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Semafor
@semafor
A global intelligence news platform for the new world economy. Sign up for our email briefings:
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Regional powers protest as China tests long-range missile
Progressives see polling, candidate momentum in Michigan
📺@semafor WH reporter @Eleanor_Mueller joins @CNNThisMorning to talk political news of the day. 🟡For more from Eleanor and the rest of the DC team, sign up for Semafor's Washington, DC briefing today:
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📺@semafor WH correspondent @ShelbyTalcott joins @EricaRHill, @RepBowman and @Maura_Gillespie on @cnn's @OutFrontCNN to discuss her latest report on how Trump became President of Washington, DC. ➡️
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As Trump promises to deliver his July 4 speech no matter what, a reminder of how long he’s been thinking about the country’s 250th birthday (and potentially being president for the celebrations):
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Pope Leo XIV excommunicated at least 750 priests belonging to the ultraconservative Society of St. Pius X on Thursday, a rare measure that produced the church’s largest schism in 150 years.
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A Spanish immigration amnesty drew 1.2 million applicants, double the expected number. Madrid is unusual in Europe in maintaining an open immigration policy; elsewhere, governments, under pressure from populist anti-migrant parties, are closing borders.
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A heat wave gripping the US this week is putting pressure on an already-strained energy grid. As Americans crank up their air conditioners, the country’s largest grid operator forecast that electricity demand could break records, raising the risk of blackouts.
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The leaders of India and Japan pledged Thursday to strengthen economic ties, as cross-border dealmaking picks up between the two Asian nations. Indian Prime Minister Narendra Modi said the two sides have reached nearly 120 business agreements over the past year, bringing more than $10 billion in Japanese investment to India.
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Tesla’s European sales have recovered as rising fuel prices outweigh consumers’ dislike for CEO Elon Musk.
Humanoid-maker Apptronik has opened Robot Park, a factory in Austin, Texas, where its robots will practice real-world tasks across a warehouse the size of two football fields.
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How did the Trump presidency shrink into an intense focus on remaking Washington, DC? Big read from @ShelbyTalcott answers that question
🟡 Exclusive: Republican committee chair criticizes Zimbabwe leader’s power grab
Democratic group offers Colorado primary postmortem
Abu Dhabi’s International Holding Company and India’s Adani Group have agreed to invest $11.5 billion to build an aluminum complex in the eastern Indian state of Odisha.
Africa’s bid to build its own vaccine industry is about to face its biggest test just as Western health funding retreats.
Africa’s aid dependency was never Washington’s to fix, argues W. Gyude Moore.
Blue Owl hit by billions in redemptions — again.
Principal Asset Management, the Iowa-based firm that manages more than $590 billion, is planning to launch a Sharia-compliant US private credit fund.
Democrats are waking up to a new reality: Impeaching Trump just doesn’t land the way it used to. Israel is now eclipsing the desire to hold the president accountable as a motivating factor for many Democratic base voters. Read more from @nicholaswu12 and @daveweigel:
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