As #COP26 continues, @ftmag meets those working on the ground where climate change has reached an emergency point.
@simonmundy recalls the stories he learnt on his two-year, 26-country journey across the frontlines of the climate crisis ft.com/content/e3bfb9…
During Copenhagen’s COP15 in 2009, the Maldives' then-president Mohamed Nasheed chaired an underwater cabinet meeting. He wanted to show the world the effects rising sea levels would have on his 1,000-plus island country if we fail to cut carbon emissions ft.com/content/e3bfb9…
When Mundy met Nasheed in 2019, the president was pessimistic. After COP15 talks collapsed, he started doubting the impact of the UN’s climate summit. The COP approach of nearly 200 countries reaching unanimous consensus is a recipe for failure, he said ft.com/content/e3bfb9…
In the fishing village of Ilulissat Mundy met Konrad ‘Koni’ Steffen, who spent 30 years monitoring Greenland’s shifting ice sheet. He told him about how Swiss Camp, his outpost on ice which attracted visits from world leaders collapsed as temperatures rose ft.com/content/e3bfb9…
Around the Solomon Islands waters are rising by nearly 1cm per year. In the island of Taro communities have begun to relocate. Mundy spoke to some residents, and they told him they no longer felt safe but the cost of rebuilding was far above their budget ft.com/content/e3bfb9…
In Dhaka, saltwater intrusion is shattering rice farming communities. Increased flooding and cyclones has turned the soil salty; the crop is suffering. Farmers from the villages are pouring into the overcrowded slums of Bangladesh’s capital ft.com/content/e3bfb9…
These are just a few of the human stories behind the ‘greatest challenge of our history’. @simonmundy's 2-year journey – charted in his new book ‘Race for Tomorrow’ – has uncovered many more. Read on here 👉 ft.com/content/e3bfb9…
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Four FT pieces were recognised at the 2023 Awards for Editorial Excellence by the Society of Publishers in Asia. Read the winning works 👇 (1/5)
A shortage of heirs jeopardises Japan's family enterprises and threatens its economy. This engaging read by @Urbandirt, @SugiuraEri and @slodek earned an award for excellence in arts and culture reporting (2/5) ft.com/content/dc5c19…
@Urbandirt's commentary on rising resentment among Japan's young workers towards unproductive older colleagues received an honourable mention (3/5) ft.com/content/4012c8…
New investigation: thirteen women who worked for Odey Asset Management or had dealings with its founder Crispin Odey told the FT that he abused or harassed them.
The incidents, which occurred between 1998 and 2021, included masturbating on a female entrepreneur after a business meeting and forcing a friend’s hand on to his penis ft.com/content/e5d143…twitter.com/i/web/status/1…
The FT once described Crispin Odey as ‘a large puppy in a pinstripe suit’. For three decades he has reigned over London’s hedge fund scene.
At his firm, once one of Europe’s largest hedge fund companies, he found many of his targets ft.com/content/e5d143…
🧵'Dare to fight' — Xi Jinping used the phrase recently to sum up China's new foreign policy. We break down Beijing's bid to shape the world around its own interests 👇(1/7) on.ft.com/42T0VXA
Xi has adopted a more assertive stance on foreign relations in the past decade, militarising artificial islands in the disputed South China Sea and becoming more aggressive towards Taiwan (2/7) on.ft.com/42T0VXA
Since 2013, China has sent more diplomatic missions to the Middle East than the west. This month, it convinced Iran and Saudi Arabia to resume diplomatic ties after a seven-year rift (3/7) on.ft.com/42T0VXA
🧵UBS executives have started trying to sell investors on the benefits of its $3.25bn shotgun marriage with Credit Suisse. Here's what the Swiss bank might look like after it fully takes over its defunct rival 👇 (1/6) on.ft.com/40lq9M8
🏦 After the takeover, UBS would become the second-largest private bank in the world after Morgan Stanley, with $3.4bn of wealth management assets (2/6) on.ft.com/40lq9M8
👥 If UBS holds on to Credit Suisse's most valuable asset, its domestic bank, thousands of jobs could be threatened as branches are closed and duplicate administrative roles removed (3/6) on.ft.com/40lq9M8
🧵 How is China's economy doing? We break down Beijing's first comprehensive overview of economic activity since it ended its zero-Covid rules in three charts 👇 (1/5) on.ft.com/3ZZiEdQ
🛍️ China's retail sales grew 3.5% year on year in the first two months of 2023, compared with declines in the previous three months (2/5) on.ft.com/3ZZiEdQ
🚘 But there were some weak spots in the positive retail figures. China's car sales contracted 9.4% year on year in January and February, compared with growth of 4.6% in December (3/5) on.ft.com/3ZZiEdQ