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[EN] Financial Times

Belgium defeat USA in wake of Trump interference

‘Je suis Belgium’

Apple interest thrusts China’s CXMT into memory chip spotlight

Sharp turnaround for state-backed company central to Beijing’s AI supply chain efforts

Letter: Nostalgia is no substitute for a bright vision of the future

From Itziar Castelló, Professor of Sustainability, Bayes Business School, City St George’s, University of London, London EC1Y

Letter: Shakespeare knew a thing or two about tax

From Chris Crowcroft, Penrith, Cumbria, UK

Letter: The UN must be at the heart of AI governance

From Dame Wendy Hall and Professor Simon Chesterman

US launches new wave of Iran strikes after attacks on tankers

Trump administration also revokes licence allowing Islamic republic’s oil sales, sending crude prices higher

Letter: Digital safety should start with today’s threats

From Adam Hadley CBE, Executive Director, Tech Against Terrorism, London N1, UK

Letter: What economic statistics miss about people’s lives

From Johannes Jütting, Professor Stefaan Verhulst and Roeland Beerten

Letter: When tech becomes a matter of state approval

From Daniel Windell, Malmö, Sweden

Letter: A nonbinding deal deserves public scrutiny

From Marco Perugini, Independent researcher, Centrifuga Lab, Rome, Italy

FT Crossword: Number 18,420

A quick guide to Nigel Farage’s gamble

Reform UK leader has responded to scrutiny of his finances by calling a by-election that may yet fall flat

Farage by-election gambit undercut by rivals’ refusal to participate

Conservatives, Labour and Lib Dems will not contest vote as Reform UK leader denies wrongdoing over gifts

Rachel Reeves calls for rival international defence schemes to merge

UK chancellor says competing funding bodies should be brought together

FirstFT: US strikes Iran in response to attacks on tankers

Also in today’s newsletter: France’s Le Pen announces run for president, and Samsung shares tumble despite record quarterly profit

Le Pen is posing as the victim of a politicised judiciary

The strategy might play well with the far-right leader’s core voters, but the French as a whole don’t buy it

French far-right leader Marine Le Pen says she will run for president

Politician sets up unprecedented election campaign next year after judges uphold her conviction for embezzlement

Transcript: Software stocks got crushed. Did they have it coming?

Katie Martin speaks to Robert Armstrong

‘Nigel can fix it’ — what Clacton voters think of Farage’s gambit

Many people in the seaside town, whether supporters of the rightwing populist or not, are pleased with move by Reform UK leader

US revokes waiver allowing Iranian oil sales after tanker strikes in Strait of Hormuz

Qatari and Saudi ships among targets near Oman coast

IMF names Silvana Tenreyro as its next chief economist

Former Bank of England policymaker will be second woman to take on the role

Software stocks got crushed. Did they have it coming?

The market may be overreacting to AI risks faced by software companies

Tories and Labour try to call Nigel Farage’s bluff

Mainstream parties denounce Reform UK leader’s by-election ‘gimmick’ and decide not to stand against him

Transcript: Nigel Farage tries to ‘take back control’

Miranda Green talks to Robert Shrimsley and George Parker