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[EN] Financial Times

Rasputin by Antony Beevor — the corrupt prophet at the heart of a rotten Russian empire

The peasant who became a powerful adviser was a symptom, not the cause, of the Romanovs’ downfall, argues the ‘Stalingrad’ author

Spotify shares slump as investors fret about impact of price rises

Music streamer forecasts weaker subscriber growth and profits

Coffee, fuel and houses: why Trump has an inflation problem

The US president’s war in Iran has worsened America’s affordability crisis

Downing Street rules out temporary rent freeze

Chancellor Rachel Reeves stirred speculation by promising to ‘use every lever’ to help renters hit by Iran war fallout

America’s special relationship is ‘probably Israel’, says UK ambassador to US

In leaked remarks, Christian Turner also says it is ‘extraordinary’ that Epstein scandal has not affected sex offender’s US associates

Small shareholders keep up pressure on UK bank climate policies

Lower vote in support of NatWest chair at annual meeting

UAE to leave Opec in blow to oil cartel

Move underlines long-running frustrations with group over production quotas

Reddit may need to sell its soul for scale

Losing on aggregate, or backpage of the internet?

School politics class: ‘It’s a democratic issue’: assisted dying legislation runs out of time

Commons and Lords

Mandelson appointment ‘serious error of judgment’, Morgan McSweeney tells MPs

Keir Starmer’s former chief of staff gives evidence to Commons foreign affairs committee

Blame game continues as alleged shooter charged with attempted assassination

Also in today’s newsletter, a European leader delivers his sharpest verdict on the Middle East war yet

Russia’s loss is Ukraine’s gain in the Middle East

Moscow’s ties with Iran and its waning power in the region give Kyiv a chance to forge new partnerships in the Gulf

UK population growth downgraded as migration slows

ONS predicts number of residents will reach 71mn by 2034 due to lower fertility and immigration curbs

Oil price climbs above $110 for first time in three weeks

Brent crude rises after White House reiterates ‘red lines’ in negotiations with Tehran

Music groups BMG and Concord to merge in $14bn deal

Combined company will aim to take on record industry’s three major players

Irish bet on gas from kitchen scraps hits policy snag

Cork plant set to come online next year may end up benefiting UK’s climate goals

German births fall to lowest since postwar records began in 1946

Country faces demographic crunch as difference between deaths and births rises to highest level in its postwar history

An optimistic outlook for Warsh at the Fed

Much of the nominee’s testimony was just a different way of expressing current US monetary policy

BP warns against windfall taxes as Iran war helps profits hit 3-year high

New chief Meg O’Neill says fresh levies on outsized earnings would be a ‘highly flawed response’

Barclays takes £228mn hit from collapse of UK mortgage lender MFS

Bank to limit complex lending activities and reduce exposure to highly leveraged corporates

Get used to the long Iran war

Tehran has a strong incentive to keep the conflict going

Argentina’s energy economy booms amid Iran shock

High oil and gas export revenues could be an unexpected windfall for the South American nation

A South African artist’s act of mourning was banned from the Venice Biennale — now it’s back

Gabrielle Goliath’s ‘Elegy’, which pays tribute to a Palestinian poet killed by an Israeli strike, will be shown at the Chiesa di Sant’Antonin

Calder: Dreaming in Balance is an elating playground of floating forms

Engrossing show at Paris’s Fondation Louis Vuitton is perfectly at home in Frank Gehry’s striking building