Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter, discussing the surprises and challenges of the past 25 years, including the rise of populism in various economies despite economic growth. The lack of a faithful correlation between economic circumstances and political choices, as well as the impact of immigration and hedonic adjustment on voter behavior, challenges the notion that politics is downstream of economics. The breakdown of the causal link between economic performance and political outcomes suggests that economic growth may not necessarily lead to healthier politics.
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Ukraine says it is willing to accept 30-day US-brokered ceasefire
In a joint statement, Ukraine has agreed to a US proposal for a 30-day ceasefire in its conflict with Russia, leading to Washington's resumption of military assistance to Kyiv. The ceasefire, which could be extended with mutual agreement, aims to halt all military activities along the front line, including air and maritime operations. Talks also included discussions on a joint minerals extraction deal postponed after a recent diplomatic clash between Ukrainian President Zelenskyy and US...
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