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Semafor World Economy

Tasneem Nashrulla

Tasneem Nashrulla

Email Tasneem
@TasneemN

Tasneem Nashrulla is a senior news editor at Semafor.

US’ Mythos restrictions heighten EU tech fears

The US government’s move to suspend foreign access to Anthropic’s powerful AI models injected fresh urgency into Europe’s plans for tech sovereignty.
EU flagsYves Herman/Reuters

Trump announces peace deal with Iran

President Donald Trump on Sunday announced that the US and Iran had finalized a deal to extend their ceasefire and reopen the Strait of Hormuz.
Vessels in the Strait of Hormuz near the beach of Bandar Abbas, IranVessels near Bandar Abbas, Iran. Amirhosein Khorgooi/ISNA/WANA via Reuters

Japan deepens defense ties with Europe

Japan and Europe are deepening defense ties amid growing unease over Washington’s security commitments, Russian aggression, and China’s surging power.
Japanese Prime Minister Sanae TakaichiJapanese Prime Minister Sanae Takaichi. Kin Cheung/Pool via Reuters

Conflicts at highest level since WWII

The Uppsala Conflict Data Program recorded 65 active conflicts.
A Ukrainian woman visits a memorial in BuchaThomas Peter/Reuters

Trump administration approves US sales for Chinese-owned Volvo

A Biden-era rule bans nearly all vehicles connected to China, while punitive tariffs have, in effect, blocked Chinese EV makers from the US market.
People look at a Volvo XC40 car during the Beijing International Automotive Exhibition, or Auto China show, in BeijingThomas Peter/Reuters

EU vows tougher trade approach to China

The EU is contending with countries that want more aggressive measures and those seeking to protect economic ties with Beijing.
European Commission President Ursula von der LeyenOmar Havana/Reuters

Taipei downplays US arms sales concerns

Taiwan’s defense minister said he remained “cautiously optimistic” about US weapons sales to the island.

China’s rising memory chip sector creates dilemma for US tech firms

Chinese firms CXMT and YMTC are gaining ground because South Korean and American chip giants can’t keep pace with AI demand.

Indian, Chinese firms ramp up foreign acquisitions

Indian and Chinese companies are racing to buy foreign firms amid mounting domestic economic and business headwinds.

Iran deal status remains uncertain

The fate of an Iran peace deal remained uncertain Monday, as both Washington and Tehran offered conflicting signals on progress.

Foreign governments dump US Treasurys amid Iran volatility

Data showed seven of the top 10 foreign holders of US government debt trimmed their holdings of US Treasurys in March.

Trump threatens ‘another big hit’ on Iran if talks fail

The US and Iran remain far apart on the terms of a potential peace deal, raising doubts about finding an off-ramp to the conflict during a strained ceasefire.

Chinese telecom giants plan to charge for AI tokens

China Telecom introduced packages targeting casual AI users, developers, and businesses, citing “token operations [as] its central strategic focus.”

Global data center operator DayOne weighs IPO in Singapore, NY

The proposed listing comes as Beijing cracked down on Meta’s purchase of Chinese AI startup Manus, which relocated to Singapore.

China lags the US in financial power, expert argues

While China and the US are commonly cast as rivals on equal footing, Beijing remains fundamentally outmatched by Washington’s financial power.

US’ record energy exports drive up fuel prices at home

The US shipped 14.2 million barrels of crude and products daily in April.

Trump suspends planned Iran strikes

The US president said he was holding off attacks on Iran at the behest of Middle East allies.

Ryanair chief downplays Europe’s jet fuel supply concerns

Michael O’Leary said he had “almost zero concerns” about a jet fuel shortage this summer.
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