Category: Semafor

Donald Trump took credit for ending wars and confronting Iran in a defiant speech before world leaders at the UN General Assembly Tuesday, even as the US president faces mounting obstacles to his agenda at home and abroad. Trump’s approval rating fell to a record low, according to a new ...

Chinese leader Xi Jinping is expected to press President Donald Trump to halt US arms sales to Taiwan in talks this week, Reuters reported, fueling Taipei’s concerns over a frozen $14 billion deal that Trump has described as “a very good negotiating chip.” Taiwan has encouraged firms to invest in ...

The News Republicans are running away from the Iran war and scrambling to curtail high gas prices as they try to keep hold of Congress — and even some who aren’t up for reelection are breaking with the Trump administration in high-profile fashion. It’s a critical moment for the congressional ...

The News The head of the World Bank’s private-sector arm said investors “absolutely” overprice risk in Africa, inflating borrowing costs across the continent by treating dozens of diverse markets as a single investment story. Speaking at Semafor’s The Next 3 Billion event, Makhtar Diop, managing director of the International Finance ...

Director-General of the Africa Centres for Disease Control Jean Kaseya said Tuesday that the continent should begin making vaccines locally, as the Bundibugyo Ebola outbreak continues to have a huge impact on the economies of Uganda, the Democratic Republic of the Congo, Rwanda and Burundi. “It’s time for us to ...

The disruption from the Strait of Hormuz will yield a “structural shift” in the energy consumption of the billions of people who remain disconnected from the digital economy, Shell Foundation CEO Jonathan Berman said at Semafor’s The Next 3 Billion on Tuesday. Forecasts estimate it will be about three years ...

Nigeria’s trade minister on Tuesday described the country’s relationship with the US as “actually quite good” despite a 12.5% tariff Washington imposed on Nigerian exports in July as part of a broader action targeting 60 countries. “The US-Nigeria relationship is actually quite good,” Jumoke Oduwole, Nigeria’s federal minister of industry, ...

The Scoop Treasury Secretary Scott Bessent is emerging as a frontrunner for President Donald Trump’s new “AI czar” position, three sources familiar with the matter told Semafor. Bessent has long played a central role in the Trump administration’s AI policy, and this week he’s already held a critical early dialogue ...

US President Donald Trump is due to address the UN General Assembly and meet with a raft of global leaders in New York, with the specter of his war in Iran hanging over the world economy. Along with holding talks with Venezuela’s interim leader, the US president will also meet ...

UN Secretary-General António Guterres’ final general assembly as the body’s leader opens today, capping a tumultuous decade in which the global, rules-based order it represents has been called into question. A former Costa Rican vice president is the frontrunner to replace him, meaning the UN could be led by a ...