Trump pledges to intervene as Thailand-Cambodia conflict flares
US president says he will ‘make a phone call’ after collapse of July truce he brokered
US-Indonesia trade deal at risk of collapse
Washington believes Jakarta is reneging on terms of agreement signed in July
IMF calls on China to fix economic ‘imbalances’
Warning comes as EU companies complain ‘undervalued’ renminbi is aiding China’s exporters
South Korean CEO quits after huge online data breach
Nearly two-thirds of Koreans were affected by the attack on the country’s biggest online retailer Coupang
More good(ish) news on employment
Plus, don’t buy the dip
FTAV’s further reading
Scott Bessent; testing Marx; archaeology; the Matilda Effect; WarCraft II
Transcript: The Wolf-Krugman Exchange — America vs. the world
Martin Wolf talks to Paul Krugman
‘Vital’ EU-Mercosur trade deal hangs in the balance days before deadline
Also in this newsletter: European ministers meet to discuss migration and human rights
Private equity may regret inviting in mom and dad
Private equity wanted democratization. The courts may deliver it.
FirstFT: EU races to bypass Orbán on Russian assets
Also in today’s newsletter: Fed chair race, and renminbi ‘heavily undervalued’
Transcript: Australia is first country to ban social media for children
Marc Filippino talks to Nic Fildes and Ian Smith
FT Health: Communicable Diseases
Tuberculosis rethink; fears for HIV progress; AI potential against resistant bacteria; UK boosts wastewater tests; rebuilding immunity to superbugs; insect-borne diseases threat; Chagas disease explainer
The story behind Liz Truss’s new private members club
Plus, the law firm that sued over Musk’s pay faces a revolt and a bank scandal sends shockwaves through Brazil’s finance sector
Netflix’s WBD bid is an antitrust drama without a villain
Expect lawyers to home in on the definition of ‘relevant market’ that best suits their argument
EU races to bypass Orbán on Russian assets before summit
Move to outvote Hungary this week would indefinitely immobilise Moscow’s sovereign assets
Meloni’s party seeks to double limit for cash payments in Italy
Opponents of proposal to increase cap to €10,000 say it would reward tax evaders and illegal business
Are UK museums turning American? The Serpentine’s CEO thinks it’s the future
As the London gallery announces a new £200,000 prize, Bettina Korek welcomes US-style fundraising
Why we should give our heirs their inheritance sooner
Think of it as an early Christmas present
JPMorgan and Fidelity among firms funding UK drive to lure people to invest
Banks and asset managers back government campaign to boost retirement pots and funnel money into economy
Biotech rally mints huge profits for hedge funds
Wave of M&A fuels rally as big pharma groups hunt for blockbusters ahead of patent cliff
‘We’re all in’: How Jamie Dimon lured a Warren Buffett protégé to JPMorgan
Todd Combs rose from a Florida state university to Berkshire Hathaway before taking the helm of a new $10bn security fund
Prep-ahead party snacks to get you through the festive season
All you need for Christmas is Honey & Co’s scones, biscotti, sesame snaps and candied nuts
Did the Black Death flow from a volcanic eruption?
Empires beware — when nature goes rogue, the political consequences can be devastating
Should we give our children powers of attorney?
Most of our friends are doing it