Category: Semafor

A multilingual Norwegian drama about political polarization claimed the Palme d’Or, the Cannes Film Festival’s top prize. Following a devout Christian couple who face child abuse allegations, is a statement “against any type of fundamentalism,” the film’s director said from the stage; he also decried today’s “divided” and “radicalized” society. ...

An explosion at a coal mine in China killed at least 82 people in the country’s deadliest mining accident in years. China is the world’s largest coal producer — last year it accounted for more than half of global output — even as it rapidly expands its renewable energy buildout. ...

The US and Iran agreed in principle to a deal to reopen the Strait of Hormuz, signaling a potential end to the countries’ weekslong stalemate that has upended global commerce. The deal hasn’t been officially signed by Washington and Tehran’s leaders — President Donald Trump on Sunday said the US ...

The News Senegal President Bassirou Diomaye Faye fired his prime minister and dissolved the government, a move that will likely determine how the country manages its debt crisis but could prompt public anger. Faye’s decision to dismiss Ousmane Sonko, announced late on Friday, follows months of tension between the two ...

Reed’s view The thing about becoming a publicly traded company is that bankers have to figure out how to value businesses that often don’t fit into a neat box. But assessing how the rocket and satellite maker stacks up against other companies right now is ultimately a pretty silly exercise ...

The News The Department of Homeland Security clarified the immigration policy it announced on Friday, suggesting that current H1B visa holders could be able to “continue on their current path.” The Trump administration’s new directive called for requiring most people seeking green cards to apply for permanent residency from outside ...

The US will not impose tariffs on semiconductors in the near future, US Trade Representative Jamieson Greer said Friday. “Having tariffs on semiconductors is really important; what’s even more important, than having protection for facilities like this, is making sure we do it on the right timing and in the ...

The News Tulsi Gabbard resigned as director of national intelligence on Friday, leaving President Donald Trump with three Cabinet-level vacancies to fill as his relations with Republican senators fray. In a letter to Trump reviewed by Semafor, Gabbard cited her husband’s battle with “extremely rare” bone cancer, writing that she ...

It’s difficult to imagine the second order impacts of technologies under development today: Quantum computers, fusion reactors, humanoid robots. Their real impact won’t come from what they do directly, but from the second-, third-, and fourth-order effects they unleash across markets, labor, and geopolitics. Trying to comprehend the massive change ...

The Scoop A bipartisan quartet of US senators are proposing a resolution on Friday that expresses support for defensive arms sales to Taiwan as President Donald Trump pauses $14 billion in weapons deals with the self-governing island. The measure from Sens. Jeanne Shaheen, D-N.H., Thom Tillis, R-N.C., Susan Collins, R-Maine, ...