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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The Financial Times leads on the Bank of England telling investors that its bond-buying plan to stabilise pensions will end on Friday, despite the pensions industry calling on it to extend the emergency measure because of concerns that funds do not have enough time to shore up portfolios against further shocks. The paper quotes a financier at an asset management firm saying the problem in the pensions industry was “much bigger than anyone thought a week ago”.
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.