Semafor World Economy 2026 —

Some private credit funds have misrepresented liquidity to retail investors, Goldman’s Waldron says

Without an economic problem, “we’re not going to have a big problem in private credit,” the Goldman Sachs president said at Semafor World Economy.
John Waldron (President & COO - Goldman Sachs & Co.) speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC.Kris Tripplaar/Semafor

Nobody should control the Strait of Hormuz, UAE minister says

The waterway’s disruption is a global crisis, Minister of State for International Cooperation Reem Al Hashimy said at Semafor World Economy.
Reem Al Hashimy, minister of State for International Cooperation-UAE, speaks at Semafor World Economy 2026.Annabelle Gordon/Semafor

Hyundai-LG opening battery plant after US ICE raid causes monthslong delays

CEO José Muñoz told Semafor World Economy that he has three top priorities for Hyundai: “U.S.A.”
Hyundai CEO José MuñozKris Tripplaar/Semafor

South Africa turns to Afrikaner as ambassador to US

Roelf Meyer, a key figure in the negotiations that ended apartheid, has been appointed to the role left vacant since last year.
Roelf Meyer. Deaan Vivier/Beeld/Gallo Images via Getty Images.Roelf Meyer. Deaan Vivier/Beeld/Gallo Images via Getty Images.
AD
Politics

Democrats wield power on national security votes

Democrats are weighing how to use their ample leverage on expiring surveillance powers and Iran funding.
Chris CoonsSebastian Elias Uth/Ritzau Scanpix/via Reuters

Greer: Trump administration wants to be ‘pragmatic’ on China

“We live in the real world,” the US trade representative told Semafor World Economy.
U.S. Trade Representative Jamieson Greer Kris Tripplaar/Semafor

Trump renews his threat to fire Jerome Powell

US President Donald Trump said he would fire Federal Reserve Chair Jerome Powell if he doesn’t step aside when his term expires next month, a move critics say would undermine the central bank’s independence.
Trump and Powell last yearTrump and Powell last year. Kent Nishimura/Reuters

Black Democrats want a post-Trump plan. The candidates are working on it.

Nearly a dozen potential presidential contenders showed up at Rev. Al Sharpton’s conference to talk to a deeply influential bloc of the party.

Bipartisan group of senators defends USMCA

More than three dozen senators will urge the Trump administration to extend the pact.

Immigration funding plan risks stranding Pentagon money

Senate Republicans’ plan for a quick-strike immigration enforcement funding bill could complicate plans to restock the Pentagon’s coffers.

Trump slams Meloni over pope, Iran

The US leader said Giorgia Meloni lacked “courage” for failing to join his war against Iran.

How Virginia redistricting got harder than Democrats wanted

Gov. Abigail Spanberger is pushing for a referendum on Trump’s nationwide pro-Republican remaps. Her opponents want a referendum on her.

Republicans enter spring legislative sprint

The House and Senate are speeding toward action on the Trump administration’s immigration enforcement funding and on expiring surveillance powers.

Embattled Reps. Swalwell, Gonzales quit the House

This won’t be the end of the House’s disciplinary woes.

US begins Strait of Hormuz blockade

The US began its blockade of the Strait of Hormuz on Monday, as Washington and Tehran threatened further escalation amid a shaky ceasefire.
AD