- D.C.
- BXL
- Lagos
- Riyadh
- Beijing
- SG
Intelligence for the New World Economy
- D.C.
- BXL
- Lagos
- Riyadh
- Beijing
- SG
Politics
Trump uses semiquincentennial to bash communism
The president slammed communism as a “cancer” during his remarks on the National Mall on Saturday.
SpaceX No. 2 exec donates $320 million of stock to Trump Accounts
Gwynne Shotwell said her gift for the children’s investment accounts is focused on lower-income families in Texas.
SpaceX No. 2 exec donates $320 million of stock to Trump Accounts
Gwynne Shotwell said her gift for the children’s investment accounts is focused on lower-income families in Texas.
View / The debate over AGOA is missing the point
Meta money grab is a plea to investors: Stick with us
The World at a Glance
Updated 11:45am EDT
1
A major NATO summit in Türkiye this week is expected to highlight the deep divide between the US and Europe.
2Moscow and Kyiv traded blows from the sky on the eve of a major NATO summit.
3Gwynne Shotwell, SpaceX’s president and COO, said she plans to donate $320 million of stock to investment accounts for kids known as Trump Accounts.
4Eastern European nations are stockpiling, fortifying, and preparing for potential conflict with Russia, as US support appears fragile.
5Beijing tested a long-range ballistic missile in the Pacific, drawing rebukes from regional rivals who fear increased Chinese aggression.
6FIFA’s reversal of a one-match World Cup ban for US striker Folarin Balogun has led to outrage and accusations of favoratism.
Europe wary of US ahead of NATO summit
The transatlantic defense summit this week looks set to confirm the growing rift between Washington and Brussels.
Regional powers protest as China tests long-range missile
Beijing insisted the test was not directed at any particular country, but the move drew rebukes from Japan, Australia and New Zealand.
White House marks Trump Accounts launch
More than six million kids had already signed up for Trump Accounts, enacted last year as part of the Republican tax bill, before they launched on July 4.
Saudi sales offsets Gulf property slowdown for DarGlobal
The London-listed luxury developer has seen a pause in some markets during the war, but demand in Saudi Arabia is driving growth.
Progressives see polling, candidate momentum in Michigan
State Sen. Mallory McMorrow dropped her Senate bid, narrowing the Democratic primary for an open seat to Abdul El-Sayed and Rep. Haley Stevens, D-Mich.
‘April Fool’s Day’: Outrage as US player’s World Cup ban is quashed
US President Donald Trump reportedly pressured soccer’s governing body, FIFA, to overturn the one-match ban.
How Trump became the president of Washington, DC
The president’s obsession with the nation’s capital is growing as he reaches the limits of presidential power.
AD
Politics
The World of Work: State of the Global Workplace
On-the-record conversations will explore how AI, economic uncertainty, and shifting employee expectations are reshaping organizations, from talent shortages and workforce trust to AI adoption and organizational resilience.
Trump uses semiquincentennial to bash communism
The president slammed communism as a “cancer” during his remarks on the National Mall on Saturday.
Jonathan Ernst/Reuters
Progressives see polling, candidate momentum in Michigan
State Sen. Mallory McMorrow dropped her Senate bid, narrowing the Democratic primary for an open seat to Abdul El-Sayed and Rep. Haley Stevens, D-Mich.
Emily Elconin/Reuters
White House marks Trump Accounts launch
More than six million kids had already signed up for Trump Accounts, enacted last year as part of the Republican tax bill, before they launched on July 4.
NATO heads into ‘deal-making’ summit
As NATO leaders head into this week’s annual summit, the alliance increasingly resembles a marketplace defined by defense spending and procurement as much as shared values, analysts said.
America celebrates a chaotic 250th birthday
President Donald Trump marked the 250th anniversary of the US by declaring that the country is “stronger than ever,” as celebrations unfolded amid heightened political tensions in Washington.
How Trump became the president of Washington, DC
The president’s obsession with the nation’s capital is growing as he reaches the limits of presidential power.
Republican committee chair criticizes Zimbabwe leader’s power grab
President Emmerson Mnangagwa is already facing pressure in Washington.
Democratic group offers Colorado primary postmortem
The Congressional Hispanic Caucus’ political arm is taking a victory lap after its preferred candidate, progressive Manny Rutinel, won a competitive Colorado primary this week.
Republicans plot to counter Democrat probes
The GOP could rely on the threat of parallel probes by the Trump administration to power the House minority’s congressional investigations.
Trump Accounts rollovers expected post-launch
Experts estimate that more than half of the children eligible to receive $1,000 in seed money for Trump Accounts still have not enrolled.
Business
SpaceX No. 2 exec donates $320 million of stock to Trump Accounts
Gwynne Shotwell said her gift for the children’s investment accounts is focused on lower-income families in Texas.
Brendan McDermid/Reuters
India benefits from lack of AI stocks
India’s stock market has lagged behind the rest of the world largely due to its lack of big AI names. That’s now proving to be an advantage.
OPEC+ hikes output as prices fall
OPEC+ on Sunday agreed to increase crude production again, as more barrels flow through the Strait of Hormuz amid a US-Iran ceasefire.
How Allianz’s CEO prepares for the risk of ‘huge havoc’
Oliver Bäte says Europe can no longer afford all the options its citizens expect.
The MSCI boss helping Elon Musk get closer to Mars
Henry Fernandez says the index provider has grown by playing soccer, not singles tennis.
Technology
India benefits from lack of AI stocks
India’s stock market has lagged behind the rest of the world largely due to its lack of big AI names. That’s now proving to be an advantage.
Shailesh Andrade/Reuters
Apptronik turns robot simulations into reality
The company will share findings with Google DeepMind and integrate data into Gemini robots.
The Apptronik Robot Park. Courtesy of Apptronik.
US death rate hits record low
A collapse of drug overdose deaths was the main driver.
OpenAI considers giving US government 5% stake
The move comes as the question of how to redistribute AI windfalls is being debated on either side of the political aisle.
Anthropic rolls back China tracking code
A cybersecurity newsletter reported that the Claude Code feature covertly tracked and transmitted information based on a user’s timezone and potential connection to certain Chinese tech companies.
Europe should build AI – and fear it, too
If Europe doesn’t change course on AI, it risks becoming an economic backwater, asset-stripped and descending into anarchy, according to the research project Europe 2031.
Energy
US heat wave strains grid
A heat wave gripping the US this week is putting pressure on an already-strained energy grid.
Jordan Tovin/Reuters
Russia faces growing fuel shortage
President Vladimir Putin acknowledged this week that Ukrainian drone attacks on Russian refineries had triggered fuel shortages, but downplayed the severity of a crisis.
Alexander Ermochenko/Reuters
Renewed oil flows give US leverage
The future of the Strait of Hormuz is hanging over the indirect talks in Qatar this week.
Stringer/File Photo/Reuters
Gulf
Qatar and Saudi Arabia delegations attend funeral of Ayatollah Khamenei
The display of diplomatic protocol drew criticism after Iranian organizers appeared to taunt the visiting delegations.
Mohammed Salem/Reuters
UAE’s non-oil economy reaches lowest point in seven years
The UAE’s non-oil economy is experiencing its worst period since the COVID-19 pandemic.
Dubai presses on with megabuilds
The emirate approved an 18 billion-dirham ($4.9 billion) spending plan for new measures aimed at improving the attractiveness of the city.
Saudi sales offsets Gulf property slowdown for DarGlobal
The London-listed luxury developer has seen a pause in some markets during the war, but demand in Saudi Arabia is driving growth.
Thousands mourn slain Iranian leader
Tens of thousands of Iranians gathered in Tehran on Sunday for the funeral of slain leader Ayatollah Ali Khamenei, with supporters chanting calls for “revenge” against the US.
China
Regional powers protest as China tests long-range missile
Beijing insisted the test was not directed at any particular country, but the move drew rebukes from Japan, Australia and New Zealand.
Maxim Shemetov/Reuters
Beijing releases jailed pastor
The leader of a prominent Chinese underground church was released from prison and traveled to the US after President Donald Trump raised his case directly.
Jin in 2018. Thomas Peter/Reuters
US, China trade dynamic stabilizes
The US and China are moving toward reducing tariffs on each other’s agricultural products.
P.J. Huffstutter/Reuters
Africa
East African animators break onto global stage
The Addis-Ababa-based studio behind ‘Sunday Morning’ took home two awards.
@behagerlij/Instagram
Dangote eyes expansion into Tanzania
The Nigerian billionaire held talks with Tanzania’s president last week, and formal talks to finalize a deal are to be held soon.
Temilade Adelaja/Reuters
Economists warn Africa faces prolonged crunch
A US-Iran ceasefire is unlikely to ease short-term conditions in a region badly impacted by the war.
DRC to extend fuel subsidy cuts
The government said it was “rationalizing” fuel support by targeting sectors able to absorb market prices.
Lawsuits threaten Nigerian opposition challenge to Tinubu
Opposition parties say the cases raise concerns about transparency and rule of law ahead of January 2027 elections.
The debate over AGOA is missing the point
The US needs to stop thinking of Africa as a collection of bilateral relationships and start building a continental trade and investment strategy.
Security
Fearing Russian aggression, Eastern Europe prepares
Along Europe’s eastern flank, countries are stockpiling, fortifying, and preparing to go it alone in the face of Russian aggression.
Kuba Stezycki/Reuters
Moscow and Kyiv escalate air campaigns
Russia and Ukraine both launched strikes, vying for the upper hand ahead of a key NATO summit this week.
A Russian drone and missile attack in Kyiv yesterday. Oleksandr Ratushniak/Reuters.
NATO heads into ‘deal-making’ summit
As NATO leaders head into this week’s annual summit, the alliance increasingly resembles a marketplace defined by defense spending and procurement as much as shared values, analysts said.
Evan Vucci/Reuters
Media
‘The View’ throttles back political candidate bookings following FCC inquiry
Since February, the ABC daytime talk show has cut its bookings of candidates for office.
Daniel Cole/Reuters
Daily Wire, under pressure, seeks strategic investors, targets IPO
The Daily Wire is in talks to take on at least $100 million in investment, with an eye on an initial public offering in a few years’ time.
OpenAI’s $100 billion ad bet
The tech giant rolled out new tools for creatives.
The Atlantic beefs up its video podcasts
One of America’s oldest magazines is investing in video after seeing notable growth in its audience.
David Droga on AI and the end of ‘mediocre’ human-made ads
As he sees it, the advertising industry is in the throes of a profound technological shift.
CEO Signal
How Allianz’s CEO prepares for the risk of ‘huge havoc’
Oliver Bäte says Europe can no longer afford all the options its citizens expect.
Courtesy of Allianz/Graph Massara/Semafor
The MSCI boss helping Elon Musk get closer to Mars
Henry Fernandez says the index provider has grown by playing soccer, not singles tennis.
Courtesy of MSCI/Graph Massara/Semafor
How Antonio Neri turned HPE into an unlikely AI stock
The veteran dealmaker says he’s ‘building the best networking business on the planet’.
Courtesy of HPE/Graph Massara/Semafor
AD