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PRESS DIGEST-Financial Times - January 2

ReutersJan 2, 2026 4:54 AM

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

  • US retreats from Donald Trump’s Italian pasta tariffs

  • Bulgaria joins Eurozone despite pro-Russian disinformation

  • Iran offers to sell advanced weapons systems for crypto

  • About 40 people killed in Swiss ski resort fire, police say

Overview

  • Italy's foreign ministrysaidon Thursday the United States had sharply lowered proposed duties on several Italian pasta makers following a reassessment of their U.S. activities.

  • Bulgaria became the 21st member of the Eurozone, completing a long-sought step in its European integration despite years of political instability and pro-Russian campaigning against the move.

  • Iran is offering to sell advanced weapons systems including ballistic missiles, drones and warships to foreign governments for cryptocurrency, in an attempt to use digital assets to bypass western financial controls.

  • About 40 people have died and 115 were injured in a blaze at a bar in an upmarket Swiss ski resort, with an investigation under way to determine the cause, local police have said.

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