By Jurek Martin

The formal obituaries of Shijuro Ogata, the former deputy governor of the Bank of Japan who has died at the age of 86, will take due note of his policy making roles over a long career, invariably executed with acumen. They will also record that, as he frequently said with affection, he was hardly the most famous Ogata in his own household – his wife, Sadako, was the UN High Commissioner for Refugees for a decade and holder of more than one Japanese government humanitarian portfolio.

What is less well known is the extent to which he was single-handedly responsible for opening up the previously closed Japanese bureaucracy to the western media – and all through the device of a tea party of his own mischievous creation. Read more

• Putin is proving his skills as Russia’s great propagandist, with his use of Soviet-era symbolism alarming those fearful for the country’s democracy.

• The Ukraine stand-off offers Beijing a broader role on the global stage.

• The FT’s series on the Fragile Middle continues, with a look at how India‘s petty entrepreneurs face an uncertain future.

• About to take over a crisis-ridden company with a demoralised workforce? Look no further the Vatican under Pope Francis for a case-study in how it should be done.

• As forests of empty new housing towers fill the horizon in Chinese cities, yet more state sanctioned construction would amount to yin zhen zhi ke – “drinking poison to quench one’s thirst”.

Mukhtar Ablyazov, a former banker accused of fraud and one of the Kazakh president’s main political opponents, says the UK is being manipulated by a kleptocratic dictator after London decided to revoke his asylum status. Read more

Malaise in Brazil highlights how Latin America’s middle class could fall into poverty if growth stalls. The latest in the FT’s Fragile Middle series.

• Italy is embracing change as women are appointed to the top jobs in the country’s largest state-controlled companies.

• Oligarchs in Ukraine deny that they are siding with separatists and trying to use the threat of breakaway areas as a negotiating chip with Kiev.

• Six ways that Europe’s financial sector has changed – or at least is supposed to change.

• The New York Times shows how the five-year economic collapse in Greece has spawned a new burst of creative energy that has turned Athens into a contemporary mecca for street art in EuropeRead more

• The FT continues its Fragile Middle series with a look at how one in five Chinese are only one pay packet away from losing middle class status.

War has created civilisation over the past 10,000 years – and threatens to destroy it in the next 40.

Turkey‘s social media curbs are darkening prospects for its technology sector.

• Despite the undue frostiness that has greeted Iran’s nuclear spring, politicians and diplomats are convinced Tehran wants a deal.

It took just four years for Kim Yong-chul to go from chief lawyer at Samsung to working in a bakery. Now the most high-profile whistleblower in South Korean history is back in the spotlight.

China is unlikely to have a Lehman-style moment – but danger is lurking in the shadows. Read more

  • “When a man becomes a high official, even his chickens and dogs go to heaven”, but a Chinese corruption investigation means the route for Zhou Yongkang, his chickens and his dogs might well lead somewhere else.
  • Hollande’s drubbing is not a blank cheque for France’s mainstream right
  • Yulia Tymoshenko, Ukraine’s former premier and now a presidential candidate, urges the west to bolster the country’s military defences and impose “immensely strong” economic sanctions on Moscow.
  • Meanwhile a visit to Donetsk shows how private donations are helping Ukraine’s underfunded army with everything from food to funds to create a ‘Maginot line’ to halt Russia.
  • The Middle East Institute tracks the history of terrorism in Egypt’s Sinai with an interactive graphic.

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Turkey in turmoil over Erdogan’s Twitter ban
Gideon Rachman is joined by Daniel Dombey, Turkey correspondent, and Leyla Boulton, head of special reports and former Turkey correspondent, to discuss Prime Minister Erdogan’s ban on Twitter and what the year ahead holds for the country and its divisive leader. The Twitter ban adds to a growing cloud of controversy, with allegations of corruption and a blackmail ring also engulfing Turkey’s political system, but Erdogan has retained much of his support from conservative groups and is still polling broadly above 40 per cent as this weekend’s local elections approach.

Europe’s response to the Crimean crisis
Ben Hall is joined by Peter Spiegel, Brussels bureau chief and Neil Buckley, East Europe editor to discuss Europe’s response to Russia’s summary annexation of Crimea, the first such grab for sovereign territory by a European nation since the second world war. President Vladimir Putin’s move has prompted outrage in European capitals, and the muscular tone of his speech to the Duma on Tuesday will have triggered some alarm about Russian intentions. But Europe’s response so far seems timid, as governments weigh their economic interests with standing up to Russian aggression.

By Stefan Wagstyl

All this talk of fascism: the most abused and overused word in the political dictionary is once again being royally abused and overused.

For weeks, Russian propaganda has portrayed the protesters in the Kiev Maidan as fascist, along with the interim government, and most of western Ukraine. Now Oleksander Turchynov, Ukraine’s interim president, has returned the compliment – and called Russian president Vladimir Putin a fascist. Read more