The Middle East conflict has left ships stranded with cargoes of fresh food and live animals - and shipping companies scrambling to find ports to take them to.
Ports likely to face congestion soon include hubs Singapore and Colombo: www.ft.com/content/2673...
Exclusive from @financialtimes.com colleagues:
Gulf insurance costs soar 12-fold despite Trump's commitment to offer insurance and guarantees "at a very reasonable price"
www.ft.com/content/865d...
Thanks for all your help over the years Elisabetta!
Late posting this but for my last hurrah to the EU climate beat with @bmoens.bsky.social ...
What happens when you thought you had a first mover advantage and then laggards press to slow the transition? www.ft.com/content/1f60...
💥 EU in talks to expand its Aspides Red Sea naval mission to protect vital LNG shipping through the Strait of Hormuz from Iranian attack, people familiar with the discussions among ministers and military officials tell @bmoens.bsky.social & I
www.ft.com/content/91ca... @financialtimes.com
❗️I’ve moved job ❗️
From today, I’ll be covering global shipping and industry still for the @financialtimes.com
Quite a week to start covering shipping so very open to any tips, tricks and guidance: alice.hancock@ft.com
I’ll be returning from Brussels to London as of April 🇬🇧
My @financialtimes.com colleagues + I looked closely at Italy's energy reform plan, why its likely to be rejected by
@ec.europa.eu + how it may backfire otherwise... insights from @carlostagnaro.bsky.social @eccoclimate.bsky.social + others. as.ft.com/r/3c2eee10-0... w/ @alicemhancock.bsky.social
On the eve of the 4th anniversary of Russia’s full-scale invasion, Volodymyr Zelenskyy told @financialtimes.com Russia and Ukraine are at the “beginning of the end” of Europe’s biggest war since WWII, but urged Trump to see through Putin’s negotiating “games”.
Free link: as.ft.com/r/9b99f21a-e...
💥 Hungary has blocked an already-agreed €90bn EU loan for Ukraine aimed at stabilising the war-torn country’s finances, just days before the fourth anniversary of Russia’s full-scale invasion
by @paolatamma.bsky.social & @alicemhancock.bsky.social
as.ft.com/r/58172ba2-b...
Some good numbers here from @jburnmurdoch.ft.com on Britain's underlying productivity and growth problems.
‼️The EU is planning to force 70% of subsidised EVs to be made in Europe, per a draft of the upcoming Industrial Accelerator Act.
Details here 🔽
www.ft.com/content/02be...
✈️✈️ latest:
Air France-KLM has warned that it will have to halve its Asia routes as a result of EU climate policy and calls for a protective "SAF-BAM" to level the playing field.
www.ft.com/content/c275...
Europe must avoid a “war” between member states and Brussels over speed of deregulation and competitiveness issues, the Belgian PM has warned.
On the ground from the Alden Biesen leaders’ retreat w/ @bmoens.bsky.social
as.ft.com/r/2cf55296-0...
Only in @financialtimes.com:
Sweden's PM hits back at Macron ahead of EU leaders' summit on the economy:
“We need to be able to compete because of quality and because of innovation, not because we try to protect European markets," Ulf Kristersson said.
as.ft.com/r/84409ac0-d...
EU capitals have to set aside national interests and finally tackle the bloc’s regulatory inertia, according to António Costa.
He called on leaders to “give a very strong political message to their governments.”
With @alicemhancock.bsky.social @henryjfoy.ft.com
as.ft.com/r/aadb1088-2...
The head of the world's biggest chemicals company BASF has said that the EU's flagship emissions trading system is "obsolete" and must be reformed.
Interview with Markus Kamieth @basf.bsky.social ahead of a major industry summit on Wed
www.ft.com/content/226c...
Some Europeans have still not caught up to a world profoundly shaped by Chinas industrial policy.
A lot of hard pushback on targeted buy-European because it would reduce European competitiveness and product quality.
Reality, created by China, would disagree.
1/
What does it mean for something to be 'Made in Europe'? And will it push up costs for EU industries?
Our long-read on Brussels' push to protect critical manufacturing from Chinese competition:
www.ft.com/content/b92a... w/ @andybounds.bsky.social
The EU is struggling to get hold of the critical minerals it desperately needs, according to a new audit, which says that efforts to diversify are also faltering.
The commission says that it’s too early to judge.
as.ft.com/r/fb02e65f-a...
Fish are piling up at ports thanks to a bureaucractic new EU system per this fishy scoop from @andybounds.bsky.social
www.ft.com/content/53a9...
The UN's development arm will work to drive more private finance into projects as it faces a reality of much less public funding for development aid, new UNDP chief @alexander-de-croo.bsky.social tells @lauramdubois.ft.com and I
www.ft.com/content/0979...
_ @gideonrachman.bsky.social here on why for its own sake — and for the sake of the wider world — Europe needs to stand firm on Greenland. www.ft.com/content/2642...
France has called for the EU to use its strong trade weapon against the US in retaliation for Trump's tariff threats over Greenland.
www.ft.com/content/1f1c...
💥 Brussels is drafting proposals to create a two-tier EU membership model that could fast-track Ukraine’s entry in any peace deal to end Russia’s invasion - a move that would overhaul the EU's accession system used since the cold war
as.ft.com/r/a5f67afd-e...
"China’s enormous manufacturing capacity has lowered costs of solar power beyond the most ambitious projections of industry executives...But competition from China has also helped tip swaths of US and European industry into bankruptcy."
www.ft.com/content/3749...
Q: How is the EU's single market integration going?
A: Not excellently, according to new European Commission figures seen by @bmoens.bsky.social and I
www.ft.com/content/fbc7...
Former Belgian energy minister Tinne van der Straeten has been announced new head of WindEurope.
She speaks to @financialtimes.com with Henrik Andersen, CEO of Vestas about Trump stop-work orders and buy Europe clauses
www.ft.com/content/2fbb...
America’s nuclear revival: will it succeed and at what cost?
Our long read in the @financialtimes.com giftarticle.ft.com/giftarticle/...
“We know who our allies no longer are. It’s just we are still hoping we are wrong and the problem will go away,” said one European official of Trump’s disregard for the generation-old transatlantic alliance. “We know what needs to be done, we just need to bloody do it.”
as.ft.com/r/ecc1de54-8...
Showdown in Brussels over competition policy is nearing ft.trib.al/ipUohR9 | opinion
