A shortage of oil and gas workers in Venezuela is holding up investment and frustrating Washington’s plans to tame soaring fuel prices. Decades of mismanagement and corruption have hollowed out Venezuela’s oil industry, while a government crackdown and an economic crisis led to a...
Anyone aiming to boost their protein intake in the Gulf has likely felt the pinch in their wallet lately. Prices are rising everywhere, driven by a global craze to add protein to everything, but this isn’t converting to profits for Gulf food producers, who are grappling with high...
The recent collapse of Brazil’s stock market following leftist President Luiz Inácio Lula da Silva’s reelection has extended a dismal run for Latin American equities, and analysts held out little hope for an imminent rebound.
Major automakers urged US lawmakers to ban Chinese vehicle imports after midterm elections, as Beijing’s car companies rapidly expand in international markets.
Oil prices fell on positive comments from Washington and Tehran over talks to end their war, though Gulf nations remained glum and analysts voiced caution over rhetoric transforming into reality. US President Donald Trump has reportedly pushed for more negotiations with Iran, who...
Brent crude oil prices fell to their lowest level in two weeks Monday, as US President Donald Trump hinted at progress in negotiations with Tehran, and Iran’s supreme leader empowered the government to pursue peace talks.
President Donald Trump started off his last public speech before tomorrow’s midterms by highlighting one of his biggest second-term focuses: beautifying Washington, DC.
Email Briefings Semafor
Before there was the other Dan Sullivan, there was the other Mike Doyle.
Wall Street is finding out just how expensive things can get in a matter of months.
The IMF raised its 2026 growth forecast for sub-Saharan Africa to 4.5%, cementing its position as one of the world’s fastest growing regions.
The African National Congress is on course to lose control of most of South Africa’s major cities in Wednesday’s local elections, according to polling data, potentially disrupting power dynamics in the national coalition government.
Exclusive / Election ‘war rooms’ enter the AI age Semafor
Saudi Aramco acquired a 49% stake in HUMAIN, the government’s AI champion, in exchange for AI assets and $2.6 billion as the kingdom once again leans on the state-controlled oil producer to power its diversification goals.
OpenAI CEO Sam Altman is in Abu Dhabi, where he secured contracts to deploy AI products across government, the oil sector, and sovereign wealth management. The deals come as the ChatGPT maker is reportedly looking to lock down a mega funding round ahead of an IPO.
The drums of war are beating again, and the oil-exporting states are bracing “for the worst,” as the UAE’s presidential advisor Anwar Gargash recently put it. Eight months into the US-Iran war, one lesson is clear: There is no amount of operational resilience that can shield ener...
Americans are angry about war and prices, and a president’s second midterm is always difficult — but a series of decisions by President Donald Trump has made Republicans’ Senate majority ever-more vulnerable.
Some investors are dialing back their expectations for US economic growth, as warning signs flashed red over the sustainability of the country’s breakneck AI buildout.