The fallout
People stand before destroyed buildings at the site of the Ahli Arab hospital in central Gaza on October 18 | SHADI AL-TABATIBI/AFP via Getty Images

The fallout

Hello from the FT newsroom, where we are closely following war in the Middle East. Our colleagues are reporting from Jerusalem, Gaza, Tel Aviv, Cairo, Washington and beyond — and will continue to do so for the weeks and months to come.

Diplomatic efforts have stepped up this week in a bid to contain the conflict. Speaking in Tel Aviv yesterday, US president Joe Biden urged Israel against becoming “consumed” by rage following deadly assaults by Hamas,?and to avoid Washington’s post-9/11 “mistakes”.

Biden’s visit was overshadowed by a devastating explosion at Al-Ahli Arab hospital on Tuesday evening. As the Israeli military and Gaza’s militant groups traded blame — Hamas blamed Israeli strikes but Israel and the US pointed to a misfired rocket by Palestinian militants — the tragedy underscored the dangerous reality for Palestinian families in the strip. A volunteer described the scene as “a sight that will remain?.?.?. if I live a thousand years”.

My choices this week

  1. Donald Tusk will return as Poland’s prime minister after a stunning electoral victory last weekend. Voter turnout hit a record-high as the pro-European coalition defeated the ruling right-wing Law and Justice party. But the road ahead for Tusk is far from straightforward.?
  2. Lego, in all its colourful glory, is one of Europe’s biggest corporate success stories of the past decade. Having just quietly completed a family ownership transition, the brick behemoth has huge ambition and sales are booming. Can it keep growing? (If you’d like to read this story for free, you can, on our FT Edit app. Download it here.
  3. It is “nearly unavoidable” that artificial intelligence will trigger a financial crisis within a decade, Gary Gensler, chair of the US Securities and Exchange Commission, told the FT last week. But shaping AI regulation would be a tough task for US regulators, he predicted. (Free to read)
  4. “If he is elected, he will have to be a different character or there will be an institutional crisis,” one senior diplomat said of Argentina’s possible next president. Eccentric libertarian Javier Milei is ahead in the polls; our reporters explore what he might do if he wins Sunday’s election, and just how disruptive it could be. (Free to read)
  5. The US bond market — the world’s most crucial benchmark market — is on an unpredictable journey with an uncertain destination, writes Mohamed El-Erian. While short-term causes of recent fluctuations can be explained, the market risks losing its longer-term strategic anchors too.?
  6. Undercover private investigators, a crypto-trading cruise, and a plot to kill: this week’s FT Magazine cover, by head of investigations Paul Murphy, is a gripping tale that has it all.

Thanks for reading,

Roula

PS Don’t miss our sale. Editor’s Digest readers can click here to see our special, limited-time offer on annual?subscriptions.

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Marshal Ma

MD, Link China Pharma Solutions; VP, Strategic Alliance & BD, Medicilon UK/EU Office

1 年

Latest figure shows UK economy shrinks in third quarter, with inflation pressure still around despite consecutive rates hiking by BoE in the past year, a high school student competition essay predicted stagflation of UK economy nearly twenty-two months ago might become reality in the coming year. Wish the only decent working man in the current tory government can play magic to steer the UK economy out of recession. Please click the link to read the high school student competition essay: https://www.dhirubhai.net/pulse/does-inflation-matter-current-upturn-transitory-marshal-ma/

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Robert Sultani

Partner at Silverbear Capital Inc. with RCS Global Services | Leading Global Business and Project Development in Energy and Mining

1 年

I will share a post from a source that is running both sides of the Israel Conflict Israel was created free in 1948 but their contract as an independent sovereign nation expires at the end of October 2023. They are registered as a corporation address is next to Kensington palace. That means that the timing of the war is completely planned strategically to coincide with the time that they could be dissolved with the rest of the central bankers And all the other bankrupt corporations. So that finally clears up the q meaning of Israel will be last. They had to wait until this contract was dissolved, transferring Israel from a sovereign state back to a corporation before they could invade and have full capitulation. I hope this finds you more informed than thinking there was a real war occurring.

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Qadeer Raza Mughal

Accounts Manager at KENZA Mahmoud Jewellery LLC. AML Compliance Officer, Advisor Odoo ERP, Quick books expert, team player, Accounts Management

1 年

Now the responsibility of the Governments of all Muslims countries, they should be on a page, otherwise they will be answerable the day of judgement in front of Almighty. We have to play our role to highlight the issue of Palestine in front of all the world specially to our rulers nothing will be happen they should take stand.

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