- Michael Bloomberg, New York’s mayor, has unexpectedly endorsed Barack Obama for president. The election is tight, but we’re close to finding out who’s been bluffing about their support.
- While both candidates have talked about tax, neither has proposed much in terms of economic policy. Robin Harding read between the lines to see what would happen if Obama or Romney won. The New York Times’ public editor has deemed Nate Silver’s bet offer to Joe Scarborough as “innappropriate”, saying it gives “ammunition to the critics who want to paint Mr. Silver as a partisan who is trying to sway the outcome.”
- New York is getting back to work with a struggle, despite losses that could total $50bn. One chief executive has taken shelter with friends after spending a night at his own property with no power, “wishing for the first time that he owned a shotgun.” The storm could shave half a percentage point off the nation’s economic growth in the current quarter. Atlantic City, already suffering before the storm, has been hit particularly hard.
- Simon Rabinovitch has profiled Wang Qishan, a straight-talking Chinese Communist party official who does a lot of cleaning up after others and is likely to be a shoo-in for promotion to the standing committee of the politburo.
- China’s ambassador to the UK has written an op-ed for the FT and it is stoking up quite some debate. “Many historians have compared postwar Japan and Germany,” he writes. “Their conclusions are consistent: unlike Germany, Japan has never seriously reflected on its behaviour during the second world war.”
- Nigeria is attempting to renovate its agricultural industry and Xan Rice has travelled to Shonga to see how successful the move has been.
- A senior intelligence official has given David Ignatius at the Washington Post the CIA’s version of events at Benghazi, when ambassador Chris Stevens was killed. Meanwhile journalists have found at the compound drafts of letters expressing concern over “troubling” surveillance and inadequate security.
© The Financial Times Ltd 2013 FT and 'Financial Times' are trademarks of The Financial Times Ltd.