Today’s agenda: French urge to euro as a global reserve currency; Zuckerberg’s Macho-Man Makeover; Bitcoin Hamarders; and Mozambique’s National Park Renewal
Good morning and welcome back to Firstft. Donald Trump said that there could be new conversations with Iran in the “near future” and that he would decide whether he would join the attack of Israel on the land.
What we know: Trump seemed to indicate that he delayed his decision about entering the war, even if American military assets were sent to the region. The US President’s statement said yesterday that there was a “substantial chance of negotiations that may or may not take place with Iran in the near future”. The White House also confirmed that the US had kept its negotiations with Tehran open during days of rocket changes between Iran and Israel.
What happens afterwards: The possibility of more American Iran negotiations comes when Great Britain, France and Germany are preparing to have conversations with the Iran Minister of Foreign Affairs today in Geneva, as part of a push to prevent escalation of the conflict. The meeting, a revival of the “E3” format, including the trio has tried to resolve Iran’s impasse with the West, will be the first face-to-face diplomacy with Tehran since Israel launched his attacks on Iran a week ago. Here is more of our coverage:
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Iraq war parallel: The shadow of the Wapendebacle of Mass Destruction Intelligence two decades ago hangs over Trump while he considered whether he should bomb Iran.
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Military briefing: Hubris and miscalculation blew apart from Tehran’s decades old ‘no war, no peace’ doctrine when Israel’s hunger grew to risks.
This is what we keep an eye on today and at the weekend:
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Economic data: The European Central Bank publishes its economic bulletin, while the UK reports on finance in the public sector. The American conference board publishes leading indicators.
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Luxembourg: The Economic and Financial Affairs Council meets to discuss the expansion of the euro area and the EU’s response to the conflict in Ukraine.
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France: The Paris Air Show opens to the public today and runs until Sunday.
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UK: Climate action week starts tomorrow in London.
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Results: Accenture and Berkeley Group Report.
How well did you keep the news this week? Take our quiz.
Five more top stories
1. Exclusive: France has lobby EU countries to promise additional measures to increase the profile of the euro as a global reserve currency, As part of the Paris campaign for more joint loans. The push was inspired by Trump’s whimsical policy, which weakened the dominance of the dollar and opened the space for the currency of the block to become more attractive for international transactions.
2. China and Russia are “equal in terms of cyber threat” to Europe When it comes to the government sponsored by the government, according to the Czech president whose government was recently the target of a Hackergroep linked to the security services of Beijing. Read the interview with Petr Pavel.
3. Exclusive: The Chief Executive of Inditex says that the conditions for the return to Russia are “certainly not”, in place, More than two years after the Zara owner had sold his local company after the invasion of Ukraine. Despite the claim of Moscow that Western companies would start by June of this year, the comments of óscar García Maceiras are the last sign that multinationals do not rush to enter Russia again.
4. Exclusive: The BBC threatens legal steps against artificial intelligence search engine perplexity, In his first attempt to clamp on technical groups that scrape its enormous amounts of content to develop advanced technology. The broadcaster also told the American start-up to remove stored material used for AI training and asked for compensation for alleged IP infringement.
5. Record prices feed an increase in gold mining in Sudan, Unlock a crucial source of income for the warring parties of the country and enable them to finance the conflict. The mining industry produced around 80 tonnes of gold last year, the highest production in six years, making Sudan one of the top four gold producers in Africa.
FT Magazine
The transformation of Mark Zuckerberg in red -blooded “Maga Mark” shocked liberals at Meta, but his close allies say that this is who he has always been. Hannah Murphy delves into the truth about the Macho-Man-Make-over of the Big Tech Chief.
We read too. . .
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Sec: New chairman Paul Atkins maps a new path for the American securities ruler, whereby the market rules proposed by his predecessor are deleted.
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Trump Tax Bill: There are two positions instead of the old Republican Guard and Budget Fairyland, says ears Cass.
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Undercover Economist: Our own mental algorithms, besides technical, crooked crooked how we see the world, writes Tim Harford.
Graph of the day
Companies around the world are on a Bitcoin purchases, because managers – often in industries that have nothing to do with cryptocurrency – imitate a stock strategy that has caused explosive stocks growth. An FT analysis reveals the world’s largest hoarders.
Take a break of the news
David Pilling Tours Mozambique’s Gorongosa National Park, which bounces back from the destruction of the civil war by one of the world’s most ambitious nature conservation projects.
