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 with the fallout from the collapse of cryptocurrency firm FTX, as other platforms exchanging traditional money for decentralised digital currencies “rushed to reassure clients their money was safe”. The paper says the firm’s bankruptcy has “plunged the industry deeper into a crisis of confidence” after a crash over the summer, leading to traders pulling billions from the wobbling market.
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.