Category: Semafor

US President Donald Trump said he would deploy 5,000 troops to Poland, reversing a prior decision as European leaders vie to contain a growing transatlantic rift. The continent is nonetheless bracing for a potential wider US troop drawdown expected to be announced as early as today, Politico reported. The straining ...

The US said Cuba had accepted $100 million in aid, a decision that may temporarily alleviate the crisis on the island nation even if a long-term solution remains elusive. A US oil embargo has significantly worsened conditions in Cuba, with regions going days without power. But US Secretary of State ...

Republicans are increasingly breaking with US President Donald Trump. GOP senators refused to vote on funding for immigration enforcement after Trump proposed a $1.8 billion “Anti-Weaponization Fund” designed to compensate those ostensibly politically targeted by the Justice Department. The party’s leaders in the House of Representatives also blocked a vote ...

China banned the import of some Nvidia chips, underscoring Beijing’s determination to produce its own advanced semiconductors in the AI race with the US. The decision dealt a blow to the American tech firm, whose CEO was a last-minute addition to US President Donald Trump’s Beijing visit and who had ...

The Trump administration’s plans for an executive order regulating artificial intelligence were put on hold this week after some of the tech industry’s biggest players, including Elon Musk, Mark Zuckerberg, and venture capitalist David Sacks, persuaded the White House to call it off, according to people familiar with the matter. ...

Washington’s Middle East partners are increasingly seeing Israel as a destabilizing force, analysts said, a perception that is shifting regional power dynamics. Turkey is bolstering security partnerships in preparation for a regional power struggle with what it views as an unrestrained Israel, buoyed by the US, The Washington Post reported. ...

US President Donald Trump on Thursday postponed signing an executive order on AI and cybersecurity over concerns it could shrink the country’s AI lead over China. The order laid out “a voluntary framework” for AI firms to share their new models with the government before their public release, stemming from ...

Major US retailers suggested shoppers are reining in spending as the Iran war raises prices on essential goods. Walmart on Thursday reported a worse-than-expected outlook, noting that its sales were driven by lower-price goods. The average number of gallons a customer buys at Walmart gas stations has fallen to 2022 ...

Economists debated whether there’s light at the end of the tunnel for China’s multiyear property slump. Home prices in the country’s largest cities have ticked up this year, and sellers’ “panic listings” have fallen. Some analysts “see a turning point” in the crisis and predict home prices will start recovering ...

The Iran war is undermining Saudi Arabia’s efforts to diversify away from oil, while boosting the kingdom’s oil revenues. Riyadh ordered government entities to freeze payments to strategy advisers, management consultants, and law firms, which were central to the kingdom’s efforts to reinvent its economy and become a global business ...