Are you often traveling to destinations abroad and cannot get your normal newspaper everywhere? Then, go for the Financial Times—it isn’t what the name suggests, only about financial matters, but a valuable source of information about how things are going in our dynamic world. I must admit that I went on many travels abroad before I recognized the general value of the Financial Times and asked for it on a plane.
I think it wasn’t until I had engaged in some stock trading as part of my pension savings that I dared open the Financial Times. But ever since, the Financial Times has been my favorite ‘on-plane newspaper.’ I often keep parts of it for future reference. Financial Times indeed brings much information about business, corporate companies, and the stock market worldwide. However, the Financial Times’s real value lies in its thorough reports and reviews of what is happening worldwide.
In general, the Financial Times provides rather neutral information and evaluation reports of the situation, sometimes with a very critical approach fitting to real professional journalism. I interpret this level of seriousness as part of the function of the Financial Times as an important source of information for big business decision-making. Fake information or biased news about the situation in a country could mislead the reader and be a catastrophe for some decisions related to big business.
Honestly, many American politicians would be much better informed about the world outside the US if they took the time to read the Financial Times daily. However, I don’t dare recommend the Financial Times to the general American, as many Americans, unfortunately, don’t read a daily newspaper but trust television news.
The television news, especially the most popular ones, isn’t that trustworthy, especially their information about the rest of the world. So, to say it mildly, I guess the world would look much different if more Americans were informed by the Financial Times as a background for their political stand and views on the world.
My original motivation for opening my first Financial Times was my interest in how the stock market was doing. It was the year before the dot.com collapse. Through my early warnings of that catastrophe for many stocks related to IT and the so-called new economy, I avoided any serious losses.
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So, also for the more commoner who cares for his future, the reading of Financial Times would be a good investment of time – and then at the same time the important benefit to achieve a much deeper understanding of how the world is working and how the life is going on around in our beautiful but fragile world.
