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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy

Politics

India hits out at Washington criticism as ties fray further

The dispute is one of a number of risks to India’s IT sector, which contributes roughly 7% of the country’s GDP.
Officials at a call center in Bengaluru, India.
Navesh Chitrakar/Reuters

Democrats unite around Hegseth impeachment push

Given the bruising memories of President Trump’s two trials, targeting Cabinet secretaries could be a pressure release valve.
Pete Hegseth
Eric Lee/Reuters

US, Russian officials discuss Nord Stream investment: Report

Top US and Russian officials have discussed selling part of the suspended Nord Stream pipeline to an American investor, Reuters reported.
Jared Kushner, US Special Envoy Steve Witkoff and Russian presidential envoy Kirill Dmitriev
Sputnik/Mikhail Metzel/Pool via Reuters

Trump says US will not strike Iran before midterms

Oil markets largely shrugged off US President Donald Trump’s pledge on Thursday not to strike Iran before November’s midterm election.
Strait of Hormuz
Stringer/Reuters

Trump-tied firm helped organize political advisers’ Balkans travel

Chris LaCivita and James Blair’s trip to the Balkans occurred after former Trump campaign adviser Alex Garcia initially reached out, multiple people told Semafor.
Milorad Dodik
Marko Djurica/Reuters

‘Got to be more careful’: Paxton leaks prompt Republican handwringing

The Senate nominee’s campaign isn’t fatally wounded, but this week has exacerbated perceptions of disarray in a tight race.
President Donald Trump and Ken Paxton
Evan Vucci/Reuters

Trump administration blocks tech companies from visa program

Vice President JD Vance headlined an event that also announced a massive visa fraud probe of universities.

FTC advancing on its AI safety probe

The agency still faces questions about how deep its investigation will get, given the Trump administration’s light touch.

Fewer Americans support companies taking stances on hot-button issues: poll

Forty-seven percent of Americans support businesses taking stances on current events, per Gallup — down from a high of 51% last year.

Republican leadership of Senate health panel in doubt

It’s unclear who will replace Louisiana Sen. Bill Cassidy as the top Republican on the Senate HELP Committee.

How Democrats can win the Latino vote

Polling by Voto Latino shared shows 40% of Latinos backing Democrats on the generic ballot, while just 21% support Republicans.

Senate rules would change under sweeping bipartisan proposal

Sens. Steve Daines, R-Mont., and Jeff Merkley, D-Ore., want to make it easier for the body to pass popular bills.

US ‘unapologetic’ in ‘pursuit of national power,’ Rubio says

The US’ top diplomat made the case for NATO allies to build self-reliance at a speech in Athens.

The five takes that will define this midterm campaign

Many different kinds of Democrats are grabbing credit for midterm victories that aren’t official yet. Here’s your guide to the pre-spin cycle.

Is ‘abundance’ really dead?

The movement faced a wall of progressive resistance, but some Democrats are still embracing its ideas.

Unions look beyond their rolls to build a new movement

State labor groups are rolling out a broad populist agenda.

Gallego rolls out ambitious plan to insulate workers against AI

The Arizona Democratic senator talked about his agenda with Semafor — but demurred on how he’ll handle 2028.

Trump haters are more confident in election integrity, poll finds

Sixty-three percent of Democrats say they have confidence in election integrity, according to Gallup polling.