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US President Joe Biden challenged G7 leaders to use their financial muscle to counter China’s rising global influence, declaring western democracies were “in a contest with autocrats”, reports the Financial Times. However, European countries were more cautious about antagonising Beijing, the paper notes, with Prime Minister Boris Johnson, the G7 summit host, declining to mention China by name at his closing press conference.

Financial Times Front Page 7th of November 2024

Donald Trump has achieved a significant political comeback by defeating Kamala Harris in the presidential election, raising questions about the future of America’s democracy and international alliances, while global markets react to concerns over tariffs.

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