Financial Times Front Page 12th of November 2024
European Union countries plan to significantly increase their defence spending, as heightened geopolitical tensions follow the recent US election outcome.
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Elsewhere, the Financial Times reports that Sanjeev Gupta will inject £50m in new funding into his UK steel plants, ending months of uncertainty for 3,000 workers. Mr Gupta has agreed to a key financial restructuring of his Australian steelworks, providing some “much needed breathing space” for the steel magnate, the paper says. His global metals and energy empire, GFG Alliance, was forced to find funding after its key lender, Greensill Capital, collapsed earlier this year.
Financial Times Front Page 11th of November 2024
Bitcoin has reached a record high of $80,000 as traders speculate on supportive policies from the Trump administration, with expectations of looser regulations benefiting cryptocurrencies.
Financial Times Front Page 9th of November 2024
US stock markets are experiencing significant growth, raising concerns among experts about a potentially overheating economy due to fears of inflation and the possible reversal of trends under certain policies.
Financial Times Front Page 8th of November 2024
Joe Biden called on Americans to reduce political division and promote unity, urging acceptance of the election results and emphasising the importance of a smooth and peaceful transition of power.