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Semafor

US inflation jumps, though long-term war impact yet to be seen Hospitals consider replacing some radiologists with AI Amazon takes a jab at Nvidia over chips shift VCs step in to fund university upstarts Exclusive: Anthropic is gaining on OpenAI’s revenue, but hasn’t yet eclipsed it Exclusive: AI powerhouses threaten data processing firms A South African artist is changing the way viewers understand Picasso’s Guernica Airbnb faces familiar battle in Cape Town First look at war-related inflation sparks political jostling View: China’s state businesses are reshaping markets in Africa US issues Nigeria travel warning over terrorism, kidnapping FirstRand exits UK business after regulatory hit Afreximbank’s $800M answer to Fitch Exclusive: Navy takes nuclear-powered sub offline after $800 million cost run-up Cuba leader says he will not step down Fed, Treasury summon Wall Street chiefs over AI fears How Bluesky earned its reputation — and why it could be the way of the future China eyes stronger Taiwan influence Orbán slams Hungary’s opposition as he trails in polls Iran war reshapes air travel, perhaps for the long term Tehran residents embrace calm amid tenuous truce Countries lack fiscal capacity to handle war fallout Higher producer prices ease China deflation fears Trump ‘optimistic’ on Iran peace talks Inside the five-year succession plan at a $130B warehouse giant Georges Elhedery on HSBC’s big bets on the Gulf and Asia Warsh’s Fed hearing slips past next week Moore takes on the Sun’s ‘MAGA billionaire’ and more Debatable: AI titans influencing regulation Americans still think taxes are too high, poll finds
Germany’s Merz marks one year in office
J.D. Capelou · 2026-05-07 · via Semafor

Germany’s chancellor is falling behind on his core goals one year into his tenure, analysts argued.

Friedrich Merz took office with the aim of restoring Berlin’s leadership in Europe and bridging a frayed transatlantic relationship. But the center-right leader’s recent comments on the US’ Iran war strategy have antagonized President Donald Trump, while a German far-right opposition party is surging in polls. Some are now questioning how long Merz’s struggling coalition can hang on, Bloomberg reported.

He is beset by “a tendency to speak forcefully before calculating the consequences,” Politico wrote. But a British commentator argued Merz has shown leadership on defense and security, backing Ukraine while ramping up defense spending at home.