‘We’re in a really, very harmful world proper now’

[ad_1] Mitch McConnell is standing in his workplace smiling. Hanging on the partitions are faces, largely stern, from Washington’s previous. McConnell’s portrait may quickly be a part of them. Final month, the Republican chief within the US Senate stepped down from the position he has held for longer than anybody in US political historical past. … Read more

Precisely predicting the subsequent crash is unattainable

[ad_1] Hari Seldon was a genius. He developed mathematical fashions that precisely predicted modifications in mass behaviour. Sadly, Seldon was merely a creation of the sci-fi author Isaac Asimov. In any other case, his algorithms would inform us when the subsequent market crash would happen. Actual-world prophets are more and more satisfied US equities are … Read more

Qatar’s $500bn wealth fund targets larger offers as LNG windfall looms

[ad_1] Qatar’s $500bn sovereign wealth fund is getting ready to deploy its money extra aggressively forward of a petrodollar windfall that would finally double its measurement. Mohammed Al-Sowaidi, the Qatar Funding Authority’s new chief government, informed the Monetary Occasions the fund anticipated to “do bigger-ticket offers” and make investments with “extra frequency” because it launched … Read more

US shares rally set to sluggish as investor ‘euphoria’ fades, say large banks

[ad_1] Keep knowledgeable with free updates Merely signal as much as the US equities myFT Digest — delivered on to your inbox. Wall Avenue banks are betting that the blockbuster rally in US shares will cool subsequent 12 months as buyers flip cautious on know-how corporations’ capacity to revenue from their large investments in synthetic … Read more

The division of flags: Syrian rebels lay naked Assad’s corrupt state

[ad_1] The frames that held Bashar al-Assad’s portraits on the partitions of the Damascus governorate constructing at the moment are naked. As an alternative, the photographs function doormats for guests and workers to trample as they stroll in — a reminder that they’re in a brand new Syria. Shattered glass, damaged furnishings and a crumpled … Read more

BlackRock’s billionaire bonanza

[ad_1] Unlock the Editor’s Digest at no cost Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. BlackRock has purchased a bonanza of billionaires. Now comes the problem of conserving them in line. The world’s largest asset supervisor has been on a $28bn acquisition tear, snapping up two of the … Read more

SpaceX’s valuation soars to $350bn in worker share deal

[ad_1] Unlock the Editor’s Digest without spending a dime Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. Elon Musk’s SpaceX has been valued at $350bn in a brand new deal to buy workers’ shares, making the rocket and satellite tv for pc maker the world’s most precious non-public start-up. … Read more

Trump picks FTC commissioner Andrew Ferguson to chair competitors watchdog

[ad_1] Donald Trump has picked one of many commissioners on the US’s competitors watchdog to exchange Lina Khan as its subsequent chair. The president-elect introduced Andrew Ferguson as his option to chair the Federal Commerce Fee, describing him in a Reality Social put up on Tuesday night as having a “confirmed file of standing as … Read more