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Letter: America’s real challenge is its non-tradeable sectors
From Karthik Sankaran, Senior Research Fellow, Geoeconomics, Global South Program, Quincy Institute for Responsible Statecraft, Washington, DC, US
Letter: Kennedy knew the risks of boxing USSR into a corner
From Geoffrey Roberts, Member of the Royal Irish Academy; Emeritus Professor of History, University College Cork, Ireland
Letter: When investing in wine, Keynes spurned usual rules
From Charles Mercey, Tellisford, Somerset, UK
Letter: Why Europe is keen to recover discarded magnets
From Debra Phillips, President and Chief Executive, National Electrical Manufacturers Association, Washington, DC, US
Letter: Climate priority is to curb near-term temperatures
From Paul Bledsoe, Professorial Lecturer, Center for Environmental Policy, School of Public Affairs, American University, Washington, DC, US
Letter: Taco acronym is richer than you imagined
From Julio Bruno, London W1, UK
Letter: A few inconvenient facts about US tariffs policy
From Desmond Lachman, American Enterprise Institute, Washington, DC, US
Letter: West Nally’s Olympics: setting the record straight
From Patrick Nally, Founder, West Nally Group, Woodstock, Oxfordshire, UK
FT Crossword: Number 18,259
US legal case against Maduro to test limits of presidential power
Prosecution raises questions about use of American courts to try leader of a foreign nation
Oil prices slip after Trump’s Venezuela strikes
Investors weigh short-term disruption to Venezuelan exports against potential to eventually pump more crude
FirstFT: Trump warns Venezuela’s new leader to meet US demands or pay ‘a very big price’
Also in today’s newsletter: Britain and France strike Isis facility in Syria, and China targets online vendors in tax crackdown
Denmark tells Trump to stop threatening to seize Greenland
Danish Prime Minister Mette Frederiksen says US has no right to annex Arctic island
Trump warns Venezuelan rulers as Washington prepares to dictate policy
US president says Latin American nation’s post-Maduro leader must adhere to conditions or pay ‘a very big price’
What students should know about UK and US politics
Read a selection of FT articles on parties, voting and interest groups picked by our teacher advisers
School politics class: UK government forced into climbdown on inheritance tax for farmers
UK pressure groups
Donald Trump’s reckless intervention in Venezuela
Few will mourn Maduro’s ousting, but its manner sets a dangerous precedent
Venezuela contemplates a post-Maduro future
Ukraine allies convene in France, Chinese AI start-ups list in Hong Kong and UK retailers update on Christmas sales
Twitter and Pinterest founders launch app as antidote to social media
Biz Stone and Evan Sharp raise new funds for ‘Tangle’ as they assess the ‘devastation’ caused by online excess
‘We will not be anyone’s colony’: Caracas government seeks to reassert control
Maduro regime maintains grip on streets of capital after US raid
Berlin suspects ‘leftwing extremists’ of causing huge power outage
Tens of thousands of households without electricity and heating amid freezing temperatures
School IB business management class: BP to sell majority stake in $10bn Castrol to pay down debt
Change, sustainability
America’s drone dilemma
The US has fallen behind China in manufacturing but targeted import restrictions could help it catch up