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Obama still has leverage over Israel
It is worth stepping outside the hothouse of Middle East politics for a minute to examine whether the US president will be content to see his ambitious strategy of reconciliation with the Arab and Muslim worlds held hostage by the obdurate obstruction of the government of Benjamin Netanyahu, says David Gardner
Turkey’s Ottoman mission
After decades of looking west, Ankara is re-engaging with the lands once ruled by its sultans – but this quest for a leadership role in the Muslim world holds the risk of overreach
All sitting comfortably?
David Pilling, the FT’s Asia editor, takes a look at Room to Read, the charity chosen for this year’s seasonal appeal
A suburban salesman
The K1 affair: In detaining Helmut Kiener, German prosecutors have provoked much intrigue over the hedge fund operator with big banks as clients but a history of regulatory run-ins
Man in the News: Marc Bolland
Markets have signalled high hopes in the ‘billion-dollar’ Dutchman who will lead the British high-street retailer Marks and Spencer
A wary willingness
China and America: While Barack Obama may have won Beijing’s agreement to collaborate on world problems, his hosts are reluctant to take on the costs of leadership
Goldman Sachs: Losing its glister
Goldman Sachs: On course to pay out bumper bonuses, the bank is drawing sharp public criticism – with potential damage to its brand, if not future earnings
Ports in a storm
Tax havens: With offshore centres such as Guernsey under pressure to tighten up on evaders, what will count most is where not only their deposits but also political backing come from
FT ranking of EU finance ministers
In a year when finance ministers have had to throw away their usual scripts and improvise on policy, who has come out top of the FT’s ranking? Our interactive guide shows how each of the European finance ministers was ranked politically, on economic criteria, on credibility and overall
Under a cloud
Environment: Although carbon trading schemes now function from Europe to California, abundant deficiencies are evident and any global market will look rather different, write Fiona Harvey and Ed Crooks



