Britain a haven of calm for bond markets compared to US and France

As Labour implements its ‘growth’ agenda, Rachel Reeves will be guided by one overarching thought. As a former Bank of England economist, she knows more than most that the formidable power of the vigilant bond market – investors intent on intimidating errant governments for their own gain – must be her guiding light. If Liz … Read more

Spotted | Lidl-Trek uses prototype automatic chain washing machine during the Tour de France

We spotted the Lidl Trek team at the 2024 Tour de France with a prototype of an automatic chain washing machine. The device – made by Belgian brand Cyclowax – is considered the ‘holy grail’ of chain immersion waxing, as it can wax a chain without removing it from the bike. The device, which looks … Read more

This jewelry trick is being used to scam tourists at holiday destinations in Europe

HOLIDAYMAKERS have been warned about a popular scam targeting visitors to popular tourist destinations in Europe. Whether you visit the Eiffel Tower or the Trevi Fountain, it is crucial that you are aware of the different dangers and how to avoid them. Tourists visiting Paris this summer for the Olympics or flying to Italy for … Read more

The jewelry trick in which tourists at European holiday destinations are cheated out of money

HOLIDAY MAKERS have been warned about a popular scam targeting visitors to popular tourist destinations in Europe. Whether you are visiting the Eiffel Tower or the Trevi Fountain, it is essential that you are aware of the various dangers and how to avoid them. 2 Tourists visiting Paris for the Olympics this summer or flying … Read more

The EU’s economic war against Le Pen

Moreover, in 2022, despite the phasing out of its pandemic emergency purchasing programme, the ECB launched a new “anti-fragmentation instrument”, the Transmission Protection Instrument, which was explicitly aimed at keeping spreads under control by allowing the central bank to to buy government bonds from countries. countries whose interest rates vary excessively due to speculation. What … Read more

Week ahead: Round one for Biden versus Trump and the early elections in France

This article is a local version of our The Week Ahead newsletter. Subscribers can sign up here to receive the newsletter every Sunday. Discover all our newsletters here Hello and welcome to the work week. Ding ding. Take your chances for the first debate of the US presidential election on Thursday – although with President … Read more

Historian warns America could face destruction because of controversial policies both Biden and Trump have supported

Harvard history professor Niall Ferguson warns the US is facing the same decline in dominance that came before Spain, France and Britain

America’s status as the world’s greatest power will end for the same reason its predecessors did: crushed by a mountain of debt that politicians can easily ignore, historians warn. And the United States’ century at the top could come to an end sooner than expected, with countries in Asia increasingly likely to pull the plug. … Read more

France leads the pack for funding generative AI in Europe | TechCrunch

Digital generated image of abstract AI data chat icons flying over digital surface with codes

Love it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with the rollout of viral services like ChatGPT and billions in funding, may have absorbed the lion’s share of attention and money so far. But according to a new report from top VC Accel and Dealroom … Read more

A victory for the far right in France could trigger a Liz Truss-style debt crisis, the finance minister warns

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. France’s finance minister has warned that the country could face a debt crisis similar to the turmoil in the British government bond market under former Prime Minister Liz Truss if the far-right Rassemblement National wins … Read more