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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Liz Truss is facing mounting pressure from Tory MPs to rewrite last month’s mini-budget of £43bn in tax cuts. Reporting on her Tuesday meeting with the backbench 1922 committee, the Financial Times quotes one MP describing the mood as “horrendous” and they were “shocked at how brutal it was”. At the meeting, the prime minister admitted the mini-budget has been rushed and the “ground could have been prepared better”.
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.