International - Financial Times - Credit Squeeze

Chancellor has been pushing cabinet ministers to find ways to reduce financial pressure on households ahead of Budget

The administration sees these digital assets as a tool in the fight against de-dollarisation

Forestry industry aims to divert 10% of wood normally sent south of the border to new markets such as the UK

Washington agrees frameworks with Argentina, Ecuador, Guatemala and El Salvador on range of products

Also in this newsletter, a surge in applications from companies wanting to connect to the grid

Delegations prepare to use upcoming forum for bilateral talks after US and Argentina pull out

A range of estimates point to US price pressures being muted last month

Third-quarter figures dragged down by slide in manufacturing

Also in today’s newsletter: Alphabet faces EU probe and US draws down on IMF reserves to help Argentina

Estimates of GDP in the third quarter and the single month for September were weaker than expected

Carmaker gives no details on pledge, which is in addition to Tokyo’s $550bn commitment in return for lower tariffs

Brussels is struggling to adapt to a conflict-ridden world trading system

Buenos Aires’s reserves rose by the same margin as Washington seeks to bolster Javier Milei’s government

France has demanded UK pays into ‘cohesion funds’ as price for reducing post-Brexit trade friction

EU wants charges on small packages ordered from likes of Shein and Temu to kick in two years earlier than planned

Officials indicate changes coming to levies on imported goods including coffee and bananas

Heavyweights clash as election of hawkish PM Sanae Takaichi and US policy unpredictability change calculus in region

Executives warn production lines could stop within weeks as the Dutch chipmaker is not sending products to China unit

German Council of Economic Experts downgrades economic growth forecast for 2026 to 0.9%

Big brands from Disney to American Express are profiting from economic divisions and making them wider