Most talked about Financial Times stories

Not everyone “deserves” oil market share according to Naimi

ftalphaville.ft.com — For seasoned oil watchers the latest spew of "informed commentary" hitting the media waves is probably becoming nauseating. That's because everyone from Robert Peston and Peter Hitchens to Vitol's Ian Taylor seem to have a view on the oil price decline, some making claims that "the market may have hit bottom", others hinting that the fall was too "mysterious" to be market led and the latter even admitting that even oil traders can't predict what's going to happen next.
Dec 22, 2014

RT @felixsalmon: A v important quote from the Saudi oil minister, who’s forcing the Russians to lose $ drilling ftalphaville.ft.com/2014/12/22/207… pic.twitter.com/jlhLU7QvVU

Dec 22, 2014

RT @raziakkhan: Not everyone “deserves” oil market share according to Naimi: on.ft.com/1JIO9gs #FT

Dec 22, 2014

Get ready to see Saudi sovereign paper again (if they don't just use prepays): on.ft.com/16JAJ4J (by @izakaminska)

Dec 22, 2014

RT @felixsalmon: A v important quote from the Saudi oil minister, who’s forcing the Russians to lose $ drilling ftalphaville.ft.com/2014/12/22/207… pic.twitter.com/jlhLU7QvVU

Dec 22, 2014

RT @felixsalmon: A v important quote from the Saudi oil minister, who’s forcing the Russians to lose $ drilling ftalphaville.ft.com/2014/12/22/207… pic.twitter.com/jlhLU7QvVU

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Russia faces full-blown crisis, says Kudrin

ft.com — Russia faces a "full-blown economic crisis" next year that will trigger a series of defaults and the loss of its investment-grade credit rating, a respected former finance minister has warned. Real incomes will fall by 2-5 per cent next year, the
Dec 22, 2014

RT @lionelbarber: Kudrin speaks out: Russia faces economic crisis, needs to normalise relations with West ft.com/cms/s/0/d8bf52…

Dec 22, 2014

Kudrin speaks out: Russia faces economic crisis, needs to normalise relations with West ft.com/cms/s/0/d8bf52…

Dec 22, 2014

Fmr Fin Min & Putin ally Kudrin: #Russia faces full-blown crisis. Urges Putin to restore ties with the West on.ft.com/1xDYXsx via @FT

Dec 22, 2014

RT @ObsoleteDogma: Russia’s ex-finance minister warns that their economic crisis will worsen, and they need to improve relations w/West ft.com/intl/cms/s/0/d…

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Ali Shamkhani: Iran will not seek to resume diplomatic ties with US

ft.com — Tehran will not seek a resumption of diplomatic ties with Washington even if a comprehensive nuclear deal helps to defuse tensions between the two, Iran's top security official has said. In his first interview to the international media, Ali
Dec 22, 2014

RT @rezamarashi: Don't let the headline fool you. Shamkhani says fundamental shift in U.S.-#Iran relations is possible. Very big deal. ft.com/intl/cms/s/0/a…

Dec 22, 2014

RT @Najmeh_Tehran: Ali Shamkhani: Iran will not seek to resume diplomatic ties with US: on.ft.com/1GNWFsi #FT

Dec 22, 2014

RT @Najmeh_Tehran: Ali Shamkhani: Iran will not seek to resume diplomatic ties with US: on.ft.com/1GNWFsi #FT

Dec 22, 2014

Ali Shamkhani: Iran will not seek to resume diplomatic ties with US: on.ft.com/1GNWFsi #FT

Dec 22, 2014

Fascinating take on US-Iran relations etc from Ali Shamkhani, Tehran's top security official. Intvu by @Najmeh_Tehran ft.com/cms/s/0/afcf9d…

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Saudi Arabia prepared to raise output, says oil minister

ft.com — Saudi Arabia is prepared to raise output if new customers emerge for its oil, its energy minister has said, in the latest indication that the world's largest producer is not prepared to cut production. Ali al-Naimi told the al Hayat newspaper that
Dec 22, 2014

Saudi oil minister says OPEC willing to let oil price collapse to preserve its market share ft.com/intl/cms/s/0/6…

Dec 22, 2014

Opec leader vows not to cut oil output even if price hits $20: on.ft.com/1wVyo0p @FT

Dec 22, 2014

Opec leader vows not to cut oil output even if price hits $20 - FT.com - go.shr.lc/1zcBKJu

Dec 22, 2014

Opec leader vows not to cut oil output even if price hits $20 - FT.com on.ft.com/1ConqUp via @FT

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Oil drop hits Dakota as Continental cuts

ft.com — Official confirmation that the retreat in oil prices has reached North Dakota, which has been the epicentre of the renaissance in US crude production. Continental Resources, one of the largest oil producers in the Bakken shale field in North Dakota,

Cameron has surrendered to his party’s vote-repelling right wing

ft.com — A mere opinion poll that came out last week must count as one of the political moments of the year in Britain. It did not gauge anything as tangible as voting intention, the popularity of the party leaders or their perceived economic competence.
Dec 22, 2014

RT @JananGanesh: The Conservative brand: still noxious after all these years. My column in tomorrow's FT on.ft.com/1vhwJ0U

Dec 22, 2014

The Conservative brand: still noxious after all these years. My column in tomorrow's FT on.ft.com/1vhwJ0U

Oil price slump shot in the arm for global economy, says IMF

ft.com — The plunge in the price of oil represents a "shot in the arm" for the global economy which could boost overall world economic growth by between 0.3 and 0.8 per cent, according to the International Monetary Fund. The upbeat conclusions come in a post

Oil rout would have wrecked an independent Scotland’s finances

ft.com — Scotland's North Sea revenues would have slumped to just one-fifth of Holyrood's preferred forecasts in its first year of independence if it had voted Yes, according to an Office for Budget Responsibility simulation using current oil prices. The OBR
Dec 22, 2014

It’s a really good thing Scotland didn’t vote for independence now that oil prices have halved ft.com/intl/cms/s/0/d…

Dec 22, 2014

Scotland avoided an oil-related fiscal crisis by remaining in the UK on.ft.com/1GOEwuv

Dec 22, 2014

Study suggests the slide in oil prices would have wrecked an independent Scotland’s finances ft.com/cms/s/0/d97d49…

Dec 22, 2014

The oil price slump would have wrecked the finances of an independent Scotland: ft.com/cms/s/0/d97d49…

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Russia’s ills spread around the region

ft.com — When Russia sneezes, the rest of the former Soviet Union catches a cold. Last week, as the rouble plunged as much as 36 per cent queues appeared at currency exchange points around Russia. Within days, the sense of alarm at Russia's brewing economic
Dec 22, 2014

RT @jfarchy: Will the Russian economic crisis kill the Eurasian Economic Union (and other pressing questions)? Me @FT ft.com/cms/s/0/0aa2fb…

Dec 22, 2014

Will the Russian economic crisis kill the Eurasian Economic Union (and other pressing questions)? Me @FT ft.com/cms/s/0/0aa2fb…

Takeover volumes move to highest post-crisis levels

ft.com — Corporate takeover deals surged to their highest levels since the financial crisis this year, with merger and acquisition volumes rising 47 per cent to $3.34tn globally. In the busiest period since 2007, megadeals returned with a vengeance, as

BP seeks lower penalty for Gulf of Mexico oil spill

ft.com — BP should face a lower penalty for its 2010 oil spill in the Gulf of Mexico than the $16bn-$18bn sought by the US government because of the slump in the price of crude since the summer, the company has argued. In a court filing, the British oil
Dec 22, 2014

RT @Ed_Crooks: Another consequence of the falling oil price: BP argues it should pay a smaller penalty for its 2010 spill: ft.com/cms/s/0/1df61b…

Dec 22, 2014

RT @Ed_Crooks: Another consequence of the falling oil price: BP argues it should pay a smaller penalty for its 2010 spill: ft.com/cms/s/0/1df61b…

Dec 22, 2014

RT @Ed_Crooks: Another consequence of the falling oil price: BP argues it should pay a smaller penalty for its 2010 spill: ft.com/cms/s/0/1df61b…

Dec 22, 2014

Another consequence of the falling oil price: BP argues it should pay a smaller penalty for its 2010 spill: ft.com/cms/s/0/1df61b…

Dec 22, 2014

BP wants to pay less money for the Gulf spill because oil prices are low ft.com/intl/cms/s/0/1…

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France shows courage in diagnosing its economic ills

ft.com — On page eight of a report that drips with disapproval for France's modest economic reforms, the European Commission finds room for a killer footnote. Between 1989 and 2013, the French budget deficit was above the ceiling set by the EU's fiscal rule
Dec 22, 2014

France shows courage in diagnosing its economic ills & Berlin is less reform-minded than Paris - @TonyBarber8 in @FT: on.ft.com/1Hp5Ttl

Dec 22, 2014

RT @hughcarnegy: Le 'French bashing'? Au contraire! France turning more reformist than Germany, says @FT 's @tonybarber8 ft.com/cms/s/0/a364d6…

Dec 22, 2014

Le 'French bashing'? Au contraire! France turning more reformist than Germany, says @FT 's @tonybarber8 ft.com/cms/s/0/a364d6…

Transcript: Ali Shamkhani interview

ft.com — Ali Shamkhani, Iran's top security official and secretary of the Supreme National Security Council, was interview by the Financial Times in his Tehran office on December 17. This is an edited transcript translated from Persian. The change of
Dec 22, 2014

RT @borzou: Here is link to full transcript of @Najmeh_Tehran's rare, exclusive interview w top #Iran official Ali Shamkhani on.ft.com/1sPR6RY

Dec 22, 2014

RT @ashamsla: “If [SL] was looking for an excuse, there was enough time over about 1.5 years of negotiations to break the talks” ft.com/cms/s/0/713698…

Dec 22, 2014

Here is link to full transcript of @Najmeh_Tehran's rare, exclusive interview w top #Iran official Ali Shamkhani on.ft.com/1sPR6RY

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Pope blasts Vatican bureaucrats in Christmas address

ft.com — Pope Francis scolded members of the Vatican bureaucracy in a harshly-worded Christmas greeting that listed "15 ills" that were weakening their mission, from narcissism to hypocrisy, cowardice, arrogance and even "spiritual Alzheimer's". The 78-year-o

Russia to introduce export tariff on grain

ft.com — Russia, one of the world's biggest suppliers of wheat, is preparing to introduce export duties on grain in an effort to keep prices in check and prevent further selling by traders. "We will prepare a draft resolution on grain export duties, this

The Pope’s message to Vatican clerics, reinterpreted for CEOs

blogs.ft.com — Welcome. We blog about business and strategy and how and why people who run companies take the decisions that they do. Your comments and criticism are welcome. To comment, please register for free with FT.com and read our policy on submitting comments. All posts are published in UK time.
Dec 22, 2014

The Pope’s message to Vatican clerics, reinterpreted for CEOs: on.ft.com/16JNH2q #FT

Dec 22, 2014

Vainglory, petrification & "funeral face" - the Pope identifies 15 Vatican "diseases". I reinterpret them for CEOs: on.ft.com/1zcdHu6

A year in a word: Peak

ft.com — Peak noun - 1. The pointy top of a mountain; 2. The stiff brim at the front of a cap. adj - At the highest level, maximum, as in "peak condition". colloq, vulg: very good or very bad, as in "Oh man, that rave was peeaak!!"

Healthcare at heart of robust year in M&A

ft.com — Market wisdom has it that most takeovers destroy value in the long-run. But the world's largest companies seem to have had little time for history lessons in 2014. In all, there were 96 deals worth more than $5bn completed over the past 12 months.
Dec 22, 2014

So, it's been a busy year for deals and dealmakers. I break it down here: ft.com/cms/s/0/0d6263… and here: ft.com/cms/s/0/2837f9…

Caught on the wrong side of the ‘vol’ trade

ft.com — Wall Street already has a reputation for trying to make money on everything. In 2014, investors branched out even further - into nothing at all. Years of low interest rates and unconventional monetary policies undertaken by central banks around the
Dec 22, 2014

post-crisis era of betting against vol may be coming to the end, says @tracyalloway ft.com/intl/cms/s/0/2…

Dec 22, 2014

RT @JSiegel88: And FT's @tracyalloway explains how & why Vol trade has truly become about Pennies & A Steamroller - ft.com/cms/s/0/228677…

Dec 22, 2014

Caught on the wrong side of the ‘vol’ trade - FT.com on.ft.com/1CnQfAu