Donald, show us your sums.

At the end of a week when Donald Trump became the Republican nominee, he’s getting a taste of the ever-increasing scrutiny – if it wasn’t high enough already – that he’s going to face in the run-up to the November election. Read more

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Speaking of internecine politics, it seems France is the stick in the mud in trade talksbetween the European Union and Mercosur, the South American trading block. France is leading a rebellion of 13 countries concerned about the impact the deal could have on European farmers. The move comes ironically as Mercosur looks finally ready to budge on trade with a new investor-friendly government in place in Argentina and one possibly on the way in Brazil if Mr Temer gets in. Read more

Donald Tusk, European Council President (L) Jean-Claude Juncker, President of the European Commission (far R), Martin Schulz, President of the European parliament (2nd R), with Joseph Weiler

The three EU chieftains– Jean-Claude Juncker, Donald Tusk, and Martin Schulz – swapped the corridors of power in Brussels for the halls of Rome’s Capitoline Museums on Thursday night, but the magnificent setting only seemed to deepen their gloom about the state of European integration.

The trio was in the Italian capital ahead of Friday’s ceremony to deliver the prestigious Charlemagne award to Pope Francis at the Vatican. But first they had to debate the future of Europe at a time when it appears to be in serious jeopardy amid the rise of populism, weak economic growth, and, the migration crisisRead more

The Trumpistan rollercoaster is running at full tilt. Paul Ryan, the Republican speaker of the House of Representatives, declared that he was “not ready” to endorse Trump. Given that Ryan is the most powerful and most popular Republican in the country, that is a blow to Trump who claims that he wants to unify the party. Trump hit back by saying that he was “not ready” to support Ryan’s agenda.

Trump also reversed policy on accepting big donations and revealed that a former Goldman Sachs partner would help him raise money. That is a stunning development as, over the past three months, most of the people I have talked to at Trump rallies have listed the tycoon mostly funding his own campaign as one of the reasons that they were supporting him. Trump needs a lot of money to compete against Hillary Clinton, but he also risks losing some of his core support unless he can convince people, once again, that he is Houdini. Read more

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“If I get elected president, head out tomorrow and buy a seatbelt because there is going to be so much happening in the first 100 days it’s going to make your head spin,” John Kasich famously told voters in February.

For now, those Kasich, anti-head-spinning seatbelts will have to be put away. On Wednesday at 5pm EST, the Ohio governor announced he was withdrawing from the Republican race, less than 24 hours after Ted Cruz announced he too was ending his campaign – a surprise for his supporters, opponents and the media. Read more

Iraq and Syria fall apart
Iraq and Syria are coming apart, divided into warring factions that seem unable to reach an accommodation. Gideon Rachman talks to FT Middle East experts David Gardner and Erika Solomon about fading hopes for peace and what this means for the fight against Isis.

Polls in Indiana close at 6pm and 7pm depending on where you live in the state. Ted Cruz will be hoping that the protester with a “Cruzin for a Luzin” sign outside his rally in La Porte on Sunday had it all wrong. But the omens are bad for the Texan who once looked like he might cross the finish line in first place in the relatively conservative state. Read more

Ted Cruz is a world-class debater. But he met his match in Marion, Indiana when he engaged a Donald Trump fan who said the senator would find out when the Hoosier State votes on Tuesday that “Indiana don’t want you”. Cruz has been campaigning furiously, in what could be his last chance to derail Trump from getting the delegates needed to win the GOP nomination without a contested convention.

 Read more

By Gideon Rachman

Last week, as President Obama entertained the White House Correspondents’ Association dinner and Britain indulged in a bizarre debate about whether Hitler was a Zionist, more than 200 people were killed in a brutal bombardment of Aleppo. The breakdown of Syria’s fragile ceasefire promises yet more suffering in a five-year long war that has killed hundreds of thousands of people and created millions of refugees.

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Donald Trump and Ted Cruz are poised for one of their final duels in Indiana on Tuesday when the Hoosier State will help decide if the Texas senator can block the New York businessman from clinching the Republican nomination. John Kasich has basically pulled all of his resources out of the state as he makes his long-shot pitch in Oregon and California. Read more

Live updates from Berkshire Hathaway’s annual shareholders meeting in Omaha, Nebraska.

By Stephen Foley in Omaha

 

This is the latest edition of LatAm Viva, our weekly newsletter on the continent. To receive it every Friday by email, sign up here.

Many Latin Americans who like myself stepped into nightclubs for the first time as the generals in dark glasses were retreating from the political scene, used to listen to Mick Jones pounding “should I stay or should I go?” That is a question several leftwing leaders in the region maybe asking themselves these days. Read more

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John Boehner has been out of the spotlight since he was ousted as the Republican Speaker of the House last year. One of his most memorable appearances since then came via a photo he tweeted of mo​wing his new lawn in Florida. But the former Ohio congressman is back – with a vengeance. In an interview at Stanford University, he told people what he thinks about Ted Cruz, the Texas senator who is backed by the same Tea party members who dethroned him. Read more

Are we headed for a Trump vs. Clinton general election race?
The latest round of the US presidential election has seen big victories for Hillary Clinton and Donald Trump. So is it now all-but-certain that we are looking at a Trump-Clinton contest in November? The FT’s digital comment editor Sebastian Payne puts the question to Gideon Rachman and Washington bureau chief Demetri Sevastopulo​.

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Less than 24 hours after he was trounced by Donald Trump in the Acela primaries, Texas senator Ted Cruz made the unorthodox move of naming Carly Fiorina, the former Hewlett Packard boss, as his running mate – something that in most elections only happens when the presumptive nominee, which Cruz certainly is not, arrives at the convention.

Speaking in Indiana which votes next week, Cruz gave a few reasons for the move, including the need to “give the American people a clear choice”. It came across as a desperate effort to change the narrative after he lost his mathematical path to reaching 1,237 delegates – the number needed to win the nomination on the first ballot at the convention on Tuesday. Read more

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The race for the White House has moved to the northeast with five states – Pennsylvania, Maryland, Connecticut, Rhode Island and Delaware – served by the so-called “high-speed” Acela train voting on Tuesday. In the Republican race, Donald Trump is hoping to build on the momentum from his big win in New York last week as he tries to reach the 1,237 delegates needed to avoid a contested convention.

To help understand the convoluted battle for delegates, we have compiled an explainer on contested conventions. If you’re confused, believe me you belong to a big club, including Trump who has been slower than Ted Cruz in learning the ropes. Trump recently brought in Paul Manafort, a veteran Republican operative, to help him win the shadow battle for delegates, but there are signs that the billionaire is unhappy with Manafort’s efforts to make him sound and appear more presidential. Read more

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Some pacts last forever. Others can barely make it through 24 hours.

While Ted Cruz and John Kasich valiantly announced late on Sunday night that they had formed an alliance to stop Donald Trump in Indiana, Oregon and New Mexico, there are already signs that this new partnership may not be working out as planned. Read more

By Gideon Rachman

When supporters of the Vote Leave campaign sketch out a future for Britain outside the EU, they often point to the Anglosphere of English-speaking nations — bequeathed by Britain’s imperial past. So Barack Obama’s intervention in Britain’s EU referendum last week was a potentially devastating moment for the Brexit campaign. Here was the president of the US — the most powerful member of the Anglosphere — arguing forcefully for Britain to stay inside the EU.

Bernie Sanders brought his “Feel the Bern” revolution to Gettysburg where Abraham Lincoln delivered one of the most famous speeches in US history. Playing tag-team with Hawaii Congresswoman Tulsi Gabbard, a rising star in the Democratic party, he recited part of Lincoln’s 1863 Gettysburg Address: “This nation under God shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.” Watch his speech for yourself.

Sanders frequently talks about the need to reform the criminal justice system. In Gettysburg, he lambasted a system that allows private companies to run prisons. He also reminded the packed room about the infamous “kids for cash” scandal in the state that involved a businessman who ran prisons bribing a judge to send more business – jailed kids – in his direction. Read more

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Fresh off the New York primary, Donald Trump and Ted Cruz are engaging in a war of words… over restrooms.

On Thursday morning Trump was asked on the “Today” show about a recent bill signed by North Carolina’s governor which restricts transgender people to using public bathrooms that correspond to the sex on their birth certificate. Read more