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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy
Jeronimo Gonzalez

Jeronimo Gonzalez

Email Jeronimo@jeronimogcc

Jeronimo is Semafor’s Operations Editor.

European car sales surge driven by influx of Chinese EVs

BYD and SAIC sales in the UK jumped by a third year-on-year, with competition from Chinese brands forcing European manufacturers to slash prices.
BYD Dolphin Surf electric cars.
Annegret Hilse/File Photo/Reuters

Governments criticize Chinese naval maneuvers

China blamed the Philippines for the clash at Scarborough Shoal, a disputed part of the South China Sea.
A Philippine soldier peers through an observation telescope from a viewing deck in Philippine-occupied Thitu Island in the disputed South China Sea
Karen Lema/Reuters

Soaring egg prices expose cracks in two-track China economy

Soaring egg prices in China highlight the contrast between the slowing pace of economic growth — which some analysts say faces recession — and consumer cost pressures.
An egg factory in China.
cnsphoto via Reuters

AI is driving geopolitical instability, officials warn

AI is damaging international relations, according to experts around the world, with Chinese researchers warning it has “reduced the scope for diplomacy.”
A DeepSeek AI sign is seen at a building where the Chinese start-up’s office is located in Beijing, China.
Florence Lo/File Photo/Reuters

China shuttered 30,000 nurseries and primary schools last year

The new data is the starkest sign yet of the country’s demographic crisis.
Stringer/Reuters

Brazil vows to retaliate against US tariffs

Brasília and Washington blame each other for their trade war, which saw the US impose 25% tariffs on Brazilian imports this month.
A drone view shows trucks loaded with soybeans waiting to unload at the port of Miritituba.
Adriano Machado/Reuters

Oil hits $90 per barrel as US-Iran war escalates

Tehran vowed “not a single drop” of oil or gas would transit the Strait of Hormuz if US aggression continues.

Nigeria announces $550M education fund

The president said the fund was aimed at improving the country’s education system, a major constraint on development.

Trump alleges China meddled in 2020 US elections

The president said there were “shocking vulnerabilities” in the US election system and intelligence agencies had covered up evidence of fraud.

Xi Jinping casts himself as leader of new AI world order

The Chinese leader vowed to challenge US dominance of the sector through the release of open-source models.

Mexico rejects US claims of ties to cartels

Washington has pressured Mexico’s president to extradite officials with alleged ties to organized crime gangs, straining relations between the neighbors.

US slaps 25% tariffs on Brazil

Donald Trump has repeatedly threatened to impose tariffs on Brazil over what he says is the unfair prosecution of former Brazilian president Jair Bolsonaro.

China rare-earth export curbs risk $6.5 trillion in production

Beijing’s planned restrictions underscored the country’s chokehold over an industry that is critical to the global economy.

Human vaccine trials begin for latest Ebola strain

The trial comes as the virus spread to two new provinces in the DR Congo, fueling fears the fast-moving outbreak is becoming harder to contain.

Ukraine strikes Russian vessels in key maritime corridor

Russia ships vast amounts of oil, steel, and grain through the Kerch Strait to the Black Sea, but traffic has slowed to a trickle due to Ukrainian strikes.

US deploys Coast Guard in Pacific as China tensions rise

Tensions have risen in the region as Beijing has sought to expand its maritime and territorial claims in recent years.

China reports lowest quarterly growth in more than three years

The world second-biggest economy expanded 4.3% in Q2, as the Iran war, lackluster domestic demand, and a lingering real estate slump weighed on growth.

China exports hit record highs

Soaring fuel prices, sparked by the Iran war, helped green tech exports surge by a third in the first half of the year.