The impeachment of Dilma Rousseff thrusts new president Michel Temer into the spotlight at a time when the country is suffering the worst recession in more than a century. The FT’s John Paul Rathbone and Joe Leahy discuss what lies ahead for Mr Temer and the country.
Saudi Arabia is planning its first international sovereign bond issue this year, with a $15bn sale that has generated huge interest from Asian investors. John Murray Brown asks Simeon Kerr, the FT’s Gulf correspondent, and Elaine Moore, capital markets correspondent, what’s behind the Saudi move and why Asian investors are so enthusiastic.
In this week’s FT Money show, presenter Claer Barrett is joined by Jason Hollands, managing director of investment adviser Tilney Bestinvest, to discuss how wealthy investors are pushing up demand for tax-efficient Venture Capital Trusts (VCTs) as new rules restrict how much they can save into their pensions. Plus, reaction to Andy Haldane’s comments on how he’d pick property over a pension, and the early impact of London’s 24 hour tube.
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