Iran’s closure of the Strait of Hormuz is driving a return to coal — the dirtiest of the fossil fuels — with many countries rushing to secure supplies. Shares of Yancoal, one of Australia’s biggest coal producers, have surged by 40% since the start of the war, while Pennsylvania-based Core ...
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Pakistan emerges as unlikely war interlocutorPakistan emerges as unlikely war interlocutor
Pakistan is assuming a surprisingly key diplomatic role in pushing Iran and the US toward ending their war. Islamabad was isolated by Washington following its role harboring Osama bin Laden, but Pakistan is now out of the wilderness. A recent US peace proposal reached Tehran via a Pakistani-facilitated back channel, ...
Substack rival Beehiiv makes a push into podcastingSubstack rival Beehiiv makes a push into podcasting
The News Newsletter and creator startup Beehiiv is making a push into podcasting, and wants to peel off talent from Substack and Patreon. Beehiiv has privately been reaching out to independent podcasters on Substack and other platforms, hoping to convince them to become founding members of the publishing platform’s podcast ...
Axel Springer’s Döpfner courts UK conservative elitesAxel Springer’s Döpfner courts UK conservative elites
The Scoop A successful media pressure campaign from the right torpedoed Jeff Zucker’s attempt to buy the Telegraph. Axel Springer’s Mathias Döpfner is making sure that doesn’t happen again by personally courting regulators and the country’s influential conservative political figures as he attempts to get his bid to buy the ...
Politico taps a new top editorPolitico taps a new top editor
Politico tapped a current executive vice president, Jonathan Greenberger, to be the publication’s new editor-in-chief. Greenberger, who garnered internal support from outgoing editor John Harris and CEO Goli Sheikholeslami, convinced Axel Springer’s Mathias Döpfner and others at the company that Politico needed to lean into its status as a dominant ...
CBS News expands its investigative teamCBS News expands its investigative team
The Scoop CBS News is expanding its investigative journalism efforts as editor-in-chief Bari Weiss continues to reshape the network. On Monday, the company plans to announce the growth of CBS News’ Investigative Unit, Semafor has learned, an attempt to grow the network’s original reporting and get more attention by publishing ...
Tehran targets Gulf aluminum facilitiesTehran targets Gulf aluminum facilities
Tehran stepped up its attacks on Gulf nations, hitting aluminum plants in Bahrain and the UAE this weekend. The strikes add to the pressures facing global commodities markets amid disruptions to both production and shipping. The Middle East accounts for 9% of the world’s production of aluminum, an abundant metal ...
EU lawmakers advance deportation planEU lawmakers advance deportation plan
European Union lawmakers advanced a plan to deport migrants to “return hubs” outside the bloc, as the continent adopts a more Donald Trump-like posture on immigration. Rejected asylum-seekers could be detained for up to two years or sent to “third countries” under the plan, which was backed by an alliance ...
Iran conflict divides Republicans at CPACIran conflict divides Republicans at CPAC
A gathering of prominent American conservatives last week exposed deep divisions within the Republican Party over the Iran war. Some longtime Donald Trump loyalists questioned the escalation — one warned that “a ground invasion of Iran will make our country poorer and less safe” — while others praised the president’s ...
US, China escalate trade standoff ahead of visitUS, China escalate trade standoff ahead of visit
China launched two probes into US trade practices on Friday, mirroring Washington’s moves in an escalating trade standoff ahead of US President Donald Trump’s May visit to Beijing. Beijing said the investigations were reciprocal after the US opened trade inquiries into China and other countries this year. Both sides are ...