Vanessa Friedman has been fashion editor of the Financial Times since 2002. She writes a weekly column on style, edits the Business of Fashion supplements, and helped coordinate the FT’s Business of Luxury conference. Prior to joining the FT, she was the features/fashion features director for the launch of UK In Style, and contributed regularly to The Economist, The New Yorker, Vogue, and Entertainment Weekly.

Now that the president’s wearing powder blue, everyone from Japanese Prime Minister Yukio Hatoyama to Russian President Dmitri Medvedev are ditching their red ties in favor of a lighter shade. VIEW OUR GALLERY of true blue ties.

Sarah Palin hit Oprah with a power suit perfectly designed to project coyness. Vanessa Friedman reports on Palin’s tactical style choices. Plus, view our gallery of Palin’s fashion.