James Ferguson illustration - South Africa superhighway
©James Ferguson

South Africa and the ‘Belindia’ trap

The legacy of injustice has shaped the country. Now it needs growth, of the right kind

From the blogs

As baby-boomers become pensioners, investors are turning into rentiers and shifting assets to bonds and to companies that harvest cash flow today
– The Exchange: Dambisa Moyo
In the aftermath of the terror attacks in Paris, this important collective defence provision may be invoked. If it is, what would it mean?
– The Exchange: Ivo Daalder
Policymakers have the potential to use this sombre moment to push for a greater good
– The Exchange: Mohamed El-Erian

Isis’ opponents must not isolate Russia

As a result of the Turkish attack, Putin might redirect his country’s policy, writes Richard Haass

Defence review: Rules of war have changed

Whitehall has neither the structure nor culture to tackle the threats we face, writes Jonathan Shaw

HBOS collapse and the winner’s curse

Most groups hit in the crisis were crippled by losses in areas far from their principal business

A false alarm on red meat and cancer

Two large trials have tested for evidence and the WHO ignored both of them, writes Gordon Guyatt

FT Editorial

Bring back the dumbphones

Apps will not help with our smartphone addiction but changing the hardware might

Trumpism has triumphed, whoever wins

Donald Trump’s invective has disrupted the character of US politics. It will be hard to change

India Inc suffers from a surfeit of debt

Amtek’s default is a cautionary tale of Indian companies abroad

QE has clouded market vision of normal

Changes in policy are often accompanied by market disruption, writes John Plender

James Ferguson illustration
©James Ferguson

A case for rapprochement with Russia

Finding a middle ground between entrenched Moscow and Washington could help end the Syria conflict

Spending review is choreographed sham

Ministers and officials say they will get it right this time, as if such a thing is in their control

We feel Europe’s fear — and need its help

Isis is a threat but so is the general chaos and collapse in the Arab world, says Jamal Khashoggi

It’s who you meet not what you learn

Intrigue your colleagues and increase your allure by getting out of the office, writes Jeremy Shapiro

Wanted: more baby-makers in China

There is precious little sign women of childbearing age plan to listen to the new fertility decree

Macri’s choice: shock treatment or gradual change

Latin America’s pink tide ebbs further with victory of Buenos Aires mayor

Activist investors target BDCs

Tax-advantaged listed fund companies targeted by activists over performance and practices

Fed risks using wrong tool to tighten

Expanding reverse repo programme would rust financial plumbing

America’s inconvenient SUV boom

Gas-guzzling models are back in vogue in the US, so why should poorer nations cut emissions?

Deal with cause, not symptoms, of Isis

Conflict and injustice attracts more recruits than we can capture or kill, writes Philip Gordon

End the folly of a borderless Europe

There are, in principle, two fixes, repair the Schengen area or revert to national systems



The Financial Times won Comment Pages of the Year at the Comment Awards from Editorial Intelligence on Monday.

FT columnists received four other honours:
Janan Ganesh was named commentariat and political commentator of the year, while Gillian Tett was business commentator of the year and Michael Skapinker business ethics commentator of the year.


Write a letter to the Editor of the Financial Times at letters.editor@ft.com or share your comments underneath our articles. To view our commenting guidelines, visit ft.com/commenting

Do you want to write an opinion piece for the Financial Times op-ed pages? Read these guidelines beforehand, say the people who edit them



Enter job search