In today's FT: Infrastructure projects get £15bn boost, God’s new b...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/6NPSBB/52NXCK/ATHM8X/HDGAS1/   In today's FT Friday May 31 2013 Financial Times - UK Homepage   Infrastructure projects get £15bn boost Coalition to announce £15bn for future infrastructure projects next month to stimulate the economy and challenge Labour to outline its growth plans http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/YGEA6G/6C/h?a1=2013&a2=5&a3=30   God's new banker brings Teutonic rigour To mend IOR's reputation as a haven for organised crime and corrupt Italian officials, Ernst von Freyberg has started checking every account, one by one http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/B4TQWZ/6C/h?a1=2013&a2=5&a3=30   Brussels throws 'grenade' with benefits case European Commission challenges the UK's policy of making non-UK nationals from other EU states take an additional test to qualify for benefits http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/CWH9XL/6C/h?a1=2013&a2=5&a3=30   Financial Times - US homepage   Consumer groups turn screw on agencies Mondelez and P&G are increasingly relying on social media instead of traditional agencies to directly communicate with consumers http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/WHYVBW/6C/h?a1=2013&a2=5&a3=30   US first-quarter growth revised lower Figures show consumers held up despite an increase in payroll taxes, giving some hope for momentum that will carry through to the rest of the year http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/LS21J7/6C/h?a1=2013&a2=5&a3=30   Merkel party allies accuse Hollande of shaking EU Merkel's allies criticise Hollande after the French president says it is not for the European Commission to dictate the pace of reform in France http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/20J5CB/6C/h?a1=2013&a2=5&a3=30   Financial Times - Europe homepage   Traders shrug off Tokyo stocks slide US and European shares gain amid hopes of continued asset buying by the Federal Reserve and increased equity purchases by Japan's public pension fund http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/XBI2GF/6C/h?a1=2013&a2=5&a3=30   Agnelli family aims to stay on top of Fiat Comments from chairman of carmaker and fund Exor come as bankers examine options to finance the takeover of remaining Chrysler shares http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/87UY55/6C/h?a1=2013&a2=5&a3=30   Data show Japan remains mired in deflation Factory output picked up in April but consumer prices continued to fall and manufacturers forecast further weakness ahead http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/B4TQXY/6C/h?a1=2013&a2=5&a3=30   Financial Times - Asia homepage   Pork deal tests China investment in US Offer by China's Shuanghui International for the US group comes at a sensitive moment – just ahead of a summit between Barack Obama and Xi Jinping http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/T1XOLR/6C/h?a1=2013&a2=5&a3=30   Hyundai: Changing the mould The South Korean carmaker has shaken off its reputation for shoddiness and is now reining back its breakneck expansion to focus on forging a premium brand. http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/ULK0HC/6C/h?a1=2013&a2=5&a3=30   India's power shortage is economic drain Of all the problems blamed for the recent slowdown, the electricity shortage is now regarded by government and business as among the most serious http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/Q35GUC/6C/h?a1=2013&a2=5&a3=30   World News - latest world news headlines - FT.com   Assad says Russia to honour arms deals Syria's president says in a television interview that Russia is fulfilling its agreement to deliver an S-300 air defence missile system http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/6A3K7I/6C/h?a1=2013&a2=5&a3=30   Canada turns to Kerry allies on Keystone Former aides to Obama and Kerry are among lobbyists pushing the contentious Keystone tar sands pipeline from Canada to the Gulf of Mexico http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/FD8RIW/6C/h?a1=2013&a2=5&a3=30   Battle ahead to relax Swiss banking law Switzerland's parliament is due to vote on resolving a dispute with the US, but there is so far little indication that the legislation commands a majority http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/GY6FEJ/6C/h?a1=2013&a2=5&a3=30   Stockholm moves staff to riot-hit areas Many of the moves were planned before the riots, and will cut costs 25 per cent, while it is unclear what effect they will have on local employment http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/Z8QZOG/6C/h?a1=2013&a2=5&a3=30   Offshore wealth grows despite crackdown Robust health of offshore industry is likely to fuel dispute over role of tax havens already under pressure from governments struggling with deficits http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/OF7HN2/6C/h?a1=2013&a2=5&a3=30   Companies news and analysis - FT.com   Fiat's plan sparks sense of loss in Italy Italian carmaker cannot counter the recession and high unemployment that has left the country with a feeling of national malaise http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/IE03Q0/6C/h?a1=2013&a2=5&a3=30   P&G lines up potential Lafley successors Group plans a management reshuffle that will create four key new jobs for executives likely to be in the running to eventually lead the company http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/52NXAG/6C/h?a1=2013&a2=5&a3=30   Asia growth boosts number of 'super rich' A Boston Consulting Group report says the rise in private wealth suggests global economy is finally shrugging off the effects of the financial crisis http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/IE039N/6C/h?a1=2013&a2=5&a3=30   Partnership duo in line for £4.6m payout Steve Groves and David Richardson will receive payout if annuities group hits the targets it has set to persuade investors to buy shares in its listing http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/NRZTFD/6C/h?a1=2013&a2=5&a3=30   Smiths Group in talks to sell medical unit for £2bn-plus Arm that played role in first IVF baby could be valued at £2bn-plus as London-listed parent considers possible deal after approach from potential buyers http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/VTDCB1/6C/h?a1=2013&a2=5&a3=30   Markets   Virtual currencies run into legal trouble Legal actions and regulatory manoeuvres have made life more complicated for people who hope to make a living from trading virtual currencies http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/RP4812/6C/h?a1=2013&a2=5&a3=30   Opec set to roll over oil production target Opec often surprises with last minute opinion changes, but delegates say ministers are poised to keep its official production at 30m barrels a day http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/SUW6LH/6C/h?a1=2013&a2=5&a3=30   Danger of Abenomics is it goes too far Japan may quickly discover there are worse things than deflation and zero interest rates – namely the wrong kind of inflation and high interest rates http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/1OSMCM/6C/h?a1=2013&a2=5&a3=30   Spanish banks up sovereign bond holdings Steep increase, shown in official data, helps explain why Spanish government bond yields, which move inversely with prices, continue to tumble http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/WHYVGA/6C/h?a1=2013&a2=5&a3=30   Brazil investors look beyond benchmark Bovespa is heavily weighted by liquidity as well as market capitalisation, so volatile stocks are often over-represented in the index http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/RP481U/6C/h?a1=2013&a2=5&a3=30   Financial Times - Comment   A race between growth and populism Italy's prime minister is right to warn that the biggest winners in next year's European elections could be anti-Europeans of left and right http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/T1XOLK/6C/h?a1=2013&a2=5&a3=30   Modern economics for truth seekers I had previously underlined and ticked Keynes' criticism of mainstream policy many times over, but now with hindsight believe it to be mistaken http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/DXBSKH/6C/h?a1=2013&a2=5&a3=30   The US war on terror is not yet over In some countries drones are the only face of US foreign policy. They will not help it or other countries deal with the symptoms of terrorism http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/DXBSDN/6C/h?a1=2013&a2=5&a3=30   Facebook, adverts and the lessons learnt If companies want to make money from boasting of support for a cause, they had better back it up with actions, not excuses, when a challenge arises http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/K9VUSM/6C/h?a1=2013&a2=5&a3=30   A spring in the step of seasoned hands The business pages of US newspapers are particularly energising at the moment because they are full of men who are so much older than I am http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/GY6FIA/6C/h?a1=2013&a2=5&a3=30   Financial Times - Management   The new number crunchers One of the world's first data scientists turned his geeky love of maths into a lucrative career http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/SUW61K/6C/h?a1=2013&a2=5&a3=30   Tumblr raises the bar for self-expression The platform, which is in focus after its acquisition by Yahoo, leads the way among creative microbloggers but rival services also have strengths http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/20J5V2/6C/h?a1=2013&a2=5&a3=30   Malaria campaigners fly to social media Barack Obama's re-election campaign, an online game and Amazon's order-tracking system have inspired a charity's latest fundraising programme http://link.ft.com/r/6NPSBB/UL7BE0/72FH4Q/97VN0E/MJALR5/6C/h?a1=2013&a2=5&a3=30   Special Reports - FT.com Engineering the Future Arab World: Banking and Finance Rail and Metro Golf Video Lex Ryanair pressurised Ryanair faces regulatory pressure to cut its holding in Aer Lingus after UK competition authorities showed concern that its rival’s ability to remain competitive was being affected. Lex’s Oliver Ralph and Nikki Tait discuss the airline’s reaction Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..