News

European leaders rallied around Volodymyr Zelenskyy after his spectacular Oval Office bust-up with Donald Trump, but the rift between Kyiv and Washington leaves Europe with agonising choices about how to prop up Ukraine. Friday’s confrontation, where the US president accused the Ukrainian leader of “gambling” with a third world war, caused consternation in European capitals

Donald Trump has accused Volodymyr Zelenskyy of “gambling with world war three” as the US president cut short the Ukrainian leader’s long-sought meeting in the White House and told him to return “when he is ready for Peace”. In a joint appearance in the Oval Office on Friday, the two leaders clashed even before the

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has specialised in heaping scorn on America’s traditional allies since arriving in the White House, but on Thursday he adopted a strikingly new approach: lavishing praise on a “fantastic” Britain and

Donald Trump said he is working on a trade deal with the UK and suggested that Britain could escape tariffs if the countries secure one, but the allies failed to agree on US security guarantees for Ukraine. During a warm joint press conference at the White House on Thursday, the US president said his UK

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The problem with the future is that it hasn’t happened yet. Betting on companies whose value largely resides in educated guesswork is therefore not for the weak of stomach. Nvidia, Palantir, AppLovin and MicroStrategy —

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Once upon a time, before everything else happened, Donald Trump’s defining obsession could be measured in billions. Whether the billions were real never seemed to matter much. “Donald’s verbal billions were always a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP will spend $10bn a year on producing more oil and gas, slash its spending on renewable energy and sell $20bn of assets as it tries to revive its share price and respond to pressure

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer told MPs on Tuesday that Britain was confronting a “world where everything has changed”, as he shredded the country’s overseas aid budget to fund a rearmament programme not seen since the cold

Despite the air of gloom hanging over China’s property market, work is well under way at a construction site in the north-west of Beijing. Yellow and green cranes nestle among the scaffolding, while lines of crushed limestone trail across the upturned earth. Backed by private developer Longfor, projects like this have helped power the world’s

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Volodymyr Zelenskyy has said for the first time that he is willing to step down as Ukraine’s president if the move secured Nato membership or lasting peace for his country. “If it brings

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Warren Buffett has sought to reassure Berkshire Hathaway shareholders that he would always prefer owning businesses, after his move to dump stocks and the lack of a big acquisition helped drive the group’s cash pile

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Sir Keir Starmer will next week try to sell his contentious Chagos islands deal to US President Donald Trump, amid a growing dispute over the rationale for an agreement affecting the US-UK military

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Philippines’ top diplomat has said he is “deeply disturbed” by a close encounter between a Chinese military helicopter and one of the south-east Asian country’s fisheries aircraft over a disputed shoal in

Donald Trump’s “minerals-for-aid” offer to Ukraine last week has put the spotlight on the country’s vast and rare mineral resources, to which Washington wants rights as payback for past military support. Ukraine has large underground deposits worth up to $11.5tn of critical minerals, including lithium, graphite, cobalt, titanium and rare earths such as gallium, that

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The EU must be involved in negotiations with Russia over the end of the Ukraine war in order to map out Europe’s future security architecture, the bloc’s president has said. The call comes

Ukrainian President Volodymyr Zelenskyy has rejected a US bid to take ownership of around 50 per cent of the rights to his country’s rare earth minerals and is trying to negotiate a better deal, according to several people familiar with the matter. Treasury Secretary Scott Bessent offered Zelenskyy the deal during a visit to Kyiv

The US has asked European capitals to provide detailed proposals on the weaponry, peacekeeping troops and security arrangements they could provide Ukraine with as part of any security guarantees to end its war with Russia. The request was sent to capitals this week, four western officials briefed on the document told the FT. It came

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The UK government has refused to disclose details of a meeting between American billionaire Peter Thiel and a former minister on the grounds that doing so could harm “diplomatic relations” between Britain and

Emmanuel Macron has described Donald Trump’s return as an “electroshock” that should force Europe to secure its own future as well as Ukraine’s. In an interview at the Élysée Palace shortly after Trump agreed with Vladimir Putin of Russia to hold imminent peace talks, the French president championed the need for Europe to “muscle up”

European capitals have responded with shock and alarm at both the EU and Kyiv being cut out of the talks to end the war in Ukraine. US President Donald Trump’s unexpected decision to begin immediate bilateral peace talks with Russia’s Vladimir Putin has stoked the continent’s deepest fears over the terms of any deal —