Economic Growth

France issues Brexit warning, the world's longest flight and the open secret of a happy life

People cross an illuminated floor at a banking district in central Tokyo November 27, 2014. Japan's jobless rate fell and the availability of jobs edged higher in October from the previous month, government data released on Friday showed. Picture taken November 27, 2014. REUTERS/Thomas Peter (JAPAN - Tags: BUSINESS EMPLOYMENT) - RTR4FW42

People cross an illuminated floor. Image: REUTERS/Thomas Peter

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France will relocate its migrant camp from Calais to Britain and roll out “a red carpet” for bankers fleeing London if the UK leaves the EU, according to Emmanuel Macron, the French economy minister.

Speaking ahead of an Anglo-French summit, Mr Macron said the bilateral relationship could change abruptly in the event of a Brexit, including the creation of new obstacles to trade between the two countries. (FT)

In the news:

North Korea launches missiles

The country fired several “short-range projectiles” off the east coast of the Korean Peninsula less than a day after the UN voted to impose a broad array of sanctions on Pyongyang. (CNN)

Foreign policy experts round on Trump

Several dozen Republican foreign policy experts have accused Donald Trump of being “fundamentally dishonest” and “unfit” to be president, as the property developer closes in on the party’s presidential nomination. (FT)

Investigators to examine jet debris

A piece of aircraft debris that washed up on a sandbank in Mozambique has a “high possibility” of being from a Boeing 777, the same type of jet as the missing Malaysian airliner MH370, according to Malaysia’s transport minister. (FT)

Ex-Chesapeake CEO dies a day after indictment

Aubrey McClendon, the founder and former chief executive of Chesapeake Energy, has died in a car crash a day after he was indicted on charges of bid-rigging. (FT)

The longest commercial flight

An Emirates Airbus A380 jet has completed what is believed to be the world’s longest nonstop scheduled commercial flight by distance. The jet had covered a distance of about 14,200km when it touched down in Auckland after departing Dubai. (BBC)

It's a big day for:

Brazil, which will report GDP growth for 2015. Analysts estimate that Latin America’s largest economy probably shrank by 3.2 per cent. (Bloomberg)

New Zealand

The final stage in the country’s bid to change its flag has begun, with voters asked to choose between the current design and a silver fern against blue and black. (The Guardian)

Food for thought:

Banking on land

In the latest in a series of articles examining the evolution of land as an investment asset, the FT looks at the ructions it’s causing in Canada and the US. (FT)

Strangest contest set to become reality

With big wins for Hillary Clinton and Donald Trump in primaries this week, it is safe to say the US election race has — at least informally — kicked off, writes the FT's Ed Luce. “On one level it will be a conventional battle to win the hearts and minds of the squeezed US middle class. Yet it will also be the strangest match-up imaginable . . . In addition to everything else, 2016 will be a battle of the sexes.” (FT)

The curious case of the coffee murder

Business is booming for an upmarket eatery in Jakarta where a young woman keeled over after drinking an iced coffee laced with cyanide. The death has proved a morbid curiosity for the city’s well-heeled, with crowds flocking to take selfies and order the drink. (NYT)

Why stress makes your hair fall out

The life cycle of hair means it’s normal for humans to lose up to 100 strands every day. Stress, however, disrupts the growth process, leading to up to 10 times more shedding than usual. And there is always athree-month delay between the stressful event and the hair loss. (The Atlantic)

The open secret of a happy life

The longest, ongoing study of what constitutes a happy life has a simple conclusion, according to researchers at Harvard University. (WaPo)

Video of the day:

A binary outlook for sterling

Roger Blitz and John Wraith of UBS map the future of sterling in each of the probability-weighted outcomes of the EU referendum. (FT)

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