The World in Brief from The Economist

Moody’s stripped America of its Aaa credit rating because of worries about the country’s ballooning debt

Moody’s stripped America of its Aaa credit rating because of worries about the country’s ballooning debt.

Mr Trump said that America would announce new tariffs in the next “two to three weeks”

Mr Trump said that America would announce new tariffs in the next “two to three weeks”

Delegations from Russia and Ukraine sat down for their first direct peace talks in three years in Turkey. Also, Concluding his tour of the Gulf, Mr Trump unveiled deals totalling $200bn with the United Arab Emirates.

Delegations from Russia and Ukraine arrived in different Turkish cities on Thursday.

Delegations from Russia and Ukraine arrived in different Turkish cities on Thursday.

Volodymyr Zelensky arrived in Turkey for talks aimed at ending the war in Ukraine. Also, Mr Trump said that his administration had “sort of” agreed on the terms of a nuclear deal with Iran.

Vladimir Putin will apparently not travel to Turkey for peace talks with Volodymyr Zelensky, his Ukrainian counterpart, according to a list distributed by the Kremlin.