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FINANCIAL TIMES
Tuesday, 12 December 2023

Middle East & North Africa

US hits Turkish and Chinese companies over Russia trade
Latest sanctions package aims to stem flow of sensitive war-related goods to Moscow
Harvard board backs president amid campus antisemitism backlash
Group ‘unanimously’ supports Claudine Gay following Congressional hearing into code of conduct policies
Yemen’s Houthis claim responsibility for Norwegian tanker missile attack
Threat posed by Iran-backed group in Middle East ‘encompasses significantly more vessels’

Africa

Tory rebel opposition to Rwanda bill hardens before tight vote
Sunak to meet rightwingers in push to keep them onside, but MPs are summoned back to Commons from overseas trips
‘Draconian’ Rwanda bill pushes UK into new legal waters
Rishi Sunak’s immigration bill is already drastic say experts, even as some Tories call for tougher measures

Americas

Trump critic Chris Sununu backs Nikki Haley for US president
New Hampshire governor’s endorsement set to boost ex-UN ambassador in Republican primary
Canada: robust banks will weather mortgage storm
Threat of payment shock should spur central bank to start cutting rates sooner rather than later
US to restrict visas on most of Guatemala’s congress amid ‘attempted coup’
Lawmakers and officials have sought to prevent anti-corruption president-elect from taking office

Asia

UK businesses in China see 2024 as ‘pivotal’ for investment
British Chamber of Commerce flags concerns over economy and complex environment
Fed should stress test US banks for China war risk, House panel says
Congressional report calls for strategy to prepare financial system for conflict with Beijing
Xi Jinping reinforces China’s ties to Vietnam after US push
South-east Asian country has become critical supply hub for western and Chinese manufacturers

Europe

Rishi Sunak plans appearance at rightwing Italian premier’s political festival
UK prime minister pencilled in as surprise guest at Giorgia Meloni’s Brothers of Italy festival
UK financial regulator vows to ‘intervene’ over withheld interest payments
FCA survey finds 42 groups ‘collectively earned £74mn from this practice’ in one month
EU outlines plan to avert shortages of more than 260 critical medicines
Proposals include measures to encourage stockpiling and investment incentives for new factories in bloc

UK

Rishi Sunak makes pitch to wavering Tory MPs ahead of Rwanda vote
Prime minister promises he is open to ‘tightening’ migration bill to secure support of Conservative right
Asylum seeker dies on UK’s Bibby Stockholm barge
Death comes after charities warn about the dangers of using the vessel to accommodate people fleeing war and persecution
UK mortgage arrears hit six-year high, data shows
More homeowners struggle to meet payments in third quarter as interest rates remain elevated
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