FirstFT: IMF sounds alarm on dire public finances
Also in today’s newsletter: tech stocks hit by ‘casino’ talk and CNN plans to expand its streaming service overseas
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European gas hits Iran wartime high
Stand-off between Washington and Kyiv over Russian diesel and approach of cold weather boost prices
In charts: How one of the world’s biggest economies got trapped by debt
France opens debate on its 2027 budget as high deficits, rising debt and student protests intensify pressure on lawmakers.
Chip stocks slide in wake of ‘casino’ comment by Broadcom boss
Declines for Samsung and SK Hynix drag Kospi sharply lower as investors fret over scale of AI investment
BP to set out new strategy after windfall year
UK oil major will announce plans in December after hitting current debt targets
IMF warns bond yields could see a ‘disorderly’ spike as debt, inflation risks worsen
The IMF says risks in the government bond market have worsened and that yields could jump sharply and disorderly.