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China announces record trade surplus despite Trump tariffs
China announced record export numbers for 2025, a year when US President Donald Trump’s tariffs and trade policy caused turmoil in the global economy. Beijing on Wednesday reported the world’s largest-ever trade surplus – the value of goods and services sold overseas compared to its imports – at $1.19tn (£890bn). It’s the first time China’s…
The French university where spies go for training
BBC The course attracts both typical early 20s students and French government spies on day release University professor Xavier Crettiez admits that he doesn’t know the real names of many of the students on his course. This is a highly unusual state of affairs in the world of academia, but Prof Crettiez’s work is far…
G7 stands ready to release emergency oil reserves
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. G7 finance ministers said they would take the “necessary measures” to tackle the surge in oil prices but stopped short of agreeing on a release of strategic petroleum reserves after an emergency meeting on Monday. In…
Pubs to get support package after business rates backlash
Pubs and music venues in England will be given a 15% discount on their business rates bills from April and will not see increases for two years, the government announced. Treasury Minister Dan Tomlinson said the three-year package was worth £1,650 for the average pub. It comes after a backlash against November’s Budget, which left…
Amazon crash: Firm pauses work with cargo carrier after fatal incident
Last week, Miami authorities identified the five people who died as Rolando Aleman Leon, 55; Yoel Rodriguez Naranjo, 53; Julio C Pineda, 75; Carlos Acosta Fajardo, 53; and Javierkys Reyes Quevedo, 47. Five others were also injured. “Our deepest condolences are with the families and loved ones of those who lost their lives,” 21 Air…
