Letter: Why oil exporters now risk a bout of Dutch disease
From Elisabetta Pellini, Senior Lecturer and Co-Director of the Foundation Year; Research Fellow, Centre for Econometric Analysis, Bayes Business School, London EC1, UK
Letter: Pope’s AI warning makes the most basic point of all
From Lord Lea of Crondall, Crondall, Hampshire, UK
Letter: London’s resilience and growth are its main assets
From Gavin Poole, CEO, Here East London, London E15, UK
Singapore tries to keep Asia’s oil flowing
City-state is conduit for big share of regional energy cargoes
Populist to face outgoing president’s candidate in Colombian run-off election
Conservative Abelardo de la Espriella won most votes against leftist senator Iván Cepeda in close poll
Jay Powell warns Federal Reserve is undergoing ‘stress test’
Former chair says Donald Trump’s attempts to fire central bankers undermine the rule of law
Letter: Australia’s voting system has a lot to recommend it
From Andrew Catsaras, Narooma, NSW, Australia
Letter: Japan offers EU a template for how to deal with China
From Nick de la Forge, Co-founder and General Partner, Planet A, Berlin, Germany
Letter: The burn-up of satellites is threatening our biosphere
From Howard Radley, London NW6, UK
Letter: SpaceX’s total addressable market — it’s pure cobblers!
From Tony SK Li, Hong Kong
Letter: Has Trump just delivered on protesters’ main goal?
From Nicholas Dixey, Mundham, Norfolk, UK
FT Crossword: Number 18,388
Violence mars PSG celebrations after Champions League victory over Arsenal
French police make 780 arrests after Qatar-owned Paris Saint-Germain win trophy for second year running
School politics class: Polarisation and partisan redistricting in the US
US Supreme Court and civil rights
Berkshire buys homebuilder Taylor Morrison for $8.5bn in Abel’s first big deal
First substantial acquisition under new CEO is bet on eventual recovery in property sector
School IB psychology class: How fashion veered back into idealising skinniness
Health and wellbeing
FirstFT: Japan’s defence minister calls for talks with Beijing to resolve row
Also in today’s newsletter: SoftBank pledges €75bn to build Europe’s biggest AI facility and EU alarm over China’s industrial base in Morocco
Fed and BoE signal little desire to change monetary policy
Whether it was the effects of AI or energy, they saw the benefits of an active hold at the Reykjavik Economic Conference
Brussels officials head east with tour of Balkan capitals
EU-western Balkan summit on expansion of bloc, Netflix co-founder Reed Hastings steps down, Peru goes to the polls
Ritz-Carlton Yacht lenders ease terms to keep luxury cruise line afloat
Owners of troubled travel group inject $275mn in return for creditors delaying payment dates and relaxing terms
Operation Jailbreak: lessons from Ukraine on making weapons talk to each other
Defence companies join with Army personnel in hackathon to apply AI to ‘interoperability’ puzzle
The end of cheap
After 50 years of falling capital, labour and energy prices, the next half-century will look very different for America
How Maine’s lobster revolt could cost Trump the Senate
Soaring prices as a result of tariffs and fuel prices leave fishermen and farmers rethinking support for US president ahead of midterms
Africa’s response to Ebola must be defined by Africa itself
International support matters when it aligns with strategies built alongside regional institutions and governments