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The World in Brief from The Economist
Fed cut rates by a half-point; walkie-talkies explode in Lebanon, and more
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The Federal Reserve lowered its benchmark interest rate by half a percentage point, to 4.75-5%. Also, a day after hundreds of pagers used by Hezbollah militants blew up, their walkie-talkies exploded, killing at least 20 people and injuring hundreds
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20240919. Fed cuts rates by a half-point; walkie-talkies explode in Lebanon, and more
04:03||Ep. 20240919The Federal Reserve lowered its benchmark interest rate by half a percentage point.Fed cuts rates by a half-point; walkie-talkies explode in Lebanon, and more
11:47|Meanwhile, the United Nations General Assembly overwhelmingly adopted a resolution demanding Israel end its “unlawful” occupation of Palestinian territories within a yearHizbullah vows revenge for pager attack; BlackRock to set up AI fund, and more
11:36|Hizbullah vowed “just punishment” for Israel after pagers used by the Iran-backed militia exploded in Lebanon and Syria. Also, BlackRock, the world’s largest asset manager, will launch a new fund to invest in artificial-intelligence infrastructure, such as data centers and energy projects.20240918. Pagers explode in Lebanon and Syria; Germany’s new centre-right leader, and more
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