The US failure to consult European allies on its decision to attack Iran won’t break the strong bonds between the longtime partners, Greek Finance Minister Kyriakos Pierrakakis said at Semafor World Economy in Washington, DC, on Tuesday.

“There can be turbulence in that relationship, there are disagreements in that relationship,” said Pierrakakis, who also heads...

The economic fallout from the energy crisis unleashed by the war in Iran and questions of how to bolster energy security are dominating discussions at the World Bank and IMF spring meetings in Washington this week.

For low-income countries in sub-Saharan Africa and South Asia, higher import bills for fuel, fertilizer, and food risk

The majority of people have remained in Dubai despite heavy bombardment from Iran amid the ongoing US-Israel war, and domestic spending has nearly recovered, according to the CEO of the Dubai Economic Development Corporation.

While an unsurprising statement from the man charged with attracting investment to the UAE’s largest city, Hadi Badri acknowledged the “su...

Leading CEOs and officials spent the opening day of Semafor World Economy grappling with how to hardwire more resilience into the global energy system at a moment of unprecedented risk.

There are a lot of chokepoints in the energy market these days, from trade routes under threat of drone attack to maxed-out electric grids and China’s stranglehold on critical ...

Tankers are still on the ocean. Warehouse inventories are dwindling but not empty yet. Markets defying geopolitical dangers and economic warning signs to regain their year-to-date losses. Lazard CEO Peter Orszag told me yesterday at Semafor World Economy that this is “a Road Runner moment,” where we’re already over the cliff, but are suspended for a...