Announcement follows diesel deal with Putin as US president tries to contain impact of higher fuel costs ahead of election

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Plus, JPMorgan’s European ambitions, a surge in US corporate borrowing costs, and painting the French Riviera

A Firmus post-mortem

Announcement follows diesel deal with Putin as US president tries to contain impact of higher fuel costs ahead of election

Research for the FT shows major economies are withstanding the Iran shock but concerns about rising public debt will loom over IMF and World Bank meetings