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[EN] Financial Times

Donald Trump’s fateful decision on Iran

The US president’s threatened war lacks a clear objective or a plan

Merz seeks ‘reliable and fair partnership’ with Xi

German chancellor will urge China to curb unfair trade practises amid deindustrialisation woes

Louvre boss resigns months after €88mn jewel heist

Laurence de Cars quits in wake of theft that exposed poor security at Paris museum

Investors seek shelter from AI rout in asset-heavy stocks

Energy and utilities emerge as big winners from fears that artificial intelligence will upend software industry

Northern Ireland faces funding crunch despite latest UK bailout

Precarious finances highlighted as most parties reject draft multiyear budget plan

Reform UK plans to use £500bn of council pension assets to invest in British businesses

Deputy leader hails ‘huge opportunity’ to create sovereign wealth fund, but experts give sceptical response

Bird Grove — rich and sympathetic portrait of a young George Eliot

Alexi Kaye Campbell’s new play at Hampstead Theatre dramatises the Victorian novelist’s relationship with her father

Parsing Terraform Labs (in liquidation) vs Jane Streeeeeeeet

Play stupid games, win partial compensation?

Aid groups say Palestinians face ‘irreparable harm’ from ban

Oxfam, Norwegian Refugee Council and other groups petition court to delay Israeli suspension of their work

Honda suspends operations at Mexican plant over cartel rampage

Carmaker halts work in Guadalajara facility after killing of drug lord Nemesio ‘El Mencho’ Oseguera

Sheinbaum’s risky bet on dethroning ‘El Mencho’

The killing of cartel kingpin Nemesio Oseguera may relieve US pressure but ignite further violence

The ‘extreme and improbable’ economics of Citrini’s AI report

Doomer dunking

MPs back release of files about hiring of former prince as UK trade envoy

Andrew Mountbatten-Windsor denounced in House of Commons as ‘rude, arrogant and entitled’ man

Lebanon says it was warned its airport could become Israeli target

Beirut received indications civilian infrastructure could be targeted if Hizbollah enters US-Iran conflict, says foreign minister

Russia targets Telegram as rift with founder Pavel Durov deepens

Kremlin steps up curbs against messaging app and promotes a state-backed rival

Criminal cases in England set to rise until 2030 despite abolition of jury trials

Justice secretary David Lammy defends proposals to shake up court system

France cuts off government access to US envoy Charles Kushner after snub

Ambassador ignored summons to appear at foreign ministry after Trump administration comments on killing of far-right activist

Panama hands canal ports control to Maersk and MSC after ejecting Hong Kong group

Shipping companies to temporarily operate terminals after Supreme Court ruling against CK Hutchison

Paramount sweetens offer in battle for Warner Bros Discovery

WBD says it has received new bid but continues to back Netflix’s rival offer

Novo Nordisk halves US price of weight-loss drug

Danish group is struggling to compete with rival Eli Lilly in the obesity market

Trump faces anxious audience of Republicans with State of the Union address

Also in today’s newsletter, the US president must make the biggest national security decision of his second term

Flying the flag for London Fashion Week

Amid a royal scandal and tough market conditions, it was business as usual for those who chose to show this season

Stripe valuation soars to $159bn in latest share sale

Deal will allow payments company to stay private for longer

Shein founder emerges from shadows to hail Chinese roots

Xu Yangtian says help from Communist Party and regional province was vital to fast-fashion retailer