What went wrong? The short answer is: The art world expanded wildly, but the art market — the total dollar volume of art sales — did not. In fact, if you read the Art Basel/UBS Art Market Report for 2026 carefully, and adjust for inflation, the data shows that the art market has stagnated. The…
Even as the world is racing to contain the deadly Ebola epidemic in the Democratic Republic of Congo, the Trump administration is moving ahead with a plan that could decimate support for programs that detect and snuff out exactly such outbreaks. The new plan, proposed by the State Department, aims to overhaul the Centers for…
The United States and Iran have announced the opening of a new phase of dialogue aimed at reducing tensions that have sharply worsened in recent months. This framework agreement comes after several episodes of direct and indirect confrontation that raised fears of a conflict spreading across the entire Middle East. Both parties confirmed their willingness…
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US investment groups are racing to capitalise on Donald Trump’s ousting of communist leader Nicolás Maduro in January, setting up funds and targeting underutilised oilfields in the Latin American nation. Lionheart Capital,…
The U.S. plan to open an Ebola quarantine facility in Kenya was meant to help contain the outbreak by isolating American patients exposed to the virus. Instead, it has caused an outbreak of violence and political rancor, with hundreds of Kenyans taking to the streets in protest. Last month, Secretary of State Marco Rubio said…
Stay informed with free updates Simply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox. Eight aerospace and defence companies led by Airbus are planning an alliance to develop a European alternative to the doomed next-generation Franco-German fighter jet. Airbus Defence and Space, Autoflug, Diehl Defence, Hensoldt, Liebherr, MBDA,…
Senator Lindsey Graham of South Carolina is entering his Republican primary on Tuesday with a powerful ally in his corner: President Trump. Mr. Graham “is doing a fantastic job” and has his endorsement, Mr. Trump has said. But they weren’t always so chummy. Mr. Graham was once one of Mr. Trump’s most vocal Republican critics,…
Among other defeats, the recent local elections saw Labour lose heavily across the Midlands and the north of England. The results are reminiscent of the 2016 Brexit vote and, with the return of those electoral geographies, some of the old tropes have resurfaced, too. Once again, England’s post-industrial towns are cast as the angry, reactionary…
Economic dynamics in the Maghreb are shaped by a combination of domestic factors, regional interactions and global market conditions. Countries such as Morocco, Algeria and Tunisia maintain trade relations with partners in Europe, Africa and beyond, while also navigating regional constraints linked to border policies and infrastructure. Trade flows in the region are influenced by…
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US Treasury secretary Scott Bessent had a fierce row with UK chancellor Rachel Reeves in Washington last month over her outspoken criticism of the Iran war, according to people familiar with the matter….
