• Owning a top English football club used to be every tycoon’s dream, but five stalled sales this summer suggest the asset appears to have lost some of its lustre
  • Fears are growing that Ukraine’s Right Sector, the only big volunteer battalion Kiev has not brought under regular army control, could turn its fire on the government itself
  • The desire to avoid a power struggle within the Taliban and the Pakistan military’s push for peace talks in Afghanistan explain the silence around the death of Mullah Omar, writes Ahmed Rashid
  • Ankara is organizing Syrian rebels for an assault on the Islamic State’s last stronghold along the Turkish border and could even use its warplanes to support their advance (Foreign Policy)
  • Rohingya female migrants from Bangladesh and Myanmar seeking to escape turmoil and poverty are often tricked or forced into marriages to pay smugglers for their freedom (New York Times)

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  • An economic crisis in the Russian hinterland of Karelia, which exposes over-reliance on resource extraction and state jobs, is emerging as a microcosm of Russia’s woes
  • The rare spectacle of a banking chief behind bars is part of an unfolding crisis in the minuscule state of Andorra, wedged between France and Spain
  • Britain’s decision to join the Asian Infrastructure Investment Bank, seen as China’s answer to the World Bank, is a sensible decision – though not without risk, argues Martin Wolf
  • A former facial reconstructive surgeon turned bike gang leader has become a Russian patriotic leader, proponent of ultra-conservative views and vocal supporter of Vladimir Putin (Vice News)
  • How a slain Afghan woman became an unlikely champion for women’s rights (Washington Post)

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  • Bahrain’s royal family has built up vast private wealth, including a $900m portfolio of UK real estate, after embarking on development projects on disputed reclaimed land in the Gulf kingdom, an FT investigation reveals
  • The prospect of Greece’s self-styled “radical left” Syriza party coming to power has sown panic among investors, but its leader has softened his rhetoric and is changing tactics to reassure the business community
  • Beneath the surface of gridlock and hyper-partisanship in US political life is a national security establishment whose influence endures administrations and constantly seems to evade constraints
  • Narendra Modi has not made many sweeping reforms since he stormed to India’s premiership in May. But he has made some reforms about sweeping – showing his feel for the issues that affect the masses outside the Delhi beltway
  • The extent of the UK’s military and political catastrophe in Afghanistan is hard to overstate. It was doomed to fail before it began, and fail it did, at a terrible cost in lives and money, writes James Meek in the London Review of Books

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Is America really prepared to withdraw all its troops from Afghanistan at the end of the year? Even the European nations that also have troops in Afghanistan are none too sure. On the one hand, it is assumed in European capitals that the White House statement on Tuesday – saying that the US military had been instructed to prepare for a full withdrawal from Afghanistan – is partly bluff. It is well known that the Americans are getting on very badly with President Hamid Karzai, and want to put pressure on him. On the other, some of America’s Nato allies fear that the US might be using the argument with Karzai, as an excuse to scale back a post-2014 military commitment that they were already uncomfortable with. Read more

By Richard McGregor in Washington

After sensitive details of the raid that killed Osama bin Laden began leaking, an infuriated Robert Gates, then secretary of defence, stormed into the office of Tom Donilon, the national security adviser.

“Why doesn’t everybody just shut the f*** up?” said the incensed Pentagon chief.

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President Barack Obama applauds Robert Gates at a ceremony to mark the latter's retirement as US defence secretary in 2011

Robert Gates, the former US defence secretary, is unusual in that he has a reputation both for being loyal – and for being outspoken. He has pulled off this feat by being a model of sober discretion in office, while throwing verbal bombs on his way out – or from retirement. In speeches given in 2011, shortly before stepping down from the Pentagon, Gates came up with two memorable zingers. He told European leaders that, unless they spent more on defence, Nato would become a “military irrelevance.” And he told West Point cadets that any future defence secretary who advised the president to send a big American land army into Asia or into the Middle East or Africa should ‘have his head examined.”

Now Gates is at it again. Extracts just-released from his memoirs include some tough criticism of President Barack Obama - including the suggestion that the president did not believe in his own Afghanistan strategy, and as a result was constantly looking for the exit. He recalls, sitting in the White House, watching President Obama discussing Afghanistan, and thinking “For him it’s all about getting out.” Read more

By Luisa Frey

♦ Women are leading the revolution in Chile, writes the FT’s Benedict Mander. Michelle Bachelet and Evelyn Matthei, who will face each other in the second round of presidential elections, and young communist Camila Vallejo are good examples.

♦ As corruption scandals are revealed in Malawi, even the president has admitted that she does not know where the money has gone.

♦ In Libya, the increasingly violent rivalries between the militias that overthrew the Gaddafi regime are rendering the elected government even more powerless.

♦ “How is Hamid Karzai still standing?” asks the New York Times. As the deadline for registering candidates for next year’s presidential election approaches, Afghanistan’s future seems to depend on the fraught internal family politics of the Karzais.

♦ The New York Times describes how a law from 1938, which allowed Nazis to seize thousands of artworks seen as un-German or Jewish, now makes their recovery difficult.

♦ The Guardian says walls are being built to divide people from their neighbours around the world - from a luxury community in Brazil to barriers along the US/Mexico border and walls that separate ethnic groups in Homs, Syria. Read more

Iran's president Hassan Rouhani address the UN General Assembly (Getty)

Iranian President Hassan Rouhani has been at the UN in New York all this week, opening up the possibility of engagement with the US over Tehran’s nuclear programme. One of the most striking features of his performance is the way he has used different settings to push forward different messages about how he views the world.

In his speech to the UN General Assembly on Tuesday, Mr Rouhani took what sounded like a very traditional Iranian line. It may have had none of the apocalyptic and offensive rhetoric of his predecessor, Mahmud Ahmadinejad, on such occasions. But the speech contained plenty of passages which implied a strong attack on America’s “coercive economic and military policies.” Many experts were disappointed that it failed to deviate from Iran’s traditional script.

Mr Rouhani has also found plenty of time, however, to meet US media, and here his tone has been very different. With CNN’s Christiane Amanpour, he read out a message in English of goodwill towards Americans.

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One of the most striking and harrowing statistics that I have come across recently is the number of American military veterans who are committing suicide. Last year some 6,500 veterans killed themselves. That compares to 3,532 US military personnel who were killed in the Iraq war. The suicide rate among veterans is running at 22 a dayRead more

♦ While most in Turkey acknowledge that every Turkish ruling class has sought to put its stamp on Istanbul, there is a growing sense that none has done so as insistently as the current government. Philip Stephens thinks Mr Erdogan’s heavy-handed response has only proved the protesters right. However, the protesters themselves have been let down on all sides, says Dani Rodrik: “Sadly, there is no organised political movement that can give voice and representation to the protesters that have made their point so loudly and clearly in recent days.”
♦ As Bradley Manning’s trial continues, he has a strong network of supporters behind him – m
ore than 20,000 people have raised $1.25m for his defence.
♦ When Ben Bernanke spoke to the graduating class at Princeton this year, he seemed to confirm his intention to retire. John Cassidy considers why he would do so despite being in good health and good standing.
♦ US infantry are training Afghan troops to take over Afghanistan’s Wardak province, while trying to protect Highway 1, the lifeline that runs between Wardak and Kabul and, ultimately, their exit route out of the country.
♦ Jonah Blank explains how the US military will have to start negotiating like the Pashtuns:
A Pashtun proverb states: ‘A man with the power to fight doesn’t need to bargain.’ For more than a decade, power and money have shielded America from the necessity of negotiation. That luxury is over.” Read more

The former Republican senator can expect a bumpy ride as he answers questions on how he would play the role of President Obama’s new defence secretary. Hagel needs to persuade at least five of his former colleagues to support him to avoid a filibuster that would torpedo his appointment.

Ben Fenton, from the FT’s Live News Desk, and Johanna Kassel follow the hearing.


Facing a grilling: Chuck Hagel (Getty)

Chuck Hagel’s keenly awaited confirmation hearing on Thursday to be the next US defence secretary is likely to be dominated by the hot-button issues that have already got him into trouble with some of his fellow Republicans (and a few Democrats) – his position on Israel, his opposition to Iran sanctions, his criticism of the Iraq war and his views on gays.

If so, that will be a shame, because it would be both interesting and important to hear him explain what his brand of “principled realism” actually means for US foreign policy. The hearing could provide a seminal debate on America’s global role. Here are ten questions he should be asked.

1) Defence budget. You said in September 2011 that the defence budget was “bloated”. That was before the Pentagon announced $485bn in cuts over the next decade. Is the budget still bloated? Are more cuts possible or necessary?

2) Pentagon cuts. To meet the cuts that have already been announced, will the Pentagon need to axe some important capabilities? Can the US still afford all of its aircraft carrier groups? Is the F-35 jet fighter too expensive to support? Does the US need such a large presence in Europe? Read more

By Gideon Rachman

In their second terms, many American presidents decide to strut the global stage. Richard Nixon had his overture to China. Bill Clinton became obsessed by the Middle East peace process. George W. Bush was embroiled in the Middle East war process.

It is inevitable that a lot of the commentary and controversy about the nomination of Chuck Hagel as US Defence secretary has centered on his tetchy relationship with the Israel lobby – or the “Jewish lobby”, as Mr Hagel once injudiciously called it.

This argument is undeniably gripping. But the focus on Israel it is also obscuring the fact that Mr Hagel has surprisingly interesting views on a range of other topics – from Afghanistan to the use of military force. Some of these views place him at odds, not just with the politically correct views in Washington – but also, on the surface, with President Obama himself. Read more

Gen David Petraeus and his wife Holly walk into a Senate hearing, watched by amongst others PAula Broadwell (seated). (AFP)

It’s not everyday that serious newspapers get to combine sex, spies and the military into one story. But the escalating scandal surrounding the former head of the CIA David Petraeus over his extramarital affair with his biographer Paula Broadwell and the involvement of a growing number of other people, has provided just such an opportunity.

The saga has generated the full range of commentary. The serious questions are being asked: Why is the FBI so deeply involved in what essentially appears to be an email harassment case? Why did it take so long for lawmakers to be told? What does this say about military personalities? What are the implications for US national security? Read more

These are the pieces that got us talking over the weekend and this morning:

We’ve got some gripping reads for you today, from our own pages and elsewhere:

Shakeel Afridi in July 2010. RAUF/AFP/GettyImages

This was the week when the US and Pakistan were supposed to start patching things up. Instead, it has ended in a new round of mutual recriminations, including a rare bipartisan bout of indignation from the US Senate.

Just as the US and Nato are trying to sketch out long-term strategy to keep Afghanistan stable once most troops leave at the end of 2014, the never-ending downward spiral in US-Pakistan ties is casting those plans into ever-further doubt.

The latest signs of ill-feeling came as a Senate committee voted unanimously on Thursday evening to cut $33m from next year’s foreign aid budget for Pakistan; $1m for every year in the jail sentence that Pakistani doctor Shakil Afridi was awarded earlier this week. Read more

By Gideon Rachman

Five years ago the Americans were refusing to speak to the Taliban. Now the Taliban are refusing to speak to the Americans. That is a measure of how the balance of power has shifted in Afghanistan. The western intervention there has failed. As Nato prepares to withdraw from the country in 2014, it is only the scale of the defeat that remains to be determined.

Anxiety over Afghanistan and a power struggle in China

Jamil Anderlini joins Gideon Rachman to explain how the dismissal of Bo Xilai fits into the ongoing power struggle at the apex of the Chinese Communist Party. In Washington, where President Obama and British prime minister David Cameron are meeting this week, there is growing anxiety about Afghanistan, Geoff Dyer reports. Meanwhile, in Afghanistan itself, there is concern about what will happen to women’s rights once Nato leaves the country, Matthew Green reports from Kabul.