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“Quis custodiet ipsos custodes?” is the important question posed by the Roman poet Juvenal, translated by the English author Alan Moore as “Who watches the watchmen?”. But it is perhaps a question with a complacent implicit assumption. It presupposes that it is possible to watch the watchmen — and all that one needs to do
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China’s currency has weakened to a 16-month low as the potential of sharp tariff increases from the incoming Trump administration fuels selling pressure on the renminbi. The onshore renminbi weakened 0.1 per cent to Rmb7.34 against the dollar on Wednesday, its weakest since September 2023, in spite of the People’s Bank of China maintaining a
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The UK’s City minister Tulip Siddiq was given a central London apartment by a person connected with the party of the recently ousted Bangladeshi government. Siddiq, economic secretary to the Treasury, was handed a two-bedroom flat near King’s Cross in 2004 without making a payment, according to previously unreported Land Registry filings. The filings indicate
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla has registered its first fall in vehicle deliveries in more than a decade, as its fourth-quarter figures missed analysts’ estimates, pushing the shares down 5 per cent. The company said on Thursday that it
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