International - Financial Times - Credit Squeeze

Our March scenarios look at how central banks would react to a short conflict — and to a long one

Hormuz shutdown goes against the grain

Also in today’s newsletter: Pentagon blocked from punishing Anthropic and what the energy crisis means for your money

Also in this newsletter: Europe races to fund fusion

From Minnesota to Punjab, fertiliser costs are up and harvests are set to be hit

Capital-intensive industries matter in the age of the Halo trade

Tehran suggests system of charging fees and limiting passage to ‘non-hostile’ ships could endure beyond the war

As central bankers tread the line between controlling inflation and avoiding economic stagnation, investors face tough decisions

Surveys show growing pessimism, as OECD forecasts biggest hit to growth in the G20

Bank governor says regulatory changes and reduced stigma around lending tools could allow a gradual reduction in assets

Repeat offenders could have their websites blocked in new customs rules aimed at curbing glut of cheap Chinese goods

President’s remarks come after judge called the investigation an attempt to coerce Fed chair to lower interest rates

A supply chain crisis will hit ordinary Americans with higher prices at a time when they are already feeling stretched

Japanese supplier to produce advanced sensors for smartphone cameras

Industry that benefited from president’s cuts to regulation and green policy is wary of unpredictability

The case against membership of the single currency looks much less clear-cut than it did in the 1990s

European parliament had delayed vote during Greenland crisis

Outlook underscores economy’s exposure to conflict through reliance on energy imports

Sluggish private R&D spending across Europe is hurting competitiveness, data suggests

Donald Trump set to meet with top industry figures in critical political constituency