December 9, 2023
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus pandemic, highlighting the depth of the country’s economic downturn and the obstacles to a full recovery. A total of
READ MOREDozens of world leaders said they know the planet’s dangerously overheating and they are trying to keep it from getting worse. The next step is to turn their soaring rhetoric voiced at the beginning of the United Nations climate conference into action. In the first of two days of the two-week summit, presidents, prime ministers
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India’s willingness to share climate-related technology will play a vital role in efforts to reverse the climate crisis facing the planet, Commonwealth Secretary-General Patricia Scotland has said as the COP28 climate conference got underway in Dubai on Thursday. Baroness Scotland, who is leading the Commonwealth delegation from London at the 2023 Conference of the Parties
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Yves here. I don’t mean to sound critical of well-meaning efforts to stop accelerating climate climate change. But when I look at lists like this, I despair. We live in highly complex societies. The organizing principle is that (unless you have capital or are in a caste on public support, like priests) your survival depends
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a professor at Harvard’s John F Kennedy School of Government and director of the Harvard Growth Lab With the tragic events unleashed by Hamas on October 7, and global focus on the
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Shadow Treasurer Angus Taylor says there is a lot of cost of living “pain” in Australia. RBA Governor Michele Bullock told a conference in Hong Kong that households in Australia “are actually in a pretty good position” despite the “political noise” around the 13 interest rate hikes over the last 18 months. “Australians know that
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Volunteers are becoming increasingly hard to find, with time constraints combined with the cost-of-living crisis and the lingering impacts of Covid-19 leading to a widespread shortage. Research by the Centre for Volunteering finds that one in three volunteers in NSW has not returned to their role post-pandemic. The main barrier is lack of time, cited
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In what was one of Europe’s most religious countries, mass attendance has dropped severely, Irish priests find themselves working far past retirement age, and only a small number of apprentices are committing themselves to the church. ADVERTISEMENT In Ireland, where religion has played such a big place in its past, for better or for worse,
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The number of international students studying in Australia could be slashed under a new plan by the Albanese government. The Sunday Telegraph reported that under the proposal, the number of visas will be capped, and students taxed. The number of international students studying in Australia between January and August rose 31 per cent to 725,000,
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As new land is exposed by melting ice caused by climate change, Arctic nations and corporations are poised to make trillions of dollars from newly exposed land and sea. A new paper published in the journal Science has warned that melting areas in the Arctic have become ‘frontlines for resource extraction’, describing it as a
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