International - Financial Times - Credit Squeeze

Non-farm payrolls rise sharply while unemployment rate slides to 3.7%

Companies that have already invested in production facilities are set to have an edge

Overnight negotiations end without a deal, as end-of-year deadline looms

Bank of England survey supports view that central bank will not need to raise interest rates at its meeting next week

Communist party Politburo promises ‘proactive’ fiscal and ‘effective’ monetary policy to support growth

Also in today’s newsletter, MBS snubs Sunak for Putin, and Fink hits back at Republican critics

The central bank is confronting headwinds to scrap its policy of holding interest rates below zero

The economist on how to temper theory with judgment

Incoming president tasked with fixing one of world’s most distorted economies without blowing it up

The best bargains are often to be found in debris

Are they right to be?

New research shows US citizens are alone among wealthy western nations in being largely unmoved by income disparities

Brazilian leader lashes out after Macron’s criticism of agreement adds to last-minute hitches to 20 years of talks

Xi Jinping holds ‘candid’ talks with heads of European Commission and EU Council in Beijing

EU finance ministers expected to select successor at helm of world’s largest lender on Friday

Abu Dhabi-backed G42 says it ‘cannot work with both sides’ and retain access to American-made AI chips

Climate is just one of the crises that require donors to increase contributions to the International Development Association

Also in today’s newsletter, AMD unveils new AI chip and hedge fund shorts Blackstone real estate fund

The fund’s number-two policymaker talks to Free Lunch

Uptick seen as boost to policymakers eager to stimulate recovery in world’s second-biggest economy