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Semafor World Economy

Jeronimo Gonzalez

Jeronimo Gonzalez

Email Jeronimo
@jeronimogcc

Jeronimo is Semafor’s Operations Editor.

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Israel’s leading parties in a dead heat ahead of high-stakes election

The outcome of party negotiations could have “profound” implications for Palestinians and Israel’s relations with neighboring states.
Billboards featuring Israeli Prime Minister Benjamin Netanyahu of the Likud party (left) and former Israeli military chief Gadi Eisenkot, leader of the Yashar party (right).
Amir Cohen/Reuters

Brazil deadlocked ahead of Sunday vote

Whoever comes out on top will have to navigate a tricky balance between maintaining strong ties to China and the US.
Lula and Bolsonaro.
Lula and Bolsonaro. Jean Carniel/Reuters

China medtech exports surge, challenging global incumbents

Chinese medical equipment makers are increasingly challenging US, European, and Japanese competitors in hospitals around the world, extending Beijing’s technological prowess to yet another industry.
A man is seen through a CT scanner at the showroom of the medical imaging equipment maker Beijing Wandong WDM Medical Technology Co. during a government organised tour of the facilit.
Thomas Peter/Reuters

Economic worries abound ahead of Brazil runoff

The number of unionized workers in Latin America’s biggest economy has shrunk by almost half in the last 15 years.
An app delivery driver stands next to his motorcycle in Brazil.
Adriano Machado/Reuters

China’s AI leader DeepSeek raises $15B

The Hangzhou-based firm twice increased its financing target ahead of the latest funding round, which analysts said set the stage for an imminent public listing.
The DeepSeek logo.
Dado Ruvic/Reuters

US envoy Steve Witkoff holds talks with Putin

Russian officials have noted that the meetings are unlikely to result in any imminent agreement to end the war in Ukraine.
A photo of a previous Witkoff-Putin meeting.
Sputnik/Gavriil Grigorov/Pool via Reuters

South Korean chip makers upgrade manufacturing in China

Alibaba, ByteDance, and Tencent have also placed orders totalling $35 billion from US chipmaker Nvidia, which is already struggling to fulfill Chinese demand.

South Africa fears end of US trade deal amid growing rift

In response, Pretoria is looking to boost trade with China and India though a flood of cheap imports from the former has angered domestic producers.

Washington bans DeepSeek from government agencies

US firms have long accused Chinese rivals of “distilling” their AI models.

US and China compete for influence in Central Asia

US Secretary of State Marco Rubio sought to strike deals across resource-rich Central Asia and reverse Chinese inroads.

Brazil presidential candidates at loggerheads in the first debate

Incumbent Luiz Inácio Lula da Silva had avoided debating challenger Flávio Bolsonaro but the rightist’s first-round victory put the president on the back foot.

Tesla and Porsche unveil new models as competition with China heats up

Tesla unveiled its Roadster, first touted almost a decade ago, while Porsche revealed its first car under its new boss.

Trade talks between the US, Mexico in jeopardy

The US’ reported insistence that steel, aluminum, and car levies remain in place has thrown the negotiations into question.

China and North Korea open new bridge as ties improve

The Yalu River Bridge is now the biggest land crossing between the two allied nations.

Kenya hikes fuel prices to tame government costs

African economies have been left badly exposed because of their over-reliance on imported fuels.

Smartphone sales drop as chip costs soar

Consumers are keeping their devices for longer, and many have turned to refurbishments, an analyst at research firm Counterpoint said.

Spain’s king says control of country’s African territories is ‘non-negotiable’

Ceuta rose to international prominence in July, when more than 70,000 people swept into the tiny exclave in a matter of hours.

Houthis reportedly strike Saudi national oil company headquarters

The attacks follow a Houthi onslaught that killed 13, injured hundreds, and forced Riyadh’s airport to shut at least through Saturday.
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