Glad to see everyone is reading @semafor 's superb Flagship newsletter, which brings together key stories from all sorts of media in the US morning.
https://t.co/1eDHYR8iwI
Mexico has major reserves of:
Silver (25% of global supply) as well as copper, zinc, lead, bismuth, antimony, and molybdenum
making it yet another player in the global race for critical minerals, writes the great @Arturo_Sarukhan for AQ
https://t.co/8yiNTCyqVS
No one journalist can simultaneously watch interviews with 300 people across 5 days at our Semafor World Economy festival of news. So, we sent an AI bot to listen in, distill nearly 5,000 claims and help surface 9 prevailing views. The outcome was pretty incredible.
Madrid. 4 storeys, no setbacks, terraced flats, high plot coverage, mixed use, narrow streets. Brick covered with stucco, folding louvred shutters, classical detailing. Stone paving, minimal street clutter, greening from small trees and flowerboxes, cars as guests.
"I think they're in touch with their businesses," @ianbremmer tells @semafor's @semaforben when asked if the American business leadership class is out of touch. "I don't know that they're in touch with what's happening in the world."
"I can't look at the direction the world is in right now and say that I feel as good about where the United States will be in 10 years, given decisions that I see being made by all of America's allies everywhere and the human capital underneath that."
the s&p 500 has fully recovered to pre-iran war levels. the strait of hormuz is still effectively closed, disrupting global supply chains. oil is still near $100. inflation just hit a three-year high. the market has decided none of that matters. ai doing a lot of lifting here.
"I actually don't use the phrase 'Let's do more with less,' because I think that gives an excuse to those making the cuts," @DMiliband tells @prashantrao when asked what work @RESCUEorg won't be doing in the wake of international aid cuts.
"We want to do more with more, because we weren't doing enough before."
brazil’s president lula says he will respond to “tariff blackmail” by pursuing closer ties with brics countries who have become “victims of unjustified and illegal trade practices.”
The US dollar is on track for its worst year in modern history — and may not be done falling yet.
The greenback is down more than 7% this year and Morgan Stanley predicts it could fall another 10%.