FT subscribers can click on right here to obtain FirstFT every day by way of electronic mail.
The primary go to of Brazilian President Jair Bolsonaro to the White Home on Tuesday will give a great addition to President Donald Trump.
The previous military captain, who shares Mr. Trump's penchant for incendiary hyperbole and was elected on the same nationalist platform, in keeping with the household legal guidelines and values of the Christian household, described the US president as "an instance for me. . . and in some ways in Brazil ".
Aside from ideological affinities, Mr. Bolsonaro's two-day working go to can also be a probably vital second. Officers hope that this operation will lastly revive a relationship between the 2 nations, lengthy uncared for.
Mike Pompeo, US Secretary of State, described it as "transformational alternative". A senior US official stated, "It's way more than a proper go to. We expect this will probably be an vital discussion board for redefining relationships.
Bolsonaro, nicknamed the "Trump of the Tropics", hopes that this journey will convey Brazil nearer to American and Western establishments, such because the OECD and NATO – and away from the membership. Brics from Russia, India, China and South Africa (FT)
Within the Information
Peasants in Arms
US farmers put strain on Donald Trump to start commerce talks with Tokyo as they face rising proof of misplaced gross sales and market share in Japan following the withdrawal of America's Trans-Pacific Partnership. (FT)
To study extra about commerce, join our free commerce e-newsletter, which now seems twice every week.
The SEC "knocked out" by Musk by tweets
The Securities and Change Fee's legal professionals stated they have been surprised to study that Elon Musk had requested prior permission from any of his tweets about Tesla earlier than the preliminary request for contempt of the company final month. They urged a federal choose in New York to guage the Tesla CEO's contempt of courtroom. (FT)
Elon Musk, CEO of Tesla, overtly mocks the Securities and Change Fee since its settlement in October © Reuters
Goldman's insurance policies intention to extend the variety of ladies employed [19459006
Goldman Sachs has launched new insurance policies to extend the proportion of ladies within the firm, together with increasing the recruitment goal to 50/50 to cowl all analysts and junior workers. On the identical time, a brand new survey revealed persistent discrimination in economics, with a whole lot of feminine economists reporting harassment and assault. (FT, NYT)
Cautionary Be aware Relating to the Boeing of Airways
Canada's budget-reduced airline, WestJet Airways, turned the second-largest provider on Monday warn that its monetary outcomes can be hit by the worldwide stranding of the fleet of 737 Max. The airways can’t decide for Boeing's rival competitor as a result of Boeing is already working laborious to ship the present orders for the fuel-efficient A320neo. (FT)
British Authorities Postpones Vote on Third Brexit Settlement
UK Authorities Will Postpone Third Vote on Brexit Settlement Till New subsequent week, after the Home of Commons president has surprised the political institution by referring to a parliamentary precedent relationship again to 1604 after blocking the vote scheduled for immediately. (FT)
China Bends to Brussels
Chinese language International Minister Wang Yi insisted that China's intentions in the direction of the EU have been cooperative regardless of the rising division of commerce and digital safety. On the identical time, the US warned that Britain's plans for 5G might endanger nationwide safety, placing strain on the UK for it to keep away from the tools of the telecommunications firm Chinese language Huawei. (FT)
Companies and Marketing campaign Bills 5 main US corporations have agreed to disclose extra particulars about their political spending in response to rising investor strain on administrators to elucidate their Use of shareholder funds affect campaigns and candidates. Disclosure agreements signed with Ameriprise Monetary, Chubb, Mondelez Worldwide, MSCI and Tractor Provide symbolize important progress for company governance advocates. (FT)
The toll of flood victims in Africa might exceed 1,000
The variety of individuals killed in a robust storm and floods in Mozambique might exceed 1,000 stated Monday the president. Cyclone Idai killed 84 individuals in Mozambique. Zimbabwe and Malawi have additionally been affected by destruction and destruction. Giant tracts of land have been flooded, roads have been destroyed and communications have been destroyed. (Reuters, Xinhua)
The day forward
The sport continues for Google
Google will unveil a brand new online game service, dubbed Mission Stream, which is able to carry the code identify "Mission Stream". would have allowed individuals to play Fortnite and different trendy titles in an internet browser or on tv utilizing cheap . (Bloomberg)
Comply with the vital financial, political and political information of the approaching days with the approaching week of the FT.
What We Learn
Apple's Large Wager on Tv
For over a decade, Apple has been attempting to create its personal televisions by providing cable integrators software program integrations and bundled companies. Now, after a number of false begins and with the decline in iPhone revenues, "it's time for the present". (FT)
Ivy-Whispering and the Admissions Market in Faculties
The position of admission consultants and their place within the tutorial ecosystem appeal to watch out with the brand new revelations of final week. mother and father had paid about $ 25 million in bribes to get locations for his or her kids in the most effective faculties. Right here is how the business works. (FT)
The Financial Dilemma of Erdogan
Turkish societies are nonetheless struggling because of the dramatic collapse of the foreign money of the nation. final yr, with a weakened lira constrained by dizzying rates of interest, banks little showers and loans a stack of 285 billion dollars of debt denominated in overseas foreign money. However President Recep Tayyip Erdogan has few choices for financial stimulus. (FT)
On the Coronary heart of the GAM Scandal
The Asset Administration Group gave little rationalization when it suspended Tim Haywood, a star bond fund supervisor, inflicting the flight of traders. A yr later, the market worth of GAM Holding fell by two-thirds. Here’s what we all know. (FT)
Milan v Madrid
The 2 foremost monetary facilities of Southern Europe have been affected by the crash of 2008, however costs in Madrid exceeded these of his Italian cousin since. Our article additionally compares the efficiency of cities in employment, street security and tourism. (FT)
The Flight of the Texts of Jeff Bezos
Briefly, the wrongdoer was neither Saudi Arabia nor a vindictive White Home. Michael Sanchez, the brother of the lover of Amazon's founder, Jeff Bezos, bought the billionaire's SMS to the editor of Nationwide Enquirer for $ 200,000, triggering a battle between the richest man of the world and essentially the most well-known American tabloid. (WSJ)
Rights of the Accused
In a generally controversial interview, French mental Bernard-Henri Lévy discusses help for the struggle in Libya, the rights of ladies in Islam and its controversial protection of filmmaker Roman Polanski and former IMF Managing Director Dominique Strauss-Kahn. (New Yorker)
The Doctor's Secrecy of Fertility
Donald Cline needed to suppose that nobody would ever know. Then, DNA testing companies resembling Ancestry.com and 23andMe arrived, and dozens of foreigners born between 1979 and 1986 found that they’d one thing in frequent: Cline's genes. (The Atlantic)
Trump turns to Fb … once more Whereas Democratic campaigns have drawn nationwide consideration, President Trump's re-election marketing campaign has discreetly spent virtually twice as a lot because the Democrats mixed discipline on Fb and Google adverts, in keeping with Fb's knowledge and Google's coverage advert transparency stories. The information (captured between December 2018 and now) supplies a window to the Trump 2020 technique. (Axios)
Video of the day
The recognition of Trudeau in danger
Justin Trudeau turned Prime Minister of Canada, partially, because of a superb marketing campaign in social media. Ravi Mattu from the FT explains why it’ll all the time be troublesome to maintain his picture of a pleasant, rigorously constructed boy. (FT)