International - Financial Times - Credit Squeeze

Also in today’s newsletter: China blocks Meta takeover of Manus and Sam Altman versus Elon Musk trial begins

Beijing threatens unspecified retaliation over fears that bill to strengthen bloc’s industry will hurt its companies

The FT’s guide on what to look out for in Tuesday’s session

Veteran executive Jay Chen, who helped build Japanese group’s China business, left after links to start-ups surfaced

Maybe never as high as we thought

Also in this newsletter: Could the Mercosur trade deal actually harm growth?

German nut and bolt maker reports stable demand despite facing one of the largest US levy rises in 2025

Negotiators accused US last year of using ‘bully-boy tactics’ to sink a UN-backed net zero framework for the industry

London seeks to repair US-UK links, monetary policy has a significant moment, and Big Tech and Big Pharma lead results

Excessive regulation is strangling Mark Carney’s efforts to kick-start economic growth, companies argue

The country’s habits and virtues are built for a prosperity it no longer enjoys

Poorer countries face a triple whammy of crises in fuel, food and remittances

Prices for the nuts have surged after disruption to export routes from Iran, a major producer of the nut

Production bottlenecks and uncertainty over US munitions funding weigh on stock prices for weapons makers

Kevin Warsh was not ready to disagree with Donald Trump in front of the Senate banking committee

The US provided Argentina with a $20bn swap line, but similar offerings to Gulf and Asian allies would face constraints

Follow the latest impact of tariffs amid the president’s ongoing trade war

The law of one price is in retreat — with major consequences for profits, inflation and innovation

But the central bank will pause in June amid Iran uncertainty

Better than expected figure underlines impact of Middle East conflict