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Peter Barber

Peter Barber

Weekend News Editor at Financial Times

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Influence score
44
Phone
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Location
United States
Languages
  • English
Covering topics
  • International News

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Recent Articles

ft.com

Doubts linger over Biden's industrial push - Financial Times

By the end of the second world war, the US made half of all manufactured goods globally — shipping gleaming home appliances and cars to an emerging middle class. The state of Pennsylvania alone produced more steel than the defeated nations of Germany and Japan combined. But, over the past 50 years, manufacturing’s share of gross domestic product in the US has more than halved to 12 per cent. Cheap Chinese imports began flowing into the US in the early 2000s and, by the end of that decade, China…
ft.com

America embraces Open Banking - Financial Times

Are you ready to share your entire financial life online? It’s called ‘open banking’ and it just took a big step forward in the world’s biggest market. Last month, US regulators announced measures to allow consumers’ financial data to be shared easily, following similar reforms in Europe and Australia that make it simpler to switch bank accounts and sign up for a range of financial products. Banks “know every time you tap your card, they see you got the [train], and you go get your coffee, and…
ft.com

US housing market belatedly wakes up to flood risk

Faisal Mairaj knew he was buying a house in a flood zone when he purchased a rental property in Manville, New Jersey, in 2016. But it seemed a chance worth taking: according to the US Federal Emergency Management Agency, the risk of severe flooding was only 1 per cent a year. Five years later, Hurricane Ida hit. “Ida was really bad — there was over 6 foot of water in the house,” Mairaj says. Manville, a former manufacturing town of about 11,000 at the confluence of the Raritan and Millstone ri…
ft.com

The eyes in the sky fighting climate change, one methane leak at a ...

When the Nord Stream gas pipeline between Russia and Germany was damaged by mysterious explosions in 2022, the resulting leaks of methane were so big they could be seen from space. And, for one company, they were especially notable: they helped to prove its technology for detecting emissions by satellite. GHGSat, which operates the largest collection of greenhouse gas-monitoring satellites, had already been developing the ability to detect offshore leaks of methane, as the gas has much more war…