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Today’s Flagship
The US and Saudi Arabia are close to striking a security pact, Denmark limits access to its Ozempic, and drama at a K-pop label moves markets.
Colombia to sever ties with Israel over ‘genocide,’ president says
Raul Arboleda/AFP via Getty Images China declines to meet with US on nuclear arms control, US official says
Harvey Weinstein to be retried in New York after rape conviction overturned
Arizona lawmakers vote to repeal 1864 abortion law
Denmark, home of Ozempic, feels the drug’s effects
Reclassifying cannabis holds serious science potential — but hurdles remain
UN peacekeepers close eastern DRC base as they move to end mission
Dmitri Alperovitch says Washington on Cold War footing against China
Top Chinese COVID-19 scientist protests lab eviction
US consumer confidence slides to lowest level since 2022
Musk’s ‘absolutely hardcore’ Tesla layoffs could hurt EVs everywhere
Congressional report reveals how big oil engaged in disinformation
Trump violated gag order in New York hush money case, judge rules
Digital cameras are making a comeback
Security
China declines to meet with US on nuclear arms control, US official says
Washington had been optimistic that Beijing would come back to the table for arms-control talks.
Greg Baker/AFP via Getty ImagesDemocrats are stuck in a familiar place: Arguing over Israel
The campus protests and police sweeps are once again splitting the party.
FTC clears Exxon-Pioneer deal but with board twist
Pioneer’s former CEO, Scott Sheffield, won’t be allowed to serve on the combined company’s board as the FTC looks into price-fixing allegations, people familiar with the matter said.
Lucas Jackson/ReutersToday’s Flagship
The US and Saudi Arabia are close to striking a security pact, Denmark limits access to its Ozempic, and drama at a K-pop label moves markets.
Business
The US Fed keeps interest rates steadyThe move was expected, but investors are closely watching for hints from Fed Chair Jerome Powell about the central bank’s next moves.
Politics
Columbia president defends calling police on protesters: ‘Sorry we reached this point’Police arrested nearly 300 people at Columbia University and the City College of New York on Tuesday night, as pro-Palestinian protests intensified across other campuses.
Insights from The Atlantic, The Washington Post, and Voice of America
Tech
‘Disgorgement’: Amazon researchers suggest ways to get rid of bad AI data
The theoretical idea tackles the current difficulties and expense of improving AI models that exhibit bias or violate privacy rules.
Africa
Chinese-backed African fintech startup OPay nears $3 billion valuation
The valuation of OPay, one of Africa’s largest fintech startups has risen to nearly $3 billion at a time when valuations have been hampered by a funding slowdown.
Politics
Donald Trump courts an increasingly friendly Libertarian Party
The former president will speak at this month’s national party convention amid a split in the movement.
Net Zero
Biden’s clean aviation rules are really a gamble on EVs
Diverting more corn to make airline fuel could have climate consequences.- Clashes break out at UCLA after New York police storm Columbia UniversityUniversity clashes over Israel’s war in Gaza escalated across the US as police broke up violence between rival camps at the University of California, Los Angeles, after earlier arrests in New York’s Columbia campus.
Insights from Forbes, Politico, and The Washington Post
Politics
Does Ukraine aid actually move Republican voters? We’re about to find out.
Republican insurgents in a series of upcoming House primaries are facing an uphill battle.
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politics
REUTERS/Eduardo Munoz/Pool
The mayor of Istanbul is Turkey’s new presidential frontrunner
Mayor Ekrem Imamoglu’s political trajectory sees a steep lift after a stunning win in Istanbul, while India’s opposition is in a last-ditch effort to stop Narendra Modi, and Basque separatists rock Spain with regional election results. All of this and more, in the latest updates to our Global Election Hub.
Columbia president defends calling police on protesters: ‘Sorry we reached this point’
Police arrested nearly 300 people at Columbia University and the City College of New York on Tuesday night, as pro-Palestinian protests intensified across other campuses.
Reclassifying cannabis holds serious science potential — but hurdles remain
The US government could soon reclassify cannabis to make it more available for medical use, but don’t expect a boom in recreational pot use.
Democrats are stuck in a familiar place: Arguing over Israel
The campus protests and police sweeps are once again splitting the party.
Donald Trump courts an increasingly friendly Libertarian Party
The former president will speak at this month’s national party convention amid a split in the movement.
REUTERS/Eduardo Munoz/Poolbusiness
Arturo Holmes/Getty Images
The US Fed keeps interest rates steady
The move was expected, but investors are closely watching for hints from Fed Chair Jerome Powell about the central bank’s next moves.
FTC clears Exxon-Pioneer deal but with board twist
Pioneer’s former CEO, Scott Sheffield, won’t be allowed to serve on the combined company’s board as the FTC looks into price-fixing allegations, people familiar with the matter said.
Bill comes due for money-losing tech companies that borrowed billions
With the help of lenders with looser standards, firms borrowed against the promise of runaway growth that didn’t materialize. Now tripwires to turn a profit are kicking in.
Biden on notice as inflation jumps and growth slows
The US economy is cooling down, negatively impacting voters’ perception of Biden in critical swing states.
Victor Khosla on “toasty” equity, a real-estate reckoning, and ducks
The founder of Strategic Value Partners warns about volatility ahead and notes the current market isn’t a good fit for a regular investor buying regular debt.
Arturo Holmes/Getty Imagestechnology
Annegret Hilse/Reuters/File Photo
REUTERS/Mario Anzuoni
PsiQuantum
REUTERS/Arnd Wiegmann
‘Disgorgement’: Amazon researchers suggest ways to get rid of bad AI data
The theoretical idea tackles the current difficulties and expense of improving AI models that exhibit bias or violate privacy rules.
Annegret Hilse/Reuters/File PhotoMusk’s ‘absolutely hardcore’ Tesla layoffs could hurt EVs everywhere
Tesla plans to lay off employees on its Supercharger and Policy teams, despite the former being a core part of the EV maker’s business.
REUTERS/Mario AnzuoniAustralia bets on US startup that aims to build the first massive quantum computer
Silicon Valley’s PsiQuantum gets $620 million to set up the cutting edge technology in Brisbane.
PsiQuantumEU reportedly plans to investigate Facebook and Instagram
The European Union is expected to launch a probe into Meta over its alleged failure to curb Russian disinformation, the Financial Times and Politico reported.
REUTERS/Arnd Wiegmannafrica
OPay offices in Lagos - Pius Utomi Ekpei/AFP via Getty Images
Goran Tomasevic/Reuters
Chinese-backed African fintech startup OPay nears $3 billion valuation
The valuation of OPay, one of Africa’s largest fintech startups has risen to nearly $3 billion at a time when valuations have been hampered by a funding slowdown.
OPay offices in Lagos - Pius Utomi Ekpei/AFP via Getty ImagesUN peacekeepers close eastern DRC base as they move to end mission
The Democratic Republic of Congo asked the UN forces to leave last year despite ongoing fighting that has displaced millions of people.
Goran Tomasevic/ReutersAI in Africa opens up new battlefront for China, US
The US and China are in a new race to shape the use of artificial intelligence in Africa, even as African countries scramble to devise their own AI policies.
US is losing its ‘soft power’ edge to China in Africa - poll
Polling conducted by Gallup suggests that the US has lost its status as the most powerful influence in Africa.
UK consumer giant mulls Africa exit over Nigeria’s naira woes
British consumer goods company PZ Cussons may sell its Africa operations, citing adverse economic conditions, particularly in its largest market Nigeria.
net zero
LUKAS FRICKE/Reuters
REUTERS/Liesa Johannssen
A worker stands in front of a steel furnace. Umit Bektas/Reuters
Turar Kazangapov/Reuters
Biden’s clean aviation rules are really a gamble on EVs
Diverting more corn to make airline fuel could have climate consequences.
LUKAS FRICKE/ReutersGermany’s controversial climate reform highlights coalition fractures
After weeks of heated debate, Germany’s parliament approved a more flexible climate protection law.
REUTERS/Liesa JohannssenHow KKR plans to chase dollars and emissions at once
The private equity firm wants to tackle the ‘valley of death’ plaguing climate tech companies.
A worker stands in front of a steel furnace. Umit Bektas/ReutersPoor countries have a climate bomb on their balance sheets
COP29 needs to tackle sovereign debt, the ‘elephant in the room’ of climate finance.
Turar Kazangapov/Reuterssecurity
REUTERS/Stringer
China declines to meet with US on nuclear arms control, US official says
Washington had been optimistic that Beijing would come back to the table for arms-control talks.
Top Chinese COVID-19 scientist protests lab eviction
The Chinese scientist widely credited with being the first to sequence the COVID-19 virus’s genome claimed to have been “evicted” from his Shanghai lab.
Hopes grow for ceasefire deal in Israel-Hamas war
Diplomats believe Israel and Hamas are edging towards an agreement that could see a temporary end to hostilities.
Xi due in Europe as continent split on political rivalry between Washington and Beijing
Europe finds itself in a conundrum as leaders clash on Chinese green tech overcapacity and their security reliance on Washington.
Ukrainian forces forced to retreat from part of eastern front
An infusion of aid from the US could address some of Ukraine’s supply shortages, but officials have questioned whether it will be enough.
REUTERS/Stringermedia
Hachette Books
Semaforum with Joseph Cox: ‘I was just blown away by its audacity’
“Dark Wire” author Joseph Cox talks about the biggest sting operation in history.
Hachette BooksThe New Yorker’s succession race is kicking off
David Remnick, 65, embodies a brand that sits atop American intellectual culture. Who will replace him when he retires?
Axel Springer’s Trump years
The courtship between Axel Springer and the Trump administration offers an unusual glimpse of a publisher navigating the new political landscape.
The Intercept is running out of cash
The left-wing U.S. newsroom, a hub for pro-Palestinian coverage, is scrambling for funding.
Jina Moore Ngarambe: ‘The idea that empathy is zero-sum’
In her first interview since her exit, former Guernica editor-in-chief Jina Moore reflects on the uproar over an essay the progressive magazine published on Israel and Palestine.
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