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The World in Brief from The Economist
Meta boosts AI spending; Powell to stay on Fed board, and more
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Meta reported revenues of $56.3bn in the first quarter, up 33% year on year and ahead of expectations; Jerome Powell said he had “no choice” but to remain on the Federal Reserve’s board until the Justice Department’s criminal investigation into America’s central bank was “well and truly over”
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Trump claims King Charles III’s support on Iran; Meta accused of breaching EU law, and more
12:22|Donald Trump claimed King Charles III “agrees with me even more than I do” that Iran should not have a nuclear weapon. Also, regulators charged Meta with breaking EU law by failing to prevent children under the age of 13 from using its platforms.20260429. UAE leaves OPEC; King Charles III addresses Congress, and more
04:05||Ep. 20260429The United Arab Emirates said it would leave the Organisation of Petroleum Exporting Countries on May 1st, after six decades of membership.UAE leaves OPEC; King Charles III addresses Congress, and more
11:12|The United Arab Emirates said it would leave the Organisation of Petroleum Exporting Countries on May 1st, after six decades of membership; In a speech to America’s Congress, King Charles III sought to salvage the countries’ battered “special relationship”, saying ties were “more important” than ever and that global challenges were “too great for any one nation to bear alone”.Rubio dismisses Iran’s latest proposal; Hizbullah refuses to disarm, and more
10:35|America’s secretary of state dismissed as “unacceptable” a new proposal by Iran to end the war. Also, Hizbullah’s leader ruled out giving up its weapons under any deal with Israel20260428. China blocks sale of AI firm to Meta; White House gunman charged with attempting to assassinate Trump, and more
04:08||Ep. 20260428China blocked Meta’s $2bn acquisition of Manus, an artificial-intelligence startup, ordering both firms to cancel the transaction.China blocks sale of AI firm to Meta; White House gunman charged with attempting to assassinate Trump, and more
10:32|China blocked Meta’s $2bn acquisition of Manus, an artificial-intelligence startup, ordering both firms to cancel the transaction; Cole Tomas Allen, the gunman arrested at the White House Correspondents’ Association dinner on Saturday, was charged with attempting to assassinate Donald Trump, as well as two firearms offenses.Trump calls White House gunman “anti-Christian”; Israeli opposition parties unite, and more
10:02|The gunman arrested at the White House Correspondents’ Association dinner on Saturday will be charged on Monday. Also, Abbas Araghchi, Iran’s foreign minister, arrived in Russia, where he is expected to meet Vladimir Putin to discuss the war in Iran.20260427. King Charles’ state visit to go ahead; first sub-two-hour marathon, and more
03:23||Ep. 20260427Buckingham Palace said a state visit by King Charles and Queen Camilla to America will go ahead on Monday, despite security worries after a shooting at the White House Correspondents’ Association dinner on Saturday.