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ft.com

Monday, Jul 7

00

Brics nations hit back at ‘emperor’ Trump over tariff threats

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Host Brazil criticises US president as being ‘very irresponsible’ for vowing extra levies on states aligned to the group

23

Trump renews threat to hit trading partners with steep tariffs

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White House extends deadline for ‘reciprocal’ levies from July 9 to August 1

21

Downing Street leaves door open to higher UK taxes on the wealthy

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Treasury says it will protect ‘working people’ ahead of what is set to be a painful autumn Budget

UK officials hopeful steel industry will avoid 50% US tariff

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Deadline for countries to sign deals with Trump expires on Wednesday

Iran’s president says Israel tried to kill him during 12-day war

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Masoud Pezeshkian says he would be open to renewed dialogue with the US over country’s nuclear programme

20

Jane Street to contest Indian regulator’s manipulation charges

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Wall Street firm hits back after being banned and ordered to return more than $550mn of ‘illegal gains’

19

Reform UK loosens vetting criteria for candidates

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Populist party adopts ‘common sense’ approach and welcomes previously rejected applicants

18

Zelenskyy vowed to replace US envoy criticised by Trump allies

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Move to replace Kyiv’s ambassador to Washington expected to come alongside major wartime cabinet reshuffle

Tesla shares sink after Musk says he will launch new political party

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Billionaire’s intervention, which he claims is needed to combat ‘one-party system’, rattles investors

17

Russian transport minister fired by Vladimir Putin ‘dies by suicide’

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Roman Starovoyt’s death came amid ongoing corruption probe into defensive fortifications in Kursk

16

Gas tanker leaks ammonia after suspected anti-Russia sabotage

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Reported explosion on Greek-owned vessel at Baltic port is sixth to hit ships this year

15

Turkey to probe opposition leader for insulting Recep Tayyip Erdoğan

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Markets fall as investigation into CHP head Özgür Özel over comments about president unnerves investors

14

Trump’s ominous ICE security state

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The nation of immigrants’ shift to mass deportation is among the most shocking turns in US history

11

Trump threatens extra 10% tariff over ‘anti-American’ Brics policies

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Washington prepares for end of 90-day pause on steep ‘liberation day’ levies

08

Forcing pensions into British assets is like ‘capital controls’, says Lloyds boss

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Charlie Nunn says Britain must tackle its housing crisis to provide foundation for economic growth

07

The roots of the British malaise lie in a sick economy

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Political responses to a bad situation tend towards either charlatanism or timidity

Post-Brexit export drive hampered by UK trade finance regulations, ICC warns

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International Chamber of Commerce says overhaul of rules could help plug £22bn funding gap

BlackRock tried private credit once before. Will this time be better?

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The public markets giant now owns HPS. Its previous deal for Tennenbaum Capital Management has a troubled history

The global economy is suffering from the Rashomon effect

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I’ve never seen as many potentially market moving vectors simultaneously in play

Revolut yet to receive key credit licence from UK regulators

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Permission to offer credit cards to 11mn British customers still pending as fintech nears 1st anniversary of becoming a bank

‘No honour among thieves’: M&S hacking group starts turf war

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A clash between rival criminal ransomware groups could result in corporate victims being extorted twice, cyber experts warn

06

Trump calls Musk a ‘train wreck’ as feud escalates over third party

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Tesla shares fall as billionaire’s vow to set up a rival political movement rattles investors

Sunday, Jul 6

00

Israel strikes Yemeni ports soon after apparent Houthi attack on Red Sea vessel

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Intense assault on Magic Seas appears to be first by rebel group since December

China reroutes exports via south-east Asia in bid to dodge Trump’s tariffs

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Value of goods sent to US falls but shipping to Asean countries and EU rises

21

Netanyahu and Trump to discuss new Gaza deal at White House

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Negotiators discuss terms of potential ceasefire with Hamas but big gaps persist as Israeli leader heads for Washington

19

Tony Blair’s staff took part in ‘Gaza Riviera’ project with BCG

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Former UK prime minister’s institute participated in meetings on plan to turn shattered enclave into trading hub

14

Ministers to launch £500mn scheme to help struggling families

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Labour unveils Blair-style family hubs as Reform UK gains ground in new poll

A tale of two Americas

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Donald Trump’s policy agenda does not address Republican economic realities

13

Texas flood kills at least 50 with more rain forecast

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More than two dozen girls missing from summer camp after Guadalupe River burst its banks following a deluge

11

Mining boss calls for price support to challenge China’s critical minerals dominance

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Sibanye-Stillwater chief executive says suppliers to western nations need ‘level playing field’

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