Hello from the FT newsroom. One of the big stories this week is Joe Biden’s much anticipated announcement: he will run for a second term. If polls are to be believed, Biden will face Donald Trump who wants another shot at the White House despite his mounting legal troubles.
Our reporters in DC?analyse the emerging stand-off?and ask whether the 80-year-old president can defy unconvincing approval ratings to win a second term. Meanwhile, our US national editor Edward Luce?warns that Democrats should not be complacent.
- First Republic stocks have plummeted?after the bank revealed customers withdrew $100bn of deposits amid banking turmoil last month. In our award-winning Unhedged newsletter we take a closer look at what happened — and where the bank goes next.?(Free to read)
- French luxury empire LVMH has become the first company in Europe to be valued at more than $500bn. The landmark moment illustrates the remarkable resilience of the luxury sector, despite economic tumult.?But how long can the party last?
- How should asset managers respond to the industry’s worst year since the financial crisis??We speak to the new generation of chief executives about the challenges of juggling difficult markets, politics and regulation.
- As big powers flex their military might, cultural attraction may not be the geopolitical tool it once was. In this provocative column, international politics commentator Janan Ganesh argues that?soft power is losing its clout.?(Free to read)
- Russian warlord Yevgeny Prigozhin founded Wagner, a notorious private army accused of heinous human rights abuses — yet his family has long enjoyed a lavish lifestyle in the west. This investigation paints a fascinating portrait of?a charmed life beyond the reach of European sanctions.
- (If you’d like to read this piece for free, please?download FT Edit?and click on the “Editions” button. It will run on Saturday for US and Canadian readers)
- Is the counterfeit taboo over??TikTok users are navigating the cost of high-end fashion by promoting dupes of top brands. With research showing a growing acceptance of fakes, we hear from young shoppers about their “frugal flexing”.
PS?If you enjoyed the article on First Republic, you can sign up for our Unhedged newsletter and get it sent straight to your inbox for free for 90 days.?Use this link
CHAIRMAN/MD, INTERNATIONAL TRADING & INVESTMENT SERVICES (LANKA) PVT LTD
6 个月ON THE ROAD TO BE KICKED OUT OF THE WHITE HOUSE!!!!! THIS TIME HITECK IS GOING TO BE USED TO STOP THE DEMFARTS FROM VOTER ROBBERY!!!!
?Disrupter ??Visionary ??♀?Co-Founder & COO Ethical Trade Alliance ??Senior Leader Tony Robbins ??International Bestselling Author ??Global Speaker ??Mentor ??Founder of our Social Enterprise Femvestorsglobal?
1 年Joementia is just a puppet for the new world order. This is why he is still being paraded in the global media. If this was your grandad walking down the street, people would assume he's lost his way from his retirement home and arrange for him to be returned
management, marketing, design, finance, IT, administrative
1 年Medical companies have huge impact to the new future as JB does uses medicine to become a president and with all respect I do not believe the president who takes drugs as my experience with medicine is do not trust the modern medicine as also the doctor is only human. And I do not believe the leading behind the curtains I would like to know who are the doctors behind the JB president campaign as some drugs create emotions and those are not natural if caused by drugs. What medicine takes JB and what pharmacies are behind of his medication.
Independent Writing and Editing Professional
1 年Biden is only there because outlets like the FT are not doing their job. Hopefully, a new era awaits.
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1 年?? ??