International - Financial Times - Credit Squeeze

EU and allies clash with oil producers led by Saudi Arabia and Russia at COP30 as talks run overtime

Expected move by chancellor Rachel Reeves next week faces strong pushback from businesses

The diplomatic rift between Beijing and Tokyo is also a test of Washington’s appetite for engagement with the region

A focus on cutting interest costs only fuels home price inflation, hitting working families

Prediction markets reflect the uncertainty around what the Fed will do in December

The event saw a shift away from showy pledges to tackling the real world complexities of cutting emissions

Potential changes come as part of broader review into bloc’s landmark measure next month

Also in today’s newsletter, Trump’s Davos stipulations, and Vanguard’s warning

As the rift deepens between doves and hawks on the FOMC, we take a look at who have recently changed their minds

ECB chief accuses policymakers of six years of inaction as export-dependent model becomes defunct

Japanese government’s fiscal stimulus plans complicate December decision

India’s oil purchases from Russia are chokepoint between Washington and New Delhi

Also in this newsletter: EU strikes a metal and minerals deal with South Africa

US officials told organisers that President’s attendance in January depended on programme

‘Heightened sense of urgency’ as global steel production capacity to exceed demand by 38% by 2027

A policy projection would improve monetary policy transparency and reduce guesswork for businesses and investors

A new, less co-operative global era has begun

Tech official says Taipei willing to share lessons from its world-leading industrial model under trade deal

White House cites ‘initial progress’ in trade talks with Brasília as it battles discontent over cost of living at home

Also in this newsletter: the travails of Tata Motors Passenger Vehicles continue