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Jonathan Reynolds rules out targeting assets of the rich to plug growing hole in public finances

As America disengages, other countries are having to work together to find solutions to global problems

Current and former officials view the US president’s widening assault on the central bank with alarm

Microsoft is spending $80 billion on AI initiatives in 2025, and CEO Satya Nadella says headcount is “relatively unchanged” even despite mass layoffs.

Clash with central bank chief comes during tour of $2.5bn renovation project of institution’s headquarters