International - Financial Times - Credit Squeeze

Traders had been expecting cartel to postpone plan to boost output

And strong earnings

‘Blueberries for Sal’? More like ‘no berries on sale’

Fees charged to transform ore have fallen to all-time lows as Glencore halts operations at Philippines plant

S&P expects higher bond issuance to push stock of long-term debt to $76.9tn

Punitive import duties will neither reduce the US trade deficit nor boost employment in manufacturing

As western governments dramatically scale back budgets, remaining funding is likely to be a more obvious tool of geopolitical interests

Highlighting businesses that have achieved rapid revenue growth despite a difficult economic environment

SK Group, Posco and Lotte are merging or selling business units to streamline operations and raise cash

US stocks fall sharply after president vows to press ahead with levies

Also in this newsletter: Amazon to pay damages for copyright violation and the latest economic metrics

China ‘more open’ to foreign business than the west, says executive vice-president Stella Li

Grocery price growth highlights persistent pressure on living costs

Taiwanese company’s overture to Trump administration marks effort to ward off tariffs on imports

Data fuels fears economy is losing momentum as tariffs loom

China, not the US, may be the key to tackling climate change

In the US president’s mind, the trade instruments blur into one another

Central bank expected to reduce interest rates by 250 basis points when it meets on Thursday

Drop will bolster ECB rate-setters’ confidence in cutting interest rates this week

Also in today’s newsletter, crypto prices jump, and the Oscar winners