The Federal Reserve on Wednesday held interest rates at a 22-year high, countries reached a deal at the COP28 climate summit to transition away from fossil fuels, and Germany reached a last-minute budget deal to avoid a financial shutdown. Plus, the FT’s John Paul Rathbone explains whether Israel can continue its pursuit of Hamas without losing western support.
Mentioned in this podcast:
How the COP28 deal was won but the battle for 1.5C may be lost
Joe Biden’s criticism of Israel highlights mounting unease over Gaza war
Federal Reserve keeps rates at 22-year high but hints at cuts to come
Germany agrees budget deal to plug €17bn hole after debt ruling