Financial Times

Here we go.

Okay, so what happens when you've reached the top of your profession and decide you'd rather start again? Well, 10 years ago, that's exactly what Lucy Kellaway did after more than 30 years at the Financial Times.

She walked away from journalism and at the age of 58 decided to retrain as a teacher.

At the same time, she co-founded Now Teach, a charity that has since helped more than 1,500 experienced professionals swap careers and move into the classroom.

And thank you for that very considerate view rather than some of the hyperbole I've seen.

In fact, some of the hyperbole includes the following comment that I saw quoted in the FT. There's nowhere to hide, which I thought was from that investment manager.

Then if I was his client, I would be out like a shot because that is palpable nonsense.

There are plenty of places where markets are going up, where stocks are holding steady, where technology stocks are holding steady as well.

I'm guessing Arachi.

On the military level, there's a report by the Financial Times that Russia has agreed to supply Iran with 90 helicopter-mounted missile launchers, according to Russian defense production documents obtained by the Financial Times.

But this is not recent.

I just want to be clear.

I think this gives to all of us and all of you, our audience, the gravity of the situation.

There's also a report by the Financial Times that Russia agreed to supply Iran with 90 helicopter-mounted missile launchers, according to Russia Defense Production documents obtained by the Financial Times.

I don't think that's related to this meeting, because I'm sure this is an old order, but that report came out today.

Yeah, this is an old story, Mario, because...

Obviously, that didn't happen.

And there were also some statements out of the administration, again, saying optimistic-ish things about where the peace talks were based on, at least in Trump's case, what seems to be a somewhat fantastical interpretation He said, I think he told the Financial Times that we're getting everything we want from the Iranians in the negotiations, which I'm pretty sure is not the case.

So when he realizes that that may have been false, that could contribute to restarting the war.

Nevertheless, the tenor of comments, not just after the election, but before the election, was sort of on the side of we're gonna wait, we're not gonna go right away.

And they're advertising it like crazy in the magazines.

You know, the Financial Times, I pick it up.

There's like 10 pages of ads dedicated to the Concours and like drawings of all the different iconic Vacheron models, including the Batman and all these other models.

My thought process, though, is you have to be pretty deep as far as the Vacheron client already to be eligible to get that award, right? You're getting the stuff from the...

If a foreign government wanted to spread propaganda, it would likely be easier to do this on social media rather than by buying a newspaper that people would be aware is foreign-owned.

According to the FT, British government officials suggested that they would aim to reduce the threshold for material influence over a British media entity to below 10% ownership.

So what should we think about arguments from around the world, which often come from politicians, about how incentives or even requirements should be put in place for citizens or pension funds to invest in domestic securities? The argument in the UK for greater incentives to invest in domestic companies likely comes from the recent history of key British firms choosing to list themselves on US stock exchanges in order to attain higher valuations.

The politicians might feel that if they could push more demand for UK company shares, that high profile companies would want to list on British exchanges, rather than on American ones.

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The drug maker Indivior, a component of the FTSE 250 index, recently announced plans to move its primary listing from London to New York, with the idea that a US listing would attract more US investors and might eventually lead to inclusion in a US stock index.

A number of tech stocks like Deliveroo and Wise listed on the LSE in 2021, only to see their share prices slump.

The declines were also correlated with a broader tech sell-off, as we just discussed a little bit earlier.

Now, Musk was the biggest donor to GOP candidates in the midterm, with his financial contribution exceeding $470 million, according to the Financial Times.

Despite that, most of the candidates must back lost their races, including in Texas, where Democrat James Talarico was elected senator.

Now, Tesla and SpaceX are both headquartered in Texas and building out AI infrastructure there, including data centers and a semiconductor factory.

The Democrats now have more power in Congress to push for an end of it.

And President Trump told the Financial Times he had no immediate plans to strike Iran.

But here's a catch.

Nothing has been signed.