Financial experts warn that Donald Trump’s proposal to cap credit card interest rates at 10 percent could harm entrepreneurs, with some Democrats also considering the idea. The potential impact of such a policy on entrepreneurs is a topic of concern, leading to questions about whether these proposals signal a shift towards socialist economic policies.
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UN climate summit on the brink of collapse as vulnerable nations walk out
Roula Khalaf, Editor of the FT, shares top stories in the Unlock the Editor’s Digest, including the UN’s COP29 climate summit facing collapse as small island nations walked out over inadequate funding offers. Germany accused Azerbaijan of supporting fossil fuel producers' attempts to manipulate the talks, while criticism was also directed at the EU's negotiating tactics. The finance talks, among several discussions at the event, were stalled as tensions rose over climate finance and transitioning...
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