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Vladimir Putin is cruising to victory in Russia’s presidential election, cementing his rule for another six years amid his invasion of Ukraine and brutal suppression of dissent. The result of the three-day election ending on Sunday is a foregone conclusion after the Kremlin outlawed all criticism of Putin or the war and blocked any opposition

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu has lashed out at sharp criticism from western allies of Israel’s strategy in Gaza, accusing them of seeking to orchestrate elections that would “paralyse” the country and lead to its defeat in the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taiwanese security experts and retired military officials close to the opposition Kuomintang have called for drastic reforms to make the country’s energy sector less vulnerable against a Chinese attack. A war game conducted by the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nato’s European members need to find an extra €56bn a year to meet the alliance’s defence spending target, but the shortfall has halved in the past decade, according to research by Germany’s Ifo Institute for

A below-the-radar trip to Venezuela by Boris Johnson to meet autocratic president Nicolás Maduro was arranged by a hedge fund manager interested in normalising diplomatic relations between London and Caracas, according to people familiar with the matter. Former JPMorgan banker Maarten Petermann, co-founder of London-based Merlyn Advisors, organised the former UK prime minister’s visit by

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. The UK government’s top infrastructure adviser has hit out at a drive to push pension schemes to invest more in Britain, saying there is “no reason” funds should have a home bias. Sir John Armitt,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prime Minister Rishi Sunak has ruled out calling a general election in May, dashing the hopes of opposition MPs who believed there could be a new UK government by the summer. Sunak told ITV news

The working day for MPs in the House of Commons chamber has been shorter on average this parliamentary session than in any other in the past quarter century, according to a Financial Times analysis. Prime Minister Rishi Sunak has been accused of presiding over a “zombie parliament”, with opposition parties arguing the relative shortness of

The US has held secret talks with Iran this year in a bid to convince Tehran to use its influence over Yemen’s Houthi movement to end attacks on ships in the Red Sea, according to US and Iranian officials. The indirect negotiations, during which Washington also raised concerns about Iran’s expanding nuclear programme, took place

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has stepped up drone strikes on oil refineries deep inside Russia, in what officials depict as an intensifying effort to hit the country’s economy. In the second consecutive day of assaults on Russian

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US national security adviser Jake Sullivan has warned the Israeli government against “smashing into Rafah” as the Biden administration underlines its opposition to the planned assault on one of Gaza’s biggest cities. The US was

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation increased unexpectedly to 3.2 per cent last month, in data set to be scrutinised by the US Federal Reserve as it decides when to reduce interest rates. Economists polled by Bloomberg had expected

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Brussels is pushing to give Ukraine €2bn-€3bn this year from profits derived from Russia’s frozen assets, accelerating the funding plan as US financial support to Kyiv wanes. The European Commission is preparing a plan,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Telegram has 900mn users and is nearing profitability, according to the owner of the secretive messaging app, as the company moves closer to a potential blockbuster stock market listing. Pavel Durov told the Financial Times

Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. Americans are increasingly happy about the economy but reluctant to give credit to Joe Biden, according to a new poll that underscores the US president’s challenges as he squares off against Donald Trump in this

Over a 40-year career, Scott Melbye watched the US uranium industry fall from its position as the world’s leading producer of the radioactive ore that powers nuclear reactors to an also-ran with negligible production. Now, the president of the Uranium Producers of America is leading an industry charge to revive mothballed mines and invest in

The US has widened its productivity lead over Europe, sparking fears in the EU that it faces a “competitiveness crisis” as policymakers call for greater public and private investment. New data released on Friday showed eurozone productivity fell 1.2 per cent in the fourth quarter from a year earlier, while in the US it rose

Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. Top central bankers in Europe and the US have moved closer to declaring victory over the biggest inflation surge for a generation, with new data giving policymakers confidence they can cut rates by the summer.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sterling is the only major developed world currency to strengthen against the dollar this year, driven by a stronger than expected UK economy and growing hopes of imminent US interest rate cuts. The pound climbed

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. [embedded content] Joe Biden called on Congress to “stand up” to Russian President Vladimir Putin as he opened his annual speech to Congress with a plea to support Ukraine and criticism of Donald Trump for