By Luisa Frey
♦ Aid workers’ comparison of typhoon Haiyan’s devastation in the Philippines with the one after 2004 Indian Ocean tsunami is “daunting”, says Shawn Donnan. It raises questions about whether the world has learned lessons and will apply them now.
♦ In Europe, Germany’s “holy trinity” – tight monetary policy, export-led growth and financial system dominated by small banks – came under fire last week from the ECB and the European Commission, comment’s Peter Spiegel in Brussels.
♦ Three hospitals in northern Israel have been treating severely wounded Syrians, reports FT’s John Reed. Some of the wounded are civilians, while others acknowledge affiliation with the Free Syrian Arming fighting Bashar al-Assad.
♦ Outside private funds are helping sustain the Syrian conflict, writes The New York Times. They exacerbate divisions in the opposition and strengthen its most extreme elements.
♦ Mike Giglio, from BuzzFeed, tells the story of a Syrian activist who believes the revolution is already lost.
♦ Iran’s Supreme leader Ayatollah Ali Khamenei’s organisation Setad has been used to amass assets worth tens of billions of dollars. Its holdings rival the ones of the late shah and support Khamenei’s power over the country, according to Reuters. Read more
© The Financial Times Ltd 2015 FT and 'Financial Times' are trademarks of The Financial Times Ltd.