International - Financial Times - Credit Squeeze

A pointless spat over deportation flights shows the destructive futility ahead

A world without rules is one in which the strong prey upon the weak

Also in today’s newsletter, Israel allows Palestinians to return to northern Gaza and investors offload record amounts of PE stakes

Nations turn to tactic used in US president’s first term when more bilateral agreements were signed

Plus stocks for 2025

There is more room for the Bank of England to loosen monetary policy than the market expects

US president’s policies are likely to push up dollar-denominated debt, hurting economies such as Mexico and Malaysia

Bogotá had turned back American planes carrying deported migrants

Industrial profits fall for third year as US trade tensions cloud economic recovery

Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort

World leaders gather in Poland on Holocaust memorial day, Fed and ECB make rate calls, and the Year of the Snake begins

Market Questions is the FT’s guide to the week ahead

It is time for the EU to get down to business

Marginal gains in the country’s strengths and weaknesses would go a long way

Many nations have been responding to Trump tariffs not by retaliating but by courting other trade partners

US withdrawal will make it ‘much harder’ to curb global warming, says André Corrêa do Lago

The president’s ultimatums and demands on allies and rivals suggest he will use America’s financial might as a cudgel

US president also says he would like to see interest rates fall ‘a lot’

US trade partners warn new measures would harm consumers in all three countries

Leaked policy proposal would give government option to exclude foreign companies from public contracts