Category: Semafor

African leaders agreed on a framework to demand reparations for the transatlantic slave trade, as well as debt relief. The agreement at a summit hosted in Ghana by President John Dramani Mahama and attended by the presidents of Liberia, Namibia, and Senegal comes on the heels of a UN declaration ...

The News Gulf sovereign wealth funds are expected to look for ways to do more deals and profit from market volatility caused by the Iran war over the next few months, according to US asset manager TCW’s top executive in the region. Sovereign investors across the region, which together control ...

The News South Africa will raise the alarm over the steep decline in global health aid at a UN HIV/AIDS meeting opening today, officials said, which comes as the US plans to permanently cut its $8 billion HIV relief programme, pushing the country’s fragile coalition government toward a fiscal and ...

China imposed export restrictions on 10 US companies, including two rare-earths firms backed by Washington, marking the latest escalation in recent Sino-American trade tensions. Under the new rules, Chinese firms will be barred from providing them with dual-use equipment that could be used for military ends. Rare earths have become ...

Colombian right-wing candidate Abelardo De La Espriella won the country’s presidential run-off, marking the latest sign of Latin America’s drift to the right. Colombia joins Argentina, Bolivia, Chile, Ecuador, Honduras, and Perú, where voters have increasingly favoured conservative leaders in the face of rising crime and slowing economic growth. Some ...

The News Abu Dhabi-backed AI firm AIQ is looking to sell its products in the US, against the backdrop of the UAE’s $1.4 trillion investment commitment into the world’s largest oil producer. AIQ, a joint venture between state oil company ADNOC and Presight (itself a unit of AI firm G42), ...

One of America’s oldest magazines is investing in video after seeing notable growth in its audience in recent months. On Monday, The Atlantic’s flagship podcast, , will expand to produce twice-weekly episodes. Adam Harris will host a new video episode on Mondays that promises to focus on “the stories that ...

The News David Droga is unsentimental about how artificial intelligence is already reshaping the industry that made him advertising’s closest thing to a household name. Originality can’t be duplicated, he told Semafor in a recent conversation about the state of the advertising business, so the end result will be the ...

The Scoop The American right is arriving in force at this week’s Riviera advertising extravaganza to “force the conversation Cannes has spent decades avoiding.” On Wednesday, The Daily Wire, the conservative digital media site launched by Ben Shapiro, will make its debut during the Cannes Lions International Festival of Creativity, ...

UK Prime Minister Keir Starmer is said to be weighing “political realities” and could resign as early as Monday, setting up Andy Burnham as Britain’s next leader. As rightist parties surge across the UK, Labour members are betting on Burnham — who easily won a parliamentary seat last week — ...