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Top GOP group pauses Senate spending in N.C., goes up in Kansas
A Republican super PAC is shifting strategy.
Top GOP group pauses Senate spending in N.C., goes up in Kansas
A Republican super PAC is shifting strategy.
View / JD Vance’s speech previews post-Trump GOP
View / South Africa is a crime scene
The World at a Glance
Updated 9:55am EDT
1
The US added 29,000 jobs in September, falling short of expectations and bolstering the case for a Fed rate hold.
2Soaring borrowing costs spurred fears of a gathering European debt crisis, with French, Greek, Italian, and UK bond yields all rising.
3EU states readied talks over a feared diesel shortage as surging prices drove major refiners to ban exports.
4Russia plans to increase strikes on civilian targets, Ukraine’s president warned, as Moscow threatened a nuclear response to any NATO aggression.
5The US dispatched another aircraft carrier and thousands more troops to the Middle East, signaling a potential escalation in the Iran war.
6German Chancellor Friedrich Merz came under growing pressure over electoral and legislative failures, raising the possibility he could be ousted.
Third-country decision a ‘devastating result,’ lawyer says
Immigrant advocates are grappling with the Supreme Court’s decision to allow the Trump administration to move forward with third-country deportations.
House Democrat presses FBI on license plate readers
“The FBI’s plan to obtain direct access to this extensive network of cameras raises the risk of substantial abuses of Americans’ data,” wrote Rep. Greg Casar, D-Texas.
Fears of European debt crisis send bond yields soaring
UK, Greek, and Italian bond yields climbed, while France remained at the epicenter of the storm after a proposed budget failed to quell investors’ anxiety.
Germany’s chancellor under pressure over failures
European capitals have reportedly gamed out the implications of Chancellor Friedrich Merz being forced out after a string of electoral and legislative failures.
US signals potential escalation in the Iran war
The US dispatched another aircraft carrier and thousands more troops to the Middle East, while Tehran is reportedly preparing its own response to any American attacks.
West Virginia’s Justice may delay decision on running for governor
The senator said he plans to make his decision “really soon.”
A potential 2028 Democratic kingmaker has advice for candidates
New Mexico Gov. Michelle Lujan Grisham says Democrats should be running on universal childcare proposals.
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Politics
Midterm elegy
The vice president hits the trail and previews 2028.
Kevin Lamarque/Reuters
Top GOP group pauses Senate spending in N.C., goes up in Kansas
A Republican super PAC is shifting strategy.
Al Drago/Reuters
Third-country decision a ‘devastating result,’ lawyer says
Immigrant advocates are grappling with the Supreme Court’s decision to allow the Trump administration to move forward with third-country deportations.
Aaron Schwartz/Reuters
House Democrat presses FBI on license plate readers
“The FBI’s plan to obtain direct access to this extensive network of cameras raises the risk of substantial abuses of Americans’ data,” wrote Rep. Greg Casar, D-Texas.
West Virginia’s Justice may delay decision on running for governor
The senator said he plans to make his decision “really soon.”
A potential 2028 Democratic kingmaker has advice for candidates
New Mexico Gov. Michelle Lujan Grisham says Democrats should be running on universal childcare proposals.
Trump tightens chokehold on Cuba
For many in the administration, the strategy toward Cuba remains simple: Wait until it falls.
The AI industry balances Trump and a changing Washington
Despite the warm welcome at the White House, industry leaders are bracing for a Democrat-controlled Congress.
US pressures European nations to release emergency diesel supplies
The White House administration turned to coercion in efforts to tame surging fuel prices, telling European capitals to either release their emergency diesel supplies or face a US diesel export ban.
Casten drums up support for Financial Services bid
Rep. Sean Casten, D-Ill., has quietly asked Democrats in recent weeks to support him in a potential bid for the top position on the House Financial Services Committee, according to people familiar with the outreach.
US trade representative won’t commit to new Russian sanctions
Whether to impose the levies ‘is for the president to decide,’ Jamieson Greer said on the sidelines of the G20 trade ministerial.
Business
US adds 29,000 jobs in September, far short of expectations
The report adds to evidence that the Federal Reserve will hold rates steady at its October meeting.
Mike Blake/Reuters
Fears of European debt crisis send bond yields soaring
UK, Greek, and Italian bond yields climbed, while France remained at the epicenter of the storm after a proposed budget failed to quell investors’ anxiety.
‘It’s not about the champagne:’ Why VistaJet thinks the private flights boom can last
Founder Thomas Flohr is keeping IPO options open as he expands his global fleet.
How Greg Jackson runs Octopus Energy with no HR, no bonuses, and no succession plan
The serial founder relies on “family dinners,” accessibility, and a disdain for bureaucracy.
Starbucks opens first cafés in Xinjiang region
The prompted criticism from activists and US lawmakers over the coffee giant’s decision to expand into an area widely scrutinized for human rights violations.
Technology
AI costs are rising for organizations, reports warn
Two new reports from consulting giants show how the AI adoption conversation has shifted from whether it works to whether the spending on it is sustainable.
Dado Ruvic/Reuters
Amazon launches new data center commitments
The tech giant vowed to publish its energy and water use annually, and spend more than $1 billion over five years on free community college, trades training, and home energy-efficiency upgrades in data center counties.
Priyanshu Singh/Reuters
Meta parts ways with Virtue AI
“Unfortunately, the arrangement didn’t work out as planned,” a Meta spokesperson told Semafor.
The AI industry balances Trump and a changing Washington
Despite the warm welcome at the White House, industry leaders are bracing for a Democrat-controlled Congress.
Broadcom to lend Anthropic $42 billion to lease chips: Report
Broadcom joins in on the trend of chipmakers financing the AI buildout that’s driving demand for their products.
Deepseek and Huawei partner to develop AI software
The move underlines how China’s leading tech companies are working to reduce their reliance on US chipmakers and challenge American AI dominance.
Energy
EU faces diesel shortage as major refiners ban exports
EU member states readied for talks over a feared diesel shortage, after the US, Russia and China all touted banning or suspending exports as global prices surge.
Francisco Bonilla/Reuters
US pressures European nations to release emergency diesel supplies
The White House administration turned to coercion in efforts to tame surging fuel prices, telling European capitals to either release their emergency diesel supplies or face a US diesel export ban.
Axel Schmidt/Reuters
UAE pushing for more investment in global water infrastructure
Despite attacks by Iran on desalination plants this year, the UAE hasn’t experienced a single day of water supply cuts.
Rula Rouhana/Reuters
Gulf
Abu Dhabi hits back over Man City ruling
The fallout from Manchester City’s guilty verdict last week is threatening billions in investment.
Carl Recine Livepic/Reuters
Abu Dhabi-Dubai gap draws billion dollar projects
Aldar, the capital’s biggest developer, and Sharjah’s Arada formed a 15 billion dirham ($4.1 billion) partnership.
Saudi market reforms could stall IPO recovery
Proposed new listing rules could pull down valuations and deter banks from backing deals
Iran asserts victory over US in 14,390-word letter to Americans
Tehran is reportedly preparing a more forceful response if Washington resumes large-scale strikes.
Pilot stabbing on flydubai flight scrambles Israeli elections
Israeli Prime Minister Benjamin Netanyahu’s opponents drew parallels to the government’s pre-Oct. 7 security failures.
China
Starbucks opens first cafés in Xinjiang region
The prompted criticism from activists and US lawmakers over the coffee giant’s decision to expand into an area widely scrutinized for human rights violations.
A Starbucks booth at an expo in China. Florence Lo/Reuters
Deepseek and Huawei partner to develop AI software
The move underlines how China’s leading tech companies are working to reduce their reliance on US chipmakers and challenge American AI dominance.
Florence Lo/Reuters
OpenAI accuses top Chinese lab of distilling models
OpenAI alleged that Chinese competitor Moonshot used wide-scale distillation amidst rising AI-race tensions between Washington and Beijing.
Dado Ruvic/Reuters
Africa
South Africa is a crime scene
A recent spate of murders and mass shootings shone a light on the realities of violence in South Africa.
Esa Alexander/Reuters
Phone maker Transsion plans $500M Hong Kong IPO
Transsion held a 53% market share by revenue in Africa in 2025, according to research firm Frost & Sullivan.
Akintunde Akinleye/Reuters
Zambia presses Gulf investors on local mine rules
Zambia is Africa’s second-largest producer of copper, whose prices have soared as demand rises for metals used in electric vehicles and power grids.
AfDB in talks to plug $400B financing gap
The bank has held talks with financiers to find ways to mobilize around $4 trillion in untapped domestic capital to fund Africa’s development needs, its president said.
African Union urges restraint as Ethiopia tensions grow
Ethiopia has accused Egypt, Eritrea, and Sudan of supporting armed opposition groups that have fought its federal troops.
Nigeria’s Tinubu declares economic ‘emergency’ over
The president’s three-year overhaul of Nigeria’s economy has dramatically raised living and operational costs for households and businesses.
Security
US signals potential escalation in the Iran war
The US dispatched another aircraft carrier and thousands more troops to the Middle East, while Tehran is reportedly preparing its own response to any American attacks.
US Navy Handout/Reuters
Russian fear-mongering stokes fears of military escalation
Officials, led by Ukraine’s president, warned that Russia appeared to be readying military escalation against Kyiv and Europe more broadly.
Smoke from a Russian drone strike rises behind the graves of soldiers in Ukraine. Alina Smutko/Reuters
Iran asserts victory over US in 14,390-word letter to Americans
Tehran is reportedly preparing a more forceful response if Washington resumes large-scale strikes.
Majid Asgaripour/WANA via Reuters
Media
Euractiv relaunches as ‘Rapporteur’ in Brussels
The newsroom, founded in 1999, has rebooted in recent years as a competitor to Politico Europe.
Rapporteur
Beverage brand Liquid Death will make others’ ads
Liquid Death is one of the purest marketing stories of the moment: a billion-dollar company that sells the ultimate commodity through edgy comedy.
Trump battles press as Xi heads to town
A judge is expected to hear arguments in a lawsuit brought by the three news outlets the president banned from the White House last week.
Inside the US Treasury secretary’s tense relationship with financial media
Scott Bessent’s blacklist starts with Bloomberg.
Fertile ground
Flagship’s lead writer Tom Chivers says goodbye after four years.
CEO Signal
‘It’s not about the champagne:’ Why VistaJet thinks the private flights boom can last
Founder Thomas Flohr is keeping IPO options open as he expands his global fleet.
How Greg Jackson runs Octopus Energy with no HR, no bonuses, and no succession plan
The serial founder relies on “family dinners,” accessibility, and a disdain for bureaucracy.
How Harvard Business School’s former dean thinks AI will test today’s CEOs
Nitin Nohria sees the technology as a decentralizing force that will challenge company power structures.
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