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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

Man in the News: Mikhail Gorbachev

Profits of doom

US Federal Reserve: An eclectic aviary

Decline but no fall

Keeping the lights on

A pause in Paris

The real reward

Woman in the News: Neelie Kroes

Boffins at bay

Failure of imagination

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