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Financial TimesSaturday, 4 April 2026
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US fighter jet shot down over Iran
Race to find two-person crew ● One reported rescued ● Trump urges defence boost to $1.5tn
The paper reports a major geopolitical incident with a focus on both the immediate human element of the missing crew and the broader political and financial implications regarding US defence spending.
A US military aircraft has been downed in Iranian territory, escalating tensions in the Middle East. The incident coincides with calls from Donald Trump for a significant increase in the US defence budget.
“Race to find two-person crew”
“Market-focused and globally minded”
Europe set for 'long-lasting' fuel crisis as UK motorists face £2-a-litre diesel
Highlights the economic and consumer impact of geopolitical shocks on European energy markets.
Crackdown on Japan's cyclists
Details a local enforcement campaign against cycling offences in Japan, contrasting harsh rules with pleasant weather.
Easter shoppers shell out despite falling cocoa price
Examines consumer behaviour and retail pricing discrepancies in the chocolate market during a seasonal peak.
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