Activity Overview
Episode publication activity over the past year
Hong Kong’s bull run leaves China in the dust
02 Jul 2025
Contributed by Lukas
The UK government passed its welfare reform bill after making concessions, and Hong Kong’s stocks ...
Rise of the neobank
01 Jul 2025
Contributed by Lukas
Two of the biggest oil companies in the Middle East scale down their acquisition sprees, and Wall St...
US banks are hungry for deals
30 Jun 2025
Contributed by Lukas
The Trump administration is paving the way for more US bank mergers, and China’s online retail gia...
Labour MPs rebel against UK welfare reform
27 Jun 2025
Contributed by Lukas
Some members of the UK's parliament fight back against proposed welfare cuts, and early intelligence...
Why markets are unfazed by the Middle East conflict
26 Jun 2025
Contributed by Lukas
Nato members decided on increased defence spending, the Federal Reserve is planning on cutting capit...
Iran's path forward
25 Jun 2025
Contributed by Lukas
US stocks almost hit record highs amid possible de-escalation in the Middle East, and Johns Hopkins ...
Will the wheels come off Nato?
24 Jun 2025
Contributed by Lukas
US president Donald Trump has said Israel and Iran have agreed a ceasefire, shifting priorities in t...
The US targets Iran’s nuclear programme
23 Jun 2025
Contributed by Lukas
The US is now using force to try to eliminate Iran’s nuclear programme, and new tariffs on US hous...
EU pushes a UK-style trade deal with the US
20 Jun 2025
Contributed by Lukas
Russia’s war-time economy is slowing down, and the EU is negotiating a trade deal with the US to k...
The Fed cuts US economic outlook
19 Jun 2025
Contributed by Lukas
The Federal Reserve cut its outlook for the US economy on Wednesday, and in the UK, inflation remain...
Trump demands that Iran surrender
18 Jun 2025
Contributed by Lukas
US President Donald Trump demands unconditional surrender from Iran on social media, and the Iran-Is...
What Trump’s golden share means for the Nippon deal
17 Jun 2025
Contributed by Lukas
Tensions rise as the EU refuses trade talks with China before next month’s leaders summit, and Air...
Inside Iran’s ‘impenetrable’ nuclear bunker
16 Jun 2025
Contributed by Lukas
Israel may not have big enough bombs to take down Iran’s most secure nuclear facility, and Nippon ...
Hot Money: Agent of Chaos - Ep. 1, The Bribe
14 Jun 2025
Contributed by Lukas
Today, we're bringing you the first episode from the new season of Hot Money. On Hot Money: Agent of...
Southern European bond markets make a comeback
13 Jun 2025
Contributed by Lukas
Israel has launched a strike against Iran, Argentina’s month-on-month inflation rate has fallen be...
Europe’s game plan for handling Trump at G7
12 Jun 2025
Contributed by Lukas
The Pentagon has launched a review of the 2021 Aukus submarine deal with the UK and Australia, Donal...
Winners and losers of UK spending review
11 Jun 2025
Contributed by Lukas
The FT’s George Parker explains the winners and losers in UK chancellor Rachel Reeves’ spending ...
Trump cracks down on Los Angeles protests
10 Jun 2025
Contributed by Lukas
The head of the operator of the Panama Canal has warned that a $23bn global ports deal could put the...
Who gets to be Italian?
09 Jun 2025
Contributed by Lukas
Syria is preparing to rejoin the international banking system, and Italian Prime Minister Giorgia Me...
Swamp Notes: Trump’s big play to save steel production
07 Jun 2025
Contributed by Lukas
US President Donald Trump doubled tariffs on steel to 50 per cent this week. He’s also allowing Ja...
Trump and Xi break the ice
06 Jun 2025
Contributed by Lukas
US President Donald Trump and China’s leader Xi Jinping agreed to launch a new round of high-level...
Bulgaria moves into the Eurozone
05 Jun 2025
Contributed by Lukas
Apple’s rollout of artificial intelligence services in China with Alibaba is being held up, Wells ...
Mexico’s new supreme court
04 Jun 2025
Contributed by Lukas
Dutch Prime Minister Dick Schoof resigned after far-right leader Geert Wilders walked out of his coa...
Trump’s push to privatise Fannie and Freddie
03 Jun 2025
Contributed by Lukas
Elon Musk’s xAI is launching a $300mn share sale that values the group at $113bn, and China’s pr...
South Korea plots a post-coup future
02 Jun 2025
Contributed by Lukas
Private equity dealmaking around the world slowed down in the second quarter of 2025, and South Kore...
Swamp Notes: Do Republicans still care about debt?
31 May 2025
Contributed by Lukas
Republicans are often known as the party of fiscal responsibility. This week, Swamp Notes unravels t...
Trump’s tariffs in legal limbo
30 May 2025
Contributed by Lukas
The White House is fighting court rulings that US President Donald Trump’s ‘liberation day’ ta...
The challenge to Delaware’s corporate dominance
29 May 2025
Contributed by Lukas
A US court invalidated President Donald Trump’s “liberation day” tariff scheme yesterday. Nvid...
Rio Tinto’s surprise CEO hunt
28 May 2025
Contributed by Lukas
US stocks jumped yesterday after President Donald Trump said trade talks with the EU were heade...
How Ukraine fell victim to fake arms deals
27 May 2025
Contributed by Lukas
Russia’s full-scale invasion of Ukraine in 2022 kicked off a massive arms procurement race for Kyi...
Behind the Money: GE Vernova tries to shake its parent’s problems
26 May 2025
Contributed by Lukas
Today, we're bringing you an episode from our fellow FT podcast, Behind the Money. Massive conglomer...
Swamp Notes: Trump’s next 100 days
24 May 2025
Contributed by Lukas
This week, Swamp Notes goes to London for a live recording. Katie Martin, host of the Unhedged podca...
The economic impact of Trump’s budget bill
23 May 2025
Contributed by Lukas
Republicans in the US House of Representatives narrowly passed President Donald Trump’s major budg...
Will Germany ban the far-right AfD?
22 May 2025
Contributed by Lukas
Telegram leapt to a $540mn profit last year despite the ongoing legal threat to its leadership, yiel...
CATL’s IPO pops in Hong Kong
21 May 2025
Contributed by Lukas
European and Asian investors have pumped record sums into global equity funds that exclude the US ma...
A warning shot to the Treasuries market
20 May 2025
Contributed by Lukas
The US may be stepping back from its role as mediator in the war in Ukraine, and US long-term borrow...
Trump administration to roll back banking rules
19 May 2025
Contributed by Lukas
The UK is holding its first summit with the European Union since Brexit, and US authorities are prep...
Swamp Notes: Trump’s tilt to the left
17 May 2025
Contributed by Lukas
Within the space of one week, US President Donald Trump endorsed tax increases for America’s top e...
Can Bill Ackman create a Berkshire Hathaway rival?
16 May 2025
Contributed by Lukas
Japan has signalled it is prepared to hold out for a better deal with US President Donald Trump over...
Turkey after the PKK
15 May 2025
Contributed by Lukas
CoreWeave reported a 420% rise in revenue in its first quarter as a listed company and the furious r...
UnitedHealth’s big shake-up
14 May 2025
Contributed by Lukas
The White House unveiled what it says is $600bn worth of defence and artificial intelligence deals w...
A sigh of relief on US-China tariffs
13 May 2025
Contributed by Lukas
Global stocks surged after the US and China slashed tariffs for 90 days, and Brussels is preparing t...
Are investors starting to prefer Europe over the US?
12 May 2025
Contributed by Lukas
US officials say they made “substantial progress” on trade talks with China, and trade optimism ...
Swamp Notes: Trump takes on higher ed
10 May 2025
Contributed by Lukas
Description: US President Donald Trump is in an ongoing standoff with America’s top universities. ...
The US-UK trade deal
09 May 2025
Contributed by Lukas
The US and the UK agreed to a trade deal, and the Bank of England cut interest rates by a quarter po...
Conflict puts Pakistan’s economy at risk
08 May 2025
Contributed by Lukas
The US scraps rule that aimed to limit exports of artificial intelligence chips, Pakistan vowed to r...
A rough start for German Chancellor Merz
07 May 2025
Contributed by Lukas
India said it had carried out “precision strikes” on “terrorist infrastructure” at nine site...
US stocks make full recovery
06 May 2025
Contributed by Lukas
OpenAI will remain under the control of the group’s non-profit arm, US stocks have wiped out the s...
Berkshire after Buffett
05 May 2025
Contributed by Lukas
The world’s most famous investor says he plans to step down after six decades leading Berkshire Ha...
Swamp Notes: The conservative view on tariffs now
03 May 2025
Contributed by Lukas
US President Donald Trump has garnered a lot of criticism since he enacted his trade war. But there ...
Australia’s voters go to the polls
02 May 2025
Contributed by Lukas
Amazon warned of the impact of Donald Trump’s global trade war and issued weaker-than-expected gui...
Honey, I shrunk the economy
01 May 2025
Contributed by Lukas
Microsoft posted better than expected quarterly earnings on Wednesday, Spain is trying to figure out...
Japanese investors hope for a corporate shake-up
30 Apr 2025
Contributed by Lukas
Donald Trump unveiled more tariff relief for some carmakers, and shares in a number of companies sur...
Big oil braces for a rough year
29 Apr 2025
Contributed by Lukas
The oil industry is bracing for its worst year since the pandemic, and Spain and Portugal are reelin...
The elusive Ukraine peace deal
28 Apr 2025
Contributed by Lukas
Canadians will head to the polls Monday to pick a prime minister, and a new US proposal to end the W...
Swamp Notes: Trump’s ‘you break it, you buy it’ moment
26 Apr 2025
Contributed by Lukas
Just a few weeks ago, US President Donald Trump was ready to levy tariffs on basically every nation....
US tariffs bite Chinese industry
25 Apr 2025
Contributed by Lukas
Apple plans to shift the assembly of all US-sold iPhones to India as soon as next year, factories in...
Bessent takes aim at the IMF
24 Apr 2025
Contributed by Lukas
Sir Keir Starmer and Ursula von der Leyen will on Thursday finalise plans for a new defence pact, US...
BP’s race to cut costs
23 Apr 2025
Contributed by Lukas
Tesla’s first-quarter adjusted profits dropped 39 per cent and the IMF has downgraded outlooks for...
The Catholic Church after Pope Francis
22 Apr 2025
Contributed by Lukas
Wall Street stocks dropped as President Donald Trump attacked Federal Reserve chair Jay Powell, Pope...
How tariffs are affecting luxury goods
21 Apr 2025
Contributed by Lukas
Luxury goods were supposed to be making a comeback this year. But US President Donald Trump’s trad...
The Rachman Review: Iran’s nuclear talks could reshape the Middle East
18 Apr 2025
Contributed by Lukas
Swamp Notes is taking this weekend off so instead we wanted to share the latest episode from our fel...
Japan and the US talk tariffs
18 Apr 2025
Contributed by Lukas
China’s imports of US liquefied natural gas have completely stopped for more than 10 weeks, and Ja...
Emerging markets’ surprising performance
17 Apr 2025
Contributed by Lukas
Federal Reserve chair Jay Powell is warning that US tariffs are ‘likely’ to put at risk th...
India’s middle-class debt crisis
16 Apr 2025
Contributed by Lukas
Nvidia says it expects to take a $5.5bn blow as the US clamps down on the Silicon Valley group’s a...
How Argentina pulled off its latest IMF deal
15 Apr 2025
Contributed by Lukas
Brussels is exploring legal options that would allow European companies to break long-term Russian g...
Is it glass half-full or half-empty for US banks?
14 Apr 2025
Contributed by Lukas
US tariff exemptions on personal electronics may only be temporary, and big banks posted major earni...
Swamp Notes: The Federal Reserve’s tariff dilemma
12 Apr 2025
Contributed by Lukas
US President Donald Trump’s global trade war has made a mess for the Federal Reserve. Despite an e...
Uncertainty reigns in US markets
11 Apr 2025
Contributed by Lukas
US inflation fell more than expected to 2.4 per cent in March, and France’s Renault is one of the ...
Trump’s tariff reversal
10 Apr 2025
Contributed by Lukas
US stocks surged on Wednesday after Donald Trump paused ‘reciprocal’ tariffs for 90 days. Plus, ...
Markets might not have hit the bottom yet
09 Apr 2025
Contributed by Lukas
Donald Trump is pushing ahead with another 50 per cent tariff on Chinese goods, and there are questi...
Companies look for US tariff workarounds
08 Apr 2025
Contributed by Lukas
Equities markets continued to adapt to the tariffs unleashed by US President Donald Trump, oil price...
How Italy could decide the EU’s response to tariffs
07 Apr 2025
Contributed by Lukas
The UK plans to introduce a lighter regulatory regime for private equity and hedge funds, and Italy ...
Swamp Notes: The costs of Trump’s tariffs
05 Apr 2025
Contributed by Lukas
This week the US imposed new tariffs on most of the world. The FT’s US national editor Ed Luce joi...
Trump’s tariffs rattle global markets
04 Apr 2025
Contributed by Lukas
US President Donald Trump’s tariffs caused a global market sell-off on Thursday. Now, there are co...
Tesla soars on Musk’s potential departure
03 Apr 2025
Contributed by Lukas
Donald Trump launched a barrage of new tariffs on trading partners, and Tesla’s share price jumped...
What Wall Street expects from Trump’s ‘liberation day’
02 Apr 2025
Contributed by Lukas
US venture capital giant Andreessen Horowitz is in talks to invest in social media platform TikTok, ...
Elon Musk transforms Wisconsin court race
01 Apr 2025
Contributed by Lukas
Google’s artificial intelligence arm DeepMind has been holding back the release of its world-renow...
CoreWeave tests investor appetite for AI
31 Mar 2025
Contributed by Lukas
Investors warn that higher bond yields in Germany could make it harder for EU members to increase de...
Swamp Notes: How Medicaid cuts could shake up Maga
29 Mar 2025
Contributed by Lukas
As Congress works through President Donald Trump’s recent budget, one of the likeliest cuts on the...
China gives IPOs the green light
28 Mar 2025
Contributed by Lukas
US President Donald Trump’s auto tariffs hit carmaker shares and Chinese financial authorities hav...
Rolls-Royce flies high
27 Mar 2025
Contributed by Lukas
The US will impose tariffs of 25 per cent on imports of foreign-made autos and Piyush Gupta will ste...
Spring Statement highlights tough UK economy
26 Mar 2025
Contributed by Lukas
Beijing has introduced environmental restrictions that would prevent Chinese companies from buying N...
Are Musk’s ties jeopardising Starlink?
25 Mar 2025
Contributed by Lukas
Sources tell the FT that China is considering including services in a multibillion-dollar subsidy pr...
Foreign investors feel the pinch of US stock slump
24 Mar 2025
Contributed by Lukas
Canada’s new prime minister calls snap elections, European investors in US equities have been deal...
Swamp Notes: Why Democrats can’t get their act together
22 Mar 2025
Contributed by Lukas
As US President Donald Trump dismantles agencies and challenges institutions across the federal...
UK races to avoid Trump tariffs
21 Mar 2025
Contributed by Lukas
European countries are considering how to take on greater responsibilities for the continent’s def...
Does the Olympic business model still work?
20 Mar 2025
Contributed by Lukas
The Federal Reserve is still in wait-and-see mode, a handful of technology start-ups are expected to...
Boeing struggles in the final frontier
19 Mar 2025
Contributed by Lukas
Vladimir Putin has ordered Russia’s military to refrain from striking Ukrainian energy infrastruct...
Jack Ma’s AI comeback
18 Mar 2025
Contributed by Lukas
Vladimir Putin has allowed a group of western asset managers and hedge funds to offload Russian secu...
Saudi Arabia puts outside consultants on notice
17 Mar 2025
Contributed by Lukas
HSBC and UBS are expanding their wealth management arms in India, and the consulting boom in Saudi A...
Swamp Notes: Why Trump may want a weaker dollar
15 Mar 2025
Contributed by Lukas
This week, the value of the American dollar continued to decline. The plunge has been attributed to ...
Modi’s tariff tap dance with Trump
14 Mar 2025
Contributed by Lukas
Russian President Vladimir Putin has indicated Moscow is unwilling to drop its maximalist demands ov...
Lights out at Northvolt
13 Mar 2025
Contributed by Lukas
Elon Musk’s efficiency drive failed to prevent US federal spending rising to a record $603bn in Fe...
Nissan pushes CEO out
12 Mar 2025
Contributed by Lukas
The S&P 500 dipped into correction territory on Tuesday and Nissan has pushed out chief executiv...
Is this dotcom bust 2.0?
11 Mar 2025
Contributed by Lukas
Wall Street stocks fell on Monday, and Pimco has recorded a 17% paper profit on its portion of a £3...
The Trump nominee uniting Democrats and Republicans
10 Mar 2025
Contributed by Lukas
Canada’s Liberal party selects a new leader, and US President Donald Trump’s nominee to lead the...
Swamp Notes: Trump’s transatlantic divorce
08 Mar 2025
Contributed by Lukas
European leaders met twice this week to discuss a plan to protect Ukraine — without US leadership....
Tariff uncertainty continues market volatility
07 Mar 2025
Contributed by Lukas
Donald Trump’s crypto project made at least $350mn from the launch of his memecoin, and FT markets...
The Trump bump on Canadian politics
06 Mar 2025
Contributed by Lukas
US President Donald Trump has handed carmakers a one-month reprieve on tariffs on imports from Mexic...