control possession as two-time winners seek place in knockout stages
Residents of the city’s tower blocks are banding together to oppose quarantine curbs
British Retail Consortium finds food prices rose 12.4% in November and warns of ‘dampened Christmas cheer’
Pressure for constitutional change is gathering momentum but England could end up paying the price
State-owned investment fund had written off $275mn holdings in Sam Bankman-Fried’s crypto group
Move follows pressure from bank’s largest investor Ping An to cut costs
Demand has been weak for Hong Kong listings — a factor that should temper the Chinese insurer’s price expectations
US ambassador urges Beijing not to interfere with protests against coronavirus lockdowns
Purchase comes as sector faces heightened scrutiny following collapse of FTX
Insurer warns against changing details such as age and driving penalties on applications
Ukraine — not Iraq or Afghanistan — is how the US succeeds
Adventures in super-seniority
Inflationary pressures are beginning to wane
Prime minister’s broad appeal to both right and left flanks makes him an ideal Tory leader at this moment in time
Investors will study Fed chair Jay Powell’s speech for clues on likely path of US interest rates policy
Central bank to introduce final package of Basel guidelines but delays implementation until 2025
Reversion-to-the-mean machine
Lockdowns triggered demonstrations but economic anxiety threatens to drive further unrest
And the business cycle is turning
Brussels prepares most ambitious plans post-Brexit to lure derivatives trade away from London
Also in the latest newsletter: US militia leader convicted of seditious conspiracy in January 6 attack, and Fed officials in danger of splitting on future rate rises
Europe’s efforts to wean itself off Russian oil and gas are being slowed by constrained supplies of renewable energy components and a lack of storage technology, but modular nuclear reactors and electricity grid balancing offer a way forward
President faces recriminations from workers as he tries to avoid a walkout that could damage the economy
Some dovish policymakers fear monetary tightening campaign may end up going too far
Granting permission for more North Sea production is unlikely to lower prices or reverse overall decline
Poorer nations are refusing to sacrifice natural energy assets to help rich polluters meet emissions targets
The executive director and chief curator of The Bass Museum of Art describes her perfect day in the city, taking in its public art and most exciting eateries
International Edition
