Category: Semafor

The tech stack is converging. “Our chips business is on fire, changes the economics for AWS, and will be much larger than most think,” Amazon CEO Andy Jassy said in his annual shareholder letter this week. “Virtually all AI thus far has been done on NVIDIA chips, but a new ...

The US warned its citizens against traveling to Nigeria over terrorism, civil unrest, and kidnapping risks. In a Wednesday advisory, the State Department wrote that some regions now carry its highest “do not travel” designation. Washington also authorized the departure of non-emergency embassy staff and their families from Abuja, pointing ...

Yinka’s view China’s state-owned enterprises aren’t just building roads and railways across Africa, they are reshaping markets and, increasingly, the policy environment itself. That was the central warning of a report last month by the US government-backed Africa Center for Strategic Studies. It landed even as Washington scrambles to catch ...

The News Inflation rose three times faster in March than the previous month as the war in Iran spiked fuel prices, the Labor Department reported Friday, providing the government’s first look at the conflict’s economic effects. Energy prices logged their biggest gain since 2005, with gas prices leaping more than ...

An artwork by South African artist Dumile Feni is changing the way viewers understand Pablo Picasso’s famous anti-war painting. , which was drawn by Feni using charcoal and pencil in 1967, is part of a new series at the Reina Sofía museum in Madrid, and is on display directly opposite ...

The share of residential accommodation in Cape Town’s central business district that city planners estimate is used for tourist stays rather than long-term housing. The figure, which includes units that are hotel-managed or listed on short-term rental platforms such as Airbnb, has become a proxy for how deeply tourism has ...

Chinese leader Xi Jinping warned Taiwan against moving towards “independence,” telling a visiting opposition politician from Taipei that Beijing wants to deepen cooperation with the island. The remarks during the first visit by a leader of the mainland-friendly Kuomintang party in a decade pointed to China’s attempts to control the ...

Global governments lack the fiscal capacity to deal with the economic fallout of the Iran war, analysts warned. The conflict’s consequences are still reverberating worldwide, and fears of stagflation are growing; several nations are rolling out measures to grapple with an expected cost-of-living crisis. But most economies are still dealing ...

The ceasefire deal in Iran has offered a respite for Tehran’s population, even if few there believe the conflict is truly over. Many of the Iranian capital’s 10 million people have emerged from hiding to a radically changed city: Numerous shopping streets and public squares have been obliterated by US ...

The war in the Middle East, home to some of the world’s largest air travel hubs, has upended the global aviation industry, driving carriers to new routes. British Airways said it would suspend some flights to the region through July, while opening more direct routes to Africa and India. Chinese ...