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Semafor World Economy

Lauren Morganbesser

Lauren Morganbesser

Newsroom Fellow

Email Lauren

Global leftist leaders rally in Spain

Progressive leaders of mostly small to mid-sized countries held a rally in Barcelona on Saturday, reflecting an emerging coalition of middle powers positioning themselves as alternatives to nationalist politics.
Spain’s Prime Minister Pedro Sanchez and Brazil’s President Luiz Inacio Lula da SilvaNacho Doce/Reuters

Indian companies rush to make GLP-1s

India’s pharmaceutical companies are in an intense race to create cheaper generic versions of weight-loss drugs after the patent for the active ingredient semaglutide expired in the country.
A medicine distributor displays packs of Ozempic and Wegovy in Thane, IndiaIndranil Mukherjee / AFP via Getty Images

Altman links attack to ‘great anxiety’ over AI

OpenAI CEO Sam Altman linked an attack on his home to a moment of “great anxiety” around AI.
OpenAI CEO Sam AltmanJonathan Ernst/Reuters

Hungary’s Viktor Orbán defeated after 16 years in power

An opposition party defeated Hungarian Prime Minister Viktor Orbán in national elections on Sunday, marking a stunning end to his 16-year tenure.
Péter Magyar holds a national flag following the partial results of the parliamentary electionPéter Magyar. Marton Monus/Reuters

Ex-diplomat says war has permanently harmed Qatar-Iran ties

“Attacking civilian infrastructure, under the guise of ‘we’re attacking the Americans,’ is something that Qatar views as a just bold-faced lie.”
Donald Trump shakes hands with Qatar’s Emir Sheikh Tamim bin Hamad Al ThaniDonald Trump shakes hands with Qatar’s Emir Sheikh Tamim bin Hamad Al Thani. Evelyn Hockstein/Reuters

Iran war boosts US plastics

Prices of Persian Gulf oil, the key raw material for many plastics, have surged, forcing plastic makers in Asia and Europe to cut output.
Plastic packagingChalinee Thirasupa/Reuters

Pope Leo XIV calls for peace in first Easter address

Pope Leo XIV warned the world is becoming “accustomed to violence,” urging leaders in his first Easter address to end conflict and prioritize dialogue.

DHS reminds Congress: TSA perks still on hold

Making travel less comfortable was supposed to pressure members of Congress to act, but they left Washington without passing a funding bill anyway.

Hackers hit Patel email while cyber defenses weakened by shutdown

CISA, housed within DHS and responsible for defending critical infrastructure, has been hamstrung by the ongoing shutdown.

US, China escalate trade standoff ahead of visit

China launched two probes into US trade practices, as both sides aim to build leverage before Donald Trump’s trip to Beijing in May.

Iran conflict divides Republicans at CPAC

A gathering of prominent American conservatives last week exposed deep divisions within the Republican Party over the Iran war.

Ukraine makes territorial gains as Russia loses Starlink access

Ukraine has achieved its largest domestic territorial gains in more than two years after Elon Musk cut off Starlink internet service to Russian forces, showing how digital infrastructure is redefining the modern battlefield.

Paul to oppose Mullin’s confirmation — but won’t block him

The two Republican senators sparred during Mullin’s hearing to become Homeland Security secretary

Oscars mask a Hollywood in crisis

As Hollywood celebrates the Oscars on Sunday, the glitz masks a deeper crisis for the entertainment industry: rising production costs.
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