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Semafor World Economy

Tom Chivers

Tom Chivers

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Sign up for Semafor Flagship: The daily global news briefing you can trust.

JPMorgan restricts Anthropic in Hong Kong

The White House, citing national security concerns, has blocked all foreign nationals from using Anthropic’s most advanced models.
JPMorgan chase office exteriorEduardo Munoz/Reuters

Execs are warning that EU overregulation is constraining business

ArcelorMittal’s executive chairman and the governor of Saudi Arabia’s Public Investment Fund voiced concern about the regulatory environment.
Wolfgang Rattay/Reuters

EU eyes unified China approach

Europe has long been nervous about cheap, state-subsidized Chinese goods undermining the continent’s manufacturing industries.
Kim Kyung-Hoon/Reuters

Global central banks grapple with war

While the booming US economy provides room for hikes, Europe risks slowing its already sluggish economy.
European union flagsWolfgang Rattay/Reuters

France’s spy agency drops Palantir

Europe’s tech sovereignty concerns have risen after the US government blocked foreign nationals’ access to Anthropic’s frontier models.
Dado Ruvic/Reuters

EU removes tariffs from US goods

The European Parliament approved its trade deal with the US, agreeing to reduce tariffs on industrial and agricultural goods.
EU flags in BrusselsYves Herman/Reuters

SpaceX overtakes Amazon in value, raising concerns of a bubble

The space giant’s IPO last week broke records and investors have only piled in since.

Trump signals Ukraine not a priority

Trump’s comments that the US had “nothing to do” with a faraway war will worry Washington’s European allies.

How Frederic Church brought America to the world

Victoria Johnson’s biography shows how the 19th-century painter’s landscapes helped to define the nation’s image of itself.

UK to ban social media for under-16s

The ban will include Instagram, TikTok, and other platforms as well as YouTube but not messaging apps like WhatsApp.

Russia likely culprit in UK arson attacks

Moscow regularly recruits young men of various nationalities — the Starmer arsonists were Ukrainian-born — as proxies in its shadowy hybrid warfare campaigns,

SpaceX extends record-breaking debut

The space giant is yet to turn a profit, but its revenues have grown exponentially.

Anthropic comes to Washington to meet White House officials

The Trump administration blocked foreign nationals’ use of Fable and Mythos, citing security concerns.

Hockney’s technique, in the artist’s own words

The veteran British artist, who died last week at 88, published a 2001 book that delved into the realist style of his Old Master influences.

Ukraine’s defense clout grows as NATO members seek its expertise

A German arms company is in talks to build Ukraine’s Flamingo cruise missile, a sign of Kyiv’s growing clout in the defense industry as NATO members seek its expertise.

Mexico triumphs in World Cup opener

Hosts Mexico beat South Africa 2-0 in a promising opening game of the men’s soccer World Cup.

Switzerland mulls capping population

Switzerland will vote this weekend in a referendum on whether to cap its population at 10 million amid concerns about immigration.

AI price war begins

Users are increasingly looking for value as well as capability.
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