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The World in Brief from The Economist
Trump’s dizzying day of trade news; Fed holds rates steady, and more
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Donald Trump announced a trade deal with South Korea; the country will face tariffs of 15%. Also, the Federal Reserve held its benchmark interest rate steady at 4.25-4.5%, defying Mr Trump’s calls for lower borrowing costs.
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Trump says Iran attack was “our last best chance to strike”; oil prices surge, and more
12:27|Donald Trump described America’s attack on Iran as “our last best chance to strike"; Gas prices in Europe soared by 50% after QatarEnergy LNG halted production following Iranian drone attacks on its facilities.Middle East conflict spreads; oil prices jump, and more
10:31|Conflict spread in the Middle East as Israel carried out strikes on Lebanon after Hizbullah launched missiles at Israel. Also, oil prices surged and stockmarkets fell as the war in Iran entered its third day.20260302. Oil prices jump; Israel strikes Lebanon, and more
02:53||Ep. 20260302Oil prices surged dramatically when markets opened in Asia as traders reacted to the war in Iran that began over the weekend.Trump plans to talk to Iran’s new leadership; Pentagon reports casualties, and more
08:51|Trump plans to talk to Iran’s new leadership; Pentagon reports casualties, and moreIran confirms Khamenei killed; Iran fired several missiles at Israel, and more
10:04|Israeli officials said the strikes had also killed senior regime officials, including the commander of the IRGC, and key members of Iran’s nuclear programme.20260301. Iran confirms Khamenei killed; announces period of mourning, and more
02:25||Ep. 20260301Israeli officials said the strikes had also killed senior regime officials, including the commander of the IRGC, and key members of Iran’s nuclear programmeIsraeli officials say Khamenei is dead; Trump calls for regime change, and more
09:38|Iran fired several missiles at Israel in response, though most seem to have been intercepted by the country’s defence systemsAmerica and Israel attack Iran; Trump calls for regime change, and more
13:48|Several missiles struck Tehran, the capital, including the military headquarters and the offices of the supreme leader, as well as other military sites.20260228. Trump orders government to stop using Anthropic; America’s ambassador to Israel says staff may leave, and more
03:47||Ep. 20260228Britain’s prime minister pledged to “keep on fighting” after his Labour Party lost a parliamentary by-election in a Manchester constituency it has long considered a safe seat