Global consumption of farmed fish and seafood is set to exceed that of wild fish this year, according to the UN’s Food and Agriculture Organisation. With the total traded fish market worth $136bn in 2013, this turning point for the industry ensures a more stable food supply but it also carries environmental risks.
Click to read more Read more
The countries in the Organisation of the Petroleum Exporting Countries rely on their foreign reserves to insulate them from a decline in oil prices. The four-month decline in the price shouldn’t affect Saudi Arabias public finances too badly — it has reserves of $739.5bn — Venezuela may have a tougher time with only $21.2bn.
The central banks might be keeping us guessing, but businesses have no doubts where they first expect interest rates to rise.
Forty-nine per cent of respondents to the latest FT/Economist Global Business Barometer said that the US Federal Reserve would be the first to raise rates, with the Bank of England a distant second with a 14 per cent share. Read more
Europe is divided by the manner in which it likes drink alcohol: the north tends to prefer beer, the south, wine. And further east spirits are more popular.
The amount the NHS spends per patient will fall by at least £98 by 2020 under funding pledges made by each of the main political parties, figures based on NHS England’s internal calculations reveal.
The figures show that despite the current “ring fence” which protects the NHS budget in England from inflation, spending measured on health officials’ preferred measure – estimated patient numbers, which take account of the fact that as people age, they get sicker – has already dropped by £50 per patient since 2009. Read more
Manufacturing and technology giants Samsung, Hyundai, SK and LG are examples of chaebol – multinational Korean conglomerates with labyrinthine ownership structures, often controlled by the founding family. Use our interactive graphic to explore the relationships between companies in each chaebol Read more
Migration from the European Union is a pretty controversial issue in Britain. Particularly in politics: the strength of the anti-EU UK Independence Party and the anxiety it causes for the two major parties is thought to be linked to public antipathy towards the high-levels of migration that followed the accession of eight eastern european countries to the EU in 2004 (EUA8).
Others have pointed out that perhaps something else is going on. The British public tend to overestimate the proportion of the country who are migrants and have been in favour of lower levels of migration for the past 50 years, even when the country was experiencing net emigration. So perhaps migration is just a vehicle for other concerns.
So I thought I would look at the relationship between the number of migrants in an area and public opinion about migration. Read more
Ordinarily, nominal gross domestic product grows faster than real GDP, but the deflation that followed Japan’s lost decade reversed this and led to both a fall in private consumption and a rise in the country’s public debt.
In the aftermath of the financial crisis most major developed economies embarked on a programme of austerity, with mixed success. Ireland stands out — it has managed to reduce its deficit from 29 per cent of GDp to 4 per cent.
That might be changing. The British government and a few others including Canada, Costa Rica, Colombia and Paraguay are working towards opening up the information about public procurement through an ‘open contracting data standard’.
The first version is launched today and sets out a technical standard for the data and documents that ought to be published at each stage of the contracting process, from the invitation to tender through to completion. Read more
At least 10 million people around the world are not recognised as nationals by any country, many are members of minority ethnic groups who have been denied citizenship by the countries in which they live.
Yesterday the first ever man made object landed on a comet. The robot Philae travelled 6.4bn kilometres before touching down on the surface of comet 67P. So far in human history the moon has been the most popular destination for trips off planet with six manned landings.
US prosecutors are offering immunity deals to junior traders in London as they try to gather evidence against banks and more senior staff in the investigation into alleged currency market manipulation. The Forex scandal is, at its core, a story about alleged wrongful sharing of information to boost trading profits. In this interactive, the FT has compiled 30 foreign exchange traders and sales staff who so far have been suspended, placed on leave or fired amid regulatory investigations that started in 2013. Read more
Which pieces are the most likely to be captured in the early rounds? What about the longest survivors? Which remain fringe actors early on before being thrown into the action as the stakes rise? Read more
Alongside the congressional midterms, four US states had initiatives on the ballot to increase the minimum wage: Alaska, Arkansas, Nebraska and South Dakota. All four states passed the proposals.
By John Burn-Murdoch and Gavin Jackson
Pity the white queen’s pawn. It tends to survive only one in every four games.
That statistic comes from an analysis of 2.2m master-level tournament games conducted by Oliver Brennan. But statistical analysis has found that overall white wins about 37 per cent of the time to Black’s 28 per cent. Read more
It was 25 years since the fall of the Berlin Wall on Sunday. The economy of the east still lags behind that of the former Federal Republic of Germany: gross domestic product per person is about 66 per cent of the level in the west, according to the IFO institute.
Britain observes memorial Sunday this weekend. In total 7,145 armed forces personnel have lost their lives during operations since world war two. The majority in three theatres: the Malayan Emergency, Northern Ireland and Korea.
Despite a 40-year ban on crude oil exports the US energy trade balance has steadily improved over the past few years as exports of refined products soar.
They cost billions of dollars, symbolise economic power and are photographed by millions, but the world’s tallest buildings also compete on a lesser known measure that pushes the limits of modern engineering: elevator speed. These ultra-fast lifts can reach speeds of 20 metres per second (45 mph) and feature technologies that use heat resistant brakes, mitigate excess vibration and adjust for air pressure to prevent ear blockages. Our graphic shows the top speeds of elevators in eight of the world’s tallest and most famous buildings, and how far they have traveled since this web page loaded Read more