Fresh challenge for US Treasuries dominance
Financial Times
— · 12min
President Donald Trump said Lebanon and Israel had agreed to a 10-day ceasefire, the US Treasury’s status as the world’s lowest-cost dollar borrower is facing a fresh challenge, and Netflix’s chair and founder is stepping down.
Plus, Iran secretly acquired a Chinese spy satellite that has helped it target US military bases across the Middle East during the war, and shares in the world’s biggest chocolate maker aren’t looking so sweet.
Mentioned in this podcast:
https://www.ft.com/content/34c827e4-eda0-4094-ab29-d104c49469c6?accessToken=zwAAAZ4yELuOlNOtIXlkvMlGitOGj4EOEYpPvM80yCfk7aBAlNOrKdEExJRpxtP62dDKC3pMItOM_vsm_qkhm9PKYw59QJ5FndOKmNoxVcqwdAE.MEQCIAinBILv_YGeu0e-PilMuISN-BPcf_2IJ5o6Ag7CV-g5AiANJ-c6086dk43XsPW9FwG8gtXK0t21bJpJtpVGoYhJDA&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Israel and Lebanon agree 10-day ceasefire, Trump says
https://www.ft.com/content/ad217964-bcc9-468a-868f-810e118a4fbc?accessToken=zwAAAZ4yELuOlNOtIXlkvMlGitOGj4EOEYpPvM80yCfk7aBAlNOrKdEExJRpxtP62dDKC3pMItOM_vsm_qkhm9PKYw59QJ5FndOKmNoxVcqwdAE.MEQCIAinBILv_YGeu0e-PilMuISN-BPcf_2IJ5o6Ag7CV-g5AiANJ-c6086dk43XsPW9FwG8gtXK0t21bJpJtpVGoYhJDA&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">US’s status as lowest-cost dollar borrower challenged as investors shun Trump risk
https://www.ft.com/content/1c89d041-f46f-4190-b9b0-3565c0cdd079?accessToken=zwAAAZ4ygyCPkc8cidBB9G9BkNO5sDVlwM3QeQE.MEUCIGGT13rxYUWS18_1gEyGCRsG82PKfXor5RRjQqVr63r1AiEA3TesAGiH8G1G8iMMa_uzE9Y64Ft139OidKJg6wgGn7k&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Netflix founder Reed Hastings to step down from board
https://www.ft.com/content/1fddd2cd-1294-4e9c-a17d-5ea06b399355?accessToken=zwAAAZ4yKeYNkc8f3dLNEpROnNOhfV6gazmTVQE.MEUCIGEF7jCnhFDHIFAs6gcCVVeJhygpZRAOwU5Sqws66ucFAiEAqT5UlFl3Yk94DsNmUEIuKvZbNriLSM77YFZX6AJVh1k&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Iran used Chinese spy satellite to target US bases
https://www.ft.com/content/ca630e7d-409e-459d-8a98-da3155cab074?accessToken=zwAAAZ4yELuOlNOtIXlkvMlGitOGj4EOEYpPvM80yCfk7aBAlNOrKdEExJRpxtP62dDKC3pMItOM_vsm_qkhm9PKYw59QJ5FndOKmNoxVcqwdAE.MEQCIAinBILv_YGeu0e-PilMuISN-BPcf_2IJ5o6Ag7CV-g5AiANJ-c6086dk43XsPW9FwG8gtXK0t21bJpJtpVGoYhJDA&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Shares at world’s biggest chocolate maker Barry Callebaut plunge as cocoa prices collapse
Credit: BBC
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Today’s FT News Briefing was hosted by https://www.ft.com/sonja-hutson" rel="noopener noreferrer" target="_blank">Sonja Hutson, and produced by Saffeya Ahmed, Victoria Craig, and Fiona Symon.
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