Trump, Venezuela and the limits of the Taco trade

Plus, banks and activist investors

Posted on Monday January 05, 2026

‘Down to the wire’: ECB’s digital euro project faces decisive vote in 2026

Central bank aims to introduce the tokens in 2029 but parties in the European parliament are divided

Posted on Monday January 05, 2026

Asda and Morrisons’ private equity owners raise £6.5bn in property deals

Proceeds from supermarket, warehouse and petrol station sales have been used to cut debt accrued in leveraged buyouts

Posted on Monday January 05, 2026

US asset managers break M&A spending record

Industry reported $38bn in transactions in 2025 as consolidation intensifies

Posted on Monday January 05, 2026

In finance, there can be too few reasons to leave

Perverse incentives and fear of the unknown keep senior bankers stuck in lucrative but unsatisfying jobs

Posted on Monday January 05, 2026

‘I applaud him’: Venezuelan diaspora hails Trump after Maduro’s capture

Florida residents rejoice at authoritarian leader’s ousting, even as some nurse apprehension about future

Posted on Monday January 05, 2026

Ex-Chevron executive seeks $2bn for Venezuelan oil projects

Donald Trump’s toppling of President Nicolás Maduro opens door to US investors eyeing world’s largest crude reserve

Posted on Monday January 05, 2026

How would Donald Trump tap ‘tremendous’ wealth from Venezuelan oil?

Industry insiders have warned the process could take years — and cost tens of billions of dollars

Posted on Monday January 05, 2026

The woman with Trump’s nod to lead Venezuela

Washington has built its transition plans around vice-president Delcy Rodríguez, a canny operator close to the oil industry

Posted on Monday January 05, 2026

Taxes will need to rise before next UK election, economists predict

Majority of respondents in FT’s annual survey say economy will not be strong enough for people to feel better off

Posted on Monday January 05, 2026