FirstFT: At the moment’s prime tales

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Democratic officers in key swing states lashed out at Donald Trump after he pledged to mount a authorized problem earlier than all of the votes are counted because the US ready for a chaotic election.

Democrats concern Mr Trump is making an attempt to spice up his re-election probabilities by making baseless claims about voter fraud, in an effort to undermine the consequence if he loses. Mail-in and early votes, which can take days to tally in key Midwest swing states, have been solid extra by Democrats in most areas, which means an early cut-off of the depend may drawback Democratic nominee Joe Biden.

Pennsylvania, a key battleground state the place each candidates spent their remaining day of campaigning, will settle for mail-in ballots which might be postmarked by election day and arrive inside three days of the election. The Supreme Courtroom just lately rejected a request from Republicans to dam that measure, however didn’t rule out revisiting the problem.

Because the media prepares for a messy election night, the Related Press is one media organisation that has committed to increased transparency in how they name outcomes. Right here’s how social media platforms will deal with election day.

On the eve of the election, Mr Biden leads nationally by 8.5 points, in response to our ballot tracker. The US stock market rebounded forward of election day. (FT, NYT, AP)

Sign up in the present day to Swamp Notes, our e-newsletter on US politics and energy, to obtain our particular post-election version on Wednesday. Don’t miss the FT’s guide for election evening.

Coronavirus digest

Within the information

Beijing interviews Jack Ma over $37bn Ant IPO The Folks’s Financial institution of China and three different Chinese language regulators mentioned on Monday that that they had summoned the founder of Ant, Jack Ma and two different executives for questions forward of the corporate’s $37bn public providing, with shares because of begin buying and selling on Thursday. (FT)

Military deployed after Vienna terror assault Austria was rocked on Monday night by multiple shootings across Vienna in what police described as a significant terrorist incident. Police reported a number of accidents and no less than one fatality in incidents throughout the capital, together with an assault exterior town’s predominant synagogue. (FT)

Various cupboard for New Zealand Jacinda Ardern has appointed probably the most diverse cabinet in New Zealand’s history, with indigenous Maori ministers making up 1 / 4 of its 20-strong members, girls taking eight posts and the nomination of a homosexual deputy prime minister. (FT)

Nanaia Mahuta, the brand new overseas minister, is one among eight girls within the cupboard © Getty Photos

Lethal assault at Afghan college Islamic State militants stormed Kabul University on Monday, leaving no less than 22 lifeless and 22 wounded within the second assault on an schooling establishment within the metropolis in as many weeks. The three gunmen had been killed by Afghan safety forces and US troops after an hours-long battle. (AP)

Tory group pushes for China interference watchdog The UK ought to arrange a “foreign interference” watchdog to assist fight espionage and affect operations by hostile international locations reminiscent of China, a report from the Conservative occasion’s Sino-British relations group has urged. (FT)

US earnings fall far lower than Wall St feared America’s third-quarter earnings season is proving less downbeat than Wall Street analysts had forecast, with corporations broadly reporting a shallower price of decline in earnings and gross sales than had been anticipated. (FT)

Ukraine constitutional conflict Volodymyr Zelensky will this week be compelled to confront Ukraine’s constitutional court over a ruling that undercut his anti-corruption drive, in what allies and analysts describe as a pivotal second for his presidency. (FT)

Johnny Depp loses excessive profile libel case The Pirates of the Caribbean star has lost a libel lawsuit in opposition to Rupert Murdoch’s Information Group Newspapers over claims he was a “wifebeater” in what legal professionals describe because the libel trial of the century. (FT)

Johnny Depp arrives on the Royal Courts of Justice in July throughout the libel case © Leon Neal/Getty Photos

The times forward

Lam travels to Beijing Hong Kong chief Carrie Lam on Tuesday will kick off a visit to Beijing, the place she’s going to meet central authorities officers to speed up financial restoration plans for her metropolis. (SCMP)

© AP

US presidential election It’s lastly right here. Individuals will vote on Tuesday to determine whether or not Donald Trump or Joe Biden might be president of the US. There may be little doubt amongst analysts that the worst-case state of affairs for markets can be a contested consequence, leaving some buyers braced for volatility. Right here’s what the election may imply for emerging markets. (FT)

Earnings round-up Chemical compounds and medicines group Bayer will subject its third-quarter earnings. BNP Paribas stories following a constructive second quarter. The state-owned oil firm Saudi Aramco, which is anticipated to make steep cuts to its capital spending to ship the promised dividend to shareholders, joins German meal-kit supplier HelloFresh and vehicle maker Ferrari in reporting on Tuesday. (FT)

What else we’re studying

Chinese language financial system outstrips US Whereas Donald Trump and Joe Biden have been busy bashing Beijing, the Chinese language financial system has emerged because the engine of worldwide progress. The irony is putting, John Plender writes. Regardless of his assaults on democratic norms, Mr Trump is the favoured candidate for some Hong Kong pro-democracy activists. (FT, Atlantic)

Democracy can fail — even in America The failure of democracy is one thing most Individuals thought occurred solely in overseas lands, however democracies can fail anywhere, writes Gideon Rachman. Painful classes learnt from the nation’s personal faltering efforts at “democracy promotion” overseas may additionally apply within the US. (FT)

© James Ferguson

International liquidity lure requires an enormous fiscal response Central banks’ pandemic measures have been important to satisfy the liquidity wants of companies and households and to protect jobs. But such insurance policies are limited in their ability to stimulate demand. Solvency dangers now predominate, writes Gita Gopinath, chief economist of the IMF. (FT)

Indian-Individuals’ rising political clout Indian-Individuals wield growing electoral influence, writes Amy Kazmin. Over the following decade, some 50,000 to 60,000 Indian immigrants a 12 months might be eligible for naturalisation, and round 40,000 US-born kids of Indian descent will come of age every year. (FT)

Trump spurs flood of Democratic donations Within the 2020 election cycle, greater than 13.6m Individuals have donated to Democratic candidates and causes via ActBlue, the primary platform for on-line Democratic giving. Donations by the tip of September totalled more than $3.8bn — triple what was raised throughout the 2018 cycle and virtually six occasions the overall in 2016. (FT)

Christine Lagarde’s year-one report card The president of the European Central Financial institution started her place atop the central financial institution stating: “I’m going to be myself, and subsequently most likely completely different.” Certainly, her tenure so far has broken with the past, even contemplating the extraordinary occasions which have marked her time period. (Bloomberg)

Console wars As Microsoft and Sony prepare to unveil the Xbox Collection X and PlayStation 5 this month, each corporations hope to match the hype for previous {hardware} launches regardless of the trade’s speedy shift to customers streaming video games on their telephones. Is the post-Covid consumer right here to remain? (FT)

Life on board the Worldwide House Station This week marks 20 years for the reason that first astronauts arrived on the International Space Station. Whereas the ISS boasts a view that’s actually out of this world, it’s additionally “smelly, noisy, messy, and awash in shed pores and skin cells and crumbs”, akin to a “horrible share home”. (The Guardian)

Video of the day

America’s subsequent housing disaster threatens Trump’s re-election US managing editor Peter Spiegel travels to Philadelphia to ask if the housing disaster attributable to coronavirus dangers derailing Donald Trump’s re-election hopes. (FT)

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