International - Financial Times - Credit Squeeze

FT-Booth Survey shows scepticism of productivity gains forecast by Trump’s pick as next Fed chair

Narendra Modi’s government pushes historic opening of traditionally insular economy

French ideas are often in the ascendant in EU policy-making just as the country’s government grows weaker

Agreement follows détente between Donald Trump and Indian Prime Minister Narendra Modi

US, EU and China compete for South American nation’s vast deposits of the critical minerals as trade tensions loom

We cannot know what the next dominant currency regime will be because all regimes are different

Poor results prompt warning that France’s traditional strength in agriculture has faded

Also in today’s newsletter: Big Tech’s ‘breathtaking’ spending spree and how climate change is leading to a reappraisal of the Winter Olympics

Economists can have a little marginal gain, as a treat

Rules for dining from the world’s foremost foodie economist

Central bank awaits stronger evidence that inflation is on track to fall to 2% target

Decision follows signs of stronger growth in Eurozone economy

Central bank kept its statements bland, giving no indication of any change in rates

Also in today’s newsletter: More questions about Goldman’s Ruemmler and her links to Epstein and the return of Dr Zhivago-style hats

In monetary matters, the EU must live up to the current geopolitical moment

Arrival of new vessels ordered during boom times and the reopening of Red Sea route hits freight rates

... but already it was impossible to say which was which

Also in this newsletter: EU ports hit by illegal fishing paperjam

Economists say Beijing likely to trim national goal for GDP increase to 4.5-5% this year

Plea illustrates dilemma facing government as it attempts to overhaul increasingly expensive system