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Wall Street extends losses after weaker than expected manufacturing reading

Washington pauses most tariffs against countries that have not retaliated but increases levies on China

US, European and Asian indices fall as traders raise bets on Federal Reserve rate cuts

Uncertain executives are favouring share buybacks over tapping buoyant markets to fund investment

Also in this newsletter: Russia’s nuclear weapon plans, Apple bins electric car project, English councils forced into fire sales

Geopolitical risk and climate change highlight the need for resilience in core supply routes

Geopolitical risk and climate change highlight the need for resilience in core supply routes

What the IMF gets wrong about the global trade rebound

Research highlights risks posed by pan-continental reforestation project

Chances of keeping within 1.5C threshold put at a low 14%