FirstFT: Today’s headlines | Financial Times

FirstFT: Today’s headlines | Financial Times

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Israeli opposition leaders have agreed Form a government This may end Benjamin Netanyahu’s 12-year rule as prime minister of the Jewish state.

This coalition across the political spectrum-from the far-left Meretz Party to the ultra-nationalist Yamina, supported by the centrist Yesh Atid-was finalized on Wednesday after days of frantic negotiations An agreement was concluded.

The so-called change of government will be supported by Ra’am, an Islamic political party that is playing a decisive role after failing to achieve clear results in four elections within two years. This is the second time in Israel’s history that an Arab party has played a role in the Zionist government, and it is also the first time to formally join the coalition.

This different group has a common goal: to remove Israel’s longest-serving prime minister, Netanyahu, who is currently undergoing a corruption trial. Netanyahu denies all allegations.

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In the news

The U.S. imposes a $2 billion tariff threat on digital taxes U.S. has Threatened to impose tariffs on $2 billion The value of goods from the United Kingdom and five other countries, as they debate how to tax technology companies, is likely to reignite the transatlantic trade war unless the parties resolve difficult negotiations on broader international tax treaties.

After using popcorn to attract traders, “Meme stock” AMC soared Asset Management Shares Received 95% From Wednesday morning to $62 per share, the stock price soared after the company promised to provide investors with free popcorn. This is the latest example of how the “memetic trading” frenzy has swept across Wall Street.

Biden rebuked Putin for invading meat processor JBS Joe Biden will Reprimanding Vladimir Putin The White House said on Wednesday that when the two presidents met later this month, the world’s largest meat processor, JBS, was under a cyber attack, and the United States does not rule out retaliation for suspected perpetrators of a Russian criminal group.

Burning container ship begins to sink in Sri Lanka waters A container ship full of chemicals has been on fire for nearly two weeks Start sinking The coast of Sri Lanka has raised concerns about serious environmental disasters.

The MV X-Press Pearl ship sank while being towed into the deep sea near the port of Colombo, and smoke rose from the ship © via REUTERS

China’s economic boom leads to power shortages China’s runaway economic recovery was so successful that Power shortage Dozens of manufacturing and industrial centers spread across the southern part of the country. Some factories have even been ordered to close for one to three days a week to reduce shortages.

Credit Suisse plans to file lawsuit against SoftBank Credit Suisse is Prepare for litigation According to people familiar with the matter, after the collapse of Greensill Capital, the relationship between SoftBank and SoftBank deteriorated.

  • Related Reading: Trafigura Warned Credit Suisse last year According to three people familiar with the matter, the bank’s supply chain finance fund appears to contain suspicious invoices from the business empire of industrialist Sanjeev Gupta.

China-backed Asian Investment Act opens doors to Myanmar’s military government for loans Joachim von Amsberg, deputy governor of the Asian Infrastructure Investment Bank, told the Financial Times that although the bank does not have any new Myanmar projects under consideration, it does have one. A framework for dealing with “de facto government”.

the day before

G7 Health Ministers Meeting Participants will gather at Oxford University to discuss global health and safety issues, including antimicrobial resistance, clinical trials and digital health.India is one of them Invited to participate in a virtual meeting. (Hindustan Times)

St. Petersburg Forum This Annual meeting Starting Thursday was the country’s response to Davos. This used to be a regular appointment between American and European executives, officials and heads of state, but recently, as the list of high-profile foreign attendees has dwindled, it has become a barometer of the deterioration of relations between Russia and the West.

What are we still reading

Why central bankers no longer agree on how to deal with inflation After years of setting interest rates based on inflation forecasts and seeking to reach a target of around 2%, major monetary authorities around the world are Adopt different epidemic strategies. This is the second part of a series about whether it is possible Inflation is back.

Annual inflation rate (%) The line chart shows that the central bank responds to price pressures

Football looking for “Asian fans” the concept of”Asian fans“It is prominent in the business plan to try to break away from the European Premier League. Its dizzying predictions of audiences in the world’s most populous continent are seen as the driving force of the initiative. But it failed to understand the Asian market and local fans. power.

Durian fruit, redeem Durian is a large green rugby-shaped fruit that is native to Malaysia, Indonesia and Brunei. The “King of Fruits” weighs 4 kg and is covered with spikes Reclaimed by Asian chefs and writers After being ridiculed in the West for its peculiar smell for a long time, it serves as a symbol of belonging.

Scottish companies scramble for the planes of Indian National Airlines A Scottish company with only 180 employees hijacked the plane of the National Airlines of India, which seems unlikely.But Kane Energy is seeking authority to do this The latest turning point in the legal battle Oppose the Indian government that spanned three continents and lasted for seven years.

Windfalls in poor countries are within reach The world is about to reach an agreement on the establishment of a special drawing right of up to 650 billion U.S. dollars in the International Monetary Fund. It is possible to redistribute part of the proceeds to global purposes, and most importantly, to help low-income countries restore their prospects of being hit by the pandemic. Must seize this opportunity, Martin Wolf writes.

International Monetary Fund logo

Martin Wolf: High-income countries can help by providing loans to their IMF Special Drawing Rights © James Ferguson

Artificial intelligence prompts competition for healthcare data Covid-19 has given the healthcare community a glimpse of the promise of artificial intelligence, forcing national and commercial health systems to rely on telemedicine and real-time dashboards to spot urgent needs. We see people eager to get medical data and let AI relax, Writes Master Brooke.

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