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The World in Brief from The Economist
Fed holds rates steady; Reddit’s reported share price, and more
Ep. 20240321
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The Federal Reserve left its benchmark interest rate unchanged, as expected, at a range between 5.25% and 5.5%.
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20260720. Iran warns ships in Hormuz; Spain win the World Cup, and more
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Iran warns ships in Hormuz; Ukraine and Russia trade strikes, and more
09:37|Iran said two ships trying to pass through the Strait of Hormuz using an “unsafe route” were involved in an unspecified “accident”; Ukraine hit four fuel-infrastructure facilities in southern Russia and oil tankers in the Black Sea.
Two American servicemen killed in Jordan; Leader of Germany’s ruling Christian Democratic Union resigns, and more
14:49|Two American servicemen were killed in Jordan on Friday in an Iranian missile and drone attack, US Central Command said. Ukrainian drones hit two warehouses in Russia, killing eight people and injuring more than 60 others.
20260719. Ukraine strikes Russian warehouses, Two American servicemen killed in Jordan, and more
03:31||Ep. 20260719Jens Spahn resigned as parliamentary leader of Germany’s ruling Christian Democratic Union after coming under scrutiny for fathering a child through surrogacy in America
Two American servicemen killed in Jordan; Ukraine strikes Russian warehouses, and more
11:00|Jens Spahn resigned as parliamentary leader of Germany’s ruling Christian Democratic Union after coming under scrutiny for fathering a child through surrogacy in America
Iran strikes Gulf states; Ukrainians stage protests, and more
14:53|Iran launched missiles and drones at Bahrain and Kuwait after America attacked Iran for a seventh night in a row; For a second day, thousands of Ukrainians protested against Volodymyr Zelensky’s decision to fire Mykhailo Fedorov, the country’s popular defence minister.
20260718. America and Iran escalate attacks; Global stocks sink, and more
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Global stocks sink; America and Iran escalate attacks, and more
14:47|Global stocks sank as investors sold off semiconductor shares, signalling scepticism about the sustainability of the AI boom; The slump in chip stocks allowed Apple to briefly overtake Nvidia as the world’s largest company.
Trump accuses China of election interference; Xi calls for AI co-operation, and more
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