Two dead and many injured in Russian strike on Ukrainian shopping centre
President Zelensky called the strike in Dobropillia “horrific”, accusing Russia of “trying to take as many lives as possible”.
FirstFT: Donald Trump floats firing Fed’s Jay Powell
Also in today’s newsletter, US set to ban Chinese tech in submarine cables, and Nvidia chief vows to ‘accelerate recovery’ of China sales
Should China adopt a zero interest rate?
Policymakers in Beijing are deadlocked while some analysts believe rates are, in effect, at zero already
China’s Belt and Road investment and construction activity hits record
Rapidly expanding presence in countries signed up to Xi Jinping’s global initiative contrasts with US approach
Brussels should not be shocked by Trump being Trump
The EU is using the old trade playbook against a new and different threat
Brussels stalls probe into Elon Musk’s X amid US trade talks
EU was expected to finalise its investigation before the bloc’s summer recess but will now miss this deadline
Trump’s escalating attacks on Fed unnerve investors
US president’s offensive against Jay Powell has prompted swings in the dollar and lifted long-term inflation expectations
‘Afghan’s £1bn blunder’ and four MPs ‘lose Labour whip’
The Afghan data breach continued to dominate the papers on Thursday.
Harry follows in Diana’s footsteps with landmine walk in Angola
The Duke of Sussex visited a mine-clearing charity in Angola once supported by Princess Diana.
New photo to mark Queen Camilla’s 78th birthday
The Queen is pictured smiling and looking relaxed in the new photo taken at her Wiltshire home, Raymill.