Dubai wants to bypass Strait of Hormuz
Financial Times
— · 10min
Ukraine received the go-ahead to buy Chinese drone parts with EU funds, the United Arab Emirates is trying to build a port that will bypass the Strait of Hormuz, and American small-cap companies are soaring after years of underperformance.
Plus, the FT’s Michael Pooler explains how Brazil’s instant payment system ended up at the centre of a new US tariff threat.
Mentioned in this podcast:
https://www.ft.com/content/f6cf99e0-21f7-47c0-b5b1-64b77c18d204?accessToken=zwAAAZ_3P00alNP2z5ngIfdHwNO1sWS3fBjSBM8fl7VIG9hByNODgAQ-xojXetPvvsmno9lF5tOK3sBmDzHsx88FqxC1D3pPN9O_UMgM3ZKEEAE.MEQCIAdDBpWHFBOjFahwaMnN3OCo3E8EWCalyTKd78yRFbkiAiBipzmPecmdFsgEgod6zfj75RAK0dtj-nle4DVqjTkyog&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Ukraine to buy Chinese drone parts with EU funds
https://www.ft.com/content/b1ab6ab2-b893-4605-b2b1-571ba9f46bd1?accessToken=zwAAAZ_3YkrWkdOxq2qyuJNGBdOysVcbqfRr0QE.MEQCIB4qGxEupFsXRzIlCjPPKHL-hhGU2Ep09G8scnNHHKJOAiBfPVaoCE_SoPpHu7tRBtH5cd-nt8BMG0ZWJ3RvQrk0Xw&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">US to resume Strait of Hormuz blockade and charge fees on ships, Trump says
https://www.ft.com/content/1f97b548-1bd8-41c8-8380-043ec688d77a?accessToken=zwAAAZ_3P00alNP2z5ngIfdHwNO1sWS3fBjSBM8fl7VIG9hByNODgAQ-xojXetPvvsmno9lF5tOK3sBmDzHsx88FqxC1D3pPN9O_UMgM3ZKEEAE.MEQCIAdDBpWHFBOjFahwaMnN3OCo3E8EWCalyTKd78yRFbkiAiBipzmPecmdFsgEgod6zfj75RAK0dtj-nle4DVqjTkyog&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Dubai plans new port to bypass Strait of Hormuz
https://www.ft.com/content/e17e6de1-d863-46f8-bfab-fa8cbfc495f0?accessToken=zwAAAZ_4BrnEkdPhfm3h2GNG-NO_q_qMv8SV8AE.MEQCIFXDZJsh8t0la9CQ2klAFz_YWu3h78CzH7vKJZOk9uQkAiBr91yw82g9X1N5Ceezxz6GQHrpuvcWJjeQl1eNy74Ceg&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Brazil rallies to defend much-loved payment system from Donald Trump’s attack
https://www.ft.com/content/05ab10b5-0f7a-4f37-bf50-c80cdd928410?accessToken=zwAAAZ_3P00alNP2z5ngIfdHwNO1sWS3fBjSBM8fl7VIG9hByNODgAQ-xojXetPvvsmno9lF5tOK3sBmDzHsx88FqxC1D3pPN9O_UMgM3ZKEEAE.MEQCIAdDBpWHFBOjFahwaMnN3OCo3E8EWCalyTKd78yRFbkiAiBipzmPecmdFsgEgod6zfj75RAK0dtj-nle4DVqjTkyog&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">US small caps soar as investors look beyond big tech
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